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Combined Agents of America, LLC

Insurance, United States, Texas, Austin

Leading Independent Insurance Agency Network specializing in Risk Management and Employee Benefits with a focus on personalized service and tailored solutions.

About Combined Agents of America, LLC

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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, Texas state
Official Website
http://www.combinedagents.com
Location Address Official Phone Email
United States of America, Texas state United States, Texas, Austin **** ****
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FAQs – Combined Agents of America, LLC

Does a deductible apply to every claim I make?

Yes, in most cases, a deductible applies to each claim you file, meaning you must pay your portion before the insurer contributes. However, some policies have an annual deductible, such as health insurance, where you only need to meet it once per year before coverage begins.


How can I increase my homeowners liability coverage?

You can increase coverage by purchasing higher liability limits in your policy or adding an umbrella insurance policy, which provides extra protection beyond standard homeowners insurance.


What is a retrocession in reinsurance?

Retrocession is when a reinsurer transfers a portion of its assumed risk to another reinsurer, further spreading liability and protecting against major financial losses.


Will I be covered during the grace period after missing a payment?

Yes, you typically remain covered during the grace period as long as the payment is made before the grace period expires. However, the insurer may not cover certain claims made during this period if the payment is not received on time. Always contact your insurer for specific details about your coverage during the grace period.


What factors do insurers consider when calculating UBI discounts?

Insurers evaluate factors like mileage, time of day, hard braking, rapid acceleration, smooth driving, and sometimes even mobile phone usage while driving.


What are underwriting guidelines?

Underwriting guidelines are rules and criteria insurers use to assess applicants, ensure consistency, and determine risk acceptance or rejection.


How much does trip cancellation insurance cost?

The cost varies but typically ranges from 4% to 10% of the total trip cost. Factors like traveler’s age, destination, trip duration, and coverage limits influence the price. Higher coverage amounts and add-ons, like Cancel for Any Reason (CFAR), increase costs.


Can underwriting decisions be appealed?

In some cases, underwriting decisions can be appealed if you believe the insurer has made an error or if you can provide additional information that changes the risk assessment. It depends on the insurer’s policy.


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