Insurance Companies Leaving Washington. A cobra plan usually provides coverage for up to 18 months. Comprehensive (or other than collision) coverage explicitly covers theft or larceny, without any “ifs”.
Conseco, an insurance company set up in 1979, was estimated at 61.4 billion usd upon its bankruptcy in 2002. Most employers with 20 or more employees are required to provide a cobra option, except for certain religious organizations and the federal government. When you switch insurance companies, your open claim will not transfer.