Save Money on Saab 9-3 Insurance in Minneapolis

If you are new to online auto insurance, you may be baffled by the sheer number of insurers that all promise to save you money.

A recent survey discovered that nearly 70% of drivers have remained with the same auto insurance company for a minimum of four years, and almost 40% of drivers have never even compared quotes to find cheaper rates. Minneapolis consumers could save up to 50% every year by just shopping around, but most tend to underestimate how much savings they would realize if they switched.

Locating the best rates in Minneapolis is quite easy. If you have coverage now, you stand a good chance to be able to get lower rates using the ideas you’re about to read. Nevertheless, Minnesota car owners must understand the way companies determine premium rates and use it to your advantage.

Best companies for Saab 9-3 insurance

The providers in the list below are ready to provide quotes in Minneapolis, MN. If multiple companies are listed, we recommend you compare several of them to get a more complete price comparison.

Insurance rate breakdown

The coverage table displayed below covers a range of insurance coverage prices for Saab 9-3 models. Having a good understanding how rates are figured can be useful when making smart choices when purchasing an auto insurance policy.

Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Premium amounts do not factor in specific location which can impact rates significantly.

How high should deductibles be?

A question often asked by Minneapolis drivers is where to set your physical damage deductibles. The figures shown below summarize the difference in cost when you buy lower versus higher deductibles. The first rate table uses a $100 physical damage deductible and the second price table uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Rates do not factor in zip code location which can revise rates greatly.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $27 more each month or $324 annually than buying the higher $500 deductible. Since you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to go more than 15 months between claims, you would probably come out ahead if you decide on a higher deductible.

The information below shows how choosing a deductible and can impact Saab 9-3 premium costs for each different age group. The data assumes a married male driver, comprehensive and collision coverage, and no discounts are factored in.

Should you buy full coverage?

The example below shows the difference between Saab 9-3 insurance rates with and without full coverage. The rates are based on no accidents, no driving violations, $250 deductibles, single marital status, and no discounts are factored in.

When to stop buying comprehensive and collision coverage

There is no definitive guideline to delete comp and collision coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than around 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Saab 9-3 replacement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $2,000 after paying your policy deductible. If you are paying in excess of $200 annually for your policy with full coverage, then it may be the right time to buy liability only.

There are some conditions where buying only liability insurance is not recommended. If you haven’t paid off your loan, you are required to maintain 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 keep full coverage on your policy.

Lower-cost Saab 9-3 insurance in Minneapolis

Insurance can be prohibitively expensive, but there could be available discounts that can dramatically reduce your bill. Many of these discounts will be applied automatically when you complete an application, but a few must be manually applied before you will receive the discount.

• Pay Early and Save – By paying your policy upfront rather than paying monthly you can avoid the installment charge.
• Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of 25 to 30%.
• Life Insurance Discount – Companies who offer life insurance give better car insurance rates if you take out life insurance from them.
• Anti-lock Brakes – Cars equipped with ABS or steering control can stop better under adverse conditions and earn discounts up to 10%.
• Accident Forgiveness – This one is not really a discount per se, but companies like Progressive, Allstate, and Liberty Mutual will let one accident slide before they charge you more for coverage if your claims history is clear for a set time period.
• Discounts for Seat Belt Usage – Requiring all passengers to wear their seat belts can save 10% or more off PIP or medical payments premium.

You can save money using discounts, but most discount credits are not given to your bottom line cost. Most only reduce individual premiums such as liability, collision or medical payments. If you do the math and it seems like you could get a free car insurance policy, it’s just not the way it works. Any amount of discount will definitely lower the cost of your policy.

The diagram below visualizes the comparison of Saab 9-3 insurance costs with and without discounts applied to the rates. The information is based on a male driver, no accidents or driving violations, Minnesota state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, marriage, homeowner, and safe-driver discounts applied.

A partial list of companies that may have some of the discounts shown above may include but are not limited to:

• State Farm
• Progressive
• Progressive
• MetLife
• Farm Bureau
• GEICO
• SAFECO

Before you buy a policy, ask all the companies which discounts can lower your rates. Depending on the company, some discounts might not apply everywhere. To see providers that offer some of these discounts in Minnesota, click here.

Do I need a local insurance agent?

Some people still like to get professional advice from a licensed agent and that is OK! A nice benefit of comparing insurance prices online is the fact that drivers can get cheaper prices and still choose a local agent.

After filling out this simple form, the quote information is emailed to companies in Minneapolis who will give you bids and help you find cheaper coverage. There is no reason to search for any insurance agencies since price quotes are sent to you. It’s the lowest rates without having to waste a lot of time. In the event you want to compare prices from one company in particular, you can always jump over to their website and give them your coverage information.

