Understanding Insurance Policies

Posted on: 19 May 2022

The law requires that every car owner obtains at least third-party insurance for their vehicle. Unfortunately, a third-party cover only protects you against legal liabilities after an accident and doesn't protect your car against damage costs, total loss, or theft. This is where comprehensive insurance comes in. In addition to the benefits of third-party cover benefits, a comprehensive plan also covers against flood or fire damage, natural disaster, collisions, and theft. [Read More]

Posted on: 4 April 2022

Just because you operate a small, sole-proprietor business does not mean you can forego the proper insurance. If you are unsure of where to start, contact a commercial insurance agent and ask about a business owner's policy (BOP). This type of policy starts with coverage for any property the business owns (which is besides real estate can include items such as computers, machinery, inventory, and any other items needed to run the business,) and also allows for some liability should someone be injured due to your business operations. [Read More]

Posted on: 1 March 2022

The consensus amongst many people is that if you have a car accident, you can guarantee that your auto insurance premium will increase. However, if you take a closer look at the way insurance companies sometimes assess accident claims, you might discover that this practice can apply to some situations, but not all of them. Learn more about the factors that insurance companies sometimes use when evaluating claim-induced premium increases. [Read More]

Posted on: 18 January 2022

As a company owner, it's your responsibility to look out for your employees' well-being. Knowing that you've invested in their welfare gives your staff the confidence to report to work and go the extra mile to grow your business. No matter how many employees you have, it's crucial to have workers comp insurance that covers your staff for work-related injuries and losses. This gives you peace of mind knowing that your employees can quickly bounce back after an unforeseen accident. [Read More]