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So you've compared the rates of two different policies and one is clearly cheaper than the other. So that's the one you should go with, right? But wait, there's more to it than that. Money is not the only consideration when you compare home insurance.
Sure, you want to save money. Sites like QuoteScout.com want you to do the same. However, sometimes the more expensive plan is the right one for you. It may provide better coverage. It may be with a company that is more financially stable. Or maybe future discounts you would become eligible for would make it cheaper in the long run than the one that is less expensive right off the bat.
These are all things that need to be taken into account when making comparisons and trying to save, because savings should not have to come at the expense of quality service, protection and possibilities for the future. Choosing a slightly more expensive plan that offers better coverage will bring more than one type of savings in the future.
|Jennifer Mathes, Ph.D.|