In An Auto Accident? Do This

In An Auto Accident? Do This

Car accidents happen to new and old drivers alike. Knowing the steps to take following an accident can ease the insurance process and protect drivers from liability. The correct immediate actions can save insurance and personal worries later. These are the steps to take following an auto accident: 1. Be Safe Before anything, secure the scene. Safety is the top priority. Exiting vehicles, placing flares or cones, or moving off the roadway may be...

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Does my Auto Policy Protect Me in a Rental Car?

Does my Auto Policy Protect Me in a Rental Car?

Drive it like a rental, right? Only if you have insurance coverage! Renting a car the question comes always up: buy extra insurance with a rental car or pass? Adding insurance to rental cars adds up – up to over $200.00 a week on top of other costs. Rental car companies are charging for rental damages and repairs using complex agreements. The good news is: you may already have rental car insurance coverage. Before renting a car, check insurance...

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Building a Home or Remodeling Get Builders Risk!

Building a Home or Remodeling Get Builders Risk!

  Nearly every homeowner insures their home against fire, burglary, and the usual risks. The catch? Often, their insurance only covers completed structures. Home construction and remodels aren’t typically covered under standard home insurance policies. If you’re planning to build or renovate on your property, consider builders risk insurance. What is builders risk insurance Builders risk insurance policies extend property insurance coverage to...

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Watch Out For This Before Renting Your Home

Watch Out For This Before Renting Your Home

Many homeowners are making extra income renting their homes out short-term. Most don’t know the increased insurance risks this carries – until it’s too late. If you’re planning to rent out your home, make sure you know you don’t risk a lawsuit. More than 60% of homeowners do not know if their insurance covers renters. This is the claim made by Assurant, surveying over 1000 New York homeowners on their home insurance coverage. This survey also...

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Adding a Teen Driver? Do This

Adding a Teen Driver? Do This

Recent findings by experts in the insurance industry show that the cost of including a teen on a car insurance policy is decreasing. A few years ago, including a teen driver on one’s auto insurance would have added about 85% to one’s policy only 5 years ago. Currently, the rate change is about 78%. While an improvement it is still a substantial amount. So why is the inclusion of the teen driver seen as an added risk? The main reason is that the...

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Check your Home Insurance to Be Sure You Are Protected From Disasters

Check your Home Insurance to Be Sure You Are Protected From Disasters

Fewer than 22% of homeowners see changes in the environment or natural disasters as being an important factor to consider when updating their homeowner’s insurance coverage. This information was found in a new study done by the National Association of Insurance Commissioners (NAIC). With the increase in natural disasters, the NAIC encourages homeowners to think about their risks and take the time to understand what coverages are included in...

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