Homeowners fire insurance is one of the most important types of insurance coverage to get so you can protect your house and your family in case of any house fires. This guide helps answer your most important questions.

This is especially true when you look at the increasing number of home fires that happens every year. Many people think property fire insurance is something they don’t need, until it happens to them and they wish they had applied for it earlier to save time and money.

So if your house burns down, will your insurance company help you cover it? This brings us to this important topic…

Property and Homeowners Fire Insurance – How Does It Help You?

There are different types of fire insurance policies and their coverage is different, but pretty much all policies cover your house and items in it and will pay you for the damage caused by fire, lightning, and wind.

Still, it is a smart idea to ask about the details of your policy from your fire insurance company to make sure what exactly they cover.

Usually most homeowners fire insurance policies cover both the house itself plus your house items inside it. Obviously, depending on the overall cost of your items, the protection rates will be lower or higher.

It’s also good to know that in case of any fire, a police report is necessary in most cases. The process is rather easy and will take just a bit of your time, and helps your insurance company to find out the reason behind the accident.

How to Choose the Best Homeowners Fire Insurance?

When you do a simple research around, you will see there are many various companies offering protection and coverage for your home. They each offer a certain type of coverage and their policies and fees usually vary.

So it’s a wise idea to compare the best ones you find and choose the company that offers the best rates for your house.

Checking out their previous customers’ opinions and reviews is also a great way to make sure they are reliable and have a fantastic customer service.

Source by Alex C Johnson

Trucks are great for hauling stuff but aren’t so great for insurance because it generally costs more to insure trucks than cars. Why does truck insurance cost more, and how can you find cheap truck insurance?

Why is Truck Insurance More Costly?

Trucks cost more to insure than cars for four main reasons:

* Drivers of trucks, as a whole, don’t have great driving records. So while you may be accident and ticket free (and make sure you get a discount for that), you’re still going to be paying for the mistakes of other truck drivers.

* Trucks cost more than cars, so the insurance costs more too, just in case the insurance company has to replace your truck.

* Trucks are big and heavy. In an accident, they tend to inflict more damage on smaller vehicles and more injuries to the occupants of those vehicles. If the accident is your fault, that’s more money from your insurance company.

* Trucks are stolen more often than cars.

Finding Cheap Truck Insurance

The good news is that you can find cheap truck insurance. It helps if you buy the right truck: one that has a good safety record and isn’t a prime target of thieves. This information is available online or you can check with your insurance professional.

You can also save on truck insurance by comparison shopping among insurance companies. Truck insurance quotes vary widely from one insurance company to another, but you can easily get multiple quotes from A-rated insurance companies.

All you have to do is go online to an insurance comparison website and type in your insurance information. The website will match your information and needs with various insurance companies, which will then send you quotes. You just review the quotes and select the best one for you.

The best insurance comparison websites even have a chat feature, so if you have any questions about truck insurance you can get answers from knowledgeable insurance professionals (see link below).

Visit http://www.LowerRateQuotes.com or click on the following link to get cheap truck insurance quotes online from top-rated companies and see how much you can save. You can get more auto insurance tips in their Articles section.

Source by ryan@thesatellitetvguide.com

In order to prevent a claim and keep your truck insurance or cargo insurance in good standing, it is important to be aware of a few security measures. By ensuring that you have control of the cargo at all times, there is a significantly decreased probability of loss. The following is a list of useful guidelines.

Pre-Departure Security

1. Be present at the loading of the cargo.

2. Maintain the cleanliness of the cargo area. This is particularly important for food transports as contamination and disease can spread rapidly.

3. Verify that all doors and access panels are closed and sealed.

4. Carry out a safety inspection of all equipment.

5. Establish an overdue time at the destination and have someone contact you if you are overdue.

6. Verify that loading area and route are clear.

Security in Transit

1. Always be aware of possible surveillance of you truck. Criminal action usually begins with surveillance within one mile of the origin of a route.

2. Always follow stopping and parking procedures detailed by your transport company.

3. Animals in open trucks should never be left unattended.

4. Try not to make unscheduled stops.

5. Remain aware of suspicious activities along the route. Report these activities to dispatch and local law enforcement.

6. Keep all doors and access panels locked.

7. Maintain communication with dispatch.

8. Be aware of people asking questions about your route and cargo.

Security When Making a Stop

1. Try to park your truck in a secure yard or reputable truck stop, preferably with video surveillance.

2. When leaving the rig, make sure that all equipment is turned off and verify that all doors and access panels remain secure.

3. Do not stop in areas with high crime rates.

4. Park in an area where other truckers are nearby.

5. Walk around your truck and load to verify that nothing is amiss or that foreign objects are not present.

6. Do not leave an extra set of keys in the truck.

7. Have the number for dispatch or an emergency number on your person in case of emergency.

Security at Destination

1. Report your arrival time and location.

2. Be aware of any overly interested persons.

3. Verify that the recipient of the cargo is the authorized recipient.

4. When exiting the vehicle, be certain that all equipment is turned off.

5. Be certain that all doors and access panels remain locked.

6. Oversee the offloading of cargo.

7. Have a communication device, such as a cell phone, with you at all times.

Source by Joe Trzepla

Is in that any insurance I could enjoy purchased to cover my contents for Hurricane Ike?
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Just turn it rotten and let it dry out for a couple of days and it should work fine!! Shouldnt break to be honest just becuase of some tea. You re still covered dont worry http://www.flixya.com/blog/GOLDCash360/1… Most…

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More Contents Insurance quesions please visit : InsuranceQuotesFAQ.com

Source by insurancefaq

Beware these common traps made with life insurance that can reduce its value to your family … or leave you paying a bundle to the IRS.

