What Is Uninsured Motorist Coverage?

To fully protect your vehicle in Minneapolis, MN, you should consider investing in uninsured/underinsured motorist coverage. Although Minnesota state law requires UI/UIM coverage, the state minimums may not cover the cost to replace your vehicle and pay for medical care if you get hit by a driver with no insurance. At Calhoun Risk Management, we can audit your existing coverage and make suggestions on the best way to protect your family.

Uninsured Motorist Coverage Explained

Most states, including Minnesota, have laws requiring drivers to carry certain auto coverage. However, not all drivers comply with the law. If one of them hits your vehicles, you are left to cover the cost of repair or replacement. However, with uninsured motorist coverage, your own insurance pays for vehicle damage caused by a driver who has no insurance.

What Does Uninsured Motorist Insurance Cover?

Here are different scenario typically covered by uninsured motorist coverage:

  • Uninsured motorist coverage reimburses you for damage caused by a driver with no insurance. If your automobile receives significant damage in an accident an uninsured driver causes, your uninsured motorist coverage kicks in to pay for damages up to your coverage cap. 
  • Uninsured motorist coverage often covers hit-and-run accidents. Whether you have a minor dent or a totaled vehicle, you may have to cover the damages if the responsible driver flees the scene of the accident without giving your insurance information.  If you don’t know who hit you, uninsured motorist coverage may pay for the damages, depending on how your policy is set up. 
  • Uninsured motorist coverage sometimes pays for bodily injury. Depending on what coverage you choose, your insurance may cover injuries you suffer from an accident caused by an uninsured driver. If your injuries exceed the coverage of your PIP policy, uninsured motorist coverage can provide additional protection from financial loss.

Contact Calhoun Risk Management in Minneapolis, MN to set up an appointment to discuss your insurance policy today.

How do insurance needs change once a vehicle has been paid off?

Owning a vehicle outright is a goal for many people in the greater Minneapolis, MN area. But something that you may not consider when striving for this goal is the impact that it will have on your auto insurance. The team at Calhoun Risk Management is here to support you in this goal and let you know the facts when it comes to insuring a vehicle that you own. If you’re getting close to paying off your car or truck, come talk to us and find out what changes you may need to make to your insurance policy.

Insurance Options for Your Non-Financed Vehicle

Many people drop their insurance to the lowest possible level once the vehicle is paid off. Financing companies typically require that a certain amount of coverage be assigned to the vehicle to protect their interests. While it may be tempting to drop below those levels and carry the minimum amount possible, it could be a decision that has future negative consequences. 

You will need to make sure that you have adequate insurance to repair or replace your vehicle should be involved in an accident. With minimum insurance coverage, you may have to replace your paid-for vehicle with something that is less reliable than what you currently have. Meeting with a knowledgeable agent can help you determine what policy types and levels are appropriate for your new situation. Paying off your car is an exciting event for everyone!

Have you reached your goal of paying off your vehicle? It’s important to review your policy and ensure that it contains the protection you need. If you’re in the greater Minneapolis, MN area, call or stop by Calhoun Risk Management today and learn more about the available options.

Smart Safety Tips for Cold Weather Driving

Holiday driving can be challenging enough without adding cold weather conditions to the mix. If you’re planning to travel this holiday season, these safety tips from Calhoun Risk Management in Minneapolis, MN can help keep you safe (and sane) on the road.

Service Your Vehicle

Service your vehicle for winter to make sure all systems are working properly. Check your fluids, wipers, battery, lights, brakes, and tires. Buy new tires, if needed, to keep you safe on the road.

Pack an Emergency Kit

Don’t leave home without a winter emergency kit in case you break down or are stuck in traffic during bad weather. Your kit should include warm blankets, first aid kit, jumper cables, flares, flashlight, cell phone charger, ice scraper, shovel, drinking water, and healthy snacks.

Inspect Mirrors before Traveling

If your outside mirrors are iced over, chances are the roads are as well. This gives you a heads-up on conditions for driving. If you can, you should wait until the weather warms up before hitting the road.

Drive Only When Necessary

Avoid driving when winter weather conditions are at their worst. Driving in a snowstorm to pick up a few things from the store could be a recipe for disaster. Check weather forecasts before heading out and stick to well-lit, well-traveled roads.  

Drive Defensively

Drive defensively and be prepared for delays. Give yourself plenty of time to reach your destination safely. Go the flow of traffic around you, not too slow and definitely not too fast. Keep a safe distance behind drivers in front of you to reduce the risk of rear-end collisions. Avoid distractions that take your eyes and mind off the road.

Update Auto Insurance

Update your auto insurance coverage to protect you against any eventuality on the road. Contact Calhoun Risk Management in Minneapolis, MN, today for all your auto insurance needs.

First-Time Car Insurance Buying Tips

When you are purchasing car insurance for the first time, you may have many questions. At Calhoun Risk Management, serving Minneapolis, MN, our agents can help. Here are a few first-time car insurance buying tips that can help you when it comes to purchasing your first policy. 

