In today’s overly litigious society, it’s important to be protected. If you are ever sued, your standard homeowners or auto policy will provide you with some liability coverage, paying for judgements against you and your attorney’s fees, up to a limit set in the policy. However, you may want to have an extra layer of liability protection. That’s what a personal umbrella liability policy provides.
If you’re starting a business, the first step you need to take in setting up your company is to obtain commercial liability insurance. Or, if you already have an existing business but do not have general liability insurance, do so immediately. Being an entrepreneur and running your own company can be quit rewarding, but it does not come without plenty of risks. That’s where the important of liability insurance lies. But what does that mean? What protection does it afford? How do you determine your coverage needs?
If you own a company, you’re required to have workers compensation insurance coverage. Naturally you strive to keep your workplace as safe as possible, but accidents can sometimes happen. When they do, workers compensation insurance provides coverage.
Have you ever wondered what determines your auto insurance rates? It may seem that those numbers have no rhyme or reason, but there are certain factors and criteria that most insurers can and do consider before coming up with that golden number.
Frankly, life insurance isn’t something we’re overjoyed discussing. Although however unpleasant the thought and the discussion, it’s very important to be covered. In the event of your death or that of your loved one, the costs can be exorbitant. Your life insurance policy is an important financial asset for your loved ones. Not only will it cover the costs of funeral and burial expenses, but depending on your particular policy, it can also provide cash to your dependents to help sustain them in the future.
Homeowners insurance has many purposes. It can provide you from being reliable in case of injury or accident on your property or in your home. Here are a few reasons why you need homeowner’s insurance.