Explaining Insurance to the Motorcycle Industry and Customer

If you own, ride, or sell motorcycles, you will need to be informed about shielding insurance.

Manufacturers and dealers as well as the riders themselves must acquaint themselves with the associated risks and procure tailored coverage that protects them from the variables. This overview will simplify the basics of separate insurance class.

Motorcycle Insurance for the Owner and Rider

Generally, most standard auto and personal liability plans do not include motorcycle insurance. It is for this reason that insurance coverage intended explicitly for motorcycles, motor scooters, motor bikes and others like them is required for those that own and ride them. Coverage protects against liability of the owner or operator if bodily injury or property damage to a third party is sustained. In the majority of cases, insurance carriers that provide motorcycle insurance include physical damage coverage for fire, theft, comprehensive and collision policies. Associated quotes are typically established through measurements of cubic centimeters of the engine displacement.

Those companies that offer motorcycle insurance also recommend uninsured motorists coverage as supplementary coverage to the liability policy. There are those that present the option of medical payments as well as passenger liability coverage.

Motorcycle and Motor-Bike Custom Manufacturing and Fabricating Insurance

Due to the increased popularity of customizing motorcycles, many businesses deal with original details, frame modifications as well as engine variation. This, of course, lends itself to differing forms of liability exposure for the custom bike designers, manufacturers, fabricators and service or motorcycle fix-it shops.

Related policies incorporate the following coverages:

• General Liability Insurance

• Products and Completed Operations Coverage

• Garage-Keepers Legal Liability Insurance

• Commercial Personal Property Insurance – of which Theft Coverage is a part of

Motorcycle and Motor-Bike Dealers Insurance

This type of insurance is generally provided on an amended automobile dealers- liability form – a form that’s specifically adapted for the motorcycle dealer’s needs.

There are two differing coverages:

1. A policy that includes premises liability for sales operations in regard to the service or repair of customers’ motorcycles.

2. A policy that includes coverage protection for customers’ motorcycles for the time that they are stored in the dealers’ repair shop. This type of plan is similar to a garage keeper’s legal liability insurance policy.

The dealers’ supplementary physical damage insurance policy protects stored motorcycles that are waiting to be sold and it includes coverage for risks, such as fire, theft, collision, vandalism, riot, and other specified risk exposures.

Insurance Agency Drip Campaigns & Email Workflow

Let’s begin with a simple definition of insurance email drip campaigns. A drip campaign is a direct marketing method used to engage prospects and retain clients leveraging ongoing, dynamic content generated email marketing programs. The campaigns send targeted, and conditional content based upon existing and changing preferences. The content is sent to prospects and clients over varying periods of time to nurture leads and improve retention.

An email workflow is a series of automated emails which are sent (or not sent), based on the targeted subscribers, to help facilitate how they interact with your agency. The email workflows are triggered based on information you know, or learn, about your subscribers (using branching for Yes, No, If, Then). The workflows allow agency marketers to send precise emails, at predetermined times to specific prospects or clients. Well-designed email workflows can help insurance agencies improve conversion rates, and customer retention. Let’s discuss one of the many types of workflows insurance agencies can use, we’ll follow up with additional blog posts on other types of workflows in this ongoing series.

Insurance Webinar Workflow

Let’s say that your insurance agency is planning a webinar on a topic such as: ACA Compliance in an Uncertain Era, or Changes with CSA Regulations & the Impact on Truckers. Email workflows allow agency marketers to communicate the information your attendees need to know, and when they need to know it. Your agency webinar workflow can be triggered as soon as a date is set, though it is recommended a webinar registration landing page is ready at that time.

Once triggered, the webinar email workflow starts sending out automated emails, providing timely and useful information about the webinar, up to the webinar, and after completion of the webinar. This can include dates and times, if the webinar will be recorded, where to get the presentation slide or companion materials, and certification information for credits with HRCI, SHRM, etc. It’s beneficial, to begin a few weeks before the webinar, and to remind those who have not registered, and retain those who have registered.

Insurance agency email workflow branching allows for robust personalization and very specific content fulfilment. For example, if a registrant responds that they want to receive the slides, a Call To Action (CTA) can be created to drive them to a download page. Or for registrants who would like to share the recorded webinar at a later date, and email can be automatically generated, the day after the webinar, providing the recording link, and perhaps a CTA to set up an appointment to discuss coverages with your agency.

