How To Assess Your Insurable Business Risk
One of the biggest challenges businesses face is making sure that risks don't wipe them out. Many use business insurance as a tool to reduce the odds of disaster. It's critical to assess your insurable risk accurately so you'll have enough coverage, appropriate premiums, and a deductible you can handle in the event something happens. How do you assess insurable risk, though? You can benefit from following these three tips.
The Basics Of Liability Insurance
What Is Liability Insurance Liability insurance is an important decision that needs to be taken into account on a personal basis. If you purchase it, it will cover the cost of damages and injuries that you cause to others if you cause an accident. It is important to recognize that it does not cover the costs of your injuries and property damage, only the cost for others that you harmed. If you have a lot of assets, it is smart to get higher levels of liability insurance to protect yourself in case of a lawsuit.
4 Types of Coverage to Have on a High-Value Vehicle
If you have a high-value vehicle that costs more than a couple thousand dollars, then you might not be able to afford to replace it if it were damaged or totaled in an accident. In order to help you do so, you want to make sure you have the right type of coverage in place. Here are four types that will help you meet this need. #1: Collision First, you are going to want to have collision coverage.
4 Ways To Lower Your Auto Insurance Rates After An Accident
If you've recently been involved in a car accident, there's a good chance that your auto insurance rates will increase. In fact, the average policyholder's premiums will increase by about 31% following an at-fault accident--which can quickly add up. Fortunately, there are some steps you can take to potentially reduce your rates after an accident. They can help you save some money on your insurance until those points fall off your driving record.