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.
Read More
If you are buying car insurance for the first time, it's crucial to ensure you navigate this complicated process successfully. You want to ensure the insurance provider you pick can provide a payout in case you are involved in a car accident, the car is stolen, or another insured risk occurs.
One way to ensure your car gets the proper financial protection after an incident is to handle the application process correctly.
Read More
As a homeowner, you're responsible for ensuring that your home is safe and secure. Several measures you can put in place can ensure this happens, including performing regular maintenance and purchasing the right insurance. When purchasing insurance, research the various options to find what best serves your needs. While it might be tempting to settle on a policy because it's inexpensive, pricing should not be the only factor determining your choice.
Read More
In most states, you are required to carry liability insurance on the vehicle you drive. This is the case even if the vehicle that you drive happens to be a motorcycle. The states that require motorcycle insurance will have a set minimum that your policy needs to cover. However, you can go up and purchase a higher policy or even a full-coverage one that also protects you and your motorcycle from damages and losses.
Read More
If you bought a new home or have completed your mortgage, you need to get homeowners' insurance. The typical homeowners' policy isn't limited to protecting your home; it also covers your personal belongings, structures in your compound, and medical bills if someone is injured on your property. Before getting homeowners' insurance, you should understand the factors that influence the cost of the policy.
The Location of Your Home
Insurers consider the location of your home when setting the price for your premiums.
Read More