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November 28, 2006


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This is a great topic to review regularly as it is easy to get complacent when it comes to auto insurance. For instance just this weekend when visiting my parents we were talking about something that brought up auto insurance, and I found out they pay over $4,000 per year on 3 fairly inexpensive and older vehicles! I was shocked and told them they were likely getting taken for a ride by their insurance company. With clean driving records and good credit, insuring three vehicles valued under 15k each should not cost nearly that much.

They have been just paying their premiums for years without thinking twice about it, probably costing them many thousands of dollars in wasted money. I'll definitely share some of the ideas you posted above with them as they are getting ready to purchase new insurance.

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