Tightwads Guide for Saving on Two Harbors Car Insurance

Are you tired of scraping the payment together each month for car insurance? You are in the same boat as most other car owners in Minnesota. Big companies like State Farm, Allstate, GEICO and Progressive continually bombard you with TV and radio ads and it is challenging if not impossible to sift through the bull and find the best price available.

If you are insured now or are shopping for new coverage, you can learn to find better prices while maintaining coverages. Choosing the best insurance company for you in Two Harbors is quite easy. Minnesota drivers only need an understanding of the proper way to shop their coverage around online.

More discounts equal less premium

Companies offering auto insurance don't list all available discounts in a way that's easy to find, so here is a list both the well known as well as the least known discounts you could be receiving. If you aren't receiving every discount available, you are throwing money away.

  • Clubs and Organizations - Being a member of a civic or occupational organization may earn a discount when buying car insurance.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to enroll in driver's education in high school.
  • Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Save with a New Car - Putting insurance coverage on a new car is cheaper compared to insuring an older model.
  • Passive Restraint Discount - Vehicles equipped with air bags can qualify for discounts of up to 25% or more.
  • Fewer Miles Equal More Savings - Keeping the miles down can qualify you for a substantially lower rate.
  • Paperless Signup - Some insurance companies may give you up to $50 simply for signing digitally online.

It's important to understand that some credits don't apply to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. So even though it sounds like you could get a free car insurance policy, it doesn't quite work that way.

Switch companies and save? Really?

Consumers in Minnesota get pounded daily by advertisements for the lowest price auto insurance by Allstate, GEICO and Progressive. All the companies have a common claim of big savings if you move to their company.

How can each company claim to save you money?

Different companies can use profiling for the driver that earns them a profit. An example of a profitable customer might be between 25 and 40, has no tickets, and has great credit. Any driver that hits that "sweet spot" will get very good rates and therefore will save when they switch companies.

Consumers who do not match the requirements must pay higher prices and this can result in the customer not buying. The ads say "customers that switch" not "everyone that quotes" save that much. That's why insurance companies can confidently advertise the savings. This illustrates why you should get as many quotes as possible. You cannot predict the company that will fit your personal profile best.

More tips and info about car insurance is available at the Minnesota Department of Commerce website. Visitors are able to find out which companies have the most complaints, download brochures, view a list of available companies, and read enforcement actions against agents and companies.

compare Two Harbors car insurance rates

In the end, you save

Low-cost car insurance is possible both online and also from your neighborhood Two Harbors agents, so you should compare both in order to have the best price selection to choose from. There are still a few companies who may not provide you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

When you buy insurance online, it's not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, an insured dropped comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.