(3407,1,'2023-09-01 09:37:52','2023-09-01 09:37:52','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3406,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-72-1024x536.png\" alt=\"\" class=\"wp-image-3406\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Are you approaching retirement, or are you newly retired? In either case, you may be wondering how you can make the most of this next phase in your life. There are fresh opportunities, new challenges, and vital decisions to make before and during retirement, perhaps even new skills to learn.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The key elements to a successful retirement are both practical and emotional, ranging from an adequate income to your relationships with family and friends. You may want to think carefully about some of these elements:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Good physical and mental health</li><li>An adequate income</li><li>Suitable accommodation</li><li>Family and friends</li><li>Personal relationships</li><li>Activities and interests&nbsp;</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Good physical and mental health</strong>&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.agewatch.net/agewatch/assets/images/successful-retire\" alt=\"Phys&amp;ment Activ\" title=\"GoPhy&amp;Men\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Not of all us are lucky enough to enjoy good health as we get older, but there are plenty of things we can do to keep ourselves in good shape and to help cope with ageing, illness or disability. These include eating a healthy diet, such as the Mediterranean diet, and taking up some form of exercise: something you enjoy such as walking, swimming, cycling or dancing. Social activities, such as joining a club, volunteering, or being an active part of the community, can also help to boost your mental wellbeing, especially if you live alone.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are plenty of tips on our website for keeping healthy and for ageing well. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>An adequate income</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.agewatch.net/agewatch/assets/images/successf-retire\" alt=\"Good Income\" title=\"SuccessRetire\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As pension pots are affected by fluctuations in the stock market in response to world events, maintaining an adequate income during retirement has become a significant challenge for many retirees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">With the recent changes to the law on pensions, there are important choices to be made. For instance, should you take money from your pension pot to spend now, or would it be wiser to keep it invested in a pension for later years? This is a crucial choice, so make sure you understand the different options before you make a final decision about how to take your pension. These websites contain a wealth of information and impartial advice:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Pensionwise</strong>, a government service from MoneyHelper, lays out your options clearly. You can also book a free online or phone appointment (0800 138 3944) for personal advice.</li><li><strong>Age UK</strong>’s website also offers valuable guidance on pensions and financial matters, and a pension calculator to help you work out how much money you\'ll need in retirement.</li><li><strong>Age Watch’s</strong> website has an article about staying financially healthy in retirement and details ways in which you can make your income stretch further. </li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Suitable accommodation</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.agewatch.net/agewatch/assets/images/successretir\" alt=\"Accommodation\" title=\"Successf Retire\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re thinking of moving house, think about the pros and cons very carefully before you commit yourself. A life of retirement by the seaside or in a picturesque village is a dream for many, but it is easy to underestimate the emotional impact of leaving your home, family and friends, your social network, and your familiarity with your neighbourhood.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your needs in retirement may change, and you may have to think beyond simply moving into a smaller home or moving to a new location. For instance, you should begin to consider how you would manage in later years. Do you think that in the next few years you might need more help and support to live safely and comfortably? It’s best to start thinking about such possibilities&nbsp;<em>before</em>&nbsp;they become urgent.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Age UK’s comprehensive guide to housing options, titled <em>Different types of housing to suit you</em>, covers all the issues to consider if you are planning to move house later in life.<a href=\"http://www.housingcare.org/downloads/kbase/3103.pdf\"></a></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Family and friends</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.agewatch.net/agewatch/assets/images/success-retir\" alt=\"FA&amp;Fr\" title=\"Famil&amp;Friend\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Another important point to remember if you’re considering retiring and moving away from your current home, is how will you build a new social circle? A 2021 Swedish study suggests that an increase in social leisure activity is related both to fewer symptoms of depression and to better well-being and mental health in older adults, thus contributing to an easier adjustment to a retired life. