Questions tagged [insurance]
The promise that something will be paid in case of loss. Used to cover important items and reduce personal risk. This tag covers how to get it, how to keep it, what kind, and why you should have it.
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Is there a renter vandalism insurance
I'm renting out my house soon, it there some kind of insurance I can buy to protect me from renter vandalism? I'm living in the Northeast coasts of the US.
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I was asked to write a bill of sale for 6000 dollars over the amount actually paid
I was asked to write a bill of sale for 6k over the actual amount paid. The guy wrecked it and apperntly the insurance company is only willing to pay blue book. It is worth about 9k because it's ...
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Should retiree take insurance from employer or should he/she take from external insurance organization?
My dad is retired bank official in India. I want to know if he should go for health insurance provided by his employer or he should go for other insurance organizations, given say the cover is exactly ...
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Can a US LPR who changed their residency from California to Washington between Nov 2021 and summer 2022 opt out of the Washington long-term-care tax?
Can a US lawful permanent resident who changed their residency from California to Washington state between November 2021 and summer 2022 opt out of the newly established long-term-care payroll tax?
E....
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How to estimate the increase in insurance payments due to making a claim?
Suppose I have an insurance policy (specifically: for house contents), and suffer a loss that is covered by the policy. If I make a claim, I get money now, but the insurance company will probably ...
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Is it rational to buy insurance if I have the same sum in a savings account?
I considered to buy a house-contents insurance. The total value of the contents is quite small, say X. Meanwhile, I have X in a savings account, that I can withdraw at any time. I am not sure whether ...
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If you have insurance of some kind, and you are in an accident, does that mean that they increase your monthly fee?
I've always been confused by things like this:
Joe has his car stolen or drives it into a wall by accident, or some other kind of accident happens which "goes on the insurance".
Joe gets ...
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disability insurance starting medical residency
My daughter will start a medical residency in July 2022. Evidently, she can purchase a disability policy at that time without medical underwriting. I am wondering,in general, do these policies end ...
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How to decide on coverage amount for home-contents insurance?
I am considering to do a home-contents insurance. The insurance company lets me decide by myself on the upper bound for the insurance amount - they do not send an assessor.
I do not have large ...
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I have 5 cars and two drivers, can I cover one car with high liability and the rest with the minimum? California
We are family with lots of cars, 5 and only two drivers. We switch off depending on what we are doing. Commuting, I drive my 2 seater and wife drives her suv. Family outing we take our big sedan, trip ...
Dave Watro
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Insurance Liability for a recently registered Ontario corporation
I just registered a corporation in Ontario, and I'm about to get a contract from USA as a Programmer. I applied for a general liability insurance online in many sites, but they keep rejecting it ...
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Are there alternative options to getting an appraisal for a refinance of my home?
I live in New Hampshire, USA. I'm trying to get my home refinanced and it most likely requires an appraisal (not sure the requirements), but anyway... they want $1870 for the appraisal fee! I'm aware ...
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What's the point of liability insurance?
My question comes from answers and comments to this question: Why is net worth a recommended minimum for insurance coverage
If a lawyer will bleed you dry (take what you're insured for PLUS what you ...
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What is the difference between a deferred annuity and an endowment policy?
This is a follow up question on Financial product where the investor makes regular contributions and receives a lump sum. "Deferred annuity" and "endowment policy" are the ...
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Did my insurance company scam me when they paid less for my car than I saw it selling for at a used car dealership later?
Tree fell on my car, windshield smashed. Other than that I can drive it, I can still get in and drive it around (obviously with limited visibility) had to wear extra protection so I wouldn't get cut. ...
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Financial product where the investor makes regular contributions and receives a lump sum
What is the term that describes a financial product where an investor makes fixed regular payments during X years, and in return receives a big lump sum at the end of those X years?
This is opposite ...
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What can I do with a lying contractor
I made a claim on my insurance. A contractor helped me with the process and promised to repair my house without paying a dollar from my pocket. I endorsed a check and then he asked me for another ...
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Hedging Costly And Unlikely Events With More Than Conventional Insurance
The selling proposition of something like an inflation-adjusted annuity is that the purchaser trades uncertainty for certainty. Even though some simple calculations will show that fixed and regular ...
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All of a sudden my money supply cut off and I have no money, what do I do?
I'm done for. I said some things to my abusive manipulative father and he finally snapped. He's not paying for anything for me anymore. The only reason I still talked to him was because he was paying ...
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Do I have to pay a bill if I say I will only proceed if insurance would cover the visit, and it didn't?
So, i recently went to a doctors appointment. When scheduling my appointment i told the doctor i would only go to it IF it is covered by my insurance. I went to the appointment and gave them my ...
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Can you get insurance on a leveraged trade
The number one rule in trading is to set a stop loss.
However, unless you are in the top minority of traders, there's a good chance you'll set a stop loss that gets hit even on a winning trade.
I'm ...
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Is income protection worth it at a young age
I've just started my first job after completing my engineering PhD.
A financial advisor has said that I should consider taking out both income protection and life insurance. The quoted cost would be ...
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Employment Insurance (EI): Total Insurable Earnings vs Weeks of Entitlement
If one's Regular Weeks Entitlement for the EI is 50 weeks, but the Total Insurable Earnings amount is about $15,000 then does this mean that the EI payments would stop once the $15,000 has been paid ...
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new roof with insurance claim
i got my roof redone recently and insurance paid 22k and it only cost 18k to replace .my name was on check with the roofing company ,so i signed it and gave the check to the roofing company. i have ...
