Minneapolis Car Insurance and Car Parking

Breaking a parking rule won’t necessarily break your Minneapolis car insurance budget.

Driving is made easy when you follow the parking rules and carry the right Minneapolis car insurance coverage.

Parking is a necessary evil if you want to park in downtown. And even if you think you have followed every parking rule they have there, you may still end up with a parking ticket.

But don’t fear, because the fine for the parking ticket is the only extra money you will have to pay out. Your Minneapolis car insurance company doesn’t look at parking tickets as a reason to increase your insurance premium.

Minneapolis Parking Advice

The City of Minneapolis was kind enough to put together the following list for those that park downtown on how to avoid getting a parking ticket. The list was so perfect the way it was that I just had to share straight from the http://www.minneapolismn.gov website:

1. Watch for permanent and temporary signs
2. Read parking meters
3. Stay away from corners of intersections
4. Leave bus stops for buses
5. Park safely at schools
6. Use off-street parking
7. Know the difference between “No Parking” and “No Stopping”
8. Respect residential parking restrictions
9. Pay special attention to signage and parking meters in the Warehouse District
10. Know the Snow Emergency Rules

For the details on each ways to avoid a ticket, visit the cities website.

Parking Tickets Don’t Affect Minneapolis Car Insurance Rates

If you get ticketed for any of the above parking violations, you can rest easy that the ticket will not affect your Minneapolis car insurance rates. If you get enough of them, you will definitely have some issues with law enforcement, but not your insurance company.

However, at-fault car accidents and other moving violations (speeding tickets, reckless driving, etc.) will definitely help increase your car insurance rates.

The Bare Minimum Minneapolis Car Insurance

If you are looking to save some money on your car insurance because you have received too many parking tickets, or your insurance rates are too high because of the multiple traffic violations you have been ticketed for, there is a way to decrease your insurance cost. Instead of carrying the coverage that you need to protect your vehicle if it gets damaged, all you really need to be able to drive is the minimum Minneapolis insurance coverage that is required.

While we don’t recommend driving with just the minimum requirements, to save money you really only have to carry the following to be able to legally drive:

• Personal Injury Protection (PIP)
• Bodily Injury Liability Coverage (BI)
• Property Damage Liability Coverage (PD)
• Underinsured Motorist Coverage (UIM)
• Uninsured Motorist Coverage (UM)

The PIP, UIM, and UM coverages are all required to protect you and your vehicle. The PIP coverage pays for medical expenses and the UM/UIM coverages pay for damages to your vehicle if the person that is at fault for the accident doesn’t have enough insurance or doesn’t have any insurance at all.

The BI and PD coverages are both liability coverages that pay for the damage you cause to another person or their property.

Again, we don’t recommend that you drive around with just the required Minneapolis car insurance coverage because they don’t offer the full protection you need, but we also understand that sometimes you have to cut corners somewhere.