Renters liability insurance is a coverage that’s included in a standard renters insurance policy. Its purpose is to protect the policy owner from lawsuits and pay for damages caused to other people or their property. Most renters liability policies include $100,000 of this coverage built in, according to the Insurance Information Institute (III). But you can […]
Key Takeaways: Most states require you to carry bodily injury liability (or compulsory) coverage at a minimum. Insurance experts recommend, at a minimum, $100,000 in bodily injury coverage and $300,000 in property damage coverage which is far more than most state-mandated limits. When looking at liability car insurance coverage, remember to compare quotes to find […]
The first step prior to writing the cancellation letter is to look to your policy to see if there are any provisions regarding cancellation and notification of your insurer. There may be instructions regarding how to cancel your policy – how many days not
Colorado homeowners insurance is usually mandatory for home buyers with a mortgage. And if you don’t have a mortgage, it’s important that your financial investment in a home is protected from disasters with homeowners insurance. Today, we’ll cover everything homeowners need to know about Colorado home insurance. We’ll answer your most common questions like: What […]
A host liquor liability insurance policy protects businesses that serve alcohol to guests, occasionally. If a guest leaves your special event after a few-too-many eggnogs and causes a car accident, your company won’t be held liable for the damage. Sometimes this coverage is built into your general liability policy already, but the limits of liability […]
So lots of small business owners drive their own cars on company business and rely on their personal car insurance. But, the few dollars saved on car insurance premiums could end up being an very expensive decision.
Extended replacement cost coverage is an option available on most homeowner’s insurance policies. If you are a first-time homebuyer, you might not understand what this coverage can do, or understand its limits. So today, we’re taking a close look at extended replacement cost. We’ll answer questions like: What is extended replacement cost (ERC) on a […]
Consumers often have some confusion about car rental insurance. Usually, when people ask us about rental car insurance, they have one of four questions: Will my car insurance policy pay for a rental car? Does my car insurance cover damage to my rental car? If I have an accident in the rental car, does my […]
Travel insurance for seniors can protect your health and finances while you’re traveling out of the country. It’s especially important for American seniors because Medicare will not cover health expenses when you’re outside the US. Remember, anyone can fall, be a victim of theft or identity theft, or experience a weather catastrophe while out of […]
Used car insurance policies work the same as new car insurance policies. If this is your first time insuring a car, you’re in the right place. Today we’ll discuss how car insurance works with used car owners and first-time car owners in mind. We’ll introduce you to concepts like liability, full coverage, comprehensive and collision […]
Small Business Owners and entrepreneurs may find it a challenge to keep up with regulations regarding health insurance requirements for their employees. You’re busy growing your business and fulfilling your orders and obligations. You don’t have a huge HR department to keep track of small business health insurance requirements, and you don’t have time to […]
Non-standard auto insurance is specialty insurance for high-risk drivers. It’s always more expensive than a standard auto insurance policy. Put another way, non-standard auto insurance provides the exact same coverage as a standard auto policy, but since it covers a high-risk driver, it will cost more. Today we’ll cover some reasons one would need this […]
Defamation insurance coverage exists to protect businesses from a lawsuit after an incidence of defamation, whether it was intentional or not. Here, we’ll discuss what defamation is — including terms like slander and libel — and how this important insurance coverage protects businesses in instances of misguided advertising or communications. Please note that the information […]
Many Texas homeowners are shopping for new property insurance in the wake of winter storm Uri. Between billions of dollars in storm damage, and skyrocketing materials, labor and fuel prices, Texas consumers are frustrated with their insurance companies and the claims they are receiving. In some cases, homeowners have learned that certain types of storm […]
Workers compensation insurance, also called “workers comp,” is designed to protect employees’ wages if they are injured at work. Often, workers comp insurance also protects an employer from a liability lawsuit after a staffer gets hurt. A worker’s comp settlement occurs when an injured employee is paid the wages they missed while recovering from an […]
The average American will spend almost $100,000 on car insurance during their lifetime. Some of those costs are fixed, meaning there’s very little a consumer can do to change them. Young, inexperienced drivers will usually pay significantly more for auto insurance. Historically unsafe drivers or those with a host of traffic tickets will also pay […]
Car insurance requirements vary from one state to the next. Today, we’ll cover the minimum insurance requirements of each state for a private vehicle to be driven on the road legally. Before we begin, it’s important to note that you might have more complex auto insurance needs that aren’t covered by state minimums, especially if […]
Nothing about divorce is easy. If you’ve relied on your spouse for group health insurance through their employer, you’ll need to find new health insurance after your divorce. You’ll need to move quickly, too. Because the moment your divorce is final, his or her health insurance provider no longer recognizes you as a spouse. If […]