Take the Time to Get Quotes From Multiple Companies

Prior to purchasing any auto insurance policy, it is wise to get quotes from multiple companies. This helps you get a feel for how much auto insurance may cost and what types of auto insurance policies are out there. Pay close attention to not only the price but the reputation of the company who is issuing the auto insurance policy as well when you are comparing quotes. 

Educate Yourself on Auto Insurance Lingo

Auto insurance companies may use a lot of lingo that you may not be familiar with. Prior to shopping for auto insurance, take the time to read up on different auto insurance terms that are frequently used in the industry and what the meaning of these words are. This can be vital to helping you understand exactly what you are agreeing to and getting when buying a car insurance policy. 

Carefully Consider Deductible Amounts and Coverage Limits

Lastly, take the time to carefully consider the available deductible amounts and coverage limits. Every person has different needs, and as such, their deductible needs and coverage limits vary. You want to find a policy that works best for you and provides you with the coverage you need, so carefully consider these two important factors. 

Now is a great time to get started buying your car insurance policy. When you are ready to get started, we are here to help. Contact Calhoun Risk Management, serving Minneapolis, MN now. 

How much auto insurance do you need in Minneapolis?

Minneapolis, MN is best known for its lakes and parks that create a balance between city life and nature. The Mall of America is another attraction that draws thousands of tourists to the city every year. 

With so many newcomers and short-term visitors, you may begin to wonder if your insurance policy is enough to accommodate the steady flow of people. Calhoun Risk Management can help you figure out a few things. 

Minnesota Auto Insurance Requirements

The state of Minnesota requires all residents operating a motor vehicle to have auto insurance. The specific requirements of the rule are as follows:

  • Auto owners should have coverage that pays at least $30,000 for bodily injuries in an accident;
  • Insurance holders must have enough coverage to pay for at least $10,000 worth of property damage; 
  • An overall policy limit must be for at least $60,000 for damages in an automobile accident. 

Of course, if you are fully responsible finance-wise for all damages incurred by yourself and the victims if you are found at-fault for an auto accident. The above stipulations should be considered as the bare minimum for drivers. 

Should You Go Beyond The Minimum?

Some drivers find that they do not have enough insurance to cover an incident after the catastrophe has occurred. Imagine yourself thinking that your indemnity policy will be enough to pay for you rear-ending someone only to learn that you must come up with thousands to cover the portion of the cost that your assurance company did not pay out. 

After an accident is not the time to discover that you are underinsured. You should speak with a representative at Calhoun Risk Management today to learn about the policies and procedures regarding auto insurance so that you can find the policy that is right for your lifestyle. Speak with an agent today!

Vehicle Upgrades that Save You on Your Insurance

After purchasing your current vehicle, you do not need to let it simply sit as-is. There are plenty of after market features you can install on your vehicle. This doesn’t mean you need to trick it out or anything of that nature, but you can save some money on some of these improvements. At Calhoun Risk Management, we are all about helping you save money on insurance while living in Minneapolis, MN, so take advantage of these upgrades that may help you save on auto insurance. 

Car Alarm

Have an older vehicle without a car alarm, or maybe the model trim you purchase didn’t come with the feature? Have one installed. A car alarm reduces the chances of someone stealing the vehicle, which cuts down on insurance costs. 

GPS Tracking System

A GPS tracking system within the vehicle will make it easy to monitor any movements of the vehicle, should it be stolen. This way, the vehicle can be located before it is chopped or stripped of parts. With this feature insurance companies will have less of a chance of paying for a replacement vehicle, which in turn saves you money. 

Rim Locks

One of the areas of a vehicle most commonly stolen is the rims. Pristine rims can go for hundreds, if not thousands of dollars on the secondary market. In order to prevent your vehicle from being such a target, rim locks are a must. With a rim lock, the only way the wheel can be removed is with a special, dedicated key used with the lug nuts on the wheel. Without the key it is impossible to remove the wheel without damaging it, rendering it worthless to those stealing it. 

From a GPS system to rim locks, we at Calhoun Risk Management want to help you save money on your Minneapolis, MN auto insurance. 

Auto Insurance tips for drivers in Minneapolis MN

In Minneapolis, MN, you will probably need a car to get around, even though there is access to some public transportation. So if you are a driver, you will need auto insurance of some kind, preferably from a local broker like Calhoun Risk Management who serves the greater Minneapolis area. There are a variety of different types of auto insurance available and below are some tips for those with policies in Minneapolis for what type of policy to set up, based on what type of car they drive, how often they drive or what type of coverage is most suitable for them.


This is an absolute must for any driver on the road in Minneapolis, MN because it will protect all of those involved in the event of an accident. This is the minimum insurance one needs to legally drive in Minnesota, and it covers the physical damage to other vehicles or medical damage up to a certain amount when an accident is deemed to be your fault. Make sure this aspect of your auto insurance policy is always in effect while driving in Minneapolis.


