FAQs
Stick to the facts: Avoid giving an opinion about anything. Write down the adjuster's name and information for future reference. Do not guess answers: If you do not know the answer to a question, simply say so.
What are the most important things to know about insurance? ›
Make sure that your insurance company can cover you for all of the risks you are exposed to: General Liability, Bonding, Property Coverage, Officers Liability, and Accident Medical insurance. Education is key. Many PTAs buy an insurance policy without actually knowing what's covered.
What are the most important things to look for in car insurance? ›
What Type of Coverage do I Need or Want?
- Liability Coverage. When operating a motor vehicle, liability coverage is probably the most important coverage you will need. ...
- Comprehensive and Collision. ...
- Medical coverage. ...
- Uninsured/Underinsured Motorist. ...
- Uninsured Motorist Property Damage. ...
- Rental Reimbursem*nt.
Why do car insurance companies ask so many questions? ›
Assessing Your Driving History
One of the primary reasons insurance companies ask questions is to assess your driving history. This includes your previous accidents, traffic violations, and claims you've made. They do this to gauge your risk as a driver.
What is insurance best answer? ›
Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursem*nt against losses from an insurance company.
What are the 7 important principles of insurance? ›
In insurance, there are 7 basic principles that should be upheld, ie Insurable interest, Utmost good faith, proximate cause, indemnity, subrogation, contribution and loss of minimization.
What are the 3 most important insurance? ›
As you hit certain life milestones, some policies, including health insurance and auto insurance, are virtually required, while others like life insurance and disability insurance are strongly encouraged.
What are the three things to know about insurance? ›
These are:
- Premium: How much they need to pay for coverage.
- Policy term: How long the policy lasts.
- Policy limit: The maximum amount the policy will pay out for a covered peril.
- Deductible: The amount the policyholder needs to pay out of pocket before the policy kicks in.
What is necessary in car insurance? ›
Minimum Liability Insurance Requirements for Private Passenger, Commercial and Fleet Vehicles. Here are the minimum liability insurance requirements (per California Insurance Code §11580.1b): $15,000 for injury/death to one person. $30,000 for injury/death to more than one person. $5,000 for damage to property.
What is the most important type of car insurance? ›
Liability coverage is required in most US states as a legal requirement to drive a car. Liability insurance may help cover damages for injuries and property damage to others for which you become legally responsible resulting from a covered accident.
6 reasons why you need car insurance.
- quality auto coverage starts here. ...
- Car insurance may be mandatory. ...
- Car insurance offers financial protection. ...
- Your lender or leasing agent may require auto insurance. ...
- Car insurance can help protect you from the cost of repairs. ...
- Auto insurance helps protect your passengers.
Why does insurance ask how many miles? ›
Your average mileage can affect your insurance rate because the more miles you drive, the more opportunity you have to be involved in an accident or other event. Some insurers, including Progressive, only ask about the length of your commute, while others ask for your estimated annual mileage.
Why does insurance ask where you were going? ›
2. Where were you coming from and going to? The insurance company will ask you questions about where you were before the accident and where you were traveling to. They may be trying to determine if you were drunk, coming from a bar, or rushing to get to where you were going.
Why am I getting high car insurance quotes? ›
Car accidents and traffic violations are common explanations for an insurance rate increase, but other reasons why your car insurance rate can go up include changing your address, adding a new vehicle or driver, increases to claims in your ZIP code, and increases to car repair/replacement cost.
How do you answer the question why insurance? ›
4 example answers
I'm an extroverted individual who enjoys solving problems, so the insurance industry is perfect for me. I never encounter a challenge that I'm not excited to overcome, and I embody a positive attitude every day that I come to work so that I can help my customers and place of employment thrive."
How do you answer an insurance adjuster question? ›
Remember this motto: Stick to the basic facts. Don't add opinions such as who's at fault, what triggered the crash, or what the damages might be. More importantly, don't lie or even embellish the facts, as this can compromise your insurance claim and become grounds for serious legal trouble.
How do I talk like an insurance agent? ›
Hook your prospect with a strong opening sentence: It should address the needs of customers and why do they need insurance. Address their pain points: Most insurance customers tend to have common questions, and these are usually their concerns. It may include the premium amount, coverage, and even claims.
How to respond to insurance claims? ›
Promptly respond to letters and requests if they are unreasonable. If they are, say so, in writing. Be proactive: Give your insurer proof of your losses and ask for the dollar amounts you are entitled to. Don't wait for them to tell you how much they owe you.