Insurance is meant to protect youâbut only if itâs set up correctly. Whether youâre shopping for personal, home, or commercial insurance, overlooking the details can lead to costly mistakes when you need coverage the most.
At AL-GA Insurance, weâve seen it allâand weâre here to help you avoid the most common insurance pitfalls that people across Alabama and Georgia often run into.
1. Choosing the Cheapest Policy Without Understanding It
Itâs tempting to pick the lowest premium, but cheap policies often come with higher deductibles, lower coverage limits, or hidden exclusions. Always ask whatâs covered and whatâs not.
đ Fix: Work with a licensed independent agent who can help you compare value, not just price.
2. Forgetting to Update Your Policy After Major Life Changes
Got married? Bought a home? Started a business? These milestones can drastically change your insurance needs. If your policy hasnât been updated, you could be underinsuredâor worse, uninsured for new risks.
đ Fix: Schedule an annual policy review, especially after major events.
3. Not Understanding Your Deductibles
Many policyholders donât realize theyâve chosen a high deductible until they file a claim. This can lead to unpleasant surprises when youâre suddenly responsible for thousands out of pocket.
đ Fix: Choose a deductible you can comfortably afford in an emergency.
4. Skipping Optional Coverage That You Actually Need
Some people opt out of flood insurance, rental reimbursement, or business interruption coverage thinking theyâll never need it. But when disaster strikes, they wish they had it.
đ Fix: Donât assumeâask what optional coverage makes sense for your location, business, or lifestyle.
5. Failing to Bundle Policies
Missing out on bundling discounts is one of the easiest ways people overspend. If you have auto, home, or business policies with different carriers, you could be paying more than you should.
đ Fix: Ask about bundling with AL-GA Insurance. We work with national providers like Progressive and National General to help you save without sacrificing coverage.
6. Not Knowing Whatâs Excluded
Many assume âfull coverageâ means everything is coveredâbut most policies have exclusions. For example, flood damage is usually not included in standard homeowners insurance.
đ Fix: Read the fine printâor let us walk you through it so there are no surprises.
7. Waiting Too Long to File a Claim
Delays in reporting a loss can cause your claim to be denied or delayed. Always report incidents promptly and accurately.
đ Fix: Know your policyâs reporting requirements and keep your agentâs contact info handy.
Avoiding Insurance Mistakes Starts with the Right Agent
At AL-GA Insurance, we make it our mission to educate and advocate for our clients. Whether youâre buying your first policy or reviewing your current coverage, weâre here to help you avoid pitfalls and get the right protection at the best price.
đ Call us at 334-578-ALGA (2542)
đ Get a free quote online
No responses yet