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Does there exist any insurance concept like liability insurance for mobile/computer application developers? [closed]
Lets say that Ram is a freelancer app developer and takes a contract for app development for $6K from an institution. With help of his friend Shyam he develops the app and delivers it to the client at ...
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Will Lloyd's of London really insure brokerage accounts up to $49.5 million?
Some personal investment brokers like Vanguard are "backed" by Lloyds of London:
Assuming a fraudulent loss in a individual brokerage account:
Will they really replace the entire investment ...
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Life insurance and its risks on the insurer and the insured
Consider a life insurance contract designed for independent workers who have little salary and are afraid to lose their retirement opportunity: for example, they will always be obliged to work even ...
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Car Insurance cover for travelling to work
Does anyone know if travelling to work used to be included in Social Domestic and Pleasure car insurance please.
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Term Life Insurance rate will stay inside the same group?
I am reading AAA Term Life Insurance offer. I am wondering that the rate will stay inside the same group until the end of the insurance (80 years old) or will jump to a different group when you are ...
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If I don't trust insurance companies, what alternative options exist to counter a potential earthquake?
I live in Seattle which is well known for potentially having a huge earthquake sometime in the next 1,000 years. I would like to protect my property against such a catastrophic outcome, but at the ...
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School's tuition insurance charge eligible for 529 reimbursement?
My son's tuition bill includes around $100 for tuition insurance. Can I have this paid directly from the 529 account to the university, or must I pay that separately?
Articles I've read researching ...
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Insurance for expensive items in carry-on moving from US -> Canada
I'm repatriating from the U.S. to Canada. My apartment is ending my lease on the day I fly out, then I'll be staying in a hotel for a while before moving to permanent housing.
I have some antiques ...
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Why isn't money in a Wise (previously Transferwise) account insured?
I'm thinking of moving my money to an online banking/transfer services.
After an online search, I selected Transferwise for some reasons.
While I was reading their docs, I found this:
If something ...
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Journals for credit with suppliers
How would I keep a record of payments with an insurance supplier (Zego if that helps) if they bill on the basis that the account gets topped up with credit, then they deduct from the credit on a pay ...
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Insurance product for retirement
I am new in finance.
If I want to propose an insurance product for retired people, and I am supposed to take on financial risks in the hope of profit.
Can someone give me some informative tips of what ...
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Auto Insurance in Michigan: What is the need for liability covereage?
I live in Michigan. Recently, state law changed such that we have "no-fault" auto insurance.
We still must hold liability of $50,000 per person, $100,000 per accident. Since we are in a &...
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When buying an insurance policy, is it necessary to analyze the credit risk of the insurance company?
When saving money in a bank, one does not have to worry about credit risks of the bank because there is deposit insurance. When buying insurance, do I have to worry about the credit risk of the ...
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Should flat owner (in multi-story apartment, living beneath another flat) take both Building insurance & contents insurance
This is UK specific question.
In case of flat, everyone is aware that there's some building wide structure insurance which management company arranged on behalf of flat owners & the freeholder.
...
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Are there any avenues for hedging against the risk of a broke landlord?
My family rents our primary residence in a major city and we pay significant monthly rent, enough to cover two or three mortgage payments in a cheap juridisction. One of the key reasons I have been a ...
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If you change to a new employer, does dental lifetime maximum reset?
Suppose that you have a lifetime maximum with Provider A at Employer A. You use your $1500 lifetime maximum for major work.
Then you get a new job. Then you want to do more major work. You get an ...
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Car insurance gas station mix-up fuels -- gas station made the mistake
We rented a car with Hertz and we filled up our tank with petrol and later on that day our car broke down. The road side assistance people told us the next day that we put diesel instead of petrol in ...
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Do financial institutions cover customers for cases of cybertheft?
No cybersecurity is perfect; accounts can be hacked at any time. If I find that a hacker has stolen the money in my bank or broker account, does the financial institution cover that; or is it my loss,...
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Validity of an exchanged foreign driving license
I exchanged my EU driving license (obtained back in 2004) into a UK one in 2015. The UK driving license therefore says 2015 under 'Date of Issue'.
I'm in the process of getting quotes for car ...
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What kind of insurance do I need for my little house in a garden?
There is a small house located in my orchard in Germany. The orchard contains mostly fruit trees and is situated in a landscape protection area. The house has two stories and is built of stone, but it ...
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If I buy life insurance in one state, and then move, does my life insurance policy still cover me in a new state?
I'm planning on moving to a new state next year, but in the meantime I want to get some life insurance to protect my family from any unfortunate tragedy that may befall me along the way.
Looking into ...
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How do I get my insurance to treat an ambulance charge for a 5150 transfer as "in network"?
My daughter became suicidal and after taking her to our local emergency room she was placed on a 5150 and was subsequently transferred to the nearest inpatient mental health faculty. Our local ...
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Turning 30, getting driver's license for the first time, need insurance
This is a bit embarrassing, but I am turning 30 and am just now trying to get a driver's license for the first time. I own my own car, just bought it recently to learn to drive, but I don't have a ...
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Who pays the premium for bank deposit insurance?
Normally, when I want insurance coverage (e.g. for my car and house), I have to pay a premium to the insurer. My bank account comes with deposit insurance to insure me against bank collapse. It looks ...
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Universal Life Insurance or Term Life Insurance?
I am new to this website and asking for your help with a situation related to my personal finances.
I have a friend who recently joined WFG (World Financial Group) and they were asking for me to join ...
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Business banking insurance above FSCS £85,000 [closed]
In the UK, the Financial Services Compensation Scheme (FSCS) provides insurance for bank deposits up to £85,000. Is there an insurance (or financial product) that provides coverage above this ...
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