More Than 300 Vehicles Don't Qualify For State Farm's New, Maximum Safety Discount; Shopping on the Internet Can Find Lower Rates Regardless of Vehicle Type
30 November 2000
More Than 300 Vehicles Don't Qualify For State Farm's New, Maximum Safety Discount; Shopping on the Internet Can Find Lower Rates Regardless of Vehicle Type
COLUMBUS, Ohio--Nov. 30, 2000--More than 300 vehicles are not among the 36 deemed safe enough to qualify for State Farm's highest vehicle safety discount, which the company announced Tuesday. The good news is that premium-cutting options abound for drivers of popular vehicles that don't qualify for the maximum discount. These models range from the Chevrolet Cavalier, Dodge Dakota and Ford Taurus to all models of Honda, Mazda, Nissan, Toyota and Volkswagen."The fact is, most car owners can get a substantial discount on auto insurance simply by exercising their right to shop for a lower priced policy, yet only one in seven people choose to do so," said Mark Folk, a 25-year insurance industry veteran and president and CEO of lowestpremium.com.
"There are wide gaps between the most expensive car insurance policies and least expensive," said Folk, whose company helps consumers shop for lower auto insurance rates. "The trick is to find the lower priced policy without spending several days on the phone with agents. Thanks to the Internet, now you can shop for a much lower rate in about 10 minutes."
Consumers have several options for shopping on the Internet. Insurance companies such as Geico and Progressive provide quotes quickly, and some even provide rates of competitors. But both Geico and Progressive sell insurance; they are not objective shopping sources and don't always provide the lowest rate.
The most objective Internet shopping service is lowestpremium.com (http://www.lowestpremium.com). lowestpremium.com is not an insurance company, so customers shop with the confidence of knowing they will receive access to unbiased low rates from multiple companies.
Most consumers who have shopped on lowestpremium.com have saved on average $400 in annual premiums. The service is available in more than 20 major metropolitan areas.
About lowestpremium.com
lowestpremium.com is an Internet company that provides consumers with the broadest access to the lowest auto insurance rates, empowering them to realize significant savings from reliable and trusted national insurance providers. lowestpremium.com sifts through insurance providers, including leading companies such as Allstate, Progressive, Safeco and Hartford, to identify several of the lowest quotes, then selects local agents who are pre-screened for their commitment to high-quality customer service. lowestpremium.com's web site is easy to use, and once a customer has provided basic information that is readily at hand, lowestpremium.com does all of the work by gathering and comparing prices for auto insurance. Quotes are also available by calling, toll-free: 800/660-2459.
SOURCE: lowestpremium.com