Ricky Wells

  • Three Types Of Insurance Coverage That Are Often Overlooked For A Homeowners Policy

    If you are buying a home for the first time, you will need a homeowners insurance policy. It is easy to purchase a policy, you can buy it online, and it will contain all the basic insurance for a house, but you may not understand exactly what you're getting and what has been overlooked. Overlooked coverage is optional, so you didn't think you needed it. For an existing homeowner, this optional insurance may create a situation where you are underinsured.
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  • Why An Owner-Operator Needs Commercial Truck Insurance Coverage

    A career as a truck driver is very risky because large trucks are at risk of causing dangerous accidents due to their size. Semi-trailer trucks are the largest vehicles on the roads and can cause serious injuries, even by barely bumping into a smaller vehicle. Although it is commonly mandatory for all vehicles to be covered by insurance before being driven, insurance coverage is even more important for a truck driver.
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  • 3 Things Your Homeowners Insurance May Not Cover

    Purchasing a home is usually one of the most significant investments people make. Your mortgage lender will require you to buy home insurance before moving into your new house. When you purchase your homeowner's insurance, you often think that you have nothing else to worry about since anything that happens is covered. Unfortunately, this is not true. There are numerous things your policy will not cover unless you purchase additional coverage.
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  • Features Companies Should Consider When Selecting Group Health Insurance

    When choosing a group health insurance plan for their employees, companies should consider several key features to ensure that the plan meets their needs and those of their employees. Some important features to consider include the following. Coverage An important feature of any health insurance plan is the level of coverage it provides. Companies should look for a plan that covers a wide range of services, including preventive care, doctor's visits, hospital stays, and prescription drugs.
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  • Do You Need Car Insurance? Here Are Options You Should Be Familiar With

    If you own a car, you must have the requisite insurance before driving on the road. Failure to secure this means that you'll be liable for any damage to your vehicle and any injuries you sustain. Keep in mind that there are many insurance coverage options, and the protection level you'll receive will vary based on the type you choose. Also, depending on your region, some coverages are mandatory, while others are optional.
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  • The Importance Of Choosing One Of The Reliable Medicare Supplements

    After you retire and reach the age of claiming Medicare benefits, you may find they fail to offer the coverage you need. You might be left with expensive medical bills to pay out of your own pocket. You also might fail to secure additional medical services you need to stay healthy and safe as you age. Instead of relegating yourself to a minimum standard of medical care, you can take out additional insurance to back up your Medicare coverage.
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  • Insuring Your Enterprise To Reduce Its Liabilities

    Insuring your business can be an important step for keeping it safe from some of the potentially serious liabilities that it may face. Unfortunately, new business owners can leave their businesses unprotected by failing to be as thorough as they need to be when choosing a particular business insurance policy to buy for their enterprise. Coverage For Disruptions And Theft Major disruptions and theft of products or equipment can be serious problems for any enterprise.
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  • What Documents Do You Need To Qualify For An Insurance Agency Loan?

    If you're thinking about starting or expanding an insurance agency, you may be wondering how to qualify for the loan you'll need to do so. As with any other loan, you will need a good credit score and a solid business plan. However, there are a few other things you'll need to take into account when applying for an insurance agency loan. These are some of the documents you may need to provide to secure the loan you need.
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  • Convincing Reasons to Use Surety Bond Insurance in Your Business

    As the owner of a contracting business, you want to offer the services for which customers hire you while also protecting your workers. You likewise want to lower any financial liability your company bears during ongoing projects for your clients. With that, you may need to invest in financial protection for your business and the people who work for you. You may find it helpful to purchase surety bond insurance for the employees you hire to work for you.
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  • Why Upfront Insurance Payment Is An Economic Masterstroke

    Most insurance companies allow regular and upfront premium payments; for example, you can pay your monthly or annual premiums. The upfront payment does not look attractive since it requires a significant investment. However, upfront payment has several financial benefits. Below are some of these benefits. Discount Many auto insurance companies award discounts to those who make upfront payments. Your upfront pay shows that you are committed and financially responsible. The discount is both a reward and an incentive for similar behavior.
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