New Year Brings New Way to Save Money on Insurance

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Shop4LowRates saves consumers money on their insurance premiums by creating competition among local agents representing national carriers.

Consumers can now get the best rate online from an agent right in their own neighborhood.

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Every year, January ushers in a fresh start and an opportunity to make good on resolutions. A commonly shared resolution for this New Year will be to try and save more money as many people struggle to get back on a firm financial foothold. One of the last places that we may think of when looking to cut expenses and save money is the house we live in or the car we drive. By simply shopping for more competitive insurance rates and lowering premiums, many people can save 14% or more on insurance premiums on their home and cars.

Although this is an easy way to find hidden savings and keep more money in your pocket, many people hesitate to shop their insurance premiums because of the time they think it will take to call three or four local agents. Shop4LowRates, a South Carolina based company, offers a new online service that makes it easy for anyone with a computer to quickly compare rates. The new website also makes it easier for consumers to save money as local agents, representing national carriers, compete for their business.

“It’s a basic economic principle that consumers greatly benefit from competition, whether they’re buying a new car, computer or groceries,” said Jamie McVay, President of Shop4LowRates. “Our online service simply makes it easier to compare insurance rates from local agents right in their own city. By investing just a few minutes of their time, people can save hundreds of dollars on their insurance premiums.”

To get started comparing rates, consumers just have to visit the company website at http://www.shop4lowrates.com and choose the type of insurance they need including auto, homeowners, life, renters, motorcycle and health insurance. Consumers then fill out one easy, secure electronic form, just one time, to allow up to four local agents to compete for their business and provide quotes, which people can then compare to get the best coverage at the best price that meets their needs.

“Research shows that over 32 million consumers a year kick the tires and surf for better rates online, but at the end of the day they tend to purchase policies at the local level with local agents who they are comfortable with, speak their language and are entrenched in their communities. Now consumers can do both, get the best rate online from an agent right in their neighborhood,” added McVay.

About Shop4LowRates
Shop4LowRates is a South Carolina based company that was established to help consumers save money by enabling them to quickly and easily compare and shop for insurance rates online. By creating competition at the local level, the company can act as a consumer advocate that serves as a convenient connection between insurance shoppers and neighborhood agents that can best meet their needs. For more information, please visit the company’s website.

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Scott Adams

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