stdClass Object ( [id] => 77 [franchise_id] => 37 [blog_title] => Becoming Well-Versed in Auto Insurance [blog_description] => Advertisements for low-cost insurance may intrigue you, but remember: the price of your auto policy is never as important as being an informed consumer. There are five major types of automotive insurance, and they’re all significant. Knowledge of the terms and conditions of your coverage may save you thousands in the long run.
When you’re responsible for an accident, Liability Insurance covers you for the cost of medical expenses from injuries sustained as well as resulting property damage. If your state has a minimum requirement for Liability Insurance, you may want to consider upping the coverage a bit. That way, you (and your wallet) are protected, and you won’t have to shell out sizeable amounts of money for claims surpassing your policy limits.
Uninsured/Underinsured Motorist Protection
This insurance helps cover expenses associated accidents in which the other driver is responsible yet possesses no insurance—or minimal coverage—and cannot afford to pay for the full cost of the damages.
Collision Coverage is responsible for the fees associated with auto repairs or for replacement of the car itself. However, if your car is totaled, this insurance will pay the car’s value. This coverage kicks in when your vehicle collides with another object or vehicle, rolls over, or your car is hit by another car while it’s parked.
Personal Injury Protection (PIP)
Sometimes referred to as “no-fault” insurance, PIP is coverage for the medical expenses of you, and any passengers, if you are injured in an accident. This insurance also encompasses injuries sustained as a passenger in someone else’s car, or if you’re hit as a pedestrian or while cycling.
Cars can be stolen, damaged by weather, collide with an animal, or be vandalized. Luckily, all of these incidents are protected by Comprehensive Coverage. If you reside in a high-crime area or a region prone to natural disasters, this insurance may be something to consider carrying. Also, most lenders demand that you hold Comprehensive Coverage until the car is paid off.
Our local agents are standing by to answer your auto insurance questions. Contact us today![meta_title] => Becoming Well-Versed in Auto Insurance [meta_description] => Advertisements for low-cost insurance may intrigue you, but remember: the price of your auto policy is never as important as being an informed consumer. [featured_image] => 1558554994_3.jpg [publish_date] => 2019-05-03 07:15:00 [blog_category] => 1 [status] => 1 [date_added] => 2019-05-22 15:56:34 [featured] => https://weinsurehosting.com/assets/featured/1558554994_3.jpg [blog_categories] => Blog, )
May 3, 2019
stdClass Object ( [id] => 76 [franchise_id] => 37 [blog_title] => Business Insurance Basics [blog_description] => When you own a business, there are multiple processes and procedures that must be followed. If you manage employees, their safety and security should be taken into consideration at all times. For a large company, you may have a collection of expensive equipment on hand that could bring business to a halt if damaged by a disaster. But no matter the size of your organization, no one is immune to accidental injury. Here’s what you need to know about covering these under a business insurance policy.
Worker’s Compensation Insurance
If an employee slips and falls on the premises, injures themselves while lifting a heavy box, or maybe becomes ill due to exposure to harsh chemicals, what do you do? Worker’s Compensation Insurance is available to protect businesses and employees after work-related illness or injury. Benefits could include payment for lost wages, emergency and ongoing medical care, or physical therapy, to name a few. In most states, a Worker’s Compensation Insurance policy is required for a business to operate.
Commercial Property Insurance
A pipe burst in your warehouse and no one was around to hear it. Did it make a sound? Probably, but it definitely damaged some equipment and important documents during the flood. Commercial Property Insurance is essential to a Business Owner’s Policy (BOP) for situations such as these. From computers and inventory to store signs and fence posts, your policy coverage can span from the inside of your building to the immediate perimeter. You developed this company from the ground up, so protecting your investments with a material-based policy may be a sensible decision.
Business Liability Insurance
Accidents happen, it’s true. But what if a customer or client is injured on your property? Does that make you liable? Business Liability Insurance—also called General Liability Insurance—covers you against claims that are made against you for injuries sustained during regular business procedures. This policy could also cover you against claims of property damage and advertising offenses such as libel or slander.
If you’re a businessowner looking to preserve the security of your company and its employees, WeInsure is here to help you. Contact a local agent today![meta_title] => Business Insurance Basics [meta_description] => When you own a business, there are multiple processes and procedures that must be followed. If you manage employees, their safety and security should be taken into consideration at all times. [featured_image] => 1558554966_2.jpg [publish_date] => 2019-05-02 06:30:00 [blog_category] => 1 [status] => 1 [date_added] => 2019-05-22 15:56:06 [featured] => https://weinsurehosting.com/assets/featured/1558554966_2.jpg [blog_categories] => Blog, )
stdClass Object ( [id] => 75 [franchise_id] => 37 [blog_title] => Hope for the Best, Prepare for the Worst: Homeowners’ Insurance 101 [blog_description] =>Buying a home is a big investment, and you’d probably like to protect that investment. That’s where insurance comes into play. Maybe you live in the Midwest where tornadoes are rampant, or maybe you live in quaint suburbia where, seemingly, nothing ever goes awry. But try to get into this mindset: anything could happen. That is the most basic reason behind homeowners’ insurance, and if you don’t know how to get started, we are here to help. Here are three important questions insurance agents are often asked.[meta_title] => Hope for the Best, Prepare for the Worst: Homeowners’ Insurance 101 [meta_description] => Buying a home is a big investment, and you’d probably like to protect that investment. That’s where insurance comes into play. Maybe you live in the Midwest where tornadoes are rampant, or maybe you live in quaint suburbia where, seemingly, nothing ever goes awry. [featured_image] => 1558554938_1.jpg [publish_date] => 2019-05-01 05:25:00 [blog_category] => 1 [status] => 1 [date_added] => 2019-05-22 15:55:38 [featured] => https://weinsurehosting.com/assets/featured/1558554938_1.jpg [blog_categories] => Blog, )
Is homeowners’ insurance mandatory?
If your home is financed by a mortgage lender, they may require some type of insurance to protect against natural disasters and unexpected situations. Additionally, if your home is paid off, you have the option of maintaining coverage or dropping your policy completely at your discretion. But from a financial standpoint, it may be wise to continue a policy for asset protection.
What does “Personal Liability” mean?
This is a subset of an insurance plan which covers the cost of damages caused by those included under your policy. If someone decides to take legal action, this section is responsible for the expense of court processes and any judgments found against you (within your policy limits). There are various situations covered under this portion, so be sure to speak with your insurance agent about how much coverage you may need.
What is not covered by homeowners’ insurance?
Certain exclusions apply in all insurance policies. For example, if your car sustains damage while parked at your residence, this claim must be submitted under your auto policy, not your homeowners’ insurance. Also, whereas most natural disasters are covered, not all of them are included. Floods and earthquakes are generally not built into a homeowners’ insurance policy and must be purchased separately.
When it’s time to buy a home, don’t forget to safeguard your assets. If you have questions regarding homeowners’ insurance, contact your local WeInsure agent today.
May 1, 2019