BUSINESS FEATURE: Stamp Out Liability
Declaring that a customer’s vehicle is unsafe to drive by stamping the estimate protects you from a potential lawsuit, not to mention increases your chances of closing the sale.
Liability Coverage
Lancer Insurance Company specializes in providing liability and collision coverages to entrepreneurial body and repair shop owners who rent vehicles to their customers. Rather than referring clients to third-party auto rental firms, Lancer policyholders keep the rental revenues in-house. Call (800) 782-8902, ext. 3027.
Wyoming House Rejects Increase in Auto Liability Coverage Minimum
The Wyoming House of Representatives rejected H.B. 168, which would have increased the minimum limits on personal auto liability coverage from 25/50/20 to 50/100/25 for bodily injury or death and injury to or destruction of property, last week. The bill also would have made uninsured motorist coverage mandatory. “This bill would have negatively impacted
Wyoming House Rejects Increase in Auto Liability Coverage Minimum
The Wyoming House of Representatives rejected H.B. 168, which would have increased the minimum limits on personal auto liability coverage from 25/50/20 to 50/100/25 for bodily injury or death and injury to or destruction of property, last week. The bill also would have made uninsured motorist coverage mandatory. “This bill would have negatively impacted
Liability Coverage
Lancer Insurance Company specializes in providing liability and collision coverages to entrepreneurial body and repair shop owners who rent vehicles to their customers. Rather than referring clients to third-party auto rental firms, Lancer policyholders keep the rental revenues in-house. Call (800) 782-8902, ext. 3027.
Liability Coverage
Lancer Insurance Company specializes in providing liability and collision coverages to entrepreneurial body and repair shop owners who rent vehicles to their customers. Rather than referring clients to third-party auto rental firms, Lancer policyholders keep the rental revenues in-house. Call (800) 782-8902, ext. 3027.
Liability Coverage
Lancer Insurance Company specializes in providing liability and collision coverages to entrepreneurial body and repair shop owners who rent vehicles to their customers. Rather than referring clients to third-party auto rental firms, Lancer policyholders keep the rental revenues in-house. Call (800) 782-8902, ext. 3027.
Pointing Fingers: DRP Agreements Attempt to Shift Liability
Recent concern has developed in the aftermath of Avery v. State Farm that a DRP agreement attempts to shift liability from the insurance company to the shop in the event of a lawsuit brought by an unsatisfied consumer – or, worse yet, an entire class of unsatisfied consumers. Is this concern valid? Are shops becoming scapegoats?
Liability For Sale
With more than $3 trillion in assets belonging to the insurance industry, the acceptance of liability must be a valuable commodity — and the sale of liability must be a profitable business. So why are you only charging the wholesale time it takes you to do a task without financial consideration for the liability you accept?
Auto Insurance Fraud Works Both Ways
Unfortunately, for some insurers, fraud is becoming part of normal business practices.
