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What does it mean when an insurance claim has been processed?

How Does Claims Processing Work? After your visit, either your doctor sends a bill to your insurance company for any charges you didn’t pay at the visit o...

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What happens to homeowners insurance when the homeowner dies?

When the homeowner who purchased the insurance policy passes away, the estate executor will be responsible for notifying the insurance company. Then, the ...

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How can insurance companies cut costs?

One crucial way that companies can reduce their insurance costs is by reducing the risks associated with their specific line of business. Procedural train...

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Does travel insurance allow you to cancel for any reason?

If you have CFAR coverage, you can cancel your trip for any reason that’s not already a reason covered by your policy. You will generally be reimbursed fo...

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Who is responsible for gravestones?

the family “Generally the family is responsible for the headstone,” said Janway. Are collectibles covered by homeowners insurance? Homeowners insurance us...

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How is money paid in an auto accident settlement?

Your settlement draft (check), will show a total amount paid on the bodily injury claim. The auto accident settlement amounts will not generally categoriz...

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Does your insurance company need to know where you work?

To be considered for insurance, there is a certain amount of information that most insurance providers need to process your application. They need to esta...

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How does workers compensation work in North Carolina?

Workers’ Comp laws in NC provide injured workers medical treatment for their injuries as well as wage replacement when they are disabled. Unlike the tort/...

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Are corporations required to have liability insurance?

General liability insurance isn’t typically required for businesses in California, but be aware that the state doesn’t put a cap on liability lawsuit rewa...

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Can life insurance payout be denied?

It’s unusual for a life insurance company to deny a life insurance claim. However, it’s not impossible. A life insurer might deny the death benefit if the...

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