Where do insurance companies get money?

Where do insurance companies get money?

Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets.

Would you expect Lauren’s deductible to be higher lower or the same as Jerry’s why?

Would you expect Lauren’s deductible to be higher, lower, or the same as Jerry’s? Why? I would expect it to be lower because of the premiums cost. Where do insurance companies get the money to pay for losses suffered by their customers?

How often should you check your credit score?

Once a YearReview All Your Credit Reports At Least Once a Year to Maintain Credit Health. There are three major credit reporting agencies in the U.S. – Equifax, Experian, and TransUnion – and each produces proprietary reports. Jan 29, 2021