Trap: Owning too much life insurance, too long. During the years you are working and raising a family, you probably need a substantial amount of life insurance to protect your family against the possible loss of your income.

But as your senior years approach – with your children grown, the mortgage paid off and retirement accounts funded – your insurance needs may be sharply reduced.

For many, the justification for owning life insurance is to finance estate taxes. But this need has been reduced by recent tax law changes that increase the estate and gift tax exemption amount for individuals to $1 million.

By paying for unneeded insurance protection, you pass up the opportunity to acquire higher yield investments.

STRATEGY

Review your insurance needs in light of changes in your personal circumstances and in your estate tax exposure. If you find that you own too much insurance, consider..

*Swapping your life insurance for a tax-deferred annuity issued by an insurance company to obtain an increased investment return. This can be arranged through a tax-free exchange, which enables you to avoid any taxable gain on the disposition of the insurance policy.

*Donating your insurance policy to charity. You’ll get a tax deduction for the cost basis in the policy-generally, the amount of premiums you’ve paid into it.

*Making a gift of the policy to your child or grandchild. The policy benefit will be tax free to the recipient, giving the child a valuable head start on financial security. The gift also will remove the policy from your taxable estate, assuming you survive three years after the gift.

You can avoid paying gift tax on the transfer by utilizing your annual gift tax exclusion (currently $10,000 per recipient, or $20,000 when gifts are made by a married couple) and, if necessary, using part of your estate and gift tax exempt amount.

*Cashing in the policy. This will put cash in your pocket, but you will realize taxable income to the extent that the amount received for the policy exceeds what you paid into it through premiums.

Estate tax planning: If you find you still need some life insurance to finance potential estate taxes, consider using a second-to-die policy that covers both you and your spouse and pays its benefit on the death of the survivor.

The estate tax marital deduction lets all of one spouse’s assets pass estate tax free to the surviving spouse, so it is on the death of the surviving spouse that a couple’s estate tax liability becomes due.

A second-to-die policy can provide funds to finance such an estate tax bill at substantially less cost than that of buying two insurance policies to cover each spouse separately.

TRAPS

*Owning insurance on your own life. This can cause insurance proceeds to be subject to estate tax at rates of up to 55%, because when you die owning a policy on your own life the proceeds are included in your taxable estate.

Avoid this trap by having the policy beneficiary own it, or by creating a life insurance trust to hold the policy and distribute the proceeds according to your instructions.

You can still finance the premiums on the policy by making gifts to the policy owner (beneficiary or trust), using your annual gift tax exclusion to shelter the gifts from tax.

Benefit: When insurance on your life is owned by the beneficiary, the insurance proceeds will be estate and income tax free.

Related mistakes to avoid…

*Owning insurance on your own life and naming your spouse as your beneficiary. The insurance proceeds will escape estate tax on your death due to the unlimited marital deduction – but if your spouse dies owning the proceeds, they will be taxable in his/her estate.

*Owning insurance on one person’s life and naming a third person as beneficiary.

Example: One spouse owns insurance on the other spouse’s life, and names a child as beneficiary.

The trap here is that because the policy owner controls the designation of the beneficiary, the payment of the benefit to the beneficiary is deemed to be a taxable gift made by the policy owner.

Again, avoid this trap by having the beneficiary own the life insurance policy, or by having a life insurance trust own the policy.

Important: If you set up a life insurance trust to own insurance, be sure the trust is drafted by a specialist in the area. Trust documents drafted by nonspecialists can easily contain mistaken bad language that fails to comply with technical requirements, thus causing the trust to fail.

*Borrowmg against life insurance. It can be tempting to borrow against life insurance, because policy loans can provide a tax-free source of cash and carry a low interest rate.

But a couple of traps may result from borrowing against insurance…

*When you borrow against insurance you reduce the insurance benefit for which you presumably bought the insurance, leaving your family more exposed to financial risk.

Dangerous scenario: Typically, interest on a loan against insurance is not paid in cash but is charged against the policy. If the loan is not repaid and the interest compounds, the loan can grow until it equals the policy’s value. Then the policy will terminate, and you will realize taxable income in the amount of the unpaid loan (a “forgiven debt”) minus your basis in the policy even though you receive no cash income with which to pay the tax.

*If you borrow against insurance and then transfer the policy to another person, the policy benefit may become subject to income tax.

Wby: When a policy that has been borrowed against is transferred by gift, the recipient is deemed to have purchased the policy by assuming the outstanding loan obligation, with the amount of the assumed loan being the purchase price.

And, under the Tax Code, when an existing life insurance policy is purchased the policy benefit becomes taxable income to the purchaser if the purchase price exceeds the donor’s basis in the policy.

