Des Moines Car Insurance
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Group Auto Insurance

Group auto insurance accommodates both big and small businesses as well as organizations and even different significant groups of people such as a cooperative, a club, a congregation, or even a vintage car drivers' association. As long as the business is represented, your company can get business car insurance through a group auto insurance. Now, what makes it beneficial for the group and its members?

When vehicles that are issued by the company are provided to employees for business purposes, each has business car insurance.Pakistan InsuranceThe insurance policy is taken under the name of the business and is a lot cheaper than getting an auto insurance policy for each employee separately. Group auto insurance can ensure a cheaper rate since it is taken in bulk. Think of it as merchandise that you just bought at a wholesale price. Another benefit for the company is that with business car insurance like this, auto insurance companies make sure that they maintain a good relationship with you. So, they give the best coverage and even add some extended deals with the employees' family members to make sure that they have your loyalty. With this type of business relationship, we can say that it is good for both parties. The company gets the best perk, and the auto insurance company has the benefit of getting more policyholders at once.

How about for the employees? How can they get a good deal with business car insurance such as group auto insurance? Well, the most promising characteristic of it is that it does not force employees to be in the insurance. It becomes an option and not a requirement. If an employee wants to get business car insurance from another auto insurance company for his or her issued car because of personal preference, they can do so without any friction from management.Pakistan InsuranceAnother is that, if they opted in, they can easily opt out of it. In terms of payment, group auto insurance does not follow a certain schedule that is to be followed by all the employees who opted in. It understands each employee's possible financial dilemma and so they are given different payment terms.

With the benefits explained, it is really much better to get good deals on business car insurance through group auto insurance.

Frequently Asked Questions

  1. QUESTION:
    Do group health insurance plans provide for covering costs of auto insurance?
    Do group health insurance plans provide for covering costs of auto insurance?
    free lessons (video) how insurance works:
    http://proxyorg.cn/health-insurance.html

    • ANSWER:
      one insurance has nothing to do with other

  2. QUESTION:
    Do group health insurance plans provide for covering costs of auto personal injury after auto ins PIP pays out?
    Do group health insurance plans typically cover balances remaining for treatment related to automobile accidents after auto insurance personal injury protection has paid its maximum benefit?

    • ANSWER:
      Usually not. You may have to sue the person that caused to accident.

  3. QUESTION:
    Farmers Insurance Group - Auto?
    I'd like to know if anyone that has Farmers Auto Insurance and had to file a claim. Did they pay your, medical bills? They are in a PPO Network. If a doctor is Not in there network they try to pay them the PPO prices. I ended up being suied by a doctor that was not in there network! Did you know Farmers Insurance is owned by Zurich Insurance?

    • ANSWER:
      Statistics:
      Wholly Owned Subsidiary of Zurich Financial Services Group
      Incorporated: 1927 as Farmers Automobile Inter-Insurance Exchange
      Employees: 16,000
      Total Assets: billion (1997)
      SICs: 6311 Life Insurance; 8741 Management Services

      Yes, that's pretty widely known. And?

      Farmers will pay doctor bills in some cases where they have taken responsibility for them, and if you use a doctor in their group, the bills will be 100% paid. If you choose a doctor outside the group they will pay only ordinary and customery fees for treatment related to the claim.

      If your doctor charged higher than customary fees, or tried to bill for something not connected with the accident, that would be your bill to pay.

  4. QUESTION:
    what is fedex canada's auto group insurance?

    • ANSWER:
      I would think that they self-insure, with a really high retention amount and an excess over policy.

  5. QUESTION:
    Can anyone tell me which group insurance a Jaguar XJ8 auto come in?

    • ANSWER:
      48, according to Parkers.co.uk

      My Jag is group 41 :S

  6. QUESTION:
    Is Al-Quida a high risk group for auto insurance?

    • ANSWER:
      No they are not and can never be. They are notorious for blowing up people - not automobiles

  7. QUESTION:
    where i can find group explain about auto insurance?

    • ANSWER:
      see this site http://top-cheap-auto-insurance.blogspot.com/2008/06/cheap-auto-insurance-car-insurance.html
      i m sure it will help you...
      enjoy it...
      ;)

  8. QUESTION:
    Is MetLife auto insurance any good?
    I qualify for Metlife group auto insurance from my employer and thinking about switching to it.

    • ANSWER:
      I've been with them for some years now, my rate has gone up and down. But through the changes I've found them to be the cheapest. If you sign up with them, do take advantage of the 'Good driver program', you'll save some $$$. Service is good. Yes, my company also qualified me for group discount.

  9. QUESTION:
    where i can find group of explain about auto insurance?

    • ANSWER:
      check this site http://top-cheap-auto-insurance.blogspot.com/2008/06/cheap-auto-insurance-car-insurance.html
      this site will help you for your question
      enjoy it...
      ;)

  10. QUESTION:
    We just joined the Hartford group thru AARP for our auto insurance and I would like to pay my bill online.?
    How do I set this up?

    • ANSWER:
      Use the web site.....aarp.thehartford.com/
      In the tool bar click on Manage my Policy
      Then click on Online Service Center...

  11. QUESTION:
    is there a list of auto insurance reform groups for massachusetts?

    • ANSWER:
      im from caly

  12. QUESTION:
    Are there any self-insurance groups for personal auto insurance? I live in California?

    • ANSWER:
      Most states will allow you to post a bond to self insure. I'm not sure the bond amount in CA but in my state it is ,000.

  13. QUESTION:
    Anybody have any reviews for GO AUTO INSURANCE? THANKS?
    I am looking at purchasing full coverage on a new car and was wondering if anybody had any experiences with GO AUTO INSURANCE. This is a Louisiana Based Auto Insurance group and they currently have the lowest rates for the vehicle I want to insure. Thanks in advance!!

    • ANSWER:
      Just get a quote from insurers you get from yellow pages,. the internet, the TV, the radio.
      Simply don't go for the first price they quote you but spend a few days collecting data.

  14. QUESTION:
    Do you have to put money down on auto insurance?
    I am in the process of getting a car. I am a 19 year old female and I am going to be joining onto my parents auto policy with concord group. Now my question is...am I going to have to money down on the insurance when I have it go through? I know some places do and don't. Will concord group want me to? Especially since I"m hooking on with my parents.

    I want to know now before I go to finalize stuff with the dealer tomorrow. Thank you :D

    • ANSWER:
      I doubt it because you and your family already do business with them. They may simply send a bill.
      If the car is put into your parent(s) name(s) it may be cheaper

      You may want to read below and educate yourself on "household insurance" rules.

      Insurance companies want to know about all licensed household members (it does not matter if they are young or old) so they can calculate their potential risks for having you and these drivers covered by your insurance policy. When you purchase liability insurance (which every auto insurance policy has), there is a law that < REQUIRES > insurance companies to cover all household members who have a drivers license. Most all insurance companies will require that you either add licensed household members to the policy or exclude them. This is because as household members it is assumed they have access to your vehicles and may drive them at any time. These drivers are thus a risk/rating factor to be taken into consideration.
      Many state laws require it, and your policy contract has in it terms that say you must inform them of licensed drivers dwelling in your household, so that they can add him as a driver to your policy and rate accordingly or exclude him. Excluding anyone from your car insurance would mean that you are not paying extra on your policy to have him/her as a driver and thus they are not extended any coverage by your insurance policy if they were to drive your car and be in an accident, even if it were an emergency situation.
      So most insurance companies will require you to place the non-relative household member on your insurance policy as a driver if he is licensed. All licensed household members are normally required to be listed as a driver or excluded on an auto insurance policy by the insurance provider.
      If you have a licensed household member, whether a relative, roommate, etc, the insurer believes that the person will have access to your vehicle and thus is a rating factor that should be on your insurance policy. If the person really is not going to drive the insured vehicle then there should not be an issue with excluding them. Without you signing off on the exclusion the insurance company cannot really believe that a licensed household member may not drive your car.
      State laws differ however. Typically, insurance companies are allowed to use classifications that reflect a possible exposure for liability on the part of the insurer, in the event that bodily injury or property damage occurs due to the operation of the vehicle by anyone in your household.
      The perceived risk for non-household members by an insurance company is different and that is why you can normally let a friend that does not live with you borrow your vehicle without adding him or her to your policy.
      A friend may occasionally borrow your car and be covered by your insurance because they do not have regular access to your car and thus are not rated as a risk factor on your policy. If you do have someone outside of the household that regularly drives your car then normally an insurance carrier usually would also want this person listed an occasional driver so they would be properly covered in an accident.

