We just discussed n0-fault insurance coverage or personal injury protection (PIP) as it is often known. Personal injury protection is first-party insurance. When we refer to PIP, personal injury protection, the car insurance is specific to you and does not cover the person or entity with which you had the collision. This type of insurance [...]
No-fault insurance coverage may be available in your state. This post is about how it works and what you should know. In a similar way to the collision and comprehensive automobile insurance that we have discussed, no-fault insurance is first-party insurance. No-fault insurance is sometimes called “Personal Injury Protection” or just PIP. Let’s call it [...]
Homeowners' insurance and water are not a laughing matter. Your home shouldn't be a liquid asset! Homeowners' insurance may or may not cover water damage, and this is an area you need to know about before signing on the dotted line! Today, I want to discuss a common issue that arises for homeowners: water damage [...]
Homeowners safety tips are always important as reminders and action points, especially in summer or at holidays. Because I write about insurance every day, this blog post is in line with homeowners' insurance. Mortgage lenders want homeowners to have insurance, and you're probably not getting a mortgage without homeowners' insurance! To review, there are several [...]
Perhaps the two primary coverages in an automobile insurance policy are the collision coverage and comprehensive coverage. That’s because more auto-related incidents result in property damage than in any kind of significant bodily injury. Yet, collision and comprehensive insurance coverage are frequently confused and misunderstood. In a nutshell, collision coverage provides insurance protection for physical [...]
We've been talking about subrogation, and here is more on subrogation to help you better understand how insurance companies try to recover claims from one insurance company to another. When accidents happen, the insurance company is on the list of who gets called from the scene of the accident. How Does Subrogation Recovery Happen? 1. [...]
Subrogation is a word that not many recognize, but in the insurance world it is an important concept. We’ve discussed two of the main first-party automobile insurance coverages: collision coverage and comprehensive coverage. To review, those kinds of auto insurance coverages pay you (or a repair facility) for damage to your insured car under the [...]
Managed care mysteries are complex, and that’s why we want to help you understand the various models members select from when purchasing. In the previous piece on managed care mysteries: staff models, we explored a more singular entity almost like a clinic where many services are offered under one roof. If you’re responsible for your [...]
There are many managed care mysteries among managed care organizations (MCOs) especially among structures. It's a challenge to understand all of them. Whether you are still working and faced with health insurance choices through the human resources department or have your own business and need to obtain health insurance to comply with the law, you [...]
This is a continuation of our series on health insurance and in particular, managed care. Managed care can be intricate, so it will be explained in several articles. The term, “managed care” is common and to many, has a stigma of lower quality health care. There may have been a time when that had some [...]