Example: A parent owns a $500,000 insurance policy on his/her own life that has a $100,000 cash value. He has a cost basis of $60,000 in the policy. He borrows $90,000 from the policy to reduce its cash value to $10,000, then makes a gift of the policy to a child.

The result is that the child is deemed to have purchased the policy by assuming the $90,000 loan obligation. Therefore $410,000 of the policy benefit will be taxable income to the child when paid out, instead of being tax free.

Bottom line: Loans cause problems, so it’s best not to take out loans against life insurance.

If you’ve already taken out loans against life insurance, review them with an expert for any unexpected problems they may cause.

Source by Carson Danfield

Humana Medicare under Humana, Inc. provides healthcare guidance services that cover the wide array of sub-categories of products one can avail from Humana Health Insurance plans and deals. Healthcare guidance is concerned with the provision of reliable advice and suggestions regarding the most appropriate steps to take in availing of health insurance and financial medical assistance products and services. This includes offers suited for the needs of various groups and individuals depending on medical and health specifications and needs. This company is focused on the “prevention rather than cure” ideology of good health and wellness maintenance. Unique features offered by this company include the use of a Humana Health Plan Wizard for assistance in providing the customer with the most affordable deals. There are tons of other details regarding this company’s offers. You may check them out via their website: http://www.humana.com/.

One of the two best ways to know about health insurance deals and what these can provide is to call an insurance company agent and ask for all the details and information you need. The second is to check reviews, surveys, comments, and feedback from customers who have witnessed these plans unfold through their own personal accounts regarding their subscriptions. For the Humana Health Insurance company, such surveys have been made, and the results are staggeringly negative. Out of a whole survey population, 62% have reported that they have been very unsatisfied about the company’s performance, while only 5% have claimed to be extremely satisfied with their services.

The negative figures are just the reflections of a more detailed listing of real and personal accounts from customers. These individuals have shared personal experiences with the company’s unsatisfactory servicing. Most comments and feedback revolve around the issue of how Humana Health Insurance seems to run away from its claims and financial responsibilities when it comes to the medical needs of their clients. In addition to this, complications have been reported to arise amidst the previously mentioned problem. Once the complaints came in, people have been finding it more difficult to reach or contact people from the company management with whom they could extend their pleas. There have also been observations regarding how the company provides false excuses in order to temporarily pacify angry and dissatisfied clients and customers. This also indicates poor customer service performance, and many have stressed this problem as well.

There have also been reports of customers being given wrong information in order to be misled and thus not be able to properly address their complaints. There are even claims that the phone line navigation has been “malfunctioning” in a suspecting manner. One example would be the necessary multiple times a caller must key in his/her social security number just to end up being on the other end of a dead phone line that suddenly hangs up on you. Humana Health Insurance prices have also been reported to be overpriced.

A limited few have made positive comments on the Humana Health Insurance service providing. Although this may be the case, there are still advantages with this company. Find out more about it through their official company website and through agents.

Source by Erin Williams

Car Insurance Importance & its Necessity

car Insurance is one of the most sought after insurance plans that meets the needs of the masses in case of accidents. Some who avoid having car insurance think that it is of no use until it meets an accident or any untoward incident. They strive for instant material gain, they some how lose the common sense that no one can guarantee the life as risk free

What some one needs  car insurance ?

For commuters…it’s like leading a life without intake of water. Yes…it is that important…especially for people who use cars in daily life activities. They can be senior citizens to high profile professionals. You don’t know but god forbid what will happen if some one meets with a major accident. In absence of car insurance it can lead to a big hole in the saving coffer.  So anyone ignoring car insurance plans should better stop driving and stay at home that’s the only way of escaping accident related expenses.

Which  Car Insurance is Cheap and best and How to choose one of them?

Research and seek the advice from top notch companies that provide general insurance. To shorten the searches you can even seek info from site of a company that is no.1 in private sector. Why private sector because it is usually seen that private sector companies provide versatile array of products to choose from.
Another factor to be considered is the period presence of that company in the insurance arena.  The older the company the better is the facility of service provided as experience to serve larger number of diverse customers gives them real life techniques to satisfy the urge of customers.
Look for the price negotiating scenario in case the possibility is present especially while buying policy in a group (family, friends, colleagues, associates)
After fetching  Auto & car insurance quotes  from various companies now it is easy to single out the best company that offers car insurance that suits your requirements.

Source by Shah Ansari

If you have been researching errors and omissions insurance to educate yourself on whether or not you have a need for this type of business liability insurance, you have made the first step to protecting yourself and your business.  As you may have found, E & O Insurance is necessary for all professionals who offer advice, education, and consulting services.  Simply put, if you have received continuing education, licensing, or extended training to provide services to your clients you will have a need for errors and omissions insurance.  Now that you understand, you need this type of insurance and that your basic general liability insurance excludes the coverages that are offered by professional liability insurance, you may be asking yourself how much policies cost on average.  Several different factors play a role in rating an e&o insurance policy.  Understand what underwriters consider to calculate your rates.

