When you buy insurance, your agent gives you a copy of your policy. And then the insurance company starts adding endorsements. Some endorsements help you, some take away coverage and some are completely meaningless. However, which are which? There is…
Posts Categorized In: Auto Insurance
Don’t Talk to The Insurance Company
Has anyone ever wondered why the insurance company is always so fast to call you after an accident? The main reason: it gives them a chance to talk to you before you have figured out what you want to do….
Med Pay Choices
You have choices when it comes to med pay. Of course, if you don’t ask about them, no one will tell you about them. Some of the basic choices are whether the med pay coverage is primary or excess. Primary…
FAQ: Insurance Company Blames Me – Part 2
I previously posted about what to do if you have a claim and your insurance company finds you at fault. And someone pointed out a fault in my post. So, with that, I modify my post. In the previous post,…
FAQ: My Insurance Company Blames Me. What do I do?
My insurance comany found me at fault for the accident. I don’t think I was at fault. What do I do? First, you need to appeal the decision to the insurance company. You may want to hire an attorney or…
FAQ: Do I need an attorney?
I was hurt and went to the doctor only a few times. Do I need an attorney? If you only have a few doctor visits, you may want to consider small claims court. This will let you resolve your case…
FAQ: Arbitration is What?
My insurance company arbitrated my case and won. What does this mean? Not much. Arbitration, in this context, refers to “inter-company arbitration” done by the insurance companies. This ruling is not binding on anyone and the insurance company can still…
FAQ: Betterment: What is it?
In my continuing FAQ series, I thought I would answer a question asked to me today: what is betterment? Betterment is an interesting concept. Insurance, as you know, is designed to put you back into the position that you were…
Insuring a Classic Car
I have written before about insuring a classic car. It is different than insuring any other type of car because your car will INCREASE in value, instead of depreciate. The NY Times has a story about Hagerty Insurance. They may…
FAQ: Is a cosignor on a loan responsible?
I cosigned on a loan for my daughter to buy a car. Am I responsible if she gets in an accident? If you only co-signed on the loan, you are only responsbile to the bank. The bank will come to…