Input: How To Calculate Voluntary Life Insurance?

Output: Please be more specific with your question . Is this for a employer group or for an individual ? Is the employer contributing all or part of premium or is this 100 % employee paid ? The answer varies depending on what needs to be accomplished . Many times the amount is some percentage of salary other times it 's simply a fixed amount chosen based on the income of the employees .


Input: Who Has The Best Rates For Term Life Insurance?

Output: There is not one company that has the best rates for Term Life Insurance . Some companies are running low right now for those with great health ; others are best if there is a health condition that requires adding on many `` tables '' . Some are best for young people while others have the best rates if you are applying at an older age . Some have a sweet spot of 15 year Term or 30 year Term . It is just impossible to pick out the one with the `` best '' rates due to all those factors . To find the best rate for you , visit a website that offers instant quotes from many companies and try out different term lengths . Then call that agency to make sure that you qualify for the policy shown .


Input: Who Has The Best Rates For Term Life Insurance?

Output: The best rates for life insurance will depend entirely on you . Your age , health , gender , height and weight will determine your discounts from standard rates . Which company is best ? Lots of them . Some companies are best if you 're 30 or 50 , or female or purchasing 500,000 . The thing for you to consider is working with an independent agent who can show you several companies .


Input: Who Has The Best Rates For Term Life Insurance?

Output: The company or agency that offers your best rates for Term Life Insurance may be different than the company or agency that has the best rates for someone else . You can go to an online quote engine that offers `` instant life insurance quotes '' to see the companies that have your lowest rates .


Input: Who Has The Best Rates For Term Life Insurance?

Output: There are a number of factors involved in determining the premium or `` rates '' for a given life insurance policy . In addition to the length of the term , the age , gender , health and tobacco use or not of the insured , as well as the amount of insurance , there are `` riders '' that may be added to the basic policy . In general most of the insurance companies that specialize in Term insurance have rates that are fairly competitive with each other and typically lower than the companies that specialize in permanent insurance . There may be a bigger difference in the rates for various riders or if the health of the insured warrants it , the `` table ratings '' assigned to different health conditions . With all the above considered , In my experience - for a basic term insurance policy the following companies usually come in with the lowest quotes : Protective , Transamerica , Genworth , Banner , Prudential . My advise is to work with an experienced insurance adviser / broker who can help you to determine your actual need for insurance and then implement the right policy for your particular needs .


Input: Who Has The Best Rates For Term Life Insurance?

Output: It is impossible to know which company has the best rates as everyone has a unique situation , need , age , occupation , health status and life style that determines those rates . I suggest using an independent life insurance broker that can shop multiple companies for your unique situation to find you the best rate for your needs .


Input: Who Has The Best Rates For Term Life Insurance?

Output: The best term rates are posted online by several life brokerage outlets . But rates online may not tell the whole story because everyone 's individual health and personal activities are different and sometimes even the state you live in determines the best company for term life insurance . There also appears to be a distinctive sub category for short term versus long term life insurance , i.e. some carriers price significantly different at shorter guaranteed periods than longer durations .


Input: Who Has The Best Rates For Term Life Insurance?

Output: It 'll be different for each person . There 's no one carrier who offers better rates than everyone else . This is because there are many factors that go into the premium calculations for life insurance including their age , gender , amount of coverage they want , how long they want the coverage for -LRB- guaranteed to age 90 , 95 , 100 , 121 , etc. -RRB- , and their risk classification -LRB- determined by the medical history -RRB- . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Please keep in mind - every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . I would suggest consulting with an experienced life insurance broker who can work with you on a personal level and help determine what coverage is appropriate/suitable for your needs and budget and which carrier will work best for your program . I hope the information is helpful - please feel free to contact me for assistance with your program and if you have any further questions . Thanks very much .


Input: Who Has The Best Rates For Term Life Insurance?

Output: That is a great question ! While most companies will have fairly similar rates , the `` best '' rate will be determined by what coverage you want , and for how long . You will find that your health issues can make a big difference in rates between companies , so it is always a good idea to have an independent agent -LRB- one not tied to a specific company -RRB- do the footwork for you . I hope that helps , thanks for asking !


Input: Who Has The Best Rates For Term Life Insurance?

Output: I would suggest looking at an instant term life insurance site in a couple of ways . Some local agents may provide an instant quote on their website . You can search for `` life insurance quotes '' and see which are offering quotes . Some sites may say quotes but they are a contact form . Some sites are actual quotes and show up immediately . You can call the agent at your convenience if you have questions . Some agent site allow you put in your application right away and get the process started . Another option is Term4Sale.com . It has a online quote then it will show your 3 agents . Look for one with a local phone number and give them a call . If you have a long term health issue , you are better served calling an agent that is independent with multiple carriers and find the best fit for you .


Input: How To Continue Health Insurance When Changing Employers?

Output: When changing jobs , deciding how to address your health insurance needs in the gap period between employer sponsored health insurance plans is both simpler and more complicated than ever before . The size of the employer group you are leaving will impact on your planning as well . If your employer has less than 20 employees then state continuation of coverage provisions will apply , these vary from state to state but they are usually for shorter periods of time than the Federal COBRA law requires . Employers with 20 + employees are subject to the Federal COBRA guidelines where most employees can continue their coverage for up to 18-months . Your continuation of coverage options to consider now in 2014 are ; 1 -RRB- Continuation of Coverage through Your Existing Employer 's Health Plan - you will need to notify your former employer of your intention to continue your coverage under their group plan within 63-days of your last day of employment . You must make premium payments in full and remit them in a timely manner to your former employer -LRB- or their administrator -RRB- each month to keep your coverage in effect . 2 -RRB- Short Term Medical Insurance - if you are healthy and pre-existing condition issues are not a personal concern and if you are confident that you will be obtaining new employment with benefits in the next several weeks to months then Short Term Major Medical Insurance may be an alternative to consider . Just because you can continue with your former employer 's coverage does not mean you are required to or that you will find it affordable . Short Term Medical plans are often far less expensive than group health insurance plans and in some cases may even offer you more coverage than your employer 's plan . A note of caution : Short Term Medical policies do not meet the minimum coverage requirements under the Affordable Care Act -LRB- ObamaCare -RRB- so a person covered by such a policy may find themselves subject to the individual mandate tax penalty for the period of the year they are insured under such plans . 3 -RRB- Obtain Individual Major Medical Insurance - maybe your prospects for being quickly hired somewhere else are not strong at this time or perhaps you are considering taking a new career path -LRB- e.g - consultant , freelancer , contractor -RRB- , having health insurance independent of your employer may be the best solution . In this event you will want to explore your health insurance plan options both inside and outside of the government health insurance marketplaces and whether you would qualify for any premium tax subsidies . 4 -RRB- Qualification for Medicaid/CHIP , etc. - depending upon your income level and/or other life circumstances you may have to explore your coverage options under various state and/or Federal health benefit plans for you and/or your dependents . 5 -RRB- Go Without Coverage - not my recommendation but it is an option and an option than no small number of people choose each year . Considering the potential financial risk of an uninsured illness or injury this is really only an option of last resort and a person faced with such a situation should pursue their government coverage options if possible . That should pretty well cover all the possible ways to address your coverage needs between jobs .


Input: How To Continue Health Insurance When Changing Employers?

Output: When you are changing employers , you will be forced off of your group health insurance through your old employer . You will then have several options : 1 -RRB- Go on COBRA - you will be required to pay 102 % of the health insurance premium . Your employer usually paid for a portion of the premium so you will now be paying your portion , your employer 's portion , plus the 2 % overage . Please note , you can only stay on COBRA up to 18 months . 2 -RRB- You will have a qualifying event for a special enrollment period to buy a new individual health insurance policy . Under this scenario , the ACA grants you 2 months from your group coverage termination date to buy an individual plan . 3 -RRB- Join your new employer 's group health insurance plan . Please note , as many employers require a term period of employment before you can go on their group plan , you may want to consider going on COBRA or buying an individual plan -LRB- traditional coverage or a short term health plan -RRB- as an interim measure . I hope the information is helpful - please feel free to contact me for help , including quotes and plan comparisons , and if you have any other questions . Thanks very much .


Input: Is This A Good Time To Buy An Immediate Annuity?

Output: The best time to purchase an immediate annuity is when you need to establish a lifetime income stream . This is the unique feature of an immediate annuity . You can not live too long because the insurance company continues payments for as long as you live . If you have a sum of money and want to maximize the monthly income , an annuity is usually the best option .


Input: What Is Whole Or Universal Life Insurance?

Output: Whole life and Universal Life are two types of permanent life insurance . Whole life can be participating or non-participating . Participating can receive dividends , whole life typically has guaranteed premiums and cash values . The `` investment '' is done for you and the policy does not require much if any management other than paying the premium . Universal Life is more flexible than whole life , it is an `` unbundled '' permanent insurance policy . The premium is flexible between a minimum and maximum . You can choose between various cost of insurance options such as yearly renewable term or level . You have a variety of investment options to choose from . In short you get to , and need to make decisions to manage the policy . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: What Is Whole Or Universal Life Insurance?

