You like your insurance agent. He offers you his cell phone number and tells you to call any time you need him. You see pictures of him on Facebook playing with his perfect little kids. He even sends you a bag of mixed nuts every Christmas. He’s a good guy.

But just because your agent is a “good guy,” doesn’t mean the insurance company he represents has your best interests in mind. Despite the fact that you give them hundreds or thousands of dollars every year, you’re nothing more than a source of income. The moment you become a liability is the moment they go to war with you.

Are Insurance Companies the Bad Guys?

It’s tough to say this – because, you know, your agent is a good guy – but the insurance company isn’t your friend. When you’re in a car accident, or you slip and fall on a wet floor at a restaurant, the insurance company isn’t going to run to your side and offer you a pile of cash. Instead, they’re going to do everything they can to protect their bottom line. Continue reading →