Proven Ways to Save on Round Lake Auto Insurance

Scraping up a payment for overpriced auto insurance can dwindle your bank account and force you to make sacrifices. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you're not throwing money away.

Companies like State Farm, Allstate, GEICO and Progressive all promote huge savings with fancy advertisements and it can be hard to sift through the bull and effectively compare rates to find the best deal.

It's important to get comparison quotes yearly since insurance rates are constantly changing. If you had the best rates a few years ago you may be paying too much now. There is a lot of bad advice regarding auto insurance on the internet, so we're going to give you some great ways to slash your auto insurance rates.

If you have car insurance now, you will most likely be able to reduce your rates substantially using these methods. Buying car insurance in Round Lake is easy if you know what you're doing. But Minnesota vehicle owners do need to know how insurance companies determine prices.

Where Can I Get Cheap Round Lake Auto Insurance?

There are several ways to compare rate quotes from local Round Lake auto insurance companies. The recommended way to compare insurance prices is simply to get online rate quotes. This can be accomplished using a couple different methods.

The first (and easiest) way consumers can analyze rates is to use a rate comparison form (click to open form in new window). This easy form saves time by eliminating separate quotes for every auto insurance company. A single, simple form will return price quotes instantly.

A harder way to get quotes online consists of visiting the website for each individual company to complete a price quote. For sake of this example, let's say you want comparison quotes from , and . To get rate quotes you would need to spend time on each company's site to enter your coverage information, which is why most consumers use the first method. To view a list of companies in Round Lake, click here.

It's your choice how you get your quotes, but make sure you use exactly the same deductibles and coverage limits for every company. If you enter different values for each quote it will be impossible to decipher which rate is best in Round Lake. Quoting even small variations in insurance coverages could mean much higher rates. And when comparing auto insurance rates, know that having more price comparisons will increase your chances of finding better pricing.

Understand what determines the rate you pay

It's important that you understand the different types of things that come into play when calculating auto insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that can help you get lower auto insurance prices.

Clean credit earns discounts - Your credit rating is a large factor in determining what you pay for auto insurance. Consumers who have high credit ratings tend to be less risk to insure than drivers who have lower credit ratings. So if your credit can use some improvement, you could be paying less to insure your by improving your credit score.
The more you drive the more you pay - The more you drive in a year's time the higher your rates will be. The majority of insurers price each vehicle's coverage based on how the vehicle is used. Cars and trucks left parked in the garage get more affordable rates than those used for commuting. Make sure your auto insurance policy is rated on the correct driver usage.
An active claims history can cost you - Insurance companies in Minnesota award cheaper rates to people who do not rely on their insurance for small claims. If you tend to file frequent claims, you can definitely plan on higher rates. Auto insurance is intended to be relied upon for the bigger claims that can't be paid out-of-pocket.
No coverage gaps is important - Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your coverage lapse. Not only will you pay more, failure to provide proof of insurance will get you a revoked license or a big fine.
Don't buy coverages you don't need - There are a lot of add-on coverages you can purchase if you aren't careful. Insurance for roadside assistance, better glass coverage and membership fees may be costing you every month. They may seem like a good idea at first, but your needs may have changed so eliminate the coverages to reduce your premium.

Save big with these discounts

Car insurance is not cheap, but companies offer discounts to help offset the cost. Some discounts apply automatically at quote time, but some may not be applied and must be manually applied in order for you to get them.

Anti-lock Brake System - Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.
New Vehicle Savings - Adding a new car to your policy can save up to 30% since new cars are generally safer.
Drivers Ed for Students - Require your teen driver to take driver's ed class in high school.
Seat Belts Save - Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off your medical payments premium.
Low Mileage - Keeping the miles down could qualify for discounted rates on garaged vehicles.
Accident Waiver - A handful of insurance companies permit an accident without raising rates if you are claim-free prior to the accident.
Good Student Discount - Getting good grades can get you a discount of up to 25%. The good student discount can last up to age 25.
Club Memberships - Affiliation with a civic or occupational organization is a good way to get lower rates on your policy.
Government Employees - Simply working for the federal government can save as much as 8% with certain companies.
Military Discounts - Being on active duty in the military can result in better rates.

Drivers should understand that most discounts do not apply to your bottom line cost. Most only cut the cost of specific coverages such as comprehensive or collision. So even though they make it sound like it's possible to get free car insurance, companies wouldn't make money that way. But all discounts will reduce your overall premium however.

For a list of providers with the best auto insurance discounts in Round Lake, click here to view.

But I don't know anything about car insurance

When it comes to choosing coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone's needs are different so your insurance should reflect that These are some specific questions can help discover if your situation may require specific advice.

Can I get a multi-policy discount for packaging my home and auto coverage?
Who is covered when they drive my vehicle?
Is my cargo covered for damage or theft?
Why am I be forced to buy a membership to get insurance from some companies?
Is my vehicle covered for flood damage?
Does my policy cover me when driving someone else's vehicle?
Why am I required to buy high-risk coverage?

If you're not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Much more information about auto insurance in Minnesota can be read on the website for the Minnesota Department of Commerce through this link. Minnesota drivers can find out industry alerts, file complaints about an insurance agent or broker, download brochures, and find a variety of consumer forms.

Do the work, save more money

When shopping online for auto insurance, it's not a good idea to reduce needed coverages to save money. Too many times, consumers will sacrifice collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Budget-conscious auto insurance is possible on the web in addition to many Round Lake insurance agents, and you should be comparing both in order to have the best chance of saving money. Some auto insurance companies do not provide online quoting and many times these small insurance companies only sell through independent insurance agents.