Sentences with phrase «to pay for a claim»

Typically, they will define a per claim limit as the most that they will pay for all claims arising out of the same act, error, or omission.
Claims made insurance pays for claims made during the policy period, more or less without regard to when the act occurred.
There are two ways of looking at losses: by the average number of claims filed per 100 policies (frequency) and by the average amount paid for each claim (severity).
The insurance company pays for the lawyer, as well as paying for the claim if that becomes necessary.
Therefore, additional coverage is required to pay for the claims of the person who caused the accident.
First, if you cause bodily injury or property damage to someone else, the policy pays for that claim as well as defense costs associated with a claim it would pay if proven.
Claims made insurance pays for claims made during the policy period, more or less without regard to when the act occurred.
However, comprehensive insurance is an optional addition to your policy, and liability and collision coverage alone will not pay for claims from tornado damage.
A big chunk of float must be kept liquid to pay for claims on its insurance business.
First, if you cause bodily injury or property damage to someone else, the policy pays for that claim as well as defense costs associated with a claim it would pay if proven.
When it comes to a trip delay or baggage loss, there's nothing quite like getting paid for your claim fast.
Helps pay for any claims resulting from an employee's accident while driving a company vehicle, or their own vehicle while on company time.
The insurer pays for the claim when you're responsible for an accident wherein a third person gets injured or your vehicle damages another person's property.
The coverage could pay for a claim like that, as well as for the costs associated with defending against that claim and / or settling it.
We'll discuss no win no fee and other ways to pay for your claim in your first free consultation with one of our experts.
Helps pay for any claims resulting from an employee's accident while driving a company vehicle, or their own while on company time.
If a company does not have the kind of financial stability that you need, they may have a difficult time paying for claims should you ever need to use your policy.
Liability coverage pays for claims that your negligence resulted in bodily injury or property damage to someone else, as well as the defense against those claims.
If a person could not afford to insure their vehicle, they probably will never be able to pay for a claim for someone else.
The government would have to pay for claims above $ 500 million to a maximum of $ 2.7 billion.
The insurer will only pay for claims that have been made for the car registered under the policy holder's name.
Commercial property insurance will protect you by paying for claims if your business space is damaged.
Understanding medical necessity and how to document it is an important part of medical billing, because it is why an insurance company actually pays for a claim.
That includes dates, loss types, and the amount paid for claims, as well as policy and claim numbers and the names of the insurance companies that paid them.
They will just not pay for any claims you make, and if you already have insurance, that doesn't matter.
This type of insurance pays for claims made against you when someone is hurt while on your property.
The company that paid for the claim on the building discusses the loss with your renters insurance company.
You'd have to pay to defend against the suit, and you'd also have to pay for the claim if it was proven.
Most complain about poor or rude customer service, issues getting paid for claims and undisclosed fees.
While settling a claim, you need to pay the deductible amount before your insurer pays for the claim.
In a no fault state, each person's insurance pays for their claims.
Collision coverage has a deductible, which is the amount you pay before your coverage helps pay for your claim.
The coverage could pay for a claim like that, as well as for the costs associated with defending against that claim and / or settling it.
Pet insurance companies typically pay for claims after they are submitted by the owner.
If someone sues them, the policy can defend and potentially pay for those claims.
In addition to defending you against the myriad claims arising from an apartment fire, your Connecticut renters insurance will also pay for the claim.
Deductible Amount a policyholder has to pay prior to having their insurance company start paying for a claim.
«The premiums of the many pay for the claims of a few.»
Pet insurance allows you to make small monthly payments which go toward paying for any claims you might have in the future.
You've reached your lifetime maximum limit with your insurance provider, so they can no longer pay for your claims
The employer may purchase the coverage from a private insurance company or may choose to self - insure (pay for any claims directly).
You may also be able to pay for your claim with Legal Expenses Insurance included with your home or travel insurance.
Further, insurance companies often complicate the process and resist paying for claims.
If your car insurance company successfully recovers the money paid for your claim, they may reimburse you for your deductible.
The «dec» page also includes a description of the insurance coverage provided and gives the maximum dollar limit the insurer will pay for a claim under each coverage.
Waiting to obtain health insurance coverage until one needs coverage then creates a pool of insureds with «high use,» which then increases the premiums that insurance companies must charge to pay for the claims incurred.
«We will pay on behalf of the insured loss that the insured becomes legally obligated to pay for any claim first made during the policy period that arises out of a wrongful act.»
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