How To Purchase Suitable House Insurance To Get Maximum Benefits?

5 Easy Steps to Buying A House Insurance

To own a house is a dream of lifetime for everybody. It is a lifetime investment; therefore, people are very particular about everything which they wish to have at their new house. To begin with plumbing and electrical wiring, heating and cooling arrangements, selection of boilers and heaters, everything will be given due attention. But, What! Wait! Have you paid equal attention in protecting your house, your dream abode from all natural calamities and theft and other possible dangers? If your answer is no, then it is time for you to pay your attention on purchasing a suitable and appropriate House Insurance that can provide protection from possible lurking dangers in your surroundings. Selecting house insurance is not an easy job. It requires little bit thinking and researching. Follow these tips so that you can narrow down the selection procedure.

• Consider the value of your house.

• Consider the location of your house; it will be very helpful if you are located in high risk areas, where you are prone to floods or earthquakes.

• Consider the type of wiring and plumbing and other important features for which you might require the insurance coverage.

• Know the constraints to buy an insurance policy for fire accident coverage, since some insurance never allow you to buy if there is no fire extinguishing station near your home. 

• Find out whether you can get coverage for all the valuable personal items against burglary. 

When you consider all these things you are going to get effective insurance that can cover and protects you against all possible dangers.

What are The Important Features of Liability Insurance?

Liability insurance is the one which covers the interests of the employees. The liability insurance is created to protect the interests of the employees. For an employer it is a must to purchase such type of liability insurance for their employees. In most of the countries it has already become a mandatory to purchase the Insurance for the safety of employees. If you are in confusion and if you want to know more about this type of insurance, then you can visit the Independent Group Agency, where they will guide you and show how you can go through the selection of suitable insurance policy for you. 

General liability insurance covers all those things that valuable for an employee and it also covers them against injuries and other such incidents from which they will be protected. 

Apart from Liability Insurance one can have the other type of insurance known as Employment practices reliability insurance. This will be very helpful for the people since it will cover a wide spectrum of things like legal fees, and charges that can occur when there is wrong termination, sexual harassment, discrimination, and other such acts of violation of the employee’s rights and it directly comes under the control legal rights. Even though, there are different types of the liability insurance, it is always better to know the details, as this can very tricky type of insurance. You can also find out details about D&O coverage of personal liability coverage under special conditions as stipulated in the policies.

Importance of Homeowners Insurance against Earthquake In California

People, even though, they know the importance sometimes exhibit highest negligence against so many things. Among this house insurance is one of the major issues where negligence may cost them dearly and they cannot recover from potential dangers which will be lurking always in California in the form of earthquakes. They should learn to protect themselves against natural calamities such as earthquake with care and attention. They should consider payment of premium amount is for their safety and for the safety of their family members.

 

Independent Group Agency therefore, suggest house owners to buy suitable insurance against earthquake disasters in California, since there is no secure place in the state where people can live safely without any fear of seismic movement. A package insurance policy is available for the house owners where they can pay premium for all types of coverage under one single policy. However, one should try to compare the rates of the premium against the benefits they are going to get in case of disaster. 

In California, it is mandatory to sell the house insurance with coverage of earthquake insurance. They have a plan where they can cover all the damages through proper insurance policy. California Homeowners Insurance is made to cover all the expenses in case of damage due to earthquake, apart from normal insurance. Consider the property value, resources, valuables you need to protect and the rehabilitation expenses, then owners can decide which type of the insurance they wish to buy in order to protect their property.

The Important Feature You Need To Consider While Buying Home Insurance

Insurance for your Dream Home

When you are buying a new home, or when you are buying a property, buying suitable insurance for that particular property is very important. It is a little bit confusing and tough tasks to go through the task. Since, there are many types of the policies and many types of insurance coverage available for the people to buy; it is a daunting task to go through the procedure. Therefore, homeowners require consulting experts who know everything about Home Insurance. You may consult Independence group Agency to get correct information. 

You should not forget that though this is an important investment to protect your house and valuable things, it is always considered as an essential expenditure that will become a burden if it is not properly planned and executed. It is necessary to avoid undue burden on your monthly budget. 

