Gap insurance (also known as loan/lease payoff) is an optional auto insurance coverage that applies if your car is stolen or deemed a total loss. When your loan amount is more than your vehicle is worth, gap insurance coverage pays the difference. For example, if you owe $25,000 on your loan and your car is only worth $20,000, your policy’s … Read More
Protect Your Business: 7 Types Of Insurance
From the day an entrepreneur starts a business, he exposes himself to certain risks. Even before the first employee is hired, a business is at risk, making it important to have the right insurance in place. One lawsuit or catastrophic event could be enough to wipe out a small business before it even has a chance to get off the … Read More
10 Insurance Quote Red Flags
While most insurance agents are honest, trustworthy individuals, the insurance industry has a few bad apples or perhaps agents who are willing to cut corners in an effort to “win” your business. When shopping for better rates and other options, keep in mind the following 10 red flags to avoid. Agent Quotes A Very Low Premium. If a premium quoted by … Read More