Eastern District Court Rulings show that California Courts Strictly Interpret Insurance Policies
Posted on February 16th, 2012
Reading an insurance policy can be extremely cumbersome to almost anyone. Many times it feels like the language is muddled and the policy is written in a foreign language. It may be even more disconcerting to an insured to find out that the courts do their best to strictly interpret insurance policies when a breach of contract claim arises between an insured and the insurance company. After all, what did the policy say in the first place? In California, we are fortunate because the law is clear. The law says that when the language of a contract (in this case the policy) is ambiguous, the ambiguous language must be construed against the insurer in favor of applying coverage to the claim.
Misfuelling Not a Part of Most Insurance Policies
Posted on October 1st, 2010
A research firm in UK has recently found out that of 288 of the car insurance policies, more than 23% of the policies do not have cover for misfuelling, which means people need to compare insurance quotes. Furthermore, it is seen that 14% of the insurance schemes do not offer any cover for the car drivers who ran out of motor fuel. The research firm sees this as a major point within the insurance industry claiming that this will prevent UK drivers from attempting to misfuel. Most of the UK drivers have taken to misfuelling which includes using the wrong fuel for a vehicle in order to save on a few pounds.
Short-term Insurance Policies: Pros and Cons
Posted on April 29th, 2010
More and more people in short-term policy to provide insurance to protect the things we value most, because most of the flexibility of this policy. Short-term insurance plan based on a fee for service type, that is to say, will be charged on a monthly basis. So long to pay the bill, the insurer, and failure to pay you cancel the cover.
Short-term insurance comes in many forms. Many companies offerHealth insurance and health care on a short term. Car and boat cover is provided by short-term policy. term life insurance-Short is common as well.
Short-term insurance is especially useful in times of transition, when other insurance options may not be available.