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What is a loss control survey by liability insurance company?
An insurance company sends an inspector to evaluate a risk. Depending on the coverage, the inspector will report on what the insured does and/or on-site conditions. The inspector does not determine if coverage will be bound. They only report what they see within context of the coverage.
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Determining whether a company is good or not is subjective. One example of a good company, however, is NAPLIA, the North American Professional Liability Insurance Agency. They… are a Better Business Bureau accredited agency with an A+ rating.
"A lot of insurance quality strongly depends on what exactly is covered and the value needed to properly insure against liabilities involved. However, some top names in the co…mmercial liability insurance business are Nationwide and Bolt. Talking to an insurance agent with specifics would then provide more information."
Business Liability insurance is not very costly, but new clothing companies should be aware of a few factors that impact cost. In general, liability insurance with limit…s of $1,000,000 per occurrence, sufficient to meet the requirements of many buyers (stores, mega stores, wholesalers, boutiques, etc.) should cost $750 to $1,000 per million of gross sales. If you are a start up, with zero gross sales, expect to pay at least $600 to $850 for a start up policy no matter how much you gross. If you are a start up, interested in making and selling infantwear, childrenswear, or sleepwear of any kind, you need to be aware of the U.S. Consumer Products Safety Commissions requirements for apparel, and flammability testing requirements. And be aware that insurance carriers are very wary of this class of apparel in general and expect to pay $5000 minimum annual premium. I am an insurance agent in the Los Angeles area specializing in apparelinsurance and you can find me through google.
Rental Car None. No insurance company will write you a policy for the specific purpose of renting a car. You have to buy the insurance through the rental car company. That's w…hy they offer it. Answer Yes, but remember this is liability. Some policies cover you no matter the vehicle and some only provide liability. This means you cover OTHER vehicles in case of accident, not the rental. Do yourself a favor and purchase damage waiver insurance, in case you crash the car or a tree falls on it and you don't wind up paying for a car you don't own.
Progressive, Gieco, Nationwide and State Farm offers public liability insurance. A public liability insurance broker may also help you in finding public liabitilty insurance. …Prices may vary depending upon the agent and event.
Allocated Loss Adjustment Expense
Answer Absolutely. Answer Yes, National General Insurance Company, Inc is offer low cost Contractors General Liability coverage in Nevada. …Contact Phone for them is 480-545-1999 or email email@example.com
If you settle a total loss with an insurance company & choose not to keep the car, you have to send them your signed title and release possession of your vehicle to them in o…rder to be paid for the claim. You do have the option of retaining it for less settlement money (due to salvage value and, in certain states, license & fees, taxes, etc...If you choose to retain, you will still not be paid for the repair of your vehicle, it is still totalled. Depending on the state, you also must get a salvage title on the vehicle until you have had it repaired & inspected by the state to be deemed roadworthy before applying for a rebuilt title.
Contact an agent in your area, if they do not sell this type of coverage they will be able to direct you to an agent that does.
Will liability insurance pay for company property in a private vehicle if the vehicle is destroyed by fire?
Answer usually no, but your homeowners MAY, and your employers might as well....most auto policys specifically exclude any and all personal property, and homeown…ers (under personal property coverage) will exclude some property 'while in or upon a land motor vehicle'.....then there is another twist because it is 'company property' .... i'd file the claim with all, but would bet that none on auto, might have some minor coverage, (with a limit) on your home owners or renters policy, but may need a denial under your employers coverage first before they can pay...... and should find coverage with your employer........
Can a wife sue the liability insurance company for loss of consortium when her husband was killed in a recent plane crash?
As long as it was not her husbands plane. Loss of consortium is not in addition to the loss of the husband, and she will not get additional money for this. She will get on…e settlement amount for her loss, no matter what, and when she signs a release it will cover everything. She can't come back after settling and sue for anything else, like loss of a grass cutter, or anything else.
Depends on the state but is always much less than insurance companies start at anyway. Smallest available policy is 1million coverage-still much more than required most states… for co licensing.
What is the insurance company responsibility to help you when you have an accident and its not your fault and you only have liability?
A liability insurer has two primary duties to an insured who has been sued: (1) a duty to defend; and (2) a duty to indemnify. The duty to defend means that the insurer is o…bliged, at its own expense, to hire counsel to defend the insured provided that the allegations of the lawsuit come within the ambit of the coverage of the policy. That is, for example, the liability coverage of a homeowner's policy will not be triggered to defend you if you are sued for an automobile collision. If you have not yet been sued, but a claim has been asserted (such as by a demand letter from the aggrieved party), the liability insurer is obliged to investigate the facts of the claim. Most personal liability policies give the insurer the right to settle claims without the consent of the insured, so it may also make a payment to the claimant. The correlative obligation of the insured is to timely notify the insured of all claims made against him/her/it, forward suit papers, and cooperate with both the insurer and the attorney hired to defend the suit. The cooperation includes meeting with the attorney as needed, responding to requests, attending depositions, attending trial, and other activities. The second main obligation of a liability insurer is to indemnify the insured, meaning, to protect him/her/it from financial loss. This involves paying damages for which the insured may be found legally liable (within policy limits). Again, the insurer usually has the right to settle claims when it deems it in its and the insured's best interests to do so. Indeed, the insurer has a specific duty to settle claims within policy limits when it is possible to do so (that is, when the claimant will accept that amount of money in return for a release of the insured of further liability).
Many insurance companies will provide liability insurance at various rates depending upon the situation. Examples worth looking at would be Cornell and Admiral who provide goo…d low rates for it.
Nationwide does offer general liability insurance as well as business liability insurance. Geico and many other insurance companies also offer liability insurance, it just mig…ht take a bit of sifting through to make sure they have what is needed.