How To Protect Yourself From Insurance Scam

There are thousands of unsuspecting people who end up falling victim to health insurance scams each year. Unauthorized insurers are ready to sell you health insurance with a low-cost premium and most people would never think that there are fake insurance companies out there waiting to steal your money. With so many companies offering health insurance, how does one decipher which ones are scams? The current trend of scams is on the rise due to the large number of uninsured individuals compared to the rising cost of prescription drugs. Simply put, people are looking for the best deal. There are ways to keep yourself safe from these con artists and still pay a reasonable premium.

Does a health insurance company seem to be offering a policy that is too good to be true? It could be. Victims of health insurance scams are usually those who go shopping around and find a great deal (and then find that in an emergency they are without insurance). There are no clear indicators of fraud unless you know what particular red flags to listen for during their sales pitch of their particular policy.

Con-artists are professionals at what they do because it’s often how they make their entire living. They will have paperwork that looks identical to a real insurer and uphold everything that seems to be that of a genuine and legitimate agent. First, common scams include loopholes that make sure what they are selling is not actually insurance. This would mean it is a discount program of some sort. These scams may reach you by telephone, offering a discount to individuals who, for any reason, do not qualify for real insurance. Also be wary if an agent mentions their plan being “reinsured.” It is true that some legitimate insurance companies do have reinsurance to protect themselves, but it is never mentioned when trying to sell insurance to a customer.

Health insurance scams are not easily spotted-liars may be trying to take advantage of your ignorance. Therefore, it is important to know all you can about health insurance before purchasing a plan. If someone calls your home and tries to sell you a form of health care or health insurance, take what knowledge you have and ask as many questions as you can think of. Any indication that this may be a fake insurer should be taken to the state insurance regulators for investigation. You could be saving yourself and others from being a victim.

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Armor Yourself with Affordable Car Insurance

Article by Orson Dixon

Many people often mistake ‘cheap car insurance’ for affordable car insurance. Getting a cheap insurance for your car does not necessarily mean that all crucial costs will be covered. Be sure to identify your requirements, see which category of policy holders you fall into, ensure if the auto insurance is in accordance with your criteria and then purchase the insurance. Try and steer clear from cheap auto insurances. Instead go in for insurance from a reputed company that offers comprehensive policies that are secure and available at affordable rates.

Secure online auto insurance companies offer insurance at decent rates and with potential discounts. Many other proactive ways can be adopted to keep your auto insurance rates as low as possible. A customer could look for special perks and incentives that may lessen the rate of the insurance. Several options such as driver’s educational qualification, multiple policy discounts, maturity discounts, safe driver incentives, family dynamic discounts, and other such savings programs are available with car insurance companies. If you manage to get hold of any of these, you will end up paying much less for your insurance policy.

One of the best ways to secure an affordable insurance rate is to be a safe and conscious driver. Keeping unsafe driving practices at bay will make cheaper insurance rates easier to come by. Several things such as speeding, drinking and driving, talking on a cell phone, inputting an address in the GPS device, and driving when fatigued could result in fatal accidents or get you a traffic ticket. If this is the case, then you can expect to receive a fairly high insurance quote.

Before going in for an insurance policy for your car, decide on how much coverage you need. Do you require a comprehensive and collision coverage only? These are basic coverages offered by all auto insurance companies. Several companies offer optional coverages that you could opt for. You don’t have to pay more than what you need to. If you are insuring an old car, then a high rate policy need not be necessary. If you can afford a higher deductible, you end up saving a lot of money on your premium every month.

Comparison of insurance quotes is a very important aspect. Do your homework by checking with several insurers for the coverages they offer with different types of premiums. Be sure about the limitations of the coverage, the validity period of the insurance policy, and methods of filing insurance claim. Car insurance is absolutely mandatory for your cars safety, your personal safety, and that of your family. Make a well informed and wise decision by choosing a secure and affordable auto insurance policy.

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