Output: Whole Life is designed to last your whole life . Your premiums will cover the the cost of insurance protection until the day you die , or else pay you the money in a lump sum if you do not die by a certain age . Whole Life also has a savings component that allows you to borrow from the cash value , if you desire . Universal Life also has the components of insurance protection -LRB- death benefit -RRB- plus savings -LRB- cash value -RRB- . But UL can be designed in a multitude of ways , and it can be further adjusted while the policy is in existence . E.g. . You might want your Universal Life policy to have a large face amount when your children are in the home , but then reduce the face amount to simply pay for final expenses when you are older . You have the flexibility to do that with Universal Life . Not only that , but when you reduce the face amount , you might be able to also reduce or quit paying premiums . Or you can keep paying the same premium and cause your policy to build up extra cash value . A word of caution when buying Universal Life . It is called permanent life insurance , but it is not guaranteed to be permanent unless you choose a UL policy that states that guarantee . Thankfully , there are guaranteed no lapse UL policies on the market ; even those where you can `` dial '' the guarantee to make the policy last to whatever age you choose . As with Whole Life , if you borrow from the policy , you must pay the money back with interest to ensure that your death benefit will be paid per the terms of the contract .


Input: What Is Whole Or Universal Life Insurance?

Output: These are permanent forms of life insurance , as opposed to term life insurance , which is temporary , and whose premiums change after a fixed number of years . With Whole and also with Universal , you are building equity , from which you may borrow tax free . With Whole , you have the commitment of the carrier that they will invest your funds and you will appreciate value , never losing . With Universal , you have the ability to appreciate income and tie some or all of it to various markets . With Index Universal , you are guaranteed a minimum , and a maximum , so regardless of the market going up or down , you will not lose and can make quite a bit more than with Whole life . Your call . Thank you . GARY LANE .


Input: What Is Whole Or Universal Life Insurance?

Output: Whole life and universal life are the dominant permanent insurance plans . The whole life plan provides a level death benefit for life in exchange for a level premium deposit . The universal life removes the guarantees and provides flexibility in premium payment and even death benefit . The key issue is that the design for both plans is to pay a death benefit . In order to do this they must accumulate cash that is more than necessary to pay immediate death claims . This is because in the future , death claims will far exceed the premiums .


Input: Who Is Covered By Disability Insurance?

Output: Social Security covers disability events for most Americans . Some employer sponsored group plans include short term or even long term disability insurance . You can purchase individual disability insurance for yourself online via several brokerage outlets . Some employers pay for disability insurance for their key employees as a retention benefit and as a recruiting incentive .


Input: What Information Do I Need To Get Car Insurance?

Output: To get car insurance you would need at minimum you would need the vehicle identification numbers of all vehicles that you are getting coverage for , the drivers license numbers of all personsto be covered , the dates of birth of all persons to be covered , address of persons to be covered , garaging address of vehicles , and other personal information of parties to be covered along with required payment by carrier .


Input: How Much Will Renters Insurance Cost?

Output: The most expensive renters policy is the one that was never purchased . The cheapest renters policy is one that covers your entire claim . Whether it is liability or loss of property , inadequate or non-existing renters coverage is the most expensive . Consult with a knowledgeable agent and carefully weigh the risks . Regardless of what you pay in premiums , a well-designed plan will be the cheapest in the long run , particularly if there is a large claim .


Input: How Much Will Renters Insurance Cost?

Output: That is a great question ! A lot of the answer will depend upon where you live , and how much that you want to insure . A policy in a high crime area will obviously cost more than one in a safer area , and a smaller coverage amount a lot less than a higher one . That said , the typical policy averages at just less than $ 20 per month , but to be completely fair , I have no idea of where that number was derived from in the statistical study , so it may be a little more or less , where you live . But it should give you a budgeting point . I hope that helps , thanks for asking !


Input: Can You Sell A Term Life Insurance Policy?

Output: Term life insurance does not have any cash value , so is usually not the type of insurance that people can sell in a life settlement . If the insured person is in very poor health or very advanced age , and there are many years left on the policy , it may be possible to sell it .


Input: Can You Sell A Term Life Insurance Policy?

Output: A term life insurance policy would not have much value but it could be sold . I am not sure where to go in order to market your insurance policy but I suppose someone might be interested in buying it . Purchasing an existing life insurance policy is like placing a bet and hoping that a tragic event takes place before the policy expires .


Input: How Much Is Car Insurance Through USAA?

Output: The rates that they have are VERY competitive . In Montana it is VERY rare that anyone can get a lower rate then USAA . They have some fantastic rates and excellent coverage 's . Many of times I have sent away clients telling them that If they are with USAA then they should stay with them . I have never heard anything bad about them at all . I will say the renters and homes are a tad high in our area but the autos are fantastic . Even If I do not write with them I have sent many clients to them .


Input: Who Is Monumental Life Insurance Company?

Output: Monumental Life Insurance Company is a sizable 31 billion asset life insurance carrier with ratings from the following rating services : A.M. Best Company -LRB- Best 's Rating , 15 ratings -RRB- A + -LRB- 2 -RRB- , Standard & Poor 's -LRB- Financial Strength , 20 ratings -RRB- AA - -LRB- 4 -RRB- , Moody 's -LRB- Financial Strength , 21 ratings -RRB- A1 -LRB- 5 -RRB- , Fitch Ratings -LRB- Financial Strength , 21 ratings -RRB- AA - -LRB- 4 -RRB- , Comdex Ranking -LRB- Percentile in Rated Companies -RRB- 93 as of July 3 , 2013 .


Input: Can Police Tell If You Have Car Insurance?

Output: Based on my education and experience in the industry up to this point -LRB- at least in Wisconsin -RRB- ; the police do not have any way currently to verify if you have insurance or not except for asking for your POI when you are pulled over . I have heard that other states require a licensed driver to show proof of insurance before renewing their license or registering a vehicle which may allow the police in those states to verify the presence of insurance coverage .


Input: Is Critical Illness Insurance A Waste Of Money?

Output: If you have family health history that includes chronic illness or a genetic disposition to disease , then critical illness insurance is a good defensive posture for future medical bills . When youre young and generally healthy , the premiums are relatively inexpensive . Critical illness can also be a supplement to high deductible medical insurance .


Input: Is Critical Illness Insurance A Waste Of Money?

Output: I had a client in his 40 's who had a Sroke . He was unable to work . He had health insurance at work which payed some of the Medical but he still had deductibles and copay 's that mounted into the thousands of dollars . He needed additional help while his wife worked to try to make up for the lost income . He nearly lost his home while he was waiting to get Social Security Disability . Do you think an additional $ 10,000 or $ 20 , 000 would have help him ? Some critical illness policies have a return of premium option . There is nothing to lose and everthing to gain with a Critical Illness policy and they are not real expensive . Yes , I think they are worth it !


Input: Is Critical Illness Insurance A Waste Of Money?

Output: If you purchase Critical Illness Insurance and then never suffer a life threatening illness of the type that would cause a benefit to be paid by the policy , you probably would look at the policy as a waste of money -LRB- unless it was such a comfort to you to know those funds were there , that it was worth the premium for that peace of mind -RRB- . If you did collect on the policy , you would not feel it was a waste of money . It is very hard to answer that without knowing the future . But that is the nature of all insurance . It is protection against the unknown and the `` what if 's '' of life .


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: Typically , on most car insurance policies , you have up to 30 days of coverage when you purchase a vehicle and it is replacing another vehicle . The coverage matches the coverage you had on the previous car . For example , if you had $ 50,000 per person of bodily injury and $ 100,000 per accident , along with $ 250 deductibles , the new vehicle would also have those limits . Each policy may be different so do n't assume you have 30 , 10 , or even 5 days of coverage . Contact your agent when you are considering buying a vehicle and he/she can review the estimated rate along with the length of time you have to add the car to the policy . If you are purchasing a new vehicle , and your existing coverage is `` liability only , '' it 's critical to add the car to your policy before it is driven . Also , be aware of the date you will be charged for the new car coverage . It may not be as `` free '' as you believe , if the vehicle is added effective the day of purchase , and not the day of reporting ! IMPORTANT : Answer was provided by Edward Harris , one of the premier auto insurance authorities in the US . His website , Carinsurancezoom.org , provided free online quotes and the lowest car insurance rates from top-rated companies in your area .


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: Great question ! I always recommend doing it right away , especially if you have a loan on the vehicle . Most companies will give you 30 days to add the new vehicle to your auto policy however . If there was a claim filed within those 30 days , it might be a longer process due to not having the vehicle listed on your policy , but it would be covered regardless . Hope this helps !


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: All personal automobile policies offer some automatic coverage when purchasing a vehicle . This coverage varies from policy to policy and also varies from state to state . One thing that you should be aware of is the limitation on this coverage . All personal automobile policies specifically state that to have automatic coverage on newly acquired vehicles , all vehicles owned by you must be insured with the same company . Basically , if you have a policy with X company and another with Y company , this completely eliminates automatic coverage of a newly acquired vehicles . In this situation you would have to have an agent with the company desired to provide the coverage bind the coverage for you . It just would n't happen automatically .


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: Safest bet is right away . Although you have a window from the state as to when your coverage can begin there is no window if your car is involved in an accident . Whenever you plan to drive a car you should have it insured . This protects both you and the other motorists .


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: Your state probably requires that you have auto insurance before you drive out the dealers driveway . Your current policy may well provide coverage for a specified period of time -LRB- usually 30 days . -RRB- Many consider that free coverage . That is not the case as the policy on the newly acquired car will revert back to the date of purchase . The best idea is to provide the dealer with evidence of current coverage and then call your insurance agent with all the details including the VIN , the date of purchase , the price of the car and any coverage changes that are necessary . That way you are covered and that is really the issue .


