When you get added as an additional insured on someone else’s insurance policy, you gain certain protections and rights under that coverage. However, these rights are limited compared to being the named policyholder. Understanding exactly what an additional insured is entitled to – and not entitled to – is important for managing risk. Who Is … Read more
If you have a Medicare Supplement (Medigap) policy and are moving, one key question is whether you need to also switch to a new Medigap plan. The good news is that in most cases, you can keep your same Medicare Supplement coverage when relocating. However, there are some important factors to consider regarding your Medigap … Read more
Wanting to add a family member like a brother to your auto insurance policy is common. Doing so can provide coverage protection and even potentially lower your rates. However, insurance companies have specific requirements regarding who you can and cannot include on your policy. So can you actually add your brother to your car insurance? … Read more
Mileage is a key factor that auto insurance companies use to calculate your premiums. The more you drive, the greater your risk of being involved in an accident. So how exactly do insurers determine how many miles you drive? Do they rely on your own estimates or do they independently verify your odometer readings? The … Read more
UnitedHealthcare, one of the largest health insurance providers in the United States, is facing allegations that it has been wrongfully denying claims using an artificial intelligence (AI) algorithm. Two recent lawsuits accuse the company of deploying technology to automatically reject claims for Medicare Advantage members’ post-acute care. Lawsuits Allege AI Use to Deny Claims In … Read more
Getting into a car accident can be a stressful and confusing experience, especially if you were at fault. You may be wondering if you need to file an insurance claim or not. There are several factors to consider when deciding whether or not to make a claim after causing an accident. What Does “At Fault” … Read more
You’ve likely had a friend or family member ask to borrow your car at some point. It’s a common favor among people who know and trust each other. But before handing over your keys, an important question arises: Will your car insurance cover the other driver if they aren’t listed on your policy? The answer … Read more
When reviewing health insurance options, you may come across plan names and acronyms that can be confusing. Anthem offers a type of plan called an HDHP PPO. What exactly does this mean? Below we’ll explain what an HDHP and PPO are, Anthem’s HDHP PPO plan details, how the coverage works, and who this type of … Read more
If you’ve ever filed an insurance claim for vehicle damage or property loss, you may have come across the term “betterment.” This refers to a betterment clause, which is a common provision in insurance policies. Below we explain what a betterment clause is, how it works, its purpose in insurance contracts, and what you need … Read more
The deductible is one of the most important parts of an insurance plan to understand. It refers to the amount you must pay out-of-pocket for covered health services before your insurance kicks in to start sharing costs. With a $2,000 deductible, for example, you would need to pay the first $2,000 of medical care expenses … Read more