Tips For Driving Down Auto Insurance Rates
Analysts say the rates for six months of comparable auto insurance coverage from different providers can vary by more than $500.
That’s why it can pay to do a little shopping before settling on an insurance company.
Fortunately, there are a number of ways
to make shopping for and buying insurance easier. For instance, Forrester Research reports that 86 percent of consumers shop for
insurance on the Web and 22 percent apply online for auto insurance.
However, finding insurance on the Internet can have some
draw- backs if you aren’t careful about what sites you visit. Here’s a closer look:
Look For Full Service
Only 40 percent of
sites let consumers complete transactions and buy policies online and most sites only have rates for their own coverage.
Instead, the sites serve as go- betweens for shoppers and agents, meaning your information could be passed on to a number of
different salespeople who contact you at a later date. Additionally, some insurance sites only direct you to other insurance Web
sites or provide numbers for you to call to get a quote.
Get The Green Light
Your best-and fastest-bet may be to go with a Web
site such as www.answercenter.com, which offers a choice of insurance carriers that can typically make attractive offers. The Web
site is unique in that users need only provide their information once, either by Web or over the phone. From there, the company
delivers actual quotes from six or more A-rated insurance companies. The process can save time and make it easier to comparison
shop.
Drive A Smart Bargain
As a final tip, experts say to keep the following in mind: When you do talk to an agent, remember
that he or she could be biased towards a certain insurance provider. It’s a good idea to ask what carrier or carriers your agent
represents before you start shopping.
Related Information
Best Ways To Save Money On Your Auto Ins
1. Drive Less for and get a discount
Some carriers will discount your premium with a low-mileage discount if you drive less than 7,500 miles per year. Also ask your agent if you can receive a commuter discount for using public transportation.
Get the answers you need.
Uninsured Motorist Bodily Injury Coverage:
Uninsured Motorist Bodily Injury covers you, the other people on your policy and your passengers for damages or death caused by an uninsured motorist.