Vandalism is a serious problem for business owners, and it can cause both financial as well as reputational damage. It is important to understand what is covered under your commercial property insurance policy and what isn't. In this article, we will discuss what kind of coverage is available for vandalism and malicious mischief, what is not covered, and what you should do if you experience vandalism-related losses. What’s Covered Under Vandalism and Malicious Mischief Coverage Commercial Read More
Things to Know About Borrowing Money from Your Life Insurance Policy
Posted on: January 11, 2023
As times get tough, many people are looking for creative ways to access extra cash. One option you may be considering is a loan from your life insurance policy. In this article, we'll discuss the types of policies you can borrow from, how a life insurance loan works, and how you can pay it back. By the end, you'll have a better understanding of how to use a life insurance loan as a source of extra funds. Policies That Allow You to Borrow From When considering a loan from your life Read More
Simple Yet Possible Ways to Reduce Your Auto Insurance Premiums
Posted on: December 21, 2022
While auto insurance is mandatory in most states, its cost makes it still optional for some people. The cost of car insurance depends on several factors, including the model and make of the vehicle, policy type, additional coverages included, driving record, etc. However, despite these, you can save on your auto insurance premiums. Read on to learn how. Leverage these tips to lower your auto insurance rates: Increase Your Deductible The deductible is the amount you need to pay Read More
Can Worker Claim Compensation for Non-Work Related Injuries?
Posted on: December 7, 2022
Most people are aware that worker’s compensation insurance covers workplace injuries received while carrying out regular job tasks. Such damages include falling off a ladder at the workplace or slips in the warehouse. These common workplace injuries are protected under worker’s compensation. What about injuries that an employee sustains off the premises of the employer? Do any of these occurrences fall under worker’s compensation? Read on to find out more. Injured Outside of Work – Will it Read More
How to Avoid Common Restaurant Business Insurance Claims
Posted on: November 23, 2022
The restaurant business faces unique risks and challenges, including food contamination causing illnesses to customers, injuries and violence from fights among patrons, slips and fall incidents due to food spills, etc. All these can lead to liability claims, demanding costly settlements. However, being aware of the common restaurant business insurance claims and how to avoid them can help save your restaurant from such unfortunate incidents and related losses. Here are the common restaurant Read More
Is Assessing Your Health While Applying for Life Insurance Necessary?
Posted on: November 16, 2022
Life insurance is one policy that you cannot buy right away. You need to qualify through a medical exam or by answering a few health-related questions that help insurance providers assess your health and fix your premiums accordingly. Let us discuss how one can rate their health when applying for life insurance and what impact it creates on the cost. How to Rate Your Health While Applying for the Policy? Based on your current health and existing medical conditions, you can rate your Read More
The Top 5 Ways to Avoid Furnishing Mistakes First-time Home Buyers Make
Posted on: October 19, 2022
Being a homeowner gives you a great deal of freedom in deciding how to design your house. Nothing beats the satisfaction of personalizing your living space to your liking. The job of decorating it, however, may often seem overwhelming to a first-time home buyer. From choosing color schemes to furnishings, and how much is too much, are all thoughts that race through your mind with no definitive answer. Here are a few tips to assist you in avoiding the most typical home furnishing mistakes made by Read More
How Hospital Acquisitions of Doctors’ Practices Have Increased Treatment Costs
Posted on: October 5, 2022
Hospitals have long been commonplace to purchase doctors’ practices or hire them directly. It has now almost been around for three decades. While access to a hospital's infrastructure could occasionally lead to better treatment options, there may be a few potential downsides. One of them is that a rise in treatment costs is inevitable with such acquisitions. Why Do Treatment Costs Rise When Hospitals Buy Out Doctors' Practices? The Affordable Care Act incentivizes hospitals to acquire Read More
How Easy Is It to Switch Auto Insurance?
Posted on: September 21, 2022
Typically, one does not have to wait until the policy renewal time to modify their auto insurance policy. Instead, you can call your insurer's customer care line or chat with your local agent to modify an existing policy. While many insurers don't charge you anything to terminate an existing coverage, some do. So, if lowering your coverage limits or raising your deductible on your current policy will help you save money, this may be all you need to do. When Is a Good Time to Change My Auto Read More
Thinking About Getting Renters Insurance? Here’s What You Need to Know
Posted on: September 7, 2022
Renters insurance is property insurance that protects the insured against liability claims and pays losses to personal items. It is also known as tenant’s insurance. Under this insurance, your landlord is liable for any injuries brought on by structural issues. This insurance covers anything from a studio apartment to an entire home. Purchasing tenant insurance could be a wise investment, even if you're only moving in or staying in a home for a year. It's likely the cheapest and most Read More