Many consumers these days are wondering how they can save some money on their daily, weekly and monthly recurring bills.
Some have found ways to save money on phone charges by joining a friends and family plan while others are cutting grocery costs by using coupons.
Customers that are revaluating their insurance coverage and related premiums may find themselves surfing the internet for cheap insurance - a good way to compare rates and companies.
But the National Association of Insurance Commissioners (NAIC) warns customers to do their homework before acting hastily and signing with the cheapest policy available.
"What seems too good to be true often is," said NAIC CEO Dr. Therese Vaughan. "Consumers need to be extremely careful not to take a shortcut with their insurance, which, in the long-term, can affect the safety and security of themselves and their loved ones."
Dishonest agents or illegitimate companies have scammed consumers before by collecting premiums but not providing coverage or having the financial backing to pay claims. However, with a little research customers should be able to find a reputable and affordable insurance company.
If you have any questions regarding NetQuote services, please contact us by phone at (800) 795-2886, ext 210, or by email at customercare@netquote.com.
Posted: June 09, 2009