Many of us consider that purchasing a policy and submission of documents is enough. But it is not at all right. Read this informative article to find out what needs to be done to ensure your policy to get the maximum advantage from the insurance policy.
1. As per the third party administrator, it is a must to issue an identification card to insured within 15 days of issuance of the policy. Hence, if you don’t receive this card, it is your responsibility to get it from TPA.
2. The very first thing you need to do is receive your policy kit to ensure the date on the envelope. Make sure to make a note of the receipt date of the policy document. This step will help you in later on. Truck insurance Houston is a must as there are chances for any incident.
3. It is always the best idea to make a physical folder which includes copies of all important documents such as insurance policies, PAN card, driving license etc. You should also keep the copy of these documents and save it to your mail id.
4. Once you received the policy, it is observed that people don’t open the envelope to check what is inside. As soon as you receive the kit, it is your responsibility to open it and review the documents. You need to check the following:
• Claim process
• Personal details and a copy of proposal form submitted by you
• If the legal language proves too hard for you, refer to the customer information sheet which tells the features of policy in simple and easy language.
• Pre-existing exclusions by the company.
5. It is essential to set a reminder for the premium and also set aside enough funds because the premium will compose a big chunk of your overall expenses for the month.
Buying a motor insurance is a task in itself. However, one needs to do certain tasks after purchasing the policy. Especially in case of auto insurance Houston, it is necessary to keep these points in mind.
