Car Insurance Bryn Mawr Pa

If you’re looking for better options for home, life, business, or car insurance in Bryn Mawr Pennsylvania or the surrounding areas you have found the right agency! 

Call 215-646-5633 and speak to a representative with Humphries Insurance or use our convenient online rate quote system available 24 hours per day when you click on: 

Car Insurance Bryn Mawr PaMistakes We Make On Insurance. 

In our previous article Stan and Vicki found themselves in a bit of a pinch when an agent named Fast Fingers Eddie did not properly list all of the claims activity on their record.

Eddie issued a car policy that ended up costing Stan and Vicki $400 more than their previous policy and the new home policy was cancelled by the new company placing them in a huge bind! 

On top of this Stan and Vicki cancelled their previous policies which could not be reinstated

Could This Happen To You?  You Betcha! 

It’s important for you to verify to that agents or companies properly list all of your claim activity when you are shopping for new car insurance in Bryn Mawr Pennsylvania otherwise you might be in for a huge surprise later down the road as was true for Stan and Vicki. 

You can read their experience by clicking Upper Darby Car Insurance

Mistakes Made When Shopping for Auto Insurance Bryn Mawr Pa. 

Let’s discuss a technique some insurance companies are using to gain new customers that can lead to significant rate increases at some point in the future for policyholders. 

Typically insurance companies run a motor vehicle report, a CLUE report to determine claim activity, and a credit check to determine what rate to charge policyholders. 

Some insurance companies are now making a change to running reports. They will not run the CLUE or MVR report if your credit score is at a certain level! 

Why are companies doing this? 

There are 2 reasons. 

Some insurance companies are placing more emphasis on your personal credit versus your driving habits.  They are assuming that if you possess outstanding credit you will be less likely to cost the insurance company money. 

The second reason is based on trimming expenses. If the insurance company doesn’t order your CLUE or MVR report this saves the insurer money. 

For example if an insurance company is charged $8 for the MVR & CLUE report and they run 10 million quotes each year and half of the consumers seeking quotes have excellent credit, the insurance company would save $40 million dollars! 

That’s a huge amount of money and for this reason certain companies do this. 

However there is a bit of a catch with this strategy insurance companies are using that could cost policyholders a significant amount of money down the road and we will discuss this in our next article. 

Need Better Options for Car Insurance in Bryn Mawr Pa? 

Call Humphries Insurance at 215-646-5633 or use our online rate quote system when you click: 

Car Insurance Conshohocken Pa

Car Insurance Conshohocken PaIf you are looking for better pricing for homeowners, business, or Car insurance in Conshohocken Pennsylvania or any of the surrounding areas in Pennsylvania, contact Humphries Insurance by calling 215-646-5633. 

Humphries Insurance is a leading independent insurance agency in Conshohocken and we represent top insurers including Erie Insurance in Conshohocken Pennsylvania. 

Price quotes are available in 5 minutes or less using our online system.  Click any of the links below: 

Mistakes Made When Shopping for Conshohocken Insurance. 

In a previous article we discussed how insurance shoppers can fall victim to bait and switch insurance pricing. 

Upon occasion some unscrupulous agents/companies will take one of the below actions to earn your business:

  • Quoting limits of Conshohocken auto insurance liability that may be lower than your current coverage.
  • Will increase your deductibles without your knowledge hoping you won’t notice it on your new insurance policy you just purchased from them.

Examples of How Bait and Switch Happened To One Policyholder:

A notice was received by an agency that one of their policyholders was switching to a new company.

The policyholder had been insured with the agency for a number of years and they asked the client why they were switching.  They stated they had got a rate that was about $25 lower per month and because they were on a fixed budget they needed to save every dollar they could.

The agency representative asked the policyholder if the coverage was matched up apple to apple.

The policyholder assumed that was the case and pulled out their new declaration page only to discover that not only were the deductibles doubled but the liability limits had been cut in half!

The agency representative asked the policyholder if they were aware their deductibles have been doubled and their liability limits cut in half?

The policyholder was not aware of this fact and was quite shocked. They immediately canceled their new policy because deception was used to encourage them to switch their insurance.

What lessons can be learned by this example?

Always make sure you verify your limits of liability and deductible are the same!

In our next article we will discuss another common mistake that sometimes policyholders make when they do not properly disclose all of the tickets/accidents on their driving record.

Failing to disclose everything on your record may cause either a cancellation notice to be issue soon after you buy the policy or you will receive a substantial rate increase!

We Never Use Bait and Switch to Earn Your Business!

The professionals at Humphries Insurance never use bait and switch tactics to earn your insurance business.

So when you’re shopping for business insurance, home insurance or Car insurance in Conshohocken Pennsylvania you can trust our team to match up your limits of liability and deductibles to your exact specifications.

Call us at 215-646-5633 to speak with one of our licensed representatives or use our convenient online rate quote system by clicking one of the links below:

Need Insurance in another area? We also serve the following communities in the greater Philadelphia area:

  • Auto Insurance Bryn Mawr Pa
  • Home Insurance Bryn Mawr
  • Erie Insurance Bryn Mawr
  • Havertown Car Insurance
  • Havertown Home Insurance
  • Erie Insurance Havertown
  • Car Insurance Wynnewood
  • Homeowners Insurance Wynnewood
  • Car Insurance

    A common mistake made by insurance shoppers is assuming coverage is identical between insurance companies.

    You might have the same limits of liability and deductibles with two different insurance companies, yet the claims results can be completely different.

    That's why it's important to work with our insurance team. We will help you put together an insurance plan to meet your individual needs.

    Call us today at 215-646-5633 or use our convenient online rate quote system when you click on instant quotes for car or home insurance!

  • Home Insurance

    Do you know the difference between the HO3 and HO5 Policy Form?

    The difference in coverage between the two policy forms might mean the difference between a claim being covered or denied on your personal property!

    The HO5 is a superior policy yet the majority of home insurance policies sold today is the HO3!

    Call us today at 215-646-5633 or use our convenient online rate quote system when you click on instant quotes for home insurance to learn why the HO5 is better!!

  • Business Insurance

    There are a variety of different types of business insurance policies available for companies.

    From General Liability, Business Property Coverage, Commercial Auto, Workers Compensation Insurance, Employers Liability Insurance, Professional Liability Insurance, Commercial Crime Coverage, Inland Marine Coverage, Cyber Liability Insurance, and many more.

    We at Humphries Insurance can help you choose the coverage most appropriate for your company.

    Call us today at 215-646-5633.