Understanding Insurance Terminology

Understanding Insurance Terminology

  • Key Steps in the Real Estate Closing Process

    Buying a house is one of the most significant and exciting investments you will ever make. However, before you can move into your new home, there are several steps that you must take to finalize the sale and take possession of the property. This process is known as the closing, and it includes various legal and financial requirements that both the buyer and seller must follow. Knowing these key steps can make the process smoother and less stressful, and it can ensure that you don't forget anything along the way.

  • What Does a Claims Consultant Do for You?

    If you have ever found yourself in a situation where you need to make an insurance claim for damage or loss, then you are probably familiar with how complicated and overwhelming the process can be. Insurance companies have a reputation for making claims processes complicated on purpose so that they can avoid paying out. This is where a claims consultant comes in. A claims consultant is a professional who specializes in helping people make and settle insurance claims.

  • Why Commercial Liability Insurance Is Crucial For Your Business

    Starting a business is a huge milestone for any entrepreneur. Whether it’s a small-scale enterprise or a large corporation, it is important to ensure that your brand is well-protected from the risks that come with running a business. One of the best ways to do this is to invest in a comprehensive commercial liability insurance policy. This post will discuss the importance of commercial liability insurance and why it should be a top priority for any business owner.

  • What To Do After A Home Disaster — Tips On How To File A Claim And Follow Up With Your Insurer

    Disasters can come in any shape or form, leaving homeowners completely devastated and clueless about what to do next. In such a situation, the first thing you need to do is ensure your safety and that of your loved ones. Once you're out of danger, you can begin the process of assessing the extent of the damage and reaching out to your insurance company to file a claim. Read on to take a detailed look at what you need to do after a home disaster, from filing a claim to dealing with your insurer.

  • 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.

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.