I currently have Liberty Mutual through a broker and insure two vehicles (2007 Explorer and 2002 Hyundai Elantra) and my home. Never had a claim for either. For the heck of it, I submitted an on-line questionnaire with Progressive with the exact coverage limits (I must have standard policies because for the most part, Progressive's default options were exactly what I already had) and they came back that I could save over $400 on the cars and home with separate quotes. (Not to mention the discount if the house and cars were combined). Is this the ol' bait & switch and if I bite, the rates go up dramatically next year? I haven't discussed with my broker yet but was wondering what was being used out there and if you were satisfied .
Take a look at who Flo is sleeping with and where your money goes.....
I had ALFA Insurance for about 14 years until a few years ago when I found out they were strong supporters of the so called "Rural Surveyor" bill in the Alabama Legislature. I dropped that bunch like a hot potato and not one word of thanks from my agent.
Now that F'n Gecko is a pretty smart little fella. His online quote requires you to tell him how much you are currently paying for insurance with another company before he can do his 15 minutes to save you 15%. He saved me about 5%, then when I bought a house and had him cover that he gave me another 3%, but alas increased the whole auto/home policy by 10% at the first 6 month renewal. I will say he was neck and tail with Nationwide on the cost of the policy, the difference being GEICO has a $500 deductible on the house where Nationwide wanted $1000. So that was a no brainer.
READ the policy. They had me down as less than 3 miles to the nearest fire station but more than 1500' from the nearest hydrant. Fact is the fire station is less than 2 miles away, I live next door to the Fire Chief, and the nearest hydrant on my street is less than 250' away from my house. How's that for GIS gone wrong?
You might want to look into your CLUE report and make sure it is correct.
Geico bases your insurance quote mostly on your credit score. All the big name companies use your FICO credit score. The better your credit history, the lower your rate. They aren't using whatever number you put in for anything. I don't even think you have to put it in.
Cars are Triple-A, house is State Farm.
Have Liberty Mutual on personal cars, and by far is cheaper than AAA or State Farm.
It's not only what the rates will rise to,but what kind of service and payout will you get if/when you have a claim.
Some companies with low rates are notorious for not paying off when the crunch comes.
Research is the key.....find someone with that company and ask about their experience.
Get a quote from USAA. We've been with them for 25 years and their rates still seem to be the best out there.
> Some companies with low rates are notorious for not paying off when the crunch comes.
>
> Research is the key.....find someone with that company and ask about their experience.
I think another factor is the longevity and nature of your relationship with the carrier and/or agent. The carrier can look at how much you've paid in premiums over the years versus the amount of your claim, and may make payout and/or renewal decisions based on that analysis. And an agent with whom you've done business for many years will be more likely to go to bat for you with the carrier than one who's only had your business a short time. There's a lot more to choosing a insurer than the premium.
Farm Bureau usually has pretty good rates.
