|
Horn &
France Insurance
Frequently Asked Questions
General
Questions
Vehicle
Insurance | Life Insurance
| Health Insurance
|
| |
|
|
General Questions for HFINS.com |
| |
|
|
|
| |
 |
|
How long will it take for
me to receive a reply? |
| |
|
|
Whether you filled out an
online request form or called by phone or visited in person,
you should have a reply within 24 hours or less. If
not, please contact us and
speak with a representative regarding your request. |
| |
|
|
|
| |
|
|
Frequently
Asked Questions about Vehicle Insurance |
| |
|
|
|
| |
|
|
What discounts can I get on
my vehicle insurance? |
| |
|
|
There are a number of
available discounts to help reduce the cost of an
individual's vehicle insurance policy. Some of these are:
- Accident prevention
course.
- Automatic seat belts
or air bags.
- Factory installed
anti-lock braking system (ABS).
- Anti-theft devices
(such as alarm systems or ignition "cutoff" devices,
certain electronic-tracking devices, or qualifying
identifying window glass etching).
- Factory-installed
daytime running lamps (DRL).
- "Careful Driver" or
"Accident-Free".
- A "Multi-Policy" or
"Account" discount.
- Driver Training (for
operators under age 21).
- Multi-Car.
|
| |
|
|
Why are vehicle insurance
rates higher for younger drivers? |
| |
|
|
Insurance rates are based
on the average experience of a group of persons with similar
characteristics (classification). Young drivers historically
have had poorer loss experience (both in the frequency of
accidents and the cost of those accidents) than older
drivers. By charging young drivers higher rates, those
drivers pay their fair share of insurance costs and older
drivers are not asked to subsidize them. In addition, rates
are generally higher for males because, consistently, female
drivers incur fewer and/or less severe claims than males.
|
| |
|
|
What is a "deductible"? |
| |
|
|
A deductible is an amount
that you agree to be responsible for in the event of a loss
under the physical damage (collision or comprehensive)
coverages of your policy. Deductibles are offered on some
coverages to give insureds flexibility in the cost of
insurance and the amounts they wish to be responsible for.
You may reduce your auto insurance costs by raising the
deductibles on physical damage coverages. You should review
the amount of the deductibles you now carry on these
coverages to determine whether it makes sense for you to
absorb a larger portion of your loss in the event of an
accident, in return for a lower premium charge. Under the
law, your insurer is required to furnish you with
information about how much you may save by adjusting your
deductibles. |
| |
|
|
|
| |
|
|
Frequently
Asked Questions about Life Insurance |
| |
|
|
|
| |
|
|
What's the difference
between Term, Universal, Whole and Juvenile life insurance? |
| |
|
|
Term Life Insurance
- Most
economical choice.
- Mainly pays
only death benefits.
- Usually has
flexible payment plans and available amounts
from typically $25,000 to over $1,000,000.
|
Juvenile Life
Insurance
- Low cost term
or even permanent plans.
- Single payment
premium payments plans are typically available
as well.
|
Whole
Life Insurance
- Premiums are
higher than term policies
- However, they
do typically remain level for the life of the
policy.
- Cash values
build up over time and are typically available
for loans or upon surrender. flexible payment
plans are available.
- Pays death
benefits.
|
Universal Life
Insurance
- Savings benefits
similar to Whole Life Insurance
- Death benefits
- You can
add more money monthly for larger accumulation.
- Cash values
build up over time and are typically available
for loans or upon surrender. flexible payment
plans are available.
|
|
| |
|
|
What happens if I forget to
pay my premium by the due date? |
| |
|
|
Your life
insurance policy will provide for a 31 day or one month
grace period within which you can still make your premium
payment. Your policy will continue in force during that
time. Review your policy to determine your
grace period. |
| |
|
|
|
| |
|
|
Frequently
Asked Questions about Health Insurance |
| |
|
|
|
| |
|
|
What is a pre-existing
condition? |
| |
|
|
A pre-existing condition
is any condition for which a person received treatment or
treatment was recommended within the preceding *six months.
*Please review the policy
for further specific details as well as changes regarding
the time frame that defines a pre-existing condition. |
| |
|
|
What is "open enrollment"? |
| |
|
|
Open enrollment means that
any individual, and dependents of such individual, and any
small group, including all eligible employees or group
members and dependents of employees or members, applying for
individual or small group health insurance coverage,
including Medicare supplement coverage, must be accepted at
all times throughout the year for any hospital and/or
medical coverage offered by the insurer to individuals or
small groups in this state. Once accepted for coverage, an
individual or small group cannot be terminated by the
insurer due to claims experience. |
