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We recently quoted a client's auto insurance, he also received a quote from Auto Club. The rating information was the same for both Companies however Mercury does not offer an annual policy and does not offer a per person bodily injury liability limit of $500,000. So we quoted at $250,000 per person and $500,000 per accident. Auto Club's limits were at $500,000 per person and $500,000 per accident. This client also has an umbrella policy that would pay an additional amount should he cause injuries above these limits. So there would be no gap in coverage but there would be a $250,000 dollar difference in total coverage.

As far as pricing goes, Mercury's six month rate was $611.84 and AAA was $1,411 for the year. The point is that coverage needs to be compared side by side to determine what is best for you. In this example the client could purchase either policy and be comfortable with the decision. When comparing let your agent know what coverage and pricing you are trying to improve. Don't be afraid to show us your current policy, that way we can explain any difference and get you the best rates possible. We do not have control over the rates that our Companies charge so we cannot add to or decrease your premium based on what you currently pay. Auto premiums in California are primarily base on your driving record, type of vehicle, annual mileage and coverage selected. The only way an agent can increase your premium is by adding a " broker fee" and they have to let you know they are charging a fee before you purchase. We do not charge broker fees for personal insurance.

So talk to an agent and compare line for line to understand and make the right decision for your situation.
Posted 12:12 PM  View Comments

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125 W La Cadena Dr. Suite B | Riverside, CA 92501 | Phone: 951-684-3500 | Fax: 951-684-3578 | tim@ria-cb.com

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