Compare Saturn VUE Insurance Rates in Minneapolis

The most effective way to find the cheapest price for auto insurance rates in Minneapolis is to compare prices annually from different companies in Minnesota.

1. Spend a few minutes and learn about what coverages are included in your policy and the modifications you can make to drop your rates. Many risk factors that drive up the price like inattentive driving and a bad credit score can be amended by improving your driving habits or financial responsibility.
2. Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like GEICO or State Farm, while agents who are independent can provide prices for a wide range of insurance providers.
3. Compare the new rate quotes to the premium of your current policy and determine if cheaper VUE coverage is available in Minneapolis. If you find a lower rate quote and make a switch, verify that coverage does not lapse between policies.

One important bit of advice is to make sure you enter the same amount of coverage on each price quote and and to get rates from as many car insurance companies as possible. Doing this ensures a level playing field and the best price selection.

A recent auto insurance study discovered that most Minnesota auto insurance customers have remained with the same auto insurance company for over three years, and roughly 40% of drivers have never shopped around. Many drivers in the U.S. can cut their rates by roughly $860 a year just by shopping around, but they assume it’s a waste of time to compare rates online.

Get discounts to get affordable Minneapolis car insurance quotes

Companies that sell car insurance don’t always publicize every discount they offer very well, so below is a list some of the more common and also the more inconspicuous car insurance savings.

• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to use a seat belt can save up to 15% off the personal injury premium cost.
• Discounts for New Vehicles – Putting insurance on a new VUE can save you some money due to better safety requirements for new vehicles.
• Senior Citizen Rates – If you’re over the age of 55, you may receive a small discount on rates.
• Driver Safety – Taking a course teaching defensive driver skills could earn you a small percentage discount if your company offers it.
• Organization Discounts – Participating in specific professional or occupational memberships or organizations can get you a small discount on car insurance.
• Multiple Policy Discount – If you can bundle your homeowners and auto insurance with the same company they may give you a discount of at least 10 to 15 percent or more.
• Telematics Devices – Insureds who allow companies to track their driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot may get a rate reduction as long as they are good drivers.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the whole policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, you won’t be that lucky.

The example below illustrates the difference between Saturn VUE insurance prices with and without discounts applied to the rates. The prices are based on a female driver, a clean driving record, no at-fault accidents, Minnesota state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, homeowner, safe-driver, multi-policy, and marriage discounts applied.

The best car insurance companies and the discounts they provide include:

• GEICO includes discounts for emergency military deployment, multi-policy, five-year accident-free, daytime running lights, seat belt use, membership and employees, and military active duty.
• Mercury Insurance may have discounts that include multi-car, anti-theft, low natural disaster claims, location of vehicle, and ease of repair.
• Farmers Insurance may include discounts for business and professional, mature driver, homeowner, alternative fuel, and early shopping.
• Auto-Owners Insurance has savings for teen driver, student away at school, anti-theft, multi-policy, and paid in full.
• Liberty Mutual offers premium reductions for multi-policy, hybrid vehicle, new vehicle discount, teen driver discount, new move discount, and newly married.
• SAFECO offers discounts for safe driver, anti-theft, bundle discounts, anti-lock brakes, drive less, homeowner, and teen safety rewards.
• Progressive discounts include online signing, homeowner, multi-vehicle, multi-policy, and online quote discount.
• USAA has discounts for loyalty savings, multi-vehicle, driver training, multi-policy, and good student.

If you want low cost Minneapolis car insurance quotes, ask every company the best way to save money. Some credits may not apply to policies in Minneapolis. To view car insurance companies offering car insurance discounts in Minneapolis, click here to view.

The following companies provide free rate quotes in Minnesota. To buy the best cheap car insurance in MN, it’s a good idea that you visit two to three different companies in order to find the most competitive rates.

Analysis of Saturn VUE rates

The premium table below covers different coverage prices for Saturn VUE models. Having a better understanding of how insurance premiums are determined is important to be able to make smart choices when choosing a car insurance company.

Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Minnesota minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Rate information does not factor in vehicle garaging location which can influence premium rates greatly.

Should you raise deductibles?

When buying auto insurance, a common question is how high should the physical damage coverage deductibles be. The comparisons below can help show the rate differences between high and low deductibles. The first set of rates uses a $250 physical damage deductible and the second price table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Premium amounts do not factor in garaging location in Minneapolis which can impact insurance rates significantly.

We can estimate from the data above that using a $250 deductible costs approximately $13 more each month or $156 for a full year across all Saturn VUE models than quoting the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have more than 19 months between claims, you would probably be better off going with the higher deductible.

Price comparison of only insuring for liability

The information below shows the comparison of Saturn VUE insurance costs with full physical damage coverage compared to only buying liability only. The data is based on no accidents or driving violations, $1,000 deductibles, single status, and no discounts are applied to the premium.

Should you pay for full coverage or liability only?

There is no definitive rule of when to exclude comp and collision coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s assume your Saturn VUE replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $7,000 after paying the physical damage deductible. If premiums are more than $700 a year for your policy with full coverage, then you might want to think about dropping full coverage.

There are a few situations where buying only liability insurance is not a good plan. If you still owe a portion of the original loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Insurance agencies near you

A lot of people would prefer to have an agent’s advice and doing so can bring peace of mind Agents can help you build your policy and help you file claims. One of the great benefits of comparing insurance online is you can get the best rates but also keep your business local. Buying insurance from local insurance agencies is still important in Minneapolis.

Upon completion of this short form, your coverage information is emailed to companies in Minneapolis who will return price quotes for your business. You won’t need to contact any agents since price quotes are sent to the email address you provide. If you have a need to compare prices from one company in particular, feel free to navigate to their website and fill out the quote form the provide.

Deciding on an insurer needs to be determined by more than just a cheap price quote. Any agent in Minneapolis should be willing to answer these questions.

• Is vehicle mileage a factor when determining depreciation for repairs?
• Will they take your side in the event of a claim?
• Do they offer claims assistance after hours?
• Do they carry Errors and Omissions coverage?
• Do they specialize in personal lines auto insurance in Minneapolis?
• Will the company cover a rental car if your car is getting fixed?
• If independent agents, which companies do they recommend?
• Do they get paid more for recommending certain coverages?

Cheap rates are available

When getting Minneapolis car insurance quotes online, never reduce needed coverages to save money. There are many occasions where an accident victim reduced uninsured motorist or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. The goal is to purchase a proper amount of coverage at the best price, but don’t skip important coverages to save money.

There are still a few companies who may not offer online rate quotes and most of the time these regional carriers work with independent agents. Budget-conscious Saturn VUE insurance can be bought on the web as well as from independent agents in Minneapolis, and you should be comparing both to get a complete price analysis.

More information is located at the links below

• Think You’re a Safe Driver? (State Farm)
• Who Has Cheap Minneapolis Auto Insurance Rates for Used Cars? (FAQ)
• Who Has Cheap Auto Insurance for a Toyota Highlander in Minneapolis? (FAQ)
• How Much are Auto Insurance Rates for Young Drivers in Minneapolis? (FAQ)
• How Much is Auto Insurance for a Toyota Tacoma in Minneapolis? (FAQ)
• Who Has Affordable Auto Insurance Rates for a Subaru Outback in Minneapolis? (FAQ)
• Vehicle Insurance in the U.S. (Wikipedia)
• Liability Insurance Coverage (Nationwide)