Save on Car Insurance
Why do insurance companies charge different rates for the same coverages? I needed to renew my car insurance last month and started to do some research before I went ahead and renewed the policy I had. I had a feeling I was paying too much for my car insurance, but was so busy with everything else I just didn’t follow up on it until time came for renewal.
This time, I went on line and requested car insurance quotes from about 5 different carriers just so I could do my homework in the hopes of saving a significant amount of money on my yearly policy. I was looking for cheap car insurance but was also very watchful of the policy coverage and limits. Once you have the quotes from the different carriers, and you spend the time really understanding what the language is on the insurance policy, you can really make a side by side comparison and actually choose the policy that is cheapest without comprimising the coverage you want or need.
I did this and I am now paying around $500 less every year for a policy that has the exact same coverage as the on that just lapsed. I don’t know about you, but I would much rather have an extra $500 in my pocket every year than in the bank account of an insurance company.