Posts by activeblogs

5 Tips for Purchasing Investment Property Insurance

Posted by on Oct 25, 2018 in Property Insurance | Comments Off on 5 Tips for Purchasing Investment Property Insurance

A wise way for homeowners to make additional income is to invest in properties to rent, manage, or renovate and sell. But without the right kind of insurance, these properties could potentially lead to lawsuits that could put homeowners’ other properties and assets on the line. Many landlords don’t realize they need additional insurance policies once they purchase additional properties to sell or rent to residents. Making sure you choose the right kind of insurance for your investment properties is an essential part of the purchasing process. If you’ve recently acquired an investment...

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Is an Umbrella Insurance Policy Right for You?

Posted by on Oct 11, 2018 in Personal Insurance | Comments Off on Is an Umbrella Insurance Policy Right for You?

One major lawsuit can have the potential to drain a bank account and leave those involved with nothing — even if the incident was a complete accident. Therefore, nearly every state requires drivers to carry auto liability insurance and many protect their property with homeowners liability insurance. However, basic coverage might not be enough in certain situations. Accidents could easily become costly. If expenses exceed what liability insurance covers, the remaining damages become out-of-pocket costs if umbrella insurance policies aren’t in place. ☂️ What is an umbrella...

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3 Must-Haves on Your Auto Insurance — and 3 Should-Haves

Posted by on Sep 27, 2018 in Auto Insurance | Comments Off on 3 Must-Haves on Your Auto Insurance — and 3 Should-Haves

Most of us rely on our vehicles to get to work, the store, and to social engagements every day. Because of this reliance, it’s important to get the insurance coverage you need to protect both yourself and your vehicle in case of an accident. Automobile accidents can cost thousands of dollars of property damage and bodily injuries — and that might just be to one driver! That’s why almost every state requires motorists to have insurance for their vehicles. The minimum amount of insurance you need varies by state, but most states require you at least carry liability insurance. In most cases,...

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6 Traits to Look For When Choosing an Insurance Provider

Posted by on Sep 13, 2018 in Insurance Providers | Comments Off on 6 Traits to Look For When Choosing an Insurance Provider

Insurance is a necessity in today’s world. One car accident, fire, or other disaster could leave you paying hundreds of thousands of dollars in damages, legal fees, or hospital bills. Because of this critical need to protect yourself, your family, and your assets, you’ll want to select a great insurance plan. With so many insurance providers on the market, however, selecting one can be difficult. If you choose the wrong company, you might have to deal with endless claim headaches, misunderstood policies, or much worse. To save yourself this hassle, you should put time and effort into...

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What’s the Difference Between ‘Replacement Cost’ and ‘Actual Cash Value’ Insurance Policies?

Posted by on Aug 30, 2018 in Business Insurance, Franchise Insurance, Personal Insurance | Comments Off on What’s the Difference Between ‘Replacement Cost’ and ‘Actual Cash Value’ Insurance Policies?

The worst has happened: Someone stole your car and stripped it to pieces! Now, all you’ve got left are fond memories of your slick ride and an insurance policy claim to file. All you want to do is put this whole ordeal behind you, buy a new car, and never look back. But will your insurance payout cover the cost of that same car? Understanding “replacement cost” versus “actual cash value” when it comes to your policies is important. Replacement cost Replacement cost policies will pay out the cost necessary for a direct replacement of the item covered. So, for example, if your vehicle was a...

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