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Apr 30, 2004 -- Auto insurance bargains for dedicated researchers

There are some things going on in the auto insurance business that could mean big dollars for you. After years of losing money, several auto insurers are reporting record profits. The industry has bumped up rates over the past five years, so auto insurers are now solidly in the black. Also, the insurance industry is very cyclical. We’re coming into a time when insurers need more customers so they’re cutting costs. In addition, insurance companies such as Progressive have started data mining with customers so the information on each is much more specific. Because of such specific information, price quotes from insurers vary by massive amounts. So, you want to get quotes from lots of different companies and sites. Insweb.com and insurance.com are a couple good sites. You want to get quotes from at least 10 companies before you decide, though. You can save a bundle if you just put a little time into it!

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