insured

The notion of insured is linked to the verb to assure: make something stay firm or insurance. The concept is often used with reference to the good that has the protection of a insurance policy.

It is called an insurance policy contract that obliges the insurer to pay a certain amount of money to the policyholder insurance when one of the contingencies provided for in said contract occurs. The policyholder, for his part, must pay a premium to the insurer to be protected.

Through this type of policy, a person can insure different kinds of property: a house, a car, a computer (computer), etc. As long as you pay the cousin agreed, the corresponding goods will be insured according to the conditions detailed in the contract.

Suppose a man decides to insure a car against everything risk. This means that if your insured vehicle, or if it is damaged by an act of vandalism, to name two possibilities, the insurance company will pay you an amount as compensation.

Of course, the process is much more complex, since you never go directly to the payment of compensation without first carrying out the expert's assessment. Sinister. This procedure consists of entrusting a specialized professional to assess the damage suffered by the insured property, in this case a car, although first of all to find out if it is a legitimate case or an attempted scam on the part of the client. .

Among the most important functions of the proficient are the following:

* determine whether the damages that the insured has declared may have been generated by the stated causes of the loss;

* assess the damages from an economic point of view and propose an amount as compensation;

* carry out quality control after the work of repair, to verify that the workers have proceeded in accordance with the appropriate safety standards and that the result is consistent with what the company has promised to the insured.

Once the expert determines that the claim is valid, he must calculate the amount necessary to compensate the client in accordance with the provisions of the contract, something that usually causes the latter to be dissatisfied. It is important to highlight that company Insurers have the obligation to carry out an objective and impartial study of each claim, although in practice there is the idea that they always try to scam their clients.

In the event of not being satisfied with the compensation proposed by the expert, the insured has the option of starting a process of litigation to demand a higher sum. Another of the measures that the client has at his disposal to achieve the result he seeks is to propose an expert on his own, to contrast his assessment with that provided by the company employee. Faced with such a situation, both parties must formally justify their conclusions, with the greatest possible degree of detail and technical data.

In summary, we could say that, for there to be a well insured, there must be two parties (the policyholder and the insurance firm) who sign a contract (the insurance policy), which establishes reciprocal obligations and rights. On the part of the policyholder, the main obligation is to pay the premium in a timely manner. The insurance company, for its part, must respond (paying what corresponds) when there is an incident provided for in the contract.

In some cases, the property being insured is mandatory for law. Cars, for example, cannot circulate on public roads if they are not insured against damages that the driver may cause to a third party.