answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What do insurers consider before quoting a price for coverage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is tonsilitis a preexisting condition?

Yes, tonsillitis can be considered a preexisting condition if a person had the condition before seeking medical insurance or treatment. Insurers may classify it as such when assessing coverage or premiums.


Who offers malpractice insurance for tattoo shops?

You'll need to shop around in your the State or province in which your Tattoo Shop is located. Tattoo shops pose a unique risk to insurers. Many companies will consider them a high risk business so you may have to make a lot of calls before you find coverage. One Market that may be able to provide insurance coverage for you could be Lloyd's of London. Try looking for an agent that has access to London Markets. Good Luck


Where can I find info on bariatric insurance online?

Bariatric surgery is covered by some medical insurers, although coverage is not automatic. Review your policy or give your insurance provider a call to discuss options. They may have strict requirements before they will reimburse you for the procedure.


What are some examples of service?

Actually this is applicable to both insurers and agent. The insurers issue policy bonds, renewal notices and sends forms before maturity. The agents procure business on behalf of the insurer and offer post sales services for which they are paid commission by the insurers.


What is Patient's bill of rights?

A major goal of the Affordable Care Act is to put American consumers back in charge of their coverage and care.Here are a few key ways these new rules will help do that:Stop insurance companies from imposing pre-existing condition exclusions on your children;Prohibit insurers from rescinding or taking away your coverage based on an unintentional mistake on an application;Ban insurers from setting lifetime limits on your coverage and restrict their use of annual limits on coverage;Ensure that you can choose the primary care doctor or pediatrician you want from your plan's provider network;Eliminate the need for a referral to see an ob-gyn;Prohibit insurance companies from requiring "prior approval" before you seek emergency care at a hospital outside your plan's network.


What are the bill of rights of patient?

A major goal of the Affordable Care Act is to put American consumers back in charge of their coverage and care.Here are a few key ways these new rules will help do that:Stop insurance companies from imposing pre-existing condition exclusions on your children;Prohibit insurers from rescinding or taking away your coverage based on an unintentional mistake on an application;Ban insurers from setting lifetime limits on your coverage and restrict their use of annual limits on coverage;Ensure that you can choose the primary care doctor or pediatrician you want from your plan's provider network;Eliminate the need for a referral to see an ob-gyn;Prohibit insurance companies from requiring "prior approval" before you seek emergency care at a hospital outside your plan's network.


What are the patients Bill of Rights?

A major goal of the Affordable Care Act is to put American consumers back in charge of their coverage and care.Here are a few key ways these new rules will help do that:Stop insurance companies from imposing pre-existing condition exclusions on your children;Prohibit insurers from rescinding or taking away your coverage based on an unintentional mistake on an application;Ban insurers from setting lifetime limits on your coverage and restrict their use of annual limits on coverage;Ensure that you can choose the primary care doctor or pediatrician you want from your plan's provider network;Eliminate the need for a referral to see an ob-gyn;Prohibit insurance companies from requiring "prior approval" before you seek emergency care at a hospital outside your plan's network.


Can you start a quote with three dots?

Yes, if you are leaving out anything in that sentence said before the part you are quoting


What should I know before buying affordable life insurance in miami?

Before purchasing any life insurance you should consider exactly how much coverage you may need, what your general health is and how much yoru looking to spend per month.


What should I know before choosing a wireless internet service provider?

Before buying wireless Internet service one should consider two items: cost and coverage. Rate plans vary greatly among various service providers. You should choose a plan that best meets your patterns of use of the internet with respect to time online and quantity of data. Coverage is also important. Study coverage maps to determine if service will be available when and where you need it.


What factors should one consider when doing a car insurance comparison?

Before you start doing the comparison, it is imperative to have some basic information on the companies you select. Apart from this, you should also consider the type of coverage you need to find the best prices. As you will be having the best options in front of you, you will be able to make a final decision with confidence. This will also help you to obtain the best coverage at a low price.


Using The Internet To Compare Auto Insurance Companies In A Snap?

Anyone who drives a vehicle is required by law to have adequate amounts of insurance coverage. The minimum amount of insurance varies from state to state. However, each state requires some insurance to be maintained on the vehicle being driven. This means that millions of people personally deal with auto insurance. Yet even though most people pay for auto insurance, very few people actually understand what they are paying for. Instead of taking the time to become familiar with the specifics of the policies, they simply pay the amount that the insurance company is requesting. But there is a huge problem with this.Just About Everyone Is Overpaying For Their Auto Insurance PolicyNot knowing how auto insurance companies determine the amount of coverage to recommend to insurers, and not knowing what factors are used to figure what price to set the premium at, inevitably leads to insurers paying too much for auto insurance. Having a little bit of knowledge will go a long way in helping insurers pay a fair amount for just the insurance coverage that they need.Two Reasons Why People Are Paying Too Much For Auto Insurance:1. Auto insurance companies are recommending more coverage than necessary. Insurance agents are salespeople that get paid a commission based on the amount of coverage that they are selling. The more insurance coverage that insurers buy from them, the bigger their commission checks will be. The problem with this scenario is that it causes insurance agents to suggest coverage that insurers may not need or ever use. For instance, an insurance agent may advise a driver to get a high amount of Personal Injury Protection coverage. This covers the medical expenses if the insurer gets injured in an accident. However, if he is already is paying for premium healthcare that would already cover medical expenses, getting the Personal Injury Protection would be a waste of money.2. Insurers are not comparing the quotes from enough auto insurance companies. Insurance companies base the premiums that they will charge for their policies on the risk attached to both the driver and the vehicle being insured. What people don't consider is that every auto insurance company uses their own method for evaluating and pricing risk. So every auto insurance quote that a driver gets will be different. Sometimes drastically different. Since most drivers only get one or two quotes before making a buying decision, there is a great probability that they won't be finding the least expensive auto insurance policy. Therefore, it is highly recommended that drivers get as many insurance quotes as they can before deciding on an auto insurance company to get coverage from.When it comes to auto insurance, falling into the majority is not a good thing. Drivers that want to make certain that they are getting the best deal on insurance should understand the different types of insurance protection so that they are not paying for unnecessary coverage, and they should get quotes from as many auto insurance companies as they can. Saving on insurance is that simple.