Statistics from 2015 reveal that approximately 13% of all people driving on the roads do not have car insurance. While some drivers may have some protection, many do not have enough coverage. If you drive a car, this means that there is a good chance that you could get into a collision with one of these individuals. According to the statistics, if you get in an accident, you have a one in eight chance that the other driver will not have any or enough insurance.
For a standard auto insurance policy, the coverage applies to the owner of the policy plus permissive drivers. The permissive drivers are those who drive the car occasionally with the owner's permission. For example, the coverage would apply if your cousin causes an accident while running an errand in your car. For named auto insurance policies, however, the coverage only applies to the person whose name is on the policy. The coverage doesn't apply if anyone else causes an accident with the car.
For truck drivers, the coronavirus pandemic has changed the landscape quickly and repeatedly. One area of your business that you may not realize has changed as well is your insurance needs. A variety of factors can cause changes in the way you should insure yourself and your truck. How so? Here are a few reasons to assess your policy today. 1. You're Driving More. Most truckers are on the road as much as the DOT allows them right now.
Many insurance agents view continuing education webinar courses as a duty that must be fulfilled to maintain state licensing. While it's true that these webinar courses are required by the state, continuing education courses can also be valuable tools that help improve the quality of your agency. Learn more about the benefits you will enjoy when you fully engage and participate in the next series of continuing education webinar courses you are required to complete.
When times get tough, it's easy to start looking for savings anywhere you can find them. While driving uninsured never makes sense, reducing your insurance premiums is an attractive option for cutting your monthly costs. Of course, reducing those costs is always easier said than done. If you want to trim the fat from your insurance bill, then you'll need to do some legwork. If you've tried to shop around for insurance before, then you may feel like achieving a drastic discount is a lost cause, but you shouldn't give up.
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.