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Insurance - All in Auburn, IN
American Family Insurance - Auburn, IN - Phone: (260) 927-1501
American Family Insurance Cherie Malcolm - Auburn, IN - Phone: (260) 925-8400
American National Insurance Company - Auburn, IN - Phone: (260) 927-9735
Auburn Abstract Company Inc - Auburn, IN - Phone: (260) 925-4260
Auburn Insurance Center Inc - Auburn, IN - Phone: (260) 925-2510
Brown & Brown Insurance Agency - Auburn, IN - Phone: (260) 925-4766
C L Beatty Insurance Agency - Auburn, IN - Phone: (260) 925-0090
Dekalb Farm Mutual Insurance - Auburn, IN - Phone: (260) 925-2752
Dekalb Farm Mutual Insurance CO - Auburn, IN - Phone: (260) 925-2668
Donavan Insurance Services - Auburn, IN - Phone: (260) 925-4314
Farm Bureau Insurance - Auburn, IN - Phone: (260) 925-4214
Farmers Insurance - Auburn, IN - Phone: (260) 925-0100
Fortress Mortgage & Financial Services - Auburn, IN - Phone: (260) 927-0560
Hefty James L Insurance - Auburn, IN - Phone: (260) 925-0470
Hefty Joyce A Insurance - Auburn, IN - Phone: (260) 925-2264
Hefty Joyce Insurance - Auburn, IN - Phone: (260) 925-5253
Hefty- James L - State Farm Insurance Agent - Auburn, IN - Phone: (260) 925-1717
Independent Networking Group - Auburn, IN - Phone: (260) 927-1266
Inmed Industrial Health - Auburn, IN - Phone: (260) 925-1110
Insurance & Financial Services - Auburn, IN - Phone: (260) 925-5376
Jeff Johnson Agency - Auburn, IN - Phone: (757) 896-1224
Madden Wayne Insurance Agency - Auburn, IN - Phone: (260) 925-0849
Nagel Insurance Agency - Auburn, IN - Phone: (260) 927-1690
National City - Auburn - Auburn, IN - Phone: (260) 925-3060
Northeastern IND Title Inc - Auburn, IN - Phone: (260) 925-2757
Peoples Federal Savings Bank - Auburn, IN - Phone: (260) 925-2500
Peoples Insurance Agency - Auburn, IN - Phone: (260) 925-8309
Roark's Insurance Services Inc - Auburn, IN - Phone: (260) 925-1434
Royal Mortgage Inc - Auburn, IN - Phone: (260) 925-8635
Schaab W J & CO - Auburn, IN - Phone: (260) 925-4212
Shuherk- Michael L Insurance - Auburn, IN - Phone: (260) 925-4103
Wells Fargo Bank Indiana - Auburn, IN - Phone: (260) 927-0456
Wells Fargo Home Mortgage - Auburn, IN - Phone: (260) 925-0495
Wells Fargo Home Mortgage Inc - Auburn, IN - Phone: (260) 925-4220
Helpful Definition for: Insurance - All
Insurance, in Auburn,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 Auburn 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.