Needless to say, every agency should be using simple email campaigns. However, for many agencies, the time has come to invest in insurance agency email workflow drip marketing. Those agencies lacking the staff or tools to accomplish this can consider outsourcing the initiative to a proficient insurance marketing agency.

Things You Need to Set Up an Auto Insurance Policy

Money is an obvious one. And, of course, having a vehicle to insure and a garaging address is another. A completed application with signatures applies to all polices. Also, each company will have their own unique set of guidelines for what you will need. Lastly, legal requirements can change in different jurisdictions.

Payments to start a policy are mostly made by check or credit card. Many policyholders now a days use an electronic form of payment. For credit and debit cards the account number, expiration date, and security code are needed. For an electronic funds bank transfer the account and bank routing numbers. In either case the account holder, which is not always the policyholder, must provide authorization.

Before a policy can begin the exact Vehicle Identification Number or VIN (17 digit alpha numeric) is needed. Providing the year make and model is insufficient. Each car has a unique VIN which identifies the characteristics for that particular car. Air bag, antilock brakes and other vehicle features are verified. CLUE reports (Claims Loss Underwriting Exchange) indicating vehicle claims history require the correct VIN.

Information not provided on computer generated reports such as the MVR and CLUE are necessary to complete the application and issue (begin) a policy. Be prepared to provide the employer (school) name and address for all drivers. When making payments on the car the bank or leasing company name and address is necessary. The application will have to be signed and payment authorized.

Companies often require a variety of documentation supporting the policy. Proof of prior insurance or school transcript for discounts is typical. Photographs of the vehicle or policyholder picture identification are less common. If there are different vehicles in the household covered by another insurance policy you may be asked to provide proof. Not all jurisdictions have the same legal requirements. For example, 7 counties in Florida require mandatory vehicle inspections when starting a new policy that include physical damage coverage.

Most, but not all, of the necessary information for a policy is generated by reports from your name, address, drivers license and VIN numbers. It is imperative that the 17 digit VIN number you provide is correct. Complete information, payment details, specific requirements, and signatures are the things you need to set up an insurance policy.

When Do You Need to Hire a Bankruptcy Attorney?

Life comes with many twists and turns and most times we aren’t as prepared for the unexpected as we thought. There are times when bills are much more expensive than anticipated. Debts can be incurred for many different reasons. The reasons are as vast and varied as each individual that experiences debt. It can become a large amount of money in a short amount of time leaving consumers in a financial quagmire.

Medical Bills Are a Health Hazard to Your Finances

One of the more common problems people encounter are medical bills. Hospital bills can come through an accident or an illness that come on without notice. Medical care has become an expensive and costly expense for many. The cost of emergency rooms visits, surgeries, and needed x-rays are vast. Medical equipment has become so expensive for hospitals to pay for that the majority of the costs get passed down to the patient.

Falling into a Sea of Credit Card Debt

Credit cards are also a significant contributor to debts. Many consumers decide to get a credit card in order to build their credit. Also, people use them in case of emergency when they have no cash on them. They are convenient to use when the need arises. They do, however, come with a price. Interest rates can cause credit card debts to companies become outrageous. The interest rates and payments add up quickly and lead people to find themselves in an amazingly large amount of debt.

A Solution to Your Troubles

For those that find themselves in this situation, it may be time to consider hiring a bankruptcy attorney. These types of lawyers have experience in all aspects of bankruptcy laws. They have the knowledge, education, and experience to help their clients navigate through their bills and debts and get help. Bankruptcy can help consumers reconcile their debts through a court-approved payment arrangement that will help pay off bills in a way that is agreeable to all parties.

Make Sure They’re Experienced & Reputable

A bankruptcy attorney with years of experience is likely the best bet for moving forward with this type of financial situation. Their expertise will mean that they have seen and dealt with all types of clients and finance issues. They will know how to work with the various debtors that will need to be spoken with and get things accomplished. Bankruptcy attorneys know how to establish a rapport with the debtors and get the job done in helping their clients. Having expert advice during a stressful time such as this can be quite helpful.

