Three Kinds Of Surety Bonds And When To Use Them
As a business owner, there may be times when you need to take out a surety bond. A surety bond is a contract that ensures you and the person for whom you are doing work both meet the conditions of a contract. Essentially, it is a type of insurance policy. If you don't meet the obligations of the contract, the bond will pay the other party who has signed the contract.
How To Receive A Gifted Car From Your Grandparent
A grandparent giving you a gift of a vehicle can come at a much needed time. Not having to pay for a car note will leave more income free to use for housing and other needs or savings. A car with no strings attached can help you on the path to becoming financially stable by providing transportation to and from work. Receiving a car as a gift is under a different class than purchasing the car from a dealer or a private seller.
When Should Your Business Move Up To A Better Commercial Insurance Policy?
More often than not business owners think about their personal or home insurance policy, but may fail to pay the same diligent attention to their business insurance. As a business owner it falls squarely on your shoulders to determine if your deductibles need to be raised or reduced. Failure to do this for business owners is not from a point of neglect but really more from a point of being overrun by many issues.
Auto Insurance Tricks For Older First-Time Buyers
A common mistake that all people, male, female, old, and young make when buying auto insurance, especially for the first time, is failing to shop around for the best premium possible. They instead settle on a quote from one auto insurance company which, more often than not, may be higher than other auto insurance packages. Comparing insurance packages need not be a daunting task and is fairly easy for people of all ages.
Will Your Homeowner's Insurance Cover Injuries From A Dog Bite?
If your dog ran out and attacked a pedestrian walking by your home, this person might end up suing you for the damages. When this happens, you will probably wonder if your homeowner's insurance will cover the costs of the damages. To answer this question, here are several things you should know about home insurance and dog-bite injuries. Most Homeowner's Policies Offer Liability Coverage When you purchase homeowner's insurance, it typically comes with liability coverage.
3 Important Times To Update Your Homeowner's Insurance Policy
Your homeowner's insurance is like a safety net. When you own your property and something damaging happens, your insurance ensures that the damages are covered so you are not left paying the bill on your own. While most homeowners know that home insurance is highly important, many pick up a policy and never make any changes to it at all. This can be a big mistake for several reasons. Take a look at some of the situations that can happen as a homeowner which should signal you to update your house insurance policy.
3 Reasons To Purchase Rental Car Coverage On Your Insurance Policy
When purchasing car insurance, you may be given the option to add certain extras to your policy. For example, you might be asked if you would like to pay for rental car coverage. What this means is that your car insurance company will pay for a rental car for you in certain situations, such as if you get into a car accident. You might be thinking about opting out of this additional coverage, but if you are like many drivers, it might be a good idea for you to add it on to your policy.
Learn How To Choose The Right Insurance For Your Small Business
When you own a business, having business insurance is essential. It can protect you from going into major debt if something happens at or to your business. The following guide walks you through a few things to know about the insurance you purchase for your business. Choose a Reasonable Deductible There are many business owners who make the mistake of choosing an insurance policy that has a very high deductible so that they can pay as little as possible for the insurance on a monthly basis.
Why You Need Adequate Insurance As A General Contractor
If you are a general contractor, then you probably have a lot of concerns on your mind. One thing that you might not have put enough thought into, however, is purchasing commercial insurance. If this is the case, then it's very important to consider purchasing coverage. These are a few reasons why it's so important for general contractors to be adequately covered. 1. Give Customers Peace of Mind For one thing, you probably want to do what you can to make customers and potential customers happy and to make them feel more comfortable with hiring your business.
Adding Umbrella Insurance To Your Policy
Liability insurance covers you in the case of an accident, but it only covers you up to a certain amount of money. Many people want more protection than what their liability insurance covers, and that's where umbrella insurance comes in. What is umbrella insurance? Umbrella insurance adds extra liability coverage to your auto insurance policy. Every auto policy has a certain amount of liability coverage that will cover property damage and bodily injury up to a certain point.