Consider these facts before you purchase the insurance, whether you require insurance for the building against natural calamities such as earthquakes, tornadoes, hurricanes, floods, or you require insurance against man made calamities such as theft, fire accidents, electrical short circuits and other such things. Therefore, the type of insurance entirely depends upon your decision since you have to pay the monthly premium it is always wise to select something suitable for your property and the surrounding conditions. Above all, you have to consider the insurability of the property such plumbing and wiring of the property and its depreciation value. Before buying know all the pros and cons of the policy and then purchase the policy.

What Type of Car Insurance Do you Require?

Standard Car Insurance

Car insurance is one of the most important and significant type of insurances and it is a must for all the car owners and drivers. Road trips are most common among American citizens and they enjoy long rides and picnics more than anybody across the globe. Apart from enjoying the freedom and long clean, smooth roads, they need to fulfill certain obligations which are a must for all vehicle owners and drivers. They have to buy a suitable insurance policy to cover life risk and to cover the risk against medical treatments if the accident occurs to others due to their fault. Depending upon the requirement people can buy different varieties of the insurance so that they can get suitable protection against accidents. 

If the car owners and drivers are confused, and if they don’t know which type of insurance they need to buy and protect them, they can consult Independent group agency that can provide very good suggestion and comparison list so that you can decide yourself, which is the most suitable business for them. 

Car Insurance protects you against financial loss in the occurrence of accidents or damage occurred due to others negligence act of driving and causing damage to you for no fault of yours, everything calls for suitable car insurance that is very important. You can either buy comprehensive insurance that covers all types of losses that occur due to various reasons, or if you are confident enough you can buy anyone among the available insurance policies.

City Council OKs contract to study Detroit-sponsored car insurance plan

Car Insurance

Detroit City Council has approved a contract for a firm to study whether it's feasible for Detroit to create its own city-sponsored auto insurance company.

Mayor Mike Duggan's office said the $75,000 contract for Bloomington, Ill.-based Pinnacle Actuarial Resources passed 8-0 Tuesday.

Car Insurance rates for Detroit residents are considered among the highest in the nation. Duggan said "the high cost of auto insurance has been one of the key reasons residents have been leaving the city for years."

He has suggested calling the company — if created — D Insurance. It would provide more affordable rates for city residents.

Duggan said during his State of the City address in February that his family's auto insurance rose by more than $3,000 a year after he moved to Detroit from the suburbs.

Source: http://www.crainsdetroit.com/article/20141119/NEWS01/141119758/city-council-oks-contract-to-study-detroit-sponsored-car-insurance

Importance of Earthquake Insurance

Some of the places are extremely prone to earthquakes. Earthquake Insurance provides protection against the property damage caused by the earthquake. It is similar to that of house insurance or that of property insurance. The policyholder pays a premium amount to cover the risk of damages due to earthquake. Some house owners when they buy home insurance think that they need not bother about Earthquake Insurance, but it is important to know if their insurance has the risk coverage for earthquake or not. But it is important to know the basic home insurance policy does not cover the risk of earthquake and they need to buy earthquake insurance policy or they need to pay higher premiums to get earthquake risk coverage. You should take care of risk coverage for repairs or replacement of the damaged property. 

It is always better to know how much risk coverage you are going to get and what type of household materials are covered under this risk coverage. Does all your electronic equipments like TV, Fridge, furniture and clothing are covered under insurance in case of damage. 

What is the cost of these materials? What will be your living expenses in case you have to make alternative arrangements till the repair work completes after earthquake. The estimated cost to rebuild your house, and the mortgage details to repay the loans in case of disaster like earthquake while you have your house rebuilt? All these things will be taken into account when you purchase Insurance for earthquake risk coverage. To know more details about this type of insurance you can log on to www.igainsurance.com.

Different Aspects of Commercial Property Insurance

Commercial Property

What is a commercial property insurance? 

Insurance that protects the policy holder from the perils of fire, earthquake, or any type of natural disasters, and clients who wish to have Commercial Property Insurance include businessmen, manufacturers, service-oriented units, and non-profit organizations. The investment is worth considering the inventory spent on machineries and other infrastructure facilities and these equipments worth millions of dollars, investment in insurance is considered as an appropriate move. 

It is necessary to provide suitable protection to the machineries and infrastructure facilities. The amount of premium paid to the insurance company is considered as their expenses and it is added to the expenses list. 

There are some of the major benefits when manufacturers or business people or commercial property owners purchase the commercial property insurance to protect their property. 

• It will help the property owners to recover the expenses incurred when tenants leave the place without any information to the landlords or property owners.

• The losses in the form of building damage caused by the tenants will be covered under this Insurance.

