Should I Shop Car Insurance This Year?

Shop car insurance regularly to review coverage and compare savings.

Roughly 72% of us renew with our car insurance company each year. But many of us could be saving hundreds of dollars if we shop for car insurance.

Really!  Hundreds of dollars if you shop car insurance.

Check it out and you decide to shop car insurance today, roughly 60% or more of us could save money.

Why don’t you shop more frequently?

If you’re still asking yourself, “should I shop car insurance this year”?  The answer is “yes,” but many of us simply will not shop for car insurance any time soon.

Honestly, that’s the reality … remember 72% of us renew our car insurance each year.

Those who could save money are the least likely to shop

Of the 72% of car insurance customers who renew each year like clockwork, nearly 62% of you can save money if you shop your car insurance. Many of you don’t because it’s easier to stay or there is a lack of understanding how much money can actually be saved.

In fact, those who stand to save the most money if they shopped their insurance may actually be the least inclined to do so.

Several years ago Progressive Insurance published an analysis that showed that the same risk can have a variance in price of $400 or more annually on car insurance.

Sure, shopping for insurance is not fun, and yes every insurance company out there is telling they can save you $300 or $500 by switching.  But if you do invest your time wisely, you can save money on your car insurance.

So, before you put that car insurance policy back in cruise control, think of the things you could spend an extra $400 on this year:

• Morning Coffee for about one year
• Internet Services for about one year
• 18 Pairs of movie tickets
• 2 Great Tickets to see your favorite band
• 10 Months of lunches away from the office
• Buy roses for that special someone every 2-months
• Get a gift for your favorite insurance agent (OK … I made that one up)

All these things are more fun than paying extra for car insurance premiums!

So are you ready to shop car insurance?

When you’re ready to start shopping we recommend you find a source that can provide you comparison insurance quotes, this way you can see the difference between car insurance companies, and make an educated choice where you’ll spend your insurance premium dollar.

Car insurance companies will offer differences in premiums, optional coverages, and some will even have more restrictive policy language … excluding certain risks from coverage. Insurance companies are not all the same.

You want to make sure you’re getting a better price, not just getting less coverage.

If you shop car insurance, you can save money. You should make sure you have an agent, like an independent insurance agent, who can provide you options and explain the benefits and coverages, and will provide you a review each year … so you know that you are making the right choice when you elect renew your car insurance.