Does it really help if I make it a habit to compare auto insurance company rates annually? I currently have auto insurance in Portland Oregon but I always feel that I may still be able to get a better deal from another company.

Jasmine

Portland, OR

Auto insurance companies are always looking for ways to increase what you pay for your premiums. Examples are, if you have an accident, if you have a teen driver, if you file certain types of claim, if you don’t have a garage, if you buy a car that happens statistically to be stolen more often, if you change jobs and have a longer commute to work, and etc. All these reasons give an insurance company the right to raise your auto insurance premium. The only way for you to make them stop increasing your rates is to make them compete for your business. As in all negotiations, information is power and you have to be willing to walk away from a bad relationship.

First is, you can get multiple insurance quotes in Portland Oregon without having to talk to an insurance agent or sales representative. There are many websites available that allow you to provide driver, vehicle, claims and violations information online in order to show you insurance quotes from multiple companies. You can in fact visit each company’s site individually and request a single quote from each.

You would also need to show insurance companies that they can’t just raise rates whenever they feel like it. Insurance companies know that an increase in rates will only motivate a small number of their policyholders to look elsewhere. They usually count on your apathy so don’t let them get away with it. Remember that options are available in case you need to look for another company so shop for the best auto insurance policy that suits your needs.