Cheap Insurance Rates
Cheap Insurance Rates
IS THE CHEAPEST REALLY THE CHEAPEST?
By Tom Black
Serenity Insurance Group
When we shop for auto insurance, most of us are looking for the best price or payment. Assuming all companies have the same financial rating and coverage forms (the policy), why wouldn’t we go with the cheapest price? Let’s look at how different companies with the same or better rate can actually be more expensive.
Some companies make large profits on fees charged to customers. For example, let’s say you lost your ID card. You request another from your company, and they charge you $10. Or, you may have a new car within the policy period, and add that car to your policy. Some companies charge fees for change endorsements, maybe another $10 or$15. If possible, pay your premium in as few payments as possible. Most companies charge $9 to$15 per payment. This really adds to your total insurance cost.
DID you accidentally let your policy lapse? Well, hang on to your hat! The company may demand a much larger down payment, and additionally charge you a large reinstatement fee.
You can get Cheap Car Insurance Quotes without a lot of excess fees and charges from Serenity Insurance Group’s fast and friendly agents by visiting their website, by live chat with an agent online, by a one click request for an agent to call you or by calling them directly at 1-800-774-0520.