Not many of you know this, but I pay about one grand for auto insurance... every sixth months! It doesn't take a financial consultant to tell you that's a lot of money. The sick thing - this was the lowest quote I got, the highest being about $1600.
Well, I got a piece of mail the other day from my insurance carrier that advertizes a plan that can help save me some money on my insurance, so I called to find out more. Through the course of talking with an agent at the local office, I found out that I could actually save a whole lot more because I had just graduated from college and my GPA was above a 3.0.
This threw me for a loop, since they never mentioned it to me when I first signed up 4 months ago! I mean, you want to give someone a good deal so they'll sign with you, so why not give them all of the breaks they can get?
Anywho, the agent was really nice and was going to look further into it for me and see if he could get it credited to my account retroactively for the past 4 months. Well, I faxed him my transcript yesterday, and this morning I got a phone call letting me know that I'm going to save over $200 and that he was able to have it credited back to June! I'll also be able to participate in a "Safe Driver" program that will lower my premium by another 15%!!
Long story short, when you can save almost $500 overnight, that's a good thing!
Posted by Austin at October 11, 2002 01:47 PM