Rule Number One: All insurance agencies are not created equal
If you think you are jammed paying high prices you are incorrect. The key to finding the best rate for any product or service is searching the competition.. Insurance businesses are in the business of guessing risk. Their goal is to always take in more premium than they pay out in claims. If they are paying out more than they are taking in, they won't be in business for long. As a result each carrier has their own unique proprietary formula that they use. This results in significant price variations from one company to the next. It is not odd for Ann Arbor insurance rates to vary by hundreds of dollars per year from one company to the next.
Rule Number Two: Don't waste your time calling all over town
Often Michiganders steer clear of shopping around for MI insurance rates because they think evaluating rates will be a inconvenience. This couldn't be further from the truth. You just have to know the best way to go about carrying out this task. When most people start shopping they either pick up the phone or go straight to the web. You can spend hours or even days comparing rates on multiple internet sites or talking with numerous insurance company representatives on the phone. If you decide to shop this way believe me you will soon experience frustration. Good news...there is a better way. The best way to find an inexpensive Ann Arbor insurance policy is to call a local independent insurance agency.
Rule Number Three: Call an independent insurance agency
There are only 2 types of insurance agencies. An agency is either captive or independent.
A captive agency only contracts with 1 insurance company. This severly limits a captive agencies ability to find the lowest rate. An independent MI insurance agency, conversely, works with multiple insurance companies. This gives them the capacity to neutrally shop the competition to find you the cheapest Ann Arbor insurance rate offered.
Call an independent insruance agency in Ann Arbor Michigan today and save yourself the trouble of calling all over town.