CategoryNews

General Liability and Property Coverage In Apartment Owners Insurance

G

With all the differences in apartment owners insurance, you should really check out what your needs are. Better, get a good insurance agent that knows his way around your states insurance code so that you get the right coverage for your rental property investment. The main two differences you should concern yourself with are general liability and property coverage. There are some key elements in...

Understanding How Bonds Such as a Surety Bond Works

U

Surety bond is a contract between two parties. The principle states as a person or company who gets into contractual obligation with another person or client. The client being a recipient of the contract gets into mutual contract with the principal. The company guarantees to reimburse the client if the principal fails to make the payment. Applying for a surety bond with companies: Before getting...

Some Important Measures To Be Taken with Builders Risk Insurance

S

A builders risk insurance policy serves as short-term property insurance to ensure the safety of the house or building that is under construction. The jeopardy against which the insurance is sought includes larceny, burn, vandalism and other natural calamities like earthquake, tempest and floods, etc. This type of insurance is not for the owner of the property but for the builders in order to...

Do You Think You Know All about Mortgage Broker Bonds?

D

Most people might have heard something about mortgage bonds in the past; it is a cliche that has become more popular just as the mortgage market has increased in popularity in recent times. In recent years, the mortgage market has become a veritable tool of investment among many people looking out to make money. Of course, millions of people seeking to own a home have also taken up a facility in...

How Fitness Instructor Insurance Can Cover Damage to Gym Property and More

H

Why would a fitness instructor need a fitness instructor insurance policy? I mean… most of the time, a fitness trainer works in either a gym or a client’s home… so why would they need a policy in place? After all… most gyms have their own liability policy in place, and most homeowners have liability on their homes. The truth is, though, that fitness instructor insurance...

What Are Your Legal Responsibilities as a Personal Sports Instructor in Terms of Liability?

W

As a sports instructor you, come in contact with different kinds of clients every day. For a lot of people, this is part of the reason the job is so appealing. As an instructor you have to be wary not to put yourself in any sort of situation where your goodwill or professionalism could be turned around against you. This could easily happen if the client decides that in the process of doing your...

Strategy for Getting a Fair Price for a Surety Bond for People with Bad Credit

S

Having bad credit is not fun, especially when you are trying to apply for a surety bond. When you need a surety bond, and you have bad credit, you are usually in some kind of dire situation where you need a surety bond as fast as possible. You have to get a bond, and you have to get it now. This can lead you to buy from the first surety bond company that will give you a high risk surety bond...

Emergence of Technology Errors and Omissions Insurance: How Does it Helps You?

E

The emergence of insurance companies and policies has helped save a lot of businesses and corporations from the harsh effects of law suits and damage claims. Insurance has evolved over the years, and different policies have been formulated to cater for different scenarios and situations. Virtually, every profession or scenario has an insurance policy to suit it; this should certainly be taken...

A Short Guide to Common Court Surety Bonds

A

This article discusses some of the common types of surety bonds brought used towards individuals with the court serving as the main obligee or the surety of the surety bond agreement. Surety bonds are no longer just used by companies in order to manage financial risk and loss which may potentially occur during the course of the completion of a project undertaken by the project owner and an...

How to Know the Level of Small Business Insurance Coverage Needed

H

Every small business has a significant number of risk factors, and even the least of them can cause great havoc on a blooming business. The impact of such havoc is often greater on small businesses and their owners.  One of the most common challenges faced by most business owners, is that of liabilities; they are, if not properly handled, capable of draining one’s business funds, and destroying...

Categories

Recent Posts