General insurance How do we avoid scam insurance companies?

[Bookwormlux]

The importance of insurance can never be over emphasised and this is why a lot of people are trying their best to make sure that they get one or two insurance at the course of their lifetime so as to be able to grow financially and avoid spending so much whenever they get to incuree some losses that will be so much for them to be here.
Despite all these advantages of insurance companies and how we ought to utilise them, I believe there will still be scammers claiming to be some insurance companies and this is going to make it very difficult for us to identify which ones are legit and trustworthy.
From your experience so far, how best will Individuals be able to detect what insurance companies are scams or not??

 

[Setho]

This is actually something that a lot of people have always been talking about. There are a lot of scam insurance companies out there that are looking for people to prey. In order to avoid being scammed it is important that you should only pay money to insurance companies that are duly registered with the government in your country.

 

[btaliat]

Before one should venture into any instance policy or company, there is need for intensive research either personally or by hiring some private insurance agents who one can trust to some extent of genuine information. This will help in long way in falling for some scam posing to be insurance companies.

 

[Augusta]

Scammers are everywhere this is why everyone needs to be careful when it comes to investing in anything and in anywhere possible. It is good to find out the reputation of the insurance company and find out if it is a registered one. Do your findings first before contacting any

 

[Mika]

If you are buying an insurance policy from brokers or online, it is very likely that you will be scammed because you cannot find out whether they (online insurance company or the broker) are areal or not. Therefore, choose a company that has a real business location and you can visit the office during the business hours.

 

[Wisdom01]

To avoid scam insurance company ,it's adviceable to make proper research about the insurance policy and company before you plan or try to give it a try ,make sure you get a legit agent , that would actually put you through on the insurance policy you are purchasing and others I think

 

[Chibson]

one of the importance of using insurance agents is because they have proper knowledge and understanding of how insurance companies operate. In a situation whereby the finder any scam insurance company they will definitely find out and therefore saving your money and resources. It is also very important to make research before going into any insurance company.