If you’ve read one home and auto insurance policy, you’ve read ‘em all. Right? Wrong. This is one of the reasons everyone’s always harping on you to pay close attention to the details of your insurance policies. A willingness to compare home insurance quotes rather than just going with the first one that sounds good can save you a bundle, especially if you pay attention to two big rules in home insurance shopping.
Rule Number One: Size doesn’t matter. Yeah, it’s a cliche but in this case it actually fits. Don’t automatically assume that the bigger the insurance provider, the greater your chances at scoring a killer deal. Likewise, you shouldn’t assume that just because an insurance provider is enormous, they’ll charge you more for name recognition. Ignore name brands and focus on the details.
Rule Number Two: Finding a good insurance company or broker isn’t a crapshoot. It’s only ever a crapshoot if you don’t commit yourself to shopping around before making the decision about who to work with. A big part of shopping around centers on using online tools to compare home insurance quotes and getting an accurate ballpark figure of what you’ll expect to pay. Once you’ve done this and are comfortable that you’ve found an insurer capable of giving you the best deal, the rest should come easily.
Nobody likes surprises, especially when they’re trying to buy auto insurance. One of the most common surprises car insurance shoppers face is the revelation that the premium they were quoted online wasn’t as accurate as it could have been. Bear in mind that whenever you compare auto quotes online, you’re really only getting a ballpark figure.
Having said that, here are a couple of tips to lessen the potential disappointment and shock.
• Provide as much information about your driving history as possible when you compare auto quotes. If you’ve got a lousy record and misrepresent this on the online form, you’re naturally going to skew the numbers in your favor.
• Use more than one website to compare auto quotes. Don’t rely on a single estimate calculator to get an idea of how much it’ll cost you to buy auto insurance.
• Average the estimates. If you visited three sites to compare auto quotes, average out the final dollar amount by adding them up together, then dividing them by three. This will give you a potentially far more accurate estimate than working with a single rate calculator.
To lessen the impact of a potentially depressing surprise – like the moment you hear an insurance agent inform you that the actual cost of coverage will be substantially higher than the price range you were given online – be sure to follow these steps.