Category: Insurance
Simple Example of Third Party Liability
It’s rather ironic that an industry as cut and dry as insurance would have a term called third party liability. When you think of a party you tend to think of a festive occasion. Not so in the world of insurance. There is little to celebrate when a third party comes on the scene. Insurance [...]
Negotiating for Higher Insurance Claim Payments
When the insurance company issues a claim check for an amount much lower than expected, it’s time to start negotiating with the insurance company. There are times when you have to become actively involved in the settlement of your insurance claim. Whether the dispute arises out of an automobile claim, homeowner damage or health insurance [...]
Insurance Policy Valuation: Which is best?
In the world of insurance, an insurer will not pay more in damages for an item than it’s worth. There are some items that are very easy to determine the value of, such as a car, a house or even a diamond ring. With some items, however, policyholders may prefer to declare an item’s value [...]
Becoming a Licensed Insurance Producer in Maine
The Maine Bureau of Insurance requires its insurance professionals to pass the state licensing exam in order to transact insurance business for a fee. Insurance professionals in Maine have an option of three different categories of insurance licenses; a producer license, consultant license and an adjuster’s license (there are subcategories therein). Maine Insurance Pre-Licensing Education [...]
Tips for Getting a Good Homeowners Insurance Rate in Texas
Texans are faced with a few challenges when it comes to getting homeowners insurance. In spite of the weather, there are things you can do to get better insurance rates Texas residents have special weather conditions to keep in mind when soliciting quotes for homeowners insurance. Before we discuss the tips on how to save [...]
Alaska Insurance Producer CE Requirements
Every licensed insurance producer in Alaska must take 24 hours of continuing education classes in order to renew the license. Of the 24 hours of CE credits, the state will not accept more than eight hours on the subjects of management, business organization and environment (which include sales, motivation and psychology). In other words, the [...]
Training to Become a Licensed Insurance Professional
Each state has its own set of pre-licensing requirements for anyone looking to become a licensed insurance professional. Some states require formal pre-licensing education. No matter whether the state you live in requires pre-licensing education, all candidates in every state must pass the state insurance licensing exam before selling or purchasing insurance on behalf of [...]
Steps for Becoming an Alaska Insurance Broker
In the state of Alaska, the Alaska Division of Insurance is a governing authority that determines the rules and regulations for licensing insurance agents. As such, they offer following types of insurance licenses: All Lines Property/Casualty Life Surety Independent Adjuster Surplus lines Viatical Settlement Broker Viatical Settlement Representative Completing the Insurance Application To begin the [...]
How to Locate NY Insurance Continuing Education Classes Online
Anyone who becomes a licensed insurance agent or broker in the state of New York must take the required number of continuing education credits in order to renew the insurance license. In the old days the only way to satisfy New York’s insurance continuing education requirement was to physically sit in a classroom, listen to [...]
How to Find California Insurance Continuing Education Classes
California insurance brokers and agents must take continuing education classes if they want to maintain and renew their insurance license. The CE requirements vary depending on type of license. California has an interesting way of listing their continuing education requirements. For example, fire and casualty brokers/agents who are licensed after 1992 must complete 25 credit [...]
