Although the chances of finding cheap insurance in North Hollywood are about as common as a short line at Pink’s Hot Dogs at noon, there still are many ways that any auto and home insurance customer can find lower rates. With the advent of the online marketplace, many North Hollywood residents are finding much more affordable insurance policies via the Internet. And since you can virtually apply for these policies at home and very quickly, the process and application is a snap.
However, there are some things that most of these online insurance companies do not like to advertise. There are policies, fine print in most case which might seem to be great on the outside, but when you review the fine print, you’ll end up paying more for your insurance in the long run. Plus, if by chance you have an accident and need to file a claim, many of these companies will make you pay or wait long periods of time before receiving a check.
In order to provide more information in which to base your decision for finding cheap insurance in North Hollywood, here are a few things you should consider when looking into online insurance policies.
Be Aware of Special Sign-Up Deals
Just like getting a satellite dish or any other annual contract product, many companies attract their customers with special ‘introductory offers’ such as lower rates for the first few months of activation. The problem is that they don’t advertise that they make up these discounts by charging you fees, penalties and other up charge service during the other 9 months of your policy. Many online insurance companies often employ this tactic as well.
They will tell you that your first three months of payment will be deferred or significantly reduced, but they won’t tell you that you’ll have to pay for the entire year up front, or that you’ll have to pay higher interest or other penalties. The best piece of advice we’ll provide in this area is simply to be cautious of online ‘deals’ that look too good to be true – because they most likely are.
Be Aware of Huge Insurance Companies
Big insurance companies often have the means to pay out claims very easy and quickly due to their enormous capital and employee staff. However, these companies also tend to provide insurance customers with poor service, and more excuses than you can possibly believe. They also tend to be more expensive for providing the same exact policy that a less well-known brand name insurance company might.
The thing to be wary of when dealing with big insurance companies is they too will try to get you with fine print policies and hang the threat of dropping you as a client if you dare to file a claim with them. Big companies for the most part don’t care about you as an individual and they certainly will not listen to your issues or concerns.
So, when looking for cheap insurance in North Hollywood, you might want to stay away from the sharks that prey on customers like us looking for a great and affordable insurance deal.