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Category: Insurance News

ARE YOU COVERED?

Does homeowner's insurance cover floods?  As residents affected by superstorm Sandy head back to their homes, many are likely to face an unpleasant reality: Homeowners insurance does not cover flooding. Only people with flood insurance are covered against the kind of storm surges that cascaded through New York and New Jersey. Those with homeowners insurance alone are likely to be compensated for their losses only...

More cars earn top marks for safety

  Despite stricter requirements and tough new crash tests more vehicles earned top marks from the Insurance Institute for Highway Safety. This year, 71 vehicles earned the Insurance Institute for Highway Safety's Top Safety Pick awards compared to 39 last year. That number includes vehicles winning the Institute's stringent Top Safety Pick Plus award, a feat managed by 33 vehicles this year, 11 more than...

How Much Insurance Does Your Small Business Need?

What initiates the need for business insurance? If you are in business, you need insurance. The question is - what kind of policy is appropriate? And this is true even if you are a home-based business. If you are consulting or providing expert advice, you may need to purchase errors and omission insurance. A landlord will often require a general liability policy as part of...