Insurance is a contract between the insurance company and you. Like all contracts, it’s give and take. That’s what makes a good bargain. In this case, we’re talking about an auto insurance policy. So, in return for the premium, you’re asking the insurance company to pay whatever costs arise from the traffic accidents you get [...]
Every time you hear from your insurer, it’s usually bad news. The premium is going up again, the percentage of co-payments is increasing, there are new exceptions to coverage on some of the diseases you thought were covered. As a result, there are nearly 48 million uninsured people in the US. Even the middle class [...]
The relief, in general, is that part of the repayment of a loss which is borne by the insured. Under the policy of civil liability for driving cars, the franchise is part of a damage caused to third parties who will reimburse the insured. In reality, the victim can always call into question the insurance [...]
Subscribe to this blog