Choosing the Right Insurance

I used to always look for the cheapest insurance company when shopping for auto or property coverage. But over time, I’ve realized that cheapest isn’t always best—especially when it comes to protecting your assets.

Insurance is more complex than it seems. For example, here in New Jersey, we already pay some of the highest insurance rates in the country. And with the recent approval of a 28% rate increase by the Insurance Commissioner, costs are only going up.

So, how can you shop smart for insurance?

1. Work With a Broker

Instead of going directly to a single insurer, consider working with an independent insurance broker. Brokers have access to multiple companies and can help you find the right fit for your specific needs and circumstances.

2. Look Beyond the Price

While price is important, it shouldn't be the only factor. Ask yourself:

• Do I have enough property coverage?

• Is rental car coverage included?

• What’s their total loss replacement policy?

• What’s my deductible?

• Will they pay for OEM (original) parts?

• What’s the insurance company’s rating and reputation?

3. Consider the Claims Experience

Not all insurance companies are the same when you need them most. A cheap premium won’t matter if the insurer refuses to pay what’s fair when something goes wrong.

If you’re unsure or overwhelmed, reach out to us. We’re always here to help guide you through the process and make sure you’re choosing the right coverage—not just the cheapest.