Your home is probably your biggest asset to date. Though a home insurance is not required by law, some mortgage companies demand that you get one before they can give you the mortgage. Whether by choice or because of a mortgage deal, you find yourself needing one. Now you are wondering whether your policy is giving you enough coverage.
Are You Covered?
A standard home insurance policy typically covers the dwelling and the area it stands on, any fence and shed, yourself and your family as well as third party injuries at your premises.
Starting a business is no walk in the park. Sure, the possibilities are tremendous, however, the risk associated with it can also get very problematic. You have to be smart when making decisions that could affect the future of your business.
One of the arguments when starting a business is about getting insurance. One might argue that they can put insurance on hold until the business begins to grow. But that's just it.
Do you own a vehicle? Are you tired of spending what seems to be most of your paycheck on insurance? No matter what your circumstances are, there are times when you may be tempted to drop your insurance coverage in order to be able to afford something else. However, having insurance coverage is a legal requirement and you can get into serious trouble if you are discovered to be driving without insurance.
Life insurance policies are an important part of safeguarding you and your family against the financial risk that can come with a sudden illness or unexpected accident. However, the monthly cost associated with maintaining a life insurance policy can be financially restrictive for some families. Thankfully, there are a few things that you can do to reduce your life insurance premiums each month, while also making yourself healthier and less at risk for health concerns.
Every property needs insurance coverage whether it's still under construction or the construction is complete. However, the insurance needs of a home under construction are markedly different from that of a standing house. If you have insured your house during the construction phase (and you should), you will need to upgrade to or buy new homeowners insurance after construction is done. Here are three major reasons this is necessary:
The Builders Risk Insurance Will Expire