Cheap Insurance Companies

You've got a home, a family and a car, and you want to protect them all, as thoroughly but as inexpensively as possible. So, you need to find cheap insurance companies. Not cheap in the sense that they don't pay off on claims, obviously, but rather inexpensive! They don't charge a lot and they give you thousands of dollars of coverage - as much as you need.

It's possible to find just the right coverage for you - it all depends on how much time you want to spend trying to find that coverage.

Fortunately, with the internet, it takes less time than ever to investigate these cheap insurance companies. You can go to each insurance company's website - they all have them, or you can start out first by going to one of those umbrella websites, where you input all of your information, and dozens of insurance companies will send you quotes for each form of insurance.

Once you get those quotes, of course your task is not over. Choose the best three quotes, and do more research on each one. As you talk directly with an agent for each company, they'll want more and more information from you, and the quote might go up or down. That's why you want to talk to at least three companies and compare their quotes after personal discussion.

But it doesn't stop there. You also want to investigate each potential company at the Better Business Bureau and at your state's local Insurance Bureau. Just because you go with a big insurance company doesn't mean that the local branch might not have problems that you should be aware of.

In order to make sure you get as much insurance as you require, make sure you investigate the types of insurance that are needed in your area. Do you live in an area that's subject to flooding, for example. It's very hard to get insurance flooding in areas where you really need it...sad to say.

Insurance Policies

First we'll start with automobile insurance policies, one decision you'll need to make is whether you need full coverage or just simple liability. If you are driving an old rattletrap that is most likely limping its way to the auto junk yard, then liability insurance is probably the one to go for.

You do not want to get more coverage than you need on a vehicle, because you will not recoup that added expense if there is a loss. A liability policy will cover the other vehicle if there is an accident, also any property damage. Medical expenses for the other party will also be covered, up to the amounts specified by the individual policy.

If you have a newer car, or work in certain occupations, then full coverage insurance policies may be the way to go. Some jobs, including those that involve transporting clients, may require you to carry full coverage.

If you want to get fair replacement value for your car, then you absolutely must have full coverage insurance policies. The other coverage amounts are better as well, and there may be some good or satisfactory added benefits. To offer as an example, some full coverage insurance policies contain rental during a repair period, and free towing. Additional benefits can contain hotel stays if you are stuck somewhere far from home, and meals during that stay. Of course, if the vehicle is financed, then you will be required to carry full coverage insurance until that lien is removed.

HOME OWNER INSURANCE

Home owner insurance policies can be composed to include not only the home by itself, but also everything inside, and some outside structures.

If you have a home that includes valuable antiques though, you should consider having insurances policies that insure separately, above and beyond the home. An appraisal is done to assess the value of the structure and an item-by-item record of things made of the other items to be covered and the policy laid out from there. Certain things are not usually covered, however, so make sure that you know what is and is not to be considered with a place or group. Usually flood damage and loss are not covered by the homeowners insurance policies and must be purchased separately.

If you make additions or changes to your home which increase value, then contact your insurance agent and make sure you still have enough coverage.

HEALTH INSURANCE

Health insurance policies are considered the one thing that a lot of people need yet do not have, and the one that requires caution or skill to understand. The choices that are available can be overwhelming, especially when they are presented in the confusing insurance jargon. Insurance policies offered at work may not always be available for instance, and may not be the best choice even when it is.

Private based insurance policies, one that you pay for out of pocket, may make more sense for your own individual situation. Take into account your health, your budget and your employment before deciding on any insurance policies and then talk to a professional to make the final policy decision. Be informed that certain health insurance policies will not cover all treatments, and a lot do not cover pre-existing illnesses. Almost all insurance policies will cover basic illnesses and injuries, as well as medically necessary surgery and medications. Again, consider cost when choosing which to use, your medical insurance to get your medications or the $4 plans that are available in many pharmacies now.