Trying to find low-cost insurance for a Pontiac Grand Prix in Minnesota can be difficult, but you can learn the following methods and make it easy.
There are more efficient ways to compare auto insurance rates and you need to know the absolute fastest way to compare rates on a Pontiac and obtain the lowest possible price from both online companies and Minneapolis agents.
Discounts mean cheaper rates for Pontiac Grand Prix insurance in Minneapolis
Companies offering auto insurance don’t always publicize their entire list of discounts in a way that’s easy to find, so below is a list some of the best known and also the lesser-known discounts that you may qualify for.
- Lower Rates for Military – Being on active duty in the military could mean lower auto insurance rates.
- Discount for Passive Restraints – Factory air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
- Discounts for New Vehicles – Adding a new car to your policy can save up to 30% because newer vehicles keep occupants safer.
- Auto/Home Discount – If you have multiple policies with the same insurance company you will save up to 20% off your total Grand Prix insurance premium.
- Government Employees – Active or former government employment may reduce rates when you quote Minneapolis auto insurance with certain companies.
- Seat Belt Discounts – Drivers who require all vehicle occupants to buckle up can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
One thing to note about discounts is that some credits don’t apply to your bottom line cost. Most only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like all the discounts add up to a free policy, nobody gets a free ride. Any amount of discount will definitely reduce the cost of your policy.
The best auto insurance companies and a selection of discounts are included below.
- State Farm has savings for good student, good driver, multiple policy, Steer Clear safe driver discount, safe vehicle, and passive restraint.
- GEICO offers discounts including anti-lock brakes, good student, multi-vehicle, membership and employees, military active duty, and multi-policy.
- Allstate may include discounts for resident student, senior citizen, passive restraint, defensive driver, and FullPay discount.
- SAFECO offers discounts for teen safe driver, accident prevention training, anti-lock brakes, multi-car, and bundle discounts.
- Farm Bureau discounts include driver training, multi-vehicle, youthful driver, renewal discount, good student, and safe driver.
- Progressive may have discounts that include online quote discount, multi-vehicle, multi-policy, online signing, good student, and continuous coverage.
- AAA includes discounts for good driver, multi-policy, multi-car, education and occupation, pay-in-full, good student, and AAA membership discount.
Before purchasing a policy, check with every prospective company the best way to save money. Some of the earlier mentioned discounts might not be offered in your area. For a list of insurers with discount auto insurance rates in Minnesota, follow this link.
Reducing your insurance rates is a great way to save money. The only requirement is to spend a few minutes on the computer to compare rate quotes to find the company with the cheapest Pontiac Grand Prix rate quotes.
The companies shown below offer free quotes in Minnesota. If you wish to find the best cheap car insurance in Minnesota, we suggest you visit several of them to get the lowest price.
How do Insurance Companies Determine Pontiac Grand Prix Insurance Premiums?
When buying auto insurance it’s important to understand the rating factors that go into determining the level of your policy premiums. If you have a feel for what controls the rates you pay, this helps enable you to make changes that may result in big savings.
Shown below are some of the most common factors used by insurance companies to determine your prices.
Policy add-ons could be costing you – There are quite a few extra coverages you can purchase on your Grand Prix policy. Coverage for things like replacement cost coverage, accidental death, and extra life insurance coverage could be just wasting money. You may think they are a good idea when talking to your agent, but now you might not need them so eliminate them to save money.
Urban residents pay more – Being located in areas with lower population can be a good thing when shopping for auto insurance. People who live in big cities tend to have more aggressive driving styles and longer commute times. Less people means a lower chance of having an accident in addition to fewer liability claims.
Annual miles is a factor – The higher the miles on your Pontiac in a year the higher your rate. Many insurance companies calculate rates based upon how the vehicle is primarily used. Autos that sit idle most of the time receive better premium rates than those that get driven frequently. Having the wrong rating on your Grand Prix can cost quite a bit. It’s a good idea to make sure your vehicle rating is rated on annual mileage, because improper ratings can cost you money.