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><em>Social activities</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether we stay where we are or move to a new area, we’re fortunate in the UK to have a wide range of clubs, societies, voluntary organisations and educational opportunities, all of which provide ways of maintaining or developing new interests, while providing many opportunities to make new friends.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><em>Using technology to stay in touch</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In these days of Skype, Facebook, WhatsApp, FaceTime or similar apps, you can stay in touch with family and friends more easily than ever before. These apps are completely free, and have easy-to-follow illustrated guides online. As they are frequently upgraded to offer additional features, be sure to look out for updates that make them more useful and even easier to use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><em>Learning IT skills</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Age UK has details of computer courses for older beginners, and you may also be able to improve your IT skills at your local library.<a href=\"https://www.ageuk.org.uk/services/in-your-area/it-training/\"><br></a> </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Personal relationships</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.agewatch.net/agewatch/assets/images/successful-retire-2\" alt=\"Personal Relation\" title=\"Success Retir\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While the divorce level is generally declining, the over 65s are bucking this trend, and women are leading the way. Over the ten years from 2005–2015, the number of men divorcing over the age of 65 went up by 23%, while for women there was a 38% rise.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Retirement of one or both of you could have a big impact on your relationship with your partner/spouse. Issues and roles may need to be discussed if you’re going to be home together for most of the week. Other family members may have ideas about your retirement that you don’t share, from elderly parents demanding more attention to your offspring anticipating free child-minding while they’re at work. Issues such as these need discussing so that they don’t become problems later on.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Activities and interests</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><img width=\"476\" height=\"267\" src=\"https://www.agewatch.net/agewatch/assets/images/successful-retire-3\" alt=\"Activity &amp;Interest\"></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">‘Use it or lose it’ seems to have a measure of truth in it, both physically and mentally. There\'s some evidence – though it’s not conclusive – that some commercial brain training programmes can help keep the brain active and healthy in later life. Learning a new language, doing crosswords or starting a new hobby are other ways to keep the brain active as you get older.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There’s also good evidence that physically active people 60 years and over have a reduced risk of all-cause mortality and improved cognitive functioning They also experience a better quality of life. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><em>Social activities</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">We’ve noted the importance of social networks after retirement, and many rewarding activities and interests become even more rewarding when done in the company of others. Try searching the Internet for ‘retirement activities’ or ‘clubs and societies’ with the name of your area. Again, Age UK lists many social activities and events for different areas. Just type your postcode into the Age UK website to see what’s on offer locally.  </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><em>Reading groups and writing clubs</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Most libraries and bookshops have reading groups. Ask at your local library for details of reading groups and writers’ clubs. There are courses of all kinds if learning is your bent: some local authorities still offer a range of courses and there may be a branch of the University of the Third Age (U3A) near you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><em>Volunteering</em></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If practical activities appeal to you, voluntary work is a popular option.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>‘Volunteering Matters’ is an organisation that offers a wide range of opportunities for everyone to use their experience and skills.</li><li>The ‘Do It’ website lists opportunities for volunteering work from animal care to woodworking, and from charity shop assistant to exhibition management. You should be able to find an opportunity that suits you.<strong> </strong></li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Conclusions</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To increase your chances of a successful retirement:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Keep in shape mentally and physically, wherever possible.</li><li>Try to ensure an adequate income and take unbiased money advice when needed.</li><li>Think through the pros and cons of staying where you are or of moving house, including how moving might affect your relationships with family and friends.</li><li>Think through the relationship implications of spending more time at home with a spouse/partner and/or family members if you’re not going out to work.</li><li>Take advantage of the many opportunities to pursue new activities and interests, and think about doing some voluntary work. </li></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.agewatch.net/ageing-why-and-how/tips-for-a-successful-reiremen/\">click here.</a></p>\n<!-- /wp:paragraph -->','Tips for a Successful Retirement','','inherit','closed','closed','','3405-revision-v1','','','2023-09-01 09:37:52','2023-09-01 09:37:52','',3405,'http://smartinsurance.tips/?p=3407',0,'revision','',0);
