As an insurance agent I often asked the question: “Am I getting the best rate possible?” This is a good question, but how can we know for sure?
To answer these question let’s compare getting the best auto insurance rate possible with growing a plant. I know it doesn’t make sense now, but please bear with me. In order to get the most beautiful, fruitful plant, there should be the right combination of factors met. Sun, soil, water, and the right weather conditions. Take one of these factors away and the plant may not grow, or won’t grow as strong and beautiful to meet its potential. The same concept applies to insurance. With the right combination of factors your rate can be as great as a beautiful plant. So to understand how to get the best rate, we first need to understand the factors that go into forming an insurance rate.
