Courtesy of iii.org There's a difference between an insurance company cancelling a policy and choosing not to renew it. Learn why your insurance might not be renewed Auto insurance cancellation Insurance companies cannot cancel a policy that has been in force for more than 60 days except when: You fail to pay the premium You have committed fraud or made serious misrepresentations on your application Your drivers license has been revoked or suspended. Auto insurance …
Insurance
Home-Based Business & Insurance
Courtesy of iii.orgWhether you’re running a part-time, seasonal or full-time business from your home, you’ll want to carefully consider your risks and insurance needs. Starting a business—even at home—can be a challenging venture, and having the right insurance can provide a financial safety net and peace of mind. Your insurance choices should, in part, be based on the type of business you operate. For instance, if you’re a sole practitioner home-based accountant, you’ll have very different …
If You Need to a Locate Life Insurance Policy
Courtesy of iii.org Locating life insurance documents for a deceased relative can be a daunting task—for one thing, as of this moment there are no national databases of all life insurance policies. However, with a little sleuthing, you can successfully navigate the paper trail. Here are some strategies to help simplify your search. 1. Look for insurance related documents Search through files, bank safe deposit boxes and other storage places to see if there are any insurance related …
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Family & Business Liability Insurance-Need to Know
Courtesy of iii.org One might think that family-owned and operated businesses would be relatively immune from employee lawsuits, but thats not the case according to a recent Gen Re article. The reasons family-owned businesses get sued include: most family owned businesses employ at least one non-relative; the non-relative is likely to be first to be fired when the business is struggling; and family members are reluctant to discipline each other for bad workplace behavior, especially if …
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Do You Have Adequate How Much Homeowners Insurance?
Courtesy of iii.org If disaster strikes, you'll want enough homeowners insurance to rebuild the structure of your home, to help replace your belongings, to defray costs if you're unable to live in your home and to protect your financial assets in the event of liability to others. Use these guidelines to help determine the coverage and amounts you need. Determine how much insurance you need for your home's structure Standard homeowners policies provide coverage for disasters such …
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No-Fault Insurance Reviewed in Florida for 2018
Courtesy of iii.org The Florida Legislature is again looking at ending no-fault auto insurance in Florida. Sound familiar? Tweaking no-fault (also known as personal injury protection PIP) is a frequent topic for legislative debate. You may recall a fix to fight no-fault fraud came in 2012. Regulators issued a report in 2015 that said the fix appeared to be working. Regardless, it seems the desire to do something about rising auto insurance rates may be driving the desire to abolish …
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