  15. QUESTION:
    Can someone give me a good auto insurance company for full coverage for the under 25 age group?
    I'm not looking into going on those sites that compare quotes (already tried it).

    I just want a direct name of a good auto insurance company for full coverage. So far I've been quoted from 0-1000 for full from allstate or mercury.
    I just got off the phone from a progressive agent, and although she was very kind, the insurance surpassed the 1000 range to 1118.90
    Chase R- where the hec are you getting your full coverage car insurance from, are you sure its full coverage? Are you talking about monthly payments? Im going by the six month interval
    flirtygirl- good call, thanks for the advice

    : D

    • ANSWER:
      You can try Geico or progressive, usually have very good price, you can get quotes from this companies here

      bestinsurance.notlong.com

  16. QUESTION:
    Pay-as-you-drive auto insurance: do you think this is a good idea?
    An alliance of insurance companies and environmentalists wants to bring a new kind of mileage-based auto insurance to California and charge motorists only for the number of miles actually driven.

    Called pay as you drive, the option is available from a few insurers in 34 states ... as well as Canada, Japan and Europe.

    One company, GMAC Insurance Group, says its customers -- whose mileage is tracked by General Motors Corp.'s OnStar system -- have reduced the premiums they pay by 13% to 54%....

    The system could cut motoring costs, protect the environment and reduce traffic congestion, boosters say. Opponents, mainly privacy advocates, say they fear that insurance companies could begin tracking more than just a driver's mileage. High-mileage drivers could also see higher rates.

    from the Los Angeles Times

    http://www.latimes.com/news/science/environment/la-fi-carinsure15-2008jul15,0,6970018.story

    • ANSWER:
      General Insurance Agent

      I'm sorry but you and the linked Los Angeles Times article have totally misunderstood the entire matter. It is not "Pay as You Go. All Insurers already consider your annual estimated mileage. Most people estimate 13k to 20k or so miles a year as their average. So some of us underestimate and others over estimate on our insurance appplication. An insurer currently rarely ever requires you to verify your annual mileage.

      Most people never even update the application they signed years ago when they first applied for insurance. In the end it all pretty much washes out in the claims presented to the company,

      For those who currently overestimate their annual mileage, Knowing the actual miles driven can help them save some money.

      With the guy featured in the article as an example, He probably originally had all three of his vehicles rated for regular use. Since he's only one guy and can't drive all three vehicles simultaneously, he can have one vehicle which is probably his daily driver rated fro regular use, the other two vehicles can likely be rated as occassional use and/or recreational use easily resulting in the savings mentioned.

      Anyone with multiple vehicles can do the same, Just talk to your agent about it.

      The drivers at the highest risk for an accident and other claims are young drivers and drivers who live in concentrated population centers regardless of the miles driven. Not people who drive more miles.

      This is not any exciting revolutionary new concept, in fact it's not anything new at all, it's not a new type of coverage or concept of coverage and it's not a pay by the mile system.

      It is however, A good publicity stunt on the part of the named insurer and it's sister company.

      Take Care.

  17. QUESTION:
    Why not sell medical insurance like Auto insurance?
    I know this is long but please bear with me.

    Rather than set up a separate government run medical insurance or expansion of medicare to the general public....One criticism of government care is that it will be in direct competition with existing providers. Ultimately siphoning insurance customers away from traditional plans and onto the rolls of govt care causing these providers to go out of business.

    Here in my state the auto insurance companies MUST offer the same basic minimum coverage in order to do business in the state. Everyone here must have at least the same basic level of insurance (both auto and medical) . You can go to any provider you choose and this basic minimum insurance level costs the same . If you want more insurance you can pay for additional coverage. But that basic plan is available to all.

    So why not have a similar program for medical insurance as part of a nation wide group policy. This group can be subsidized by the government but it would be managed by the existing insurance providers. (In other words if you want to be in the insurance business you must offer and support this minimum plan which would be a foundation for any other plan you offer) The govt pays the insurance company a flat rate to manage each person enrolled in the basic plan.
    The more money the company saves (the better they manage the insurance) the more money they keep. However if that company provides poor management it will cost them. Either subscribers will change management companies if they feel they are getting a raw deal or wasteful management would not be payed for by the government.

    One advantage I see here is that consumers would have an alternative providers to go to if they feel wronged by a particular management company. Insurance providers also have an incentive to offer additional services to the basic plan members in order to attract more subscribers and earn money.

    With a govt program like medicare your stuck with the one provider (the governement).

    As they say One Choice is NO Choice....

    If someone wants additional insurance they can buy additional coverage from any provider they choose. But No one could be denied coverage for the standardized basic plan. Since everyone is part of this national group policy the basic insurance is portable and independent of supplemental policy one may have. So if you change jobs or move to a different state you may loose the supplemental policy BUT your basic coverage remains intact. You merely transfer the company that provides the management services for the basic medical.

    Insurance providers would get paid by the fed to manage the participants in the basic plan for each participant in the basic plan. this would put market forces into play for the insurance providers to make money by attracting additional participants through better service or offerings. COunter to this is if the consumer gets crappy management services they can transfer to any other insurance provider.

    • ANSWER:
      i agree with the other 2 posters.

      auto does not have malpractice, but they have "bad faith" which is just as bad as malpractice if filed against the company and the company loses.

      as for some insurers only accepting preferred customers that is true also, but there are many that only take the minimum limits and high risk only since they make more money. i have worked under both.

      i agree if all policies could be 'standardized" like auto.

      in auto you pick your coverage and limits . when you file a claim for your auto, it pays for the damages.
      if you get injured, it pays the medical bills
      if negligent, it pays so you don't get sued
      if other party has no insurance or not enough, it pays that also.

      the exclusions in most policies are basically the same so no surprises there. in some companies they will slip one in that no one has, but those are few.

      after 3 years, most companies will void prior claim history and you start over, whereas have a preexisting condition precludes you from obtaining insurance in most states forever until you reach 65 and can get medicare.

      most people will disagree with you, but i have thought for years if health insurance policies would follow the same basic rules as auto, that if you file a claim, they pay subject to your deductible and you can rest assured not going bankrupt.

      but health insurance needs to be made mandatory for all.

  18. QUESTION:
    If Sexual Discrimination is allowed with auto insurance companies, why isn't Racial Discrimination allowed?
    If statistics show that males are a high risk group and should be charged more for auto insurance, why aren't their studies done on certain racial groups to determine which ones are riskier drivers?

    There are certain stereotypes that tend to ring true such as Asians being bad drivers. I'm half-asian and have seen this countless times. Why aren't Asians charged more for insurance? Is it because insurance companies are scared to show a racial bias? And yet for decades, it's normal and acceptable to show a sexual bias?
    "let's face it, here in the USA, most people have mixed origins."

    That is very true, however, most people identify themselves as one particular race. When the government comes out with consensus data, they don't have categories for 10% white, 20% white, 30% white, etc. You're either white or you're not.

    So yes, race is quantifiable based on a person's identity and a general consensus.
    I have no problem with a guy that has 5 DUI's getting charged higher rates. What I do have a problem with is being a male driver that has had no accidents but was forced to pay higher rates with the ASSUMPTION that I would get into accidents.

    Obviously if you do the crime, you do the time. But insurance companies shouldn't punish innocent young men just because there's a possibility of something happening in the future.

    And good driver discounts don't matter. I had that discount plus driver training discounts and it still was nowhere near the cost of insurance was for female drivers.

    • ANSWER:
      Sex discrimination isn't allowed in ALL states, with auto insurance (or life insurance, even though women live longer). So that's on a state by state basis.

