If you own a car, you need auto insurance. It is that simple. Unfortunately, it isn't enough to simply have car insurance. You need to make sure you have the right kind of coverage to meet your needs. These are a few basics about auto insurance that will help you make better-informed choices when buying insurance protection for your vehicle. Liability-Only Auto Insurance If your car is paid for and you owe no money to a bank or other lender on your vehicle, you may elect to purchase liability-only insurance.
The choice of insurance carrier determines the policy you get, the level of customer service to expect, and even the claim process in case of a loss. The insurance industry has numerous insurance companies, but you can categorize them into two—admitted and non-admitted. Both carriers can sell you coverage, but your relationship with them will be markedly different. Below is an overview of these categories of insurance companies. Admitted Carriers
Are you in the process of starting a new business? If so, you need to consider a few different insurance policies. They each have their own purpose and can save you a lot of money, time, and effort in the long run. Discover three types of insurance you should have for your startup business. Read on for more information. Professional Indemnity Insurance If you are offering any type of professional advice or services, you need to have professional indemnity insurance.
When your child graduates from high school and heads off to college, this move does not mean that you are no longer responsible for ensuring your child has adequate auto insurance. Driving with insurance is a safety parameter that is necessary no matter where the child is. However, particularly, if this move transcends across state lines, there are some important factors to keep in mind when it comes to your auto insurance policy.
One of the things you need to do after buying a home is to ensure it's protected against fire, theft, and other calamities. You can accomplish this by purchasing a homeowners insurance policy from a reputable insurance company. But before you sign any contract with an insurance provider, you will need to do your homework. After all, you want to ensure your policy covers all the intended mishaps and create a financial plan that meets your goals and needs.
Purchasing insurance — the right insurance — is one of the smartest things you will ever do. While there are definitely differences between homeowners, car, life, and health insurance policies, they all serve the same purpose when it comes down to it. Insurance protects you against financial ruin should a tragedy happen in your life. In the case of homeowners insurance, that tragedy could be a fire or a flood. In the case of life insurance, that tragedy would be your death. The more you learn about insurance, the better the decisions you'll make when purchasing it. So dive into the articles here, and start reading.