What would happen if your home was destroyed and you were forced to rebuild after a total loss? Would your insurance cover it all? The answer is, as uneasy as it sounds, maybe! It all depends on if your insurance carrier is able to offer you extended or guaranteed replacement coverage. In other words, will they cover…
We often forget that our auto insurance policies are contracts. Besides paying your premium on time, in order to keep your car insurance rates down you should abide by your car insurance company’s rules. But how can you abide by the rules when you don’t even know what they are? Here are 10 common scenarios that Insure.com…
Did you know that after experiencing a homeowners loss, rebuilding your home to meet current codes or demolishing what is left of it might increase your costs up to 50 percent? Certain communities have laws or building codes that greatly affect the reconstruction of damaged homes. These building codes change over time and they rarely become…
It’s scary to realize that some drivers on the road have no insurance or have insufficient coverage. But when you have uninsured/underinsured motorist coverage, you’ll have protection even if you’re in an accident with one of those drivers. Key points about coverage for uninsured/underinsured motorists: As long as you’ve chosen sufficient limits on the policy,…
D & O Liability definition: Coverage for defense costs and damages (awards and settlements) arising out of wrongful act allegations and lawsuits brought against an organizations board of directors and/or officers. Your organization’s assets and the personal assets of its directors and officers are at risk with every decision you make, every day. Why you and your…
There are many reasons you should protect yourself with Directors and Officers coverage, but the top 5 reasons are: Directors and officers can be held personally liable for claims; organizations increasingly consider personal liability coverage as one of the most important aspects of their D&O program. D&O liability claims related to regulatory actions are increasing for all types of…