Fort Worth life insurance attorneys should know this – but here goes with a reminder. The most common life insurance types are term, whole life, and universal life. “Term” life insurance policies simply provide a death benefit in return for a premium payment. At the end of the policy year,…
Dallas insurance attorneys must know that when a person makes a claim for coverage under his own insurance policy, that the person has a duty to co-operate with the insurance company in their investigation of the claim. The insured is required by the policy to co-operate with the insurance company…
Grand Praire insurance law lawyers need to understand some of the definitions and interpretations of coverages in an auto insurance policy. So, what are some of the basic exclusions to collision and comprehensive coverage? To start, most policy’s exclude loss due to “wear and tear.” An insurance policy is not…
Weatherford insurance attorneys need to be aware of this recent United States District Court, Dallas Division, opinion. The style is DeCluette v. State Farm Lloyds and Ruben Gallegos. Here is some relevant information: According to DeCluette, he purchased a homeowner’s insurance policy from State Farm to protect their residence in…
Fort Worth insurance lawyers need to read this opinion issued by the United States Court of Appeals for the Fifth Circuit issued on February 2013. The style of the case is, Canal Indemnity Company v. Rapid Logistics, Incorporated. Here is some relevant information: This is an appeal from a declaratory…
Fort Worth insurance law attorneys need to be aware of an opinion issued by the United States District Court in Houston. The style of the case is, Landing Council of Co-Owners v. Federal Insurance Company. Here is some relevant information: Landing Counsel filed suit against Federal and the insurance agent,…
Weatherford insurance lawyers need to know the coverages in an auto insurance policy. As for damage to the auto itself, the terms of coverage for damage to the auto are fairly straightforward: 1. “Named-Peril” coverage is provided on “covered autos.” The policy would provide that the carrier will pay for…
Weatherford attorneys and those in Mineral Wells, Aledo, Springtown, Hudson Oaks, and other parts of Parker County need to know the minimum limits required on cars in Texas. But also knowing those limits is important when dealing with an out of state driver. Fox Business recently ran an article that…
Fort Worth insurance law attorneys need to know the “physical contact” rule as it relates to coverage for uninsured (UM) coverage. UM coverage is required pursuant to the Texas Insurance Code, Section 1952.101, unless it is rejected in writing. Most auto insurance policies are going to include within the definition…
Dallas insurance lawyers need to understand how Personal Injury Protection (PIP) benefits work in an auto policy. The Texas Insurance Code, Section 1952.152, tells us that PIP is required coverage in an auto policy unless this coverage is rejected in writing. However, Section 1952.153, tells us that the minimum requirement…