February 15, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
State Farm has reported damage caused by a pothole can generate an average of between $300-$700 in vehicle repairs. Pothole damage will only be covered by collision insurance, which usually carries a $250 – $1,000 deductible. Because a pothole-damage reimbursement claim falls under collision insurance, it may result in an increased insurance rate. These […]
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Risks Ahead. Age counts on highway and in Auto Insurance
August 28, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
According to statistics from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Traffic Safety, the safest drivers are in the age group between 64 and 69 years old. Studies of the data reveal that teenage drivers — especially male teenage drivers — are the most dangerous drivers on the road. Young […]
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Cyber Insurance Coverage – Is a hacker riding shotgun in your company’s vehicles?
August 26, 2015 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
Today’s cars can stream music, place phone calls, navigate and much more. Essentially, they are smartphones on wheels. Just like smartphones, they can be hacked. “Software operating today’s vehicles easily have more than 100 million lines of code — more than a modern fighter jet, airliner or typical operating system such as Windows,” according to […]
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Risks Ahead. The potential results of incomplete auto insurance coverage.
July 31, 2015 / by KMRD Partners / Insurance Coverage, Risks Ahead Series / 0 comments
You should be prepared to pay for these 10 things if you have inadequate or incompletely negotiated Auto insurance coverage: Severe damage to others involved in a major accident Hail damage Damages caused by an underinsured driver (many insured drivers only carry state minimum limits) Damage from hitting an animal Damage from hitting a parking […]
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Auto liability and collision claims costs are rising
March 29, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? According to the National Highway Traffic Safety Administration, U.S. motor vehicle crashes in 2012 cost an estimated $1 trillion ($1,000,000,000,000) in terms of loss of productivity and loss of life. An […]
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Can You Be Sued If Your Employee Texts Someone Who is Driving?
March 27, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
In New Jersey, sending a text to someone you know will view it while driving can potentially result in civil penalties. In a recent case, Judge Victor Ashrafi of the New Jersey Appeals Court wrote the following for the majority: “We hold that, when a texter knows or has special reason to know that the […]
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The lingering costs of a DUI
March 17, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
A St. Patrick’s Day celebration can get expensive if you overdo the celebration and are one minute from normal. In Pennsylvania, as in many states, the fine for a DUI citation is exceeded by the jump in car insurance premiums. If you are a first-time offender with a blood alcohol level of less than 0.10% […]
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Reverse Rate Evasion…New Jersey Act A-2281/S-1737 signed into law
March 16, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
Governor Chris Christie of New Jersey has signed into law Act A-2281/S-1727, which identifies so-called reverse rate evasion as a form of insurance fraud and provides for civil and criminal penalties.The act targets residents who fraudulently obtain auto insurance in another state with lower rates, even though New Jersey is their principal residence or they […]
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Pothole season survival tips
February 15, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments
State Farm has reported damage caused by a pothole can generate an average of between $300-$700 in vehicle repairs. Pothole damage will only be covered by collision insurance, which usually carries a $250 – $1,000 deductible. Because a pothole-damage reimbursement claim falls under collision insurance, it may result in an increased insurance rate. These […]
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Risks Ahead. Texting while driving creates a crash risk 23 times worse
January 27, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
The Virginia Tech Transportation Institute found that text messaging creates a crash risk 23 times worse than driving while not distracted. Yet, in an online survey of drivers in Erie, Pennsylvania, 30% of the respondents admitted to texting while driving. 75% reported observing others doing it. Following are other forms of distracted driving respondents reported […]
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Hall of Shame – Home Run Gone Wrong / No Auto Liability Coverage / No Insurance Coverage Quality Control
August 4, 2014 / by KMRD Partners / Coverage Hall of Shame, Insurance Coverage / 0 comments
This scenario represents an actual coverage flaw in an insurance program of a well run, profitable business. A mobile allied health firm in the business of retrieving blood and urine samples from patients at their homes reimbursed their nurses for the use of their personally owned vehicles throughout the business day. An unfortunate catastrophic accident […]
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