Ohio Residents Benefit From Falling Rates

The Ohio Department of Insurance has said that for the third year in a row now insurance rates have dropped. This has been attributed to increased competition among insurance companies and fewer claims. While this trend is not expected to continue into the next year it is interesting to note that Ohio now has the 11th lowest insurance rates in the nation.

Read the full story here:
http://www.insurancejournal.com/news/midwest/2009/12/04/105753.htm

Related posts:

  1. Nationwide Trying New Discount Program in Ohio
  2. State Farm Raising Rates in Florida
  3. Car Insurance Rates Increasing Due to Economic Factors
  4. Nevada Residents Facing New Car Insurance Requirements
  5. Your Honda Civic Might Have Higher Insurance Rates Than a Jaguar

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"After being with my insurance company for just shy of 10 years, and after having shopped at companies that everyone around my hometown swore were the cheapest (including unadvertised "bargain" companies and giant comparison shopping brands), I decided to shop here at CheapCarInsurance and ended up saving just under $1,100 off my annual insurance bill, which is a lot more than I ever could have imagined anyone saving, especially me, an avid online shopper and extreme bargain hunter [...]

This is pretty ridiculous considering the fact that: 1st, I had regularly asked my former insurance company for reviews and discounts; 2nd, I recently got a speeding ticket in a school zone (which I am a bit ashamed to say) just before I switched; and 3rd, that $1,100 savings was before I got an additional discount for bundling my home insurance on my policy (which is a lot lower now too).

Unfortunately, and surprisingly, 10 years of loyalty did not pay off for me, and was replaced by a 5 minute quote that will save me thousands down the road. In short, our family owns 3 cars, and my new rates are about half my old rates; so not bad for the little additional time it took to compare quotes and digitally sign a policy.

Obviously, not everyone will save nearly as much as I did, but it's well worth your 5 minutes to find out, even if you end up only saving a few hundred dollars per year, potentially adding up to thousands over a couple years."

Jared



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