5 Things to Consider Before you Switch Your Insurance

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5 Things to consider before switching insurance in Auburn, WA

Switching your insurance policy can save you hundreds of dollars a year. But, make sure you consider these things before you make the switch.

5 Things to consider before switching insurance in Auburn, WATip #1: Compare Apples to Apples

You’ve seen the commercials – “average savings of $500 a year for those who switched…” Absolutely you can save money. However, be sure that your new quote compares your current policy to the new policy – all coverages, driving records and vehicles the same. Any one thing can make a big difference. Many companies will try to lure you with great savings, but a CLUE report (comprehensive loss underwriting exchange – also known as your claims history) is not completed until after the application is submitted. Online companies are notorious for doing this.

Tip #2: Status Changed

If you’ve recently received a ticket or an accident, moved or purchased a new vehicle, have your current policy changes made prior to shopping. It is entirely possible that your new ride may get you some savings, or result in a price increase. In addition to this, if you’ve recently had a ticket fall off of your driving record, it would be worth calling the company to see if they can remove it now and save you some money for the remainder of your policy term. Regardless, if something changes, be sure to revert to tip #1.

Tip #3: Work with an Independent Insurance Agent

Independent insurance agents are discount detectives and have access to multiple companies. Even better, they know your current situation, history and can give you recommendations across many of their companies. They can compare rates between each of their carriers and let you know the benefits of each company.

Tip #4: Multi-Policy Discounts

When you’re looking for a new policy, be sure to take all things into consideration. You may be focused on your auto insurance, but if you have a package policy (multiple policies with the same carrier) you are likely getting discounts. If you move your auto insurance policy to another carrier, your home insurance may increase as much as 20% eliminating any saving you received. Take all of your policies into consideration. One additional item to consider here is if you have an umbrella policy, this is typically required to follow your home insurance policy. Some carrier require the home and auto to write the umbrella, so talk to you agent about your specific situation.

Tip #5: Your Relationship with your Agent

Knowing your insurance agent and having a business relationship with them is important. They are the ones who will go to bat for you in the event you have a claim or accident. Often times they can help you file that claim or give you recommendation on local companies to help fix your issue. If you have your insurance directly with the company handling your loss, you don’t get this representation. Having a local independent insurance agent is the way to go.

It is our goal at Head and Malesis Insurance to provide you with the service you deserve and the knowledge you expect. Head and Malesis Insurance has been providing Washingtonians with insurance options for 30 years! We value each of our clients and want to do everything we can to exceed your expectations. We are here to answer your questions, address your concerns, advise you when needed and provide you with an overall, positive insurance experience. If you want to discuss your home, auto or other insurance needs, please feel free to call our agents or visit us online on our insurance website. We also provide life insurance.