• Post last modified:October 5, 2020
  • Post category:Insurance

It’s truly amazing how some of us prioritize. For example, if we’re looking to purchase a new appliance, say a refrigerator, we tend to look around to see which store has the best price.  And don’t get me wrong,the refrigerator is an essential part of any home.  Don’t think it is? Lose power for a few days and then see what you think about the fridge. Anyway, the reason why I bring this up is because we’ll shop around for the best price for a refrigerator, or big screen TV, but fail to do so for something far more important- CT insurance.

Think about it- if you simply go out an get an insurance policy without comparing policies and costs, then how do you know that you’re getting the best deal, the best price,or best coverage that you can afford? Remember, you miss 100% of the shots you never take.  So if you simply go out and get a policy, you could literally end up throwing money out the window.

Here’s a shocking statistic- 38% of individuals who buy insurance, not just CT insurance, we’re talking nation-wide here, don’t conduct any research before purchasing a policy. Thirty- eight percent! What’s even more surprising is that roughly 40%of insurance buyers aren’t confident that the current coverage they have is theright policy for their individual situation. I don’t know about you, but if there’s one thing that I want to be 100%confident about, it’s my CT insurance policies- for my home, my car, and my life.

So just like you shop around for that new television, shopping around for CT insurance can really pay off.  In fact, this is truenow more than ever because insurance companies have more data now than everbefore. Why does this matter? Well because of the data, companies have more categories now for customers, so certain discounted rates are easier to give out for pinpointed policyholders who fit the criteria. 

How then can you save from this new data mine? Come back tomorrow to find out!