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Ersatz. My 11th Grade English teacher would be so happy that I was finally able to use one of those SAT words. Ersatz means “… made as a substitute, typically, an inferior one.” You are probably asking yourself why an insurance blog is offering vocabulary advice. Actually, I wanted to use this as a way to start the conversation about how cars get repaired after an accident. There are three types of parts that get
So, I don’t own a car. Do I still need coverage? When you own a car and carry car insurance protection, the policy typically has two very important sections of coverage. The first is liability and physical damage. Liability protects you in the event you are sued by others for injuring them or damaging their property. Physical damage is also known as collision and other than collision and these protect the car in case you
Tree removal is always a point of contention among homeowners with their insurance companies. These issues usually come up after a storm when trees have fallen in people’s yards. Most insurance companies will not pay if a tree falls over in your yard and does not hit anything. In most cases, the only time an insurance company will pay for tree removal is if it hits your house, hits some other insured structure (shed, fence), or
How much more complicated can they make insurance? Most of the time, it’s really very simple. Insurance works on a principle called Indemnification.” This means that you get paid for what you lost. Your car insurance will pay you the depreciated value of your car. So, if your 2010 Ford F-150 is totaled from a loss, you get paid the current value of a 2010 Ford F-150. This is called the “actual cash value” of
We all know about generic drugs. We know that Chevy is the downmarket version of a Cadllic. We agreed with these and even buy them because of the savings. Yes, when it comes to getting cars repaired, there seems to be a tremendous amount of confusion when it comes to the three different types of parts that are available to repair shops and insurance companies. Let’s take a moment to review these types of parts,
We’ve all seen the photos of the lack of smog and pollution over Los Angeles since the COVID-19 Stay-at-Home orders were put in place. Those who have quarantined may not have driven anywhere except the grocery store, if you even did that. So, what does all of this mean for your car and your car insurance? Most insurance carriers are providing monthly refunds since people are not driving. These have typically been issued for April
