You might think that the best life, auto or homeowners insurance for you is the cheapest. After all, the national economy continues to struggle. Companies are still laying off workers. And raises are rare. Why shouldn’t you shop for the most inexpensive insurance policies that you can find?
There’s one reason: service.
Simply put, not all insurance companies offer the same level of service. And if you need to contact someone at your insurance company following a serious car accident or home fire, you want to be able to reach a live representative quickly.
Insurance is all about peace of mind. If a tree falls on your home’s roof, you want to know instantly that your insurance company will cover the damage. If you’ve driven your car into a parked garbage truck, again you want to know immediately what sort of coverage your insurance company will provide.
Make sure, then, before signing up for the cheapest policies, that the company behind them boasts enough staff to answer your questions, no matter when they come up.
Make sure, too, that the insurance policies offered by your company don’t contain any hidden trouble spots. For instance, some auto insurance companies might offer low rates. But the deductibles that come with them might be exorbitant.
The truth is, the insurance company behind your policies is important. And before signing any policies, it’s important to take the time to research insurers. The least expensive insurance policy isn’t always the best.