February 2005 Archives

Moving?

Make sure you inform your insurance company. Odds are your car insurance rates will change when moving from urban to rural areas (and vice versa). Of course, your home insurance will also be effected.

To claim or not to claim...

If financially possible, it is in your best interest not to make "small" claims. Any claim, no matter how small, has the potential to effect your deductibles, rates and overall insureability.

When it rains, it pours

Liability claims often exceed $1,000,000. Therefore you should consider buying an Umbrella Policy, which increases your liability limit (up to $5,000,000 may be available). It is called an "umbrella" since it covers most of your potential exposures, such as cars, properties, boats and snowmobiles.