INSERT INTO `smart_posts` VALUES (3408,1,'2023-09-01 09:53:22','2023-09-01 09:53:22','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">From classic crafting ideas to cozy color schemes, fall foliage and more, this is how to invite warmth, coziness and luxurious layers into your home.</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\":3409,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-73-1024x536.png\" alt=\"\" class=\"wp-image-3409\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While it can be tempting to consider ostentatious fall decor – plenty of pumpkins and various shades of orange – more curated fall decorating ideas will take your space from kitsch to cozy in moments.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Even though many fall decor ideas can be applied to other times of year, there is something remarkably cozy and inviting about new decor additions that counteract the crisp, cold weather outside.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">From outdoor fall decor ideas, to beautiful fall color schemes, we\'ve got fall decorating ideas covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-1-create-a-warming-and-inviting-glow-with-candles\"><strong>1. CREATE A WARMING AND INVITING GLOW WITH CANDLES</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Decorating with the best candles can not only help to make a room feel more warm, inviting and cozy – as well as smell great, they are a wonderfully versatile decorating tool, and can help to add character and style to almost any room in the home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether you give your home a signature scent and use candles to make your house smell like fall, or decorate with pretty candles and candleholders in stylish shapes and in a palette of pretty fall colors – think deep reds and beautiful burnt oranges – never underestimate the decorating versatility of candles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-2-uplift-your-home-with-fall-foliage\"><strong>2. UPLIFT YOUR HOME WITH FALL FOLIAGE</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Nothing quite embodies the changing of the seasons like the changes found amongst nature; from the colors of the leaves on the trees to bright summer blooms being replaced by rich fall foliage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Bringing the beauty of the outdoors indoors with the best winter houseplants and fall flowers and foliage can be a quick and easy way to switch up the look of a room and help make it feel more fall-like. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Interior designer, Tess Twiehaus from Tess Interiors states, \'my favorite thing about fall is watching the leaves change. Bring those rich shades of gold and auburn indoors by gathering branches from your very own neighborhood and putting them on display. Bonus points for a branch that\'s extra large and brings a sculptural element to your decor.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In this cozy corner, the Artificial Nandina Leaf Branch from Aflora makes for an eye-catching design feature in the space; uplifting the area with wonderful natural texture and color – and the branches perfectly complement this room\'s color scheme.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether you opt for fresh fall cuttings, or prefer more enduring artificial blooms, decorating with plants and flowers will always add a stylish finishing touch to a room – as well as enhance our connection to the beauty of the outside world.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-3-consider-your-fall-curb-appeal\"><strong>3. CONSIDER YOUR FALL CURB APPEAL</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your fall wreath ideas need to be given pride of place, which is why they are simply the best for fall front door decor, though we love to see them used above the mantel in a living space or as a table centerpiece in a dining room or kitchen. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall color schemes obviously favor natural shades you would see in nature, so why not create cohesion between your fall porch decor and your yard by making a fall wreath from foliage picked from the yard? </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For an eye-catching front door wreath, group the same type of foliage together to create clear sections.&nbsp;Mix dried foliage, grasses or flowers, with sections of fresh greenery like eucalyptus and fresh herbs such as thyme, sage or rosemary.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Restrict your colors to red, brown and faded greens for a true fall feel, but if bright hues are more to your taste, dried foliage comes in a whole host of bright shades which are perfect for a color-filled version.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-4-warm-up-your-living-room-for-fall\"><strong>4. WARM UP YOUR LIVING ROOM FOR FALL</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall decor doesn\'t need to be a seasonal touch: you can use favorite fall paint colors to warm up cool rooms quickly and easily. Terracotta decor and brown living room ideas are wonderful for fall. This season sees a return to simple, restrained palettes – and being close to nature has moved from greens of the forest to a soft, neutral palette of fossil tones, raw materials and natural elements, such as stone, textures of cotton and linen with soft earthy browns, warm terracotta and clay putty tones as a contrast. