Insurance companies
are often seen as the bad guys in the insurance industry, charging ever
increasing premiums, while doing everything they can possible think of to renege
on paying out on claims. However, they often take the blame for much of what is
actually the doing of unscrupulous individual insurance brokers who give bad
advice in the interest of signing better deals and making better commissions –
and thus give unwitting clients the impression that things are covered when they
are actually not. This is one of the primary reasons why many insurance
companies have started to recommend that clients deal directly with them, and
now provide advisors to fill what was previously a brokering role. At the same
time the insurance companies are the targets of large-scale insurance fraud,
which has meant the tightening of policies and procedures.
There are so many insurance companies
in all the different areas of insurance that it can seem like a very difficult
task to choose the right one. Don’t be guided solely by the lowest premiums, as
you may end up without adequate cover. At the same time, the highest premiums
don’t ensure the best cover or the best service, so there certainly is a bit of
homework to be done. One of your best sources of information is other people
around you – people with direct experience of different insurance companies will
be more than willing to share their experiences with you.
There are direct insurance companies and
broker driven ones – the latter being where independent brokers are used to sell
insurance policies on behalf of the insurance companies.
Different insurance companies deal with
different areas of business, so you will generally need more than one insurance
policy to cover all your needs – your car, your household goods, your health
insurance and so on. Some insurance companies do offer comprehensive packages,
and you will often be able to save on premiums with these. For example, you may
pay less for your car insurance if you include household insurance in the same
package.
Not only are
insurance companies subject to stringent laws and regulations, they are also
watched over by an insurance industry ombudsman, to whom consumer complaints can
be addressed. This is part of an attempt of behalf of the reputable insurance
companies to clean up the industry and to make it more user-friendly for
clients.
Insurance Companies In South Africa
Regent Insurance Products| This South african insurance company offers short term cover for most types of vehicles. |
Hollard Insurance Products| Hollard is a privately owned insurance company with products for both individuals and businesss. Both short and long term products are available through Hollard. |
|
|
Car And Household
Insurer Of The Month |
 |
Dial Direct Insurance offers
you the chance to apply for you insurance cover
online for free. Get up to 25% by cutting out
the middleman applying
applying online today.
Click here for your free eQuote
or Call 0860 10 43 18 |
| Quick Quote Facility |
|
|
