8 Tips Guaranteed to Lower Auto Insurance Costs in Eagan Minnesota

Confused by the dozens of auto insurance companies in Eagan? Lot’s of other consumers are too. Drivers have so many choices that it can easily become a big hassle to find lower rates.

Free Eagan Auto Insurance Quotes

Cutting your auto insurance rates is surprisingly easy. All that’s required is to take a few minutes to compare rate quotes online from several insurance companies. It is quite easy and can be accomplished in several different ways.

  • The recommended way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This easy form keeps you from doing separate forms for each company. A single form compares rates from multiple companies. Recommended for those who want to invest the least amount of time.
  • A harder way to obtain and compare quotes online requires visiting the website for each individual company and request a quote. For examples sake, we’ll assume you want rates from Farmers, Liberty Mutual and American Family. To get each rate you have to visit each site to enter your coverage information, which is why most consumers use the first method.

    For a handy list of car insurance company links in Eagan, click here.

It’s up to you which method you use, but compare the exact same coverages for each price quote. If you enter different deductibles it’s impossible to decipher which rate is best in Eagan.

Do drivers who switch really save?

Minnesota consumers get pounded daily by advertisements for the lowest price auto insurance from companies such as State Farm, GEICO and Progressive. They all have a common claim that you can save if you move your policy.

But how can every company make almost identical claims?

All the different companies are able to cherry pick for the driver they prefer to insure. For instance, a desirable insured might be profiled as between 25 and 40, insures multiple vehicles, and has excellent credit. Any new insured that hits that “sweet spot” will qualify for the lowest rates and therefore will cut their rates substantially.

Consumers who don’t meet the “perfect” profile will be quoted higher premiums which usually ends up with business not being written. The ads say “people who switch” but not “drivers who get quotes” save money. That is how insurance companies can claim big savings. This emphasizes why it is so important to get a wide range of price quotes. Because you never know which company will fit your personal profile best.

Do you qualify for these eight discounts?

Companies that sell car insurance don’t list all their discounts very clearly, so we break down both the well known and the harder-to-find ways to save on auto insurance. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Theft Prevention System – Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
  • Clubs and Organizations – Participating in a professional or civic organization could qualify you for a break when shopping for auto insurance.
  • Lower Rates for Military – Being on active duty in the military could mean lower rates.
  • Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.
  • Sign Online – Some insurance companies will discount your bill up to fifty bucks simply for signing on their website.
  • Driver Safety – Completing a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
  • Bundle and Save – If you have multiple policies with the same insurance company you will save 10% to 20% off each policy.
  • Low Mileage – Low mileage vehicles can earn a substantially lower rate.

Consumers should know that most credits do not apply to the overall cost of the policy. Some only reduce individual premiums such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky.

To choose providers offering auto insurance discounts in Eagan, follow this link.

Additional detailed information can be found at the Minnesota Department of Commerce website. Minnesota drivers can find out which companies have the most complaints, learn about insurance regulations, find a variety of consumer forms, and read consumer alerts.

Additional helpful sites include this page for auto insurance in Minnesota and this page where you can also get Eagan auto insurance quotes.Eagan MN insurance ad

Auto insurance coverage options

Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Auto insurance terms can be impossible to understand and coverage can change by endorsement.

Coverage for liability

Liability insurance can cover damage or injury you incur to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability insurance covers claims like pain and suffering, repair costs for stationary objects and funeral expenses. How much coverage you buy is a personal decision, but consider buying as large an amount as possible. Minnesota requires drivers to carry at least 30,000/60,000/10,000 but you should think about purchasing better liability coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like doctor visits, EMT expenses, prosthetic devices and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits (30/60/10), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Collision insurance

This pays for damage to your vehicle resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like rolling your car, colliding with another moving vehicle, colliding with a tree and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Minnesota insurance comparisons

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, damage from getting keyed and theft. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Better coverage you can count on

Affordable auto insurance is available on the web as well as from independent agents in Eagan, so compare prices from both in order to have the best chance of saving money. Some insurance providers don’t offer online quoting and most of the time these small, regional companies sell through independent agents.

People change insurance companies for any number of reasons including policy non-renewal, high rates after DUI convictions, policy cancellation and questionable increases in premium. It doesn’t matter what your reason, switching auto insurance companies is actually quite simple.

In this article, we covered many tips how you can reduce auto insurance prices online. The key thing to remember is the more times you quote, the better your comparison will be. Consumers may even find the lowest rates come from a company that doesn’t do a lot of advertising.