When you contact your insurance company to file a claim there are a few things that you shouldn’t say if you want to make sure that your policy will cover the incident. Now, do not fraud the insurance company, just make sure what you’re telling them is the truth.

1. Never start a sentence with “I think” or any other term that indicates that you’re not sure as to why something happened. If you don’t know say “I don’t know.” Giving information that can be proven wrong later can really hurt your claim and can damage your credibility.

Particularly beware of speculating on blame or causation. For example, if you suggest that a water leak is due to a construction defect, you could give the insurer an out if that’s a policy exclusion.

2. Don’t use the “whiplash” excuse unless your doctor actually says you have it. This is one of the most fraudulent claims every year that insurance companies have to deal with. In some cases, according to Amy Danise from Insure.com, mentioning whiplash in your claim is likely to get it flagged for further investigation.

3. Don’t admit to a doctor’s test as being experimental when it isn’t. There is a difference between an actual experimental drug/procedure and one that is proven (and accepted by the FDA for use) but your doctor wants to try it out in your case. You may want to make sure that your doctor can prove that it will be covered by insurance before getting it done and fighting with the insurance company later.

4. The word “flood” triggers some kind of nervous, shaking, fear in insurers; so don’t use it. When it comes to homeowner’s insurance, floods aren’t covered. A flood is weather related too, not if your pipe bursts and you find yourself with a basement full of water.

5. Don’t act like the only thing you care about is the money. When an insurance company sees that you care more about getting a check rather than fixing your damaged property, they will likely put your claim on hold while they go and check further into it.

When it comes to insurance, it’s all about what the insurance company thinks. If they feel that you’re trying to make a fraudulent claim, for any reason, they can simply put the brakes on your claim altogether. It is rather frustrating to pick and choose your words when you talk to the insurance company, but it is important. Too many people, every single year, decide that having insurance is a good way to try to make a bit of money, when in reality that is not what insurance is for.

I can’t tell anyone what to do with their money, but if an insurance company sends a check out, then fix whatever is broken.

When you contact your insurance company to file a claim there are a few things that you shouldn’t say if you want to make sure that your policy will cover the incident. Now, do not fraud the insurance company, just make sure what you’re telling them is the truth.

1. Never start a sentence with “I think” or any other term that indicates that you’re not sure as to why something happened. If you don’t know say “I don’t know.” Giving information that can be proven wrong later can really hurt your claim and can damage your credibility.

Particularly beware of speculating on blame or causation. For example, if you suggest that a water leak is due to a construction defect, you could give the insurer an out if that’s a policy exclusion.

2. Don’t use the “whiplash” excuse unless your doctor actually says you have it. This is one of the most fraudulent claims every year that insurance companies have to deal with. In some cases, according to Amy Danise from Insure.com, mentioning whiplash in your claim is likely to get it flagged for further investigation.

3. Don’t admit to a doctor’s test as being experimental when it isn’t. There is a difference between an actual experimental drug/procedure and one that is proven (and accepted by the FDA for use) but your doctor wants to try it out in your case. You may want to make sure that your doctor can prove that it will be covered by insurance before getting it done and fighting with the insurance company later.

4. The word “flood” triggers some kind of nervous, shaking, fear in insurers; so don’t use it. When it comes to homeowner’s insurance, floods aren’t covered. A flood is weather related too, not if your pipe bursts and you find yourself with a basement full of water.

5. Don’t act like the only thing you care about is the money. When an insurance company sees that you care more about getting a check rather than fixing your damaged property, they will likely put your claim on hold while they go and check further into it.

When it comes to insurance, it’s all about what the insurance company thinks. If they feel that you’re trying to make a fraudulent claim, for any reason, they can simply put the brakes on your claim altogether. It is rather frustrating to pick and choose your words when you talk to the insurance company, but it is important. Too many people, every single year, decide that having insurance is a good way to try to make a bit of money, when in reality that is not what insurance is for.

I can’t tell anyone what to do with their money, but if an insurance company sends a check out, then fix whatever is broken.

Having a life insurance policy is an important part of making sure that your loved ones are taken care of when you’re gone. Looking into getting a policy can be a daunting task that you may feel overwhelmed by.

It doesn’t have to be though. There are plenty of companies that have services to compare rates where you can get term life insurance quotes as well as other types of insurance quotes to ensure that you’re getting a good rate for your coverage level.

Many life insurance companies offer all kinds of policies that cover everything including term life insurance, whole life, universal, key man, second to die, group policies, mortgage and smokers insurance. A member of their team can give you an idea of what kind of service you will need and can give you an online quote just by filling out a simple form.

Getting a term life insurance quote is quite simple. It’s nearly as painless as getting a car insurance quote or going to an insurance company to get any kind of insurance.

Life insurance is something that you can never be too young to get. Just make sure that you are going with a company that has good business practices and check with the BBB and other reporting agencies to make sure.

