What is cross liability insurance?
98765
In the event of claim by one insured for which another insured covered by the same policy may be held liable, this endorsement covers the insured against whom the claim is made in the same manner as if separate policies had been issued. However, it does not operate to increase the insurance company's overall limit of liability.\n\nNormally under law people cannot sue themselves. As this policy insures many entities, this would preclude any of the insureds from suing another one of the insureds. However, a special Cross Liability Clause provides that each Society and its leaders is covered as if they were an individual insured so that they could sue each other if negligence were involved and bodily injury or property damage resulted.\n\nThe policy does not replace the Personal Liability Insurance that the members should carry for their protection for any personal liability of theirs outside their activities as a member. The policy does protect members when acting with or on behalf of the group, but their Personal Liability Insurance could be called upon if they personally caused bodily injury or property damage to another member.
727407
Some states will allow a carrier to cancel a policy if there are two at fault accidents in three years, some don't.  It varies from state to state.  You WILL see a heft surcharge, up to 40% of the polciy premium, for two at fault accidents.\n\n\nYour agent is the most accurate source of information, because this varies widely from state to state, and company to company.
844895
Please see my answer to your other question in the insurance category.\n\nI think you misunderstand the purpose of insurance. It's not just there if you're not at fault. Liability insurance protects you when you ARE at fault. If the insurance company finds your cousin at fault for the accident, the other party won't sue your cousin directly. The insurance company will try to settle with them to keep it from ever reaching a court room. Only one out of a thousand (maybe even less) accidents ever result in any sort of litigation. Even if your cousin is sued, the insurance company will pay for his defense and act on his behalf.\n\nI think that you and your family are concerning yourself too much with this if you really think your cousin is going to be sued. Just let the insurance company do your work for you... there's a reason you pay insurance premiums every month!
301743
Cross selling is selling current customers other products. Up selling is selling a higher cost product to the same customer, upgrading what that customer has.
152217
GAP insurance is an insurance for cars that have a loan on them that is much higher than the value of the car.  So if you get in a wreck and the car is totalled, the GAP insurance covers what regular insurance won't.  I think it is worth it if you are taking out a high loan on a later model car.
1170900
You might be able to get a rider on a homeowner's insurance policy to cover personal property.  For example, your policy might cover $5000 of personal property on you at any time.  Theft would definitely be covered - I'm not sure how it would affect those "I dropped it in the swimming pool" type incidents.
302172
Would assume its insurance.
272391
There really is no "ballpark" but it will be a good amount.\n\nBe aware that most states have "resident relative" laws pertaining to insurance.  That means that if your child is involved in an accident on his own policy and the damages max out his policy, and he lives with you, if you have excess insurance (higher limits than he does), the other party can pursue your insurance as well.  I am not sure if this applies in Texas, so I would ask a broker or whatever insurance company you call, if you try going direct (like through GEICO).  You will probably need to set high limits on your child's policy at least equal to your own to avoid something like that.
699385
Umbrella policy\nInsurance for exports of an exporter whose issuer handles all administrative requirements.\n\nProvides protection.\n\nUMBRELLA POLICY BASICS\nThe Need for Umbrella Policies \n \n\nThere are many situations where a standard liability policy is simply not enough coverage.  An umbrella policy allows an individual to protect himself against major lawsuits in two ways:\n\n \n\n·         The umbrella provides excess liability over underlying coverage; and  \n\n·         The umbrella provides liability coverages that may be excluded by homeowners or auto policies.\n\n \n\nOften referred to as a personal catastrophe policy, a personal umbrella policy, supplements the basic personal liability coverage provided under homeowners and auto policies.  The umbrella was created to protect people from large losses.\n\nSpecial Protection\nPersonal injury losses that may be limited or excluded under most homeowners policies will receive broader coverage under an umbrella policy.  As a rule, personal injury does not have a uniform definition; however, most umbrellas will refer to personal injury to include bodily injury.  Most policies also include in the definition of personal injury:\n\n \n\nMental anguish, false arrests, wrongful eviction, wrongful detention, malicious prosecution, invasion of privacy, assault and battery, slander, libel and defamation of character.\n\nStandard Policies and Variations\nThere is no standard personal umbrella policy.  The insurance coverages, as well as the exclusions, will vary by company.  It is important to compare the costs against the coverage the policy provides.  In some cases, it is more important to know what is excluded from coverage.  Additionally, investigate what coverages and limits are required on the underlying homeowners and auto policies.