Can i start insurance on a new car with a new insurance provider before the current policy runs out ?

Q. My current car insurance policy runs out at the end of the month and I will not be renewing with them. I am getting a new car approx 2 weeks before the expiry date. Can i start the insurance with another company and 'overlap' the insurance ?

A. You CAN do that since you are changing anyway.

You might want to notify your PRIOR insurance company once you have the NEW coverage in force - just to avoid any duplication of coverage and any "earned premium." If the company automatically renews and you don't inform them, they might try to collect for the time you had coverage in force.

Just show them a copy of your NEW policy and they will cancel the old.

That's the way it SHOULD be done.

Good luck, drive RESPONSIBLY and I hope this helps!

Original Question

Insurance question, looking to start a business, elder home care in Wisconsin.How to become bonded and insured?

Q. I don't think my insurance company (American Insurance) offers bond and insurance for someone in my field. Also need affordable health insurance with relatively low deductible. Any suggestions would be helpful.

A. You'll need to talk with two agents. The first will be a commercial insurance agent for the business. The second will be a health insurance agent. Make sure both are able to represent several different companies.

Original Question

What auto insurance company will give me a good price after lapsing insurance?

Q. I had geico and my insurance lapsed. Everyone wants so much money now since i lapsed previously. Ive tried all the major companies. Does anyvody know of a cheap insurance that i can look into? Right now everyone wants around 7-800$ for 4 cars liability. Rediculous.

A. You let your insurance lapse. That makes you high-risk and you don't get the "good price" on your insurance.

Original Question

How quickly are insurance companies supposed to provide COBRA information after your insurance ends?

Q. I had active insurance until November 2010. Now, the insurance company is saying that it was actually cancelled through my husband's company in June and are requesting the monies back from doctors. However, they didn't even send out COBRA information to me until November 23. Can they do this?

A. How, exactly, did it come to be that your husband's company cancelled his insurance in June?

If the EMPLOYER cancelled the group plan, and no longer has health insurance, then there IS no cobra. Cobra is just a CONTINUATION of whatever the people still employed, have for insurance. If they have nothing, there's nothing to continue.

If the employer sends the COBRA information late, the date they mailed it, starts the clock ticking on the 60 days you have to accept or decline. So, you're within DAYS, and if you WANT to keep it, you can - the catch is, you have to RETROACTIVELY pay your premium for the insurance. There's no "free insurance". So, that would be July through January, and February's payment would be due February 1st.

Yes, they can do this. They're SUPPOSED to notify you within 45 days. Their failure to do that, gives you EXTRA TIME to decide if you want to keep it or not.

Original Question

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What auto insurance company will give me a good price after lapsing insurance?

Q. I had geico and my insurance lapsed. Everyone wants so much money now since i lapsed previously. Ive tried all the major companies. Does anyvody know of a cheap insurance that i can look into? Right now everyone wants around 7-800$ for 4 cars liability. Rediculous.

A. You let your insurance lapse. That makes you high-risk and you don't get the "good price" on your insurance.

Original Question

How quickly are insurance companies supposed to provide COBRA information after your insurance ends?

Q. I had active insurance until November 2010. Now, the insurance company is saying that it was actually cancelled through my husband's company in June and are requesting the monies back from doctors. However, they didn't even send out COBRA information to me until November 23. Can they do this?

A. How, exactly, did it come to be that your husband's company cancelled his insurance in June?

If the EMPLOYER cancelled the group plan, and no longer has health insurance, then there IS no cobra. Cobra is just a CONTINUATION of whatever the people still employed, have for insurance. If they have nothing, there's nothing to continue.

If the employer sends the COBRA information late, the date they mailed it, starts the clock ticking on the 60 days you have to accept or decline. So, you're within DAYS, and if you WANT to keep it, you can - the catch is, you have to RETROACTIVELY pay your premium for the insurance. There's no "free insurance". So, that would be July through January, and February's payment would be due February 1st.

Yes, they can do this. They're SUPPOSED to notify you within 45 days. Their failure to do that, gives you EXTRA TIME to decide if you want to keep it or not.

