Insurance Companies

The state insurance commissions already in place in each state that already have to approve of rate hikes?

Is he taking power away from the states? Is he implying that the states are incompetent?

Does Obama know that insurance rates go up because health care providers charge more?
Sly Kitty: Maybe the state insurance commissions aren’t trying to demonize the insurance industry for political reasons like Obama is. They know where the high costs originate & that’s with the health care providers. Why doesn’t Obama want to address that issue?

And the states sure are doing a great job at keeping the rates down, aren’t they?

I am being penalized by certain insurance companies because of my credit rating but I have never been late or made a claim on my current home owner’s insurance and they are farmers and after four years they decided to up my rate and possibly cause me to have to sell my home. I need a decent quote, I work for a living.

most companies do consider credit now. there are still a few out there that will not penalize for this. i dont know where you live, but i am in NC and i write through Alliance Mutual and they do not take credit into account. call an independent agent in your area and let them know you are looking for a company that will not do this. they write for a lot of companies and know where to look for this

I got a DUI about a year and a half ago (Yes, I know very stupid) I switched insurance companies after it happened to get a better rate. I am with Progressive now and paying about $190/month. I live in NC and drive a 10 year old Jeep Wrangler, I have an excellent driving record with no tickets or accidents, the only thing on my record is the DUI. Does anyone have any advice on which insurance company might offer the best rates or if there is anything I can do to lower my rate? Is there any way to get coverage without them checking my driving record and seeing my DUI???
Thanks

expect to pay what you are paying now for another 3 and a half years.
if you happen to find a company that has a lower premium than progressive then you are compromising your coverage.
you go into a bucket sub standard insurance company, you get what you pay for.
you know that commercial where they are like, unless its a ficus we wont cover that damage, or unless the vandals spelled your entire name not a nick name they wouldn’t cover it.
THESE COMPANIES REALLY DO EXIST!
maybe not to that extent, but like i said before, you get what you paid for.
be careful.

I currently am insured to teach at the current barn I’m at & only have a few clients (i teach part time). One of them moved to another local barn & would like me to come and teach them there–will being insured at 2 barns drastically impact my insurance rates? What are some good insurance companies for trainers insurance…mine is coming up soon.

Markel. You’ll have to call them to find out how much your rates will increase.

Has anyone else in the business noticed that premiums are all going up on average 20% in the last 2 months? Is it because of actuarial numbers for projections on swine flue?
Basis for my statement. I am a licensed agent with 23 health companies in the state of Texas I have seen 12 of those companies raise rates in the last 2 months with other rate increases expected in October.

No. Health insurance has been skyrocketing the last five years.

It’s more about how fat we’re getting, here in America.

What type of coverage or general line of business? I like selling for mine the best.

Looking to switch insurance companies. I’m paying 277/mo (6 mo) and currently do not have renter’s insurance. I have 2 accidents 2 1/2 years apart. My last accident was in Dec. 2007. My car was totaled and I know my rates are going to sky rocket. I’m thinking that adding renters insurance & taking defensive driving may help offset my expected increase. To specify, im looking for auto & renter’s, not auto & home owner’s insurance. Thanks.

check into Allstate for a combo coverage but check with someone LIVE and local

Most well known dental companies and which ones do you like or dislike

Delta Dental, Safeguard etc … I personally have safeguard through work and it has worked out fine.

I am a 19-year old male. Do not have my license yet. With the type of car aside, what is the insurance rate in which I should be looking for? Again, I know different cars have different rates, as do insurance companies. That is established. I just want to know what range I should go for. I only have around 3k and a **** job.

Were are you from? That would help.

Anyways i’m from the UK and a small engined car say a 1.1 for example is about £120 a month when you’ve just newly passed. The bigger the engine the more expensive the insurance, i’m 18, just passed a few months ago, my car is a 1.8 and i pay £175 a month insurance and i had to pay a deposit of £350. My first car was a 1.1 and i paid £250 deposit and £111 a month.

Just go onto a online car insurance comparison website, type in your details, say you’ve got your license, put in the car you’ll be driving and get quoted. It’s usually expensive for newly qualified, at least for the first 3 years granted you don’t have any accidents.

You can check the balance sheets of any publicly traded companies at www.sec.gov

Just for the record, they don’t make their profits off the premiums they charge – they make their profits, off of the billions of dollars that the government requires them to set aside, to pay claims. They invest that money – mostly in government securities and bonds, and THAT is where the profits come from.

On average, health insurance companies pay out $.99 in claims, for every $1 they take in, in premium. Car insurance companies, if they’re LUCKY, pay out about $1.10 in claims for every $1, and homeowners (not counting FL, TX, or LA) claims are about $.85 for every $1 in premium. TX, FL, and LA are running close to $3 in claims for every $1 in premium.