Life-saving technology can also add to medical costs.
Consumers often wonder what factors affect insurance premiums. One big factor is the rising cost of medical treatment.
General liability, homeowner, workers’ compensation and auto insurance claims all are affected by post-accident medical expenses. From initial emergency response and trauma care to surgery, physical therapy and beyond, medical services are essential to helping people recover from an accident. But these life-saving measures are also major expenditures that impact insurance rates. Read More
Protect your vacation home from common causes of damage.
Whether it’s a cabin in the woods, a house or condo on the beach or a chalet in the mountains, your vacation home can be a wonderful place to relax and unwind. However, secondary residences require additional precautions compared with your primary home.
An often-overlooked hazard involves water damage to secondary residences that stand unoccupied for extended periods. Read More
Think about coverages you may need for an older or historic home.
You may find an older home appealing because of its size, grandeur and location. But before you leap into the refurbishing trend, look at how older homes can present challenges that could increase your insurance costs.
After World War II, tract homes became the norm as the construction industry standardized materials and techniques. As a result, features found in homes constructed before 1945 became “custom.”
The right auto coverages can help you deal with the curves in the road.
When you purchase an insurance policy for your car, there are some basic coverages that help protect you from financial curves in the road.
Bodily Injury Liability protects you against damages for which you are legally responsible because of a covered auto accident that causes bodily harm, including death, to others.