The Best Auto and Homeowners Insurance Rates in Cincinnati Come from Independent Insurance Agents.

Call 513-662-7000 to receive a rate comparison or you can receive an online Cincinnati insurance quote by clicking here.

Why Did I Get a Rate Increase on My Insurance in Cincinnati? 

There isn’t a single insurance company in Cincinnati that could ever guarantee that they would never raise your rates on car or homeowners insurance. The reason why they would never make this promise to you as their policyholder is because they know they are going to raise your premium rates at some point in the future! That is a rock solid guarantee. (If an insurance agent in Cincinnati promises you that they won’t raise your rates, they are misleading you.)

Ok, I Played This Song before I Know I’m Going to Get a Rate Increase on My Insurance in Cincinnati. What Can I Do? 

The first thing that some people do when they get a rate increase on their insurance in Cincinnati is to call their agent and complain about the rate increase. If your agent is a captive insurance agent the only thing they can do in most cases is to recommend that you raise your deductible or eliminate coverage. (Such as going from full coverage to liability only on your car insurance.)

Captive Insurance Agents Cannot Shop around for New Insurance for You. 

A captive insurance agent is legally handcuffed by his insurance company. Even if he wanted to try to find a lower price for you, he is forbidden by his company to shop around for new rates with other companies.* (If an insurance agent is a captive agent and it is discovered that he is selling insurance through other companies that are not authorized they can be terminated by that company.)

You Only Have One Choice If You Get a Rate Increase on Your Insurance in Cincinnati and Your Agent Can’t Shop the Market for You. 

Even if you really like your insurance agent, but he sells insurance through a captive company he cannot shop the market for you. So you either need to pay the higher insurance premium, or you take your business elsewhere. That’s a big disadvantage to you as the insurance buyer.

It takes time and effort to shop around for insurance in Cincinnati. There are more than 500 different insurance companies that sell insurance in Ohio. How long would that take you to get 500 different insurance quotes? Trust me it would not be worth your time.

An Independent Insurance Agency in Cincinnati Can Shop the Market for Their Clients 

If you have your insurance with an independent insurance agency in Cincinnati, they can shop the market for you. While it is true that not all independent insurance agents shop around for their clients when they get a rate increase, our agency guarantees that we will shop around for you when you request a new quote.

*Full Disclosure: Some captive insurance companies allow their agents to sell products through other companies that they do not offer themselves, for instance if the company doesn’t sell health insurance they may allow their agents to sell health insurance through one of their recommended companies.

Captive insurance agents in Cincinnati can only sell insurance policies from one company, why is that a disadvantage to the insurance buyer?

A captive insurance agent is one who can only sell insurance through their primary insurance company.  The reason why that’s a disadvantage is due to the fact that no company will guarantee the lowest insurance rates in Cincinnati on a permanent basis. When a new company lures you in with low insurance rates, over time those rates go up, hence Insurance Rate Creep. ™

All Insurance Companies in Cincinnati Implement Insurance Rate Creep. ™

What is Insurance Rate Creep? ™ 

Insurance Rate Creep ™ is when you switch to a new company and over time, perhaps as soon as six months later, the new insurance company that you just switched to, increases your insurance premium rates.

This is what is SHOCKING: Every insurance company does it, but none will publicly admit it. 

In a new book that will be released later this year Jack Thomas exposes the exact reasons why insurance companies use Insurance Rate Creep ™ as a way to grow their client base and lock in long-term profits for the insurance companies themselves. (Insurance Rate Creep ™ is only a small portion of the inside secrets that will be revealed about the insurance industry from a true industry insider- i.e. information that has never before been publicly made available.)

Independent Insurance Agents in Cincinnati Help Policyholders Avoid Insurance Rate Creep. ™

If you switch to a new company and later when that company begins to raise your rates, only an independent insurance agent can then begin to shop for new rates for their clients.  A captive insurance agent cannot do that because the insurance company they sell for forbids these agents from selling policies for other companies.

In our next article we will discuss this in further detail.

For the best rates on insurance in Cincinnati, purchase your insurance from an independent insurance agent. Call 513-662-7000 or send us an e-mail at jack@pathwayinsurance.net

Why do Independent Insurance Agencies in Cincinnati Offer the Best Rates?

