Your Insurance Questions Answered

Renting out your home can be a great move if you've decided to live elsewhere, but aren't interested in selling your home. Whether you'll be living in the same city or moving farther away, you'll need to put in some effort to make sure that your home will be a good fit while you have it rented to tenants. One of the most important things that you should be prioritizing when you have plans to rent out your home is getting insurance that will provide the right protection.

Many small business owners don't consider cyber liability insurance when choosing a business insurance package. It's easy to think of cyber attacks and data breaches as things that happen to large, famous brands or government agencies, not small businesses. However, just because cyber attacks on small businesses don't make big headlines doesn't mean they don't happen — the reality is that about half of cyber attacks are aimed at small businesses.

If you run a small insurance agency, you may be looking at what your agency is doing and wondering how you can help your agency. One way to do that is to join an insurance cluster. But what is an insurance cluster, and what are the benefits to joining one? An insurance cluster is basically a group of small insurance agencies who have gotten together with the goal of mutual aid and support.

With the daily news filled with stories of devastating wildfires, hurricanes, flooding, and tornadoes, families are understandably concerned about protecting themselves and their assets from these dangers. Since the home is the most expensive asset most families will purchase in their lifetime, protecting its value is crucial to their overall financial health.  While little can be done to prevent unexpected weather events and natural disasters from occurring, making sure your home is fully insured can offer the reassurance families need when these types of losses occur.

You might not realize that car insurance agencies view lapses in coverage in a negative way, but this is true. When a person has a lapse in coverage, an insurance company will typically consider this person a high-risk driver, and this will automatically cause the person to pay higher rates on their auto insurance coverage. If you have a lapse in your coverage but not need insurance, here are a few things you should know.

Car insurance coverage should never be fixed; there are times when you need to increase your coverage and times when you need to lower your coverage. Here are some of the circumstances where decreased coverage may make sense: Your Car Has Broken Down and Is Unroadworthy You don't need serious insurance coverage for your car if it's broken down and shouldn't be driven. This is particularly true if the repairs will take some time—say you don't have the repair money or you have an alternative car and you aren't in a hurry.

A lot of people own vacant property, and most of these individuals do not purchase property insurance for the land they own. After all, insurance is designed to cover structures on the property and not the property itself. While this is true, insurance does not only offer coverage for structures. Instead, it also offers other types of coverages, including liability coverage, and this is very important to have for a vacant property.

If you run any business with employees, you need the right insurance coverage to protect you from injury claims they may lodge against you. In fact, you need more than one type of business insurance coverage. Here are three of the most important types of insurance coverage you need to protect you: Workers Compensation Insurance Workers compensation insurance pays for an employee's damages if the employee is injured while on the job.