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Archived Articles about Insurance
Auto And Home Insurance California By: You can never be denied auto insurance based on yo
You can never be denied auto insurance based on your gender, race, or ethnicity. In most circumstances, a company cannot refuse to sell you insurance based on where you live as long as you meet the company’s acceptance criteria. If you are denied auto insurance coverage, the agent or company must state a reason. Common reasons include:
• You do not meet any of the company’s acceptance criteria*.
• The insurer is a “membership company†that only covers certain categories of drivers.
• The Department of Banking and Insurance has permitted the insurer to stop writing new policies.
You have the right to cancel or change insurance:
You can shop for cheaper auto insurance at any time – not just when your policy is up for renewal. If you find a better price, you can cancel your old policy and seek a refund of your unused premium. However, never cancel your old policy until a new one is in effect. A lapse in coverage will result in higher rates in the future.
You have the right to change your coverages and policy limits at any time, even if you are not near your renewal date. If you select lower policy limits or cancel nonmandatory coverages to save money, you have a right to a refund of your unused premium within 60 days.
You have the right to choices:
Agents, brokers and companies must inform you of your coverage options when applying for a new policy, or at any time upon your request if you are already insured. You have the right to know how each choice may affect what you pay and what your benefits would be in the event of an accident. You always have the right to ask about additional options.
You have the right to a timely response:
You have the right to a timely response when seeking an appointment or application from an agent, broker or company. Appointments should be scheduled so that you can obtain coverage before your current policy expires. Please note that under current insurance regulations a voluntary insurance company has five (5) business days from the date it receives a completed application to either issue or deny coverage to the applicant. However, an application is not considered complete until the company has obtained all pertinent information, including a copy of the applicant’s driving record from the Motor Vehicle Commission and verification of any previous coverage. Therefore, the overall application process can take up to two weeks. Make sure you give yourself enough time to shop for coverage.
You have the right to the prompt and fair handling of claims:
You have the right to ask about any payments made to others by your company and charged to your policy. If you file a claim, it should be handled promptly and fairly. If a claim is denied, you must receive a written explanation for the denial.
Your obligations as a New Jersey driver:
New Jersey state law requires that any registered vehicle be covered by an insurance policy. Failure to maintain coverage can lead to higher prices for new policies, placement in the “assigned risk†pool, suspension or revocation of your driver’s license or registration and additional fines and penalties. Maintaining your auto insurance coverage requires that you:
• Always make payments for your policy on time or a lapse in coverage may result. A driver who incurs a lapse will end up paying far more for coverage.
• Always provide any information your company seeks. Auto Insurance companies have the right to seek information about all licensed drivers in the household.
• If you receive a non-renewal notice, do not wait to shop for alternate coverage. Policies can be prepared in advance to become effective on a date several days or weeks after the application.
A driver who mails a renewal payment before the due date cannot lose coverage. However, insurers can charge the driver a late fee if the payment is postmarked On time, but arrives after the payment due date.(read entire article)(posted on: 2009-08-28)
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Car Insurance For Unlicensed Drivers By: Danny Aaron
Most people think that without a drivers license they will not be able to obtain car insurance. We explore this myth.(read entire article)(posted on: 2009-08-27)
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Blue Cross Blue Shield Nc Health Insurance Plans By: Groshan Fabiola
Health insurance is a complex subject. Too simplistic a statement? Just try to cull through all the information available. The jargon can be confusing, and the consequences of making the wrong decisions are staggering(read entire article)(posted on: 2009-08-27)
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How To Choose Best Travel Insurance Plan Online By: Naina
Whether you go for business purpose, vacation purpose, you must have travel insurance policy that can solve your any problem during travel without any hassle. Since travel insurance plan covers your health risks, luggage risks and some other risks and thus, you can enjoy better even when you are out of town(read entire article)(posted on: 2009-08-27)
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Practical Ways To Evaluate Short Term Health Insurance By: J.J. Yong
The needs for healthcare plan are increasing especially during financial hard times because the cost of obtaining medical services is getting higher. As a result, people tend to obtain short term health coverage to fulfill their needs temporarily. Is evaluating short term plan hard? Not really! You will be able to make the right decision that benefits you most if you are taking the right steps.(read entire article)(posted on: 2009-08-27)
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Evaluate Your Current Life Insurance Policy By: Barclay Win
Evaluate Your Current Life Insurance Policy, Term Life Insurance Policy Or Whole Life Insurance Policies For Better Life Insurance Coverage From A Good Life Insurance Company. Get The Information About Life Insurance Providers, Life Insurance Market, Life Insurance Trends, Life Insurance Industry, State Insurance Guarantee Associations And More.(read entire article)(posted on: 2009-08-27)
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Redundancy Insurance Cover - Financial Succour In Times Of Unemployment! By: Kirthy Shetty
Have you bought a home? Then, you must have taken mortgage loan and used your house as an equity against these mortgages. Timely payments of your mortgages have been a problem for you due to your financial instability.(read entire article)(posted on: 2009-08-27)
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4 Ways To Get The Best Deal For Health Insurance By: J.J. Yong
During the economy crisis, health insurance has become a costly necessity. It has become more and more challenging for individuals to seek the best deal on health coverage with the main objectives of obtaining sufficient protection and to save as much as possible. Below are 4 practical ways for your kind reference.(read entire article)(posted on: 2009-08-26)
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Why Are You Rejected By Short Term Health Coverage? By: J.J. Yong
Due to high medical cost in the current economy situation, short term health insurance is specially designed to cover our medical needs within a certain time frame. This short term plan is very popular because the cost is low and it is suitable for people who are currently unemployed. However, not everyone is able to obtain this temporary health coverage. Due to their "unsatisfied" health condition, they are rejected by the insurance companies who do not want to bear any business risk.(read entire article)(posted on: 2009-08-26)
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How To Keep Your Ft Myers And Tampa Health Insurance Bills Low By: Elliot Bigman
Particularly during struggling economic times, it's important that we cut costs in every way we can. These efforts include making sure you're getting the most out of your Tampa and Ft Myers health plans and keep those insurance costs to a minimum. The following are eight sure-fire ways to lower your medical expenses in an economic climate where health care costs are constantly rising.(read entire article)(posted on: 2009-08-25)
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