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Insuring Your Home

When we started thinking about buying a home, I realized that we had a boatload of work to do. I knew that we needed to save up a down payment, talk with a mortgage broker, and most importantly--figure out what we were doing about homeowners insurance. Fortunately, a friend of mine told me about a great insurance broker in our area who handled that kind of thing. We met with her to talk about our options, and before we knew it, we had found a policy that really melded with our budget and lifestyle. This blog is all about insuring your home.

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3 Important Things To Consider When Buying Car Insurance

The internet makes it easier than ever to get multiple car insurance quotes so you can compare your options before purchasing a policy. If you're in the market for a new car insurance policy, it is in your best interest to get several quotes, but you do need to consider several things in order to ensure that you buy a policy that fits your needs. Taking the time to be diligent and do your research is a simple way to make sure that you select the right car insurance policy. Always think about the following things when getting car insurance quotes:

Liability vs. Comprehensive Coverage

Most states mandate that anyone who owns an automobile must carry at least a liability insurance policy. A liability auto insurance policy will pay for the medical bills and the repair costs that another person may have if you cause a car accident. However, a liability policy will not provide payment for you to have your car repaired or pay your medical bills if you are deemed liable for an accident. A comprehensive auto insurance policy will provide you with a lot more coverage. For example, if your car is stolen, you will be reimbursed for its value if you have a comprehensive auto insurance policy. If you're currently making payments on a vehicle or your car is worth a lot of money, buying a comprehensive policy is a good idea.

Insurance Premiums

When it comes to getting car insurance quotes, insurance premiums play a big factor for most people. Everyone wants to have the right car insurance policy, but few people want to pay more than they have to. This is one of the reasons that getting multiple quotes is important. When you compare your car insurance quotes, make sure that all of the policies provide the same amount of coverage. Then you can choose to purchase the policy that is the best value.

Deductible

The vast majority of car insurance policies have a deductible. This is the amount of money that you are responsible for paying before the insurance company will provide anything. In most cases, the lower the deductible, the more you will pay in premiums. When gathering car insurance quotes, see what you will pay by changing the deductible to different amounts. Choose a deductible amount that you can comfortably afford to pay in the event that you have to file a claim with your car insurance company. 

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