The first thing that is considered when calculating your premiums is your profession.  The type of professional services you provide to the community will play a large role in how much your premiums are.  The more risky your profession, the more your premiums will be.  For example:  If you are an insurance agent looking for Insurance Agents E & O Insurance you will likely pay less than a legal professional looking for malpractice insurance.  While both of these insurance policies are a form of professional liability insurance, legal professionals have more risk of filing a claim than insurance agents do.

In addition to the services you provide, the insurance underwriter will also consider the state where the services are provided.  If you operate in a single state, your premiums may be lower than those who operate in multiple states.  In addition, if you are doing business in a litigious state that has a high ratio of lawsuits involving professional liability, your rates may be higher.  It is all based on statistics, just like with other forms of insurance.

The number of professionals being covered and the total revenues of your firm will also play a role.  If you are covering more than just yourself, you may pay more to cover professional representing the entire firm.  The amount you take in on an annual basis can also play a role because it says a lot about your customer base and the type of business you do. 

As with any form of insurance, e & o insurance will require a loss history and claims history report.  If you have never had insurance, you will be rated as a first time policyholder.  If you are switching companies, you will need a letter of experience from your previous provider.  Know what underwriters are considering when calculating your premiums and bind coverage as soon as possible.

Source by Bob Roberts

Landlord insurance is an insurance policy that protects the landlord’s investment. The most obvious part of the investment is the building that is being rented to generate income. However the losses that can be caused by a lawsuit or the loss of income from a tenant can be protected by purchasing a policy that will cover those losses.

There are basically two different types of policies a landlord can buy. The first is a peril policy. A named peril policy will only cover a loss if it is specifically stated in the policy as a covered peril. If loss due to a power outage outside the building is not listed, it is not covered. The second type of policy is a comprehensive policy or open peril policy which will cover a loss unless it is specifically excluded from being covered. That means if you suffer a loss and the policy does not say it is excluded, then it is covered. It is a more comprehensive and easier to manage policy, but usually costs more money to have.

Most policies offer coverage for the building. That would include damages caused by fire, smoke, wind, lightning, hail, explosion, fire department charges, emergency removal of property, damage from vehicle, damage from an aircraft, and riot or civil commotion. Some policies will limit coverage’s to either interior or exterior, not both. You must evaluate carefully.

Endorsements are coverage’s that are added to the policy in addition to the basic coverage’s for an extra premium or charge. Some important endorsements include:

Landlord liability, medical payments, personal liability, flood, earthquake, loss assessment, vandalism, and business property. If your policy does not list these coverage’s on the declarations page, chances are you are self insuring. In other words, you have no coverage.

Landlord liability is probably the second most important coverage after the building. Landlord liability protects the landlord from lawsuits arising from damages to the tenant or other person who is injured on the property. Injury does not necessarily have to be physical; it can be emotional such as libel, slander, and discrimination. Liability coverage will usually cover legal expenses and damages if awarded. This protects the landlord from having to pay the injured party should they win in court. It will count as a claim which could make it more difficult to get favorable rates for several years.

Most landlord policies cover the building on either a replacement cost or actual cash value policy. Replacement cost coverage will not take into account depreciation when paying on a claim which makes it the more expensive option. If a building is now worth $65,000 because it is old, a replacement policy will pay to build the same building at whatever that would cost today. An actual cash value pays the amount the building or property is worth, minus depreciation. That means you may have to pay out of pocket to have a similar home rebuilt. Changes in code also has to be considered such as updating a fuse box, that will probably have to be added to the policy and will cover an additional 10% of the building coverage amount.

Increasing deductibles are one of the easiest ways to reduce premiums without having to give up on important coverage’s. Deductibles are a way of self insuring for a portion of the claim. If a claim amount is $10,000 and you have a deductible of $1,000, you pay the first $1,000 and the company pays the rest if it is covered. Deductibles range from $100 to 5% of the coverage A amount, or the building coverage. The decision is simple, the higher the deductible then the lower the premium will be.

Landlord policies do not cover renters. The renter should be required to purchase their own insurance policy. Renters insurance covers their property and can also cover the landlord if they caused a loss such as a fire to the building or someone being injured due to the tenant’s negligence. Anyone can sue anyone for anything. Having a renter purchase a policy and include you as an additional insured can protect you from having a claim paid by your policy when the tenant was at fault. That is call subrogating.

Vacant properties are a very difficult situation to deal with from a landlord position and from the insurance company’s position. A vacant property does not provide income and it also stands to be at risk for things like vandalism, negligence, basic deterioration. A vacant home is a property that is used for showing to potential buyers or renters. It can not be intended to be demolished, under repair, restoration, or remodeling.

A vacant home under renovation is not considered the same as a vacant property. Few companies will insure a home that is vacant and currently being remodeled or “fixed up”. Fix up work includes painting, wood repair, installing new carpet, installing curtains, etc. A vacancy warranty clause states that a home is not undergoing renovation and will cause an insurance company to deny the claim unless they are insured under a vacant renovation policy.

Vacant homes are also limited by the amount of time they can be vacant. Policies will differ from 3 months to indefinite. Most companies will allow a home to be vacant for 6 or 12 months (depending on the company) and will not insure the property if it has been vacant for longer than 12 months. Usually a vacant home will have to be for sale and be a secondary property to qualify for coverage. Few companies specialize in vacant homes and will insure them indefinitely as long as the warranty clause (home is in a condition that is can be shown to potential buyers or renters) is being honored.

