When one considers just how much a campervan costs, it only seems logical to make sure it's adequately insured. Unfortunately, most companies view campervans in a very different light to ordinary cars and vans and as a result, finding the ideal sort of cover can sometimes prove to be quite a challenge.One of the main differences between a campervan and a car, in terms of insurance, is that campervans are usually loaded with expensive commodities...more
There is an old saying that goes "You can't get blood from a stone". I believe this saying applies to a recent Montgomery County, PA court case. In the legal malpractice case, plaintiff Sharon Williams alleged that her former attorney was negligent because he failed to obtain expert reports in support of personal injury claims related to six auto accidents.1Williams was being represented by Eisenberg Rothweiler Schleifer Weinstein & Winkler in...more
Immediately upon entering into a contract with its policyholder, an insurance company automatically has the responsibility to act fairly and in good faith toward its policyholders. When an insurance company doesnt act in accordance with these moral standards, thats when a bad faith insurance claim comes into the picture. Basically, what this means in simple terms is that if an insurance company enters into a contract with a policyholder, but has no intentions of living up to that contract or is being sneaky about representing the contract being sold to the policyholder, this is in bad faith and will likely result in a bad faith insurance claim once the policyholder becomes aware of the injustice.But what exactly is insurance bad faith? What is the norm for what an insurance company is responsible for? The moral duties of an insurance company first depend on whether the relationship of the person making the bad faith claim is first party (the persons own insurance company) or third party (the insurance company of someone else.) Insurance companies are expected to act in a way that is honest, fair, and in good intentions at all times.Unjust insurance claim denial and failure to...more
Insurance agents earn a good income. Some agents work for a salary. Some work for salary plus commission. Agents who work for commission only could earn a better salary than those who work for a salary. People who work for commission only have to work hard however to make sure they will be able to pay their bills. The agent has to know how to sell...more
Most people own several different types of insurance but seldom think of saving money by combining them. Lots of agents will actually recommend doing that to save you money, and to ensure they have your business in several areas of insurance.Homeowners need to have insurance for both house and contents. It is always best if insurance policies for...more
If you are an individual or company that provides various services to a client in return for a fee, you have a need for e&o insurance. While most business owners understand the important of property insurance, tenants insurance, general liability insurance and workers compensation, many overlook the need for e&o insurance coverage. Because the plan is also referred to as Professional Liability Insurance, a common misconception is it is included amongst the many coverage's found in commercial liability packages. The fact is e & o insurance is a product that must be purchased separately as the coverage provided within it is excluded on all other commercial products. The first quest many professionals in all service industries ask is what exactly is an e&o insurance policy and what does it cover? Errors and Omissions coverage, unlike General Liability policies, covers your company or you as an individual in the event you are found negligent in an act of providing a service or failing to do so. While general liability coverage is designed to reimburse for bodily injury to a third party associated with the businesses negligence, there is no physical injury associated with errors...more
If you're in college, or you have a son or daughter who is in college, you know how hard it can be to make sure you're protected from the costs of a car accident. That's why it's important to have good car insurance coverage. But how do you find good...more
If you need engineers insurance, you really need to know that you are dealing with professionals. After all, engineers professional liability insurance can be difficult to understand, and in order to find the best deal possible you must...more
Getting the best available motorcycle insurance is of the upmost importance if you ride a bike. There is no reason at all to take risks in these issues as the more things you can cover, the easier it will be for you to ride freely.Insurance is...more
Yes, your bike tells the world you were born to be wild; but as you get your motor runnin' and head out on the highway, your bike insurance ought to reassure the world you also were born to be prudent and wise. Working with a full-service bike...more
Work out a budget You may be tempted to take out as much cover as you can, but if you dont really need it, you may find you will be paying for something unnecessarily.Decide what age you wish to retire Most Income Protection policies will cover you...more
By Lance Wallach, CLU, ChFC and Ira Kaplan, Esq., CPA, MBAOver the past decade, business owners have been overwhelmed by a plethora of arrangements designed to reduce the cost of providing employee benefits and taxes, while...more