ncpadmanabhan asked:


I have issued a cheque towards first year premium along with the proposal for insurance. The cheque dated the first of the month has been encashed by the insurance company on the third of the month. But they have issued the insurance policy only on the 19th of the month with the date of starting of risk shown as the 22nd of the month. As my cheque for the premium amount has been encashed on the third of the month itself, is not the insurance company liable to cover the risk from the date of encashment of the cheque? Does not the encashment of my cheque and crediting it to the insurance company’s account signify that they have accepted the risk from that date itself?

Dennis

Zack asked:


 

There are many South Carolina insurance companies competing for your business online now. If you are shopping for cheap insurance quotes, you generally have three choices: Online, exclusive or nonexclusive agent.

Online Cheap Insurance Quotes

Convenience and Choice Variety– online insurance shopping has the advantage of having many choices and access to these choices and quotes are fast and easy. You can take your time and really research and investigate different insurance companies which help you find the right insurance policy that fits your needs.

Saves Time– shopping for cheap insurance quotes online enables you to research insurance policies when it is convenient for you. You can access insurance information anytime, day or night from the comfort of your home.

Fast and Sometimes Instant Insurance Quotes– shopping for insurance quotes in South Carolina online provides you the opportunity to receive instant insurance quotes from several insurance companies allowing you to compare insurance rates.

Local South Carolina Exclusive Agent

Human Insurance Agent – sometimes when people shop for cheap insurance quotes online they may have questions and might not fully understand the insurance policies and could choose the an insurance plan that might not be the best suited for their needs. Using a local agent can help the customer choose the appropriate insurance policy and can answer questions and provide advice. Many online insurance sites offer qualified insurance experts if you call them directly and have questions about your online insurance quotes.

Exclusive to One Company Only – one advantage and disadvantage about a local agent is they often only represent one company. This is good because they have extensive training and knowledge about their products but they are unable to provide quotes from multiple insurance companies.

Non Exclusive Agent



Variety – nonexclusive agents work with a variety of companies and can often tailor the best cheap insurance quote and policy for you. Non exclusive agents are able to offer South Carolina cheap insurance quotes from different insurance companies.

Special Policies – non exclusive agents can help customers find specialty insurance products as well.



Online Auto Cheap Insurance Quotes

People buy so many products and services online it makes sense to shop for cheap auto insurance quotes online as well. Millions of customers buy their car insurance online and do so for many reasons.

Shopping for cheap insurance quotes in South Carolina online allows customers to shop from their home and it enables them to compare quotes and rates, research policies and even get instant quotes.

Instant Cheap Insurance Quotes – buying car insurance online is one of the most efficient ways to get quick and instant cheap insurance quotes. Many South Carolina online auto insurance companies offer instant car insurance quotes. Customers often have the opportunity to compare car insurance quotes from multiple companies which can save a lot of time.

Cheap Car Insurance Quotes – shopping for car insurance online enables the customer to quickly compare car insurance policy quotes and choose the cheapest and best policy for them. When you call or visit an auto insurance agent, often times you can feel pressured into buying auto insurance that might not be the least expensive and you could end up paying more.

Research – shopping for car insurance online gives South Carolina customers the opportunity to research and educate themselves on the various insurance companies and the types of insurance policies they offer. Customers who educate themselves on what they are shopping for are able to make better decisions and find cheap insurance in South Carolina that best suits their needs.

Life Insurance Quotes

Life insurance is great for individuals that have a family, dependents and earn the most income to support their family. Life is unpredictable and it is important to ensure your family and loved ones are taken care of financially in case anything happens to you.

When shopping for life insurance in South Carolina, searching online and using the internet’s resources are a great way to educate yourself on life insurance basics, shop and compare quotes for the best life insurance policy for you. There are three different types of life insurance policies – universal life insurance, whole life insurance and term life insurance.



Universal Life Insurance – combines life insurance with savings. Insurers are able to have the benefits of term life insurance and combine that with tax-deferred interest accumulating savings account. Sometimes you may not even have to pay premiums during the entire policy. If your money to pay the death benefit and other costs accumulates in the tax-deferred savings portion of your policy, then premiums may not be required to keep the policy in force.

Whole Life Insurance – this type of policy will cover you for your entire life. Your death benefit and premium generally remain the same. Whole life insurance also builds cash value, which could enable you to earn a return on a portion of your premiums that the insurance company invests. Your cash value is tax-deferred until you withdraw it and you are also able to borrow against that money.

Term Life Insurance – this type of life insurance is low cost and great for young healthy individuals who are healthy and may not be able to afford cash-value life insurance premiums and want to ensure their dependents are taken care of in the event of death. Your policy will cover a pre-determined “term” which is normally one, five or ten years. Your premium payment and death benefits are only during that term. After the term you will have options to continue coverage and have the opportunity to convert to a cash-value life insurance policy.



