Entries by Dale Williams

Home Sharing Insurance – Do You Need It?

Home Sharing Home sharing is a way people sharing their entire home or portions of their house for compensation. With the rise of companies like Airbnb, home sharing business becomes more and more popular. Home Sharing Liability Insurance However, home sharing risks that cause claims are usually not covered by standard home/renters insurance, which means you […]

How Driverless Cars will Impact Your Auto Insurance Rates?

How will Driverless Cars Affect Your Auto Insurance Rates? If two drivers of traditional cars get into an accident, the auto insurance policy of the party at fault will cover the property and bodily damages sustained by the victim. However, when it comes to driverless cars like Tesla, it depends. If you are still able […]

When to File an Insurance Claim and When Not to?

When NOT to File an Insurance Claim? We all hope and pray that we do not find ourselves in the need of filing an insurance claim. In fact, insurance is one of the few products/services that you purchase in hopes of never having to use it. We want to take a magnifying glass and highlight […]

5 Common Insurance Missteps to Avoid

5 Common Insurance Missteps You Should Avoid There are many insurance missteps when you purchase insurance for the first time. EINSURANCE summarizes 5 common insurance missteps to avoid to help you find the best price for the right coverage. They are all very important and should be taken into consideration before you buy insurance. 1. […]

Winter Preparation – Did You Get Covered?

Winter Preparation Winter is coming. Your home, auto and business safety during the winter is dependent on how you prepare for whatever winter might bring. Make sure you and your family members are properly covered by health insurance, your auto vehicles are covered by auto insurance, and your homes are covered by home insurance. If […]

Am I Personally Liable for Business Debt?

Are You Personally Liable for Business Debt? Small business owners might all have one question in mind: am I personally liable for my business debts? The answer depends on the structure of their business and how their business was formed. Sole proprietorships, partnerships, limited liability companies, and corporations – different structures have different responsibilities regarding […]

Should You Self Insure and How to Self Insure Yourself?

What Is Self-Insure? Self-insure is a risk management method that people set aside some money to be used to remedy an unexpected loss other than purchasing insurance for protection. Generally, you are self-insured when you do not have an insurance policy covering risks. Should You Self-Insure? Self-insure against certain losses may be more economical than […]

Do You Need Umbrella Insurance?

Some forms of insurance are required by law (auto insurance, business insurance, health insurance, etc.). Some are not. One form of insurance that is often overlooked, but incredibly important, is umbrella coverage. What Is Umbrella Insurance? Given its essentially, ‘back up’ insurance, many people simply don’t bother with it. Wikipedia officially defines umbrella insurance as […]

When Is A Vehicle Considered Totaled?

When Does An Insurance Carrier Consider A Vehicle Totaled? Vehicles are considered to be “totaled” when the cost to repair the vehicle is higher than the actual cash value (ACV) of the vehicle. Generally, when the following equation > 100%: cost to repair + salvage value / ACV. Check Your State Requirement Will your vehicles […]

Can I Buy Multiple Insurance Policies for the Same Risk?

For most people, insurance is not the most exciting topic of conversation. As a result, most people attempt to get their insurance purchases over as quickly as possible. They also typically only carry insurance when it’s required, and when it is, it’s usually one policy per exposure/peril. Why Do People Buy Multiple Insurance Policies? However, […]

Actual Cash Value Vs. Replacement Cost

Actual Cash Value (ACV) Definition Actual Cash Value (ACV) is defined as the cost to replace with new items of same kind and quality, less depreciation. It’s not what you originally paid for the item. Replacement Cost Value (RCV) Definition Replacement Cost Value (RCV) is defined as the cost to replace the lost items. It […]

Should I Buy A Car with A Salvage Title?

Car with A Salvage Title – What Is It? Cars with salvage titles are vehicles that have been damaged and/or deemed total losses by the insurance companies that cover them. Things to take note of regarding salvage cars: To be considered a salvage car, the vehicle must be damaged to the point where repairs would cost […]

Catastrophic Insurance – Am I Covered?

In recent years, catastrophes have seemed to increase in frequency. Do you remember the 2018 California wildfire? It is the most destructive and deadly wildfire season on record in California. The fires have caused more than $3.5 billion in damages, including $1.792 billion in fire suppression costs. Many houses are destroyed. Are you covered for a […]

What Business Insurance Do Independent Contractors Need?

There will probably always be a tort law reform discussion within the United States. One side of the argument believes its far too easy to enter into litigation, while the opposing side believes the current system is fair. Regardless of where you fall along this spectrum, if you are a small business, or better yet, […]

5 Reasons Why You Should Buy A Dash Cam

The dash cam, or dashboard camera has become increasingly popular in the past few years because of its numerous benefits, which empowers drivers to take control of their car’s security and records incidents like vandalism, collisions, liability and theft. EINSURANCE puts together an infographic containing 5 reasons why you should buy a dashboard camera so […]

EINSURANCE – Who Is It?

EINSURANCE is a one stop shop for insurance quote comparisons. Our writers, researchers, and industry experts all work together to inform consumers about the online insurance marketplace, with topics ranging from auto, home, business, life and health, to various financial services, such as auto loans. We also provide the latest, and relevant news and information […]

What Factors Could Affect Your Insurance Rates?

There are many factors that could affect your insurance rates. For example, your age, your gender, marital status, claims history, credit history, previous insurance coverage, coverages and deductibles, insurance companies, etc. You should know that insurance companies take all of these factors into considerations. That’s why you should negotiate your insurance rates with your insurer […]

Homeowners Insurance Vs. Renters/Condo Insurance

Homeowners Insurance offers protection for you and your home against many common perils like fire, theft, vandalism, wind damage, hail damage, water damage (non-flood), riots, and explosions. Renters Insurance covers your personal property (clothing, jewelry, computer hardware/software, electronics, furniture and other valuables) if you rent a room or an apartment. Condo Insurance covers loss to […]