Original Question

How can a Nationwide insurance agency discriminate aganist a breed of dog trying to obtain homeowners insuranc

Q. Nationwide insurance is discriminatory aganist pit bulls as they do not give quotes or cover homeowners for homeowners insurance if you have a pit bull. I hate bad owners that make it so hard for good owners and good pit bulls, it's absurd!!!! Are there other insurance agencies that do this wrongful act too???

A. I have to say, I support the insurance company on this one. They have to manage risk, and part of that risk the dogs people own. Unfortunately, there are quite a few really bad pit owners out there. Don't blame the insurance company, blame the irresponsible owners.

Besides, to make a comparison- a regular doc's malpractice insurance is about a fraction of what it is for a ob- have you ever wondered why there seem to be a larger number of docs getting OUT of the baby business? Used to, all gyns did OB, now, that number keeps dropping. Mostly because they can't afford to pay the insurance AND deliver babies. Are the insurance companies discrminiating against OB's?

Original Question

How do undergraduate students work at insurance company as sales agent or recruiter?

Q. Would Insurance companies require insurance license for all staff for earning commission and everything? I know students can work anywhere but what about insurance company?

A. If you are going to be selling any type of insurance you have to be licensed. That means you have to be an adult. Some states have different age requirements to be an agent, such as 18 or 21, whatever your state requires. Getting the license is not easy. You have to undergo a very thorough background search including credit check, drug test, criminal background check, meet educational requirements, maybe take a physical exam. Also, they generally want someone who is married. Insurance companies only want to hire the best people to represent them.

You can get a temporary 90 day license while they are doing the investigations. You have to complete a training course and gain practical experience by accompanying a sales manager out in the field while he sells insurance. The sales managers are the ones who do the recruiting.

There are usually at least 2 kinds of licenses, life/health, and property/casualty. The license is sponsored by the insurance company, which is usually exclusive unless you are a broker. That means you can only represent that one company that is sponsoring your license. And in order to get the license you have to take a state exam which takes about 4 hours and is not easy.

If you worked in the home office of the insurance company such as the accounting or underwriting departments, you would not have to be licensed.

If you're considering becoming a life insurance agent you should know that the drop out rate for the first year is 95% and for the second year is 99%. It's an extremely tough way to earn a living.

Original Question

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How quickly are insurance companies supposed to provide COBRA information after your insurance ends?

Q. I had active insurance until November 2010. Now, the insurance company is saying that it was actually cancelled through my husband's company in June and are requesting the monies back from doctors. However, they didn't even send out COBRA information to me until November 23. Can they do this?

A. How, exactly, did it come to be that your husband's company cancelled his insurance in June?

If the EMPLOYER cancelled the group plan, and no longer has health insurance, then there IS no cobra. Cobra is just a CONTINUATION of whatever the people still employed, have for insurance. If they have nothing, there's nothing to continue.

If the employer sends the COBRA information late, the date they mailed it, starts the clock ticking on the 60 days you have to accept or decline. So, you're within DAYS, and if you WANT to keep it, you can - the catch is, you have to RETROACTIVELY pay your premium for the insurance. There's no "free insurance". So, that would be July through January, and February's payment would be due February 1st.

Yes, they can do this. They're SUPPOSED to notify you within 45 days. Their failure to do that, gives you EXTRA TIME to decide if you want to keep it or not.

Original Question

How can a Nationwide insurance agency discriminate aganist a breed of dog trying to obtain homeowners insuranc

Q. Nationwide insurance is discriminatory aganist pit bulls as they do not give quotes or cover homeowners for homeowners insurance if you have a pit bull. I hate bad owners that make it so hard for good owners and good pit bulls, it's absurd!!!! Are there other insurance agencies that do this wrongful act too???

A. I have to say, I support the insurance company on this one. They have to manage risk, and part of that risk the dogs people own. Unfortunately, there are quite a few really bad pit owners out there. Don't blame the insurance company, blame the irresponsible owners.

Besides, to make a comparison- a regular doc's malpractice insurance is about a fraction of what it is for a ob- have you ever wondered why there seem to be a larger number of docs getting OUT of the baby business? Used to, all gyns did OB, now, that number keeps dropping. Mostly because they can't afford to pay the insurance AND deliver babies. Are the insurance companies discrminiating against OB's?

