Insurance exists to protect you or an investment; but how do you get the right coverage, and properl...

1. What You Might Not Know About General Insurance
Insurance exists to protect you or an investment; but how do you get the right coverage, and
properly utilize it? Often times we pay premiums and get nothing in return! To know more about
your policy, and your options, read on.
It may go without saying, but someone needs to put it out there. When it comes to insurance, just tell
the truth! I heard a story about a guy who had his windshield shattered who did not report it to his
insurance company for two weeks. In that two weeks he changed his policy to include zero
deductible comprehensive so it wouldn't cost him anything to fix it. Lo and behold the insurance
found out! Can you guess where he is now?
When filing an insurance claim, be sure that you are prompt with doing so. This will ensure that your
claim is filed promptly and correctly, as well as taken care of in a reasonable period of time. Be sure
to also provide all reasonable information that the insurance company requests as well.
When settling a claim with your insurance company, know how and when you will receive your
payout. Many insurance policies are designed on an "actual cash value" basis, meaning that your
claim may only be paid once repairs are completed or replacement items are purchased. If you
needed cash to fund those purchases in the first place, you may be out of luck.
If you have had to file multiple claims with insurance companies, chances are. you already have a
feel for good adjusters and poor adjusters. Good adjusters are friendly and come across as
trustworthy and credible. However, do not mistake the "nice guy" for a guy who wants to give you all
that insurance company's money. Their goal is to be the approachable, human side of the insurance
business, while at the same time minimizing their payout to you. It isn't cruel, it's just business and
it needs to be borne in mind.
In order to get the best rates on insurance, you must shop around for the best prices. All you have to
do is call your local agents or obtain rate quotes via the internet. Shopping around can save you
hundreds of dollars a year and it takes very little time and effort.
Before heading off on your own to buy insurance, check with your employer to see if they offer a
company plan that may work for you. Many companies use the power of their workforce size to
http://illinois.edu/info/employment.html get plans and discounts that are unreachable by the general
public. The limits may be low however so study the plans carefully before making a choice.
Make sure that your pet care insurance policy includes preventative care packages, as well. Paying
for things like flea, tick, and heartworm prevention medications can get very expensive. Be positive
you have a policy where preventative care is included for your pets, to save yourself both the extra
time and money.
Call your insurance company and ask to remove the towing contingency from your auto coverage. If
you have to get your car towed, it will cost about one hundred dollars. After a couple of years of
insurance you're losing money if you haven't had to tow your car. Other parts of your policy will
cover tow charges in case of an accident, so you are really paying for something unlikely to be used.
You need a will. Seventy percent of Americans don't have one, and many families suffer because of
it. A will can help to protect your assets in the event of your death. It keeps your family safe from

2. probate court and lets everyone know what your intentions are. This might be one of the most
important legal documents you can have.
Keeping your credit report clean will also reduce the amount you pay on insurance. Your premiums
are based on how much of a risk you appear to be to the insurance company, and not paying your
debts can make you look like a deadbeat. If you pay off everything you owe, you will quickly find
your premiums go down as a result.
Make sure to take photos when you are claiming any type of damages to your homeowner's
insurance company. This is extremely important because your insurance adjuster may not be around
to take any pictures right away and some of the physical evidence of damages may not still be there,
and that will negatively affect your claim.
Make sure that the medical coverage on your travel insurance is going to be enough to cover the
expenses that may incur if you fall ill or get injured during your travels. Check the guide online to be
sure that the amount your insurance provides is enough to cover the costs.
Do not accept any cash payments from another driver that was the cause of any damages to your
vehicle. They may just be trying to prevent their deductibles from increasing and it is not a favor to
you. Your damages may end up being more than the amount that they offered.
If you own health or term life insurance you should never let your insurance lapse. If you fail to
extend your insurance for any reason, the insurance company may require you to submit to health
exams, and you may not be able to get back your coverage at the same price if you are able to get it
back at all.
If you are in the market for certain types of insurance it would be very helpful if you made an effort
to clean up your credit report before that time. Some insurance companies will view your credit
report and deny you coverage or force you to pay for more expensive coverage.
Filling out an application for an insurance policy online and/or receiving an insurance quote does not
mean you are covered so you must still pay all premiums do on your current insurance. You must
continue to do that until you get a certificate of insurance from your new insurance company.
If you submit an insurance claim and it is denied, always take the time to appeal the denial. At times
insurance carriers initially deny a claim and then later are willing to reconsider the claim. Unless the
circumstances of your crystal umbrella claim are specifically excluded on your policy, appealing a
denial can be well worth the time and effort.
Make sure that you read and understand everything about your coverage before you get into with an
insurance agent to file a claim. It is your responsibility to keep up with all of the details in case the
agent misses one while you are having a talk with them.

3. It is now time to go over your current insurance
policies, and perhaps to apply for new types of
insurance. For your own peace of mind and
financial security, you should have some sort of
coverage on the things that matter to you. If you
apply these tips, you should be able to insure what
needs insuring.