An insurance company can make money in two different ways; through underwriting, investing, or a combination of both. Financial investments, such as government bonds, corporate bonds, publicly traded stocks, and commercial real estate, make up the bulk of an insurer’s…
The standard grace period for vehicle insurance is ten days from the due period of payment. However, there are two options. If you cannot pay on time, Geico gives you a nine-day grace period. When adding a new car to…
Full coverage is not an option when purchasing auto insurance. However, your bank or lender may state that it is required. They’re usually referring to physical damage coverages for your vehicle, including collision and comprehensive. Most states and some lenders…
Does home insurance premium increase after claim? Making a home insurance claim can sometimes lead to a premium increase, but not always. Depending on the insurance company and the state you live in, your premium may go up or down…
Driver’s license insurance (also known as comprehensive insurance) does not cover a specific car. However, it does allow you to drive practically any vehicle. Officially, driver’s license insurance is referred to as “comprehensive insurance.” It applies to cars that meet…
If you’re like most people, you don’t think about your car’s axle until something goes wrong with it. And when something does go wrong – like a broken axle – you may not know whether or not your insurance policy…
As a result, insurance providers do not cover laser hair removal as a medical necessity. If you need more than one session, you may expect to pay anything from $200 to $400 per appointment. Let’s learn does insurance cover laser…
Many people ask does car insurance cover body damage. By law, all drivers must have a minimum third-party car insurance policy that excludes the owner’s vehicle and covers body damage. This is insufficient when physical damage to the vehicle occurs.…
People often ask do car insurance companies ask for proof of marriage. Numerous employers include health insurance (including coverage for dependents) in their benefits packages. Because these benefits are high quality, some employees seek coverage for uninsured dependents, such as…
Does car insurance cover non accident repairs? Comprehensive coverage in a car insurance policy covers non-accident fixes. It does not, nevertheless, compensate for damage caused by improper servicing. Car warranties can cover non-accident care for up to three years. However,…
