Insurance Category

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Posted On May 22, 2013By adminIn Insurance

New York clamps down on RelayRides

The New York State Department of Financial Services has taken action against the peer-to-peer RelayRides. Perhaps this should not come as a surprise because the investigation into the car-sharing service and Hudson Insurance Company has been rumbling on for a while. When you look at the advertising, it all sounds so simple. Say you drive into work every day, your expensive asset sits unused. Yet all around you are people who would pay to rent your vehicle for a few hours. So this enterprising company offers to put the ownerRead More
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Posted On May 8, 2013By adminIn Insurance

What’s auto insurance all about?

The easiest way to understand the answer to this is to start off with an image to put you in the mood. As you can see, two cars that are old enough to know better have decided to get better acquainted but without taking any of the usual precautions. The result is a lot of damage and no satisfaction as they are pulled apart. This leaves it to the humans to literally pick up the pieces and try to “put things right”. The general law relevant to this situation isRead More