What is insurance rebating?

Answer Insurance is a competitive business. Regulative authorities have enacted several laws to keep the marketplace fair for agents and to protect consumers. One of these laws prohibits "rebating," which... Read More »

Top Q&A For: What is insurance rebating

What is the definition of rebating according to the model act?

Answer Rebating is when an agent, offers reimbursment to an applicant (in any form) for applying for or continuing to renew a policy. It is very illegal.

What are the definitions for liability insurance medical payments insurance uninsured motorist comprehensive and collision for auto insurance?

Answer Liability insurance: The coverage found on any auto policy that handles damage you cause to another person's property, either directly or indirectly with your car.Medical Payments Insurance:... Read More »

Can an employer force you to keep insurance on dependent children if your ex has insurance on them but the insurance won't drop coverage unless there is a court order for the ex to cover them?

Answer Your employer can not legally force you to insure anyone unless the employer is in possession of a court order that requires the employer to keep this coverage in place. Answer In going thru... Read More »

If you have uninsured motorist insurance are in a accident and its you fault other driver has no insurance or drivers license can you get your car fixed if you only have liability insurance?

Answer As a broker, I can tell you NO, there is no coverage if you are at fault. Now if you are only partially at fault, example, 50%, and it's proven, there may be coverage under your carrier. I... Read More »