No one purchases SR22 insurance unless they are told that they have to buy it, and why is it that people have to buy this type of insurance? Well, the main reason is because the DMV tells them they have to if they want to continue having the right to drive. People who are high-risk drivers will often need this type of coverage to continue driving, which means that you must purchase an SR22 policy if you are told that you need it.…
Read More »When you set out as a business owner, there are a lot of important investments you will make in your business. However, few are far as important to protecting the livelihood of your business operation as commercial or business insurance. If the unthinkable happens, whether someone is injured on your property or a natural disaster occurs, it is your business insurance that will be your saving grace. Working with a qualified business insurance agent is the easiest way to make sure you get the proper coverage.…
Read More »Having full-coverage insurance is one way to protect your car if you cause an accident, and your policy may cover the reimbursement for something called diminished value. If you are ever in a situation where your car experiences a lot of damage, you may want to consider asking for compensation for diminished value. The definition of diminished value Diminished value is a term you will hear after a car is damaged from an auto accident or something else.…
Read More »If you own your own business, you need to have business insurance to protect you and your employees. To help you, below are three types of business insurance that is available to you can you can choose what you would like to purchase. Workers’ Compensation Insurance In most states it is the law that you provide your employees with worker’s compensation insurance. Even if this is not a law for your state you should still consider having this.…
Read More »Commercial insurance policies protect your small business from financial losses resulting from situations outside of your control. For example, a general liability policy protects your business in case someone slips and falls in your parking lot, and a workman’s compensation policy protects your business if an employee is injured on the job. Since your business pays a fair amount of money each month in insurance policy premiums, it is important to do everything you can to prevent filing claims.…
Read More »Technology has changed the way that modern companies do business. Transactions are completed online. Sensitive customer information is collected using credit card terminals and other devices. These online transactions and data capture activities can leave your company liable for any security breaches that result in sensitive customer information being compromised. Cyber insurance can offer financial protection against the lawsuits, notification process, and other damages a data breach can cause. Reimbursement Coverage…
Read More »Are you out of work because of an injury that led to a permanent disability? If you cannot walk or perform certain tasks in the way that you were able to in the past, working a traditional job may be completely out of the question. If you are now receiving Social Security Disability benefits, you can apply for Medicare, a type of program that provides insurance to the elderly and to those who are disabled.…
Read More »Homeowners insurance is designed to protect your home and all of the property inside. In the event that these items are damaged because of specific weather events, natural disasters, or lost through theft or vandalism, your homeowners insurance policy will reimburse you for the value of the lost items. However, there is usually either a monetary or percentage limit that homeowners insurance policies will apply to personal belongings that are covered.…
Read More »If you want to ensure your property has the proper coverage on it, you’ll want to get homeowner’s insurance. Doing this is the key to reducing the possibility of a few financial disasters. For instance, your home was damaged by a fire or storm; you could suffer a lot of losses without insurance. However, you’ll want to keep your payments low and to know effective ways to do so may allow you to reach this goal.…
Read More »If you are completing some renovations on a commercial building, then you always want to make sure that you are properly covered with a builders’ risk insurance plan. This way, you can reduce your risks in case accidental damage occurs. You should also look at adding on an extension policy in certain situations. Keep reading to understand what this means and also when it is best to do so. Understanding Risk Insurance…
Read More »