Search Results for: insurance

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 […]

Driver License Suspension – How an Insurance Or Subrogation Company Can Suspend Your Texas License

It is possible for a Texas Driver License to be suspended if someone calls or sends you a letter inthreatening you with suspension. However, it is also possible that the person who threatened you doesn’t really understand Texas laws. Only the Texas Department of Public Safety has the authority to suspend your driver’s license. The […]