Entries by Dale Williams

Top 10 Car Insurance Rates 2019

Which Top 10 Car of 2019 Has the Best Insurance Rate? Now that we’re well into the new year, and the holiday expenses have been absorbed, car manufacturers have flooded the market with their respective new and improved ‘toys.’ Undoubtedly, each new 2019 model car is far better than last years, and a must have […]

Rental Car Insurance – A Trip to New Zealand

Welcome to Ben’s Chronicles Hello! I’m Ben from EINSURANCE. Trust me, I know there are plenty of things we’d both probably rather be doing than discussing insurance. But although insurance gets a bad rap, it does have its benefits; especially when you find the right coverage and carrier. Unfortunately, throughout my life I have had […]

Cyber Security Insurance for Small Business

Cyber Security Insurance Cyber security insurance (also knows as cyber liability insurance), is designed to protect small businesses against many kinds of cyber attacks, including business interruptions, data breaches, cyber crimes, etc. What Does Cyber Liability Insurance Cover? Many cyber liability policies provide both first- and third-party coverage. First-party coverage pertains to a firm’s direct […]

Am I Covered for Mental Health Treatment?

Mental illness has historically been a very difficult topic to discuss. Not just from a societal standpoint, but from an insurance one as well. It’s been quite taboo to share mental illness difficulties, or trips to the doctor for those difficulties with the greater public. Thankfully, this nuance has gotten progressively better over the years. […]

Mortgage Protection Insurance – What You Need to Know

Mortgage Protection Insurance Mortgage Protection Insurance (MPI), also known as mortgage life insurance, is designed to protect your family from mortgage payments in the event you die or are unable to work anymore. Mortgage life insurance is similar to term life insurance in how it works. Why You Need It? 1. Your family members will […]

Home Sharing Insurance – Do You Need It?

Home Sharing Home sharing is a situation where people share their home, or portions of their house in exchange for compensation. With the rise of companies such as Airbnb, the home sharing business has become increasingly popular. Home Sharing Liability Insurance However, home sharing risks that cause claims are usually not covered by the standard home/renters […]

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 needing to file 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 those specific […]

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 […]