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Is Geico Insurance Company an admitted Florida insurance carrier?
Yes
What is insurance carrier?
An insurance carrier is the company that holds and supports the policy that you purchase from them. It is the company that issues and upholds the risk associated with an insurance policy. There are many insurance carriers with wide rages of polices and coverages.
If your car insurance carrier paid your medical bills after an accident and the at fault insurance company paid you can your insurance carrier come after you for the money?
yes and they usually do.
An insurance carrier whether a private carrier or a government program is referred to as a?
What is the question? An insurance carrier is an "insurance carrier." Some government programs may not use the term "carrier" but the effect is the same if you are covered and have a loss.
How do you start a title insurance company in Arkansas?
If you are starting a title insurance COMPANY, the actual entity that is an insurance carrier (think 1st American, Chicago, etc.), you will need to contact the Arkansas Department of Insurance as to what their guidelines, reserves, etc. are for becoming a carrier in the state of Arkansas. If you are starting a title insurance AGENCY, the local entity that has a agency agreement with a title insurance COMPANY to sell their insurance products. Please note that a title AGENCY is not the same as a title COMPANY or title UNDERWRITING COMPANY. See the Related Links for more information.
What is it called when one insurance company is repaid by another insurance company?
Subrogation, It's basically when an insured's insurance carrier pays for the damage done to their vehicle, even though it was the other parties fault. The insured's carrier will then go after the other parties carrier for reimbursement.
Is 'significant other' the same as spouse for medicare purposes in California?
This depends on the state laws, and the insurance company. Contact either your states dept of insurance or the carrier you are insured with.
If you were paid by an insurance company 6 years ago to get a new roof but did not and now have a different insurance company on the same house can you make a claim on the roof with new company?
You can make a claim, but if you are claiming the same damages that is insurance fraud and it is a federal crime. If you have unrelated damages you can make a claim, or you can disclose the prior claim to your insurance carrier and they will advise you if there is any coverage that would apply.
Can you be covered by delta dental and aetna dental at the same time?
Yes, you can be covered by multiple dental policies. There will be one insurance carrier as your primary insurance and the second insurance carrier will be your secondary insurance.
Is Demotech Inc a reliable company when rating an insurance carrier?
thats hard to say..AM Best is the gold standard for insurance company ratings... Demotech, while not the best, still gives good predictions of company solvency. I wouldn't be too worried about it so long as the insurance carrier in question is "admitted"
What is the third party carrier?
when an insurance company(x) does not have particular coverage(ex:Earthquake coverage) then they would cover those coverages with the help of another insurance company(Y) by paying a certain percentage of premium to that company(third party carrier) and provides that coverage to their customers. Here Y becomes a third party carrier
Who can sell insurance?
You have to be a licensed agent in the state you want to sell insurance. Also, you need to be appointed by the carrier/ insurance company you want to sell for.
