Philadelphia Car Accident Attorney Jeffrey Reiff Notes That The Economic Downturn Creates A Buying Opportunity For Car Insurance At Decreasing Rates
In an effort to keep our readers updated, the Philadelphia car accident attorneys of Reiff and Bily wish to call attention to the fact that now may be a better time than ever to purchase automobile insurance in Pennsylvania. An insurance.com, Insurance Rate Watch survey indicated that on average annual automobile insurance rates fell in March by $103 to $1872 a year, a welcome decrease from rates in October. The March Rate Watch data noted that automobile insurance rates dropped in 19 states. This decline represented a continued shift in the insurance cycle. As a casual observer and someone intimately involved in the business of representing car accident victims, I have noticed on television lately that a rate war seems to be existing between many insurance carriers, most notably 21st Century (the named successor to AIG). 21st Century has seemingly taken a very aggressive approach to marketing and selling automobile insurance.
I have also started to notice the presence online, most notably at shopathome.com, for discounts and coupons applicable to the purchase of automobile insurance. The availability of lower rates is causing many consumers to shop for new auto insurance policies forcing the insurance companies to be more competitive. I have found that when you shop for car insurance rather than renew your current policy, it is almost certain that your new rates would be lower on average than the old rates you were quoted by your present carrier.
The experienced Philadelphia car accident attorneys at Reiff and Bily urge you not to cut back on important automobile insurance coverage as now more than ever it is necessary due to the fact that many drivers on the roads of Pennsylvania and other states are, in fact, driving with no insurance (uninsured) or minimal insurance coverage creating the need for underinsured motorist coverage. I have also found that shopping online for car insurance is an easy way to compare insurance options quickly without the hassle of dealing with a salesman. Many of the sites allow you to compare quotes and the search normally takes less than five minutes. It is essential to always compare rates between insurance companies. It is also suggested that you negotiate with a sales agent for a lower rate and better coverage.
The experienced car accident attorneys at Reiff and Bily welcome the opportunity to consult with you for a free car insurance policy checkup and offer free consultations to address your car insurance needs. Please contact us 1-800-421-9595 or online at www.reiffandbily.com.
