Car Insurance in Lake Wilson, MN - 7 Discounts You Might be Unaware of

Have you had enough of not being able to afford each month for car insurance? You are in the same boat as most other car owners in Minnesota.

Big-name insurance companies like State Farm, Allstate, GEICO and Progressive persitently shower you with ad campaigns and consumers find it hard to sift through the bull and take the time to shop coverage around.

If you are paying for car insurance now, you will most likely be able to reduce your rates substantially using this information. Finding affordable coverage in Lake Wilson is easy if you know what you're doing. But Minnesota car owners do need to know how companies price online insurance.

Be sure to get all your discounts

Insuring your fleet can be pricey, but you can get discounts that many people don't even know exist. Some trigger automatically at the time of quoting, but some may not be applied and must be inquired about before you will receive the discount.

Drivers Ed for Students - Cut your cost by having your teen driver successfully complete driver's ed class in school.
Service Members Pay Less - Being on active duty in the military could mean lower rates.
Theft Prevention System - Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
Anti-lock Brake System - Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
No Accidents - Claim-free drivers pay less when compared to accident-prone drivers.
Organization Discounts - Belonging to a civic or occupational organization is a good way to get lower rates when shopping for car insurance.
Defensive Driver - Taking part in a driver safety course could save 5% or more if your company offers it.

Consumers should know that most discounts do not apply to the entire cost. Most only apply to individual premiums such as liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, companies don't profit that way. But all discounts will reduce the amount you have to pay.

To choose insurance companies offering car insurance discounts in Lake Wilson, click here to view.

Is there truth in advertising?

Car insurance providers like State Farm, Allstate and GEICO constantly bombard you with television and radio advertisements. They all make an identical promise that you'll save big if you switch to their company. How can each company make the same claim?

All the different companies can use profiling for the driver that makes them money. A good example of a driver they prefer could be between 25 and 40, has no tickets, and has great credit. Any new insured who meets those qualifications is entitled to the best price and is almost guaranteed to save when they switch companies.

Potential insureds who don't measure up to the requirements will be quoted more money and ends up with business going elsewhere. The ads state "customers that switch" but not "drivers who get quotes" save that much. That's why companies can advertise the savings.

This emphasizes why you should get a wide range of price quotes. It's just too difficult to predict the company that will fit your personal profile best.

More Minnesota car insurance information

Much more information about car insurance in Minnesota can be read on the website for the Minnesota Department of Commerce located here. Consumers can download brochures, view a list of available companies, read consumer alerts, and learn about insurance regulations.

Shop smart and save

When you buy insurance online, it's not a good idea to buy poor coverage just to save money. There have been many situations where an insured dropped full coverage and found out when filing a claim that the few dollars in savings costed them thousands. The proper strategy is to buy a smart amount of coverage at a price you can afford while still protecting your assets.

Discount car insurance can be found from both online companies and also from your neighborhood Lake Wilson agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who may not provide online price quotes and these small insurance companies work with independent agents.