Find Out How Social Media Can Ruin Your Insurance
Social media has taken over the world. Almost everyone owns at least one social media account since it has become a massive part of people’s lives nowadays. However, when people are so preoccupied with what is going on with their accounts, they don’t realize that this could lead to “not-so-great-effects” on their insurance.
Years ago, insurance companies know very little about their clients, but they sure have taken the new and more advanced approach to be able to keep up. They have found a way to look for different ways to revise their structures when it comes to dealing with their claimants.
It is important for insurance companies to have enough information from their claimants, so getting into their social media profiles may be one of the most ideal ways to do so.
Insurance Companies Take On Social Media
Not a lot of people are aware that some insurance companies take a peek inside their social media profiles and so there may be times that your posts could actually affect your insurance. One of the most common insurance everyone’s got is with their cars since it is prone to accidents.
So insurance companies take a look at how often you take selfies in the car. If you upload pictures of yourself driving very often, they might find it and could result in having your policy non-renewed since it is a sign that you are a distracted driver.
Another post that you may want to look into is whenever you post screen shots of text conversation, especially when it is about being on your way to somewhere, which could then indicate that you may be texting while driving . Your insurer may deny your claim if ever you get into an accident around the time they see your post depending on when it was posted.
For your insurance at home, geotagging may be one thing you need to watch out for. There are a lot of people who are aware that there is a setting on the camera of your mobile phone, wherein geotagging could be switched on without you noticing it.
This could then put your home at risk if ever you are out of town. That is because when someone breaks in, your insurance could deny you and accuse you with negligence especially if they see your pictures on social media with geotags on them.
How Involved Are They With Social Media
The majority of insurance companies have social media pages because they want to reach out to people often and so that they could easily be contacted. It is also a way for them to advertise. However, this does not necessarily mean that as a claimant, you must get rid of your social media profiles. There is nothing for you to fear, if you have got nothing to hide.
Which is why it is the best idea to be frank as well as to be honest with your agent, since one of the most common reasons why insurers cancel or non-renew their claimants’ policies is when they figure out that they are being dishonest and are a fraud.
Social media is not exactly one of the standard underwriting process yet, but it is best to always be prepared when it comes to protecting your own social media pages against insurers.
It is known for years now that insurance companies want you to trust them with your money, but they also have the ability to twist things around, so they can make you not qualify for the kind of insurance you need. Social media is also such a dangerous place, which is why sharing too much of your personal life on it could lead to incidents that could bite you back.
More in Insurance
Despite Performing Well, You’re Still Not Promoted. Here’s Why That Happens
It’s frustrating to stay in a job that doesn’t seem to have any plans of growth for you. This is especially...October 24, 2019
Going to Your Dream School May Hone Your Skills for Your Career, But Here’s How Early Applications Become Problematic
When the college admissions scandal erupted early this year, it gave out a bad reputation for the application process of most...October 23, 2019
“I Want to Save, But It’s Hard”: Here Are a Few Super Effective Ways You Can Fool Yourself Into Saving
Saving is the key to a brighter, financially secure future — this is something we all know about. And yet, there...October 22, 2019
Think You Need a New One? Here Are Things You Could Buy Second-Hand That Will Surely Save You Money
New isn’t always better and your savings would approve of that. We all need a lot of things, but that doesn’t...October 21, 2019
Will Your Family Inherit Your Debts Once You Die? Here’s the Scary Truth You Need to Know
With the left and right loans and debts from different lenders, it seems it’s impossible that you will be able to...October 18, 2019
Guess How Much Nicki Minaj, Who Retracted Her Retirement Statement, Earned Last Year
When Nicki Minaj announced that she was retiring in September, everyone was confused and her fans went wild. Is this for...October 17, 2019
This is How American Singer and Lion King Star Donald Glover Impressively Earned THIS MUCH Last Year!
It’s hard not to love David Glover in all his glory. The man is undoubtedly talented – from acting, singing, rapping,...October 16, 2019
This Model’s Brainchild is Now an Eight-Figure Company – That’s Because of These Jaw-Dropping Secrets
You always hear about successful entrepreneurs saying putting up your own business from scratch is hard. This is in no way...October 15, 2019
Thinking about a Career Change? These Are the Unexpected Things That Might Happen During the Process
The hard truth is this: if you really don’t want your work, it won’t adjust for you to like it. There...October 14, 2019