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Online Auto Insurance Highlights the Importance of Comparison Shopping
Completing a comparison of various car insurance carriers is a vital step to finding affordable rates.
Online PR News – 10-May-2010 – Comparing quotations from multiple companies is one of the most effective ways to find the best deal on automobile coverage and taking the time to compare rates from various insurers can lead to big savings. With so many providers that are licensed in a given area, completing quote comparisons is an important step to finding the most affordable premiums.
OnlineAutoInsurance.com strongly encourages motorists to complete an auto insurance quotes comparison in order to help ensure that the lowest rate is found from a reputable company. Consumers should be aware that each carrier has different pricing and each applicant will pay a different amount for the same coverage based on various factors. Therefore, no single insurer can be cheapest for all drivers and the consumer must take the time to seek out the best price for them particularly; a recent study showed that premiums can differ up to 200% for the same product.
Comparing rates is also advised by government consumer guides. A consumer’s guide provided by the Maine Bureau of Insurance states, “Comparison shopping takes time but it will save you money. The only way you can make sure you are not paying too much is to shop around and find out what different companies charge for the same products and services.”
Source: http://www.maine.gov/pfr/insurance/consumer/auto.htm
Although it does take some time to complete an effective comparison it is well worth it and may be done quicker online; many insurers offer rate quotes on their websites and a comparison website can offer quotations from several companies to compare from.
Lowest Car Insurance Rates April 21 – Can You Get A Cheap State Farm Auto Insurance Policy?
Lowest Car Insurance Rates April 21 – Can You Get A Cheap State Farm Auto Insurance Policy?
This month may be a good time to start researching auto insurance. There is never a better time to start looking for cheap rates on car insurance than today. You may find that the insurance you currently have is a bit too pricey, or you’re researching auto insurance for the first time. Either way, you need to remember a few things first. You can easily go to these auto insurance providers website and get a online free quote. Don’t be satisfied with the first thing you find. Auto insurance providers rate everybody differently on how much of a risk they are.
You may be able to get a really great with Progressives.com or with GEICO. For many people, nationwide auto insurance is the best way to go. He suggests that a few of the bigger names out there. Some of these smaller companies can provide you with competitive rates. But remember research is key. The more you look around the better chance you will have it getting a low monthly auto insurance plan.
Source: www.uslifedaily.com
A Look at Car Insurance Rates in Alberta, Ontario and Quebec
A Look at Car Insurance Rates in Alberta, Ontario and QuebecToronto, ON, April 16, 2010 — Today, Kanetix® Canada’s online marketplace for insurance quotes and mortgage rates, released the results of its quarterly review of auto insurance in Alberta, Ontario and Quebec. Rates quoted dropped slightly in Alberta and Quebec but increased by almost 12 per cent in Ontario in Q1 2010 compared to Q1 2009. Alberta Ontario Quebec “Policyholders should explore their options annually to see if money-saving opportunities are available,” says George Small, Co-founder of Kanetix Ltd. “It doesn’t matter if they live in Alberta, Ontario or Quebec. Drivers should compare their insurance rates and coverage with other options on an annual basis. Comparison shopping provides drivers an opportunity to find a better fit, or new opportunities to save, like previously unavailable discounts.” Drivers should keep the following tips in mind to help get the lowest possible auto insurance rate: Consider discounts Think about raising your deductibles Don’t pay for optional coverage you do not need Consider the cost of paying monthly
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Nation’s “Hot Spots” Revealed in Ranking of State Car Insurance Rates
Insure.com has ranked the most and the least expensive states in which to buy auto insurance — and the results are different than what you might expect. Louisiana tops the list with an average yearly cost of $2,510 and Michigan is close behind with an annual cost of $2,098. The cheapest states are Vermont at $968 and Maine $902.
Some states are expensive for insuring a vehicle not because of crowded roads or unsafe conditions, but because of state laws, according to the insurance web site. In Louisiana, for example, jury trials are rarely used, leading to expensive out-of-court settlements. In Michigan, state laws gives unlimited medical benefits for accident victims, driving insurance premiums up. All the states’ average policy amounts are listed in the complete rankings.
A spokesperson for Insure.com said the rankings will show consumers “a clear picture of the hot spots for car insurance rates.” The spokesperson added, “No matter how good your own driving record is, you’re paying for the decisions of lawmakers.”
The survey was based on average auto insurance rates for more than 2,400 vehicles, based on 10 ZIP codes per state and rates offered by six large insurance companies. The web site said that rates were based on a 40-year-old single male driver who commutes 12 miles to work. The sample policy had limits of a typical policy: 100/300/50 or $100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage per accident. The policy included a $500 deductible on collision and comprehensive coverage and uninsured motorist coverage.
For ways to control your insurance costs, please see Edmunds.com’s Insurance Section.