There are many things to consider when purchasing your home insurance, here are a few things to look for when finding the right policy. Home Owners Liability Coverage Liability insurance is very important to a homeowner’s coverage because it helps protect the owner and the family from financial disaster if someone files a claim against the homeowner’s policy, sues the…
Tag: Liability
Forming A Business Entity Why Size Doesn T Matter
Say the word “corporation” to the average person and they’ll probably make the association of a substantial business: office buildings, boardrooms, stock deals, factories, an army of employees, and so on. In making that association it may never occur to someone who owns a business, no matter how small, whether already up and running or still in the planning stages,…
Homeowners Policy Why You Should Review It Annually
Most Homeowners insurance companies will simply send out a reminder for a renewal of your home insurance policy when the end of the year is up for your insurance coverage. Many will also automatically renew your policy unless you call and let them know that you want to change or cancel that policy. This makes it easy for many homeowners…
Avoid Being Taken By Surprise When Running A Home Business
Few things are harder to stomach for an entrepreneur than sudden unexpected turns of events. This may pertain to a sudden unexpected bill that comes in the mail or the terse reminder of your friendly local taxing authority that you are behind in filing your quarterly business taxes. Since your home business is not only your bread and butter but…
Do I Need Excess Liability Coverage Don T End Up Like Mary And John
John and Mary live in a nice five bedroom home located in California. They’ve lived in their three thousand square foot home for twenty five years and are retired. Their home is paid for and worth about $900,000. They live off their retirement and have hardly no bills to pay. John and Mary have always had a homeowners policy to…
The Basics Of Car Insurance
Car insurance basically covers you, your passengers and your car in case of an accident. Many states require you to carry liability coverage in your insurance policy. Liability insurance covers the expenses incurred for the damages for another vehicle with your own if you are at fault. So basically if you are in an accident and you caused the damage,…
Business Entities A Quick Guide
Business entities comes in so many types that business owners can easily get confused. Here’s a quick guide that will hopefully shed a little light on business entities for you. Business Entities “C” Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The shares of the corporation may…
Product Liability And Personal Injury Compensation Claims In The Uk
Product Liability and Personal Injury Compensation Claims in the UK There are strict laws in the UK governing the manufacture and sale of products. If a manufacturer sell a product that is defective and the defects cause injury, loss or damage then that manufacturer is liable to pay compensation. Fortunately, suing a manufacturer for compensation in a product liability case…
Turn Your Small Business Into A Limited Liability Company
More entrepreneurs today are taking steps to protect personal assets and take advantage of a flexible tax structure by forming a Limited Liability Company or LLC. A Limited Liability Company is a legal form of Business Company granted in the United States offering limited liability to its owners. It is similar to a corporation, but a more flexible form of…
What To Look For In A Full Coverage Car Insurance Quote In Florida
It’s possible – especially if you have a good driving record – to get away with purchasing just $10,000 of Personal Injury Protection (PIP) and $10,000 of Property Damage Liability (PDL) insurance and legally drive in the state of Florida. If you’ve been in a crash or if you’ve been convicted of certain other offenses, you may be required to…