Myth? Insurance Shopping is Easy
Insurance rates are skyrocketing with the large insurance companies. Lobbyist and regulators repeatedly tell policyholders to "shop the market" and everything will be okay. They are implying that shopping for insurance is a simple process and consumers are just lazy. Really they're saying it's your fault. As if you like paying too much and getting too little.
Shopping for insurance isn't like shopping for a carton of milk. Insurance policies are complicated financial instruments, one-sided contracts written in legalese by corporate lawyers for the benefit of the carriers. The average policyholder is not armed with the proper knowledge to research and independently shop for their personal insurance. Unfortunately, this leads them into an unnecessary cycle of continuing to significantly overpay for the same insurance coverage.
The complexity of the insurance market has real consequences for Texas families. The Office of Public Insurance Counsel (OPIC) recently conducted a study that shows that auto policyholders who have been with the same company over eight years could save over 19%, or an average of at least $194, by switching to a new company. That is real money that could be better spent on putting food on the table or circulating in local economies supporting small businesses.
Our current insurance market is dominated by a handful of enormous companies, and what passes for competition these days tends to be reduced to which behemoth can spend the most for the catchiest TV ad. True Competition should be on the basis of cost, quality, and service just like in other industries.
Paschall Insurance Group has well over 100 years of combined insurance experience. We take the stress out of insurance shopping, we do it all for you! We will compare your old, current and new policies to ensure you receive the best coverage and price available in the market. Our friendly staff will do a complete insurance review, making sure you understand your insurance coverages and answer any questions you might have. We are your advocate in the insurance market. We treat our clients like family, because they deserve nothing less than the absolute best!