Insurers Use Loopholes to Rescind Policies Hundreds of millions of dollars in claims are denied each year. Those death benefits mean the loss of livelihood for the denied. This means that, not only do the surviving family members have to mourn the loss of a loved one, they must also try to cope with financial loss.For all too many, not receiving the death benefit - known as rescission - costs them their home, their car, and even their...more
What is insurance for? This has the easiest possible answer. All insurance policies are private contracts between you and the insurance company. In return for paying out the premium, the insurer pays you if you suffer an accident and incur a loss in one of the circumstances identified in the policy. But if you scratch the surface a little, there's a more complicated answer lurking just underneath. When you insure your vehicle, you are one...more
What your credit rating has to do with insurance rates? Many insurance providers use the customer's credit report as an important variable when calculating future premiums. So you should definitely keep that in mind when looking for a new insurance policy, because there will be a lot of people looking into your credit report and analyzing all those credit lines and due bills. The reason for this is that it was statistically proven that there's a direct correlation between a person's credit rating and the probability of the person to file an insurance claim. Auto insurance providers can predict the behavior of any given customer to a certain degree just by seeing their credit report. And it's better when it's good enough. Sure, it doesn't mean that other important factors won't be taken into account. Your car insurance provider will consider the car make and model, your sex and age, driving record, your location and other important variables that will influence your premiums. So if you don't have a credit record yet, don't worry about getting bad premiums since there are other ways to determine how much you will pay for car insurance. In fact, for some car owners this would...more
Cheap Teen Car Insurance Cheap Car InsuranceIn the past, well-known car insurance companies created an imaginary bracket called the "high-risk group," and they included teen drivers resulting to high cost to their car insurance premiums. And their main basis for that was based on statistical evidences. But recently, people have realized that...more
The Most Important Factors That Affect Student Car Insurance Quotes It is common knowledge by now that most of the reputable insurance companies have many different factors that they take into consideration when they are deciding what rate they will give a certain individual.One important factor it is, of course, the age of the policyholder....more
Should You Fire Your Insurance Agent? 5 Warning Signs to Watch Out For When it comes to insurance agents, I'm sure you've heard it all before. They are sneaky, untrustworthy and are just plotting to get your hard-earned money. Contrary to what you may have heard, this does not apply to every agent licensed to sell insurance products.In fact, there are some insurance agents out there who are honest, hard-working, trustworthy, and will over-exceed your expectations. Today, however, we will focus on those who give our industry a bad name and the 5 warning signs you need to watch out for.#1. "Talking and Jargon Mania"If there is anything that says "run-the-other-way" during a phone call or insurance appointment, it is an agent that talks 100 miles an hour. To make matters worse, next comes the aerial assault of insurance jargon. If you need to purchase a dictionary the size of Kansas just to understand a conversation with your agent, it's time to seek other options.#2. " Revealing ALL of the positives and NONE of the negatives."If your advisor never tells you the disadvantages or possible downsides to the policy you enroll in, he is not doing his job. Being up front about...more
How to Find Cheap Taxi Fleet Insurance Any insurance usually comes with a very high initial premium, for a new investor in taxi business buying insurance might look a very daunting task. There are many companies which offer various policies...more
Insurance Protects Maryland Residents From Life's Mishaps Insurance MD helps protect the citizens of Maryland from a variety of life's mishaps and challenges. Under the guidance of The Maryland Insurance Administration, the state's...more
Pet Insurance FAQ: Your Dog's Most Common Ailments Just like humans, our pets are susceptible to illness and disease. Specific breeds are more prone to certain ailments, but there are some health problems that are common among all dogs....more
Car Insurance - Fair & Yeager Insurance Natick MA For those in the Metrowest area of Massachusetts here are some Frequently Asked Questions about Car Insurance from a local Natick, MA Insurance CompanyQ. How do I cancel my Insurance/Delete...more
The Truth About Expanding Lap-Band Insurance Coverage Lap-Band insurance coverage is a controversial subject. On the one hand, many Americans believe that being overweight or obese is a personal "choice," and that if an obese person chooses...more
Choosing The Right Denver Insurance When looking for Denver insurance, there are a lot of options. Selecting the right agent is a large part of the process, but many agents sell the same insurance and often times who you select is actually...more