Car Insurance in Walker - 7 Discounts You Might be Missing
Did you fall for a flashy sales pitch and buy overpriced car insurance? Believe me when I say there are many Walker consumers feeling the pinch from expensive car insurance.
You have multiple to pick from, and even though it's nice to have a choice, having more makes it harder to compare rates.
It's important to do rate comparisons every six months since rates are constantly changing. Even if you got the best deal on your last policy you may be paying too much now. So block out anything you think you know about car insurance because we're going to show you the proper way to remove unneeded coverages and save money.
Buying affordable coverage in Walker is simple if you know the tricks. Essentially every driver who has to buy car insurance stands a good chance to be able to reduce their rates. Nevertheless, Minnesota consumers do need to know the way insurance companies price online insurance and take advantage of how the system works.
How to Compare Car Insurance in Walker, Minnesota
Most major insurance companies like GEICO, State Farm and Progressive quote pricing online. Getting quotes is pretty easy as you just type in the coverages you want into the quote form. Behind the scenes, the system will obtain credit information and your driving record and returns a price quote based on many factors. This makes comparing rates easy, but the process of having to visit many different websites and enter the same data into a form can be a bit repetitive. Unfortunately, it is important to get many rate quotes if you are searching for a lower rate.
There is an easier way!
A less time-consuming method to lower your rates is to use a quote form that obtains quotes from several different companies. It's a real time-saver, eliminates form submissions, and makes online quotes much more enjoyable. After sending your information, it is quoted and you can choose any one of the returned quotes.
If the quotes result in lower rates, you can click and sign and buy the new coverage. It only takes a few minutes and can result in significant savings.
To find out how much you're overpaying now, click here and input your coverage information. If you have a policy now, it's recommended you input the insurance coverages exactly as they are listed on your policy. This way, you will have rate quotes based on similar coverages.
More discounts equal less premium
The price of auto insurance can be rather high, but you may find discounts that many people don't even know exist. Larger premium reductions will be automatically applied when you quote, but some must be inquired about prior to getting the savings.
- Life Insurance - Larger companies have a discount if you purchase a life insurance policy as well.
- Multi-car Discount - Having more than one vehicle on one policy could earn a price break for each car.
- Anti-lock Brake System - Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
- Bundle and Save - When you have multiple policies with the same insurance company you may save up to 20% off your total premium.
- Payment Discounts - If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
- No Charge for an Accident - Certain companies permit an accident without raising rates as long as you don't have any claims prior to the accident.
- Discount for Good Grades - Getting good grades can get you a discount of up to 25%. The discount lasts until age 25.
It's important to understand that most discount credits are not given to all coverage premiums. Most only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, it doesn't quite work that way. Any qualifying discounts will bring down your premiums.
For a list of companies offering car insurance discounts in Minnesota, click here to view.
Additional car insurance information is available on the website for the Minnesota Department of Commerce through this link. Visitors are able to file complaints about an insurance agent or broker, report car insurance fraud, find out industry alerts, and view agent and company licensing information.
Other useful links include Auto Insurance 101 and this page where you can research Walker insurance agents.
Affordable insurance is out there
When you buy insurance online, make sure you don't reduce needed coverages to save money. In many instances, someone sacrificed liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. The ultimate goal is to buy a smart amount of coverage at an affordable rate.
Low-cost car insurance can be found both online and with local Walker insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who do not offer online quoting and most of the time these smaller companies sell through independent agents.
