Online Auto Insurance Highlights the Importance of Comparison Shopping

Completing a comparison of various car insurance carriers is a vital step to finding affordable rates.

Online PR News – 10-May-2010 – – Comparing quotations from multiple companies is one of the most effective ways to find the best deal on automobile coverage and taking the time to compare rates from various insurers can lead to big savings. With so many providers that are licensed in a given area, completing quote comparisons is an important step to finding the most affordable premiums.

OnlineAutoInsurance.com strongly encourages motorists to complete an auto insurance quotes comparison in order to help ensure that the lowest rate is found from a reputable company. Consumers should be aware that each carrier has different pricing and each applicant will pay a different amount for the same coverage based on various factors. Therefore, no single insurer can be cheapest for all drivers and the consumer must take the time to seek out the best price for them particularly; a recent study showed that premiums can differ up to 200% for the same product.

Comparing rates is also advised by government consumer guides. A consumer’s guide provided by the Maine Bureau of Insurance states, “Comparison shopping takes time but it will save you money. The only way you can make sure you are not paying too much is to shop around and find out what different companies charge for the same products and services.”

Source: http://www.maine.gov/pfr/insurance/consumer/auto.htm

Although it does take some time to complete an effective comparison it is well worth it and may be done quicker online; many insurers offer rate quotes on their websites and a comparison website can offer quotations from several companies to compare from. Consumers can visit http://www.onlineautoinsurance.com/quotes/ for free rate comparisons to assist in locating the cheapest policy.

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