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What Large Insurance Companies Don’t Want You to Know

Photo by Vlada Karpovich: https://www.pexels.com/photo/elderly-women-in-a-business-meeting-7433879/

Did you know that big insurance companies don’t always have your best interests at heart? In fact, there are a few things they don’t want you to know.

  1. You don’t have to stick with the same insurance company forever. You can switch to a different company if you find a better deal or better coverage elsewhere.
  2. Insurance companies will often try to settle your claim for less than it’s worth. It’s important to have a good understanding of the value of your claim and to negotiate with the insurance company to get the settlement you deserve. This is where your independent agent is a great resource!
  3. You can often negotiate your insurance rates. Don’t be afraid to ask for a discount or a better rate, especially if you have a good driving record or have been with the company for a long time. A lot of companies in Lakewood have discounts they can offer in.
  4. Insurance companies use a lot of complex language that can be difficult to understand. Don’t be afraid to ask questions or to have someone explain things to you in simpler terms.
  5. You have the right to file a complaint if you feel you’ve been treated unfairly by your insurance company. There are government agencies that regulate insurance companies and can help you if you have a problem.

So, there you have it! Don’t be afraid to ask questions and do your own research when it comes to insurance. And remember, big insurance companies don’t always have your best interests at heart, so it’s important to be informed and stay vigilant.

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