Archive for January 23, 2011

Homeowners Insurance Claim

Homeowners Insurance Claim on wiseGEEK:

* If they feel strongly enough that the insurer is breaking insurance claim law, consumers can also pursue lawsuits. Some attorneys specialize in insurance claim law and dedicate themselves to what is called insurance recovery law.

* The types of insurance coverage disputes may involve areas as divers as health, automobile, or homeowners insurance claims and will determine how a dispute is handled. Some insurance policies might include exclusions which can limit or disallow restitution for damages sought in a claim.

via Homeowners Insurance Claim.

Car Insurance Claim

Car Insurance Claim on wiseGEEK:

* If you are found guilty of violating the state financial responsibility laws concerning car insurance, you may find it much more difficult to obtain affordable coverage in the future.

* Even if no immediate emergency medical assistance was required, you may still want to go to the hospital for an evaluation, as car accident injuries such as whiplash may not present immediately but could show up several days later. To pay out the car accident claim, the car insurance companies will want to investigate the traffic accident and determine liability.

via Car Insurance Claim.

What is an Insurance Claim?

An insurance claim is the actual application for benefits provided by an insurance company. Policy holders must first file an insurance claim before any money can be disbursed to the hospital or repair shop or other contracted service. The insurance company may or may not approve the claim, based on their own assessment of the circumstances.Individuals who take out home, life, health, or automobile insurance policies must maintain regular payments called premiums to the insurers. Most of the time these premiums are used to settle another person’s insurance claim or to build up the available assets of the insurance company. But occasionally an accident will happen which causes real financial damage, such as a automobile wreck or a tornado or a work-related accident. At this point the injured policy holder has the right to file an insurance claim in order to receive money from the insurance company.

via What is an Insurance Claim?.

Baldwin Benaware
KC Benefit Services Discount Card
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