We don’t really think a lot about our personal liability or that of the people around us, but there are events in our lives that make us more vulnerable to lawsuits and other legal actions. Today we will focus on when you should look at increasing liability insurance due to personal events in your life. If you’re interested in liability insurance related to a business, see our blog, What Is and Isn’t Covered by Your General Liability Business Insurance? Continue reading What Life Events Require Increasing Liability Insurance?
Tag: Liability Protection
What is Liability? Understanding Insurance and Risk
When looking at insurance – almost any type of insurance – you’ll see the word liability. It’s at the core of what insurance is for, the paying of costs incurred by the policyholder that is covered under the policy – that’s what liability is: something a person (or company) owes another. But what does it mean in the context of common insurance? And what does it mean to the larger concept of risk in insurance? Today we’re going to answer these questions, including some helpful examples. Continue reading What is Liability? Understanding Insurance and Risk
When and Why You Should Get Renters Insurance
Even when you’re just renting, your apartment is your home. That’s why it’s important to treat your renter’s insurance just like a homeowner should treat theirs: not as a minimum requirement, but as an actual safeguard to possessions, liability, and other risks. There are many situations and factors that make getting renters insurance not only favorable but vital. Learn when and why you should get renters insurance for your needs. Continue reading When and Why You Should Get Renters Insurance
When Should I Add Umbrella Insurance to My Existing Policies?
We’ve all had those moments where our insurance coverage didn’t hold out. Maybe it was when costs exceeded your policies’ payout limits. Maybe it was something you thought you were covered for by an existing policy, only to find out you weren’t. Beyond getting better insurance policies, it might be time to look at other insurance to shore up your coverage. It might be time to add umbrella insurance to your existing policies for improved liability protections for you and your family – and even beyond. Continue reading When Should I Add Umbrella Insurance to My Existing Policies?
