It pays to shop around on insurance.
Discussion
I could't believe the difference recently after purcahasing a Mercedes SLK 320 and was quoted $720 by my insurance company, wher I have another car insured, for an agreed value. Out of curiosity I decided to shop around, and immediately found another company who bettered it by $100 and astounded to fins a third company who insured the car for $472....a saving of $200 on an agreed value. I couldn't believe the difference, all by large well known companies. It certainly pays to shop around.
Just got a shock ! My insurance company wher I have a Mercedes and a Jaguar insured refused to insure my new car a 1984 Ferrari 308 GTS . So I went to Shannons who not only were happy to insure the car but couldn't believe the low premium. They only insure on agreed value which was $70,000 and the premium was an unbelievably low $595 !I'm selling the Mercedes a 2003 SLK 320 in top condition for $25000......any takers ?It cost me $40,000 less than a year ago.
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