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 Posted: Fri Aug 11, 2006 2:21 pm Post subject: Insurance companies ripping us off! |
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I recently got a quote online & the price was 1/2 of what I was paying before. How can some companies charge twice as much per month??!?
Please let me know how much you save! |
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SandyAvila
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Joined: 11 Aug 2006
Posts: 1
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| Posted: Sat Aug 12, 2006 10:09 am Post subject: |
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I have made the insurance for my relatives in the company which to me have helped save money very much:
look:
"A one-year membership with NASCON is only $15.00. And, we'll be happy to add your spouse to your membership absolutely free. If you agree with these principles, we hope you'll join thousands of other Americans as a member of NASCON. Our principles transcend age, and we welcome members of all generations. "
I wish good luck |
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memberhealth
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| Posted: Wed Aug 16, 2006 9:15 am Post subject: |
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| Online Quotes tend to be somewhat off the real cost of Insurance. First you have to go through Underwriting, now I'm not sure what Online Site you went through but most offer up the cheapest price or no underwriting and give you the Preferred Price. Now you may qualify for the Preferred Quote or you may not, most I find do little effective underwriting. Plus you have to compare contracts, some contracts are better then others. A bad contract can leave you holding a lot of Risk. Or should I say a large bill when you need coverage that they may or may not cover. |
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RickBlaine
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| Posted: Thu Aug 17, 2006 2:44 pm Post subject: Right - A quote is not issued insurance. |
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Online quotes are often given in the very best rating classes.
Sometimes only a small fraction of consumers will qualify for these classes. Classes are dependant upon past history, health, and even credit sometimes.
While I use 'online marketing' as part of my whole business, I do understand that eager companies can use 'bait and switch' tactics. If you speak to an agent, they can review your information and give you a good idea of the rates you will actually expect.
Of course, insurance underwriters have their own ideas, and sometimes we agents are off - either too low or too high from the actual issue cost. |
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marilyn_katz
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| Posted: Thu Jan 10, 2008 2:22 am Post subject: ripp off |
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| Some online insuranse are not loyal. It's hard to trust them/ |
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Goodnaz
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| Posted: Thu Jan 10, 2008 1:52 pm Post subject: |
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| Quote: | | I recently got a quote online & the price was 1/2 of what I was paying before. How can some companies charge twice as much per month??!? |
They are probably NOT, more than likely if you look closely your 1/2 price quote has lower limits and higher deductibles..or is ''subject'' to underwriting review....
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Thu Jan 10, 2008 2:56 pm Post subject: |
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Hi SandyAvila,
| Quote: | | I recently got a quote online & the price was 1/2 of what I was paying before. How can some companies charge twice as much per month??!? |
You have received some very good answers so far, but this is a question I have asked many potential customers who come into my office.
If my quote is $500, how can they offer it to you for $350?
First of all, it's just a "Quote" or an "Uneducated Guess".
Some states require liability insurance coverge, in my case, the minimum required limit is $10,000 - what a ridiculous figure! Many vehicles on the road today are worth much more than that. These quote engines don't tell you that if you totally destroy a $45,000 Cadillac, you will have to pay $35,000 out of your pocket.
The quote engines don't tell you that your "Comprehensive" deductible is $1,000. How much does a windshield cost? $250 - $450? This means that you would buy your new windshield.
A lot of the insurance quote engines will tell you something like - "Thank you for your interest in XYZ Insurance Company, a representative will contact you within 48 hours".
The quote engines provide you with absolutely "NO" customer service. If you have a concern or a question, who do you call? Google?
There are thousands of independent agents all over the United States, who offer quality insurance products, backed by solid insurance carriers, why would anyone want to buy a product like "insurance" over a computer?
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"The good you do today may be forgotten tomorrow. Do good anyway."
— Mother Teresa |
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InsuranceMaze
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Joined: 16 Oct 2007
Posts: 586
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| Posted: Fri Jan 11, 2008 11:09 am Post subject: |
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And (many not all) Lord help you all (on these small unknown carriers) if you have a claim! I've been on the opposing side, with some and they appear to have no guidelines...some people wait a week just on a call that they have their claim and will assign it to a rep! Mine (claims) are closed most of the time within a week!
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Fri Jan 11, 2008 3:15 pm Post subject: |
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Yeah, sometime it's like -
"Well, we will pay "collision" damages to your car - "Only if you are hit by a red vehicle".
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"The good you do today may be forgotten tomorrow. Do good anyway."
— Mother Teresa |
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InsuranceMaze
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| Posted: Sat Jan 12, 2008 10:34 am Post subject: |
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| Quote: | | "Well, we will pay "collision" damages to your car - "Only if you are hit by a red vehicle". |
YOU ARE CRACKIN' ME UP!  
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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Location: Missouri
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| Posted: Tue Jan 29, 2008 7:57 pm Post subject: allstate247.com |
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| You can go online and get a quote at --- or call me toll free ----------and you will get the same price online as you would over the phone I do know a lot of the online quotes are giving you less coverage and there best rate at first and once you buy it your policy comes in the mail and its alot more and you finding yourself going back to a local agent . Local agents are part of your home town and care about you as a person !!! I like going to an agent even if it was a few bucks more ! |
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Insuranceman
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| Posted: Thu Feb 07, 2008 10:48 pm Post subject: |
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Way to go Insurance Man!
Nothing, repeat nothing, will ever take the place of a local professional insurance agent.
Insurance of any kind is very personal and you just can't get any type of personal attention from an internet quote engine.
So, let's just blog!
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"The good you do today may be forgotten tomorrow. Do good anyway."
— Mother Teresa |
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InsuranceMaze
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| Posted: Fri Feb 08, 2008 4:35 pm Post subject: |
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| Well, I know my son got a quote online. The real price came after the rechecked his driving records. The quote then was much more. Then after having it for 6 months the sent a renewal policy for even more than the last one.I think they may be fime for someone like me who has never filed a claim or been in an accident.The online thing is probably more accurate then. |
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hummingbird
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Posts: 609
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| Posted: Sat Feb 09, 2008 5:26 am Post subject: |
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| What is Nascon? Is this some kind of insurance or what,never heard of it before. Can you tell us a bit more about it? |
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hummingbird
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Posts: 609
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| Posted: Sat Feb 09, 2008 12:08 pm Post subject: |
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| Quote: | | Well, I know my son got a quote online. The real price came after the rechecked his driving records. The quote then was much more. |
you understand of course that is was the correct thing for the carrier to do right? Can't tell from you post if you were disagreeing that they raised his rates after the underwriter did their job...
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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Location: Missouri
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