When you contact your insurance company to file a claim there are a few things that you shouldn’t say if you want to make sure that your policy will cover the incident. Now, do not fraud the insurance company, just make sure what you’re telling them is the truth.

1. Never start a sentence with “I think” or any other term that indicates that you’re not sure as to why something happened. If you don’t know say “I don’t know.” Giving information that can be proven wrong later can really hurt your claim and can damage your credibility.

Particularly beware of speculating on blame or causation. For example, if you suggest that a water leak is due to a construction defect, you could give the insurer an out if that’s a policy exclusion.

2. Don’t use the “whiplash” excuse unless your doctor actually says you have it. This is one of the most fraudulent claims every year that insurance companies have to deal with. In some cases, according to Amy Danise from Insure.com, mentioning whiplash in your claim is likely to get it flagged for further investigation.

3. Don’t admit to a doctor’s test as being experimental when it isn’t. There is a difference between an actual experimental drug/procedure and one that is proven (and accepted by the FDA for use) but your doctor wants to try it out in your case. You may want to make sure that your doctor can prove that it will be covered by insurance before getting it done and fighting with the insurance company later.

4. The word “flood” triggers some kind of nervous, shaking, fear in insurers; so don’t use it. When it comes to homeowner’s insurance, floods aren’t covered. A flood is weather related too, not if your pipe bursts and you find yourself with a basement full of water.

5. Don’t act like the only thing you care about is the money. When an insurance company sees that you care more about getting a check rather than fixing your damaged property, they will likely put your claim on hold while they go and check further into it.

When it comes to insurance, it’s all about what the insurance company thinks. If they feel that you’re trying to make a fraudulent claim, for any reason, they can simply put the brakes on your claim altogether. It is rather frustrating to pick and choose your words when you talk to the insurance company, but it is important. Too many people, every single year, decide that having insurance is a good way to try to make a bit of money, when in reality that is not what insurance is for.

I can’t tell anyone what to do with their money, but if an insurance company sends a check out, then fix whatever is broken.

Source

Alright, so speaking from a quite personal experience, I was wondering when all you thought that it would be okay to file an insurance claim. The other day, Chris and I were at the grocery store when we realized that the car next to ours had hit the side hard enough to leave a dent in the side of the car. I, of course, was quite angry (because this is my car ). We filed a police report and I called State Farm about the dent and they said that if I took it to a repair shop it would be $200 due to uninsured motorists and they would cover the rest.

That’s all fine, but I know who damaged my car and I would really like for them to pay the deductible, not me! When it comes to parking lot accidents it seems like it is so easy to get away with damaging someone else’s car. In this case, my car was dented and the other car (no matter if I got their license plate number or not) got away with it without having to pay the uninsured motorist’s deductible.

I just hate that some thug-wannabes were able to scam my insurance company like that. I have told my insurance company about the car that I am SURE did this and they said that because there wasn’t enough “proof” they couldn’t do anything about it. That is complete and utter BS!!

I will promise something to the people who dented my car; If I EVER see your car again, I will do something to your car to where you will KNOW I spotted it and noticed it hanging out in a parking lot where I already was. Revenge is a … well you know.

What you can learn from this ebook

This is a general description of variable annuities-what they are, how they work, and the charges you will pay. Before buying any variable annuity, however, you should find out about the particular annuity you are considering. Request a prospectus from the insurance company or from your financial professional, and read it carefully. The prospectus contains important information about the annuity contract, including fees and charges, investment options, death benefits, and annuity payout options. You should compare the benefits and costs of the annuity to other variable annuities and to other types of investments, such as mutual funds.

Do you avoid places and situations where you are pressured to buy something?

Question:

There are a lot of places out there that are hurting for sales. The problem has gotten to be where I know that I avoid places that use high pressure sales tactics like the plague. Do you ever try to avoid these places and what would you do to change them?

Answer:

I believe that people are inherently turned off by high pressure sales tactics. No one wants to be pressured into buying something they aren’t ready to buy or get into a situation where they feel bad for not buying something (I do this sometimes). Nor do they want to get into a situation where they feel as though they have to get a credit card. So, if someone feels as though they have had an overly pushy sales person, they are much less likely to return to the store. This is just my opinion though.

Even passive sales pitches are something that irks me a little. Here’s a real example of what I’m talking about:

After Chris and I got married my insurance company sent us a card to congratulate us. I thought it was so thoughtful, until I opened it up and it said, “Congratulations! Have you thought about getting a life insurance policy?” This company has been pushing the life insurance policy on me for 5 years, and I’m not going to change my mind this time.

I think that a lot of places need to realize that when someone is shopping, they really do have something in mind. As a good sales person you can lead them in the direction they need to go or open them up to ideas that they may have not thought of, but pressuring them into buying something they don’t want is not going to win you any brownie points.

