Auto Insurance tips for drivers in Minneapolis MN

In Minneapolis, MN, you will probably need a car to get around, even though there is access to some public transportation. So if you are a driver, you will need auto insurance of some kind, preferably from a local broker like Calhoun Risk Management who serves the greater Minneapolis area. There are a variety of different types of auto insurance available and below are some tips for those with policies in Minneapolis for what type of policy to set up, based on what type of car they drive, how often they drive or what type of coverage is most suitable for them.

LIABILITY INSURANCE

This is an absolute must for any driver on the road in Minneapolis, MN because it will protect all of those involved in the event of an accident. This is the minimum insurance one needs to legally drive in Minnesota, and it covers the physical damage to other vehicles or medical damage up to a certain amount when an accident is deemed to be your fault. Make sure this aspect of your auto insurance policy is always in effect while driving in Minneapolis.

BODILY INJURY LIABILITY

The most expensive part of any bad auto accident can usually be the medical costs those involved may incur. The cost of repairing the vehicle itself will be nothing compared with medical bills for someone who is seriously injured, so if you drive a lot or are worried about the cost of bodily injury to yourself or someone else, this bodily injury policy is a good addition.

FIRE AN THEFT COVERAGE

It may also be a good idea to have coverage for your car catching on fire or being stolen in a place like Minneapolis, MN, as cars tend to overheat in the summers here and there are a large number of people in this big city, making theft more likely.

Why Auto Insurance Varies From State to State

If you have just moved to or from Minneapolis, MN, you may notice that insurance is more or less than you were expecting in a different state. This can be confusing, as many people expect to pay around the same amount since their car is still worth the same amount of money. However, auto insurance varies from city to city and state to state. Here are a few of the reasons why.

Minimum Coverage Varies From State to State

One of the biggest reasons why car insurance varies from state to state is because different states have different basic policy limits. If you only buy the minimum amount of insurance needed, you may find that insurance increases or decreases if the states require more or less insurance.

Some States Have Higher Car Theft Rates

Another reason why car insurance rates are higher or lower in certain states is that car theft rates vary from state to state. If one state has a higher incident of car thefts, auto insurance will be higher in this state as the car insurance company has to pay out on these claims more.

Some States Have Higher Accident Rates

The last reason auto insurance rates vary from state to state is that you are more likely to get in a car accident in some states. If you live in an area with a higher accident rate, your insurance will likely be higher to compensate for the higher likelihood of you being in an accident and insurance having to pay out because of it.

If you are looking to purchase auto insurance in the greater Minneapolis, MN area, contact (insert company name) today. They would love to help you figure out how to get an affordable policy that best meets your needs. Give them a call today to get a free quote.