The world of insurance policies can be stressful to navigate, especially for a new or growing family. If you sometimes feel confused and overwhelmed by the sheer number of different insurance policies that are out there, and confused as to which ones you need exactly; don’t worry- you are far from alone!
Aussie households pay a staggeringly high percentage of their monthly income towards insurance policies. Whilst this can offer a great peace of mind, and we do recommend adequate levels of cover to meet the needs of your family, it is important that you aren’t paying more than you need to.
So, in a world where you’re inundated with insurance policies and promises left, right, and center, how do you stay on top of the best, most budget-friendly insurance policy for your individual family needs?
Take advantage of the free comparison websites!
Australia has some great websites that compare insurance policies for you. Best of all? They’re free for you to use! So hop on as many as you would like, and start searching for the best insurance cover for your unique needs. If you find different comparison sites turn up different “most suitable” results, don’t be afraid to pick up the phone and call the different companies to find out more. Who knows, you could even score a discount!
Take advantage of the free comparison websites
Australia has some great websites that compare insurance policies for you. Best of all? They’re free for you to use! So hop on as many as you would like, and start searching for the best insurance cover for your unique needs. If you find different comparison sites turn up different “most suitable” results, don’t be afraid to pick up the phone and call the different companies to find out more. Who knows, you could even score a discount!
Call up your existing provider and ask for a discount
If you have an existing insurance company and you’re unhappy with a rate increase, or a level of coverage- don’t be afraid to pick up the phone and call them! This is especially helpful if you’ve done some research beforehand and have spotted a better budget deal for a similar level of cover at a competitor. Insurance companies don’t want to lose your business, so sometimes a call to let them know you’ve found a policy with the same coverage for a better deal will result in them price-matching, or even price-beating to keep your business!
Talk to a professional
If you’re wanting a little more guidance about the best budget cover for your family, speak to a professional, such as a financial advisor or a friendly member of our team! Whilst the upfront cost of seeking professional advice is higher than using a free search engine, sometimes it's worth it for the peace of mind- it totally depends on your unique situation.
Got any more tips for knowing the best, budget insurance policies for families? Get in touch, we’d love to know!
