Logo Serving All of Texas
Social

Let us help you
888.748.1930
Home Page

 

Facebook Twitter LinkedIn Google+ Blog RSS
 
Contact Us Get A Quote Testimonials

When you are buying home or auto insurance, fear is a necessary feeling to have. People are concerned about what will happen to their valuable belongings like automobiles or houses if they are destroyed by fire orwind etc., thus we buy insurance to help us maintain their financial integrity if something were to happen.

Here are some mistakes to avoid:

  • While you might be saving money because you bought the least expensive policy you could find that those low premiums will seem like a savings, but if the cost of an accident ends up being higher than your policy coverage limits, the rest of the expense will be out of your pocket. In fact, other parties involved could sue you, and if you don’t have any coverage or limited coverage, you could end up losing a large portion of your assets.
  • If you fail to pay your premiums in a timely manner or not paying them at all. When you don’t pay, your insurance carrier is not required to cover you in the case of a loss. To avoid a disruption in your insurance coverage, set up automatic monthly payments through your bank account or credit card.
  • Don’t make assumptions about what is covered or not on your insurance policy. There are limitations to the coverage a home insurance or an auto insurance policy will provide for higher items. You should never assume that all of your possessions are covered at full replacement cost. What you can do is add extra coverage to your policy with an endorsement, which gives you higher limits on these types of items. Always read your policy coverage limits in full and make sure you have proper coverage on your home, other structures, liability etc.
  • Don’t talk yourself out of buying an Umbrella Insurance Policy. These policies got their name because they protect you from a financial downpour. They can be purchased separately or you can obtain one from the same company that insures your auto or home insurance. Buying from your current insurance company usually entitles you to a premium discount on the umbrella coverage. Umbrella policies are usually sold in increments of a 1 million dollars. The average annual cost is between $200 to $300 a year for the first million dollars worth of coverage and another $50 to $100 for each additional million.
  • Always contact your insurance agent about changes that could affect your coverage needs. If you’ve added on to your home, or purchased an expensive computer, you need to contact your agent to see if the policy you have still meets your needs coverage wise. Your agent can also find ways to help you save money on premiums that won’t affect the quality of your coverage such as enrolling in a driver safety class, installing a central security system, increasing your deductibles, or taking advantage of good student discounts or having more than one policy with the same company.

GET YOUR ONLINE QUOTE TODAY

Posted 8:45 AM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Get An Instant Quote






Refer Referrals
We love referrals! And thank you even more for your continued business.
Policies Customer Service
Self policy service any time of the day, directly from our website.
Newsletter Join Our Newsletter
Stay in touch with the latest events, news and offers we have.

Knowledge and Expertise

About Us 

GetAPolicy.com is a professional, independent agency with the customer in mind. We have relationships with dozens of insurance companies, allowing you to get the right price with the right service.

Testimonials


Our Latest Blogs

Read More Read More Read More
Our Office Connect With Us

Main Office

GetAPolicy.com
6305 Wesley Street, Suite 103
Greenville, TX 75402


Serving the DFW Metroplex and All of Texas

Contact Us Today!

PH: 888.748.1930
PH: 972.762.7660
PH: 903.454.1454
FX: 888.902.1936
Locations
Your Trusted Advisor
 
Home Get A Quote Customer Service About Us Contact Powered by Insurance Website Builder