Do you want to stop overpaying and find the cheapest Chrysler Town and Country insurance in Minneapolis? Comparison shopping for cheap Chrysler Town and Country insurance in Minneapolis might be a challenge for drivers who are new to shopping for insurance online. There are so many different companies and agents to choose from that it can quickly become a difficult situation to compare rates in Minnesota on Chrysler Town and Country insurance.
It’s easy to assume that car insurance companies don’t want their customers to go rate shopping. People who shop around will probably buy a different policy because they have a good chance of finding better rates. A recent survey revealed that people who made a habit of comparing rates saved on average $70 a month as compared to drivers who don’t regularly compare prices.
If finding the cheapest price for Chrysler Town and Country insurance in Minneapolis is why you’re reading this, understanding the best ways to shop for coverages can save time and money.
Smart consumers take time to take a look at other company’s rates at least once a year since insurance rates are usually higher with each renewal. Despite the fact that you may have had the best premium rates on Chrysler Town and Country insurance in Minneapolis on your last policy a different company probably has better prices today. Ignore everything you know about insurance because I’m going to let you in on the secrets to one of the easiest ways to buy cheaper Chrysler Town and Country insurance in Minneapolis.
Informed Drivers Save Money
An important part of buying insurance is that you know some of the factors that help calculate the rates you pay for insurance. If you understand what controls the rates you pay, this enables informed choices that could result in lower rates.
Mature drivers are lower risk – Teen drivers in Minnesota are proven to be inattentive when behind the wheel therefore insurance rates are much higher. If you’ve ever had to add a teen driver onto a policy can cause a big jump in price. Older drivers are more responsible, file fewer claims, and receive fewer citations.
The following chart assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
Raise physical damage deductibles and save – Insurance for physical damage to your car, also called comprehensive and collision insurance, covers damage that occurs to your Chrysler. Examples of covered claims are colliding with a building, damage from fire, or theft. Comp and collision deductibles define how much you are willing to pay if the claim is covered. The more money you’re willing to pay, the better rate you will receive.
Driving citations mean higher premiums – Whether or not you get tickets influences premium rates substantially. Careful drivers receive lower rates compared to bad drivers. Getting just one chargeable violation may cause rates to rise to the point where it’s not affordable. Drivers who have received license-revoking citations like reckless driving or DUI might be required by their state to complete a SR-22 with their state’s department of motor vehicles in order to drive a vehicle legally.
The information below shows how speeding tickets and at-fault accidents drive up Chrysler Town and Country car insurance costs for different ages of insureds. The data is based on a single female driver, full coverage, $100 deductibles, and no other discounts are factored in.
Proper usage rating affects prices – The higher the miles on your Chrysler in a year the higher your rates will be. The majority of insurers charge to insure your cars determined by how the vehicle is used. Autos not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your vehicle rating is showing the correct driver usage, because it can save money. A policy that improperly rates your Town and Country is just wasting money.
Having a spouse equates to better prices – Having a wife or husband may cut your premiums compared to being single. Marriage usually means you are more mature and responsible and insurance companies reward insureds because drivers who are married file infrequent claims.
Do you work long hours in a demanding occupation? – Careers such as real estate brokers, airline pilots, and dentists have higher average rates attributed to intense work-related stress and extremely grueling work hours. Conversely, occupations such as farmers, students and homemakers generally pay rates lower than average.
Liability protection is critical – The liability coverage on your policy kicks in when a court rules you are at fault for causing damage or personal injury in an accident. Your liability coverage provides legal defense coverage to attempt to prove you were not liable. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.
Eliminate incidental coverages – There are a lot of add-on coverages that you can buy on your insurance policy. Coverages like coverage for rental cars, towing, and membership fees are some examples. These coverages may sound good initially, but if they’re wasting money remove them and pocket the money.
Insurance coverage analysis
The coverage information shown below showcases detailed analysis of insurance rates for Chrysler Town and Country models. Having knowledge of how insurance policy rates are figured can be valuable when making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Town and Country LX | $240 | $390 | $326 | $20 | $98 | $1,074 | $90 |
| Town and Country Touring | $272 | $474 | $326 | $20 | $98 | $1,190 | $99 |
| Town and Country Signature | $272 | $474 | $326 | $20 | $98 | $1,190 | $99 |
| Town and Country Touring Plus | $272 | $474 | $326 | $20 | $98 | $1,190 | $99 |
| Town and Country Limited | $302 | $560 | $326 | $20 | $98 | $1,306 | $109 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Premium amounts do not factor in the specific area where the vehicle is garaged which can impact coverage rates noticeably.
Where to set your deductibles
When shopping for insurance, a common question is how low should you set your deductibles. The following tables highlight the rate differences when you buy lower versus higher policy deductibles. The first table uses a $100 deductible for physical damage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Town and Country LX | $272 | $406 | $270 | $16 | $80 | $1,069 | $89 |
| Town and Country Touring | $308 | $492 | $270 | $16 | $80 | $1,191 | $99 |
| Town and Country Signature | $308 | $492 | $270 | $16 | $80 | $1,191 | $99 |
| Town and Country Touring Plus | $308 | $492 | $270 | $16 | $80 | $1,191 | $99 |
| Town and Country Limited | $344 | $580 | $270 | $16 | $80 | $1,315 | $110 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Town and Country LX | $200 | $274 | $270 | $16 | $80 | $840 | $70 |
| Town and Country Touring | $224 | $334 | $270 | $16 | $80 | $924 | $77 |
| Town and Country Signature | $224 | $334 | $270 | $16 | $80 | $924 | $77 |
| Town and Country Touring Plus | $224 | $334 | $270 | $16 | $80 | $924 | $77 |
| Town and Country Limited | $250 | $392 | $270 | $16 | $80 | $1,008 | $84 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Information does not factor in zip code location which can revise premiums noticeably.