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: Since the rules on this can change from one state to another , check with a local agent on the rules . In Florida , if you 're buying a car with finance you have to give proof of insurance to take the vehicle off of the lot at purchase . If your car purchase is replacing one vehicle for another , a quick call to your agent prior to finalizing the deal is all that 's needed . If the car is an additional car -LRB- and additional policy -RRB- a new policy will need to be written . This can often still be done with a quick call to your agent , but plan for the expense of starting a new policy .


Input: How Soon After Buying A Car Does It Need To Be Insured?

Output: In most if not all states , auto insurance is required in order to register a car for use on public access roads and highways . So the short answer to your question is right away because you will need to provide an insurance ID card and binder -LRB- if there is financing involved -RRB- to your dealership so that they can complete the transaction and register your car . Be sure to keep your INsurance Professional in the loop when you are shopping for a new car . That is the best way to make sure you have the insurance protection and documentation that you need , at the time you need it .


Input: Is Disability Insurance Required By Law?

Output: Not generally . There are five states that require most all employers carry short term disability insurance on their employees . These states are : California , Hawaii , New Jersey , New York , and Rhode Island . Besides this mandatory short term disability law , there is no other legislative imperative for someone to purchase or be covered by disability insurance .


Input: Can I Get Life Insurance If I Have Hep C?

Output: There are a large number of refugees who have entered our country in the last few years who have Hepatitis C . Some have had this disease for thirty or more years . I have seen some of these people have standard rate life insurance policies issued . For many the Hep C is just a low level irritant with little or no effect on longevity .


Input: Can I Get Life Insurance If I Have Hep C?

Output: That is a great question ! Hepatitis C will not prevent someone from being able to find a life insurance policy . While it may keep them from getting the cheapest , highest benefit policies , there are certainly enough policies out there with adequate coverage that will be available . I would advise that you contact an independent agent who can help you find the best policy for you . Thanks for asking !


Input: Can I Get Life Insurance If I Have Hep C?

Output: Most people with Hep C can get life insurance . If you have normal liver function lab results and have had a biopsy that shows no liver damage , you will have the lowest rates . If you have cirrhosis or fibrosis , have abnormal liver labs , and/or have a history of failed treatment , you may need to use a simplified or guaranteed issue policy . Regardless , there is usually life insurance out there for those with Hepatitis C if you know where to look . Contact an agency that specializes in life insurance for people with Hep C to get your best rate .


Input: Do I Need A Medigap Plan?

Output: I ca n't say that anyone really `` needs '' a Medigap plan but it is a good idea . Original Medicare only covers about 80 % of your hospital and outpatient charges . Seniors with a healthy bank account may not need or desire to purchase a Medigap -LRB- supplement -RRB- plan . While you may be healthy now , your health can change at any time . If you are hospitalized 3 times during a calendar year for unrelated medical conditions you will have to pay a deductible of $ 1184 -LRB- 2013 Medicare Part A deductible -RRB- for each admission . Medicare Part B outpatient charges can become expensive as well . After you have paid the calendar year Part B deductible of $ 147 -LRB- for 2013 -RRB- you are responsible for 20 % of the remaining charges not paid by Medicare . An $ 800 CAT scan can leave you owing several hundred dollars . Your 20 % share of Part B expenses has no upper cap . Medicare supplement plan F covers 100 % of approved Medicare Part A and Part B charges . Do you `` need '' a Medigap plan ? Only you can decide , buy for most it is a wise choice .


Input: Do I Need A Medigap Plan?

Output: A Medigap plan would be needed if it is affordable to you and if it is appropriate for your medical insurance needs . Not everyone needs or even wants one . You are not required to have one . Are your medical out of pocket expenses prohibitive ? A Medigap plan would fill in some of the gaps of your Medicare plan 's deductibles , co-payments and benefit periods . If you decide you need a Medigap plan you will not have to shop around for the differences in the plans . All Medigap plans are the standardized . By that I mean , if you compare Plan K with insurance company `` A '' it will be exactly the same as Plan K with insurance company `` B '' The only difference then would be the cost of the plan . If it fits within your budget I believe it is a good idea to have a Medigap policy .


Input: Who Should Not Purchase Long Term Care Insurance?

Output: Long term care insurance is a necessary part of retirement planning for nearly everyone . If your family has a predisposition for short life expectancy before retirement age , then long term care insurance may not be a priority . If you have liquid assets that can be set aside to the tune of $ 500,000 for assisted living and/or nursing home care , then long term care insurance may not be a consideration .


Input: Is There A Waiting Period For Renters Insurance?

Output: There isnt a waiting period for a renters policy from most insurance companies . When the agent writes the policy and submits it to the company there is a period of time in which the company may decide to not accept the risk . If that happens they will notify the customer and give them a future date at which time the coverage will cease , but coverage remains in force from the inception date until the date of cancellation .


Input: Is There A Waiting Period For Renters Insurance?

Output: Typically , there is not a waiting period for renter 's insurance . Rates tend to be very inexpensive and often you can request an effective date for the day of application or shortly thereafter . A renter 's policy will cover your personal contents along with many other items . Liability and medical pay -LRB- to others -RRB- is included .


Input: What Is Revocable Life Insurance?

Output: All life insurance is revocable . The word revocable simply means that you have the option to cancel your policy , if you desire . If the policy is owned by an irrevocable life insurance trust , then the trustee would have to make the decision to cancel the policy or change beneficiaries .


Input: Does Safe Auto Offer Full Coverage Insurance?

Output: SafeAuto does indeed offer full coverage and just liability protection . Of course , options will vary depending on the state you reside and the type of policy that is available in that state . Typically , their rates are competitive , compared to other major carriers such as Esurance , Nationwide , State Farm , Allstate , Farmers and many others .


Input: How Much Is Renters Insurance On Average?

Output: Renters insurance rates can vay greatly from carrier to carrier and location to location . Based on my experience thus far in the industry and within my geographic location . I would say a rough estimate of the cost of renters insurance within my area would be approximately ten to twenty dollars per month .


Input: How Much Is Renters Insurance On Average?

Output: The renters insurance coverage is rated based upon : 1 . Geographic Area : two identical policies with same limits will be charged at a different rate in Portland , OR and Seattle , WA . 2 . Personal property replacement cost -LRB- or ACV - actual cash value -RRB- 3 . Personal liability limit 4 . Loss of use limit You can get an instant quote and compare renters insurance proposals on WEBSITELINK


Input: How To Compare Homeowners Insurance Rates?

Output: Comparing rates for homeowners insurance coverage is fairly easy if all you are looking at is price . The easiest way would be to contact two or three local agents in your area and request a quote . Price is only a small portion of the insurance equation . The most important thing is to have a local agent that you are comfortable working with and that can help point out the coverages that you truly need not the standard cooker cutter coverages .


Input: What States Require Short Term Disability Insurance?

Output: The states that require short term disability insurance are California , Hawaii , New Jersey , New York , and Rhode Island , as well as Puerto Rico . Most of these states require employers to provide short term disability insurance benefits to their employees . California also offers its own state disability disability insurance plan .


Input: Is Short Term Disability Insurance Needed?

Output: Short Term Disability Insurance is intended to cover people if they have minor health conditions , injuries , or pregnancies that cause them to be off work for a few months -LRB- up to a maximum of 2 years -RRB- . If you have enough savings to cover you if you are off work for approx 6 months , you may not need to purchase Short Term Disability .


Input: How Does Employment Status Affect Car Insurance?

Output: Although many auto insurance companies do ask for employment status and possibly basic info , it does not have any impact on your rate . Employment status questions are asked as a way to screen drivers from buying the wrong kind of auto insurance . For example : if you are a delivery driver , companies want to make sure that you understand that there is no coverage on a personal auto policy while making deliveries -LRB- you need commercial auto insurance for that -RRB- .


Input: Why Is It Important To Have Life Insurance?

Output: Life insurance provides a solution to a number of problems . First i provides peace of mind in knowing that your loved ones are cared for in the event of your death . The loss of someone you love not only presents a financial burden , but also an extreme emotional burden Life insurance helps reduce both . It provides money to not only pay the final expenses , but it can also pay off the mortgage insuring that your loved ones can stay in their home , help pay for their child 's education , and help provide an income for your family . Life insurance can also provide protection in a business partnership and other applications . It is also a great estate planning tool . The reasons for life insurance are multiple .


Input: How Long Does It Take For Life Insurance To Be Paid Out?

Output: Here is where the rubber meets the road . A high quality life insurer will handle the vast majority of claims within a 7 day period . Submit all the information needed and a check should be presented by the end of a week . If there are any questions , or any delays in giving the information to the insurance company , expect a few days more . Ultimately , your choice in picking insurance companies is a direct reflection on how long your family will have to wait to see their money -LRB- if ever -RRB- . Thank you . GARY LANE .


Input: How Long Does It Take For Life Insurance To Be Paid Out?

Output: State life insurance commissioners monitor companies to ensure that life insurance proceeds are paid out in a timely manner . The beneficiary should receive the life insurance death benefit within two months of submitting the completed death claim and the insured person 's official death certificate to the life insurance company .


Input: How Long Does It Take For Life Insurance To Be Paid Out?

