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October 15, 2010

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Insurance Expert Witness Bill

Excellent post. Another thought that you may wish to consider is that, even with identical coverage, insurance companies do NOT always provide identical service … and therefore one might be preferred over the other even if the coverage was identical and the premiums were the same. Chubb Insurance Company for example has a reputation for fairly and quickly paying covered claims. AIG, as another example, may not enjoy the same reputation for speedy claim payments. My point is that even though coverage may be identical and the price exactly the same, a customer still may have to look beyond those two items. (I have no connection with Chubb or AIG and am using them as examples only.)

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