Imagine being hit by a car, and the driver was totally at fault. You were immediately taken to the ICU, but you survived your injuries. In such a chaotic time, the years of insurance you’d been paying diligently should give you peace of mind. But what if your insurance wouldn’t pay your medical bills? This frustrating situation happened to Dan Karr, who decided it should never happen to any other innocent citizen. He was inspired to write his book Injured Money and found ValChoice, a company dedicated to bringing transparency to the veiled world of insurance. Karr visits Bold TV to share how his platform is becoming a trusted resource for insurance customers.
Big auto insurance companies dominate commercials. They have comical storylines, characters, jingles and more. Customers often flock to big insurance companies because of their popularity. However, ValChoice shows that if an insurance company is regularly on television, they generally aren’t willing to pay claims. There are a lot of more obscure companies that don’t have the money for big marketing budgets. The larger companies can afford the ad campaigns and can tailor their customer service to certain markets or locations. Reliable handling of claims may differ according to that year’s specific business goals, leaving out customers that don’t fit the profile.
ValChoice uses publicly available data and presents it to customers with no spin. The raw numbers on prices and claim fulfillments reveal the true business models. Are customers a number or a human? Do companies look at the price tag before they look at the damages? Some people pay more for companies that may not come through in case of an emergency. People should feel safe with a friend watching their back. Karr’s experience inspired him to inform the public and ensure that they know what they’re getting out of insurance. He’s got your back now!