Can you recommend a good site on the internet to have my current insurance: home and auto evaluated to find the best coverage for the best cost?
First, thank you for asking your question. I think this is a very good question and most Americans can save a lot of money by periodically review their home and auto insurance policies. I went through this last year and if I recall correctly, the savings was over $1,000 a year.
Now, let me give you some good news and a bad news. The good news is that insurance premiums are more negotiable than most people think, and with some work, you can save a lot of money. The bad news is that there’s no easy way to quickly identify the best deal for home and auto insurance.
Here are three basic things that you can do:
In the end, you’ll want to do all three and spend a lot of time on the phone to try and find the best rate. Here are a few things that you want to consider, because they can safe you quite a bit of money.
Lastly, be willing to get the insurance companies to compete with each other for both the rate and coverage. You’ll be surprised.
Now let’s go to feedback from other M-network members.
I think Esurance.com is supposed to be pretty good, but I have never used them. When I need to get rate quotes, I pick 3 or 4 companies and call up a local representative to see who has the best rates and coverage. For me, right now, State Farm is the best for my home and auto insurance.
Oh, and if you are in CA or WA (I think those are the only 2), they should contact Wawanesa. Funny name, but great company and the lowest rate and best coverage I had in CA. They only cover good drivers and they are only in a few states, but definitely worth checking out if in one of those states!
I do exactly as David. I just call a bunch of companies and get quotes. Be careful though and make sure they are giving you fair comparisons. Make sure the coverage is the same and deductibles are equal. Once you have quotes, starting playing them off of each other. Local agents can discount.
I use State Farm and have since I was 16 years old. I call around every 5 years or so. State Farm is generally the lowest, but when they aren’t, they always beat the lowest price.
I basically second (third) the two wise gentlemen who have already answered. I find comparing online, it is too easy to get different coverage types compared together. Apples to oranges, so to speak.
Where we live now, we have found Allstate to be the least expensive for our situation, but in the past it has been Geico and State Farm (when we lived in different places). Make sure to, if you have multiple policies, collect them together into one provider. You get discounts for that.