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Cheapest Cars to Insure Owatonna 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.

Allstate Auto Insurance
(888) 355-7971
1414 S Oak Ave Ste 3
Owatonna, MN
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Carroll- Steven E - State Farm Insurance Agent
(507) 455-1660
215 22nd Street Southeast
Owatonna, MN
 
Plemel Insurance Agency Inc - State Farm Insurance Agent
(507) 451-4619
920 Hoffman Drive
Owatonna, MN
 
Keith N Shaffer Ins Agency Inc
(507) 334-7542
32 4th St NW
Faribault, MN
 
Langerud- Anthony P - State Farm Insurance Agent
(507) 334-3351
511 4th Street Northwest
Faribault, MN
 
Allstate Auto Insurance
(888) 355-7971
402 Glendale St
Owatonna, MN
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Kreutter- Jonathan P
(507) 451-4866
203 S Oak Ave
Owatonna, MN
 
Gmi/Ritter Insurance Asso
(507) 455-0161
301 S Oak Ave
Owatonna, MN
 
Butler- Gloria A - State Farm Insurance Agent
(507) 835-8301
215 2nd Avenue Northeast
Waseca, MN
 
New York Life
(507) 583-2200
325 West Main Street
Blooming Prairie, 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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