THE PROBLEM: You have questions about insurance, all types of insurance. As an individual, do you need critical illness insurance, long-term care or mortgage life insurance? What is the difference between homeowners insurance that covers all risks and a named perils policy? Is pet insurance worth the money? What about dental insurance? What’s umbrella coverage? And then there’s the Affordable Care Act…how does that affect your health plan?
As a business, do you need employment practices liability? Do closely-held corporations need directors and officers liability insurance? What about environmental coverage? Is terrorism covered in your business owners policy?
There are so many types of insurance available today, both personal and business, it’s hard to know which you really need and which may not be that necessary.
And almost all information available about insurance products is created and provided by insurance companies, agencies and affiliated groups. There are very few sources of insurance information that are not affiliated with the insurance industry. There are over 2.2 million insurance agents in the U.S., thousands of insurance companies and dozens of trade groups. Many of them provide information to the public. But is it unbiased?
Until now, there have been very few places to get unbiased, impartial answers to questions like these. It’s not that the information provided by insurance companies, agents and their associations is factually incorrect or even misleading. Most providers of insurance products try to make people as well informed as possible. But most people would just feel better getting insurance information from a source other than someone trying to sell them the product.
THE SOLUTION: The Insurance 411 provides unbiased, impartial information about all types of insurance for individuals and businesses. Whether you need property and liability insurance to protect your home, car and family, or property, liability and employee benefits programs for your business, we’ve got the information you need to make a more educated buying decision.
THE OTHER PROBLEM: No matter what kind of insurance policy it is and no matter how much the insurance companies try to write it in easy-to-understand English, your policies are often several pages of legalese and jargon. Even a relatively simple policy like a personal auto policy can get complicated—they’re written by attorneys, after all!
THE SOLUTION: The problem with a lot of the insurance information out there is that it’s written by experts, for other experts. Insurance companies write stuff that agents, brokers and risk management professionals will understand, but not necessarily consumers. And while your agent might be great at explaining coverages to you when you meet in person, sometimes you want an unbiased source—or you want information RIGHT NOW.
The writers at The Insurance 411s specialize in explaining complex insurance and risk management terms and concepts in everyday language. We help you understand what the coverage does and how it can help you so you can decide if you’re interested in buying. At that point, you can turn to an agent or broker for buying assistance, and you’ll go into the process an informed consumer.
OUR MISSION: Our mission at The Insurance 411 is to be the leading source of unbiased, impartial information about all types of insurance, and to provide it in a reader-friendly and accessible format. We invite your comments, critiques, and suggestions for topics you’d like to see us cover. We look forward to being of service to you.