No fault insurance, or personal injury protection (PIP), is an insurance coverage available in certain states. It can pay medical expenses, hospital bills, and amounts not covered by your health insurance for you and your passengers if injured in an accident. No-fault refers to the fact that the policy provides coverage, regardless of who caused… Read more »
A business owner’s policy provides core coverages that businesses need in one affordable package. This normally includes property, liability, and business interruption insurance. Even though a BOP offers great coverage, it can’t protect your business fully. Here are 5 things that a BOP doesn’t cover and additional protections you should consider. Cyber Crime Cyber crime… Read more »
Power surges can occur through a lightning strike or sudden changes in electrical loads inside or outside your home. No matter the cause, they can damage or destroy electronics or appliances instantly. One zap could take out your media center, computers, refrigerator, stove, and washer and dryer. Without proper insurance coverage it would cost a… Read more »
Keeping trees healthy makes your home attractive. However, unattended trees can become a safety and liability issue that you’ll want to avoid. Here are a few tips for keeping your trees in tip-top shape and what safety, insurance, and liability factors you should consider. Include Trees in Your Maintenance Schedule You probably clean the gutters… Read more »
Most drivers are responsible and buy auto insurance. However, according to the Insurance Information Institute, 16.5 percent of drivers in Rhode Island are uninsured. That’s the 11th highest in the nation. Our rate is also much higher than the countrywide rate of 12.6 percent. This is particularly alarming since we’re such as small state. Luckily,… Read more »
Before the hammers start to swing, you should consider your insurance coverage. Your homeowners insurance policy may protect you during renovations, but in some cases it may fall short. For instance, your policy may exclude coverage if you decide to do the project yourself. Even if you are using contractors, here are a few reasons… Read more »
It’s an exciting time when you decided to renovate or add on to your home or business. However, it is important you choose your general contractor wisely. Otherwise, your excitement can quickly turn into frustration, anger, and disappointment. Luckily, you can greatly increase the chances of a smooth project if you follow these tips for… Read more »
Peer-to-peer car-sharing may seem like a great idea. You rent out your vehicle when you’re not using it to make extra money. Turo is eager to take a cut of your vehicle rentals, but is this really a good idea for you or are there hidden risks? Let’s take a look. Understand Your Personal Auto… Read more »
Renting a condo or house for a vacation often offers perks such as cooking facilities, more space, and greater freedom to do as you please. However, an important consideration is whether your personal belongings are protected in your vacation rental unit. What happens if something is stolen, damaged, or lost? What if someone visits you… Read more »
Your friend wants to borrow your vehicle and you agree. You have auto insurance on the vehicle and assume your friend is covered, too. Unfortunately, your friend gets into a serious accident that causes significant damage to both vehicles and injures the other driver. Now the question is whether your car insurance pay for these… Read more »