Lower rates with continuous coverage – Driving with no insurance is illegal and companies may charge more for letting your insurance lapse. And not only will insurance be more expensive, not being able to provide proof of insurance can result in a license revocation or jail time.
You might get higher premiums if you are single – Being married actually saves money on your policy. Marriage demonstrates that you tend to be more mature than a single person and insurance companies reward insureds because married drivers tend to file fewer claims.
Cut prices and deter theft – Choosing to buy a car with an alarm system can help lower your premiums. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent vehicle theft.
What type of car, truck or SUV do you drive? – The type of vehicle you drive makes a big difference in your car insurance bill. Low performance passenger models usually are quite affordable to insure, but other factors influence the final cost greatly.
When in doubt talk to an agent
When selecting proper insurance coverage for your vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s.
For instance, these questions can help discover whether you could use an agent’s help.
- Is my babysitter covered when using my vehicle?
- Is my dog or cat covered if injured in an accident?
- Is my Pontiac Grand Prix covered for flood damage?
- What is covered by UM/UIM coverage?
- How much liability insurance is required?
- Am I covered when driving in Canada or Mexico?
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and can provide invaluable advice.
Local Minneapolis car insurance agents
A small number of people would rather go talk to an agent and there is nothing wrong with that. Good insurance agents can help determine the best coverages and help file insurance claims. A good thing about comparing auto insurance online is you can get cheap auto insurance quotes but still work with a licensed agent. And supporting local agents is definitely important in Minneapolis.
By using this short form, your coverage information is instantly submitted to agents in your area that can provide free Minneapolis auto insurance quotes for your auto insurance coverage. There is no reason to search for an agent because quoted prices will be sent directly to you. If you want to get a price quote from a specific insurance company, you would need to search and find their rate quote page and give them your coverage information.
If you are wanting to purchase auto insurance from an insurance agent, you must know there are a couple different types of agents and how they operate. Agencies in Minneapolis can be categorized as either exclusive or independent (non-exclusive). Either can write auto insurance policies, but it’s good to learn the difference between them because it can impact the type of agent you choose.
Independent Auto Insurance Agencies
Independent insurance agents are not required to write business for one company so they have the ability to put coverage through lots of different companies and find you the best rates. If prices rise, your agent can just switch to a different company and the insured can keep the same agent. If you need lower rates, it’s recommended you get rate quotes from a couple of independent agencies in order to have the best price comparison. Most can insure with smaller mutual companies which can be an advantage.
Below is a partial list of independent insurance agencies in Minneapolis that can give you pricing information.
- Criterion Insurance Agency
3300 Fernbrook Ln N #170 – Minneapolis, MN 55447 – (800) 701-5909 – View Map - Landreau Insurance Group Inc
2615 E Franklin Ave – Minneapolis, MN 55406 – (612) 276-7035 – View Map - Higgins Insurance
2214 Central Ave NE – Minneapolis, MN 55418 – (612) 789-7231 – View Map
Exclusive Insurance Agents
These type of agents are contracted to one company like Farmers Insurance or State Farm. These agents are unable to compare rates from other companies so they have no alternatives for high prices. These agents are trained well on their products and sales techniques which helps them sell insurance even at higher premiums. Drivers often buy from exclusive agents mainly due to the brand legacy and solid financial strength.
Listed below are exclusive insurance agencies in Minneapolis that are able to give comparison quotes.
- Farmers Insurance – Matthew Nye
2104 Stevens Ave #309 – Minneapolis, MN 55404 – (612) 979-2330 – View Map - Allstate Insurance: Mohamud Isse
331 E Lake St – Minneapolis, MN 55408 – (612) 353-6667 – View Map - State Farm: Seth Bork Insurance Agency Incorporated
8347 University Ave NE D – Minneapolis, MN 55432 – (763) 780-2222 – View Map
Finding the right insurance agent requires more thought than just a cheap price quote. Agents should be asked these questions:
- Do they have a Better Business Bureau rating in Minneapolis?