Also, it would be vital to hire a lawyer in this field that has the proper law degree and licensing within the state. This is to ensure that they have the education and approval to practice law within the state. Lawyers are required to pass a bar exam and show that they are experts in their chosen law field. Interviewing a potential bankruptcy attorney is also a smart tip to take advantage of. This is to verify that there is good communication between both parties and that all expectations are explained and understood fully.

How Can I Hire a Bankruptcy Attorney If I Can't Pay My Bills?

When most people file for bankruptcy, they have already waited too long and are probably completely broke. In a perfect world, when times are getting tough, the smart thing to do would be seek the advice of a bankruptcy attorney before their world is completely upside down. As Americans we tend to view the world through rose-colored glasses because of the way we were raised. Many Americans started losing their jobs during the economic downturn that began in 2008. The economy is still in the tank and so is the job market. Many people believed real estate and the economy would bounce back quickly and they could take their time looking for a job. Instead, many of these people waited too long and their unemployment insurance ran out leaving them with zero dollars income. This is when people typically start selling personal property and any valuables they might have to keep the ship afloat. The sad thing is, filing Chapter 7 bankruptcy could quickly eliminate all the stress caused by the bills that are piling up. People don't need to worry about losing all their property by filing bankruptcy. The bankruptcy code allows for generous exemptions to protect a person's property. It would be pretty hard to give someone a fresh start if you took away everything they owned and sold it to pay off creditors. That's why Congress included bankruptcy exemption laws to allow a person to protect the necessities.

One problem many people have when waiting too long to file for bankruptcy is coming up with the money to pay the bankruptcy filing fees and hire a bankruptcy attorney. In some extreme cases, the people that bury their head in the sand might end up losing everything prior to filing bankruptcy making them essentially too broke to file. For this group, basically they have nothing to lose so why waste the money filing? Even if the creditors began suing them and got judgments against them, there would be nothing to attach.

Good advice would be to consult a bankruptcy attorney when times start getting tough. This will give an individual an out if things don't turn around in their financial life. Having that knowledge of options that are available to them can be invaluable to their recovery. Sometimes it might be as simple as some kind of debt settlement negotiated with the creditors. For those that have a large amount of unsecured debt, it's foolish not to consider filing Chapter 7 bankruptcy. At the end of 2011, it was reported that the average American has close to $ 16,000 in credit card debt. Considering this same person only makes about $ 35,000 a year, there is a good chance that they will never be able to pay this debt off in a lifetime outside of winning the lottery. Most Americans are kicking the can down the road and just getting by another month. At some point in time when disaster strikes, the wheels will fall off and the options will be much more limited for that individual. What does it hurt to take the time and consult a bankruptcy attorney before it's too late? There might not be anything there, but if there is it might be a lifesaver.

Large Deductible Insurance – How to Cure the Collateral Blues

Large deductible insurance may look like a painless way to reduce your workers compensation or liability insurance costs. But appearances can be deceiving. The collateral your insurer needs to protect their credit risk can put a burden on your credit lines or credit rating. Here are three cures for this common problem.

Cure 1 – Surety Bond

A surety bond is a three party contact between you, your insurer and the surety. A surety bond is a promise that in return for the premium you pay, the surety will honor your financial obligations if you cannot. If you are unable to reimburse your insurer for payments falling within the deductible, the surety will make good on those payments.

Not all insurers will accept a surety bond as a substitute for either cash collateral or Letters of Credit. They may not get full credit for the bond under statutory accounting rules. Sureties may require collateral from you to issue the bond which will reduce some of the benefit of this approach.

Cure 2 – Trust Account

A trust account, which you fund with cash or high credit securities, can be substituted for Letters of Credit. The cost to maintain a trust account is usually less than the cost banks charge for LOC’s, which means you can save money each year on collateral costs, and not have to tap lines of credit.

The securities approved for a trust account may not provide an attractive return to you. The money you save on administrative costs could be offset by lower investment returns.

Cure 3 – Negotiate With Your Insurer

The collateral amount set by your insurer is calculated using several factors: your historical claims frequency and severity; your business credit rating; social and economic inflation factors. Their actuaries use these factors to predict the future amounts and timing of payments for claims falling within your deductible.

An improvement in your credit rating, a change in business activity, long term expectations for future business opportunities in your industry can all work to your advantage. Talk to your insurer about these changes. Hire your own actuary to analyze your losses. Do not assume your insurer’s collateral calculations are fixed in stone.