      Regarding discrimination in auto insurance rates, insurance companies decide how to discriminate, based on the claims data. So, the guy with 5 DUI's gets lumped in with all the other guys with 5 DUI's, and they look at the claims, compared to the guys with NO duis, and as long as there's a difference in claims, that discrimination is LEGAL.

      However, federal law currently prohibits ANY discrimination by ANYONE based on race, national origin, religion, etc. Additionally, insurance companies haven't compiled any data showing, as a group, that once race has on average more accidents than another race. Plus, race is very, very nebulous - after all, what you're talking about, is the color of someone's skin. You'd have to get a color card, and match up their skin tone, and then put them in a group that way? Because let's face it, here in the USA, most people have mixed origins.

      "Asians are bad drivers" - does that mean immigrants, or if your great great grandfather immigrated here from China, and you have no "asian" features, because of him you get those rates? It's pretty impossible to say.

      Don't forget - not all discrimination is wrong, or illegal. Yes, teenage boys have more accidents than anyone else. That's a FACT, proven by data - it's not ILLEGAL discrmination. And when you go out to a restaurant, and order a bacon cheeseburger, instead of liver and onions, well, YOU are practicing discrimination, too! That doesn't mean it's wrong, or illegal.

      These days, people "feel" more than think. The word "discrimination" has a lot of negative connotations - but most people lose sight of what it really means - picking one thing, instead of another thing, for ANY reason.

  19. QUESTION:
    Do you know of any auto insurance companies that don't base your rates on your credit report?
    Due to an illness/ disability in our family, despite having health insurance, we still owe thousands in medical bills. Those that would not work with us turned them into collection. They now show on our credit report.

    Despite being insured for both our auto insurance and our home insurance for 20+ year with the same insurance company, we got a notice saying our auto insurance had gone up hundreds of dollars per year based on a credit report they obtained. We have never had an accident, ticket, etc. and the amount automatically comes out of our checking each month. Plus, last year, prior to this, they switched us to a preferred group within the company and gave us a discount when we threatened to switch.

    How can I find out which insurance companies base your insurance rates on your credit report and or score? Will they tell you outright? This is the first I have ever known that our company did this and was wondering if all of them do it, or do you just know about it when you get a notice like we did?

    I get their reasoning but it seems like such a rip off when so many are in our boat- insured but with insurance that is starting to pay less and less and cost more. Plus, they have our checking account and if we were not to pay, they wouldn't be responsible for us if we had an accident anyway. Seems like a double whammy to me. Can anyone help?
    I am in the state of Indiana. Previously they switched us to a preferred group by sending us a letter saying we qualified and the new lower rates. We went in and signed up and the new rates went into effect at renewal..until this latest renewal when they went even higher than our original rate they lowered.
    Sorry ED, but American Family is who we have had for all these years and who is doing this credit report thing.

    • ANSWER:
      Allstate or American Family are the most likely to ignore the credit (i don't work for them)..

  20. QUESTION:
    What bank does Liberty Mutual Group use in the state of MA?
    I use Liberty Mutual for my auto insurance. My vehicle was recently declared a total total loss and they are sending out my insurance check today. Because i plan on purchasing a replacement vehicle by Friday I want to be sure that I can cash the check at a bank within MA (Bank of America, Citizens, Sovereign, etc. etc) vs an out of state bank which would more than likely take more than one business day to clear .

    • ANSWER:
      THE ANSWER IS CHASE. I JUST CASHED ONE FROM THEM.

  21. QUESTION:
    Yea or Nay: eliminate medical portion of auto insurance?
    [America] The medical portion of your personal auto insurance, plus most of the Uninsured/Underinsured coverage, could be eliminated if the government collected a larger tax on motor fuel instead.

    This would have the effect of forcing those currently without auto insurance [said to be 18% of vehicles in my state] to pay at least something toward the cost of the accidents they cause [reported as 22% of accidents in my state].

    Gas guzzlers, speeders, and overlarge tubs that are on the highways would likely pay more than others who drive the same mileage. It seems likely that people who drive a lot of miles would save as much on the insurance as they'd pay via the higher gas tax. Everyone who now buys these insurances but isn't one of these four groups would likely see their total costs go down.

    Naturally, the government would pay the hospitals and medical people for the care rendered. This would eliminate their losses on charity care for auto accident victims. It would also prevent ordinary families from being forced into bankruptcy by unpaid medical bills caused by some other driver.

    This proposal does not cover either "lost wages" or "pain and suffering" or "collision" -- victims would still sue the driver who causes the accident for these damages and could still purchase insurance to cover their vehicle and themselves for these risks.

    My back of the envelope estimate for Florida alone is that auto insurance costs [payments to the insurance companies] would go down about billion a year and these funds would be paid directly to medical care providers without any "who's fault is it?" arguments and their related legal and paperwork costs.

    IF further research demonstrated that the system could function as described, would you be in favor of doing this to eliminate this portion of auto insurance, or would you be opposed?

    [why in favor or opposed would be helpful -- I'm trying to craft something here for the next session of the Legislature.]
    added points:

    naturally, the government will not pay medical care providers at their hugely bloated billing prices, but rather at something like what insurance companies currently pay.

    Everyone is covered all the time. Fault does not enter into the picture. Commercial vehicles, due to weight and number of passengers, may be required to carry supplemental insurance for losses exceeding 0,000.

    You may still sue for lost wages, damages to your vehicle and property, and pain and suffering.

    Taxing drivers' licenses and/or vehicles at registration would not be nearly as effective since an estimated 9% of cars on the road are not being operated by a licensed driver and/or do not have valid registration.
    Alex: your "elderly white lady" already pays extra -- first in UU insurance coverage and second in taxes to support the public hospital where the indigent auto accident cases without insurance are treated. The point of this is to force the uninsured drivers to pay.
    Bubbles: please increase everyone's taxes to pay for the added police and courts and jails you want. Unfortunately, I wouldn't want to live in your imaginary country.
    Dear Neo -- the other "solution" when an uninsured driver hits your car, or pulls a "Nike" a la Bubbles [below] is to shoot him. I'm sure that would be just fine with you.

    • ANSWER:
      No, I think craft legislation requiring the enforcement of the immigration laws. Here the illegals drive with what we call "Nike" insurance. They hit your car and then run. So, we have to carry extra. I

      Additionally, legislation to improve the way insurance is proven. Geico gives insurance proof cards for a year. Even if you stop paying and the policy is not valid, you get a "good" card. This card can be shown at an accident, and the police don't consider this fraud.

      The laws we have are fine, they are just not enforced!

      Edit:

      Fabulous, so you want to enact "regressive" taxation? Don't know what that is, look it up. You asked for an opinion, and like most politicians, if you don't like the answer, spin. deny and accuse. If you want to raise the darn fuel tax, then put it towards enforcement of the laws that are already on the books. At least it would be correlative taxation.

  22. QUESTION:
    Auto Insurance Addition? All State?
    I'll be 16 next year. I'm getting a used 2008 Ford f150 fx2 sport. My parents have a good insurance plan. everything is grouped together. the two cars house etc. if my parents and i are very good drivers about how much will the insurance cost for me if I'm added to the plan

    Thanks

    • ANSWER:
      You'll get the multi-car discounts--10 to 15 percent--by going on your parents'policy, but it will still be steep because you're 16. If the truck is finainced, you'll also have to pay physical damage premiums (comp and collision), and those will be simply horrendous, no two ways about it.

      You may have your heart set on the F150, but it will cost you. When you see the likely premiums, you might change your mind!

      You need to call your parents' agent and ask what they'll be.

  23. QUESTION:
    Car Insurance?
    Which insurance company do you have that has given you really cheap rates?

    I'm 22 yrs old, anyone around my age group with cheap auto insurance?

    • ANSWER:
      Anyone that gives you a definitive answer to your question is an idiot. Every insurance company weighs certain factors differently. The most important are your age, driving record, your zip code, your credit and the vehicle you are insuring. There is no "one" company that is cheapest in general. You you will have to go online and get tons of quotes until you find the lowest one for you and your situation. Look for some insurance brokers and let them shop for you. Shop around some every 6 months or so to make sure you are still getting the best rates.

