Insurance Articles

Uber drivers need to consider a specific type of auto insurance that differs from regular personal auto insurance. Here are the key points: 1. Personal Auto Insurance: This type of insurance typically covers personal driving, such as commuting to work or running errands. However, it generally does not cover using the car for commercial purposes, […]

Auto insurance faces several challenges that both insurers and policyholders must navigate. Here are some of the main issues: 1. Risk Assessment and Pricing: Properly assessing the risk posed by individual drivers is a complex task. Insurers must consider a variety of factors, such as age, driving history, vehicle type, and even geographic location. Getting

Home insurance is essential for any homeowner, as it provides financial protection against potential damages and losses to your home and personal property. Here are key points every homeowner should know about home insurance: 1. Types of Coverage: Home insurance typically includes several types of coverage:    – Dwelling coverage protects the structure of your

Saving on homeowners insurance involves a combination of tactics that optimize coverage while minimizing unnecessary costs. Here are several strategies you can use to effectively reduce your homeowners insurance premiums: 1. Shop Around: Don’t settle for the first quote you receive. Compare rates and coverage from multiple insurance companies. Prices can vary significantly, so shopping

For an office building, there are several types of business insurance policies that are important to consider to ensure adequate coverage and protection against various risks. Here are the key types of insurance typically needed: 1. Property Insurance: This covers the building itself and its contents against damage from events like fire, storm, theft, and

Saving on your auto and home insurance premiums when they’re both from the same provider can be effectively achieved through several strategies beyond just the initial bundling discount. Here are some practical tips to consider: 1. Maximize Bundling Discounts: Ensure you’re getting the maximum discount available for bundling auto and home insurance. Sometimes, this involves

Taking a home inventory before you get homeowners insurance is a crucial step in ensuring you are adequately prepared and protected. Here are some key reasons why it’s important: 1. Accurate Coverage Determination: A home inventory helps you understand the total value of your personal property, which is essential for determining the amount of coverage

Bundling insurance policies, such as combining your auto and home insurance with the same company, can often save you money. Here are a few reasons why: 1. Discounts: Many insurance companies offer discounts for bundling policies, sometimes referred to as a multi-policy discount. These discounts can vary but often range from 5% to 25%. 2.

Insurance brokers like Eugene C. Yates Insurance Agency may offer competitive rates for several reasons: 1. Access to Multiple Insurers: Brokers have relationships with multiple insurance providers. This allows them to compare rates and coverage options from various insurers to find the best deals for their clients. By not being tied to a single insurer,

Insurers Encouraged to Assess Risks as Businesses Shift to More Sustainable Practices What does moving towards a sustainable, low-carbon future entail for businesses? As more companies embrace environmental, social, and governance (ESG) standards, they face numerous new challenges and responsibilities. This includes adjusting to changing regulations and evolving stakeholder expectations, as well as reevaluating their