Tip of the Day: Choosing an Insurance Policy

Insurance policyWhen buying insurance, whether it is home, life, auto, rental or other:

ü  Find out whether your state insurance department offers any information concerning insurance companies and rates.

ü  Check several sources for the best deal.

ü  Try getting quotes from an insurance focused website, but be aware that many online services may provide prices for just a few companies.

ü  Make sure the insurance company is licensed and covered by the state’s guaranty fund.

ü  Once you pay your first insurance premium, make sure you receive a written policy.

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