Recently in Insurance Limits Category

February 25, 2010

Umbrella Coverage for Preventing Your Ruin

| Share
Umbrella insurance provides an extra level of protection for your home or business. Umbrella insurance provides protection against claims or lawsuits that exceed the coverage on your home, car and business liability insurance policy. Umbrella coverage is usually sold in $1,000,000.00 increments and is very cost effective. If you need additional coverage this is an inexpensive way to cover your risk and protect yourself or your business. The New York Times has written an excellent article on this topic that is well worth reading.

Umbrella Coverage for Preventing Your Ruin - NYTimes.com.

Posted by Chris Faiella | | Email This Post

Posted In: Consumer Protection , Insurance , Insurance Limits , Personal Injury

January 12, 2010

Bad Faith Barred by ERISA in 11th Circuit

| Share
A long-term disability (LTD) policyholder's breach of contract and bad faith claims against his insurer were preempted by the Employment Retirement Income Security Act of 1974 (ERISA) and the statute of limitations, a panel of the 11th Circuit U.S. Court of Appeals ruled Dec. 30, upholding a trial court's grant of summary judgment to the insurer (Stuart S. Johnson v. Unum Provident, et al., No. 09-13687, 11th Cir.; 2009 U.S. App. LEXIS 28697).

Posted by Chris Faiella | | Email This Post

Posted In: Bad Faith , Insurance Limits

July 30, 2009

Limits that Match

| Share
Do you have auto insurance liability limits that are different than your uninsured and uninsured coverage?  If so, then you’re willing to have your insurance company pay more to people you injure than if someone injures you.  From a self protection and risk prospective that does not make much sense.  So if you have liability limits of $100,000.00 per person you should have the same limits for your uninsured and underinsured coverage.  Considering how inexpensive this coverage is, and how valuable it can be should a negligent uninsured or underinsured driver injures you, it’s a smart buy.

Posted by Chris Faiella | | Email This Post

Posted In: Insurance Limits

« Insurance Lawyer | Main Index | Archives | Insurance News »