As a small business owner, you know that there are many risks to your business's success. In fact, over 20 percent of small businesses fail in the first two years. The loss of key personnel can cripple a fledgling business. That's why it's essential to have a key person insurance policy in place to protect your business from the financial losses caused by staff departures. Here's what you need to know.
When purchasing a new car insurance policy, you will find that several different types of coverage can be included in or excluded from your policy. Understanding these different types of coverage is the first step to determining what type of coverage is right for you. You can learn more about several of the most common types of auto insurance coverage below. Liability Coverage Currently, the law requires all drivers to carry liability insurance.
Shopping for car insurance might seem easy, but it isn't. Sometimes you'll need someone with experience to make the process straightforward. So, why would you choose to use a car insurance agent instead of doing it by yourself? Well, here are the perks of having an agent by your side. Expert Advice Insurance agents know a lot about insurance. Besides, car insurance is their area of expertise. And since they are quite knowledgeable, you can count on them whenever you need advice.
Trying to save money when investing in a car insurance policy is normal. While it is a good idea to avoid spending more than you should on a premium, it is also important to examine what you are investing in to see whether it will be of much value. Sometimes, the mistakes you make in an effort to save some money can cost you more in the long run. Here are a few mistakes you should avoid when getting a premium for your vehicle:
A surety bond, or surety bond insurance policy, is a financial guarantee that your business will uphold its contractual obligations. If your business fails to do so, the surety company will cover the cost of any damages up to the full value of the bond. Surety bonds are often required by law for certain businesses, such as construction companies. They are also sometimes required by businesses' customers or partners as a condition of doing business together.
After we had kids, we realized that we needed to up the ante on our insurance coverage. While we had a policy in place, I knew that we had to do something to make sure that we were protected in any instance, which wasn't the case at the time. I began talking with different brokers about what we could do to improve our coverage, and they had some really great suggestions that seemed to help. This website is here to help other people to know how to purchase insurance, and what kinds of policies would work best for your special family.