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Fake insurance coverage is one of the different types of life insurance fraud you should watch out for as a potential policyholder. There are fraudsters out there that pose as legitimate insurers or insurance agents. Usually, they defraud people by taking money for premiums on non-existent health plans. These scammers may sell policies at rates that are considerably lower than
If you’re looking to purchase your first automobile ever, you may be wondering, “How does auto insurance cover new car owners for third-party accident damages or bodily injuries?” You must start by carefully researching your specific car insurance requirements. In all states, it’s illegal to drive without insurance or some form of proof that you’re capable of compensating any victim
No matter where you are right now, you’ve most probably been impacted by COVID 19 in one way or the other. Some of the social-economic impacts of the pandemic have left millions coping with a lot of psychological turmoil. If you too are experiencing the effects of the chaos, you can look after your mental health through the pandemic and
A new study by the Insurance Research Council (IRC) showed auto damage insurance claims increased at double the rate of inflation between 2010 and 2018. According to the “Patterns in Auto Physical Damage Insurance Claims” report, deductibles and policy limits didn’t grow in tandem with payment growth over the same period. Auto Damage Claims Soar 3.7% On average, insurance payments
It’s been nearly a year since the coronavirus disease emerged, and yet the pandemic is still here, constantly exerting a social, financial, psychological, and physical toll on everyone. Observing self-care tips during the COVID-19 pandemic is essential in emerging from the pandemic induced chaos. Taking good care of yourself and your family can help you get through these uncertain times.