When I wrote the title of this post, I realized it sounds like a Geiko commercial. Trust me, it's not. It's actually an admittance of how I cheated on my mother.
See, my mom has worked for an insurance agency for as long as I can remember, and she is good about rechecking every single company she writes for every six months to find me the best rate for car insurance. Well, now that all four of my kids can drive (gasp), I have five cars to insure (theirs plus my new car). When she told me my premium would now be $3154 for six months, I seriously cried (I was having a bad day anyway). That's over $525 per month I'd have to spend just on car insurance!
So at the recommendation of a colleague, I decided to check out Esurance.com. They can only quote up to 4 cars online, so it said I had to call them. I hate talking on the phone if I don't have to, so I procrastinated a few days. And when I finally did call, they quoted me $1384 for six months for all 5 cars (that's 4 with full comp and collision coverage and one with just liability). Discounts I received:
- Multi-Car Discount (that was easy to achieve with five cars)
- Having a PayPal account (you don't have to pay with PayPal, just use the same email address that you use to log into PayPal)
- Good Student Discounts (thank you Kids for getting good grades in school/college)
- Good Driver Discounts (knock on wood, none of us have had any violations)
- Paying the full premium instead of installments
The phone call took about 45 minutes (with so many cars and so many drivers), but I was so happy with my savings that it was well worth the time. And the guy that helped me, Damian, was super nice.
Damian also suggested I check out their home insurance rates, so I did, and those too were less than half the price! I checked my mortgage account, and my escrow had just paid out $1481. Esurance is only costing me $679 for more coverage on my home. I had them bill my mortgage company directly while I cancelled my current policy. The overage is going back into my escrow account, so I'm not sure if I'll get a check back or if my mortgage payments will just be lowered next year. Either way, it's a win for me.
Enter your ZIP Code for a free quote to see if you save over 50%:
Or visit Esurance.com and let me know how much you save.
We will see next year if the rates continue to stay low (update: they did) or if they just wooed me in with great introductory rates. But I'm also hoping next year that my three oldest children will be able to afford and pay for their own car insurance! They've already heard all about how I had to pay for my own car insurance since I was sixteen. Guess I want to be able to give them things I didn't have the luxury of having at their age.