the situation is it's been a year and my policy is about to expire and I got a renewal notice in the mail from my current company and my rates are about the same as this past year. I want to see how much it is to have slightly more coverage from this current provider because the rates are very good to what I've been quoted recently for bare minimum. My question is, do insurance brokers make any comission or the such for my renewal? and how would it compare to a new policy? I do NOT want to go in and be sold on a different company or lied to simply because the broker will make more $$ that way. I want to know what they make for waht so I can be prepared to think in the larger picture.
also, a side note, what does "Rate Class" mean? My renewal notice lists me as a 2C and Territory is "8". And is it possible to have a different driving/living address from my permanant mailing one on the policy and be judged for the livign address? I goto school most of the year and live in a nicer area than my home/mailing area. does it make a big difference?
also, a side note, what does "Rate Class" mean? My renewal notice lists me as a 2C and Territory is "8". And is it possible to have a different driving/living address from my permanant mailing one on the policy and be judged for the livign address? I goto school most of the year and live in a nicer area than my home/mailing area. does it make a big difference?
