Engagement Rings: Insurance Pros & Cons »
Insuring your wedding ring saves you headache and heartache in certain situations, but is it really worth it? Find out the pros an…
Insuring your wedding ring saves you headache and heartache in certain situations, but is it really worth it? Find out the pros an…
If you want to avoid entering the hosting hell dimension, here are 10 potential entertaining glitches, and how to avoid them.
As in a court case, the process of mediation provides a method of conflict resolution. However, it is much more informal and does …
When our car was rear-ended at a traffic light, we were taken to the hospital in a world of pain. When I was released days later, there were many solicitations from lawyers who wanted to handle our insurance cases, but we didn’t choose any of them; instead, we contacted the Davis Law Group, P.A., and we were happy that we did. Brian Davis listened compassionately, suggested professional health providers, outlined the steps in our cases, was available by phone and email for all questions that we had, and always acted with integrity. He limits his cases to what he and his staff of very capable assistants, Kristy, Lucas and Mandy, can handle, and they moved our cases through the confusing insurance system maze quickly and professionally, guiding us each step of the way. We are pleased with the settlement Brian negotiated, and relieved that we could avoid going to court. We were surprised at how Brian was able to take the worry off of our shoulders and handle the many details of the case while we worked on our recovery. We are extremely thankful for his help, and highly and unconditionally would recommend the Davis Law Group, P.A. to our friends and neighbors who may need his skilled legal assistance. He does what he says that he will do!
Although it was determined that my case could not be pursued (despite negligence by the defendant), what stood out to me right from the start with Attorney Brian Davis was his personalized and professional approach. He was the third attorney I consulted with on my case and was by far the most diligent. He was detailed in his approach to the matter and always responsive to my emails and phone calls. He took the time to explain his recommendations and he was always honest with me. I never felt rushed in conversations or that m case was unimportant nor did I ever feel like I was an intrusion on his time as some attorneys make you feel. Certainly I was hoping for a different outcome, but I sincerely appreciate Brian's efforts and expertise to follow up on all possible leads on my behalf. Living over four hours from where the incident occourred, this was immensely helpful for me. So even though I will not be able to recoup my losses I can move forward confident that everything that could be pursued legally had been thoroughly investigated. Thanks again.
Although it was determined that my case could not be pursued, (despite negligence by the defendant), what stood out to me right from the start with Attorney Brian Davis was his personalized and professional approach. He was the third attorney I consulted with on my case and was by far the most diligent. He was detailed in his approach to the matter and always responsive to my emails and phone calls. He took the time to explain his recommendations and he was always honest with me. I never felt rushed in conversations or that my case was unimportant nor did I ever feel like I was an intrusion on his time as some attorneys make you feel. Certainly I was hoping for a different outcome, but I sincerely appreciate Brian’s efforts and expertise to follow up all possible leads on my behalf. Living over 4 hours from where the incident occurred this was immensely helpful for me. So even though I will not be able to recoup my losses I can move forward confident that everything that could be pursued legally has been thoroughly investigated.
Attorney Brian Davis is a consummate professional and one hard-hitting lawyer. I liked him from the very beginning with his intense but down to earth approach to handling serious personal injury cases like mine. One of the things I liked best was the way he always seemed to have time to talk or meet with me. I never felt rushed, and he always wanted to make sure that I knew, and understood, what was going on in my case. Even though we had to file a lawsuit, I always felt that he was in total control. Every step was planned out ahead of time, and there were no surprises. He has a great mind and always seems to be thinking several steps ahead of the other side. His staff, Liz & Kristy, were awesome and very friendly. I could not have asked for anything more in an attorney. He gets my highest recommendation. He absolutely earned it. I was very pleased with everything about Brian from beginning to end. And we got a great result!
In January 2011, I was in a van accident that nearly cost me my life. My son in law knew I would need much help after recovery, so he sought out an attorney and he found Attorney Brian Davis. From the day I met Brian, I was immediately assured that he was not only a competent attorney, but was also a man of true concern and compassion for hurting people. He responded immediately and came to see me in the hospital. At one of the most frightening times of my life, he see me in the hospital. At one of the most frightening times of my life, he came with great encouragement and hope that he would do all he could to help me through the tragedy that occurred. I not only had a great attorney, but made a wonderful friend. His staff was so courteous and helped me every time I called. I could not recommend a better person to represent anyone in need, and am very grateful for the outcome.
