Archive for March 2022

We all know that we need to have some type of insurance policy, but knowing what the best policy and agency to go with can be tricky. That is the first step to being insured is purchasing insurance; you need to find an agency and agent you can trust. This agent should have your best interest in mind; they should help you find a policy to match your individual needs. After working with a trusted agent, you will have a regular payment to an insurance carrier referred to as your “premium”. Premiums can be paid monthly, semiannually, or annually. In exchange for your premium, the insurance carrier agrees to pay for any loss if a covered event occurs, referred to as a “claim”. Insurance works by spreading the risk of loss across many months to make the financial burden of the risk lower for all.