Top Ways to Save on Royalton Auto Insurance

Paying for high-priced auto insurance can drain your savings account and force you to make sacrifices. Comparison shopping is a smart way to tighten up your finances.

Because there are so many options when it comes to auto insurance, it can be impossible to pick the lowest price insurance company.

It's important to compare prices on a regular basis because insurance rates are constantly changing. Even if you think you had the best price last year the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you're about to learn how to quote online to reduce your cost while improving coverage.

Are you getting all your discounts?

Companies that sell car insurance don't always advertise all their discounts very well, so we took the time to find both well-publicized as well as the least known auto insurance savings.

College Student - Children who attend school more than 100 miles from home and don't have a car can be insured at a reduced rate.
Sign Online - A handful of insurance companies will discount your bill up to fifty bucks for buying your policy online.
Safety Course Discount - Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
Theft Prevention System - Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
Drive Less and Save - Low mileage vehicles can earn lower rates on the low mileage vehicles.
Accident Waiver - Some insurance companies will forgive one accident before raising your premiums as long as you don't have any claims for a particular time prior to the accident.

A little note about advertised discounts, most credits do not apply to all coverage premiums. Most only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, you won't be that lucky.

To see a list of companies with discount auto insurance rates in Minnesota, follow this link.

Which Auto Insurance is Cheapest in Royalton, Minnesota?

Most companies provide coverage prices on the web. Getting online rates is quite simple as you just type in the coverages you want as detailed in the form. Once you submit the form, the company's rating system will obtain your credit score and driving record and returns a price quote. This helps simplify price comparisons, but the time required to go to different websites and complete many quote forms is monotonous and tiresome. But it's very important to do this if you want to find the best price on auto insurance.

The preferred way to find lower prices uses one simple form that gets price quotes from multiple companies. The form is fast, reduces the work, and makes rate comparisons much more enjoyable. After sending your information, it gets priced with multiple companies and you can pick any or none of the price quotes you receive. If a lower price is quoted, you can simply submit the application and buy the policy. The whole process takes 15 minutes at the most and you will find out if you're overpaying now.

To save time and find out if lower rates are available, click here to open in new window and begin entering your coverage information. If you currently have coverage, we recommend you complete the form with the limits and deductibles as close as possible to your current policy. This makes sure you will have an apples-to-apples comparison based on the exact same insurance coverage.

Good Decisions Result in Lower Rates

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively impacts premium levels enables informed choices that may reward you with big savings.

Shown below are a few of the "ingredients" auto insurance companies consider when setting rates.

Mature drivers pay less - Teen drivers in Minnesota have a tendency to be more careless when driving so auto insurance rates are higher. If you've ever had to add a youthful driver to your auto insurance policy can be quite pricey. More mature drivers are viewed as being more responsible, file fewer claims and get fewer tickets.
Your spouse saves you money - Having a spouse helps lower the price when buying auto insurance. It means you're more responsible and it's proven that married drivers get in fewer accidents.
Extra coverages can waste money - There are quite a few add-on coverages that you can buy on your auto insurance policy. Things like rental car reimbursement, towing coverage and term life insurance are examples of these. These may sound like a good investment when you first buy your policy, but if they're wasting money remove them from your policy.
Bundling policies can get discounts - Some companies will give a discount to customers who consolidate policies with them, otherwise known as a multi-policy discount. Even if you're getting this discount you still need to compare rates to ensure the best deal.
Where you live can impact rates - Residing in less populated areas can be a good thing when insuring your vehicles. City drivers have much more traffic and longer commute times. Less people living in that area translates into fewer accidents.
Your car's features help determine rates - Purchasing a vehicle with an alarm system can help lower your rates. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm consistently run ads on television and other media. They all seem to say the same thing about savings if you change to their company. But how can every company make almost identical claims?

All the different companies have a preferred profile for the driver that is profitable for them. For example, a desirable insured could possibly be over the age of 40, insures multiple vehicles, and has great credit. A driver who fits that profile is entitled to the best price and as a result will probably save a lot of money.

Potential customers who are not a match for this ideal profile will have to pay higher prices which usually ends up with the driver buying from a lower-cost company. Company advertisements say "customers that switch" not "everybody who quotes" save that much. This is how companies can truthfully advertise the savings. Because of the profiling, drivers must get quotes from several different companies. It is impossible to predict which insurance companies will give you the biggest savings.

Final considerations

As you prepare to switch companies, do not reduce coverage to reduce premium. There are many occasions where drivers have reduced physical damage coverage only to discover later that the small savings ended up costing them much more. Your aim should be to buy enough coverage at a price you can afford.

Cheaper auto insurance is attainable online and also from your neighborhood Royalton agents, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

For more Minnesota auto insurance information

Even more information can be found at the Minnesota Department of Commerce website. Minnesota consumers can read enforcement actions against agents and companies, get help finding coverage, discover disciplinary actions, and read consumer alerts.

Additional helpful sites include this Car Insurance FAQ and this page of insurance agents in Royalton.