Insurance is often the last line of defense between an individual and financial hardship. People have homeowner's policies that protect them from property damage and personal liability. They also have motor vehicle policies that protect them if they cause a crash. The...
Navigating the aftermath of an accident, property damage or other loss is a stressful time for anyone. It's a period when the terms of a comprehensive insurance policy should provide a safety net. Unfortunately, there are instances when policyholders must confront the...
Being involved in an accident can trigger lots of uncertainty. If you are an accident victim, you may be entitled to compensation for the resulting damages. And this is where the insurance company comes in. But it’s not uncommon for the insurance company to act in...
The insurance sector can be complicated. Businesses in the industry pride themselves, in theory, on protecting policyholders against certain risks, but this is not always the case in practice. Your insurance company may fail to act as promised by denying your claim...
Individuals and businesses invest in insurance policies to protect against both liability and risk. There is insurance to reduce liability while driving, for example, and also insurance to help business owners cover operating expenses if they have to suddenly close...
You probably think that buying insurance buys you peace of mind – mostly because that’s the story that insurance companies are selling. It’s incredibly frustrating, then, to discover just how far some insurance companies will go to avoid paying up when there’s a...
You’re a reliable person who pays your bills and lives up to your obligations. Likewise, you expect others to do the same and honor the commitments they made when you contracted with their company. One industry that routinely fails to live up to its contractual...
When you invest in insurance coverage, you expect the company to make good on its promises to you. You could go years without ever needing to make a claim, only to encounter major backlash from your insurance provider when you finally need support. You may eventually...
Trying to figure out the kind of insurance you need for your home or business isn’t exactly an easy job – and the average layperson has to rely a lot on the guidance of their insurance agent. This can be a serious issue if the agent is more concerned about closing the...
People often assume that an insurance company will pay them as little as possible when they make a claim. To some extent, that’s true. Insurance companies don’t make money by paying out more than they have to. However, they do have an obligation to settle claims based...