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The nuances of brown and terracotta are often underplayed but one look at this living room fall decor shows how complex and interesting the often overlooked shades can be. Deeper than ochre and earthier than gold, this rich yet understated tone strikes a refined note in the living room. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-5-indulge-in-fall-crafts\"><strong>5. INDULGE IN FALL CRAFTS</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There\'s no better time than when the weather is cooler and wetter to indulge in fall craft ideas. While halloween decor ideas will take precedence, with pumpkin carving ideas easily the most popular way to decorate, we love no-carve pumpkin ideas, too, which will allow you to display your pumpkin for the holiday then, just before it starts to soften, repurpose it for the pot. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Picked from the vegetable patch or found in farm shops aplenty, pumpkins, gourds and squashes are a great starting point for creating a seasonal display in the entryway and beyond.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Often associated with Thanksgiving decorating and Halloween celebrations, the humble pumpkin is not just a kitchen staple at this time of year, it is also ideal to display in the home, especially on entrance. Pile them up on a console, sideboard or lone chair for an authentic fall welcome.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-6-max-out-fall-table-decor-for-an-occasion\"><strong>6. MAX OUT FALL TABLE DECOR FOR AN OCCASION</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A celebration at this time of year is the perfect excuse to indulge in fall table decor ideas. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'I love to use colors that really represent nature at this time of year – terracotta to represent the best trees for fall color and bright blue to represent the crisp, sunny morning sky we often have. It\'s a fabulous contrast,\' says Lucy Searle, Editor in Chief, <em>Homes &amp; Gardens</em>. \'This table setting by designer Birdie Fortescue is a perfect example.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-7-warm-up-hard-floors-with-cozy-rugs\"><strong>7. WARM UP HARD FLOORS WITH COZY RUGS</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you can only add one item to your fall decor ideas, an area room rug is an excellent choice.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">One of the easiest ways to add color, warmth and texture to your room this fall is to introduce a versatile –&nbsp;and easily changeable –&nbsp;rug. More flexible than a carpet or other form of fixed floorcovering, rugs and runners offer a fantastic way to soften a hard stone, tiled or timber floor, and can also be layered onto soft floors to provide extra interest or to define zones. &nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And, when it comes to style, it can add a whole layer of personality to any room, even in the kitchen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">‘Think of your kitchen rug as a piece of art for your floor,\' says Linny Moss, creative director of Knots Rugs. \'More people are being adventurous with their rug choices and seeing them as investment pieces that will match beautifully with your existing interiors.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-8-dress-your-thanksgiving-table-to-perfection\"><strong>8. DRESS YOUR THANKSGIVING TABLE TO PERFECTION</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall decor stretch right up to and beyond Thanksgiving, when we start to think about Christmas instead. If you\'re hosting the Thanksgiving feast this year, you likely have a lot on your to-do list, and between carving the turkey and baking the pumpkin (or pecan) pie, setting the table should be high on your priority list.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you are a traditionalist at heart, choose a selection of simple yet timeless Thanksgiving table decorations that you can use every year. A selection of glassware, foliage and candles should be enough to satisfy most of us. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, Thanksgiving often calls for plenty of seasonal color –&nbsp;think burnt orange, mustard yellows and a warming taupe palette. If you really want to stay true to tradition, a pinecone fall table centerpiece is a must – and why not throw in a gourd or two.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-9-decorate-a-fall-mantel-to-impress\"><strong>9. DECORATE A FALL MANTEL TO IMPRESS</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While we\'re big fan of fall trends, the very best fall decor ideas are inspired by nature. Look to the best plants for fall color and fall flowers for ideas for your fall mantel ideas and wreaths, but don\'t be afraid to choose dried arrangements that can be carefully packed away after the season and reused or even repurposed with the addition of fresh flowers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'How do I prepare my home for fall?\' asks Rachel Crow, <em>Homes &amp; Gardens</em>\' gardens editor. \'I always look into my yard and see what I can bring indoors to decorate mantels, tables, vases and wreaths. And obviously, as a garden enthusiast, I ensure my fall planter ideas indoors and out are fabulous.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-10-gather-around-an-outdoor-fire-pit\"><strong>10. GATHER AROUND AN OUTDOOR FIRE PIT</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Let the good times roll with outdoor fireplace ideas and backyard fire pit ideas that will keep everyone cozy outside even when the temperature drops.