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May 24, 2010 Property and Casualty News
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Are Most Drivers Overpaying for Car Insurance?

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Source:  PR Newswire US
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CLEVELAND, May 24 /PRNewswire/ --Insurance.com, the premier destination for shopping and comparing auto insurance quotes, reminds drivers if they haven't compared car insurance quotes in more than a year, they could be losing money – a lot of money!

"Car insurance rates are always changing, whether from market conditions or because of changes in a driver's personal life," says Rob Klapper, insurance.com CEO.  "Buying a new home, getting married, even growing a year older – these are all things that signal a need to shop and compare quotes to see if you're entitled to a lower rate."

Insurance.com recommends drivers review their current policy to:

  • Make sure they're getting all the discounts they're entitled to, from good grades to paying online,
  • Adjust their coverage based on the value of their vehicle,
  • Set a higher deductible, if they can afford it; and,
  • Watch their credit, as that can affect premium price as well.

Reminding drivers to regularly review their car insurance is part of a greater effort by insurance.com to educate drivers on the financial importance of comparing car insurance quotes. Car insurance shoppers who visit insurance.com will discover:

  • After price, what to compare when buying car insurance.
  • The top 5 reasons to compare car insurance quotes online.
  • How to compare car insurance companies.
  • Car insurance comparison quotes checklist.
  • The difference between a quote, a rate and a "guesstimate".
  • How car insurance quotes work.
  • How to get the lowest car insurance quotes possible.

About Insurance.com

Insurance.com, the premier destination to shop for and buy insurance, is also the leading online independent auto insurance agency in the United States. Innovative technology allows consumers to link directly to the rating systems of more than a dozen top insurance companies that then compete for the consumer's business. Insurance.com empowers consumers to instantly compare rates, make smart decisions, and buy the policy that fits them best. Since 2000, millions of drivers have saved both time and money by shopping for and buying through insurance.com or speaking by phone with its expert, licensed agents.  Insurance.com is headquartered in Solon, Ohio.

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Insurance.com

Media Contacts:

Thomas Tennant

440.715.0075, ext 1114

[email protected]

SOURCE Insurance.com

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