The role of landlord comes with understood risks — unexpected maintenance, delinquent tenants, payment problems, damage to units and more. Landlords seeking an extra layer of protection against potential litigation should consider an umbrella policy for their rental properties. An umbrella policy includes additional liability coverage above the policy limits of the [...]

Of personal assets with the most rapid depreciation rates, cars, trucks and other vehicles rank among the highest. Auto industry experts estimate most vehicles depreciate in value by an average of 20% in the first year of ownership. According to a recent study by iSeeCars, the average depreciation of a vehicle over [...]

Costly litigation can sink a small business. For manufacturers or sellers of merchandise, product liability insurance is an essential safeguard to prevent financial ruin. Product liability coverage protects against claims that a product manufactured or sold caused bodily injury or property damage. Monthly insurance premiums amount to a fraction of what some [...]

Universal life insurance is a type of permanent life insurance that does not expire, as long as premiums are paid. Universal life insurance has two components: cost of insurance and cash value. Cost of insurance refers to minimum payment required to keep the policy active. Multiple variables can impact the cost of [...]

Indemnity insurance is vital for any policyholder seeking protection against potential third-party claims. In exchange for monthly or annual premiums, indemnity insurance safeguards policyholders from claims of possible negligence, a failure or omission in service leading to a client’s monetary loss or legal affair, as well as bodily injury and/or property damage [...]

When choosing the best add-on options for auto insurance, consider medical payments coverage, or MedPay, to ensure you, your family and other passengers are protected in the event of an automobile crash, regardless of who is at fault. What does MedPay coverage include? EMT and ambulance feeshealth insurance deductibles and copaysdoctor or [...]

Deciding how much auto insurance you really need is a challenging question. Most states require drivers to purchase a minimum amount of insurance, but that could leave you financially vulnerable if you are in a major crash. Unless you drive an older car with little value and have no assets, the minimum [...]

Standard homeowners insurance policies help pay medical expenses when someone is injured in your home or if you are liable for damage to a neighbor’s property. But that may not be enough insurance coverage. Umbrella insurance provides another layer of coverage to help you protect your assets. Umbrella insurance works the same [...]

Reading a homeowner’s insurance policy can be overwhelming, especially for a first-time homeowner. It is important that homeowners understand the declaration page in their insurance policy so they know what is and is not covered. After all, a home is usually a person’s most valuable asset. The declaration page in your homeowner’s [...]

If you are opening a small business, you might be wondering, what is commercial insurance, and do you need it? And, what is the difference between a commercial insurance package and a standard Business Owners Policy? The biggest difference between the two is the extent to which a policy covers your business's [...]