- Are claim adjusters local or do you have to take your car somewhere else?
- If independent agents, which companies do they recommend?
- Do they have any clout with companies to ensure a fair claim settlement?
- How long have they been in business?
- What insurance companies do they work with in Minneapolis?
- How will an accident affect your rates?
Choosing Pontiac Grand Prix insurance is an important decision
Even though it’s not necessarily cheap to insure a Pontiac in Minneapolis, paying for insurance may be mandatory for several reasons.
- Just about all states have minimum liability requirements which means state laws require a minimum amount of liability in order to license the 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 have a lien on your Grand Prix, almost every bank will force you to buy insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Pontiac at a more expensive rate and require you to pay much more than you were paying before.
- Insurance preserves both your Pontiac Grand Prix and your personal assets. It also can pay for all forms of medical expenses that are the result of an accident. Liability coverage will also pay for a defense attorney if you are sued as the result of an accident. If you have damage to your Pontiac as the result of the weather or an accident, collision and comprehensive coverages will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance are definitely more than the cost, specifically if you ever have a liability claim. But the average driver in Minnesota is overpaying more than $830 a year so it’s important to compare rates once a year at a minimum to ensure rates are competitive.
You can lower your insurance rates
Drivers change insurance companies for any number of reasons including policy cancellation, high rates after DUI convictions, delays in responding to claim requests or not issuing a premium refund. It doesn’t matter why you want to switch switching insurance companies is easier than you think.
Low-cost Pontiac Grand Prix insurance in Minneapolis is definitely available online as well as from insurance agents, so you need to quote Minneapolis auto insurance with both so you have a total pricing picture. Some insurance companies may not have price quotes online and most of the time these regional carriers sell through local independent agents.
When shopping online for insurance, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where an insured cut collision coverage and discovered at claim time that the savings was not a smart move. Your goal should be to purchase a proper amount of coverage for the lowest cost while still protecting your assets.
How to find cheaper quotes for Pontiac Grand Prix insurance in Minneapolis
It takes a few minutes, but the best way to get cheaper Pontiac Grand Prix insurance is to annually compare prices from companies in Minneapolis. Rates can be compared by completing these steps.
- Read about what is in your policy and the things you can change to keep rates low. Many policy risk factors that cause high rates like traffic citations, accidents, and a bad credit score can be remedied by making small lifestyle or driving habit changes.
- Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can provide prices from multiple insurance companies.
- Compare the quotes to the premium of your current policy and see if you can save money. If you find better rates and switch companies, make sure coverage does not lapse between policies.
- Notify your current company of your intention to cancel your existing policy. Submit a completed application and payment for the new policy. Immediately store the certificate of insurance above your visor, in the console, or in the glove compartment.
The key thing to know about shopping around is to try to use similar deductibles and liability limits on each quote request and and to get prices from all possible companies. This helps ensure an accurate price comparison and a complete selection of prices.
More information
- Older Drivers FAQ (iihs.org)
- What Car Insurance is Cheapest for a Ford Escape in Minneapolis? (FAQ)
- How Much are Auto Insurance Rates for a Chevrolet Silverado in Minneapolis? (FAQ)
- Who Has Cheap Car Insurance Rates for a School Permit in Minneapolis? (FAQ)
- Who Has the Cheapest Minneapolis Car Insurance for Drivers with a Bad Driving Record? (FAQ)
- Who Has the Cheapest Minneapolis Car Insurance for State Employees? (FAQ)
- What Insurance is Cheapest for a Toyota Corolla in Minneapolis? (FAQ)
- What Insurance is Cheapest for Drivers with Good Credit in Minneapolis? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Prom Night Tips for Teen Drivers (State Farm)
- Auto Insurance Basics (Insurance Information Institute)