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Insurance - All in Abingdon, VA
Acordia Employers Service - Abingdon, VA - Phone: (276) 676-3603
Allied Home Mortgage Capital Corporation - Abingdon, VA - Phone: (276) 619-4663
Allstate Insurance - Abingdon, VA - Phone: (276) 628-1184
Allstate Insurance Company - Abingdon, VA - Phone: (276) 628-2711
American Values Investment's - Abingdon, VA - Phone: (276) 623-1225
Bailey Kenneth W Insurance - Abingdon, VA - Phone: (276) 628-5511
Bailey- Kenneth W Insurance - Abingdon, VA - Phone: (276) 628-9315
Bales Larry Insurance - Abingdon, VA - Phone: (276) 628-9536
Bales- Larry L - Abingdon, VA - Phone: (276) 628-9535
Banc Of America Investment Services- Inc - Abingdon, VA - Phone: (540) 623-5190
Bank Of America - Abingdon, VA - Phone: (276) 676-5069
Bank Of America Mortgage - Abingdon, VA - Phone: (423) 676-5030
BB & T - Abingdon, VA - Phone: (276) 739-7721
Bell- Cameron S. Attorney - Abingdon, VA - Phone: (276) 628-5151
CBI Insurance - Abingdon, VA - Phone: (276) 628-8238
Chafin Insurance Agency - Abingdon, VA - Phone: (276) 623-1432
Citifinancial - Abingdon, VA - Phone: (276) 628-7111
Commonwealth Community Bank - Abingdon, VA - Phone: (276) 623-0787
Countrywide Home Loans - Abingdon, VA - Phone: (276) 739-0140
Counts Insurance Agency Inc - Abingdon, VA - Phone: (276) 628-3823
CSE Financial Services Inc - Abingdon, VA - Phone: (276) 619-5600
CSE Insurance Agency Inc - Abingdon, VA - Phone: (276) 628-4121
Cumberland Title Insurance Agency - Abingdon, VA - Phone: (276) 676-0330
Dever Credit Insurance - Abingdon, VA - Phone: (276) 676-1090
Employee Benefits Inc - Abingdon, VA - Phone: (276) 628-9070
Equity One - Abingdon, VA - Phone: (276) 676-0204
Equity Services - Abingdon, VA - Phone: (276) 628-8807
Erie Insurance Group - Abingdon, VA - Phone: (276) 628-4944
Farm Bureau Insurance-Washington - Abingdon, VA - Phone: (276) 628-7135
Farmers Mutual Fire Insurance CO - Abingdon, VA - Phone: (276) 628-2351
Fields- D. Christopher Attorney - Abingdon, VA - Phone: (276) 628-9515
First 1 Bank of Virginia - Abingdon, VA - Phone: (276) 628-7376
First Residential Mortgage - Abingdon, VA - Phone: (276) 739-2345
Hutton Joe - Abingdon, VA - Phone: (276) 623-9200
Insurance Center Of - Abingdon, VA - Phone: (540) 623-9200
Madison-Mortgages - Abingdon, VA - Phone: (276) 628-1276
Mary Andrews Insurance - Abingdon, VA - Phone: (276) 628-4225
MetLife Auto & Home - Abingdon, VA - Phone: (276) 628-8421
Nationwide Mutual Insurance CO - Abingdon, VA - Phone: (276) 676-0344
NPB Financial Services Inc - Abingdon, VA - Phone: (276) 628-7032
Ole Commonwealth Insurance Agency - Abingdon, VA - Phone: (276) 623-1333
Parsons Tom - Abingdon, VA - Phone: (276) 676-0290
Prudential Insurance Company of America - Abingdon, VA - Phone: (276) 628-8911
Ratcliff's Insurance - Abingdon, VA - Phone: (276) 628-9532
Rhoton Billy W Insurance Agency - Abingdon, VA - Phone: (276) 628-9016
SLM Financial Corporation - Abingdon, VA - Phone: (276) 619-5181
State Farm Insurance Companies - Abingdon, VA - Phone: (276) 628-3828
Tritt Insurance Agency - Abingdon, VA - Phone: (276) 739-0085
Tritt Insurance Agency Inc - Abingdon, VA - Phone: (276) 619-2552
Tyler Mickey Auto Insurance - Abingdon, VA - Phone: (276) 698-3033
Helpful Definition for: Insurance - All
Insurance, in Abingdon,denotes a service primarily meant for risk management that provides financial assistance during an unexpected loss or transfers the risk of a loss equitably, from one entity to another, in exchange for payment. An insurance company in Abingdon sells the insurance to its client, called insured, or policyholder, who is the person or entity buying the insurance policy. The factor called 'Insurance rate' determines the amount to be charged for a certain deal of insurance coverage, which is called the premium.
Insurance pools funds from many insured entities or exposures to pay for the losses incurred & thus protects the insured entities from the risk of paying a fee, the amount of which may depend upon the frequency and severity of the event occurring.
Insurance can be provided by private companies to cover the risks, typically sharing seven common characteristics:
1. Large number of similar exposure units
2. Definite loss
3. Accidental loss
4. Large loss
5. Affordable premium
6. Calculable loss
7. Limited risk of catastrophically large losses
The legal principles of an insurance policy generally include- Indemnity, Insurable interest, Utmost good faith, Contribution, Subrogation & proximate cause. Insurance may be provided for various tangible & intangible properties, such as- Home insurance, Vehicle or auto insurance, Health insurance, Accident, sickness & unemployment insurance, Casualty insurance, Life insurance, Property, Liability or Credit Insurance & closed-community self-insurance.
