In certain places where hurricanes, earthquakes and fires have struck, the residents were caught napping in the sense that not many really felt that they needed to pay premiums to get help in times of disasters. They just assumed that the
Government would help them out.When their home insurance were destroyed and lives wrecked, they turned to the Government for help, but were shocked when they realized that it came with a string attached. And that was the loan they had to repay, when they had been expecting money to rebuild their homes. True, they were given lowered interest rates, but they still had to slog to rebuild their homes, what with mortgages pending and now loan repayments that added to their misery
Those who were wiser and had Home Insurance policies had an easier time as a lot of cash came their way, which helped them rebuild their homes faster with less tension. This only goes to prove that people have to act wisely and prepare a support system to help them through disasters and severe problems, diseases, accidents and other unforeseen contingencies. Leaving things too late serve no practical purpose. Everyone should learn a lesson from what happened and make sure they don’t land into a similar mess.
Archive for the ‘Insurance’ Category
Eastwood Insurance is an American Insurance broker company found in the year 1989. This is a subsidiary of Fullerton Company which is based on Canada. The main concentration of Eastwood Insurance is Automobile insurance and is known for their quality of sales and follow-ups of claims processing. The company provides a template of auto insurance which helps the buyer to get a custom-tailored freeway insurance which suits them best. Company is also known for its cheapest car insurance rates. “Should’a Could’a Eastwood’a” is a phrase which made Eastwood popular in the market.
Eastwood Insurance has several agents to promote and establish their insurance products in the market. The company has chosen many business partner companies to expand its business in other countries. The partner companies are selected based on the policies, philosophies, principles and past history of the company. Eastwood Insurance deals with several other insurance products such as Motorcycle, commercial, home insurance etc., and thereby provides one stop solution provider for its customers. The insurance company was fined during the year 1997 for its unlicensed transactions and had some legal problems due to problems with telephonic sales agents the year 2005. The company has been taken over by Titan Insurance Company in the recent years.