How to Choose an Insurance Company That Won’t Screw You Over When You Need Them

The insurance industry in the U.S. is a multi-billion dollar financial juggernaut, but, to the average person, they provide safety nets. There are few things more stressful than suffering a loss that requires you to file an insurance claim. When that happens, you need support, guidance and quick processing of your loss so that you can get back on your feet. Here are three ways to make sure you can find an insurance company that won’t screw you over.

Don’t Trust the Advertising

Some of America’s most well-known insurance companies—the same ones that you see all the time while watching TV—frequently deny claims, delay payments, intentionally mislead and confuse, and retroactively refuse anyone who may cost them money. Insurance ads can be clever, funny and make you smile. They are some of the most entertaining in the business. But remember, those happy commercials are actually a ploy to earn your trust. Instead of buying something because you like an ad, do research first to make sure that the insurer you’re considering has a good track record of paying claims.

Read Reviews Written by Real People

A quick Google search or view of any number of websites dedicated to reviewing insurance companies should give you a good idea of which insurance company will treat you right and which company will hurt you. But, don’t just rely on experts’ reviews. Check forums and reviews of a company and see what their customers are saying. Make sure to judge these reviews based on how recent they are and if the reviewers have comparable policies or businesses to yours.

Search the News for Complaints and Concerns

Part of doing your own research means keeping an eye on the news. You can always search your local news or go to Google and type in a prospective insurance company’s name. From there, view the results and see what you find. Are there any negative stories or stories about companies that withheld claims or unfairly treated customers?

The moment when you need to file an insurance claim can be one of the most stressful times of your life. You and your business deserve an insurance company that will look out for your interests before their own bottom line. Make sure to follow the three steps above, and you will be well on your way to finding an insurance company that will protect your wallet during your moment of crisis.

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