Some people say that you should get a car insurance quote every time you receive your bill, which for us is every six months. I kept saying I was going to do it, but then the bill came, and it was just too much bother. However, I finally decided to get it done. After getting quotes from many different companies, I found that all but one would charge me the same as I was currently paying. That one, however, was $200 less per year.
With that quote in hand, I contacted my current insurer. Lo and behold, they were able to match that quote by enrolling me in a program for people who paid their insurance in full every six months. Now, we had always paid our insurance in full every six months, but our agent had never told us about this program or enrolled us in it until we asked. So, it pays to check. An additional small discount is available for those who pay their insurance in full for the entire year.
You might also have noticed that your insurance company assigns you a credit rating. This isn’t the same as the credit rating which lenders give you. The rating which the insurance company gives you helps determine your insurance cost. This rating information should be on your bill. It also says that you can ask for a review of your rating once a year. If you feel that your rating is too low, make sure you call them for this review.