Car Insurance in Grand Forks - 7 Ways to Save Money

Having to pay for overpriced car insurance can drain your personal savings and make it impossible to make ends meet. Comparing price quotes is a smart way to lower your monthly bill.

With consumers having so many choices of insurance companies, it can be impossible to pick the most affordable company.

It's important to price shop coverage yearly since rates are constantly changing. Even if you got the best deal a couple years back the chances are good that you can find a lower rate today. Starting right now, ignore everything you know about car insurance because we're going to show you the only way to lower your annual insurance bill.

Finding the best rates in Grand Forks is quite easy. Just about anyone who has to buy car insurance stands a good chance to be able to save money. Nevertheless, North Dakota car owners do need to know how the larger insurance companies price insurance differently and take advantage of how the system works.

These seven discounts can lower your rates

Companies don't list every available discount very well, so here is a list some of the more common and also the lesser-known car insurance savings.

Good Student Discount - A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
Discount for Life Insurance - Larger companies have a break if you buy auto and life insurance together.
Multi-policy Discount - When you combine your home and auto insurance with one insurance company you could get a discount of approximately 10% to 15%.
Anti-lock Brake Discount - Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
Theft Prevention System - Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
Payment Method - If you pay your bill all at once instead of paying each month you could save 5% or more.
Multiple Vehicles - Buying coverage for multiple vehicles on the same car insurance policy can get a discount on all vehicles.

Consumers should know that most credits do not apply to your bottom line cost. Some only apply to specific coverage prices like medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, companies don't profit that way.

To see a list of providers who offer car insurance discounts in North Dakota, follow this link.

How to Get Cheap Car Insurance in Grand Forks, ND

Most companies quote coverage price quotes on the web. Getting quotes doesn't take a lot of time as you simply enter your required coverages as detailed in the form. Once you submit the form, their rating system will obtain your credit score and driving record and returns pricing information based on these and other factors. This makes it a lot easier to compare rates but the time it takes to visit multiple sites and type in the same information can get tiresome after awhile. But it's very important to have as many quotes as possible if you are searching for better car insurance pricing.

There is an easier way!

The preferred way to compare car insurance pricing is to use a quote form that analyzes rates from multiple companies. The form is fast, reduces the work, and makes price shopping online much more efficient. Immediately after you send the form, it is quoted and you can select any or none of the price quotes you receive. If you find a better price you simply finish the application and buy the policy. It takes just a few minutes to complete and may result in a nice savings.

To find out what other companies charge, click here to open in new window and begin entering your coverage information. If you have a policy now, it's recommended you complete the form with the limits and deductibles identical to your current policy. This makes sure you will get a rate comparison based on the exact same insurance coverage.

Different people need different coverages

When choosing proper insurance coverage for your personal vehicles, there really is no "perfect" insurance plan. Every situation is different and a cookie cutter policy won't apply. For instance, these questions can help discover whether you will benefit from professional help.

Should I buy only the required North Dakota minimum liability coverage?
When does my teenage driver need to be added to my policy?
What is the difference between comprehensive and collision coverage?
Can I get a multi-policy discount for packaging my home and auto coverage?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Do I have any recourse if my insurance company denies a claim?
Am I covered if I wreck a rental car?

If you don't know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

Are you falling for claims of savings?

Companies like State Farm and Allstate continually stream ads on television and other media. All the ads say the same thing of big savings after switching your policy. But how can every company make the same claim? It's all in the numbers.

All the different companies have a preferred profile for the right customer that is profitable for them. An example of a preferred risk could be between the ages of 40 and 55, has no prior claims, and drives less than 10,000 miles a year. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably save a lot of money.

Potential customers who are not a match for this ideal profile will be charged higher prices which usually ends up with business going elsewhere. The ad wording is "customers who switch" not "everybody who quotes" save that kind of money. This is how insurance companies can confidently advertise the way they do. That is why drivers must get a wide range of price quotes. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

The best insurance company isn't always the cheapest

You just learned a lot of tips how to compare car insurance prices online. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. Consumers may even find the lowest priced car insurance comes from some of the smallest insurance companies. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as .

As you go through the steps to switch your coverage, do not reduce coverage to reduce premium. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. Your goal should be to get the best coverage possible at the best price, not the least amount of coverage.

Learn more about car insurance in North Dakota

More tips and info about car insurance is available at the North Dakota Insurance Department website. Consumers can file complaints about a company, view agent and company licensing information, find out industry alerts, and view a list of available companies.

Additional helpful sites include III.org's auto insurance page and this directory of insurance agents in Grand Forks North Dakota.