In 2023 the rates are changing drastically and we really need to find out the best most profitable way for us as consumers to save on our car insurance how do we keep the coverage where we want them to be but pay less out of pocket there’s just so much happening let’s dive in …
As we enter into 2023 there’s really some big shifts that I’ve noticed as I try to reflect on what marketing is going to look like in 2023 and how things have changed so far so I want to shoot a quick video sort of giving you three major shifts that I’ve seen in the …
The Biggest Insurance Marketing Changes In 2023 Read More »
Nuclear inventory on the rise used car prices are dropping cheapest car insurance companies and rates by States and the top 10 most American vehicles of 2022 actually top 24 there were a lot of ties this is both good news for new car buyers and for used car buyers first of all new vehicle …
The insurance is covered by a contract or agreement between two parties. The first party is the insurance company and the second party is the owner of the vehicle. Through this contract, the insurance company is obliged to compensate the owner of the car for the damage and damage to his vehicle or the cars …
Probability of loss / chance of loss For example, leaving the keys inadvertently in the car door increases the risk of theft and the reverse situation is the closure of the vehicle and leave it in the garage by a guard will reduce the risk of theft, that there are degrees of danger (degrees of probability …
Motor insurance claim, facilitates the repair of the vehicles in any of the cashless garage network. Nevertheless, if the vehicle is serviced in a garage outside the network, then an insured person can reimburse the claim. The documents that are required for settling motor claims are: Happening and the list of the replacement of parts. The …
Self-retention is the percentage of risk that a person holds for his own account without being insured or reassured. Self-retention is a sum specified in the liability insurance policy that must be paid by the insured before the insurance policy pays any loss in this sense. Legal fees are paid to defend him in court …
Insurance in terms of risk insured from itThe insurance can be divided into different branches on the basis of the type of insured risk. Fire insurance if the insured risk is the fire. Therefore, the fire insurance protects the insured property in the document from the risk of fire. If the insured property is damaged …
Loss of profit insurance provides protection to the insured against:1 Loss of net profit as a result of production shortfall or interruption following a fire accident.2 Loss due to continued payment of fixed expenses Overheads following a fire incident (such as rent and fixed wages)3 Additional expenses incurred by the insured to prevent or reduce …
Fire insurance documents vary in conditions, exceptions and wording from country to country and from time to time. Therefore, we will not refer to a specific document but we refer to the principles of fire insurance. The purpose of the fire insurance policy is to compensate the insured for material damage The fire or thunderbolt shall …
