by benpage1974 | Feb 11, 2022 | Uncategorized
Insurance shopping can be challenging, but getting the best deal for your specific needs is crucial. Sometimes, shoppers inadvertently make mistakes that can hurt them in various ways. To help you avoid these pitfalls and manage insurance salespeople for optimum results, we’ve compiled our top tips for getting the best deal.
Don’t Tell Them You Want the Cheapest
When discussing insurance with a salesperson, emphasize that you care about value, not just the price. If they think you’re only concerned about the price, they might slash coverage to appear cheap without fully explaining the consequences and risk. Instead, make it clear that you want a good deal on the coverages you should have.
Avoid Sending ‘Loser’ Red Flags
For best results, it’s essential to avoid creating the impression that you’re a ‘loser.” Remember that sales agents are looking for long-term clients, not just order-takers. Avoid giving the impression that:
- You’ll be inordinately rude or difficult
- You have a poor payment history
- You have a history of lapses in insurance coverage
- You only want the cheapest options, regardless of coverage
- You expect a quote without providing the necessary information
It’s important to be honest about any issues you’ve had, but communicate them in a way that shows they’re not representative of your usual behavior. Remember, insurance agents are looking for clients who value good coverage and are worth quoting with the best companies.
Know What You Want
Having an idea of what coverage you want can make the process smoother. If you’re working with a good insurance source, they’ll be happy to help you figure this out. The more you know about available coverages, the better you’ll be at ensuring you’re getting what you need.
Provide the Necessary Information
Insurance sales agents will need some personal information to provide a quote. While you might be hesitant to share, providing accurate information to a reputable source that will treat your data securely is essential for accurate quotes and can impact your ability to get the coverage you need.
Choose Reputable Sources
Be cautious when sharing your information online. Some websites promise instant quotes only to sell your data to insurance companies and agencies. To avoid this, ensure you’re dealing with legitimate sources.
Ask for Credits and Discounts
Ask for any available discounts but remember that the bottom line price for the coverage included is what matters most. It’s better to buy a policy with fewer discounts but an overall lower price for the same coverage than a policy with more discounts but an overall higher price. Also, be wary of disappearing discounts that vanish after a short time. These are designed to be temporary to get you to switch but then go away once they think you won’t be shopping anymore.
Inquire About Ways to Get a Better Deal
Be bold and ask sales agents what you can do to get a better deal or improve your standing with insurance companies in the future. Some agents may hesitate to share negative factors impacting your rates, like credit, for fear of upsetting you. However, if you ask for honest ideas on improving your risk profile to look less risky to insurance companies, they might provide candid feedback that can save you thousands of dollars in the future.
Shop at Least One Good Independent Agency
Independent insurance agencies offer unique benefits that can significantly impact your insurance shopping experience. Learn more about these benefits in our article [here].
Our commitment to your insurance needs is the driving force behind Page Insurance. We’ve spent two decades building a team ready and able to help you when you’re ready. Following these tips will make you better equipped to manage insurance salespeople and find the best deal possible for your unique circumstances. And when you choose to work with an independent insurance agency like ours, you’ll enjoy an even more personalized and dedicated approach to your insurance needs.
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Ben Page, a Business Development specialist with over 20 years in the insurance industry, is an expert in Property & Casualty, Life, Health, and Disability insurance. Ben is licensed in all 50 states and dedicated to empowering clients with insider knowledge and making insurance more accessible. Passionate about client-centric service, he has helped build several successful insurance agencies. Ben enjoys Jeeps, Rock and Roll, cheese, movies, and spending time with his wife, three kids, and their golden doodle when not working.
by benpage1974 | Feb 11, 2022 | Insurance Tips & Tricks, Uncategorized
Are you searching for innovative ways to save on auto insurance without giving up the coverage you need? You’re in the right place! We’ve gathered a list of lesser-known strategies and insider tips to help you find the best deals on your insurance. So, let’s dive in and start saving together!
Tap into Hidden Discounts
Most people know about standard discounts, but many other lesser-known discounts can make a real difference in your premiums:
- Defensive Driving Courses: Finish an approved course, and you could qualify for a discount.
- Low Mileage: Drive less, save more! You might be eligible for a low-mileage discount.
- Good Student: Hard work pays off—students with good grades can benefit from lower premiums.
Reassess Your Coverage
Take a close look at your coverage to ensure you’re not overinsured or paying for options you don’t need. For example, if you’re driving an older vehicle, it might be time to reevaluate whether comprehensive and collision coverage still makes sense.
Tweak Your Deductibles
Bumping up your deductibles can lower your premiums. Choose a deductible you can comfortably afford if you ever need to make a claim.
Bundle Wisely
Bundling multiple policies (like auto, home, and life) with the same company can lead to sweet discounts. However, sometimes it’s wiser to keep policies separate. Compare both options to find the best fit for your unique situation.
Keep Your Credit Score Healthy
Good credit can lead to lower insurance rates, as insurers see folks with good credit as lower-risk customers. So, pay your bills on time and monitor your credit report to maintain a strong credit history.
Pick the Right Ride
The type of vehicle you drive can impact your insurance premiums. Before buying a new car, research insurance costs and choose a model that’s easier on your wallet.
Explore Group Discounts
Some insurers offer discounts to members of professional associations, alumni groups, or other organizations. Check with your insurer to see if you’re eligible for group discounts.
Goldilocks Your Shopping Cycle
Finding the perfect balance between loyalty discounts and shopping around is key. Our rule of thumb is to shop insurance companies every three years. That’s usually when loyalty discounts are maxed out, and seeing what else is out there might be worth it. If you can’t find a better deal, you can always stick with your current insurer.
Prioritize the Big Risks First
When allocating your insurance budget, focus on covering the more significant financial risks before spending on more minor perks. Many people have insufficient coverage for more significant risks, such as low liability limits, but still pay for extras like towing, rental reimbursement, or low deductibles. To make the most of your insurance dollars, first, ensure you have adequate protection against the biggest risks that could cause significant financial strain.
For instance, consider increasing your auto liability limits while removing ‘full coverage’ from an older car. Once you have secured sufficient coverage for the more substantial risks, you can decide if you want to spend additional money on smaller or less risky coverage options. By prioritizing your insurance needs this way, you can protect yourself from potentially devastating losses while still enjoying the benefits of supplementary coverage when it fits within your budget.
Peek at Insurance Rates Before Buying a Vehicle
Before purchasing a new car, call your insurance provider to get an estimate of the cost to insure it. This will help you avoid surprises and ensure you can comfortably afford the insurance premiums for your new ride.
Put these expert strategies to work and save big on auto insurance without compromising the coverage you need. Don’t go it alone – let the friendly and knowledgeable insurance experts at Page Insurance guide you through the process and help you find the best deals available. Reach out to us today and start enjoying the savings!
Click here to start saving today.
Ben Page, a Business Development specialist with over 20 years in the insurance industry, is an expert in Property & Casualty, Life, Health, and Disability insurance. Ben is licensed in all 50 states and dedicated to empowering clients with insider knowledge and making insurance more accessible. Passionate about client-centric service, he has helped build several successful insurance agencies. Ben enjoys Jeeps, Rock and Roll, cheese, movies, and spending time with his wife, three kids, and their golden doodle when not working.
by benpage1974 | Feb 11, 2022 | Uncategorized
Check out one of our favorite marketing reps from MetLife. We love George! He has been joining us every year in a festival our family has been enjoying for over 50 years – Spud Day in Shelley Idaho.
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