Car Insurance: When Should You Switch Companies?
Saturday, September 25th, 2004You may have had your car insurance with the same company for a long time or just a short while. For many reasons though, it may be time to switch. Here are some of the common ones.
You re moving. When you move to another state, you ll need to alert your current insurance company. They may not provide coverage where you are moving, or they may have to change your rate.
You ve received poor customer service. Maybe you ve had a claim and it took forever to get resolved. Or maybe the representative was rude or didn t return your phone calls in a timely manner. These are all good reasons to start shopping around for another insurance company.
The company raised your rates. Insurance companies don t typically raise rates without a reason. It may be because of a high number of losses in your state (in which the company usually has to petition the state insurance department before they can raise rates), or it may be because of something you did. Perhaps you got a traffic citation. If your ra (more...)
