According to a recent survey, a staggering number of US drivers – approximately 96% – are unaware of the fundamental elements of their auto insurance coverage. The poll, which interviewed almost 1,000 drivers across the country, looked at how well motorists understand their auto insurance to see if they are aware of what it covers […]
Almost 98% of drivers misunderstand how their auto insurance works Read More »
When does an insurance company consider my home vacant? 95% of homeowners do not understand what happens to their insurance on their home when their house becomes empty or unoccupied. Most people find out they do not have any coverage after submitting a claim because they failed to let their insurance agents know that their
Vacant Homeowners Insurance Read More »
In the event of injuries or damage to property of others which you allegedly caused: Call us to report a claim. Forward any correspondence, including a summons from an attorney representing the other party. Do not discuss the claim with the other party or their attorney. Refer them to your insurance company’s claims adjuster or to
How to File a Business Liability Claim Read More »
Your home insurance deductible is one of the easiest things to use to help control the cost of your homeowners insurance. When choosing a deductible, what you are really doing is telling the insurance company how you view insurance. What I mean by this, is the lower the deductible you pick, the insurance company knows
How to choose a deductible for your homeowners insurance policy Read More »
Using the right tool for a job is key to success in any profession. Experts say the same principle applies when selecting an auto insurance policy. Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is
Four Questions To Select The Right Auto Insurance Read More »
Don’t own a car? Do you still need auto insurance? One of the most common myths that we hear is that “I sold my car so I don’t need to keep my car insurance“. Technically this is not true in most cases. Here is why: Most if not all state laws have driver responsibility rules.
Should I cancel my auto insurance if I don’t own a car? Read More »
GOOD DRIVERS ARE RESPONSIBLE DRIVERS. Having proper Auto Insurance ensures your independence behind the wheel. From accidents and injuries to hit-and-runs and theft, it’s important to keep your car insured so you’re prepared when accidents do happen. At Beacon Point, we combine premium Auto Insurance with personalized service to give you the best coverage possible. Our insurance
Auto Insurance Coverage Options Read More »
Setting up a backyard swimming pool can make those hot summertime’s a lot more enjoyable and relaxing, however could it get you into a great deal of financial difficulty too? The short answer is: yes. If you’re not properly covered, and somebody gets hurt in your pool, you are welcoming claims. I understand what you’re
Your Swimming Pool Might Get You Sued Read More »
Whether you are a home owner or a renter, having an up-to-date inventory of your belongings can be an invaluable resource, particularly for insurance purposes. The contents of your home are covered up to a certain limit by your homeowner’s policy. If you have a fire or burglary in your home, your insurance company will
A Home Inventory Can Save You Time and Money Read More »
Your homeowners insurance is likely to be an HO-1, HO-2 or HO-3 form policy, otherwise known as the basic form, broad form or special form, regardless of the state in which you live. Each policy form is packaged with both property and liability protection among other coverages but the extent of the protection varies widely
Comparison of Insurance: Special Vs. Basic Coverages Read More »
A monoline commercial umbrella insurance is a type of policy that provides financial protection with extra liability coverage limits for your primary business insurance policies in addition to covering some exposure gaps in those policies for a wide range of risks. It is typically used to provide coverage for businesses and professionals that face a
What you need to know about monoline umbrella policies Read More »
Medicare is health insurance for people age 65 or older, under age 65 with certain disabilities, and any age with permanent kidney failure (called “End-Stage Renal Disease”). You must have entered the United States lawfully and have lived here for 5 years to be eligible for Medicare. There are multiple parts to medicare: Medicare Part
Medicare is complicated. This is the major criticism against it. Many Medicare mistakes occur on a regular basis. Avoiding these mistakes ensures that you’ll have far fewer challenges in getting the care you require. If you haven’t enrolled in Medicare yet, recognizing these blunders will put you way ahead of the competition. The most effective
9 Important Medicare Mistakes to Avoid Read More »
Homeowners Insurance Deductibles The deductible is the amount of money you have to write a check for before the insurance company will pay for damage to your home. For example, if you have a $1500 deductible and you file a claim for $10,000, the insurance company will pay $8500 for that claim. Types of Deductibles
How home insurance deductible works Read More »
A motorcycle is a significant investment. Before you get your motor running and head out on the highway this season, you owe it to yourself to make sure your insurance is up-to-date and you’re properly covered. “Just as riding a motorcycle is much different than driving a car, riders should know that their motorcycle insurance
Motorcycle Insurance 101:The Essentials Read More »
The HO-3 has been the standard homeowners insurance policy since the 1950s, and is adequate for most homeowners personal insurance needs. For older homes, it’s still an excellent choice. But today, there’s something much better, particularly for newer, well-maintained homes. It’s known generically as the HO-5 homeowners insurance policy. While the HO-5 is offered only
What does an HO-5 policy cover? Read More »
There are three different bases that an insurance company can use to value an insured auto. Lets first look at the one that almost everyone has on a typical insurance policy: Actual Cash Value (ACV) ACV translated means “What its worth in cash, today (just before you crashed it).” After your accident, an insurance company
Classic / Antique Auto Insurance – Agreed Value vs. Stated Value Read More »
Before you take that first pleasure cruise or fishing trip of the season, make sure your boat insurance is shipshape. Insuring a boat is different than insuring a car or home. Boats require specialized coverage. To avoid a sinking feeling about your boat insurance, consider these tips: Evaluate your specific needs. Some insurance companies provide
Tips For Smooth Sailing This Season Read More »