Based on these figures, using a $100 deductible costs roughly $22 more each month or $264 every year than choosing the higher $500 deductible. Since you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you normally average more than 18 months between claim filings, you would save money if you opt for a higher deductible.
The example below shows how choosing a deductible and can influence Chrysler Town and Country annual premium costs for each different age category. The premiums assume a single female driver, full coverage, and no discounts are taken into consideration.
Age, gender, and Chrysler Town and Country insurance
The illustration below compares Chrysler Town and Country premium costs for male and female drivers. The rates are based on no accidents, no driving violations, full physical damage coverage, $1,000 deductibles, single marital status, and no additional discounts are factored in.
Cost difference between full coverage and liability
The diagram below compares Chrysler Town and Country annual premium costs with liability coverage only compared to full coverage. Data assumes no driving violations, no at-fault accidents, $1,000 deductibles, drivers are single, and no discounts are factored in.
Should you pay for full coverage?
There is no clear-cut formula to stop buying physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s assume your Chrysler Town and Country replacement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $5,000 after paying your policy deductible. If you are paying in excess of $500 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are some conditions where dropping full coverage is not a good idea. If you haven’t paid off your loan, you have to keep full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not drop full coverage.
Take policy discounts and save on Chrysler Town and Country insurance in Minneapolis
Companies do not list the entire discount list in a way that’s easy to find, so the following is a list of both well-publicized in addition to some of the lesser obvious credits that you can use to lower your rates. If you are not receiving all the discounts possible, you may be paying too high a price.
- Driver’s Education for Students – Have your child complete a driver education course in high school.
- Auto/Life Discount – Some car insurance companies give better premium rates if you take out some life insurance too.
- Active Military Service – Being deployed with a military unit could qualify you for better premium rates.
- Government Employees – Simply working for the federal government could cut as much as 10% off but check with your company.
- ABS Braking Discount – Cars with ABS and/or traction control prevent accidents so companies give up to a 10% discount.
- Auto/Home Discount – If you can combine your auto and homeowners policy and insure them with the same company you may save at least 10% off all policies.
We need to note that most credits do not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
The diagram below illustrates the difference between Chrysler Town and Country yearly insurance costs with and without discounts applied to the premium. Data assumes a female driver, no claims or violations, Minnesota state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, marriage, claim-free, safe-driver, and homeowner discounts applied.
Car insurance companies that may offer policyholders most of the discounts above include:
When quoting, ask each company which discounts you qualify for. Discounts may not be available in your area.
How to find a good Minneapolis auto insurance company
Insuring your vehicle with a good quality insurer can be challenging considering how many companies sell insurance in Minneapolis. The company ratings shown below may help you choose which insurers you want to consider when shopping your coverage around.
Top 10 Minneapolis Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Top 10 Minneapolis Car Insurance Companies by A.M. Best Rank
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Allstate – A+
- Progressive – A+
- Mercury Insurance – A+
- The Hartford – A+
- Nationwide – A+
- Esurance – A+
In conclusion
We covered quite a bit of information on how to shop for Chrysler Town and Country insurance online. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding the cheapest Chrysler Town and Country rate quotes. Consumers may even find the lowest prices are with a company that doesn’t do a lot of advertising.
Cheaper car insurance in Minneapolis can be purchased both online in addition to local insurance agencies, and you should compare rates from both in order to have the best price selection to choose from. Some companies may not offer online quoting and many times these regional insurance providers provide coverage only through independent agents.
Consumers who switch companies do it for a variety of reasons including policy cancellation, delays in paying claims, policy non-renewal and even unfair underwriting practices. Whatever your reason, finding a new company is not as difficult as it may seem.
How to find cheaper quotes for Chrysler Town and Country insurance in Minneapolis
If you want to save the most money, the best way to save money on auto insurance rates in Minneapolis is to compare quotes once a year from insurance carriers in Minnesota. Drivers can shop around by following these steps.
- Take a few minutes and learn about individual coverages and the things you can change to prevent rate increases. Many factors that cause rate increases such as careless driving and a poor credit score can be rectified by paying attention to minor details.
- Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agencies can quote rates from many different companies.
- Compare the new rates to the premium of your current policy and see if you can save money. If you can save some money and switch companies, make sure coverage does not lapse between policies.
- Tell your current company to cancel your current coverage and submit a down payment and signed policy application to your new insurance company. As soon as coverage is bound, store the certificate verifying proof of insurance with your vehicle’s registration.
An important bit of advice to remember is to use the same deductibles and limits on each quote request and and to get price estimates from as many carriers as you can. Doing this enables an apples-to-apples comparison and plenty of rates choose from.
To read more, feel free to visit the resources below:
- Medical Payments Coverage (Liberty Mutual)
- Who Has the Cheapest Car Insurance Quotes for Retired Military in Minneapolis? (FAQ)
- Who Has Affordable Auto Insurance for a Jeep Grand Cherokee in Minneapolis? (FAQ)
- How Much is Auto Insurance for a Toyota Tacoma in Minneapolis? (FAQ)
- How Much are Car Insurance Rates for Active Military in Minneapolis? (FAQ)
- How to shop for a safer car (Insurance Institute for Highway Safety)
- What is a Telematics Device? (Allstate)
- Teen Driving Statistics (iihs.org)
- Auto Crash Statistics (Insurance Information Institute)