Comments on: Ten Ways to Drive Down Your Car Insurance http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/ Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more. Tue, 21 May 2013 02:58:18 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Mike http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/comment-page-1/#comment-179069 Mike Mon, 11 May 2009 17:42:25 +0000 http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/#comment-179069 I have learned one valuable lesson regarding auto insurance over my 50+ years of driving. Find a good independent agent and stick with them. They can offer insurance from a variety of companies. Then make sure they know that you insist that they update and shop your total insurance needs every year. I have been stubg twice by buying from one of the barnd name agents like State Farm. My experience has been that once they have you, it is too easy to just slowly raise your rates year after year. The second problem is that the agent represents the company (their employer) first and you the buyer second. If you call with a question about the insurability of a claim, they will almost always report the issue to their employer. This can result in a black mark on your record even if you do not file a claim. I have learned one valuable lesson regarding auto insurance over my 50+ years of driving. Find a good independent agent and stick with them. They can offer insurance from a variety of companies. Then make sure they know that you insist that they update and shop your total insurance needs every year. I have been stubg twice by buying from one of the barnd name agents like State Farm. My experience has been that once they have you, it is too easy to just slowly raise your rates year after year. The second problem is that the agent represents the company (their employer) first and you the buyer second. If you call with a question about the insurability of a claim, they will almost always report the issue to their employer. This can result in a black mark on your record even if you do not file a claim.

loading....

]]> By: Claude http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/comment-page-1/#comment-178311 Claude Sun, 03 May 2009 22:25:46 +0000 http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/#comment-178311 try getting insurance in Philadelphia. I pay $220/month for 1 newish(2005) car with a clean driving record try getting insurance in Philadelphia. I pay $220/month for 1 newish(2005) car with a clean driving record

loading....

]]> By: Mike Younkman http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/comment-page-1/#comment-162230 Mike Younkman Tue, 06 Jan 2009 22:41:31 +0000 http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/#comment-162230 I know this article is from a while back. I tried shopping my auto insurance calling all the big name companies (Progressive, Geico, Allstate, State Farm, AIG) and found their rates nearly identical....varying maybe $50 (my rates were $375-425) on a 6 month policy. However, where I did find significant variation was the homeowners policy. There was a huge variation (statistically significant for the actuary/stats folks). I found they varied from $500 to $1200 per year. As the article says, there is a savings discount when grouping (though Progressive doesn't have homeowners), so you really need to get quotes on both to understand the full picture. Mike www.potus2100.com I know this article is from a while back. I tried shopping my auto insurance calling all the big name companies (Progressive, Geico, Allstate, State Farm, AIG) and found their rates nearly identical….varying maybe $50 (my rates were $375-425) on a 6 month policy. However, where I did find significant variation was the homeowners policy. There was a huge variation (statistically significant for the actuary/stats folks). I found they varied from $500 to $1200 per year. As the article says, there is a savings discount when grouping (though Progressive doesn’t have homeowners), so you really need to get quotes on both to understand the full picture.

Mike
http://www.potus2100.com

loading....

]]> By: sm http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/comment-page-1/#comment-2018 sm Thu, 13 Jul 2006 02:58:15 +0000 http://www.getrichslowly.org/blog/2006/05/07/ten-ways-to-drive-down-your-car-insurance/#comment-2018 50 a month is nothing; nj has the worst car insurance rates ever, my wife and i are typical drivers, not perfect, not insane with tickets, and we pay over $200 a month for 2 cars, with a high deductible.. 50 a month is nothing; nj has the worst car insurance rates ever, my wife and i are typical drivers, not perfect, not insane with tickets, and we pay over $200 a month for 2 cars, with a high deductible..

loading....

]]>