With people moving out of their mortgaged homes and into rentals, it is important to remember that you aren’t insured when you move into a rental. For a relatively low cost, however, you could protect all your possessions and give you and your family a little piece of mind when it comes to leaving your apartment (or whatever rental you happen to have).

According to a study performed by Allstate Insurance (yep, an insurance company doing a study about insurance so I’m not so sure how unbiased or accurate it truly is) said that two out of three college age adults do not have renters’ insurance, or any insurance protection for their belongings. This figure is so important because the same age people say that they have belongings worth more than $10,000. With belongings that cost that much, they also said that if something were to happen to their things, they would be able to replace them or at least some of them.

One of the Vice Presidents at Allstate Julie Parsons said, “It’s a shame because renters insurance is one of the smartest investments people in this situation can make and so few take advantage of it.”

Of course renters should have the insurance because the Bureau of Justice Statistics has reported that those who rent are 50% more likely to have break-ins or experience some kind of theft in their rentals than those who own their own homes.

Getting a quote on insurance is as easy as getting a car insurance quote these days. Once when I looked into renters’ insurance a few years ago, I would have had to go to the insurance agent or actually call them to get a quote. I didn’t especially feel like being hassled by the agent to get the insurance policy (and I’ll tackle this subject in another post), so I never got the insurance (then again, I had NO WHERE near $10,000 in belongings).

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It’s been almost a year since the government started bailing out banks and already it is started to see some profits from the money given to all the banks. At the time of the bailouts, many people thought that profits from the money put into the banks would never be seen, but now we’re all a bit taken aback by the profits the government is already seeing.

The government has started to get profits from the eight largest banks that were bailed out. The banks have fully repaid their loans from the government.

Of course, there wasn’t any word on the other hundreds of billions of dollars that were given out and now the FDIC, which is an insurance company that is subsidized by the government, is running out of money from buying up banks that have failed. The government is still facing huge losses from all the bailed out banks and especially from AIG, Freddie Mac, and Fannie Mae. Of course, the bank bailouts don’t include the huge loans given out to GM and Chrysler.

Still, the news coming out that some of the money given to the companies has turned from a worry-some loan to a bit of a profit is welcomed and surprising news.

Government bailouts were not something that was looked at as a very smart choice for the government to make concerning the banking (and automaker) industry. However, it looks like some of the bailouts are actually panning out and doing better than the government could have expected. It was really hoping for 5% on its money, but the 15% that has been gained by the time of this recent news release is a surprise even for those in the government.

We should always pay attention to our expenses, especially in an economic downturn. Now more than ever, it is important that we cut our own personal costs and save money. One of those places to cut is in the monthly bills. It is extremely common to find you are paying too much for car insurance. Car insurance is a necessity if you own a car and drive it, especially if you have an accident and need it, but it is important to make sure your auto insurance company is not getting rich off of you. How do you know the difference and how do you change it?

There are online services that let consumers find the best rates from a vast selection of auto insurance companies nationwide. These companies are using these services to compete for your business, ultimately resulting in lower costs. You simply enter your expectations into the website and instantly receive quotes from a wide range of reputable automotive insurance companies.

One of the most effective of these services is www.GoInsuranceRates.com. Their website is absolutely free and they offer you the best insurance quotes from a nationwide market of reputable companies. The site also contains reference information that helps you understand how different policies work, more about each company and how to save the most money possible as compared to your insurance needs.

Reputable companies such as Progressive offer estimates from other insurance companies so you can compare them to the Progressive rates you are receiving. Sometimes Progressive does report rates that are lower than their own so it seems that they are being as honest as possible.

Car insurance rates are constantly changing and have actually dropped significantly in the past 12 months. Of course, your insurance company is not going to call you up and let you know their rates have dropped. If you operated a business, would you let your customers know they could save 30% on their plan by going elsewhere or starting a brand new policy? No. That would be your biggest secret. With a minimal amount of time on a website much like Go Insurance Rates,  you may be able to save hundreds of dollars. If it comes down to it, start calling around. You know the Geico slogan, “15 minutes could save you 15 percent or more on car insurance.” Well, it’s the truth. Spend an hour making four phone calls and you could easily receive some of the best rates in the industry.

A car’s bumper must be between 16 and 20 inches off the ground so the bumper will take the brunt of the damage when it is hit in a “fender bender.”

SUV, minivan, and pick up truck bumpers aren’t regulated the same way, so when one of these vehicles hits a car it does more damage than if the two bumpers were the same height.

As a result of crash tests and real world results the Insurance Institute for Highway Safety has petitioned the National Highway Traffic Safety Administration to create a uniform bumper height.

The Consumer Federation of American also supports the idea of uniform bumper height. “This is one of the reasons for the increase in auto insurance premiums,” notes Jack Gillis, CFA’s Director of Consumer Affairs. “As consumers increase their deductibles to cope with rising insurance rates, more and more of the minor accident repairs come out of their pockets.”

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