Output: When an insured dies , the beneficiary making the claim on the policy will need to send in a completed claim form and a copy of the death certificate -LRB- some carriers may have an additional form - varies by carrier -RRB- . Once these items are received by the carrier , they will pay out the claim to the beneficiary . So , in short , it just depends on how long it takes the beneficiary to make the claim and send in the necessary paperwork . From there , I would expect it to take the carrier a couple of weeks for them to process everything and send the proceeds to the beneficiary .


Input: How Long Does It Take For Life Insurance To Be Paid Out?

Output: It really depends on the customer service level and procedures of the your particular life insurance company . Regardless it is fairly quick . All carriers will require a certified copy of the death certificate and usually a short form , one or two pages , with some details . Most all life insurance companies will pay their death claims in a very timely manner once this documentation is in place .


Input: What You Should Know About Long Term Care Insurance?

Output: Consumers should become as knowledgeable as the can be about the risk of taking too long to die . For starters , find out what the costs for care are in the area in which you intend to retire and/or spend the latter part of your life . Call local care facilities and home care services and request a listing of costs for each facility and level of care . You can also get an idea of not only today 's estimated costs but what those costs might be in the future by going to this website : WEBSITELINK . Click on the state you want , then use the down arrow on the left side of the page to find the locale within that state that corresponds to your latter-years living area . Then , click on `` Future Costs '' to see how much the same care might cost when you need it , years from now . Understand that no long-term care insurance policy can possibly guarantee that it will pay all of your health care costs after the point that you ca n't take care of yourself any longer regardless of how high a premium you pay . Consult with an experienced insurance agent that specializes in long-term care . It is a specialty . Most agents that are licensed to sell it do n't know very much at all about it . If it happens to you , statistics are useless . But , here are a few that you should know when assessing if you want to buy insurance and how much of it would be worth the outlay in premium : - The average claim lasts about 24-26 months -LRB- i.e. the insured dies -RRB- - Of those that go beyond that period of time , over 90 % of claims are settled within five years . - To date , I believe that the record for a single claim is just over $ 1.4 MM . - Take projections of future cost with a grain of salt because it is not known what new medical technologies will come along , nor is it known what new care strategies might be available 20-40 years out . If you can afford the premiums on a $ 300/day , 2-year pool of money -LRB- it could last longer than that -RRB- with no inflation rider on the policy today , you can probably afford some type of long-term care policy . If not , it is a waste of money to buy any insurance policy that you ca n't afford now and know you wo n't be able to afford it in the future .


Input: Does Allstate Renters Insurance Cover Flood?

Output: I used to be an Allstate agent , but it does n't matter where you purchase your Renter 's policy . Flood is exluded on the policy . Butif you have water damage from a pipe breaking or the toilet over flowing , those type of water damages would be covered.If you areworried about flood , you can buy flood insurance even if you dont ' liive in a flood zone and even if you rent .


Input: Does Allstate Renters Insurance Cover Flood?

Output: Flood insurance is handled through the Federal government only and sold through insurance carriers . Renters insurance as well as homeowners insurance does not cover flood damage of any kind . You must purchase flood insurance as a seperate policy . Contact a local agent to find out availabity for this coverage within your area .


Input: When Was SBI Life Insurance Started?

Output: SBLI Life Insurance started in 1907 . Boston lawyer Louis D. Brandeis helped pass Chapter 561 of the Acts of 1907 , an act that allowed Savings Banks to sell life insurance in Massachusetts . The Whitman Savings Bank took up the charge by establishing the Savings Bank Life Insurance Department and SBLI was started .


Input: What Does Accidental Death Life Insurance Cover?

Output: Accidental death life insurance only covers death due to accident , such as car accident , falls , drowning , etc. . Life insurance , on the other hand , covers death due to accident or any other cause . Far more people die from natural causes -LRB- illness , complications of medical treatment , etc -RRB- than accident . Therefore , accidental death coverage costs less than life insurance because it pays out far less often than life insurance does .


Input: What Does Accidental Death Life Insurance Cover?

Output: If you have an accident policy you should read through it carefully . It is very common for accident policies to have a lot of conditions and exclusions . For example it may state that you must die within 90 days of the accident itself in order for the death benefit to be paid . Other common exclusions are for death while committing a crime , death while intoxicated or under the influence of drugs . While we often like to think that we will die of accidental causes -LRB- especially young people -RRB- , that is simply not the case . As Peggy mentioned above , accidental death policies have much lower premiums than life insurance policies because there is a very small risk of death by accident . One final consideration is if the financial impact to your family will be different depending on the cause of your death . Will your family need more money if you die in a car accident versus having a heart attack ? If anything , death by natural causes may bring more financial burden if it is preceded by a lengthy illness . You can use an accident policy as a supplement to your life insurance , but never as a replacement .


Input: How Much Is Home Insurance?

Output: Home insurance is tailored for a specific residence . If your home is identical to another in the neighborhood , you might get a good indication of the price of homeowners insurance by talking to the property owner . The premium for a homeowners policy is based on the location of the property , the cost to rebuild the residence , the value of the contents , the age and condition of the property . There are other underwriting considerations .


Input: Will Car Insurance Cover Slashed Tires?

Output: It may . If you have other than collision -LRB- comprehensive -RRB- coverage on your auto insurance policy then your policy may provide coverage for your slashed tires less the policy deductible . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Why Get Whole Life Insurance?

Output: Why get whole life insurance ? I ca n't give you a reason why you should , only why I did . I wanted a locked in price the day I bought it , till the day I died . I wanted something to work both if I died too early or lived too long . I wanted something I owned , that could not be taken away later on . I wanted to control the policy , not the insurance company . I wanted to take away an insurance company 's ability to say no to me . I wanted a safe place to put money to let it grow , to cover for my other investment choices . I wanted a place to access cash if needed , where I did n't have to explain to a guy in a cubicle `` why ? '' and get his blessing . If any of these reasons work for you , by all means consider the choice .


Input: Why Get Whole Life Insurance?

Output: Whole Life Insurance offers features that many other types of life insurance do not . Not all of these are part of every Whole Life policy , but some of these features are : > Coverage that will last a lifetime . > Cash value accumulation that can be accessed for personal use by tax free loans . > Dividends . > The ability to pay up your entire premiums in a limited number of years . > The ability to quit paying premiums and still have a policy of some value .


Input: Why Get Whole Life Insurance?

Output: Whole Life Insurance is the oldest type of insurance within the family of life insurance . Whole Life Insurance is full of guarantees which other policies do mot have . These guarantees include the death benefit , the premium you pay for coverage and the cash value in any given year . Other popular features include dividends which can be paid to you or back into the policy , paid up insurance , additional life insurance by adding inexpensive term riders . And more depending on the company . Company specific additions may include a critical illness rider , disability protection for accident only or accident and health .


Input: What Does Home Insurance Cover In A Flood?

Output: NOTHING ! So good question . Flood is outside ground water entering your home through windows and doors , NOT seepage thru cracks or failure of the sump pump . Flood damage is covered only with a flood insurance policy and coverage for flood damage to any area of the home is very limited . Seepage is not going to be covered at all . And coverage for water damage due to sump pump failure is not typically an automatic coverage on homeowners insurance but usually an available option . Talk to you insurance professional , he/she can help .


Input: What Does Home Insurance Cover In A Flood?

Output: A homeowners policy doesnt cover any loss for property inside a structure that is caused by dust , rain , sand , sleet , snow or water which enter the house through an opening not made by the direct force of the wind or hail . That means that you really need a flood policy . 25 % of property losses in the USA are the result of flood . The problem is so great that insurance is underwritten by the Federal Government . Agents generally , have access to flood coverage for your home and many companies will discount your homeowners policy if you have a valid flood policy .


Input: How To Pick Long Term Care Insurance?

Output: The policy provisions and their definitions are extremely important and need to be defined to the satisfaction of the potential policy owner before the policy is purchased . The options for long term care insurance are limited and a few niche companies for special scenarios . But the overall pick based on policy perks and long standing history in the LTCi market is Genworth .


Input: Is Selling Life Insurance Lucrative?

Output: Selling life insurance is a performance based position . Since it is based on commission there is no upper limit on what you earn . You provide insurance based financial solutions to : living too long , dying too soon or getting disabled . In other words the more people you help , the more you earn . The good news is your are in charge of your own destiny , the bad news is , you are in charge of your own destiny . I know life insurance brokers who earn $ 25,000 a year and others that earn a million or more . If you are considering life insurance sales as a career , ask agents/brokers in your locale for their opinion . If ypu have further questions , or if I can be of assistance , please do not hesitate to contact me .


Input: Is Wet Rot Covered By Home Insurance?

Output: In general , no , home insurance will not cover wet rot . A homeowners policy is there to protect you from the sudden and accidental , not the ongoing . To file a claim , you have to be able to pinpoint what happened and when it happened . Wet rot describes a long time , ongoing circumstance . Your homeowners policy is designed to make you whole after an `` occurrence '' . It 's not designed to maintain your home . If you have a condition that could , potentially , damage your home , it 's the homeowners responsibility to correct that condition to protect your home from future damage . This brings up the question of the cost of your homeowners insurance . Every claim impacts the loss ratio of your company and , ultimately , your rates . Want to control the cost of your homeowners insurance ? Take a higher deductible and pay for the smaller things yourself . You 'll save money in the long run .


