Insurance Info

In the past, getting an auto insurance quote could take days or even weeks. You would have to make a bunch of phone calls, talk to agents, go back and forth about what they offers versus what you can afford, and finally settle on something that does not really suit you. If you get a car insurance instant online quote, not only can you save an awful amount of time, but you can also save more money than you could ever imagine. There are numerous advantages to getting a car insurance instant online quote, least of all is knowing exactly what you are getting. If you absolutely need to stick to a particular budget, you can do that by getting a quote online. When you get your quote, specify the type of coverage you currently have so that you can compare it to your current price. If the price is […]

Without any shadow of doubt, insurance is an important mechanism that succors the individuals, states and the nation at large. You ought to or might have been maintaining one or more policies because of the peace of mind, confidence and security against financial losses that insurance proffered. Then, let me ask this question. Have you ever taken the pain of knowing the nitty-gritty of the premium you paid to the Underwriters annually, whether is reasonable or otherwise? The purpose of this article is to bring you to the limelight and be acquitted with the composition of the premium you paid. Risk premium: Anyway, insurance is all about risk and in order to rate a risk appropriately the underwriter must know the degree of exposure of that property to a particular risk. So that portion of the premium that is allocated to the risk element of the cover is refers to […]

Whether you received a DUI driving a car or motorcycle, operating a boat or jet ski, or some other vehicle, the requirements to reinstate your license are going to include proof of liability insurance. Even if a DUI was received while riding your bicycle, or as a passenger in a car, which really does happen, the consequences are still the same. Insurance requirements to reinstate license are a minimum of $100,000 per person, $300,000 per accident for Bodily Injury Liability and $50,000 for Property Damage Liability (100/300/50). Unless this type of coverage was in effect, on a valid policy at the time of DUI, a Florida FR44 filing to the Bureau of Financial Responsibility will need to be included in a new policy for insurance. A new policy does not necessarily mean a new car insurance policy. No matter what you were driving or doing to receive a DUI, you […]

Health insurance providers and pre existing conditions are a volatile combination. Pre existing conditions are health issues that were known of prior to seeking a health insurance policy, such as diabetes, cancer, pregnancy, depression, obesity and more. Having such a condition means that you may be refused coverage. Disclosure of these conditions enables providers to limit the risks they take on. However, if you have an issue in your medical history, you have no choice but to disclose it, as companies do their research too and non-disclosure could result in cancellation of a policy. However, there are ways to get coverage despite having a pre existing condition. Insurance providers often take on individuals with known medical conditions but put a waiting period in place before they start paying for medical expenses associated with the disease or situation. This allows the person who would otherwise by refused coverage to get coverage. […]

Health insurance policies differ from country to country. Many affordable health insurance companies in the U.S. are very competitive, and this competition is beneficial for consumers. For selecting an affordable health insurance plan, you can rely on online quotes that are easy and fast. Privacy is the major issue for many consumers who prefer affordable health insurance quotes online. Most online insurance quote websites in the U.S. provide links to others, thereby hampering your privacy. Ensure that the personal information requested online by a health insurance company is used only to determine the customer?s benefits and options. Most health insurance plans available in the U.S. are designed for individuals and families currently residing in America. Green card, H1, H4, F1 and F2 visa holders are also eligible for U.S. health insurance plans at affordable rates. The maximum limit of a U.S. health insurance policy is $8 million. The coverage options […]

INTRODUCTION The word “Fear” has only four alphabets like love but both of them have very different e meaning. Whatever man (malor female) does for the love of their families always starts with the background of fear. Generally so many times we have been asking our selves that, what will happen if we were not there, but we keep on asking rather then doing something for it. Time is precious, it never stops for any one and we are living in the world of uncertainty; the uncertainty of job, the uncertainty of money, the uncertainty of property and like this the story goes continuous for the whole life of a man. A thriving insurance sector is of vital importance to every modern economy. Firstly because it encourages the habit of saving, secondly because it provides a safety net to rural and urban enterprises and productive individuals. And perhaps most importantly […]

Life insurance fraud is a black eye on both life insurance companies and life insurance customers. Both parties have been guilty of life insurance fraud and will be again–especially since, sadly, fraud seems to be on the rise according to most statistical measures. Research by the non-profit The Coalition Against Insurance Fraud concludes that life insurance fraud committed by all parties costs an average household $1650 per year and increases life insurance premiums by 25%. Life insurers are most often guilty of insurance fraud in the form of their agents doing “churning”. This is where the agent seeks to cancel your existing life insurance policy and replace it with a new policy that is paid for by the “juice”, or cash value, in your existing policy. Agents do this to earn more commissions for themselves without having to seek new prospects for business. Churning can result in increased premiums for […]

Insuring your business is very essential, especially when your business involves lots and lots of risk factors. These policies not only cover you from such hindrances but also gifts you a peaceful life. Whatever be the size of your business, policy coverage is highly essential. There are several professionals in the market, who can help you choose the best policy for your company. If your business is a small one, go for an agent. But if it is a big one consider hiring an insurance broker. Comparing Sites Does Not Prove Beneficial Every Time: There are many people who depend on the internet for selecting the cheapest business insurance policy. But this does not prove beneficial all the time. Comparing various sites for getting the most affordable policies may not always give you the best results. Hence, it is always better to take help of the broker who is highly […]

Construction involves large number of manpower and huge investments of money. The workers at a construction site risk their lives working at great heights, with dangerous tools, toxic materials, heavy equipment, under tunnels, etc. Hence, construction is associated with high amount of risk for money and lives. A slight negligence or bad fortune on part of the worker or owner may prove too costly. It may lead to a huge financial loss. These unfortunate events require tools, which can bail the company out of the situation. Here arises the need of ‘Construction Insurance’, the risk management tool, customised specifically for the construction industry. Construction insurance is like any other insurance, which is used to protect the various parties associated with construction process. A comprehensive construction insurance policy covers all the expenses that may occur due to property damage or personal injuries at the construction site. This insurance not only includes […]

Your dwelling is often your most precious asset that you need to protect. We created a list of all savings opportunities associated with Home insurance. This list is the most complete perspective on home insurance savings tips. Numerous insurance brokers contributed to this list. So, let’s start! 1. Change your content coverage: Renting a Condo? You can often lower your content coverage. No need to insure your belongings to up to $250,000 if you only have a laptop and some IKEA furniture! 2. Renovations: Renovating your house can result in lower home insurance premiums, as home insurance premiums for older, poorly maintained dwellings are usually higher. Additionally, renovating only parts of your dwelling (e.g. the roof) can lead to insurance savings. 3. Pool: Adding a swimming pool to your house will likely lead to an increase in your insurance rates since your liability ( e.g. the risk of someone drowning) […]