Understanding Insurance Terminology

Understanding Insurance Terminology

  • The Difference Between Car Insurance, A Warranty, And Mechanical Breakdown Coverage

    Understanding car insurance is a necessity if you own a car, and many people find that they are somewhat confused when it comes to knowing the differences between car insurance, a car warranty, and mechanical breakdown coverage. Are you confused about this? If so, here is an explanation of each of these things and how they are different from each other and the same. Car insurance Car insurance is primarily designed to cover damages to your car or to other cars from accidents or acts of nature that may lead to damage.

  • Auto Insurance Premium Through The Roof? How To Get A Better Rate

    Maintaining car insurance is an integral part of owning a vehicle. So much can happen when you're out on the road and it feels good to know that if you happen to get into an accident you have a backup plan in place to help cover the damages. However, although you likely realize how important insurance is, it might be getting difficult for you to handle the soaring premium. You may have recently received a speeding ticket or had some other vehicle-related incident that has affected your rate.

  • What You Need To Do Before An Adjuster's Visit

    After you go through a natural disaster and your home suffered damage, the first thing you should do is contact your insurance company to make a claim. Although this is a difficult time, you need to fully understand the process and how it works so you do not have any hold-ups in receiving payment for your damages. Here is what you need to know: What Are Your First Steps? When you contact your insurance agent, you need to ask several questions.

  • 3 Tips For Getting Cheap Car Insurance

    Throughout most of the US, car insurance is a must in order to be able to legally drive. In fact, only two states do not have a required minimum amount of coverage. Those states are New Hampshire and Virginia. If you live in a state where auto insurance is necessary to be on the road, you will want to make sure that you have at least the minimum amount of coverage required.

  • 4 Things To Consider When Purchasing Medical Malpractice Insurance

    If you're a healthcare provider, it's likely that you went into this field out of a desire to help people. Doctors, nurses, and other healthcare professionals can do a lot of good for others. However, the profession comes with its own risks. If a decision you make at work leads to the injury, illness, or death of a patient, you may be legally liable for medical malpractice. Medical malpractice insurance can shield you from potential repercussions, allowing you to work without fear or anxiety.

About Me

Understanding Insurance Terminology

After we purchased our first home, we realized that it might be a good idea to evaluate our insurance coverage. Although we had purchased homeowners insurance before, we had never owned a policy as large as the one we would need for our new place. Also, our new home had a trampoline and a swimming pool, which made us worried about liability. To iron out the details, I decided to meet with our insurance agent. We talked about things like monthly premiums, coverage limits, and deductibles, and it was incredible to learn more about the terminology. This blog is designed to help you with the same types of questions.