When you shop for car insurance ALWAYS look at house insurance and vice versa

April 05, 2022

Car and house insurance are never standalone products. When shopping for one you ALWAYS want to shop for the other. There are three reasons for this.

1) 1. Bundling auto and home insurance almost always saves money.

2) 2. Car insurance IS house insurance. Most people don’t know – and too many find out the hard way – that if you are ever in a serious accident and your liability limits are insufficient, you WILL be sued personally. You could very well lose your house. And if you don’t own a home, your wages could be garnished for years.

3) 3. Most people also have no idea what uninsured and underinsured motorists’ coverage means. And if you are ever hit by such a driver and, for instance, can’t work for two years, you could be left high and dry financially ... even though you are not at fault. Again, you could wind up liquidating assets – e.g., your house – in order to stay afloat.

Car insurance is one of the most important components of your financial picture. It is not fast food. Never treat it that way. Never get a slam dunk quote. Talk to a professional agent who will discuss with you what it truly means to you.