When looking for lower-cost insurance, do you get frustrated by the wide range of auto insurance companies in Minneapolis? Minnesota consumers have such a large number of options that it is hard work to find the best prices for Ford Edge insurance in Minneapolis. If you live there, you know that Minneapolis is a great city to raise a family in, but high auto insurance rates can make it nearly impossible for many drivers to pay other bills every month.
Steps to buying discount Ford Edge insurance in Minneapolis
Really, the only way to find better pricing on Ford Edge insurance in Minneapolis is to annually compare prices from companies who sell insurance in Minnesota.
- Step 1: Get an understanding of individual coverages and the things you can control to lower rates. Many rating criteria that cause rate increases like traffic violations, accidents, and a low credit score can be controlled by improving your driving habits or financial responsibility.
- Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive or Allstate, while independent agencies can quote rates from many different companies.
- Step 3: Compare the new quotes to the premium of your current policy to see if cheaper Edge coverage is available in Minneapolis. If you find a better price and make a switch, make sure there is no lapse in coverage.
- Step 4: Provide adequate notice to your current company of your intention to cancel your current car insurance policy. Submit a signed application and payment to your new carrier. Be sure to put the proof of insurance certificate somewhere easily accessible.
The most important part of shopping around is to use the same deductibles and limits on every quote and and to compare as many auto insurance providers as possible. Doing this enables a fair rate comparison and a complete selection of prices.
It’s a known fact that auto insurance companies don’t want their policyholders to compare prices. Drivers who shop around for cheaper rates will presumably buy a new policy because there are good odds of finding more affordable rates. A recent survey found that people who routinely compared rates saved $72 a month compared to other drivers who never shopped around for better prices.
If finding the cheapest price on Ford Edge insurance is your ultimate target, learning the best ways to find and compare insurance premiums can help simplify the task of finding more affordable coverage.
Companies offering low-cost Ford Edge rate quotes in Minneapolis, MN
The companies shown below are ready to provide price quotes in Minneapolis, MN. In order to find the best cheap car insurance in Minneapolis, we recommend you visit several of them to get the most affordable price.
Auto insurance statistics for a Ford Edge
The coverage information below highlights detailed analysis of prices for Ford Edge models. Learning a little about how rates are established can assist in making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Edge SE 2WD | $198 | $274 | $416 | $24 | $124 | $1,036 | $86 |
| Edge SE AWD | $198 | $334 | $416 | $24 | $124 | $1,096 | $91 |
| Edge SEL 2WD | $198 | $334 | $416 | $24 | $124 | $1,096 | $91 |
| Edge Limited 2WD | $198 | $334 | $416 | $24 | $124 | $1,096 | $91 |
| Edge SEL AWD | $198 | $334 | $416 | $24 | $124 | $1,096 | $91 |
| Edge Limited AWD | $228 | $392 | $416 | $24 | $124 | $1,184 | $99 |
| Edge Sport 2WD | $228 | $392 | $416 | $24 | $124 | $1,184 | $99 |
| Edge Sport AWD | $228 | $392 | $416 | $24 | $124 | $1,184 | $99 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Minnesota minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rates do not factor in garaging location in Minneapolis which can raise or lower auto insurance rates considerably.
The information below shows how choosing a deductible and can change Ford Edge annual premium costs for different ages of insureds. The rates are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
How accidents and violations affect rates in Minneapolis
The illustration below illustrates how violations and fender-benders can increase Ford Edge auto insurance rates for different ages of insureds. The data is based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.
Cost comparison with and without full coverage
The example below illustrates the difference between Ford Edge premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no violations or accidents, $1,000 deductibles, single marital status, and no discounts are applied to the premium.
Are you wasting money on full coverage?
There is no definitive guideline to eliminate comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s assume your Ford Edge replacement cost is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $5,000 after the deductible is paid. If you are paying over $500 a year for physical damage coverage, then it could be time to drop full coverage.
There are some cases where buying only liability insurance is not in your best interest. If you still owe money on your vehicle, you have 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 in an accident, you should not opt for liability only.
