Shopping for Insurance the Smart Way

Review and Compare Policies with Wescom Insurance Services

Insurance prices and policy options fluctuate continuously. That’s why it might be worth it to shop for insurance each year. According to a ValuePenguin article, one-third of Americans have never re-shopped for a new policy for their homeowners or car insurance. Nearly 50 percent of policyholders who have searched around for a new policy haven’t done so in the past year.

Shopping around isn’t all about finding the lowest price—it’s about finding the best value. It is important consumers understand the nature of their current coverage as well as what kind of coverage would serve their evolving needs – that’s where Wescom comes in. Schedule an appointment with a Wescom Insurance Services Representative to review your policy to make sure you’re getting the best value. Plus, check out these tips to effectively shop for insurance:

• Use technology to compare. Take some time to compare the value different companies and policies can offer by using comparison sites or talking with a Wescom Insurance Services representative.
• Make sure you land on a reputable company. No matter what you’re insuring, chances are you want to leave it in hands you can trust. Be sure you fully understand your insurance company’s history and reputation.
• Ask about any discounts. Sometimes, discounts on insurance policies are “hidden,” meaning they’re not readily found on a website and that an agent won’t tell you about them unprovoked. Ask your insurance agent if you are getting all the available discounts you’re qualified for such as multi-car, bundling policies, and good student for young drivers.
• Ask your agent for a best offer. If the “final price” your agent offers on a policy isn’t quite good enough, speak up. Often, your agent may be able to tailor coverages and find other options that better meet your needs.
• Re-evaluate your coverage consistently. As a rule, it’s a good idea to shop around for insurance at least once a year. But it’s also beneficial to re-evaluate your different insurance policies any time you experience a significant life event, including a marriage, a divorce, a birth, a major purchase and/or a move.