• When some of the property is carried away by the tenants without informing the landlords or owners, then the loss will be covered by the Insurance. 

• The majority of the companies all the legal costs incurred during the processing of the insurance claims. 

• When you consult the www.igainsurance.com you need not worry about the quote, you can get a free no obligation quote by submitting the property details to the company.

Top 5 ways to Save Money on Auto Insurance

It's a big budget item for you every year - paying for car insurance.

A recent study by nerdwallet.com found most Americans overspend by as much as $360 on car insurance every year.

That's compounded in Florida where we pay some of the highest car insurance rates in the country.

"Insurance is about protecting your assets. To go too cheap means more money out of your pocket," said Lynne McChristian from the Insurance Information Institute.

With the help of McChristian we created a list of the top 5 ways to save on Auto Insurance. Starting with: 

1. Bundle your insurance

Check your homeowners or renters insurance and bundle. That could mean big savings. 

2. Discounts for a garage

Lynn says if you live in a gated community and have a garage, both can mean a discount for you.

3. Not shopping around could cost you

The Consumer Federation of America says some insurance companies will charge you more if you've shown in the past that you're not the type who shops around. They could even do this if you've never caused an accident or been issued a ticket.

4. Don't shop for the lowest payment alone

You can raise the deductible and save up to 40% but be careful.

"You should never take a higher deductible than what you can afford." Even if you're saving money month by month, you would have to shell out more cash if you're in an accident," said McChristian.

5. Talk to your agent at least once a year

-Tell them about any new safety features you have

-Ask if any new discounts are available

-Don't sit around waiting for savings to come to you

"They buy it once and don't want to think about it anymore. But insurance requires you to be an active participant."

About three percent of a Floridians' annual income goes to car insurance. It's already higher in Florida than in most states, so why pay more than you need to?

Source: http://www.wptv.com/homepage-showcase/5-ways-to-save-money-on-auto-insurance

Sometimes, Raising your Car Insurance Deductible Doesn’t Save You Much

Damage Car

Most of us know that if you raise your car insurance deductible, you'll save money. If you get into an accident, you'll pay more out-of-pocket. Depending on what state you live in, though, that cost savings may not be worth the increased risk.

We've given you tips in the past for saving on Car Insurance like skipping comprehensive protection. Another common tip is to raise your deductible. The more risk you take on in the deductible, the less your insurance costs.

Source: http://lifehacker.com/sometimes-raising-your-car-insurance-deductible-doesn-1656116213

New Des Moines bid policy: Is it really needed?

The Des Moines City Council recently approved a taxpayer quality assurance policy. The policy will apply to construction projects that are estimated to cost in excess of $1 million, bid and constructed by the city of Des Moines and funded without state and federal money.

It is not clear why this policy is needed.

The policy supposedly will provide justification for spending more taxpayer dollars on these projects as opposed to awarding the projects to the lowest responsible bidder. It appears this will be justified by stretching the definition of "responsible."

For these projects, the council members will now be thrown into a subjective process of selecting the contractor that will receive the contract. Expanding the definition of "responsible" is a slippery and uncomfortable slope.

The vague reasons cited are far from justifying costing the taxpayers more money and putting the council members in the position of hand picking who will be awarded city contracts.

The only new tool that will be provided to the city is a new questionnaire. It certainly is not close to the scrutiny that is already done by the insurance companies when underwriting whether or not to provide a bond to the contractor. The questionnaire appears to try to determine whether or not the contractor is a union firm. This should not be the primary consideration for awarding contracts on public projects.

The new questionnaire is unnecessary. Bidders on these projects have already been prequalified. With their bid, the contractor includes a bid bond. This is the assurance to the taxpayers that a licensed insurance company has prequalified the bidder. It is a promise that the lowest responsible bidder will provide the bonds to protect the project owner and subcontractors, suppliers and laborers providing services to the project. The insurance company's assets back that promise to the public owner.

Being in the prequalification business, I am familiar with the process a contractor must go through in order to obtain these bonds. Beyond the Contractor Insurance company's own questionnaire, much more information is underwritten and scrutinized. This information includes a thorough review of the contractor's financial performance and financial strength, their other projects on hand, their credit quality, their bank relationship, references from owners of past projects performed, and a review of each owner's personal financial condition.

What does the city gain by adding to this process? There is nothing wrong with the city requiring a questionnaire to be submitted when bidding a city project.

