Archive for January, 2010

Can anyone advise on insurance claims?

Friday, January 15th, 2010

We have today had a burst water pipe at our shop. We are insured for our stock and our landlady is insured for the damage to the property etc. Alot of our stock has been damaged and ruined. We have notified our insurance (this is obviously a commercial policy). We have never had to make a claim before so I was wondering what is a good guide to how long they take to pay out? We cant reopen cos we need to replace what has been damaged so therefore we are losing more money?

It could take a couple of weeks before the settle the claim and a week to pay it. If it starts to take too long, consider hiring a "public claims adjuster" or "public adjuster" to assist in negotiating for you.

How does an insurance company decide on the payout for the deceased beneficiaries?

Friday, January 15th, 2010

If the deceased person had supplemental life insurance through their job that was 5 times their annual salary. How does the insurance company decide how much the beneficiaries should receive if they even receive anything.

The insurance company doesn’t "decide". They go with however much insurance was purchased. They pay out exactly who was named as beneficiary, exactly the percentage or dollar amount that the deceased told them to pay out.

It’s all decided by the insured, on a group life policy.

How would a car insurance company discover an underage drinking ticket?

Friday, January 15th, 2010

I wasn’t driving, therefore it wont be on my driving record only my criminal. I was wondering if a car insurance company checks criminal records while you have insurance with them? The case was resolved through "stay of adjudication" which means if i keep my nose clean for a year it will be dismissed.

Thank you for your help.

There are lots of places where you can get an online quote. http://www.autoadvicetips.com/Auto-Insurance-Quote.html It only takes about 5 minutes to do.

What good is it to tell insurance companies they can’t exclude people with preexisting conditions?

Friday, January 15th, 2010

The insurance companies can then just charge as much as they want to people that have expensive preexisting medical conditions. For example you have diabetes, you go to get insurance, the company says sure we would love to insure you for 1000/month. Who can afford that? The government would have to also tell the insurance companies how much they are allowed to charge for it to help any.

It’s that much without diabetes. With diabetes the number will be astranomical.

It may actually be better to get a low wage paying job and make the government provide assistance, than to work a skilled job and have it taken away.

What good is it to tell insurance companies they can’t exclude people with preexisting conditions?

Tuesday, January 12th, 2010

The insurance companies can then just charge as much as they want to people that have expensive preexisting medical conditions. For example you have diabetes, you go to get insurance, the company says sure we would love to insure you for 1000/month. Who can afford that? The government would have to also tell the insurance companies how much they are allowed to charge for it to help any.

It’s that much without diabetes. With diabetes the number will be astranomical.

It may actually be better to get a low wage paying job and make the government provide assistance, than to work a skilled job and have it taken away.

Someone has applied for an insurance quote in my Husbands name? It is not for our car?

Saturday, January 9th, 2010

We are getting the calls from the insurance agents to check with us. Could this be the beginning of identity theft? Our credit files are all frozen so no new accounts can be opened? Any ideas?

Yes, it could be ID theft. It could also be someone with a similar name that the agents got confused with your husband. I would file a police report of suspected fraud just to create a paper trail.

Note: Freezing your credit DOES NOT prevent opening new accounts. It prevents ACCESSING your credit report. There is nothing to prevent a creditor from opening an account without looking at your file. They just won’t be able to report the account on your credit report.

I am not going to use an insurance quote?

Wednesday, January 6th, 2010

I have been working with 2 business insurance companies and I have been comparing quotes between the two of them. They have both put in a lot of work. I want to tell company #1 tactfully that I do not need her services. How do I do this?

Thanks, but we’ve decided to go with another company.

What is the girls name that is shopping for insurance in the progressive insurance commercial?

Saturday, January 2nd, 2010

What is the girls real world name, that is shopping for insurance in the progressive insurance commercial?

john

What life insurance company will give you coverage with a felony?

Saturday, January 2nd, 2010

I have tried to get life insurance with no sucess due to my felony. The felony was from 7years ago and it was for posession of a firearm. Please help
I have already tired an independent agent and they couldn’t help. Thats why I need to know the company who does.

If you have a felony and planning to get a life insurance, you might want to try the site below and find out how much it cost you!

Life Insurance Adviser
http://www.goodinsurancepolicy.com

How much is the average monthly cost of car insurance for a 17 year old?

Saturday, January 2nd, 2010

I’m 17, almost 18 and I’ve been looking into buying a car for myself. A used one of course. Anyways, I’m wondering how much it would generally cost a month for car insurance. Also, what are some of the best car insurance companies that are helpful and cheap? Thanks in advance guys!

possibly between 120 and 450.
See this
http://cars.guidearticles.com/InsuranceComparison.html?id=990p4 it’s one form to get a number of quotes from different insurers. It’s free and a big time saver, these are all the main American insurers competing to get your business so you are bound to find something that suits you, if it works out remember my points please :)