We believe the use of automobiles represents one of the greatest financial exposure for our clients. Some of the largest claims and settlements in our industry have to do with accidents in automobiles. The Insurance Research Council estimates that nearly 15 percent of U.S. drivers have no automobile insurance (closer to 25 percent in Florida). Of drivers who are insured, 20 percent purchase only the minimum liability limits required by law. Having the proper coverage and protection limits in place with the proper insurance company is critical, not just in an accident where you are at fault, but also if you or your passengers are injured or your property is damaged.
As your personal risk manager, we will develop a comprehensive solution to minimize these liability exposures. Bullen can also develop customized solutions for collectors of antique and exotic automobiles to better protect these works of art and accurately reflect their use and risk profile.