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 how much home insurance you’ll need since policies have varying costs depending on the coverage. 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 to keep in mind are the square footage of your home and the local […]

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. The amount of your auto insurance should conform to the minimum price mandated by the laws of the state you live in. 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 […]

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 […]

Things to Know About General Liability Insurance

Things to Know About General Liability Insurance

If you’re a startup business owner, you should protect your livelihood. One of the things you need to do is to have general liability insurance (GLI). You can get it as a standalone policy or include it as coverage under your business insurance. Many business owners rely on GLI to safeguard their livelihood. GLI is a great way to protect them from any lawsuit that may be filed against them. But this coverage is more than that. Here are some things you need to know about it: What Is GLI? GLI is also known as business liability insurance. This protects business owners from financial loss should they be liable for […]

Reasons to Get Life Insurance While You’re Young

Reasons to Get Life Insurance While You’re Young

It’s normal to enjoy life while you’re still young. Having life insurance may not be on top of your priorities right now. Maybe you’re single, healthy, or living on a tight budget. So why should you pay monthly insurance premiums, right? However, it is during this time that you should start planning your future by building a strong financial foundation. One way to do this is to have life insurance. This is considered an ultimate financial tool that can help you during emergencies. But aside from that, there are other reasons why you should get it now. Get Great Rates Insurance rates in Lexington and other places are determined by […]

Tips for Picking the Right Farm Insurance

Tips for Picking the Right Farm Insurance

Uncertainty is normal in the agriculture business, which is why having a farm is a great responsibility. One of the best ways to control the mishaps that any farmer may experience is by having farm insurance in Lexington, KY. This type of insurance can provide farmers with coverage that protects them from financial loss. Coverage may include farm animals, property loss, and even crops, which makes it an important component of the business. If your farm is not insured yet, here’s a guide you can use when getting farm owners insurance in Lexington, KY: Find the Right Insurance Company Working with the right insurance provider is crucial since they’ll play […]

Reasons to Get Home Insurance

Reasons to Get Home Insurance

As a homeowner, it is your responsibility to protect your property. One of the ways to do it is to get home insurance in Lexington, KY. It is one of the best things you can do to protect your largest investment. However, some people think they’re wasting their money on it since they’re paying for an uncertain cause, such as property damage that may never happen. But, you should know that having an insured home will not only safeguard it from damage, but it’s also a great investment since you can get many advantages from it, too! Here are some of them: Mortgage Requirement If you’re planning to apply for […]

A Guide to the Basics of Equine Insurance

A Guide to the Basics of Equine Insurance

Insurance is an important component of your life. You can get insurance for yourself, your property, and even for your business. Nowadays, a lot of companies offer equine insurance, which benefits individuals who own horses. This insurance is not a legal requirement, but having a horse is a responsibility that needs a big financial commitment. Horse insurance can bring you peace of mind whenever you’re faced with unexpected circumstances where you need to shell out a lot of money. Here are some things you need to know about it: What Does It Cover? This insurance has different levels of coverage. Here are some of the basic benefits you can get […]