For the past 4-5 years the auto & homeowner insurance market has been in what is called a “soft" market. That means most carriers have had very low rates on car and home insurance.
That's likely about to change!
A friend of mine in Ohio who works for one of the nations largest insurance companies told me their company increased rates by 20%. TWENTY PERCENT!!
That is just the start.
We all know the stock market cycles, as do other industries. Insurance is no different.
We are slowly heading into what is called a “hard" market, where rates will begin to ratchet upwards. We are not sure where it will end. But already gas prices are high, food prices are high, the cost to repair our garage door even went up considerably when it needed fixed recently. Prices are poised to increase in the insurance industry.
What will you do?
Arizona Auto Insurance Broker
We compare Auto & Homeowner rates with lots of carriers, like MetLife, AAA, Progressive, Kemper, Travelers, Hartford, GMAC and many others. If and when your current carrier raises their rate consider contacting an Arizona Insurance Broker to find the best deal on insurance.
An insurance broker is not limited to just one carrier, like so many other companies.
One of our client's teen drivers had an at-fault accident. As expected, their rate increased at renewal. We shopped their rate around and found a lower rate very similar to what they were paying before. That's the value of using an Independent Insurance Broker.
One of the best parts of using an Arizona Insurance Broker - even if rates increase you do not have to shop around for a new agent. Your broker will gladly shop your insurance around for you. He/She is interested in finding you the best rate they can.
In Arizona, contact Choice Insurance of Arizona for a low cost Arizona Auto Insurance quote or Arizona Homeowner Insurance quote at this link: Arizona Auto Insurance Broker
Choice Insurance of Arizona is the # 1 Independent Broker in Arizona!
Gary Brown is principal owner of Choice Insurance of Arizona. He has been serving Arizona residents for Arizona Auto Insurance, Arizona Homeowner Insurance, Phoenix Life Insurance, and Arizona Long Term Care Insurance for nearly 14 years. Find his website at Arizona Auto Insurance http://choicearizona.com