  24. QUESTION:
    Why is my insurance so expensive?
    I am looking to buy an hyundai coupe 1.6 auto and I am wondering why all my insurance quotes are so expensive. These are my details.

    18 years old
    0 NCB
    Full Licence held for 8 months
    Only need up to 4000 miles a year
    car is worth £2000
    Will use it for Leisure and commuting
    Only need Third Party Fire Theft
    Live in the South east, in east sussex

    I have been speaking to a few people who own these also and they are getting much cheaper quoted than I am getting and they need more than me like they have a 2 litre, 10,000 miles, newer model car like 2002, car is worth more.

    As an example a person I have been talking to is also 18 and he has got a 2002, 2 litre and his car is worth £6500 and he has a quote for £1000 and that is fully comp. This is a group 10 insurance car.

    I am 18, I am looking at a 1997 1.6 which is worth £2000 and my quote is £2400 from the same company and mine is a group 9 insurance.

    I can't seem to figure out why my quote is way above theirs.
    The car will be garaged, I don't have any claims or convictions, I just don't understand how a person with similar circumstances to me but has a bigger engine, needs more annual mileage, fully comp cover and their car is worth 3 times what mine is worth can get insurance cheaper than me and much cheaper at that. Even if I do live in a more risky area ( I don't know if I do or not ) surely I should still be getting somewhere near their quote seeing as though I have am the same age, older car, not worth as much, only need Third party fire and theft. I require much less and am getting quoted £1400 more than them now surely I can't be paying that just for my area. If anyone is in the insurance business and knows what could be wrong I would like to hear from you.

    • ANSWER:
      A big reason is your age, but could also be where you live, as maybe car crime is high in the region?

      Try www.confused.com to search for the cheapest quote online. It's really good, and i managed to get £80 off my car insurance renewal quote! Good luck.

  25. QUESTION:
    How do you think a stereotype develops?It develops when u see a pattern from a partcular group.?
    I think stereotypes have truth to them. The stereotype that asians are good at math would probably be more truthful than not cause its common to see that they are.Or the stereotype that they cant drive good probably developed from the high number of auto insurance claims by asian people compared to other races.So i believe stereotypes hold a lot of truth.

    • ANSWER:
      I think you're missing a fundamental distinction between generalization and stereotype. A generalization is like saying that Canadians like hockey. A stereotype is like telling me that just because I'm Canadian, I have to like hockey (I do, but that's beside the point).

      Generalizations sometimes exist for a reason. Stereotypes only exist because people are too lazy to get to know a person out before applying a label to them.

  26. QUESTION:
    I need to come up with a funny work group name?
    I work as an insurance salesman (auto and home) and have to name my little group. I want something humorous. Any suggestions?

    • ANSWER:
      insured success, premium builders, the dream team, driven for success,

  27. QUESTION:
    Financial responsability in California (auto insurance) ticket.?
    So I was recently given a citation during a trip to Northern California. Here's the condensed version; I went out with a group of friends to have dinner and drinks. It was about 10 people altogether, three car loads. I was originally not one of the drivers (I flew in from Southern California). Several of my friends/acquiantances drank heavily during dinner. I was asked as a favor to drive one of the car and the car owner's home. The car I drove belonged to my good friend's neighbor. I received a speeding ticket during the drive to the neighbor's home (73 in a 65) PLUS no insurance!!! I informed the officer that it was not my car and that it belonged to the passed out lady in the back but he didn't care and decided to write me the ticket anyway. Now I've been told that I will have to pay for it (8) plus my speeding ticket. I spoke with my good friend about it but the neighbor now refuses to go to court with me or write a letter at the least explaining the scenario.
    my question is, can I really be held responsible for fifancial responsibility on a car that is not even mine? How many people in my situation would even think to make sure the car was insured?

    • ANSWER:
      First, both Don B and Mikeysco are correct regarding the fine. The statewide schedule calls for a base fine of 0, but with various assessments which are added to every fine the total is 0. Like Mikeysco, I am not sure what your question is. However, I would note that if you WERE, in fact, insured, this charge will be dismissed. Even if you do not have insurance yourself, you may have been covered by the owner's insurance policy. You need to take proof of that to court. (See Vehicle Code section 16028, subdivision (e).)

      If you do not have insurance, you certainly should NOT drive a car without making sure that you are covered under the owner's policy, not only to comply with the law, but to save yourself financial devastation should there be an accident.

      BTW, people seem to think there is something "magic" about pleading "no contest." There is not. It is exactly the same as a guilty plea. The only effect is that such a plea (except in a felony case) cannot be used against you in any civil litigation. Since there will be no civil litigation, such a plea would be meaningless.

      ADD: Let's put it this way. If you are driving a car which is not yours and you run into somebody, can they sue you, instead of the vehicle's owner? Of course they can. They are entitled to be protected against financial loss no matter who is driving--whether you are driving somebody else's car or your own, there must be insurance in effect. This does not have to be your OWN insurance, however, if you are covered by the OWNER'S insurance.

  28. QUESTION:
    Professional insurance- E&O etc?
    How often are each of these insurances paid?
    And how much might they cost for a 3 person partnership in a landscape architecture firm with around 10 employees making 0,000 - 0,000 a year?

    Thank you for any insight you can offer!

    -General Liability Insurance
    -Commercial Auto Insurance
    -Commercial Property Insurance
    -Professional Liability (E&O) Insurance
    -Commercial Crime Insurance

    -Group Health Insurance
    -Group Life Insurance
    -Group Disability Insurance
    -401K/Retirement Plans
    -Key Man Life Insurance
    -Key Man Disability Insurance

    • ANSWER:
      Once upon a time, you could buy a 3 year E&O policy for some low-hazard professions, but I don't know of any company offering that any more - you have to buy it one year at a time.

      Regarding getting those quotes, you don't give anywhere NEAR enough information, for even a ballpark.

  29. QUESTION:
    Geico is trying to base their auto insurance rates based upon a persons education. what do you think?
    The statistics are as follow 80% of whites in the U.S. have a four year college degree compared to the minority groups. Blacks are at 6%,Asians at 7% and only 4% of Latino's or Hispanics.
    What a Blatant attack of discrimination. It is obvious that Geico has to know these statistics. Why should I have to pay more for the exact same service as my white counterpart?
    I guess morgorond I did not mean my white counterpart in that sense. What I meant was as my equal. Because we all are. Per the U.S. Constitution.

    • ANSWER:
      I think it's stretching it a bit to assume that higher education makes safer, better drivers. There's NO automatic guarantee of that, after all. You're right. It's discrimination, and a particularly ignorant one at that.

      You show 'em! Get your insurance from another carrier and be sure to write and tell Geico exactly what you did and why!

  30. QUESTION:
    Why not offer Medical Insurance like Car Insurance.....?
    I know this is long but please bear with me.

    Rather than set up a separate government run medical insurance or expansion of medicare to the general public....One criticism of government care is that it will be in direct competition with existing providers. Ultimately siphoning insurance customers away from traditional plans and onto the rolls of govt care causing these providers to go out of business.

    Here in Mass auto insurance companies MUST offer the same basic minimum coverage in order to do business in Mass. Everyone here must have at least the same basic level of insurance (both auto and medical) . You can go to any provider you choose and this basic minimum insurance level costs the same . If you want more insurance you can pay for additional coverage.

    So why not have a similar program for medical insurance as part of a nation wide group policy. This group can be subsidized by the government but it would be managed by the existing insurance providers. (In other words if you want to be in the insurance business you must offer and support this minimum plan which would be a foundation for any other plan you offer) The govt pays the insurance company a flat rate to manage each person enrolled in the basic plan.
    The more money the company saves (the better then manage the insurance) the more money they keep. However if that company provides poor management it will cost them. Either subscribers will change management companies if they feel they are getting a raw deal or wasteful management would not be payed for by the government.

    One advantage I see here is that consumers would have an alternative providers to go to if they feel wronged by a particular management company. With a govt program like medicare your stuck with the one provider.

    As they say One Choice is NO Choice....