What will create a problem is when the city determines that the award should go to a higher bidder. Not only does this directly conflict with the state laws that require contracts to be let by competitive bidding, but the appearance of, and perhaps in reality, favoritism or cronyism will occur. This would result in a much higher frequency of appeals by prequalified contractors with responsible lower bids, thereby causing delays and increased costs, including legal fees.

As quoted in the article, "The city of Des Moines has built over a half-billion dollars of infrastructure without a major project ending in a litigation stalemate of stopped work and escalating claims." This implies that the current prequalification process is not flawed. What is the City Council trying to fix?

My employer specializes in underwriting and providing these bonds, called surety bonds. For full disclosure, my company and our competitors will charge more premium dollars for bonds on higher bidders because the premium is based on the contract amount. Yet, I disagree with the city's new policy.

Source: http://www.desmoinesregister.com/story/opinion/columnists/iowa-view/2014/11/03/larry-taylor-new-des-moines-bid-policy/18395001/

Rental Car Insurance: The Basics

Safe Car Insurance

When renting a car, combing through the fine print of insurance coverage options can be daunting and, let’s face it, not all that stimulating. It’s not as exciting as choosing between a flashy convertible, a sensible compact or the seven-seat mammoth SUV.

You may ask yourself: Do I even need to buy coverage? Won’t my auto insurance cover an accident? What about those credit card benefits for car rentals?

Before you drive your rental car off the lot or book from a car share service, here are a few basics you need to know.

Do I need to buy additional rental Car Insurance?

You may want to opt into rental car coverage if you don’t have collision coverage or if you don’t have your own auto insurance policy. It’s most beneficial to purchase the rental policy if it doesn’t duplicate the auto coverage you already have.

Rental car insurance can cost up to $50 per day, depending on the level of coverage you choose. There are usually four types of coverage available when you rent a car:

A loss-damage waiver, also known as a collision damage waiver, covers you for liability if a car is damaged while you’re renting it. This coverage usually costs anywhere from $9 to $19 per day, but this varies by state, vehicle and rate. For example, if you purchase a collision damage waiver from Alamo, the cost is around $23.99 per day, while Hertz offers its loss-damage waiver for around $38.95 and a collision damage waiver for $29.95. If you’re using your own insurance, your policy may not cover the full value of the vehicle you’ve rented, so you may need a loss-damage waiver. In addition, without a loss-damage waiver, the auto rental company could charge you for loss of use during repairs as well as any towing charges. If your primary insurer does not cover these, you’ll need the waiver.

Liability coverage encompasses damage to any property as well as medical expenses for passengers in another vehicle if you’re in a collision. Protection is usually capped at $1 million and may cost about $7 to $15 a day. If you use your own insurance, find out how much liability coverage it provides specifically for rentals. If you don’t have an umbrella policy or the rental’s coverage limit is higher, you’ll be safest with the additional liability protection.

Personal accident insurance covers medical costs for you and your passengers in the event of an accident and typically costs around $1 to $5 per day. Even if you already have health insurance, there may be gaps, such as deductibles, that could leave you with higher medical costs after an accident.

Personal effects covers valuables you keep in the car in case of theft and costs about $1 to $4 per day. Even if you have auto insurance, it won’t cover what’s inside the car, so you’ll need extra protection.

What do popular car share services cover?

Popular car share services such as ZipCar, Relay Rides, GetAround and Car2Go each provide members with insurance. If you want additional protection, check with your insurer or car issuer for their policies on car share services.

1. Zipcar is the world’s largest car sharing service, in which members can choose from a variety of vehicles and pick up their booking at designated locations. It offers comprehensive collision coverage and personal injury protection. It also offers liability coverage of $300,000 per accident. Members are responsible for a $750 damage fee per incident, which can be reduced with an optional damage fee waiver.

2. Relay Rides is a peer-to-peer car sharing service available in more than 2,100 cities and 300 airports throughout the United States. It offers three supplemental protection options for renters. The options range from a plan that limits your collision exposure to $500 and gives you $300,000 in liability coverage, to one that offers no vehicle damage protection and only state minimum liability coverage.

3. GetAround is another peer-to-peer car sharing service, available only in the San Francisco Bay Area, San Diego, Austin, Portland and Chicago. It gives renters liability coverage up to the limits carried by the vehicle owner or a combined single limit of three times the state minimum, whichever is greater. The company also offers personal injury protection (in states where it is mandated), comprehensive/collision coverage, supplementary medical payments coverage and uninsured and underinsured motorist coverage (in states where it is mandated).

