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Questions tagged [insurance]

Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril

Simple Definition of insurance

An agreement in which a person makes regular payments to a company and the company promises to pay money if the person is injured or dies, or to pay money equal to the value of something (such as a house or car) if it is damaged, lost, or stolen

The amount of money a person regularly pays an insurance company as part of an insurance agreement

The amount of money that a person receives from an insurance company

http://www.merriam-webster.com/dictionary/insurance

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At Fault Driver Lied to Insurance

I was side swiped on the interstate. The driver dented my rear door and smashed their front light. When the state trooper arrived, they took statements from me and the other driver. I asked if our statements matched, and the trooper said they did.…
David Robie
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Boiler plan for maintenance and repairs

I have a boiler protection plan covering repairs and annual service. I have been with the company for over 5years and though they have renewed my cover and take the monthly premium they failed to inform me that they had changed their conditions and…
Steve
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Does death due to heart disease qualify as being diagnosed with heart disease?

I came across this question on a life insurance form: My biological parents or biological siblings have been diagnosed by a member of the medical profession with any of the following: cancer, heart disease, diabetes, kidney disease,…
JoeKing
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Life insurance: Primary vs contingent beneficiary percentage amounts

I am filling out a life insurance policy form, and it is asking for both primary and contingent beneficiaries AND the percentage amounts for them. It is my understanding that the contingent are payed out only if the primaries are dead. What…
legalboi
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Is a car insurance quote obtained from an online tool legally binding?

I've had an insurance policy with an insurance company for just over 6 months, I've recently been looking at getting a new car and decided to buy one, Before I bought it I checked online how much it would cost to swap my insurance over to the new…
user7052
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Car rental company

Is it worth it to talk to a lawyer about car rental company not providing details on the cost of a cracked front windshield, I need the document to fill a claim with my insurance company. I rented a car 4 months ago in California, while driving the…
Usersearchingadvise
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Is Unit Link Illegal in Australia?

Unit Link is a combination of investment and insurance. It's often scammy. The reason it's scammy is because by combining it with insurance, the company can charge much more and the customer may not notice. Imagine if expected coverage is $50 or if…
user4234
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What is actually provided for by the "automatic additional driver" that a spouse gets in a rental car agreement in Oregon?

I have seen many sources that mention states (such as Oregon) that automatically allow spouses to be additional drivers on rental vehicles, including this one from Enterprise Rent-A-Car…
David Ljung Madison Stellar
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Requesting money so they won't go through insurance, but they already have

My daughter backed into a parked car which caused minor bumper damage to the car. She found the owner and exchanged info. Next day he puts pressure on me on how I don't want my insurance rates to rise, so bring $1k cash and meet him, then he won't…
Joel
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Disputing "average value" for insurance total losses

I recently received a proposed total loss settlement for an auto from my insurance company based on an average of three "corrected" values based on local list prices for the same vehicle. How the insurer arrived at the "corrections" is a separate…
guero64
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Do US or Australia have laws that prevent insurance companies from racking up too much margin?

Are claim ration in US or Australia much higher and if so, what laws differences cause it. What are the typical claim ratio of insurance companies in US, Australia, and…
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Is there a reason for a landlord to have more General Liability Insurance than the tenant?

A prospective tenant wants me to have $2M / $4M General Liability Insurance and they only want to provide $1M / $2M. Is there a reason for this on a one year lease agreement that can be renewed annually? (They are a public university.)
Lee Sam
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Do I Have a Case Against this Insurance Company?

TL:DR, is this insurance company acting in bad faith? Are their actions grounds for a lawsuit? If not, what are the repercussions for what they and their client are doing? Four months ago, I was sideswiped on the highway. The responding state…
David Robie
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Use of Uber app and car services and liability

I use Uber app as a passenger. I investigated Uber site. It appears that passengers are covered up to $1mil regardless of what insurance driver maintains outside of Uber. Is this correct? Is this in all states? Is this optional or mandatory for…
paulj
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Waivers for personal injury

In the US, Let's say I want to install a radio antenna on a building. This is for non-commercial purposes (Transmitting legally under FCC part 97) and the building owner is OK with the project. However, if I hurt myself (ex. fall off the roof),…
Skyler 440
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