Question

 Why is a survey important for an insurance company?

Answer Insurance companies collect premiums in exchange for providing financial relief amidst catastrophe. Insurers profit by investing premiums at higher rates of return than their associated payouts. In... Read More »
http://www.answerbag.com/q_view/2042212

Top Q&A For: Why is a survey important for an insurance company

What is a loss control survey by liability insurance company?

An insurance company sends an inspector to evaluate a risk. Depending on the coverage, the inspector will report on what the insured does and/or on-site conditions. The inspector does not determine... Read More »
http://wiki.answers.com/Q/What_is_a_loss_control_survey_by_liability_insurance_company

Is it ok to change auto insurance after twenty years with the same company as another good insurance company can give a better discount because they already have your homeowners policy?

Answer This is perfectly okay. Things to check on is make sure your deductable hasn't risen significantly, as well as your coverage terms. You know, fine print things.
http://wiki.answers.com/Q/Is_it_ok_to_change_auto_insurance_after_twenty_years_with_the...

If your insurance company gives you the option of being paid directly by them or by the other drivers insurance company which is a better choice?

Answer Depends on who's going to give you more money and other factors such as will your rates go up if your company pays you, etc.
http://wiki.answers.com/Q/If_your_insurance_company_gives_you_the_option_of_being_paid_...

Must you reimburse your insurance company for medical bills paid on your behalf when you get a settlement from the other insurance company even though youve been paying premiums to cover medical costs?

Answer normaly yes, many people dont. you can wait it out, see if they ever catch on. if not go buy some shoes, if they do, which usually takes at least a year, get ready to return the shoes. even... Read More »
http://wiki.answers.com/Q/Must_you_reimburse_your_insurance_company_for_medical_bills_p...


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