Apr 11, 2025 | Study Notes, Property & Casualty
Unfair Trade Practices Learn the terms and meaning of the four unfair trade practices: Twisting, Rebaring, Coercion and Defamation. >Twisting Using an improper comparison of two policies in an effort to get the client to cancel their current policy to buy yours...
Apr 9, 2025 | Study Notes, Property & Casualty
Occurence vs Claims Made Whenever you have a loss, there are two important dates. The date the loss occurred and the date you filed the claim. In some cases like car accidents, we immediately know there is an issue and will file a claim right away. However, there are...
Apr 7, 2025 | Study Notes, Property & Casualty
Contributory & Comparative Negligence Scenario One: Let’s say that you went to a store and you’re walking down the aisle and you slip and fall on water dripping from the freezers and bust your hip. You were a normal patron doing a normal activity, it’s totally the...
Apr 4, 2025 | Study Notes, Property & Casualty
Blanket vs Specific Coverage Blanket – A SINGLE policy coverage MULTIPLE classes, for ONE price. I think of a blanket as an actual blanket on the bed. You and your partner are different (Multiple classes) and you each have to fight for the blanket, it covers...
Apr 2, 2025 | Study Notes, Property & Casualty
Fair Credit Act & Consumer Reports What’s most important about consumer reports is knowing that consumer reports are for public information and investigative consumer reports are for interviewing your friends and family for information. When an insurance...
Mar 31, 2025 | Study Notes, Property & Casualty
Commercial Auto A commercial auto policy is just like a regular auto policy. It can cover liability and it can cover physical damage. The type of business you have will determine what kind of policy you have, and each type has it’s own symbol numbers. Every state is a...
