How Does an Insurance Company Set Reserves?
Insurance is viewed by some as a waste of time, until it is needed. There are many different types of insurance from health, life, auto and long and short-term disability. All are a necessary part of life. Yes, paying the monthly or semi-annual premiums is a pain, but it is nice having the piece of mind knowing everything is taken care of. In this free video series on insurance, a licensed insurance salesperson explains different types of insurance. Learn about homeowners insurance, auto insurance and construction insurance. Get tips on liability insurance, cheap car insurance and how to sell insurance. Protect against potential damage to property, a business or a person by purchasing the best insurance coverage with help from these free videos. “How does an insurance company set reserves? Now for those of you who might not know what a reserve is, a reserve is the amount of money held back from your policy by an insurance company when there is a claim. Typically it’s a liability claim,
