3 Reasons Every Modern Home Should Be Insured

If you are a homeowner, you need insurance. Some homeowners think of insurance as something that is optional, and if you already have the deed to your home, it may be. However, it is important to understand why home insurance should be viewed as a matter of necessity rather than an option. For most individuals, a home represents one of their major lifetime investments especially if they never have intentions of selling their first home or getting a second home.

Ensuring a Multi-State Company Meets Workers Compensation Insurance Laws

Workers' compensation laws differ from state to state. Some have very strict rules while others have lax rules or even no rules about providing workers' compensation insurance for employees. If your company is opening branches in other states, these laws could prove to be tricky to work with if you're not careful. You can't assume that your state's requirements (or lack thereof) for workers' compensation insurance will apply to all your branches.

Why 'self Insuring' Is Dangerous And How To Find A Better Way

Are you considering the idea of 'self-insuring'? Self-insurance is attractive to many people as a money-saving option, but it can be a dangerous move as well. To protect yourself and your finances, here are a few tips for anyone thinking about self-insurance.  What Are the Dangers of Self Insuring  Self-insuring is simply the choice to avoid purchasing a personal insurance coverage policy and instead relying on one's own income and assets to cover potential bills.

Common Instances That Signal The Need For A Commercial Insurance Review

 If you have been operating your business for a long time, and everything is going well, it is easy to assume that it is okay to keep everything the same. However, this type of mindset when it comes to insurance can be a problem. In the same manner that you like to spruce things up and change the services or goods you offer your customers now and then, it is a good idea to take the same approach to your insurance needs.

Why You Might Want to Buy Insurance From an Independent Agency

Carrying insurance on one thing or another is just a part of life. You might not like the idea of shelling out money every month for something you won't technically use unless something goes wrong, but the moment things do go sideways, you'll be grateful that you have enough coverage to help you recover from the situation. There are many different ways to obtain insurance these days, and plenty of different insurance companies out there to compete for your business.

Risk Levels For Auto Insurance And Determining Which One You Are

The primary factor that affects the auto insurance rates you pay is your risk level. When insurance companies provide quotes for you, they determine what risk level you are and place you in a category. Most companies use three categories of risk levels. Here is an explanation of what the risk levels are and how you can determine which one you are. The Low-Risk Category If you have a clean driving record and no claims on file with any insurance policy you've had in the past, you might fall into the preferred risk category.

Tips For Getting The Right Home Insurance For Your Condo

Are you in the process of buying a condo for the first time? If you are, you will need to also buy home insurance. This is something you must do when buying any type of house; however, buying homeowner's insurance for a condo is not exactly the same as buying homeowner's insurance for a single-family home. Therefore, here are several things you should know as you begin looking for the right insurance coverage for your new condo.

Three Property Insurance Endorsements Worth Considering

Homeowner's insurance is a complex topic, and it can be easy to overlook potentially beneficial coverage options or to opt out of useful coverage to try to save a few dollars on your premiums. A typical property insurance policy will cover damage to a property's structure and contents against a variety of risks, but it may not be comprehensive enough for all homeowners. To expand basic coverage, insurance companies offer things that are commonly known as endorsements.

Pros And Cons Of Purchasing A Minimum-Coverage Only Auto Policy

The price you will pay for your auto insurance premiums will be based on many factors, but a big factor is the type of coverage you choose for your policy. The cheapest option you have is to pick a minimum-coverage only auto insurance policy, but before you do this, it is important to understand the pros and cons of having this type of policy. What a minimum-coverage policy is The first thing to understand before learning about the pros and cons is what a minimum-coverage only policy is in terms of auto insurance.

4 Things To Know About Homeowner's Insurance When Making A Home Purchase

Are you preparing to buy a house? If so, there will be some things you will need to do before you can close on the house and take possession, and one of these things involves purchasing homeowner's insurance for the house you are buying. As you work through the steps of buying a house, here are three things you should know about the homeowner's insurance you will need for your new house.