The Car Insurance Company
Do you have heard about insurance before? I’m sure all of us have heard about this insurance stuff because the insurance agent has been promoting the product aggressively to all people who they know. This is sometimes gives bad image to the product itself because actually many agents do not tell the truth about insurance. All they told only the good and benefit of the insurance only but they ignored to tell the potential customer about the risk which lie beneath the product. Literally I have confused the term of car insurance at the first time. How can the company guarantee the car from all risks? Do they want to go to the bankruptcy any way? But after my friend told me now I know how it works.
Actually the auto insurance company is not dumb because the company has good calculation of risk that they afford to pay. They let the car owner to pay first the insurance fee for a year membership. This will lead the company to use the money right away before the company spends money if the car owner claims damage of their car. With this term the company can make profit first using the member’s money. After know the truth now I’m not doubt anymore about this insurance. But before you apply one you should compare many offers and pick the cheap car insurance with best quality from reputable company.
October 03 2008 02:22 pm | Business
