Restaurants serve a lot of customers and have multi-faceted operations, and this combination exposes restaurants to a variety of liability risks. If you run a dining establishment, here are three liability risks that you should get insurance for. 1. Someone Slips and Falls at the Eatery One of the most common risks that many businesses face is the potential of a slip-and-fall injury. Should someone who visits your restaurant slip, trip, or otherwise fall, your business could be held financially liable for any injury that results from the fall.
You're used to your auto insurance accident covering you on the road, so if bikes go on the road, does auto insurance cover bike accidents? Here's what you need to know. If You Hit a Bike With Your Car If you hit a bike with your car, it would be handled just like any other auto accident claim. Assuming you were at fault, the liability portion of your policy would cover the bike rider's injuries plus damage to their bike.
You should know which factors affect your home insurance rates. The knowledge can help you manage your rates, among other things. For example, location is one of the things that affect home insurance rates. Here are some location-dependent factors that affect home insurance. Natural Disasters Home insurance typically covers some disasters and excludes others. The type of policy you have determines which disasters your coverage applies to. For example, some basic policies do not cover damage from falling objects or snow weight.
Water damage can destroy your entire home. This is especially true if you don't take care of the cleanup quickly enough. If you've never dealt with a water damage claim before, you may not know what to do. Unfortunately, that lack of knowledge can cause problems for your insurance claim. Here are four things you need to do to protect your water damage claim. Read Your Insurance Policy If your home flooded, read your insurance policy.
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.