Optional Auto Insurance Coverage Worth Considering
Car insurance requirements vary from state to state, but there are absolute musts that cut across many states. For example, many states require car owners or drivers to have a minimum coverage for any injury or property damage they cause. These are mandatory auto insurance coverage that you must buy. However, some auto insurance coverages are optional. These policies are an additional expense but may save you from trouble in certain situations. We discuss some of the additional auto insurance options worth considering.
Adding a New Spouse to Your Existing Policy
Life insurance assures you that your family will be cared for if something happens to you. Often individuals with no financial dependents or financial obligations won’t need life insurance, but if that’s not you, then you might want to start considering different life insurance options. If you already have a policy, you may want to add your spouse to your life insurance. When you and your spouse have life insurance, you can ensure financial security for the future should anything happen to you. In this article, we break down how to add a spouse to an insurance policy.
What Insurers Can Expect With High Inflation
If you’ve filled up your gas tank or gone grocery shopping lately, you’ve probably noticed a sharp increase in costs. From May 2020 to May 2022, the price of consumer items rose by about 8%. You may have seen increases in costs for:
Is Supplemental Life Insurance Worth It?
Life insurance enables people to provide their loved ones with income in case of their death, which can help pay for funeral costs, mortgage payments, college tuition and other costs. For many people, life insurance plays a vital role in feelings of financial security.
Tips for Insuring a Second Home
Owning a second home can give you a place to vacation any time of the year. Whether you want a beachside cottage or a cabin in the woods, a second home can be your designated location for rest and relaxation.
What Is Umbrella Insurance and What Does It Cover?
Umbrella insurance is an extra way to make sure you and your family are protected from the unexpected. It bridges the gaps between your other insurance policies, helping ensure you are ready for whatever comes your way.
Buying Insurance Direct vs. Indirect: Which Is Better?
There are a handful of avenues to choose from when deciding to buy insurance. You may choose to work with insurance agents or purchase an insurance policy directly from the insurance company. The option you choose solely depends on your individual needs. Consider the pros and cons of each method to make the most informed decision for your home or business.
What Kind of Insurance Does a Restaurant Need?
Your restaurant handles a lot. Some of your work is common to most companies, like managing employees and serving customers — but other tasks are unique to your industry. Owning a restaurant carries specific risks, as with all businesses. One of the best actions you can take to minimize your risk is to buy restaurant insurance.
How Does Jewelry Insurance Work?
Many people neglect to insure their jewelry or aren’t sure how to file a jewelry insurance claim. Even so, it’s worth learning more about it. After all, you want to protect that expensive and meaningful engagement ring or locket that’s been in your family for generations!
Insurance Agent vs. Insurance Broker
As you shop around for insurance, you may hear terms such as ‘broker’ and ‘agent.’ Both titles apply to professionals who act as mediators between insurance buyers and insurance companies, but each job has specific duties.