Smart Homes= Lower Insurance Rates
Posted: March 24, 2015
Smart Homes May Lead to Reduced Premiums When the auto industry introduced smart cars, the insurance industry had to figure out how to insure them. Luckily, engineers intended smart cars to be safe cars. Recently, the 2014 Smart Fortwo and the Scion iQ received "Good" scores in three out of four crashworthiness tests conducted by the Insurance Institute for Highway Safety (IIHS). This certainly makes...
How to Handle Homeowners Policy Exclusions
Posted: February 17, 2015
Car-less But Still Need to Drive? Only have a business auto policy? Paying for one's own vehicle in addition to gas and insurance is just too costly for many Americans today, according to Matt Moore, vice-president of the Highway Loss Data Institute (HLDI). As a result, the number of people who are using other methods of getting from place to place - such as car...
Top 10 Insurance Terms
Posted: January 2, 2015
Directors and Officers Insurance: Debunking the Myths Companies often don't believe they need the much-misunderstood commercial liability insurance product known as directors and officers liability insurance (D&O). Acts leading to claims: This liability insurance provides protection from financial damages and covers legal defense expenses from claims relating to things like mistakes omissions breaches of duty misleading statements or misstatements neglect D&O insurance protects individual directors...
Dos and Dont's in Examining Your Auto Policy
Posted: January 2, 2015
How to Ring in a Happy New Year With Peace of Mind We know that risks from burglaries and house fires increase during the holidays; however, there are risks to your home all year round. Here's how to ensure you're protected in 2015. Purchase insurance. Many renters believe they have coverage from their landlord's insurance in the event of a fire. In fact, the...
Avoid these 5 Mistakes when Buying Car Insurance
Posted: December 4, 2014
Ensure Your Special Items Receive Special Coverage Even though your homeowners insurance allows you to pick an amount of coverage for personal property - your personal belongings inside the home - you may be surprised that your policy includes limits on certain items; most are higher-end items, such as cameras, electronic equipment, guns, and jewelry. So, if you buy a policy with $50,000 in personal...
