Washington Health Benefit Exchange....we can help!!!

Posted By Tom Sawyer In Blog Purpose , Health Insurance , Insurance Coverages , Insurance Rates , Links | 0 Comments | Permalink | print this article

Confused, alarmed, upset , possibly excited about the new health care plans and requirements?  We are here to answer your questions and guide you through the maze of new plans, financial options and proper carriers.

Please call us anytime...we can fully explain your options, enroll you in proper plans,  and fill you in on what to expect from your new health plan come 1/1/2014.

Insurance Coverage vs Premium

Posted By Tom Sawyer In Insurance Rates | 0 Comments | Permalink | print this article

With the current economic downturn, we all have been bombarded by on-line and television ads, claiming lower insurance rates, promising to keep more money in your pocket. Buyer beware! Many of these, so called "lower rates" , are actually Insurance Companies, offering lower coverage levels or omitting quality "optional" coverages , without clearly clarifying this to the consumer. The ad claims of lower premium fail to mention less coverage and less personal service. I urge anyone considering the on-line or direct call insurance option to always consult with their current insurance agent or broker, before making a change. A savings of $80.00 dollars now,  may  seem enticing, but what if you knew this could cost you 100,000 in coverage in the event of a claim? I would surmise , your opinion on the savings would change.

The fine balance between coverage and premium is something you can ONLY achieve through a qualified agent or broker. This service does not cost anything additional and you as a consumer  deserve to sleep well at night knowing you are properly covered.

 

Social Security Numbers and Insurance

Posted By Andy Kosick In Insurance Rates | 1 Comments | Permalink | print this article

Imagine if someone asked you the cost of a dinner out. There is no way you could give them an immediate answer. There are so many other factors in that decision. You couldn’t come up with an accurate answer without asking more questions. What type of restaurant would they like? What quality of food are they looking for? What kind of atmosphere do they prefer? Are they looking for something casual or fancy, hamburgers or steak? You could give them an answer without asking any questions, but there is no way to tell how accurate it would be. How would that person feel if you told them $10.00 thinking a simple cafe, and then they walked into a 5 star restaurant expecting a $10.00 meal, only to find it was $50.00 per person!

The same is true of pricing insurance. Many Insurance Companies are advertising that they can quote insurance without using personal information. It’s true any agency can give you a quote, but how accurate that quote will be is a different matter. In WashingtonState your insurance is rated based upon your insurance score. Social Security numbers are used to determine your insurance score. It is not a credit report. An insurance score shows your payment history and overall financial stability. People with higher insurance scores qualify for better markets, and receive better rates. If you receive a quote without giving your personal information there is no telling how accurate it may be, and when you do decide to purchase the insurance you are likely in for a big surprise. It may be a good surprise, and your insurance rate may actually go down, but it may also be a bad surprise, with your rates going much higher than you had anticipated. Insurance can be frustrating and costly on its own, but finding out it’s more than you were originally told is a whole different story.

At Eagle Harbor Insurance we will ask for your social security number, but that’s because we believe honesty is the best policy. At the same time we guarantee that your security is our number one priority. We are here to serve you, and provide you with all the information you need up front. You can trust that the quote you receive is as accurate as possible, and that means you can relax, knowing there will be no surprises when it comes time to pay the bill. We will do everything we can to find you the best insurance possible at the best price possible.