A common carrier is defined by U.S. law as a private or public entity that transports goods or people from one place to another for a fee. The term is also used to describetelecommunicationsservices and public utilities. The word "common" is an important distinction here. A common carrier,...
Insurance is money well spent, because it is rare for a consignment to have a value lower than the amount the carrier or freight forwarder is liable for. There are always factors that are not covered by liability, so when deciding whether or not cargo insurance is necessary for your shipment...
Here’s a breakdown of the risks involved in moving, when moving insurance is most necessary, and when you may not need it. Potential risks involved in moving: Damage in transit due to shifting items Damage due to accidental drops Loss of items in transit (most common with moves involving ...
Yes, your renters policy can usually move with you, but you need to contact your insurance agent to update it. For out-of-state moves, there is a chance that your current carrier doesn’t offer coverage in your new location. Also, your premium may increase or decrease depending on changes...
Health insurance plays an essential role in ensuring individuals have access to necessary medical care and treatment. One key aspect of health insurance is the carrier, which is the organization that provides the insurance coverage and manages various aspects of the policy. The carrier is responsible...
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 of $300,000. Not having an active auto insurance policy can be a significant roadblock when looking for an umbrella policy. If you do...
Car insurance policies offer various types of legal coverage to protect you in different scenarios. Understanding these types of coverage is essential to ensure you have the right level of protection. Let’s explore the most common types of legal coverage available in car insurance: ...
In case of any issues during transportation, your business will need tofile a claim with the carrier within the filing claim deadlines. While the claims processing procedures may vary from carrier to carrier, there are some common documents that you'll typically need to provide. These may includ...
Rideshare insurance isn’t available everywhere. If you can’t get it, you’ll need acommercial auto insurancepolicy to be fully insured and avoid being dropped by your carrier. How rideshare insurance works for Uber or Lyft drivers Rideshare insurance for ride-hailing services like Uber or Lyft...
General Liability Insurance A general liability policy is typically required for vendors that work within client facilities. It’s a foundational insurance policy that covers common risks such as bodily injury and property damage caused by a vendor’s operations. General liability coverage also typically...