A standard auto or homeowners insurance policy will cover your liability risks only within certain limits. Some types of personal injury or property damage claims against you can quickly exhaust your base coverage, exposing you to a substantial financial setback. You can cover the excess liability risk with umbrella insurance in NY. Read on to
You can protect yourself financially by carrying auto liability, collision, or comprehensive insurance as a driver. However, consider that many factors that impact your car insurance premiums are within your control. Read on to learn more! How Much Does Car Insurance Cost? On average, car insurance costs about $1,200 annually or $100 per month. However,
Unrecoverable losses of business assets can destabilize or even collapse any company, tiny business. This is why it’s essential to have commercial property insurance, even if your business is home-based. A commercial property policy ensures your physical business location/premises and other tangible assets, such as office equipment. It can pay to replace or repair covered
Usage-based Insurance (UBI) is a car insurance coverage that tracks the policyholders’ driving habits through in-vehicle monitoring systems (IVMS). The tracking devices transmit the insurance company’s real-time driving data, such as speed and distance traveled. Thus, the cost of UBI policies is hinged on the actual risk. How Do Car Monitoring Devices and Apps Work?
Generally, homeowners insurance premiums are not tax-deductible. However, in some exceptional circumstances, for instance, when you rent out your property or work from home, you may be able to claim a tax deduction on your homeowner’s insurance premiums. What Is a Tax Deduction? You’re obligated to pay taxes annually on your wages, salary, or other