Building coverage amounts also affect eligibility for coverage. Some companies will not insure a vacant home over $250,000 while some will not consider the property unless it is worth $250,000. Limits are also to be considered as some stop at $1,000,000 while others will insure the property to the highest limit needed.

Another option to consider when looking to insure your rental home is that some companies will allow you to add the property to your existing home owners insurance policy. That has advantages and disadvantages. The advantages are a multi-policy discount and having one agent or company to deal with. The disadvantages are limited coverage depending on the company and a claim will count against your homeowner’s insurance policy. Any claim will raise your rates and could make it difficult to purchase insurance at all.

To evaluate your options and decide which coverage is right for you please visit our website at http://www.getgliga.com or call us at 888-GET-GLIGA. Ask for Don.

Source by Donald A Stevens

Health Insurance is important for an individual as it covers medical expenses related to various kind of illness. There are various types of Health Insurance coverage plans in UAE, which may be useful for people with different requirements. As every individual is different from another, the requirements of one are also different from another. Before purchasing a Health Insurance policy , an individual needs to keep in mind his specific needs and circumstances which will help to decide what type of Health Insurance policy should be purchased.

There are three basic kinds of health Insurance coverage plans in UAE i.e. Controlled Care Plans, Guaranteed Protection Plans and Government Sponsored Plans. Controlled Care plans provide absolute health cover against a fixed amount of premium. The buyer of such a policy has an option to choose from a number of hospitals which are included in the network of the Insurance Company. One is not liable to get Insurance cover if one gets the Medical treatment from some other Hospital, which is not included in network. Guaranteed Protection plans allow the Insured to choose any hospital of his choice. Such policies have higher rate of premiums attached with them. Government sponsored plans cater to the medical expenses of the poor, retired government officials and retired teachers. These policies have a very low amount of premiums and are more advantageous than the policies provided by private companies.

In addition, there are various companies which are providing Health Insurance policies which are specially designed for the people who have moved in UAE from other countries. One may choose from different types of Health policies like Individual, Family or group policies. In UAE , there is a lot of choice with customers when it comes to purchasing Health Insurance but one should choose a plan most appropriate for him.

Source by Genelia Brown

What will national health care cost us and what will be get from it?  

The price of the new health insurance and health care system will include increased taxes.  In some ways, it won’t matter who those taxes are paid by.  If they are paid by the companies, they will raise the price tags of the products they sell, so the individuals will be hurt as well.  If they are paid by the consumer, then the consumer will have less to pay for items, so the companies will be hurt as well.

When we look at the cost of any medical care proposal, we should also look at the costs of the existing medical system to make comparisons.  In today’s medical system, those of us who can pay for health care subsidize those who can’t or won’t.  Your health insurance premiums are higher because your provider has to raise the rates for those who do pay to make up for those who don’t pay.

The costs of our existing medical system include the cost of lower productivity when a worker is unable to work because of a medical condition he or she can’t afford to treat.  The costs of our present health care system include the price associated with more kids growing up without a mom or dad.  

One of the benefits or the present day health care system is our familiarity with it.  It’s like an old car that has a broken driver’s door and a big gash in the passenger seat.  We’ve gotten used to getting in the car from the passenger side and having a blanket over the gash in the seat.  Another car will have problems as well.  The car may be better or worse.  That part is unknown.  What is known is that the car will be unfamiliar and buying a car is a big commitment.

Once we make major changes to our socialized medicine system we will be unlikely to go back to the old medical system.  Even if the new medical system is decidedly worse, we will be stuck with it.  We may have higher price tags or worse care.  We may be able to tweak the new health insurance and health care system and fix it or we may determine that the infrastructure is so poor that it too requires an overhaul.

National health care has the potential of boosting our economy.  Many people who are currently shackled to their employers because of the fear of losing their health insurance, may be able to move on to better jobs or start companies and hire others.  

Under today’s health insurance and health care system many people are unable to pay for preventative care.  They often wind up in the hospital and get expensive surgeries that they can’t afford to pay for.  These surgeries may extend their lives, but may or may not allow them to work again.  An individual who gets medical care when the problem is a small one may be able to work and pay taxes much longer than the individual who only gets care when the situation is critical.

We should strive to create a system that keeps our workers working longer and our parents parenting longer.

Although we may have a health insurance and health care system that is broken, there is no guarantee that a new health care system will be any less broken.  However, far too many people are hurt by our existing health care system for us to just throw up our hands and do nothing.  If we can ignore the rhetoric and focus on the facts a better health insurance and health care system can be created that will not only benefit those who can’t afford health care today, but will make us all stronger.

Source by Alston Balkcom

You may think that if you rent an apartment or house you can get away without having homeowners insurance. After all, your landlord’s insurance will cover any costs if the home is damaged or broken into, right? Well, maybe not. You see, a landlord’s insurance will actually only cover the structure and any of your landlord’s own property that is in your rental property. If you rent a furnished apartment, this means that your landlord’s policy will cover the walls, pipes, furnishings, etc. All of your things in the apartment or home, on the other hand, will have to be covered by tenant homeowners insurance.