Bonus Cure – Loss Portfolio Transfer

If you have been in a large deductible insurance program for several years, you may be suffering from collateral “stacking”. This is the build up of collateral over a number of years to a point where you have substantial amounts of assets or credit tied up with your insurer.

A Loss Portfolio Transfer is a contract with an insurer or reinsurer to transfer your future claim liabilities in return for the payment of a premium. The premium for the LPT contract is determined by the anticipated timing and amount of your future claim payments, as well as the time value of money.

Many people think that a low interest environment would be unsuitable for LPT’s since the discount factor will be so small. But the release of letters of credit frees up your credit lines for other uses, and that alone may be worth buying it.

Have a Bad Driving Record? – You Can Still Get Good Car Insurance!

Accidents definitely have a negative effect on your quick car insurance quotes. The insurance company has to pay for the damages or injuries if you are involved in an accident. Even though it is your fault or not, the premium rate will increase with the record of accident against your name. In addition, if you are found responsible then you will need to face a lot of problems in the future. The insurance you carry at the time of accident might be doubled or tripled. You will be penalized and many companies will not want to provide you the coverage after such incidents.

The insurance coverage will help you and the people involved in the car accident. The types of coverage facilities such as full comprehensive, medical protection, personal injury protection, or collision coverage can be beneficial, but you will need to pay high premiums in the future. The rates will be cut down but you will need to maintain a clean driving record for a certain amount of time. In addition, the rules and laws might vary depending upon your geographical location. The accident claims will be accepted if you have the proper coverage and paying your premiums on time.

The real tough job is to handle the accident claims. The best way is to seek help of professionals in this field. It is really impossible to handle such problems on your own. You will need to collect many documents such as police reports, medical records, vehicle damage reports, and so on in order to qualify for the claims. Do not forget to take plenty of photographs during the event as they might be of some use in the process. In addition, the adviser or adjuster will charge you certain amount of fee. Be prepared because the adjuster is the sensible person to guide you in such situation.

The best way to avoid penalties is to drive safely. Remain alert and take as much preventive measures as you can. Avoid driving cars in unfavorable weather conditions because one simple fault can have a great impact on your life. Many times, you might not be responsible for the event but you must learn to handle all such situations. The damaged vehicle and injuries can be recovered but tragedy such as death will never allow you forget this incident and can create lot of stress in your life.

The competition in the insurance field will allow you to get best deals even with accident records. However, still it is your responsibility to remain cautious and avoid accidents.

Tips for Driving in the Riviera Maya – Quintanna Roo, Mexico

If you choose to get off the beaten path somewhere between Mexico’s bustling Cancun and the Mayan ruins of Tulum, you will probably want to rent a car. Major car rental companies are well represented at the airport in Cancun and route 307, the road that runs the length of Mexico’s Caribbean coast, is newly paved and easy to navigate. Just imagine yourself atop Nohoc Mul, the second tallest Mayan pyramid in the Americas, with only howler monkeys and turquoise browned mot-mots for company. A rental car gives you the freedom to arrive hours before the tour buses and wander the ruins alone. The driving is easy, the roads are well marked, and the freedom is fabulous.

If you decide to navigate Mexico’s Riviera Maya from behind the wheel of a rental car, here are a few tips.

WATCH OUT FOR SPEED BUMPS

If you fly over the speed bumps or topes along route 307, you will destroy your tires and wreck havoc with the suspension your car. These are NOT American speed bumps. Even crawling over them is jarring. Drive slowly and treat them with respect.

DON’T SPEED

Stay well within the speed limit, especially through Playa del Carmen. The policia are friendly and formal and will write you a ticket and you will be required to give them your driver’s license which will be returned to you when you appear at the police station in Cancun to pay your fine.

If you should happen to get stopped, it is acceptable to profusely apologize, saying that you did not understand the laws and then ask if you can pay the fine on the spot. Offer the officer $20 American. He probably will not take it at first, but if you are persistent, polite, and sincere, you may get out of a trip to the police station. Yes, the money will most likely go into his pocket, but the police in Quintanna Roo make very little money and your generous propina (tip) will help feed his family. Think of it as a donation to a good cause.

