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Can an auto insurance company raise your premium by 100.00 because your a woman?
Celestepsanders2710
No, your insurance can't be raised by $100.00 just because you are a woman. There are a lot of factors involved with the way your insurance is priced.
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∙ 10y ago
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How much can you borrow against a life insurance policy that is term for 10000?
Zero. Term insurance has no cash value from which to borrow. Although term policies do not have cash value, some do offer a rider called the ROP Rider (return of Premium rider). We have known of one company that allowed individuals to borrow against the value of their ROP rider. please contact your agent or the insurance company.
What type of gas does a Lamborghini gallardo take?
10000
Otto wants to take out insurance with 10000 property damage and 25of100 bodily injury How much will he pay for his base premium?
113.00 or 113 it don't matter
What is the journal entry of goods destroyed by fire rupees 12000 insurance company admitted the claim rupees 10000?
Dr Cr By: Loss by fire A/c 2000 By: Insurance Co A/c 10000 To: Goods destroyed by fir A/c 12000
What is the proper adjusting entry at April 30 the end of the fiscal year based on a prepaid insurance account balance before adjustment 16000 and unexpired amounts per analysis of policies 6000?
debit insurance expense 10000 credit prepaid insurance 10000
What are the release dates for Good Company - 1996 10000 Days 1-1?
Good Company - 1996 10000 Days 1-1 was released on: USA: 4 March 1996
What is a good way to invest 10000?
You can invest it in life insurance or anything important like that.
How is 4 a factor of 10000?
Because 4 divides evenly into 10000 with no remainder.
Why was mama getting a check for 10000?
The $10,000 check was from the insurance comapny for the death of Mama's husband.
10000 divided by 1.00?
10000
How many perfect squares are less than 10000?
99, because 100 squared is 10000 and since it has to be less than 10000, it is 99.
How do insurance companies work?
Insurance companies take money from people and pool it together. That pooled money is held in reserve and some invested to grow the pot. The idea is that by spreading out the money across geography and risk levels you can make a profit and pay out claims. Simple Sample (Per month lets say) * Joe: $100 * Jane: $100 * Jack: $200 * Bob: $200 These 4 pay each month for $10000 worth of insurance for their car lets say. If no one ever made a claim it's pure profit. Each month if the insurance company can invest the money and make 10% they would clear $60 a month of invested return. Over time this can be substantial. But lets say Bob's car blows up after beind hit with a supervillians death ray. Bob makes a claim and the insurance company doles out $10,000 dollars. As you can see, as long as they don't have to pay out more then comes in, they can make a profit. Last I heard State Farm has well over 20 billion in assets in their pot. By controlling and keeping a close eye on claims made they can ensure that there is plenty of cash in the pot. But sometimes natural disasters can drastically deplete the pot and require time to replenish. If it goes too low, the insurance company can go bankrupt.
