Alvar Chari reveals his keys to picking a great insurance company. Not only does thing blog discuss the title subject, but it talks about why it is important. What can happen if a customer picks any old insurance company without doing their homework first?
What Can Happen If You Are Not Careful?
Let’s say you do not want to be bothered doing any homework. Instead, you only want to pick anybody at all for your insurance. What can happen? First of all, you will likely get the wrong type of insurance. Not every type covers every situation. You want a company that will offer you what you need. If you sign a contract with an insurance agency, and it turns out they are incompatible, guess what? You could be on the hook for a lot of money. Alvar Chari says, please avoid that and do your homework first.
Company Reputation
A great insurance company will have a great reputation. When you have your interview with them, ask questions of the representative. You want to know how long they have existed and the types of insurance products they sell. Alvar Chari insists on knowing at least that much.
Other Pertinent Factors
Alvar Chari adds that the firm’s leadership plays a key role in its reputation. Is their CEO a hands-on type of person? Or do they prefer to stand back and allow the associates to take care of everything? Additionally, is this their only office, or do they have many across the country? Are they adequately staffed to give each client class-A service? The answers to these questions are fundamental, according to Alvar Chari.
When It Comes to Paying Its Claims, How Good is This Company?
The answer to this question is critical, or so says Alvar Chari. This is something you can only find out by talking to past and present clients. So, during your interview with them, ask for references and follow up with them. The insurance company’s representative will tell you how wonderful they are at that; whereas other clients will tell you the truth.
Alvar Chari goes on to say that when you are speaking to the references, Alvar Chari adds that also find out what kind of service the company gave regarding paying the claim. Were they friendly and helpful? Or did they act annoyed even when all of this is what you hire an insurance company for — to be there when you need them, right? Absolutely!