Buick Enclave Insurance Rates in Minneapolis

Insurance quote for Buick Enclave in MinneapolisAre you drained from scraping the payment together to make your car insurance payment? You are no different than millions of other consumers.

Shockingly, the vast majority of car insurance customers in Minnesota have purchased from the same company for more than four years, and 38% of drivers have never compared rates with other companies. American consumers could save $860 a year by just comparing rate quotes, but they underestimate how much they could save if they moved their coverage to a different company.

Steps to finding affordable quotes for Buick Enclave insurance in Minneapolis

The easiest way to find low-cost Buick Enclave insurance is to do a yearly price comparison from insurers that insure vehicles in Minneapolis.

  1. Try to learn a little about policy coverages and the steps you can take to prevent rate increases. Many rating criteria that are responsible for high rates like traffic tickets, fender benders, and a less-than-favorable credit rating can be rectified by making minor changes in your lifestyle.
  2. Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from one company like GEICO and Allstate, while agents who are independent can provide prices from multiple companies. Begin your rate comparison
  3. Compare the new rate quotes to your existing coverage to see if a cheaper price is available in Minneapolis. If you can save some money, make sure coverage is continuous and does not lapse.
  4. Provide proper notification to your current company of your intention to cancel your current policy. Submit a completed policy application and payment to your new agent or company. Once the paperwork is finalized, place the new certificate of insurance with your vehicle’s registration.

One key aspect of rate comparisons is to try to use the same liability limits and deductibles on every price quote and and to get rates from as many different companies as possible. This enables a fair price comparison and a thorough selection of prices.

Due to the large number of different company options, it’s nearly impossible to locate the most cost effective company.

It is always a good idea to compare premium rates occasionally because rates are variable and change quite frequently. Just because you found the lowest rate on Buick Enclave insurance in Minneapolis last year a different company probably has better prices today. There is too much inaccurate information about Enclave insurance on the web, but we’re going to give you some great ways to lower your car insurance rates in Minneapolis.

Finding the cheapest auto insurance coverage in Minneapolis is not that difficult as long as you know where to start. In a nutshell, everyone who is overpaying for auto insurance should find a lower-cost company. Nevertheless, Minnesota drivers must know how insurance companies market on the web and take advantage of how the system works.

Analysis of coverages

The rate information displayed below covers different coverage costs for Buick Enclave models. Having a good grasp of how car insurance prices are established can be useful when making informed coverage decisions.

Buick Enclave Insurance Rates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Enclave CX 2WD $280 $534 $326 $20 $98 $1,258 $105
Enclave CX AWD $280 $534 $326 $20 $98 $1,258 $105
Enclave XL 2WD $280 $534 $326 $20 $98 $1,258 $105
Enclave XL AWD $312 $534 $326 $20 $98 $1,290 $108
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Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Premium costs do not factor in vehicle garaging location which can impact price quotes significantly.

Physical damage deductibles: Should you raise them?

One of the hardest decisions when shopping for car insurance is which deductibles should you choose. The following tables summarize the differences in price between high and low physical damage coverage deductibles. The first set of prices uses a $250 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Buick Enclave insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Enclave CX 2WD $276 $486 $318 $18 $94 $1,217 $101
Enclave CX AWD $276 $486 $318 $18 $94 $1,217 $101
Enclave XL 2WD $276 $486 $318 $18 $94 $1,217 $101
Enclave XL AWD $308 $486 $318 $18 $94 $1,249 $104
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Buick Enclave insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Enclave CX 2WD $170 $306 $318 $18 $94 $906 $76
Enclave CX AWD $170 $306 $318 $18 $94 $906 $76
Enclave XL 2WD $170 $306 $318 $18 $94 $906 $76
Enclave XL AWD $190 $306 $318 $18 $94 $926 $77
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Premium costs do not factor in Minneapolis location which can lower or raise price quotes greatly.

Using the data above, we can ascertain that using a $250 deductible will cost you about $26 more each month or $312 each year averaged for all Enclave models than requesting the higher $1,000 deductible. Because you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 29 months between claims, you would most likely save money if you choose the higher deductible.

The information below shows how choosing a deductible and can impact Buick Enclave yearly insurance costs for different ages of insureds. Data assumes a single female driver, full coverage, and no policy discounts are applied.

Premiums by gender and age

The information below illustrates the difference between Buick Enclave yearly insurance costs for male and female drivers. The price estimates are based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, drivers are not married, and no policy discounts are applied.

Should you buy full coverage?

