It is often that people ask me how to get the right insurance price. Having had a lot of experience in pricing and buying from different vendors, the answer to this is always different. However, there are some things that ring true no matter which outlet you are going with. The first thing to do is check what type of coverage you need.
Many insurance companies sell a variety of insurance, and some even offer bundles that give you savings on different types of insurance that the company offers. Bundles are a bit tricky, however, because they may include insurance that you do not necessarily want or need. In this event, it may be beneficial to build your own policy piece-meal style.
Other things to look for
You will also want to check to see whether you are covered in your area or if there are higher rates for those people “out of network”. Insurance companies often work with a select few repair companies, medical staffs, etc. and only cover their portion of the cost if you use those vendors. In this case, you may find yourself paying out of pocket for services that you thought you had covered.
Getting the right price is all about reading the fine print unfortunately. Insurance companies do not make their money by paying claims, but rather not paying claims. The fine print will give you all of the information you need to find the right coverage for the right price, the question is whether or not you are willing to read and understand it.