The Personal Auto Policy encompasses the coverage for liability. Liability is a third party benefit. The function of liability is to pay on behalf of the insured for financial damages for which the insured becomes legally liable to others. The liability coverage associated with the auto policy includes two...
The Personal Auto Insurance Policy: Part 1- Personal Injury Protection
In this blog I discuss the concept of Personal Injury Protection associated with a Florida Personal Auto Policy. I prefer to discuss Personal Injury Protection before any other coverage on a Personal Auto Policy because once you understand Personal Injury Protection, the concepts of Bodily Injury (BI) and Uninsured...
Insurance Agents: Honest Consultants or Slick Sales People?
I believe the nature of the insurance industry is a noble one. The concept of insurance is to protect ones assets. It is the transfer of risk from the individual to the insurance company. Over the years I have had many worried clients thankful for their insurance policy after...
The Personal Auto Insurance Policy: Introduction
When I am speaking with clients about their auto insurance policy, most people tell me they have “full coverage”. What is “full coverage”? As an insurance agent I have to assume this means the client’s auto policy provides all of the available coverage options offered with the maximum obtainable...
Home Insurance 101-The Policy Basics
There are many variables involved in the purchase of a new home. Negotiating the price, qualifying for a loan, figuring out much money you have to bring to the closing, what the closing costs include and purchasing the home insurance policy. Many people share the perception that home insurance is...
Home Insurance, It Should Not Always Be About The Price
Many of my clients want to know if we should look for another home insurance company in order to save them money. In order to best answer the question I believe it is important to look at some of the variables related to a home insurance policy before switching...
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