Do you live in an area prone to tornadoes, hurricanes or floods? Do you own a large dog or a swimming pool? Are you a smoker? How's your credit score? You may be a higher-than-normal risk based on your answers to these questions, and they will charge you accordingly. These are factors that the insurance company takes into account when setting your insurance rates. The more that these and other risks are applicable to you, the higher your rates will be. Final Thoughts One last warning: some insurance companies provide seemingly unbelievable rates for their policies. If the company is unknown and its rates are exceptionally good, this should be a red flag for you. Check around for the company's reputation, and don't just take the salesman's word for it. Have a look at the policy and see what they cover, and what they don't. You may find only too late that what you thought was adequate coverage, was barely the legal minimum in your area. Seek quality coverage - remember, "cheap insurance can be very expensive."
This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
0 comments:
Post a Comment