During the Dusting of 2014, Snowpocolipse , Gridlock of 2014 or whatever it will be remembered as I kept hearing the phrase “Your insurance will not cover you on a closed road” Some people stating this as fact were in places of prominence. The truth of the matter is I have never seen such a clause. Insurance is a written contract – read it. The fearless leader at Nationwide – Mark Pizzi – is preaching simpler language so non-industry people can read and understand the contracts. I applaud him. As technology gives more and more people the opportunity to choose their own coverage, it must be accompanied with knowledge. I look forward to the progress of insurance simplification. If we nationalize it – I hope it is done by the industry and not the government.
on April 19, 2014 at 2:25 pm
Posted In: Auto Insurance