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Always About the Deal
Is it always about finding “the deal”? Or does it pay to have the best insurance coverage at a little higher cost? They say “you get what you pay for” but in the world of car insurance this doesn’t always work out in your favor.
You shop around and test drive many different makes and models when shopping for a car. When you finally choose one, you should take the time to invest in the best coverage at the lowest rate for your car of choice. As an educated consumer we want to shop around to find the best deals. In fact, most companies are always offering incentives for you to pick them or even switch the coverage that you already have. But saving at the beginning of your policy doesn’t mean that when an accident should happen, you save any out-of-pocket expenses.
Saving on a policy with minimal coverage, higher deductibles and lower limits could hit your pocketbook much harder down the road. Always check with your agent on those next-to-nothing money savers on your policy.
An even better way to save and receive quality coverage is to ask about all the discounts your company offers. You can save on your payment but not skimp on your coverage. Most insurance companies have many discount programs to choose from. To name a few:
Good Driver Discount
Multi-Policy Discount (car, home, life)
Paid In Full Discount
Claim Free Discount
Student Grades Discount
Taking your time and wading through all the discounts instead of lower coverage will allow you the protection you need at a price that pays off in the long run.