Personal Insurance refers to a range of insurance products designed to protect individuals and families against financial losses and liabilities arising from various risks and uncertainties. These insurance policies are tailored to cover personal assets, health, and liabilities, providing financial protection and peace of mind to policyholders and their families.
Here are some common types of personal insurance and why they are important:
Overall, personal insurance is important for protecting individuals and families from financial losses and liabilities associated with health-related issues, disability, property damage, accidents, and other unforeseen events. It provides financial security, peace of mind, and a safety net during times of uncertainty and adversity.
Don’t hesitate to contact Murphy Insurance at 800 222 8711 or submit an inquiry via our Contact Us form to learn about our Personal Insurance.
In America, a home burglary happens every 13 seconds, emphasizing the importance of taking preventive measures. Homeowners can significantly lower their risk of falling victim to this crime by implementing various security measures.
With the accessibility of affordable technology, home-based businesses are on the rise. However, operating a business from home alters the risk factors and characteristics of your residence in the eyes of your homeowners insurance provider.
Borrowing or driving a friend’s car is common, yet we often overlook coverage considerations. It’s important to be aware of exclusions and conditions in auto policies, particularly regarding “regular use” and “business use” coverage issues.
The Internet offers immense opportunities for communication and learning, yet it’s vital for children to prioritize safety and precautionary measures. Children and teenagers often underestimate online risks, like the potential for libel or cyberbullying, exemplified by an ongoing lawsuit against thousands of Twitter users for spreading defamatory claims.
Insurance consumers often seek ways to cut costs on personal lines insurance, but not all approaches are prudent. Requests for reductions in dwelling or liability limits on homeowners or auto insurance policies may seem tempting, but they often carry significant risks, particularly in liability situations such as auto accidents or injuries on your property, where substantial losses could occur if a judgment goes against you.
Automobile accidents are a leading cause of death in the United States, especially among children and young adults, as reported by the National Highway Traffic Safety Administration. Many of these fatalities occur on freeways and highways, due to the high speeds involved.
According to the National Highway Traffic Safety Administration (NHTSA), nearly 700,000 drivers in the United States use cell phones or manipulate electronic devices while driving during daylight hours. In 2012, there was a 9 percent increase from the previous year, resulting in an estimated 421,000 injuries in auto accidents involving distracted drivers.
Automobile crashes causing injuries and property damage are most prevalent in urban areas, with one study finding that 81 percent of crashes happen in cities. Additionally, approximately 43 percent of auto accidents are linked to intersections, as highlighted by another study.
In the US, there are roughly 10 million ATVs and over 16 million operators, but each year sees around 700 deaths and over 100,000 injuries from ATV accidents. If you own or operate an ATV, it’s crucial to inform your insurance agent to ensure adequate liability coverage and limits.
Governor Charlie Baker unveiled measures to enhance transparency in government operations, reduce costs, and improve responsiveness to public records requests. These reforms, including streamlined fee structures and enhanced communication protocols, aim to bolster taxpayer accountability and accessibility.