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An insurance company offers insurance or protection to the public. For instance, if you want to protect your home from theft, fire and other types of damage you would purchase insurance.

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โˆ™ 2011-07-14 15:13:21
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Q: What exactly is an insurance company?
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Related questions

Just what exactly is auto insurance?

Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.


What exactly is an online insurance quote?

An online insurance quote is an estimate of how much your monthly bill would be for insurance. It may be auto or medical insurance depending on the company.


What exactly is direct line insurance?

Direct line insurance is an insurance company that is bent on making sure that everyone can have affordable auto insurance as well as different services like boat insurance.


What exactly is progressive car insurance?

Progressive Car Insurance is an insurance company that claims to have low, competitive insurance rates. They offer free quotes and other types of insurance as well, such as homeowners insurance and RV insurance.


What is insurance in terms that a 5th grader would understand?

Simpler than what, exactly? It amounts to a bet against the insurance company. If something (exactly what depends on the kind of insurance) happens to you (or your stuff, again depending on the kind of insurance), then you win the bet and the insurance company has to pay off. (Note: some kinds of insurance amount to a bet that you won't accidentally do something to hurt someone else or their stuff.)


What exactly is Salem insurance?

Salem Insurance is an insurance provider company. They provide business, home, auto, life and health insurance.J&RThey operate through a network of agents in the insurance arena.


What exactly is a life insurance company?

A live insurance company is a company that holds a "life insurance" policy on a person. The policy is taken out by a person and fees are paid. And, if for some reason the person's life ends, the policy is paid out to the beneficiaries as long as the death was not done on purpose.


Is there a such life insurance company as federal life insurance company?

There is an insurance company called Federal Life Insurance Company.


What exactly is a car insurance quote?

A car insurance quote is a no obligation estimate that you can get from a car insurance company. They will base the criteria on the quote on things such as previous driving record, and make and year of the car.


Who has the best insurance for electric chairs?

You should go through your own personal insurance company first. They will bundle together an insurance package that will cost less money and cover exactly what you need.


How do you go about filing a claim with an insurance company that is no longer in existence?

I'm sincerely curious as to the thought process here: if the insurance company no longer exists, who exactly do you think is going to pay the claim, Santa Claus? If the insurance company was bought out/merged/absorbed by another insurance company, try contacting them and see what procedure you need to follow. Otherwise, you're probably just out of luck.


What exactly would I need an insurance agent for?

Insurance agents are your contact point with the insurance company. Any questions or requests about your insurance coverage are directed to the agent. The agent is there to help you determine your needs and make sure that they are met.

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