Amish Shah : I was thinking of going in for online auto insurances quotes but was advised that it is not save and that the rates are not accurate?

Compare auto insurance quotes online and get low auto insurance rates. Period.
Response : Amish, you are not the only one but still a lot of people fear online buying or shopping. They are afraid to get a quote online because they fear it isn’t safe? These are some of the top myths which need to be clarified. Thanks to the social medias online, people are now thinking of the web as much more reliable to get information quickly and instantly.
Let me explain that taking a quote online is no different than taking it from an insurance company or agent. In fact, the agent might not be aware of the latest changes. However when the auto insurance companies set up Web sites for you to put in information directly into the system, the auto insurance rates are calculated by special programs which are tested before they are launched. The insurance companies have specifically designed the program which would take in the entire algorithm to measure a risk and calculate the risk based on information. The insurance agents can also perform and do perform the same task; however the insurance companies save on operating cost and so prefer online auto insurance ratings. The insurance company does not have to pay the agent commissions and the amount given for online advertising and promotions is very nominal compared to the commissions. What is important here is that the information given by you is correct to get the correct quote. For example if you miss to give the detail of any accident or an additional driver than the quote will be different.

Secondly, when you get the quote you should look for any information or waiver given by the insurance companies. In case there is some special situation and there is no question pertaining to this, please do not hesitate to call up the insurance company’s customer service department and get the information or explain the situation. This customer service department person is well-versed of such situations and will walk you through the quote.
Here is a special tip, compare auto insurance quotes online and select the best or low car insurance rate which you like. Call on the insurance company and speak to their customer service department, you would get a fair idea of their customer dealings which is important for you and than go online and buy your insurance.

Amish Shah : I was reading your post with Dave Dee and I can understand the importance to compare auto insurance quotes online, but how do I do this?

Six steps to compare auto insurance quotes online:

Response : Amish, earning money is one thing but saving money is more important and rewarding. Once you master the technique of comparing car insurance quotes online, you will be able to save for your lifetime or your self, your family and friends. Information and learning can be easily passed on like a marketing sales.

To make things easy for you and so that you are able to get the best auto insurance coverage at the lowest auto insurance rates the Everyone loves saving money and auto insurance is no exception. If you want to be an expert in buying car insurance online the fast and easy way, you will need a few things to make sure your transaction goes smoothly.

1. You should know what coverages you want to opt for. This is easy for you once you examine the declaration page of your present policy. This is the first page of your policy, wherein the details of the coverage are give alongwith the limits of coverage. It will also give you the price of each coverage.
2.Once you have decided that this is the excat coverage you want and the same limits, you should fill in the same information for the auto insurance quotes you want to compare. Remember that you have to compare apples to apples. If you fill in for a higher quote than you will naturally get a higher premium in the new quote. You need to atleast take coverage as per the minmum state limits.Online comparetive auto insurance quotes will give you upto 5-10 auto insurance quotes from different insurance companies at one go now and hence once you plug in the information you will need to compare only the cost of auto insurance for each company – the price or the premium.
3.You will need the drivers licence and the information of all family members since the same has to be declared in your application and also online auto insurance quote. Information of the driving history of each member is also relevant and need to be declared. .
4.You will have to put in the make, model, and year of all vehicles in the household. When you purchase your policy online, you may also need the VIN number of all vehicles in the household.
5.All information about your past insurance history including any claims placed or lodged with the insurance company will have to be filled in. It would be best to declare any insurance coverage details up front, since any wrong information can go against you at the time of a claim and hence the very purpose of insurance would be defeated. Your new insurance company will want to know how long you have had continuous coverage. There are discounts available with some companies If you have had continuous coverage for a certain length of time. When you begin a new policy, make sure you cancel the old one. You do not want to be insured at two places.
6. You will also need to know the purpose of use of the vehicle, for example, if your son is using your car for his part-time delivery of pizza than you will need to declare the same to get the right quote. Also if you are going to drive less mileage or car-pool than this would earn you a discount and so it would be best to put in these details to get the correct quote and compare auto insurance quotes online.

Let me know if you require further information. You can try out and compare auto insurance quotes online at this website www.compareautoinsurancequote411.com and get low auto insurance quotes. Check it out if you want.

Dave Dee : I know that you have been in the insurance market for more than decades, why do you think it is advisable to compare auto insurance quotes online?
Compare auto insurance quotes online will get low auto insurance rates.
Response : Dave, yes with my years in this profession, I would certainly repeatedly say compare compare and compare auto insurance quotes online to save money. Money does not grow on trees. You can save $397 to $597 per year just if you compare auto insurance quotes online and low auto insurance rates than what you are paying at present.

It is know that your credit history or a bad driving record is going to affect your auto insurance premium or your car insurance rates. However, more than this it is the individual insurance companies own loss history or book of business which is going to influence their own rating and underwriting philosophy and strategy. This is what is unknown to most people.

Let me go a step further and explain this to you. Personally, working in this field for more than 2 decades, I know what the reality is. For example the Katrina losses did drive up the home insurance rates. Now in this case, this was no fault of the homeowners but they are paying the price. The insurance companies are in the business of insuring and spreading the risk. To compensate the losses in one area or from one class of business like the home they try to balance it out by increasing the rates for another class of business, the auto. Another way of doing this would to increase the overall premiums for one class of business in all states.

Insurance is a business, and like any other business it needs to generate profit. Monetary losses from an excessive amount of insurance claims are usually shifted to the consumer in the package of higher insurance premiums.
In case the insurance company is new and wants to establish themselves in a new state they would lower the auto insurance premium for that state to attract customers. For you it would be prudent to take an advantage of this offer and get your low auto insurance rates.

