4 Tips to Lower Your Car Insurance

As a driver, you must maintain a car insurance policy to drive legally in Minnesota.  It ensures compensation after an accident. However, this responsibility can be expensive. Luckily, there are a few ways you can decrease your monthly premiums and alleviate stress. Below are some of the most significant steps to take.

How to Decrease the Cost of Car Insurance

1. Take a Defensive Driver’s Course

Insurance companies base their premium costs on many factors, including your perceived risk as a driver. The higher they believe this risk to be, the more they’ll charge you to offset any potential claims. If you are age fifty-five or older, taking a defensive driver’s course leads to a decrease in your monthly premium.  Minnesota state statutes require at least a 10% reduction. It shows insurers that you are actively trying to avoid accidents. 

2. Bundle Your Coverage

Many companies offer various coverage options, from life and homeowners insurance to renters & townhome policies. To increase their customer base & retention, insurance companies will offer discounts to people who bundle all their coverage needs with the same company. If you currently utilize multiple companies, consider bringing the insurance plans together to make the most available discounts.

3. Raise Your Deductible

Your deductible refers to the out-of-pocket amount you must pay when filing a claim. Because insurers want to limit their spending, they give lower premiums for high deductibles. If you can, consider raising the deductible to offset your monthly expenses.

However, you should only set your deductible to an amount that you can pay at any given time. For example, if you only have $1,000 in savings, setting your deductible to $2,000 could leave you in a financial bind after an unexpected claim. 

4. Use an Independent Insurance Agency

Insuring Minnesota is an independent insurance agency. We work for you by shopping over 25 companies to find you the best value.  Why work with an agency that only has one company?  At Insuring Minnesota, we give you a choice. A choice in insurance companies and options in coverage.

Independent insurance agencies offer one-stop shopping.  Independent agents will save you time and money because they do the leg work. They also provide unbiased advice.


If you need a comprehensive car insurance policy, look no further than Insuring Minnesota. This reputable insurance agency, located in Lakeville, MN, offers coverage statewide.  Customized policies at affordable rates and a choice in companies. Whether you need insurance for liability, business, or life, they can help. Call 952-469-0425 or visit our website to request a quote.

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