When I got my kids a dog, I had no idea that it could affect my homeowners insurance. I happened to run into my insurance agent in the store when I was buying dog food and he asked me what kind of dog we had. When I told him, he said I should stop in the office the next day. I had no idea that things like this could affect premiums, so I started asking what else could do it as well. I created this site to help others understand some of the finer points of homeowners insurance and what they should think about to manage their rates.
Buying insurance may seem technical, but it is still something that you need to do. Buying auto insurance is often a personalized process as well, which is why it helps to know what pitfalls to avoid when going through the insurance buying process.
#1 Don't Assume You Can't Afford Insurance
Don't assume you can't afford insurance as they are very customizable. You can get the bare bones coverage at a lower price or pay more for more robust coverage. You can adjust the level of insurance coverage you get to fit within your budget. If the premium is too high, see what you can adjust or change in order to get the premium down to a rate you can afford. Also, if you need insurance for multiple different things, such as for a vehicle and for a motorcycle, look into going with the same insurance company and combine the coverage; this can help make your coverage more affordable.
#2 Always Ask About Discounts
Next, you always need to ask about discounts. Discounts are not cheating; they are a common part of the insurance game. Almost all policies take advantage of one discount or another; some are automatically applied and other discounts you need to inquire about. Lowering your premium is often more about adding up discounts than anything else.
Always ask questions about discounts. You can get discounts for a variety of things such as being a good student, being a good driver, or being a member of a certain group. You can get discounts for vehicle security features and can even get discounts if you don't drive very many miles or don't commute with your vehicle.
#3 Compare Features Not Just Price
When comparing insurance plans, compare more than the price of plans between different carriers. You need to look at what each company is offering you and go for the company that is offering you more coverage for the money, not just a lower price.
When it comes to buying insurance, don't assume that you can't afford it. Insurance policies can easily be customized to bring the premium down to a rate you can afford while still providing you with insurance coverage. Always ask about discounts; discounts are how the insurance world works. When comparing plans, look beyond the features to the support you are getting for the price, in order to make the most informed decision that will provide you with the greatest degree of protection. Visit an insurance company like Wolf Insurance Agency to learn more.
Share29 March 2019