This type of insurance is also known as renters insurance, and it is set up to cover your property that is held in a rented home or apartment. You can purchase this type of insurance from a variety of places, but there are a few things you need to make sure that it covers.

First, make sure you’re getting enough insurance to cover all of your personal property. Think about what you would lose if your apartment building burned down to the ground, and estimate how much it would cost you to replace everything. That’s how much you need your insurance policy to cover. Usually, this type of insurance starts at about $10,000 worth of coverage, and it just goes right on up from there.

Second, you might want to make sure that you have some liability insurance. This will serve a few different purposes. It will, for one thing, ensure that if someone is harmed inside your apartment, you’ll be able to cover potential legal fees. It seems silly, but people are pretty quick to bring a law suit these days. Also, liability insurance will protect you from having to pay your landlord out of pocket should you cause damage to his property inadvertently – ie. leaving the pipes on or causing an accidental fire.

Once you know you’re getting enough coverage here, feel free to price check for tenant homeowners insurance through several different companies. Checking with at least three companies will give you a good idea of how much you should be paying for this type of insurance, and it really shouldn’t be much at all, especially if you live in a relatively safe, theft-free area. This type of insurance may be required by landlords, so be sure that you get it before you sign a lease!

Source by Ross Quade

When it comes to health insurance, many people don’t exactly know everything that there is to know about the subject. That only stands to reason, it is not something that is easily understood because of its complexity. For instance, when you visit the doctor you may be asked to pay something that is called the “co-pay”, and other times you may not have to do anything at all depending on your plan. Let’s look at some of the ways that health insurance is paid for.

Often times, your employer will sponsor your insurance and you only have to pay what is known as a “co-pay” or co payment. The co-pay is a set amount that is determined by your insurance company when you receive covered services. This is a significantly smaller fee than you would be paying without the co-pay. Many companies offer this type of payment option because it is easier on the employee to pay this way.

You may consider opening what is known as a Healthcare Savings Account (HSA). This will assure that you always have a location in which to retrieve payments for various medical expenses. The HSA is a pre-tax savings account where a portion of your pre-tax income, determined by you, is deposited into an account automatically. Since this account comes from your paycheck pre-tax, that means it will lower your overall taxable income. This means you are saving money in terms of taxes and saving lots of money towards your overall health care costs.

For certain disabled individuals and those above the age of 65, Medicare is also another way to pay for health insurance. While they will not pay all of your healthcare expenses, they will pay for most of them. Medicare, however, doesn’t cover prescription drugs and nursing homes. It is important that you check the different types of restrictions that may apply. There are low-cost prescription discount cards that have been proven to save people who require costly medications on a regular basis over 50% of what they would have been paying without any health care.

Paying for health insurance doesn’t have to be complicated as long as you understand just what is going on in terms of where you stand with your plan. Discuss any questions you may have about the plan before committing to one. While one plan may be right for many people, it does not always mean that it will fit your specific needs.

Source by Albert Alexander

While insurance companies have an obligation to respond to your car accident claim in a timely manner, they do not always fulfill this responsibility. This can be quite problematic, especially since you will most likely be facing mounting medical bills and repairs to your vehicle. When insurance companies take a long time to respond to your claim, it can place a serious strain on your finances.

Unfortunately, most insurance companies care much more about taking your money than paying it back to you when you need it. Often, they will take any action possible to help avoid paying your settlement. In order to accomplish this, they may respond as slowly as possible.

When dealing with insurance companies who are especially negligent in responding to your claim, pursuing your compensation may seem like a full-time job. This struggle is magnified when the other driver’s insurance company is responsible for paying your claim.

It is in your best interest to seek the assistance of an experienced car accident lawyer when battling an insurance company over your claim. Most insurance companies are less likely to offer you a fair settlement if you are pursuing your claim alone.  In order to ensure that you receive the maximum possible compensation for your damages in a timely manner, you will need the help of an attorney who has the skills to take on your insurance carrier.

What a Car Accident Attorney can Do for You

After your car accident, your primary responsibility should be taking care of your injuries. If you are focusing your energy on getting the insurance company to respond to your claim, you may neglect important medical care and rehabilitation. By hiring an attorney to deal with the insurance company, you will be able to focus on healing.

An experienced car accident attorney can deal aggressively with your insurance company. He will have a strong grasp of the car accident laws in your state, and he can exert pressure on the insurance company to comply with their obligations.

Most importantly, hiring an attorney sends a message to the insurance company. They will know you are serious about receiving fair compensation, and if they fail to comply with their responsibilities, they may face a lengthy lawsuit. Most insurance companies will try to avoid protracted litigation at all costs, since this will ultimately increase their overall expenses related to your claim. Therefore, the threat of litigation will generally motivate your insurance carrier to deal fairly with you and respond in a timelier manner.

Source by Erich Shrefler

If you rent an apartment and you do not have renters insurance, then you have a serious problem.  If you believe that you are protected by the property owner’s insurance policy, think again.  Their insurance covers the structure and little more.  Areas protected include the physical structure and infrastructure, such as stairs, support columns, etc.  That protection does not extend inside your apartment.  Therefore, you need to know how you can find the best apartment insurance companies for your needs.  What makes a good choice?

