Never Buy This Car Insurance

 Rev up your engines, today I'm going to talk a car insurance company that you should not buy car insurance from, now of course all car insurance and all insurance companies are out to make a profit, they take your premiums and try to get them as high as they can, then they try to pay out as little as possible to make a profit, those giant insurance company towers like the AIG one that's 3 blocks from here didn't get built for free, it wasn't jack and the bean stalk, it's your insurance premiums that made them make a lot of money, to build those buildings and to pay themselves a lot, and to give you an example of my own personal car insurance, I've been driving for 45 years,

 well over $70,000 in car insurance premiums, and over those 45 years the claims that I put in and got paid for, I'm a good driver, came down to less than $6,000, so do the math who came out, the insurance company did, they came out like bank robbers, if you take all the other insurance that I've paid in the last 45 years, house insurance, health insurance, and car insurance, your talking over $240,000 that I gave to insurance companies, I have had claims paid for the house for hurricane damage and health stuff done to me of less than $40,000 total, they made $200,000 off of me, so realize these insurance companies are making a lot of money, look at all the advertising they do, hey they spend hundreds of millions of dollars advertising to try to get you to give them money 

so they can make more profit, so I'm going to show you which car company is the worst one that you shouldn't deal with for buying car insurance, and the winner of this competition or should I say loser, Mapfre, you may have never heard of them but they insure lots of things for other people, Mapfre is a spanish company so why am I talking about it, well they bought a massachusetts only company called commerce insurance, this was in 2008 then the commerce joined mapfre huge worldwide insurance that has more than 50,000 agents, I'm not making this up, 50,000 insurance agents, now this particular company serves mainly the new england area in the US, but worldwide their in over 49 countries serving over 35 million people, and at least here in the US if you think bigger is better, 

not in this case, they have so many complaints against them, they have complaints that they kept billing customers even though they cancelled the insurance, of keep jacking up people's rates even though they haven't been in any accidents, and even not paying for work at a body shop when people had their cars wrecked, they just flat out refused to pay, as a mechanic I see this happening with many different insurance companies, I remember going to a customer once to a state farm, and all I heard the agent in his private office, I'd pick up the phone and say, oh I'm sorry your not covered 

for that, oh I'm sorry your not covered for that, you know they want to make in as much as they can and pay out as little as possible, and make you jump through hoops half the time to get something that you've already paid for, now another company that's known for being a poor insurance company used for cars is Metlife, yeah their like the largest life insurance sellers in the US, metlife had $2.5 trillion in policies written the last time I checked, well of course like everybody else in big business they get greedy, now of course they've expanded into car insurance and stuff, and from my customers experience and others that I've met, they often do a horrible job insuring cars, I had a 

customer who was quoted $250 a month which is high enough, and then when they got their bill it was actually $500 something, and they just said of we made a mistake when we gave you a quote so here's what you owe us now, I had another customer with metlife, they had no accidents for 5 years, they just had their insurance policy raised by 25%, so they called up and said what's up I didn't get in any accidents, and they said well that's the way it is and we're going to cancel your policy when it's over because we don't like your attitude, these insurance companies are huge they can basically do 

as they please, they take in all the premium money, of course it's to their advantage to pay out as little as possible, but in many places it's law that you have to have car insurance, now here in the state of texas it isn't law, if you can prove financial responsibility like if you have more than $200,000 in the bank or something, you can use that has proof of insurance if you want to, but of course the whole point of the insurance company is they try to scare you and saying that oh your safe your covered now, well they make a fortune because it's all done through math, they can't lose, whenever something bad happens then they just raise the rates in the future, like here in Houston last time we had a big hurricane, guess what all the insurance rates went up, and they put a disclaimers in every one that would say, oh the first $20,000 of hurricane damage you have to pay 

for that's the deductible only for hurricane damage, so you don't want to use a bad company, it's bad enough that your giving them a ton of your money, when something bad does happen, hey you want them to pay for the damage that was done and not raise your rates, but unfortunately that's how a lot of these companies work, I'll give you my own personal example, I had one car insurance and they made a mistake and instead of emailing me the bill for the year they emailed it to my wife, so I didn't see it, I've been with this company for 10 years, then they dropped me because they said, well you didn't pay, and I said well I didn't get a bill, I didn't get one in the mail, they said oh we only 

