Your Renters Insurance Guide
Your landlord’s insurance covers repairs to the building in the event of a disaster if you rent a house or apartment. To safeguard your belongings and liability, renters or tenants insurance is essential.
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Entries by Murphy Insurance
Factors that Affect Home Insurance Premiums
Home insurance coverage varies based on factors like policy type and personal circumstances. Understanding these factors ensures you have adequate coverage tailored to your needs.
Distracted Driving Awareness Month: Are You Doing Your Part?
April is Distracted Driving Awareness Month, recognized by the National Safety Council. It aims to raise awareness about the dangers of distracted driving and urges motorists to minimize distractions while driving.
Sole Proprietors and Partners Not Always Covered by Workers’ Comp
Ensure you know the situation: Sole Proprietors and Partnerships must elect proper insurance coverage to safeguard themselves. Don’t overlook this crucial protection – it’s your livelihood at stake. For other businesses, verify coverage status to avoid potential premium hikes in audits.
How to Avoid Having an Underinsured Home
In ensuring your home is adequately covered for a disaster, it’s vital to avoid being underinsured, especially considering your home’s significance as a significant asset. To ensure adequate coverage, asking your insurance professional four key questions is crucial for peace of mind and protection.
Protect Yourself from Underinsured and Uninsured Drivers
When purchasing car insurance, it’s common to prioritize coverage for personal and property damage as well as liability. However, it’s equally important to consider coverage for scenarios where another party is at fault, as their insurance might not adequately cover damages or injuries, leaving you financially vulnerable.
Reducing Risks to your Business Vehicles
Whether you possess a single business car or manage an entire fleet of commercial vehicles, obtaining commercial auto insurance is imperative. Consult with your insurance professional to assess your risks and explore suitable coverage options.
Is Your Business Prepared to Survive a Disaster?
A prepared action plan is vital for business continuity during severe storms that cause power outages and flooding. FEMA reports that 40% of businesses fail to reopen after disasters, emphasizing proactive preparation for financial recovery and operational continuity.
Even Responsible People Get Sued
Regardless of your financial status, legal actions can incur substantial defense costs, potentially causing financial strain, irrespective of the lawsuit’s outcome. Being sued, even without liability, can lead to significant financial burdens.
Costly Insurance Mistakes to Avoid
In insurance decisions, balancing coverage and budget is key. While cutting corners may seem wise, investing more initially for better protection can prevent hefty out-of-pocket expenses during claims. Avoiding common pitfalls ensures solid protection, from underinsuring homes to securing vital coverages like flood and earthquake insurance.