If the defendant’s insurance company were to admit that the defendant should be liable, then the company would almost have to pay the full compensation amount. Instead, most insurance adjusters will try to make you accept at least some liability for the accident by asking seemingly innocent que...
How Much Does Windstorm Insurance Cost? Windstorm insurance can cost approximately $2,000 per year in coastal or high-risk areas. However, the cost can vary depending on the size of the home, its location, and the insurer.5 The Bottom Line ...
Public adjusters will make their own assessments of damages to the home, the report of which you can then submit to your insurance company. While in theory, the public adjuster has the best intentions of the policy owner in mind, always be mindful if hiring one. A homeowner’s inexperience...
Insurance adjusters in North Carolina require a unique set of skills and qualifications to effectively handle insurance claims and provide exceptional service to policyholders. While the specific requirements may vary depending on the employer and the type of claims, here are some important skills and ...
“Offline selling at trade shows [may] use the insurance provided by the venue, as they’re liable for situations that occur on their property,” says Vince Lefton, CEO ofBulldog Adjusters. Always do your homework and check out your unique situation. Again, because you’re traveling and no...
A misconception about insurance scams is that fraud is only committed by policyholders. This isn’t true. Fraud can be committed by anyone, such as brokers, agents, claimants, lawyers, adjusters, builders and contractors, which brings us back to the roofers on my porch. Contractor and roofi...
Make business building a CEO priority. Almost two-thirds of insurance leaders count business building among their top three priorities. If you are one of these leaders, it’s your responsibility to get deeply involved in the governance, care, and nurturing of your new business...
Life insurance agents have the potential to make a good living especially when they are successful and have a passion for their work. Compensation from life insurance sales usually comes from commissions and bonuses as a result of the policies sold. ...
The maximum out-of-pocket is there to protect the consumer, making sure that what the insurance provider is asking them to pay is not too much. Usually, if the premium is high, the out-of-pocket limit is low. What Is Coinsurance?
Negotiations with insurance adjusters can be intimidating, but maintaining composure is crucial. Be respectful and avoid being confrontational during discussions. Stick to the facts and avoid admitting fault or making statements that could be misconstrued as accepting liability. ...