Original Question

How do undergraduate students work at insurance company as sales agent or recruiter?

Q. Would Insurance companies require insurance license for all staff for earning commission and everything? I know students can work anywhere but what about insurance company?

A. If you are going to be selling any type of insurance you have to be licensed. That means you have to be an adult. Some states have different age requirements to be an agent, such as 18 or 21, whatever your state requires. Getting the license is not easy. You have to undergo a very thorough background search including credit check, drug test, criminal background check, meet educational requirements, maybe take a physical exam. Also, they generally want someone who is married. Insurance companies only want to hire the best people to represent them.

You can get a temporary 90 day license while they are doing the investigations. You have to complete a training course and gain practical experience by accompanying a sales manager out in the field while he sells insurance. The sales managers are the ones who do the recruiting.

There are usually at least 2 kinds of licenses, life/health, and property/casualty. The license is sponsored by the insurance company, which is usually exclusive unless you are a broker. That means you can only represent that one company that is sponsoring your license. And in order to get the license you have to take a state exam which takes about 4 hours and is not easy.

If you worked in the home office of the insurance company such as the accounting or underwriting departments, you would not have to be licensed.

If you're considering becoming a life insurance agent you should know that the drop out rate for the first year is 95% and for the second year is 99%. It's an extremely tough way to earn a living.

Original Question

What kind of insurance do insurance companies need to buy for their own company?

Q. I want to start an insurance company, but I need to know what kind of insurance I need to purchase for my own company. I have done research and can't find this. (Please do not tell me how to start one, or anything else besides what insurance I need, if any.)

A. Do you want to start an insurance company or an insurance agency? There is a difference. I'm guessing you want to start an agency because if you had the millions of dollars needed to start an insurance company you'd have the knowledge already or at least the money to hire someone who knew.

For an agency you'll need E & O insurance. Also, depending on your situation you'll need a business general liability and property coverage. You'll need business auto or at least a business classification on your auto insurance if you have vehicles. If you hire someone you'll need workman's comp and possibly health insurance, disability, etc. for the employees.

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What is the worst Insurance company you have ever worked for?

Q. What is the worst Insurance company you have ever worked for? Why was it so horrible?

A. Mega Health and Life. I have not worked for them, but I am a medical biller and work with them. They pretend to help self employed and lower income families, stating that their premiums are low - well that's because they pay NO BENEFITS!! You have a cap of $1000 a year and then the rest is the patients responsibility. They are charging $150/mo ($1800/year) to pay for $1000 in medical bills?!? The worst is the cancer policy that they sell people that pays $1000 - $5000 a year depending on your monthly premium. Anyone with cancer can tell you that $5000 will pay for 1 month of Chemo and ancillary medications. Now these patients have to pay all the medical bills themselves AND the monthly premium for the Mega insurance. That's why they are being sued in a few states!

Original Question

what is the best Insurance to get for a horse?

Q. What is the best insurance that i can get that is reasonably cheap and has full coverage on everything?

A. You could have a chat with your vet surgery as they can usually advise you on and what you need etc of insurance.

Original Question

What is the best pet insurance for your dog?

Q. I have a 5 month old female pomeranian and her DR. said that her knee caps are out of place and will need surgery in the near future to fix them. What is the best insurance to use ?

A. This will be tricky because now that it has been diagnosed, it is considered a pre-existing condition which no one will cover. If your vet says it is a genetic problem, look into Embrace pet insurance. They are the only company I know of that will cover genetic breed related diseases.
http://www.embracepetinsurance.com/default.aspx?partner=endai

If her knee caps are really bad, it is important to fix them soon. Otherwise, her legs may grow crooked and predispose her to ACL tears and hip problems.

Original Question

What is the cheapest health insurance in California for Students?

Q. I am a students planning to attend UC Davis this Fall. I just found out that all California Universities require students to have health insurance. What is the cheapest insurance out there?

A. When I attended UC there was a student health center and I didnt have to buy outside insurance.

You can be covered under your parents insurance until age 26. They must request that with their insurer. That is the cheapest thing to do. You dont have to be a full time student or a student at all. Students do not get special rates.

If your parents have no insurance, you might try Kaiser. Otherwise you can call an independent insurance agent and ask for the least expensive policy.

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