Auto Insurance Ratings – What Companies are the Best?
You can get auto insurance ratings from a number of services. But do these ratings really tell you what you need to know? Here’s the inside scoop on how find the best rates with the best companies.
Auto Insurance Ratings
As a former insurance agent I’m often asked, “What’s the best insurance company?” My answer is usually, “Best in terms of what? Biggest? Best known? Most solvent? Best rates? Best service?”
There are three major services that provide auto insurance ratings – A.M. Best, Standard and Poor’s, and Moody’s. However, their ratings focus primarily on a company’s financial strength.
Nice to know if you’re an investor or an insurance agent trying to impress potential client. But what you really want to know is how good a company’s service is and how fast they pay their claims.
The best way to find out this information is not to check a company’s ratings, the best way is to ask the company’s customers.
But what if you don’t know anyone who’s dealt with a particular company?
There’s an easy way to get the inside scoop on insurance companies. It’s a little-known site where actual customers rate companies on such things as customer service, response to claims, and even website experience.
My favorite part is the review section where customers pass on their experiences with various companies. It is, to say the least, a real eye opener.
Be careful when you read the reviews because some of them look like they were done by insurance company employees (”These guys are the greatest!”), and some were done by their competitors (”These guys suck!”). As in the Olympics, toss out the highest and the lowest ratings, or at least take them with a grain of salt, and go with the majority.
Comparison Shop First
If your looking for the cheapest insurance rate with an A-rated company there are websites where you can get multiple quotes from top-rated companies. My advice is to check out one of these sites first to get the best quote, then check out the company.
Visit http://www.LowerRateQuotes.com or click on the following link to get the best auto insurance rates with A-rated companies. You can get more car insurance tips by checking out their “Articles” section.
By: ryan@thesatellitetvguide.com
Best Auto Insurance Rate – Best Car Insurance Rates For Free
Looking for the best auto insurance rate can be very difficult. I found it very hard to find the best auto insurance rate that I can actually be satisfied with.I have searched everywhere looking for the best auto insurance rate possible. I even went as far as to pick up that heavy yellow pages book just to look for a better rate elsewhere.
Unfortunately I was very disappointed every time I got my quotes because they ended up giving me higher rates than I had expected. I knew that I did not deserve to be getting this high rates because my driving history wasn’t that bad.
That’s when I decided to try several options that I had not tried before. I decided to go through a local agent in my area for the best auto insurance rate. Even though my agent was kind of busy he was able to get me quotes within a reasonable amount of time. But still I was not happy with the auto insurance quotes I received from the agent. That’s when I realize that I’ll never really be able to get the best auto insurance rate by going through an agent. His boss basically carried on the additional cost of acquiring an agent onto my policy.
This is not something I wanted. All I simply wanted was the best auto insurance rate on my car insurance. I got fed up and decided to just go online to look for auto insurance quotes on my own.I eventually came to find out that signing up at each and every single website took too much of my valuable time. Even though I got the rates I wanted by going online, my fingers got quite exhausted from doing the repetitive typing. This is when I found some car insurance website that gave me the best auto insurance rate from as much as five top car insurance companies within moments.
This proved to be a great time saver for me. I used this to my advantage by going to these type of websites right before my auto insurance premium was to expire. Even though I still had to do some typing, it was more efficient by going to these types of insurance websites because I only had to enter my information once.
By: Craig Realton
Low Auto Insurance Rates: the Secret to Getting Cheap Car Insurance
Want to know how to get low auto insurance rates? It’s really not all that difficult, and for many people, lowering their insurance bill by hundreds of dollars a year is quite possible.
The first thing you should do to lower your car insurance rate is incredibly simple, yet most people never even think to do it. Simply call your insurance company and ask them what discounts they offer. Many companies give a wide range of discounts for everything from AAA membership to good grades to college alumni status. Often times, people have no idea that they could qualify for one or more of these discounts. Therefore, you could possibly save hundreds of dollars a year by simply making this one call.
Another great way to save big on auto insurance rates without even changing insurance companies is to raise your deductible. If you have a deductible in the range of $250 or even $500, then you could probably save quite a lot of money each and every year by simply raising your deductible to $1000. In fact, many people can save enough in just one year to cover the difference in their deductible, should they ever get into an accident. And that savings will continue year after year. So ask your agent about lowering your deductible, and you could save even more money.
Of course, you might not be able to get the lowest rates unless you shop around with other companies. Different auto insurance companies use different formulas to come up with their rates. Thus, even if you are currently with a discount insurer, there might be a company out there that would offer you substantially lower rates, simply because they evaluate your individual circumstances differently than do other companies.
Therefore, it really pays to shop around and find the lowest rate. But when shopping for car insurance, be sure to check with a broad range of companies. The lowest rates aren’t always found with the “discount” insurers. If you do your homework, inquire about discounts, and raise your deductible, you can get low auto insurance rates and save literally hundreds or even thousands of dollars each and every year.
By: Scott Miller