We receive unwanted volumes of snail mail from AARP singing the praises of Hartford Casualty Insurance Company. One very hard to believe solicitation last year claimed they could save us $300 annually on our car insurance.
We took the bait and insured two vehicles for $1180 yearly which was a pretty good deal, but not really matching the advertising hype of the American Association of Retired People.
So, in the never ending ruthless competition waged by American insurance companies, we get a much cheaper email ad from GEICO declaring how much they missed us and wanted our business back.
We were so moved by their poignant plea and concern for our well being that we requested they run a quote for the identical coverage Hartford had provided the year before.
GEICO wanted $486 for a six month premium which amounts to $972 annually which is around $20o less than what Hartford charged us for same coverage the year before.
Six-month premiums have the advantage of being able to reduce your rates if you have not had any traffic tickets or wrecks during that period based on a three year window. I had a ticket 35 months ago which screwed us since the premium would have been $471 had we been past 3 years or 36 months. We will see that savings upon renewal of next premium provided my wife does all the driving. She never gets tickets.