Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts

Found the internet!

Create an account to follow your favorite communities and start taking part in conversations.

All Things Insurance

r/Insurance

84

pinned by moderators

Posted by

Underwriter

3 days ago

Reddit API Changes, Subreddit Blackout, and How It Affects You

84

48 comments

Vote

Posted by1 hour ago

Med Pay

It’s a long and painful story and I’m not going into full detail but instead of going after someone’s PLUP for personal injuries (they’re family and I done want lawyers involved) I’m getting a payment of 100k from aircraft insurance. My health insurance covered 90k. Will they come after the 100k payout? I also live in California and know the laws change. I just want to be prepared.

Thanks!

Vote

1 comment

3

Posted by3 hours ago

GEICO won't ensure my F350 due to "commercial" VIN even though it is registered as "personal". What insurance should I switch to?

3

9 comments

Vote

Posted by2 hours ago

All lines licensed in NY, TX, AL and HI!

How many total reciprocal licenses does this make me eligible for? I live in PA, designated home state is Texas.

Vote

0 comments

3

Posted by3 hours ago

Just switched from Liberty Mutual to Homesite home insurance - Saved $1K and got $200K more coverage

I just spent a few hours comparing about 10 options and wow was it worth it. A few takeaways:

there's lots of variability in coverages and prices so get many quotes to do a full analysis
brokers, even the online sites, only cover ~ 5 carriers so you'll have to manually go to the website for others to make sure you're doing a holistic analysis
dwelling coverage recommendations can vary by $100K or more! What to choose is tricky so, again, get as many recommendations as you can and choose wisely
Homesite beat Liberty by $1K AND gave me $200k more dwelling coverage
Some insurers won't talk to you at all if you have any claims in the past 5yrs, e.g. Chubb
Homesite, Nationwide, Safeco seem to be best in the Seattle area, but that's just my experience

I'm super curious about this, let me know if you'd like me to analyze yours too.

3

17 comments

2

Posted by4 hours ago

Electrician Caused Water Damage (Condo)

Home Insurance

An electrician my wife and I hired hit a hot water pipe in our ceiling and flooded our downstairs living room.

Luckily he was licensed and insured, but we went ahead and filed a claim with our condo insurance to deal with his insurance.

However, my insurance is now advising me to file a separate claim with my master policy saying that they are the primary and my own policy is just excess. As far as I'm aware that is the building's policy maintained by the HOA.

I'm not sure why they would have to be involved at all. I thought they would only handle common areas and exterior or structural stuff. I get the impression that my insurance is just trying to see if anyone else will pitch in before paying me out. It almost sounds like they may be expecting a denial letter and would then be willing to proceed once they have it.

Is this common procedure? Or even necessary? My insurance is paying the deductible for me to file a claim with the master policy. But it seems like a headache getting another party involved.

Any information is appreciated

2

6 comments

2

Posted by4 hours ago

Need prior authorization for medication

Health Insurance

I have insomnia and I was prescribed this new-ish medication called Belsomra. My insurance did not approve it, probably because it doesn’t have a generic yet. According to goodrx the price is like, $600+ USD for it. Is there any chance at all that I will be approved, as my doctor has sent in a prior authorization request.

For other context, I have tried 5-6 other sleep drugs, one of them I stayed on for about 5 months and another one I was on for 3 years when I was a minor.

2

4 comments