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... Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Comparing Apples To Oranges 5/24/2013 12:00:00 AM by CompleteMarkets Editor , Bill Wilson This content has not been rated yet. You've seen the commercials: Call now and save 15% or more on your car insurance! ' Unfortunately, when someone's selling substandard coverage or service, their only marketing ploy is price. So, their advertising campaign leads consumers to believe that the only difference between insurance companies is price. This document by Bill Wilson illustrates the perils of comparing apples to oranges. Here's a question our Ask an Expert' service received recently: Our insured's car was stolen and destroyed. The carrier denied the claim because his keys were in ... doesn't cover theft without evidence of forcible entry. Anytime an adjuster denies a claim, they must show where in the contract it states that the loss isn't covered. The insured and the agent should read the policy to determine whether coverage exists. Under the current ISO policy, there's no requirement for evidence of forced entry to substantiate a theft claim. Theft' is simply the unlawful taking of someone else's property. Likewise, there's no exclusion when a vehicle is stolen as a result of someone leaving their keys in the car. According to several of our faculty members who have reviewed many Auto policies, it's very unusual to include policy language that excludes theft under these circumstances. However, the policy in question is not an ISO form. According to this proprietary company form: This policy does not ...

...unately, when someone’s selling substandard coverage or service, their only ma...e unlawful taking of someone else’s property. Likewise, there’s no exclusion w...

...high turnover, poor morale, and substandard productivity. This ar...ry experience (in both the Life and Property/Casualty fields), you may have to...