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What else can I help you with?
What is each and every claim mean in an insurance policy?
each and every claim = all claims
What term describes the amount you pay on each insurance claim you have?
deductible
What are the benefits of your wife and you carrying each other on your health insurance through work?
Usually you can claim through each plan. For example: You need a perscription. It cost x dollars. You claim through your plan first as it is for you. Your plan pays x % back to you. You then claim the difference through your spouses plan and their plan pays x %.
Does a deductible have to be paid each time you file a claim under homeowners insurance?
The deductible applies to every individual claim.
How many years can an insurance company charge for a claim?
Each insurance company is different, can range from 3-10 years.
What does Excess applies each and every claim mean in an insurance policy?
Excess applies
What does each occurrence mean in liability insurance?
An occurrence is a loss, or a claim filed on the policy.
How much would insurance cost on a Boeing 747 each year?
How much is insurance for 747
Are car insurance deductibles cumulative or per claim?
Car insurance deductibles are the amount which the policy holder must pay out of their own pocket in the event of an accident. It is standard for deductibles to be applicable for each claim.
What do the limits of insurance mean?
The limit is the maximum amount of $$ the company will pay for each component arising out of a claim.
You have two cars insured by the same company If they collide with each other will a claim be honored?
Absolutely. It is treated just as another claim, which the Insurance co has to honor.
What are the requirements on reporting an accident to insurance company if it is not your fault?
Most companies do not require you to report the accident to your own insurance company, but if you later find out the person did not have valid insurance or the other insurance company refuses to pay and then you later have to file a claim on your policy, it will slow down the claim process. Plus, each state has a statute on the time limit you have to file a claim and want it to be covered.
