Should you have an insurance broker, it is advisable to contact the broker first and allow them to handle the insurance company on your behalf. If not – you’ll have to deal with them yourself. This could get a little stressful, so it’s always better to let a pro fight the battle for you.
“The most important thing for insurance holders to be aware of is what their policy covers,” says our head consultant. “Clients need to have a look at the environment they live in and assess the threats to their property. Is there a high crime rate or is the area prone to hailstorms or veld fires? What does the policy cover, and to what extent?”
Our consultant also mentions that there are a number of things most clients just aren’t aware of. For instance, should they be behind on premium payments, they might not be covered for that month at all. Not only that, but many people don’t put anything aside for excess payments.
Another thing to check is whether or not you’re covered for the loss of Unspecified Possessions. Most people disclose the fact that they have a sound system in their vehicle, and see to it that it is covered in the event of theft. You may, however, be carrying unspecified possessions at any given time which could also end up stolen. These could include your handbag, clothing, laptop, etc. Are you covered for them?
So, clients need to ask the following questions: