answersLogoWhite

0

Can an insurance company charge inflation rates?

Updated: 8/19/2019
User Avatar

Wiki User

13y ago

Best Answer

Insurance company have premium rates, Not inflation rates.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can an insurance company charge inflation rates?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why does medigap insurance rates raise yearly?

cost of inflation


Do auto quotes increase insurance rates?

No, A quote is just the price that company will charge you if you buy insurance from them. All companies give quotes.


Is there an insurance company list?

It depends on what kind of insurance you are seeking. For auto insurance, Progressive Insurance will show you the rates of some of their competitors. For other insurance, you can usually find a site that searches several insurance company rates.


What company has the best auto insurance rates in Philadelphia?

You will find the best auto insurance rates at www.geico.com


What are the insurance rates for commercial boats?

Insurance rates depend on which insurance company you choose to do business with. When you decide which insurance company you want to insure your commercial boat, you fill out a quote for your particular coverage.


Inflation rates?

inflation


Which websites offer insurance company ratings for automobiles?

A.M. Best Company rates various companies, including automobile insurance companies. Another option is Weiss Ratings, a company that rates an insurance company's financial strength.


What kinds of insurance does Pi Insurance Company have and what are thier rates?

You can get information about Pi Insurance company's rates and insurance available by calling thema t +44 (0)1323 648000 as they are based in the UK. You can also get rates and information at their website at http://www.professionalinsuranceagents.co.uk/.


Will your insurance company take into consideration where you live when calculating your insurance rates?

Yes, your location plays a significant role in determining your insurance rates. Insurers consider factors such as crime rate, weather risks, population density, and local laws when calculating premiums. Urban areas and regions prone to natural disasters may have higher insurance rates due to increased risk.


When can a health insurance company raise their rates?

At renewal.


What notification is sent from the insurance carrier to the patient and the provider after an insurance claim has been processed?

The Insured Person will receive an EOB (Explanation of Benefits) from the insurance company which explains the payment by the insurance company, the allowed charge based on contract rates with the provider, and the remaining amount if any that is due from the patient to the provider.


Can an insurance company still charge you a surcharge or increase your premium if you get a speeding ticket reduced to 0 points in NJ?

Yes. There is a difference between driver's license points and insurance points. Anything that is on your MVR can raise your insurance rates.