BUSINESS

What factors influence the cost of insurance?

Four main factors typically determine an insurance premium. When you purchase an insurance policy, insurance companies provide you with a variety of choices. Your insurance premium may rise depending on how much coverage you choose or how comprehensive it is. When looking at home insurance premiums, for instance, an open perils or all-risk coverage policy […]

BUSINESS

How Does Insurance for Windstorms Work?

You can supplement your existing homeowners insurance with windstorm insurance. This kind of policy, which is also sometimes referred to as hurricane insurance, protects you in the event that a severe windstorm, hailstorm, or hurricane causes damage to your home.1 Mortgage lenders typically make it a condition of the loan for property owners who live […]

BUSINESS

What factors influence the cost of insurance?

Four main factors typically determine an insurance premium. When you purchase an insurance policy, the insurance company offers a variety of coverage options. Your insurance premium may rise depending on how much coverage you choose or how comprehensive it is. When looking at home insurance premiums, for instance, an open perils or all-risk coverage policy […]

BUSINESS

How much does insurance for watches cost?

The most important factor in determining the cost of watch insurance is the value of your watch. For instance, the cost of insurance for a $300 watch is significantly lower than the cost of insurance for a $10,000 watch. The cost will also be determined by the provider you select, your coverage limit, and location. […]

BUSINESS

The Five Most Common Types of Personal

Insurance When most people think of personal insurance, they probably first think of one of the following five main types: Residential, such as renters insurance or a condo or co-op. Coverage for other vehicles like motorcycles and car insurance. There are two types of boat insurance: standalone boat insurance for vessels of a certain speed […]

BUSINESS

What is covered by hurricane insurance?

Hurricane insurance can cover damages caused by wind, heavy rainfall, flooding, tornadoes, storm surge, and other weather-related perils, depending on the combination of coverages you choose to purchase. These kinds of insurance will cover the following hurricane-related damages: Insurance for your home: The structure of your home is covered by a standard homeowners insurance policy […]