    If someone wants additional insurance they can buy additional coverage from any provider they choose. But No one could be denied coverage for the standardized basic plan. Since everyone is part of this national group policy the basic insurance is portable and independent of supplemental policy one may have. So if you change jobs or move to a different state you may loose the supplemental policy BUT your basic coverage remains intact. You merely transfer the company that provides the management services for the basic medical.

    Insurance providers would get paid by the fed to manage the participants in the basic plan for each participant in the basic plan. this would put market forces into play for the insurance providers to make money by attracting additional participants through better service or offerings. COunter to this is if the consumer gets crappy management services they can transfer to any other insurance provider.

    • ANSWER:
      This is an idea that should be looked at very carefully by the congress before it starts trying to reinvent the wheel.

  31. QUESTION:
    How can it be explained that forming a "high-risk" group under Obamacare is not exclusionary?
    Healthcare reform was supposed to cover ALL citizens (and residents). Healthcare reform was supposed to help those that NEED IT THE MOST. How is having a high-risk pool any different than the discriminatory practices insurance companies now practice in many states for auto and health insurance? If there is no difference, then is Obamacare backed by insurance companies?

    • ANSWER:
      "Health Care Reform" has nothing really to do with actual health care and darned little to do with insurance. [[Well, except for eventually pseudo-nationalizing insurance companies by morphing them into public utilities. That's why no "public option" is needed. Insurance companies will be regulated into finding some way to handle everyone, in accordance with government dictates.]] [[That's not Fascism, is it?]] It is a control mechanism. Essentially "water empire" in which government has a choke-point of control over the population. Just as the baby boomers are entering the realm of medicine and retiring into Social Security, government achieves total control over the means to continue living.

      Did you notice the sections in the bill having to do with government having real-time TOTAL information about your financial state, so as to determine what services will be rendered, by whom and how to spread the costs? Right there at the medical facility, while you're standing there bleeding some computer will decide your future, based on algorithms established by Tom Daschle.
      http://thepeoplescube.com/red/viewtopic.php?p=55369
      http://forum.prisonplanet.com/index.php?topic=85273.0

      So much for the land of the free and the home of the brave. It was nice while it lasted.
      The mythical Ben Cartwright of Bonanza was the last free man in America, it's been downhill since.

  32. QUESTION:
    Is there such a car - group 1 insurance BUT is an automatic?
    I have no idea about cars....Im finding it hard to use the clutch from being stationary (just cant seem to move off quick enough!) and was wondering if there was a little cheap auto car out there for me
    i haven't passed yet- just would like o know whats out there so i can save etc.. Changing gears, manouvers and all that jazz - Im fine - just cant seen to find the bite qiuck enough to move from a red light or entering a round-a-bout etc

    • ANSWER:
      yep try mini auto or small peougeot 206 auto.
      but really , if you cant use your clutch well how did you pass your test ?
      are you sure you passed yet?

  33. QUESTION:
    Rather than a national heathcare program, why not just make heathcare insurance mandatory?
    When I first start driving a car, auto insurance wasn't mandatory. Guess what? Most people didn't buy it, and policies were expensive as a result.
    When the state passed a bill requiring auto insurance, the free market drove the price of insurance down.
    The same would happen with health insurance. Most people who don't have health insurance are young and healthy. They feel they don't need it. But, at some point in life, they will. It makes sense that these people should help support a system that they will need at some point in there life.
    If everyone was required to get health insurance, insurance companies would be falling all over themselves offering low cost policies to healthy young people. This profit base would ease the cost across all age groups.
    Rather than create a monster, a massive government agency, why not try mandatory insurance first?
    Poverty level people already get free healthcare.
    A tax system to pay for healthcare will drive the price up not down. Requiring everyone to buy insurance is the same effect as creating a national program without the cost of a bureaucracy.

    • ANSWER:
      There are many at such a poverty level that they can't afford insurance. The homeless, the mentally and physically challenged, and yes, even those who abuse the system are still humans.

  34. QUESTION:
    What are the laws regarding insurance settlements?
    I need to know the name of the law or group of laws pertaining to the maximum and minimum alllowable payouts to someone making a claim against another person's insurance / policy. This is in regards to an auto accident in the state of Mississippi if that helps.

    • ANSWER:
      Its based on the terms of the policy, not state law.

  35. QUESTION:
    Help! I'm looking for good costume ideas for me and 7 co-workers. Does anyone have any ideas for us as group?
    It has to be appropriate for work. We work in Auto & Home Insurance. Themes/TV/etc... just looking for the best idea for 8 people to do as a group. We were leaning to the Goonies but I think it is a pretty dull theme. So anyway I appreciate your help!!

    • ANSWER:
      little bo peep, little boy blue, a wolf and a bunch of sheep.
      wizard,lion, tin man, dorothy, witch good, witch bad, and a couple of winged monkeys.
      Manager is willy wonka and the rest are oompa loompas.

  36. QUESTION:
    Is this a good offer to accept for a new insurance sales position?
    We are please to offer you the following position:
    Individual Insurance Sales Consultant;
    Your job will consist of the following:
    · Sales of personal insurance including but not limited to
    o Auto-Home-Umbrella- insurance
    o Life Insurance
    o Investments
    o Individual Health Insurance
    · You will be required to quote and process the entire application from start to finish on all new sales.
    · Servicing of the account will be completed by account reps.
    · Develop and market new ways to sell personal insurance products
    o Internet
    o Working with our insurance companies on marketing programs
    o Referral programs with:
    § Car Dealers
    § Realtors
    § Direct Writers
    § Email Advertising
    § Internet quoting
    · You will also be working with producers who focus in other areas of insurance.
    · You will contact existing customers to go over their financial needs including but not limited to life insurance and investment planning.

    Compensation:
    1. Base salary of ,000 per year
    2. Bonus after you exceed ,000 in earned commissions based on the following:
    a. 50% first year commission on personal lines insurance. ( auto-home-umbrella etc.)
    b. 50% commission on all life insurance you sell on new accounts to the agency or existing house accounts.
    c. You will be splitting commissions with the producers that you give you personal lines leads
    d. 20% referral commission new and renewal for all other lines including
    i. Commercial Insurance
    ii. Group Benefits
    3. You will receive the standard employee benefit program
    a. Employee health insurance. Company picks up about 85% of the cost
    b. 401 K program
    c. Optional dental

    • ANSWER:
      It sounds like a fair offer, if insurance sales is what you want to do. It's a tough business!

  37. QUESTION:
    Will car insurance be regulated next like Canada?
    They have a government group called ICBC that dictates what auto insurance carriers may pay out; everything thing goes through the government. My friend was in a very bad accident and has been waiting more than a year 1/2 to get even 5,000 for a major back injury with two doctors (1 american 1 canadian) on board proving she has to change her entire field of work and will have pain for teh rest of her life.

    Isn't it easier to argue with an insurance rep than a government buereaucrat sitting behind that phone?

    What are your thoughts? Will this regulation be next??

    • ANSWER:
      I seriously doubt it. Insurance is managed per state. Each state has an Commissioner of Insurance and the Board of Insurance that regulates who can sell auto and home insurance in each state, what is required for coverage amounts, and they even work with your states DMV to keep rates competitive based on the area that you live in. If you live in a major city but you live downtown, your rates may be less than say someone that lives in the suburbs, about 15 minutes from downtown, that must take the highway or main road into the city every day to work. Most rates are based per city and county and by the "law of averages" for each. This means that rates are based on the incidents within a given area, as I demonstrated above. Those that live in or around major roadways that are considered high traffic areas are most likely to have an accident which makes their premiums higher, where as someone that lives in a very rural area with very little traffic may have premiums at a third of the price. Yes, the state does make money, a minimal amount, on each policy written in that state and is a huge source of income for that state.
      Health care, on the other hand, can be regulated by the federal government based on their "federal regulations" on health mandates and federal and state laws that apply to those in the medical feild. It is only up to the state what companies are allowed to do business in that state. The universal health care reform takes away their control over kick backs and favoritism based on state based premium rates.
      If insurance was federally regulated, as it is in Canada, then yes, it would be easier to speak to a rep than a beaurocrat, but since Canada has the Universal healthcare system in place, your friend will still be able to have continued medical care without them paying more money for on going expenses unlike here in the states where the care continues based on the amount of your coverage limits allow, then after that, you would begin to sue the person directly. You also have to remember, insurance claims reps are trained to appease and take care of claims and bills, but they are restrained by the limits of coverage the client covered. To expect a "settlement" which this would be, your friend will be waiting for a little while longer because of her life long injury, the bills she has accrued, and the coverage limits the person had that caused the accident. I hope things do get better for her soon though.

