Understanding Insurance Policies

Understanding Insurance Policies

  • Understanding The Audit For Your Commercial General Liability Policy

    General liability insurance offers protection for your business in case of a variety of potential issues. For example, you may have some financial protection if someone is injured on your property or there's an accident that affects a customer or client. In most cases, the policy premiums are rated according to your company's annual revenue. The premiums are usually set based on an estimate and then adjusted according to your actual figures at the end of the fiscal year.

  • Key Considerations When Insuring An Historic Home

    If disaster strikes, repairing the damage to an historic home can be a costly undertaking. Historic homes generally boast unique design concepts both on the exterior and interior of the home. Building materials, such as wide plank floors, carved wainscoting, stone facades, and ornate stained wood moldings, aren't easy to come by, but when they are the materials are expensive. Calculating the cost of restoring an historic home to its former character can be a difficult task, especially when considering the craftsmanship and building materials that originally went into the home.

  • It's a Classic: 3 Tips to Protect Your Classic Car From Theft

    If you have a classic car, you want to protect it from would-be thieves. Unfortunately, the fact that your car is a classic makes it that much more appealing. It also makes your car that much more difficult to replace. The easiest way to prevent the theft of your valuable classic car is to keep it locked in the garage and never drive it. However, that takes the fun out of owning a classic.

  • 4 Ways To Reduce The Cost Of Your Home Insurance

    The cost of the insurance on your home is generally quite low in the grand scheme of things. However, there are numerous ways in which you can reduce the amount that you pay on your homeowner's insurance. Here are a few tips that can help to lower the rates revolving around your home insurance. Same Provider If you have multiple forms of insurance, you can often receive a discount if you use the same provider for each type of insurance you buy into.

  • Three Purchases That Can End Up Increasing Your Home Insurance Rate

    In many cases, the purchases that you make for your home can help to lower your insurance rate. A home security system, carbon monoxide detectors and other security features can make your home safer and prompt your insurance provider to reduce your rate. However, there are other times that the purchases you make can actually have the opposite effect on your home insurance rate. The impact that these three purchases has on your home insurance shouldn't discourage you from buying them if doing so suits you, but it's important that you're aware of how your rate might be impacted.

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    About Me
    Understanding Insurance Policies

    After I moved out of my parent's home, I started learning more and more about insurance policies. I was involved in a bad car accident, and I ended up working with my car insurance company as well as my medical and dental insurance companies. I paid my premiums and enjoyed coverage, but I didn't really understand how the entire insurance claim process worked. I wanted to make this blog to help other people like me to learn more about insurance coverage. Check out this blog for more details on insurance coverage, how to file a claim, and what you should expect throughout the shopping process.