Sunday, February 1, 2009

Your insurance will make less with this info

By Jeff Cline

What do most insurance agents dont want their customers to know.

1) High Deductible health insurance plans give you more coverage for the money, than low deductible healh insurance plans do.

2) Your agent gets a commission on adding on towing,rental and especially road side assistance.

3) Buy term Life Insurance and invest the rest, is probably the best thing to do right now.

4) There is a huge differance in replacement cost and actual cash value when it comes to home insurance, make sure you understand the difference.

5) Mulitiple line discounts are huge, but you need to ask for them every year some how magically they fall off with out in reason?

6) Agents get paid on commission, and most carriers reduce theri commissions after the second year.

Why then do most agents push for these things? GREED, pure greed they get paid a percentage of what you pay to the insurance carier so the more you pay the more they make. - 15275

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