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CelestialScribe posted:- Life - Life, I got a million for $650/yr "super premium" (the top) tier, 35? when I got it, 25 year term. - Disabilty - Through work, lol likely not enough - Auto insurance is heavily make/model/driving history/zip code dependent. - Renter's was like $150/year for me when I rented, and offset almost entirely by "multi-line discount" in my auto insurance. People who don't have renters insurance are nuts. - Umbrella - Do you need this? Do you have assets which need protecting? Bankruptcy is an option if mow down the bread winner in a family in the prime of their life. Welcome to America  If you own your primary residence in a state where it can be attached, other significant non-401k assets then it can be useful, otherwise it's likely not needed. I think mine is $250/year for $1MM USD in coverage. This also lowered my car insurance slightly as I lowered my limits to the minimum required to attach the umbrella policy. Double reinforcing: You will need a specialist to draft your USA estate plan given the complication of the AUS citizenship and estate. Expect to spend a few grand more, I would guess $5,000-7,500 total. It should be a nominally one time expense.
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May 18, 2020 17:41
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Why are you coming to the US man? Look at what's happening. We are incompetent.
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May 18, 2020 20:40
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sheri posted:Why are you coming to the US man? I will pay off my mortgage in five years and I cannot reach any higher than I have now in my career, in my current country. Moving to the States is a win-win. I either go for a while, make bank and live a good life with an excellent income, or I go there, decide I don't like it, and move back to Australia where I have a house and free healthcare. INSURANCE CHAT: So, I actually found out that I can keep my Australian life and disability policies, which is pretty good considering they'll be super cheap. I'll probably just end up keeping those and get some smaller, supplemental policies in the States.
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May 25, 2020 04:11
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I have been buying auto insurance through the same agent my family has used for some time, to the tune of $1510 yearly. I have tried various agents and they all quote me at around or above that price. My renewal is coming up, and on a whim I plugged my info into GEICO. The quote there is less than half of what I'm paying, for the same coverage. I know nothing about GEICO beyond the stupid ads. I've been very happy with my insurance company, but I'd like to save some money. Would this be a bad choice?
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Aug 11, 2020 18:39
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KOTEX GOD OF BLOOD posted:I have been buying auto insurance through the same agent my family has used for some time, to the tune of $1510 yearly. I have tried various agents and they all quote me at around or above that price. If you're only buying auto and are a relatively low maintenance and internet savvy consumer, there really isn't a great reason to not go with GEICO (or shop around with other carriers). Just make sure the coverages are the same. GEICO (and Progressive) are making heavy market share plays right now so they're going to be very competitive for most people. If you have multiple types of policies you'd like to keep together or significant assets/unusual exposures (like a rental property) staying with an agent who can keep all of that straight might be better for you. Quick note -- broadly speaking in personal insurance there are two types of agents: captive and independent. Captive agents can only write for a single company (think State Farm) whereas independent agents are appointed by multiple companies and can write you policies with any one of them. There's really no point in shopping between captive agents for the same company because they have access to the same products and rates but good independents can quote you across a variety of carriers. Virtue fucked around with this message at 23:57 on Aug 11, 2020 |
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Aug 11, 2020 23:45
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Would you say that’s true if you’re also interested in renters insurance (for a renter, not a landlord) in addition to auto?
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Aug 12, 2020 00:14
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Mecca-Benghazi posted:Would you say that’s true if you’re also interested in renters insurance (for a renter, not a landlord) in addition to auto? You're fine. Renters insurance doesn't vary much person to person besides what limits you carry so there isn't a whole lot of potential to screw that up. You still want to discuss your needs with an agent even if you end up buying direct because I'm just a talking head on the internet but GEICO will probably facilitate you obtaining a renters policy with the auto and a discount to boot. They won't issue it on their paper but they'll partner with some other companies to get the policy written. That said, you might be surprised at the premiums you get quoted by independent agents if you're looking at both an auto and a home (or condo/renters) policy. Many smaller low profile companies tend to be much more competitive for that segment.
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Aug 12, 2020 04:31
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Thanks, that's good info. I work with an independent agent normally, so I was surprised that GEICO could offer me such a low price. When I asked my agent about this she said something about GEICO wouldn't be able to offer me the same kind of protection or service and would try to gently caress me out of a claim. This is strictly for auto insurance right now, although I previously bought renter's insurance with GEICO and it was fine.
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Aug 13, 2020 18:30
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KOTEX GOD OF BLOOD posted:When I asked my agent about this she said something about GEICO wouldn't be able to offer me the same kind of protection or service and would try to gently caress me out of a claim. In my experience there is a bit of a bias from the agency side towards regional/super-regional carriers and against the national giants. There is a drastic difference in claims handling between a specialty high net worth product (e.g. AIG Private Client or Chubb Masterpiece) and your bottom of the barrel non-preferred auto carrier (GEICO isn't one of these btw) but for most people the difference isn't really that large. Something else to consider is the value of "service" for each individual varies as well. One company might have great "service" because they have a call center with underwriters on staff to answer questions and process changes but that might seem antiquated and clunky to someone who prefers a DIY approach with a spiffy website and doesn't care all that much about the 500 factors that go into their premium. As with all things, YMMV.
