When it comes to insurance, choosing between going directly through the insurance company or using a broker is a tough decision. There are many misconceptions around brokers, such as they do not have your best interests at heart. Of course, this is not true. Brokers can help you get the best deal in a number of ways. Here are five reasons to use an insurance broker.
You can actually get better pricing terms via a broker than by going direct.
When it comes to thinking of ways to lower the rate that you pay for your car insurance, there are a variety of options at your disposal. Several of these ideas have an up-front cost, such as having an anti-theft system installed or signing up for a defensive driving school. While the money you save will eclipse your initial investment over time, these options might not be feasible if you're on a tight budget.
Auto insurance is a must for keeping your vehicle "street-legal" and also protecting yourself and other drivers on the road. Still, nobody who pays for auto insurance wants to pay more than they need to. That's why being aware of the truth behind some common car insurance fallacies can come in handy, potentially saving you money and keeping you in good standing with your insurer.
Myth 1: You Shouldn't Report Fender Benders
As a homeowner, you might think your home insurance policy covers every significant threat to your residence, but, unfortunately, this is not the case. Flooding damage, for example, is not covered by the typical home insurance policy. This fact leaves many homeowners faced with the decision of whether to purchase a separate policy to cover their homes against flood damage. This article examines some of the basic information that homeowners facing this dilemma need to know.
If you're like many people, your house is the biggest financial investment you will ever make. That's why you need to protect that investment with a solid home insurance policy. There are so many companies out there that it can be hard to know what to focus on when buying a policy, but here are some things you should consider.
Whether the Land is Covered in the Policy
Some insurance companies make an attempt to insure your house and the land on your property.