Having the right kinds of insurance — including good medical, disability, automobile, homeowner, long-term care, life, and even travel insurance — is key to good financial planning. This page about insurance gives you the lowdown on how to successfully navigate the often perplexing world of insurance coverage.
5 Reasons to Update Your Homeowners Insurance This Summer
This post was written by guest blogger Eve Becker. Whether you’re hosting a barbecue, garden party, pool party or family get-together, there’s nothing quite like entertaining outside in the summer. Many people, recognizing the value of an outdoor entertaining space in the warmer months, have upgraded their decks and patios to enjoy with guests in [...]
Wedding Insurance: When Vendor Issues Cause Wedding Woes
On your wedding day, a picture truly can be worth a thousand words—but that’s only if the photographer shows up. In 2012, problems with photographers accounted for more than half of all vendor-related wedding catastrophes, according to a Travelers analysis of wedding insurance claims. Vendor problems in general topped Travelers’ list of most common wedding [...]
Understanding Obamacare: Health Insurance Exchanges
Nearly four years after Congress passed the federal Patient Protection and Affordable Care Act, one of its most prominent features will begin in October—the Health Insurance Marketplace. According to a recent survey done for InsuranceQuotes.com by Princeton Survey Research Associates International, only 10 percent of Americans claim to be very knowledgeable about the Affordable Care [...]
Small Business Insurance Basics: Business Income Insurance
By now, most of us are familiar with the devastating images of destruction caused by Superstorm Sandy. When it made landfall on October 29, 2012, near Brigantine, New Jersey, Sandy was considered the worst storm to hit the northeastern United States since the Great New England Hurricane of 1938, causing insured losses estimated at $25 [...]
Does Homeowners Insurance Cover Earthquake Damage?
Don’t count on your homeowners insurance policy in the face of an earthquake—neither quakes nor losses resulting from earth movement are covered under standard policies. Supplemental coverage is available, however, and you may want to consider it if you find that you live in an area with potential for quakes. According to the U.S Geological [...]
Small Business Insurance Basics: EPL Coverage
Small business insurance goes beyond insuring your inventory and office space. All small business owners may, at some point, have a need to protect themselves from lawsuits. These lawsuits don’t just come from employees; they can also come from independent contractors and customers. Discrimination, sexual harassment, wrongful termination—these are just a handful of the claims [...]
Is Renters Insurance Worth Having?
There are a million reasons why tenants may choose not to purchase renters insurance, but it’s coverage that is worth considering—even if you don’t own anything that you consider overly expensive or valuable. In many cases, renters insurance will cover more than just the contents of your apartment. Scenario #1: Injuries to a guest in [...]
Does Homeowners Insurance Cover Fracking?
Most homeowners insurance policies don't cover fracking. Check with your insurance company to see if they have extra coverage for fracking. Q: I've not seen fracking addressed in your column but I understand that doesn't mean you haven't! Most homeowners do not know their home insurance does not cover fracking, even if they have earthquake [...]
Do I Need Key Person Insurance For My Small Business?
“No one is indispensable,” goes the saying. But as many small business owners know, there may be one or more people whose knowledge, work, and overall contribution is in fact vital to the company. Many small businesses aren’t prepared for the consequences if the business owner or another highly valued employee becomes disabled or dies, dramatically reducing [...]
Six Questions to Ask When Shopping for Storage Unit Insurance
Spring is in full bloom, which makes now a great time to tackle some spring cleaning and finally sort through the clutter that piled up all winter long. Whether you are gearing up for a trip to your storage unit to pack away more stuff or thinking about renting a storage unit for the first [...]