Tag

Insurance

Insurance Industry Tactics

The U.S. insurance industry is an economic dynamo. It has trillions of dollars in assets, rakes in over $30 billion in profits annually, and pays its CEOs more than any other industry. But to boost their bottom lines ever further, many insurance companies seek to pay as few claims as possible, or the smallest amounts possible. Some may say that these tactics border on the “unethical”. One of the tricks of the trade is simply denying perfectly valid claims, or...
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Car Rental Insurance

Determining if You Need Rental Car Insurance If you need to rent a car, a “friendly face” at the rental counter will offer you various insurance options. Are any of them necessary? Are you at risk if you don’t purchase them? There are generally four prime insurance options available when you rent a car: A collision-damage waiver waives your financial responsibility if the car is damaged or stolen, and takes care of fees and charges for loss of use, towing,...
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