PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
What is better, a cheap insurance policy or a brand name insurance policy?
Is it better to buy a cheap insurance policy, or should I go with a name I know? I was shopping for a new homeowner's policy and the lowest price came back from a company called Hippo. I have never heard of them before. This could save me $500 per year, but I am a little nervous about making the change.
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Cost is the most common reason homeowners start looking for a new insurance provider.
It can be nerve-wracking to make this big change and move to an insurance company that you are not familiar with; however, there are ways to ensure that you are selecting a stable company before you make the leap.
The first step: Google it!
When selecting a new insurance company, go online and see what customers have to say about them, especially regarding claims payouts and customer service.
To make sure the company is financially stable and will be able to make payouts on your claim, check out their credit score and reviews with AM Best.
Another great source is JD Power rankings. JD Power reviews companies and provides a quality and reliability score to help buyers make sound purchasing decisions.
Since you are looking to save money on your insurance, it may be time to re-shop both your home and auto insurance policies. Some companies offer multi-line discounts if you bundle both policies with them.
Use the free
Jerry
app to help make this happen! Jerry collects auto and home quotes from over 50 carriers and brings the lowest available rates right to the app. Jerry even has Hippo as one of their homeowner’s options!”View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies