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Cheapest Cars to Insure Albert Lea MN

If a particular car make and model is expensive to repair or replace, then collision coverage is more expensive. For example, a Mercedes is relatively expensive to insure because parts and labor are expensive and, in case of destroyed vehicles, expensive to replace.

Klatt- David J
(507) 373-2377
106 S Broadway Ave
Albert Lea, MN
 
Rechtzigel- Gary E - State Farm Insurance Agent
(507) 373-7717
1506 East Main Street
Albert Lea, MN
 
Allstate Insurance Companies
(507) 373-7074
206 West Clark Street
Albert Lea, MN
 
New Richland Insurance
(507) 465-8111
132 Broadway Avenue North
New Richland, MN
 
Schmitz- Mark S
(507) 553-5028
10 N Broadway
Wells, MN
 
American Family Insurance
(507) 377-7328
1907 East Main Street
Albert Lea, MN
 
Vanderwaerdt- Nancy
(507) 377-0227
504 Bridge Ave
Albert Lea, MN
 
Dawald- Jc
(641) 324-2141
88 8th St N
Northwood, IA
 
Meyer- Gregory L
(507) 433-3489
1110 1st Ave SW
Austin, MN
 
Justice- Steven R - State Farm Insurance Agent
(507) 437-4447
108 3rd Avenue Northwest
Austin, MN
 

Cheapest Cars to Insure

Auto insurance companies set premium rates based largely on statistical data that shows how frequently claims have been paid over a 3 year period for each car make/model. The assumption is that if a particular model has had a high rate of insurance losses in the past, it will continue to have losses and claims at the same rate in the future. Owners of those models will pay higher car insurance premiums than owners of other vehicles.

Repair cost is a factor in auto insurance cost
Insurance companies look at a number of factors when establishing rates. Collision data is one of the major factors. In insurance terminology, collision coverage pays for accident damages to a vehicle.

If a particular car make and model is expensive to repair or replace, then collision coverage is more expensive. For example, a Mercedes is relatively expensive to insure because parts and labor are expensive and, in case of destroyed vehicles, expensive to replace.

Frequency of accidents is another factor
Another part of looking at collision data is how often a particular vehicle is involved in accidents. Cars that have a high accident rate cost more to insure. Since cars don't have accidents by themselves (actually there was the Audi 5000 back in the 80's), accident rates are directly related to the kind of individuals who drive the cars.

Subaru Inpreza WRX has the highest insurance rate of any vehicle in its class. The reason is not that it is an expensive c...

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