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Berkley Aspire

Insurance, United States, Ohio, Columbus

Innovative insurance solutions for small and specialty businesses, with a focus on program business and alternative risk transfer strategies.

About Berkley Aspire

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Basics

Type
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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.berkleyaspire.com
Location Address Official Phone Email
United States of America, Ohio state United States, Ohio, Columbus **** ****
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FAQs – Berkley Aspire

What is homeowners insurance?

Homeowners insurance is a policy that provides financial protection against damages to your home and personal belongings due to covered perils like fire, theft, or natural disasters. It also includes liability coverage for injuries that occur on your property.


Can paying insurance premiums annually save money?

Yes, many insurers offer discounts for annual premium payments instead of monthly installments, reducing administrative costs and potential installment fees for policyholders.


Will my premiums go up after I file a claim?

Filing a claim may cause your premiums to increase, especially if the claim is related to an at-fault incident or if you have multiple claims over time.


How do I enroll in a UBI program?

To enroll in a UBI program, you must sign up with a participating insurance company and install a telematics device in your car or use a mobile app. The insurer will then monitor your driving data to calculate your insurance rates.


How does a health insurance deductible work?

A health insurance deductible is the amount a policyholder must pay annually before the insurer begins covering medical expenses, except for preventive services in some plans.


What documents are needed to claim emergency evacuation expenses?

Travelers typically need medical records, a doctor's certification of medical necessity, receipts for expenses incurred, and proof of travel insurance coverage. The insurer may also require documentation of transportation costs, hospital bills, and any correspondence related to the emergency evacuation process.


Is third-party insurance required by law?

In many regions, third-party insurance is a legal requirement, especially for vehicles. For example, in most countries, it’s mandatory for drivers to have third-party liability insurance to ensure compensation for accidents involving other people or property.


Can an insurer use both facultative and treaty reinsurance simultaneously?

Yes, insurers often use a combination of facultative and treaty reinsurance to optimize risk management, ensuring broad coverage while obtaining case-specific protection when needed.


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