  38. QUESTION:
    Does the Democratic Party understand the meaning of the word insurance?
    INSURANCE A system to make large financial losses more affordable by pooling the risks of many individuals and business entities and transferring them to an insurance company or other large group in return for a premium.

    Should we also be able to buy our auto insurance after we have the crash? I mean, it's the same thing as in health insurance. The crash is a pre-existing condition. Why not do that too?
    hansblix- You give them insurance. DUH. Besides, the 30 mil number is over-inflated. It's more like 18 to 12 mil. Why overhaul the entire system for a few million?
    Obama Hates America- How many people do you know who pay for auto insurance without having a car? I can think of no one, but then again I'm from the midwest and we don't like paying for stuff we don't need. Also, Obama deemed Health Insurance a right. He seems to get to decide here, apparently. You and I mean nothing. We are just deep pockets for which the Democratic party can reach in and pay for stuff they want. I agree govt. mandating we buy anything is unconstitutional.
    lordfrig- Thank you for showing how ignorant you are of the situation. Typical liberal emotional crap. How come you are unable to argue my question? All you have is an emotional plea. Get your head out of your butt.
    Blobby- Should Obama decide you have to own a car.........you don't have to have health insurance either. Previously, you were only hurting yourself if you didn't. Now, Obama writes the rules and you have to buy health insurance. My comparison is spot on my friend. It is comparing apples to apples, but I guess some people just can't handle logic. I feel so sad for you.....
    atmosphere- Where do you get off telling me I have to pay for somebody elses health insurance? Huh? Maybe you should start paying my house payments? I guess the idea of insurance companies going out of business makes you happy? Now we can all go on the govt. healthcare plan? Try not to get sick, because we all know how well Medicare is working, huh? Get out from under your rock, my friend, and see the light!
    Crimson- Are you really this ignorant?

    • ANSWER:
      You are trying to be logical about a policy that is totally irrational.

      Obama care is nothing more than a power grab and a way to redistribute wealth to his political cronies.

  39. QUESTION:
    JM&A Group screwing us with gap insurance?
    We purchased gap insurance with JM&A at the time of the auto purchase. Our vehicle was later totaled. We did not do anything to void the contract, such as refinance, and we went on the scavenger hunt of locating all the paperwork for them several times (they kept losing it). Now we get a letter in the mail saying that they will be crediting our financial institution with 5, even though we owe 85 on the vehicle. So apparently 0 is just not covered. We paid 0 originally for the coverage, and they aren't even providing up to that? I read the contract, and NOTHING is mentioned about exclusions.

    Obviously I am going to call them Monday, but in the mean time I am very stressed out and would appreciate some advice/insight as to how this is even possible and what we can do.
    No, we are only responsible for our deductible with the insurance company. Paying the original 0 is what got us the coverage. We did not agree to any additional deductible.

    • ANSWER:

  40. QUESTION:
    What is the music video "Remind me" about by the group Royksopp?
    The song is playing during the Geico Auto Insurance commercial when the cave man is walking on the walkway in a airport.

    • ANSWER:
      i know the song, but i never seen the video....

  41. QUESTION:
    What say you Group supports illegal immigrant "driver cards"?
    ALGOMA - A new push in the area toward allowing immigrants regardless of status to have "driver cards" - a limited purpose driver's license. The idea was part of the state budget plan last year, but was removed.

    Thursday, a group that has tried to get the cards approved before held a forum in Kewaunee.

    Allowing an illegal immigrant to get behind the wheel legally in Wisconsin is something Cindy Bruening would like to see.

    "I think it will help make our roads and communities more safe," said Bruenig.

    Bruenig represents Voces de la Frontera, and coordinates sessions like one held Thursday night in Algoma for the Coalition for Safe Roads.

    "I think people will have access to education, to know the rules of the road," said Bruenig. "They'll have greater access to be able to get auto insurance in order to make sure that no one is having to pay greater costs for having uninsured drivers on the roads."

    The legal status of immigrants is something federal, not local, law enforcement deals with. The Kewaunee County Sheriff likes the idea of "limited purpose" drivers licenses.

    "All again we can do is deal with the reality of those persons traveling on our roads, operating on our roads, and do what we can to create once again that safe environment," said Sheriff Matt Joski, Kewaunee County. "We hope that maybe through this, this opens up the conversation and that sooner or later there will be an addressing of that bigger issue."

    "I just can't understand what part of illegal don't people understand," said State Senator Alan Lasee, R - De Pere.

    Lasee notes the issue is being raised a few weeks before an election. He also says the idea of driver cards "flies in the face" of people who immigrated legally.

    "I'd be really cool toward the idea, only because if illegal aliens are illegal why then try to give them the appearance of a legal status by having a driver's card. That would be a bit troubling I would think," said Lasee.

    Neither the senate nor the assembly will be considering the issue at least until the new legislature, elected next month, convenes in January.

    The Coalition for Safe Roads is holding forums in Milwaukee, Madison, and Eau Claire in the next few weeks. After that, organizers say they will evaluate their next steps.

    http://www.fox11online.com/dpp/news/local/lakeshore/group-supports-immigrant-%22driver-cards%22

    • ANSWER:
      Just one more bill we CITIZEN tax payers will have to foot to support the poor ILLEGAL immigrant law breaker. I have a better idea, why don't we tell them we have a "driver card" and when they show up to get it, an ICE agent is standing there waiting to deport their @ss.

  42. QUESTION:
    What is the word for a group of people who put down another group no matter what?
    In my country the USA we have a women who is very intelligent & has accomplished more than most ever will yet the republican party calls her stupid. The republican party listens to this programs that use brainwashing & the word teleprompter is a trigger word used everyday.
    The rich greedy CEOs pay to have this people brainwashed. The lower class republicans don't even know they are the lower class. We had Joe the Plumber represent them. He was worried about millionaires while he is a dead beat Dad on gov. assistance & not at all a plumber. How can I tell this group of people they are being used by the people in their party that don't care about them. Meanwhile, they should be doing things to make their life better but they are not at all, Just complaining about the President not having a birth certificate while the President had to have a birth certificate to get as far as he has & I tell tthem since they are so capable they should do something instead of compliaining....so I need help so I don't have to explain all of this all time but I wish I could show them how they are being used by capitalist who don't want to compete with the government. They thing the democrats want socialism which is not true but some competition would be good to save on auto insurance & medical cost for example but I don't know a short way to say this, thank you!

    • ANSWER:
      Misunderstanding. The unwillingness to live and let live.
      No one is right or wrong here. God is right overall! We are His Creation.
      He is the only one who matters. It is all about God, not us.
      Until we all come to this conclusion, there will always be misunderstandings, misconceptions and competition for power.

  43. QUESTION:
    finding minimal sample size for confidence level?
    Suppose that we want to estimate the proportion of auto insurance claims for a certain group of drivers with the given confidence. Assuming that the proportion is entirely unknown, find the minimal sample size needed to achieve the accuracy level of (plus-minus) 3%.

    -For the confidence level of 90% the minimal sample size is?

    do I use 1.282 as the critical value? I got 456.534 as an answer but my homework won't accept it so i was wondering if anyone can check?

    • ANSWER:
      Hello.

      The formula we need to use is:
      n = p-hat * (1 - p-hat) * (Z_alpha/2 / E )^2

      What is p-hat, since we assume the proportion is unknown? In cases like this, we "guess" that p-hat is 0.5, because this will maximize our sample size (and larger sample sizes provide more accurate estimates, generally).

