Investigation of Liability Claims

Insurance is designed to indemnify an insured against contingent or unknown losses. Insurance makes no sense if it can be purchased after the loss has occurred. For example, in California, “Insurance is a contract whereby one undertakes to indemnify another against loss, damage, or liability arising from a contingent or unknown event.”1 For there to be an insurable loss it is necessary that the loss, damage or liability arose from an accident, a contingent or unknown event.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.