Affordable Insurance Plans, insurance coverage, health insurance quotes

I have passed my test to obtain my license for fire and casualty, I want to become an actual insurance broker, any advice? Thank you.

My advice – go work for another broker, build up your book, learn how the business works.

The next step after getting your license, is getting companies to give you contracts. With no experience and no book to roll over, it’s almost impossible to do this. You’ll need to build a book and get a few years insurance experience under your belt.

If family of two have health insurance, and one of them decide to use it for couple medical procedures will insurance policy premium go up?

Please advice.

Thanks.

No. The premiums will not go up for that. Usually health insurance is up for renewal once a year and the cost increases at that time, but not just because you use your policy. The cost of group health insurance where I work has had double digit increases in the premiums every year for 10 years now. The health insurance companies are out of control.

If you have insurance and need health care – go get the care you need. Check out this site, if you want to find the cheapest health insurance just in one minute,

http://cheap-health-insurance-usa.blogspot.com/

Here you can get free quotes from different health insurance companies in your area, its the best way to find an afforable health insurance with a reliable company.

Best Wishes,

I got a quote for my family and me for life insurance (20 years/400K each). I would like to negotiate a better rate with the broker (assuming same coverage).Can it be done, or are the rates fixed, is there room to negotiate. we did the blood work and were offered standard rates.

Your rate can not be negotiated when the underwriting is done. If you don’t like your rate, you can refuse to accept the policy within 30 days and there will be a refund of premiums.

What you can negotiate is going through different companies. Shop around. Make sure you check the financial strength ratings from AM Best!

Try this site

http://free-best-life-insures-comparator-usa.blogspot.com/

Here you can get quotes from different life insurance companies in your area, its the best way to find an affordable life insurance with a reliable company.

Just need a realistic quote of insurance for a corner shop about 30 square metres in a student area of sheffield without fishing through loads of websites!
Anything will do – I just dont know wether it’d be around £50 a year or £5000!
Thankyou!
Just an estimate – its only for a uni project!
Corner shop about 50 sqare metres selling basic convenience store goods.
I just dont know how much insurance is for properties – is it closer to £50 or £5000?

Well, it’s not going to be a "realistic" quote unless there are a LOT more details, like, what are you selling, what kind of alarm system is there, how long has the business been established, what kind of experience the owners have, who owns the building, How much coverage are you looking for, do you need loss of income coverage, are there any employees, what are the annual sales, etc.

There are MORE questions, depending on some of the answers of the prior questions.

That’s why you can’t get a quote over the internet for business insurance. There are just WAY too many variables.

I would like any information regarding submitting receipts for repairs that need to be done to my home. I have a large deductable and the repair expenses go beyond the claim payment. Can I hire a handy man or do the work myself? What documentation do I need to provide my insurance company as proof that the work is completed.

You can – but the insurance company can cancel you if the guy doing the repairs is required to be licensed, and isn’t (example, a plumber). Also, depending on the type of claim, you might need to get a permit to do the repairs – which could ALSO require a license.

Anyway, to prove the repairs were done, you’ll need photos and the receipts for the supplies. Also, if you do work yourself, log the hours you put into it.

Keep in mind, if you do a rotten job the first time, the insurance company won’t pay a second time – and won’t cover any mistakes you make with the repairs.

If your insurance company pays you a small amount for a large loss and you then sue the party who caused the loss, what complications can there be for you? Are there conflicts of interest sometimes which prevent an insurance company from pursuing subrogation? If they do pursue subrogation, do they share in paying the legal fees.? If they are also insuring those who caused the loss, will they pay out under those people’s insurance?

I’m not sure we have the whole story here, but here goes. This is assuming that both you and the other party are insured by the same company.

I don’t understand why you have collected from your insurance company for the loss under your policy, and then plan on suing the other party. Generally you either collect from your policy and let the insurer go after the other party, or go after the other party and leave your insurer out of it. We aren’t talking an uninsured motorist here, so what type of claim could you be making? You can’t collect twice for the same damage. Either way, unless your exhausted the other party’s policy limits, you will have to reimburse them.

There is little chance that the insurance company will bother with subrogation against itself. And subrogation rarely requires legal fees, especially when the parties are insured and liability is clear.

Finally, as to the conflict of interests, if there is an issue regarding this, the claims department will appoint different adjusters, usually having them report to different supervisors, to handle the claim. In some states this is a requirement, both even without the law, most companies consider this protection against getting sued for bad faith claims handling.

If a person who died many years ago was said to be listed as beneficiary on a life insurance policy of a relative, and the insured relative died last year, about how long does the average insurance company hold the certificate during its investigation? Weeks or months? Does it make any difference that both people lived in different states?

Please state some factors involved. Thanks.

Are you expecting the death certificate back for some reason? Not likely they will return it at all. The certificate submitted to them becomes part of the proof and part of the claim file. You can obtain multiple official copies of a Death Certificate, so there would be no need to send it back to you and there is a definite need to keep it in the claim file to show a proper investigation was conducted and the conclusions supported.

Most insurance companies have file retention dates for claim files that are set when the claim is closed (paid or not paid) and most likely will last for the statutory period allowed to challenge a claim or start a law suit. My company retains claim files for a minimum of 5 years before it destroys the file, longer in many cases. (although I work for a Property and Casualty Company not a life insurance company).

Living in different states wouldn’t have much effect on things in the US, living in a different country might. What determines the length of the investigation is whether there is some question as to coverage under the policy and what information is required to resolve the question. It may also be that beneficiaries have to be tracked down and their identities verified. If they are easy to find, then less time is taken. These processes also depend on cooperation from the people and authorities involved. Most states have requirements that after a coverage determination is made either a declination letter or the payment must be issued within a certain time. Try this site to find the best life insurance

http://best-life-insurance-usa.blogspot.com/

Here you can get quotes from different life insurance companies in your area, its the best way to find an affordable life insurance with a reliable company.

I know that the less I use my car, the less the car company will cost me. But how can they know how often I use my car?
If I buy car insurance claiming that I always use public transportation to work, will they believe it?

They will believe you until you get into a serious accident (not just a fender bender) That’s when they check everything. And if they think you’ve been fibbing, they may not pay for anything.

i want to get some insurance quotes for a car i am planning to buy, is it safe to do, or will i get hit by something like a credit rating?

Actually, no you don’t get hit with a credit rating or something when you are just getting a insurance quote, in fact, some companies prefer such things coz that means that you have money to spend.

ratings matter only when you are trying for a loan, coz that means you don’t have money. and banks dont’ lend to people who don’t have money

Here is my situation. I wrecked my car a couple of days ago, and the man who came to tow it told me that he believes it is a total loss. I am freaking out because I looked at Kelly BB and saw two different prices for cars. The trade-in value was 5000, while the retail value was 8000. If I only get 5000, I will owe 2000 more on the car to pay it off. So I was wondering how insurance companies figure the value.

total loss evaluations are done by guidelines set up by the state department of insurance. they can use several sources, nada, kelly, autosource ect. that will set the basic value range for the vehicle, then a condition report is done on your specific vehicle. if you have prior damage to your vehicle or excessive wear and tear , those damages are deducted from the book value to determine the actual cash value of your vehicle.