Popular scams in vehicle insurance, pay attention and don’t be fooled!
Posted On June 5, 2019
Whether through television or newspapers, daily news about people who suffered scams in the acquisition of different goods and services, from land purchases to loan applications, and the insurance sector is no stranger to that.
When looking for insurance for your car, it is important to look for a serious and reliable company that already has an established client portfolio. While the market is growing and there are more options, this also causes false offers of alleged insurers that really only seek to deceive customers.
Some points that you should keep in mind to recognize and avoid these scams are the following:
Suspect the use of unusual channels
If it is an insurer that does not have a website or traditional service channels, which is promoted through flyers or an information post, and does not seem very serious, it is better to open your eyes and be attentive to see if It has the necessary documents and the corresponding support.
Eyes wide open to unauthorized intermediaries
Many people claim to be insurance brokers and be willing to help you get the best deal possible, and they even offer you new policies from foreign companies that just arrived in the country, among other novelties, and in the end they end up taking advantage of your money, leaving you without the protection offeredand the insurance sector is no stranger to that.
Insurers unable to comply with the coverage offered
Insurers that offer coverage amounts that they cannot cover later also appear. This, of course, causes problems for customers, who are in trouble when using coverage because the insurer has no way to pay.
The way to verify that an insurer has the necessary support is through the Superintendence of Banking and Insurance (SBS). In addition, you can compare the reliable and available alternatives through the Good vehicle insurance comparator.