Insurance companies use the premiums they receive not only to settle claims but also to generate additional income and profit by investing their funds in financialsecurities.

If your car is damaged because of another driver's negligence and you ask us to settle the claim for damage to your vehicle, we will seek to recover your deductible and our paymentsfrom the other party.

If an insurer settles a claim it pays money to a policyholder for the occurrence of a loss or risk against whichthey were insured.