Search Results for: invest

What Is Extended Coverage Insurance?

If you’ve ever shopped for car insurance, you’ve probably come across the term “extended coverage insurance.” But what is it? In short, extended coverage insurance is an insurance policy that provides additional coverage beyond the standard liability insurance required by most states. It’s designed to protect you financially if you’re involved in a major accident. […]

What Does The National Flood Insurance Program Cover?

The National Flood Insurance Program (NFIP) protects homeowners and businesses from losses caused by flooding. The NFIP covers a variety of structures, including homes, businesses, and public infrastructure. The NFIP was created in 1968 by the Federal Emergency Management Agency (FEMA). The program is administered by the National Association of Insurance Commissioners (NAIC). The NFIP […]

What the Heck is Mortgage Protection Insurance and Why Do I Need It?

You may have received letters from your lender, but they could be from someone else if you recently bought a house or refinanced your mortgage. These solicitations come from Mortgage Protection companies, who paid good money for public records searches to locate you. Is Mortgage protection really necessary? The answer is “Yes” and “No.” This may seem contradictory […]

Technology Insurance – Liability Coverage in the Digital Age

Anyone who has ever had their computer crash in a corporate environment knows how terrifying it is to be a young employee. What were you doing? However, it seems that IT has taken on the science of networking and has become increasingly complex. Liability for software companies, IT firms and internet business has become a problem that […]

The Relationship Between Insurance and Finance

Because they both involve money, insurance and finance are interrelated business areas. Both involve risk and speculation, so it is not surprising that they are often intertwined. Property investment, for instance, requires a substantial capital outlay, followed quickly by insurance to protect that capital investment. It would be absurd to invest so much money in a venture without […]