If you’re looking for new insurance options call 513-662-7000, or click online insurance quotes and in 5 minutes or less you will receive quotes from top rated insurance companies in your area. 

Purchasing insurance from an independent agency in Cincinnati is a better solution compared to buying from a company only representing one company.

Most people would agree that insurance is inherently confusing. 

Adding confusion to the mix is a nearly universal message conveyed by almost every insurance company advertising on television:

Call us for cheap car insurance! 

Based on the implied assumption that the price we pay for insurance should be the chief factor in our decision making process, insurance buyers are left unaware of the dangers in believing all policies are equal between insurance carriers.

This lack of knowledge could very well cost the unassuming insurance buyer more money at some point in the future compared to what was saved in the short term. (claim denial)

What You Don’t Know When Shopping for Insurance?

What insurance companies don’t bother to explain is the super cheap rate they just offered you is not guaranteed for any longer than your first renewal term. 

The other small detail they left out on the fine print of their television advertisement is that they will increase your price at some point in the future! 

So the money you ‘saved’ by switching to a new company will likely disappear, or you might find yourself spending significantly more money than what you were paying before you switched!      

Simple Facts About Insurance:

If you buy Geico car insurance in Cincinnati because they offered you a lower rate compared to your previous insurance company.  Don’t get used to that low rate.  Eventually Geico will raise your rates!

It’s 100% true.  

Insurance companies are constantly modifying and changing their insurance rates based on a number of underlying factors.

One factor is the inevitable rate increase you are hit with after you cause an accident, get a ticket, add your 16 year son or daughter to your policy, or buy a sports car.

While it is true that some Insurance companies advertise accident forgiveness in Cincinnati, what they’re not telling you is that you have to pay extra money for accident forgiveness!

Rate Increase Example

A client by the name of Wilson changed to Geico a few years ago because he saved about $100.  He thought he was being a good consumer by saving money.  

After causing an accident Wilson received a substantial rate increase on his Cincinnati Geico car insurance policy.

He called our office to see if we could lower his rate.  We could and saved him about $400 compared to what Geico was going to charge him on his next policy renewal after they surcharged his car insurance policy for the accident.

If you save money on your insurance, you may pay more later because of a change in your circumstances. 

There is a proven way to keep your premiums low over the long run…it’s when you buy insurance from an independent insurance agency in Cincinnati.

How Can Our Independent Insurance Agency Offer Better Rates over the Long Run for Consumers?

Let’s assume that you are already insured with our agency and you receive a large rate increase because of an accident or other claim. We can shop your insurance with other insurance companies at your request! 

In contrast Geico sells car insurance through only one company – Themselves! 

When Geico raises your prices, they are not going to encourage you to take your business elsewhere.

Surprisingly many consumers are not aware that many of the companies advertising so predominately on television only offer insurance from one company!

Independent Insurance Agents in Cincinnati Offer a Better Choice for Consumers. 

Because we represent so many different insurance carriers, when you receive a rate increase on your insurance we can shop around to determine if you would qualify for lower rates. 

This type of approach is significantly better for you because not only is it likely that we can help you find a better rate, but we can also save you time.

So when you purchase insurance with our independent agency in Cincinnati you receive a significant benefit compared to companies offering insurance through only one company!

Pathway Insurance is a leading independent insurance agency in Cincinnati.  Call our office at 513-662-7000, or click here to receive an online insurance quote.

Not necessarily.

In fact they can be more expensive.  Advertising is very expensive.  It has been reported that GEICO insurance spends more than $1 billion each year on advertisements. GEICO policyholders pay for those advertisements in the form of higher premiums. 

(If you are looking for Geico car insurance quotes in Cincinnati, click here to receive insurance quotes from companies who don’t spend a dime on insurance advertising in Cincinnati.)

Check out a local pricing example comparing some of the companies that advertise the most in Cincinnati by clicking here. 

You will notice, at least in this example that some of the companies that advertise cheap car insurance rates in Cincinnati actually had higher prices compared to companies who do not advertise at all.

Everyone wants low rates on car insurance in Cincinnati.  But advertising is very expensive. The insurance companies, who constantly run those fancy cute advertisements the most, would never publicly admit that the cost of those pricey TV commercials adds to the cost of insurance in Cincinnati!

