Find a Business Near: Grosse Pointe Woods, MI

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    Insurance - All in Grosse Pointe Woods


    Below is a list of businesses listed within our directory. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.

       


    Standard Listings

    Business Listing   A A A - A A A Branch Offices- Grosse Pointe - Grosse Pointe Woods, MI - Phone: (313) 343-6000


    Business Listing   Andary F L General Insurance - Grosse Pointe Woods, MI - Phone: (313) 886-5670


    Business Listing   Bruwier Sally Insurance - Grosse Pointe Woods, MI - Phone: (313) 884-9473


    Business Listing   Bruwier- Sally J - State Farm Insurance Agent - Grosse Pointe Woods, MI - Phone: (313) 343-0281


    Business Listing   Chase Manhattan Mortgage Corporation - Grosse Pointe Woods, MI - Phone: (313) 882-7162


    Business Listing   Defour Insurance Agency Inc - Grosse Pointe Woods, MI - Phone: (313) 881-8970


    Business Listing   Farm Bureau - Grosse Pointe Woods, MI - Phone: (313) 884-2695


    Business Listing   Financial Mortgage CO - Grosse Pointe Woods, MI - Phone: (313) 881-3300


    Business Listing   Greco Philip F Title CO - Grosse Pointe Woods, MI - Phone: (313) 343-0220


    Business Listing   L A Insurance Agencies - Grosse Pointe Woods, MI - Phone: (586) 757-4220


    Business Listing   Meador- Sandra - State Farm Insurance Agent - Grosse Pointe Woods, MI - Phone: (313) 343-5600


    Business Listing   Niemeyer Maxine B CLU - Grosse Pointe Woods, MI - Phone: (313) 343-9009


    Business Listing   R H Reaver Company - Grosse Pointe Woods, MI - Phone: (313) 886-1041


    Business Listing   Risk Management Advisors Inc - Grosse Pointe Woods, MI - Phone: (313) 886-8331


    Business Listing   Suburban Mortgage - Grosse Pointe Woods, MI - Phone: (313) 886-1226


    Business Listing   W H Mc Coy Company - Grosse Pointe Woods, MI - Phone: (313) 885-3333


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    Helpful Definition for: Insurance - All

    Insurance, in Grosse Pointe Woods,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 Grosse Pointe Woods 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.




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