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Insurance Applications Beyond Homes and Cars

Tips for Reducing the Risks of Parking Lots Accidents

Posted by on Feb 27, 2017 in Uncategorized | Comments Off on Tips for Reducing the Risks of Parking Lots Accidents

Many people go to great lengths to avoid or prevent accidents on highways, which is good. However, you should also be careful with parking lots because lots of accidents happen in parking areas too. Parking lot accidents usually don’t lead to serious injuries, but even the minor injuries and damages should be avoided. Here are tips that increase safety in parking lots: Avoid Parking Beside Large Vehicles If you have a choice, don’t park beside a large vehicle, such as a big van or truck, if you are driving a conventional sedan. This is because the big vehicle will obstruct your view while exiting the parking spot, increasing your risk of hitting another person. Park Away from Other Cars If the parking lot isn’t full, don’t squeeze your ride between the cars that are already there; park slightly away from them. This reduces the risk that you will hit any of them or they will hit you. Park in the Middle of Allotted Spaces Double parking is bad, but parking too close to the edge of the allotted space isn’t good either. The closer you are to the edge, the higher the likelihood that you can hit other cars while exiting the space. Do this even if the adjacent spaces are empty because someone may park (and hit your car) after you leave. Face the Correct Direction on the Street Parking on the street isn’t safe, but if you have to do it, make sure other motorists can see your car. This means you should park facing the correct direction so that the taillights can easily be illuminated by passing vehicles. This increases visibility and reduces the risk of a crash. Look for Obstacles before Driving Off When you come back to the car, circle it and look for obstacles before driving off. Toys, pets, kids and other obstructions may be around your vehicle. Don’t assume that it is safe to drive off just because the space to the rear of the car is clear. Hopefully, you won’t experience any accident in a parking lot, or anywhere else. If you do get involved in one, remember to exchange contact information with the other party just as you would for an accident anywhere else. The police may not come to the scene, especially if the accident is minor and doesn’t involve serious injuries. However, the management or the security officers responsible for the parking lot can take your statements and offer you any assistance necessary. To learn more, contact auto insurance agencies like Affordable...

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Four Factors That Impact The Cost Of Your Workers Compensation Insurance

Posted by on Jan 20, 2017 in Uncategorized | Comments Off on Four Factors That Impact The Cost Of Your Workers Compensation Insurance

Workers compensation insurance can be expensive. But contrary to popular belief, it isn’t only about how much your insurance has had to pay out. Workers compensation actually depends on a wide variety of factors, the most important of which are experience, industry, location, and claims. The Amount of Experience You Have The more experience you have as a business, the lower your rates will be. This is because the insurance company will assume that you’ve developed the right processes and procedures over time. Startups may find their compensation insurance unusually expensive, but it will slowly go down over time provided they suffer no major events. The Industry You Work In Obviously, your industry will have a significant impact on your workers compensation insurance. Administrative and office-related companies tend to be fairly light on workers compensation cases. Meanwhile, more physical industries such as trash collection or construction could have both more cases and more expensive cases. There’s very little that you can do about this except factor in the costs of your insurance into your budget — and improve upon your security methods. The Location of Your Business Many companies aren’t aware that the location of their business actually impacts their workers compensation insurance a great deal. Not only are some locations higher risk, but workers compensation insurance also needs to factor in the medical costs associated with the claims. Medical costs vary by state and county, and it’s these medical costs that will need to be considered when the claims are actually paid out. In general, insurance will usually cost far less in areas that are less costly, making your company’s location about more than just your rental fees. The Number of Claims When it comes to workers compensation insurance, the number of claims against insurance is generally considered to be far more important than the amount of each individual claim. In terms of risk, a business that has numerous claims is more dangerous than a business that has a single, expensive incident. Thus, business owners may not need to worry as much about a single and unusual claim. If you find your premiums too high, you may want to consider consulting with insurance broker. Insurance brokers are able to work with multiple insurance companies, to ensure that you’re getting the best deal. However, if you’ve had substantial accidents throughout the year, improvements in your own safety protocols may be more beneficial. For more information, talk to a professional like Green Light Auto Insurance...

