I know you are confused "15 minutes can save you 15%", "don't let mayhem happen to you"...you are exposed to ads every day regarding auto insurance - online, on your drive to work, on the evening news. But what is the real story, the truth?
The truth is nobody can make a blanket statement and it be the answer for everyone. The factors used in rating auto insurance are different from insurance company to insurance company. Your credit score, your driving record, your age, your home ownership status, all rating factors. And the weight of each factor is used to varying degrees by each auto insurance company.
How to buy auto insurance in Buffalo, NY.
Not too long ago auto insurance companies had 3, 4 or 5 levels of coverage - Super Preferred, Preferred, Standard etc. Now today with algorithms built, auto insurance companies have 80, 90 or 110 "tiers" of rates! They can do this via the computer algorithm built into the auto rating system they use. No longer is it an underwriters decision but the factors being plugged into their systems.
So ads you see every single day aren't the reality of what we see every day. Every auto insurance company follows their own rules, guidelines, factors to their own rating system. It isn't an exact science anymore but an ever changing composite of all the factors mentioned above. And auto insurance companies are constantly changing based on their profitability and if their rates are right for the marketplace.
How to buy auto insurance in Buffalo, NY
Just don't believe all that is said on a TV commercial, it isn't a "one-size-fits-all" solution they make it to be. We love educating consumer's and guiding them on how to buy auto insurance instead of being sold to.