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What else can I help you with?
What does an insurance company do with salvaged personal property?
If an insurer pays for the total loss of personal property, including a car, it usually becomes the owner of the property as part of the resolution of the claim. The property is then sold so that the insurer may recoup some of its loss. There are some entities, such as scrap metal companies that deal in that kind of property. Under some circumstances, the insured wishes to keep the property. That can usually be negotiated, but the payment to the insured on the claim may be adjusted accordingly.
What do you call a persons total amount of money?
i think its "property"
Auto insurer refuses to pay full amount of at fault accident?
There could be a couple of reasons why the Auto Insurer is refusing to pay full amount of at fault accident: a) There would be a deductible condition in the policy - which would mean that you will have to bear or pay the deductible amount out of your pocket. b) If this is the claim amount for the vehicle - it would be a part applied to depreciations of the vehicle. c) If the claim is above the total coverage (limit of Liability) the insurer might have paid his share up to this limit and so you would be responsible for the amount which is above this. Remember that the insurer would not refuse to pay you once he has admitted liability unless it is not payable as per the policy condition. Please go through the policy conditions and asked the insurer for his reasons of non-payment.
What is the total amount of tax due on a property with an assessed value of 315200?
$16,926.40
What is the total amount of property that Mukesh Dhirubhai Ambani holds?
59000 caror
What is the total amount of tax due on a property with an assessed value of 315.200 when the property tax rate is 53.7 mills?
$16,926.24
What is the total amount I will need to pay each month for my mortgage?
The total amount you will need to pay each month for your mortgage includes the principal amount borrowed, interest, property taxes, and insurance. This total amount is known as your monthly mortgage payment.
On which property of solutions does the concept of concentration rely?
The concept of concentration relies on the property of the amount of solute dissolved in a given amount of solvent. It is expressed as the ratio of the amount of solute to the total amount of solution.
Mass is the measure of the total amount of what in an object?
Mass is the measure of the total amount of matter in an object. It is a fundamental property that determines the object's resistance to changes in its motion.
What is the Concept of a Retention Limit?
The maximum amount of insurance an insurer can retain before ceding business to a reinsurer. The maximum amount may depend on the insured's age, health, coverage in force, as well as the insurance company's financial condition. An insurer cannot retain a risk exceeding 10% of its surplus to policyholders. However, it may write insurance on a risk exceeding this amount if it enters into a reinsurance agreement or treaty with another insurer who agrees to insure the portion of the risk exceeding the retention limit. In the event of a total loss, the insurer would pay the portion of the claim up to its limit and the reinsurer would pay the rest.
What is pure loss ratio?
The pure loss ratio is a measure used in insurance to assess the proportion of premiums that an insurer pays out in claims. It is calculated by dividing the total amount of incurred losses by the total amount of earned premiums, excluding any expenses or additional factors. A lower pure loss ratio indicates more profitability for the insurer.
What is the lowest amount of individual property insurance coverage that I can have when I own a home?
The lowest amount of individual property insurance that you can have on your home is the amount outstanding on your mortgage. Your mortgage lender will require that insurance be in force for the amount you owe them or more. That way in case of a total loss, the lender recoups its losses.
