Car Insurance in Redwood Falls - 9 Discounts to Save Money

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me, many consumers are feeling buyer's remorse and feel like there's no way out. Drivers have so many to buy insurance from, and though it is a good thing to be able to choose, too many choices makes it more difficult to compare rates.

It's important to compare prices at least once a year since rates are constantly changing. Even if you got the best deal a couple years back you can probably find a better price now. Starting right now, block out anything you think you know about car insurance because we're going to show you the only way to find lower rates on car insurance.

Be sure to get all your discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to reduce the price significantly. Most are applied when you quote, but lesser-known reductions have to be asked about prior to getting the savings. If you're not getting every credit possible, you are paying more than you should be.

Senior Citizens - If you're over the age of 55, you may be able to get a small decrease in premiums.
Driver Safety - Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
No Charge for an Accident - Certain companies permit an accident before hitting you with a surcharge as long as you don't have any claims prior to the accident.
Homeowners Discount - Owning a house in Redwood Falls may trigger a car insurance policy discount due to the fact that maintaining a home requires personal responsibility.
Drivers Education - Cut your cost by having your teen driver complete a driver education course if it's offered in school.
Drive Less and Save - Fewer annual miles can qualify you for lower rates on the low mileage vehicles.
Sign Online - Certain companies may give you up to $50 for buying your policy over the internet.
Anti-theft Discount - Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.

As a disclaimer on discounts, most credits do not apply the the whole policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think you can get free auto insurance, car insurance companies aren't that generous. Any amount of discount will bring down the amount you have to pay.

To choose companies who offer car insurance discounts in Minnesota, follow this link.

Is there truth in advertising?

Consumers in Minnesota can't ignore all the ads that promise big savings from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing about savings after switching your coverage to them.

How does each company claim to save you money?

All companies are able to cherry pick for the type of customer that makes them money. An example of a desirable insured might be over the age of 40, has no tickets, and drives less than 10,000 miles a year. Any new insured who fits that profile will get very good rates and is almost guaranteed to save when switching.

Potential customers who don't measure up to these standards will have to pay a higher premium which usually ends up with the customer not buying. The ads say "people who switch" but not "drivers who get quotes" save that much money. That's the way companies can truthfully advertise the way they do.

Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which car insurance company will provide you with the cheapest rates.

Additional information is available on the website for the Minnesota Department of Commerce through this link. Visitors are able to learn about insurance regulations, discover disciplinary actions, file complaints about an insurance agent or broker, and get help finding coverage.

In the end, you save

As you go through the steps to switch your coverage, never buy poor coverage just to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. Your aim should be to find the BEST coverage at an affordable rate.

Cheap car insurance can be purchased both online as well as from independent agents in Redwood Falls, and you need to comparison shop both to have the best rate selection. Some car insurance companies don't offer online price quotes and most of the time these smaller companies sell through independent agents.

We just covered a lot of tips how to save on car insurance. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may be surprised to find that the lowest premiums are with a company that doesn't do a lot of advertising. Some small companies may have significantly lower rates on certain market segments compared to the large companies like .