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Month: November 2020

Are Car Insurance Companies Required to be fair?

Posted on November 22, 2020

In the US, Car or auto insurance companies are required to abide by the insurance laws in the states where they sell policies. These laws protect the purchasers of policies. The states…

How do I make break-in and theft claims on home insurance?

Posted on November 21, 2020

You need to take pictures and call the police. The get a copy of the police report. Then file your as soon as possible.

Where can I raise a complaint if an insurance company rejects a claim due to incorrect papers provided by a hospital

Posted on November 21, 2020

There should be a claims dispute resolution office. Ultimately you need to go back to the hospital to get the proper paperwork.

How did you choose your auto insurance provider?

Posted on November 21, 2020

Lowest price and decent insurance company. Also depend on the type of cars your drive and if you own or lease.

Will the insurance company be paying all the rioting and looting damage?

Posted on November 21, 2020

If the policy is in full force and special form, damage should be covered. Insurance companies could play games and say the building was vacant although, I don’t see that happening, it…

Some people purchase insurance as a form of risk management. Why do you think some people purchase an insurance and others don’t?

Posted on November 21, 2020

People that don’t purchase insurance fall into 2 categories: They can’t afford it so they assume the risk They have enough reserve money that they can pay for the loss. Requirements and…

Which type of insurance is probably the most neglected?

Posted on November 21, 2020

Life Insurance

Which is the best claim paying life insurance company?

Posted on November 21, 2020

MetLife Guardian William Penn Travelers

How much is the fine for not having insurance?

Posted on November 21, 2020

You can only get penalized not having the following types of insurance: Automobile – Each state has it’s own penalties Workers Comp and statutory disability: Only if you have payroll or have…

What are an insurance contract’s essential elements?

Posted on November 21, 2020

A risk, transfer of risk, insurable interest, agreement, terms, rate and premium.

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