Input: Can A Home Insurance Company Drop You?

Output: Any Home or Auto insurance company can drop you . Home insurance is not guaranteed renewable . The company has a right to drop you or raise your premium at each renewal . This can be done because of claims experience , deterioration and maintenance of your home , or in some cases a company will pull out of an area or state completely . This happened in Florida because of the frequency of hurricanes .


Input: Can A Home Insurance Company Drop You?

Output: An insurance carrier may decide to cancel or non-renew a client if the client no longer meets the carriers standard for providing coverage . A client could also be dropped or non-renewed by a carrier if the coverage provided was approved under false information or fraudulant acts . If you receive a letter of cancellation or non-renewal from your current carrier you should contact your local agent to either contest be dropped or non-renewed or they may be able to help you secure coverage else where .


Input: Can A Home Insurance Company Drop You?

Output: A insurance company will look at any insured or potential insured and weigh the risk involved . After the riskassessmenta company can make an offer for insurance . Should the risk change significantly a company can chose to eitherincreasethe premium associated with the risk or chose to no longer carry the risk . Keep in mind when a insurance company is renewing you it is an offer of renewal .


Input: Why Is Medicare Taken Out Of My Check?

Output: The Medicare system is funded through current budgetary dollars , the social security system is structured in the same way . All individuals age 65 and over along with anyone who is permanently disabled automatically qualify for medicare . The `` premiums '' are deducted from workers wages in part because of the assumption that contributing a small percentage from ones paycheck is far less of a unreasonable financial burden then paying a larger percentage over a shorter period of time from ages 65 to death after becoming permanently disabled .


Input: Can Unmarried Couples Share Car Insurance?

Output: Depends on the carrier . Some companies recognize domestic partnerships while others do not . Often this depends upon how their rates are filed with the Insurance Department in the specific State . Often , there are significant savings when you find a company that allows domestic partners on the same policy . You typically get `` married '' rates and potentially multiple vehicle discounts .


Input: Can Unmarried Couples Share Car Insurance?

Output: Some companies , but not all will allow more than one person in the household that is not a direct relative or spouse of the insured to be on the same policy as long as all parties share the same residence . Contact a local agent within your area to find out what is available .


Input: Does Medicare Cover Veneers?

Output: Veneers are thin , custom made covers for teeth that improve the look of the teeth and smile . Since Medicare does not cover services or supplies for the purpose of cosmetics , it does not cover veneers . This has held up even when the veneers were applied in conjunction with medically necessary surgery for the jaw .


Input: Can You Add Money To A Fixed Annuity?

Output: That is a great question ! The answer is that it depends upon your specific annuity . Mine allows me to add within the first year . Yours may allow it , or may not . There also may be adjustments to payment periods or charges , so be sure to ask your agent when you contact them to find out about your contract terms . Good luck , and thanks for asking !


Input: Why Is Disability Insurance Important To Have?

Output: Disability insurance is very important to have because it 's paycheck protection . After life insurance , disability insurance is the most critical coverage . Most American workers have 90 days in cash reserves , so spending between 3 and 5 % of your compensation to protect it can pay off with the odds of you being disabled once in your working life .


Input: Why Is Disability Insurance Important To Have?

Output: Disability Insurance is what pays your bills if you are unable to work . When you buy Long Term Disability Insurance , you pick an elimination period that can be from a month or up to a year , with the most common elimination period being 3 months . When you are determined unable to work due to illness or injury , your elimination period starts counting down . When that time is up , your Disability Insurance starts paying you cash . By that time , most people have had to dip into savings and/or make other adjustments to their lifestyles , just to get by . Having Disability Insurance to pay them a large percentage of their paychecks is important for financial , emotional , and possibly even physical reasons .


Input: Why Is Disability Insurance Important To Have?

Output: Disability Insurance can pay you a monthly benefit should you ever become sick or disabled . It 's commonly thought that you do n't need disability insurance if your job does n't put you at risk , but people fail to realize that 90 percent of disabilities are caused by illnesses , not by accidents . Whether you break your leg skiing , get cancer or havea mental nervous problem , disability insurance can protect your income when you 're unable to work .


Input: Where Should I Buy Life Insurance In New York?

Output: To buy life insurance in New York , you can go to a website that offers it , look through your Yellow Pages and call an agency , or ask friends , relatives or co-workers for a referral . When purchasing online , you can use the quote engines and put in New York to see if they offer policies there . New York has its own companies so not every agency does business there .


Input: Where Should I Buy Life Insurance In New York?

Output: New York state is highly regulated . Go online and visit trusted life insurance related websites/blogs to do your research . You can easily shop and compare life insurance rates from many top life insurance carriers , without exchanging personal information . Work with an independent life insurance broker to find the best available rates in New York .


Input: Where Should I Buy Life Insurance In New York?

Output: Hello , In order to buy Life Insurance in New York State you must consult with an honest agent and fair agent that explains to you about the policy and how you benefit from the policy . There are different forms of Life Insurance which are Whole Life , Universal Life and Term Life . There are also some other types of Life insurance depending on your needs . The best way to buy is from a secure company with a high financial rating . Also look for lowest rates and other riders that can be added in order with alow rates . Other products from Life Insurance Companies will be Critical Illness Insurance which is Cancer , Stroke , Accident , andHeart Attack . It is always best to arrange an appointment with an agent in order to get more information on products and benefits and how they can benefit you and your family . Independent Agents as myself are known to offer a wider range of products and services and lower rates because we deal with a larger base of carriers , therefore , giving you the benefit of choosing the best product for you at the best , and lowest rates . As an Independent Agent , Iworkwith the bestcarriers with strong financial ratings and with a complete heritage that goes way back .


Input: Where Should I Buy Life Insurance In New York?

Output: The state of New York is one of the most highly regulated states in the country . Residents of New York general pay more for coverage . It 's critical in securing the best possible price tag by going online to a brokerage firm that has an extension inventory of New York approved careers to secure the best deal .


Input: Is My Driveway Covered By Homeowners Insurance?

Output: If the driveway is simply cracking , bulging , sinking , being lifted by roots or just plain old wear then this would not be a covered peril . Depending on your homeowners policy you may have other structure coverage if the driveway is destroyed by fire and possible freezing . I recommend you call your agent to further discuss .


Input: How To Get The Best Deal On Auto Insurance?

Output: Auto insurance rates vary per state and per company because they all have their own underwriting guidelines and rules . However , if you want to make sure that you are getting the best rate you need to NEVER have a lapse in coverage , keep your credit score up , have zero tickets , zero accidents , and always carry $ 100,000 / $ 300,000 or higher liability limits .


Input: Can You Get Health Insurance As A Real Estate Agent?

Output: My sick sense of humor almost tempts me to say `` No , real estate agents are specifically excluded from getting health insurance by law '' but I wo n't do that . Yes , you can get health insurance . What you do for a living has no bearing on your eligibility for health insurance , especially now that ObamaCare is in full effect regarding guaranteed issuance of policies . In my experience , most real estate agents are self-employed/1099 contractor status people and not W2 employees of an agency . So , this probably means that you will need to get individual health insurance either through your state 's government health insurance marketplace or outside of it . So , just like you would tell those `` For Sale By Owner '' folks , you need to seek out an experienced health insurance agent who can assist you in obtaining coverage . If you have been without health insurance for more than 60-days and have n't had what is called a `` change of life status event '' -LRB- marriage , divorce , childbirth/adoption , loss of other coverage -RRB- then you are in a time frame where you would be ineligible for enrollment in true major medical insurance until the next annual open enrollment period begins on November 15th , 2014 and the earliest your coverage could go into effect would be for January 1st , 2015 . I hate to be the one to deliver this news but that is how ObamaCare works . Your only coverage option to carry you through until then would be to take out a Short Term Medical insurance plan . There are a variety of short term medical plan options available . However , you need to be aware that short term medical plans do still use limited underwriting questions , can decline a person for coverage and they do not cover pre-existing conditions . Please feel free to contact me if you need advice or assistance in this matter .


Input: Does Renters Insurance Cover Travel?

Output: Most renters policies provide coverage for personal property away from the residence . The amount of coverage is usually a percentage -LRB- 10 % being common -RRB- of the personal property limit . There are additional coverages that can be added for high value items , such as jewelry . That coverage extends to the full value of the identified property , all the time , anywhere and without a deductible .


Input: Is Group Life Insurance An Erisa Plan?

Output: That is a great question ! To be an ERISA plan , the group policy has to be paid for by the company and the employees - not an insurance company . It is A Federally regulated plan , so there has to be a defined plan in place that specifically states what is covered , and what you pay . This type of plan is not very popular these days , as the employers cost is becoming increasingly expensive , and as employees age and file more claims , more and more unprofitable , and in many cases , underfunded as the amounts determined by employers back in the day were n't enough to keep up with the rising costs of health care . As a result , most plans offered by employers are not this type of plan . If you would like more specific information , please feel free to contact me , I 'm happy to help . Thanks for asking !


Input: Why Is Kit Car Insurance Cheap?

Output: The rates for different types of insurance are typically based on the perceived and experienced risks within each category of insurance coverage . Kit cars are typically vehicles of relatively low cost and limit to exclusive use by many of their owners . They are typically not an everyday usage item . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Why Are Annuities A Good Investment?