I rarely write reviews, but after years of flawless service Bill Russell's office deserves one! Through a series of stressful events, I neglected to pay an adjustment to my policy for changing vehicles. I got a reminder call weeks before cancel...didn't have my credit card at the time....so again neglected the bill. An agent called me again as a reminder that the policy "cancelled" due to my not paying, and went above and beyond to make every attempt to get continuous coverage saving me $$$$$ in penalties and unknown grief with the state for a lapse in coverage. They even followed up with a letter letting me know that I didn't have a lapse in coverage! My lack of actions in spite of their taking care of me should have resulted in a huge mess. This office is SUPERIOR in customer service and a huge asset to the State Farm Insurance Co.
A car accident is really just that – an accident. No one plans for it, it’s completely unexpected. For me, the effects of my car accident are something that I will deal with for the rest of my life. The fact that I had an injury from my accident was incredibly frustrating and made me angry. Every day I hurt and relived the accident, I didn’t get any results from the treatment I was receiving and I was so upset every time I would have to talk to the other insurance company about my medical treatment. I finally realized I didn’t have to go through this situation alone, and I could get help. It was the best decision I could have made and I wish I had done it sooner! I received a great settlement due to all of Brian’s and the staff’s hard work.
Ruth has been my Lawyer since 2013 due to an auto accident. I was unable to receive compensation and we went to court March 2017. Ruth was remarkable and handled difficult situations from the other Lawyer with extreme professionalism. We thought we were going to lose due to unforeseen circumstances from the other Lawyer but we did win the case in the end even with all the unfortunate turn of events. Ruth is compassionate and has worked hard with my case. She is a remarkable lady as well as a fantastic lawyer. It is nice knowing she worked so hard for me and I couldn't have asked for a better lawyer. Thanks again for your hard work. You'll never know how much this means.
If it wasn't for Brian Davis Law Group I would be lost. Davis Law Group is a very compassionate. All are very hard working, professional, considerate and very caring people. They explained everything throughout the whole case until I understood everything. They answered all of my questions. I just wish all Law Firms were like Davis Law Group. They look out for all their clients with respect. I wouldn't have any other Law Group represent me but Davis Law Group. I highly recommend them to everyone. I have the most respect and honor for the Davis Law Group. So I thank them for giving myself, my family and most of all my husband the justice that we all deserve.
Jim and Christina are wonderful! They truly made our experience wonderful. Their hospitality made sure that we would return and we will. The house is beautiful, with a front porch with rocking chairs, water fountains, hammock, birdhouses. Inside is spectacular, our room had a jacuzzi tub, ceiling fan, four post bed. Breakfast is served each morning, cooked by Christina. Two course gourmet breakfast. It's an open kitchen where guests can hang out. Wine and locally brewed beers are served in the evening times. Jim, Christina and the young lady at the front desk were very helpful letting us know things happening around town. What a wonderful place! #
To mitigate the risk of loss, people purchase insurance policies from a company. When buying a policy, the person agrees to pay a premium, which is small, regular payment based on the losses that may occur. If the insurance provider determines there is a greater chance of risk as compared to the average policy, the premium is usually higher. Premiums are often paid monthly, and can add up over time up to be greater than the expense of replacing the insured item.
Many types of insurance only cover a certain amount of risk on an item. The amount the policyholder must pay before an insurance policy begins covering an expense is called the deductible. In the event of damage or loss to whatever the policy covers, the policyholder is responsible for the deductible no matter what. If the cost of damage or loss is less than the deductible amount, the insurance company does not pay anything. If the cost is greater than the deductible, the policyholder only pays the deductible, while the insurance pays the rest. Generally, the deductible amount is related to your premium, with a higher deductible usually requiring a lower premium, and vice-versa.
Selecting the right insurance involves careful research and evaluating many different options for coverage. This is why many people use an insurance agent to assist with making the right choice depending on their needs and financial situation. Agents often interview potential or current clients to get an idea of which insurance policies would benefit them the most. Based on their needs and individual risk, agents can often give potential customers a quote, which serves as a cost estimate for a specific policy. This is only a rough idea of what the policy will cost, because evaluating the risk associated with a given customer can take time. Insurance companies often compile an insurance score to quantify the risk an individual poses and calculate premiums accordingly. Credit scores play a major role in insurance scores, but past insurance-claim history is also taken into account.
