2017

Five Myths About Payment Bonds And The Truth Behind Them

One type of supply contractor bond is a payment bond. A payment bond is related to paying subcontractors on a job, and if you’ve just gotten a contract for a project, you may be required to take out a payment bond through a company like Service Insurance Company. There are several myths and misconceptions that float around about these bonds, and before getting one, you may want to know the truth behind the following myths.…

Is Your State Minimum Auto Liability Coverage Really Enough?

Most states require you to have a minimum amount of auto liability coverage. However, you have to wonder if the minimum amount actually represents an amount that can help if you ever really need it. Liability coverage protects you from financial hardship and risk, while protecting others around you as well. Is your coverage enough to do that? What Liability Insurance Covers Liability insurance exists to cover damage to another person’s property if there’s an accident.…

Car Add-Ons That Will Reduce Your Automobile Insurance

Your car has a lot to do with your automobile insurance. Not only is the year, make, model, and even color of your car factored in when calculating your insurance premiums, but so are the add-ons and modifications that you’ve made to your vehicle. In particular, anything that can increase the safety and security of your vehicle could lead to a discount. Here are some of the most popular ones.…

3 Things You Need To Know About Auto Insurance

Auto insurance is important for every adult who has a driver’s license. Even if you don’t own a car, there is a chance that at some point you will rent a car or drive a friend’s car and need to have insurance. If you don’t, you could be in trouble financially and even with the law. Here are some things that you need to know about getting good auto insurance coverage.…

How To Lower Insurance Costs For Older Homes

You probably know that it’s difficult and expensive to buy homeowners insurance for very old homes. This is mainly because these old homes have deteriorated or outdated fixtures and installations that can fail at any time. However, you can take measures to ensure that the insurance costs for your old home don’t break the bank. Here are a few examples of these measures: Update Dangerous Fixtures One of the problems with insuring old homes is that they have old fixtures and installations that have deteriorated with time.…

Home Insurance and Collectibles: Is Your Collection Protected?

Do you collect items such as baseball cards, game cards, rare coins, or stamps? If you’re in the habit of finding collectibles, you need to be aware that you may not be appropriately insured. Homeowners insurance generally comes with personal property insurance that is designed to cover fairly common items: furniture, decorations, and appliances. When it comes to collectibles, true value may be a little more vague. Collectibles May Have a Sub-Limit…