Shopping around for insurance
With today's economy a lot of folks like to shop around for items they buy or even bargain shop. That's always a good idea.
With insurance you can shop around, but because it is not a tangible item like say a grill or a lawn mower, etc., you have to keep in mind that you are buying a coverage plus service. You want to make sure you go with an insurance company (that's the company that actually writes the policy) that will be around when you need or use the coverage and that will cover your claims or benefits whatever they may be. Bottom dollar pricing may not provide the coverage you need when you actually have to or end up using it.
A lot of folks have the misconception that an insurance agency sets premiums. The premiums are set by the insurance companies. Whether you buy at a local agency or direct from the company online or over the phone the premiums are the same. Some products such as individual health may base their final rates on underwriting. With products like medicare supplements the premiums are based on age and plan selected and/or gender or tobacco use depending on the insurance company.
Once you have the coverage, the rates generally stay the same for certain length of time depending on the effective date.
So when you are shopping around check with your local insurance agency. Whether you check with us at Bush and Associates or another local agency be sure to get the full facts and information you should have to go with a coverage and a company that will be there when/if you need them and that works with the doctors/hospitals you want to see (if it's a health insurance product). Plus when you go with a local agency like us should you need assistance we are ready to help you.
You can return a grill or lawn mower or even exchange it, but when you have a need to use your insurance product and you don't have adequate coverage or the coverage you thought you had, you may not be able to make a change.
Check with us today! Quotes and information are free with no obligation. Email: Bush and Associates
With insurance you can shop around, but because it is not a tangible item like say a grill or a lawn mower, etc., you have to keep in mind that you are buying a coverage plus service. You want to make sure you go with an insurance company (that's the company that actually writes the policy) that will be around when you need or use the coverage and that will cover your claims or benefits whatever they may be. Bottom dollar pricing may not provide the coverage you need when you actually have to or end up using it.
A lot of folks have the misconception that an insurance agency sets premiums. The premiums are set by the insurance companies. Whether you buy at a local agency or direct from the company online or over the phone the premiums are the same. Some products such as individual health may base their final rates on underwriting. With products like medicare supplements the premiums are based on age and plan selected and/or gender or tobacco use depending on the insurance company.
Once you have the coverage, the rates generally stay the same for certain length of time depending on the effective date.
So when you are shopping around check with your local insurance agency. Whether you check with us at Bush and Associates or another local agency be sure to get the full facts and information you should have to go with a coverage and a company that will be there when/if you need them and that works with the doctors/hospitals you want to see (if it's a health insurance product). Plus when you go with a local agency like us should you need assistance we are ready to help you.
You can return a grill or lawn mower or even exchange it, but when you have a need to use your insurance product and you don't have adequate coverage or the coverage you thought you had, you may not be able to make a change.
Check with us today! Quotes and information are free with no obligation. Email: Bush and Associates
Posted by North Carolina Health Plans at 6/3/2010 3:37 PM 
Categories: quality insurance coverage
Tags: coverage plus local service
Categories: quality insurance coverage
Tags: coverage plus local service
Comments