Did you just realize that you weren’t getting the best price on your insurance? Maybe you changed jobs and are now eligible for a better package. Whatever the case may be, switching providers can be tricky. To help you out, here are some tips that will save you time and money!
Switch Insurance Providers at the Right Time The easiest time to change your insurance is when your current policy needs to be renewed. Usually, you will get a renewal notice about a month in advance. The notice will usually include your coverage, the premium, and any discounts that you are receiving. With this information, it is easy to compare rates for other insurance providers. If you don’t want to wait until your renewal time, you are able to cancel your policy at any time; however, you may incur fees.
Get Your New Insurance Policy First Don’t risk having any gaps in your coverage! Get your new policy before you cancel your old one. You don’t want to be caught without coverage, even for a few weeks.
Review How To Cancel Your Policy Most insurance providers jut need a written letter specifying the date of cancellation; however, it is always a good idea to review your insurer’s cancellation steps. The last thing you want is to be stuck paying two insurance bills.
Double Check Your New Plan Your new plan may be less expensive, but does it give you enough coverage? Check it carefully to make sure that you are getting the same coverage for a better price. Better yet, have our insurance agents check the policy for you! We don’t charge you anything extra. To get in touch with our independent insurance agents about switching your provider, call Cornerstone Preferred Insurance in Glendale. There are no fees for having our specialists shop around for you to find the best coverage!