Loretto Auto Insurance Rates, Quotes, Agents & Reviews in MN

Loretto, MN Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Loretto, 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.

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Factors that can influence the cost of car insurance in Loretto, 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.


Loretto, MN Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Loretto, MN with that of other cities in and around Loretto.

Loretto Long Lake Maple Plain Greenfield Independence Corcoran
Average Insurance Rates $1,336 $1,358 $1,325 $1,438 $1,467 $1,378

Loretto, 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 Loretto, 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)
Loretto $1,512 $1,277
Medina $1,709 $1,443
Maple Plain $1,859 $1,570
Greenfield $1,504 $1,270
Corcoran $1,744 $1,473
Independence $1,899 $1,604
Long Lake $1,275 $1,077
Rockford $1,174 $992

Loretto, MN Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Loretto, 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 $4,335
20 Years $1,717
30 Years $1,322
40 Years $1,272
50 Years $1,178
60 Years $1,194
70 Years $1,390

Loretto, MN Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Loretto, 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 $2,298 $374
3 Vehicles $3,447 $561
4 Vehicles $4,596 $748

Savings on 2 Vehicles bundle:$374

Savings on 3 Vehicles bundle:$561

Savings on 4 Vehicles bundle:$748


Loretto, 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 Loretto, MN.

Location Average Insurance Cost Post DUI Insurance Rate
Loretto $1,336 $2,439
Medina $1,592 $2,907
Maple Plain $1,325 $2,419
Greenfield $1,438 $2,625
Corcoran $1,378 $2,516
Independence $1,467 $2,678
Long Lake $1,358 $2,479
Rockford $1,676 $3,060

Loretto, 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) $1,146
Excellent (740-799) $1,308
Good (670-739) $1,392
Average (580-669) $1,816
Poor (300-579) $2,179

Loretto, 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
Windridge Ltd None Po Box 470 , Long Lake, 55356 None
Advisornet Property & Casualty Travelers 701 FOURTH AVE S STE 1620, MINNEAPOLIS, 55415 866-896-0281
Ameristar Agency Inc Travelers 800 E WAYZATA BLVD STE 250, WAYZATA, 55391 763-542-8377
Anchor Insurance Agency Travelers 3131 FERNBROOK LANE NORTH STE 111, PLYMOUTH, 55447 763-473-4090
Dan Schroeder State Farm 3900 Vinewood Ln N Ste 15, Plymouth, 55441-1155 763-557-2926
L L Brustad And Associates Inc Travelers 3309 CASCO CIR, WAYZATA, 55391 612-201-3906
Blackburn Nickels & Smith Inc Travelers 540 N WILLOW DR, LONG LAKE, 55356 612-564-1605
Hni Risk Services Llc Liberty Mutual Independent 6750 France Ave S, EDINA, 55435 (952) 831-0607
Michael Halonen Farmers 600 Twelve Oaks Center Dr Ste 101, Wayzata, 55391 (952) 253-0075
Paragon Insurance Group, Llc None 18281 Minnetonka Blvd Ste A Wayzata, Deephaven, 55391 None
Anchor Insurance Agency Llp Travelers 3131 FERNBROOK LN 111, PLYMOUTH, 55447 763-473-4090

Loretto, 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 +$59 $1,395
Driver's Failure In Showing Documents +$130 $1,466
Driving With An Expired Registration +$138 $1,474
Driving At A Considerably Slow Pace +$290 $1,626
Using A Cellphone While Driving +$306 $1,642
Running A Red Light +$311 $1,647
Speeding +$327 $1,663
Driving A Vehicle Without The Required Permission +$415 $1,751
Driving With An Expired/Suspended License +$900 $2,236

Loretto, 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 $1,283
Active Disabling Device $1,283
Tracking Device $1,256
Passive Disabling Device $1,242