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Three Tips for Renewing Your Car Insurance Policy

7 March 2017 By admin Leave a Comment

As it is now officially 2017, many drivers are going to have to renew their auto insurance policies sometime in the near future, and if you are like most drivers, you may not do much about it. Many simply press renew, without changing much of anything on the policy. People think there isn’t much they can do to reduce their car insurance bill when in actuality there are numerous things that can save hundreds every year. Here are the three main ones:

Don’t Always Assume Your Company Has the Best Price: Comparison Shop

Before we even discuss your policy, you should see if your company is even the best car insurance for you in the first place. In any town in America, there are no less than six companies, but likely several more, that want your business, and they may differ by thousands of dollars. The competitiveness of the auto insurance market makes it so no one company is the best priced in every town and city. GEICO is a top three cheapest insurer in nearly 60% of all cities we surveyed, and while that is more than most, there are still thousands of cities where it can be a more expensive option. The only way to know if you live in one of those towns in the 40% is by comparison shopping.

Even if you are content with what your current company is offering you, there is a good chance another company can offer you an even better rate. ItThe internet makes it very easy to do it. You don’t even have to go through the quote filing process if you are short on time. You can read articles like this one, where we discuss where people can find the best cheap car insurance in Los Angeles.

By : ValuePenguin

See full story at www.nasdaq.com

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Filed Under: Tips Tagged With: car insurance

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