Forum Home
PC World Chat
Thread ID: 68878	2006-05-14 01:14:00	Insurance...........	beetle (243)	PC World Chat

Post ID	Timestamp	Content	User
454743	2006-05-15 03:15:00	Just like everything else in life, there are Brokers and there are brokers. Some as KiwiMR2 says are very good, while others really only want the big customers. I deal with a broker and it doesn't save any money. However that includes business insurance etc and I have to say that claims are easily sorted. You should try quotes from the above suggested companies.	Winston001 (3612)
454744	2006-05-15 03:17:00	Oh and yeah.....I have heard some nasty stories about State & used to avoid them but with a broker I have found I don't have to deal with them and they seem to have no issues sorting things on your behalf & tend to get exactly what is required a hell of a lot quicker than the average joe :) KiwiMR2 Brokers that are putting a lot of premiums to an insurance co have far more clout and that's why they can get things settled faster than the average joe. I also use a broker now, and find them very useful. :thumbs:	Sb0h (3744)
454745	2006-05-15 03:49:00	AMI for House, Contents & Car combined, great deal and good to work with. A friend had many problems with State ref. a kitchen fire insurance payout, the last darn thing you need. Life Insurance is with Tower ~ Not claiming on that for many years I hope :D	Sue (33)
454746	2006-05-15 08:36:00	I find it interesting when I hear "X insurer won't pay and Y Insurer is the best" when sometimes they are the same company! IAG = NZI and State . Same claims teams for each division . VERO = Vero, SIS, AA, Axiom, Mariner, AMP (often different claims teams) Lumley = Westpac and Lumley All of the above companies are very good to deal with and will consider claims professionally . As one quite closely involved in claims I can say with confidence that nowdays insurers look at what they can pay rather than what they won't . They are obliged by the contract they have with you (called your policy) to meet your legitimate claim to its fullest extent . It's a contract you signed or verbally agreed to enter into so if it doesn't respond how you wanted it to, look at what you agreed to . I cannot emphasise enough to Read Your Policy (they aren't in 1800's legalese anymore) and understand just what sort of events you are insured for . Then look at how much (if any) they will limit anything should you claim (such as losses arising from gradual deterioration - and what type of gradual loss is covered / basis of settlement and per item or cumulative limits for clothing, sporting goods, jewellery etc) and what obligations YOU have when you have a loss . Perhaps the greatest misunderstanding today is due largely to common misconceptions as to what really is 'replacement value' . Most the mainstream standard policies today are replacement, that is New for Old, however there are cheaper, limited covers available . Personally I have chosen a policy that is fairly limited but it saves my premiums and will save me for financial ruin if the worst happens . I effectively self-insure myself for those minor losses . I've been at the side of the road with homeowners at 3am in the morning while the fire department hoses down the earth where their home once stood, and wondered where they would be at if they didn't have insurance cover . I really cannot say anything too bad about certain insurers though Beet, but ya know my PM addy ;)	Jester (13)
454747	2006-05-15 20:19:00	I work for a Financial Services company. We are Insurance Brokers, Mortgage Brokers and Funds Managers. We also have a broad range of available expertise in matters financial. Your broker, whoever you choose, should look for you for the best company to deal with. When you buy insurance you are buying a contract to pay you money at some future time (when the circumstances you are insuring occur). The important thing is to buy your insurance from a company which has a good claims record. That doesn't mean "get the cheapest deal you can" although you will find a relatively narrow price range between the cheapest to the dearest. If you are interested in pursuing this further you can PM me and I will direct you to our company website where you can find out more about us. Cheers, Rob	theother1 (3573)
454748	2006-05-15 20:50:00	Ditto. As others have already said, avoid Tower and State. While they are cheap cheap... it's definitely not worth the hassle by saving just a bit each year. If you need to claim from them, do not expect anything within a few days. It will be weeks at least if not months. I have even heard years from them before! They are ridiculous. To get the money you really deserve would require serious effort down the legal pathway. Was with AMP and NZI for a while. Both were ok... but somewhat a ripoff (when compared with AMI) for the two vehicles we have. On a positive note, AMI has got to be one of the best companies around. I was in Rotovegas one time and broke my glasses there. Went into the Visque optom or whatever its called, got it fixed. Came up to Auckland. Got some flash new glasses with thinner lens :D.... then to AMI, they paid for the lot (incl. temporary repairs on old glasses) Claim was paid out on the same business day. I was definitely impressed.	techie (7177)
454749	2006-05-16 06:42:00	Like others have said happy with AMI. Didn't get good customer service with AA insurance. Very slack IMHO.	wmoore (6009)
454750	2006-05-16 08:47:00	We use AMI for everything except husbands work vehicle cause AMI won't. So he has State for that. We had State a long time ago and broke 3 cars in a row and they kicked us out. Then he got them again for the work vehicle. He damaged a couple of other vehicles - Satae paid out. Then he wrote off the Ute. They dithered a bit as it was under the influence of prescribed medication but then paid out and put a clause in the current one that he can't do it again. But they paid out. To our amazement.	pctek (84)
1 2