When your rates on your homeowners or automobile insurance changes its time to reevaluate your policy with your insurance agency. An insurance agency offers different types of insurance to individuals as well as to companies. You may have an insurance agency that holds your homeowners insurance and another insurance agency that holds your automobile insurance. When your rates change you should contact your insurance agent and talk to them about your policy and find out why the change in premiums. Changes in premiums could be just cost going up but sometimes policies will change and things may be added or dropped from the policy. It’s a good idea that once every two years to contact your insurance agency and go over your current policies and make any adjustments that you may need.
Your insurance agency wants to make sure you have adequate coverage for all your insurable needs. It’s up to you what you choose to insure and for how much. You don’t need everything your insurance agency suggests but there are a few that you must have. As a general rule of thumb if you choose to insure all your needs with one insurance agency they will give a multiple policy discount. This is a great idea if you have homeowner’s insurance as well as auto policies.
Your insurance agency isn’t limited to only homeowners and auto policies. They do offer other forms of insurance like health and life insurance and commercial insurance. When you are shopping around for an insurance agency ask those around you, your friends, colleges and family to see what insurance agency they use. You will get the good the bad and the ugly when it comes to insurance agency referrals and that’s great. You want to know how your agent will react in the case of a need.
If a particular insurance agency was hard to work with and had to jump through hoops when you needed to file a claim then they are not who you would want. Yes, you don’t foresee having to file a claim but in the event you do you want the process to be fast and painless as possible. You are paying for insurance just for this reason so you want an insurance agency that wants to help you complete your claim and get back to normal as soon as possible. You want an agent that has a compassion for those that need to file a claim. This may not sound like much but it means the world during rough times.
A great insurance agency will have your best interest in mind. They want you to have the coverage you need and be there in the event you need that policy to pay out.
