Cheaper Might not be Better
Want cheaper insurance? Most. This can be the the biggest reason is why new people call our agency. They gotta have a better rate. When I say “they,” I’m talking about everybody. Stuffed to overpay for insurance or feel like they’re being cheated by their insurance provider.
People use a lots of different motivations for seeking a greater rate: their current company keeps helping the rates on a yearly basis; they pay over their neighbor; they haven’t were built with a claim, yet their rates keep increasing. The list goes on. In addition, customers are seeing ad after ad, every single day, telling them that company XYZ could save them X number of dollars on his or her premium. It’s no surprise they’re shopping for a lower rate.
But we forget one easy thing that is definitely critical inside insurance process:
Cheaper isn’t necessarily better!
And what’s cheapest might not be best.
Now, I don’t want to diminish the role that price plays while you’re buying insurance. I spent time doing your research in my own insurance. I want for top level rate. And that i perform the same thing for my clients. I aim to find them an aggressive rate one of several companies I represent.
But there’s a couple the things i avoid: I cannot skimp on coverage, and i also don’t utilize an insurance company that we don’t know or trust.
The most important consideration when buying insurance should really be coverage!
There are a number of questions which need to be answered in relation to coverage. Are you experiencing the proper coverage? Do you know what coverage you will need? Are you experiencing enough liability? Does one run a business in your own home? Have any farm animals? Consider some of the different coverages that companies offer and which ones one does or don’t need?
A good agent will help you navigate your risks and make sure there is the right coverage for your situation. And keep in mind that, every situation is a little bit different.
The second consideration needs to be the insurance company you have.
You wish to start using a company that may be stable, ‘s been around for a while, possesses good financial ratings. You’ll need a company with great claims service and superior all-around customer satisfaction.
If you opt to try a substandard insurance company, and they are generally resistant or capable of step-up and pay when claim time comes, then that policy will not be really worth the paper it truly is printed on.
I also lump the insurance coverage agent you end up picking into this consideration at the same time. A superb agent/agency will have great support service and they’ll recommend reputable companies to cooperate with.
The number three consideration is price.
If you do not have the best coverage, or perhaps you will not be working with a dependable insurance company, it then doesn’t matter how cheap your policy is, because soon after manufactured your policy will not be doing its job of offering the service and financial protection you require if the claim occurs.
As I said earlier, cheaper insurance plans are never better. The appropriate insurance policy is one that mixes seventy one considerations, or whatever call the ideal value: great coverage which has a great company at a competitive price.
If you want a person to guide the appropriate coverage and cost, discuss with a Leavitt Group agent. It’s what we should do daily.