The North Star State is positively booming these days. With the high population density of the Twin Cities, insurers are clamoring for your business. Fortunately, this means that you can find great deals if you look around enough. Minnesota insurance is a relative steal by making intelligent choices. For example, combining your home, auto, business, life, and health insurance policies almost certainly will lead to lower Minnesota insurance quotes. Learn the facts, and the perfect policies are yours.
Know the Laws
Even outside of the Twin Cities, driving without car insurance is a huge mistake. State law requires every driver to have a 30/60/10 policy: bodily injury liability limits of $30,000 per injured person, up to a total of $60,000 per accident, and property damage liability coverage with a minimum limit of $10,000. To fully protect yourself and your passengers, all Minnesota insurance quotes must also include uninsured/underinsured motorist coverage of at least $25,000/$50,000, as well as personal injury protection of $40,000. If you fail to show proof of a policy with all these minimum coverages, you'll be charged with a misdemeanor. Fines begin at $250, though you may be subject to a $1,000 fine, up to 90 days in jail, and license suspension.
Keep Discounts in Mind
If you truly want lower Minnesota insurance quotes, it's time to really look around for the best deals. And the decisions you make along the way will influence what you find. For example, a 28-year-old man in St. Paul who acts irresponsibly, either by a traffic violation or letting his insurance lapse, can add $150 or more to his annual premium, even if he drives a car that's relatively inexpensive to replace. Always consider the ramifications of your decisions if you want affordable Minnesota auto insurance quotes. A Minneapolis woman who adds her husband to her policy can save $300 per driver. By taking advantage of the Twin Cities' excellent public transportation, they can save even more.
Understanding Home Insurance Costs
When deciding how much coverage you need for your home and possessions, take the time to understand the costs. In Minneapolis, the price per square foot for your home averages $88. For a 2,500 square foot house, this translates to dwelling coverage of $220,000. Keep in mind that your possessions will typically be covered for 50% of the dwelling policy; you may need additional coverage. Then, figure out ways to lower your Minnesota home insurance quotes. The average premium in the North Star State is $755, but you can lower that to around $720 with burglar alarms and deadbolt locks. Also consider enhancing your fire protection-smoke alarms and extinguishers can save you up to 15%.
Ready for the Flood
Flood damage falls under federal protection, so you'll need to purchase an additional policy if you want that coverage. Just remember, a significant number of people in the Land of 10,000 Lakes believe it's worthwhile. Whatever you do, be sure you're familiar with all of your options. This is the simplest way to save money on Minnesota insurance quotes. You don't even have to take a break from your exercise routine if you turn over the comparison shopping to a free, easy service like NetQuote.com. You'll have that much more time to watch the Twins, Vikings, and Timberwolves.
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