Educational Consumer Tips
Better Business Bureau
Now, more than ever, it is important to understand your insurance coverage, whether it is for your health, life, home, auto or business. The BBB and the Virginia Bureau of Insurance recommend consumers know what kind of insurance coverage they need before they begin to shop around. Consumers should watch out for their own best interests, according to the Bureau of Insurance. When it comes to buying any type of insurance, the following tips should help consumers make wise buying decisions.
> Check with the Bureau of Insurance for free tips and up-to-date information before buying health, life, auto, home or other insurance coverage.
> Select insurance agents and carriers with care. Deal only with insurance agents and companies that are licensed by the Bureau of Insurance to sell insurance in Virginia.
> Schedule a routine check-up of your insurance coverage and needs with your insurance providers at least once a year.
> Inquire about the cost benefit of opting for higher deductibles.
> Ask specifically about discounts for good driving records, good health, good grades, special education or training.
> Shop around for identical products and services. Not every company charges the same rate.
> Remember: an insurance policy is a legal document. Read it carefully.