Do new car technologies like lane departure warning and blind spot monitoring really make us safer? Get tips on using technology safely on the road. Watch this video for important tips on using new car technology.
The Sharing Economy
What is the sharing economy? Rapidly-developing businesses that allow personal owners of vehicles or homes to share their properties with strangers in arms’ length transactions that often involve a smartphone app or a web-based tool. Companies like Lyft, Uber and Airbnb have developed innovative business plans that allow consumers of such services to save money and entrepreneurial car and homeowners to earn it.
Before you consider a partnership with a ride-or car-sharing company as a driver or a rider, you may want to talk to your insurance agent and review your auto insurance policy very carefully.
Some car- and ride-sharing services now provide “umbrella” policies. Before you decide to rely on someone else’s coverage, whether it is a private passenger or a commercial policy, it’s prudent to ask for a copy and review it with your agent to confirm that your potential liabilities would be adequately covered.
We are here to help you and answer any questions you might have. Are you thinking about becoming a part of the Sharing Economy? Let us help you with all your insurance needs. ... See MoreSee Less
5 days ago
Renter’s Insurance is the equivalent of homeowners’ insurance for people who rent their residences rather than own their residence.
Most owners of multi-unit dwellings (apartment buildings, etc) have property insurance that will cover losses associated with the dwelling itself, but not its contents. The renter is responsible for insuring their own contents. A renter’s insurance policy will cover the belongings, ranging from a valuable piece of jewelry to an expensive piece of furniture, that a renter brings into the unit.
A renter, especially a young person, may assume that they own nothing of enough value to warrant getting a renter’s insurance policy or that their possessions are protected by the landlord’s insurance policy. This almost never the case.
Each individual item may not be worth more than $1,000, replacing the damaged or lost items will cost a lot more than you think. Plus the aggravation of having to replace it all.
Renter’s insurance can come in handy whether the loss is due to a natural disaster, a fire or a theft, and some policies will even cover a renter’s stay in a hotel (loss of use) if necessary. Renter policies will also include Liability to protect the insured against 3rd party bodily injury or property damage.
For details about this coverage and more give us a ring! ... See MoreSee Less
2 weeks ago