Hey Dawn. I can lower that home insurance premium with another carrier. It’s about $200 less annually than your current insurance with XXXX Insurance.I emailed him back and said that no, I would rather pay an extra $189. Ha! Of course I want to switch! I asked him to send me the forms ASAP.
Let me know if you want me to switch it. Your mortgage company already paid it so I would send you the $189 difference between premiums in a few weeks.
We can look at moving your auto to this company at the July renewal. I think we can drop your auto a little bit then too.
Do you check your insurance every year to make sure you have the best coverage? I used to be bad at this in the old days. I would stick with one company long after it made sense to switch, just because it was easier and out of some weird sense of loyalty... even though back then I never even talked to my agent!
The advantage I have with my current agent is that, not only is he my brother-in-law, but he also really loves his job. I've encouraged a couple of my coworkers to go to him and one of them tells me all the time how great he is. When someone really cares about what they do, they tend to put a lot more heart into it. My house painter is the same way, you can just tell he loves what he is doing. I got to admit, I wished I felt that way about my present job. Its a good place to work, but I don't have the passion for it these guys do about their jobs.
If you don't have an agent like mine who keeps an eye on this kind of thing for you, make sure you are doing your own research every year. Companies are really hurting for business right now and with all the competition out there, you might be able to lower your premiums or increase your coverage for less than what you were paying. Just make sure to read all the fine print!
I would love to see the cost of my auto insurance go down. Unfortunately I got a speeding ticket a few years ago and that has been raising my rates. It was only for 5 miles over, but still, that has an effect. That ticket should be dropping off here soon, so hopefully that will help considerably. Since the car will be paid off in June, that will be my only automotive costs, other than fuel and maintenance, of course.
My brother-in-law said he would be mailing me the paperwork this week, which would be excellent. That $189 will make a nice unexpected windfall.
Photo by: djbones