What do first-time buyers need to know about home insurance? If this is your first real estate purchase, take a look at the top questions about homeowners insurance, insurance providers, and the differences between renter insurance and home policies.
What Is Homeowners Insurance?
As the name implies, this type of insurance policy covers a home that you own. A standard policy protects the primary structure and your belongings. But this doesn't mean the insurance policy will pay for every type of home damage.
You may have heard about general liability insurance or liability umbrella policies, but you might not be sure what those policies are or what they can actually do for you. Understanding the fundamentals of liability insurance is a good place to start to help you ensure adequate insurance protections against the risks that you face.
Here's a look at a few things that you should understand about liability insurance policies.
When you launch a business startup, it's important that you have adequate insurance coverage. Many new business owners don't understand the essential insurance options for their businesses because they lack the necessary insurance and risk education. There are a few key policies that you should discuss with your startup insurance broker to ensure that your new business has the protection it needs.
General liability insurance is important for every business.
If you're thinking about buying a new home insurance policy, one of the biggest challenges might be deciding how to buy it. Should you work with a home insurance agent, or should you buy a policy online on your own?
Actually, there are pros and cons to each option. Here are a few things you should think about first.
Home Insurance Agents Offer Personalized Recommendations
An insurance agent can assess your specific needs and make recommendations based on your individual circumstances.
A car insurance add-on is the additional plan insurers offer to strengthen their policyholders' coverage. Given that add-ons are supposed to provide extra protection to an already-insured vehicle, your insurance premium will increase if you take it. Remember that these covers are available in comprehensive and not third-party car insurance policies. This is because third-party insurance covers the damages and injuries to another driver, not your insured vehicle. Check out some common add-ons worth considering.