What is Insurance?
Black’s Law Dictionary defines INSURANCE as:
A contract by which one party (the insurer) undertakes to indemnify another party (the insured) against risk of loss, damage, or liability arising from the occurrence of some specified contingency, and to defend the insured or to pay for a defense regardless of whether the insured is ultimately found liable.
An insured party pays a premium to the insurer in exchange for the insurer’s assumption of the insured’s risk.
- Principles of Interpretation of Insurance Policies
- Louisiana Direct Action Statute
- Louisiana Minimum Auto Liability Limits
- Common Types of Louisiana Auto Insurance Coverage
- Louisiana No Pay / No Play
- Louisiana UM Claims are Subject to a 2 year Prescription
- Permissive use of an Auto
- Named Driver Exclusion
- Standard for Determining Whether Conduct Arises out of the use of a Vehicle
- Louisiana Underinsured/Uninsured (UM) Auto Liability Coverage
- 1 Free Consultation
- 2 Will Travel to You
- 3 No Fee Unless We Recover