Regardless of where you buy your umbrella policy, your insurance company will likely have certain requirements for your underlying coverage. The most common requirement is for your auto policy to have liability limits of 250/500/100 and for your home insurance to have a personal liability limit ...
Before taking out renters’ condo insurance, you should know what is not part of the policy to be prepared if the situation arises. The first thing to consider is that some natural disasters are not part of the policy. Check ➤ Redpoint County Mutual insurance company claims number Although...
Examine business insurance options in Montana Understand financial considerations Market your LLC What is an LLC? An LLC, or limited liability company, is a formal business structure in which a company’s owners can directly control and operate their company without incorporating or naming a board ...
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...
purchase insurance for themselves and their families in state-regulated in- dividual insurance markets. Another 46 million people are uninsured at least some portion of each year. High costs prevent some of the uninsured from purchasing in-
Choose a name that fits your company and is easy to remember. Bonus points if you can include anything “local” in the name, such as “North Dallas Home Buyers”. You don’t need to spend a ton of money or time creating a logo. You can hire a graphics person to help you on site...
Consideration:This is the premium or the future premiums that you have to pay to your insurance company. For insurers, consideration also refers to the money paid out to you should you file aninsurance claim. This means that each party to the contract must provide some value to the relationsh...
Bottom Line: For personal liability, coverage will start at $100,000, which means your insurance company will pay up to $100,000 in legal fees, medical bills, or damages per claim. For many people, this might provide sufficient coverage. You might need to check with your landlord or your...
An insurance company would usually take care of the expenses incurred during the defense against such a suit and the amount compensated in favor of the plaintiff. Businesses and professionals often depend on professional indemnity insurance to protect them from any unforeseen financia...
“Confirm with your insurance company that they received the premium so that you know that your coverage has started,” says Lefton. “And don’t let your policy lapse.” When purchasing your retail insurance policy, follow these four best practices: 1. Review policy details Once you’ve ...