Car Insurance in Climax - 9 Discounts You Might be Losing Out On

Having to pay for overpriced car insurance can overdraw your savings account and make it hard to pay other bills. Comparing price quotes is free and is an excellent way to make sure you're not throwing money away. Numerous battle to insure your vehicles, and because of this it can be hard to compare and uncover the absolute lowest rate

It's important to compare prices yearly since rates are constantly changing. Even if you got the best price on your last policy you will most likely find a better rate today. Forget all the misinformation about car insurance because I'm going to let you in on the secrets to the only way to find better coverage at a better price.

If you have insurance now or need new coverage, you can learn to find better prices while maintaining coverages. Finding affordable coverage in Climax is quite easy. Minnesota drivers only need an understanding of the best way to compare rates online.

Policy discounts you shouldn't miss

The price of auto insurance can be rather high, but you can get discounts that many people don't even know exist. Certain discounts will be triggered automatically when you quote, but a few need to be inquired about before you get the savings. If they aren't giving you every credit you deserve, you are throwing money away.

Auto/Life Discount - Larger companies have lower rates if you buy a life insurance policy as well.
Bundle and Save - If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
Defensive Driver - Completing a defensive driving course could cut 5% off your bill if you qualify.
Accident Waiver - A few companies permit an accident before your rates go up as long as you don't have any claims prior to the accident.
Student Driver Training - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
Payment Discounts - If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
Clubs and Organizations - Being a member of certain professional organizations could trigger savings on car insurance.
Drive Less and Save - Driving fewer miles can earn better rates on cars that stay parked.

Consumers should know that many deductions do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will cut the amount you have to pay.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there is no "best" method to buy coverage. Everyone's needs are different so this has to be addressed. For example, these questions can help discover whether your personal situation will benefit from professional help.

When does my teenage driver need to be added to my policy?
What is the difference between comprehensive and collision coverage?
Does my personal auto insurance policy cover using my vehicle for business use?
Should I rate my vehicle as pleasure use or commute?
What are the financial responsibility laws in Minnesota?
I have good health insurance, so how much medical payments coverage do I need?
Who is covered when they drive my vehicle?

If it's difficult to answer those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can provide invaluable advice.

Save $429 a year? Really?

Consumers in Minnesota get pounded daily by advertisements for car insurance savings by GEICO, State Farm and Progressive. They all seem to make the same claim of big savings if you switch to their company.

How do they all claim to save you money?

All companies have a preferred profile for the driver that earns them a profit. For example, a desirable insured might be between the ages of 40 and 55, has no prior claims, and has great credit. Any new insured who matches those parameters will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Drivers who don't qualify for the "perfect" profile will have to pay a higher premium which leads to the customer not buying. The ad wording is "people who switch" but not "drivers who get quotes" save that much. This is how insurance companies can confidently advertise the savings.

Because of the profiling, you should quote coverage with many companies. It's just too difficult to predict which insurance companies will fit your personal profile best.

Learn more about car insurance in Minnesota

Additional car insurance information can be found on the website for the Minnesota Department of Commerce through this link. Visitors are able to view agent and company licensing information, read consumer alerts, file complaints about an insurance agent or broker, and get help finding coverage.

And the best car insurance company is...

When you buy insurance online, you should never buy lower coverage limits just to save a few bucks. In many instances, consumers will sacrifice physical damage coverage only to regret at claim time that the few dollars in savings costed them thousands. The ultimate goal is to get the best coverage possible at an affordable rate.

Cost effective car insurance can be found both online and also from your neighborhood Climax agents, so you should be comparing quotes from both to have the best selection. There are still a few companies who may not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.