FIVE REASONS AN INSURANCE COMPANY MAY REFUSE TO PAY YOUR MOTOR INSURANCE CLAIMS
Many commercial drivers believe that Insurance Companies are “thieves” or “fraudsters” who use paper work to “collect” their monies and refuse to pay them when they are in need. Is this really the case? Do the drivers have good reasons for having this perception about insurance? This article will explore some of the commonest reasons insurance companies refuse to pay insurance claims when their clients have accidents. I have been an insurance agent since 2018 and my experiences tell me that, the National Insurance Commission and the Insurance Companies need to do more to educate especially commercial drivers on insurance. I do not intend to write in an academic style so that this will be readable and understandable to many people. Therefore, I will try to keep it very short and simple. I will list the reasons, explain them and attempt to offer a solution where necessary. Fake Insurance – Many people are driving around with fake insuranc...