For guaranteeing the most complete paying up of compensations at occurrence of insurance event, for a particular insurance it is necessary to be selected a stable insurance company and qualitative insurance product. Below is presented a brief analysis of the procedure of taking out a qualitative insurance, liquidation, as well as the position of the insurance broker.
1. Choice of insurance company
2. Qualities of the offered insurance contract
3. Covered risks on the insurance contract
4. Insurance amount
For complete payment of the insurance compensation it is necessary at concluding the insurance contract to be fulfilled the requirements of the Commercial Law regarding the values of the insured property. The most frequently made mistake is the presence of subinsurance or overinsurance.
Also it should not be underrated the fact that the different insurance companies have different methods of determination of the actual value of the insured property.
