By
eHow Personal Finance Editor
Difficulty: Moderately Easy
Step1
Speak to family and friends. Give business to an insurance company that others trust to handle claims fairly. Find out which companies they recommend. Ask about problems and benefits of policies.
Step2
Research the insurance companies. Larger insurance companies are easier to reach customer service and are more likely to be available during emergencies. Inquire about the financial stability of the company to ensure it's around and available.
Step3
Shop around for the best value. Before making a decision contact several competitors. Insurance quotes can be gained over the phone, using the Internet and through insurance agents. Compare prices charged for the same policy. Ask questions to understand what the policy covers.
Step4
Combine together different insurance types. Most insurance providers offer significant discounts for combining two or more different types of insurance. Determine the amount of savings and benefits with combining various types of insurance.
Step5
Consult with a professional organization. Employers, clubs and group organizations commonly offer different types of insurance. This insurance is typically at prices much lower than individual insurance.
Step6
Seek a balance between price and quality. Choose an insurance policy that covers the complete costs of damages, based on what you're insuring.