Search Results for: insurance

Auto Insurance Breakdown

Auto insurance provides drivers with important and required protection in most states. Auto insurance covers vehicles like cars, trucks, motorcycles and boats. The insurance is designed to protect motorists but it also covers pedestrians and property owners who have their property damaged by an auto. There are many types of auto insurance. I’d like to […]

Continuing Insurance Education – Origins of Personal Auto Insurance

Gilbert Loomis, a Westerfield, Massachusetts auto mechanic, sparked the auto insurance industry in 1897 as the first recorded me­chanic who had built his own one-cylinder car. The premi­um was $7.50 for $1,000 worth of Liability Insurance. Because driving was dangerous and roads were not paved with stop lights and street signs, accidents involving horses and […]

Florida No Fault Auto Insurance – Personal Injury Protection (PIP) Required – Questions With Answers

What is the purpose of PIP?PIP is an abbreviation of Personal Injury Protection. PIP stands for the benefits payable under the Florida No Fault Auto Insurance policy. What law in Florida requires PIP?Florida Motor Vehicle No Fault Law refers to the Florida statute that requires coverage for all vehicles registered in Florida. Who is covered […]