 Can insurance still pay for medical bills after they have went to collection? |
| I had recently obtained new insurance and i went to the dr. around 6 months after getting the new insurance... now they wont pay because they are saying that it was pre existing when it wasnt but ... |
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 How do Insurance Adjustors determine who is responsible for a shared fence? |
| If you share a portion of fence with neighbors and there is damage. How does an Insurance Adjustor determine how much should be paid by whom?... |
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 Homeowners insurance.is it a must that they have my social security #and my wife's ? |
i am here filling out the form the insurance ppl send me.
i just dont know if they need all this info ..
pls help .... |
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 Buying insurance against an event with fixed probability, what should the insurance company's profit margin be |
| I'm trying to buy $250K of coverage against an event that is known to occur with 10% probability. Thus, the expected value of this insurance is $25K. I'm getting a quoted insurance ... |
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 I have a question about pre-existing conditions? |
| Okay lets say you & your kids have health insurance & all is going good & then you find out your child has a disease due to a genetic mutation like sickle cell or rett syndrome...would ... |
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 Can someone legally take out a life insurance policy on another person without their knowledge? |
| Is there a way to find out if someone has taken out a life insurance policy on you, without your knowledge, much less permission? And if they have, is there a way to have that policy cancelled or any ... |
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 Lost/stolen wallet? |
| I just canceled my debit card. but i have all my id in there, including my bank card and my social security card. what do I do about that?... |
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 Will i get my money back? |
| i just recieved a package froma seller on ebay. the thiing was tottally ripped open and empty! the post office stamped it w/ a " recieved w/ out contents"stamp. is there anything i can do ... |
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 Life insurance claim? |
| My partner of nine years past away while using a drug called ketamine. He never used drugs before but decided to experiment. I am wondering if I am going to have a problem collecting on the life ... |
|
 25% rule for insurance coverage in replacing your roof? |
| We just had a hail storm in our area and our insurance agent claims that just the back half of our roof was damaged in the storm. In talking with a roofer, he said that there was a rule that if the ... |
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 What do u do about your credit after being hit in a car accident, I was walkin. bills are mounting until court |
| I have been off work since the accident. the insurance company isn't paying the medical bills fast and they are going to collection. Hurting my score!!! What can I do?... |
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 Laid Off but want to work temp jobs, Will I still get UI if I have no more temp work after a while? |
If I am laid off in October but obtain temp jobs for 3 months or so, if there are no longer assignments available, can I then apply for unemployment, or will it be too late?
I want to make ... |
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 My Daughter Lost Everything In Apartment Fire... What Else Can She Do? |
| She has just $3,000 in renter's insurance. The fire broke out on New Year's Eve, in Virginia Beach, while she was up here in NY home for the holidays. It was fault of a tenant, smoking ... |
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 How does homeowner's insurance cover belongings? ? |
Maybe this is a stupid question, but I'm new to this.
So my fiance and I bought our first home pretty recently. Yes, I'm a bad person and did not read through or understand ... |
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granny_sp | Insurance another word for scam? |
My understanding of the purpose of insurance is to help out in the event of unexpected expenses to prevent financial disaster..
If this were true why are laws in place that protect the insurance companies from paying?
Lets create an insurance company that does not need a manual describing what they wont pay for.
Lets make it simple you pay in you get restored in case of disaster. |
 |
 
mbrcatz
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WRONG understanding.
Insurance is GAMBLING. You have to define the odds, so you can figure out what the intake is, and the outgo is. Otherwise, insurance companies would go broke - and their stockholders would be very, very unhappy.
Of course you need to describe either EXACTLY what you cover, or EXACTLY what you don't cover. One or the other.
Where EXACTLY do you think insurance companies get their money from? Well, in part, from all the people PAYING IN.
Why don't you and 9 friends get together and just say, ok, instead of insurance, we're just going to pool our funds, and divide up the claims, and each pay each other's claims. How well do you think THAT will work? You all will be claiming paper clips and hangnails, and hangovers, for that matter. It would be a NIGHTMARE.
Next time you go to the track, just ask the bookie for a win ticket - and not define which horse you're putting your money on. Tell 'em, oh, let's not describe what we won't cover. I want you to pay out no matter what. They'll laugh you out of the park. |
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DFK
|
Insurance is a product of Indemnity. The conditions of the contract are spelled out in the policy. If everything was "ala cart" then you wouldn't have to worry because there would not be insurance to buy! There are "no laws" for not paying out. Only insurance company policy and conditions reflecting the payment. Some products are broader than others.
Read your policy.
The only scam is people who buy it to "scam" the insurance company.
And that's all I have to say on this. |
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Nate W
 |
The purpose of insurance is to "make you whole" after a specific, sudden and accidental loss. You should never gain from an insurance claim. It should merely help to bring you back to the way you were before the loss.
Insurance companies make their policies specific, so they know and you know exactly what is covered. Ultimately, it saves customers money.
Imagine flood coverage was added to every homeowner policy. Insurance would skyrocket for every homeowner to compensate for the added risk. More risk= more claims, which = higher insurance rates. Instead insurance companies have tried to get more specific, so that you're not paying for coverage you don't want or need. If your policy doesn't cover a risk your concerned about, then get a policy that does. These days, you can get insurance for just about anything. |
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Shirley
 |
I agree.
I hardly use my medical insurance I get through employment, and the premiums that my company pays, keeps going up. |
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fawkesphoenix
 |
You could probably purchase enough coverage such that you and/or your property would be fully covered from every possible thing that could go wrong, but I'll guarantee that you wouldn't like the price! Insurance companies are competing against each other to offer you the lowest rates they possbily can for a set amount of services. If you want more coverage, you will have to pay more premium. It is important that you understand exactly what the policy you have purchased covers, and it is your responsibility.
Another reason "everything" isn't covered in most lines of insurance is that if the company paid for everything, you wouldn't have any motivation to maintain your home/car/body and try to avoid having lots of claims. The copay is designed so that you think twice before taking risks with your property. |
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HaPpY
 |
It is clearly obvious why the most profitable companies are the insurance companies!
Another Fact: when you phone to them to get an insurance deal, they will answer the phone within milliseconds to rob your money. when you phone for claim, it will take hours to get them on the phone.....
Good guide to save on Car Insurance:
http://www.directinsuranceonline.com/Car-Insurance/Top-10-Tips-To-Save-Money-On-Your-Car-Insurance.html |
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