While agents often specialize in a particular category of insurance, some sell several different types of insurance. Agents can work for a larger insurance company or operate independently, selling policies from several different insurers.
Almost anything of value can be insured to protect against loss due to a variety of circumstances. Insurance policies are very specific in the items they protect and in what event the policy holders will be reimbursed. Some of the most common insurance policies cover things we all use.
Millions of Americans drive a car to get from place to place each day, so it makes sense that auto insurance is one of the most commonly used types. In most states, the law requires drivers to maintain an active insurance policy on any car, up to a certain amount. Most car owners are required at minimum to purchase liability insurance, which protects against damage for which the policyholder is at fault. Liability insurance covers damage to property as well as any injuries sustained in an accident. It's important to note liability insurance only covers damage or injuries of others, not the policyholder themselves. In addition to liability insurance, car owners can also purchase coverage for their own vehicle and medical expenses in the event of an accident. For this purpose, liability, vehicle and medical coverage are often packaged together in a single policy.
Insurance can also be purchased for other vehicles, like motorcycles, ATVs, boats or RVs, and generally functions similarly to car insurance. Policies for alternative vehicles may have higher premiums if they are considered more dangerous, or might include other coverage options specific to the vehicle. Many companies that provide auto insurance will also offer coverage for motorcycles, ATVs, boats and RVs.
Your home, condo or apartment is probably the most valuable thing you own or otherwise pay for, so it makes sense to get it insured. Homeowners insurance is important not just for the security of the house itself, but for its ability to cover possessions inside the home as well. Many mortgage lenders also require an active home insurance policy.
Like auto insurance, homeowners insurance is typically bundled together with policies covering many different items or categories of items. The primary coverage type is for the dwelling, insuring the house itself and all structures attached to it. Policies may also cover property within the home, with premiums varying depending on the value of all assets. Personal liability may also be included for damage or injuries sustained on your property that you are responsible for, much like auto insurance.
Property insurance also may cover certain major events outside of your control. These are known as perils, and may include fire, flooding, natural disasters and other catastrophic events. You may want to purchase insurance against one or more of these perils if you live in a high-risk area. Flood insurance is an exception, however, and can be purchased through the government-sponsored National Flood Insurance Program. Your lender may require this if you live in a flood-prone area.
To help pay for medical expenses, many people rely on their health insurance. With the passing of the Affordable Care Act, almost every American is required to enroll in a health care plan, or they face a penalty. Health insurance works similarly to other forms of insurance, although it is probably used to cover expenses more often, since car accidents and home damage are relatively rare compared to doctor visits and the need for medicine. Health insurance also operates on a premium-deductible model, and policyholders can choose what level of coverage works best for their lifestyle. For example, if you visit doctors very infrequently, you may consider a plan with a low premium and a higher deductible. On the other hand, people who require regular medical care may wish to pay a higher premium in exchange for more coverage from their deductible. Dental and vision care are sold as separate plans and are not required by law.
When someone dies unexpectedly or is injured severely enough to be unable to work, it can be a financial disaster for their family or loved ones. Many people choose to purchase a life insurance policy to support their family in the event their regular income is suddenly lost. Life insurance comes in two basic types: term and universal. With a term life insurance plan, you pay a premium for a predetermined amount of time, usually 10 years or more. If you die at any point in that timeframe, your family receives a death benefit. If you're still around when the term is over, the coverage is canceled and you receive nothing. Universal life covers your entire life, and usually delivers a minimum benefit at death.
Travel insurance is available for individuals who want to protect against unexpected setbacks in the course of travel, whether it's losing luggage or medical treatment abroad. Travel insurance may prove particularly useful for people who travel a lot for work or often visit remote locations. Travel insurance can take the form of either specific or blanket coverage. Specific coverage is useful for covering only certain risks, like medical emergencies or unexpected trip cancelation. Blanket coverage may cover some or all of your expenses for your entire trip.
