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Homeowners Insurance Isn’t a One-size-fits-all Proposition
What’s Covered? By Mark Morris Michael Long says inflation in the cost of construction materials is complicating the equation of replacement protection. When preparing a homeowners policy, insurance companies want to know all the details. They’re not being nosy — they just want to accurately cover any potential loss, even the unexpected ones. Indeed, insurance agents who spoke with BusinessWest said every homeowners policy begins with a worksheet that captures anything and everything about the home. Inquiries range from the obvious — like the age of the house, square footage, and condition of the roof — to details about the
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Free Covid-19 tests are only “free” if you can figure out insurance reimbursement
Do you have a printer? Do you have a fax machine? If not, you might have trouble getting your “free” at-home Covid-19 test paid for by your health insurer. As of January 15, Americans with private insurance are able to submit their at-home testing bills to their insurer in order to get reimbursed. But for some people, that may be easier said than done. Some insurers are letting their customers submit their bills online, but others are requiring people to physically print a piece of paper that resembles an IRS form, fill it out, and then either send it
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Tesla Insurance Expands to Arizona & Ohio
Tesla Insurance has been expanded to Arizona and Ohio. This is something that Sawyer Merritt, who was recently interviewed by Dave Lee, predicted. In December 2021, Sawyer Merritt, who is well known in the Tesla Twitter community for sharing breaking Tesla-related news, shared that he was told by a source that Tesla was aiming to launch Tesla’s insurance in two more states in January 2022. Along with that, three other states will be getting Tesla insurance during Q1 2022. Earlier today, Sawyer announced that Tesla launched its insurance in Arizona and Ohio. BREAKING: Tesla insurance has just launched in Arizona
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Changes to no-fault auto insurance law push car crash survivor toward death
Almost every week since September, people who have survived car crashes with catastrophic injuries have been coming to the state Capitol building to ask legislators for help. They’re losing their care. That’s because the new no-fault auto insurance law slashed payments to their care providers nearly in half. Many care providers are going broke. As each week passes, and nothing is done, the desperation of survivors and their loved ones grows. At the Capitol gathering last week, I met 68-year-old Charlie Wallace. He told me he’d planned to be at the gathering with his son by his side. Instead, he
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Heidi Klum’s $2M insurance policy on legs, but one is ‘more expensive’
This redefines looking like a million bucks. Taylor Swift isn’t the only celeb with a hefty price on her thighs. In a recent appearance on “The Ellen DeGeneres Show,” German fashion icon Heidi Klum disclosed that a client once insured her legs for $2 million — but one cost more than the other. “It’s weird the things some people do,” the former Victoria’s Secret Angel, 48, told DeGeneres of her thigh-high premiums. The subject came up after DeGeneres posted a prompt, which read: “My legs were insured for $2m… another body part that should also be insured is …” After
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Global Commercial Auto Insurance Market (2021 to 2030) – Opportunity Analysis and Industry Forecasts
DUBLIN, January 17, 2022–(BUSINESS WIRE)–The “Commercial Auto Insurance Market By Distribution Channel, Coverage Type, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering. Commercial auto insurance is a policy of physical damage and liability coverage for amounts, situations, and usage not covered by a personal auto insurance policy. In addition, it provides a variety of coverage for cars, trucks, vans and other vehicles used for business purposes. Generally, large fleets and small businesses usually prefers two major coverage such as physical damage insurance and liability insurance coverage. Bodily injury
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Auto and homeowners’ insurance rates rising | Business
Prices of groceries, clothes and furniture are going up and consumers can add two more things to the list that will be more expensive in 2022: auto and homeowners’ insurance rates. Michael Hartman, a licensed property, casualty and life insurance producer with Joyce, Jackman & Bell Insurors in Pittston, said auto insurance rates will rise between 3% and 12% this year due to “pricing pressures in the market.” According to the American Property Casualty Insurance Association, pandemic-era factors are making auto insurance more expensive across the U.S. and the world. “Factors that are impacting risks and costs around the world
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Enlisting Health Insurance Companies to Help With Rapid Covid Tests Was a Dumb Idea
That’s not hyperbole, it is by design: The role of private insurers within a for-profit multi-payer system is to restrict access as a gatekeeper, determining who is entitled to use which healthcare services and how much they pay for this. To keep these obligations profitable, they employ an army of claims assessors to argue with you, erect arbitrary hoops for providers and patients to jump through to prove you actually need certain care, raise copays and deductibles as high as possible, and foist as much of the paperwork as possible onto patients. Insurance companies play the single ghastliest role
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