Output: Non-qualified tax deferred and immediate annuities can be part of an income strategy for suitable savers or investors . The tax deferral features of annuities are particularly attractive for high tax bracket Americans who have mid to long term financial goals . Immediate annuities can provide tax advantage strategies like those used in bond laddering techniques based on contract periods like 10 and 20 year payout periods . But immediate annuities with a life only payout can generate guaranteed income you cant outlive .


Input: Who Pays Home Insurance When Renting?

Output: The entity that is renting the property to the ` renter or renters ' is typically the homeowner policyholder . It could be an organization , corporation or individual who holds the homeowner policy . The owner of the residence pays for their own policy . They are the ` landlord ' in common terms . The renter may be required by the owner , to carry a renter 's insurance policy but the two policies are different . Even if the renter is not required to have a renter 's policy , it is a wise move to purchase one , as the premiums are usually relatively low and the coverages are fairly extensive , primarily for losses and damages to personal property and also for liability coverage for accidental injury to others .


Input: How To Create A Life Insurance Trust?

Output: To create a life insurance trust , you need to enlist the help of both a life insurance agent and a tax professional . They will help you create a life insurance policy that is owned by an irrevocable life insurance trust , and help you choose who to manage it . You need to use expert help because this can not be undone .


Input: Will Medicare Pay For Shingles Shot?

Output: Medicare Part D will pay for shingles shots . The Medicare Prescription Drug Plan , or a Medicare Advantage Plan with Prescription Drug -LRB- MA-PD -RRB- , are used for shingles vaccinations . These will pay both the cost of the vaccine and the cost of administering it , when using a Medicare approved provider .


Input: Can You Get Life Insurance On A Non Relative?

Output: You can get life insurance on a non relative if you have an insurable interest in that person . E.g. if you and your boss have been talking about you taking over the business someday , you could take out a life insurance policy on your boss so that you are able to purchase the business in case of his death . Or perhaps you loaned a neighbor money to rebuild his house after a fire . You could take out a life insurance policy on your neighbor of the amount that you loaned him , so you would get repaid if something happened to him .


Input: What To Look For When Choosing Homeowners Insurance?

Output: The first thing I recommend looking for is appropriate coverage . Your homeowners insurance should have enough dwelling coverage to cover not only the cost of rebuilding your home , but also cover the clearing and removal of debris is your home is destroyed . All too often , I see homeowners policies that ONLY cover the cost to rebuild . If you do n't have enough to clear the debris , you could get stuck with that cost yourself -LRB- and that cost is in the neighborhood of $ 30,000 ! -RRB- . If the cost to rebuild your home becomes MORE than your coverage , is there anything in place to help pay for that ? For example , Farmers Insurance will include an extra 25 % of the dwelling coverage . So , if your home coverage is $ 100,000 , and it ends up cost $ 125,000 to rebuild your home , Farmers Insurance would pay that amount -LRB- minus your home deductible -RRB- . The final thing I would point out would be the deductible . In many cases , if you have never had a claim , you can have a lower deductible . However , many insurance companies are moving to a higher deductible model -LRB- usually as a percentage of the dwelling coverage -RRB- . So , if your dwelling coverage is $ 200,000 , your deductible would be 1 % of the dwelling , or $ 2,000 . I recommend finding a company that offers a deductible you feel comfortable paying .


Input: What To Look For When Choosing Homeowners Insurance?

Output: Look for the right agent . Ask your colleagues , neighbors , friends and family . Work with someone you can trust . Make sure they get accurate information from you and transmit that to their home office . Make sure that the policy you receive is exactly what you ordered . This agent should provide you with an estimate of the cost to rebuild your residence , review that carefully . The agent should also make a recommendation about optional coverages such as water damage and law and ordinance coverage . Finally , but probably most importantly the agent should advise you on an appropriate amount of liability insurance . A lawsuit could exceed the value of your home and that would be miserable .


Input: What To Look For When Choosing Homeowners Insurance?

Output: A home is typically the largest purchase one makes . And as such caution needs to be exercised when choosing an insurer and agent/broker . You will want to first start with companies you knoware prominent in the area and sound financially . There are resources online to verify finanacial stability -LRB- A.M.Best -RRB- and consumer satisfaction -LRB- J.D.Powers . -RRB- Then talk to a few insurance professionals . Ask family and friends who their professional is to start . The one or several that take the time to survey your home and sit down with you to learn your needs and wants and review all the available options with you will prove your best bet to having the appropriate coverage at the best possible price .


Input: What To Look For When Choosing Homeowners Insurance?

Output: You should look for an agent who will visit the property before doing an application . This is necessary so they can tell you if there is things the insurance company will require that could affect your rate or could cost you a lot of money to repair/replace . The agent should go through the included coverage in detail and give you an expection of how to contact them - even after hours - or the insurance company directly . They should also walk you through the claims process and what to expect if something bad happens .


Input: How Much Critical Illness Insurance Do I Need?

Output: The best way to answer this is to first determine what you are wanting to cover . For example , are you looking for paying the mortgage with this benefit and for how long ? Do you need to replace income , and for how long ? You get the idea . You can get up to $ 500,000 of coverage generally speaking if you have the budget for it . Neil makes a great point about bankruptcies . Those are accurate statistics .


Input: How Much Critical Illness Insurance Do I Need?

Output: There seems to be lots of questions revolving around `` how much insurance do I need '' . Without having a crystal ball , it 's impossible to answer . Critical Illness generally encompasses heart attack , stroke , cancer , renal failure , etc. . If that happens , you will have extra expense -LRB- out-of-pocket expenses , possible travel , etc -RRB- . But will you also have lost income?Approximately 65 % ofbankruptcies are due to medical bills . And about 60 % of the people that went bankrupt HAD HEALTH INSURANCE !


Input: How Much Critical Illness Insurance Do I Need?

Output: Long term care is running between $ 36,000 and $ 80,000 per year on average these days . The qualifier for critical care is typically when a person is unable to perform 2 or more of the 6 daily basic tasks unaided . So how much critical care insurance do you need ? That would depend on how long you might need long term care . When you purchase LTC insurance as a stand alone policy it can be very expensive . However you can add a LTC rider to many life insurance products at a very reasonable cost and that will avail you of 80 % or more of the face benefit of the policy if needed for long term care .


Input: How Much Critical Illness Insurance Do I Need?

Output: Critical Illness Insurance pays a lump sum benefit if the insured person is diagnosed with a life threatening illness such as stroke , advanced cancer , Alzheimer 's , organ transplant , coronary bypass , and others . Each policy has different criteria , and some pay out reduced amounts for illnesses that are not as advanced . It is difficult to anticipate what benefit is needed before the event would actually occur , and seems more like a personal preference .


Input: What Is Reliance Life Insurance?

Output: Reliance Life Insurance Company is based in India . It looks like they have a nice portfolio of products/options for customers to choose from and work with . The include , of course life insurance , a term life , savings and investments , retirement plans , child plans & health plans plus more which I have not looked at . I would encourage you to look this company up online for all the full details .


Input: What Exactly Is A Deductible In Health Insurance?

Output: A health insurance deductible is the amount you must pay before your benefits `` kick in '' and begin paying -LRB- for most services - some benefits , such as preventive care , provide coverage immediately -RRB- . The deductible amount varies by plan . For example , under the new Affordable Care Act , a catastrophic plan may feature a $ 6,350 deductible , a bronze plan may feature a $ 6,000 deductible , a silver plan may feature a $ 3,000 deductible , a gold plan may feature a $ 2,000 deductible , and a platinum plan may feature a $ 0 deductible . These figures are not the same for all plans on each metal level . It 's always helpful to consult with an experienced health insurance broker when you 're looking for coverage . Brokers have the knowledge and experience to help you determine which carriers ' plan will be most suitable for your needs . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: When Is A Good Age To Buy Life Insurance?

Output: Purchasing life insurance when youre health is an optimal time to buy , but you need to provide a justified reason to purchase it and your beneficiaries need to have insurable interest . Most young married couples buy life insurance to indemnify each other because of their debts : student loans , credit cards , mortgages , car loans etc. .


Input: When Is A Good Age To Buy Life Insurance?

Output: Any time is a good age to buy life insurance , if you have a need for life insurance . If you have poor health there will be fewer choices and the price will be higher . But persons with poor health often have a great a need for life insurance , and are relieved to find a product that can pay their loved ones more than they are able to save up for them .


Input: Does Renters Insurance Cover A Hurricane?

Output: Hurricane damage is covered in most renter 's policies with exceptions and limitations . Damage to the landscape may have incidental coverage . Certain items of personal property -LRB- money , jewelry , silverware , guns , for example -RRB- are subject to limits in the policy . If the damage is sustained due to flood , waves or an overflow of water that enters through an opening in the house or even through the sewer , damages may not be covered . If the direct cause of loss is power interruption , damages may not be covered .


Input: Does Renters Insurance Cover Dog Bites?

Output: Your renters insurance policy has a personal liability coverage which may cover a dog bite depending on several factors . The most important is that the type of dog was not an excluded breed by the insurance company and the dog does not have a bit history . Otherwise you should be covered . I recommend you further discuss your specific policy coverage 's with your agent .


Input: Does Renters Insurance Cover Dog Bites?

Output: Yes it does . You have liability coverage on your Renter 's policy . It usually comes with $ 100,000 of coverge which would cover a dogbite . This is why the agent will ask you if you own adog and what kind . Many companies will not insure you if you own certain breeds such as Pitbulls or Rottweilers .


