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Low-Deductible Health Insurance: Pros and Con

Freeway Insurance

Under these circumstances, a plan with a low deductible might be the perfect fit for you. Despite the great coverage these plans offer, a lot of people avoid low deductibles. However, low deductibles offer many benefits – and challenges – which you should carefully consider before you apply for health insurance.

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5 Must-Know Tips for Comparing Home Insurance Quotes

TGS

TGS Insurance » Blog 5 Must-Know Tips for Comparing Home Insurance Quotes Choosing the right home insurance policy can sometimes feel like trying to find the perfect coffee order—it’s a delicate balance between what you need and what works best for your wallet.

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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

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Tips for Buying Home Insurance

Bankers Insurance

These policies can provide critical financial security as homeowners seek to protect their fiscal stability and property. The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. 3 or 5 years).

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Impact of Rising Interest Rates on Property Insurance

Protect Commercial Insurance

Changes in Underwriting Processes Interest rates can also shape the underwriting processes used by insurance companies. Underwriting involves evaluating risks and determining suitable premiums for policyholders. With rising interest rates, insurers might re-assess risk portfolios and adjust their criteria to ensure profitability.

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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

Most commercial property insurance policies include coinsurance clauses, which encourage policyholders to carry reasonable and accurate coverage amounts. Under a coinsurance clause, a policyholder faces a penalty — usually a reduced payout — if their coverage limit is not at least equal to a predetermined percentage (e.g.,

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

Property Insurance Centre

Accidental damage is not usually covered by a normal building insurance policy. These can be added to your policy for an additional premium. Exclusions Building insurance policies will have exclusions, which are specific events or circumstances that are not covered by your policy.