Three Ways To Get Insurance
In this day and age their are three main ways to get insurance. The first way is through the insurance company itself. This method is called “direct writer”, because you personally go to the insurance company yourself and say “hey gimme insurance” and that insurance company will look at you and look at you again and then decide whether to give you insurance or not. There are other variations of this where the insurance company creates branch offices set up with “insurance agents” that really are only salesmen for the insurance company they work for.
This first method, in my opinion, is the worst way to get insurance, because you haven’t shopped around to other insurance companies to see what they are charging. You likely went with that insurance company for the reason that they had a good commercial on tv or someone recommended them to you. Unfortunately, insurance is not like shopping for a pair of jeans in that you really have to shop around in order to get the best deal. But shopping around to the various insurance companies is time consuming, you say?
This is probably the most popular method and in my opinion a pretty good way of getting insurance. This is where you go to what is called an insurance brokerage where an insurance broker will “look at you and look at you again” and will put your information into their quoting tool and it will spit out say 10 insurance quotes from 10 different companies. How did the insurance broker do this?
The insurance brokerage has arrangements with a multitude of insurance companies to sell the insurance the insurance company wishes to sell. In return, the insurance brokerage receives a commission from every insurance policy it sells for each insurance company it has a contract with. Thus, the insurance broker acts as a middleman between the insurance company and you. In this regard, the insurance brokerage is usually responsible for all the customer service associated with your policy. If you have no clue how to use a computer and have never heard of the internet this is probably the best way to obtain insurance as you can get quotes from a multiple of companies by visiting a brokerage.
The third method is the absolute best and simply involves going online to sites like Get-InsuranceQuotes.com where you can get insurance quotes from a whole lot of insurance companies very quickly. By doing so you eliminate the middleman and are able to find the insurance company with the lowest price and not just the insurance company the insurance brokerage has contracts with. And because everything is done online, there is no need for overhead costs associated with the brokerage such as commission and office costs. The savings are passed on to you and in most cases you can save 40% on your insurance.
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It's hard to trust other sites when they are owned by an insurance company, why would they give me a higher price than their competition? You guys provided me with an unbiased quote and I appreciate that. I also received a really good price too. Thank you.
