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All of them do.
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∙ 12y ago
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Does an insurance company pay for a house that has been condemned?
It depends on why it was condemned. Call your insurance agent and claims department and ask them.
How to do audit of insurance company?
What kind of audit are you talking about. Audit's are done all the time on insurance companies. The Department of Insurance audits insurance companies to make sure they have paid claims that they should and not pay claims that they shouldn't. Auditing and accounting firms audit the finances of insurance companies as most of them are publicly traded companies so the SEC also has to approve of their finances. Insurance companies are audited every year and all the time.
How do insurance companies pay doctors?
how to insurance companies pay doctors
Why does the insurance company get paid back the money Isn't that why we pay our premiums?
You pay premiums because insurance companies are a business and they are there to make a profit. Also, the premiums you pay go into a pool of money so the insurance company can pay out claims when necessary.
what is and overhead?
The terms overhead and profit are used together by a business in reference to their profit and expenses. Insurance companies pay overhead and profit on property insurance claims.
I was in an accident an the insurance company will not issue me a check how do i report them?
Insurance companies examine all claims very carefully and if there are any discrepancies they will not pay out on claims. Obviously in your case there was some discrepacy. If you feel that you do deserve compensation then you can contact the insurance ombudsman.
What has the author William M Shernoff written?
William M. Shernoff has written: 'How to Make Insurance Companies Pay Your Claims' 'Payment refused' -- subject(s): Bad faith (Law), Corrupt practices, Insurance companies, Tort liability of insurance companies
Is home insurance claims public record?
Most insurance companies report claims to a national database. You would have to pay to get this information and it has to be about you. Though it's not considered to be public, you could get information on that report that is about someone else.
What is Overhead and Profit?
The terms overhead and profit are used together by a business in reference to their profit and expenses. Insurance companies pay overhead and profit on property insurance claims.
Will homeowners insurance cover damaged tile from the foundation setteling?
No, that is a maintenance issue. Insurance companies don't pay for maintenance on your house.
Why would insurance be affected by where a driver lives?
The incidence of claims pay-outs are tracked by zip code, in the US. If the residents of your zip code are resposible for more accidents that have to paid for by insurance companies, you will pay a higher premium.
Is your insurance affected for car scratch?
Most Insurance companies make their profit by not having to pay for car repairs because of good driving records. Most insurance claims cause insurance companies to pay out money. The only way they can retrieve that cost is to raise the car insurance premium of the insured or raise by a few cents the cost of car insurance spread over many insurers. So, many people do not make unneeded claims to their insurance company if it results in their rates going up.