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Setting up an enclosed seating area around a fire pit, log-burning brazier or chiminea is a tried-and-tested way of adding the cozy factor to your fall decor this fall. As well as warmth, the fire will add extra light and can be used for seasonal treats, such as toasting marshmallows or warming mulled wine.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It might seem rather ambitious, but with the heat of an outdoor fire pit, you can start to enjoy your backyard all year round. &nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-11-hibernate-at-home-in-a-cozy-living-space\"><strong>11. HIBERNATE AT HOME IN A COZY LIVING SPACE</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Cozy living room ideas are pretty much top of most people\'s lists at the moment – for obvious reasons, when you consider that the most used space in a home is the living space. Fall decor ideas should be functional and, above all, comfortable – particularly if all you crave is a soothing space to unwind in at the end of a busy day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'Flexibility is key – eclectic furniture and notable accessories not only make your home more welcoming, they\'re a great way to express your personality,\' says Sam Baldry, head of design at Swoon.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">‘We’re seeing a lot more terracotta, clay and rust colors coming through this fall,’ explains Charlie Marshall, founder of Loaf. \' These tones are ideally suited to a country setting, and can be softened with neutral off-white living room paint ideas as a backdrop.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-12-warm-up-with-hot-shades\"><strong>12. WARM UP WITH HOT SHADES</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In a cool bedroom –&nbsp;or one that you want to feel warm and welcoming – red is a great choice.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'Red has become enduringly popular lately – and is a very stimulating shade. In this palette, it also represents the moment during exercising when you are at the top of your game,\' according to trend forecasters, TrendBook. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'This bedroom color idea was inspired by the already evident success of orange. It is the extroverted color for the fall season, and when paired with green – the color of tranquility – it represents the full cycle of the season.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall bedding trends needn\'t be overwhelmingly themed, either: \'A cooler accent shade is important in a bedroom,\' says Jo Bailey, <em>Homes &amp; Gardens</em>\' resident style expert. \'I like pale blue or crisp white. Both are relaxing and calming, and allow the room to \"breathe\".\'</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.homesandgardens.com/ideas/fall-decor-ideas\">click here.</a></p>\n<!-- /wp:paragraph -->','Fall Decor Ideas – 12 Ways to Embrace the Season','','publish','closed','closed','','fall-decor-ideas-12-ways-to-embrace-the-season','','','2023-09-01 09:53:22','2023-09-01 09:53:22','',0,'http://smartinsurance.tips/?p=3408',0,'post','',0),(3409,1,'2023-09-01 09:40:01','2023-09-01 09:40:01','','My-project-1-73','','inherit','closed','closed','','my-project-1-73','','','2023-09-01 09:40:01','2023-09-01 09:40:01','',3408,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-73.png',0,'attachment','image/png',0),(3410,1,'2023-09-01 09:53:22','2023-09-01 09:53:22','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">From classic crafting ideas to cozy color schemes, fall foliage and more, this is how to invite warmth, coziness and luxurious layers into your home.</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\":3409,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-73-1024x536.png\" alt=\"\" class=\"wp-image-3409\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While it can be tempting to consider ostentatious fall decor – plenty of pumpkins and various shades of orange – more curated fall decorating ideas will take your space from kitsch to cozy in moments.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Even though many fall decor ideas can be applied to other times of year, there is something remarkably cozy and inviting about new decor additions that counteract the crisp, cold weather outside.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">From outdoor fall decor ideas, to beautiful fall color schemes, we\'ve got fall decorating ideas covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-1-create-a-warming-and-inviting-glow-with-candles\"><strong>1. CREATE A WARMING AND INVITING GLOW WITH CANDLES</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Decorating with the best candles can not only help to make a room feel more warm, inviting and cozy – as well as smell great, they are a wonderfully versatile decorating tool, and can help to add character and style to almost any room in the home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether you give your home a signature scent and use candles to make your house smell like fall, or decorate with pretty candles and candleholders in stylish shapes and in a palette of pretty fall colors – think deep reds and beautiful burnt oranges – never underestimate the decorating versatility of candles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-2-uplift-your-home-with-fall-foliage\"><strong>2. UPLIFT YOUR HOME WITH FALL FOLIAGE</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Nothing quite embodies the changing of the seasons like the changes found amongst nature; from the colors of the leaves on the trees to bright summer blooms being replaced by rich fall foliage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Bringing the beauty of the outdoors indoors with the best winter houseplants and fall flowers and foliage can be a quick and easy way to switch up the look of a room and help make it feel more fall-like. