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Great American Insurance Group

Insurance, United States, Ohio, Cincinnati

Great American Insurance Group provides a wide range of insurance products and risk management solutions, specializing in commercial property & casualty, annuities, and supplemental health insurance.

About Great American Insurance Group

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Basics

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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, Ohio state
Official Website
http://www.greatamericaninsurancegroup.com
Location Address Official Phone Email
United States of America, Ohio state United States, Ohio, Cincinnati **** ****
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FAQs – Great American Insurance Group

How do insurers determine depreciation for ACV?

Insurers calculate depreciation based on factors like age, condition, expected lifespan, and market trends. They may use depreciation tables, industry standards, or professional assessments to estimate how much value an item has lost over time.


How does Brexit impact international insurance laws?

Brexit led to regulatory divergence between the UK and EU, affecting passporting rights, licensing, cross-border claims, and policyholder protections.


How do I choose the right Marine Cargo Insurance policy?

Choosing the right policy depends on factors like shipment frequency, cargo type, risk exposure, and budget. Businesses should evaluate coverage options, exclusions, claim procedures, and insurer reputation before selecting a policy that best suits their needs. Consulting an insurance broker or agent can help in making an informed decision.


What is an HMO referral and why is it necessary?

A referral is an authorization from your PCP allowing you to see a specialist within the HMO network. This ensures coordinated care and helps control healthcare costs for both the insurer and the patient.


Does the No-Claim Bonus apply to my comprehensive or third-party insurance?

Yes, NCB applies to both comprehensive and third-party car or bike insurance policies, but the percentage may differ based on the type of coverage.


Can a company with a low Claim Settlement Ratio still provide a good insurance policy?

Yes, although a low CSR is concerning, it doesn’t automatically mean the policy is bad. Other aspects like coverage, affordability, and customer service should also be evaluated. Always do thorough research before choosing an insurer.


What happens if a TPA is removed from an insurance panel?

If a TPA is removed, the insurer assigns another TPA to handle claims and administration. Policyholders are informed about the change, and ongoing claims are smoothly transitioned to the new TPA.


Does marine liability insurance cover oil spills?

Yes, policies often include pollution liability coverage for oil spills and environmental damage caused by the insured vessel’s operations.


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