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​Jeff Youngs Insurance Blog

Did you purchase insurance solely based on the price?

11/15/2019

1 Comment

 

Advertisers have confused the Auto Insurance market place. 

Over the last decade, advertisers have been telling consumers that auto insurance is commodity that should solely be purchased based on price or brand recondition.  Consumers are being conditioned to think an insurance purchase should be made in less than 15 minutes  at the lowest rate that can be found. "Shop and save". Many local agency's   now advertise they will find you he "lowest price possible"
Picture
On-line insurance providers have no obligation to advise consumers of what coverage's that should be considered at the time of purchase. The only objective they have is to offer a price that will convince that individual to purchase the product as quickly as possible so they can move on to the next sale. Most consumers have limited knowledge of what insurance coverage's they have or need. If you do not engage in conversation with a insurance professional that is willing to advise you on the coverage's you need at the time of the sale, you could find after a loss you wished that you had. 
  • What are your "Responsible limits" of liability if you cause property damage, physical injury or accidental death ?
  • How much liability do you need to protect your assets, future earnings or retirement plans? 
  • How much coverage do you need for yourself if a uninsured or under-insured causes an accident that changes or ends your or a family members life.
1 Comment
newsronic link
10/12/2020 01:57:40 am

Deciding on how much car insurance you wish can be uncertain. You’ll have to be know how much scope the law requires you to have and guarantee you’ve got the acceptable range to make sure your resources and yourself. There is a need for car insurance are outlined to make sure you, your resources, others, and property within the occasion of a collision, robbery, or normal catastrophe. You pay a small each month for the comfort of knowing merely won’t have to pay an expansive entirety within the occasion of a disaster. Several following sorts of insurances are described above stated in this article that it is beneficial to decide what auto insurance you do need.<a href=” https://newsronic.com/”>Read more</a>

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    Please enjoy my Blog!

    I have Dyslexia. For this reason, I have always been very reluctant in starting a Blog. I believe my content is factual, informative and thanks to spell check, the incorrect words I use are spelled correctly. 

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