Auto Insurance Companies With Lower Prices?
Hi,
Are there any auto insurance companies that usually have lower premium rates than most others? Or do all insurers have about the same rates? I have Allstate at the moment.Thanks.
Yes all companies could have a lower/higher cost than Allstate. You will have to get on the phone with a agent and compare prices or do a search on the internet with the same coverage that you currently have now.
Many companies will increase/decrease their rates each year based on how many claims they paid, or it they are competing with other companies, may price lower to steal your business.
But you need to compare if it is worth changing or staying. Say for instance, it costs $60 less at another company, so in effect you are paying $5 less per month, which is not a lot. By changing, you can lose a no claims bonus you earned with Allstate and start over. But say the difference is $150 or more, then you might want to consider.
good luck
July 17th, 2010 at 12:05 am
Yes all companies could have a lower/higher cost than Allstate. You will have to get on the phone with a agent and compare prices or do a search on the internet with the same coverage that you currently have now.
Many companies will increase/decrease their rates each year based on how many claims they paid, or it they are competing with other companies, may price lower to steal your business.
But you need to compare if it is worth changing or staying. Say for instance, it costs $60 less at another company, so in effect you are paying $5 less per month, which is not a lot. By changing, you can lose a no claims bonus you earned with Allstate and start over. But say the difference is $150 or more, then you might want to consider.
good luck
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