3 steps to cheap car insurance

There are three basic steps you can take to protect your and your family’s financial well being:

  1. Have an insurance specialist conduct a risk analysis of your car, home and family. How can you adequately address your risks with insurance if you don’t even know what these risks are? I’ve found that most people face more risk than they know. Because everyone is different, it’s not like you can ask a friend or relative to assess your insurance needs unless they are insiders in this business. If you haven’t had your risks assessed by an insurance professional, you could be inviting financial disaster. You need a professional, a knowledgeable insurance insider, to put together a comprehensive insurance plan that truly protects you.
  2. Use an independent agent. There are several ways auto insurance is sold in this country. Some people buy it by calling a toll-free number and talking to an employee of an insurance company. Others take advantage of direct mail offers. And some buy from agents who represent just one insurance company. A direct mail piece is not going to be able to assess your level of risk. Do you really want an insurance company employee to be your agent? And what happens if the agent who represents just one company doesn’t have the kind of insurance coverage you need? You need someone who’s going to work for you. And you need someone who can offer you several options. Someone who can go to numerous insurance companies and compare their products and prices. Someone who, if necessary, can place parts of your insurance program with more than one company. Do you want a good price? Do you want options and flexibility? And do you want protection against worst-case scenarios? There’s only one option here: Use an independent agent.
  3. Don’t trust the financial protection of you, your family and your assets to an insurance agent who is not an auto insurance specialist. A specialist? Absolutely. Look, insurance is a huge industry. There’s insurance for everything. And nobody can specialize in all of it. In fact, a professional independent agent can specialize in only a few niches — and really understand them.

Our auto insurance advisors have prepared some original informative articles to help the consumer become more informed about auto insurance. For example, did you know that your credit report affects your auto insurance rates?