Remove Out-Of-Pocket Expense Remove Policy Remove Premium
article thumbnail

Spring is here, let’s get our recreational vehicles out

Shield Insurance Agency

It’s a common misconception that standard auto insurance policies will cover recreational vehicles. Standard policies typically do not extend to these types of vehicles. That’s why it’s essential to work with a trusted agent who can explore your options and find a policy tailored to your specific needs.

article thumbnail

Four reasons to not wait until January to enroll in an ACA health plan

Healthinsurance.org

Or you might have opted to buy ACA-compliant coverage outside the exchange , if you weren’t eligible for premium tax credits (subsidies) the last time you looked. In addition to being more widely available, premium subsidies are also larger than they were before the American Rescue Plan.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can You Have Private Insurance and Medicaid?

Smart Insurance Agents

Coordination of benefits between Medicaid and private insurance maximizes healthcare coverage and minimizes out-of-pocket expenses, with Medicaid typically serving as a secondary payer. Careful consideration is needed to maximize benefits and minimize out-of-pocket expenses.

article thumbnail

How Rent Guarantee & Home Emergency Insurance Can Save Landlords Money

Protect Commercial Insurance

Benefits for Landlords There are several compelling benefits for landlords who choose to invest in Rent Guarantee Insurance: – Continuous Income : Perhaps the most notable benefit is the assurance of receiving rental income on time, which is essential for meeting mortgage payments and other property-related expenses.

article thumbnail

5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

Make sure to understand the specific perils covered by your policy, as not all natural disasters might be included. Assessing the Value of Your Property Accurately The value of your property directly affects your insurance premiums and the amount you’ll be compensated in case of a claim.

article thumbnail

The Real Cumulative Cost of an Auto Insurance Claim

Freeway Insurance

Increased premiums When you make an insurance claim after an accident, especially if it is your fault or a large claim, there is a chance that your insurance company will charge you more for your insurance in the future. This is called a premium increase. These are called out-of-pocket expenses.

article thumbnail

Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

This often happens when trying to save on premiums. However, in the event of a claim, this can lead to substantial out-of-pocket expenses due to insufficient coverage limits. Ensure your policy covers replacement costs rather than actual cash value, as this accounts for the depreciation of your assets.