The average American citizen spends around $1,500 on car insurance each year. Insurance prices vary based on many different factors, including geography. Each state has different requirements, so your rate is also influenced by where you live.
Another major factor in what you’re paying is likely the company you’re working with. If you’re going to pay auto insurance companies so much each year, you want to know you’re working with the right people.
Not sure you’re getting your money’s worth out of your current insurance provider? These five signs are sure indications you need to consider switching.
1. Scope Out New Auto Insurance Companies if You Got a New Car
First of all, congratulations on the new set of wheels. Whether it’s your dream vehicle or something to get you from Point A to Point B, a car is one of life’s major purchases.
You want to protect your vehicle, so you want to work with the best auto insurance company. Your needs may have changed, so don’t settle for what your current insurance provider is offering. Shop around and find a better deal.
2. Your Rates Keep Climbing
How long have you been with your current auto insurance provider? If the answer is “years,” you expect some kind of recognition for your loyalty.
If your rates have just kept climbing, it’s time to find someone new. The best auto insurance companies reward their loyal customers by providing better rates.
3. Customer Support is Non-Existent
You submitted a claim and you haven’t received the check yet. You called customer support to get answers to your car insurance policy questions or common auto insurance assumptions. You either can’t get through to someone, or nobody knows the answers.
You can’t even go online to find answers or email them, because they don’t have a website.
If this is the kind of service your auto insurance company is providing, it’s time to make a switch. Better service does exist.
4. Your Current Coverage is Lacking
Many people hunt for cheap car insurance. You may have thought you scored a great deal, but now that you’re looking over the policy again, you’re not sure.
When you’re looking at auto insurance companies, you want to be sure you’re getting more than the lowest price tag. The best auto insurance company is going to provide great value with your policy.
If you’re concerned about your coverage, a switch is one of the best moves you can make.
5. You Haven’t Updated Your Policy Recently
Life comes at you fast. Maybe you switched jobs, moved cities, got married, or even had a child. All these factors can change your insurance policy.
You might be surprised to find some of them can affect your rate negatively. You may also want to add extra coverage to your policy, only to find it’s going to cost you a lot more.
If so, it’s time to seek out a new auto insurance provider.
Finding the Right Insurance Provider
There are dozens of auto insurance companies out there. How can you be sure you’re working with the right company for you?