It’s difficult for consumers to know if they’re being ripped off when it comes to life insurance. Price alone doesn’t tell the whole story because many products are cheap, but they have terrible coverage. Without much product knowledge, consumers will rely too much on price to make a buying decision, which quite often leads to a bad decision. At Houston Life Insurance Plans, we try our best to educate consumers with product knowledge so they make the best buying decision possible. Try out our blog page to get the product knowledge you need.
To get the best insurance advice, you should work with an independent agent that has experience. Experience is important because new agents don’t know the market very well. A new agent might think that a particular product is well priced, but an experienced agent may know of a better priced product. New agents may be biased in the products they recommend because they lack the experience working with different products. Finally, some agents are contractually obligated to sell insurance with only one company (called captive agents). Those agents are obviously biased in their recommendations. Not only that, but captive agents quite often sell products that are not competitively priced. It’s important to work with an experienced, non-captive agent to get unbiased advice, which is exactly the type of agent you get at Houston Life Insurance Plans.