Best Long-Term Care Insurance Companies – Long-term care insurance pays for services for persons with chronic diseases or disabilities who require assistance caring for themselves. These expenses may include hospice care, respite care, stays in assisted living facilities, nursing care, physical therapy, and assistance with personal care, such as showering and clothing. The best long-term … Read more
Do Insurance Companies Share Information? The answer is that, yes, insurers do share information. But how do insurance companies share their information? Is it directly? Every insurer subscribes to a service and buys reports that discuss an individual’s insurance claims for pricing purposes. When you file a claim, it is registered in the claim system … Read more
It is illegal to not have auto insurance coverage over your vehicles, just as it is illegal to not have one as a driver. Insurance companies have every right to go after and sue every uninsured driver. Through subrogation, insurance companies can pursue compensation from uninsured drivers. However, insurance companies can only pursue uninsured drivers … Read more
Insurance companies are known based on their business type to assume and alternate risks. The insurance vital model involves the removal of risk from payers and passing it over to a larger portfolio. But with all these how do insurance companies make money? There are different ways insurance companies make money. Through the generation of … Read more
How Far Back Do Insurance Companies Look – Each time we apply for insurance, the insurer takes a look back at our records before the insurance is issued. It is quite a bother to know how far back these insurers look. How far back these companies look varies. Some companies look back as much as … Read more
Replacement cost coverage, also known as insurance for damaged property, provides financial support for the replacement of a damaged