At times if the insurance company had an extremely profitable year, they would give low auto insurance rates so that they are able to expand their business. For this reason, insurance rates vary greatly from one company to another.
Last but not least there is the constant pressure of competition among the insurance companies and so the companies are coming up with new marketing decisions and as a prudent person you need to take advantage of these opportunities and see where you fit in.
The best way to ensure you are getting the best price for your insurance needs is to review your policy rates regularly and compare them against what other competing insurance companies are offering. You can do this by requesting insurance quotes from multiple insurance companies. Compare auto insurance quotes online and save time and money by getting multiple quotes at one place and low auto insurance rates, with compareautoinsurancequote411.com.

Stephen Pierce : Massachusetts : I live in Massachusetts and would like to know what is happening because of the deregulation of the auto insurance here? How would it affect the customers and get low auto insurance.

Response : Getting low auto insurance quotes would require you to review auto insurance coverage and shop online. Please see the low auto insurance quotes on compareautoinsurancequote411.com and review your quotes, since I am sure you will find a really good deal and low auto insurance quote.

“The deregulation of the Massachusetts auto insurance market has driven up prices, boosted insurer profits, reduced consumer protections and generally created confusion in the marketplace, according to a new report by the state’s attorney general.

The report, which comes roughly two years after the creation of managed competition, provides an accounting of how the market is operating, and includes a number of recommendations to improve consumers’ interests.

“When the Division of Insurance introduced the new deregulated auto insurance system nearly two years ago, they contended that this system would result in better rates for consumers,” said Attorney General Martha Coakley in a statement. “While the long-term results of this new system remain to be seen, our office is concerned that consumers may not, in fact, be getting the best rates and the protections they deserve.”

The report notes that most consumers haven’t shopped around for insurance — and therefore, not driving rates down — while are now increasing. Coakley’s office said it is particularly concerned companies are now rating customers on several new factors more closely linked to socio-economic status, rather than to consumers’ driving records.

Among the observations included in the reports:

•Many consumers whose rates decreased paid more than they should have after the market was deregulated. Had the regulatory rate-setting process occurred in 2008, rates would have been reduced for essentially all consumers, with average rate reductions much greater than those seen under deregulation.
•Once ‘managed competition’ began, insurers instantly began seeking higher profit. In 2008, the Division of Insurance accepted target returns in the insurer rate filings that were over 150 percent of the 2007 regulated value for some insurers..
•There is currently no easy way for consumers to determine what the market prices for insurance are, what each company will charge a particular individual, and what discounts and special coverage options are available. The website provided by the Division of Insurance does not solve these problems.
•Some consumers have not been offered all discounts to which they are entitled, have had difficulty obtaining quotes from agents, and have received different quotes from different agents for the same insurers.
•Most Massachusetts consumers purchase insurance through an independent agent, yet most agents typically cannot or do not provide price quotes for more than a couple of carriers.

Thegood news is that the report recommends several moves to help improve the auto insurance market for consumers. These included improved rate proposals, the creation of an insurance Web site to provide side-by-side quotes for all insurers, elimination of penalties for leaving an insurance company early, prohibition of the collection of personal information not needed for rating and the introduction of legislation to ban the use of credit score in insurance ratemaking.

Thus you will get the information first hand but need to shop and compare and review auto insurance coverage to get your much wanted low auto insurance quote.

Mark Ling : I like to compare auto insurance quotes online and do get good low auto insurance quotes. Are there any changes in the distracted driving regulations in USA for 2010.

Distracted driving and low auto insurance quotes :
Response : It is nice to know that you compare auto insurance quotes online and are able to obtain low auto insurance quotes. If you try here at compareautoinsurancequote411.com you will be able to get low auto insurance quotes. Yes, you are right about the new driving regulations in USA which will come into effect from Jan 1 2010. You should appreciate that the Insurance companies and the insurance institiute encourage and support the regulations since this will help in minimizing the claims.

Here are the latest news on distracted driving from the Insurance Institutute ” Illinois, Kansas, New Hampshire and Oregon will bring in the new year with new state laws aimed at cracking down on distracted driving, according to the Property Casualty Insurers Association of America (PCI).

Of the four states with stronger laws regarding cell phone use and texting that take effect Jan. 1, 2010, Oregon goes the farthest by banning the use of hand held devices and texting for all drivers. The new law in Oregon also prohibits people under age 18 from using any type of cell phone while driving.

Illinois is placing new restrictions on hand held devices and bans their use in construction and school zones.

Kansas is implementing a ban on all cell phone use and texting for young drivers who have learner’s permits and intermediate licenses.

New Hampshire is banning texting for all drivers.

“These four states are joining a growing number states and localities that are implementing or strengthening restrictions on cell phone use and texting,” said Robert Passmore, senior director of personal lines for PCI. “In 2009, 17 states implemented or strengthened cell phone and texting laws.”

The National Highway Traffic Safety Administration reports that nearly 6,000 people died in 2008 in crashes involving a distracted or inattentive driver, and more than half a million were injured. Research also shows that the worst offenders are the youngest and least experienced drivers: men and women under 20 years of age.

As per the Insurance Institute for Highway Safety, there are statewide bans on driving while talking on a hand-held cell phone seven states (California, Connecticut, New Jersey, New York, Oregon, Utah, and Washington) and the District of Columbia.

The use of all cell phones by novice drivers is restricted in 21 states and the District of Columbia.

Text messaging is banned for all drivers in 19 states and the District of Columbia. In addition, novice drivers are banned from texting in nine states (Delaware, Indiana, Kansas, Maine, Mississippi, Missouri, Nebraska, Texas, and West Virginia)

You will agree with me that these regulations will go a long way in reducing auto accidents and hence would give you low auto insurance rates.
Happy 2010.
Kamlesh