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Two Ways Landscapers Could Be Held Liable For Damage Caused By Trees

Posted by on Oct 17, 2016 in Uncategorized | Comments Off on Two Ways Landscapers Could Be Held Liable For Damage Caused By Trees

Trees offer many benefits to your clients’ homes and businesses, including providing shade and privacy. However, they can also be a source of legal liability for landscapers if care is not taken when working with them. Here are two ways you can be held liable for damage caused by trees and what to do to avoid it. Failure to Diagnose Sick or Damaged Trees Trees that are sick, damaged, or dead can become environmental hazards. Branches may fall off and damage houses or other structures, or the trees may be more easily uprooted and thrown about during storms. If your contract with your clients entail caring for the trees on their property, you could be held liable for not recognizing when a tree’s health is failing and may need to be treated or removed. This potential for liability is based on negligence laws that hold people responsible for their actions or failure to act. To prove fault, your client would have to show that: You had a duty of care You breached that duty That breach caused an injury The client sustain damages as a result Caring for the trees on your clients’ property may create an expectation that you would inspect the trees for signs of disease or damage and notify the client about this issue. Failure to do this could put you at risk of losing a lawsuit if the tree later causes damage to the property or injures someone. It’s important you clarify with the client what your responsibilities are. If your duties only consist of keeping the trees watered or trimmed and doesn’t include diagnosing diseases or other problems, then you need to be upfront about this and include this information in your contract, so clients can’t come back and say they weren’t aware of your policy. Property Boundary Issues Another way you could be held liable for tree-related problems is if your clients experience property boundary issues due to where the trees were planted. Trees placed along the border of the land have the potential to intrude onto neighboring properties as they grow, which could lead to a legal issues for clients. For instance, if the tree eventually straddles the property line between two homes, it legally becomes the possession of both homeowners. Your client would be restricted from doing anything with the tree without getting his or her neighbor’s permission, which can cause issues. If the tree produces fruit of some kind, this co-ownership issue could translate to financial losses, depending on what the owner uses the tree for. This, in turn, may cause the client to sue you for those losses because of how the tree was planted on their property. When planting trees along the border of a property, it’s critical to consult maps that clearly show where the boundary line is and to place trees an adequate distance away so that they don’t cross the line when they’re fully grown. These are two examples of legal problems you could encounter in your landscaping business and reasons why it’s important to have insurance to cover potential issues. For more information about the type of liability you may run into or how landscaping contractor insurance can protect you, contact an insurance...

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Information To Help You Decide Whether To Get Collision Insurance

Posted by on Sep 29, 2016 in Uncategorized | Comments Off on Information To Help You Decide Whether To Get Collision Insurance

Collision insurance can be added to many insurance policies to protect you in case of a car accident. Here is some detailed information to help you decide whether to add this protection to your auto insurance policy.  What Are the Benefits of Collision Insurance? The biggest reason to get collision insurance is that it helps to ensure you’re protected in case of an accident. If you’re at fault for the accident and you only have liability insurance, the insurer will cover the other person’s damages, but your own repairs will likely come out of pocket. Even if the other person is at fault for the car accident, there’s not a guarantee that their liability insurance will cover it adequately. For instance, their insurer may dispute the validity of the accident or total cost that they should reimburse you for. And even if your claim is successful, it may take you a long time to actually get reimbursed for your repairs. You may be stuck without a car for a while or have to foot the cost of a rental. Collision insurance is there to provide more immediate and comprehensive coverage for your auto collisions.  What Does the State Require? Many states require some form of liability insurance and comprehensive insurance. While you may not be required to get collision insurance by law, it’s often worth considering. It may add only a few dollars per month to your insurance policy payment, while adding a lot of protection.  Do I Really Need to Repair Collision Damage? One reason that states won’t require collision damage is that, aside from critical damage, many collision repairs won’t affect your ability to be on the road. But repairing collision damage is good practice because many of the smaller damages (such as scratches) can turn into bigger problems (such as rust and rot).  What Affects Collision Insurance Rates? Many factors will affect how much collision insurance costs you. It will likely depend on your past driving record, your DUIs, and possibly your credit or criminal history. It could also take into account your gender, age, or marital status. Some may even give adjusted rates for members of professional associations. Different auto insurances take into account different factors when they are calculating how risk of a driver they think you are. That’s one big reason why it pays off to evaluate quotes from many insurers. Even if you already have an insurance company, another insurer may be able to give you a better deal when you factor in the added costs of getting collision auto insurance coverage.  For more information and options, talk with different auto insurance companies, such as Horgan Insurance...

