Understanding Insurance Terminology

Understanding Insurance Terminology

  • What Does Full-Coverage Auto Insurance Cover?

    When you own a car that you drive, you will need to have auto insurance on it. If you do not purchase auto insurance, you take many risks when you get behind the wheel. When buying a policy, you can choose what coverages it includes. Many people choose full-coverage insurance policies, but some choose liability-only coverage. If you choose full-coverage insurance, what does it cover? Here is a list of some of the things it will cover.

  • Building Your Commercial Insurance Policy: Which Coverage Options Should You Consider?

    With companies operating in so many different sectors, it is impossible for insurance companies to offer a single type of commercial insurance that meets the needs of all business owners and companies. That is why insurance companies offer so many different types of commercial insurance options that can be combined in a virtually endless number of ways to create truly customized policies to meet your specific business insurance needs. Unfortunately, while these many coverage options help to ensure you get the best possible coverage, they can also make the task of purchasing business insurance a bit complex.

  • Starting A Home Based Business: Is Your Homeowners Insurance Enough To Cover You?

    With the pandemic in full swing, many people are looking for ways to earn money from the comfort and safety of their own homes. For some, this means taking on a remote position with a traditional employer. For others, it means starting up a home-based business of their own. If you fall into this second category, it is important to consider how your insurance needs may change as you get your business up and running.

  • Are You a High-Risk Driver? 4 Tips for Saving on Car Insurance Costs

    High-risk drivers often have a harder time getting car insurance. If you've received speeding tickets, a DUI, or other related driving issues in the past, you may be experiencing higher rates while shopping for car insurance.  The good news is that you can still save on costly premiums by incorporating the right strategy. By adjusting your deductible, comparing prices, and knowing your limits of liability, you can significantly reduce monthly premiums.

  • 4 Ways Independent Insurance Agency Services Benefit You

    While shopping for insurance, many customers do not realize that the most popular insurance corporations are not their only options. While it may seem that these big companies may offer better rates due to their popularity, this is not always the case. Independent insurance agency services are there to help you make the important decision of purchasing insurance for personal and commercial reasons. Instead of representing one company, an independent insurance agency is licensed as an agent for various companies.

  • 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.