December 16th, 2009 | 
Author:
Most of us are looking for the best auto insurance rates with a top rated insurance company. But how do you find it without spending half your life visiting insurance offices or talking to agents. Here’s a quick and easy way …
How do I get the best auto insurance rate?
As a former insurance agent I get asked this question all the time, and each time my answer is the same: “Shop and compare.”
The only way to know if you’re getting the best Car Insurance rate for your particular situation is to comparison shop, and the best way to do that is to fire up your computer and shop online.
There are a number of sites where you can get auto insurance rates from A-rated companies, and it only takes a couple of minutes to get multiple quotes from a number of top companies so you can compare rates. (See links below.)
When you go to one of those sites you’ll be asked a series of questions in order to tailor the quotes to your particular situation. Some things you want to consider in order to get the best Auto Insurance rate are:
* Dropping your collision and comprehensive coverage – If you have a older car that’s not worth a lot, you may want to drop your collision and comprehensive coverage. A good rule of thumb is if your annual premium for your collision and comprehensive insurance exceeds 10% of your car’s value, consider dropping them.
* Raising your deductible – If you make a lot of small insurance claims, your insurance company may cancel your insurance. So raising your deductible by a couple of hundred dollars will not only save you hundreds of dollars a year on your insurance premium, it may also save you from having your insurance canceled.
* Adding security devices – Insurance companies will give you discounts for installing anti-theft devices and auto alarms. Installing these devices not only saves you money, it will give you peace of mind knowing that your car is less likely to be stolen.
How do I know the company I pick is a good company?
Insurance companies are rated by various independent organizations like A.M. Best, Standard and Poor’s, and Moodys. Unfortunately you have to subscribe to their service to get their information, and they only rate companies primarily on financial criteria and not customer experience.
If you want to get the inside scoop to find out which companies have the best service and pay insurance claims the quickest, surf over to epinions.com. Here you’ll get consumer ratings and reviews from actual customers who’ve used a company’s services. Believe me, it can be a real eye opener.
Visit http://www.LowerRateQuotes.com or click on the following link to get the best auto insurance rates with A-rated companies, and see how much you can save. You can get more car insurance tips by checking out their “Articles” section.
The author, Brian Stevens, is a former Insurance agent and financial consultant who has written a number of articles on how to find the best auto insurance rates.
ryan@thesatellitetvguide.com
http://www.articlesbase.com/insurance-articles/how-to-find-the-best-auto-insurance-rate-with-the-best-company-110108.html
Posted in Auto Insurance
Which insurance company offers the best auto and renter’s insurance rate? What is the discount % if known?
Looking to switch insurance companies. I’m paying 277/mo (6 mo) and currently do not have renter’s insurance. I have 2 accidents 2 1/2 years apart. My last accident was in Dec. 2007. My car was totaled and I know my rates are going to sky rocket. I’m thinking that adding renters insurance & taking defensive driving may help offset my expected increase. To specify, im looking for auto & renter’s, not auto & home owner’s insurance. Thanks.
check into Allstate for a combo coverage but check with someone LIVE and local
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try calling a local independent agent. they write for many companies and can look around for you and find you the best rates.
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agent
I think your reasoning may be a little backwards. First, how much more is it going to cost you to purchase extra insurance and take the defensive driving class? If your car insurance rates end up staying the same, but you’ve spent $200 more for the other stuff, how long will it take for you see the benefit? On the other hand, your car insurance rates may go up 10%-20%. If you pay $700/year for insurance, that’s only a$70-$140 increase. At that rate it will take you a couple of years to see a return on your dollar.
Think of it like this…..gas prices jump up to $4/gallon. Your current vehicle(worth $10k) only gets 18 mpg. You go and spend $25k for a new vehicle that gets 30 mpg. Sounds good until you think about all the extra money you spend on the new car. There are a lot of people doing this today not realizing that they’ll never see a return on their investment because they’re only saving $200-$300/year on gas. Same principle as what you’re describing.
Think long term….then make an informed decision!
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The normal discount for multi-policy is 10%, some companies may give you 5% and some may give 15% but most give 10%. Your best bet is to call a few independant agents in your home state. That way you can get rates from a bunch of companies with only a few calls. Just tell each agent you want quotes for the Auto alone and then with Auto w/ a Renters Policy (HO-4). Regardless a renters policy is a good idea even if it costs you a few bucks. It will provide not only coverage for your property but more importantly it will provide coverage for Personal Liability.
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http://www.mrrates.com
The best thing to do is to have an independent agent shop the market for you. I have had good luck with low rates from Progressive and Geico. Although to add renters you may have to go with another company.
Click the link below and complete the quote form. An agent in your local area will contact you and help you decide which company will be the best fit for you. Don’t let the title of the quotebox fool you, it says auto and home, but this will apply to renters insurance just as well.
http://www.insureme.com/landing.aspx?Refby=619964&Type=autoHome
I hope that helps!
Jared Balis
http://www.myinsurancequotes.net
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