When Is Comprehensive Insurance The Right Choice?
Most people are familiar with third-party auto insurance—the basic coverage typically required by law. But what about comprehensive insurance? Comprehensive coverage is a bit more expensive, but it can be a lifesaver if something unexpected happens. Here are three times when it might make sense to purchase comprehensive auto insurance instead of third-party auto insurance. If You Live in an Area With High Rates of Theft or Vandalism If you live in an area where vehicle theft and vandalism are common, comprehensive coverage can come in handy.
What You Need To Know About Insuring Your Electric Vehicle
The current government administration has taken a firm stance on increasing the number of electric vehicles on the road over the next decade. President Biden issued an Executive Order calling for upgrades of federal vehicles to zero-emission vehicles and offering tax credits for anyone willing to upgrade. While many people are willing to buy them, others hesitate because they question how an electric vehicle affects their car insurance. Here are some things you need to know about car insurance services for your electric vehicle.
How To Reduce Premiums For Commercial Truck Insurance
Any business that carries a commercial truck insurance policy will want to control its premiums as much as possible. How does a company reduce its premiums, though? You can address the following 5 areas of concern. Drivers Hiring standards and practices are among your best tools for asserting some control over truck insurance premiums. Whenever a company brings on drivers, it should try to hire folks with as much experience as possible.
Things To Consider When Buying Homeowner's Insurance
As you finalize the details of buying your first home, one of the things that you should never underestimate is the importance of your homeowner's insurance. When it comes to buying a homeowner's insurance policy, there are many things to consider to ensure that you're getting the coverage that you need. Here's a look at some of the things that you need to discuss with your insurance agent. Market Value or Replacement Cost
Top 5 Reasons Why An Insurer May Cancel Your Car Insurance Policy
You can cancel your car insurance policy at any time for several reasons. Similarly, your auto insurer can also cancel your policy for various reasons. You will receive a written notice, and if you act right and fast, you may be able to turn things around. Why Cancel? Laws vary by state, and policies vary among car insurance companies. That said, here are some reasons why your auto insurer may decide to cancel your policy.
Do You Know What Your Auto Insurance Really Covers?
All too often, individuals find themselves in shock when they find out that the damage done to their vehicle is not covered under their auto insurance policy. This typically happens because individuals are not really aware of what protection each type of coverage offers. Consequently, they simply choose the policy with the lowest monthly premiums and assume that it will fully protect them. Thankfully, you can avoid finding yourself in this same position by taking just a moment to learn more about each type of auto insurance coverage so that you can make sure you are choosing a policy that really offers the level of protection you need.
Everything You Need To Know About A Commercial Auto Insurance Policy
If you own or manage a business with company vehicles or a delivery fleet, you are going to need a commercial auto insurance policy. Here's what you need to know. What is commercial auto insurance? Commercial auto insurance is a type of insurance coverage that helps protect businesses and their employees if they are involved in a car accident. This type of insurance can help cover the cost of repairing or replacing a business vehicle, as well as any medical expenses that may be incurred by employees who are injured in an accident.
Reasons Why A Flood Insurance Policy Is Always A Good Idea For Your Home
When it comes to homeownership, you do what you can to keep the house in good condition and likely protect yourself by keeping up with the coverage on your homeowners' policy. But there's one type of damage you might not have accounted for and this damage or incident could cause a world of financial hurt and major inconvenience for your family if it happens to you. Here's why your family should take out a flood insurance policy, even if you don't live in an area where floods are extremely common.
Need Insurance For Your Mobile Home? Know What Makes Up Your Coverage
Are you going to be purchasing a mobile home and need to purchase insurance for it? Mobile home insurance will help insure modular homes, manufactured homes, or even fifth-wheel campers in some situations. Here are a few things that will make up your coverage. Replacement Cost Vs Actual Cash Value Be aware that mobile home insurance can recover the replacement cost or actual cash value of the home. The difference between these two policies is that an actual cash value policy will only give you what the home and items within it are worth at the time you make a claim.
Cyber Liability Insurance Fundamentals: Things To Know
In a time when so much of commerce has moved online, and so many businesses are storing information digitally, hackers and data poachers have never been more rampant. Most businesses employ a cyber-security team or service to help protect that data, but that doesn't guarantee that your company and customer data will actually be secure. Vulnerabilities can be exploited, resulting in data breaches that can be costly. That's why you need cyber liability insurance for your business.