Price Insurance Exchange

Insurance agents do not establish rates.  Let's just get that out first and foremost.  Each insurance carrier (provider) adjusts rates based on the number and severity of claims paid out over a specific timeframe.  Even if you have never filed a claim, your rate can still go up as a result of the increased cost of car parts, labor and repairs. In addition to each carrier's loss ratio, here are some other factors insurance companies use when calculating your auto insurance rate: Zip Code Gender Age Year, make and model of each vehicle in the household Marital Status Education level  Credit history Occupation  Homeownership - yes or no Driving history Vehicle lienholder information Vehicle Use Number of drivers compared to number of vehicles Here's an example of how these factors can affect your insurance rate: All other factors being equal, a single, 20-year-old male, with a low credit history (or no credit history), driving a 3-quarter-ton pickup, will likely ha...

  Classic car insurance provides low-cost, guaranteed value coverage for collector car lovers.   Since it is only available for classic and collectible vehicles that are not driven daily, coverage can be provided at significantly lower prices than standard insurance providers. Many classic vehicle policies also offer “spare parts” coverage, and auto show medical reimbursement for injuries to the policyholder or family members, if injured during a car show or car-related function. Roadside assistance typically includes guaranteed flatbed towing and some classic car carriers allow an unlimited number of service calls annually.    The following exclusions generally apply: No off-road or recreational vehicles No daily-use vehicles No commercial-use vehicles No motorcycles with performance modifications No driver with serious infractions with the last three years No driver without a valid driver’s license No driver without a regular-use insurance policy in their nam...

Most rideshare and delivery drivers are independent contractors.   When driving a personal vehicle, there are auto insurance requirements above and beyond what your personal insurance policy covers. Your personal care insurance typically will not cover you while you're driving for a food or delivery service. Your personal auto insurance policy covers you while you're driving for personal reasons (not logged in to a rideshare or delivery app).  If you get in an accident while on a delivery your insurance company may deny your claim.  Although a number of companies (like Uber, Grub Hub, and Lyft) offer some coverage to eligible drivers while in the act of delivery, that coverage usually only applies to specific "phases" in the delivery process. There still may be a coverage gap between when your personal policy coverage ceases, and the company's coverage begins.  That gap is the period between when you turn on the app but haven't started the delivery process....

Introducing a whole new concept in insurance: Price Insurance Exchange (PIE) - Our mission is to connect with other amazing local insurance agents, to help customers find a "sweet" deal on insurance.  No matter how you slice, everybody wins!