0
What else can I help you with?
Should hemophiliacs be charged higher rates for health and life insurance?
No, they should not be charged higher rates. Why add insult to injury. I feel that's discriminating against someone who can't help that they have the disease.
What ages of senior citizens will travel insurance cover in the UK?
Travel insurance companies will provide insurance for all ages. The older you are the higher your rate will be because you are a higher risk to the insurer.
Why are youths charged a higher fee for car insurance?
Because they are a higher risk, because they have a higher percentage of accidents than more experienced drivers.
Is students insurance higher than other insurance?
It does not depend on whether or not the individual is a student, but rather what age they are and their past records. Younger people are usually charged higher rates for insurance as they are often regarded as less responsible.
Can an insurance provider drop you if you smoke?
If you are a tobacco user, you can no longer be dropped from a policy. However, you will be charged a higher rate.
What should your Deductible for car insurance be?
Well the higher your deductible, the lower your insurance premium will be. However, your deductible should be something you can afford in case of a loss.
If you were in an accident which was your fault and had no insurance and got 2 tickets will your insurance go up in the future?
If you are able to obtain insurance in the future is the questions. You will most likely be placed in the assigned risk group and the rates you will be charged will be higher than those without your history.
Is it true that red cars have higher insurance rates?
No. Red cars have a higher frequency of accidents, and a higher possibility of getting a traffic violation, but I have never heard of a company charging more for insurance. If you have one that does, you should shop around for another company.
What is difference between a fee and commission?
A commission is compensation received by a broker or insurance agent paid by the insurance company and is a percentage of the insurance premium, or a percentage of a portion of the insurance premium. A fee, on the other hand, is a fixed dollar amount (not a set percent of the premium) and can be paid either by the party buying the insurance or by the insurance carrier. Often, clients with large premiums, or complex risks negotiate with their broker to provide services, including the placement of insurance for a flat fee. The insurance is than placed "net of" or without commission. Many people feel that this is a more transparent method of broker compensation and eliminates broker bias to higher premiums or carriers which pay a higher commission. In certain circumstances, both a fee and a commission are charged. This usually occurs when the broker is providing services which are not property compensated by the commission in the policy. When a fee is charged in addition to a commission, it should be disclosed who the fee is being paid to, and for what service.
Do insurance premiums go up with an SR-22 filing?
over charged for 8 years on an sr-22 by progressive insurance and trying to get my money back have had extemely rude deprecatory emails was charged 50.00 per year filing fees plus i need to know if sr-22 filers pay a higher premium and how much
Does HBA Health Insurance have reasonably priced plans for individuals with preexisting conditions?
HBA Health Insurance will accept your application for health insurance. The price you will receive for you insurance will vary greatly depending on your personal circumstances and what you preexisting conditions are. There is a chance that those conditions will either not be covered or you will be charged a higher rate than one who does not have these conditions.
Can you be charged higher car insurance after you were involved in an accident and it was on a different company policy it was also not your fault and settled by the other driver?
If I understand your question you are in an accident not your fault and it was settled, but the insurance was through a different company than the one you had ? I think they can hike the rates.
