Tips for Buying General Insurance
Whether you need medical insurance or auto insurance, it’s imperative to do your research on any insurance company you consider. This is so you can avoid paying too much for sub-par coverage. Make sure you know what you want when shopping around for general insurance before you commit. Following are some tips to use as a guide when looking for general insurance for you or your family.
Tip #1: Ask About Any Specialties
Inquire about any specialties in coverage that the company offers. Some specialize in offering affordable car or motorcycle insurance quotes, while others focus on life insurance. Many insurance companies do offer a variety of coverage, from health and malpractice to accident and property.
Tip#2: Ask for Free Quotes
Any insurance company that wants your business will offer you a free quote to save you time and money. Be specific with what coverage you want, whether home, auto, life or commercial. Ask for the quote in writing, and gather as many as you can before choosing an agency.
Tip #3: Get the Coverage You Need
Avoid skimping on coverage just to save a few bucks. Just because the law outlines a minimum amount of liability, make sure you purchase enough coverage for your individual needs, to avoid hassle and money later. It is generally recommended to obtain at least $100,000 in bodily injury protection per person. You should also get at least $300,000 in coverage per accident. To protect your hard-earned savings in the event you cause an accident, it may be a wise move to increase your liability coverage. Plus, don’t neglect your collision and comprehensive coverage to protect your car from damage.