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Wednesday, May 27, 2009

buy Auto Insurance Online - Home And Auto Insurance

By Matt Hellstrom

In all likelihood, you probably already know that you need home and auto insurance. Chances are you couldn't get a mortgage or car loan without specific insurance requirements being met. So like most people, you bought your homeowner's policy when you got approved for your loan and just let the bank's escrow department take care of the bills.

The majority of people never take a look at their home and auto insurance policies after the purchase is completed. Unless there is a need to make a claim, you've probably tucked the policies in the bank safe deposit box or filed away somewhere at home. The only time you really think about insurance is when you need to make a claim or when it comes time to pay the ever-increasing premiums.

The typical home or car buyer will shop for the required insurance to try to get the best rates. Rarely however, does the buyer think of purchasing a home and auto insurance policy together with a single insurer. In fact, most people don't even realize that this option exists and continue to purchase policies separately. Availing yourself of this option can actually save you up to 15% of your premiums, surely not small change.

Even though this option is widely available for the asking, most insurance agents aren't motivated to discuss the possibility of saving money on home and auto insurance premiums with a client. It stands to reason, why would the agent want to cut his or her own commissions? Thus, it's up to you to make sure you know your best options and decide accordingly.

One way to find out whether buying your home and auto insurance from the same company will benefit you is to simply ask each company that you're currently insured with. Just tell them what you want to accomplish and ask for a quote if you switch over. You may be surprised to find out that they are more than happy to accommodate you and will give you a better rate than you would otherwise pay.

If you're serious about wanting to save money on your home and auto insurance, consider using an online insurance rate comparison site. These sites typically have you fill out a questionnaire regarding your property and cars you want to insure and then generate quotes from different companies that you can then contact for further information. This is a quick and easy way to find out what products are available and what your average costs can be.

When it comes to getting rate quotes, nothing beats the convenience of online rate comparison sites. It is extremely useful in that you can input different amounts into your request for quotes and know at a glance which company provides the best bang for the buck. Imagine being able to see the projected cost savings if you do decide to go ahead with installing that state of the art home security system. You can even raise or lower your out of pocket deductibles to see what you can save in premiums. - 21396

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