KXLY
April 1, 2021 4:00 AM Ashley Chorpenning - Forbes Advisor
Posted:
Updated:
April 1, 2021 10:55 AM
From a driver’s perspective, understanding how car insurance companies set prices can be puzzling. Auto insurance companies use multiple pricing factors to determine your risk, meaning how likely it will be that you’ll file a car insurance claim. The lower your perceived risk, the better your car insurance rates.
Not all insurance companies weigh pricing factors the same. A car insurance quote you get at one company might be significantly cheaper at a different company for the exact same coverage. Here’s the main factors in the pricing formulas.
Home Insurance Vs Mortgage Insurance
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Home Insurance Vs Mortgage Insurance
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KXLY
February 18, 2021 4:00 AM Ashley Chorpenning - Forbes Advisor
Posted:
Updated:
February 19, 2021 9:12 AM
For most kinds of life insurance applications, the life insurance company will collect and evaluate a ton of information about you.
Although insurance companies have a lot of information from the application and, often, a life insurance medical exam, they also often tap resources for extra data, such as the MIB Group.
Who is the MIB Group?
Operating in the U.S. and Canada since 1902, the MIB Group is a member-owned corporation that provides underwriting services to life and health insurance companies. MIB’s services help insurers gather information about a person’s risk and eligibility for life, disability, health and long-term care insurance policies.