Will the president's proposed health plan get rid of Health Insurance companies?
I hope so. I am sure you and your husband will have a better chance at getting a new job than the hundreds of thousands of blue collar workers that worked in US factories. Insurance companies are middle men that raises the cost of health care for every american. Profits are put before people and that's morally wrong. I think that for profit insurance companies should be eliminated. The insurance company should not " be between you and your doctor " which is now the current system. For all of the money the US spends on health care we should be well above our 37th in the world ranking. If you want insurance companies to work take the profit motive away and make them non profits.
Can I change auto insurance companies just after a claim so I don't need to pay the increased premiums?
This is an excellent question. However an accurate answer will depend on the state in which you reside and the insurance company with which you currently carry insurance.The question details are important to the answer(s):Can I change auto insurance companies just after a claim so I don't need to pay the increased premiums?Someone crashed into my car while it was parked. As there was no note left or anyway of finding out who did it, the insurance company made me pay an excess plus they doubled my premiums. I don’t think that is fair. That’s why I want to change companies. Can I do this without any complications?First… make sure that your insurance company understands the nature of the incident. Do not assume they have the accident logged correctly.In some cases insurance claims are coded incorrectly with significant consequences to the insured.Ask your insurance representative how the event is referenced in the company claim file. Specifically… ask if it is coded as a At Fault Accident (Accident At Fault). If you find that the accident is incorrectly tagged as “at fault”, that designation will need to be addressed and corrected.Even though the claim described is covered under Collision, your vehicle was parked and unattended. Because of that, the incident should be listed as a NOT At Fault Accident.Secondly… in New York… you may be able to escape accident surcharges if you switch within a couple of months of incident date. But… that does not mean one should avoid disclosing the accident. Accidents and driving history should always be disclosed accurately.Always try to work out and inaccuracy with your current insurance company first. If there is a problem with how an accident has been reported, your current company represent the best means to correct the problem.Thanks for the A2A.
How do car insurance companies check your background?
When you ask for an insurance quote and when you buy insurance, you give the agent or company your driver license # and SS# (usually). If you do not give them these numbers, they will not insure you. When you sign a quote request or an application, you are formally giving your permission. Then, they access the state’s driving history website or a vendor’s website that provides your history. Generally, that source also lists the vehicles currently or recently connected to your home address. It will also list other people connected to you, your vehicle or your home address. Previous claim history connected to your vehicle, your driver license #, your address, and previous addresses shows up on a CLUE Report. An individual’s driving history, if there have been tickets or accidents or claims may show up in public records, too.The insurance industry is very strictly regulated, more than most people realize. Insurance is regulated by each state first and the federal government in some areas. However, there is generally 90–95% uniformity between policies and rules with different insurance companies and different states’ rules. And, insurance companies are not required to insure any particular person for car insurance, home insurance, etc. So, if they can not access your information they do not have to offer you a quote or a policy.
Need to rent a car, Under Parents Car Insurance Policy?
I need to rent a car for a trip and I'm fully covered under my parents car insurance policy right now. I dont have my own car insurance cause I have no vehicle registered under my name yet. Would I just need the proof of insurance to rent a car even if its under my parents name? Or would my parents need to add some sort of rental car policy under my name on the insurance? Any help would be much appreciated.
Big hoo ha over teenaged car insurance?
Usually, it would not be viable for insurance companies to check every single policy when you apply for insurance as a major insurer could have over a million customers. What they usually do is investigate when you claim. The process usually starts with the person who takes down the details of the claim. They are trained to spot suspicious claims. They will look for things like someone having to think about an answer that they should know straight away, whether you sound nervous, if you make a habit of claiming for the same sort of thing, and most importantly, they will try to catch you out by coming back to a question and asking it again worded differently to see if you give the same answer. If there's a lie there, they usually spot it. If the advisor suspects anything, they will not tell the customer, so as not to alert them, but they will pass it on to the fraud investigation team. These people are experts. Usually former police officers. They will phone you and ask you the same questions again, but they have lie detection equipment fitted to the phone line which detects changes in the pitch of your voice etc. They will also visit you at your home. Quite a few people have been caught out that way as the officers can see for themselves what is going on. They will compile a file of evidence if they think there are lies, then they will just write to the customer and the other insurer involved and tell them that the insurance is void and they will not be settling the claim. They do not usually say why just in case the person is not lying and they have got it wrong. The other person's insurer will then take you to court to recover their money, and your own insurer will be asked to appear as a witness. They will produce the evidence they have that you are lying, and if the courts are happy with the evidence, you get lumbered with the bill for the claim and all legal costs, and charged with no insurance. The insurer is then free to put your details on the anti-fraud database so that all other insurers know what you have done, and you will struggle to get insured again.
How do repo companies find your car?
“And not your job”s address”? You’re kidding, right? You think there are rules as to what’s a fair way to find you? They will use your job address, your parents’ address, places near where you live that you might shop at, every friend of yours on Facebook near where you live, and if you move to an island they’ll hire pirates to seize the boat carrying your car. They’ll get your car. You have to be lucky every day, everywhere you go. They only have to be lucky once.If your credit was really weak when you took out the loan you may have driven off the lot with a tracker already installed in the vehicle.It’s unlikely that a bank would order a repossession after only a month’s missed payment although a late payment certainly isn’t going to help your credit score. You will start getting calls from your lender, “reminding” you that you’ve missed a payment and maybe asking if you need to re-negotiate the payment terms. They really would prefer not to repossess your car; they seldom break even in the end. That doesn’t mean they’re going to let you keep the car without paying for it, no matter how pathetic a story you tell them.Note: disregard the last paragraph if you bought a used car from a “buy here, pay here” kind of dealer. They make more money by repossessing and reselling your car than if you pay it off. Don’t fool around with this kind of loan.
How much car insurance coverage do I really need?
I just bought a 2008 Toyota Tacoma. I am switching my insurance from state-minimum to something higher, but how much should I increase? Currently I have bodily Injury ($15,000/30,000) the insurance company is telling me I should be at ($100,000/300,000) That seems like a lot to me, would I be ok with something like ($20,000/40,000)? Whats the recommended coverage? Any information would be helpful!