The answer to that is most likely No One! In the 25 plus years I have been in the insurance business no one has been mad that their rates went down. Now as far as purchasing insurance going with the absolute minimum coverage to save money is not always the best idea and can leave you with COSTLY gaps in coverage potentially. However one way we can try and get rates down that is good is in the form of discounts.
Good Student Discounts
Electronic Monitoring Discount - they put a electronic monitor in your car for a short period to assess how you drive and if it is good they may lower rates.
Multi Policy Discounts
I want to talk about Multi Policy Discounts. Many times when you bundle your home with your auto with the same carrier they could lower your rates sometimes up to 25%. Depending on the insurance company(carrier) and what they offer for products they may not only do this with just Home and Auto but with maybe Auto Insurance and Renters Insurance as well.
Or possibly by adding a life insurance policy with one of your other policies. You may have life coverage through work but you may want to check if you can take that policy with you if you leave that job. The downside to not being able to take a work policy with you is that life insurance still has medical underwriting to it so if you are leaving a job for a illness it may now be too late to get a life policy if they will not take you on because of the illness. Multi Car Policies can save you money as well. Have you got a few cars all at the same household if you put them all on the same policy they can often get you a discount as well for putting them together with the same carrier.
Now lets say we look at what bundling might do for you and we find it did not change the rates much or at all. The beauty of my business is that I don't work for just Progressive or AAA or Travelers insurance just to name a few. I am an independent contractor with MANY Insurance Companies(Carriers). So I can actually look at what everyone is offering and see if maybe bundling with the same carrier is not the best option and putting a piece with Company A here and Company B there would suit you better. When rates change and you are perhaps unhappy about that we can look again and see what the other carriers have to offer and then check again if bundling your policies will work the next time around.
If bundling your policies with one carrier for multi policy discounts is not the way to go I want to also say getting them all under one roof (Like Colgrove Financial's Roof) would be beneficial. So no multi policy discounts this time around but with all your policies in one place you have ONLY one place to call to deal with all of your insurance needs so we can at least save you some time. We know you time is precious, let us give you some of that back to do the things you love to do instead.
Did my Team ask you what other policies we can help you out with? I want to know you can shoot me an email and let me know how they did at Craig@WearingTooManyHats.com or by visiting the Contact Us page of our website