Many purchase insurance without properly understanding the process of a claim. Most reasons being to simply comply with their banks loans or purchase a car. However, this can lead to experiencing problems when they actually get into an accident. Frustration rises as they try to solve the unfamiliar issues based on their expectations rather than […]
Car accidents not only result in increased auto insurance premium but also affect the life of you and your family members. In this article we’ll be taking a closer look at the leading causes of car accidents and how to prevent them. Among the various causes of auto accidents, the 3 major dangers that are […]
Except for a few states including Texas, most states require employers to have Workers Comp by law. Some states exempt businesses with less than 3 or 5 employees are from obtaining Workers Compensation. An insurance agent will be able to provide more detail on the specific guidelines of your state. Workers Comp is regulated on […]
Although auto insurance is mandatory, there are cases where you get into an accident with an uninsured driver. A coverage that can protect you from such situations is Uninsured Motorist Coverage (UM) and Underinsured Motorist Coverage (UIM). This coverage not only protects you from accidents where the other driver doesn’t have liability insurance but also […]
The economy is gradually recovering from the pandemic, but there are still many business owners that are facing difficulties. This is due to the fact that other than sales; businesses are still exposed to various types of property and liability risks. In fact, these risks can be more threatening than losses from poor sales. What […]
Compared to the majority of homeowners having home insurance, only about 20% of renters have rental insurance. This leaves many renters exposed to sudden accidents without any protection. One of the main reasons is that many renters are unaware of what a renters insurance actually is. This article will go over the basics of what […]
Regards to drinking related accidents and insurance, there are two major kinds of policies. First, Liquor Liability Insurance for stores or restaurant owners who serve alcohol. Second, SR-22 filing in an auto insurance for those who have DUI. According to statistics from the U.S. Department of Transportation, there are about 16,000 accidents involving drunk driving. […]
Did you know that your credit score affects your auto and home insurance rates? Nearly all major auto and home insurance companies now review your credit score when providing quotes. Let’s take a closer look at how your credit information is used and how it affects your insurance premium. What is a credit score? A […]
Some refer to insurance as an umbrella that protects you from accidents that are like sudden rain. Whether minor or major, there are a significant number of lawsuits in the U.S., holding the other accountable to receive compensation. In addition, the cost to hire a lawyer also varies greatly depending on the degree of skill […]
Q) Do I still need to keep my homeowner’s insurance after paying off my mortgage? After you have paid off your mortgage and obtained full ownership of your home, it isn’t mandatory to have a home insurance. However, considering that a home is your biggest asset, it’s only natural to continuously protect it. Homeowner’s insurance […]