What Makes a Great Insurance Agent?

About Me

What Makes a Great Insurance Agent?

When you are shopping for any type of insurance, you are going to want the help and advice of someone who understands the insurance business and who is truly interested in helping you protect yourself rather than making the most money. Unfortunately some insurance agents are in the business for their own benefit and will not tell you when you are paying too much or are buying insurance that you simply don't need. I am a former insurance agent, and I have seen the best and worst. This blog is about noticing red flags when it comes to sneaky insurance sales people and about finding the signs of a truly good agent.


How To Strike A Balance Between The Cheapest And Best Car Insurance

Folks purchasing auto insurance often feel like there's a conflict between finding a policy that's cheap and one that's good. When searching for an auto insurance company to draft your policy, it's important to strike a balance. Everyone wants cheap car insurance, but you have to consider a few other factors. This article looks at 4 things you should consider when trying to get the best car insurance for your dollar.

Your Ability to Take a Financial Hit

Generally, if you can afford to take a bigger hit when something happens, there's a lot to be said for having a higher deductible on the policy. This is the portion of the damage to the vehicle that you'd pay for if an accident occurred. For example, someone with a $500 deductible would pay $500 if an accident led to $2,500 in damage. The auto insurance company would pay the balance of $2,000.

The argument for a higher deductible is simple. You pay less in premiums for a high deductible, but then you have to put back money to cover the deductible in case something happens. Never set up a deductible that's higher than what you can immediately afford to pay out of your own money. If that means paying a slightly higher premium, it may be worth it.

Quality Driving

If you have a good record as a driver, bring it to the agent's attention when drafting the auto insurance plan. You deserve cheap car insurance if you've proven to be a safe driver. If the companies you're looking at aren't cutting you a good enough deal, don't be afraid to take your business elsewhere.

Type of Vehicle

Insuring a more expensive car will be costlier than insuring a cheaper one. Someone driving a supercar might need $250,000 or more to replace it. The auto insurance company has to collect enough in premiums to justify issuing the policy.

That means a good way to get cheap car insurance is to find the least expensive and safest vehicle available. It might not be the sexiest way to drive, but you'll have a better chance of getting the best car insurance at a price you can afford if the insurance company isn't sweating what happens if you wreck it.

Policy Type

It's worth considering how little coverage you might want on a cheap policy. Comprehensive coverage is better for many people because it covers things like theft, weather damage, and collisions with animals. Sometimes it's better to pay a little more and know you'll be covered in all circumstances.

Reach out to an auto insurance provider to learn more.