One of the most important aspects of starting a new business is understanding and covering the insurance needs. Every company is different from others and will have different needs. However, when it comes to insurance, there are several steps that all companies will go through. With that in mind, we gathered 5 useful tips for…
We all know that California is prone to earthquakes. There have been several high-magnitude quakes in recent history, and homeowners should consider having earthquake insurance. Some recent earthquakes include the Northridge Earthquake in 1994, which reached a magnitude of 6.7, and the Landers Earthquake in 1992, with a magnitude of 7.2. However, a surprisingly low…
Millennials represent the largest living generation in the country, which also means a huge part of the market. However, they are much more like to spend money on gym memberships, digital services, entertainment, and leisure. For insurance companies, this means that several changes need to be made in order to attract Generation Yers. This is why we need…
Working for a rideshare service like Uber, Cabify, or Lytft is a great way to get some extra money on the side. However, we need to think about the type of coverage that we’ll need to do so. Therefore, doing our research on rideshare insurance beforehand is a must. This way we’ll make sure that we understand the potential risks…
Experts have stated that Hurricane Michael is one of the strongest hurricanes to ever hit Florida. As a result, the damages and losses might reach anywhere between the $2 billion and $10 billion. According to the New York Times, the number of lives lost so far reaches 13, but this number might increase. Besides, hundreds of people…
For most of us, Halloween is a night of harmless fun and games, and for some, it’s their favorite time of the year. Whether we like to attend costume parties, welcome trick-or-treaters, or binge-watch horror classics, everyone can enjoy this night. However, there are many situations that could represent a potential risk, but these Halloween Insurance…
In the vast majority of households, we consider our pets to be another member of the family. This is why we should consider getting a pet insurance policy. Sometimes, having to cover unplanned veterinary expenses can represent a significant step back from our financial status. Luckily, there are several companies that offer pet coverage, with as many plans and options…
A couple of weeks ago, a man who had caused a rear-end collision in 2015 was convicted of insurance fraud. The man purchased a car insurance only one hour after he had crashed into a woman’s car. Then, he filed the claim stating the crash had happened the day after he bought the policy. However, the…
Getting a drone can sound like a lot of fun, especially if we are getting one for the very first time. However, we must be aware that drones are not toys, and we should always consider having drone insurance in case we happened to need it. Also, we need to consider what kind of drone we…
There isn’t an industry on which technology hasn’t had an impact, whether for better or worse. The fact that we are living in a digital era is reshaping every single aspect in our lives. Consequently, the insurance industry has been adjusting to the different changes that have started taking over the business. Thus, technology and…