Having insurance is not as simple as it seems. Under the terms and conditions, there are several things that one may not know about his insurance. Such matters may include hidden benefits or losses. So, to get full advantage from your insurance must read all terms and conditions carefully. You can obtain maximum benefit from your insurance by having full awareness of your policy. It can also help you avoid damaging your insurance. Following are some important things that you didn’t know about your insurance.
1. Role of Insurance Adjuster
Many of us do not know the exact role of insurance adjusters. Adjusters or inspectors are representatives of your insurance company and their purpose is to deny your claim or reduce your claim worth. Do not get confused to understand their role, they are not there to help you but support your insurance company.
2. Keep your Insurer Up to Date As, the insurance company is responsible for informing his client about any change in the company’s policy or terms in the same way you are also responsible to keep your insurer up to date. Inform your insurer about your residence change, job change, and medical change and damaged goods. If you fail to give this information to your insurer then it can reduce your amount of cover.
3. Important Time Limits Every insurance policy has some time limits. Many of people are not aware of time limits importance. You can not avail benefits from your insurance policy after its expiration. So, must renew your insurance before its expiry. It is also important to claim your damage within the time limits given in your policy.
4. Things that can be Covered under your Insurance You may not be aware of few things that can be covered under your car and home insurance. These things may include your lawyer’s fee, injured pet, stolen gifts, missing luggage, landscape damage and spoiled food.
5. Damage from Natural Disaster It is important to note that any damage occurring as a result of natural disaster such as earthquake and flood cannot be covered under any insurance policy. Author Bio: Author is a law student with major interest in personal injury claims. He writes legal content for different websites and blogs. He gives his readers simple but important information about claim procedures, insurance policies and role of solicitors. His readers are inspired by his casual way of writing.
2. Keep your Insurer Up to Date As, the insurance company is responsible for informing his client about any change in the company’s policy or terms in the same way you are also responsible to keep your insurer up to date. Inform your insurer about your residence change, job change, and medical change and damaged goods. If you fail to give this information to your insurer then it can reduce your amount of cover.
3. Important Time Limits Every insurance policy has some time limits. Many of people are not aware of time limits importance. You can not avail benefits from your insurance policy after its expiration. So, must renew your insurance before its expiry. It is also important to claim your damage within the time limits given in your policy.
4. Things that can be Covered under your Insurance You may not be aware of few things that can be covered under your car and home insurance. These things may include your lawyer’s fee, injured pet, stolen gifts, missing luggage, landscape damage and spoiled food.
5. Damage from Natural Disaster It is important to note that any damage occurring as a result of natural disaster such as earthquake and flood cannot be covered under any insurance policy. Author Bio: Author is a law student with major interest in personal injury claims. He writes legal content for different websites and blogs. He gives his readers simple but important information about claim procedures, insurance policies and role of solicitors. His readers are inspired by his casual way of writing.
5 Things you didn’t know About Insurance