The example below visualizes the comparison of Buick Enclave auto insurance rates with full physical damage coverage compared to only buying liability only. The premium estimates are based on no accidents or driving violations, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

When to switch to liability coverage only

There is no set guideline to stop paying for comp and collision coverage, but there is a broad guideline. If the yearly cost for physical damage coverage is 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s assume your Buick Enclave replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would receive is $6,000 after paying your deductible. If it’s costing in excess of $600 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

There are some scenarios where buying only liability insurance is not a good plan. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not buy liability only.

The Buick Enclave Insurance Price Equation

Many factors are part of the equation when you get a price on insurance. Some of the criteria are obvious such as your driving record, although others are not as apparent such as your marital status or your financial responsibility. Consumers need to have an understanding of a few of the rating criteria that go into determining the price you pay for car insurance. When you know what positively or negatively determines premiums, this allows you to make educated decisions that may reward you with lower premium levels.

Job reflects on prices – Did you know your car insurance rates can be affected by your occupation? Jobs such as real estate brokers, social workers, and medical professionals generally pay the highest rates because of intense work requirements and extremely grueling work hours. On the other hand, careers such as scientists, engineers and retirees have the lowest average rates.

How much liability protection do you need? – Your car insurance policy’s liability coverage will protect you in the event that you are found liable for causing personal injury or damage in an accident. It provides legal defense coverage which can cost thousands of dollars. This coverage is relatively inexpensive compared to comp and collision, so do not cut corners here.

Pay more for higher performance vehicles – The performance of the car you drive makes a significant difference in your auto insurance rates. The most favorable rates will normally be found when insuring smaller low performance passenger cars, but other factors influence the final cost greatly.

The data below assumes a single female driver age 20, full coverage with $100 deductibles, and no discounts or violations. It shows Buick Enclave policy rates compared to other makes and models that have different risk factors.

Avoid tickets and save – Drivers with clean records pay less for auto insurance than people who have multiple driving citations. Only having one driving citation can increase rates by as much as thirty percent. People who have careless violations like reckless driving or DUI may face state-mandated requirements to file a SR-22 with their state’s licensing department in order to prevent a license revocation.

The illustration below shows how speeding tickets and at-fault claims can drive up Buick Enclave car insurance rates for different age categories. The information is based on a single male driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.

Add-on coverages push up rates – Insurance companies have many optional add-on coverages you can purchase when buying car insurance. Coverages for roadside assistance, accidental death, and motor club memberships are some examples. These may sound like a good investment when deciding what coverages you need, but your money might be better spent on other coverage so remove them from your policy.

Age of drivers – Older drivers are viewed as being more responsible, cause fewer claims and accidents, and get fewer tickets. Beginning drivers have a tendency to be easily distracted when driving and because of this, their car insurance rates are much higher.

The chart below uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Prevent theft and reduce rates – Purchasing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.

Drive lots and pay more – The more you drive in a year the more you will pay for car insurance. Almost all companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage can get a lower rate than vehicles that are driven to work every day. Verify your car insurance coverage properly reflects the correct usage for each vehicle. Having the wrong rating on your Enclave may be costing you higher rates.

Buick Enclave claim data – Insurers study historical loss data to help determine the rate you pay. Models that the data determines to have a trend towards higher claims will cost more for coverage. The table shown below demonstrates the insurance loss data used by companies for Buick Enclave vehicles.

For each type of coverage, the claim probability for all vehicles, as a total average, is a value of 100. Percentages below 100 suggest losses that are better than average, while percentages above 100 show a trend for more claims or an increased chance of larger losses than average.

Insurance Loss Ratings for Buick Enclave Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Buick Enclave 4dr 2WD 85 101 83 67 63 81
Buick Enclave 4dr 4WD 93 110 92 64 62 84

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

More effort can pay off

We’ve covered some good ideas how to shop for Buick Enclave insurance online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. Consumers may even find the lowest prices come from a small mutual company. Regional companies often have lower rates on specific markets than their larger competitors like Allstate, GEICO and Progressive.

Some auto insurance companies don’t offer the ability to get a quote online and many times these regional insurance providers provide coverage only through local independent agencies. Budget-friendly auto insurance in Minneapolis is definitely available online in addition to local insurance agencies, so you should be comparing quotes from both to get a complete price analysis.

How to find discount Buick Enclave insurance in Minneapolis

It takes a little time, but the best way to get cheaper car insurance rates is to regularly compare prices from insurers in Minneapolis.

One key aspect of rate comparisons is to use similar deductibles and liability limits on every quote and and to get quotes from as many companies as you can. This helps ensure a fair rate comparison and a better comparison of the market.

Additional auto insurance information is available at the links below