Deciding on a insurer requires you to look at more than just the bottom line cost. Ask your prospective agent these questions:

• Are they primarily personal or commercial lines agents in Minneapolis?
• Do they review policy coverages at every renewal?
• Do they have 24-hour customer assistance?
• Can glass repairs be made at your home?
• Do you need full coverage on every vehicle?
• Do they offer accident forgiveness?

When looking for a reputable agency, it’s helpful to know the types of agencies and how they work. Agents are considered either independent or exclusive depending on the company they work for.

Exclusive Car Insurance Agents

These type of agents write business for a single company like Farmers Insurance, American Family, State Farm and Allstate. They usually cannot compare rates from other companies so it’s a take it or leave it situation. They receive extensive training in insurance sales and that allows them to sell at a higher price point. Some people will only use the same agent mostly because of the brand name and strong financial ratings.

The following are exclusive insurance agents in Minneapolis who may provide you with rate quotes.

• Farmers Insurance – Natalie Fox
  210 N 2nd St #70 – Minneapolis, MN 55401 – (612) 208-0276 – View Map
• Farmers Insurance: Travis Marcellus
  2846 Johnson St NE – Minneapolis, MN 55418 – (612) 789-4341 – View Map
• Jeff Meyer – State Farm Insurance Agent
  4316 S Upton Ave – Minneapolis, MN 55410 – (612) 920-2340 – View Map

More insurance agents

Independent Car Insurance Agencies

Agents that choose to be independent often have affiliation with several companies and that enables them to quote your coverage through many different car insurance companies and find you cheaper rates. If they find a lower price, they simply move your policy to a different company and you stay with the same agent.

If you need cheaper car insurance rates, you should always get several quotes from several independent agencies to maximize your price options. Most also have access to less well-known companies which could offer lower prices.

The following is a short list of independent insurance agencies in Minneapolis who can help you get comparison quotes.

• Moreno Agency – Innovative Insurance
  4748 Chicago Ave #2 – Minneapolis, MN 55407 – (612) 584-0077 – View Map
• 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

More insurance agents

How much can you save?

When you buy Minneapolis auto insurance online, you should never reduce needed coverages to save money. There are many occasions where drivers have reduced liability limits or collision coverage and found out when filing a claim they didn’t have enough coverage. The aim is to purchase a proper amount of coverage at a price you can afford but still have enough coverage for asset protection.

Throughout this article, we presented a lot of techniques to find cheap Saab 9-3 insurance in Minneapolis. The most important thing to understand is the more you quote Minneapolis auto insurance, the better chance you’ll have of finding cheaper Minneapolis auto insurance quotes. Drivers may even discover the lowest rates come from a company that doesn’t do a lot of advertising.

People change insurance companies for a variety of reasons including extreme rates for teen drivers, denial of a claim, high rates after DUI convictions or an unsatisfactory settlement offer. It doesn’t matter why you want to switch choosing a new insurance company can be easier than you think.

Steps to saving money on Saab 9-3 insurance in Minneapolis

It takes a little time, but the best way to find lower priced Saab 9-3 insurance is to start doing an annual price comparison from providers that sell auto insurance in Minneapolis. Prices can be compared by following these guidelines.

1. Try to understand auto insurance and the factors you can control to lower rates. Many policy risk factors that result in higher prices like distracted driving and a less-than-favorable credit rating can be rectified by making minor driving habit or lifestyle changes.
2. Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like Progressive and State Farm, while independent agencies can provide prices for a wide range of companies. Select a company
3. Compare the price quotes to your existing rates to see if a cheaper rate is available in Minneapolis. If you find a better price and change companies, make sure coverage is continuous and does not lapse.
4. Provide notification to your current company of your intent to cancel your existing policy and submit the signed application along with the required initial payment to your new carrier. As soon as you receive it, safely store the proof of insurance certificate with your vehicle’s registration.

A crucial key to this process is to use similar deductibles and liability limits on every price quote and and to get price estimates from as many car insurance companies as possible. Doing this guarantees an accurate price comparison and plenty of rates choose from.

More information can be read on the following sites:

• Top Signs Your Brakes are Giving Out (State Farm)
• Who Has the Cheapest Car Insurance for Drivers with Accidents in Minneapolis? (FAQ)
• Who Has Affordable Minneapolis Auto Insurance for 19 Year Olds? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a Honda CR-V in Minneapolis? (FAQ)
• Safety Tips for Teen Drivers (Insurance Information Institute)
• Electronic Stability Control FAQ (iihs.org)
• Distracted Driving Statistics (Insurance Information Institute)
• Crash Avoidance Technologies FAQ (iihs.org)