21 Jul Risk Identification: Auto and Recreational Vehicles

Keeping your belongings and loved ones secure is the highest priority—to protect you from the uncertainties that affect you financially. Insurance is the first step towards that protection, but it’s a huge step that lays solid groundwork.

It is of the utmost importance to identify and know the exposures that you are under—especially when it comes to auto and recreational vehicle exposures. Whether it’s who is driving your vehicles or how they are being driven, the smallest things can make the biggest difference if you find yourself needing to submit a claim. This is where our Intelligence Quotient for Risk Management (IQRM) comes in.

Why Identifying Risk is Important

Owning autos and recreational vehicles involves a range of risks, many of which are simple to ignore. Take the following situations:

• An uninsured household member listed on your auto policy is involved in an accident.
• A household helper drives your car on the job and damages another vehicle.
• Your teenager uses your vehicle for food delivery, but your policy excludes commercial use.
• You lease a motor home for a vacation and aren’t aware of your exposure if something goes wrong.
• A friend borrows your boat for the weekend—does he carry adequate coverage?

These examples represent possible gaps in coverage that can lead to costly consequences, if not caught and prevented early on.

What Does Your IQRM Score Say?

The IQRM assessment uncovers the most important factors that can affect your auto and recreational vehicle risk. You will receive a score, along with feedback on how you are doing today concerning your handle on risks. Insurance is vital, but it is not your only safeguard. If you understand your risks early on, you can take proactive steps, like adjusting coverage, setting guidelines, or informing household members. Our IQRM tool helps you uncover hidden exposures, implement preventive strategies, and ensure you’re properly protected. Don’t wait for a claim to reveal gaps you didn’t know existed.

Take our Intelligent Quotient for Risk Management assessment – a quick non-invasive tool that takes less than 5 minutes to complete. You’ll receive a free evaluation score that uncovers your auto and recreational vehicle risks.

TAKE ASSESSMENT NOW

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