Input: Is Homeowners Insurance Mortgage Insurance?

Output: No . Homeowners insurance covers physical loss and liability suits . You can add on separate endorsements for scheduled property , campers , recreational vehicles and etc. . Mortgage insurance is insurance purchased in the event you default on your mortgage . Think about it in these terms : when you get a mortgage the bank wants to be added as a loss payee in the vent the house -LRB- its collateral -RRB- is destroyed . It also wants protection in the event you lose your job or decide to stop paying . Sometimes bank purchase this coverage , but in other circumstances first time borrowers with bad credit and a low down payment may be required to purchase mortgage insurance . I hope this helps .


Input: Does Type 2 Diabetes Affect Car Insurance?

Output: Based on my limited education and experience in the field as of this point , I do not believe that any prospect is asked about whether or not they have diabetes and if they do what type they are . The diabetes question may be something that is asked by the DMV for licensing though .


Input: Will Health Insurance Pay For Impacted Wisdom Teeth?

Output: That will depend on the nature of your wisdom teeth removal . Most claims for extractions are sent to your dental insurance first . If the wisdom teeth are what 's called ` boney impactions ' , then the claim will be sent to your health insurance company to coordination benefit with your dental plan , as ` boney impactions ' are covered under health insurance .


Input: What Should My Renters Insurance Cover?

Output: A renters policy should provide sufficient liability coverage to handle a lawsuit should one arise . The coverage is for personal injury and property damage . Then the policy should provide enough coverage to make you whole should your property go up in smoke . Remember that the landlord is not responsible in either of these situations .


Input: How Do Hybrid Annuities Work?

Output: Hybrid annuities are fixed indexed annuities , equity indexed annuities , or variable annuities with a rider that offers lifetime income . Some also offer enhanced death benefit , long term care , and/or home health care . Hybrid annuities work by allowing the buyer to invest funds in a fixed account as well as variable account . The fixed account provides the guaranteed funds and the variable components provide for greater return by investing in non-guaranteed securities .


Input: How To Fight A Long Term Care Insurance Denial?

Output: If you are talking about a denial to an application for long term care insurance , there are several steps you can take : 1 -RRB- Find out the reason for the denial . 2 -RRB- If the reason is a mistake -LRB- e.g. your medical records say you were diagnosed with CHF but they later found out you did not have CHF -RRB- , get a letter from your doctor succinctly explaining that , along with correct medical records , if possible . 3 -RRB- If the reason was high blood pressure at the insurance exam , high cholesterol on their labs , etc , offer to pay for a blood pressure reading at your doctor 's office , or a new blood test . Declines for any type of insurance are usually final , but sometimes you can reverse them . Using an agency that has lots of experience with impaired risk cases helps .


Input: How To Fight A Long Term Care Insurance Denial?

Output: In my experience , if you feel convinced that you are not receiving the benefits outlined in the contract , you should hire an attorney . Hopefully the cost to secure an attorney will not be prohibitive for you . Most insurance companies have a significant legal department that can only be confronted by an attorney defending your interests .


Input: What Are Medicaid Qualified Annuities?

Output: Medicaid qualified annuities , or `` Medicaid friendly annuities '' , are annuities that can sometimes be used by couples when one person in the couple enters a nursing home . One spouse is able to keep half their assets and the home he/she lives in , the other spouse must spend down the other half on nursing home care before becoming eligible for Medicaid . Rather than spend down those funds , the spouse entering the nursing home transfers the money to the other spouse , who puts it in an irrevocable , immediate annuity that is set to pay the at-home spouse an income up to the number of years left in his/her life expectancy . Consult a knowledgeable elder law attorney in your state to see if this is allowed in your state , and to know all the pro 's and con 's before endeavoring to take out a Medicaid qualified annuity .


Input: Is Medicare Managed Care?

Output: Not in the strictest sense , Medicare Part A , Part B & Part D are not Health Maintenance Organization type plans . Medicare Advantage plans , which have proven increasingly popular since their introduction , generally do embody the concepts of a managed care plan though some can be more oriented towardsa PPO/POS network approach while others embrace the more classic HMO model where their members must use only contracted providers to received their care .


Input: What Are The Different Types Of Disability Insurance?

Output: The types of Disability Insurance that you can buy on your own come in two types : Short Term Disability Insurance and Long Term Disability Insurance . Of the two , Long Term Disability Insurance is most commonly purchased . When provided by an employer , Sick Leave is also a type of Short Term Disability Insurance .


Input: Does GMAC Have Life Insurance?

Output: GMAC does not offer traditional life insurance ; it 's products are mainly in the property and casualty arena and it does offer some health insurance . GMAC has a Credit Life insurance plan that pays off the balance of the debt to the lender in the event of the borrower 's death .


Input: How To Evaluate Auto Insurance Companies?

Output: There are several criteria that you could use , however , my recommendation is that you select an agent that you can trust . The company is important but not critical . State Insurance Commissioners are obligated to make sure that the companies that they admit to do business in your state will honor the promises that they make . On the other hand , the agent can guide you into wise decisions regarding limits and coverages . At the time of claim the company will perform but they will only perform to the limits that you and your agent set , so make sure you have an agent that you trust .


Input: Who Are The Largest Home Insurance Companies?

Output: The largest by a significant margin is State Farm which has more than 20 % of the market in terms of written premium . Industry figures from 2012 indicate a total of $ 15 billion in premium . -LRB- That 's not property values - That 's premium ! -RRB- The next closest is Allstate at about 10 % of the market . The next eight carriers of the top ten , each having no more than 3 % or so of the market , are : Farmers ; Liberty Mutual ; USAA , Travelers ; Nationwide ; Chubb ; Citizens and American Family . Here in Florida , if you can be insured with any of these carriers , with the exception of Citizens , you have a strong National company behind you , in the event of losses . Many of them do not write in Florida , especially if coverage for the peril of wind is included .


Input: Will Medicare Pay For Diabetic Test Strips?

Output: Yes , Medicare provides coverage for diabetic test strips under Part B - they 're viewed as a type of durable medical equipment -LRB- DME -RRB- . You must be enrolled in Medicare and be diabetic to have the test strips covered . In general , Medicare will cover approximately 80 % of the cost - you will be responsible for the other 20 % .


Input: Will Medicare Pay For Diabetic Test Strips?

Output: Medicare covers testing strips - under Part B. Medicare Part A & B only covers 80 % of anything , but if you have a Medicare Advantage plan or a Medicare Supplement - this helps cover all or most of the 20 % you might be left with . Some Medicare Advantage plans cover the strips at 100 % , some would leave you with a small copay , insteadof the full 20 % . Check with your Advantage or Supplement plan to find out exactly what you will pay for your strips . Belinda myseniorventure.com/answers


Input: Will Medicare Pay For Diabetic Test Strips?

Output: Diabetes Supplies & Services Supplies : Medicare Part B -LRB- Medical Insurance -RRB- covers some diabetes supplies , including : Blood sugar -LRB- glucose -RRB- test strips Blood sugar testing monitors Insulin Lancet devices and lancets Glucose control solutions Therapeutic shoes or inserts Part B covers some diabetes services , including : Diabetes self-management training Yearly eye exam Foot exam Glaucoma tests Nutrition therapy services -LRB- medical -RRB-


Input: Does Universal Life Insurance Expire?

Output: Guaranteed universal life generally has a maturity or endowment date in the policy contract . There are some life insurance companies that use phrases like life of the insured . As long as the guaranteed premium is pad on time it should n't expire . But generally speaking current assumption universal life insurance has variables that have the potential to under perform which could lead to a policy lapsing or expiring .


Input: What Is The Average Cost Of Health Insurance?

Output: The average cost in the country for a health insurance plan is $ 328 per month - however , this is only reflective upon a silver level plan -LRB- not all 2014 state figure averages are available yet -RRB- . While you can try to come up with an `` average '' cost , there 's too many factors that go into premium pricing to say how in relation that compares to you . In short , an `` average '' premium is a rather useless figure to the individual . It 's only representative to a large group - you could have people paying a small nominal amount -LRB- after factoring in subsidies -RRB- per month to several thousand dollars per month . Even for that there 's a ton of information to sift through to get an accurate representation . Under the new Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . You may be able to qualify for a subsidy that can be used to reduce the cost of your health insurance premiums . I always recommend consulting with an experienced broker . We can help you determine the plan that 's going to be most suitable for your needs and budget . Please let me know if I can be of further assistance . Thanks very much .


Input: How Does A Joint Life Insurance Policy Work?

Output: A Joint Life Insurance Policy is known by a few names : survivorship , second to die and my personal favorite last one out -LRB- just kidding . -RRB- Survivorship was originally conceived to correlate with the Marital Deduction Act in the eighties when the law allowed the state to pass between spouses at the first death tax free , i.e. taxes then are due at the second death of a married couple . The economic leverage of survivorship is significant and can address several inheritance strategies like estate taxes , charitable giving and making a difference for your children , grandchildren and maybe your great grandchildren as our societys life expectancy appear to be heading for age 100 .


Input: How Does A Joint Life Insurance Policy Work?