4. Car2Go is a one-way point-to-point smart car rental service. Unlike ZipCar, it enables its customers to access cars wherever they are parked using a smartphone app. It provides liability insurance, uninsured motorist coverage and collision and comprehensive coverage with varying limits and deductibles, according to state. Personal injury protection is offered on a state-by-state basis.

What does auto insurance typically cover?

If you already have an auto insurance policy, you’re usually covered with a traditional rental too. If you don’t own a car and don’t have car insurance, it’s possible to get non-owners auto insurance. Inquire with your standard insurance provider, such as your homeowners insurer, to see what coverage may be available.

If you do have auto insurance that covers a rental, it likely will provide collision and theft or vandalism coverage. Liability usually works the same in a rental car-related claim as if you were driving your regular car. If an accident does happen, make sure to file your insurance claim just as you would if you were driving your primary vehicle.

Your primary policy will likely not cover loss of use, loss of value or other rental fees. Also, most auto insurers won’t cover an accident if you’re using the car for business purposes or driving overseas. Also, if an accident happens while someone else is driving a car you rented under your name, and that person is not listed on the rental car agreement, your claim may be denied. For example, PEMCO explicitly states unless the driver was listed on the policy—not just given arbitrary “permission”—the company won’t provide coverage. The company also will not cover for business purposes or driving overseas.

What can credit cards cover?

You can also use your credit card for secondary rental insurance—and in some cases for primary—to provide coverage that surpasses what your primary auto insurer or a rental company can offer.

If your card offers rental car insurance, it will usually pay for the costs of damages not covered by your regular car insurance policy. In order to receive coverage under your credit card, you have to book the rental car under your name with a credit card with a matching name. Typically you have to refuse coverage offered by the rental car agency to receive insurance coverage from your credit card.

Here are what the most popular card networks cover:

1. Visa offers rental car insurance on all of their cards, but limits their rental car period to 15 days domestically. It includes physical damage, theft and loss of use. To qualify for loss of use, however, the rental company must prove the fleet is fully utilized, meaning most of its cars are in use. It does not cover injury, property damage, taxes, damage to other vehicles, diminished value or tire wear and tear.

2. MasterCard only offers car rental insurance on Platinum, Gold, World and World Elite cards. The rental period is limited to 31 consecutive days and the maximum coverage is $50,000. MasterCard covers the same events and has the same exclusions as Visa.

3. American Express offers free secondary coverage up to $50,000 on all of its basic cards, which covers physical damage and theft. Platinum card holders can also receive coverage up to $75,000 for car rental loss and damage insurance. Basic coverage does not include diminished value, taxes, wear and tear, property damage or injury. Cardholders must decline full rental car insurance, but can accept partial coverage. It also offers primary coverage for a small fee, which adds on property damage and injury as well as an increased coverage of $100,000.

4. Discover limits its coverage to a few of its cards. Most cover collision damage only up to $25,000, though the Discover Escape card covers up to $50,000. It does not cover theft, any damage not due to a collision or loss of use.

Some cards vary what the issuer will and won’t cover, so make sure to review your card’s rental collision policy or contact your issuer prior to renting. Additionally, card networks may exclude protection for certain vehicles.

To avoid last-minute uncertainty when you’re standing at the rental counter, do your research beforehand about different rental companies. Then consult your own auto policy or contact your credit card issuer to find out what sort of coverage may be available to fill any gaps.

Source: http://www.nerdwallet.com/blog/insurance/2014/10/29/rental-car-insurance-2/

Do You Need To Buy Rental-Car Insurance?

Wheel Insurance Need

However, as you’re signing for the car, the clerk behind the counter asks: “Would you like the added insurance? Otherwise, you’ll be liable for the car.” You freeze, your tired mind wondering what that even means. “I’m insured on this,” you think. But are you? Do you get the added liability coverage or stick with your own insurance? There isn’t one simple answer.

“When you get to that desk, that’s the last place you want to make that decision,” says Steve Kee of the Insurance Bureau of Canada. Kee says that getting as much information about your own insurance before you go to the rental office is key to both protecting yourself and saving money, because the onus lies with the renter to ensure coverage for any claims. Whatever coverage you have is not necessarily the same as that of someone else.

