I once went to a seminar where a senior management from one of our organisations answered a concern raised by one of their own representatives. The salesperson expressed dissatisfaction with the company's vehicle insurance premiums for teenage drivers.
In a word, the manager's argument was that they purposefully priced their services lower for younger drivers. He continued by saying they could compete for younger drivers if they wanted to, but they did not consider it to be the most profitable market segment to focus their resources on. They preferred older drivers with numerous cars and full coverage who also owned a home or apartment because that market segment had regularly shown to be profitable for that insurance firm due to low turnover and reduced claims. Auto Insurance Inbound Calls are difficult to drive business and earn high revenue.
One of the most important differences when comparing rates between companies is this. Insurance firms target the business they wish to write extremely specifically in order to be profitable, and their prices reflect this preference. Because of this, many independent agents who work for multiple insurance firms will be able to identify which of their organisations is most likely to offer a competitive price to a potential customer.
The vast rate differences you described are probably not present if you examine the rates of businesses targeting the same market niche. If you've located a few insurance companies with comparable rates, I would try to learn more about how each insurance business, and agent (if applicable), compares on customer and claims service. visit at website: https://www.pingcall.com/