Purchasing commercial auto insurance may be one of the most important insurance decisions that a business owner makes. Anyone who purchases or uses a vehicle for business use, be it a singular vehicle or multiple vehicles, will have to purchase commercial vehicle insurance. To get the best coverage at the best rate, you should ask yourself a number of key questions before you meet with your insurance broker.
Driving distractions come in many shapes and sizes. Between phone calls, text messages, Internet, television screens, unruly children, and distractions on the road, it is a wonder we ever arrive safely from Point A to Point B.
The National Highway Traffic Safety Administration (NHTSA) reports that nationally, from 2003 to 2006, one out of every eight accidents was a hit-and-run; however, some regions of the country exceeded the national average.
Auto insurance for teenagers has always been expensive, and that will probably never change. It’s common for most parents to add their teen as a named driver to the family auto policy because it is usually the most affordable alternative.
The owner of a commercial building may believe that replacement cost insurance coverage on the building is sufficient to protect her from financial loss. After all, she took the insurance agent’s advice and bought enough insurance to pay for repairing or replacing the building if it were completely destroyed. However, this may be a false sense of security, particularly if the building is an older one. While the building may not have changed greatly over the years, local building codes undoubtedly have. Even codes in effect at the time the building was constructed may affect your insurance coverage.
The National Safety Council reports that significant cervical spine injuries can result from car crashes occurring at speeds as low as 5 miles an hour and that result in little or no damage to the car itself. According to a recent study conducted by the University of Pittsburgh, the risk of injury increases when airbags are deployed during a crash and the driver and passengers aren’t wearing seat belts.
Hidden among the many benefits of electricity are an equal amount of hazards. The valuable resource that makes our lives run so smoothly can be dangerous if not treated with the utmost respect when it comes to safety. It’s estimated that 40,000 residential fires each year are caused by faulty electrical systems or just general misuse of the system.1 Electrical systems become dangerous when circuits are constantly being overloaded. Regularly taxing a circuit can eventually wear it out, causing it to overheat and possibly start an electrical fire.
According to the American Red Cross, 80% of Americans don’t realize that home fires are the single most common disaster in our country. In fact, each year fire kills more U.S. citizens than all other natural disasters combined. However, most people aren’t aware of this because house fires are “silent disasters,” seldom receiving the same publicity as floods, hurricanes and earthquakes.
There are a number of simple preventative measures any business owner can employ to reduce crime. Consider the following tips and suggestions.
Severe weather can produce strong winds that can seriously damage your home and threaten your family’s safety. Unpredictable wind gusts can change direction and speed quickly and threaten the integrity of a building’s structure. During high winds storms, flying debris can prove lethal.