do it online now, I said well who did you email it to, and they mailed it to my wife's email, I said I'm the one paying it, it's my email you should have mailed it to me, so they dropped me, then I went all over the place trying to buy insurance and they said, oh well you had a lapse in coverage and now we want $4,500 a year instead of the $900 that I was paying, so I finally got liberty mutual they decided they were going to give me a policy, and it was more than I'd been paying before it was like $1,200 a year, and before I was paying less than $1,000, but I had no accidents the year I was with them, and then the next year they raised it 25% for no reason whatsoever, but then funny enough, like I said these huge corporations one side doesn't know what the other is doing, my original company that dropped me because they said I had a lapse in coverage and they wouldn't cover me, 

they kept sending me a little credit card thing that says, oh we'll give you a good deal, so I went back to them and got the price that I had in the original place from the company that said they didn't want to insure my anymore then they kept sending me things that say of we want to insure you, it crazy they way these companies operate, now I'm sure a lot of people out there have a problem with their insurance companies too, I'll give a mention to farmers their a pretty bad insurance company, I've had customers have problems getting claims paid from them and then having their rates jacked up if they get in a little fender bender, a lot of them they just don't care about you, but at least now 

you know two of them that you should stay away from and when your in the market for buying insurance asks your friends what experiences they have, just don't go out and buy it randomly, because you don't want to be stuck with one of these bad companies that when you do get in a pinch a something happens, they make you go through a lot of hoops to get something that you've already paid for, so if you never want to miss another one of my new car repair videos, remember to ring that bell

Know the Importance of Car Insurance, Benefits, and Types

Hello Hello, friends. It is undeniable that a car is one of the vehicles that is inseparable from our lives, from going to work to going out of town, everything is definitely more comfortable using a car, but are you aware that there are many possibilities that can actually happen to your favorite car, such as having an accident or being hit by a natural disaster Surely you don't want this risk to happen to you, right? Moreover, after an incident you usually have to pay a lot of money. Car insurance is a protection service provided by the insurer for the car that you have from various risks such as accidents , natural disasters, fire, damage so that riots, according to the provisions stated in the policy, this protection can be given to private cars. or a car that is used for business purposes, of course there will be many benefits. 

If you have car insurance for the first time, you will feel safe because you avoid potential future losses. for the losses listed in the insurance policy indirectly your savings will not be drained to repair or replace the car when things go wrong both car insurance makes it easier for you when a disaster occurs some car insurance also provides facilities such as replacement car repair shop shuttle and close assistance the last way is car insurance as a form of investment because it has been given vehicle protection and it will be better maintained and maintained so that the selling price will be higher after knowing the benefits.

Now is the time for you to choose the type of car insurance bill that suits your needs All risk or comprehensive car insurance. This type of insurance will encounter all kinds of damage, ranging from minor to severe damage to loss of vehicle, but there are also risks that are exceptions, for example an accident occurs while under the influence of alcohol or theft by your own family car insurance Telo or total loss only, this type of insurance will only cover damage that occurs above 75% or theft and robbery when compared to the benovit that will be obtained and of course the cost of allrisk insurance is much higher than the real of especially if you want additional extended protection if the price of your car is relatively high You should choose all risk car insurance compared to Telo so you don't choose the wrong one. You can compare and buy the best car insurance products atceratiti.com now

Insurance: Beneficial or Make a Loss?

Talking about money when discussing this insurance especially health insurance I really often hear stories from two different sides maybe you are the same as me on the first side we often hear sweet stories from relatives A friend or maybe an insurance agent For example, there are people who have a critical illness and need to pay for medical expenses which are very expensive in the end they are helped because all costs or most of the costs are covered by insurance but on the other hand it is not uncommon for us to hear stories of concern that come From insurance customers, there is a story of a father who took insurance from 2012 and paid tens of thousands of insurance premiums every year, right in 2017 he had lymphoma, but his insurance claim application was rejected by the invoice. 

There are also customers who buy insurance products as well as invest or unit link and promised big investment profits with the selling agent after a few years, the investment didn't increase, instead they experienced losses that could be said to be really big, and some even reported them to the police and for compensation, if you pay attention on some social media like Facebook, there are lots of groups that contains stories from customers who feel aggrieved by the insurer Wow, how can that be like that ? it's better if we just save it ourselves, in this video I want to discuss a few things about insurance. First, I want to talk about insurance schemes, especially health insurance. I'm also going to peel some important notes before you get health insurance for those of you who are thinking about taking case insurance hey, I hope this content is suitable for you, one thing that I Jenny is about this content, I promise I will not promote any insurance company in this video and purely provide neutral information for you. 

Okay, first I want to discuss about the health insurance scheme, the concept of the size of health insurance cash. it is coverage for a number of treatment costs if there is a health risk so if we are sick the cost of treatment will be paid for, so the insurance can pay all of it or there are also those who pay part of it to get these benefits, we need to pay insurance premiums, some are every month, some are every years and the amount can vary greatly, so via this insurance company, they usually have policies that are very diverse and different from each other, starting from the coverage of any protection. protection coverage Yes, so each insurance has a different guarantee, some only cover hospitalization, some cover gastro-road hospitalization, some cover critical illness, some only treat ships in Indonesia, but some cover medical treatment in the country and everything else, the coverage depends on that. 

