Do you pay access if not at fault?
Most policies require that you pay an excess unless the cost of the excess can be recouped from the other driver who caused the accident. So basically if ...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
What can be changed in an adjustable life insurance policy?
Policyholders are permitted to make changes to key features of their policy within limits. They may increase or decrease the premium, increase or decrease...
Read More →Which auto insurance goes back 3 years?
Notable car insurance companies that only look back 3 years for violations and claims include Progressive and State Farm. Many car insurance providers onl...
Read More →Do I need both collision and comprehensive?
Do you need collision and comprehensive insurance? Collision and comprehensive insurance ensure you won’t be on the hook for any costly car damage, so we ...
Read More →What happens when insurance totals a vehicle?
If the insurance company totals your car, it will pay you the car’s actual cash value, minus your deductible, and your car is then sent to a salvage yard ...
Read More →What is the maximum basic salary for calculating compensation under group personal accident policy?
For weekly paid Insured Persons, the Salary will be calculated by taking the average gross weekly basic salary of the Insured Person for the thirteen (13)...
Read More →Does beneficiary count as income?
Answer: If you mean the death benefits of the insurance policy, then these funds are generally free from income tax to your named beneficiary or beneficia...
Read More →Does comprehensive insurance cover mold?
These coverages exist to protect your RV against damage: Collision covers damage sustained in an accident, and comprehensive covers damage caused when you...
Read More →Can you drive a car that you are not insured on?
If you are uninsured and get into a car accident while driving someone else’s car, you would be covered by the owner’s auto insurance policy, up to their ...
Read More →How long do you have to submit an insurance claim?
Maximum length of time you can wait before you make a car insurance claim State Statutory benefits (injury or death) Personal damages (property) NSW 3 mon...
Read More →