Creating, owning and/or running a business doesn't come easy. It takes sacrifice, focus, hard work and strategy. Protecting the life of a business isn't just about the business plan and day-to-day processes. It also can be about insurance protection.
As you know, there are multiple kinds of insurance that Oklahoma residents will utilize in their lives. There is car insurance, health insurance, homeowner's insurance, life insurance, etc. And many Oklahomans in particular now regularly consider another special type of insurance: earthquake insurance.
If you are a licensed Oklahoma driver, you more than likely have car insurance. It is a legal requirement that can protect you and your family from the cost of a potential accident.
You paid your premiums faithfully, even after they went up for whatever reason. While it may have been a while since you read over your policy, you are confident you know what the insurance company has agreed to cover if you should ever make a claim. When they pay the appropriate amount of a claim on time and without hassle, they have acted in "good faith." They have taken your money with every intention of keeping their end of the bargain.
Over recent years, many Oklahomans have experienced a lot in the way of environmental events, but perhaps none of them have the immediate impact and shock of an earthquake. An unfortunate reality for many Oklahomans has been getting more accustomed to geologic activity, but many people do not know they are not as prepared as they think they are.
Are you new to owning a home in Oklahoma? Maybe you are not a new homeowner but have for some reason come to the realization that homeowners insurance could be important for you and your family.
Most of us have all heard of life insurance. Hopefully, most of us all have our own life insurance policies. Of course, every individual's and family's situation is unique and might make that insurance option more or less crucial. Still, for anyone to make that decision, it is valuable to first understand some life insurance basics.
This is an insurance law blog. Most of the content on our site is about insurance disputes that Oklahoma residents face all too often. While we are most often discussing the unfortunate reality of insurance benefit denials, a recent news story presents a less common but still real reason why local people are missing out on insurance money they deserve.
There are various types of insurance. And the frustrating reality is that insurance can be complicated. Throw in a variety of insurance types and, therefore, a variety of complex insurance regulations, and it is no wonder that too many people face legal hurdles that seem too high to clear on their own.
While we hate to bring you bad news on the week of a favorite holiday, we aim to arm people with helpful information. And the truth is Thanksgiving is a dangerous time of year.