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Aug 13, 2020 22:30
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So my wife just got a company car, with company insurance... how does this work if she was in an accident? Are we still personally liable for anything above what the corporate insurance doesn't pay? I was considering an umbrella policy - since we'll be selling her personal car, even adding the cost of an umbrella policy is going to save us a ton of money per year. Is an umbrella policy going to cover us even if she's in an accident driving a company car? This is a perk of the job and she's going to be driving it for personal reasons as well.
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Aug 21, 2020 01:10
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It really depends on the language in your policy and what you are doing with the car at the time. Talk to your agent and grill them real good, have them call someone at claims if needed.
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Aug 21, 2020 13:07
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Make sure you get a copy of the insurance page from your employer too. It's an ACORD doc I believe? Ask your work, in writing, if they cover you for liabilities while using the car for personal use. If they insist on talking to you, write a summary back to them in email and get a confirmation. Then forward that confirmation to your personal email.
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Aug 21, 2020 19:58
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H110Hawk posted:Make sure you get a copy of the insurance page from your employer too. It's an ACORD doc I believe? Ask your work, in writing, if they cover you for liabilities while using the car for personal use. If they insist on talking to you, write a summary back to them in email and get a confirmation. Then forward that confirmation to your personal email. Ahha, that might be the magic word to get what I want... currently the only information we have is an insurance card for the car, which doesn't say much. I'm reached out to an independent agent that's nearby as well.. this is probably a good time to review our homeowners/auto insurance. I think I'm probably paying too much for auto, as I got the policy back in 2012 and it's only ever gone up.
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Aug 21, 2020 21:02
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How much should I worry about a homeowners premium increasing due to a loss of use claim? I was evacuated from the wildfires and while I don't think my house is going to burn down, we're definitely going to spend a couple k in hotels/takeout before we get to go back to our home. I've heard horror stories about getting kicked from insurance for even a small claim due to wildfires, and we might be looking to file another claim for smoke damage in a month or so when we get back in depending on how bad the smoke got into the house. Not quite sure what the best way is to proceed here. Any insight?
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Aug 24, 2020 04:26
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Not much you can do about it honestly. If you get dropped it would be on your next policy renewal and they would give you the state required amount of time for a non-renewal notice. Some carriers cater almost exclusively to upmarket clients who have good credit, no loss history, etc. and drop people who start costing them money. Others may just raise your rates, some may do nothing. Your claim aside, I would expect carriers to raise rates as they’re going to be paying out a lot of loss dollars.
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Aug 24, 2020 13:07
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We have fairly comprehensive coverage for liability, with an umbrella policy on top. I think we are probably underinsured for uninsured motorist though. What do people commonly choose for that? We have fairly good health insurance. Edit: Actually I guess we have 250/500 which matches our liability so that’s probably fine. smackfu fucked around with this message at 15:43 on Aug 25, 2020 |
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Aug 25, 2020 15:35
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smackfu posted:We have fairly comprehensive coverage for liability, with an umbrella policy on top. I think we are probably underinsured for uninsured motorist though. What do people commonly choose for that? We have fairly good health insurance. That's way more than most folks carry.
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Aug 25, 2020 16:00
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I never realized some states have such insanely low minimum coverages. This poo poo ought to be criminal. Progressive telling people "Cover with confidence!" because most people in the area only get 25k in bodily injury and 50k property damage coverage is loving insane. And upgrading to something that's on the low end of barely reasonable (100/300/100) is only friggin 8 dollars a month or something.
bird with big dick fucked around with this message at 12:45 on Sep 5, 2020 |
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Sep 5, 2020 12:43
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Oh yeah. And there are states with lower minimums than that.
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Sep 5, 2020 13:23
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CA’s property damage minimum limit is still, in 2020, $5,000.
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Sep 5, 2020 13:27
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That's why the auto market HTFU the last five years.
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Sep 5, 2020 16:09
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Is anyone familiar with insurance issues related to hosting an indoor in-person “pandemic pod” for the upcoming school year? By “pod” I mean a group of children working through remote school material together ie not homeschooling or private schooling. IMO in-person pods are a bad idea right now due to the infection risk and I’m not endorsing or participating in them. However I’ve been asked to understand the insurance coverage required for a pod consisting of a few children + 1 adult caregiver, operating inside a rented apartment. As I understand it the basic insurance required for a pod even before the pandemic would be: -to cover the caregiver: workman’s comp + disability insurance + UI -to cover the children: rider on renter’s insurance or additional policy to cover accidents etc -all participants need medical insurance -anything else? However is there any additional insurance recommended to cover liability from the not unlikely event that someone gets infected with COVID-19 through their participation in the pod? Asking in part because again IMO there's no safe way to conduct in-person schooling or pods, or realistically even to operate in line with CDC guidelines for childcare.
