I used to renew my auto insurance every year automatically, not even considering the increasing cost. It makes me cringe when I think about all the money I have wasted over the years. I want to share with you a quick and easy way to save hundreds of bucks on your annual auto insurance. I also want to reveal a secret your insurance company won’t tell you. A simple, but effective method that I will share with you later allowed me to cut my annual auto insurance expenses by half.
This was the first time I tried this method. I was stunned and confused when I found out that Auto Insurance Companies were cheaper than my regular insurer for exactly the same coverage. I confronted my previous insurance company to find out why they couldn’t give me an acceptable answer… then it hit me!
Perhaps you’ve experienced it too. Even though you have not filed a claim, your car insurance costs increase every year. Statistics show that the longer you have been with an insurance company, the lower your risk to them. Therefore, your insurance costs should decrease every year. Insurance companies use statistics only when it increases the risk or makes the insurance more expensive.
Imagine how much you could save on your annual insurance. What would you do with the extra money? The extra money I have goes towards our annual family vacation. It’s a substantial contribution. The insurance costs for both of our cars were almost half what we paid, which adds up quite a bit. It’s quite a feeling to be on a sunny beach and watching the children play in the sand, knowing that our insurance company contributed to the cost of our vacation.
Referring to my earlier comment about my previous insurance company not being capable of giving me an answer as to why my insurance premiums were increasing rather than decreasing, I’ll say this again. It’s not that they couldn’t give me an answer, it’s more that they didn’t want me to find the true reason.
This was what I realized. Insurance companies are always seeking new customers. Their main focus is to gain a larger market share at any cost to be able to compete with the rest. They go out of their ways to attract new customers.
Some even go so far as to offer huge discounts to new customers that they wouldn’t give to their existing customers. This is why your annual expenses go up each year, rather than decreasing. You are potentially paying for the discounts that you pass on to new customers. Is that not enough to make you mad? Sorry if that makes you angry. It wasn’t my intention to get your blood pumping. I was just trying to help you understand what was happening and why your insurance costs keep rising.
You can take advantage of these special discounts to get low-cost auto insurance. Just like I did, you could save as much as 50% on your car insurance renewal. Playing the insurance companies is the best way to get low-cost auto insurance quotes. You must be a new customer every time you renew your auto insurance. This will help you get the best auto insurance deals. Although it takes some extra work, there are many websites that can help you find the best deals.
You now know the secret to auto insurance that you won’t have to pay more than you should!