Free Guide to Cutting Costs on Wheaton Car Insurance Online

Nobody cherishes buying car insurance, particularly when their premiums are through the roof. There are many to buy insurance from, and although it's nice to be able to choose, it makes it harder to compare rates.

It's important to check car insurance prices occasionally due to the fact that insurance rates are constantly changing. Just because you found the lowest rates on your last policy you can probably find a better price now. Starting right now, forget anything you know (or think you know) about car insurance because I'm going to teach you the tricks you need to know to save money, get proper coverage and the best rates.

This information will introduce you to how to get online quotes and some money-saving tips. If you currently have a car insurance policy, you will be able to lower your premiums substantially using this strategy. Minnesota drivers only need an understanding of the proper way to shop for car insurance over the internet.

What determines how much you pay?

Consumers need to have an understanding of the factors that help determine the rates you pay for car insurance. Knowing what determines base rates allows you to make educated decisions that may reward you with much lower annual insurance costs.

The following are a few of the "ingredients" companies use to determine rates.

With age comes lower rates - Youthful drivers in Minnesota are known to be more careless behind the wheel so they pay higher car insurance rates. Parents adding a youthful driver to your policy can be very expensive. Older drivers are viewed as being more responsible, statistically cause fewer accidents and get fewer tickets.
More than one policy can earn a discount - Many insurance companies will give a discount to insureds who consolidate policies with them in the form of a multi-policy discount. If you currently are using one company, it's still a good idea to comparison shop to make sure you are getting the best deal.
Being married is a good thing - Having a spouse can get you a discount on car insurance. It is viewed as being more mature and responsible and statistics show married couples file fewer claims.
More performance means more cost - The type of vehicle you own makes a huge difference in how high your rates are. The lowest base rates are for economy passenger cars, but the final cost of insurance is determined by many other factors.

These discounts can lower your rates

The cost of insuring your cars can be expensive, but there are discounts available that you may not know about. Some trigger automatically at the time of purchase, but lesser-known reductions have to be inquired about prior to receiving the credit. If you're not getting every credit you qualify for, you are paying more than you should be.

College Student - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
Theft Prevention Discount - Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10%.
Sign Online - A few companies may give you up to $50 simply for signing over the internet.
Save with a New Car - Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
Passive Restraints - Factory air bags or motorized seat belts may earn rate discounts of up to 25% or more.
Accident Free - Good drivers with no accidents can save substantially as compared to accident-prone drivers.
Driver Safety - Successfully completing a defensive driving course can save you 5% or more if your company offers it.
Payment Method - By paying your policy upfront instead of making monthly payments you can actually save on your bill.

Consumers should know that some of the credits will not apply to your bottom line cost. Most only reduce specific coverage prices like liability, collision or medical payments. So despite the fact that it appears adding up those discounts means a free policy, companies don't profit that way. Any qualifying discounts will bring down the cost of coverage.

To choose companies who offer car insurance discounts in Minnesota, click here.

Are you falling for claims of savings?

Consumers in Minnesota can't ignore all the ads for cheaper car insurance by companies like Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim of big savings after switching to them.

How does each company claim to save you money? It's all in the numbers.

Insurance companies have a certain "appetite" for the type of driver that makes them money. For example, a desirable insured might be between 25 and 40, owns a home, and has great credit. Any driver that hits that "sweet spot" will get the preferred rates and as a result will probably save when switching.

Potential customers who are not a match for these standards will have to pay higher prices and this can result in the customer not buying. The ads state "customers who switch" not "everybody who quotes" save money. That is how insurance companies can confidently advertise the savings.

Because of the profiling, you should get a wide range of price quotes. You cannot predict which company will fit your personal profile best.

Different people need different coverages

When buying adequate coverage for your vehicles, there isn't really a perfect coverage plan. Every situation is different and your policy should reflect that. For instance, these questions might point out whether you would benefit from an agent's advice.

What are Minnesota no-fault laws?
Do I need special endorsements for business use of my vehicle?
Does my liability insurance cover pulling a trailer or camper?
Does medical payments coverage apply to all occupants?
Should I file a claim if it's only slightly more than my deductible?
Does my car insurance cover rental cars?
Should I drop comprehensive coverage on older vehicles?

If you can't answer these questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

For more Minnesota car insurance information

Additional car insurance information can be found on the website for the Minnesota Department of Commerce found here. Visitors are able to read enforcement actions against agents and companies, read consumer alerts, get help finding coverage, and learn about specific coverages.

In the end, you save

When you buy insurance online, never buy poor coverage just to save money. There are many occasions where an insured cut uninsured motorist or liability limits only to regret that the few dollars in savings costed them thousands. Your aim should be to get the best coverage possible at the best price.

Cost effective car insurance can be sourced both online and with local Wheaton insurance agents, so you should compare both so you have a total pricing picture. There are still a few companies who do not offer online price quotes and most of the time these regional insurance providers sell through independent agents.

We just presented a lot of techniques to save on car insurance. The most important thing to understand is the more times you quote, the better likelihood of reducing your rate. You may even discover the most savings is with some of the smallest insurance companies. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as .