Posts Tagged ‘Comparing’
The Problem
Many home buyers don’t understand the basic principles when reviewing numerous mortgage offers they receive, and for real estate agents and mortgage brokers, it can be easy to forget the complications one encounters in deciphering the right offer for them. It’s a good idea to step back, take a moment, and help your clients walk through the process rather than leaving them to tackle all of that information on their own.
You can help them cut through the confusion and see the best deal, and sometimes this takes extra time. The idea is that this is not a race to the finish line, but a long-term commitment to helping home buyers make the best decision. Mortgage lenders deal with fees, points, and other loan terms on a regular basis, and it becomes second nature as a matter of the process, but all of that information can confuse and overwhelm an average home buyer.
Comparing auto insurance quotes is very important for getting the best deal out there. It can also be confusing because the numbers can vary so widely between competing auto insurance providers, and even depending on when you are looking for car insurance.
To give you an idea of the volatility of auto insurance, just look at the average yearly rate for a car insurance quote for the one-year period of February 2008 to February 2009:
February 2008 — $1828.00
March 2008 — $1838.00
April 2008 — $1871.00
May 2008 — $1896.00
June 2008 — $1913.00
July 2008 — $1951.00
August 2008 — $1944.00
September 2008 — $1952.00
October 2008 — $1982.00
November 2008 — $1968.00
December 2008 — $1905.00
January 2009 — $1908.00
February 2009 — $1888.00
Just taking that one variable into consideration for auto insurance costs gives you an idea of how much your car insurance quote can vary.