Latest Blog Posts
When the Other Driver’s Insurance Falls Short
A car accident can become more complicated when the at-fault driver has no insurance or does not carry enough liability coverage to address the injuries they caused. Your own auto policy may provide another source of protection. Uninsured and underinsured motorist coverage—often abbreviated as UM/UIM—is designed to address certain bodily injury damages caused by a
General Liability vs. Professional Liability Insurance: What’s the Difference?
Liability insurance can help protect a business from certain claims, but different policies are designed for different risks. Two common types are general liability insurance and professional liability insurance. General liability generally addresses certain claims involving bodily injury, property damage, and personal or advertising injury. Professional liability generally addresses certain claims arising from professional services,
Life Insurance Beneficiary Mistakes That Can Create Problems Later
Choosing a life insurance beneficiary may seem straightforward, but the designation can determine who receives the policy’s death benefit. A beneficiary form that is incomplete, outdated, or inconsistent with the rest of your financial plan can create delays and disputes. Marriage, divorce, the birth of a child, the death of a beneficiary, and changes in
Does Boat Insurance Cover Your Boat During Winter Storage?
Putting your boat into storage may end your boating season, but it does not eliminate the possibility of damage or loss. A stored boat can still be affected by theft, vandalism, fire, severe weather, falling objects, and other hazards. Whether your insurance applies depends on your policy, the type of coverage you selected, and whether
Do You Need RV Insurance When Your RV Is in Storage?
When your RV is parked for the season, it may be tempting to cancel the insurance until you are ready to travel again. After all, an RV that is not on the road cannot be involved in a driving accident. Storage reduces some risks, but it does not eliminate them. An RV can still be
Does Homeowners Insurance Cover a Home-Based Business?
Running a business from home can be convenient, but it may also create risks that a standard homeowners insurance policy was not designed to cover fully. A homeowners policy may provide limited coverage for certain business property, depending on its terms. However, it may exclude or restrict coverage for business-related liability, inventory, equipment, lost income,