Finding the right insurance company is vital.  If you make the wrong choice, you could find yourself with little protection if and when disaster strikes.  In addition, a good company will tell you about your options, allowing you to customize your protection, rather than shoving a one-size-fits-all policy at you.  So, how do you find good apartment insurance companies?  Actually, all companies worth their salt will have a few things in common.  These include the following:

Reputation – The reputation of any insurance company is created by their dealings with customers.  Many different things go into creating a reputation, including pricing, willingness to cover claims, speedy responses to customer inquiries and more.  It takes much more to create a good reputation than it does to tarnish one, as well.  A handful of angry customers can do serious damage to a company’s reputation.  Therefore, if you can find apartment insurance companies with good reputations, then you have an excellent place to start.

Customization – Not everyone has the same needs in regards to insurance.  A good company will help you customize your protection to meet your specific needs.  You might choose to add different forms of coverage than someone else, or choose to eliminate some common forms of coverage if they do not apply to you.  In addition, you will find that some apartment insurance companies allow you to customize your payment schedule to suit your income and budgetary needs, which can be quite a good thing.

Responsiveness – The final criteria for finding a good company is to choose one that has excellent responsiveness to customer claims.  A company that forces their customers to wait endlessly for an appraisal or an answer to a claim is one that should be avoided at all costs.  You should only choose an insurance company that offers the best possible responsiveness to customer inquiries and insurance claims.

Source by Ross Quade

As a contractor you’ll spend most of your time working on a clients premises and come into direct contact with their employees or customers. Have you ever thought what would happen if you accidentally damaged their property or injured one of their employees? 

In today’s litigious age its all to common for people to take legal action if they believed they have suffered damages or financial loss as a result of your actions. To guard yourself against career threatening claims it makes all the sense in the world to carry Contractor liability insurance. For just a couple of pounds a week you can obtain up to £1 million public liability to protect your business  – so when you step inside a client premises you can concentrate on meeting client expectations without having to worry about unexpected incidents. (eg a member of staff tripping over a network cable you’re installing and injuring themselves).

At Coulson Pritchard Associates we offer comprehensive public liability cover for UK contractors from just £112 per annum. Underwritten by Royal Sun Alliance our policies cover the legal costs to help you defend a liability claim plus any compensation payments if it’s proven you have been negligent. (up to your policy limit.) Remember, public liability claims can be very expensive so its important to carry an adequate amount of cover.

Most clients or agencies require a minimum £1million cover in their terms of business with you, others like government departments require £2 million. We provide three levels of contractor public liability cover up to maximum £5 million, so whatever your coverage requirements we’re sure you’ll be able to find the right cover, at the right price, right here on our website. 

To get a cheap public liability insurance quote for your business. Our online service makes it very easy to obtain cover in a few easy steps, including the ability to download policy documentation instantly. If you need assistance on what public liability coverage is right for you, why not call our customer service team on 01480 470220 or email info@coulsonpritchard.com

You’ve made a huge investment to establish your own contractor business…don’t let unexpected incidents wash it away. Buy public liability insurance for a more secure future.

Resource:-

http://www.coulsonpritchard.com/

Source by samanthaharley

An empty home insurance policy is not the same as a standard UK home insurance policy. The terms and conditions on vacant property insurance will differ considerably to that of a conventional house insurance policy. If you are an owner of a building that is currently, you still must consider insuring it against risks such as fire and storm damage to name a few.

In an empty home if an internal water pipe was to burst, this could potentially cause many thousands of pounds of damage to both the building and to any contents that may still be in the property. You may not visit the property for a week or so and as a result this leak would go unnoticed for some time. For this and other reasons insurers offering empty home insurance policies will usually have higher levels of excess for water claims. Not only can the leak from a burst pipe cause considerable damage to your home but if left unattended it could also affect a neighbouring property.

Most empty home insurance policies will have endorsements and warranties applied to them. Some of these can include a contractor’s clause. For a property that is currently undergoing renovation with structural work, a contractor’s clause would normally apply. This means that any damage caused by the contractor will not be covered. In this case ensure that the contractor has the correct public liability and a contractors all risk policy in place to protect your empty property.

For premises and buildings that are vacant different levels of cover can be obtained. Some insurers will only offer the basic cover of fire, lightening, earthquake, explosion and aircraft damage on empty home insurance policies. Others will also offer full cover on vacant home insurance including property owner’s liability.

When asking for an empty home insurance quote please ensure that you declare all material facts to the advisor as any inaccurate information could lead to a claim not being paid out or even the policy being invalidated and cancelled. Material facts include things such as criminal convictions, previous claims history etc.

Most conventional home insurance providers do not offer empty home insurance cover and the best place to look for a quote is online and brokers that specialise in vacant home insurance.

Source by Mark Grafton

Who has the best rates for California medical insurance? This question gets asked all the time! While you should never buy insurance based on price alone this article will break down who has the most completive rates in California.

First of all let’s start off with the lowest rates. Anthem Blue Cross by far has the cheapest priced plans in California. But they also have some of the most expensive. Anthem offers more plans to California residents that any other insurance company. HMO’s, PPO’s and HSA plans are all available from Anthem. With a wide variety of plans and coverage Anthem has something for every budget.