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Reduce Your Homeowners Insurance Premiums With These Tips

Posted by on Sep 14, 2016 in Uncategorized | Comments Off on Reduce Your Homeowners Insurance Premiums With These Tips

If you are looking for ways to save some money, know that it’s possible to lower your homeowners insurance premiums with some simple tips. Have A Home Security System Installed Before you rush into getting a home security system, contact your agent to find out what kind of systems will qualify for a discount. There are many types of security systems out there, and simply having one may not be enough. For example, a basic security system that notifies your smart phone about motion sensors and doors being opened may not be enough. To get a discount, you may need a monitored home security system that will react for you when alarms go off. A monitored home security system may save you 20% off your homeowners insurance premiums. Not only will you get the bigger discount by choosing a monitored system, but you will have peace of mind that your home is secured. Avoid Making Claims When Possible Are you great at doing DIY projects around your house? If so, you may want to think twice about making an insurance claim with your homeowners insurance policy to get money for your projects. It may seem counterintuitive to have insurance and not use it, but every time you make a claim, it can translate into paying higher premiums. If you have a higher deductible, your deductible amount may even be higher than the amount it would cost to do the repair yourself. Learn to pick when it’s an appropriate time to use your insurance. Minor damage that you can repair yourself could be done on your own. Major damage from flooding or weather related issues may justify making a claim. Ask About Loyalty Discounts Most insurance companies will give discounts if you maintain a policy with them for a long time. You may have to ask for these discounts before they will give them to you. If you are approaching a milestone, like being with the insurance company for 5, 10, or 15 years, ask if you can receive a lower premium. You may be able to get a discount for simply staying with the company for so long. If you make changes to your home that can lower your premiums, be sure to call your agent and let them know. Even a small decrease in home insurance premiums can cause an improvement to pay for itself over the years. For more tips on lowering your insurance premiums, speak with your insurance...

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What Every Car Owner Could Face If They Neglect To Report Fender Benders

Posted by on Aug 29, 2016 in Uncategorized | Comments Off on What Every Car Owner Could Face If They Neglect To Report Fender Benders

Some people think that a “fender bender” is not significant. In fact, some drivers who experience these mishaps make the decision not to report them if they see minor damage such as a few scratches. There are a number of reasons why reporting small car accidents like these is sensible. Perhaps you have been in a fender bender in the past, and you and the other driver may have decided to part ways without filing a police report or reporting the issue to your respective insurance providers. Be thankful that your decision did not cause you any problems, but be aware that the following are some problems that drivers could face when they do not report minor accidents.  Hidden Damages After a minor accident, there may only be minor physical damages that are apparent. This is what causes many people to assume that it is not worth reporting. However, it is possible that there could be damages present that cannot be seen with the naked eye. For example, today’s vehicles come equipped with a variety of sensors and other high-tech parts. Minor accidents could damage these sensitive parts, and you may not notice a problem immediately following an accident. Failing to report accidents would leave you in a situation where it might be hard to prove that the accident is the likely reason for mechanical failure.  Post-Accident Pain Sometimes after a serious accident people involved do not feel pain immediately. So, imagine being in a minor accident. Most people will likely feel as though they are fine, but minor accidents can result in injuries too, and the symptoms of the injuries could appear hours or days after the accident. Elapsed time could interfere with you being able to prove that the accident is the contributing source of your pain. By reporting the accident, you will be able to have some recourse if you develop pain a short time following an accident.  Fines You could actually be breaking the law if you do not report that an accident occurred. Some states have laws in place, which make it mandatory for drivers to report all accidents that result in a certain amount of property damage. You might be surprised to learn that a ding and a few scratches on your vehicle could easily be over the designated amount for your state due to the fact that auto bodywork tends to be expensive.  A car insurance company (like Graber Insurance) is a good resource to use to determine the laws in your state. They can also help you to understand more reasons why it may be best to report fender...

