Why Adding Life Insurance To Your Policy Is A Smart Move

Why Adding Life Insurance To Your Policy Is A Smart Move

Planning For Your Future Now Building a strong financial foundation for your future is a very important step to take while you are still young. One of the tools required will be a well thought out budget. This is how you will save money for an emergency, pay off your past debts, or for your retirement. Now, how does having a life insurance policy fit into your budget and future endeavors? Well, did you know that around 60% of all people in the U.S. are actually covered by some form of life insurance? Whether it be health insurance, business insurance, homeowners insurance or workers compensation, these people have realized the […]

4 Situations That Will Make You Glad You Have Homeowners Insurance

4 Situations That Will Make You Glad You Have Homeowners Insurance

Lexington attracts new residents for a variety of reasons. Lexington has a stable economy with one of the lowest unemployment rates among comparable-sized cities. Lexington has four distinct seasons during the year, with outdoor activities to enjoy year-round. And Lexington has many opportunities for spectator sports at the University of Kentucky and cultural events, like the oldest bluegrass festival in the state. However, Kentucky also has the eighth highest number of federal disaster declarations in the country, with 56 major disasters since 1953. While no one can prevent major disasters, it is possible to prepare. One way to prepare is to purchase homeowners insurance. Even those who already have home insurance may […]

Building a Safety Net for Your Business-It Should Include Workers Compensation Insurance

Building a Safety Net for Your Business-It Should Include Workers Compensation Insurance

Workers compensation insurance is a must if you want to build a strong safety net for your business. Whether you have a single employee or you have fifty, you need workers compensation insurance. A lot of small business owners think that if their business does not revolve around fieldwork or manual labor that they can low ball their coverage. This can be a critical mistake in building that safety net you need to ensure your business stays financially viable. Building Your Safety Net Most small business owners understand that building a financial safety net is critical to the success of their business. The hard money part is easy to understand. […]

3 Questions You Should Ask Before Getting Homeowners Insurance

If you’re in the process of buying a home, you’re not alone — in 2017 alone, the national homeownership rate reached 64.2%, meaning there has been a lot of people buying homes within the past few years. And while buying a house involves making a lot of decisions, choosing homeowners insurance is one of the most important decisions you’ll make. To make sure you get the right coverage and insurance rate, here are a few questions to ask potential homeowners insurance companies. What exactly does the policy cover? One of the most obvious questions you need to ask is regarding what the policy does, and does not, cover. Not all […]

Auto Insurance Rates And Beyond: How to Invest In The Right Car For You

Auto Insurance Rates And Beyond: How to Invest In The Right Car For You

There are many factors when determining whether or not you’ve made a smart vehicle purchase. These include auto insurance rates, fuel prices, repairs costs, and general upkeep. Vehicles typically break down into nine classes. Read on to learn about each class of vehicle and how they stack up against one another. This will help you determine which kind of vehicle fits your budget and needs. Small Sedans Small sedans tend to be a frugal choice. AAA places their upkeep at just over $6,000 a year. This, of course, does not take into account auto insurance rates and whether or not you choose full or minimum coverage. The average cost for […]

6 Reasons Why Homeowners Insurance is a Smart Choice

6 Reasons Why Homeowners Insurance is a Smart Choice

Any homeowner has heard this age-old piece of information many times: ‘Your home is one of the most significant financial investments that you will make over the course of your lifetime.’ But, like most investments, owning a home comes with associated risks. As a physical asset, your home is important not only because it provides your family with a place to live, but also for its financial value. Protecting it in case of loss, such as that incurred from brutal storms, vandalism, or even liability from injuries within the home, is a necessary and important step for every homeowner to take. Many insurance companies offer multiple kinds of insurance, so […]

How To Choose Car Insurance Policy That’s Right For You

How To Choose Car Insurance Policy That’s Right For You

When trying to figure out what car insurance policy is right for you, the process can seem a little stressful. In all but two states, it is required by law to have car insurance. Regardless if it is required or not where you live, it is always a good idea to have it on hand. The following are some great tips on finding that insurance company that will work best for your personal situation. #1. Choose the right car A lot of times when people go to purchase a new car, they only look at the price tag on the windshield, but not really think about the price the insurance […]

A Guide to Getting the Right Business Insurance

A Guide to Getting the Right Business Insurance

Just as homeowners insurance is there to protect people financially from disasters, business insurance exists to protect business owners from financial disasters. New business owners may not know where to start when it comes to finding the right business insurance options. Business insurance attorneys recommend the following tips: 1. Perform an audit of your risks. The way business insurance companies decide to cover or not to cover a business is by looking at how risky they are. The best way to get a great rate on your business liability insurance coverage is to show that yours is not a risky place. You can also consult with an expert in your industry […]

How Do I Know Which Life Insurance Policy Is Right For Me?

How Do I Know Which Life Insurance Policy Is Right For Me?

Life insurance is one of those major adult decisions; if you’ve got a spouse or a family, it’s vital that they’re protected in the event that something happens to you. Because purchasing life insurance is a huge financial decision, the task must be handled with care. Before you go bungling into the first policy that sounds remotely attractive, consider the following and then make your choice. Think about how long you need coverage for: Life insurance is designed to do one of two things: provide coverage for a certain length of time (called term life) or for an entire lifetime. The former you might choose to cover yourself while your kids are growing […]

3 Types Of Insurance You Need For Your Business

3 Types Of Insurance You Need For Your Business

If you’re a small business owner, you’ll need to purchase the right types of insurance that suit your needs. If you’re searching for “business insurance near me” look no further than Nicholson Insurance. Here are three types of business insurance they offer under their policies. Commercial auto insurance Many times, the same car you drive to work in is the same car you use around town. Insure your car under a commercial auto insurance policy to guarantee your commercial assets are protected. Commercial car insurance will protect your vehicle under claims of liability, collision, and medical issues. To make sure you get through all the bells and whistles without any […]