Archive for April 17th, 2010
Home insurance myths unveiled
Myth: Standard policies will pay for flood damage.
Fact: None of standard insurance policies will cover any damage resulted from a flood. In case you have the need for flood coverage you should purchase it separately or include it as a weaver to your standard policy.
Myth: The medical payment coverage included in the insurance policy will pay for my and my family’s medical costs.
Fact: This type of coverage will pay for the injuries that someone other than you or your family members (guests, neighbors, visitors, etc.) had sustained while being on your property. However, your homeowners coverage won’t take effect if it’s you or someone else from your family. In such a case standard health insurance plans are employed. Read the rest of this entry »
Auto insurance quotes from the agents’ point of view
Ask any auto insurance agent or broker about their business and they will tell you that there’s nothing like the competition you face in this domain. Forget about the good old days when only a couple of agents could work with an entire town, giving everyone the type of insurance they need. Today there could be a hundred of insurance agents fiercely competing for clients even in a smaller town, not to say a big city. The economic recession has made its adjustments in the insurance business too, forcing a large part of insurance agents to work twice as hard in order to make a living out of insurance. Having such a large number of providers and such a few customers willing to purchase insurance, how can an insurance agent stay afloat? Read the rest of this entry »