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…
Posts Categorized In: Claims
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…
Insurance Companies Pulling Out Now
After the hurricane season of 2005, many insurance companies are pulling out of the homeowners insurance market. They claim that they cannot handle the amount of losses and that the government should take a bigger role in providing catastrophe insurance…
Insuring a Classic Car
I have written before about insuring a classic car. It is different than insuring any other type of car because your car will INCREASE in value, instead of depreciate. The NY Times has a story about Hagerty Insurance. They may…
A new trick by insurance defense attorneys
The insurance companise have actually surprised me with a new trick. This one I admit I have not seen before, nor have I ever really contemplated it. The defense attorneys in a civil case want the plaintiff’s attorney to shut…
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…
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…
AB 1852 Pulled By Assemblyman Yee
AB 1852, a bill by Assemblyman Yee, has been pulled. The bill would have allowed insurers to use non-OEM parts when fixing your car if the parts were approved by CAPA. As I wrote previously, this was a bad bill…
Insurers Owe On Total Losses
A class-action case was recently settled. The premise of the case was that insurance companies used CCC, a total loss evaluation program, and that CCC undervalued cars. This is not news to those of us who have been doing this…