Price Insurance Exchange

Ouch!!!!   Rental car companies may offer to sell you insurance when you rent a car.   The cost varies based on location and the type of vehicle you rent. You may or may not need to purchase their coverage.    Here are some things to consider before you buy: If you have personal auto insurance, call your insurance agent to see if and how much coverage extends to a rental car. If your personal auto policy has comprehensive and collision coverage, it may cover damage to the rental car.   Coverage from a personal auto policy does not apply to rental of commercial-use vehicles (such as U-Haul trucks). If you have homeowners or renter’s insurance, your home coverage may cover personal property stolen from a rental vehicle.  Your policy’s deductible will apply. If your auto policy has Personal Injury Protection or Medical Coverage, you may have coverage up to your policy’s limit of coverage if you are injured in an accident while driving a rental vehicle. If...

  Have you always dreamed of having a quiet little place outside of the city limits with just enough land to have a garden and a few chickens?  Since you'll have free eggs and veggies, you can save money on food, but what are the hidden costs of country living? Most people are not aware that home insurance is more expensive for homes in the country, as rates are based on the distance from the central fire station (volunteer fire departments do not count). How does my local fire department impact my homeowner’s policy? Each fire protection agency (including your local fire department) is reviewed by the Insurance Services Office (ISO) and ranked based on their fire protection services, such as: ·         Emergency communications and staffing (how well the fire department receives fire alarms) ·         Fire department equipment (number of fire engines vs. amount of water needed to fight fire) ·   ...

  The main difference between nonprofit organization and other businesses is nonprofits do not profit from their goods and services.  They are tax-exempt by the Internal Revenue Service (IRS), but they still must protect their interests, including their assets and their workforce. In order to protect the organization’s commercial property, equipment, its reputation, and its staff they need much of the same type of coverage as for-profits, including general liability, property insurance, professional liability, auto insurance, and Directors & Officers insurance. The right insurance can help minimize financial losses by protecting an organization from liability and property damage claims.   The Affordable Care Act (ACA) does not require nonprofit employers to offer health coverage, but those with 50 or more full-time (30 hours per week or a minimum of 130 hours per month) workers may face a penalty if they fail to offer medical insurance. Nonprofits should consider ...

  Your homeowners policy does not typically cover theft of building materials, supplies and property owned by subcontractors during your home remodel or renovation.  Builders risk insurance protects structures and it protects the insurable interest in materials, fixtures and/or equipment to be installed. Builders risk insurance can be secured for anyone with an insurable interest in the project. Most builders risk polices are for "completed value," including the total of all costs associated with the building and designing of the covered property.  This includes labor, overhead, materials, and building profit (if applicable).  Builders risk policies include optional "add-ons," such as trees, shrubs and plants, debris removal, fire department service charge, reward money for stolen property, contract penalties, and more. Basic underwriting guidelines for most builders risk policies: Policy needs to be purchased/written in the name of the owner or builder Requires two...