Comparing Auto Insurance Rates

Photo Credit:  ChicagoEye

Hunting for a Deal on Car Insurance

We’re in the process of comparing auto insurance rates. We’re currently with Progressive auto insurance and have been with them for almost 2 years. We got a letter and email informing us of an increase of our monthly premium from $105 to $117. I called and asked about the rate increase and I was told it was due ti increasing cost of medical coverage in the entire state.

Renewal time always reminds me to keep checking our rates to see if they are still competitive.

Side by Side Comparision of Coverage and Costs

The Progressive premium for six months is $697.48. The coverage includes:

• $50,000/$100,000               Bodily Injury
• $50,000 Property Damage Liability
• $50,000/$100,000 Uninsured & Underinsured Motorist
• $500 deductible                  Comprehensive *just for my VW*
  
• $1,000 deductible                Collision
• No deductible Emergency Roadside Service *just for my VW*
• $30/day, $900 max/claim      Rental Reimbursement *just for my VW*

The Geico premium for six months is  $321.58. The coverage includes:

• $100,000/$100,000              Bodily Injury
• $100,000 Property Damage Liability
• $50,000/$100,000 Uninsured & Underinsured Motorist
• $500 deductible                  Comprehensive *just for my VW*
  
• $500 deductible                  Collision
• No deductible Emergency Roadside Service *just for my VW*
• $30/day, $900 max/claim      Rental Reimbursement *just for my VW*
  

I went to AllState’s site to see what they offered and here is the ball park break down for insurance coverage:

I tried several times to get an estimate from State Farm, but their site keeps going down. I also went to “the General’s” site to compare different insurance, but I got Geico again.

We’ll discuss it this week if we want to switch to another insurance company or not. While Geico looks like it’s the cheapest, my concern is over their customer service. I know a few people personally that had Geico, got into an accident, and switched due to their cheap service.*Sighs* Another bill to think over. While we do have a budget, I want to have a good company behind us.

Which insurance company do you use? Are you happy with the customer service? Conversely, do you know of a company to avoid, why?

• How Am I Doing With Ramit’s Save $1,000 Challenge? Part 2   Photo Credit: Ramit Sethi It's Friday and I'm waiting for my in-laws to come and visit us this weekend. The apartment has been cleaned several times in preparation for their visit and I'm tired (it's only 10am). Since I have a few minutes I decided to go ahead and update......
• Pet Care | Ways to Save Our Cat's Situation Our cat has been sick for over the past month. He has started to have accidents on the carpet which is bad enough, but we also noticed his urine was a reddish orange. Worried, we called our regular vet office and scheduled an appointment. He was diagnosed......

• Saving Money with the Correct Car Insurance Deductibles When shopping for car insurance, there are a few deciding factors when choosing a policy. There is the initial cost, type of coverage and the deductible amount. Car insurance deductibles can range anywhere form $250 to $1500 depending on the policy and insurance provider. The deductible is the amount......
• Save On Your Car Insurance With Proper Emergency Savings We already know the importance of adequate savings don't we?  Well here's an additional benefit for having savings - You can save on your car insurance! You know about your car insurance deductible? This is the amount you have to pay on an insurance claim before your insurance kicks in......