How to apply for insurance without getting overwhelmed
Applying for insurance can seem like an insurmountable task if you’ve never done it before, but the process doesn’t have to be that hard if you follow some key steps.
We’ll show you how to apply for insurance without getting overwhelmed, and will take you step-by-step through the entire process from beginning to end so that you can be prepared with all of the necessary information when it comes time to talk to an agent. Let’s get started!
Figure out what you need
Before you start looking at rates and carriers, figure out exactly what it is you need. Do you already have a car? Is an umbrella policy enough, or do you need full-coverage as well? What about life insurance — do you want a policy that covers your family’s basic needs in case of death, or will something less expensive suffice?
Think about how much risk (and money) you’re willing to take on and narrow down your options based on your preferences. Your agent can help you find policies that match your requirements. Once you’ve got everything sorted out, start shopping around!
Research your options
There are tons of options when it comes to insuring your home. And, while many people tend to focus on homeowners’ coverage, they often don’t take into account all of their options. Just because you live in a rented apartment doesn’t mean you can’t insure your property. In fact, it might be more important to make sure that’s taken care of before disaster strikes.
So how do you decide what kind of insurance is right for you? Start by doing some research into your property and its value; sometimes just knowing that information will help steer you toward one company over another. If you’re still not sure where to start, consult with an agent who can give you advice based on your specific situation.
Create an application plan
There are so many things to consider when applying for healthcare insurance, and with so many different companies and plans, it’s easy to get lost in a sea of legalese.
That said, if you take a systematic approach and keep these steps in mind before you start your application process, chances are that you won’t get overwhelmed. Here’s what you need to do: create an application plan. What that means is determining exactly how you will go about filling out all of your applications.
Make sure all of your information is organized before embarking on your quest—you don’t want any important papers or documentation left behind! It’s also a good idea to make copies of everything you submit; just in case something gets lost along the way. Finally, make sure you know where to find each company’s contact information (including phone numbers) because you may have questions once your application has been submitted.
The last thing you want is to have completed all of your hard work only to not be able to get answers from someone who can help. The whole point of creating an application plan is making sure that doesn’t happen!
Know when to switch carriers
The best time to switch carriers is when you have had a significant life change.
A great example would be if you got married, had a baby, or moved out of your parents’ house and started renting your own place. These are all great times to consider your coverage options again. Insurance companies offer different plans, so it’s important that you read up on any changes and explore what each new plan has to offer.
All of these steps will help ensure that switching carriers goes smoothly—plus that you don’t leave any money on the table! If you find yourself in need of health insurance, check out eHealth’s free quote comparison tool today. You can start comparing health insurance quotes now by entering some basic information into our simple online form.
Read all fine print
Your agent will no doubt go over some of these details with you before you sign any paperwork, but it’s always a good idea to get your own copy of your policy and read it in full.
That way, if something catches your eye later on, you can bring it up immediately. This might include stipulations that don’t seem like they should be a big deal but could end up costing you down the line.
For example, certain policies will only cover you if there’s damage from severe weather such as hurricanes or tornadoes—if you live in an area that has frequent inclement weather, make sure you’re covered for damage outside of those conditions as well.