When buying auto insurance, it is important to consider not only the cost, but also the carrier and the coverage. As is the case with any service, getting a great bargain is quickly forgotten when you realize the service or the quality of the product is not what you hoped for.
The old adage, “if it sounds too good to be true, it must be” applies car insurance payments as well. If the payments seem too low, make sure you are getting the coverage you need.
Research the Insurance Provider
Check out the agent who will be managing your account, advises the California Department of Insurance. Do you know and trust them? Also look into the car insurance provider itself. Is it a well-known and established company? Does it have the financial assets to pay its claims? To find out you can obtain background and financial information on an insurance carrier from your state’s department of insurance.
Ask a lot of Questions
When talking with an insurance agent, don’t hesitate to ask a lot of questions. In addition to learning what coverage is offered and how much it costs, make sure to ask about how claims are processed. Too often, insurance customers don’t are unfamiliar with the claims process until they are forced to make a claim. Knowing beforehand ensures you choose a carrier whose claim process is best for you.
Find Out What Others Think
Don’t forget to ask friends, neighbors and family who they are insured with and whether or not they like the service they receive. Often, they can provide real life examples of what was lacking and what they liked when they had to file a claim.
Make Sure to Shop Around
Call a couple of the largest (State Farm, Allstate, Nationwide, SAFECO, etc.) and then check with a couple independent agents and phone-based carriers, such as GEICO or Amica, just to make sure you’ve adequately researched your options.