Risk Managers

24
Jan

What Affects my Auto Insurance Rates?

Have you ever compared insurance prices with a friend and wondered why you were paying so much more? Have you ever wanted to reduce the premium you pay for your insurance, but not sure how to do that? Some aspects of insurance rates we can’t do much about. The increase in costs of labor and more expensive vehicles are two

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17
Jan

What does Personal Umbrella Policy mean?

Imagine a situation where a person gets injured harshly from your vehicle while driving. If the person becomes unable to work due to this mishap, they may sue you for compensation. This could lead you to shell out a huge amount that might not be covered with the standard policies. In such cases, personal umbrella policies will safeguard your interests

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22
Dec

Know the Policy before you Rent

Irrespective of the type of renters you are, it is key to safeguard yourself financially against any damages to your belongings and the complete unit. While there are several measures to be taken physically, a renter’s insurance is the ideal way to protect the renter’s interest. While some of them may think the other way as the landlord will insure

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24
Nov

What are the extra benefits given by Speciality Auto Insurance over standard auto insurance?

If you are looking to purchase a new car then it is normal to purchase standard auto insurance to safeguard from any financial loss or any kind of liability risks. But in certain situations, standard auto insurance policies are not enough to provide the right insurance to certain special vehicles. A Speciality Auto Insurance policy is required to accurately meet

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12
Oct

Roof Insurance

Homes come in all shapes and sizes, but every one of them has a roof—likely the most important aspect of our homes. So, when it comes to insurance, do you know if your roof is covered? Perils Covered Under a homeowner’s policy, the coverages generally covered are hail, wind, and fire. The following scenarios are ones in which you may

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30
Sep

Bond insurance and a brief on its types

Bond insurance is a kind of insurance policy that is purchased by a bond issuer for assuring the settlement of the principal and all related interest payments to the holders of the bond in the case of default. Bond insurance is bought by the bond issuers for increasing their credit rating and decreasing the percentage of interest required to be

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1
Sep

How to Save Money on Insurance

Everyone needs insurance, and none of us want to pay more than we need to. So, of course, we will make special efforts to get the best deal available. Here are a few simple ways to save money on your insurance. Find the company with the best rate for you. Different companies have preferences and differing rates according to a

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23
Aug

Calculating Coinsurance

Some business insurance policies include a coinsurance clause. If your policy includes a coinsurance clause, the amount of insurance you have purchased (the limit of insurance) must equal or exceed a specified percentage of the value of the insured property. For example, if 80% coinsurance applies to your building, the limit of insurance must be at least 80% of the

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17
Aug

 Disability Insurance: What is it and why one would need it?

A major strength for the majority of persons is the capability to work and get appropriate income. Irrespective of their occupation, disability is a risk that can be faced by every working individual, posing a big risk to their income. With all these risks, what would be the condition if a person suddenly loses the capability to earn income? What

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19
Jul

What is security bond? How does a security bond work?

Security or surety bonds possess different distinctions to the classification and purpose relying on the necessity of that particular bond. There are multiple kinds of surety bonds in the United States while some offer coverage and comply with local, state, and other federal requirements, and others ensure guaranteed tax payment or other financial requirements. Keep reading below to know more about

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