Connecticut law requires you to purchase some basic insurance—liability cover age for accidents where you are at fault, and uninsured/underinsured coverage for when the other driver is at fault but cannot pay your repair or medical bills. However, there are many other kinds of Windham Connecticut auto insurance, and sometimes it’s better to get a more comprehensive package than the bare minimum required by law.
Of course, there are the basic forms of insurance, which help cover bodily injury or property damage. However, comprehensive coverage can lend an extra layer of protection by offering Windham Connecticut auto insurance plans that cover damage from other sources. Fire, vandalism, and theft are all ways that a car can be damaged or even totally ruined without being in an accident. If the only coverage you have is for crashes, you’re out of luck.
Protection from Smaller Problems
More minor problems with the car can still put a dent in your budget without destroying the vehicle, so it’s a good idea to have insurance to protect against events like these. Full glass coverage can help protect broken windshields or windows, while towing insurance can help pay for the costs of having your car towed.
If necessary, you can even talk with the company to get other types of insurance specific to your needs. Having Windham Connecticut auto insurance for accidents is a good idea and might be required by law, but your best move is to find a policy that covers more than the absolute minimum.
Anyone working in architectural design and/or construction knows how important having an architect professional liability insurance policy can be. Neglecting such coverage leaves you exposed to any number of unique liability claims. Yet almost as important has having the coverage itself is choosing the right insurance provider. All of the coverage in the world won’t do you any good if you’re working with agent that can’t protect you.
What to Look For
When it comes to choosing the right kind of insurance provider, you want to focus your research on these key areas:
- Reputation: Don’t rely simply on what an insurance agent tells you about the service his or her company offers. Look into the ratings it’s been given by the various independent insurance rating organizations. Don’t settle for a company with anything less than an A- rating from consumer advocacy groups such as A.M. Best.
- Services: Ask whether or not a company specializes in professional liability coverage, or if such coverage is simply a side offering to a larger insurance package. Architect professional liability insurance claims can often present unique challenges to a provider, and without experience in handling such cases, an agent may not be prepared to respond to a claimant.
- Size: A good of thumb to go by when choosing an insurer is that the larger the company is, the more resources they have to put into your protection.
Choosing the right provider for your architect professional liability insurance is the first and most important step to be made in process of ensuring your protection from liability claims. Doing your due diligence in researching your various provider options now often means that you won’t have to deal with the stress of liability complaints in the future.
Garages and auto repair shops face a number of challenges, and without the right insurance they can be ruined by an accident, theft, or lawsuit. Fortunately, there are a number of different types of garage business insurance in Virginia that can help to protect them.
First of all, property damage insurance protects against any physical damage to the shop or equipment. Whether the problem was a fire, theft, or powerful storm, property damage coverage can help the garage get back to business. In addition, insurance for equipment breakdown can both help with repairs and protect against lost wages, while other kinds of insurance can protect the property of customers (such as their vehicles).
Next, general liability is necessary to protect a business against lawsuits. If injuries or property damage occur at the shop, general liability coverage can pay for lawyers and settlements. Even if the claim is groundless, coverage is still necessary for legal fees.
Auto shop insurance can guard against the dishonesty or others. False pretense coverage can help guard against losses that arise out of becoming the victim of a fraudulent scheme, deception, or other trick. Also, insurance can protect against dishonest or stealing employees.
These types of coverage and many others (such as workers compensation or utility services coverage) can either be purchased separately or bundled together in one cohesive policy. Garage business insurance in Virginia is a great way to protect an auto repair business.
The Insurance Services Office, or ISO, offers a number of guidelines for commercial auto insurers to follow when determining rates. These auto rating procedures are followed in order to determine the premiums that will be charged through the insurance package, and there are a number of factors that will cause the rates to vary. The variety of these factors and their inherent complexities can make commercial auto rating a somewhat daunting task, though the introduction of versatile and customizable systems has lessened the difficulty in a significant way. The factors that influence the premium include:
- Territory – coverage areas are divided into territories and the risk is assessed based on each territory’s features (rural or urban, etc.)
