We are all beginners at some point in our lives. If you’re new to the world of insurance, we understand that the amount of information available might be overwhelming. Should you require a bit of guidance, we’ve got you covered!
Here at Tremendo Insurance, we aim to not only strive towards serving the community through our insurance services in Miami, Florida. Beyond that, we also aim to make critical tips and tidbits available for everyone’s benefit.
Hoping to increase your knowledge on insurance, allow us to cater to the most frequently asked insurance questions. These are the following:
- Why do insurers need so much information when I apply for an insurance policy?
When applying for insurance coverage, you are expected to answer a series of questions. These are often used by the insurance company to evaluate how likely you are to make a claim.
- What factors might influence the cost of my car insurance?
The type of car you drive, the purpose of the car- your driving record, and years of driving history are all factors that might impact the cost of your automobile insurance.
- What is the distinction between term life and permanent life insurance?
Term insurance rates often cost less but do not accumulate a cash value that may be used in the future. Permanent insurance plans, on the other hand, stay in effect for the duration of the premium payment. They all have a cash value that grows over time and allows the policyholder to borrow against it.