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Insurance Podcast Roundup – Week of August 30, 2011

Insurance can be confusing, and complicated, at times. You might find things easier to comprehend if you listen to someone explain it on a podcast, than if you tried to sit down and read some articles about insurance topics. The weekly Insurance Podcast Roundup can help you make sense of things. NPR has an episode of Morning Edition that was released on August 29, 2011. This episode talks about the new poll done by the Kaiser Family Foundation. The poll shows that about half of Americans who do not have any form of health insurance do not have a good … Continue reading →

When Homeowners Insurance is Not Enough

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A standard homeowners insurance policy can help you repair damage to your home, and to replace items that were stolen from it. However, this type of policy doesn’t provide you with financial protection for damages caused by the wrath of mother nature. Instead, there are a variety of other insurance policies that can help. Just make sure you buy the right kind of insurance before a disaster strikes. What happens if an earthquake strikes, and damages your home? A typical homeowners policy, like the kind you probably purchased when you got your mortgage, will not cover damages due to an … Continue reading →

Earthquake Insurance Is Expensive

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Very few people in California actually purchase earthquake insurance. This may sound strange, especially since so many people believe that California will fall into the ocean someday, due to a giant earthquake. In part, this is because the insurance is too expensive. However, that could change, if a bill is passed into law. I live in California. I’ve been here for a little over five years now, and I have never purchased earthquake insurance. When the recent earthquake hit Japan, followed by a tsunami, I had a few of my relatives from the Midwest telling me that I should come … Continue reading →

What is Earthquake Insurance?

When I first was planning my move from Illinois to California, I got a lot of advice from my relatives. Most of them warned me that I shouldn’t move to California, because of the potential of experiencing an earthquake. It seemed strange to me that people who thought nothing of the blizzards, severe cold weather, severe hot weather, floods, epic thunderstorms, and close calls with tornados that happened every year of their lives would be especially fearful of earthquakes. I feel like there is no “safe” place on this planet that is free from the ravages of nature. Instead, one … Continue reading →

Insurance Terms: H

A | B | C | D | E | F | G | H | I | J-K | L | M | N | O | P | Q-R | S | T | U-V | W-Z Hacker Insurance believe it or not this area is a major concern for business engaged in electronic commerce and or stores sensitive information. Hacker insurance is insurance that protects businesses from losses caused by hackers. Hard Market is a term that refers to a seller’s market when insurance is more expensive and is more difficult to obtain. A hard market is … Continue reading →

Insurance Terms: E

A | B | C | D | E | F | G | H | I | J-K | L | M | N | O | P | Q-R | S | T | U-V | W-Z Earned Premium is the amount advance premium an insurance policyholder has paid but, which has been “earned” by the insurance company because time has passed without claim. For example if an auto insurance policyholder pays 6-months of premium and the policy is cancelled after 2-months the insurance company has provided coverage for the 2-months and that portion of the paid insurance … Continue reading →

Homeowner Insurance Forms

Homeowners insurance is the best way to protect your personal property whether you own or rent a home, manufactured home, townhouse, or condominium. When reviewing your insurance policy it’s a good idea to understand what kind of Homeowner Form your insurance policy is written on. Home-owner’s policies are classified by the type of perils they cover. There are six basic types of homeowner insurance policy forms which tend to be defined by the Perils they cover: HO-1: is the basic homeowners insurance form. Also known as a Standard Fire Policy An HO-1 policy covers a dwelling (the actual structure of … Continue reading →

Insurance Terms: A

A | B | C | D | E | F | G | H | I | J-K | L | M | N | O | P | Q-R | S | T | U-V | W-Z AAA Insurance: Help on the Road and Beyond, AAA is well known for their roadside services including towing as well as their trip planning tools. Today AAA offers a wide range of insurance products. Accident: Is an unforeseen, unexpected, or unintended event. Accidental Bodily Injury: Is the physical injury caused to someone resulting from an accident. Accidental Death Benefit: For a … Continue reading →

The Top 10 Small Business Insurance Do’s and Don’ts

The Do’s this is a quick list for the things every small business owner wants to consider when it becomes important to insure for the risks we need to have covered. #1 Think about the insurance issues during the start-up process of your new business and have applications and insurance policies issued when needed. If there are partners be sure to ask for a buy-sell agreement and use life insurance to fund the agreement in the event one of the partners were to die. #2 Find an Insurance agent who can service all of your small business and personal lines … Continue reading →

Small Business Insurance: Basics

Most business need a certain amount of Insurance in order to protect their company from liability or other risks. A new small business might need just a few key insurance policies in order to safely start and conduct business. But, as a company grows or employs more workers other insurance products and policies are going to be important. Some of the Key Business Insurance Products Growing Business Might Need: Business Overhead Expense Insurance: This is like business disability. The policy is designed to pay the costs of a business when the business owner is disabled. Business Life Insurance: Is Life … Continue reading →