Most people don’t realize that the insurance industry is different from most other businesses. The insurance industry is heavily regulated by State and Federal Agencies. Your premium rate is determined by the policy that you choose and your health history—as regulated by the state– not the agent that you work with.
Consequently, when an individual gets a proposal for a particular policy from a particular insurance company, the quoted rate is the same regardless of the insurance agent. It is not cheaper to purchase the policy directly from the insurance company, or from a competing website or a different agent. Your premium rate is determined by the policy that you choose and your health history—as regulated by the state.
Purchase your insurance from an agent that you can call or email when you have a question.
Find an agent that you…. Trust.
Find an agent that you are comfortable with.
Find an agent that will help you find the right combination of value and benefits with a strong A rated company.
The premium that you are charged may be different from the proposed rates on many products. For most major medical health insurance and life insurance over a certain benefit value (for ex.$50,000 –although this varies by insurance company), the final rates are determined by health underwriting. The rates are limited to a regulated range by the state, but the final rate within that range is determined by your health.
How to get the best rates in Texas.
So, how do you get the best rates in Texas?
Rates- To find the best rates for YOU –Find the best value for the benefits that fit YOU best.
Benefits– What benefits are most important for you and your family? Low CoPay?, High deductible?, Better Prescription Coverage?, etc.
Top rated carrier– It will not help you to have a cheaper insurance, if the insurance company can not pay the claims
Trustworthy Agent– Find an agent that you can talk with, that will help you find the best plan FOR YOU!