Home Maintenance and Insurance for Homeowners: Are They Connected?
Does homeowners insurance cover preventative maintenance? Not typically – homeowners insurance covers repairs that are necessary due to sudden and accidental damage caused by covered perils. But, failing to perform maintenance could lead to claim denials if damage...
Is Age a Factor in Increased Umbrella Insurance Premiums?
Umbrella insurance is a type of liability insurance that provides extra coverage beyond the limits of your standard policies, such as homeowners, auto, or boat insurance. It protects your assets and future earnings by covering claims that exceed the liability limits...
Does Driving School Lower Insurance?
Adding a teen driver to your auto insurance policy can feel like a financial shock as premiums can more than double due to the increased risk associated with young, inexperienced drivers. Statistically speaking, drivers aged 15 to 20 are more likely to be involved in...
Does Umbrella Insurance Cover Professional Liability?
There’s good reason so many people wonder if their umbrella policy will cover professional liability. For starters, professionals with the highest concerns of risk and exposure likely have wealth or asset portfolios large enough to warrant excess liability or umbrella...
Can A Beneficiary Be Removed From A Life Insurance Policy?
There are several types of life insurance beneficiary designations, each serving different purposes. Understanding these designations is essential to ensure your death benefit goes to the right people, avoids legal complications, and protects vulnerable loved ones....
Does Having A Motorcycle Increase Insurance?
Buying a motorcycle comes with a lot of insurance-related questions, the first one usually being: Can I add a motorcycle to my car insurance? And the answer is no – auto insurance does not cover motorcycles and vice versa. Auto insurance and motorcycle insurance are...
Homeowners Insurance Glossary of Terms
Home insurance terms aren’t typically part of your vocabulary until they’re personally relevant, and then they’re important. Knowing the meaning behind complex phrases and the “alphabet soup” of acronyms can help you avoid surprises when buying a home, selecting...
Is Golf Cart Insurance Really Necessary?
Gone are the days when golf carts were only for the course! Their convenience, low operating costs, and versatility make them ideal for a variety of recreational and practical purposes. They’re an excellent transportation alternative within gated communities, at...
Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production
The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower the risk of a cyberattack and the cost to recover from one. In addition to always-on threat monitoring …
Oracle Tells Clients of Second Recent Hack, Log-In Data Stolen
Oracle Corp. has told customers that a hacker broke into a computer system and stole old client log-in credentials, according to two people familiar with the matter. It’s the second cybersecurity breach that the software company has acknowledged to clients …