An insurer is an organization that provides insurance, while insurance is a contract between two parties, where one party (the insurer) agrees to pay for the other party’s (the insured’s) losses in exchange for a payment (the premium). The insurer assumes the risk of the insured’s loss, and the insured pays the premium in exchange … Read more
Capitalizing “Insurance” depends on its usage in a sentence. When referring to the specific industry or company, “Insurance” should be capitalized as a proper noun (e.g., “I work in the Insurance sector”). However, when used as a general concept or as a common noun (e.g., “I need to purchase insurance for my car”), it should … Read more
In California, drivers are legally required to carry uninsured motorist insurance. This coverage protects you if you’re in an accident caused by an uninsured driver. Without this coverage, you could be left financially responsible for medical bills, property damage, and lost wages. Uninsured motorist insurance is relatively inexpensive and can provide peace of mind. It’s … Read more