Minneapolis insurance discounts
Some companies do not advertise the complete list of policy discounts in an easy-to-find place, so the list below details both the well known and the more hidden discounts that you can inquire about if you buy Minneapolis auto insurance online. If you’re not getting every credit available, you could be saving more on your insurance.
- Accident Waiver – This one is not really a discount per se, but a handful of insurance companies may permit one accident without getting socked with a rate hike if your claims history is clear for a certain period of time.
- Responsible Driver Discount – Drivers who don’t get into accidents can save as much as half off their rates as compared to drivers with claims.
- ABS Brakes – Cars with anti-lock braking systems are safer to drive and earn discounts up to 10%.
- Full Payment Discount – By paying your policy upfront instead of making monthly payments you can avoid the installment charge.
- Accident-Free Discounts – Drivers with accident-free driving histories have much lower rates in comparison to bad drivers.
- Driver’s Ed – Have your child successfully take a driver’s education course in school.
- Federal Government Employee – Having worked for a branch of the government may reduce rates when you quote Minneapolis auto insurance depending on your company.
- Auto/Home Discount – If you can bundle your auto and homeowners insurance with the same insurance company you will save at least 10 to 15 percent or more.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems may get savings of more than 20%.
Consumers should know that most credits do not apply to the whole policy. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though you would think you would end up receiving a 100% discount, companies don’t profit that way.
The example below illustrates the comparison of Ford Edge annual premium costs with and without discounts applied to the premium. The costs are based on a male driver, no accidents or driving violations, Minnesota state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, multi-car, homeowner, and safe-driver discounts applied.
Some of the insurance companies that may include most of these discounts may include but are not limited to:
When comparing rates, check with each insurance company which credits you are entitled to. Discounts may not apply to policyholders in Minneapolis. If you would like to view insurers who offer insurance discounts in Minneapolis, follow this link.
Special considerations
When it comes to choosing coverage for your vehicles, there really is no single plan that fits everyone. Your financial needs are unique.
Here are some questions about coverages that may help highlight if your insurance needs might need an agent’s assistance.
- Which companies will insure high-risk drivers?
- What are the liability requirements in my state?
- What if an uninsured driver hits me?
- Do I pay less if my vehicle is kept in my garage?
- Do I need added coverage for expensive stereo equipment?
- Do I need medical payments coverage since I have good health insurance?
- Should I get collision insurance on every vehicle?
If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, complete this form.
When should I get advice from an insurance agent?
Some people still prefer to get advice from a local agent and doing that can be a smart decision One of the best bonuses of comparing auto insurance online is you can get cheap auto insurance quotes and still buy from a local agent. Buying from and supporting local insurance agents is important particularly in Minneapolis.
After filling out this form (opens in new window), the coverage information is transmitted to participating agents in Minneapolis who will give competitive quotes to get your business. You don’t have to leave your house because quoted prices will be sent to your email. You can find the lowest rates without having to waste a lot of time. If you wish to compare rates from a particular provider, don’t hesitate to search and find their rate quote page to submit a rate quote request.
Choose the right car insurance agent
When narrowing the list to find local Minneapolis agents, it can be helpful to understand the different types of agencies that you can choose from. Auto insurance policy providers can be described as either exclusive or independent agents depending on their company appointments.
Independent Insurance Agents
Agents that choose to be independent are not restricted to one company and that gives them the ability to insure amongst many companies depending on which coverage is best. If they quote lower rates, an independent agent can move your coverage and you don’t have to switch agencies. If you need lower rates, you definitely need to compare quotes from several independent insurance agents in order to have the best price comparison. They also have the ability to place coverage with companies you’ve never heard of that may have much lower rates than larger companies.
Below is a partial list of independent insurance agents in Minneapolis that may be able to give pricing information.
- Horizon Agency Inc
11000 W 78th St – Minneapolis, MN 55423 – (952) 944-2929 – View Map - Minneapolis Insurance Specialists Team
333 N Washington Ave – Minneapolis, MN 55401 – (612) 460-7796 – View Map - Seguros Amezcua Insurance Agency, Inc
6418 Bass Lake Rd #4 – Minneapolis, MN 55428 – (612) 465-0400 – View Map
Exclusive Auto Insurance Agents
Agents of this type can usually just insure with one company and some examples include American Family, State Farm, and AAA. These agents are unable to provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive agents are highly trained on the products they sell which helps overcome the inability to quote other rates. Some insured continue to use the same agent mostly because of the brand name and the convenience of having a single billing for all their coverages.
