Sometimes an adjuster will deny a claim, citing a policy provision that clearly excludes coverage for the claim. But that doesn’t necessarily mean the claim isn’t covered. It’s possible that the claim is covered elsewhere in the policy. For example….
Read More
I just read an article that referenced a ‘study’ that said that only 11% of ‘people’ find insurance agents and brokers to be trustworthy. I’m reminded of a couple of quotations: “Torture numbers and they’ll confess to anything” and “The Devil can quote scripture to suit his purpose.” That’s why I don’t put a lot of stock into articles and ‘studies’ that appear to be solutions (or conclusions) in search of problems.
Read More
What happens when a claim is denied based on an exclusion in an open perils policy that doesn’t exist in a named perils policy that includes a named peril that would appear to cover the loss? In other words, is it possible that an ‘inferior’ named perils policy provides more coverage than an open perils policy
Read More
What happens when a claim is denied based on an exclusion in an open perils policy that doesn’t exist in a named perils policy that includes a named peril that would appear to cover the loss? In other words, is it possible that an ‘inferior’ named perils policy provides more coverage than an open perils policy?
Read More
Although most commercial property policies provide examples of how coinsurance works, WHY policies have such a clause is a mystery to most insureds…and many agents. So, let’s examine the principle behind coinsurance in a way that can be easily explained to business owners or new hires….
Read More
With very few exceptions. the ISO Personal Auto Policy covers most business use of private passenger autos, pickups, vans, and trailers. However, there are non-ISO policies that do not. Caveat emptor. Auto insurance is NOT a commodity.
Read More
I have written extensively about why it’s a good idea to buy the loss damage waiver when renting a car. Here is another good example of why that is a wise decision…a $9,000+ diminished value claim.
Read More
Do you believe that most insurance industry advertising wrongly leads consumers to believe that insurance is a commodity differentiated only by price? If so, should something be done about it? If so, what? Learn what one NY insurance agent is doing about it….
Read More
BONUS! Purchasers of this book get a free PDF download of my book “QuoteNotes: The Ultimate Quotational Reference System and Authoring Tool for Professional Speakers and Writers” endorsed by Zig Ziglar and Brian Tracy. This is an indexed and cross-referenced compilation of my 1,500 favorite quotes and includes a section on how to use quotations in your speaking and writing.
To get BOTH books at a discounted price, click the book cover or CLICK HERE.