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Compare Policies, Not Just Rates

July 13th, 2010 | Posted by Barry Layman

It is a good thing to review your insurance policies from time to time (I recommend every 2-3 yrs) and get comparable proposals.  However, rates are not the only thing to compare.  Coverage can vary drastically from company to company.  If one only looks at the declaration page of a policy, they are not seeing the whole policy.  Other factors to consider are: Financial Rating of the company, who handles the claims, agent involvement of changes and claims, and whether or not you are getting a proposal or just a quote.

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