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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.

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Big Changes Ahead for California Auto Insurance: Senate Bill 1107 and What It Means for Agents

American Agents Alliance

The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).

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Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils. It provides coverage for third-party bodily injury or property damage claims that may arise from accidents on your premises or as a result of your products or services.

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How to Read Homeowners Insurance Quotes

TGS

A lot of factors go into calculating your home insurance premium. Deductibles 8. Total Premium 11. Insured Address Your home’s location is a critical piece of the calculations that determine your homeowners insurance premium. Total Premium This is the sum that you will pay for this homeowners insurance policy.

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Tips for Buying Home Insurance

Bankers Insurance

Even among typical homeowners policies, premiums likely increased year over year. Coupled with the significant property damages caused by the aforementioned natural disasters, these price increases make claims submitted by policyholders who must repair or rebuild their homes considerably more expensive. Reduce liability risks.

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What Does It Mean to Be a No-Fault State?

TGS

Cons: Higher Insurance Costs: No-fault states tend to have higher insurance premiums, as insurers take on greater responsibility for covering claims. While it covers medical expenses, lost wages, and certain other costs, it doesn’t cover property damage to your car or liability for damages to others.