Uber and Lyft driving can be excellent ways to earn additional income. However, it comes with certain risks that drivers may not have initially considered. The right insurance is one of the most important aspects of ridesharing. Most drivers believe that their auto insurance covers commercial driving, such as for rideshare companies. Uber and Lyft provide some coverage, …
Most people, when looking to buy an insurance policy, just look at the perks and not the exclusions. But exclusions are just as important as benefits. Exclusions are specific items, conditions, or situations that will not be covered by the insurer under the agreement. Not knowing these exclusions can result in great surprises and financial …
Electric vehicles are gaining popularity in the automobile industry. Finding the right insurance is essential. Electric cars are different from traditional gas-powered vehicles because they have advanced technology and unique components, such as lithium-ion batteries. These factors can affect insurance rates and requirements. When determining which insurance policy is best, many factors are taken into consideration, such …
It is common to have different car insurance quotes, for car insurance coverage is obligatory for every driver, and their prices differ from individual to individual. Have you ever found yourself thinking about why your neighbor spends less on car insurance than you while both of you drive the same cars? The fact is, the …
Temporary auto insurance is designed for drivers who need short-term coverage for a limited period of time. Depending on the specific requirements of the provider and the driver, temporary insurance can cover a few days, weeks, or months, while traditional auto insurance typically lasts six months to a year. This type of coverage is very …
Running a business entails many financial risks, with small companies often lacking enough savings to cover a multi-million dollar lawsuit or rebuild after a natural disaster. Insurance provides a protective umbrella against such losses. Business coverage protects against accidents and professional mistakes. 1. General Liability General liability coverage provides your small business with protection from …
Business insurance provides your firm with protection from unexpected risks. From commercial property, general liability, and workers’ compensation policies to workers’ compensation claims reimbursement, learning how to file them properly ensures you receive maximum reimbursement. Claim types typically filed against business insurance policies include fire damage, theft, and natural disasters such as hurricanes and storms; …
Running a business is risky. Every decision, project, and client interaction has unforeseen consequences. Professional liability insurance can help. Do you need it? This is a question that keeps entrepreneurs and professionals busy. Imagine working hard to complete a project, only to be sued for an error or omission. Financial losses can cripple even a …
When disaster strikes, the lifeblood of any business is its ability to continue operations or recover quickly. Business interruption insurance is the safety net many companies rely upon during unforeseen closures or operational disruptions. Unfortunately, it’s often overlooked by small- and medium-sized enterprises until it’s too late. This blog aims to guide you through understanding …
If you own a car, you need car insurance. However, understanding the different types of coverage can be confusing. People often talk about comprehensive auto insurance. Many people think that with “comprehensive coverage,” you are always protected, but that is not the case. Comprehensive coverage is a combination of different types of financial protection. Your …