Health Insurance Quotes

There are more choices than ever to shop for cheap health insurance. Customers can jump online and quickly find hundreds of websites offering cheap medical insurance in South Carolina and obtain instant quotes.

There are a few things to take into consideration when shopping online for cheap insurance quotes:



Guaranteed Renewable Coverage that is Non-cancellable – make sure that your health insurance policy cannot be cancelled as long as you continue to pay your premiums and do not attempt insurance fraud. You do not want your insurance company to cancel your health insurance policy for becoming sick to often or for other reasons.

Ten Day Recession Period – most health insurance companies give new insurers a ten day recession period. Make sure during that time you examine your insurance policy to ensure you chose the right policy for you and your family. This way, if you are not happy with the policy then you can cancel during the ten day period and get your premium back.



Home Owners Insurance Quotes

When you are shopping for a cheap insurance quote for your home in South Carolina, it is important to research your policy and understand what you are getting with that policy. Homeowners insurance is designed to protect South Carolina home owners against certain hazards. Normally there is a deductable that will need to be met when you file a home insurance claim unless otherwise noted. Homeowner’s insurance policies are determined by the potential dangers to your home and it is important to understand what is covered in your home insurance policy.

There are easy ways to save money on homeowners insurance.



Shop around – searching of for homeowners insurance quotes online is a great way to compare policies. Some websites enable you to fill out one form and you can receive multiple homeowners insurance quotes from submitting one form.

Raise your deductibles – the higher your deductible normally means the lower your monthly premiums will be.

Keep your credit report clean – many homeowner’s insurance companies will base your insurance quote on your credit report rating. Higher credit scores could net lower home owner premiums.

Stay with the same insurance company – some insurance companies will offer their customers special discounts for being a long-term policy holder.

Use one company for all of your insurance needs – you can receive deep discounts for using the same insurance company for multiple insurance policies. For example, if you use the same company for home and auto insurance you could qualify for a discount.

Don’t smoke -  non-smokers could obtain lower premiums because a percentage of house fires are caused from cigarettes.

Install a home security system – having a home security system could qualify you for a discount on your home owner’s insurance policy. Homes with security systems are less likely to become burglarized.

Ask for discounts – be sure to ask your insurance agent if there are any discounts you could qualify for.

Review your policy annually – your home insurance needs could change over time and it is important to review your policy regularly. Sometimes you may not need as much coverage and that could cause your premiums to go down.



 



Marion

reflect47 asked:


I live in Michigan a state where it is law to have insurance. I have also been denied insurance by a certain large insurance company based on my credit score. I just don’t think they should be able to pull your credit report if your required by state law to carry it. Hey if i don’t pay it cancel me.
Agreed your driving record should be all they need. I have been driving now for 13 years never been in a accident but been though a divorce which messed up my credit.
wooooowhooo….. the reason the guy with the 700 + credit score is likely to have a better track record with the insurance company is because he doesnt report it he pays for damages from his little plastic insurance policy called AMEX…. again never been in a accident got one ticket 7 years ago been though a divorce….. why do I get denied when I’m a proven good driver all because some one else isn’t. shouldnt they pay more and i get charged the same as the guy next door with the same driving record and a better credit score!
besides I would love to see where these so called statistics are coming from I think its all crap!

David

Lina Smith asked:


Online car insurance companies have capitalized on the quest for knowledge by the majority population that uses the Internet to search for information, particularly for purchases. Online car insurance companies strive to reach the consumer by providing car insurance information and giving consumers instant online access to the best car insurance quotes in the hopes of gaining a lucrative lifetime customer.

Online car insurance companies can provide the best insurance quotes using the technology that has been traditional in the offices of insurance policy underwriters for decades. The information generated is from a software program similar to an underwriter’s tool for risk analysis. Software programs for risk analysis exist in every insurance field, including car insurance. An underwriter simply enters the insurance applicant’s information such as driving record, location, type and number of cars, age of drivers, and other mitigating factors, then a complex computer program will churn out the assumed risk of the car insurance applicant.

Because of today’s online technology, it is no longer required for an underwriter to contact several databases to churn out a report. Government data, manufacturer’s data, driving history and statistics are all available instantly by entering a few keyboard commands. The risk factor is then mathematically interpreted into reasonable car insurance quotes that online car insurance companies can generate to the consumer through their online computer applications. These complex software programs for insurance risk analysis make buying online car insurance a speedy process. The ease of this technology by the consumer has proliferated the expansion of online car insurance companies to an unprecedented growth because of the high demand for the best car insurance quotes.

