#best auto insurance rate
Are You Getting the Best Auto Insurance Rate at Your Provider? You ll Only Know If You Call and Comparison Shop
Your current auto insurer (and perhaps other service providers) may be holding out on you. If you’re eligible for a lower rate, you probably won’t be automatically given one unless you ask for it. In one case, the New York Times reports, one man would have been paying twice as much on his policy had he not gotten a competitive quote elsewhere.
Mr. Mitchell was paying $2,537 a year on insurance and, like many people, put off calling his insurer to review his premium until AARP sent him something in the mail with an offer for a free quote from The Hartford, who offered him the same policy for just half what he was paying at Liberty Mutual—about $1,267. When Mitchell called Liberty Mutual, he was told he was eligible for premium reductions thanks to underwriting changes and now his rate would be just $1,207. How interesting. Had he not called, the manager admitted the bill would not have changed.
It really pays to review your policy and shop around every year, because, as the article notes: