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My old friend Jayant is always saying that auto or car insurance claim can be harder if you are not aggressive. And he is right, because personally I look at near about every after two claims one claim comes in strange situation.

In most agencies, holding customers accountable seems to be one of the bigger frustrations. Have you ever thought or said "why is it always our fault when a customer has a loss that is not covered? They knew that they didn't have that coverage." For agents serious about minimizing the potential of their agency facing an E&O claim, achieving a high level of customer accountability is a great goal to strive for. To achieve this goal may require some hard work and some new initiatives. Documentation is a key but documentation is more than just words in the system. Any agency will be hard pressed to hold their customers accountable without a file that is well documented. However, documentation by itself will not get it done. Agents need to fully understand that when an E&O claim happens, the E&O carrier will look to secure the actual file in question (paper or electronic) to see what it looks like and what it contains. Solid documentation that is handled promptly, is accurate and professional will make the E&O carrier's job much easier. Conversely, a file with sketchy documentation could prove to be a problem in an E&O matter. Effective handling of client interactions is very important. Every day, customers are asking questions, modifying coverages, etc. The questions (and the answers provided) should be fully documented in the agency management system. In addition, requests to delete or decline coverage or to modify coverage in some manner should be documented as well. But documentation only in the system may not be enough. The agency should have a procedure for confirming / memorializing the discussion. Without this, mistakes can occur. Possibly, what the agency heard is not what the customer requested or possibly what the customer advised is not what they really meant. Let's take the scenario that the agency has provided a personal lines umbrella proposal and the customer calls to advise your agency that they are not going to purchase this coverage. W

Owning an apartment building can be a great way of generating passive income. However, as a rental property owner, you're exposed to several potential risks which can lead to losses and expensive lawsuits. Fortunately, many of these risks are covered by commercial apartment building insurance. In this article, we will discuss common risks faced by commercial apartment building owners and steps to claim insurance.

Too often, insuranceagencies tend to renew their Errors & Omissions coverage with the same limit they had during the previous policy period. If this has been the practice in your insurance agency for a number of years, there is a good chance the E&O limit is significantly outdated. While there is no magic formula for calculating the proper E&O limit, small agencies can still cause big E&O claims, so there are a few things to keep in mind.

Bharti Axa Car Insurance is the best Car Insurance in India with very cheap premium and high claim settlements

It not only protects your home and belongings but also shields you from claims and other legal issues. Choosing the right insurance policy can be challenging because you need to consider various insurance providers and various factors. Although you probably want reduced rates, there are other things to consider.

Renters insurance is a kind of property insurance offering protection to tenants living in a rented dwelling. The policy offers coverage for personal property and liability claims, which are not due to structural issues of the property. Though renters insurance is not a legal requirement, many landlords get it to provide some tenant coverage.

Insurance coverage defends those who totally depend on you. Good deal insurance company provides various ways, you may be able to manage your plan and reduced costs , and easily get claim money.

Buy health insurance policy from Bharti AXA and enjoy the benefit of health cover and tax savings. Our medical insurance offers cashless hospitalization, unlimited day care procedures, unlimited room rent, easy claim settlement and more.

Recreational vehicles (RVs) offer a unique way to explore the great outdoors and embark on unforgettable adventures. Like any vehicle, RVs need insurance coverage to protect against potential risks. RV insurance is designed to provide financial protection in case of accidents, damages, theft, or liability claims related to your recreational vehicle. It typically includes mandatory and optional coverages tailored to RV owners' unique needs.