Have been a bit preoccupied last days.
While living in South of France we have to accept a certain risk of being robbed. So Friday morning at 5.30 we were.
Two fellows broke into house while we were sleeping, took two cars, laptops, cameras, etc. Annoying.
Police was reasonable efficient (they should have some experience) and thanks to some gadget built into one of the cars they found that and some chap with key in hand. Car banged up of course.
Worst part though - insurance companies. Or rather their agents.
An agent is exclusive, more dependent on the supplier than on the buyer.
A broker uses any supplier and is thus more dependent on the buyer.
We used an agent. Fine print and obscure company-specific definitions of the nature of locks (not if they actually work or not) did not match perfectly with reality. Not a penny to be paid, agent happy as insurer is happy. Me is pissed.
Checking around, I find I'm not alone. Thus there is a business idea lurking around here:
1. Security expert pops by and suggests bettering of security, installs if necessary, makes report. Report goes to insurer.
2. Broker organises an expert that checks out house (car etc.) to see if "fine print" and reality is a match. Signs and letter distributed to insurer for acknowledge. Repeat once a year to change and augment.
3. A "messenger of the court" (huissier in French) visits, makes complete inventory including images. Signs and letter distributed to insurer to be acknowledged. Repeat once a year to change and augment.
4. Broker chooses insurer only if agreeing to above process.
That's what I want. Not bad back-office help for insurer either.
Any French (speaking) insurance interested entrepreneur out there?
If so, contact me and we could discuss a new startup. I've got about € 30 million in annual premiums up for grabs (40.000 € guaranteed immediately) as a starter. Alpes Maritimes have 4.5 million inhabitants and almost 20% foreigners who's not used to standard-local-procedure of shafting consumers so the market is there.
Best revenge is success. Putting those blasted local insurance agents out of business is a good second.