When an insurance company decides not to renew your policy upon expiration, this is known as a non-renewal. Non-renewals are different than cancellations, which terminate coverage mid-policy. Fortunately, insurers typically cannot penalize you simply for having a non-renewed policy. However, your rates may still increase with another insurer if the non-renewal was due to high … Read more
Health insurance can be confusing, with many different plan types using terms that all sound similar. Two options you may come across are PPO and Choice Plus plans. Although they have some overlap, there are key differences between PPO and Choice Plus that impact costs, provider choice, and how you access care. This comprehensive guide … Read more
If you’ve shopped for health insurance or researched plans offered by your employer, you’ve likely come across the terms “rate” and “premium.” At first glance, these two words seem interchangeable. However, rates and premiums refer to distinct aspects of health insurance pricing. Understanding the difference between insurance rates and premiums enables you to make apples-to-apples … Read more
Underwriters and insurers are both integral roles within the insurance industry. But while they work closely together, these positions have distinct responsibilities when it comes to evaluating risk, pricing policies, and paying claims. This comprehensive guide examines underwriters and insurers in detail, including how they interact and their unique contributions to the insurance process. Keep … Read more
Adding a newborn baby to health insurance is an important task for new parents. Most insurance policies require you to enroll your baby within 30 days of birth to get them covered. But it’s easy to forget this crucial step during the haze and busyness of having a newborn. So what happens if you miss … Read more
When purchasing an insurance policy, you may come across various terminology used to describe the parties involved. Two common terms that are often used interchangeably are “policyholder” and “policy owner”. While they refer to the same role, there are some subtle differences between these terms that are good to understand. This article will explain in … Read more
Insurer concurrence refers to a situation where two or more insurance policies provide coverage for the same risk during the same time period. It is a common practice for policyholders to take out multiple policies to get additional protection beyond their primary coverage. However, having overlapping policies can lead to disputes over which insurer is … Read more
Farmers Insurance is one of the largest and most trusted insurance providers in the United States With over 90 years of experience, they offer a wide range of insurance products for home, auto, life, business and more Knowing the operating hours for Farmers Insurance can help customers get assistance when they need it. This comprehensive … Read more
New York Life Insurance is one of the largest and oldest life insurance companies in the United States With over 170 years of experience, New York Life provides a wide range of insurance and financial products to help individuals, families and businesses achieve financial security Knowing the hours of operation for New York Life can … Read more
Securing your financial future and assets is an important responsibility. Knowing when you can reach your insurance provider is key to getting questions answered and claims processed. With over 16 million policies in force, Allstate is one of the largest insurance providers in the United States. Understanding their hours of operation can help you get … Read more