One of the most basic business structures is the sole proprietorship. They are owned and operated by a single person, with no distinction between the owner and the business. However, sole proprietors face the same risks as other small businesses, such as lawsuits, property damage, and auto accidents involving a company-owned vehicle. It is critical […]
How Much Does Cyber Insurance Cost?
Do you know how much your cyber insurance costs, with new cyber threats constantly emerging and evolving? The Internet has irreversibly altered the way businesses operate, ushering in a new era of opportunity and uncertainty for services and commerce. In most cases, a business must have some kind of online presence in order to be […]
6 Important Insurance Policies Do Freelancers Need?
Do you understand the policies governing freelance insurance? With more people focusing on work/life balance and looking for ways to make the process of earning money more flexible, the number of people choosing freelance careers over traditional employment is steadily increasing. Indeed, according to a recent Upwork survey, the majority of American workers will be […]
Umbrella Insurance: How It Works and What It Covers.
Umbrella insurance protects you from additional liability. Where your underlying policies’ liability coverage ends, an umbrella policy takes over. Umbrella policies are typically sold in $1 million increments and provide additional financial protection in the event of a covered peril. An umbrella insurance policy is typically inexpensive, providing an inexpensive way to maximize your protection. […]
What Exactly Is Hurricane Insurance, and is it Important to get it?
Hurricane insurance is a collection of insurance policies that you can buy to protect your home from hurricane damage, such as flood, windstorm, and home insurance. If you live in a hurricane-prone area, you should get enough coverage to cover the cost of completely rebuilding your home. Hurricanes can cause catastrophic damage, and standard home […]
Choosing Your First Homeowners Insurance: A Beginner’s Guide
Homeowners insurance is the best way to protect your investment, as it ensures that serious damage to your home will not leave you out of pocket entirely. Furthermore, lenders require it if you want to get a mortgage. As you prepare for your closing date, make sure you have the proper policy in place. This […]
How Does One Obtain Builder’s Risk Insurance?
Builder’s risk insurance can protect you from financial damage caused by disasters or accidents during a construction project, whether you’re a commercial real estate mogul or a homeowner with plans to expand your family. Builder’s risk insurance may be required by city or county law in some cases. Even if it isn’t required, you may […]
How Often Should I Review My Insurance Coverage?
Insurance reviews assist agents in determining the best coverage plans for you, no matter where you are in life. Certain events, such as buying a new home or a car, can alter the type of insurance package you require. It is critical to communicate this information to your insurance provider. To keep your policy information […]