Insurance

Why do I need insurance?

Insurance can protect you financially in many ways.

Accidents and disasters can and do happen. If you don't have enough money to deal with them, you could face enormous financial hardship and setbacks. Insurance is a way to protect your life, your health, your ability to earn an income and keep a roof over your head when things go wrong.

There are many different types of insurance, and it's unlikely that you'll need (or even want) them all. But if you have loved ones or property to protect, you probably need at least a few different types of coverage. Find out more about the most common types of insurance, which ones you might need, and how much you should buy.

Which insurer is right for you?

More and more policyholders are contacting a independent insurance broker to find out about the various insurances and coverages for their vehicle, your works of art, boat, collection, home and business.

In general, customers become very concerned when their insurance premium is revised upwards, or when they feel the need for additional guarantees to benefit from more comprehensive coverage. Sometimes they contact a brokerage firm because they can't decide between the offers from various insurance companies and are reluctant to take out this or that coverage. This is where an independent broker comes in, with no ties to any insurer. He can answer his customers' questions, advise them and guide them in their choice of cover, impartially, with the aim of offering the best possible protection and meeting their needs. But how do you choose the right insurer?

Which insurer should I contact?

Each business insurance company targets specific customers, as each has unique needs of its own. The right provider for one is not necessarily the right provider for another. That's why it's important to store around, to find the best offers that meet your exact needs and requirements, whether in terms of coverage or rates. On the other hand, one and the same insurance company does not necessarily meet all the needs and requirements of a policyholder. Indeed, some customers opt for a single insurer for all coverages, only to find out later that this is not the best solution.

That's why an independent insurance broker can be the best choice, especially since he or she can insure a customer with several insurance companies. auto and home to take advantage of their best offers. It is possible to insure the car with a first insurer, while the motorcycle will be insureds house with a third. This solution makes sense, especially as each insurer specializes in a specific type of protection. By opting for an independent broker, the insured can benefit from the best coverage with each of the property-casualty insurers. On the other hand, the use of such a service provider means that all insurance policies can be taken out with a single phone call. This saves time and effort in the process of canvassing several companies for a single contact.

Insurance

Insurance is a complicated business, but it's a dynamic sector that boosts the global economy by protecting assets and property and preventing bankruptcies. Yet few people think about compare their insurance annually. It would be more interesting to enlist the help of a broker, who can facilitate contact between policyholders and insurers. In addition to advising his clients, he can answer their questions and guide them towards the most appropriate and relevant coverage, while making the most of the competitive advantages of each insurance company.

Definition and examples of an insurance claim

A insurance claim is simply a request to your supplier. When you file a claim, your property has been damaged, you have been injured or an event specified in the insurance contract that would trigger a payment has occurred. You can only make a claim for an event caused by one of the named perils listed in your policy. Your policy covers and indemnifies you for loss or damage. A claim is a request for compensation after you have paid your share of the costs, if any.

For example, if you have collision coverage and are involved in an accident with another driver, you'll want to file a claim with your auto insurance company to cover (or reimburse) the costs arising from the accident, so you don't have to pay out of pocket.