Home insurance protects you from accidents such as fire and theft. It also covers some legal expenses if someone is hurt on your property, or you damage someone else’s. Similarly, your basic auto insurance policy will cover personal and other’s injuries and property damage. But if this article is about umbrella policies, why are we […]
Author Archives: David Kampert
19
Feb
Feb
The average home insurance policy is $1,477 a year but is subject to change based on the value of your home, your location, and the amount of coverage you purchase. Let’s take a closer look at each of these factors to give you an idea of how much your home insurance will cost. The Value […]
17
Feb
Feb
Business Owner’s Policies (BOP) are limited to small, low-risk companies. You can add benefits for more coverage, or choose a similar Commercial General Liability (CGL) policy if you do not qualify. There are, however, very specific requirements to enroll in a BOP. Though they are a great option, they may not be available to all […]
Business Owner Policy, Commercial Insurance
Commercial General Liability policy vs. Business Owner’s Policy
15
Feb
Feb
Commercial General Liability (CGL) policies cover legal fees brought on by a third party, while a Business Owner’s Policy (BOP) covers a variety of different types of insurance together in one place, including all of the coverage of a CGL. The most important thing you need to know, then, is that BOPs are somewhat of […]
29
Jan
Jan
Homeownership is a huge commitment with a lot of liability. In other words, you want to make sure your investment (and day-to-day life) is covered in case something bad happens. If your home needs any sort of repair or you are robbed, homeowner’s insurance will cover it. Without it, these costs will likely be unmanageable […]
29
Jan
Jan
Auto Insurance companies will all require a down payment—of sorts. Even if a company offers a “no-down-payment” plan, you will still be making up for those costs somehow, even if they try to hide it. Even if it’s not explicitly labeled as a down payment, auto insurance companies will require some money upfront, though some […]
25
Jan
Jan
Car insurance is typically purchased for drivers-per-household. So, for the most part, you will have to get your own car insurance when you move out of your parents’ home and purchase a vehicle under your name instead of your parents’. It is best to wait as long as possible to buy your own car insurance […]
25
Jan
Jan
Depending on your contract with the company, yes, you can technically cancel boat insurance. However, even if it is allowed, canceling may not be your best option, and will significantly raise your costs over time. So, while it may be tempting to cancel your boat insurance during the off-season (if that’s even an option in […]
22
Jan
Jan
Renter’s insurance covers personal property damages, theft, liability, and most things apart from certain circumstances. Generally, the fees involved in these events are all covered up to a set limit. However, in order to fully understand what coverage to expect from renter’s insurance, you need details—here is everything you need to know about renter’s insurance damage […]
22
Jan
Jan
Yes, your landlord can legally require you to get renter’s insurance. You may think of renter’s insurance as a pointless additional expense, but there are probably a lot of benefits that you don’t know about (yet). So don’t turn down a place to live just because renter’s insurance is on the contract—it can help you […]