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Ohio Insurance Agents Association

Insurance, United States, Ohio, Columbus

Protecting Ohioans with comprehensive insurance solutions and advocating for the insurance industry's growth and prosperity.

About Ohio Insurance Agents Association

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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, Ohio state
Official Website
http://www.ohioinsuranceagents.com
Location Address Official Phone Email
United States of America, Ohio state United States, Ohio, Columbus **** ****
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FAQs – Ohio Insurance Agents Association

Can policyholders negotiate insurance premiums?

While base premiums are determined by risk assessment, policyholders can lower costs by bundling policies, maintaining a good claims history, improving risk factors (e.g., installing security systems), or increasing deductibles. Some insurers also offer discounts for loyalty, safe behavior, or specific occupational groups.


What is business insurance, and what types are available?

Business insurance protects companies against financial loss. Types include general liability, property insurance, workers' compensation, business interruption insurance, and professional liability, each designed to cover specific business risks.


Does indemnity insurance require proof of loss?

Yes, policyholders must provide documentation, such as invoices, repair estimates, or medical bills, to substantiate their claim before receiving compensation.


How do I file a liability insurance claim?

To file a claim, notify your insurer as soon as an incident occurs, provide all necessary documentation (e.g., accident reports, witness statements, legal notices), and cooperate with the insurer’s investigation and legal defense.


What factors influence the cost of private health insurance?

Several factors influence the cost of private health insurance, including the level of coverage, the individual's age, pre-existing medical conditions, the insurer's pricing policies, the geographic location, and the deductible amount. Younger individuals typically pay lower premiums, while those with pre-existing health conditions or higher coverage requirements may face higher costs.


How do deductibles affect insurance premiums?

A higher deductible usually lowers your premium, while a lower deductible increases it because the insurer assumes more financial responsibility.


What is the relationship between a ceding company and a reinsurer?

The ceding company and reinsurer enter into a contractual agreement where the ceding company transfers specific risks in exchange for a reinsurance premium. The reinsurer assumes responsibility for the covered losses according to the terms of the agreement.


What is the best health insurance company globally?

Some of the best health insurance companies include UnitedHealth Group, Anthem, Cigna, Humana, and Bupa, based on coverage options, customer satisfaction, and affordability.


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