Noun
- A means of indemnity upon occurrence of a fortuitous event.
- : The car was totalled, but fortunately I had insurance.
- The business of providing insurance.
- : After five years in banking, I switched to insurance.
- Metaphoric: Any attempt to anticipate an unfavorable event.
- : The sky was clear, but I took my umbrella for insurance.
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...Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed and known small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice. Read full entry
This entry is from Wikipedia,the leading user-contributed encyclopedia.It may not have been reviewed by professional editors(See full disclaimer)
- 1.Compare Quotes from Top Insurance Companies
- America's #1 online insurance agency. Compare instant auto, life, home, and health insurance quotes from top national companies. It's easy to compare, buy and save.
- http://www.insurance.com/
- 2.Insurance - Wikipedia, the free encyclopedia
- ... covering topics such as types, principles, indemnification, the insurance industry, and controversies. ... 1 Principles of insurance. 2 Indemnification. 3 ...
- http://en.wikipedia.org/wiki/I
nsurance
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insurance???????
just wondering. my mom has a
trailblazer and my dad has a
lumina. they already have full
coverage. my question is do
they have to add my the
insurance or since i have my
drivers lisence i can start
driving. my mom said that im
already insured because it
already has full coverage is
that true or does she have to
add me or what???
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I have seen many people on here say that you are automatically covered when your parents have full coverage, including insurance agents. This is not true of all companies. Call your insurance carrier and ask. It is a lot easier than finding out after an accident that you are not covered. |
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How long is a insurance My insurance called me
yesterday and informed me that
they would be cancelling my
insurance because I have
rented my house to a group of
students. They gave me two
weeks to find new insurance
before they cut me off. I'm
having trouble finding someone
who will insure us. If they
cut my insurance, my bank will
cancel my mortgage, and I
guess that means I'd lose the
house. Is this insurance
company allowed to drop me in
this manner. When we got the
insurance two months ago there
was nobody living in the
house, but it was rental
insurance. We never lied or
anything, we were completely
honest through the whole
process.
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most insurance policies range from 30 to 90 days on a cancellation for non payment. You need to stop and read your policy carefully. If this is a home owners policy there is likely an exclusion for using the house as a business. When you bought the insurance you were probably purchased it through an agent. He didnt care what you told him. all he wanted to do was sale the policy. It's the underwriter that now wants to cancel it. Bottom line. I think that you have two options. 1. Purchase a commercial property insurance policy. (expensive but doable.) 2. Search around and find another homeowners insurance policy and buy 1M dollars worth of umbrella coverage. I'd spend my time looking for option two. The minute you ask about an umbrella, agents will be knocking your door down. |
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What is the type of insurance 1: What is the type of
insurance that covers bodily
injury and property damage to
others?
liability
uninsured motorist
comprehensive
collision
2: What is the type of
insurance that covers you when
you are injured by a hit and
run driver?
liability
uninsured motorist
comprehensive
collision
3: Insurance is based on the
concept of ________ and
__________
profit and loss
risk and loss
risk and return
profit and cars
4: Which type of insurance is
usually required if you
finance your car purchase?
Medical Payment Insurance
Towing Insurance
Rental Insurance
Collision and Comprehensive
Insurance
5: Which of the following is
not a way that a teenager can
save money on insurance?
Getting on his or her parents'
policy
Getting good grades
Driving penalties
Driver experience
6: Accidents that must be
reported are ?
those that caused minor damage
or harm
those that have been fatal
all accidents.
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I didn't study for this test (haha) 1-Liability 2-Uninsured motorist if you were a pedestrian Collision if it's a hit&run in your car 3-Risk & Loss 4-Comp & Collision 5-Driving penalties 6-All of them |
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can a corporation be legally named as beneficiary of a deceased partner on a group life insurance policy application
how can i find the insurance on my fathers auto. because he is now decreased as of 02/26/2007. i now have the car and title.
Help
Most people place their insurance information in the glove box of the car, their wallet, or desk at home. Once you find the insurance company you should call and tell them you need to report a deceased customer. The company csr will forward you to the correct person where you will most likely be asked to provide a copy of a death certificate. This way any money that was paid to the company after his death would be reimbursed. You would need to start your own insurance for you and the car. Choose wisely so you get an intelligent agent, good coverage, and a good price. Never let anyone say this is the best I can do. Check with other agents to be sure. Good Luck and sorry for your loss...
i want to view if my drivers license is suspended or not haveing car insurance and what to do if they are suspended