If you've ever had a representative quote a price for car insurance, only to find the premium higher when you get the first bill, you'll understand how deceptive some estimates really are.
Sometimes the representative doesn't mean to bait and switch.
Perhaps, there's a traffic ticket in your past that you forgot since it was so long ago.
Sometimes insurance companies look at your credit rating, something your rep has no privy to, and increase the cost of the premium because of a negative rating.
This increases the cost of the insurance but your representative would not have known it at the time of the quote.
Unfortunately, you might end paying more than your original premium.
After you've already canceled the first policy it's too late to change your mind and renew the policy you dropped.
If you've had a negative change in your insurability then your old company now looks at the record, as though you're a new customer and increases your rate.
How do you avoid this? You have several alternatives.
First, find several websites that offer car insurance estimates for multiple companies.
Check your present coverage and input the exact coverage for your quote.
You need to be certain to compare apples to apples.
If you have a $250 deductible for comprehensive coverage and the online quotes you a $500 deductible, you don't have as much coverage and the price should be a lot more inexpensive.
Besides the deductibles, also make certain that your liability limits are the same.
This includes your uninsured/underinsured limits of liability.
You deserve the same benefits you'd offer others if the other driver causes a bad collision and has no coverage or minimal coverage.
Sometimes the representative doesn't mean to bait and switch.
Perhaps, there's a traffic ticket in your past that you forgot since it was so long ago.
Sometimes insurance companies look at your credit rating, something your rep has no privy to, and increase the cost of the premium because of a negative rating.
This increases the cost of the insurance but your representative would not have known it at the time of the quote.
Unfortunately, you might end paying more than your original premium.
After you've already canceled the first policy it's too late to change your mind and renew the policy you dropped.
If you've had a negative change in your insurability then your old company now looks at the record, as though you're a new customer and increases your rate.
How do you avoid this? You have several alternatives.
First, find several websites that offer car insurance estimates for multiple companies.
Check your present coverage and input the exact coverage for your quote.
You need to be certain to compare apples to apples.
If you have a $250 deductible for comprehensive coverage and the online quotes you a $500 deductible, you don't have as much coverage and the price should be a lot more inexpensive.
Besides the deductibles, also make certain that your liability limits are the same.
This includes your uninsured/underinsured limits of liability.
You deserve the same benefits you'd offer others if the other driver causes a bad collision and has no coverage or minimal coverage.