An insurance company might look at the driving behavior of an individual to determine how much risk they are to insure, which can affect policy rates. speeding tickets will come up in an underwriter's report and may lead to a higher premium.
some insurance carriers may raise your premiums or cancel coverage if you have too many speeding tickets, for example. and if you're involved in an automobile accident caused by speeding, this one incident could void your auto coverage. but paying attention on the road and obeying all traffic laws is safer for everyone, and it will save you money on gas or vehicle maintenance costs too!
it sounds like that person has got a good head on their shoulders (and no need of insurance)! to always offer
how can avoiding speeding tickets affect an automobile insurance policy quizlet?
it's difficult to list out all of the effects that a speeding ticket can have on an automobile insurance policy.
the general consensus, however, is that things will be costly in various ways. speeding tickets may result in increased premiums in your car insurance rates or a decrease in maximum coverage for medical expenses in the event you are involved in an accident with another person. the one positive thing i can think of is that speeding tickets might make you more careful about maintaining a clean driving record going forward and will likely get you to slow down on the roads!
recap: yes, it could get more expensive. and yes, maybe get more safe driving habits from now on too! 🙂
what do insurance companies pay to compensate consumers after a loss copayments deductibles payouts?
insurance companies will typically pay 2/3 of the lost copay and then negotiate with providers about reasonable costs. insurance companies don’t want people trying to file false claims for insurance reimbursement. the best way is to contact your insurance company if you need assistance with filing a claim. but make sure you read the fine print on your policy as it may not be covered by all plans. you can also call medicare at 800-633-4227 regarding their price negotiation program which helps consumers with out of pocket expenses incurred by shortages in prescription drug coverage and overcharged provider bills, but you must have part d medicare benefits for this program to apply to your claims and policies.
which statements best describes disability insurance?
disability insurance is a type of life insurance policy that is intended to provide a lump sum cash benefit if the insured becomes disabled and isn’t able to work.
the cost of disability insurance varies by provider, industry, and experience with employment injury risk. typical coverage includes 50-70% of your income up to around $5000 or $6000 per month. clearly those who earn more will pay more. a good place to start searching is through national websites such as www.ehealthinsuranceoavcxipboahenrtyuefghacdekjwnsvpoajcvtxgllsrsclbgiixesqsonwtxyomvtuygvkucpdpia
which statement best describes the term copayment?
a copayment is the fixed dollar amount that one must pay out of pocket at time of service for a medical expense, before the insurer covers any of the cost.
the term copayment is noted as having multiple meanings in various healthcare contexts, but it's safe to say that its most common meaning relates to the fixed dollar amounts an individual pays at point of time service for out-of-pocket medical expenses. if you want more information on this topic then i recommend checking your options with health insurance providers or researching my informational website. we have lots to choose from so please take some time and see if we can help you find what will suit your needs best! thank you!
