I live in new mexico and i am looking into buying a house and when i called for a homeowners insurance quote they asked for an address which i don’t have since i just want to get insight as to what the home owners will cost and the company said to look for an area that has a better fire department rating so how can i find out the departments ratings??
google.com
To be honest I don’t feel that a persons credit rating have anything to do with car insurance. A quote should be an honest quote of what it cost per month and per year. Either you pay your car insurance or not. What risk is this to the Insurance company? It can be canceled by the company if payment is not made. The company doesn’t pay for an accident that occur if the policy is not in force. There is no loss to them. What is the point of making someone pay a higher premium if they haven’t had an accident nor was it their fault. This is unfair racking it in. Who made this policy to base it on your credit rating? The economy is in a depression right now so many people will have bad credit ratings and those who have fallen into this mess now will have higher payments and have never had an accident or it wasn’t their fault. They are not responsible for the deficit we have today. All rates should depend on Make, Model and Year of your car. A Credit Rating has nothing to do with paying your monthly amount for coverage. Can you tell me why, if no accidents have been caused?
Insurance companies are in the business of insuring risk. There is a strong correlation between credit history and insurance risk, it may seem these are unrelated but people who make bad decisions in one area of their life tend to make bad choices in other areas also and are higher risk.
Hello guys,
I am interested in what is the best medicaid accepted insurance company in NY? I know several of them: Metro plus, Health plus, Americhoice, but I do not their ratings!
Thank you!
Common situation you met like many other people,be patient,and check the resource here www.HealthInsuranceIdeas.info i found very useful for me to solve my similiar problem.
Just a thought.. the recent middle eastern conflict has cost the US taxpayer and administration billions of dollars. did the Bush boys close key banking/insurance companies to cover the revenue losses? Considering their current low ratings "we`ve spent it all on bombs" would be political suicide. If they can murder thousands in their own country as a catalyst for invasion then surely they are not above a bit of global fraud…. your thoughts please
You know that very thought crossed my mind. Is this just an elaborate way for the Federal Reserve to tender the bill for all the money they supplied the Federal Government to to fight the war in Iraq.
….while the Mainstream media ratings are tanking??
This past week FCN surpassed and dominated CNN, MSNBC, and Headline news by 299% and more!
For the first time Fox Cable News passed CBS Evening News with Katie Cuoric 5.4 Million viewers vs 5.3 mil! !
Why is FOX now the dominant News organization and the rating are still going up?
Are the folks tired of the State run Media in the tank for Obama, Pelosi, & Co.
Or is it that the folks want fair and balanced reporting of their own positions and issues. Case in point:
NBC, CBS, and the rest are portraying the angry folks out their, speaking their minds about Obamacare, as Nazis, mobsters, and paid operatives of Insurance companies!~!!!
I believe the regular folks out there see Katie or other network news anchors saying these things and tuning off broadcast and tuning into FOX, but that’s just my take.
What say you America?
Please opine anytime anytime if so inclined. And when answering please No Lib Bloviating in the No Spin Zone!~
Fox News is the best Tv news station.
People want to hear the truth in a fair & balanced way, that’s what you get when you watch Fox news… and you can make up your own mind from there.
The majority of American people are tired of hearing the same old lies and half-truths out of the mainstream media MSNBC, NBCnews, CNN, and the rest of the lettered failures in ratings & integrity.
WASHINGTON – Quick quiz: What do these enterprises have in common? Farm and construction machinery, Tupperware, the railroads, Hershey sweets, Yum food brands and Yahoo? Answer: They’re all more profitable than the health insurance industry. In the health care debate, Democrats and their allies have gone after insurance companies as rapacious profiteers making "immoral" and "obscene" returns while "the bodies pile up."
Ledgers tell a different reality. Health insurance profit margins typically run about 6 percent, give or take a point or two. That’s anemic compared with other forms of insurance and a broad array of industries, even some beleaguered ones.
Profits barely exceeded 2 percent of revenues in the latest annual measure. This partly explains why the credit ratings of some of the largest insurers were downgraded to negative from stable heading into this year, as investors were warned of a stagnant if not shrinking market for private plans.
Insurers are an expedient target for leaders who want a government-run plan in the marketplace. Such a public option would force private insurers to trim profits and restrain premiums to compete, the argument goes. This would "keep insurance companies honest," says President Barack Obama.
The debate is loaded with intimations that insurers are less than straight, when they are not flatly accused of malfeasance.
They may not have helped their case by commissioning a report that looked primarily at the elements of health care legislation that might drive consumer costs up while ignoring elements aimed at bringing costs down. Few in the debate seem interested in a true balance sheet.
But in pillorying insurers over profits, the critics are on shaky ground. A look at some claims, and the numbers:
THE CLAIMS
_"I’m very pleased that (Democratic leaders) will be talking, too, about the immoral profits being made by the insurance industry and how those profits have increased in the Bush years." House Speaker Nancy Pelosi, D-Calif., who also welcomed the attention being drawn to insurers’ "obscene profits."
