Home & Auto Insurance

[goran2100]

Hi,
I think combining home & auto will save money on insurance.
How can I save more money or are there any deals out there too save money on insurance?
It is really getting expensive to get all these insurances.
Thanks.

[420]

Who do you have now and where do you live?

[goran2100]

Who do you have now and where do you live?

I live in Chicago west suburb.
I have GEICO for auto & will need home insurance soon.GEICO gave me a quote for home with its partner(I think its Travelers) .
Thanks.

[420]

We my first advice would be to check rates with a smaller non-national company. i.e. in Pennsylvania, Erie is hard to beat. However, they are also very strict and will drop you like a hot potato after your 2nd claim or in some cases after one claim if it's large enough.

Secondly, whoever you choose, check their customer satisfaction ratings with JD Power (http://www.jdpower.com/autos/ratings/autos-insurance) or smiilar. No point having insurance with a company who won't pay out when you need them. They also have a page with 10 tips (http://www.jdpower.com/insurance/articles/10-Easiest-Ways-to-Lower-Your-Car-Insurance-Rates-) on saving on auto insurance.

Here are their pages for the home owner insurance satisfaction survey (http://www.jdpower.com/Homes/ratings/homeowners-insurance-company-ratings) and tips on saving money (http://www.jdpower.com/insurance/articles/Homeowners-Insurance:-How-to-Save-on-Your-Policy-and-Find-Additional-Home-Insurance-Discounts-) on it.

By the way I am very much anti-Geico due to their rate policies. They go back 7 years whereas other companies only go back 5. They penalize for no-fault accidents whereas a number of other companies (Progressive for example) do not. They require a credit check be part of your quote whereas many other companies make it optional. Every time an official inquiry is made on your credit score, a few points are shaved off. Anyway, I would definitely seek rates from other auto insurance companies ASAP. The companies I have always found to be the most competitive are: State Farm (if everyone is over 25 and driving records are near perfect), Nationwide, Progressive (this is who I have) and 1-800-SAFE-AUTO. Geico wanted about $900 more per year than Progressive for the same coverage.

[goran2100]

We my first advice would be to check rates with a smaller non-national company. i.e. in Pennsylvania, Erie is hard to beat. However, they are also very strict and will drop you like a hot potato after your 2nd claim or in some cases after one claim if it's large enough.

Secondly, whoever you choose, check their customer satisfaction ratings with JD Power (http://www.jdpower.com/autos/ratings/autos-insurance) or smiilar. No point having insurance with a company who won't pay out when you need them. They also have a page with 10 tips (http://www.jdpower.com/insurance/articles/10-Easiest-Ways-to-Lower-Your-Car-Insurance-Rates-) on saving on auto insurance.

Here are their pages for the home owner insurance satisfaction survey (http://www.jdpower.com/Homes/ratings/homeowners-insurance-company-ratings) and tips on saving money (http://www.jdpower.com/insurance/articles/Homeowners-Insurance:-How-to-Save-on-Your-Policy-and-Find-Additional-Home-Insurance-Discounts-) on it.

By the way I am very much anti-Geico due to their rate policies. They go back 7 years whereas other companies only go back 5. They penalize for no-fault accidents whereas a number of other companies (Progressive for example) do not. They require a credit check be part of your quote whereas many other companies make it optional. Every time an official inquiry is made on your credit score, a few points are shaved off. Anyway, I would definitely seek rates from other auto insurance companies ASAP. The companies I have always found to be the most competitive are: State Farm (if everyone is over 25 and driving records are near perfect), Nationwide, Progressive (this is who I have) and 1-800-SAFE-AUTO. Geico wanted about $900 more per year than Progressive for the same coverage.

Thanks for the info(I did not know this)
I am going to get the quotes from other companies today.

[CountryFan]

We have Ameriprise through our Costco membership.
We saved well over $350 a year when we switched to them about 5 years ago.