How to Read and Fully Understand Insurance Quotes in Mississippi?
Shopping for, choosing, and reviewing insurance quotes in Mississippi can be quite a challenge. Most people are simply not trained in the terminology and unless you’re an expert on insurance, it can be difficult to understand how to interpret insurance quotes.
Why do we get insurance quotes?
An insurance quote is similar to a bid. You give an insurance company or insurance agent facts about your financial status, your marital status, your income and assets, and what insurance you want and insurance companies give you a quote, which is an estimate on what it will cost to cover you. Just like getting a contractor bid for a renovation, it’s important to understand the terms and the meaning behind the costs in your insurance quote.
A good insurance agent can explain your insurance quotes and help you compare them side-by-side, but here are the reasons to compare insurance quotes in Mississippi:
- Insurance companies change their rates – to stay competitive, insurance companies are often adjusting their rates so if you haven’t done a review of your insurance lately, you could be overpaying.
- Your needs change – you may not even realize what changes in your life relate directly to your insurance needs, but a chat with your insurance agent can help you determine whether it’s time to get a new insurance quote.
- You may be able to combine insurance and save even more money – most insurance companies offer discounts when you combine insurance coverage. Also, when you have changes like passing a milestone birthday, you may be eligible for further discounts.
Working with a trusted insurance agent is the best way to understand your insurance quotes in Mississippi. Your agent will have the training and experience to explain the details and help you make the right decision about your insurance needs.
Call The Nowell Agency Inc. at 601.992.4444 or request an insurance quote online.
When to Get New Insurance Quotes in Mississippi
Most of us don’t review our insurance policies and get new insurance quotes often enough. Sure, we all remember to update our insurance when we buy a new car, home, boat, or other asset, but it’s important to recognize that many life events require a review of your overall insurance coverage.
When should you get a new insurance quote in Mississippi? Anytime you:
- Get married or divorced
- Adopt a child, have a baby or enjoy your child’s graduation!
- Experience a death in the family
- Renovate your home or add on to your property
- Change jobs or retire
Insured policyholders should always start with the policy they have and ask their insurance agent for a new written quote. Often insurance providers want to keep your business and so they’re willing to negotiate for their best customers.
Call 601.992.4444 to speak with the team of insurance experts at The Nowell Agency Inc. or request an insurance quote online. We are always happy to discuss your needs and help you review your coverage to make sure you have what you need.