Pet insurance is a relatively new product that may help cover the costs of medical care for a dog, cat or other domestic animal. Medical care for animals can be very costly, particularly because insurance for them is rare. By paying into a premium, you can help offset the cost of unexpected emergencies as well as routine checkups and medication. While virtually unheard of a few years ago, pet insurance has become more popular as the cost of veterinarian care has continued to rise.
Umbrella insurance is extra coverage from liability for other insurance policies, usually home or auto insurance. Consumers may choose to purchase an umbrella policy if their home or car is more expensive than a typical policy would be able to cover. For example, most car insurance liability policies cover at least $25,000 per person or $50,000 per accident. But if the accident involves a very valuable car, or the victim is willing to pursue legal action, insurance may not even begin to cover the full cost. You may want to hedge your risk by purchasing umbrella insurance to add extra protection to your existing policy.
To receive a payout for an insurance policy, the policyholder must file a claim with the insurance company. The basics of the process are straightforward, but can vary depending on the type of insurance.
Claims Adjusters and Examiners
A claims adjuster or claims examiner is an employee of an insurance company, and the person responsible for evaluating claims and determining if the company will reimburse the policyholder at the amount provided. An adjuster inspects claims related to property damage, as in the case of auto or home insurance policies. Claims examiners are typically involved in health and life insurance, and review medical records to determine the proper payout for major medical procedures.
How To Make a Claim
Filing an insurance claim can be stressful and confusing, but you need to begin the process as soon as possible to make certain you can recover your losses. It's important to note that in the case of emergencies, you should always call 911 first. The safety and health of yourself and others takes precedent over insurance.
Auto Insurance Claim: If you're involved in an accident, you need to call the police right away and have them document the situation. You can file a claim upon obtaining the police report. It's also a good idea, if possible, to take your own notes at the scene. The most important things to record are what happened before the accident, the date and time, traffic signs in the area and road conditions. Also be sure to get the other driver's name, address, license plate number and insurance information. Even photos taken with a cell phone camera can help the claims process. Once you have this documentation, call your insurance company right away.
Homeowners Insurance Claim: In the case of damage, take pictures of the affected area as soon as any safety or health emergencies are resolved. Take note of what happened and all the relevant circumstances and report to your insurer as soon as possible. If any of your possessions were damaged, use an inventory of your important assets and make note of this in the claim. Once an adjuster has made their own report, review it for accuracy.
Life Insurance Claim: Send your insurer a claim form for each beneficiary in the plan, as well as a certified copy of the policyholder's death certificate. With the proper information, life insurance claims are generally straightforward. Problems may arise if the policyholder has died within two years of opening the policy. In this case, an attorney may be needed to settle the claim.
Insurance is a wise investment, but it can make a dent in your monthly budget. Thankfully, there are a variety of ways to trim the fat off your premiums and make certain you are paying only as much as you need.
Shop and Compare
Perhaps the best way to save on any insurance policy is to take the time to compare prices between as many companies and plans as possible. Even after you've chosen a plan and started paying into it, consider looking around again when it comes time to renew the policy. Consider using an independent agent when searching for a new insurance policy. While traditional agents can still find a good deal, independent agents can choose from a variety of providers and tailor your coverage to your specific needs. The Internet has also made comparison shopping easier than ever before. Potential customers can often get free quotes online very quickly.
Buy Only What You Need
Insurance agents will often try to "upsell" on various extra products that may be useful for certain people, but are generally excessive for the average consumer. Stick with basic plans that cover as much as you need without any additional costs. For example, if the annual cost of your auto insurance is 10 percent or more of the total value of your car, drop all but the most essential coverage. This is especially applicable if the car you drive is older and could be replaced with savings. Otherwise, you are paying for insurance that will never actually benefit you in the event of a serious crash. It can help to create a budget and know exactly how much income you have to work with before making a decision on a new policy.
Take Advantage of Discounts
Insurance providers offer a wide variety of discounts for all kinds of special customers or circumstances. In one of the most basic discounts, many companies will offer lower rates for customers who purchase home, auto and life insurance policies from the same provider. Car owners may get a rebate from taking a safe driving course. For those with teenagers on their plan, good grades can earn a small discount as well. Insuring multiple cars with the same provider may also lower premiums. Some providers will offer lower rates for military personnel, federal employees, teachers, first responders and their families.