What are Resident Relative Claims? The claims asserted by a Spouse or other relatives who share a residence with an insured person. A Resident Relative receives special status in an insurance policies' language. In some cases, a Resident Relative is automatically insured. Claim Example A family called me. Their son, “Jessie” - a young man (16 years old) was badly injured during a … [Read more...]
What Is U/UIM Insurance
Uninsured and underinsured motorist coverage protects you if you are in an accident with someone who does not have enough insurance to cover damages. Further, the coverage you purchase allows peace of mind if you are in any accidents. Nationally, around 13% of drivers do not have insurance. That equates to about one in eight drivers, a relatively high risk. If you get into a crash … [Read more...]
Review Your U/UIM Auto Insurance
Is it time to review Your Uninsured and Underinsured (U/UIM) Auto Insurance? Most of us buy first automobile insurance when we are “young and poor.” Our interaction with an insurance sales agent goes something like this: “I have no money. Sell me the cheapest coverage you have to let me legally drive in Alaska.” As a result, insurance sales agents normally sell us “statutory minimum” … [Read more...]
