Auto Insurance Rates in Palm Bay, Florida

Frank: One of the other things I'd like to talk about is why you should shop your auto insurance. A lot of people get with the same company and stay with them for years. They don't really shop, and I don't think that's wise. Even if you read Consumer Reports, they will tell you to shop your rates not in between a direct writer, but go to some of the independent agents as well. There are several things that will affect your rates.

Kevin: Absolutely. Your auto premium can be based on a number of variable factors, anything from the age of the children or the age of the individuals on the auto insurance, the type of car that you drive, crash statistics - national crash statistics can have a huge impact. The geographical region that you live can have a huge impact. And these things are always changing, and several of which are out of your control. It's always a good idea to have your auto insurance shopped at least every couple of years to make if one of those variable factors have changed, you're not missing out on some possible premium savings.

Frank: One of the things we do, we have a program that will do five different rates at one time. And what's amazing to me is that the person sitting across from us has the same risk, but the companies will have rates that typically will vary up to 40%, and I think it really depends on the company who they're most comfortable insuring. Everybody's so different anymore that these rates aren't very consistent. One company might have higher rates, and they're going to terrible for this customer, and all of a sudden, they're the lowest. So, it does really pay to shop.

Kevin: Absolutely. And it's also important to remember that if you have significant changes in your life, if you get married for example, it might be a good idea to shop your auto insurance because one of the partners might have a better driving record than the other, might have a better credit score than the other. There might be an issue there that can help control the pricing of the auto insurance favorably. So, it's important that your auto insurance agent understands exactly how things are with your situation currently and is able to keep you up to date on any changes in your life or in your area that could have a direct impact on the cost of your auto insurance.

Frank: And especially if you have teenagers. I mean, teenagers are so expensive. And again, the company's rates deviate so much for teenagers. Some are more inclined to insure them. Some have special programs for them called Teensurance, where they want to insure those teenagers, and they want to help them take courses so they have fewer accidents. So, you do want to shop, especially if you have teenagers.

Kevin: Absolutely, it's extremely important that you contact your insurance agent, ask them if there's any possible factors that have happened in your life that could change the pricing of your auto insurance. You may not have had any accidents in quite some time. Contact your insurance agent today and ask them to quote your auto insurance for you and see if maybe some of those changes in your life will have a direct impact on how much you're paying for your insurance.

Frank: Again, give your agent a call, review your policy, and if youd like a second opinion, give us a call at the Insurance Center of Central Florida. Our number is below.

http://www.theinsurancecenter.us/
888-363-4706