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Eckels and Coy Insurance

Insurance, United States, Pennsylvania, Pittsburgh

Eckels and Coy Insurance provides comprehensive insurance solutions with personalized service, ensuring peace of mind for individuals and businesses alike.

About Eckels and Coy Insurance

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United States of America, Pennsylvania state
Official Website
http://www.eandcins.com
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FAQs – Eckels and Coy Insurance

How can I find out the cost of my insurance premium?

The cost of your insurance premium can be calculated by getting a quote from an insurance provider based on your specific circumstances and coverage needs.


Do all claims affect future insurance premiums?

Not all claims impact premiums, but frequent claims, at-fault accidents, or high-value claims may lead to increased rates or policy adjustments upon renewal.


How do insurance agents earn commissions?

Agents receive commissions from the insurance company for each policy sold, often as a percentage of the premium.


How do claims work under facultative reinsurance?

When a claim occurs, the primary insurer assesses the loss, submits relevant documentation to the reinsurer, and receives reimbursement based on the agreed-upon terms in the facultative reinsurance contract.


How do I know if I need flood insurance?

If you live in a high-risk flood zone, your mortgage lender may require it. Even if you're in a low-risk area, flood insurance is recommended as flooding can occur anywhere.


What is the difference between an elimination period and a waiting period?

An elimination period refers to the time before benefits begin in disability or long-term care insurance, whereas a waiting period applies more broadly.


What is facultative reinsurance?

Facultative reinsurance is a type of reinsurance where the ceding insurer negotiates coverage for each individual risk separately. The reinsurer has the right to accept or decline each risk based on its underwriting guidelines.


How can I trust an on-demand insurance provider?

Trustworthy on-demand insurance providers are licensed and regulated by appropriate authorities, offer transparent terms, have good customer reviews, and provide clear documentation about coverage, exclusions, and claims processes.


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