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Auto Insurance: How You Can Avoid Claim Disputes

Posted by on Aug 6, 2016 in Uncategorized | Comments Off on Auto Insurance: How You Can Avoid Claim Disputes

Disputes with auto insurance companies when filing insurance claims are common. That’s why it’s important to know how to avoid the usual reasons for making a complaint when you and the insurer don’t agree. Talk to an insurance company like Plumer Insurance Agency for more information. Purchase GAP insurance. If you are involved in an auto accident and your insurer determines that your vehicle is a total loss, you may not agree with the valuation the insurance adjuster gives you. While you won’t get what you originally paid for the vehicle, the insurance company will determine how much your vehicle was worth right before the accident. That’s the amount you will get, even if it’s not enough to pay off the vehicle’s financing. Although you can challenge a low valuation, you still might not get the amount you feel your vehicle was worth. But if you buy GAP coverage at the time you purchase the vehicle – particularly if you finance it – you will be covered for the difference between the vehicle’s value at the time you purchased the extra coverage and how much it was worth prior to being damaged in an accident. Understand who is responsible for the quality of repairs. If your insurance company arranges for the repairs to be made by an auto repair shop that it approves, the insurer is responsible for the quality of the repairs. But if you arrange for the repairs yourself at an auto repair shop of your choice, it’s up to you to argue with the repair shop if you aren’t satisfied with the quality of the work. Your insurance company merely is responsible for reimbursing you the cost. Make certain that you understand the terms of the policy as some insurers only allow you to take your vehicle to an approved auto shop for repairs. Others allow you to choose where you want your vehicle repaired, but the insurer only will pay what it would pay an approved repair shop. If the repairs cost you more, you are left paying the difference. Keep your insurance company informed of any modifications you make to the insured vehicle. Otherwise, if your vehicle is damaged in an accident, the insurer may reject your claim for non-disclosure. Even if your vehicle included no modifications at the time when you took out the policy, modifications affect a vehicle’s value. Therefore, to ensure coverage in the event of an accident, you need to keep your insurance company updated on any changes you make to the vehicle throughout your ownership. Even though modifications, such as tinted windows, a souped-up engine, or mobility equipment, that change the way your vehicle looks and performs can increase your auto insurance rate, you want to be covered if your vehicle is stolen or involved in an...

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4 Tips For Saving Money On Life Insurance Premiums

Posted by on Jul 29, 2016 in Uncategorized | Comments Off on 4 Tips For Saving Money On Life Insurance Premiums

If you have a family, especially one with minor children, it is very important to have a life insurance policy to protect your loved ones financially in the event of your unexpected death. Many people fear that buying life insurance may be costly and will not fit into their budget, but there are many ways to reduce the cost of life insurance premiums. Use the following tips to save money when buying a life insurance policy: Buy Term Life Insurance Whole life insurance is a type of policy that accumulates a cash value over the span of your life time, and is also often referred to as permanent life insurance. While it does have some benefits, purchasing whole life insurance can be quite expensive. When you want to have the protection that life insurance provides your family without spending a ton of money, it is a good idea to consider term life insurance. This type of life insurance is substantially less expensive, and you can choose how long you would like to be covered. When the term ends, you can purchase another policy. Avoid a Guaranteed Issue Life Insurance Policy If you are relatively young and in good health, don’t waste your valuable dollars by purchasing a guaranteed issue life insurance policy. With this type of policy, you may be asked a few questions about your health history, but there is no physical exam required. A guaranteed issue life insurance policy is considered a higher risk to insure, which equals higher premiums. You are much better off submitting to a physical performed by a doctor in order to qualify for lower insurance rates. Shop Around Just like auto insurance rates, the cost of life insurance can vary greatly from insurance company to insurance company. Spending a little bit of time gathering quotes form a few different insurance agencies can help you to compare costs and features of each policy so you can make an informed decision about which one is best for you and your family. Improve Your Health Your health can play a big role in how much you will pay for a life insurance policy. When you want to keep premiums down, consider making lifestyle changes that can improve your health. If you smoke or chew tobacco, try to permanently quit. It is also a good idea to lose weight if you are obese, and to try to lower your blood pressure if you have hypertension. Your body and your bank account will thank you for making these...

