After having the same auto insurance agent or company for many years, to even think about changing car insurance companies can almost seem like considering a breakup or divorce. The years of care and quality service that you have enjoyed from your existing insurer can often make you feel as if you owe something to your company and should never think about looking elsewhere for your auto insurance. At least that is how I felt when I was looking for a new car insurance provider.
Changing Car Insurance Companies
Yet even though your existing insurer has taken good care of you and your family, you have no obligation to stay with that company, especially if there is a real chance that you can save money if you change your insurer. In this day of rising expenses, it is important to put your budgetary needs first and demand more from your auto insurance company than just good service and coverage. At the same time, you want to make sure that you do not lose service and coverage simply for the sake of a lower price, so here are some tips to help you get a good deal when you are changing car insurance companies.
How to Change Car Insurance: Switch from One Company to Another
First of all, it is important that you compare apples with apples when you are pricing new insurance policies. That is to say, you will only get a true sense of how insurance policies compare when it comes to price if you make sure that each policy you quote has the same coverage limits. You are not necessarily improving things if you get a lower price but end up with lower coverage, and you should not let anyone talk you into lesser coverage if you really do not want it.
Speaking of lesser coverage, changing car insurance companies can also provide you with an excellent opportunity to adjust your deductibles, policy limits, and more. After driving a car for many years, it may be more cost effective to lower the comprehensive and collision amounts on the vehicle if the payout in case of an accident will be less than the total amount you pay in premiums over the course of a policy year. Your current car insurance company may be reluctant to discuss this information with you, so be sure to talk about it with the new insurer you are considering.
Changing Car Insurance Isn’t Very Tough
It is wise to get other perspectives on the car insurance company or companies that you are considering as your new insurer. Friends and family may have some experience with one or more of the companies you are investigating, and their opinions can help prevent you from making the wrong choice. It is also possible to find information on most companies online. When I was looking to change my car insurance policy, I took all these steps and ended up with a new insurer that has saved me a lot of money without a loss in coverage or service. Changing auto insurance companies can be both painless and profitable as long as you do some basic research.