Homeowners who still owe a balance on their mortgage don’t even need to question their need for homeowners insurance. Lenders usually require proof of coverage because they want to make sure that their investment is protected against typical hazards. Most homeowners who are lucky enough to have their mortgage paid off still usually keep their coverage because they want to protect their own asset.
What Do Home Insurance Policies Cover?
Without this coverage, the homeowners will be totally responsible for the cost of repairs or rebuilding if the home gets damaged. Besides just covering the actual structure, typical policies also contain other kinds of coverage. These include:
Liability: If somebody claims that a homeowner’s negligence or purposeful action caused them to suffer from property damage or an injury, liability helps defend them or pay the claim. Some examples of covered claims include dog bites and injuries sustained from slipping on a wet floor.
Contents: Besides just protecting the home structure, policies can also cover the personal items homeowners have stored around the house. Covered items might include clothes, kitchen appliances, computers, jewelry and TV sets. If the contents of an average home had to be replaced, it would cost several thousand dollars.
Loss Of Use: Most policies also offer loss of use coverage. If the home is damaged because of a covered event, this part of the policy can help the residents pay for temporary housing while the home is rebuilt or repaired.
As a note, some homeowners insurance policies don’t cover damage sustained during a flood or windstorm. If a home is located in an areas where these issues occur frequently, an agent can help homeowners find proper sources of this coverage.
Who Needs to Cover Their Home?
People who own houses, condo units and other kinds of housing usually need homeowners insurance. People who own the home that they live in usually consider that home their largest asset. If the house is used as rental property, the owner should still buy landlord insurance, which is a type of homeowners insurance. Renters also can get covered with renters insurance. These different kinds of coverage are slightly different, but an insurance agent can help consumers obtain the right kind of coverage and shop around for affordable rates.
Risk ManagementYou’ve worked to build your company from the ground up. You’ve expanded, taken on new clients and offered new products or services. As your business grows, the risks facing it also intensify. Even if your company is brand new, you need to protect it with the right type and amount of business insurance. For a small business, general liability insurance is truly at the heart of your company’s success.
What Is General Liability Insurance?
This type of business insurance protects a company from a wide range of claims made against it including:
Property Damage: Covers your business from losses related to damage your business or employees cause to another person’s property.
Bodily Injury: Covers you for legal liability related to the medical expenses of another person injured as the result of your company’s products, services, employees or conditions.
Personal Injury: Protects your business from lawsuits brought against you from the personal injury losses suffered by others.
Business Operation Risks otherwise defined.
General liability insurance is almost always recommended for small businesses because it, along with commercial auto and property insurance, helps minimize financial losses facing your company. Specialized policies are also available for professionals who may be at a higher risk of liability-related losses, such as doctors, architects or contractors.
Who Needs It?
If you operate a small business, you face liability risks. Anyone can come into your business, be involved in an accident and sue you for their loss. Your product may fail, causing damage to another person. Your employee may make a mistake that leads to damage to someone’s property.
The good news is that having general liability insurance can significantly reduce your company’s largest and most expensive risk — a lawsuit filed against it. This means that your company can maintain operations without having to worry about a lawsuit, whether fraudulent or not, that comes up against your company.
Talk to your business insurance agent about the risks associated with your company and the type of liability insurance that can protect it. You can often purchase this type of business insurance within a business owner’s protection policy, also known as BOP. This could help to reduce the costs substantially and help you to maintain the comprehensive coverage your company needs.
Is your business covered? Call Blue Marsh Insurance at (877) 627-7480 for more information on Pennsylvania business insurance.
Everyone with a full-time job understands that spending so much time at work can take its toll on your health, especially if you sit at a desk all day. We all need to earn money, but you don’t need to settle for letting your health take the backseat to work. There are plenty of lifestyle changes you can make while at work to help boost your health, and therefore improve your productivity and efficiency as well.
Workplace Health Tips
Here are some more workplace health tips:
Stand up to stretch each hour; or better yet, go for a short walk around the building. Desk jobs can be tough on your body. Getting up and moving throughout the day helps ease muscle tension and promote healthy blood flow.
Looking to take a bolder step towards healthy productivity? Consider using a standing desk instead of a traditional one. You benefit from more energy and burn calories while still getting your work done.
If you use the phone frequently, ensure that you have access to a headset. This keeps your hands free and prevents the need to crane your neck to secure a phone on your shoulder.
Snacks can help you get through the day, but you should focus on healthy snacks. Rather than relying on the candy bars and chips found in the vending machine, try munching on fruit, veggies, nuts, yogurt, granola bars and other choices that are better for your health.
Similar to the point above, you should limit the sugary beverages you consume each week. This includes sodas, teas, juices and energy drinks. It’s much better for your health to drink plenty of pure water during the day.
Be sure to look away from the monitor for at least a full minute every half hour. This short break helps reduce eye strain.
With a few adjustments to your daily routine, you can enhance both your physical and emotional wellness. And with better health, you may spend less time and money visiting doctors.
Your health is our priority. Call Blue Marsh Insurance at (877) 627-7480 for more information on Pennsylvania health insurance.
What are some of the ways you stay healthy while at work? Let us know in the comments.
Planning on hitting the road this winter? Make sure you’re prepared for adverse weather conditions or other issues by packing an emergency kit. Here’s more information on what you should include in your emergency kit.
Emergency Kit Items
If you encounter car trouble, solid insurance coverage can really help mitigate the issues. Call Blue Marsh Insurance at (610) 590-0152 for more information on the Auto Insurance policies we offer.
(Graphic Courtesy: CPV Manufacturing)
What do you pack in your emergency kit? Let us know in the comments below.