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Can you have 2 car insurance claims?

No, doubling up on your car insurance isn’t illegal. However, if you make a claim from two insurance providers, you can’t try and claim for the full amoun...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the difference between standard collision and broad collision?

Standard collision coverage: Provides coverage regardless of fault; however, a deductible is always required. Broad collision protection: Provides coverag...

What type of losses are covered by an insurance?

Loss — (1) The basis of a claim for damages under the terms of a policy. (2) Loss of assets resulting from a pure risk. Broadly categorized, the types of ...

How does secondary coverage work?

Secondary insurance: once your primary insurance has paid its share, the remaining bill goes to your “secondary” insurance, if you have more than one heal...

Do you have to change your insurance when you pass your test?

Although you can drive before you get your driving licence photocard, you MUST be properly insured. Any learner driver insurance you had does not cover yo...

What percentage of population has life insurance?

What percentage of the population has life insurance? 57% of Americans have life cover. The average American has $168,000 in life cover. The most common a...

Do you have to pay taxes on a life insurance payout?

The money is typically distributed tax-free to the beneficiaries. While life insurance payouts are not treated as taxable income, there are some scenarios...

Is Neighborhood health Plan of RI Medicaid?

Neighborhood Health Plan of Rhode Island is a not-for-profit health insurance plan. We currently serve about 200,000 members in the state. Nearly 80 perce...

Is hazard insurance covered by HOA?

Homeowner Associations, commonly known as HOAs, provide hazard and liability insurance as part of your monthly dues. The policy covers common areas and sh...

Is it illegal to keep my ex wife on my insurance?

After you get divorced, you may be able to temporarily keep your health coverage through a law known as “COBRA.” If your former spouse got insurance throu...