INSURANCE DAY

Lawyers’ Professional Liability Insurance for the Distressed Risk Professional liability insurance is a necessity for lawyers.  Unfortunately, not all lawyers are able to secure the coverage they need in the standard marketplace because they are considered to be a “distressed” risk.  The question is, what exactly does “distressed” mean? A “distressed” risk is one that has difficulty securing professional liability insurance because of claim frequency, claim severity or disciplinary complaints or actions.  While “distressed” is often used interchangeably with “hard to place”, the two terms are different in that “hard to place” generally means the lawyer or law firm practices in a more risk prone practice category such as Personal Injury Plaintiff or Patent but is usually claim and disciplinary action free.  If the term “distressed” describes the loss or disciplinary history of a law firm, the firm faces many more challenges in finding professional liability...

How To Cut Car Insurance Costs By More Than 10% Fact: To drive legally in the UK, you are required to have car insurance to protect yourself and other drivers. It's one of the unavoidable expenses of owning and driving a vehicle on the road. Whilst car insurance is a fact of life, high premiums are not. There are many ways to control the cost of your motor insurance premiums and even reverse recent increases in some cases. Here are just a few tips that can save you well over 10% on your car insurance this year. 1. Search online for the best quotes. Often, car dealers work with a specific insurer "for your convenience". Before snatching the first motor insurance policy you find, do some research and shop around. Use a price comparison site to compare multiple policies side by side. Car insurance quotes can vary by hundreds of pounds for the exact same cover. 2. Buy online at the insurer's site. Many, if not most, insurance companies offer hefty discount...

When Car Insurance Is Your Friend Sadly, even today, people tend to be rather callous when the question of car insurance comes up. Many give the excuse that since they are good drivers they will not need insurance at all. However, road traffic is not what it used to be and you can never predict what is going to happen on the road even if you follow all the driving rules. THE IMPORTANCE OF CAR INSURANCE Why do you need a car insurance policy? It offers you coverage in the event of losses arising from traffic accidents. As an example, just look at the following. Let us say that your car was hit by a falling tree and got totally smashed. If you had taken out a car insurance policy, the loss would be written off by your insurance company. If this were to happen, you would be better advised to go in for a new car instead of trying to repair the old one. COVERAGE OFFERED BY CAR INSURANCE - Property Damage Liability Coverage: This policy type pays for accidental damage to someon...

How To Get Cheap Car Insurance Online In West Virginia If you simply go online and find one of those price comparison websites for car insurance in West Virginia and you play around with it for a while you will probably save some money each month on your car insurance. However, you might be able to save even more money by first learning some of the steps you can take to reduce the cost of your car insurance even before you get online. For example, did you know that parking your car in a garage at night can save you money? Did you know that paying your premiums automatically each month out of your checking account also saves you money? Did you know that some insurance companies will give you a break on the cost of your insurance if you buy and use a simple steering wheel locking device? Did you know that your car insurance agent may know of other simple and inexpensive anti-theft devices that you can install on your car that will save you money every single month? Did...

How To Get Affordable Car Insurance In Louisiana Louisiana does not tolerate drivers who drive without car insurance. Did you know that if you are stopped for any reason and you cannot show proof of current insurance the officer who stopped you has the power to physically remove your car's license plates right then and there and impound your car? And did you know that if you can't show proof of insurance within 3 days your license plates can be destroyed? Don't risk that happening. Instead learn how to get affordable car insurance in Louisiana and rest easy every night. Luckily there are several simple things you can do that will help to lower the cost of your car insurance. Pay your premium automatically each month out of your checking account. Park your car in a garage at night. Cut down on your driving. Use public transportation for the majority of your "driving" and leave your car parked at home. If you can lower your monthly driving to below ...

Car Insurance Rates: Factors Determining The Car Insurance Rates Everyone must have Car insurance as the law states, and it’s necessary in case you ever have an . Car insurance can prevent the need to pay loads of money to get your car fixed should you ever have an . Nobody wants to get into an , but it’s best to be prepared in case the unthinkable happens. However, just because you need car insurance doesn’t mean that you must pay a lot of money for it. That’s why you should research as much as possible to ensure you get the best deal. It may take a long time, as there are many car insurance companies to choose from, but there is always that one company that wants to offer you low rates car insurance, you just have to find it. Car Insurance Rates Depends on Various Factors: Car Insurance Rates can appear to be very puzzling but once you recognize what different rates there are it should not be too hard. In addition to the primary rates, there are other types you can add o...

Car Insurance Myths Learning about insurance coverage can be confusing, even with the most comprehensive information and the most detailed accounts of policies. Regardless of how much information is out there, the bigger concern is how much misinformation exists regarding car insurance. As the result of this misinformation, there is a detailed mythology involving car insurance that may cause some potential consumers reservation when it comes to applying for appropriate coverage. Colour Matters One myth, believe it or not, is that the colour of the vehicle makes a different when applying for insurance coverage. A lot of people believe that coverage for the make, model, and especially the colour of the vehicle can make a difference in the overall quality and amount of coverage given. This is a myth, as it doesn’t matter what colour your car is. The coverage will be the same. Parking Ticket Problems Some people believe that getting a parking ticket can influence insurance ...