It’s no secret that when you say the words ‘car insurance’ you’re bound to get a negative reaction from most people – unless of course they sell car insurance. Then their face is likely to light up brighter than this year‘s Christmas tree… whoops, I mean holiday tree. Seriously though, if you’re not doing an auto insurance comparison when you’re ready to purchase a policy you are doing yourself a huge disservice. Insurance companies, auto insurance in particular, are in major competition right now. The economy still has not bounced back entirely so people are still worried about saving money, spending too much, having to spend a boatload in case of emergency, worried about their jobs and more. To not compare car insurance policies would be like walking onto a car lot and buying the most expensive car on the lot site unseen. And who would do that? If you think that comparing insurance policies is nothing more than a waste of time, think again. Take a look at these.
Comparison Reason Number Four
Reason number four is simple – because you can. It is so easy to compare just about anything online these days that it is absolutely ridiculous not to at least attempt a brief comparison between a few insurance policies, products, services… you name it, before you buy. Quick and easy insurance quotes can frequently be estimated by putting in just a little bit of information such as ZIP Codes.
Comparison Reason Number Three
Your specific needs for particular types of insurance policies may have changed without your even knowing it. This is why, even if you’ve been with your insurance company for a long period of time – actually especially if you have been with an insurance company for a long period of time – you should sit down and talk with your agent in person or at least on the phone. They will know the questions to ask to see if possibly your situation has changed enough to warrant changes in your policy or your coverage. Here are just a few things that could alter your rates: if you bought a home, if you just bought a new car, certain ages mean certain discounts, if you had kids, or if you got married.
Comparison Reason Number Two
Everything changes, even insurance policies and their rates. Just because you’re getting charged one thing this year doesn’t mean you’re going to get charged the exact same thing next year. Sadly, inflation affects even car insurance companies as does the sad state of the economy. Prices go up, rates go up – wages go down. It’s the way of the world.
Comparison Reason Number One
No matter how identical insurance policies may seem, every insurance company determines their own rates. They have a specific criteria which they use to determine how much to charge certain individuals for certain types of coverage. It is likely a foreign language of sorts that was delivered by aliens and that no one else understands.
Whether you consider yourself a frugal family man, a smart and savvy shopper or just somebody that wants to try to save a buck here and there you would be well advised to shop around before plunking down a serious amount of cash on your next automobile insurance policy. Don’t forget that paying once a year is also going to save you money on your car insurance as opposed to paying a little every month. It may seem like it’s less coming out of your pocket at the time but in reality you pay for that convenience.