      What is alpha/2? Our confidence is 90%, so alpha is 10% ---> alpha/2 = 5% = 0.05.
      Z_0.05 is 1.645, not 1.282 as you had used. We use alpha/2 because a confidence interval has 2 tails!

      Lastly, what is E? This is our accuracy level, so 3% or 0.03.

      Finally,
      n = 0.5 * (1 - 0.5) * ( 1.645 / 0.03 )^2
      n = 751.67

      We cannot have 0.67 parts of a person, so we must round up!
      Therefore, n=752.

  44. QUESTION:
    Paypal Chargeback help?
    About a month ago I was looking on yahoo answers for questions about car insurance and I noticed two accounts where constantly mentioning Landa Insurance (www.landainsurance.com) and I looked into that company.

    The website is obviously seedy and they take paypal, etc. I called the guy on his phone number (which i found out is a cell phone) and he provided me with temporary insurance cards and explained that he is an underwriter for Continental Group Insurance.

    I paid 9 for the full coverage auto insurance.

    After I got the final product i noticed these things are really, really poorly made so I started making phone calls to Continental Group.

    End result CGI never sells car insurance, they've never heard of Landa Insurance, nor do they have an agent named Bob Warren, and the insurance policy I was sold matched a medicare supplement policy they issued.

    First I called the local dallas police department where this guy was operating out of and filed a complaint, second I disputed it with paypal.

    Paypal responded that they cannot guarantee virtual goods. I bounced several emails back and forth with them explaining it wasnt virtual but all I got was repetitive copy and paste emails talking about ebay.

    So bottom line, I ordered a charge back on my mastercard.

    Now today I get the email that they are looking into with the seller.

    How is paypal going to react on this and how long until this is closed?

    • ANSWER:
      You are protected under paypal. Since they were selling "insurance" I am sure your not the only customer they have scammed. The people who post on here are the ones running this scam... It could take paypal up to another 30 days if you do not keep on them. You need to call there customer service number and talk to a person. Keep doing this until you get results.

  45. QUESTION:
    trade groups?
    what are the most popular trade groups that auto insurance companies are members of? do you think the insurers share information about how they calculate their rates with each other?

    • ANSWER:
      Can't answer the first, but they do NOT share their rate calculations - or rate data factors - with each other.

  46. QUESTION:
    Health Insurance Reform by dolphin314etc -- What do You Think of My Plan?
    Are these Fair Rules For Health Insurors?
    1. You do not have to write a policy for anybody you don't want to write a policy for. You get to decide who you want to insure. If someone has a pre-existing condition, and you don't want to insure them, so be it, that's your call.

    2. If you do insure someone's health, and they lose their health, you are responsible to step up and pay to the policy limits as they require such payments to restore their health or palliate their sufferring. You cannot wiggle out of making the payments or your license to write and sell health insurance will be withdrawn, and you will be closed.

    3. If you are insuring a client for a given period, like a year, and they get sick during the time they are covered for, you cannot kick them off of their insurance at the end of the year just because they are sick. That's not a pre-existing condition -- it's a condition that arose after the policy was validly in force. It's part of the risk you bargained to take on.

    4. You also can't jack their premiums up sky high just because they got sick while your policy was covering them. You may raise all the premiums for all the people in their insurance group or cohort of insureds. You may raise the sick person's premiums slightly more than the rest of the group. So if everyone in the group gets hit with a 10% rise, you can put a 20% rise on the sick persons. Just like auto insurors can put a small rise on your auto policy if you have an accident. This is called experience rating the premiums but it must be done with moderation in the individual cases, and proportionality in the cohorts or groups. It can't be done in a way that is predatory or gouging or that amounts to kicking them off their insurance. You bargain for the risk freely, but then you pay out honestly, and stick by the client loyally.

    5. Compensation for executives at health insurance companies cannot be tied to net profits per year or per quarter. To allow this is to allow a direct conflict of interests between the insured clients and the decision making executives. The executives can gouge the clients to get bigger bonuses for themselves.
    So executive bonuses, if they are allowed at all, should be for other aspects of company performance such as innovations successfully brought into existence, or perhaps morale among company employees, or perhaps satisfaction among insured clients, or perhaps vote of confidence by the doctors working with the company as providers -- there are 100 possibilities -- only one is prohibited -- you can't get bonuses tied to profits because to allow that is to allow you to gouge your bonus out of patient care -- high profits can always be achieved by providing lowest possible cost care, and that's not what insured clients bargained for when they signed a policy with you. They wanted the ordinary standard of care that doctors in USA provide --- not the cheapest possible care that you could dream up to get your million bonus check.
    For mbrcatz:

    OK you want a plan to bring down health care costs as well. Here it is. Get rid of the favorable tax treatment for employer provided health insurance. This is totally bogus. It started in 1941 as a war support measure and it is killing America today because once a service is cost free to the users it is way over-utilized. If your health care is free to you, you go see the doctor every month for every little thing and you get every cure and treatment -- there's no customer level rational filtering of what's sensible and what's not -- cause it's free!

    Put 50 or 80 million customers like this into the national system and what you get is -- EVERYBODY has to pay TOP DOLLAR for ALL the healthcare.

    The "lid's off" customers drive up the price because the market (or a real big chunk of it) will bear the high price.

    New Rule: Employees get paychecks only. If they want health insurance they can buy it, alone or in groups, but it can't be a tax free part of their pay.

    • ANSWER:
      1. This is the way it currently is with an individual policy. With a group policy currently they must cover, sometimes after a waiting period. The pre-existing condition clause is one part of the current system some people are trying to fight.

      2. They already must pay to policy limits. Sometimes they will try to deny claims but normally it is because it is not covered under that particular policy or the person lied on the application. People try to save premium dollars by getting a basic policy with many limitations and exclusions then cry because their plan doesn't cover what they need covered at that time.

      3. All states have regulations on the books already which do not allow ANY insurance company to cancel any policy unless the client does not pay the premium or they lied on the application. People who are saying that insurance companies drop people all the time do not understand insurance regulations. It just doesn't happen.

      4. Currently, you cannot increase the premium for anyone unless you increase it for the entire group.

      5. Profits on health insurance does not only come from the premiums. Less than 1% comes from premiums but the rest of the average 2.2% comes from interest on the reserves that the insurance companies must keep to pay future claims. In my opinion bonuses should come from performance.

  47. QUESTION:
    minimal sample size and margin of error?
    Suppose that we want to estimate the proportion of auto insurance claims for a certain group of drivers with the given confidence. Assuming that the proportion is entirely unknown, find the minimal sample size needed to achieve the accuracy level of (plus-minus) 3%.

    a) For the confidence level of 95% the minimal sample size is?

    b) What is the largest margin of error for the confidence level of 95% if the sample of size 900 is analyzed?

    kind of confused, can anyone help me start?

    • ANSWER:
      The formula for margin of error of a proportion in a Normal distribution is: ME = ([critical value])(sqrt(p(1-p)/n)).

      a) We're going to solve for the minimal sample size. The proportion is entirely unknown, so we're going to use the worst-case scenario as a placeholder: 50%. The critical value for 95% confidence in a Normal distribution is approximately 1.96. We plug in the numbers:

      .03 = 1.96sqrt((.5)(.5)/n)

      Solving for n, we get 9604/9, or approximately 1067.11, rounded up to n = 1068 for our minimal sample size.

      b) Now we're just using the formula to get the margin of error. Again, using 50% as our worst-case scenario and 1.96 as our critical value:

      ME = 1.96sqrt((.5)(.5)/900)

      So our largest margin of error is +/-3.26667%.