Shopping for car insurance online has now become the norm. The Internet’s growth is largely due to Internet users using online resources to research their needs. Companies were quick to jump on this demand and use their company’s Internet presence to provide the Internet users with the information they need. Online car insurance companies welcomed this sales opportunity and optimized the opportunity by providing what every car insurance shopper wants – instant car insurance quotes, and the cheapest car insurance rates.

The competition between car insurance companies to provide information for online car insurance purchasers grew within the competitive market, and car insurance purchasers benefitted. Online car insurance companies provide information on legally mandated car insurance needs, options of car insurance coverage available, discounts available and the best car insurance quotes. Consumers have a wealth of information at their fingertips. A discerning eye will be able to sift through the sales pitches and find the perfect car insurance policy that meets their needs. Online searching for car insurance turns the best car insurance quotes into the cheapest car insurance rates for the car insurance policy that fits the consumer’s unique driving lifestyle.

Online car insurance works for the benefit of the consumers and the online car insurance companies. Consumers enter preliminary data, saving the time and expense from the preliminary insurance agent to gather the data then transfer it to the underwriter. Consumers benefit because they can easily find the best car insurance companies and the best car insurance quotes for their individual policy needs. Online car insurance companies drive the insurance industry to cross the bridge from capitalizing on consumer policy ignorance to capitalizing on well-informed consumers – making online car insurance companies the best place to find the best car insurance quotes for your unique policy needs.



Elmer

mom2omar asked:


I had my brother listed as a driver on my insurance policy and he is moving so will no longer be using my car. The insurance company is requiring that I show proof of insurance before removing him from the policy. They are telling me there is no other way to remove him from the policy due to a DUI charge. Is it even possible to get car insurance without a car? What should I do?
I have been in contact again with the insurance company and here is what they wrote back “The only proof we can accept to remove youthful driver’s is Proof of
Other Insurance.” What is the age limit on a youthful driver? My brohter is 24.

Cory

h0mgrts asked:


If family of two have health insurance, and one of them decide to use it for couple medical procedures will insurance policy premium go up?

Please advice.

Thanks.

Tyler

Rahul Rungta asked:


Remember the Hurricane Katrina? Or even the Tsunami in Asia? Apart from the loss of life, the property damage was stupendous. Thousands had been left stranded homeless, and penniless, without a proper home insurance coverage. This is why a home insurance cover is so necessary, even if its comparatively costlier than other insurance policies.

Similar to other properties and tangible possessions, your home is also subject to an insurance cover. However, most homeowners in Canada are either not aware of the need of a home insurance policy or do not care enough! But have you ever imagined how a home insurance can provide an adequate buffer against problems that deplete a homeowner financially and mentally every other day? A home insurance cover, when customized and armed with appropriate riders and limitations, can lay a home owner’s issues to rest once and for all.

Home insurance policy comes attached with a number of riders, exclusions and limitations. For an instance, a home insurance does not cover damage or losses from natural disasters. Therefore, in areas where flood or cyclones are frequent, it is advisable to have special insurance additions or riders incorporated into the original policy regarding the same. Earthquakes, or even hurricanes like Katrina can create serious difficulties for a homeowner. War is also an exclusion that is not covered a conventional home insurance policy. The addition of special coverage sections into the conventional policy might seem expensive to the client, but in actuality, it is safer to have them than lament about the damages incurred later on.

Buying a home insurance policy is almost a compulsory act if you have taken a loan to buy or build the house. Mortgage loans embed a condition that the borrower has a home insurance policy to protect their home in case of any losses. Before buying a policy, it is always best to shop around a bit before settling on the best. Always remember that the cheapest or the most pricey insurance quote might not be the best; at least not for every individual homeowner! Once you have successfully identified the insurance policy you wish to purchase, scan through it carefully. Many insurance companies offer advantages or unconventional riders at specific times. Some companies offer greater coverage during Christmas or Thanksgiving season, which also coincides with the highest number of robberies, accidents and mishaps at home. Being aware of such special additions or coverages provided by insurance companies is a big boost for the potential individual.

However, locating and managing the best home insurance deal is not a cakewalk. A huge number of private insurance companies have gained ground in the insurance industry in Canada today. Of these, a major portion are insurance portals such as insuremetoo.com, who offer professional advice as well as brokerage services to clients on a wide range of insurance services such as home insurance, car insurance, auto insurance, and even dental insurance. Professional help or even a consultation with an expert from the concerned field is necessary for sealing the final deal.

So better be safe than sorry! Request a free quote for home insurance right NOW!



Juanita

Zack asked:


When shopping for home insurance quotes, there is a lot more to consider than how much your coverage will cost. It is important to buy the right type of policy from a solid home insurance company. Make sure you choose the proper level of protection that includes special provisions for valuables such as jewelry, computers and other valuables. Also, depending on where your home is located, you may need to include coverage for floods or earthquakes.

