Learn how split limits in auto insurance define maximum payouts for bodily injury and property damage to better understand ...

An insurance claims adjuster investigates and settles claims. The most common types of insurance adjusters are public adjusters, company adjusters and independent adjusters. Each state has unique ...

Michael Evans writes about insurance and other finance topics for Investopedia. An insurance industry veteran, he has covered personal finance for more than 20 years for publications including ...

An insurance claim is a set of documents you file with the insurance company after an accident. If the accident is covered by your policy, the insurance company will cover your costs. You can make ...

In May 2025, Tesla’s insurance arm posted a combined ratio of 121% — meaning for every dollar in premiums, it paid out $1.21 in claims and expenses. For context, most insurers break out into a profuse ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Insurance has evolved to provide a ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...