Filed Under: Blog, Home Insurance, Risk & Safety | Tagged With: Home insurance, SafetyWhat’s In Your Policy?
Posted: March 24, 2022
What’s In Your Policy?Homeowners don't always review their policies until they have a claim. Only to discover that their coverage isn't what they expected. That is why it is critical to understand what you are paying for. We believe it is important to understand what you are purchasing. So let's start with this overview. Here are a few of the coverage you need to consider. So what's in...
How to Use a Fixed Annuity for Retirement Income
Posted: March 22, 2022
How to Use a Fixed Annuity for Retirement IncomeA fixed annuity works to create income stability during retirement. These insurance contracts are designed to pay the owner a guaranteed interest rate, rather than being subject to changes in the market and interest rates. These insurance policies are purchased with a lump sum, or paid for overtime, with a guarantee from the insurance company that the account will earn an unvarying interest rate. The...
Commercial Umbrella Insurance 101
Posted: March 19, 2022
Commercial Umbrella Insurance 101Business owners put general liability insurance in place to protect against the excessive financial costs of defending claims and lawsuits. Umbrella insurance is designed to provide coverage above the limits of business liability insurance policies. This insurance takes over when your liability insurance limits have been reached. Businesses, no matter how carefully they manage their operations, can be named in several types of lawsuits. A...
Motorcycle & Boat Coverage During Winter: Laid Up vs. Canceling
Posted: March 16, 2022
Motorcycle & Boat Coverage During Winter: Laid Up vs. CancelingUnless you live in one of our warmer states, you will need to winterize and store your boat or motorcycle during the winter months. You have several options, including canceling your insurance, reducing the coverage, or increasing the deductible. What is Lay-Up Insurance? “Lay Up Insurance” is offered by insurance companies serving the northern states, where riding a motorcycle or boating over the winter is...
Does A Connected Home Technology Really Work?
Posted: March 11, 2022
Does A Connected Home Technology Really Work?Can you believe all the new innovations that are available for your home? Many new technologies can help you in the kitchen, help keep your home cooler in summer, and some even reduce your homeowner’s insurance premiums. Here is a recent quote from an insurance company, “If somebody has some sort of temperature-monitoring system in their house, we give them a discount for that.” Here...