  48. QUESTION:
    National health insurance proposal?
    Health insurance like any insurance such as home, or auto insurance should be a personal policy not job related. Insurance by traditional definition is a sharing of risk. Uninsured Americans should be grouped as to insurable but uninsured , higher risk,  and poor.  The uninsured would be offered a pool by all insurance companies offering health insurance in the designated area  as a last resort with premiums averaging those of offered by insurance companies in the state or bi state region.  Higher risk would be pool insured also at a 10% higher premium. Poor or unemployed would be insured in a pool of the same insurance companies at heavily discounted  premiums say 10% depending on assets.
    All premiums would rise some but this program would provide an American infrastructure to keep Americans healthy and functioning, spread the risk among insurance companies, and eliminate the need for tribal clinics, va hospitals and clinics, and state and local government clinics .  Eventually medicaid and medicare might be replaced  or privatized by this sharing of risk including disabled.
    Insurance companies would be regulated to assure that expense to premium ratios were maintained at designated levels like 80% and that costs were not inflated of executives, company employees, contractors, and providers of medical services. Charges by providers exceeding state or regional comps would be reported to state and federal compliance officers.  Providers repeatedly violating and abusing charges would be de licensed, nationalized and imprisoned under due process.
    This would likewise eliminate age discrimination and age related genocidal policies and programs in government and employment.
    reply to mbrcatz17
    its called the law of large numbers. Your reference is to a minority of experiences as opposed to the majority of Americans who have integrity and don't want to abuse the system. Pooling of large losses to 50 insurance firms gives each 1/50 th of the loss not the whole loss. My proposal is simple and will work. If you were in the high risk category due to genetics or environmentql exposure or preimmunization ages you would want some help too. I have used pooling in insuring other types of risk and it works and insurance companies recommended it and profited from it. Making every American a profit center is anti American and it isn't insurance. I have managed workmans comp programs, health programs, and retirement programs for corporations and corporate greed and executive bonuses are the only thing standing in the way of equitable pro American programs besides political contributions to both parties.

    • ANSWER:
      Please explain to me, how an insurance company can make money paying out ,000 a month in medical bills, while taking in 0 a month in premium. That's what you're proposing.

      What's going to happen, is that all the super high risk people will RUSH to get this policy, and the regular, insurable people will continue to pay 0 a month for their private policies.

      All premiums would rise. Yep. A LOT. Like, they would Quadruple. You have to take in enough to pay out, PLUS ADMIN COSTS.

      Expense to premium ratios aren't 80% right now. For a really, really profitable company, it's closer to 95%. MOST run closer to 105%.

      Age discriniation, sigh. The fact of the matter is, unless you want to pay CAR INSURANCE at the same rate as a 16 year old boy (yep, that's age discrimination too!) or LIFE INSURANCE at the same rate as a 90 year old man, PRICE COUNTS.

      Most people don't squawk about age discrimination when it counts FOR them, only AGAINST them.

      Just because it is DISCRIMINATION does NOT Mean it's unfair. It's FAIR, just like using number of DUI's on your record, to affect your auto insurance rates. THAT'S discrimination, too.

  49. QUESTION:
    Is your car safe and have you ever had your car stolen...? Do you believe the following stats...?
    Top Car Theft Cities: Las Vegas Leads the Nation

    Insurance crime group reports that Western states
    still lead the nation in car theft.

    Get Instant
    Auto Insurance Quotes

    Compare rates from top auto insurers. Buy online or over the phone. Save Hundreds.

    Enter zip code:

    By Peter Valdes-Dapena, CNNMoney.com staff writer

    NEW YORK (April 24) -- Las Vegas has the highest rate of auto theft per capita of any metropolitan area in the country, according to data from the National Insurance Crime Bureau.

    Western states still lead the nation in auto theft rates, according to the NICB. All of the top ten metro areas by per capita auto theft rates are in western states. Half of the top ten metro areas are in California.

    Top ten metro areas by per capita auto theft rate:

    Top ten metro areas by per capita auto theft rate
    1.Las Vegas/Paradise, Nev.
    2.Stockton, Calif
    3.Visalia/Porterville, Calif.
    4.Phoenix/Mesa/Scottsdale, Ariz.
    5.Modesto, Calif.
    6.Seattle/Tacoma/Bellevue, Wash.
    7.Sacramento/Arden-Arcade/Roseville, Calif.
    8.Fresno, Calif.
    9.Yakima, Wash.
    10. Tucson, Ariz.

    Source: National Insurance Crime Bureau
    (Link will open in a new window.)

    • ANSWER:
      I drive a Chrysler.
      Let's just say a 10 year old with a toothpick can steal a Chrysler..

  50. QUESTION:
    Is there a Fair Way to Deal with Pre-Existing Conditions?
    Insurance is a bet. It's like Atlantic City or Las Vegas or Monte Carlo. Everyone has always known that -- until today -- when suddenly everyone has completely forgotten this most basic truth.

    After your house burns down, you can't get fire insurance for that house. The pile of cinders is considered a pre-existing condition that makes the insurace bet impossible or irrational for anyone to engage in. You can see that, right?

    After you cause a 20 car pile-up on the freeway, you can't get driver's liability coverage for negligence. I wonder why not? Could it be that the huge pile of dead bodies and totalled cars is a "pre-existing condition" that would make it completely crazy for any auto liability insurance firm to offer you coverage that would compensate the victims of that accident which you have already caused and is in the newspapers.

    So, now you arrive at the insurance company with a glioma in your brain and pancreatic cancer and you want to know, "Could I please have some health insurance?

    They say no "You already have two pre-existing conditions that are mortal illnesses -- to insure you would be suicide for our insurance company!"

    You say, Oh how unfair, I'm shocked -- shocked that rational decisions are being made in this office -- I'm going to write my Congressman -- and you do -- and his innumerate, aphasic, illiterate staffer opens you letter and says "Oh yes, look at the big unfairness that's been done to out poor dear darling constituent"

    The staffer then takes an inflated pig's badder into the Congressman's office and strikes the Congressman on the lips with it, indicating that it's time for the Congressman to speak.

    Then the one minutes speech is given -- Here's the Congressman blathering on with high moral indignation about his dear constituent who didn't get everything in this world they imagined they were entitled to.

    E Pluribus Unum -- we've all become the same idiot now. Sew us all together like parts of a flag, one big idiot -- coast to coast -- sea to shining sea.

    I have a heart condition -- which could result in a myocardial infarction, aka a heart attack (especially if people get me started, so don't). When I applied for my Blue Cross/Blue Shield they told me heart attacks or any heart disease of any kind or any treatment or diagnostic procedures for any heart related problems would be completely and totally excluded from my coverage for one year. After that, at the discretion of the insuror, if I had no heart problems during my probationary year, they would withdraw the exclusion provided I was willing to pay a small extra on my premium for the unrestricted coverage.

    I said, "Fine, that seems totally fair."

    Am I the only one who can see this? What was it just those four years of math in college, plus two more in business school that made me able to understand the idea of risk, and bets, and insurance?

    No insuror in their right mind would voluntarily insure somebody would is going to bring the insuror a net loss for sure. Sometimes they will aloow such a person to be included in group insurance, if the premium for the group is big enough, and if the payouts for the sick person are small, predictable, and controllable. But that's group insurance. Obama Care is about individuals getting health insurance, many of whom will not arrive in groups, they will show up as individuals.

    If they have pre-existing conditions, like I did, they should get a deal like mine, no better, no worse. Why do the specially pampered eyes on the prize people have to be carried through this world on extra soft pillows -- free housing, free food, free clothing, free heat, free edcuation, free everything -- and now the right to freely grab insurance that no regular person could claim a right to. Let them wait, like I did. You want Fraternity? How about some Equality? That means you don't get special pillows to carry you through life, even if brother Barack wants you to have them, and ACORN screams they are your God-given right.

    • ANSWER:
      There is a large problem with that. Insurance policies are setup so that everyone gets a new one policy every dozen years or so. The price goes up every year as they encourage people to get new policies. If you have a life long preexisting condition that develops at 20 then you won't have insurance by 32.

      Then you are dead within a few years if you need regular treatment. It is not fair.

      I have a life long heart condition. Your deal won't work because I will never be without trouble. I had no choice but to drop my insurance that I had 4 year before my condition developed. It simply got too expensive after 13 years of paying it. I can't get any private insurance policy now.

      The problem isn't the condition, or someone's laziness. The problem is that insurance companies have arranged a guaranteed way to drop people with problems after a fixed number of years. If there wasn't a time limit on private insurance, there wouldn't be a large problem with preexisting conditions.


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