Oftentimes, a subject that is overlooked in the realm of financial literacy is 'insurance'. If own a home, drive a car, or run a small company, then you more than likely have a form of insurance to protect you from any risk that can occur. As a consumer, you probably just did a "one-stop-shop" and just purchased the most readily available insurance. Although convenience is always a large part of service -- it should not be the sole reason you gave away your hundreds of dollars to that company. Your business should be more holistic than that. Give it to the insurance agency that is willing to provide you convenience, proper coverage, and a better rate.
Other consumers also like to simply shop for the lowest rates, and although you likely will get a cheap rate by shopping around, that does not neccesarily mean you will get the right coverage. Most of the time, smart shoppers forget that their assets are valuable and buy into an insurance coverage that does not cover the true value of their assets. That, in turn, results in a large financial loss in an event that an accident occurs. If you have valuable assets, then you most likely have the means to support a higher premium that will give you an ease of mind needed to comfortably enjoy all your assets. Seriously, your life will radically change when you know that you are not at risk of financial loss because you are properly protected.
As always, thanks for reading!
I hope that you soon trust us to provide you with the right auto, home, or commercial insurance.
Visit us at: 21 D St. SW, Quincy, WA 98848