Why Do English Speakers in Israel Overpay for Insurance – and How Can You Fix It?
If you’re an English speaker in Israel, you might be paying far more for insurance than necessary. At Segal Insurance & Finance, we see it every day—many are overpaying by 30%-40% or more for the same policies
Limited Access to Information
Most insurance details are in Hebrew, making comparison difficult. As a result, many:
- Overpay for unnecessary coverage
- Hold onto outdated policies
- Don’t know what they’re covered for—or what’s missing
There’s even a government tool, Har Bituach, designed to track policies—but most English speakers don’t know it exists. And even if they do, like many Israelis, they don’t fully understand the significance of the data or what to do with it.
Comparing Prices to Abroad
Many assume insurance costs in Israel are similar to the U.S. or U.K., where rates are often much higher. This leads them to accept overpriced policies without realizing they could pay far less.
Relying on the Insurance Agent – Not Knowing What You Don’t Know
Many clients come to us with policies that seem fine—but for someone else. Only after reviewing with us do they discover gaps, such as:
- A crucial part of their plan they thought was included—but isn’t
- Home insurance without a private plumber clause
- Personal accident insurance—but no health insurance
How Can You Save Money & Improve Coverage?
- Get a Clear Overview – We provide a free, simple report of your policies & where you can save.
- Find Better, Cheaper Options – Our system compares policies, showing where you can:
- Pay less for the same coverage
- Upgrade coverage at no extra cost
- Cancel unnecessary policies
- All in English, via WhatsApp – 100% Free
