Some insurance companies may classify themselves as providers of very cheap no deposit auto insurance or cheap full coverage auto insurance. But what they do here is that they offer an insurance policy that covers only the minimum necessities that can simply help one qualify as a legal driver, i.e. their schemes only provide basic … Read more
Life insurance fraud is a black eye on both life insurance companies and life insurance customers. Both parties have been guilty of life insurance fraud and will be again – especially since fraud unfortunately appears to be on the rise by most statistical measures. Research by non-profit organization The Coalition Against Insurance Fraud finds that … Read more
Are you a small business owner? No matter what type of business you run, you will need general liability insurance and possibly some additional coverage depending on the industry you’re involved in. How do you know how and where to apply for the best small business insurance policy? Read reviews of different insurance companies by … Read more
Many insurance agencies have not yet formalized a master scoring system. This is a worthwhile endeavor for all agencies, and should be revisited each year, while tracking the return on investment for their marketing programs. What is key scoring? It is a methodology used to rank prospects against a metric and then assign a value … Read more
Car insurance companies underwrite policies that assess the risks granted to each insurance applicant. During this process, the person is grouped into a category, such as high-risk, low-risk, teen or elderly driver. If these risks associated with the applicant are deemed to be too high, coverage for the application may be denied outright. After calculating … Read more
When you start looking for reviews, be sure to look at companies that are trustworthy. Visit the insurance department in the state where you live. Many will publish consumer complaint ratios for all companies that sell insurance policies in their state. This will reveal the number of complaints the company has received for every 1,000 … Read more
Insurance and finance are two closely intertwined areas of business, not least because they both involve money. Both often involve speculation and risk, and oftentimes, where one goes, the other will follow. Take real estate investing for example, it involves a large amount of capital, quickly followed by insurance to protect the capital investment. It … Read more