- Vehicle class – the size and type of the insured vehicle will influence the premiums
- Fleet or non-fleet – fleets (usually five or more self-propelled vehicles) are usually subject to lower rates
- Use class – classes are divided into retail, service, and commercial
- Radius class – divided into local (within a 50 mile radius), intermediate (51-200 miles), and long distance (over 200 miles)
- Physical damage – the age and the cost of the vehicle when new will influence the premium
Complexity of Factors Makes a Versatile Commercial Auto Rating System Necessary
With so many factors playing a role in assessing the risks associated with commercial auto premiums, a customizable and versatile commercial auto rating system is a necessity. These systems can make the process of determining a premium for insurance coverage much easier, resulting in a process that is streamlined and cost-efficient.
As an attorney, you have a lot of different responsibilities to your clients. When you are trying to do your best to help someone, it doesn’t always seem like that person might turn around and sue you. However, if undesirable outcomes occur, sometimes clients can turn on their attorneys. This is one reason you might consider coverage for failure to advise with your attorney liability insurance.
Understand Your Contract with the Client
Failure to advise may occur if something regarding your client’s case or operations changes and you do not advise them of it. It can also occur for something like not advising your client of the consequences of certain decisions they make. If your client is adversely affected and was not given the proper advisement beforehand, you might be held responsible.
Get Adequate Insurance Coverage
The good news is, if you have the proper insurance coverage, you shouldn’t have to worry as much about how you are going to cover the cost of a legal battle or possible damages. Professional liability insurance is designed for just such a scenario, especially if you opt for coverage for failure to advise.
Be sure to get the proper attorney liability insurance coverage that you might need, including policies that cover situations where a client might sue over failure to advise. Since you’re so busy trying to help your clients, you should spend less time worrying about how you will afford a lawsuit if one should pop up.
Even individuals of modest wealth have realized that they are treated differently in society. Those that have suddenly come into money may find a distressing change in their tax bracket. Their financial manager has them pay more attention to tax shelters and money management. The affluent may receive many more investment offers and suggestions for “putting their money to work”. They even find that they have a lot more friends and get more attention from family members. Unfortunately, they can get an increase of negative attention from the legal community as well. For this reason, it is important that they consider Connecticut high net worth insurance.
Lawsuits Are Generally Trials by Jury
An important consideration for the wealthy is that lawsuits are generally decided by a jury rather than a judge. Many types of lawsuits can include open-ended awards such as compensation for pain and suffering. This puts a lot of power into the hands of the jury. Because jury members are laypersons, they are not trained in the law, and are less likely to be influenced by precedence or other legal considerations. A great deal of their decision is based on how much they like the defendant. Because many jury members are low to middle income earners, they may not favor a defendant wealthier than they themselves are. Connecticut high net worth insurance can help protect against this societal bias.
Because they are often the targets of frivolous lawsuits, it’s a well known fact that dentists should keep accurate and complete records on every patient they administer to, as well as documentation of each patient’s consent to treatment as well as their understanding of any proposed treatments.
Once a malpractice suit is filed, many dentists will have a hard time presenting a legal defense if these steps have not been followed. However, having dentist professional liability insurance, and some sound risk management planning in place, will aid dentists in preventing these types of scenarios from arising.
Patients are happier being in on decisions regarding their health
Dentists should include patients in the planning process. This usually will result in patients who will be less likely to instigate a malpractice action even when things go slightly awry. By informing their patients of the available treatments and the benefits associated with those options involves them in the treatment planning process, something that most patients truly appreciate.
“Standard of care” and “informed consent”
The standard of care is based on the level at which an average, prudent dentist with the same amount of training and experience would serve to practice in similar circumstances. Dentists shouldn’t rely on previous medical history or records from a previous dentist due to the possibility that the information may be erroneous. A dentist will likely find that they are liable if he or she relies on any incorrect information and the patient is subsequently harmed, as the dentist should have made the proper decision to save the patient from harm.
Most dentists should also be familiar with informed consent, which is a required element of patient care, which is not very complex. Dentists may not wish to overload patients with a lot of information. After all, if the patients are interested in understanding more they will generally ask questions. Patients may simply tell their dentist that they trust his or her judgment to perform the procedure, in their best interest, and haven’t a need to discuss the treatment.
However, patients can still fall back on the lack of informed consent and start legal action against their dentist. Patients must be informed as to the proposed treatment, any benefits or risks of the proposed treatment, alternative treatments available, along with the patient’s prognosis and the cost of the proposed treatment. Otherwise there could be a real need for dentist professional liability coverage if something goes terribly wrong.