Tis’ the holiday season and that means sales everywhere you look. This includes sales and discounts in the ultra-competitive auto insurance industry, where with only a few minutes of online clicking and typing you could literally save hundreds on your next auto insurance policy.
During the holiday season auto insurance companies really ramp up their advertising and discounts because they know consumers are purchasing cars (new or upgrades) which need to be insured and the majority of auto insurance policies renew at the end and beginning of the year. So take advantage of the lower premium prices by following these two simple steps:
1. Get a FREE, no obligation quote. When you get the free auto insurance quotes, make sure you include similar characteristics (like deductibles, comprehensive coverage) so that you are comparing apples to apples.
2. Review the quotes to see which is the best deal for you, and then call your current provider. If you like your current insurance provider, encourage them to match or at least come close to matching the lowest price you found. Otherwise the decision is easy, switch and save! While it can be a little bit of a hassle to switch, saving a few hundred dollars can definitely ease the pain.
You will more than likely save money when/if you switch. Insurance companies know they have to provide you with a significant discount and reason to switch from your current provider. They call this an acquisition cost. Their hope is that when it comes time to renew, they can pass on higher premiums to you. That’s why you need to repeat the steps above and implement the switch to save strategy all over again.
Full disclosure: While I do receive a small commission when you request a quote, which I appreciate and supports the running of this site, the quote is 100% FREE to you and I only recommend that you sign up for a policy if it makes sense for you.