The Rhode Island Supreme Court vacated and remanded a lower court's ruling, determining a property owner had properly demanded an appraisal within the time limit provided in his policy with Allstate.
"Here, Estep contends that his accident occurred while he was loading his car with luggage, which was part of a greater mission of returning home to Chesapeake with that luggage," Judge Frank K. Friedman wrote on behalf of the majority. "Simply put, transporting luggage is a valid and expected use of a vehicle, and one cannot transport the baggage without first packing the vehicle."
Hagerty's 2023 Bull Market List highlights vehicles that could increase in value, which should drive some collectors to review their policy's agreed value.
Companies need to make sure that they are prepared to address these employee concerns that have been on the rise since the start of the COVID-19 pandemic.