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Protect Your Home Against Wind To Avoid Having To Make An Insurance Claim

Posted by on Jul 26, 2016 in Uncategorized | Comments Off on Protect Your Home Against Wind To Avoid Having To Make An Insurance Claim

When it comes to protecting your home from damage that requires you to file an insurance claim, it’s easy to focus on strategies that reduce the risk of fires, floods, and break-ins. While doing so is important, you shouldn’t forget to also take steps to lessen the chance of wind damage requiring you to make an insurance claim and pay the deductible — especially if you live in an area in which high winds are common. There are a number of different ways that you can make your home less likely to suffer damage during a wind storm, including the following methods. Keep Your Trees Trimmed Tall trees are ideal for keeping your home shaded and cool during the summer months, but it’s important to always keep the trees around your home trimmed to avoid potential damage during high winds. Branches should never extend above your roof, for example, as it’s too easy for a gust of wind to snap off the branch and send it falling through the roof — and leave you needing to pay your home insurance deductible. Likewise, you should have trees removed when they’re dead or partially dead, as they are more susceptible to breaking off when the wind is heavy. While you can do the trimming or tree removal work yourself, you might prefer to hire a tree trimming contractor if the task seems daunting. Deal With Loose Yard Items At any given time, you might have a number of loose items throughout your yard. The concern, however, is that high winds could cause these things to blow around — and could leave you with damage that requires you to file a home insurance claim and pay your deductible. Think of a patio set, for example. On the surface, it might seem heavy enough to stay put, but high winds can easily lift a chair or a stool and send them crashing into your sliding glass door, causing damage. Keep potential projectiles stored safely in your garage or shed when high winds are in the forecast. Make Sure Your Siding Is Healthy A heavy gust of wind can easily pull a strip of siding off of your home, and the concern is that because siding panels are linked, you could soon have major damage on your hands. It’s a good idea to keep an eye on the siding and make sure there are no loose panels. While you can hire a contractor to fix this issue, a simple solution is to buy a box of gasketed screws that match the color of the siding and affix the loose areas...

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Tips For Saving Money On A New Auto Insurance Policy

Posted by on Jul 4, 2016 in Uncategorized | Comments Off on Tips For Saving Money On A New Auto Insurance Policy

If you are in the market for a new auto insurance quote, you might be interested in getting the best deal possible. If so, then you will want to take a few moments to review the following tips. Compare Multiple Companies It is important to make sure that you are comparing the price for an auto insurance policy from multiple companies instead of assuming that they are all going to charge pretty much the same amount. Some companies are able to offer much better deals than others. Of course, you need to make sure that you are comparing the same types of coverage. Otherwise, you will not be getting a clear picture of what your options are. Therefore, before you start your comparisons, you will want to write down some of the key aspects that your insurance policy must have and then make sure that you are getting a price quote for those things. Some of those key aspects include full or partial coverage, limited or full tort, rental car coverage, towing packages, medical expense coverage, and uninsured drivers coverage. You might want to seek advice from a trusted insurance agent to see if there is anything else that you should consider having as a part of good insurance coverage. Ask For The Higher Deductible If it is unlikely that you are going to be at fault for a lot of automobile accidents, you might want to opt for the higher deductible. After all, the deductible will generally only apply to you if you are the cause for the accident. In some cases, if you get into an accident due to an act of nature, such as an animal running in front of you, you may also need to pay the deductible. However, you may save a lot of money on your insurance policy if you opt for the higher deductible. This is because the insurance company knows that you will have to pay a little more in the event of an insurance claim and will therefore give you a small price deduction on the cost of the yearly premium. If you insist on the smaller deductible, you may find that the cost of the premium will increase because the company knows that they will be responsible for more money in the event they have to pay out on a claim that you file. With just those two key tips in mind, you should have no trouble making sure that you are getting the best possible deal on your new auto insurance...

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