What is the deal with car insurance?


For those of us that drive, we know that insurance is a necessary evil. We’ve all heard the phrase “driving is a privilege, not a right”, and insurance is basically the glue that holds that together. The reason being, is that for many it is difficult to afford. Even with the advent of the Internet, and different companies from which to choose, it is still a prohibitive cost for lower income families.

Unfortunately, in many cases driving is not actually a privilege, but a necessity. Many parts of the United States are still relative rural, and if not rural, still pretty spread out. So this creates a need for motor vehicle transportation in order to maintain the pace of everyday life. But the problem extends even beyond affordability.

What are you actually getting?

When it comes time to assess the actual value of insurance, the problem begins to present itself. The base insurance that most people have on their vehicle only cover damages to property, but not actually the person or the vehicle itself. So what this essentially does is cover people if they damage property, but in reality does nothing to protect them.

In my opinion, as an insurance expert, it is time to re-evaluate the way in which we distribute insurance. Much like health insurance, motor vehicle insurance is something that everybody should have access to. At very least in areas in which driving is a necessity, not a luxury, to take the burden off of the poor that need to drive.

Trusting the big names


Today, with the Internet if full swing, penetrating every aspect of our lives, we have more choices than ever when it comes to choosing insurance. In this way, people are offered so many options from companies that they may not have necessarily heard of. These companies often offer not only deals that seem too good to be true, but also the option to purchase from a company that is not super large.

And while some of these companies offer legitimate deals, some are scams, and some do not offer the same coverage as the tried and true large companies. As an insurance agent, I often get the question of whether or not to trust the big companies or move away from them.

The answer

The answer that I almost always give is to trust the companies that have established themselves as credible. Think of how difficult it was to build a reputation when there wasn’t the luxury of social media and the ability to connect with a wide variety of clients seamlessly. Trust had to be built with old fashioned people skills and providing a good service.

Now on the other hand, the Internet has allowed for more competition and better prices for consumers. The important thing to remember, however, is to know who you are doing business with. If you are unsure of the reputation of the company, make sure to check online for reviews and do some investigating before switching from the trusted companies.

Don’t get scammed


Insurance, especially in today’s world can be a tricky field to navigate. And while there has always been an area of insurance with scams, it is now even more prevalent than ever. The Internet has given people access to our personal lives, sometimes in ways that we never expected and are not welcomed. Because of this, it is essential that people remain on the lookout for possible scams.

One of the main concerns for people on the Internet is that data is being mined by numerous companies that can keep track of personal information. And while most of the time this is not a problem, there are some instances where people will use it for nefarious purposes.

Staying protected

When receiving an email or physical mail that tries to sell you insurance, make sure to do your homework to ensure that the company is legitimate. Most of the time, you can look up potential scams on the Web, and get insight from professionals or people that have fallen victim to the scam itself.

In the even that you are unsure of whether or not the business is legitimate after reading the reviews, it is better to air on the side of caution. Conversely, there are some legitimate businesses that get a bad name on review sites. In this instance, it may be beneficial to try to find a phone number for the business. One of the best ways to determine whether or not something is a scam is finding out whether they have a physical location and phone number to call.


Knowing your agent


Having worked with a variety of agents throughout my career, I know how much it matters to get one that you like. Whether you like the way they talk, the way they do business, or the way they can meet you half way on deals, having the right agent makes all of the difference. When people ask me what makes a good agent, I always respond with “it depends”. It actually depends on a lot of factors, many that are obvious and some that aren’t.

For example, did you know that most agents have less than a year of experience? There is a lot of turnover in the insurance world, which leads to people losing agents before they even get to know them. This is where it comes time to look past the initial response and go for experience

Experience pays

It isn’t like experience is the only thing that matters, but what it does tell you is that this is a person that enjoys what they do and that has the knowledge needed to help you succeed. If you think about it, it is a difficult thing to ask for a new agent to know the ins and outs of the industry, especially when you, yourself don’t know much about.

This is when it becomes essential to find the person with perhaps not the most, but enough experience to give you the idea that they are here to stay. That their knowledge can help you make the tough decisions so that you do not have to.

Insurance in today’s market


Insurance has always been one of those things that people are not sure of whether or not they need it. In the event that something does go wrong with one’s car, self, family, home, etc., it is good to have that protection, but is it worth paying into in the event that nothing goes wrong? This has been an ongoing debate for individuals for a long time, and the answer is usually – yes, you need insurance.

What makes the matter even more complicated is the fact that insurance has changed over the years. Now, with the Internet and global economy, there are more plans to choose from than ever before, and so many coverage options that it can make one’s head spin. When it comes to digital insurance, there are a few things to consider.

What to consider

Consider the same things as you would when purchasing insurance from a physical environment when purchasing digitally. However, it becomes important to find out which site offers the coverage for the right price, and also where the coverage extends to. There is also the idea that online insurance companies may not extend to the place in which you live.

When this occurs, it becomes important to make sure to read the fine print. Making sure to understand that online businesses are not always what they seem. Now, most online insurance companies are legitimate, but others may not extend coverage to you, and some may even be fraudulent. In either case, make sure to check online for possible scams and read the fine print.