One of the joys of car ownership is deciding on insurance.  Of all the ways to spend our money we would be hard pressed to find that one person that enjoys this experience.  What should we look for in the plethora of companies offering cheap auto quotes instantly online?  There are a lot of marketing dollars being spent to grab our attention with offers of comparing several companies to determine the cheapest price online.

Here are four important factors to consider when surfing the internet to find insurance.

1)    What is the rating of the company offering insurance?

AM Best is a company that rates the strength and stability of almost all insurance companies doing business in Las Vegas or Nevada or any other state in the union.  There are two indicators one is an alpha rating and the other is a roman numeral; IE: A XV.  The higher the letter or the number, the stronger the company and the better ability that company has to pay claims or be in business when you need them.

2)    If there are questions about the policy, billing, claims, etc., who are we going to call? 

A better question to ask is WHERE are we going to call?  Many companies use call centers in India,or some other remote part of the world that will get labor at a lower cost to answer your questions.  They may speakEnglish but that doesn’t mean they understand what we are talking about.

3)    What coverage is being provided?

It is common practice for insurance companies to offer “teasers” in marketing advertising to get our attention.  The premiums indicated in these ads may be for state minimum limits or very high deductibles.  Neither one of theseoptions should appeal to any of us.  Make sure the limits and deductibles match what our current policy provides or it may mean trouble if a claim happens.

4)    Is it worth changing companies to save money?

The first response to this question is “HECK yeah!”  Any chance we get to save money is a good thing, right? The real answer is not always!!  Some insurance companies offer credits for the length of time you stay with a company,even if it isn’t the company offering the quote.  It may not be worth saving $50 over a six month period if the “loyalty”credit is $75.  The only way to really know if this credit is offered and what the savings may be is to talk to a broker. They should know or we should find a different broker.

For more information on car insurance quotes online, please visit our website www.stilesinsurance.com.  

Under the FAQ tab, there are answers to commonly asked questions about car or home insurance.