Tips for Choosing the Best Insurance Company:

If there is one thing that no one doubts today, it is that insurance is essential to guarantee the protection of essential items for anyone — home, car, medical treatment, etc. The question now is different: how to choose the best insurance company?

To help you make your choice, we have prepared seven tips to recognize which company will provide greater security and peace of mind.

1. Check reputation

Living in the information age greatly facilitates all types of research. Specialized websites, social networks, search engines with comment sections, all of this has become a tremendous source of information for anyone looking to purchase any service, including insurance.

Today it is very simple, among other measures, to ask your social network friends to share their experiences with a certain company. You can also access the company’s Facebook page and see the type of feedback customers leave there and how the response is given. If the company has disabled this function, it is a bad sign.

2. Check the legal status

Another mistake that cannot be made is hiring an insurance company that does not have the necessary registrations with the government and the institutions that regulate the sector.

The Private Insurance Superintendency (SUSEP) is the government arm that regulates the sector. On the institution’s website, you can find tools for consulting companies and products. The institution also publishes a consumer guidance guide.

3. Ensure transparency of information

It is also worth checking the company’s compliance. That is, the rules determined to guarantee ethical treatment with customers, brokers, government and society in general. The more a company dedicates itself to these issues, the less chance there is of having unpleasant surprises.

Transparency must also be in the disclosure and explanation of the rules and clauses that guide the contract. So, before concluding any contract, check that all the information you need has been given and read everything before putting your signature there. If during this examination you find items that limit your rights and that have not been explained before, it is best to rethink your choice.

4. Evaluate coverage

This is a basic concern. To know whether the price you are paying is fair or not, you need to know what you are getting. There are products with the most varied types of values ​​and coverage, so finding the one that suits your needs is the first step.

The ideal way to make this choice rationally is to make a list of the services you will actually need. So, with this starting point, it is possible to evaluate the coverage packages offered. Do this calmly, as you may eventually find some interesting service that was not on your list.

This methodology is the best way to guarantee that you will not take out insurance that is too extensive to the point of wasting your money, nor is it so limited that it leaves you hanging when you need it.

Another point of attention is the coverage and services that are launched over time. Stay up to date with the latest news so you can evaluate improvements to your contract that may be worth it for the benefits they bring. Just be careful not to hire just because it’s “new”!

Note factors that may influence the amount you pay. In the car insurance market , for example, situations such as changing address, changing the vehicle or even getting older can guarantee lower prices. Traffic fines increase the value.

5. Pay attention to customer service

We have already indirectly touched on this point when we talk about companies’ reputations, but it is so important that it deserves its own tip. Evaluate very carefully the way the company serves its customers. How many and what are the ways to get in touch? Is there a history of difficulty speaking to the insurance company?

To carry out this mapping, as stated above, you can rely on reviews from friends and even strangers, but be sure to pay attention to your own experience. If the service is bad, slow, delayed during the contract closing phase, when the insurer’s interest is total, imagine what it will be like when you need a service… If you notice this type of problem, it’s time to turn on the alert.

6. Enlist the help of a broker

Your impression — and that of most people — is not wrong: dealing with insurance can be complex and assessment errors happen. Therefore, counting on the help of a prepared professional is essential.

A good broker can help you understand your real needs and find the product, with coverage and price, to meet you. Don’t think twice about asking all the questions and queries. The broker is there for just that: to guide.

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