Today we dive into the world of property and casualty coverage in the first of a two-part series. In this episode, I explain the importance of coordinating different types of coverage, such as home, renters, and auto insurance. While it may be tempting to opt for the cheapest or lowest premium, I advise that value goes beyond just the price tag. Having experts review and ensure that policies interact harmoniously becomes invaluable. The presence of a broker who understands your needs and can navigate the claims process almost always proves to be a crucial asset when the unexpected occurs.
Listen in as I describe the two types of physicians’ perspectives on insurance: those transitioning from training to attending-hood and mid-career physicians. For the former, robust coverage and higher premiums are essential for protection. In contrast, mid-career physicians are encouraged to view insurance brokers as valuable partners who pay for themselves by helping secure appropriately-priced coverage. While shopping around is encouraged, consulting an independent broker to explore various options, along with one or two captive agents, can lead to securing the best possible deal.
What You’ll Learn In Today’s Episode:
- The two camps physicians fall into when it comes to insurance.
- The importance of frequently reviewing your insurance coverage.
- Why it is essential to ensure you have good coverage as a physician.
- The value in having a good broker that you can trust.
- The benefit of shopping around.
Ideas Worth Sharing:
Resources In Today’s Episode:
Share The Love:
If you like the Anesthesia & Pain Management Success podcast …
Never miss an episode by subscribing via Apple Podcasts, Spotify, Stitcher, Amazon, Google Podcasts, or by RSS!