Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Insurance
Finance Discussion Forum

 Is their a way to cancel your ssn?
my wallet was stolen and my social security card was in there is there a way to cancel it and get a whole new ...


 34 year old healthy single male without medical insurance gets into major auto accident. What happens to him?
34 year old healthy single male without medical insurance
gets into major auto accident(he only has liability auto insurance cause that's all he can afford). What happens to him? He ...


 Will the insurance company go after the vandal/s of my property?
Recently my daughter caught my neighbor stabbing our above ground swimming pool, and our trampoline. When he seen her looking out the window, he jumped the fence, and ran through his back gate. The ...


 Does your home insurance premiums go up if you file a claim?
Due to our winter weather my moms has sustained some roof water damage. Its leaking into her ceiling and she has to put bowls out to catch the dripping water. She doesnt want to call Farmers I...


 When does an insurance policy become binding?
When you sign the contract or pay the premium?...


 Can I buy life insurance for my grandmother?
...


 Are Health Benefits Suppose To Be Offered If You're Working Full Time?
I'm full time (40 hours a week) and my boss doesn't give Health Benefits. Is that right? Friends and family said its not right... What do you guys think?...


 How can I protect my home, lifestyle and children's future if my husband would not buy a life insurance?
I can try to buy one for myself for my children, but my concern is, how can I protect myself if my husband passes away before me? What are my legal options if I cannot convince him to buy life ...


 Is aig tata insurance is believable?
i am an indian before 2 years i joined in aig tata insurance
i paid 11 thousand as yearly due 2 years
in this skim only after 12 years we can get the amount
will it work ...


 Condo Insurance?
I live in a condominium. The association pays for the structure insurance, but it is my understanding it only covers the exterior walls. If the place burned down, would I be responsible for the ...


 Will home owners insurance pay for repairs if it was your ex that did the damage to your home?
Going through a divorce and the ex vandelized the house before leaving it....


 To apply and be approved for life insurance what are some of the main factors to have a smooth transaction?
To apply and be approved for life insurance what are some of the main factors to have a smooth transaction? Im considering getting it for my family..What are some important things to know?...


 I need affordable health insurance?
I live in Monmouth Co., NJ, and I need to find affordable health insurance. I was covered under my parents insurance when I was in college, but I am now 22, and own my own home w/ my fiance. My job ...


 Can we insure our life with more than one insurance company?
If so, in health insurance case, how we get reimbursement with one one set of original bills?...


 Who needs insurance?
Auto insurance is a hit or miss conception with police enforcement doing the insurance company's work for them. Too many drivers have no insurance leaving responsible drivers to pick up their ...


 I got into a car accident and my truck is all screw up i need to find out what i should do whit the insurance?
i got into a car accident this sunday the insurance is trying to just fix it but everyone has been telling me to ask the insurance or try to get them to get a new truck b/c my trucks its in really ...


 What's the cheapest Health insurance company you know of?
I don't mean Medicare or Medicaid etc...I mean something for lower middle class people close to 40 that they can afford without putting them into the lower class income. Thanks.
Additional ...


 Do a parents insurable interest remain when policy was taken out during childhood and now is a married adult?
Basically, my husband and I do not want his parents to continue to hold a life insurance policy on him.
Additional Details
We are not asking to collect the money for that policy...we ...


 I have GMAC homeowners insurance and was just denied a claim for hail damage. Anybody else have a bad exp.?
My house does have hail damage. Every single house surrounding me, including all but 2 houses in a 4 block radius, were approved to minimally have their roofs replaced. A lot of people are getting ...


 Insurance: What is the difference between an Independent Agent and an Independent Broker?
...



lillimac
Why do insurance companies ask if your house is within city limits, to give you a homeowners insurance quote?
                     
 




LT
Rating
Fire protection is a big concern for the insurance companies. The house location and better fire protection will have a lot to do with the cost of insurance.


tylernmi
Rating
It is very important, because they and you, need to know where a water supply is located, and which fire station serves your property. For example, if you are out in the toolies and served by a volunteer fire dept., it would cost more than being in a city with a fire hydrant on the corner. Best wishes, stay safe.


larsgirl
In a lot of cases it has to do with fire department response time and/or the availability of a paid fire department.

If you live in a metro area with a paid fire department, and your zip code shows a response time of 3 mins or less, and you have a fire hydrant within 1000 ft of your home...... your insurance is going to be a lot cheaper than mine, because I live in the county, even though the town nearby that services our area is manned, the response time for my area is 8 - 10 mins. the best and fastest water supply would be our pool, we have a septic system and the water pressure for the rest of the house isn't great.. no fire hydrant.

so city limits is a big deal.


Mark P
Rating
Insurance companies use what is known as a GUS reports this lets them know what territory you are in. GUS is rated 1-9 example 3-4 being your normal neighborhood and 9 being a farm. If you are outside the city limits but have a fire hydrant with in 1000 feet and a fire department with in 2 miles it really does not madder. But your insurance agent will need to know who the responding fire department is. In the next few years the Insurance companies will start using zip code rating with is going to replace GUS. You need to find an Agent that knows your local community so they don’t have to ask you question. Finding an agent that you trust and is willing to help you with all your question is worth more then trying to save a few dollars. When shopping for Home Owners Insurance find out about your Auto as well and try to keep them with the same company this too will save you money.


Injun
Depending on where you live, your rates can be higher or lower. If your in the inner city, almost always your rates will be higher...


DFK
Rating
Rates are establish by Fire protection class. The closer you are to a Fire Department the better the risk and the rates. If you lived 20 miles from no where then it would take the nearest fire dept more time to respond. Your in town ...so that gives you a better class for rating.


mbrcatz
One of the major factors in homeowners rates is "fire protection code". If you're in a city, you have a public fire department within 5 miles of your house, likely. If your house catches on fire, the fire department can be there within minutes, and hook up to hydrants.

If you're in the boonies, it might be 20 minutes before the volunteer fire guys get there, and the only water might be in the pumper truck. PLENTY of time for a house to burn to the ground.

That's why they ask.


wishbone13569
Rating
--ask your insurance company, trust me they will love to answer your question precisely.,
http://www.insurancepolicy.com


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy