I’ve been a loyal State Farm insurance customer for over 15 years. I still carry my home insurance policy with them. But I was surprised to see such a wide variance in car insurance pricing. Here’s is sample of quotes I received from three different insurance companies:
Cost to insure 2000 Honda Odyssey and 2002 BMW 325i. No moving violations for both insured drivers.
State Farm – $180/month
GMAC – $133/month
Response – $82/month
I switched to Response at the first of April and wouldn’t you know, I made my first claim today when someone scraped the tail end of the BMW. So far they have been very responsive to my claim. So far so good. Maybe it does pay to shop around.