When you own a business, you want to make sure you have taken all the necessary steps to protect your business and assets. A very serious thing for you to realize is the importance of carrying business insurance. In order to learn more about business insurance, you want to review the following information on some of the most frequently asked questions about business insurance and their answers. Is business insurance legally required?
17 December 2019
Purchasing a home is a major investment. In fact, buying a home is typically one of the biggest financial decisions you will make in your lifetime. Since it has such a big impact on your financial life, it's important to protect your investment. Homeowners insurance protects your home and belongings in the event of natural disasters and other situations. While it is a necessity, it can be pricey. The average premium is $1,192 but rates can vary drastically depending on where you live.
13 November 2019
Homeowners' insurance is great, but the standard coverage doesn't apply to all risks. For example, standard home insurance won't help you out with several major catastrophes. However, you can buy catastrophe insurance for such risks. What It Is Catastrophe insurance protects you from losses associated with extreme disasters that can cause total damage or expensive losses in your home. The coverage is available for both natural and human-made disasters, such as wildfires, terrorist attacks, flooding, and earthquakes, among others.
12 October 2019
If you were living in a house you owned and now moved to an apartment because you sold your house, you will need insurance for the rental property, but it will not be the same type of policy as you had for the home you owned and lived in. Instead, you will need renter's insurance, and while renter's insurance is different than homeowner's insurance, there are similarities between the two types of policies.
5 September 2019
Whether you're getting ready to invest in homeowner's insurance for the first or fiftieth time, there are a few service options you should look for to ensure that you're getting the most bang for your buck over time in terms of convenience and peace of mind. Here are a few types of policies your new insurance company should be able to offer. Natural Disaster Coverage In addition to accidental fires and break-ins, your homeowner's insurance provider should be able to financially protect you if a natural disaster occurs such as a hurricane, tornado, or even a basic flood that happens in your community.
31 July 2019
Many people who have never owned a home don't understand how homeowners' insurance works. As a prospective homeowner, you need to brush up your knowledge of homeowners insurance since it will be a critical part of your home ownership. Below are some of the essential things you should know about home insurance. Factor Insurance Costs into Home Ownership Costs Home insurance is necessary and good, but it doesn't come cheap. The exact rates depend on various factors such as the location of the home, the size of the home, the construction, and even the value of the home's contents.
27 June 2019
If you are a first-time homebuyer and are preparing to close on the house you are buying, you will need to contact a homeowner's insurance agency to get insurance on the house. As a first-time homebuyer, you might not realize that this is a necessity when buying a home, and there might be some other things you did not know. Here are three of the most important things you should know as you prepare to buy homeowner's insurance when buying a house.
17 May 2019
Buying insurance may seem technical, but it is still something that you need to do. Buying auto insurance is often a personalized process as well, which is why it helps to know what pitfalls to avoid when going through the insurance buying process. #1 Don't Assume You Can't Afford Insurance Don't assume you can't afford insurance as they are very customizable. You can get the bare bones coverage at a lower price or pay more for more robust coverage.
29 March 2019
Defense Base Act (DBA) insurance is a type of insurance U.S. government contractors are required to carry when they work outside of the continental United States. Defense Base Act insurance provides a wide range of coverage for U.S. government contractors who work outside of the country. This type of insurance is designed to help U.S. government contractors, no matter where they are located or where they are working. Who Has to Secure Defense Base Act Insurance
30 January 2019
