Several factors can affect your car insurance costs. Ultimately, it comes down to how likely you are to file a claim or cause an accident that results in liability. The higher risk you are, the higher your premiums are likely to be. While all insurers use different formulas for calculating risk, most consider the same …Read More
What is an Umbrella Policy?
Though unlikely, being sued is a real possibility – especially in today’s litigious society. Sometimes, lawsuits are resolved without payment. Other times, a judgment or settlement is small enough that it is fully covered by a home or auto insurance policy. However, there are those occasional cases that result in million-dollar liability claims for which …Read More
Do I Need Flood Insurance?
Your homeowners insurance includes coverage for a comprehensive list of perils – including some types of water damage. Once you have purchased your coverage and satisfied the insurance requirements of your mortgage lender, it is easy to assume the risk of a major financial loss is long gone. Unfortunately, that is not the case. Continue …Read More
Should I File an Insurance Claim?
You may have heard that your insurance rates will go up if you file a claim. Maybe you have experienced this yourself. Perhaps you even know someone who had their policy canceled unexpectedly. From auto and home insurance to other types of insurance, having claims plays a major role in whether you will qualify for …Read More
Do I Need Rental Car Insurance?
When you rent a vehicle, whether, for one day or one month, you will be given the option to purchase a collision damage waiver. Commonly referred to as “rental car insurance,” this coverage is an in-house agreement between you and the rental company that releases you from liability for damages to the vehicle. Since you …Read More
