5 QUICK INSURANCE TIPS

Our partners at Grange Insurance provide the following tips to consider regarding your insurance:

1. Shop smart. When looking for insurance, your No. 1 priority should be to find adequate coverage. Price is important, but you’ll want to determine what kind of coverage you need first. Then you can fit that coverage into your budget and determine which carrier can provide you with the most comprehensive policy for your situation. Don’t be tempted to choose insurance based solely on the lowest price
2. Look for discounts. Once you evaluate your coverage needs, factor in your budget and find ways to save. Ask your insurance agent if there are any discounts on your coverage. Often, carriers offer discounts for things like paying your policy in full, staying auto accident-free or, bundling home and auto insurance.
3. Fill in the gaps. An average policy will cover the basics, but you may need to add extra coverage to meet your unique needs. For instance, you may have items like electronics or a nice piece of jewelry that would be financially difficult to replace, even with the assistance of your average renters or homeowners policy.
4. Purchase life insurance—you aren’t too young. Life insurance is essential, no matter how young or old you are. For millennials, buying now may be a smart move because it’s cheaper to buy a life insurance policy when you’re young and healthy. This can help your family cover unexpected costs in your absence, including student loan debt or a mortgage, in addition to end-of-life costs. And if you have kids, a life insurance policy can also support their education or childcare expenses. Additionally, every millennial should consider long-term disability coverage, which helps you stay afloat financially if an accident happens and you become disabled and unable to work.
5. Talk to an independent agent. An independent insurance agent is an essential resource when purchasing insurance—especially if this is your first time. An independent agent works with multiple different carriers, which is different from captive agents who can only sell insurance from the carrier they work for.

For the best in insurance companies and service, contact us at AIC Insurance, (509)-764-4447. With offices in Moses Lake and Quincy, we are you local, professional agents serving the Columbia Basin and the Pacific Northwest.