The type of product we choose and how big is the premium commitment we want to pay, so it's very important for you to determine for yourself what exactly your needs are, so we don't just obey what the agent offers insurance, we have to be able to determine what our insurance needs are. Second, we will discuss the process of coins, for example, if we are sick, there is insurance that immediately pays for our treatment or care costs. This type is called health insurance. It's easy, we only need to bring a membership card. only from the insurance, the hospital will confirm it to pih I am insurance that the maintenance costs included in the insurance protection will be automatically paid by the insurer . 

The second claim process is returns, so if we are sick, we have to pay first or provide for our treatment. continue to discuss the types of insurance in general, we can divide health insurance. So the first two categories are conventional or Sharia. sharia, whose basis is mutual protection and mutual assistance among fellow customers who are potentially at risk, now we will continue the second base category, namely pure insurance or traditional insurance and unit link insurance for traditional insurance, so the premium we pay is made by him It's just the insurance and generally we pay the premium fee, Angus will, if there is no risk, the unitlink transparency is insurance plus investment, so some of the money we pay will be channeled to pay insurance premiums and the other part will be passed on to mutual fund investment instruments Now that's the general scheme of health insurance, now I want to discuss how do we do it so that we can really get optimal benefits from insurance, what are the tips so that we avoid unscrupulous insurance agents who offer insurance products that don't suit our needs The first tip is to choose an insurance company that has a good reputation, how do you find out? It's really easy. You just want to inquire about the insurance company on social media, readers' letters or online news. Hello, we're careful. problem complaints u protest from the customer, usually the name of the insurance company that is in trouble, namely that again, how come there are no good insurance companies and usually good insurance, yes, there are very few complaints. This insurance will stand by and help us and make sure we have insurance services. Even if it's not someone we know well, try this agent. 

This really has a good track record. What is your insurance like? For example, you want insurance that covers critical illness, you don't want it to cover hospitalization or you want it to cover outpatient care. In principle, we are the ones who know best and understand our needs the most, so we have to be integrated into insurance products like what do we want to take, don't let insurance products k we are even made one-sidedly by love insurance agents Why is that? Yes, because after all, insurance agents also have an interest in me getting commissions from the types of benefits they sell. It doesn't mean that all insurance agents are Christmas, so many insurance agents offer products that are right for you our needs. But basically, we should first understand what our needs really are. This last tip is related to insurance plus investment or unit link for unit link. You need to be extra careful with unit link offers from your insurance agent. Why is that because to be honest?

 There are Hi there, there are many unscrupulous insurance agents who don't provide complete information or detailed information on their prospective customers and in the end it causes a lot of misunderstandings. You should know that there are quite a number of unscrupulous insurance agents who package this unit link as an investment instrument that promises certain benefits, even though the costs are high. hidden in asuras There can be a lot of unitlinks, starting from administrative acquisition costs, the cost of purchasing investment units, operational costs, not to mention the cost of the insurance premium itself. 

That's what ultimately makes many customers wonder how come a unitlink investment can lose so much after so many years, even though it's it says investment but how come the money has actually decreased? You should also know that unit link is not the ideal place to invest. If you want to invest, just be an investment place that you can monitor and be flexible for you. Liquid is like a deposit in a mutual fund bank or stocks. Remember insurance and investment. they have different functions and goals, investment is for growing assets while insurance is for protecting us from potential risks in the future, both are good and both are useful. But it's better not to mix it up, okay? which is clearly not for investing If one day we can't afford it, I can pay the premix dues due to certain situations, some of the funds from this unit link can be used to allocate it for training costs. Funds from this unit link will also be used to keep things trending.

The insurance that we pay every year is fledge and keeps going up okay now the question is actually do we need insurance or not. Well, in my personal opinion , health insurance is mandatory to have at least BPJS Kesehatan, which is relatively cheap, the reason is simple, sooner or later as we get older our physical condition will it's getting lower and more vulnerable to getting sick, the cost of medical treatment, especially when it's critically ill, is really expensive. It could be that our savings have been waiting for years, just because of an illness or because of post-accident care . doesn't provide accurate information there are also several insurance companies whose customers are less credible and don't have good financial management, so we need to be more careful in making financial decisions, including reinsurance. I hope what I got here can be useful for you, see you in the next video the channel only talks about it because it doesn't stop talking about money Hi Ho