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Does State Farm Fire and Casualty Company have a good reputation for paying on claims?
Wiki User
∙ 16y ago
they are decent. whatever you do, avoid allstate. worst in the business. state farm is ver big so sometimes they try to push people around (like their contractors). it's not a horrible choice. if you can, get replacement cost insurance.
Wiki User
∙ 16y ago
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How can you get lower auto insurance rates after being canceled for being late and having some claims?
The best thing to do is shop around, no company is ever the cheapest. Make sure you feel comfortable with the companies reputation for paying claims, it's best to do some research before buying based on rate alone.
What does the concept of goodwill accounting involve?
The concept of goodwill accounting involves paying for an intangible service instead of tangible ones. An example of this is paying for a company's good reputation.
What is the best company for paying out after road traffic accident claims?
The best companies that pay out for road traffic accident claims vary depending on the kind of insurance that one has. However, the most common company that is used is Thompson Solicitors.
A is imyst company for mystery shoppers a valid company?
Yes, Imyst is a valid mystery shopping company. They have been around a long time and have a pretty good reputation for paying quickly. Their website is imyst.com
What is Combined ratio in property and casualty?
Combined ratio is a simple measure of insurer profitability. Losses + expenses / Earned premium > 100% : insurer is paying out more in losses, expenses, and claims than it is earning in premiums. < 100% indicates greater premiums than losses, expenses, and claims.
What do you say to the insurance company when no one was cited in an automobile accident?
Report the claim anyways. Tell the truth and let the insurance company decide how to proceed. Remember, if you are paying for the insurance, you should expect claims to be paid if you have the coverage.
What are the names of some companies that offer property and casualty insurance?
State farm offers property insurance. Mutual of Omaha is good at personal injury insurance. Look around for a company that will provide all of the services that you are going to be paying for.
If you are involved in an accident and Applied Claims Insurance Company is paying 1800 how much will your premium go up at renewal?
This depaends on the fault of the accident. There is no way to tell the answere to this question as there are many factors involving this. Is this the 1st accident, state, insurance company.....
What problems occur if not pay accounts payable?
Going concern is an accounting concept according to which it is assumed that company is liquid and will be able to easily pay all its debts and liabilities when they become due. So if company stop paying its accounts payable when they become due, it will start raising question marks on future of company as well as company may become default on continuously not paying its accounts payable and it will also destroy the reputation of company and due to which it will become difficult for company to get supplies on credit in future from suppliers.
How much in dollar figures and percentages of Cigna's annual gross revenue goes to paying claims and how much of it goes to paying salaries?
While I don't have the numbers for you, for the most part the money Cigna uses to pay claims is not from their revenue at all. Most employers maintain a bank account of their funds which Cigna uses to pay claims. This is referred to as A.S.O. (administrative services only) funding. Cigna's pocketbook is not impacted by the claims paid or denied for these accounts, which make up the vast majority of their claim volume. In fact, paying a claim is less costly than denying a claim, as no one calls the insurance company regarding the claims that have been paid, just the ones denied. So the more claims denied, the more customer service agents Cigna must pay for. The financial incentive is actually to pay claims rather than to deny.
Which is the highest tax paying company in noida?
ebiz.com pvt. ltd.is the highest tax paying company in noida
Your wife backed into your sons car in the driveway The vehicles are insured by different companies your wifes insurance claims since your son resides in the same house they will not cover damages.?
The insurance company claims there is a Michigan law that prevents them from paying a claim on two insurance policies from the same residence
