Even the most docile or well-behaved pets could be startled by an unknown party, such as a guest, neighbor or passerby, potentially causing them to lash out or react unexpectedly. Fortunately, the liability coverage portions of many home and renters insurance policies can include incidents involving your pets, such as the following: Injuries—If your pet injures someone else, such as by scratching or biting them, your insurance may help cover medical expenses and losses. Property damage—Insurance may also help cover costs should your pet damage someone else’s property, such as by getting into ..read more

Life insurance can offer numerous benefits to individuals and their families. Below are some key advantages: Financial security for loved ones—Life insurance offers financial protection for families. If a policyholder passes away during the policy term, their beneficiaries can receive a death benefit, which may help cover expenses such as funeral costs, outstanding debts, and ongoing financial obligations like mortgages and education expenses. This assistance can be invaluable during a difficult period. Debt protection—Life insurance can serve as a crucial tool for debt protection. Many indiv ..read more

Every year, storms are responsible for felling countless trees and limbs. Unfortunately, some of those fallen trees damage homes and other property. Cleaning up the damage from a storm can be a difficult task, both physically and emotionally, and things can become especially tense when you discover that it’s your neighbor’s tree that damaged your house. To make matters worse, many homeowners are surprised to discover that if a neighbor’s tree falls on their house, it’s usually their own homeowners policy—not their neighbor’s—that will cover the cost of the damages. What follows are general gui ..read more

Commercial general liability (CGL) insurance is an essential form of coverage for any organization. Such a policy can provide much-needed financial protection if an organization is held liable for injuring third parties or damaging their property amid nonprofessional negligent acts or in the course of its usual business operations. This type of insurance may also cover instances in which an organization is held responsible for causing personal and advertising injuries. When these incidents occur, CGL coverage can help reimburse various expenses incurred by the impacted organization, including ..read more

Car insurance is a vital safeguard for drivers that is often legally required by states. Specifically, auto liability insurance (a standard component of a car insurance policy) can help pay for damages you cause to others in an accident, saving you from costly out-of-pocket expenses. For example, if you rear-end another car, your liability coverage may help pay for damages to the other party, including their vehicle repairs and medical costs, up to your policy’s limits. If you didn’t have liability coverage in this scenario, you would be personally responsible for paying those expenses. Yet, d ..read more

Spring is known for bringing severe and unpredictable weather, including snowstorms, thunderstorms, flooding, extreme temperature changes and high winds. In spring, more than one weather event can often occur in the same week or even the same day. Because of the unpredictability of weather this time of year, it can be challenging to be fully prepared for severe weather to hit. Planning as much as possible is essential to keep yourself, your property and your loved ones safe. Check out the following tips to prepare for volatile spring weather. Prepare for Unpredictable Spring Weather Taking the ..read more

April Is Distracted Driving Awareness Month. Engaging in activities such as texting, using social media, adjusting the GPS or radio and consuming food while driving can reduce a driver’s reaction time, leading to accidents. According to the National Highway Traffic Safety Administration (NHTSA), distracted driving killed 3,522 people in 2021— nearly 10% of all U.S. traffic fatalities. During Distracted Driving Awareness month, you may notice increased law enforcement on roadways as part of the nationwide campaign. This is a great time to try phone-free driving if you struggle to keep your eyes ..read more

Thanks to an unusual convergence of market trends, ushered in by the pandemic and followed by other disruptive events, you may see a bigger change to the cost of your home and auto insurance than usual when it comes time to renew your policies this year. Insurance rates are based on what an insurer thinks it will cost to make you whole in the event of a loss – whether it’s roof damage during a windstorm or a vehicle totaled during a traffic accident. As you’ve likely noticed, pretty much everything costs more than it did even a few years ago. What’s driving higher home insurance costs If you’v ..read more

April is not just about showers bringing May flowers; it’s also Financial Literacy Month! And what better time to talk about something that might not sound as exciting as cryptocurrency or NFTs but is equally important: insurance! Yup, we’re diving into the world of life, disability, and long-term care insurance. Hold onto your avocado toast, because we’re about to make adulting a bit more… well, adult-like! Why Insurance, You Ask? Let’s start with the basics. You’ve probably heard the term “insurance” thrown around a lot, but what’s the big deal? Simply put, insurance is like a financial safe ..read more

A recent study by Accenture, an international IT services and consulting company, found that 43% of all cyberattacks target small businesses. With this in mind, it’s clear that cybersecurity measures are necessary for organizations of all sizes. Cybersecurity consists of strategies implemented to help protect organizations from cyberattacks and related losses. Such defense has become increasingly important as businesses of all sizes and sectors expand their reliance on technology and other digital services. Yet, there are several misconceptions about cybersecurity that diminish the value of ef ..read more