Live and Learn
As always, Chris Amrhein provided food for thought on your column “Living Vicariously” in the August 2013 issue of AA&B. For some reason it had never really occurred to me that a driver who had a heart attack wasn't liable for the damage his car caused. Live and learn.
In another one of those “why didn't I know this already” situations, a friend of mine's house was struck by an automobile. The automobile drivers insurance company offered to settle on an ACV basis, so the homeowner turned it in to his homeowners insurance company, who paid the loss on an RCV basis and then went after the auto insurance company. To an outsider this would almost makes no sense at all. Thank you, Chris, for all the good info you provide in your articles!
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.