Remove Broker-Agent Remove Deductible Remove Insurance Claim
article thumbnail

What Is A Home Insurance Deductible?

Simply Insurance

Learn everything you need to know about your home insurance deductible, their options, and how they work! Well, here’s the thing: Figuring out how your homeowners insurance deductible works isn’t complicated and it almost works like any other deductible. What Is A Home Insurance Deductible?

article thumbnail

Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

For HealthCare.gov consumers, in 2021, less than two-tenths of one percent of in-network claim denials were appealed. For those that were, insurers upheld the denial in 59% of cases. If that happens, there are some claims handling best practices you should consider.

Claim 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become a Medicare Insurance Agent

Redbird Agents

It looks like you’re here to learn how to become a Medicare insurance agent? This article breaks down the 8 steps required to start and maintain a successful career in Medicare sales and build a residual six-figure income in five years or less (I’ve coached many agents who have accomplished this in 24 months or less).

article thumbnail

The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation. Educate policyholders about challenging hard market conditions.

article thumbnail

Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Define the maximum amount that you are willing to spend additional in the case of a claim. It is important not to rely only on the words that a broker tells you, try to read all the details. If you have a low credit score, you may be considered a higher risk and could face higher insurance premiums as a result.