Understanding Insurance Terminology

Understanding Insurance Terminology

  • What To Do When A Thief Steals Your Car?

    Stepping outside and not finding your car where you left it is a miserable feeling. Your first response is usually one of confusion. You wonder if you parked where you thought you did. Your confusion then usually turns to outrage, anger, and even worry. Your worries generally center around taking the proper steps to recover your car and file a claim with your car insurance agent. Here is some information to file away, just in case you ever need it.

  • Exploring The Various Types Of Commercial Insurance Policies

    Commercial insurance is essential for protecting your business against a wide range of risks. Whether you own a small business or a large corporation, having the right insurance coverage can help you mitigate losses and safeguard your financial future. Here are some of the types of commercial insurance.  Property Insurance Property insurance covers damage or loss to your business property, including buildings, equipment, inventory, and furniture. It can also provide coverage for business interruption due to property damage or loss.

  • Auto Insurance Provider - Tips When Filing A Claim With One

    If you're involved in an auto accident on the road, you may need to file a claim with your insurance provider. In that case, here are some things you'll want to do right away. Avoid Repairs Until the Adjuster Performs an Assessment After a wreck, your first inclination may be to have your vehicle repaired as quickly as possible. You want to hold off on this though because an insurance adjuster needs to see the vehicle in its current condition after the accident.

  • Protect Your Business With Comprehensive Truck Insurance

    As a business owner, you have a lot of responsibilities, but perhaps the most important is ensuring that your assets are protected against potential risks. One of the biggest assets for many businesses is their fleet of trucks. Whether you own a small delivery service or a large trucking company, having comprehensive truck insurance is essential to protect your business against financial loss in the event of an accident or theft.

  • Should You Increase Or Decrease Your Business Insurance Limits?

    The first step toward having the right insurance coverage for your business is buying a policy. But how much coverage should you pay for? Do you have the right coverage limits? Should you raise or lower them? To help you find the ideal balance, here are a few questions to answer. 1. What Are Lender and State Requirements? Begin by looking into required minimum coverage amounts so you stay compliant with these.

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.