SpideyTheMan1 (@SpideyTheMan1)

What is insurance?

What is insurance? Insurance is a contract between an individual (the policyholder) and an insurance company. This contract provides that the insurance company will cover some portion of a policyholder’s loss as long as the policyholder meets certain conditions stipulated in the insurance contract. The policyholder pays a premium to obtain insurance coverage. If the policyholder experiences a loss covered by insurance, such as a car accident or a house fire, the policyholder files a claim for reimbursement with the insurance company. The policyholder will pay a deductible to cover part of the loss, and the insurance company will pay the rest.

When you buy an insurance policy, you’re pooling your loss risk with the loss risk of everyone else who has purchased insurance from the same company. If you get your homeowners insurance from State Farm, which sells far more homeowners insurance policies than any of its competitors, you’re joining forces with millions of other homeowners to collectively protect each other against loss. Each homeowner pays annual premiums; State Farm collected more than $39.593 billion in earned premiums in 2016, according to its annual report.

@Colohue Is it really a war anyway? Doesn't everyone pretty much have DVRs now? I mean, there are all kinds of show… https://t.co/ApdFqaL2YP
@superheromt @MichaelNatale31 Well, guess it's convenient that Feige is getting involved then.
Love this George Carlin stuff. All of these people jumping on his bandwagon based off of one interview many years a… https://t.co/Ni2h4a93ls
@KryptonsIegacy @DetectiveDrake Yeah, and Superman should just kill all the villains and then there'd be nothing to worry about.
@diboblo @YouTube Nope...no apologies needed. Was hilarious. I'm so tired of people having to apologize for stuff t… https://t.co/OBDCr9QEmb
@batfan3000 Yep...that's comics. Big changes, then back to tradition. Then Big changes, then a Crisis or Flashpoint… https://t.co/uMiF0YWJ4w
@batfan3000 Don't forget...they tried to get rid of Supes trunks in the 90s...didn't go so well.
@Marvel @DCComics @starwars @StarTrek @WWE @AEWrestling Craft Beer, Domestic Beer, & Imports Real Italian Food & Ol… https://t.co/aWyXO9b05E
@Marvel @DCComics @starwars @StarTrek @WWE @AEWrestling Cable & Streaming Ford, Chevy, & Dodge NY Pizza & Chicago P… https://t.co/D2btM14UuC
This Linda Tripp topic makes me ask this question. When did we become a society that justifies doing the wrong thin… https://t.co/1FLPf1u7zS
@BlogSixers @RussellNoyes4 Then remember that you don't want to put any children in the same situation...
#SayNoToSexUntil you are old enough, responsible enough, and make enough money to take care of, and properly raise,… https://t.co/Rm8Mo2XoDn
@WrestleRant I wish I could go back to the days of believing in Santa Claus. Things were so much more fun. Wrestlin… https://t.co/4e9ojqREzs
@pierobuccellato Sling Blade...it's overused because it's the lamest, worst looking move in wrestling.
@SuperheroPOLL @CBNostalgia @MoviesMatrix @Variety None of the above. I'm good with him anywhere, and will keep my… https://t.co/mxS4Aj0Cpa
@2_020__ @FanSidedDDT I realize that. I know how hardcore fans can be about this kind of stuff. They're going to li… https://t.co/8I6kUzZEd2
@FanSidedDDT What I do know is that NXT is not my thing. Some of the action that was getting the "holy shit" and "N… https://t.co/I5cGHYOgdj
@Q_Review If he fixed up the city, the criminals would simply have better buildings/infrastructure from which to operate.
@djark Yeah, but that's every commentator.