Banks offer auto insurance too?
February 3, 2011 4:42am CST
I just surprised to get all those solicitations from banks about auto insurance. Not only from those annoying phone calls, but also from advertisement letters on my mail box. The banks I have with advertise how great their auto insurance plan going to be, and how much they can reduce my premium, etc..... But still, I haven't seen any good review on that yet. Until then, I have to consider insure with them. On the second thought, I don't like to do all the business at the same within a same institution. Banking and auto insurance the same time? What do you think?
3 Feb 11
I'm not sure. This is common in my country. Our banks have different products that includes auto insurance. Well, actually, most of them have tie-ups with insurance companies, which usually are subsidiaries of the banks themselves. But I wouldn't mind conducting business with only one or two financial institutions. It save me time.