Whether health or homeowners, getting a favorable insurance quote means striking a delicate balance between the best value at the most affordable rate. Though it’s a simple concept, there are several mistakes people regularly make when purchasing coverage. Part of securing a good deal requires knowing the pratfalls; going with the first or cheapest option feels tempting, but they’re rookie mistakes.  

Here, are the top mistakes to avoid, ensuring you get a great value:

1. Going With the Lowest Rate

While a lower price tag is appealing, it’s likely not the best value for protection. Don’t focus on upfront payments alone but rather on what you’re getting for your investment overall—especially in worst-case scenarios. Check what the deductible is, how much you would have to pay out of pocket in different situations, and how that correlates to what you pay monthly.

2. Only Checking With One Carrier

Shopping around for the best provider is crucial to getting the most affordable insurance quote. Find an agency that works with a variety of carriers so you can compare rates and plans. No policy is one-size-fits-all, so an agent can help build the ideal protection plan for you.

3. Not Reading the Details

Insurance jargon is confusing, but glancing over documents and simply signing isn’t beneficial. Find an agent who will take the time to walk you through your options and match you with a carrier that fits your lifestyle and budget. 

4. Assuming You Don’t Need It

Whether it’s an unexpected surgery or collision, accidents happen when we least expect them, so ensuring you’re protected is necessary to safeguard your future and possessions. A trusted insurance agent will walk you through your coverage options so you have the help and compensation when you need it.

If you’d like to purchase a plan, turn to the trusted team at Hummel Insurance Services who have been serving the greater Southwest Iowa community for over 75 years. From health to homeowners insurance for your family and assets, their knowledgeable agents will match you with the best insurance quote for your budget and needs. To see a full list of services they provide, visit them online, or call (712) 482-6424 to set up a consultation today.