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  • North Dakota Town Approves Flood-Related Home Buyout Program

     The city council in Minot, N.D., has approved a plan that could result in the acquisition of more than 270 properties for future flood protection measures. The voluntary program calls for negotiations to begin with willing landowners, with a goal …

  • Oklahoma City Teen Featured in Distracted-Driving Campaign

     A new national campaign warning against distracted driving features the story of an Oklahoma City teenager who was killed in a car crash while talking on her cell phone. The U.S. Department of Transportation video featuring Brittanie Montgomery?s story is …

  • Auto Insurance Limits Would Rise Under Nebraska Bill

     The minimum amount of coverage for certain types of liability insurance would increase for Nebraska motorists, under a bill introduced in the state Legislature. State Sen. Paul Schumacher said the financial responsibility requirements for auto insurance need to be changed, …

  • New Jersey?s Top Insurance Regulator Considine to Step Down: Report

     Tom Considine, commissioner of New Jersey Department of Banking and Insurance, is planning to step down in February, according to a local report, citing sources familiar with the matter. The Star-Ledger reported on Sunday, Jan. 22, that Considine will return …

  • Boston Judge Orders 14 Drug Cos. to Settle Breast Cancer Case

     A federal judge in Boston has ordered 14 drug companies to negotiate settlements for 53 women who claim their breast cancer was caused by an anti-miscarriage drug their mothers took decades ago. Lawyers for the women said U.S. Magistrate Judge …

  • Teen Driver Bill Fails to Get New Jersey Governor?s Support

     New Jersey Gov. Chris Christie refused to sign into law a bill that aimed to make younger drivers safer. The bill would have changed the state’s graduated driver’s license program to require novice drivers to receive more supervised practice time. …

  • Ratings Roundup: New India, PMG (Sony)

     A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of  ‘A-’ (Excellent) and issuer credit rating of ?a-? of The New India Assurance Company Limited. Best said the “ratings reflect New India’s …

  • Turner Steps Down as Marketform CEO & Director

     Lloyd?s insurer Marketform has announced that Simon Turner has stepped down as a Director and as CEO of Marketform Managing Agency Ltd and Director of Marketform Limited as of January 13, 2012. Former COO John O’Neill has taken over as …

  • Carnival Will Review Safety, Emergency Response Systems

     Carnival Corp, whose luxury cruise liner Costa Concordia capsized off the coast of Italy last week, said on Thursday it will conduct an audit and review of safety and emergency response procedures at all of its cruise lines. Carnival Chief …

Insurance Journal » News Mon, 23 Jan 2012 06:57:44 +0000

Car Gap Insurance - Car Gap Insurance
...I must be honest and say that I had never heard of car gap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a car being stolen and never recovered or one that is deemed a total loss by the insurers. If you still owe money on the car to a finance company then the gap insurance will pay off the difference between what the insurer says the car is worth and what finance you have left on it. Some of the policies will even leave you with some money to use as a deposit on another car. It`s, probably something that many people would never even consider when they take a car out on finance. If the insurance company decides that the car is worth less than you thought it might be when it is deemed a total loss then you could have to stump up the money to pay off the bal...
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Courier Insurance - Courier Insurance
...uite costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing services. It is not uncommon for people to lose their mail before it reaches a desired destination. We make sure that your mail is covered sufficiently so that if you happen to lose it while it is on its way, you will be compensated. Many people may not see this as a necessary step until they experience a loss. So, why wait for it to happen to you? Get your insurance now and save yourself from huge losses. ...
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Hgv Courier Insurance - Hgv Courier Insurance
... a very different type of insurance that you would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore they will be able to advise you on all your insurance needs, to make sure you are completely covered, leaving no room for mistakes. The following is a list of the specifications that you may need to include in any haulage insurance cover and what can be potentially covered with the correct policy: Legal liability for injury or death to any other individual, including any such passengers. Legal liability for damage to outside property. Legal costs can be fully covered with the Insurers consent, in connection with an insurance claim against your policy. Your own damage (subject to any excess). Vehicle replacement, in the event of an accid...
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Gap Insurance - Gap Insurance
...is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the deprecation on a car in the event of it being stolen and never recovered. How does it work you might wonder and do you need to take it out if you have outstanding finance on the vehicle? Say you have ten thousand pounds worth of car finance on your car but when it gets stolen the insurance company says it`s only worth eight grand. It means you`ll have to find the extra two thousand pounds to pay off the finance company. If you take out gap insurance on the car, this amount will be covered, so you don`t have to find any additional money to pay off the debt. Most people buy cars and decide to keep them for a set amount of time so they know how much fina...
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