Tag: umbrella insurance

Judge Rules on Allstate’s Million-Dollar Typo

Marc
insurance news

A case that pitted a Bend, Oregon couple against Allstate Insurance over a mistakenly high settlement offer culminates with the insurer’s error deemed non-binding by federal court. Court Rejects Allstate’s $1M Error The legal saga unfolded when Debra and Kevin Kilroy thought fortune had smiled on them, misled by a typo-infested settlement letter from Allstate which followed Debra’s traumatic encounter with an off-leash dog in 2020. A Painful Mishap with Life-Altering Consequences Debra, while walking on a local trail, suffered multiple fractures after being injured by the Great Pyrenees. The…

Read More

Exploring Trailer Insurance Options: Protecting Your Hauling Investment

Guest Author
trailer insurance and the coverages

When it comes to trailers, whether you use them for work or play, having the right insurance coverage is essential. Trailer insurance provides protection for your investment against a range of potential risks, from accidents on the road to theft and vandalism. In this article, we will explore various insurance options available for trailers to help you make an informed decision about safeguarding your valuable hauling equipment. Trailer Liability Insurance Trailer liability insurance is a fundamental type of coverage that provides financial protection in case your trailer causes injury to…

Read More

5 Types of Insurance and Why You May Need Them

Guest Author

Life has a way of throwing the unexpected at you at the worst possible time. This is where insurance comes in. When you’re paying your premiums, you may wonder sometimes whether it’s worthwhile, but when those emergencies happen, it all becomes worthwhile. The rest of the time, simply having the right policy can be important for your peace of mind. Below are a few of the types you may want to consider. Treatment Abroad Everyone knows that you need health insurance, but this can still mean high medical costs. For…

Read More

Wells Fargo insurance license may be suspended or revoked in California

G. Turner
Wells Fargo insurance scandal

The state Department of Insurance is seeking the action following alleged improper sales practices. The California Department of Insurance has revealed that it is planning to either suspend or revoke the Wells Fargo insurance license in the state. It is pursuing this intention as a result of the company’s online insurance referral program and its allegedly improper sales practices. The department conducted an investigation that revealed around 1,500 improper insurance sales. In those cases, the online Wells Fargo insurance company was allegedly found to have sold about 1,500 policies and…

Read More

Tips to consider when buying insurance

Marc

Regardless of what kind of insurance you require, there are a few things that you should keep in mind before you commit to a certain policy, so that you’ll know that you’ve chosen the right one for you, and at the best price available. Planning is the best thing that you can do to make sure that you have the right amount of coverage, and that you’re paying the lowest rates for that protection. Remember that just because it’s the lowest price, it doesn’t mean that it’s the best policy.…

Read More