Easy Ways to Pay Less on Spring Park Auto Insurance

Are you intimidated by the wide range of auto insurance options in Spring Park? You have a lot of company. Drivers have so many choices that it can turn into a big hassle to find the lowest price.

It's important to get comparison quotes every six months because insurance rates are constantly changing. Just because you found the best rates two years ago the chances are good that you can find a lower rate today. Don't believe everything you read about auto insurance online but we're going to give you some great ways to save money.

This article will help educate you on the most effective way to quote insurance and some tips to save money. If you have car insurance now, you should be able to reduce your rates substantially using this information. Minnesota vehicle owners just need to know the most effective way to compare prices over the internet.

How much can you save with discounts?

Car insurance can cost a lot, but companies offer discounts that you may not know about. Larger premium reductions will be automatically applied when you quote, but some may not be applied and must be specially asked for prior to getting the savings. If you're not getting every credit possible, you're paying more than you need to.

Discount for Good Grades - A discount for being a good student can get you a discount of up to 25%. The good student discount can last well after school through age 25.
Multiple Vehicles - Buying insurance for multiple vehicles on the same auto insurance policy can get a discount on all vehicles.
No Charge for an Accident - Certain companies allow you one accident before raising your premiums if you are claim-free prior to the accident.
Auto/Life Discount - Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
Military Discounts - Having a family member in the military may qualify for rate reductions.
Federal Government Employee - Being employed by or retired from a federal job can save as much as 8% with certain companies.
Early Switch Discount - Some companies give discounts for switching policies before your current expiration date. It's a savings of about 10%.
Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
Save over 55 - Mature drivers may be able to get a discount up to 10%.

Consumers should know that many deductions do not apply to all coverage premiums. A few only apply to specific coverage prices like medical payments or collision. Just because you may think you can get free auto insurance, companies don't profit that way. But all discounts will bring down the amount you have to pay.

To see a list of providers who offer auto insurance discounts in Minnesota, click this link.

Comprehensive Spring Park Auto Insurance Comparison

There are several ways to compare auto insurance prices and some are easier and takes less work. You can waste a lot of time talking about coverages with insurance agencies in Spring Park, or you could use the web to get prices fast.

Many insurance companies participate in a marketplace that allows shoppers to send in one quote, and each company can provide price quotes determined by their information. This system prevents you from having to do quote requests for each company you want a rate for.

To submit your quote information now, click to open in new window.

The one disadvantage to comparing rates this way is you are unable to specify which carriers you will receive quotes from. If you prefer to choose specific providers to compare rates, we have a page of companies who write auto insurance in Minnesota. Click to view list.

It doesn't matter which method you choose, just ensure you are comparing identical quote information on every quote you get. If your comparisons have mixed coverages then you won't be able to determine which rate is truly the best in Spring Park.

Understand what determines the rate you pay

An important part of buying insurance is that you know the rating factors that help determine the price you pay for auto insurance. Knowing what controls the rates you pay helps enable you to make changes that can help you get lower auto insurance prices.

The following are some of the items that factor into your rates.

Traffic violations increase rates - Your driving record has a lot to do with how much you pay for insurance. Even a single ticket may increase your cost forty percent or more. Drivers with clean records get better rates compared to drivers with tickets. Drivers who get flagrant violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
Liability coverage is peace of mind - Liability coverage provides coverage in the event that a court rules you are at fault for damages caused by your negligence. It provides you with a defense in court starting from day one. Liability is cheap when compared with rates for comp and collision, so drivers should carry high limits.
Being married can save on auto insurance - Getting married can get you a discount on your auto insurance policy. Marriage usually means you are more mature than a single person and statistics show being married results in fewer claims.
Where do you drive? - Driving more miles in a year the higher your rates will be. The majority of insurers apply a rate based on how the vehicle is used. Autos left parked in the garage get more affordable rates compared to those used for work or business. Make sure your auto insurance coverage shows the proper vehicle usage.
Safer occupants lowers premiums - Cars with high safety ratings tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates means lower claim amounts and thus lower rates.
Too many auto insurance claims drive up costs - Insurance companies in Minnesota give lower rates to people who do not rely on their insurance for small claims. If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance is designed for the large, substantial claims.

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

Minnesota consumers can't get away from ads that promise big savings from companies such as State Farm and Allstate. All the ads make the same claim that you'll save big after switching your policy.

How does each company make almost identical claims? It's all in the numbers.

All companies are able to cherry pick for the right customer that is profitable for them. A good example of a preferred risk could possibly be a mature driver, has no driving citations, and chooses high deductibles. A driver who matches those parameters receives the best rates and is almost guaranteed to save when switching.

Potential customers who don't meet these standards will be charged a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say "customers who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can state the savings.

That is why drivers must get quotes from several different companies. It is impossible to predict which auto insurance company will give you the biggest savings.

In the end, you save

In this article, we presented many ideas to compare auto insurance prices online. The most important thing to understand is the more you quote, the higher the chance of saving money. Consumers could even find that the best price on auto insurance is with some of the smallest insurance companies.

Discount auto insurance can be sourced online in addition to many Spring Park insurance agents, and you need to price shop both to have the best rate selection. Some insurance companies do not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

When buying insurance coverage, make sure you don't reduce coverage to reduce premium. There have been many cases where someone sacrificed full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage at the best price, not the least amount of coverage.

Much more information about auto insurance in Minnesota can be read on the Minnesota Department of Commerce website found here. Minnesota consumers can file complaints about a company, find out which companies have the most complaints, and get help finding coverage.

Additional helpful sites include NAIC.org's Understanding your Policy and this directory of insurance agents in Spring Park Minnesota.