The Daily Horizon

Featured Article

Who sets insurance premium rates?

Actuaries set the insurance rate based on specific variables, while underwriters decide which variables apply to a specific insurance applicant. Because a...

Read Full Article Browse education insights

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How much will a car accident affect my insurance?

Getting into a car accident in which you are at fault can raise your auto insurance rates in a big way. On average, the annual cost for a full-coverage ca...

How much does car insurance go up after an accident?

Car insurance rates go up 31 percent, on average, after one at-fault accident with more than $2,000 in damage, or by $450 a year, CarInsurance.com rate da...

Is water damage covered by laptop insurance?

So if a burst pipe damages everything in your living room (laptop included) it will be covered. Believe it or not, if you spill water on your friend’s lap...

Can an agent share commission with another agent?

Please note, while the general rule is that agents and brokers may share commissions, where both the agent and broker are licensed to sell the type of ins...

What is classed as critical illness on life insurance?

The kinds of illnesses that are covered are usually long-term and very serious conditions such as a heart attack or stroke, loss of arms or legs, or disea...

Can you backdate health insurance cancellation?

The retroactive cancellation of a health insurance policy. Insurance companies will sometimes retroactively cancel your entire policy if you made a mistak...

Who is at fault in a multiple car accident?

When there is a pile-up of three or more vehicles, a car will still be at fault for rear-ending another vehicle unless it was also rear-ended from behind....

Does your health insurance company cover you when traveling abroad?

Although many health insurance companies will pay “customary and reasonable” hospital costs abroad, very few will pay for your medical evacuation back to ...

How does a revoked licence affect insurance?

No, you cannot keep your auto insurance policy if your driver’s license if revoked. Your driver’s license is required to legally operate an automobile. Wi...