Drivers Should Compare Auto Insurance Rates During Life Events

By Insurance.com Posted : 08/16/2006

CLEVELAND, OH- ComparisonMarket, the nation's largest online auto insurance agency, reports that the a great time for drivers to compare auto insurance rates is during major life events such as getting married or purchasing a new home.

When couples get married, they not only start a new life together, they also merge their assets. However, one item that many couples sometimes forget to consider is auto insurance. "Many insurance companies offer discounts for insuring multiple cars," stated Dave Roush, CEO of ComparisonMarket. "By taking advantage of this opportunity, newlyweds can potentially save hundreds of dollars on their annual auto insurance premiums by shopping around and comparing prices."

Another life event that can impact a driver's auto insurance policy is moving or purchasing a new home in a different zip code. For instance, if a driver lives in rural community with little crime and traffic congestion, their premium will generally be lower than if they lived in an urban area where their car would more likely be involved in an accident. Although this isn't cause for drivers to move, it is a reason for them to reevaluate their auto insurance policy.

Drivers that compare auto insurance rates when making a change to their coverage ensure that they receive the most competitive rate. To assist drivers, ComparisonMarket offers an auto comparison module, where drivers can compare auto insurance rates for up to 12 insurance providers, helping them save time and money on their auto insurance. "Our goal is to make comparison-shopping and switching policies as easy as possibly for drivers," says Roush. "Our auto comparison module does just that."

About ComparisonMarket
ComparisonMarket, Inc., based in Solon, Ohio, owns and operates Insurance.com. The Insurance.com website enables consumers to instantly compare and buy competitive auto insurance quotes directly from any of more than a dozen leading insurance companies. When ready to purchase, users have the option of completing the transaction online or talking directly to an unbiased licensed agent. Other products include life, health and home insurance as well as travel, dental and pet health insurance.

In addition to Insurance.com, ComparisonMarket provides private labeled solutions to financial institutions, affinity groups and online marketplaces to offer their customers real choice and savings opportunities on auto insurance.

Dave Roush, CEO

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