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Interior designer, Tess Twiehaus from Tess Interiors states, \'my favorite thing about fall is watching the leaves change. Bring those rich shades of gold and auburn indoors by gathering branches from your very own neighborhood and putting them on display. Bonus points for a branch that\'s extra large and brings a sculptural element to your decor.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In this cozy corner, the Artificial Nandina Leaf Branch from Aflora makes for an eye-catching design feature in the space; uplifting the area with wonderful natural texture and color – and the branches perfectly complement this room\'s color scheme.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether you opt for fresh fall cuttings, or prefer more enduring artificial blooms, decorating with plants and flowers will always add a stylish finishing touch to a room – as well as enhance our connection to the beauty of the outside world.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-3-consider-your-fall-curb-appeal\"><strong>3. CONSIDER YOUR FALL CURB APPEAL</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your fall wreath ideas need to be given pride of place, which is why they are simply the best for fall front door decor, though we love to see them used above the mantel in a living space or as a table centerpiece in a dining room or kitchen. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall color schemes obviously favor natural shades you would see in nature, so why not create cohesion between your fall porch decor and your yard by making a fall wreath from foliage picked from the yard? </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For an eye-catching front door wreath, group the same type of foliage together to create clear sections.&nbsp;Mix dried foliage, grasses or flowers, with sections of fresh greenery like eucalyptus and fresh herbs such as thyme, sage or rosemary.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Restrict your colors to red, brown and faded greens for a true fall feel, but if bright hues are more to your taste, dried foliage comes in a whole host of bright shades which are perfect for a color-filled version.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-4-warm-up-your-living-room-for-fall\"><strong>4. WARM UP YOUR LIVING ROOM FOR FALL</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall decor doesn\'t need to be a seasonal touch: you can use favorite fall paint colors to warm up cool rooms quickly and easily. Terracotta decor and brown living room ideas are wonderful for fall. This season sees a return to simple, restrained palettes – and being close to nature has moved from greens of the forest to a soft, neutral palette of fossil tones, raw materials and natural elements, such as stone, textures of cotton and linen with soft earthy browns, warm terracotta and clay putty tones as a contrast. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The nuances of brown and terracotta are often underplayed but one look at this living room fall decor shows how complex and interesting the often overlooked shades can be. Deeper than ochre and earthier than gold, this rich yet understated tone strikes a refined note in the living room. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-5-indulge-in-fall-crafts\"><strong>5. INDULGE IN FALL CRAFTS</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There\'s no better time than when the weather is cooler and wetter to indulge in fall craft ideas. While halloween decor ideas will take precedence, with pumpkin carving ideas easily the most popular way to decorate, we love no-carve pumpkin ideas, too, which will allow you to display your pumpkin for the holiday then, just before it starts to soften, repurpose it for the pot. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Picked from the vegetable patch or found in farm shops aplenty, pumpkins, gourds and squashes are a great starting point for creating a seasonal display in the entryway and beyond.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Often associated with Thanksgiving decorating and Halloween celebrations, the humble pumpkin is not just a kitchen staple at this time of year, it is also ideal to display in the home, especially on entrance. Pile them up on a console, sideboard or lone chair for an authentic fall welcome.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-6-max-out-fall-table-decor-for-an-occasion\"><strong>6. MAX OUT FALL TABLE DECOR FOR AN OCCASION</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A celebration at this time of year is the perfect excuse to indulge in fall table decor ideas. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'I love to use colors that really represent nature at this time of year – terracotta to represent the best trees for fall color and bright blue to represent the crisp, sunny morning sky we often have. It\'s a fabulous contrast,\' says Lucy Searle, Editor in Chief, <em>Homes &amp; Gardens</em>. \'This table setting by designer Birdie Fortescue is a perfect example.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-7-warm-up-hard-floors-with-cozy-rugs\"><strong>7. WARM UP HARD FLOORS WITH COZY RUGS</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you can only add one item to your fall decor ideas, an area room rug is an excellent choice.