General

Why Do I Have “Property Damage Liability” on My Car Insurance?

What if there were an award for the insurance coverage with the most confusing name?  My vote would go to “property damage liability” coverage on car insurance. Many might assume that “property damage liability” insurance would cover damage to one’s own vehicle. After all, your own car is property, and...

“Bodily Injury Liability” on my Car Insurance…

I dare you to work the phrase “bodily injury” into normal conversation. Fortunately, the concept is quite straightforward, even if it does have an uncomfortable ring to it. “Bodily Injury” appears on a car insurance policy in the phrase, “Liability for Bodily Injury – Per Person and Per Accident.” In insurance, “bodily injury”...

Determining the lowest premium

Many times people who call me for car insurance quotes are satisfied just by hearing the “cost per month.” It seems simple: Determine the lowest total cost, and you know what you are getting into. But in fact, hidden costs can lurk beneath the surface. Here are some questions to...

Glossary of terms associated with a Merriam Auto Policy

The following are terms are associated with an Automobile Policy at Merriam Insurance Agency. Liability: A person’s responsibility to another for injury he/she caused or damages he/she caused to another’s property. Bodily Injury: Your insurance company will pay for Bodily Injury to another that you are legally responsible for because...

How to Buy Car Insurance 101

“Yes, is this the insurance agency? I need car insurance. The cheapest you have!” For many people, the monthly premium is the most important factor in choosing car insurance. They may try to pay attention to having “good coverage,” but often are not sure what that means, and end up...

How to Get Your Experience Mod Worksheet

Your Experience Modification Worksheet provides critical calculation info for underwriters. The worksheet allows them to get a quick glance at the riskiness of your organization. NCCI (the National Council on Compensation Insurance) manages the Workers Compensation details in most states. A few states (see map) operate their own independent bureau....