Imagine the horror of coming home to find your belongings destroyed or stolen. Then you find out your landlord’s insurance won’t cover your losses. Most people know the legal requirements relating to car, health, and homeowner’s insurance but often do not consider optional coverage, such as renter’s insurance.
If you own a vehicle and insure it, you know auto insurance rates are rising. Even if you have a clean driving record, you’ve likely seen your rates inch higher over the past few years. The average premium has risen by 16% since 2011. The reasons for this are manifold.
It’s hard to imagine anything could be as damaging to your home as winter storms, but the truth is spring and summer — with their inclement weather and sudden, severe storms — can be even more dangerous than winter. Once a storm hits, there isn’t much you can do but weather it. Therefore, it’s important to prepare yourself and your home in advance. But those aren’t the only things you need to protect. Homeowners and drivers can take steps to prepare their property against weather damage in the months ahead.
With summer nearly here, it’s time to whip out the barbecue and pull the boat out of the shed. However, be sure to keep in mind summer is also “trauma season” for hospitals. Children are more likely to be injured in summer. Follow summer safety tips and insure yourself and your family to keep accidents — and related costs — from derailing your summer and to keep everyone happy and healthy all season long.
There has been a dramatic increase in distracted driving related accidents in the United States because of phone and other electronic device usage — particularly among teenage drivers. This epidemic has drastically increased automobile accident rates and, unfortunately, the number of vehicular injuries and deaths.
It’s impossible to turn on the news these days and not hear something about hackers accessing secure email servers, performing large-scale credit card hacks resulting in data breaches, and much more. Owners of businesses large and small have been cyberattack and breach victims, paving way for the new cyber liability insurance sector.
Identity theft is a real concern for everyone. Even children as young as five months old are vulnerable, which represents a problem that will likely continue to grow. College students have a risk three times higher than others of being fraud victims. But identity theft may be an even bigger concern for seniors: Identity theft increased 25% among seniors between 2012 and 2014. While seniors may have a lower risk of identity theft than other age groups, they tend to be more vulnerable.
Does the impending arrival of spring and associated traveling bring a vacation home to mind? A vacation home is an ideal goal for many and can even be a solid investment strategy to aspire to. Part of that investment should include insurance coverage.
Running a business can come with an extensive list of day-to-day concerns from making sales and creating marketing and branding campaigns to keeping employee morale high and a hundred items in between. It can be easy to get buried in business aspects that demand your attention every day, but it’s imperative you not forget about the rare but devastating occurrences that could sink your business if you’re unprepared. One of your top priorities should be protecting your business, property, employees, and yourself from unforeseen events through restaurant or franchise insurance.
Owning a franchise restaurant or any other small business is a costly endeavor. You have your building, staff, supply costs, and more to think about. Savvy business owners are always looking for ways to streamline processes, become more efficient, and ultimately cut costs, but one place many owners fail to look at is insurance costs.
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