Friday, December 5, 2008

State Web site updates insurance comparisons

BATON ROUGE -- An electronic guide that allows consumers to compare homeowners and auto insurance rates has been posted on the state Department of Insurance's Web site, the first time in two years the data has been revised.

Insurance Commissioner Jim Donelon said the site includes basic information from a wide range of companies, based on 2008 rates, and from a spread of large and small cities across the state, from the town of Batchelor northwest of Baton Rouge, to New Orleans, Slidell and Shreveport.

Twenty-two companies' premiums are featured in the homeowners guide and 30 in the auto guide.

"This is as accurate as we can make it," Donelon said.

The guides feature premiums quoted by "top carriers of auto and homeowners insurance in the state," and links to the individual company's sites, he said.

Donelon said he expects the agency will continue to publish the information every other year.

The automobile insurance guide reflects different scenarios, based on locations, driver age, type of vehicle and driving record of the individual.

The homeowners premium guide reflects rates based on location and age and price of the home.

Donelon noted, however, that the guides may not fit an individual's exact circumstance. "These rates are for comparison purposes," he said.

Donelon said that an individual who shops around may find a company not listed in the guide that can offer better rates, coverage and service.

More information about the guides and the data is available by calling the department at 1.800.259.5300.

The department can provide information on the companies' national rating and the number of complaints -- if any -- filed against each one, Donelon said.

source

1 comment:

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