Finding the Best Insurance Rates for Customers

    Cooper and Bumpus try to find the best policies that fit their client's lifestyles, whether life insurance, auto, pet, home, business, renters, etc. You name it, they will find it for you! If they can't group all of the insurance policies you inquire about with one company with the best rates, they will try to find other companies with better rates for the clients. They even detail finding better rates for clients by looking up each of their policies to see how it has changed. Then, they will try to compare and contrast their old policies with their new ones to figure out what changes were made. If the policies have significantly changed, they will contact the customer to see if they want to find a different policy with similar qualifications and better rates that fit their client's budget. 

    It is excellent that this agency can help find insurance rates to fit clients’ lifestyles. They can help clients find insurance policies that can prepare households for financial emergencies by eliminating or reducing risks. Sometimes clients can’t afford insurance policies. People with severe economic problems were often not prepared for financial crises caused by illness, pregnancy, or death (Hira et al., 2000). Studies have shown that almost 90% of High-income households knowledgeable about insurance issues tend to have comprehensive insurance coverage. Comprehensive insurance coverage includes auto, homeowners or renters, & health insurance (Hira et al., 2000).

Shannon's Recommended Insurances

After chatting with an insurance guru Shannon Craft, who has almost 20 years of experience, she recommended her top 3 insurance policies that people should consider acquiring.

1. Auto Insurance

Tip: Get insurance fully covered for vehicles that are 2012 and up.

2. Life Insurance

Tip: Get at a younger age! The older you are, the higher the monthly payments!

3. Renters/Home Owners Insurance

Tip: Renters tend not to think that they need insurance, but having it is a staple. See if your auto insurance has it, so you don't have to have it with multiple companies. However, if they don't have the best rate, you can always find a company with a cheaper rate.  

References

Hira, T. K., Fanslow, A. M., & Vogelsang, R. (2000). Determinants of satisfaction with preparations for financial emergencies. Financial Counseling and Planning, 3, 43–62.