Quote:
Originally Posted by MoneyGuy
A friend has asked for a referral for car insurance. His rates have gone up a lot. He’s with TD. Other than advising him to use a broker what other advice do folks have? I know rates everywhere have skyrocketed so maybe he’s SOL.
|
Every car insurance company will give you a deal to get the business, then jack your rates up over time since most people don't bother switching.
They all do it. I switch every 4-5 years or so, and the savings are always substantial before the huge hikes start again.
I used to get annoyed by this, and note that I'm a year older with another year of perfect driving record, and my car is a year older. Now I just accept it and switch once it gets out of hand.