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Sep 13, 2020 13:58
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Nocturtle posted:Is anyone familiar with insurance issues related to hosting an indoor in-person “pandemic pod” for the upcoming school year? This is something we're looking at as well so same questions. I presume it's all covered under the same stuff as in home workers like nanny's. Probably the best way to google and ask questions about it.
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Sep 13, 2020 16:50
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H110Hawk posted:This is something we're looking at as well so same questions. I presume it's all covered under the same stuff as in home workers like nanny's. Probably the best way to google and ask questions about it. I'm not sure this is the best way to go about it, as frankly the more I learn the more it seems necessary to just directly consult a lawyer. The insurance issues involved in holding a pod right now seem very complicated, at least to me. Based on cursory googling it looks like the caregiver's medical costs and lost income after contracting COVID-19 should be covered under workman's compensation insurance (in some/most US states? here is some info for the NYS case). Presumably having a workman's comp policy removes the caregiver's ability to hold the pod organizers liable directly, no matter how unsafely the pod is run (it will be). So absolutely critical now for pod organizers to obtain workman's compensation insurance for any caregiver they hire, although they should really do so anyway. I think insurer's aren't allowed to exclude illness contracted in the workplace from workman's compensation coverage? On the subject of workman's compensation insurance, it looks like insurers and employers are denying COVID-related workman's comp claims on a large-scale. It's gross, but if I understand correctly not something the pod organizer employing the caregiver needs to worry about in terms of liability or insurance coverage(?). Also not really relevant for people organizing the pod but I'm wondering whether whoever owns or leases the apartment would want third-party liability insurance, in case the COVID-19 infected caregiver wants to hold them liable for negligently allowing it to be used unsafely to hold a pandemic pod. As mentioned just holding a pandemic pod right now is unsafe and it's doubtful that any normal house or apartment will follow CDC guidelines for child-care environments. Is this a legitimate concern? Finally from what I've seen the normal extensions or riders to homeowner's or renter's insurance to cover children participating in the pod specifically excludes damages due to communicable disease. Obviously this is a problem right now, but does it mean additional insurance coverage is necessary? How likely is it that a COVID infection can be linked to the pod's operation at the standard necessary for civil liability?
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Sep 13, 2020 21:25
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Nocturtle posted:I'm not sure this is the best way to go about it, as frankly the more I learn the more it seems necessary to just directly consult a lawyer. The insurance issues involved in holding a pod right now seem very complicated, at least to me. To be clear: I agree these are valid questions. I have the same ones. Trying to help give you search terms as a lot of this stuff is state specific. Which state are you in? I'm in California. I believe "Household employee's" like a nanny have a specific carve out in various laws compared with people you have in your home working incidentally, such as a twice a month housekeeper or handyman. Your best bet is to have the person hosting the pod to call their carrier and ask. Note the date, time, reference number (if available), and person they spoke with, try to get a reply in writing. We're shaking out the details here then I intend to do the same as we while we are not hosting the pod we might use the "teacher" as a babysitter on the weekend should we need a breather. My general plan is to see if I need an endorsement on my homeowners insurance, and make sure it flows through to my umbrella policy. We're going to have the host do the same, and verify they have an umbrella as well. We'll come up with some kind of cost share on that.
