Residents of Rochester, Minnesota, pay less for their insurance than the majority of residents in the US, with Minnesota's average quotes less than over 30 states. But in some cases, you get what you pay for, and Rochester insurance is not something you want to skimp on. Not having adequate auto insurance can cost you thousands of dollars if you are found liable for an accident.
Rochester Insurance Requirements
Like most states, Minnesota requires a certain amount of liability insurance:
- Bodily Injury: $30,000/person up to $60,000 per accident. This covers the medical costs of those in the other car.
- Property Damage: $10,000. This amount pays for any property you damage in the accident.
These amounts won't go far if you are in a serious accident. For example, if you hit a car and the other driver has medical bills that are over $30,000, you have to come up with the remaining balance that your insurance won't cover. Same with property damage--if you crash into a storefront and damages are over $50,000 but you only have state minimums, you will have to come up with the other $40,000. Not only that, but state minimums don't cover damages to your own vehicle.
Playing It Safe with Rochester Insurance
When shopping for Rochester insurance quotes, your best bet is to increase your liability coverage and add additional coverage to cover your own car repair and medical costs.
Rochester insurance quotes with adequate coverage will include the following:
- Bodily Injury: $100,000 per person/$300,000 per accident
- Property Damage: $50,000
- Uninsured/Underinsured: $25,000 per person/$50,000 per accident
- Comprehensive: $500 deductible. This covers repair or replacement costs to your car after your deductible for non-accident related occurrences, like fire or theft.
- Collision: $500 deductible. This covers your car's repair costs after an accident, minus your deductible.
The more coverage you have, the more money you will pay for your insurance because the more risks you are covering. However, you can still save on your Rochester insurance quotes without having to skimp on coverage. Ways to save include:
- Keeping a safe driving record. Your insurance will increase by up to 40% or more with an accident on your record and up to 25% for just one ticket, so driving safe and avoiding tickets can keep your rates down.
- Raising your deductible. This is a fast and easy way to save. The higher your deductible, the lower your rates. Going from a $500 deductible to a $1,000 deductible can save you more than $20 a month on your insurance.
- Finding discounts. There are many discounts available for drivers; for example, if you are a student with a B average or better, retired, or have a clean driving record you could be eligible for discounts.
- Comparison shopping. This is the best way to find a good deal on your insurance. You can call around multiple insurance companies, or you can let netquote.com do all the work for you for free. This site will provide multiple Rochester insurance quotes in minutes.
Making sure you are adequately covered can save you money in the long run.