As soon as you start shopping for home insurance quotes for your home in South Carolina, it is important to research your policy and understand what you are getting with that policy. Homeowners insurance is designed to protect South Carolina home owners against certain hazards. Normally there is a deductible that will need to be met when you file a home insurance claim unless otherwise noted. Homeowner’s insurance policies are determined by the potential dangers to your home and it is important to understand what is covered in your home insurance policy.

How Much Home Insurance do you Need?

Many home insurance companies use a cost estimator to figure home insurance quotes. This will ensure that your home is insured for the right amount. Home insurance companies do not insure dirt, so if you purchase a home on a large lot, do not be discouraged when your home insurance policy is a lot less than what you paid for the home. You are buying coverage for the home and not the land.

Home Insurance Rates

Your home insurance deductible is the amount you pay for covered damage before your insurance begins coverage. You can choose a higher deductible in order to lower your home insurance rates and premiums as long as you are comfortable with the added risk. Ask your home insurance company to give you home insurance quotes for a range of deductibles to see how much you could save on your premiums.

Determine Your Insurability

Your home insurance company will need extensive information form you to provide you home insurance quotes and be able to give you the best home insurance rates for your policy. To determine insurability, your home insurance company could ask:

When was your home built?

How old is the plumbing and electrical?

What type of roof is on your home?

What is the square footage of your home?

How many claims have you filed over the last 5 years?

Where is the home located?

If your home is located in a rural area without a nearby fire department or no near fire hydrant then the home insurance company may refuse to insure it. If this happens to you, contact a specialty or surplus-line company, but remember that this home insurance quote will take longer to obtain.

How to Lower your Home Insurance Rates

The more secure your home is the lower your home insurance rates can be. It is recommended to install security alarms and deadbolt locks on all exterior doors and secure locks on all windows. Once you have a security alarm installed, be sure to sign-up for a home monitoring service that will constantly monitor your home and send the needed help in the event of an emergency. Having a monitoring service can dramatically lower your home insurance rates.

Another great way to lower your home insurance rates is inquire about insuring other policies with your home insurance company. For example, if you insure your vehicles, motorcycle, boat, health insurance, etc., you could qualify for a discount for having multiple policies with the same insurance company.

Home Insurance Coverage

Home insurance companies and lending institutions normally require mortgage customers to purchase homeowners insurance. Do not depend on the coverage levels required by your mortgage lender. Those mandated levels are designed to protect the home itself, but not always your possessions. That’s why it is important to check with your home insurance company when shopping for home insurance quotes and rates to ensure that you have adequate coverage.

How to Save Money

There are easy ways to save money on your home insurance rates.

Shop around - searching of for home insurance quotes online is a great way to compare policies. Some websites enable you to fill out one form and you can receive multiple homeowners insurance quotes from submitting one form.

Raise your deductibles - the higher your deductible normally means the lower your monthly premiums will be.

Keep your credit report clean - many home owner’s insurance companies will base your insurance quote on your credit report rating. Higher credit scores could net lower home owner premiums.

Stay with the same insurance company - some home insurance companies will offer their customers special discounts for being a long-term policy holder.

Use one company for all of your insurance needs - you can receive deep discounts for using the same insurance company for multiple insurance policies. For example, if you use the same company for home and auto insurance you could qualify for a discount.

Don’t smoke - non-smokers could obtain lower home insurance rates because a percentage of house fires are caused from cigarettes.

Install a home security system - having a home security system could qualify you for a discount on your home owner’s insurance policy. Homes with security systems are less likely to become burglarized.

Ask for discounts - be sure to ask your insurance agent if there are any discounts you could qualify for.

Review your policy annually - your home insurance needs could change over time and it is important to review your policy regularly. Sometimes you may not need as much coverage and that could cause your premiums to go down.

Shop Around

Get home insurance quotes from several home insurance companies when shopping for home owners insurance. Remember, the lowest home insurance rate or quote does not always equal the best deal. Be sure to compare the coverage each home owners insurance policy offers, also, be sure to investigate that the home insurance company you are interested in has a good reputation in the industry.

Every home insurance quote could be different from each home insurance company, even from the same company. That’s why it is important for you to get several home insurance quotes before you make a decision. It is a good idea to go with a home insurance company that allows you to have the same home insurance rate forever, so you do not have to worry about your home insurance rates increasing.

An easy way to get several home insurance quotes fast is to jump online and browse different home insurance company websites. These home insurance companies have user friendly websites and include free quote systems that normally take about five to ten minutes to complete and often times you can compare several companies’ home insurance quotes.

In addition to obtaining several home insurance quotes quickly, you can educate yourself regarding the many different types of homeowners insurance policies out there and how much the home insurance rates should cost.



Jessie