August 23, 2017
AgencyAuto Policy Exclusions – Part 2
In part 1, we began the discussion of the coverage limitations (exclusions) found in insurance policies. Here, we’ll continue. Exclusions are meant to insure that policy and pricing reflects precisely what the insurance coverage intended to cover. These limitations are fair. Their purpose is to make sure that coverage that you buy for your own […]
August 14, 2017
AgencyAuto Policy Exclusions – Part 1
Even if you have auto insurance, there are still instances, called exclusions, when your policy won’t provide coverage. Why should exclusions exist in an insurance contract? There are several different reasons. Exclusions are used to do the following: · help contain the expense of providing insurance; · prevent coverage under one type of policy that […]