“You want to check your limits and, again, some people’s insurance is fine,” says Kee. “Sometimes [with] a credit card, you need to check what the policy will include; does it include third-party liability? Not every card, not every situation will be the same.”

For example, say you have just basic Car Insurance on an older beater; that’s the coverage you’ll have on the rental if you decline the added agreement. If you have an at-fault accident in the rental, you’re on the hook for repairs to the vehicle or, in a worst-case scenario, the cost of the car at its present-day value. It’s a good bet that rental is newer and more expensive than your car is.

Insurance and liability coverage rates vary not just by company, but also by region. Rates for a car rented in Toronto, regardless of where you drive it, is different than say, in Chicago. That’s because repair costs are different from region to region. As well, some companies have added fees in the event of an accident; National Car Rental, Alamo Rent A Car and Enterprise Rent-A-Car (all owned by the same company) will charge a rental fee for a damaged car for every day it’s in a repair shop. Does your car insurance or credit card cover that? Those fees are waived if you purchase the rental company’s “collision damage waiver” – which is not so much insurance as it is an agreement between renter and the company that says, if the car is damaged or stolen, the renter won’t be liable.

Stephen Menon advocates getting the facts before renting, but his focus is on credit cards. He’s the associate vice-president for consumer card products at Toronto-Dominion Bank.

“Typically, car rental, collision, loss and damage insurance is available on our platinum or premium products, those with annual fees,” says Menon. “You can check online for the terms and conditions for your card ... Or, simply give us a call from the number on the back of your card, or come into a branch, and we can walk you through your coverage.”

Calling is important because, again, there are stipulations on the coverage that you may not think about.

“There are certain countries that are bound to be excluded, for various reasons,” Menon says. “Also, exotic cars may not be covered, so it’s important to check the terms of your card to understand the coverage you have. But with the typical car rental, you should be covered.”

If you need to rent a large van or truck, chances are good your Car Insurance doesn’t cover larger commercial vehicles. U-Haul offers an agreement that not only covers the truck itself but also the contents. It won’t, however, cover a motorized vehicle you may be towing.

Generally, you won’t pay a deductible for rental company coverage, but that’s important to check. And having rental coverage isn’t a free pass to have an accident, either. A serious crash, one that has to be reported to the police, will affect your insurance rates, as it will be reflected on your driving record at renewal time – just as it would if you got a speeding ticket in a rental.

Ultimately, you are responsible for the car you rent, whether you use your own vehicle insurance, credit card or the rental company’s supplementary insurance.

“It’s important for people to make that first call to your insurance company, to find out if everything would be okay,” says Kee. “An extra 10-minute phone call can save you a heck of a lot of frustration.”

Source: http://www.theglobeandmail.com/globe-drive/culture/commuting/do-you-need-to-buy-rental-car-insurance/article21366347/

Mercury General Corporation Announces Agreement to Acquire Workmen's Auto Insurance CompanyAuto Insurance

Auto Insurance

Mercury General Corporation (NYSE-MCY) announced today that it has entered into a definitive agreement for the purchase of Workmen's Auto Insurance Company ("Workmen's"), subject to regulatory approval. The purchase price is $8 million and the transaction is expected to close during the first quarter of 2015.

Workmen's is a Los Angeles based auto insurance company specializing in underwriting non-standard personal Auto Insurance, predominantly in California. At June 30, 2014, Workmen's reported statutory surplus of $9.2 million. Net premiums earned for the year-ended December 31, 2013 were $34.3 million and for the six-month period ended June 30, 2014 were $15.1 million.

Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers in many states. For more information, visit the Company's website at http://www.mercuryinsurance.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained in this press release are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the Company) and are subject to change based upon various factors, including but not limited to the following risks and uncertainties: changes in the demand for the Company's insurance products, inflation and general economic conditions, including general market risks associated with the Company's investment portfolio; the accuracy and adequacy of the Company's pricing methodologies; catastrophes in the markets served by the Company; uncertainties related to estimates, assumptions and projections generally; the possibility that actual loss experience may vary adversely from the actuarial estimates made to determine the Company's loss reserves in general; the Company's ability to obtain and the timing of the approval of premium rate changes for insurance policies issued in states where the Company operates; legislation adverse to the automobile insurance industry or business generally that may be enacted in the states where the Company operates; the Company's success in managing its business in non-California states; the presence of competitors with greater financial resources and the impact of competitive pricing and marketing efforts; changes in driving patterns and loss trends; acts of war and terrorist activities; court decisions and trends in litigation and health care and auto repair costs and marketing efforts; and legal, regulatory and litigation risks. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise. For a more detailed discussion of some of the foregoing risks and uncertainties, see the Company's filings with the Securities and Exchange Commission.

