Study: Overall Purchase Beats Price in Auto Insurance Satisfaction

May 26, 2010

  • May 27, 2010 at 1:34 am
    Nerd of Insurance says:
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    “Ten percent of auto insurance shoppers did not select the lowest price quote they received, with some shoppers foregoing considerable savings.”

    Are they factoring in only companies that will accept the shoppers as a risk in the first place? What about payment due date flexiability?

    As an agent, I do not sell just price alone. The lowest company on my comparative rater might not accept the insured as a risk (Due to occupation, prior insurance, who the vehicle is titled to, ect), or the day that the payment is due is not going to work for the insured based on how they are paid. Does one company only offer EFT and the insured does not have a checking account or just does not want EFT, they rather mail the payments in or pay online?

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