This New Year Resolve to Review Your Insurance
Posted: January 1, 2025
While you may have made some good New Year's resolutions, to make sure that you are not leaving anything to chance you should also revisit your insurance policies. You may have acquired new property, upgraded your home or bought new stuff for your house and, considering the increasing risks of natural catastrophes, you may now have more risk than you're aware of. By taking a...
Why the Cost of Insuring an EV is Higher Than for a Gas Vehicle
Posted: December 23, 2024
If you've been considering purchasing an electric vehicle, be sure that you consider the cost of insuring it before you buy. Due to the complexity of these vehicles and higher repair costs, even the least expensive EVs like the Chevy Bolt and the Nissan Leaf cost more to insure than gas-powered cars that are larger. There is some debate whether those added costs are balanced...
Drone Liability a Serious Threat to Your Assets
Posted: December 23, 2024
Some personal drone enthusiasts push the limits on how they use their drones, put people's lives in danger - and sometimes hamper public safety efforts during emergencies. The problem of individuals flying their drones into disaster areas surfaced in 2017 during the aftermath of Hurricane Harvey. The authorities had to issue warnings for drone operators to stay away from rescue areas after several close calls...
More Homebuyers Include Insurance Contingency Clauses in Their Offers
Posted: December 17, 2024
If you are in the market for a new home in a state at high risk for natural catastrophes, you can save yourself time, stress and a headache if you start planning for home insurance before you place a bid. Gone are the days of calling up an insurer a few days before escrow closes. Prospective homebuyers in states like California, Florida, North Carolina, Oklahoma...
Auto Insurance Minimum Liability Levels to Double
Posted: December 10, 2024
Thanks to a new law, starting Jan. 1, 2025, California is increasing the minimum liability coverage levels that drivers in the state will be required to have on their auto insurance policies. The new minimums, double current levels, are meant to keep up with inflation, particularly the cost of car repairs and medical costs. While the minimums have long needed to be increased(they've been in...