Source: http://www.prnewswire.com/news-releases/mercury-general-corporation-announces-agreement-to-acquire-workmens-auto-insurance-company-435202698.html

California Homeowners Insurance Ideal to meet Additional Expenses during A Disaster

Homeowners Insurance

California Homeowners Insurance protects your house as well as some belongings from any natural or man-made disaster. Usually natural disasters caused by floods, earthquakes, tornados, hurricanes and inadequate maintenance are not covered by this kind of insurance policy. For this, you have to opt for a separate policy.

California Homeowners Insurance is ideal to get financial support during destruction caused by fire, medical help for a guest, or burglary. This insurance policy package helps to save your hard-earned money from getting wasted to meet expenses of buying necessary goods. Many U.S. families do not have much money to spend during an unexpected damage. By going for homeowners insurance, you can easily and tension-freely meet all kinds of additional expenses without using money kept in your bank account.

There may be an accident when a guest falls down and seriously injuries his or her body parts. Medical/health coverage in the California Homeowners Insurance will help you effectively tackle the situation and give the guest the best possible medical attention and care. With this insurance, it will be easier for you to pay the medical bills without any problem.

Stealing of valuables may cost you a fortune. It is thus necessary to opt for homeowners insurance to get financial help at times of a burglary or vandalism caused by unruly kids. Independent Group Agency is a notable organization having the names and contact details of all good insurance companies of California. You can either ask for a free quote or visit their website at Igainsurance.com to find out more about California Homeowners Insurance.

How To Find Best Car Insurance

Accidental Car Insurance

People by and large know the importance of Car Insurance. The only thing they need to decide is what type of insurance they should buy from the companies. Apart from that they need to know the reliability of the company and its capacity to pay the claim. Claim settlement and reliability of the company is very important in any car insurance. People think that they can find everything internet, but the fact is they can get information through the trusted source, and when you browse through the net, you will never know whether the site is reliable or not. Therefore, you need somebody who is experts in the same field, so that you can make your car insurance through a trusted source such as Independent Group Insurance in California. They offer very good advice and guides through comprehensive coverage with affordable premium rates.

The Car Insurance depends upon various factors like age of the car, mileage driven by the car, car model, and the value of the car. When all these things are mentioned in your policy the company will decide how much your car is worth and how much they should be paid in case of accidents and other damages occurred otherwise. Therefore, Car Insurance is a valuated before accepting policy from a customer and by a company. This will be done through a third party. 

Third party estimation is considered as good for both buyer and seller of insurance in order to provide insurance coverage. Therefore, recognized third party estimation in the car loan is another important aspect in car insurance.

How To Get Appropriate Contractors Insurance

Contractors job is a little bit difficult and risk since the job involves many labors and laborious work in the construction field. Often, it may be tough to decide which type of insurance you are going to require. All the contractors in California need to get registered on the California Contractors State License Board. All types of contractors do not require the same type of insurance. Painting contractors may require different type of Contractors Insurance, while construction contractors may require a different type of coverage. It should be decided before taking a policy, which one you need to buy. While general contractors require some other type of insurance. 

Before buying find out the laws concerned with contractor business. Find out the rules and types of coverage you are going to require if you want to run your business. Painting contractors, construction contractors, housekeeping contractors, carpet cleaning contractors, and various contractors need to know their liabilities so that they can continue their work smoothly without any interference and without any financial problems to face when something unwanted happens. The liability of the contractors should be understood very easily. 

It should not be compared with the cost of the project they are undertaking. They should know that 100$s work may some times cost 100,000$s liability. Therefore, contractors should never get confused the insurance amount with their project cost. It is always better to find out with their insurance agent or a reliable company like Independent Group Agency where you can get proper guidance and you can save considerable money along with liability coverage.

What is the purpose of Auto Insurance?

The word auto insurance applies to all vehicle insurance. It is made to protect the drivers along with their drivers. The basic purpose is providing a financial support to the owners of the vehicle in case of any damages occur to their vehicle and injuries to the drivers. The insurance covers all the liabilities that may exist from the time of the accident. In other words then it will help to pay the cost for damages occurred to the car or the passengers travelling in the car. Most of the insurances cover damages that may occur due to natural calamities such as wind, fire and water damage as well.

