We have pointed out in the past that many people don’t speak the language of “insurance”.
No different than medicine, the insurance industry has terms and words that have a specific meaning. If you don’t speak the language, then you don’t understand what was said.
An apartment complex owner learned this lesson the hard way.
An insurance agent was held responsible for failure to obtain workers’ compensation coverage. In a blog post by Tred Eyerly, a summary of the decision is set forth. Essentially, the agent held herself out as an expert on insurance for certain types of automotive dealerships. The plaintiffs purchased insurance without specifying any particular type of
