For instance, if a customer slips and falls in your store, general liability insurance can cover their medical expenses and legal costs if they sue. 2. Property insurance This covers damage to or loss of business property, which includes the physical building (if you own it) and its ...
Since your policy extends to household family members, if their parents sue for defamation of character, the claim may be covered. What does an umbrella insurance policy exclude? Umbrellas may be helpful policies, but it doesn’t cover everything. Here are some scenarios that typically aren’t...
Agi renters insurance will protect your property against theft or any damage it may suffer. It usually has good solutions for medical and legal bills when proven that you have something to do with the impairment of someone else’s property. Having renters insurance is a financial backup for ...
But for the seller, backing out of a deal too late in the game can be considered breach of contract, and the buyer can decide to sue the seller if he decides not to move forward. Sellers on the fence about moving should try to make a final decision before going under contract with a...
Insurance agents. Real estate agents. Educators. Be sure to double-check the requirements with your state, and remember to renew your license every year. Pro Tip: Licensing was an important part of starting my HVAC business. I was sure to become licensed and registered far before opening my ...
Insurance Contract Essentials Most insurance contracts have these features: Offer and acceptance:When applying for insurance, the first thing you do is get the proposal form from the insurance company. After filling in the requested details, you send the form to the company (sometimes with apremium...
covering the structure and its contents. This insurance also provides liability coverage in case someone other than the property owner or renter is injured while on the property and decides to sue. Most mortgage lenders require homeowners to have property insurance if there's an outstanding mortgage...
Bottom Line: Think about it this way: if someone injured themselves in your home, would you be able to cover medical or legal bills if they decided to sue you? These kind of events can be pretty pricey, so don’t underestimate your coverage needs — especially since renters insurance is ...
yet she claimed that"China's pressured assimilation insurance policies nonetheless reached me". During her five years of service at The Epoch Times, the mouthpiece of the Falun Gong cult, Pang published at least17 articles to promote the cult organization and fabricated a large number of exaggerat...
For example, you purchased a property for $50k and it’s worth $115k with about $15k in repairs. You closed on it and it’s now in your name (or your company’s name). You are incurring closing costs and holding costs (utilities, financing fees, insurance, etc.) but you start mar...