People that know me, know that I love to save money. I may have made my boyfriend book and cancel a hotel room 3 times last year because I kept finding better deals. We ended up saving $400, he never made fun of me again.
I particularly love saving money when it’s on “grown-up” things like insurance. I was recently talking to some co-workers at work and they were telling me that they left their cars in their small towns with their parents because their insurance would be close to $300/month which is so crazy! That is actually more than what I pay to own my car, I don’t blame them for deciding to park it and take transit in the city. When it comes to insurance, I usually check it every time I get a renewal and will happily change if I’m not getting the lowest price. I recently made some changes to my insurance and THEN I found out about LowestRates.ca, which I will definitely be using when I’m next up for renewal.
This site helps people compare rates for car insurance companies, in just a few minutes and a little information, you can get a quote from 10 companies. It is so much easier than having to fill out the forms or even worse, call someone to be asked the same questions over and over again (although, now I can tell you exactly when I got my G1, G2 and G license). I input my vehicle information, along with my driving history and within 5 minutes, I received a quote from 10 insurance companies, highlighting which was the best deal for me. I could also add additional cars and drivers if necessary. Once I received my quote, I was also able to recalculate it based on changes to the coverage, such as deductible amount and amount of coverage. I found out that the insurance I’m with now is giving me the best rate available, which makes me very happy. As soon as I get my next renewal, I’ll be checking the comparison site again to make sure I’m still getting the best deal.
Lowest Rates also allows you to compare rates for mortgages, credit cards, car loans as well as a variety of insurances (part of being a grown-up is having insurance on more than just your car!). It can be so tedious and annoying to compare but not comparing can cost you several hundred dollars a year, as it was with my home insurance.
Next time you need to get a quote on any financial services, I would definitely recommend using a comparison site to make sure you’re getting the best deal so you can spend that money on other important things, you know – like beer, trying new restaurants, make-up and clothing.