Approximately 37 percent of renters have renters insurance, according to the Insurance Information Institute. While renters insurance covers common losses and damages resulting from perils like theft, vandalism, and fire, it does not cover everything. Most renters insurance policies do not cover damage caused by a flood. Similar to homeowners insurance, flood insurance must be […]
Read MoreFlood Insurance Benefits for Homes
It just takes one inch of flood-water to cause more than $25,000 in damage to a home, according to the Federal Emergency Management Agency (FEMA). When flooding occurs, homeowners will want to ensure that they are protected. Flood insurance is an effective way to safeguard a home against unknown perils like storms and burst pipes. […]
Read MoreWhat Does Flood Insurance Cover?
Flooding is the costliest natural disaster in the U.S., according to The Pew Charitable Trusts, resulting in federal flood insurance claims of more than $1.9 billion annually. To protect their homes and businesses, most property owners rely on flood insurance. In the event of a flood, a flood insurance policy covers direct physical losses to […]
Read MoreWhat Is Flood Insurance?
Floods are one of the most common and destructive natural disasters. According to the World Health Organization, flooding affected more than 2 billion people worldwide between 1998 and 2017. Homes and businesses near the coast are not the only structures that experience floods. Flash floods can occur due to excessive rainfall that causes rivers, streams […]
Read MoreWhat Does General Liability Insurance Cover?
No business can predict the future. As a business owner, it is your responsibility to protect your employees, building and livelihood against the unknown. General liability insurance is a must for businesses of all sizes, regardless of industry or number of employees. General liability policies cover a wide range of risks that could potentially disrupt […]
Read MoreHow to Start a Profit-Sharing Plan
Are you looking for a way to attract new talent, increase workplace morale and help your employees save for retirement? Then a profit-sharing plan may be the right choice for your business. Profit-sharing plans are essentially retirement plans that give employees a certain share of the company’s profits. There is no set amount of contributions […]
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