Liability Insurance: A Safety Net for Your Business

Liability Insurance: A Safety Net for Your Business

Lawsuits about defective products often become public ordeals that demand a considerable amount of money, time, and reputation rebuilding efforts. Products liability insurance provides a safety net for companies of all sizes regarding the possibilities of claims and litigation caused by defective products. Who Needs Products Liability Insurance Any company that designs, manufactures, distributes, or sells a product can benefit from this insurance policy. This is because liability claims can be filed against all businesses involved in the whole production and distribution chain. Some examples of everyday commodities that are highly susceptible to greater scrutiny include food products, electronic devices, and automobiles. Food production is tricky since any adverse reaction […]

How Much Home Insurance Should You Get?

How Much Home Insurance Should You Get?

The home you live in is one of the most valuable assets you have, which is why it makes so much sense to protect it. To do that, you need to have comprehensive home insurance in Lexington. Sometimes, you’ll wonder about the cost of home insurance in Lexington because your needs may evolve over the years. The premiums you’ll pay varies depending on the specifics of your policy agreement. While your insurance provider can give you a recommended coverage limit, it’s still necessary to educate yourself. You have to consider the following factors to know how much home insurance you need: Major Factors Two of the main factors you need […]

How Much Auto Insurance Coverage You Should Get

How Much Auto Insurance Coverage You Should Get

Auto insurance can protect you financially in case of accidents. Because it offers various coverage with different amounts, you should know how much you should get before getting an auto insurance quote in Lexington. Your provider can give you a piece of advice when it comes to this. An auto insurance quote in Lexington should conform to the minimum price mandated by the laws of the state. Some states may require certain coverage to protect you in case of accidents. Bodily Injury Liability For bodily injury, the average required coverage amount may range from $10,000 to $300,000 per person and $20,000 to $500,000 per accident, depending on your state. If […]

Different Types of Insurance Small Business Owners Should Get

Different Types of Insurance Small Business Owners Should Get

Because of the pandemic, many people were laid off from their jobs, making them lose their primary source of income. Because of this, many of them decided to start their own small business to help make up for their loss of income. This has helped a lot of people regain their earnings and live better in the midst of the pandemic. If you’re a small business owner, you need to know that protecting your investment should be one of your priorities. To do this, you need to purchase the right type of insurance for business owners, which will protect your livelihood. Here’s a list to guide you: Business Owner’s Policy […]

Understanding Liability Coverage for Home Insurance

Understanding Liability Coverage for Home Insurance

As someone who will do everything to take care of your property and protect your family, you may ask yourself how you can keep them safe if something happens unexpectedly. It’s a good thing that you can get home insurance to protect your home, as well as your financial well-being. Once you decide to insure your property, you can find additional coverage to incorporate into it. You can have financial protection from burglaries, fire, or damage caused by natural disasters. While browsing through available additional options for your policy, you may also encounter home liability insurance coverage. But what is it? Here’s an overview: What Is Liability Insurance Coverage? Liability […]