7 Things Your Insurance Agent Wishes You Knew
When it comes to insurance, there’s a lot more than meets the eye. Agents work hard to find the best coverage for their clients, but there are some insider tips that could make the process smoother and more beneficial for you.
1. Bundling Policies Can Save You Money
Combining homeowners insurance with auto insurance or renters insurance can lead to significant discounts. Many companies offer multi-policy savings, so ask your agent about bundling options.
2. Your Credit Score Affects Your Insurance Rates
Believe it or not, your credit score can impact your insurance quotes. A higher score often leads to lower premiums, so maintaining good credit can help you save on car insurance and home insurance.
3. Life Insurance Isn’t Just for Older Adults
Many people think life insurance is only necessary later in life, but getting coverage early can lock in lower rates. Term life insurance and whole life insurance offer different benefits, so it’s worth exploring your options sooner rather than later.
4. Homeowners Insurance Doesn’t Cover Everything
Standard homeowners insurance policies don’t always cover flood insurance or earthquake insurance. If you live in an area prone to natural disasters, talk to your agent about additional coverage.
5. Your Auto Insurance May Not Cover Rental Cars
Before renting a car, check your auto insurance policy. Some policies include rental car coverage, while others require you to purchase additional protection from the rental company.
6. Small Business Owners Need Specialized Coverage
If you own a business, business insurance is essential. From liability insurance to workers’ compensation insurance, having the right coverage can protect your company from unexpected risks.
7. Insurance Agents Can Help You Find Discounts
Many people don’t realize that agents can help uncover hidden discounts. Whether it’s safe driver discounts, home security system savings, or multi-policy reductions, asking your agent about available deals can lead to big savings.