In most of the states in the country auto insurance is a must and not having proper auto insurance may result in the termination of your driving license. Now the important question is how you can get an auto insurance license. Each state in the country has got its own licensing rules and regulations; therefore it is always better to know the existing rules and regulations in your own state, to escape from any penalties and cancellation of your licenses. To know more details about auto insurance and liabilities in case of a hired vehicle and non owner vehicles readers can visit the web site of the company, www.igainsurance.com, so that they can find out all the required details.

The federal government of USA has allowed all the insurance companies and their brokers or agents or those who are designated to sell the auto insurances and one need not to be an underwriter. They need to know all the laws and regulations concerned with the Auto Insurances. They should know complete information about the insurance policy they are selling to their customers and clients. The companies such as Independent Group Agency working in the California are the insurance specialists and they have got an in depth knowledge over all types of insurance policies they are dealing with.

Auto insurance in case of hired and non owned vehicles liability: Such vehicles should have business to business insurance that covers most of the liabilities that may arise from the rented, leased or non owner vehicle. Such vehicles come under general liability policy. General commercial liability insurance options covers and protects your building, your premises, and also personal injury caused by an accident. It is a basic need and necessity that everybody should have a general liability coverage insurance that can be highly beneficial under some given circumstances.

Nowadays, many companies are offering the Auto insurance and one has to choose the best to get the compensation amount without any problem. Check out the credibility of the insurances and their terms and payments, their speed in the claims settlement and other relevant details so that you can get your due amount in case of an accident done by others or done by you. In either case you need to get suitable financial support through insurance. In general, as soon as a buy a vehicle you will be approached by agents who work for the insurance company. Through such agents you can submit the application forms for to get the insurance suitable to your age and experience.

Why Home Insurance is Important?

Home, sweet home, there is no place like one’s own home. It is a place of relaxation;a place where you can spend your memorable time with your family members. It is a place where you can retire after a day’s long tired work. You can enjoy with your children and wife, experience all the pleasures of life in your home. A house is a place where you store all your valuable belongings. You worked very hard for this house. Then what about protection, how do you want to protect your house. What are the procedures you have followed to protect your house? What have you planned to protect your house, in case of disasters, natural calamities, and destruction of the house due to some unseen accidents? To find out what you can do in such conditions, visit the web portal www.igainsurance.com for details. 

There are so many tnatural disasters that can affect your building such as earthquakes, hurricanes, tornadoes, floods. The best way to protect your house from all the above said dangers, you need to have a very good Insurance coverage for your house. House Insurance plays an important role in all such conditions so that you can get reimbursement immediately.

Your house can be reconstructed to its original condition, in case if it is destroyed due to accidental fire or any other accidents like an earthquake, you should be prepared to reconstruct your house. You know the cost of materials and repairs are soaring high and it is not an easy task to reconstruct the house. Where will you bring money from?If you want to know details about types of Home Insurance and other details like premium payment, different plans rendering various facilities, covering the house insurance with life risk, without life risk, health risk, medical risk cover, every detail can be found in the web site www.igainsurance.com.

Earthquake Insurance To Recover The Damages

For house owners it is important to know that their basic insurance policy does not cover the earthquake damages and they required an exclusive policy to cover earthquake damages. It is quite important to know that for the house owners when they are residing in a seismic prone areas, even though the houses are built to provide seismic protection, to buy a policy to protect their property from the seismic damages is a must. When you purchase an earthquake policy, you can get the reimbursement from the insurance company in case your property gets damaged due to the earthquake. 

Independent Group Agency has a well trained staff and they will explain all coverages to you when you contact them. You can also visit their web portal igainsurance.com for more information. Once you purchase your earthquake insurance policy you are going to get a number of benefits from the policy. You can get protection against all household equipments, and you can replace everything if something happens in the earthquake.

If you have earthquake insurance you are going to get reimbursed for your damages by the quake. If you are uninsured you have to pay everything out of your pocket and it will be very expensive and often it is an unbearable loss to you. Just think that for temporary accommodation how much you have to spend, and how you are going to bear the additional expenses? If you buy earthquake insurance policy, you can escape from all these unwanted expenses, at the cost of simple monthly premiums. This way you can save a significant amount.