Insurance Blog

April 11th, 2018 by Lightship Insurance

Having Kids = Needing Life Insurance

If You Have Children, You Probably Need Life Insurance According to a recent article in The Motley Fool, an alarming 75% of millennial parents currently do not have life insurance. A study by online platform Bestow indicated the reasons given by the millennials – the need to research insurance options and insufficient time – show they’re falling short when it comes to insuring their own... Read Article

What is Employment Practices Liability Insurance?

Is Employment Practices Liability Insurance a Must? Employment practices liability insurance (EPLI) is a form of errors and omission insurance and protects your business against employee claims of discrimination, which could be based on age, sex, disability, race, or other traits. EPLI also covers suits regarding harassment or wrongful termination. In fact, as its name implies, its key function is to provide coverage if your... Read Article

Avoiding Collisions between Vehicles and Animals

Avoiding Collisions between Vehicles and Animals There are over half a million large animal/car collisions each year. A significant number of these accidents involve fatalities – both animal and human – and most involve major vehicle damage. While these incidents are typically covered by comprehensive auto insurance, the best option is to avoid the accident altogether. Here are tips to prevent an animal/car collision, plus... Read Article

Will a Claim Raise My Car Insurance Premiums?

Will a Claim Raise My Car Insurance Premiums? You’ve been in an accident. What are your initial thoughts? If you’re like many vehicle owners, your mind quickly turns to the financial ramifications of the incident: “How much will repairs cost?” “If I make an insurance claim, will this accident increase my premiums?” Too often, car owners don’t file a claim for fear of potential rate... Read Article

How to Lower Your Property Insurance Costs

How Much Business Auto Insurance Does My Company Need? You probably realize you need insurance on your business vehicles. What you may not know, however, is what commercial auto insurance covers, what vehicles need coverage, and how much insurance you’re actually going to need. To help, here’s a quick overview of commercial vehicle insurance: What it covers: A business auto policy provides coverage for physical... Read Article