ASK FOR A SPECIFIC AMOUNT OF GAS

The gas stations along route 307 are all full serve and when you pull in, an attendant will promptly start filling your tank. Make sure to ask for a specific amount of gas. If you ask him to, “fill it up,” no doubt you will end up paying for a few extra gallons that never make it into your tank. Yes, you will encounter folks in Mexico working hard to separate you from your hard earned cash. But keep in mind, the average wage is about $5 a day.

DON’T FRET ABOUT FEDERALES CHECK POINTS

They’re not looking for you, unless of course you are smuggling drugs. Tourism is in the best interest of the people in Mexico and, thanks to threats of flu and border wars, numbers of tourists have been dropped significantly. The Federals can spot a tourist a mile away and they really are there to protect you.

BRING TOILET PAPER

Just trust me on this one.

RELAX

The road is wide and straight and flat and leads to adventure. Driving in the Riviera Maya is easy. Relax, enjoy the scenery, and having fun discovering what’s around the next bend.

Do I Need a Lawyer?

Do I need a lawyer?

The short answer is yes. The reason is importance. Chances are that if you are in court (or thinking about going there) your case is very important. The custody of your child may be on the line, the amount of child support you pay may be on the line, or perhaps even your very freedom. You could always try the case on your own and you may even win. But why risk the outcome of something so important to you. By hiring a lawyer you can get someone who:

1. Speaks the language: Lawyers go through three years of law school, and read and write in legalese constantly. The same can be said of nearly all judges, magistrates, and other decision makers. Why? Because they are either lawyers or they once were lawyers. They all think in legal terms. If you want to present your evidence in the clearest possible way, it’s best if you can approach these decision makers at their level.

2. Knows the courtroom: A local lawyer knows the judges, their bailiffs, the clerks, and all the other major players in the court. The local lawyer knows things like how to behave inside the courtroom of a particular judge, how the judge likes to manage his courtroom, how the clerk likes to see documents filed, etc.

3. Knows the rules: Lawyers, after years of practice, are familiar with the rules of procedure and evidence. Rules of procedure govern, among other things how and when complaints are filed. A violation of these rules can keep your claim from ever getting to court. Rules of evidence govern how and when evidence may be presented to the court for consideration. A violation of these rules can keep the court from hearing from that important witness, or seeing that important picture you took.

4. Objectively speaks: The truth is that important issues can sometimes affect people emotionally and thereby interfere with their ability to express themselves. By hiring a lawyer, you can have someone who can argue passionately for you, and express themselves clearly and effectively in order to present your case.

5. Peace of mind: You are likely stressed and worried about the outcome of your case. Instead of worrying about the outcome and presenting your case, let a lawyer should some of the burden and allow you the peace of mind to carry on with life.

Hiring The Right Criminal Defense Attorney

Criminal Lawyers

It may have struck you that we utilized the phrase compassionate to describe criminal defense attorneys. That’s because while most criminal attorneys are experts in criminal defense law they should also be deeply concerned about you as a person and if they take your case, they will invest significant amounts of time on your behalf as a person as well as on your legal case. Most criminal defense lawyers don’t just want to win in court, they also want you to be left in a position to defend your reputation and to put your life back together.

You criminal attorney should desire that you conclude the criminal case as a tougher person. You should hire an attorney with the experience of having successfully represented people who have been charged with every type of felony and then restored their reputation in the community and helped them to put their lives back together. So rest assured that even though your case is unique the lawyer you hire has been there before.

If you are facing felony charges it’s serious business and you need a criminal defense attorney with a commitment to go the extra yard in fighting for individuals charged with offenses ranging from DUI and drug crimes to even more serious felonies like rape and murder. The attorney you choose must have the resources to investigate all aspects of the accusation, from the point of police suspicion, to the police gathering and handling of the evidence, and finally to your arrest and arraignment. There are a lot of questions that he needs the police to answer. Was there probable cause to suspect your potential involvement in this crime? Were your rights in any way violated by the police investigation or initial arrest? Was evidence gathered legally pursuant to the necessary legal search warrants? Was evidence handled properly?

So don’t for a second fear the process of defending yourself in the face of being charged with a felony. The states prosecutor is charged with meeting their burden of proof and our job is to rebut this proof with our own evidence to clear you of what you are charged with. Hire an attorney who will fight for your innocence going forward, never taking a step backward, and will keep fighting on your behalf until we have achieved a successful outcome of your case and a restoration of your good name amongst your family, friends and employer.