Posts by Insurance News Editor
What Does My Credit Rating Have To Do With Purchasing Insurance?
Insurance scores and credit scores differ. Credit scores predict credit delinquency while insurance scores predict insurance losses. Both are calculated from information in a credit report, such as outstanding debt, bankruptcies, length of credit history, collections, new applications for credit, number of credit accounts in use, and timeliness of debt repayment. Insurers or scoring agencies…
Read MoreSpecial Coverage for Jewelry and other Valuables
To adequately insure high value items, consider a floater A standard homeowners policy includes coverage for jewelry and other precious items such as watches and furs. These items are covered for losses caused by all the perils included in your policy such as fire, windstorm, theft and vandalism. However, there are special limits of liability…
Read MoreFive Tips To Help Protect Your Jewelry
The first thing you should think about after buying a piece of jewelry is to make sure it’s insured against loss, damage, or theft. Here are five tips to help you protect your investment: Check with your insurance agency to find out whether expensive jewelry is covered under your existing policy — they may only…
Read MoreIN: Are Your Valuables Adequately Protected?
Dear Valued Customer, In this issue of “—————–” we focus on the special coverage you may need to ensure your valuables are adequately protected. Read the five tips to help you protect your jewelry. Learn about special coverage for valuables, and how to take a home inventory. Taking a few simple precautions can mean the…
Read MoreIN: Prepare For Winter Storms & Extreme Cold
Dear Valued Customer, In this issue of “——————-” we focus on preparing for winter storms and extreme cold. While the danger from winter weather varies across the country, nearly all Americans, regardless of where they live, are likely to face some type of severe winter weather at some point in their lives. And, whether it’s…
Read MoreWinter Storm Safety
Learn how to stay safe during a blizzard and how to prevent or thaw frozen pipes Each year, hundreds of Americans are injured or killed by exposure to cold, vehicle accidents on wintry roads, and fires caused by the improper use of heaters. Learn what to do to keep your loved ones safe during blizzards…
Read MorePreventing & Thawing Frozen Pipes
Learn how to prevent water pipes from freezing, and how to thaw them if they do freeze. Being prepared and informed may help you to avoid the messy and often expensive issue of frozen pipes. The American Red Cross provides information and suggestions around how to prevent water pipes in the home from freezing, and…
Read MoreSnowstorms & Extreme Cold
Snowstorms & Extreme Cold Winter storms create a higher risk of car accidents, hypothermia, frostbite, carbon monoxide poisoning, and heart attacks from overexertion. Winter storms including blizzards can bring extreme cold, freezing rain, snow, ice and high winds. A winter storm can: Last a few hours or several days. Cut off heat, power and communication…
Read MoreAuto Liability Coverage Contains Two Insuring Agreements
Any business that uses autos needs commercial auto liability insurance. This coverage protects the business against third-party claims that arise out of auto accidents. Claims from vehicle accidents can generate large damages awards against businesses. If a business lacks adequate liability insurance, it may not survive an auto-related lawsuit. A business may be liable for…
Read MoreGuide to Business Vehicle Insurance
What Is Business Vehicle Insurance? As a businessowner, you need some of the same insurance coverages for the cars, trucks, vans or other vehicles you use in your business as you do for vehicles used for personal travel. Your Businessowners Policy (BOP) does not provide any coverage for vehicles, so you must have a separate…
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