It’s a fact that car insurance companies don’t want their customers to go rate shopping. Insureds who shop around are highly likely to switch to a new company because there is a good chance of finding discount prices. A recent study showed that people who compared rates regularly saved on average $3,450 over four years as compared to drivers who never compared prices.
If finding discount rates on car insurance in Minneapolis is your ultimate objective, then having some knowledge of how to get free comparison quotes and analyze coverages can help make the process easier and more efficient.
The most effective way to get discount Toyota Yaris iA insurance is to start comparing prices regularly from different companies who can sell car insurance in Minneapolis. Rate comparisons can be done by following these steps.
- First, learn about what is in your policy and the things you can control to prevent expensive coverage. Many policy risk factors that result in higher rates like accidents, traffic violations, and a lousy credit rating can be rectified by making lifestyle changes or driving safer.
- Second, compare prices from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give prices from one company like Progressive and State Farm, while independent agents can provide rate quotes for many different companies.
- Third, compare the new rates to your current policy premium to determine if you can save on Yaris iA insurance. If you find a lower rate quote and make a switch, ensure coverage does not lapse between policies.
- Fourth, give notification to your current company to cancel your current auto insurance policy and submit a down payment and signed policy application to your new company or agent. As soon as you can, put the proof of insurance certificate above your visor, in the console, or in the glove compartment.
One important bit of advice is to try to compare identical coverages on every price quote and and to compare as many companies as possible. This enables a fair rate comparison and the best rate selection.
How to get Minneapolis Toyota Yaris iA insurance quotes
The companies shown below can provide price comparisons in Minneapolis, MN. To buy the best auto insurance in MN, it’s highly recommended you visit several of them to find the most affordable car insurance rates.
Insuring your Toyota Yaris iA just makes sense
Even though it can be expensive, paying for insurance may be mandatory for several reasons.
- Just about all states have minimum mandated liability insurance limits which means state laws require a specific level of liability insurance if you drive a vehicle. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Toyota, more than likely the lender will make it mandatory that you have comprehensive coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank may insure your Toyota at a significantly higher premium and force you to pay for it.
- Insurance safeguards not only your Toyota but also your assets. It also can pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit in the event you are sued. If damage is caused by hail or an accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance are definitely more than the cost, particularly for liability claims. According to a recent study, the average American driver is wasting up to $865 each year so it’s very important to do a rate comparison each time the policy renews to be sure current rates are still competitive.
Cheaper rates by receiving discounts
Car insurance is neither fun to buy or cheap, but you might be missing out on some discounts that may help make it more affordable. A few discounts will be applied when you get a quote, but a few need to be requested specifically prior to receiving the credit. If you are not receiving all the discounts available, you are paying more than you should be.
- Discount for Low Mileage – Fewer annual miles on your Toyota can earn substantially lower prices.
- Driver Safety – Passing a safe driver course may get you a small discount and easily pay for the cost of the class.
- Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class if offered at their school.
- Theft Deterrent – Cars, trucks, and SUVs equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
- Mature Driver Discount – Drivers that qualify as senior citizens may receive a slight reduction on a Minneapolis car insurance quote.
- Club Memberships – Being a member of qualifying employment or professional organizations may earn a discount when shopping for car insurance.
Discounts lower rates, but most discounts do not apply to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. So even though you would think all the discounts add up to a free policy, you aren’t that lucky. Any amount of discount should definitely cut your policy premium.
Popular car insurance companies and their possible discounts are:
- Mercury Insurance may include discounts for age of vehicle, good driver, anti-theft, multi-policy, accident-free, and location of vehicle.
- Farmers Insurance includes discounts for teen driver, homeowner, bundle discounts, alternative fuel, and youthful driver.
- Farm Bureau has savings for driver training, good student, 55 and retired, youthful driver, renewal discount, and safe driver.
- State Farm may offer discounts for multiple policy, passive restraint, good driver, safe vehicle, Drive Safe & Save, anti-theft, and accident-free.
- Allstate offers discounts for teenSMART discount, anti-theft, new car, passive restraint, eSmart discount, good payer, and FullPay discount.
- GEICO policyholders can earn discounts including multi-vehicle, five-year accident-free, anti-lock brakes, driver training, and membership and employees.
When getting free Minneapolis car insurance quotes, it’s a good idea to each company which discounts can lower your rates. Some discounts listed above may not be available in every state. If you would like to view car insurance companies with significant discounts in Minneapolis, follow this link.
Are auto insurance agents a thing of the past?
Certain consumers still like to talk to an insurance agent and that is just fine! Licensed agents can point out coverage gaps and help in the event of a claim. The biggest benefit of comparing rate quotes online is the fact that you can find better rates and also buy local.
To make it easy to find an agent, after completing this short form, your coverage information is emailed to local insurance agents who will return price quotes for your insurance coverage. You never need to contact any insurance agencies since price quotes are sent directly to your email. If you wish to get a price quote from a specific company, feel free to visit that company’s website to submit a rate quote request.
Finding a good insurance company is decision based upon more than just a low price. These are some questions your agent should answer.
- In the event of vehicle damage, can you pick the collision repair facility?
- Are you getting all the discounts the company offers?
- Is the agency covered by Errors and Omissions coverage?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Is auto insurance their primary focus in Minneapolis?
- What kind of financial rating does the company have?
Below are agents in Minneapolis that can give you rate quotes for Toyota Yaris iA insurance in Minneapolis.
- Farmers Insurance: Travis Marcellus
2846 Johnson St NE – Minneapolis, MN 55418 – (612) 789-4341 – View Map - Kim Nybo – State Farm Insurance Agent
2724 University Ave SE – Minneapolis, MN 55414 – (612) 767-7775 – View Map - RJF Agencies, Inc.
7225 Northland Dr N #300 – Minneapolis, MN 55428 – (763) 746-8000 – View Map - Erickson Insurance Agency
8525 Edinbrook Crossing #401 – Minneapolis, MN 55443 – (763) 657-7608 – View Map
How to find a good Minneapolis car insurance company
Choosing the best car insurance company is hard considering how many companies there are in Minneapolis. The rank data displayed below may help you select which insurers to look at comparing rate quotes with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Mercury Insurance | 87 | 95 | 87 | 84% | A+ | 88.3 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
In the end, you can save money
Throughout this article, we presented a lot of tips how to lower your Toyota Yaris iA insurance prices in Minneapolis. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even be surprised to find that the best prices are with the least-expected company.
Budget-conscious Toyota Yaris iA insurance can be purchased online in addition to many Minneapolis insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who may not offer price quotes online and usually these small, regional companies provide coverage only through independent agents.
When you buy Minneapolis car insurance online, make sure you don’t sacrifice coverage to reduce premiums. Too many times, an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that it was a big mistake. Your goal should be to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.
Additional articles
- Rollover Crash FAQ (iihs.org)
- How Much are Car Insurance Rates for Unemployed Drivers in Minneapolis? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Teenagers in Minneapolis? (FAQ)
- How Much are Auto Insurance Rates for a Chevrolet Silverado in Minneapolis? (FAQ)
- Who Has Cheap Minneapolis Car Insurance for a Hyundai Elantra? (FAQ)
- Who Has Cheap Minneapolis Car Insurance for High Mileage Drivers? (FAQ)
- Who Has the Cheapest Minneapolis Auto Insurance Rates for a GMC Acadia? (FAQ)
- Teen Driver Statistics (Insurance Information Institute)
- Where can I buy Insurance? (Insurance Information Institute)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)