Buy Coon Rapids, MN Auto Insurance Like a Penny-pincher

Expensive auto insurance can dwindle your personal savings and put a big crunch on your finances. Comparison shopping is free, only takes a few minutes, and is a good way to lower your monthly bill.

Online insurance companies like State Farm, Allstate, GEICO and Progressive all claim big savings with ads and it is difficult to ignore the flashy ads and take the time to shop coverage around.

It’s a great practice to take a look at other company’s rates yearly because rates fluctuate regularly. Just because you found the best deal a few years ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because we’re going to demonstrate the only way to buy cheaper auto insurance.

Fast and Easy Coon Rapids Auto Insurance Quotes

Comparing auto insurance rates can take hours if you aren’t aware of the fastest way to get free quotes. You can spend countless hours discussing policy coverages with local insurance agents in Coon Rapids, or you can stay home and use online quotes to get prices fast.

Most major companies take part in a program where prospective buyers send in one quote, and at least one company returns a competitive quote. This saves time by eliminating repetitive form submissions to each company.

To compare rates using this form now click here (opens in new window).

The only drawback to doing it this way is you don’t know exactly which providers you will receive quotes from. So if you want to choose individual companies to compare rates, we have assembled a list of companies who write auto insurance in Minnesota. Click here for list of insurance companies in Minnesota.

It’s your choice how you get your quotes, but double check that you are using identical information for every company. If your comparisons have different values for each quote you can’t possibly determine which rate is truly the best in Coon Rapids. Just a small difference in insurance coverages may cause a big price difference. And when comparison shopping, quoting more helps you find a lower rate. car insurance image

Are you getting all your discounts?

Insuring your fleet can be pricey, but you can get discounts that can drop the cost substantially. Certain discounts will be applied when you quote, but a few need to be manually applied in order for you to get them.

55 and Retired – Mature drivers may be able to get a discount up to 10%.
Paperwork-free – Certain companies may give you up to $50 just for signing your application on their website.
Military Discounts – Being deployed with a military unit may qualify for rate reductions.
Government Employees – Simply working for the federal government could cut as much as 10% off with certain companies.
More Vehicles More Savings – Insuring multiple cars or trucks on one policy may reduce the rate for each vehicle.

A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. Most cut individual premiums such as collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky. But all discounts will help reduce your premiums.

For a list of insurers with the best auto insurance discounts in Minnesota, click this link.

Tailor your coverage to you

When buying the best auto insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Each situation is unique and your policy should reflect that. For example, these questions may help highlight whether your personal situation would benefit from an agent’s advice.

What are Minnesota no-fault laws?
What is the difference between comprehensive and collision coverage?
Why am I required to buy high-risk coverage?
Why is insurance for a teen driver so high in Coon Rapids?
Who is covered by my policy?
Should I buy additional glass protection?
Should I have combined single limit or split liability limits?
Do I need higher deductibles?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Good Decisions Result in Lower Rates

Smart consumers have a good feel for some of the elements that go into determining auto insurance rates. Understanding what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

A clean driving record saves money – Whether or not you get tickets impacts your car insurance rates tremendously. Only having one speeding ticket may increase your cost by twenty percent. Drivers with clean records get better rates compared to drivers with tickets. Drivers with flagrant tickets such as hit and run, DWI or reckless driving convictions are required to submit a SR-22 form with their state DMV in order to keep their license.
Rates may be lower depending on your job – Did you know your job can affect your rates? Jobs such as real estate brokers, business owners and dentists tend to pay the highest average rates attributed to job stress and lengthy work days. Other professions such as scientists, historians and performers have the lowest average rates.
More than one policy can earn a discount – Many insurers will give a discount to people 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 compare rates to make sure you are getting the best deal. You may still find better rates by buying auto insurance from a different company.
Marriage pays dividends – Getting married can actually save you money when buying auto insurance. It translates into being more mature than a single person and statistics show married couples file fewer claims.

Can you really save $393 a year?

Companies like State Farm, Allstate and GEICO regularly use ads on television and other media. All the ads make an identical promise that you’ll save big if you move your policy. How do they all claim to save you money?

Different companies can use profiling for the type of driver that is profitable for them. A good example of a preferred risk might be profiled as over the age of 40, insures multiple vehicles, and has a short commute. A propective insured who fits that profile will get the preferred rates and therefore will save a lot of money.

Drivers who don’t meet the “perfect” profile will be quoted a higher premium which usually ends up with business not being written. The ads say “people who switch” not “everybody who quotes” save that much. That’s the way insurance companies can claim big savings.

This emphasizes why it’s extremely important to get quotes from several different companies. It’s just too difficult to predict which insurance companies will fit your personal profile best.

Affordable insurance is out there

As you prepare to switch companies, never skimp on critical coverages to save a buck or two. In many cases, an accident victim reduced physical damage coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible for the lowest price, not the least amount of coverage.

Lower-priced auto insurance is attainable on the web and with local Coon Rapids insurance agents, so you should compare both to have the best selection. Some insurance companies do not offer online quoting and many times these smaller companies only sell through independent insurance agents.

Online resources for education

Additional information can be found on the website for the Minnesota Department of Commerce. Click here for link. Consumers can read enforcement actions against agents and companies, read state legal mandates and laws, download brochures, and find out which companies have the most complaints.