Having been an Allstate agent for 31 years, the opportunity avails itself to help people make sense of insurance, in a very general way. There are many different types of policies, some which you pay for and some that are provided for you or that your employer may pay all or part of the premium for you.
I have yet to have a complaint about premiums from someone who had a loss and had the right insurance coverages.
So how do you get there? First of all, understand that insurance is really about sharing risks. Some risks you are going to take your self, some you are going to want to pay an insurance company to take for you.
If my bicycle is stolen, I am OK taking that risk myself. If my house burns down, I don't want to take that risk, so I pay an insurance company to take the majority of that risk for me.
Also keep in mind, just because you have a policy and pay a premium, does not mean everything is covered. You need to discuss with your agent what is and is not covered by your current policy.
You need to build a relationship with your agent and discuss what risks you are taking and what risks you are paying the insurance company to take. If you are not building that relationship, or you have several policies with several different agents, you are not making sense of your insurance.
It is better to discuss this before a loss rather than finding out after a loss that you were not covered properly.
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