Output: Joint life insurance is usually referring to joint second-to-die which is also known as survivorship life insurance . These policies insure two lives and became popular with the advent of the unlimited martial deduction in the early 1980s . It has become a common way to provide for estate liquidity . Priced at a lower premium than two single life policies , survivorship policies pay nothing at the first death . The policy death benefit pays at the death of the second insured to die . While readily available at one time , joint first-to-die life insurance policies are no longer available from A rated carriers that distribute through life insurance brokers .


Input: How Does A Joint Life Insurance Policy Work?

Output: A joint life insurance policy , or `` second-to-die '' or `` survivorship '' policy , pays the death benefit upon the death of the second person . This means that if a husband wants to leave the death benefit for his wife , he would not want to purchase a survivorship policy with his wife being the other insured person . Keep in mind that both persons on the policy must pass for the death benefit to be paid out .


Input: When Does Long Term Disability Insurance Start?

Output: Long term disability insurance generally has a waiting period or `` elimination '' period that needs to be satisfied before benefits are generated . If you are addressing individual disability insurance , one of the most popular waiting periods is 90 days . Most Americans have about 90 days in cash reserves , so establishing your cash reserves will help you determine you disability elimination period .


Input: When Does Long Term Disability Insurance Start?

Output: Disability insurance policies usually start paying benefits once the elimination period is completed after the diagnosis that causes the disability . Elimination periods commonly vary from 30-60-90-120-180-360 days . Most good policies will go back and pay the first day of disability as well once the elimination period requirements are met on top the ongoing benefits as well .


Input: What Is The High 3 Retirement Plan?

Output: You are probably referring to a defined benefit pension plan that uses the highest three years of earning as a factor in the benefit formula . Defined benefit plans , although quickly disappearing , compute the benefit by using a formula . The earnings on the fund are immaterial to the participant . Members do not have separate accounts in a defined benefit plan . Normally the benefit is a combination of factors , age , years of service and perhaps others , which is then multiplied by salary . In this case it is the average of the highest three years of salary . That then becomes the starting benefit .


Input: What Makes A Car Insurance Cheaper?

Output: For the best rates having a good driving record is a factor . Either being a good student -LRB- 3.0 or better -RRB- or professional degree may help . Multiple polices with the same company and even multiple vehicles for an over all vehicle to vehicle rate . Generally married runs a better rate then single . Also how much you drive and type of vehicle you drive not to mention the coverage 's you chose all have bearing on your rates .


Input: Where Can I Buy Life Insurance Online?

Output: There are many websites these days that offer online life insurance quotes and the ability to purchase life insurance online . Just perusing the biographies on this website and clicking on the websites for the contributors will lead you to some of them . You could also use a search engine to look for life insurance quotes . One way to narrow it down would be to include any health condition you have in your search query .


Input: Where Can I Buy Life Insurance Online?

Output: You can buy life insurance online from my website as well as many other agents answering questions for InsuranceLibrary.com . The process will vary : some allow you to run quotes ; some just have you input your zip code and someone will call you ; others will be more automated or less automated . Just be sure that you talk to someone who can answer your questions and help you choose the best product to fit your needs and health .


Input: How Long Does A Life Insurance Check Take To Clear?

Output: A check is a check is a check . It will clear like any other check in 3-5 business days . If you need money before the check clears you could go to the bank for a short term loan and use the policy as collateral once the life insurance company has confirmed you as the beneficiary .


Input: How Long Does A Life Insurance Check Take To Clear?

Output: The check will clear just like any other check you put in the bank . Around 5-days is safe . As far as how long to pay a claim ... It varies depending on the company and type of coverage . With most policies you ca n't file the claim until you have a certified death certificate . That can take from 2-days to 45-days to get . Then most life insurance companies will pay the claim within 30-days of receiving the death certificate and claim form . Some companies that specialize in funeral insurance coverage pay the claim within 48-hours with no death certificate needed . If you die within 24 months of taking out the policy , it will be contestible and that will slow down the claim process .


Input: What Is A Qualifying Event To Drop Health Insurance?

Output: Qualifying events recognized under the provisions of the Affordable Care Act -LRB- ObamaCare -RRB- are ; 1 -RRB- Loss of employer health insurance coverage 2 -RRB- Expiration of coverage under COBRA or state continuation of coverage provisions 3 -RRB- Loss of government sponsored plan , including Medicaid or CHIP 4 -RRB- Loss of Minimum Essential Coverage 5 -RRB- Birth or adoption or foster care or legal guardianship 6 -RRB- Marriage 7 -RRB- No longer an eligible dependent -LRB- e.g. - child turning age 26 -RRB- 8 -RRB- Divorce from a policyholder 9 -RRB- Termination of a pre-ACA individual plan during 2014 10 -RRB- Moving to a new area that offers different plan options or moving outside of an HMO service area 11 -RRB- Employer 's bankruptcy resulting in loss of coverage for retirees 12 -RRB- Release from incarceration 13 -RRB- Unintentional error or enrollment/disenrollment in a Health Insurance Marketplace plan is unintentional or erroneous 14 -RRB- A material violation of contract terms by the health insurance plan That 's all folks !


Input: How To Collect Life Insurance After Death?

Output: When a person passes away the beneficiary needs to file a death claim with the Life Insurance Company . The most efficient way of dealing with this is going to be to contact the agent who wrote the policy . Hopefully there is a business card attached to the policy . Call the agent and have him/her come out and help you complete the death claim form , they can get it to the company for you . If not in the policy there will be contact information for the insurance company or you can google the company and on the `` contact us '' . The insurance company will send out a claim form , complete it and send it out , you 'll need to provide all the documentation they request to complete your claim . It should n't take more then 45 days for the process .


Input: How To Collect Life Insurance After Death?

Output: When the policy insured dies , the policy beneficiary or policy owners notify the life insurance company . The company , in turn , sends their death benefit claim form upon request . Once the form is filled out and the additional documents , the death certificate and newspaper obituary are delivered the processing time is between 30 and 60 days .


Input: Is Medigap Worth The Cost?

Output: Is it worth the cost ? Only you can answer that . Medicare covers about 80 % of your health care claims , the rest is paid by you unless you have a Medigap plan . Even the popular Advantage plans have significant out of pocket costs , especially when you receive out of network treatment .


Input: Is Medigap Worth The Cost?

Output: Yes , Medigap is worth the cost of the monthly premium . Medicare Part A & B only covers about 80 % of the cost of your healthcare . The remaining 20 % does not have a cap . You pay 20 % of everything with no max . Why would someone subject themselves and their family to that when they can have $ 0 out of pocket or very little with a Medigap Plan ? A Medigap Plan will cover what Medicare Part A & B does not . Depending on what plan you go with you could have little to no out of pocket . It is far easier to budget a monthly premium knowing you will never have a large expense come when you least expect it .


Input: What Is Simplified Issue Life Insurance?

Output: Simplified Issue Life Insurance is life insurance that does not require an exam . Some simplified issue life insurance policies will order medical records and some do not . Most request a phone interview , or if not that , they require filling out the application over the phone or in person with the agent and signed digitally . Simplified Issue Life Insurance can be used to save time , or else it is used when traditional , medically underwritten life insurance is unavailable .


Input: What Are Medicare Part B Drugs?

Output: Medicare Part B medications are usually provided and given by someone in the doctors office as part of a treatment . There are a couple of exceptions that may be picked up at a local drug store . These include medications to be used in a nebulizer , medications to prevent rejection of a transplanted organ , and diabetic testing supplies . If your doctor wants you to pick any of these up , make sure that the prescription is written following CMS directions or the pharmacy will not be able to bill Medicare . This includes having the diagnosis code written on the prescription , exact quantities and frequency of use , and your name , date of birth , and address written on the prescription .


Input: How Long Does It Take Metlife To Process A Life Insurance Claim?

Output: Metlife does not offer an expected time frame for processing a life insurance claim on any of their death claim materials . They do try to offer explanations that will avoid certain situations to hang up claim processing . Most life insurance claims take from a couple weeks to a couple of months to process .


Input: Does Medicare Pay For A Lift Chair?

Output: Medicare part B covers 80 % of the costs and you or your supplement would pay the other 20 % of durable medical equipment , not chairs themselves but mechanical or hydraulic devices that help to safely lift a person They make it easier get in and out of bed or chair


Input: Does Medicare Pay For A Lift Chair?

Output: Medicare only partially covers lift chairs under Medicare Part B -LRB- only the lifting mechanism will be covered , not the entire unit -RRB- . Lift chairs would be considered a type of durable medical equipment and certain requirements would need to be met for Medicare to provide the coverage for lift chairs -LRB- e.g. being prescribed for use in your home by your physician and/or requesting a certificate of medical necessity -RRB- . Under Part B , Medicare will cover 80 % of the costs of DMEs , leaving you responsible for the other 20 % . A Medicare supplement can help you cover the other 20 % of expenses .


Input: Where Can I Get The Cheapest Car Insurance?

Output: Where can I get the cheapest shoes ? Price is a important factor in any purchase and chances are good that will get what you pay for . In other words look at what you are buying ? Are you just wanting the coverage to be able to use the roads are you expecting that an insurer will step up and defend you , if you cause an accident and will further pay for the damages you cause to other people or their property . Insurance people have an expression . We are not selling shoes . If all you are interested in is price you do n't understand what you are buying > Keep that in mind and also understand that insurer is pricing the product before any information is know about how you drive . It is a complex business and agents can help understand what you are buying and why .