Lake Benton, MN Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Lake Benton, MN, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Factors that can influence the cost of car insurance in Lake Benton, MN are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Lake Benton, MN Auto Insurance Rates
- Lake Benton, MN Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Lake Benton, MN
- Multi Vehicle Insurance Savings in Lake Benton, MN
- How Credit Score Affects Car Insurance Rates in Lake Benton, MN
- How DUI Affects Auto Insurance Premiums in Lake Benton, MN
- Top Auto Insurance Agents Near Lake Benton, MN
- How Driving Violations Affect Auto Insurance Rates in Lake Benton, MN
- Lake Benton, MN Auto Insurance Discounts on Anti Theft Feature
Lake Benton, MN Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Lake Benton, MN with that of other cities in and around Lake Benton.
| Lake Benton | Fountain Prairie | Drammen | Verdi | Marshfield | Tyler | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,230 | $1,311 | $1,287 | $2,104 | $1,291 | $2,008 |
Lake Benton, MN Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Lake Benton, MN based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Lake Benton | $1,611 | $1,361 |
| Verdi | $1,405 | $1,187 |
| Diamond Lake | $1,473 | $1,244 |
| Drammen | $1,382 | $1,168 |
| Hope | $1,350 | $1,141 |
| Tyler | $1,544 | $1,304 |
| Fountain Prairie | $1,816 | $1,534 |
| Marshfield | $1,330 | $1,123 |
Lake Benton, MN Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Lake Benton, MN usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $3,991 |
| 20 Years | $1,580 |
| 30 Years | $1,217 |
| 40 Years | $1,171 |
| 50 Years | $1,085 |
| 60 Years | $1,100 |
| 70 Years | $1,280 |
Lake Benton, MN Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Lake Benton, MN can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,140 | $320 |
| 3 Vehicles | $3,210 | $480 |
| 4 Vehicles | $4,280 | $640 |
Savings on 2 Vehicles bundle:$320
Savings on 3 Vehicles bundle:$480
Savings on 4 Vehicles bundle:$640
Lake Benton, MN Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Lake Benton, MN.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Lake Benton | $1,230 | $2,246 |
| Verdi | $2,104 | $3,841 |
| Diamond Lake | $1,334 | $2,436 |
| Drammen | $1,287 | $2,350 |
| Hope | $1,311 | $2,394 |
| Tyler | $2,008 | $3,666 |
| Fountain Prairie | $1,311 | $2,394 |
| Marshfield | $1,291 | $2,357 |
Lake Benton, MN Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,055 |
| Excellent (740-799) | $1,205 |
| Good (670-739) | $1,282 |
| Average (580-669) | $1,672 |
| Poor (300-579) | $2,006 |
Lake Benton, MN Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Farm & Home Agency Incorporated | None | 112 North Hiawatha, Pipestone, 56164 | None |
| Kozlowski Ins. Agency & Fin. Services, Inc. | None | 401 8Th Avenue Se, Pipestone, 56164 | None |
| Swis Insurance Agency, Inc. | None | 293 North Street, Tyler, 56178 | None |
| Pat Foerster | State Farm | 122 E Main St, Luverne, 56156-1831 | 507-283-4401 |
| The Estenson Co Inc | Allstate | 419 E Main, Luverne, 56156 | (507) 283-2386 |
Lake Benton, MN Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$54 | $1,284 |
| Driver's Failure In Showing Documents | +$119 | $1,349 |
| Driving With An Expired Registration | +$127 | $1,357 |
| Driving At A Considerably Slow Pace | +$267 | $1,497 |
| Using A Cellphone While Driving | +$282 | $1,512 |
| Running A Red Light | +$287 | $1,517 |
| Speeding | +$301 | $1,531 |
| Driving A Vehicle Without The Required Permission | +$383 | $1,613 |
| Driving With An Expired/Suspended License | +$829 | $2,059 |
Lake Benton, MN Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,181 |
| Active Disabling Device | $1,181 |
| Tracking Device | $1,156 |
| Passive Disabling Device | $1,144 |