Disability Insurance Articles
Three Red Flags In Online Disability Insurance Quotes
2011-06-20
The insurance industry has been constantly changing to meet the demands placed on it by the public. Whereas traditionally, people would obtain their health insurance, including disability insurance, from their respective places of work - that is not the case so much anymore. Many people are moving from brick and mortar insurance companies to the Internet, which has become home to many of the insurance companies that previously held, or hold, physical locations. Health insurance, including disability insurance, companies have seen the trend and have opted to go along with where their customers are going. The Internet is now home to a great many insurance companies that are willing to offer customers discounts, affordable plans and total coverage. However, one must be careful when searching for and getting disability insurance quotes online. There are three red flags that you should watch out for when getting disability insurance quotes online.
One of the first warning signs to look for is quotes that appear too good to be true. Everyone knows the old adage, and it definitely applies to disability insurance quotes as well. Oftentimes, when a person puts their current policy information, current health information and other personal information into a quote box, what they get back seems to be a fantastic deal. If you notice that the quote you have received from any given company for disability insurance is far less than what you currently pay, or have been paying, then it is time to re-evaluate that quote. Either the information entered was incorrect, or the company is simply trying to entice you to call and sign a policy.
Another red flag is when the quote that is returned contains policy information that you never requested. The point of online disability insurance quotes is to find out what it will cost to get a policy based on your needs. If a quote comes back and has extra information or insurance add-ons, then an immediate red flag should go up. Companies should not push their own incentives on customers, and any company that does should be avoided.
If the company you received the quote from asks that you contact them rather than display the full quote - there is a problem. Potential customers should be able to make the choice on whether or not they want to contact the company to move forward. If instead of a full, detailed quote, you get a shorter version with a prompt to call - avoid that company.
Online quote comparison sites can help you avoid these types of red flags with online quotes. You simply enter your information and within minutes you'll have several quotes from different companies. That way you have more options to view.