A leaky ceiling is more than an unsightly water stain; it’s a potential time bomb that could lead to extensive structural issues and mold growth, potentially impacting both your home insurance coverage and any repairs necessary. Understanding if your policy includes repair or replacement is vital. Water stains and leaky ceilings may be caused by […]
Category Archives: Finance Guide
17
Apr
Apr
Water damage is one of the most prevalent and devastating forms of home damage, but you can take steps to safeguard against it. Standard homeowners insurance typically covers certain forms of water damage; however, flood damage is generally excluded and therefore it is wise to get a separate policy specifically covering floods. Floods are a […]
17
Apr
Apr
Your roof is an exposed part of your home that is vulnerable to numerous threats. Homeowners insurance policies usually cover repairs or replacement when damaged due to an insured loss. Home insurance policies typically include dwelling coverage that protects roofs; however, any claims are reduced by your deductible amount and must meet certain thresholds to […]
17
Apr
Apr
Premiums are payments to insurance companies in exchange for coverage. They may be paid monthly, quarterly, semiannually or annually and determined based on factors like policy type, risk analysis and demographic data. Underwriters carefully consider dozens or even hundreds of factors when underwriting policies to assess their risk level and ensure an acceptable risk profile […]
16
Apr
Apr
Sometimes, seemingly insignificant clauses and caveats found in auto insurance policies can make the difference between good and poor policies. Before signing an auto owner insurance contract, ask your agent these questions. Make sure you have the exact same answers in the policy. Do you want to be considered a “family policy”? Family policies provide […]
16
Apr
Apr
Have you ever found yourself stranded on the side of the road with a flat tire or dead battery? It can be a frustrating and stressful experience, but luckily many insurance companies offer roadside assistance to help get you back on your way. However, some policies require that you have comprehensive and collision coverage before […]
16
Apr
Apr
Marketing is a science that draws from psychology, statistics and other tricks to get people to give their money. Some define marketing as the art of helping people make happy decisions. Sales and marketing professionals may pull any trick, technique, or turn to draw a crowd in and ensure they leave with a smile on […]
16
Apr
Apr
Car accidents can be a stressful and unsettling experience, leaving you with a range of questions and concerns. One of the biggest uncertainties is who pays for damages – you or the other driver? Knowing how your car insurance company works in these situations can help ensure that you’re fully covered in case of an […]
16
Apr
Apr
You can help your teen create a Teen Driving Contract. This will ensure that they are responsible drivers who have a clear understanding of the importance and how to drive safely. You can make a Teen Driving Contract with your child to teach them the importance of driving safely and what consequences they face if […]
16
Apr
Apr
Have you ever wondered if the penalty for not having insurance is still in effect? With all the changes happening in healthcare, it can be difficult to keep up. If you’re one of those wondering, then this post is for you! In this blog, we’ll explore whether or not the penalty still exists and what […]