I have never been one to shop around for lower insurance quotes and so I have resisted changing my auto policy. I currently bundle my cars, house, and sailboat with a single insurance company and have relied on the bundle discount to guarantee I'm paying the lowest price for the best coverage. Lately my wife has suggested we look at other insurance companies to see if we can get a better deal. Monday I pointed my browser at Progressive and entered my information to get a quote.
Not all insurance policies are the same. One has to pay careful attention to the coverage to make sure it is an apples-to-apples comparison between companies. That means making sure the deductibles are the same and coverage limits are as well. With auto insurance you also want to make sure things like rental car and glass coverage matches.
My current auto insurance needs to be renewed in January so I had my coverage in front of me when I put in numbers for the quote. The defaults are significantly less than my current policy and so I spent time adjusting them. As I have multiple cars, I can set deductibles and other parameters for each one. It took a few extra minutes. When I finished entering information, I had a quote for very comparable auto insurance. The quote came in at less than half of what I am currently paying. The savings surprised me and I will be switching automobile insurance companies. Furthermore I will reevaluate my homeowner's and sailboat's policies after the first of the year.
Now for the bad news: you can't do anything on the Internet without being tracked. This means I am getting a lot of ads promoting low-cost insurance. When I go to YouTube, 10% of the videos are on how someone saved a lot of money using different auto insurance. That doesn't include the insurance ads in the videos I do want to watch. I am also seeing ads in random websites I visit. Once I make the change, I don't plan on shopping around for at least a year so I won't be paying attention to those ads. Hopefully they go away soon.
The Internet is a very useful tool that can help us streamline tasks in our lives. Shopping for insurance is one of them. No longer are you required to call a company and provide countless amounts of information before getting a quote. Instead just fill out a series of forms at your leisure and you instantly get a quote. The only downside is the targeted advertising that follows.
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