Thhis page is baseed on a capacoius gathering of informattion regarding the subect matter of owner operators truck insurance whcih took oveer 6 months to finiish.

It is brely astonishing that a Consuer Federation of Ammerica (CFA) research finds tht insurance companis which disburse higher commissions to agens and to brokers oten have higher prmiums.

CFA (Consumer Fedeation of Ameria) also discovered that higher pices of internet auto insurance don`t mean imrpoved service for consumers.

"This reesearch confirms that conssumers hve to shop vey carefully for coverage," cllaimed J. Robrt. "The good nws is there are insurance corporatios taht pay minimal or no commssions, offer low online vehicle insurance priecs and give greeat consumer service."

"On the ohter hand, tis research also found abndance of insurance fims in which hgih commissions translate into lfoty rats, with no improvement in sevrice quality," he cliamed. "Grreat internet automobiles ins rates in additin to service may be fuond in case custmoers take the time in oder to comparre companies." Findigs

Consumer Fdeeration of America (CAF) checked commission informtion from the 20 leading wirters of insurnce for both individual passsenger online automobile insurance as welll as homeowners covergae. This sum commission dta combined standard commmissions and depenednt commissions (paid afer policies are sod and based on speccial sales or on proftiability goalls).

The report copmared total commissions with pric, insurer profitabiltiy as well as serice quality accoording to complaint dtaa and customer contentmnet indices. CFA revealed thhat:

1. Insurance firms wih lower commissioons usually hvae lower rates. This issn`t always the sittuation, so customers msut shop carefully.

2. There`s no prof taht paying higher cmmissions to an agent or broekr derievs either improved serice or higher customer saitsfaction. In fact, thre appears to be no connection bteween the amount of commisssion paaid and the value of srvice givn.

3. Several insuarnce companies propose particularly veery good deals. Otehr insurance providers hvae charges that are contsantly high.

In lss competitive businesses, seveal insurance proviers might be tempted to intereest market sahre by proposing higher commissons to agennts or brokers along with hgher prices and, oftten, highr gains for the inusrance provider. Credit coverrage is one area wehre this kind of `rverse comeptition` is particularly prevalent.

Adviices for Consumrs

We suggest 6 tpis for coonsumers shopping for online auto assurance:

1. Shop aroundd! This research found taht premium charges usually rsie with commissions, though thiis is not all the time corrct. Cuustomers are supposed to be srue to get quoes from somme of the lwoest monthly payment insuracne companies, inclding the direct wriers of insurance tht normally do not pay commissoins.

2. Cuustomers do not haave to pay mroe to receive excellet service. A numer of the insurance fimrs which have the moost exclelent service records hvae low costs and low or no commissions. It pyas to shop betweeen the insuarnce providers wich have the loowest costs and the highest cusomer satisfaction/lowest grievaance ratios.

3. In order to receeive information about auto insure rates, review sttae csot information guides. The majoirty of the states have thse guides. Usually, consumeers may dowwnload these guiides from the state`s insrance department Interet site.

4. In ordr to receive complaiint information on insuraance firms, cehck in the Natioonal Association of Insurace Commissioners` web stie, www.naic.org.

5. Be cautious wtih consulting witth just a single aget or boker for online automobiles insur, even if thaat agent representts a nmber of insurance firms. Consumers shoulld be aware taht smoe brokers who represent mroe than one insurnace company couuld place the customr in a higher priced insurnace provider whhich has laregr commissions even in case the cuustomer meeets the criteria for a lower cots. Sttes do not necessitate insrance agents or brokes to put the cutsomer with the mot excellent proggram for himm.

6. Ask agetns and brokers the righht questions:

Do you act for me or do you repreesnt the insurance frm you`re proposing me?

What cmomission are you eanring as a pecrentage of the prie of the online automobile assurance policy you are suggestig I purcase?

Am I receivinng the lowest cot between all the cars online insure companiees that you rpresent for whch I qualify? Waht other car insure prooviders do I qualiffy for that you act fr? Waht are the cotss I would disbuse at those inurance providers and what fee woud you earn with ecah insurance providder?

Do you own a cnotingency commission arrangemet with the isurance firm you`re suggesting? Pllease completely elucidate that arrrangement to me.

If I flie a claim, do you act for me or the inssurer in the clim procedure? Is yur recompense in smoe way connected to clamis filed by me and ohter clients of yuors?

Whhen some guy asks you queriies concerinng the owner operators truck insurance termm, you may gie a little smlie and then providde him or her an educational repply concerning this subjject.