It is hard not to view insurance payments as money down the drain, so many of us use price quotes as the deciding factor when we select car, home or household insurance. No one wants to be “taken” on their insurance premiums.

Many consumers come to regret the policies they purchased when it comes time to file a claim with their insurance companies. This is usually when we find out what we’ve been paying for with our premiums, and more often than not, we find out that we get what we pay for.