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,…
Posts Categorized In: Insurance and Claims FAQ
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…
FAQ: Can I fire my lawyer?
I retained an attorney. I want to settle my case even though I am still in pain. My attorney tells me to wait. Now I want to find a new attorney. Can I? A few things to talk about. First,…
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…
DOI Arrests Broker for Theft
Here is the text of a press release I received today from the Department of Insurance: Insurance Commissioner John Garamendi Announces the Arrest of Former L.A. Insurance Broker for Allegedly Pocketing $381,966 in Liability Insurance Premiums from Clients Former broker…
FAQ: Damaged After Market Parts Coverage
My aftermarket stereo/rims/dvd player/video game machine was damaged in an accident. Does my insurance company have to pay for the damage to this equipment? There are two issues here. First, did the insurance company know about the aftermarket parts? Did…
FAQ: Insurance for your kid
The SF Chronicle has a great story about getting insurance for your child. Remember my prior post where I suggested you get your 18 year old his/her own car and titled in his/her own name with his/her own policy. Well,…