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Umbrella Insurance: Do You Need It?

Money Talk

Like an umbrella that covers your head to protect you from a rainstorm, an umbrella liability policy “covers” your other property insurance, thereby providing additional protection. To summarize, umbrella insurance protects policyholders’ assets from large claims when they are found at fault.

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Auto Insurance: Strategies to Save

Money Talk

One of the largest items in household budgets is car insurance. According to Bankrate, the average annual cost of car insurance in June 2022 was $1,771 per year ($148 per month) for full coverage and $545 for just the minimum coverage required by state law. Do you want to save money on car insurance without sacrificing needed coverage?

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Vacant Office Buildings May Have Insurance Problems

InterWest Insurance Services

However, these changes have resulted in increased commercial building vacancy rates, and that can leave their owners with insurance problems. Insurance companies are hesitant to insure buildings that fall below 50% occupancy because these properties may: Be poorly maintained. the year before. Security is still in place.

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Are You Actually Covered? It’s Time to Evaluate Your Group Disability Insurance

CorpStrat

If your company provides Employee Benefits, there’s a good chance you’re enrolled in a Group Disability Insurance plan. If you’re a high-income earner who assumes you’re adequately insured, think again. These rates are influenced by various factors such as economic conditions and insurance provider policies.

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A Benefits Leaders Top Priority: Reducing Cancer at all Costs

employers are bracing for the largest increase in health insurance costs in a decade next year. And the largest healthcare expense to employers?

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Which states require you to have health insurance?

PeopleKeep

One initial aspect of the ACA required all Americans to obtain health insurance that provided minimum essential coverage (MEC) through their employer or on an individual basis or pay a federal tax penalty. But, some states still require their residents to have health insurance.

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Home hazard insurance: A critical part of your homeowners’ insurance policy

Higginbotham

Rebuilding after a fire, storm or other disaster can be expensive, especially without the proper insurance coverage. Because the average homeowner may not have enough cash to cover repair costs, hazard insurance is a critical part of homeowners’ insurance coverage. What is home hazard insurance?