Insurance FAQ
 

What Are Some Cheap Auto Insurance Companies?

I pay 193 a month for basic liability with 21st century Insurance. Where can i get a cheap quote?


Answer: Find an agent that carries lots of different companies. They can usually find you something cheaper.
 
 

Can Somebody Please Explain To Me Why Some Auto Insurance Companies Are So Cheap While Most Are Outrageous?

I just got a new car and i've been getting some quotes. I have no auto accidents and no tickets in the past 7 years. Why are alot of companies so ridiculous and some reasonable? I've noticed that the main ones like Geico, Allstate, Progressive are the high ones while the little businesses are the cheapest.


Answer: It has to do with loss experience. The companies that have to pay out more losses have higher rates. Progressive will take anyone with any driving record. The smaller companies tend to be more selective, they only want people with clean driving records, they tend to not take younger drivers on their own (will only take them if they are on their parent's policy). It could also be that some of the smaller companies do not credit score yet. If your credit score is not great, this could be a factor too.
Before you purchase your policy, check on ambest.com & see the company's rating. If the company is rated A- or better, go for it. If they are any lower, don't. Usually, the smaller

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Can Someone Suggest Some Really Cheap Auto Insurance Brokers Or Companies In The Toronto Area ?

My current one said 240 a month three weeks ago and now its 300 after I paid my first cheque and signed up. Petley Hare - they are crooks and liars. I just want to dump them and get another forget about the money - just use a months worth and get rid of them liars and crooks.


Answer: All the major car insurance companies claim to offer the cheapest rates and best service. However so many factors go into your car insurance rates, and companies do differ. They consider your driving record, age, location, credit, and many other details.

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What Is A Good Cheap Auto Insurance Company I Can Buy Insurance From.?

I told a friend at work how much I pay in insurance per month and he was appalled. He told me I could do much better if I shopped around a little. I have no incidences for the past 15 years. am college educated and in my early 40s. I need full coverage but want it cheap. Any Ideas?


Answer: call an insurance broker and get a quote. That is free to you. Some insurance companies will assign you a credit score, some do not. (They are proprietary models- not FICO) .Insurance companies assign additional risk depending on where you live- a big city may be more expensive than a suburb or rural location- more likelihood of damage to auto, or theft of vehicle. Additionally, it depends on what you drive.
If you purchase renter's insurance or homeowner's insurance, some companies will give you a discount if you place them both with the same carrier. So, call an independent agent for a quote, and then compare that to the direct insurance companies like Allstate, State Farm, etc.

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What Is A Good Cheap Auto Insurance Company?

I had missed some payments from geico a while back, and havent had insurance for a couple months so now it is getting more expensive to get another insurance, but I need just a cheap, basic policy with minimum liability and collision, any suggestions/


Answer: The words "Good" and "Cheap" don't really belong together when you are discussing auto insurance policies and their coverage. There are several good insurance companies and there are several inexpensive insurance companies also.

If you just want a good insurance company, I suggest getting out your telephone book and pick any company at random. No matter which one you select I'm certain you will find a number of good points about that particular company.

There are several factors involved in the way any insurance company prices their policies:

Age of the person to be insured. (Although a person who is only 16 may actually be one of

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How to find cheap auto insurance online

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