Answers provided for informational purposes only – not intended as professional advice on any particular situation. DexYP disclaims all liability for Answers.
- Home, auto and life insurance bundle policy discounts if you use the same provider.
- Discounts for military personnel, federal employees, teachers, first responders and their families.
- Safe driving discounts.
- For those with teenagers on their auto plan, good grades discount.
- Multiple cars discount.
YP AnswersWhen 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....Read More
YP AnswersThe 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....Read More
YP AnswersAgents 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 a rough idea of what the policy will cost. Evaluating the risk associated with a given customer can take time....Read More
YP AnswersInsurance 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....Read More