Medical Professionals: A Common Target for Opportunists

October 5th, 2010 by Allison Smith

The simple fact is that we live in an increasingly litigious society. Just like the rest of us, attorneys are out trying to make a living in a tough economy. What 20 years ago might have been passed over as an innocent oversight or a common occurrence, now represents an opportunity to hold somebody personally liable. Frivolous or opportunistic lawsuits are a legitimate concern for most of us, but they are also a significantly growing concern for medical professionals.

Most medical professionals carry malpractice insurance policies with professional liability coverage, or the hospitals and care centers that they work for have policies that cover professional errors or actions while on the job.

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Cut Your Donegal Insurance Bill in Half

October 4th, 2010 by Crystal Davis

By taking on some more risk when it comes to car insurance, you may be able to lower your insurance bill by as much as half with companies like Donegal Insurance.  Fox Business recently posted an article entitled “How to Cut Your Car Insurance Bill in Half” to explain how to go about it.  First you’ll have to research your individual state’s minimum coverage requirements because they do differ.  Many states have minimum coverage of 25/50/10, which translates to $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property-damage coverage per accident.  However most insurers set you up automatically with 100/300/50 coverage which is significantly more than the minimum in most states.

By reducing your liability limits to the minimum you can save a lot of money.  Other ways to save include getting rid of your collision and comprehensive coverage, increasing your deductible to at least $1,000, and dropping your uninsured motorists (UM) coverage.  By using all or a combination of these changes, you have the ability to lower your car insurance payments by half.  In the article’s financial example, they lowered their minimum coverage to 25/50/10, eliminated their comprehensive, collision, and rental coverage, but left their UM coverage there.  Payment reductions were 35% for a Cadillac Escalade, 46% for a Chrysler Town & County, 47% for a Toyota Camry, 48% for a Hyundai Santa Fe, and 50% for a Ford F-150.

You have to understand that reducing coverage like this will add a lot of risk to your car insurance needs.  Be sure to speak with an agent or multiple agents to see what type of risk and coverage is best for your individual situation.  Another good way to lower your car insurance payments is to shop around and see what pricing you can get from a company like Farmers auto insurance.  Look for deals and make sure that the company has a good reputation from the BBB and lacks a lot of complaints.  You can save a lot of money by shopping around.

Radio talker’s irresponsible advice

September 28th, 2010 by Allison Smith

The Philadelphia area has its share of ethically challenged folks and surely doesn’t need anyone giving step-by-step instructions on how to commit insurance fraud . . . especially when that someone has a large megaphone and can reach thousands of people. That’s the scenario that played out last week on WYSP radio with talk show host (and former tv child star) Danny Bonaduce.

A caller sought advice on how to profit from a minor traffic accident and talker Bonaduce didn’t disappoint. Here’

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10 holiday tips for the first time golfer

September 25th, 2010 by Megan Torres

There will always be somewhere in the world to play golf on holiday and courses are springing up in the most unlikely places, even in the desert. Courses and resorts need a lot of space and the majority of the time you will be guaranteed a stunning location. So holiday and golf is potentially a marriage made in heaven. If a golfing holiday is a new experience for you or if you’re going on holiday to play as a golfing virgin, planning ahead will save you a lot of time, money and stress.

1 – Choose your destination with care

This may be pretty obvious but it really is the starting point. The Read more…