Bait And Switch Insurance
Do you feel that an insurance company or agent used bait and switch tactics to get your business? If so you may not be alone. Some companies and agents may provide you a Cincinnati insurance quote that is not based on what is truly on your driving record. If that has happened to you please call 513-662-7000 to receive Cincinnati Insurance Quotes that are 100% accurate, 100% of the time.
How Bait and Switch Tactics Can Cost You Money.
The insurance business is very competitive. There are more than 500 insurance companies offering car insurance in Cincinnati. Occasionally we run across a situation where either an agent or a company will provide an initial Cincinnati car insurance quote that is really not accurate. That happened recently to a policyholder of our Cincinnati independent insurance agency.
We received a telephone call from a policyholder that had been insured with our insurance agency for many years stating that he was canceling his insurance because he got a much better rate by purchasing a policy from Geico insurance in Cincinnati. He told me how much Geico was supposedly saving him on his insurance.
I asked him specifically if they had run his motor vehicle report, including accident reports to properly charge for the driving activity on his record.
He advised me that they did. Based on the amount of money he told me over the phone that Geico was saving him I told him without any hesitation that what Geico was quoting wasn’t possible based on the number of tickets and accidents on his driving record. He assured me that they had all of his driving activity on his record.
Because it was such an outrageous difference in price for the Cincinnati Geico car insurance quote, I decided to obtain a quote directly from Geico insurance myself.
I used my personal information, but his specific vehicle covered, plus I added his violation activity that’s on his driving record. Care to guess what I discovered?
The rate Geico quoted him wasn’t even close to what the actual rate Geico would charge him. The true price for the Cincinnati Geico insurance quote would be nearly 60% more than what they initially quoted him.
In any other business we would call that bait and switch, correct?
Keep in mind that I am only getting one side of the story. Our client told us what Geico was going to charge him for the insurance, but I’m not sure that he really did disclose to Geico what was really on his driving record.
If he pursues the Geico policy he’s going to learn the hard way that insurance companies can and will make adjustments once the driving records are checked.
How to Avoid Bait and Switch Tactics by Insurance Companies
If someone claims they can save you money on your Cincinnati car insurance, make sure they have run credit, accident and driving record reports before you buy a policy, otherwise you might be the victim of bait and switch insurance. If a company refuses to run these reports before you buy, don’t buy insurance from them.
Want a quote from an agency that guarantees 100% accuracy on insurance quotes 100% of the time? Click here to begin your online car insurance quote or call 513-662-7000.
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