LOS ANGELES, Dec. 5, 2018 /PRNewswire-iReach/
Many policyholders in the United States prefer to keep the same insurance provider and automatically renew coverage once it expires. It seems easier this way. However, this is a big mistake that could cost them a lot of money. By not researching the market, they deny themselves the opportunity of finding more cost-effective investments. Find out more and get free quotes from http://compare-autoinsurance.org.
Car insurance companies usually send a letter or email containing renewal info and price estimates with 30-45 days ahead renewal date. That gives a lot of time for drivers to check the new prices. If they are not satisfied with the prices or other aspects, they have sufficient time to look for better alternatives.
Check if the renewal info contains all the major updates. There are many cases when the rates are high because the insurance company is not aware of a client's major life changes. For example, married persons are charged less. If the info states that the policyholder is Single/Divorced/Domestic Partnership, contact the insurer immediately and solve the problem. Ask for new quotes. Do the same if there is wrong info about the ZIP code, occupation, age, driving experience.
If the costs are still high, consider switching to a new company. If all info is correct and updated, but the renewal costs have risen without explanation, the policyholder might be a victim of price optimization. This is a marketing strategy used by carriers on clients that are less likely to scan for better offers or switch carriers. In this case, loyalty hurts the policyholder's wallet. It is a clear sign that the driver should change the company and review prices more often.
Use online car insurance quotes. Using online car insurance quotes will help drivers find all available offers in the area. Plus, online tools allow drivers to customize policies and pay as much as they want. Insurance companies also allow drivers to contact one of their agents if they need further assistance with customizing the policy. It only takes several minutes, but it can help drivers save hundreds of dollars.
Consider combining policies. Before switching carriers, it is wise to check if the current company provides discounts. Check how much it can be saved when bundling homeowners' insurance. The value of the discount varies a lot, in some cases being as high as 20%. As usual, get quotes and compare prices. In some cases, it is cheaper to insure valuables individually.
"Comparing prices before renewal can save you hundreds of dollars per year. Visit our website to get free quotes", said Russell Rabichev, Marketing Director of Internet Marketing Company.
Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://compare-autoinsurance.org/
Media Contact: Russell Rabichev, Internet Marketing Company, 8183593898, email@example.com
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