Do you want a better price on insurance?  Contact an independent insurance agency in Cincinnati.  Independent insurance agents in Cincinnati represent many companies that do not spend a dime on advertising and pass on the savings to their customers.

How to Contact Pathway Insurance

Click here for online insurance quotes in Cincinnati

In a completely unscientific one quote comparison we obtained insurance quotes in Cincinnati from some of the insurance companies who advertise the most on television compared to companies who advertise the least on television to see if there is a price difference.

This car insurance comparison was completed last year and was based on a married couple living in the suburbs of Cincinnati Ohio, owning a home with no tickets or accidents in a 5 year period.

Prices of Insurance companies who advertise the most:

Prices of Insurance companies who advertise the least:

Grange Mutual Insurance in Cincinnati  – $99.80 per month
Encompass Insurance in Cincinnati  – $81.83 per month
American Commerce Insurance in Cincinnati – $73.00

Progressive, Allstate, Geico, State Farm, Nationwide and Farmers Insurance spend billions of dollars each year in television advertising just to get you to pick up the phone to call them for an insurance quote.

Grange Mutual, Encompass, and American Commerce Insurance do not spend any money on television advertising, but notice the rate difference.  Naturally the same results may not be achieved with every insurance quote, but is it possible that companies spending little to no money on advertising might be able to offer lower insurance rates in Cincinnati compared to insurance companies that spend billions each year on advertising?

It’s possible.

Where can you find insurance quotes in Cincinnati from companies who do not spend money on advertising?

Contact our independent insurance agency in Cincinnati.  Independent insurance agents in Cincinnati represent many companies that do not spend invest money on advertising and they can therefore pass on the savings to their customers.

How to Contact Pathway Insurance

513-662-7000

Jack@pathwayinsurance.net

Click here for online insurance quotes in Cincinnati

Vehicles quoted were a 2008 Acura TL, and a 2004 Honda Pilot EXL. Coverage limits were 250/500/100 with matching uninsured and underinsured limits. $100 deductible for comprehensive and $500 deductible for collision. Loan/Lease gap coverage and finally road side assistance plus car rental is included. (Neither State Farm, Allstate or Nationwide offered lease/ loan gap coverage in their quotes. Allstate quote included only $20 per day for car rental.)

Copyright 2010 Jack F Thomas & Pathway Insurance Services, Inc. All rights reserved. Reproduction or translation of any part of this information without permission of Jack F Thomas or Pathway Insurance Services, Inc. is unlawful.

When looking for quotes from an independent insurance agent in Cincinnati call 513-662-7000.

Or request a free online insurance quote by clicking here.

Why Is an Independent Insurance Agency in Cincinnati the Best Place to Shop for Insurance?

Independent insurance agents in Cincinnati have a decisive advantage over captive insurance agents.  Why? 

Independent insurance agencies represent multiple insurance companies and have the ability to find the best coverage and price for their clients. 

In contrast captive agents are only allowed to represent one insurance carrier. When clients of captive agents receive rate increases they are unable to shop around for better pricing.   

Please note a partial list of captive insurance agents in Cincinnati that typically may represent only one company:

State Farm insurance agents in Cincinnati

Allstate insurance agents in Cincinnati

GEICO Insurance agents in Cincinnati

Farmers insurance agents in Cincinnati

Nationwide insurance agents in Cincinnati

American Family insurance agents in Cincinnati

Liberty Mutual insurance agents in Cincinnati

Sentry Insurance agents in Cincinnati

Independent Insurance Agents in Cincinnati are a Better Choice for Consumers

An independent insurance agent in Cincinnati can shop the market for companies who may be willing to offer you a lower insurance rate. 

In contrast if you are a State Farm policyholder in Cincinnati and they decide to raise your home insurance rates by 20%, your agent can do nothing to help you offset that rate increase on your home insurance with State Farm, other than raising your deductible or lowering your coverage. 

State Farm insurance agents in Cincinnati are not allowed by contract to offer insurance policies from other companies. (The same is usually true of all captive insurance agents in Cincinnati)

An independent agency in Cincinnati is a better choice, because we offer choices. ™

This is how to receive new insurance quotes from our Independent Insurance Agency in Cincinnati

Office: 513-662-7000

Online insurance quotes in five minutes or less, click here.