As an owner-operator, it can feel like you don't have to answer to anyone. While a great feeling, it's important to note that this level of independence does come with a great deal of responsibility. A part of this responsibility is ensuring that your truck is adequately insured. Whether you've been driving for years or you just recently ventured out on your own, there are several things you need to know about commercial truck insurance.
Homeowner's insurance is a type of insurance product designed to protect your home and everything in it. Having homeowner's insurance is vital for anyone who owns a house, but it can be expensive. Because of this, you may want to consider escrowing your homeowner's insurance, and here are three things to understand about this. What it means Escrowing your homeowner's insurance involves dividing the annual premium you must pay by 12 months in the year, and then paying this portion each month with your mortgage payment.
If you feel like you are overpaying for your car insurance, the only way to find out is by getting some quotes for coverage. The amount you pay is based on a lot of different factors, but every insurance company calculates quotes in slightly different ways. Because of this, you may be able to save money by switching to a new company, but you will need to get quotes for coverage and compare them properly.
With weather patterns becoming increasingly severe (and tough to predict), even those who live several hundred miles from the ocean may occasionally find themselves displaced or even suffer property damage as a result of a hurricane or tropical storm. Sadly, one thing many homeowners don't realize until it's too late is that their insurance policy doesn't always cover the cost of repairs resulting from hurricane damage. Read on to learn more about what constitutes hurricane coverage, who can get it, and what you should do to ensure your home and property is protected.
A suspended license does not look good on your driving record, but a revoked license is even worse. In many states, when a license is revoked, it means that you will not be driving much of anywhere anytime soon. In short, you are forbidden under the law to drive any street-legal vehicle anywhere for a period of up to a year (sometimes two, depending on why your license was revoked by a traffic court judge).
When you start thinking about getting insurance, it can be overwhelming to hear the advice from family and friends. While some people might encourage you to stockpile money and insure yourself, others might warn about the expense of paying for car repairs or a stay in the hospital. However, even the most conservative financial experts talk about the importance of having sound insurance. Because it can be difficult to find the right policies, I decided to create a website completely dedicated to providing free information about insurance. Every situation is different, but if you are like most people, you will need a decent homeowners, medical, auto, and life insurance policy to protect you from unforeseen circumstances.