True story of a conversation our team recently had:
“Mr. Buyer Client, it's closing day. If your [Big Faceless Insurance Company] can’t get that binder letter to your lawyer in the next 2 hours, we’re getting you in touch with a local insurance broker who will.”
And we did, and the client closed, and they all lived happily ever after.
Except for Big Faceless Insurance Company.
The End.
Listen. If you’re insured by one of these huge insurance corporations, please don’t wait until a day or two before closing to make sure you’re new house is covered.
In fact, even if you call well ahead of time, please watch for these red flags.
- You have to wait on hold for hours before speaking with someone
- You talk to a new person every time you call.
- You need to answer the same questions for each new person you speak with.
- The person who promised to get you the information never sends it.
Now consider what might be going through your mind if you were sitting on hold with Big Faceless Insurance Company while sewage is backing up into your basement.
A move is a great time to shop out your insurance coverage. In fact, there’s a chance that if you’re moving from a large city to a rural home, your BFICo might not offer the coverage you need.
Ask our team about our favourite local insurance brokers. In addition to answering their phones and working with great account managers, they know the coverage you need. They work hard to make sure you’ve got the right coverage at the right price.
Have questions? Contact a member of our team today!