Insurance is a necessary evil. You don’t want to be left on your own if you find yourself in a car accident, if you’re diagnosed with a serious medical illness, or a storm damages your home. It feels good to know that you won’t be out thousands, tens of thousands, or more should the unknown strike.
Insurance can help you recover, but that doesn’t mean insurance was created to be easy. Insurance companies are in business to make money, which means they will only pay out if it’s absolutely necessary. Not to mention, policies can be complicated, and getting a hold of someone can be a nightmare!
You aren’t at the mercy of your insurance companies. There are things you can do to make dealing with all of your insurance companies less stressful, whether you’re signing up for a new policy or you want to make a claim.
Consider Hiring an Attorney When Filing a Claim
Your insurance is there to help you when you need it. Unfortunately, getting that help isn’t so easy. From gathering evidence in a car accident to waiting for a settlement offer in a personal injury case, there are a lot of things you have to do in order to get the money you deserve.
Make things a little less stressful by consulting an attorney. They can help you gather all of the necessary information and documents, and they can provide you with tips on what to say, and what not to say, when speaking with your insurance provider.
If your case is serious enough or big enough, you may be able to retain your lawyer to fight for what you’re owed on your behalf. Having an attorney shows the insurance company you mean business, so they’re more likely to settle with you fairly.
Get an Agent
Insurance companies make it easy for you to do business with them with the click of a button. Although you can go online and apply for a policy in minutes, you may want to consider getting an agent instead.
Whether it’s a car insurance agent, a health insurance agent, or a life insurance agent, you can eliminate a lot of stress by having an agent who takes care of your file. That way, whenever you have any questions or you want to file a claim, you can call and talk to a real-life person without sitting on hold and talking to a representative you’ve never spoken to before.
Want to make things even easier? Consider an insurance broker who can help you find all of your major policies. That way you’ll only have one contact for all of your major policies!
Choose The Right Policies
Whether you choose to work with an agent or not, it is essential that you choose the right policies. You don’t want to get stuck paying for portions of a policy you don’t need, but you don’t want to try and make a claim only to realize your policy doesn’t cover what you need.
For example, there are multiple levels of car insurance. You may want to pay for property coverage if you live in a big city, while liability coverage may be all you need if you’re driving an old car. Medical insurance can be even more complex. It’s worth your time to dig into the details to choose the policies you need and can afford.
Get Rid of Policies You Don’t Need
Insurance can be helpful, but that doesn’t mean you need insurance for everything! Get rid of some policies and not only will you spend less money, but you’ll have less to stress over!
A few kinds of policies you may not need include:
• Private mortgage insurance
• Water line coverage
• Flood insurance
• Unemployment insurance
• Flight insurance
• Extended warranties
• Life insurance for children
Make Sure You Provide Complete and Accurate Information
Dealing with insurance companies isn’t any fun, no matter why you’re giving them a call, but things will only get worse if you try and make a claim only to discover that the information you provided in the past is inaccurate. Depending on the information, it could be grounds to deny your claim!
Make sure your insurance companies have all of the information they need, and make sure it is accurate. Contact them as soon as you have a new address or you change your phone number, and notify them as soon as possible if you experienced an event that pertains to your policy.
Keeping records is important when it comes to your finances. It can help you keep a balanced bank account and it makes tax time easier, but the records you keep should extend beyond the money you spend.
Have you been going back and forth with your insurance provider? Keep records of every time you have called and what was or wasn’t accomplished. If you have to repair your car after an accident, hang on to all the receipts, and maintain accurate records of medical procedures you have had. Having documentation for things like these can make dealing with your insurance easier in the future.
Whether you’re shopping around for insurance or you feel like you have called your car insurance company a million times, dealing with your insurance and thinking about your policies can be draining. Make sure you take breaks.
Taking breaks doesn’t mean hopping on your cell phone and scrolling social media either! If you’re feeling overwhelmed, go for a walk, listen to some music, or stop dealing with your insurance for the day. Everything will work out just fine if you give yourself a few hours to a few days to recoup and relax before you dive in and deal with your insurance again.
Dealing with insurance will always be a little stressful, but that doesn’t mean the stress has to take over your life! Whether you’re shopping around for new policies or you’re filing a claim, these tips will help make the process as stress free as possible.