Buying insurance? Here’s what to avoid.
In this day and age, insurance is essential. Policies protect us when we’re out on the road, at work, and are with us for years and years. Personal insurance is always coverage worth investing time and money into as the protection can be endless.
Even so, many people often don’t take the time to learn their policy or choose the wrong one altogether. Insurance mistakes can cost you big, so it’s important to know what obvious mistakes to avoid!
Under-Buying
It’s easy to go online and purchase the first policy that you see. In doing so, you could be buying the wrong coverage and limited protection. For example, if you purchase the state’s minimum requirements for auto insurance, you could be leaving your brand new car exposed. Not only would your liability limits be lower, but you could end up exceeding your coverage – leaving you to foot the bill of a claim.
Coverage Concerns
Always look over your policy to know what is (and isn’t!) covered! Even though your auto insurance fits you correctly, if you start working for a rideshare company such as Uber or Lyft, your insurance may not provide protection for this form of work. If you know your coverage, you’ll know when you need to adjust it.
Price > Coverage
Even if you’re in a bind for money, insurance is there to help you keep your cash in your pocket. Choosing a policy based on price rather than the coverage is a sure way to land you in financial strain should you need to file a claim.
Skip all of the common insurance mistakes by contacting the professionals for your policy! Call Agers Insurance Services in Oakley, California to get started on the right coverage for your needs.