Q. I am searching for different auto and home insurance. Erie insurance has given me a good quote. Are they a good insurance company?
A. I think they're great - but they are a REGIONAL carrier. When I lived in PA, I had them for house and car insurance. My PARENTS have them now, in OH, at my recommendation. But now that I live in TX, well, they don't write insurance in TX, so I'm out of luck. :D
Is there a chart somewhere on the net that compares the timing of auto insurance companies settling on claims?
Q. I am trying to find out if Farmers auto insurance settles quicker than Nationwide insurance and vice versa. I have Farmers auto and home insurance now and considering a move to Nationwide.
A. Hard question to answer. There are simply too many "what-ifs" in each claim. Just because a company took along time to close a claim doesn't necessarily mean it was the company stalling or holding out payment. Each state has fair claim laws that dictate what is a reasonable amount of time to communicate a decision on a claim.
It seems that speed of settlement is important to you so I won't try to change your mind. I, as an agent however, have seen too many people fall for a company because of just one thing. It could be strictly a lower price, some "discount" or simply savy marketing.
My recommendation is to find a company that can deliver more of a total package for you. I would start with the agent. Many time just having a thorough, competent and professional agent can speed up the claims process, among other things. This agent should be one that is close to you or your work if at all possible (it just makes your life easier). You can get quotes from a few agents and then compare how the rates apply to your situation.
Again if speed of claims is important to you then by all means continue your search for the fastest. But you should consider that if you are a good risk, how many claims are you turning in and how frequent? If you turn in a lot of claims (1 or more per year for a few years in a row) you will end up paying so much in premium it won't matter how "fast" any company is at paying you.
It seems that speed of settlement is important to you so I won't try to change your mind. I, as an agent however, have seen too many people fall for a company because of just one thing. It could be strictly a lower price, some "discount" or simply savy marketing.
My recommendation is to find a company that can deliver more of a total package for you. I would start with the agent. Many time just having a thorough, competent and professional agent can speed up the claims process, among other things. This agent should be one that is close to you or your work if at all possible (it just makes your life easier). You can get quotes from a few agents and then compare how the rates apply to your situation.
Again if speed of claims is important to you then by all means continue your search for the fastest. But you should consider that if you are a good risk, how many claims are you turning in and how frequent? If you turn in a lot of claims (1 or more per year for a few years in a row) you will end up paying so much in premium it won't matter how "fast" any company is at paying you.
How much to pay my daughter to take care of her grandfather?
Q. My father-in-law recently fell ill and has been transported to a nursing home. Insurance will cover 100 days in the nursing home. We would like to bring him home but he needs someone to be there with him constantly, as he is unable to do much for himself. We were thinking of paying my 23 year old daughter to do this as she had a baby 8 months ago and is between jobs. Although she has not had any medical training, she is extrememly bright and I know she could handle this, plus, she loves her grandfather very much. What would be a "fair" price to pay her? We live in Ohio.
A. Although I agree with the PP sentiment, I also understand your desire to kill 2 birds with one stone so to speak. I am sure your daughter would willingly do this for free if needed but since she is in need of a job and is close with her grandfather this may well be the best for both of them. I worked with the elderly briefly last year and Fair pay for a Private caregiver is about 15$ an hour although a company would only pay her about 9 of that. I would suggest you search for a free NA (Nurse's Aid) class near you they usually only last 1-2 weeks. They are almost always free and offered my churches or nursing homes. This will help your daughter to be able to provide your father-in-lw with better than average care. Her being there for him will help a lot but she also needs to know about exercises and nutrition as well. Plus basic ROM and some other things to help her give him a better life. If you can't find a class near you a local library will have book on caring for the elderly and I cannot stress how important it is that she either take the classes or read these book and learn CPR before taking on the full time care of your father. Although love is wonderful it is not enough and the elderly are not like us or babies they have very specific needs.
Where can i find insurance to cover my eye glasses in case of loss/breakage?
Q. I just bought a nice pair of glasses and I am concerned i might lose them or accidentally break them. I searched online for an insurance company that covers it but there doesn't seem to be any. I know home owners insurance sometimes covers it, but it would such as a hassle and not worth it to go through claims if they do. It would be much easier having a dedicated insurance company. Any ideas?
A. Try your optician. I just got new eyeglasses and they came with a breakage guarantee included in the price.
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