Friday, April 24, 2015
Thursday, April 23, 2015
Monday, April 20, 2015
Wacky Wednesday Insurance Stories
While vacationing in Malasia a couple had their clothes stolen and scattered around the jungle by a thieving band of monkeys. The insurance company agreed to cover their losses.
Wacky Wednesday Insurance Stories
For 7 years between 1993 and 2000 Isabel Parker pretended to slip and fall in various locations. After doing it nearly 49 times she filed insurance claims worth nearly a millions dollars. Unfortunately for her the insurance company didn’t fall for it.
Wacky Wednesday Insurance Stories
A couple vacationing in southern France filed an insurance claim for the paint on their car after it got licked off by a herd of cows.
Terminology Tuesday
Deductible -
Amount of loss that the insured pays before the insurance kicks in.
Terminology Tuesday
Coverage -
The scope of protection provided under an insurance policy. In property insurance, coverage lists perils insured against, properties covered, locations covered, individuals insured, and the limits of indemnification. In life insurance, living and death benefits are listed
Terminology Tuesday
Comprehensive Coverage -
When people hear the word "comprehensive," they might think "all-encompassing"— but in car insurance terms, the word has a different meaning. Simply put, comprehensive coverage protects you against damages to your car that are the result of covered perils not related to a collision.
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