Senin, 14 Juli 2008

Why you should compare auto insurance company rates anually.


Auto Insurance companies are always looking for reasons to increase what you pay for auto insurance. If you have an accident. If you have a teen driver. If you file certain types of claim. If you don't have a garage. If you buy a car that happens statistically to be stolen more often. If you change jobs and have a longer commute to work. These are all reasons that an insurance company may decide gives them the right to raise your auto insurance premium. The only way for you to stop them from increasing your rates is to make them compete for your business. As in all negotiations, Information is Power and more importantly, you have to be willing to Walk Away from a bad relationship.

INFORMATION IS POWER - The Internet provides consumers the opportunity to learn about their insurance options. First of all, you can get multiple insurance quotes without having to talk to an insurance agent or sales representative. There are many sites now that allow you to provide driver, vehicle, claims and violations information online in order to show you insurance quotes from multiple companies. You can also visit each company site individually and request a single quote from each. You should be wary of individual companies that promise to give you other company's rates, in insurance, there are people they want to sell policies to and people they don't want to sell policies to, can you really trust them to provide quote information that isn't in their company's best interest. Secondly, just because you shop online with out talking to an agent doesn't mean you have to buy online without talking to an agent. Most online services give you the option of talking to a licensed agent before you buy.

WALKING AWAY - if you aren't willing to end a bad relationship, then the abuse will never end. We need to show insurance companies that they can't just raise rates when ever they feel like it. Insurance companies know that a rate increase will only motivate a small number of their policyholders to look else where. They count on your apathy. Don't let them get away with it. Shop your auto insurance today.

2 komentar:

john..... mengatakan...

pretty nice and engulfing post. thanks author for this piece of information. i would like to add that when you have an accident, you expect your insurer to cover your costs, after all, that is what you have been paying them high amounts for. But what if you have tried to save money on your insurance by claiming that your parent was the main driver of your car instead of you? This is a common occurrence among many young drivers who simply cannot afford the high premiums that come with their age and so ad a parent onto their policy. If you have an accident, your insurance company will dig deep into your driving habits and if they find out that you are the main driver instead of your parent, it is likely that your car accident claim will fail.

Tee Chess mengatakan...

I didn't have thought of thought of these factors that a company consider. This means that a policy will cost different to different users based on these conditions. What will it cost if a policy is being taken up the old aged people who are having no source of income.
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