freelance said:
How do you get $40.00 per year? I have Progressive and just to check rates for a travel trailer it came up between 20/25 per MONTH!
Did you get a severe discount because that is your job, or can anyone get in on that rate?
PEACE
I don't get a discount for working at the carrier. We are not a direct writer like Progressive or Gieco; our policies are sold by Independent Insurance Agents, so I actually go through an agent to get my policy. I do have some no-loss credits, but that's it. If you lived where I live, own what I own, and have zero losses, your price would be exactly the same.
Geographical location matters...a lot. The price to insure my Wilderness in Cincinnati is probably pennies on the dollar compared to Philadelphia or another big city.
It can never hurt to have your insurance quoted around. It doesn't cost you a thing to do it. All you have to do is get your policy declarations pages together (those are the parts of your insurance policies that have your limits, premiums, and coverages listed), contact your local Independent Insurance Agent (writes with multiple companies) and direct writers (State Farm, American Family, Nationwide), and wait for the quotes to come back.
One thing that you should always keep in mind is that not all insurance policies are created equal. Most preffered carriers (Chubb, Cincinnati, Fireman's Fund, State Auto, etc.) that you can get through Independent Agents have broader forms than direct writers. There might be less exclusions and more built-in coverages. Your agent should be able to provide you with a coverage comparison. I'm not saying that Geico or Progressive don't have good forms; I've just never seen them. However, I can tell you that my company's form is great and the price is more than right (it's actually $37 annually with a $500 deductible).
I'd love to tell you for which company I work, but I don't want to (a) get in trouble with my company for giving advice or (b) make it look like I'm trolling for business.