Below are Minneapolis exclusive agents who can help you get rate quotes.
- State Farm: Brandon Walter
222 S 9th St #270 – Minneapolis, MN 55402 – (612) 843-8444 – View Map - Farmers Insurance – Gretchen Frana
5445 S 28th Ave – Minneapolis, MN 55417 – (612) 724-4309 – View Map - Farmers Insurance – Steven Wolfson
1516 W Lake St Suite 203 – Minneapolis, MN 55408 – (612) 822-1287 – View Map
Finding the right insurance agency requires you to look at more than just the premium amount. These questions are important to ask:
- Is the agency involved in supporting local community causes?
- Will the agent or a CSR service your policy?
- How experienced are they in personal risk management?
- Do they have a Better Business Bureau rating in Minneapolis?
- Will they take your side in the event of a claim?
- Has the agent ever had any license suspensions?
If you get good responses to any questions you may have as well as low cost Ford Edge insurance quotes, it’s possible that you found a car insurance agent that meets the criteria to provide auto insurance coverage. Just be aware that you can terminate your policy when you choose so don’t assume that you are permanently stuck with the auto insurance policy for a certain time period.
Specific coverage details
Having a good grasp of your insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement.
Auto liability – Liability insurance protects you from injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 30/60/10 that means you have a limit of $30,000 per injured person, $60,000 for the entire accident, and property damage coverage for $10,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability insurance covers claims like pain and suffering, repair bills for other people’s vehicles, medical services and medical expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Minnesota requires drivers to carry at least 30/60/10 but it’s recommended drivers buy higher limits.
The illustration below demonstrates why the minimum limit may not provide you with enough coverage.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like prosthetic devices, doctor visits, X-ray expenses, EMT expenses and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
Collision coverage – Collision insurance pays for damage to your Edge from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like hitting a parking meter, backing into a parked car, hitting a mailbox and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also bump up the deductible on your Edge to get cheaper collision coverage.
Comprehensive auto coverage – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like a tree branch falling on your vehicle, hitting a bird and fire damage. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required (Minnesota limits are 30/60/10), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.
Find affordable rates by being thorough
People switch companies for a variety of reasons including an unsatisfactory settlement offer, lack of trust in their agent, extreme rates for teen drivers and even policy cancellation. Regardless of your reason for switching companies, choosing a new insurance company can be less work than you think.
Budget-friendly insurance in Minneapolis is attainable on the web in addition to many Minneapolis insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies may not have the ability to get quotes online and usually these regional carriers prefer to sell through independent agents.
We just showed you many tips how you can find cheap Ford Edge insurance in Minneapolis. The most important thing to understand is the more quotes you get, the higher your chance of finding cheaper Minneapolis auto insurance quotes. Consumers may even find the lowest priced insurance comes from the smaller companies.
Steps to finding discount Ford Edge insurance in Minneapolis
It takes a little time, but the best way to get discount Ford Edge insurance in Minneapolis is to compare prices once a year from insurance carriers in Minnesota. Prices can be compared by following these guidelines.
First, take a few minutes and learn about the coverage provided by your policy and the changes you can make to lower rates. Many factors that result in higher rates like traffic violations, accidents, and poor credit rating can be amended by making minor changes in your lifestyle.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or Allstate, while independent agencies can quote rates from multiple sources.
Third, compare the new rates to your current policy to determine if you can save on Edge insurance in Minneapolis. If you find better rates and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, tell your current agent or company of your intent to cancel your current policy. Submit any necessary down payment along with the completed application to your new insurance company. As soon as you have the new policy, keep the new proof of insurance paperwork above your visor, in the console, or in the glove compartment.
A tip to remember is to make sure you enter similar limits and deductibles on each price quote and and to get quotes from as many different companies as possible. This ensures a fair rate comparison and a better comparison of the market.
Even more information can be found by following these links: