Monday, January 18, 2010

Insurance in the US



U.S. insurance industry today is perhaps one of the most important resources serving industries in the United States. Because of the excellent service U.S. Insurance industry is not only one of the best providers in the area of insurance in the U.S. but also worldwide.





The U.S. Insurance industry is controlled by the National Association of Insurance Commissioners established in 1871, which looks after and monitor the overall functioning of all U.S. insurance agencies.





U.S. insurance agencies are basically divided into two major subgroups heads according to the products and services they offer for life insurance and life insurance. The non-life insurance available may include disability insurance, property, accident and Expatriate Insurance. Tenant insurance, general liability,  Travel, health insurance, Worker's Compensation, Pet Insurance, Automobile Insurance, Home Insurance, Insurance Software System and the Global Student Insurance among some others. 





The U.S. Insurance industry is so large that the premiums are paid in a year, often close to 1.170.200 millioner dollar rate as a research project conducted in 2006. Premiums for life insurance amounted to U.S. $ 533.649 billion and nearly U.S. $ 636,452 million were disbursed to those provided non-life insurance premiums. This includes annuities suppliers also. There are close to the 5000 insurance agencies throughout the United States today, providing insurance-related products and services. Health and medical insurance industry is the largest growing U.S. insurance service in the recent past as health care and hospitalization are really one of the most expensive services, there is almost a necessity in their daily lives and must be covered by insurance agencies to cover the high costs of medicine, doctors and medical services especially in case of hospitalization. Annuities and term insurance plans are also in demand by U.S. insurance agencies. Since the health insurance, auto insurance and liabilities related insurance policies are popular. Long-term insurance is also doing well enough.



The next most popular American insurance services is auto insurance. Almost all homes in the United States has a transportation and auto insurance is very necessary to beat the high cost of repairs, maintenance and damage, there is so much associated with the costs required to maintain a car. Last but not least in private insurance schemes have also gained a huge popularity in the U.S. because of the growing and ever-growing U.S. population. Not just the residents of the United States but also by many immigrants from around the world who choose to establish homes in the U.S. and the settlement which has bee chooses home insurance loans to buy homes and houses. 





U.S. insurance companies are known for their brilliant services, easily accessible, custom-made policies to suit every need for every application for insurance, and most of all great customer service that has made them so popular, not only in the United States but throughout globe. Even with the spread of the Internet, it has become very easy these days to find out about the various American insurance agencies and their insurance policies and plans that you can even apply online sitting at home without hunting around for insurance agents. U.S. Insurance Agencies do insurance quotes are available free on the respective website for free insurance and insurance quotes can also be sent to you when requested or agent may fall from your chosen insurance organization when you have contacted them to give you a insurance quote. It's that easy! Multiple life insurance quotes within minutes by using our free online tool. Compare prices quotes and coverage for the best solution for your insurance needs. The insurance agency websites not only give you the "insurance quotes" of your choice, but also give you many add on facilities.

1 comment:

kareljones said...

No company is the best at everything all the time. There are some companies that are clearly great and some that aren't very good, but no clear winner as best. And further, every person has different needs and each company focuses on certain things. If the person is an expat, one of the things one need to check out very carefully is the expat health insurance.
Examine the provision of healthcare