When buying insurance for your car, do you seek the help of an auto insurance agent, or do you opt for a broker? While both are experts in the market, an agent is different from a broker in the ways below.
Differences Between the Two
While both serve as a link between an insurance company and potential insurance buyers and have state licenses permitting them to sell policies, they are different.
If you own a home, protecting it through the purchase of homeowners' insurance is critically important. In addition to protecting your property from financial devastation, should the home be damaged or destroyed, homeowners' insurance coverage allows families to move forward more easily to rebuild or purchase another home.
While homeowners generally understand the benefits of having homeowners' insurance, most would love to find a way to reduce the cost of their annual insurance premium.
Do you own or run a trucking company? If so, then you understand thenumerous risks associated with the business. Trucks are a huge investment. And while you cannot predict what happens once they get on the road, the least you can do is ensure they are always protected from unseen problems. This is where commercial truck insurance comes in to give you peace of mind, knowing that whatever happens, your assets and employees are covered.
If you are looking to get homeowner's insurance for a new home or looking around for a new provider for insurance, it is important to understand the factors that will impact your quote.
Major Factor #1: Your Home
One of the biggest factors that will impact your home insurance quote is the home itself. In addition, various factors will impact the way the insurance company views your home. The age of your home is essential.
In most states, if you own a car, you are required to carry certain types of insurance. One of those types of insurance is property damage liability coverage.
1. What It Covers
Property damage liability is designed to cover you if you get into an accident and damage someone else's property. It could be their vehicle, or it could include physical property you damage, such as driving your car through someone's fence.
