Q: I loaned my car to a friend who was involved in a Florida car accident. Am I liable if my friend was at-fault? Yes, as a matter of fact, you are liable. There’s something called the dangerous instrumentality rule which basically means if you own this 2000 pound piece of steel that flies down the road and 50, 60 miles per hour, you are equally responsible as the owner of the vehicle as well as the driver. So plan on having a claim made Read More +
Q: Do I need new insurance policies after winning the Florida Lottery? A: After you’ve won the Florida lottery, really all your insurance policies should be reviewed for adequate coverage. So certainly your car insurance coverage should be increased, depending on what you already currently have, also property insurance. You can also get an umbrella, a $1,000,000 umbrella, on top of both your car insurance, and homeowner’s insurance. And also, heath insurance, some people don’t have health insurance, and if not, you certainly can afford Read More +
Q: What is liability insurance? A: Liability insurance is insurance that covers you in the event you’re in a car accident and you, in fact, are at fault. It prevents the injured party from going after your personal assets or your house or your salary, things like that. If you have car insurance and you have liability insurance, see if you can get the most insurance limits that you can reasonably afford. Nobody wants to be insurance-poor, but the minimum insurance in Florida for liability Read More +
Q: Should I cancel my phone number after winning the Florida Lottery? A: Depending on how much you’ve won. If you won a more modest amount, the press release will attract some media attention, but for those who win a larger amount, yes, it is very easy to cancel your cellphone number, home number if you have it, and just get a new number later in time. It is of utmost importance that you really preserve your privacy and your security.
Q: How long does it take to settle a Florida auto accident case? Well, the AMA guides to the evaluation of permanent impairment says that you basically need to treat for about six months or longer. Right off the bat we’re looking at about six months until a doctor can determine if you’ve got a permanent injury. If your case settles without filing suit, typically within the six to nine month range your case can be resolved. However, if a litigation has to be filed, Read More +
Q: If I miss work as a result of a Florida car accident, can my lost wages be recovered? Yes, car insurance that you own or that you have does allow for 60% of your provable wages. If you’re employed, your car insurance company will look at the average of your last 13 weeks salary. However, if you’re self employed, the answer is more complicated. Your car insurance company will pay for 60% of your lost wages based on income tax returns from previous years. For Read More +