\n\nCoverages\nGenerally, an umbrella policy pays all of the covered loss that exceeds the limits of the base or underlying policy.  If, for example, the basic policy paid $200,000 on a slip and fall injury and the claim was for $250,000, the umbrella would cover the $50,000 over the basic policy's $200,000 limit.\n\nDeductible\nUsually umbrella liability policies have two types of deductibles.  These are also referred to as retained limits.  Depending on the loss, one of them pays first before the umbrella pays.  If the loss is covered by the underlying policy, that policy pays first up to its maximum limit and then the umbrella policy coverages are applied.  Another consideration is that a loss may occur and is covered by the personal umbrella but not by an underlying policy.  In this case, the insured must meet a deductible that is referred as the SIR, which stands for Self-Insured Retention.  For example, a $1 million umbrella usually has a $250 SIR that the insured must pay before the umbrella coverage is applied.\n\nOther Exclusions\nTypically, the umbrella policy  excludes losses that are better covered under other policies.  Although there are differences, most umbrellas will not cover the following:\n\n \n\n·         Obligations under workers' compensation or similar laws.  If a domestic employee is injured, coverage is afforded under workers' compensation and will not be duplicated under the umbrella policy.\n\n·         Damage to property owned by the insured.  This precludes any coverage for property damage best insured under some form of property (homeowners) or inland marine (jewelry floater) insurance.\n\n·         Damage to property on which an individual agreed to provide insurance.  The intent is to prevent the insurance company from paying for a loss that should be insured under some form of property insurance, especially since the insured has agreed to provide coverage.\n\n·         Disability arising out of a business pursuit - unless it is covered by  homeowners or auto insurance.  If a homeowners policy covers some business pursuits (i.e., an office at home), the umbrella will also extend coverage.  Some
102329
previous answer about Key Man insurance is not the same. Key man is life insurance.\n\nD  &  O offers liability insurance for the directors & officers of a company to protect them from shareholder lawsuits claiming that they acted improperly in the discharge of their corporate fiduciary duties. It is hard to get directors/officers without offering them a level of protection.
540328
CALL 800 # TO INSURANCE COMPANY AND ASK.  THEY HAVE A LIST--YOU CAN GET ONE MAILED TO YOU OR LOOK ON THEIR WEB SITE.  THEY CAN TELL YOU DIRECTLY OVER THE PHONE AS WELL.
798576
Never heard of such a thing.  Direct your question to your state department of insurance, which can be found by going to the website for the National Association of Insurance Commissioners, http://www.naic.org/  \n\nClick on "NAIC STATE AND JURISDICTIONS", links to state departments of insurance on the left hand side of the home page, about half way down.   Most states provide excellent assistance to consumers regarding questions such as yours at no cost.
1139600
Full tort means you retain the right to sue another party for pain and suffering.  Limited tort means, you sign away your right to sue another party, except for a few severe injuries (ie, loss of BOTH eyes, loss of an arm or leg, etc).  The purpose of this is to eliminate the most common type of pain and suffering lawsuit - soft tissue injuries such as neck and back pain, that don't show up on xrays.\n\nSo when you take out your policy, in exchange for a LOWER liability premium, you sign forms stating that you give up your right to sue someone else who causes the accident.  \n\nI would ABSOLUTELY spend the extra money on it.  When someone else hits you, the FIRST thing the adjuster will ask is, do you have full tort or limited tort?  And from what I've seen, you will get MUCH better and faster service if you have full tort (this is service from the other insurance company, of course).
668795
I've written this kind of insurance for a few of my customers. Never anything as big though, stuff like an archery tournament where the prize was a truck. I work at an Independent Insurance Agency so I was able to shop around for the best deal, ended up purchasing a policy from Lloyds of London who will insure just about anything. Call a local Independent Agent and tell them what you need. You'll need to have details of the promotion and be able to give some kind of evidence as to the difficulty of winning the prize. For instance, on the archery tournament I had to get info on the length of the range, the size of the target, the type of bow involved and whether it was indoors or outdoors. Lloyds came back with a couple of stipulations: no mechanical sights to be allowed and no professional archers allowed, also the winner had to hit dead center, not just in the bull's eye circle. The odds were calculated at something like 1:1,000,000 that anyone would hit dead center, especially as it was an outdoor tournament. The premium for the policy was under $1000. SOMEONE HIT DEAD CENTER and the Ins Co had to pay out!\nGood Luck!
188712
Every state has an Insurance Commissioner who oversees the insurance industry.  Contact them with the details, including photocopies of any written proof you have available.  There may have been a law passed that requires them to add some tax or something.  But it does not sound fair the way you describe it, no.  Was there some change in the circumstances, such as a person who is covered who had an accident or was arrested, which put them in a higher risk category?
577351
local insurance co in Richmond IN\n\nhttp://worldlifeandaccidentassociation.lbu.com/
1075100
contact a insurance agent.\n\nlol