John Castanella recommends that you visit http://www.instaquoter.com/auto/ for an online auto insurance quote.
Are you scouting for auto insurance? Be careful and make your decisions prudently, as chances are your Auto Insurance Company is scamming you. Most of us believe that it is only people who scam auto insurance companies, but there have been cases where citizens have been defrauded by these insurance agencies. Protecting yourself from auto insurance scam would save you from higher premiums in the long run. For your sake, we have listed 3 ways your auto insurance company could scam you:
Playing on your ignorance - Most people don't clearly understand their insurance needs and are also unaware of different products floating around in the market. This ignorance exposes them to scamming by dubious insurance companies and agents. Most insurance companies play on your instinct and coax you to choose a plan with the lowest deductible possible, thus, extracting a much higher premium amount. Also, since the paper work is so cumbersome, many people don't bother to go through the fine print. This is where insurance companies play it smart. You could end up paying more for a coverage you never sought.
Low Balling - There is a burgeoning segment of insurance agencies, with in-your-face TV and radio advertisements, claiming to offer you the cheapest possible insurance deal. These agencies scam you in the most obvious way; they resort to "Low Balling". Once you have signed in for their insurance scheme, a letter would follow stating that you were under charged due to a "Company Rate Error". In such a case, you would most often than not, pay-up, as not paying would mean that you lose whatever premium you have already paid.
Coaxing you to pay ‘Cash' - The greatest tip we can offer is "Do Investigate". The biggest scamming cases involve fraudulent insurance agencies and agents. Usually, the modus operandi followed by these entities is to hard-sell their schemes to unassuming citizens and coax them to pay the premium in cash. Once they receive the cash, you are left high and dry, without an insurance cover. The loop-hole is that if you procure insurance from an unlicensed agent, then you are not protected.
- Related Videos
- Related Articles
- Ask / Related Q&A
20 Year Term Life Insurance - So Many Uses For This Policy
By: Donald Lusan | 25/11/2009The 20 year term life insurance policy can be effectively used in oh so many situations. We will look at some of them but first let us define what this policy is all about. 20 year term insurance has a level death benefit for the entire 20 year period. This death benefit can be paid in one lump sum or in income form.
Aetna Health Insurance Company of Arizona Review
By: Rick Lewis | 24/11/2009Aetna Health Insurance Company of Arizona is an excellent choice for Arizona health insurance. Of course, not an insurance policy, the best solution for everyone's
Aetna Health Insurance Quotes Available Online at EasyToInsureME
By: Rick Lewis | 24/11/2009In today’s economic environment people are looking to trim expenses anywhere they can. And, with so much talk about healthcare reform individuals are becoming more involved and aware of the cost and availability of healthcare and health insurance.
Aetna Makes $30,000 Grant to Atlanta Urban League to Support 'Get Body Beautiful' Program
By: Rick Lewis | 24/11/2009The "Get Body Beautiful" program, which kicked off Nov. 1, is an interactive, multi-media program that includes: on-site community fitness classes at local malls and churches;
Dental Insurance - Find Cheap Dental Quotes Online
By: Bryan Burbank | 24/11/2009Dental insurance is something that all of us should but not everybody does. The main reason that so many people do not have dental coverage is because it is expensive and in many cases we only have enough money for health insurance. You can search online today and find affordable coverage so that the next time you go to the dentist you do not have to worry about the cost.
Learn How to Be Covered by Health Insurance After You Have Lost Your Job
By: Bryan Burbank | 24/11/2009One of the most talked about topics today is health insurance. Our nation is facing a crisis with so many Americans not having health insurance coverage. One contributing factor to this is the number of Americans that are losing their jobs due to the recession. In this article I will try to give you some tips how you can have health insurance after you lose your job.
Getting Term Life Insurance – term life insurance
By: Danny | 24/11/2009Trying to figure out the actual definition of term life insurance may end up at something like this: the insurance capable of providing coverage up to a specific time limit at a particular and fixed rate of payment. After the stipulated coverage time, the policy does not exist and there by the client either has to forego the policy or try to get potential further coverage with different payments and conditions.
Having A Hard Time Getting Cheaper Car Insurance? Fix That Today
By: Craig Realton | 24/11/2009And you have decided to try to save some cold hard cash on your auto insurance premiums. You thought it was going to be easy at first but you thought wrong.
5 Quickest ways to lower your Life Insurance Premium
By: John Castanella | 13/05/2006 | InsuranceWorried about the spiraling life insurance premium? We have enlisted 5 quickest ways to lower your life insurance premium. Well, keep these points in mind but do tread with caution and act prudently.
5 Quickest ways to lower Your Health Insurance Premium
By: John Castanella | 13/05/2006 | InsuranceIt is an old saying — "Health is Wealth." The most important step to maintain this wealth is to get a health insurance policy for you as well as your family. But, sometimes the premiums of such policies can leave you in and out of the budget situation.
Finding the Cheapest Life Insurance Quote
By: John Castanella | 13/05/2006 | InsuranceTo start with review and understand your life insurance requirements. Figure out if you really need life insurance at this point in time or not. If you don't have any dependents, then don't go in for life insurance policy.
Finding the Cheapest Health Insurance Quote
By: John Castanella | 13/05/2006 | InsuranceFinding the cheapest health insurance quote is one of the most important tasks for any consumer. You need to take care of certain factors before you compare quotes of different insurance providers.
Finding the Cheapest Auto Insurance Quote
By: John Castanella | 13/05/2006 | InsuranceResearch studies indicate that a car is broken into or stolen every 19 seconds in the United States. In such a scenario, you need to ensure that you have found the cheapest auto insurance quote. However, the trick is to amalgamate the duality of robust coverage and affordability.
3 Ways Your Life Insurance Company Is Scamming You
By: John Castanella | 13/05/2006 | InsuranceAlthough it makes sense to get in touch with a life insurance company to cover your dependents in the eventuality of your untimely death, there are integrity issues surrounding the insurance companies and agents.
3 Ways Your Auto Insurance Company Is Scamming You
By: John Castanella | 11/05/2006 | InsuranceAre you scouting for auto insurance? Be careful and make your decisions prudently, as chances are your Auto Insurance Company is scamming you. Most of us believe that it is only people who scam auto insurance companies, but there have been cases where citizens have been defrauded by these insurance agencies.