Figure of $500 seems to be the amount several vehicle insurers like us to believe we can economize. Can we really bring the premium down as much as that, even more or not even close? Maybe they know something; a methodology or strategy to get the lowest car insurance rates. Let’s see if that is really the case or just a gimmick. The good news is that it won’t take long to find out.
We probably should put ourselves in their shoes to understand why they pick such figure. They need to point out that it may be worth the time to go out and shop for auto insurance. It is a figure of speech because not many people go out to buy policies since the Internet became common commodity. The process is much faster now. Usually, most people would be able to complete the search under an hour.
So, think about how much discount you need before you are persuaded to switch. If you were happy to switch for couple of hundred dollars you would be more willing to spare the time. Also, you would be hopeful and keen to go to trouble when you are paying a high premium. Usually, the larger the amount currently spent is the bigger possible reduction would be. That is why motorists with competitive rates may not be able to save $500.
Actually, anything is possible and you don’t have much to lose for trying. Every now and then, we may be too smart for our own good and start saying things like it is a catch. It probably is a catch phrase and it has to be catchy to get the couch potatoes to pick up the phone and call them. There is no guarantee that you can economize as much but there are motorists who will. If they haven’t been checking for better rates for years probably they can find a $1,000 cheaper policy.
The fact remains the same for most drivers. They will not do anything until they get a renewal notice, which is the best time to shop for vehicle insurance. First of all, there is no hassle since you know your current period is coming to end. If you find a better price and coverage somewhere else you wouldn’t renew and go with them. Many companies are likely to offer you extra 5% if you are in a position to buy right away.
Many people are sceptical about these offers and advertisements until they realize that they can actually keep a better watch over their money to make it go further. Then, they come round to understand why people are so interested in saving a few bucks, as little here and there quickly add up to a nice sum. Looking for the best deals should be a life philosophy. Otherwise, money runs out faster than you can imagine.
You should still check the market no matter what is your opinion about haggling to find a good deal. You may not be able to save money and yet come out pretty pleased with yourself. You may have learned more about the policy or manage to get extra coverage without paying more. This is what getting a few automobile insurance quotes and checking alternatives about.