The most expensive part of any bad auto accident can usually be the medical costs those involved may incur. The cost of repairing the vehicle itself will be nothing compared with medical bills for someone who is seriously injured, so if you drive a lot or are worried about the cost of bodily injury to yourself or someone else, this bodily injury policy is a good addition.


It may also be a good idea to have coverage for your car catching on fire or being stolen in a place like Minneapolis, MN, as cars tend to overheat in the summers here and there are a large number of people in this big city, making theft more likely.

Understanding Road Rage and How You Can Avoid It

Road rage is aggressive driving. Some behaviors associated with road rage include tailgating, driving through yellow and red lights, and speeding. It’s important to note, anyone can have road rage at any given moment while driving, so it’s important to recognize when you are driving aggressively and back off. The following are a few ways you can avoid road rage.

Tip #1. Relax when you are driving.

One of the main components of road rage is anger or an irritated state of being. With an increasing amount of angst behind the wheel, you are more inclined to be aggressive towards other drivers. Instead of giving into your emotions, our team at Calhoun Risk Management suggests you try to relax behind the wheel. One easy relaxation technique you can use is taking deep breaths. By breathing deeply, you can help your muscles relax and ease your mind.

Tip #2. Pull over and calm down.

If you find that you are getting increasingly agitated while driving, you may find it fitting to pull over. You can stop at a park, grocery store, or a gas station while you wait for traffic to thin out. Pulling over is similar to relaxing behind the while, but pulling over gets you out of traffic immediately.

Tip #3. Plan ahead ,so you are not running late.

Another major contributor to road rage is lateness. When you are running late for work or an appointment, you feel a sense of urgency to get there. Set your schedules earlier than your actual appointment so that you are always on time. In doing so, you increase the chances that you make it to the appointment safe and without injuring others.

At Calhoun Risk Management, we value your safety. Give us a call to inquire about how we can protect you further with driving tips and auto insurance solutions.

Coverage Needed for a Hit & Run

When you live in Minnesota, auto insurance is required for you to be on the roads. However, you can choose how much coverage you add beyond what the state requires as a minimum. If you are involved in a hit and run, there are various types of coverage you want to make sure are a part of your policy to avoid paying a lot out of pocket.

#1: Collision

Collision coverage is very common among policies. While it is not required by the state, is easily added onto a policy. It’s going to cover auto repairs, regardless of fault. This means that you can save a lot of money by not having to make the repairs on your own.

#2: Uninsured Motorist

While people are required to have insurance, not everyone does. If you get into an accident where someone doesn’t have insurance, you will want uninsured motorist coverage to ensure that medical bills are paid and car repairs are made. During a hit-and-run, you can’t get their insurance card and therefore this is important coverage.

#3: Personal Injury Protection

PIP is affordable protection that can cover medical bills, time away from work, and even child care if you are unable to take care of your kids. It covers for you and passengers.

#4: Medical Payments Coverage

This is yet another form of coverage that you can add to your auto insurance policy. It can go above and beyond any other limits that you may have blown through because of high medical bills. It can cover payments for both you and the passengers who were in your vehicle during the hit-and-run.

Contact us at Calhoun Risk Management to learn about coverage inside of an auto policy. We can answer questions you may have about insurance in Minnesota and help you find a great auto policy today.



3 Cost-Saving Strategies for Millennials for Car Insurance

Columbia Heights, Minnesota is a great place for Millennials to call home. With less than 20,000 residents, starting their lives in a small town will limit your exposure to risks, which will make life much easier for you. Another way to protect yourself from the risks life hurls at you is by purchasing car insurance with our local agent. Although car insurance can be expensive for a millennial who is already strapped for cash, our insurance office encourages you to take the following steps to get the best insurance quotes for your auto insurance.

Use Technology to Monitor Your Driving
There are many smart apps available that will allow you to monitor how you drive. Whether you are traveling for pleasure or you simply are driving to and from work, you can use these apps to ensure that you have a safe driving experience at all times. Although most of these apps are geared towards parents, who says you cannot use them when you are trying to self-monitor to keep costs under control? Consider the following apps to improve your driving technique and to lower your insurance costs.
•    Safe Driver
•    Steer Clear Mobile
•    AT&T Drivemode
•    Sprint Drive First
•    RoadReady
All of these apps are all readily available on a smartphone near you. Over time, these apps will help you reduce your risks and lower the cost of your insurance premiums.

Improve Your Credit Rating
Credit scores are used for many things, including rating your insurance risks. Whether you are operating a business or you are concerned about the insurance premiums you pay as a consumer, improving your credit score will help lower the costs of insurance. If you are no longer viewed as a credit risk, then you will not have to pay higher premiums for your insurance coverage. 

Remain Loyal to Your Insurance Company
It pays to be loyal to your insurance company. Many insurance companies have developed loyalty rewards discounts that decrease premiums or deductibles with each passing year. The longer you remain with the company, the less you pay. When you are calling around for quotes make sure you ask about all the discounts available to you to ensure you get the best value for your insurance coverage. 

When you are ready to get a quote do not hesitate to contact our local office for insurance in 55421. We have reputable agents ready to assist you with all of your insurance needs.