_"Keeping the status quo may be what the insurance industry wants their premiums have more than doubled in the last decade and their profits have skyrocketed." Maryland Rep. Chris Van Hollen, member of the Democratic leadership.
_"Health insurance companies are willing to let the bodies pile up as long as their profits are safe." A MoveOn.org ad.
THE NUMBERS:
Health insurers posted a 2.2 percent profit margin last year, placing them 35th on the Fortune 500 list of top industries. As is typical, other health sectors did much better — drugs and medical products and services were both in the top 10.
The railroads brought in a 12.6 percent profit margin. Leading the list: network and other communications equipment, at 20.4 percent.
HealthSpring, the best performer in the health insurance industry, posted 5.4 percent. That’s a less profitable margin than was achieved by the makers of Tupperware, Clorox bleach and Molson and Coors beers.
The star among the health insurance companies did, however, nose out Jack in the Box restaurants, which only achieved a 4 percent margin.
UnitedHealth Group, reporting third quarter results last week, saw fortunes improve. It managed a 5 percent profit margin on an 8 percent growth in revenue.
Van Hollen is right that premiums have more than doubled in a decade, according to a Kaiser Family Foundation study that found a 131 percent increase.
But were the Bush years golden ones for health insurers?
Not judging by profit margins, profit growth or returns to shareholders. The industry’s overall profits grew only 8.8 percent from 2003 to 2008, and its margins year to year, from 2005 forward, never cracked 8 percent.
The latest annual profit margins of a selection of products, services and industries: Tupperware Brands, 7.5 percent; Yahoo, 5.9 percent; Hershey, 6.1 percent; Clorox, 8.7 percent; Molson Coors Brewing, 8.1 percent; construction and farm machinery, 5 percent; Yum Brands (think KFC, Pizza Hut, Taco Bell), 8.5 percent.
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demos will not admit that they dont make huge% of profits,they can not demonize them if they do.im happy with my coverage.i dont make a lot of money under 25,000.00a year but my employer has great benefits,demos just dont want to pay for it them self.if your disabled or of a certain age you get medicade or medicare.they want to insure all those who wont work ,druggies ,bums ,perverts etc.
hi, I’ll be moving to Houston next month from Australia and would like to ask a local which are the best banks and (auto)insurance companies. Of course, one can always go directly to Chase, BoA or Wells Fargo but do these offer the best service? The net banking is probably the feature I am most interested in. Also, in terms of car insurance, what is your experience. Based on my research and ratings I was contemplating Amica or Nationwide. Much appreciated thanks.
I liked Progressive car insurance because they were fast and thorough, but they were more expensive. Jim Ott at Wells Fargo can probably help you with banking. Brian Claunch at Merrill Lynch can help you with finances.
Best restaurant: Vic and Anthony’s downtown / Clary’s,Galveston
Best piano bar: Post Oak Grill / Claudio’s in Kemah
Best hotel: 4 Seasons downtown of course.
Car rental : Enterprise
Shopping: Galleria
Wecome to Houston.
I’d like to know how safe this insurance company is as it is now the parent company of the brokerage firm Jan Montgomery
According to VitalSigns as of April 15, 2009 the financial ratings of Penn Mutual Life Insurance are:
AM Best A+
A&P AA-
Moody’s Aa3
The Street (formerly Weiss) B+
Comdex 95
Of course, the problem with getting the 2009 financial ratings is that they aren’t out yet – it’s still 2009. Overall, Penn Mutual seems like a very respectable life insurance company. In my experience, they also have a few good underwriting niches too.
I’m attempting to see which company is the people’s choice.( if any)
I don’t know about official ratings, but I work in the healthcare field and I can tell you that United Healthcare may cover more and pay better than the other two, BCBS is middle of the road and Aetna is our least favorite to deal with (they tend to have a restrictive formulary). Make sure you read your policy to see exactly what they will cover, and if you take alot of medicines, ask for a copy of the formulary to see if your meds are covered. I have BCBS, but it does not cover any prescriptions and I have a high deductable (this is to decrease my premiums). My plan does not require a referral from a PCP to see a specialist, but it only covers 80% of allowed charges. The more "bells and whistles" you have on your policy, the higher the premium will be.
I have a fire dept only 4 miles away but its in another county…so technically the call would go to my county’s fire dpt which is 10 miles away which is causing me to not be able to change my insurance company….my current one is using the 4 miles fire dpt…..so why can’t they just use it since it is closer….the new quote went to 1800 a year….now I am only paying 344 a year but I guess they are unknowing about the different county thing???
what should I do…
homeinsurance.awardspace.us – you can try this company. I personally have their home insurance cause it is cheapest in our area.