It pays to shop around for auto insurance
Auto, Insurance, Personal finance, Tips for saving money
In general, talking to insurance agents isn’t on top of people’s lists of enjoyable things to do. But, having just moved, I took the opportunity to shop around for car insurance. I’d been with Traveler’s for over seven years and, like many people, had just the renewal put it on autopilot.
But I was very happy to find that I was able to decrease my insurance costs by ~$500/year by switching providers. I was also surprised at the range of quotes. Below are some that I received, just to give you an idea:
Company | 6-month quote |
Traveler’s | $588.00 |
GEICO | $345.70 |
State Farm | $738.00 |
Progressive | $640.90 |