Top 8 Ways You Can Buy Car Insurance for Less in St Cloud

Expensive car insurance can dwindle your bank account and put a big crunch on your finances. Shopping your coverage around is a great way to lower your monthly bill.

Lots of contend for your insurance dollar, and because of this it can be hard to compare to get the lowest price

Save big with these eight discounts

Car insurance companies don't always advertise all available discounts in an easy-to-find place, so the following is a list of both the well known and also the lesser-known discounts you could be receiving.

  • Fewer Miles Equal More Savings - Fewer annual miles could qualify for a substantially lower rate.
  • Paperless Signup - Some insurance companies may give you up to $50 just for signing your application on their website.
  • Multiple Vehicles - Insuring multiple vehicles on the same car insurance policy can get a discount on all vehicles.
  • Payment Method - By paying your policy upfront instead of paying each month you could save 5% or more.
  • Memberships - Being a member of certain professional organizations may earn a discount when buying car insurance.
  • Accident Waiver - A few companies allow you one accident before raising your premiums so long as you haven't had any claims for a certain period of time.
  • Anti-lock Brakes - Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
  • Early Switch Discount - Some companies give discounts for buying a policy before your current expiration date. It's a savings of about 10%.

It's important to note that some credits don't apply to all coverage premiums. Some only reduce specific coverage prices like liability and collision coverage. Just because you may think you would end up receiving a 100% discount, you're out of luck.

To see a list of insurers who offer car insurance discounts in St Cloud, click here.

car insurance in St Cloud

How to Lower Your Car Insurance Cost in St Cloud, Wisconsin

There are several ways to get quotes from local St Cloud car insurance companies. The best method to find the lowest rates involves getting comparison quotes online. This can be done in several different ways.

  • The best way consumers can make multiple comparisons is to use a rate comparison form (click to open form in new window). This type of form saves time by eliminating boring form submissions for each company. One form submission gets you price quotes from all major companies.
  • A more time consuming way to get quotes online requires visiting the website for every company you want to comare to complete a price quote. For example, let's say you want comparison quotes from , and . You would have to visit each site and enter your policy data, which is why the first method is quicker.

    To view a list of companies in St Cloud, click here.

Whichever method you choose, ensure you are comparing the exact same quote information for every company. If you have mixed coverages then you won't be able to decipher which rate is best in St Cloud. Slightly different limits may result in large price differences. Just remember that comparing more company's prices will enable you to find the best offered rates.

Car insurance ads bend the truth

21st Century, Allstate and State Farm continually stream ads on TV and radio. All the companies have a common claim that you can save after switching your policy. How do they all claim to save you money? It's all in the numbers.

Different companies have a preferred profile for the right customer that is profitable for them. A good example of a profitable customer might be over the age of 40, insures multiple vehicles, and has a high credit rating. Any new insured that hits that "sweet spot" will get very good rates and most likely will cut their rates substantially.

Potential insureds who fall outside the "perfect" profile must pay more money and this can result in the customer not buying. The ads say "customers who switch" not "people who quote" save that kind of money. This is how insurance companies can state the savings. This illustrates why drivers must compare as many rates as you can. It's just too difficult to predict which insurance companies will have the lowest rates.

The best insurance company isn't always the cheapest

Lower-priced car insurance can be sourced both online in addition to many St Cloud insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies do not provide the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

As you restructure your insurance plan, never reduce coverage to reduce premium. There are a lot of situations where drivers have reduced full coverage and found out when filing a claim that they should have had better coverage. The proper strategy is to find the BEST coverage at the best price while not skimping on critical coverages.

We just covered a lot of ways to compare car insurance prices online. The most important thing to understand is the more companies you get rates for, the higher the chance of saving money. Drivers may discover the lowest premiums are with some of the smallest insurance companies. These smaller insurers often have lower prices on specific markets than their larger competitors like .

Additional detailed information can be read at the Wisconsin Office of the Commissioner of Insurance website. Visitors are able to discover disciplinary actions, get help finding coverage, report car insurance fraud, and view a list of available companies.