brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
I am struggling with a decision over whether to switch insurance carriers. I have been with the same top shelf carrier for 4 years and never bothered to shop the package. The renewal came this year with a few hundred dollar price bump. I decided to shop it, so I called an independent agent. The incumbent carrier quoted the whole thing at $2830 for the year for home, auto and umbrella. The independent agent gave me the best quote from another insurer of $2466 for the year. What makes me pause is that the current company is really top shelf for financial strength, claims paying customer satisfaction, etc. I have had a couple claims and the experience has been as hassle free as possible. The competing bid is from a company that is rated average to slightly below average for claims handling experience (financial strength meets my requirements). Would you make the switch for $364? No telling whether the new bid will still be nice and low after year 1.