Free Guide to Paying Less for Spicer Auto Insurance Online

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Believe me when I say there are many people just like you. Popular companies such as GEICO and Progressive increase brand awareness with ad campaigns and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.

If you have a current auto insurance policy or are shopping for new coverage, you will benefit by learning to find the best rates and possibly find even better coverage. Finding affordable coverage in Spicer is quite easy. Minnesota drivers only need an understanding of the proper way to compare prices over the internet.

Tips to Get Lower Spicer Rates

Consumers need to have an understanding of the factors that help determine the price you pay for auto insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

The following are some of the items used by your company to calculate prices.

Your auto insurance rates can be influenced by your job - Did you know that where you work can have an impact on rates? Careers like real estate brokers, social workers and dentists have the highest average rates because of job stress and long work days. Other occupations like actors, historians and performers get better rates.
Do you know your deductibles? - The deductibles define the amount you are required to spend before your auto insurance pays a claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. A few examples of covered claims could be running into the backend of another car, damage caused by hail, and burglary. The more expense you have to pay, the less your auto insurance will be.
Men pay higher rates - Statistics demonstrate women are more cautious behind the wheel. However, this does not mean women are BETTER drivers than men. Both sexes have accidents at a similar rate, but the men have costlier accidents. Men also statistically get more serious tickets such as DWI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and are penalized with high auto insurance rates.
Protect your assets with liability insurance - Liability coverage provides coverage when a court rules you are at fault for personal injury or accident damage. It provides you with a defense in court which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so do not skimp.
High credit ratings translate to low rates - Having a bad credit history is a important factor in calculating your auto insurance rates. If your credit history is not that good, you could save money insuring your by improving your credit score. People with high credit scores tend to be more responsible than drivers with lower credit scores.
Do you need the policy add-ons? - There are a ton of extra coverages that can waste your money on your auto insurance policy. Insurance for vanishing deductibles, accident forgiveness and additional equipment coverage are some examples. They may seem good when you first buy your policy, but now you might not need them so eliminate the coverages to reduce your premium.

How much can you save with discounts?

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to cut the cost considerably. Some trigger automatically at the time of quoting, but some may not be applied and must be inquired about before you will receive the discount. If you aren't receiving every discount possible, you are paying more than you should be.

Claim Free - Drivers with accident-free driving histories pay less when compared to accident-prone drivers.
Multiple Vehicles - Buying insurance for multiple vehicles with the same company may reduce the rate for each vehicle.
Save over 55 - If you're over the age of 55, you may be able to get a small decrease in premiums.
Organization Discounts - Participating in a civic or occupational organization may earn a discount when shopping for auto insurance.
Passive Restraint Discount - Cars that have air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
Driver Safety - Successfully completing a course in driver safety could possibly earn you a 5% discount if your company offers it.
Theft Prevention Discount - Vehicles with anti-theft systems help deter theft and will save you 10% or more.
Payment Method - By paying your policy upfront instead of making monthly payments you could save up to 5%.

Consumers should know that some of the credits will not apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will reduce the amount you have to pay.

To choose insurance companies who offer auto insurance discounts in Spicer, click here.

Save 15 percent in 15 minutes? Is it for real?

Minnesota consumers can't ignore all the ads that promise big savings from the likes of Progressive, Allstate and GEICO. They all have a common claim of big savings after switching your coverage to them.

How can each company make almost identical claims?

Insurance companies are able to cherry pick for the type of customer that makes them money. A good example of a driver they prefer could possibly be between 25 and 40, has no driving citations, and has great credit. A customer getting a price quote that hits that "sweet spot" is entitled to the best price and is almost guaranteed to save when they switch companies.

Potential insureds who don't meet the requirements will be quoted more money and this can result in the driver buying from a lower-cost company. The ads state "customers that switch" but not "drivers who get quotes" save that much money. That's the way insurance companies can confidently advertise the savings.

This emphasizes why you should get a wide range of price quotes. It's impossible to know which auto insurance company will fit your personal profile best.

Learn more about Minnesota auto insurance

Additional auto insurance information can be read on the website for the Minnesota Department of Commerce located here. Minnesota consumers can read industry bulletins, report car insurance fraud, learn about insurance regulations, and find out which companies have the most complaints.

In the end, you save

Cost effective auto insurance can be bought online as well as from independent agents in Spicer, so you should compare both to have the best chance of lowering rates. There are still a few companies who don't offer online price quotes and these small insurance companies work with independent agents.

When you buy insurance online, it's a bad idea to buy poor coverage just to save money. There are too many instances where someone sacrificed collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy a smart amount of coverage at a price you can afford while still protecting your assets.