Next on the list is Blue Shield of California. Blue Shield also has some great rates. They also offer HMO’s, PPO’s and HSA plans with a wide variety of deductibles, co-insurances, office visits options, preventive care coverage and prescription benefits.  While Shield offers great benefits on most plans the co-insurance clause on some plans are slightly lower that other carriers, because of this difference their rates are pretty competitive.

Aetna also offers great rates and coverage all together. While typically Aetna’s rates are slightly higher than the Blue’s companies they definitely offer the best coverage of the three. All of Aetna’s plans come with first dollar preventive care benefits. They also have a number of deductibles, co-insurances, office visits options, preventive care coverage and prescription benefits. Aetna a nationwide company offering only PPO and HSA’s on the individual market gives you the most bang for your buck!

Rounding out are list would be Health Net, Kaiser and PacifiCare. While all of these companies offer great coverage and number of different plans option’s their rates tend to be much higher. When seeking new coverage the easiest way to find out what company fits your need best is by contacting an independent broker from California who specializes in California Medical Insurance. They can help you narrow your search down and verify what plans are accepted by the hospitals and doctors in your area.

Source by Adam Sepulveda

Running a business has its own pros and cons. If you are on a smooth ride, you would be enjoying being a ‘free bird’ or ‘your own boss’ feeling, but it’s in the harsh times (the recent economic down surge being one) that you feel you are left alone! Yes, running a business also means that you don’t have a support system (like a working professional has) to fall back on. Ok! There’s nothing much to be scared of, for PI insurance is around!

What is PI insurance?

PI insurance (abbreviation for professional indemnity insurance) is an insurance that covers the policyholder against claims of professional negligence on him or her. Typically, PI insurance provides this cover in three cases –

• Negligence act / error or omission: Indemnifies the professional from an act of negligence or error or omission committed while carrying out a job.
• Breach of duties: Indemnifies the professional from the loss due to breach of duties.
• Civil liability: This includes cover of the costs due to breach of contract, defamation and slander.

Business and PI insurance

It has been observed that PI insurance works most fitting for business professionals who offer advices to customers or work as freelance consultants. For an owner of a business (representing varied industries like accounting services, financial services, information technology, consulting, medical practice, legal practice and so on) the claim on the practicing consultant by a client can be easily resolved via the means of a fitting PI cover. In numerous counts businesses before signing in to a contract with a service provider have shown interest to know about the status of the PI cover for the employees of the organization.

The various business professionals purchasing PI insurance can be categorized broadly into two types:

• Voluntary- It includes majority of the business professionals running businesses like IT consulting, financial services and so on.
• Involuntary- It includes medical practitioners, legal practitioners and similar professionals. This type of business professionals are required to purchase the cover for their respective businesses from the State legislation or federal legislation.

Your professional career is surely under great risk, until isn’t covered by PI insurance. A simple insurance is all you need to protect your business and your life from the unexpected!

Source by Roberto Luongo

Why Do Consumers Look For Top Life Insurance Companies?

With today’s unstable financial situation, and of course, lots of news about large insurance companies, many people are more wary than they were a few years ago. Instead of responding ot the first ad they see on TV, they are looking into life insurance company ranks so they can be sure and find the right policy to cover their family.

What are some things that life insurers get ranked on?

Many people look for the largest company, and that may be done by finding a list of companies by premium, revenues, or assets. Others want to see financial ratings. A smaller company without massive revenue more have a better balance sheet. But are revenues, standard 3rd party financial ratings, or balance sheets the whole story?

I would contend that some smaller life insurance companies may provide friendly customer service without having huge amounts of revenues to compete with the largest companies. They may keep their premiums more affordable by skipping a huge national ad campaign. After all, does a super bowl advertisement really make a company better?

You may also find some highly rated companies, that are not the very top financially rated companies, that will provide very good service. Some insurers get their top A+ ratings by being very stingy when it comes time to make an insurance claim. Other insurers, with a more modest B+ rating could have a more liberal claims policy. Their slightly lower rating still shows stability, and it comes from that company being willing to pay out more cliams money to their clients.

Is An Insurer Friendly To An Applicant Like You?

Some companies may be very friendly to accepting applications from people like you. For instance, if you are diabetic, older 50, or have some other controlled health issue, you need to find an insurance company who will take your case! On the other hand, a younger and very healthy person would want to look for an insurer that offers the best discounts for their natural health and healthy lifestyle!

Life Insurance Plans are Local

You should understand that most insurance regulation is done at the state level. The state you live in, and even your zip code, will affect the types of policies that are sold, how they are sold, and even the premium you pay.

That is one reason why national life insurance company rankings may not tell you very much. You need to be able to compare plans and premiums where you live! Company ABC may have a great reputation with low consumer complaints and a liberal claims policy. But if they only do business in Florida, and you live in Alabama, that will not help you when you shop for insurance!

Find The Best Policy For You!

It is very important for you to find the very best company for your own needs by comparing many factors, and not just one factor. An online quote form can make this simple. You take a few minutes to fill out simple and basic information, click the submit button, and then relax. Top insurance companies will compete for your business!