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5 things to look at when renewing your car insurance

Buying car insurance can be a daunting task. Should you choose a third-party policy or full coverage? How high should the deductible be? Why are policies so much cheaper for different people. The more you understand about insurance, the easier it is to get a policy that’s right for you.

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5 ways insurance companies can improve customer engagement

If you aren’t focusing on customer engagement, you’re missing out. Younger generations grew up with social media, so they are used to interacting with brands at the touch of a button.

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Why Lockdown should lead to lower premiums

Like much of Europe, to prevent the spread of Covid-19, the UK has been locked down for six weeks. With people now only leaving the house for the weekly shop, car usage has dropped by 75%, with mid-April having traffic levels comparable to 1955. Should this mean lower premiums for drivers?

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Solidarity in insurance — P2P in action

As the world starts to get slowly back to work, many workers are beginning to see the value of income protection. Last week Aleš Tomazin, Head of Business Development, presented our second webinar, which focused on the rise of peer-to-peer (or P2P) insurance.

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What’s left for insurance companies in the age of the P2P Economy

With our second webinar around the corner, we decided to look back to our first webinar where Ales Tomazin discussed the role of insurance in the age of a peer-to-peer economy. Here’s what we learned.

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Why customer engagement is key in insurance

Traditionally insurance companies managed without focusing on customer engagement. Things are changing, with social media marketing, influencers, and personalization as well as the rising buying power of Millenials and Generation Z.

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#Lifeinsurance is one of the most common insurance policies, ensuring you're covered in the event of sudden death while #incomeprotection, pays out monthly in the event that you’re struck down and unable to work.

Still unsure which one is better? 👇👇👇
https://vouchforme.co/do-i-need-life-insurance-or-income-protection/

Between three and four weeks before the end of your policy term, your insurer should notify you that your policy will soon renew. ⏰
🔄Your #renewal is a good time to review your #policy to verify discounts or make changes to coverage.
#insurance #vocabulary

Fleet insurance is one of the most expensive #insurance types a company can buy.💰
VouchForMe has partnered with the advanced analytics platform @CrossynAuto to reduce fleet insurance costs.

Read our use case to find out how👇
https://vouchforme.co/how-social-proof-and-telematics-can-work-together-use-case-taxi-fleet/
#fleet #fleetinsurance #blog

Did you know?

The idea of a ‘moral hazard’ originated in insurance because insurance companies were worried that people would behave in riskier ways if they had an insurance policy.😱

#insurance #insurancevocabulary #moralhazard #carinsurance #risk

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