Consumer Tested Strategies to Save on Waite Park Car Insurance

Expensive car insurance can overdraw your personal savings, especially in this economy. Comparison shopping is a smart way to make sure you're not throwing money away. You have multiple to pick from, and though it is a good thing to have multiple companies, having more makes it harder to compare rates.

Be sure to get all your discounts

Companies don't list all available discounts very clearly, so the following is a list of some of the more common and the more hidden car insurance savings. If you're not getting every credit you deserve, you are throwing money away.

  • Defensive Driver - Taking part in a driver safety course could cut 5% off your bill if you qualify.
  • Auto/Home Discount - If you have multiple policies with one company you could get a discount of approximately 10% to 15%.
  • Good Student Discount - Performing well in school can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • Early Signing - A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.
  • Own a Home - Owning a home in Waite Park may trigger a car insurance policy discount because owning a home demonstrates responsibility.
  • Multi-car Discount - Buying insurance for more than one vehicle on one policy could earn a price break for each car.

As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because it seems like all those discounts means the company will pay you, car insurance companies aren't that generous.

car insurance in Waite Park

How do I know if I need professional advice?

When it comes to buying coverage for your personal vehicles, there isn't really a best way to insure your cars. Everyone's needs are different so your insurance needs to address that. For example, these questions can help discover whether or not you would benefit from an agent's advice.

  • Should I rate my vehicle as pleasure use or commute?
  • What are the best liability limits?
  • Should I buy only the required Minnesota minimum liability coverage?
  • Does my car insurance cover rental cars?
  • Do I need to file an SR-22 for a DUI in Minnesota?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I have any recourse if my insurance company denies a claim?

If you don't know the answers to these questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It's fast, doesn't cost anything and can provide invaluable advice.

Is there truth in advertising?

Consumers get pounded daily by advertisements for car insurance savings by companies like 21st Century, Allstate and State Farm. All the companies say the same thing about savings if you switch to them.

How does each company make the same claim?

All the different companies have a preferred profile for the type of driver that earns them a profit. A good example of a profitable customer could be between 25 and 40, has no prior claims, and drives less than 10,000 miles a year. A customer who fits that profile is entitled to the best price and is almost guaranteed to save when switching.

Drivers who don't measure up to these standards must pay a higher premium which usually ends up with business going elsewhere. Company advertisements say "people who switch" but not "drivers who get quotes" save money. This is how companies can truthfully advertise the way they do. This illustrates why you should get a wide range of price quotes. Because you never know which insurance companies will provide you with the cheapest rates.

Learn more about car insurance in Minnesota

Even more information can be read at the Minnesota Department of Commerce website. Consumers can discover disciplinary actions, view agent and company licensing information, file complaints about a company, and find out industry alerts.

Also read more on this resource for Minnesota car insurance prices and this link which helps you find a Waite Park agent.

Minnesota car insurance quotes

In the end, you save

Cheap car insurance is available from both online companies and with local Waite Park insurance agents, so you should compare both to have the best selection. Some car insurance companies do not offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

As you go through the steps to switch your coverage, make sure you don't buy lower coverage limits just to save a few bucks. There are a lot of situations where consumers will sacrifice collision coverage and discovered at claim time that the savings was not a smart move. The proper strategy is to buy enough coverage at an affordable rate while not skimping on critical coverages.

We just showed you many ways to reduce car insurance prices online. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. Consumers may even find the most savings is with an unexpected company. Regional companies may have significantly lower rates on certain market segments compared to the large companies like .