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BranchIns Group

Insurance, United States, Texas, Houston

Innovative insurance solutions for businesses. Experts in employee benefits and risk management. BranchIns Group ensures peace of mind for all your insurance needs.

About BranchIns Group

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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.branchinsgroup.com
Location Address Official Phone Email
United States of America, Texas state 123 Main Street, Suite 100, Houston, TX 77002 **** ****
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FAQs – BranchIns Group

What happens if I don’t have flood insurance and my home floods?

Without flood insurance, you will have to pay for repairs and replacements out of pocket. Federal disaster assistance may provide limited aid, but it is not a replacement for insurance. Homeowners should consider the financial risk of going without coverage, even in lower-risk areas.


Is there a deductible that affects my reimbursement?

Yes, many insurance policies have a deductible, which is the amount the policyholder must pay out-of-pocket before reimbursement occurs. Only the remaining eligible expenses, after the deductible, will be reimbursed by the insurer.


Where can I find an insurer’s Claim Settlement Ratio?

CSR is published in the annual reports of insurance companies and is available on regulatory websites like IRDAI, insurance company websites, and financial advisory portals.


Will using a UBI program affect my credit score?

No, UBI participation does not impact your credit score. Insurers assess driving behavior rather than financial history. However, some insurers may use credit-based insurance scores separately to determine base rates before applying UBI discounts. Check with your insurer to understand all rating factors.


Do prescription medications have copays or coinsurance?

Prescription drugs may have either copays or coinsurance, depending on the policy. Lower-tier generic medications usually have copays, while specialty or brand-name drugs may involve coinsurance.


Does renters insurance liability cover pet-related injuries?

Yes, if your pet bites or injures someone, liability insurance can cover medical costs and legal expenses, depending on the policy.


Can an insurer have multiple treaty reinsurance agreements?

Yes, insurers can have multiple treaties to cover different lines of business, risk layers, or geographic regions. For example, they may use a combination of quota share, surplus, and excess-of-loss treaties to optimize risk transfer and financial protection.


Are there different grace period rules for employer-provided insurance?

Yes, employer-sponsored insurance may have different grace period terms, often dictated by company policies, labor laws, or group insurance agreements rather than individual insurer rules.


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