There have been a number of significant changes to the California insurance industry over the last few years, especially considering the fact that the Affordable Care Act kicked in and completely rewrote the rules, regulations, and purchasing process for California health insurance (and health insurance all throughout the United States).
Many of these changes were made to simplify and streamline the overall California insurance purchasing process and to provide better coverage at cheaper prices – but a number of these changes have added an extra layer of complexity and confusion to the process. People are understandably upset.
Hopefully you’ll be able to take advantage of the rest of this quick guide to give you a little bit of extra insight into the truth behind the buying process of California insurance, as well as take away a couple of tips and tricks to help you get top coverage, for next to nothing.
Let’s jump right in!
All California insurance companies having unique algorithms to calculate insurance premium pricing structures
One of the (if not THE) most important things you have to realize before you even start to search for California insurance is that every single insurance company out there is going to have their own unique algorithms and equations to figure out exactly how much you are going to have to spend on insurance coverage through them.
By understanding this, you are put in a position of power and given a significant amount of leverage when you do price shopping on California insurance – especially if you bring different insurance quotes from other companies to the attention of the insurance company that you are most interested in working with. They almost always find ways to accommodate your budget when you present them with a quote from another company and ask them to beat it.
It’s not about how much California insurance costs, but instead about how much it’s worth
The faster that you realize that the overall price of your California insurance is less important than the actual value of the insurance that you are receiving, the faster that you are going to be able to make the right decision on insurance going forward.
Too terribly many people out there simply look at the price tag of insurance that they are interested in, never paying attention to what kind of coverage they are getting (or, in most circumstances, what kind of coverage is being excluded).
Instead, look for the most valuable coverage that offers a perfect blend between price and protection so that you can move forward confidently.