• Rayne Louisiana Homeowners Insurance 

    Rayne Louisiana Homeowners Insurance – Quotes Available 24/7! 

    Rayne Louisiana Homeowners Insurance When you are searching for Rayne Louisiana Homeowners Insurance there is a special name you can trust! 

    Hearod-Lyons Insurance Group is a leading independent agency in Louisiana and we can help you find the coverage you need at a price you can afford. 

    We offer competitive options on car, business, life, and homeowners insurance in Rayne Louisiana and the surrounding areas. 

    You can call 337-514-2153 to speak with our courteous and licensed agents during the week, but if you find our website after hours or on the weekend use our convenient online rate quote system available 24/7 by clicking any of the links below for the insurance you need: 

    Rayne Louisiana Homeowners Insurance – Buying the Wrong Coverage & Amount Can Affect You Forever! 

    It is so very important to purchase sufficient coverage to protect your financial interests. In a series of articles we have considered a tragic injury that occurred on the property of Bradley Hunter who was sued for $2 million. 

    Tony Howser suffered a permanent injury that left him paralyzed for life. At the ripe age of 17 his future looks bleak and Tony’s parents by means of this litigation want to hold Bradley accountable for something called Negligent Supervision of a minor.

    In another post we will get into more details about Negligent Supervision of a minor and how any parent could be held liable. 

    The bottom line is that when you are setting up your insurance coverage for your automobile, home, or your business, the type and amount of coverage you purchase will either save or crush you financially. 

    Let’s find out what happened. 

    Rayne Louisiana Homeowners Insurance – Financial Judgment Day for the Hunters. 

    There was no question that if the lawsuit against Bradley Hunter went to trial, he would lose.

    Bradley’s insurance company was very well aware that the deck was stacked against their policyholder and so they made a number of negotiated offers to the attorney representing Tony Howser. 

    They finally settled on $1,750,000. 

    You might recall that Bradley asked the claims adjuster if his $2 million umbrella policy would cover this claim, and it did. 

    This is how it all played out. Bradley had $500,000 of coverage on the liability section of his homeowner’s insurance policy, so $500,000 from his home policy was forwarded to the plaintiffs’ attorney. 

    The remaining amount of $1,250,000 came from the umbrella policy that Bradley Hunter had the foresight to purchase years ago. 

    Bradley had purchased a $2 million umbrella policy. 

    This was a very wise decision on Bradley’s part. What if Bradley only purchased a $1 million umbrella policy? Bradley would’ve been responsible for the additional $250,000 out of pocket. 

    What if Bradley had never purchased the umbrella in the first place? 

    His only alternative would be to file personal bankruptcy. If he filed under a Chapter 7 all assets would be liquidated. 

    While it is true this is a fictitious account, if a true situation similar to what we discussed develops, a large payout would likely occur. 

    Negligent supervision of a minor is a real, actionable situation for litigation. We will discuss this in a future article.

    Rayne Louisiana Homeowners Insurance – What Can We Learn from This Account?

    Make sure you purchase the right coverage and amount. An umbrella insurance policy is an excellent idea even if you feel that you do not possess sufficient assets. Umbrella insurance is very affordable and it could become very necessary in the future for you. 

    Why not call us today for a free policy review? It’s important to ensure you have sufficient coverage to protect your current financial assets as well as future financial assets that you may acquire. 

    It’s too late to buy the coverage you need after the claim occurs. 

    Call 337-514-2153 to speak with our agents Monday through Friday 8:30 AM to 4:30 PM Central Standard Time. 

    If you find this after hours or on the weekend use our online rate quote system that is available around the clock. Our system will give you a rate quote in five minutes or less from top-rated companies in our area. 

    Click any of the links below for the insurance type you need:

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    Landlord Insurance Rayne

    Posted on December 6, 2016 by WIN Admin

    Landlord Insurance Rayne – Great Rates Can Be Found Here! If you own any type of investment properties in Louisiana including single-family residential units or apartment buildings and you’re looking for superior rates and coverage on Landlord Insurance in Rayne Louisiana or the surrounding areas make sure to reach out to the Landlord Specialist at […]

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    Posted on November 28, 2016 by WIN Admin

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    Posted on November 22, 2016 by WIN Admin

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    Posted on November 16, 2016 by WIN Admin

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    Posted on November 11, 2016 by WIN Admin

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