Boat insurance for your boat, is basically identical to auto insurance for your car/SUV. You start with Liability Insurance to others, both Bodily Injury and Property Damage. The big difference is that Boat Liability is much cheaper, meaning that most people buy higher limits. Medical Payments on a Boat Policy, is the same as Medical […]
Continue ReadingReinsurers may insure insurance companies but insurance companies “self-insure” or set aside reserves to cover any expected payouts under the policies. How it works: Sometimes insurance companies hold all the risk from underwriting policies. Sometimes insurers buy insurance from reinsurers for part of the risk. Insurers almost never lay off all such risk to others. […]
Continue ReadingIn a digital age most people shop online for auto insurance, however agents like myself can do the shopping for you, we know who has the lowest rates and best coverage options to meet you needs. Some sites provide comparative rating, however working with a dedicated agent is always best.
Continue ReadingYes, Insurance is very intricate and there are many policy exclusions which the ordinary buyer may not be aware of. With that being said brokers have access to many different insurance companies to provide the best fit for your needs and business. The insurance market changes quickly so the broker also knows those changes first […]
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