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Sep 13, 2020 22:25
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Nocturtle posted:I'm not sure this is the best way to go about it, as frankly the more I learn the more it seems necessary to just directly consult a lawyer. The insurance issues involved in holding a pod right now seem very complicated, at least to me. Not all states Workers Compensation will cover cases of an employee with Covid. https://www.ncsl.org/research/labor...ssful%20claims. I'm only familiar with California, but prior to the pandemic there was essentially no way to make a successful claim for anything not considered an occupational disease (Black lung, silicosis, mesothelioma, etc.). If you caught the flu from work and were disabled for life, you were poo poo outa luck as you could have caught that anywhere. A few months ago Cali's Workers Compensation guidance was updated to make Covid a presumptive occupational disease if it passes a few tests. Which means it went from basically a 0% chance to get payout from your employer's insurance, to almost 100% if you worked in person in the last 14 days prior to your positive test. Edit: On the liability side for kids/parents getting sick: There's really not going to be any coverage for that. You could sue and if you can show negligence you may be able to recover damages, but most policies already have a disease exclusion and the new ones getting cooked up specific to Covid are pretty solid. Virus/Bactira/Fungus was already excluded on the majority of General Liability policies, and now I'm even getting it on Builders Risk(Course of Construction) of all things, even without and Delay in Completion or Business/Rental Income coverage. Double Edit: Actually looking at a few of my CGLs from last year, there is not a virus exclusion, it's just the standard Fungus/Bacteria. Any renewals past ~April sure do though, and probably some leading up to that. Bondematt fucked around with this message at 23:02 on Sep 13, 2020 |
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Sep 13, 2020 22:45
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H110Hawk posted:To be clear: I agree these are valid questions. I have the same ones. Trying to help give you search terms as a lot of this stuff is state specific. Which state are you in? I'm in California. I believe "Household employee's" like a nanny have a specific carve out in various laws compared with people you have in your home working incidentally, such as a twice a month housekeeper or handyman. I understand your point, but suspect that I just don't know enough about insurance to figure out the required coverage. Your suggestion that the pod organizers should just talk with an insurance agent is a good one, at this point I'm mainly trying to figure out what questions they should ask. Bondematt posted:Not all states Workers Compensation will cover cases of an employee with Covid. https://www.ncsl.org/research/labor...ssful%20claims. I'm in NY and it looks like the guidance has also been updated to make COVID presumptive, so presumably any potential pod caregiver would have that going for them. Regarding the liability policy exclusions for infectious disease, that sounds like a big problem for anyone planning to hold a pandemic pod right now. Could someone plausibly get successfully sued for medical expenses after some kid gets sick at a badly run pandemic pod?
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Sep 14, 2020 05:13
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PSA: Don't use companies like Progressive, get car insurance with someplace like State Farm where you've got a local agent that you can drive down to his office and punch him in the neck when he's screwing you over.
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Sep 14, 2020 12:35
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Captive agents (SF, Allstate, etc) have zero involvement in the claims process and basically only exist as a middleman.
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Sep 14, 2020 12:38
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They're still local and have necks though.
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Sep 14, 2020 12:40
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Agents can be an advocate and help with the claims process.
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Sep 14, 2020 12:44
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My claims adjuster sucks poo poo out of dead men's asses and has actively lied to me at least once though tbf it may have been due to stupidity/incompetence rather than malice and seems to not know any responses other than "that's a good question" when I ask him very specific questions about why they're doing things that are objectively wrong in order to diminish the value of my totaled vehicle.
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Sep 14, 2020 12:48
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Make a DOI complaint.
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Sep 14, 2020 13:01
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LongDarkNight posted:Make a DOI complaint. This is the nuclear option, I’d try talking to your claims adjuster’s manager first. Not even their supervisor or team leader or whatever, jump up 2 levels. Once the DOI complaint is in, a lot of places consolidate handling of those to a group who may or may not be willing to work with you as much as a manager who doesn’t want another DOI complaint to deal with
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Sep 14, 2020 13:05
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Should I do these things before or after we go to the "We and you get independent third party appraisers to appraise the value of the vehicle and if they don't agree they have to select a third party arbiter to determine who's correct" step which we're about to embark upon? I'm absolutely going to file a DOI complaint at the end of this regardless of what happens.
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Sep 14, 2020 13:10
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Appraisal clause will cost you money. DOI complaint is free.
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Sep 14, 2020 13:26
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Appraisal won't cost me anything as long as I win, which I think I will though at this point I'm actually concerned whether or not they will provide complete and honest information to their third party appraiser.
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Sep 14, 2020 13:42
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One additional thing I've come upon in my googling is that NYS requires employers to obtain disability insurance for any employee. If the pod organizers fail to obtain disability insurance, then apparently they would be liable for:quote:Liabilities and Penalties for Not Having Required Disability Benefits Insurance Coverage So for example if the pod caregiver gets COVID and ends up not being able to work due to long-term complications the pod organizers could potentially be liable if they didn't obtain disability insurance. Do I understand this correctly?
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Sep 14, 2020 16:11
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bird with big dick posted:Appraisal won't cost me anything as long as I win, which I think I will though at this point I'm actually concerned whether or not they will provide complete and honest information to their third party appraiser. I told Progressive this and asked them if I get to see what, exactly, they provide to the appraiser. They have not yet responded. One of my claims adjuster's tactics seems to be to ignore me all week long and then call me at 4:15 PM on Friday so I have a maximum of 45 minutes to yell at him.
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Sep 15, 2020 11:51
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They’re going to provide the appraiser the pictures they took of your car and a copy of the total loss evaluation that their vendor completed (either Mitchell or CCC). That’s pretty much all there is to it. What condition your car was in, how many miles, what options, etc. vs. what comparable vehicles have sold for or are listed for sale, with an adjustment for the expected sale value after the price is negotiated. Are any of the comp vehicle’s prices way out of whack? How far apart is their offer from what you want, and how did you come to that number?
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Sep 15, 2020 12:17
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