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">One of the easiest ways to add color, warmth and texture to your room this fall is to introduce a versatile –&nbsp;and easily changeable –&nbsp;rug. More flexible than a carpet or other form of fixed floorcovering, rugs and runners offer a fantastic way to soften a hard stone, tiled or timber floor, and can also be layered onto soft floors to provide extra interest or to define zones. &nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And, when it comes to style, it can add a whole layer of personality to any room, even in the kitchen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">‘Think of your kitchen rug as a piece of art for your floor,\' says Linny Moss, creative director of Knots Rugs. \'More people are being adventurous with their rug choices and seeing them as investment pieces that will match beautifully with your existing interiors.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-8-dress-your-thanksgiving-table-to-perfection\"><strong>8. DRESS YOUR THANKSGIVING TABLE TO PERFECTION</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall decor stretch right up to and beyond Thanksgiving, when we start to think about Christmas instead. If you\'re hosting the Thanksgiving feast this year, you likely have a lot on your to-do list, and between carving the turkey and baking the pumpkin (or pecan) pie, setting the table should be high on your priority list.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you are a traditionalist at heart, choose a selection of simple yet timeless Thanksgiving table decorations that you can use every year. A selection of glassware, foliage and candles should be enough to satisfy most of us. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, Thanksgiving often calls for plenty of seasonal color –&nbsp;think burnt orange, mustard yellows and a warming taupe palette. If you really want to stay true to tradition, a pinecone fall table centerpiece is a must – and why not throw in a gourd or two.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-9-decorate-a-fall-mantel-to-impress\"><strong>9. DECORATE A FALL MANTEL TO IMPRESS</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While we\'re big fan of fall trends, the very best fall decor ideas are inspired by nature. Look to the best plants for fall color and fall flowers for ideas for your fall mantel ideas and wreaths, but don\'t be afraid to choose dried arrangements that can be carefully packed away after the season and reused or even repurposed with the addition of fresh flowers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'How do I prepare my home for fall?\' asks Rachel Crow, <em>Homes &amp; Gardens</em>\' gardens editor. \'I always look into my yard and see what I can bring indoors to decorate mantels, tables, vases and wreaths. And obviously, as a garden enthusiast, I ensure my fall planter ideas indoors and out are fabulous.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-10-gather-around-an-outdoor-fire-pit\"><strong>10. GATHER AROUND AN OUTDOOR FIRE PIT</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Let the good times roll with outdoor fireplace ideas and backyard fire pit ideas that will keep everyone cozy outside even when the temperature drops.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Setting up an enclosed seating area around a fire pit, log-burning brazier or chiminea is a tried-and-tested way of adding the cozy factor to your fall decor this fall. As well as warmth, the fire will add extra light and can be used for seasonal treats, such as toasting marshmallows or warming mulled wine.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It might seem rather ambitious, but with the heat of an outdoor fire pit, you can start to enjoy your backyard all year round. &nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-11-hibernate-at-home-in-a-cozy-living-space\"><strong>11. HIBERNATE AT HOME IN A COZY LIVING SPACE</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Cozy living room ideas are pretty much top of most people\'s lists at the moment – for obvious reasons, when you consider that the most used space in a home is the living space. Fall decor ideas should be functional and, above all, comfortable – particularly if all you crave is a soothing space to unwind in at the end of a busy day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'Flexibility is key – eclectic furniture and notable accessories not only make your home more welcoming, they\'re a great way to express your personality,\' says Sam Baldry, head of design at Swoon.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">‘We’re seeing a lot more terracotta, clay and rust colors coming through this fall,’ explains Charlie Marshall, founder of Loaf. \' These tones are ideally suited to a country setting, and can be softened with neutral off-white living room paint ideas as a backdrop.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"section-12-warm-up-with-hot-shades\"><strong>12. WARM UP WITH HOT SHADES</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In a cool bedroom –&nbsp;or one that you want to feel warm and welcoming – red is a great choice.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'Red has become enduringly popular lately – and is a very stimulating shade. In this palette, it also represents the moment during exercising when you are at the top of your game,\' according to trend forecasters, TrendBook. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\'This bedroom color idea was inspired by the already evident success of orange. It is the extroverted color for the fall season, and when paired with green – the color of tranquility – it represents the full cycle of the season.\'</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fall bedding trends needn\'t be overwhelmingly themed, either: \'A cooler accent shade is important in a bedroom,\' says Jo Bailey, <em>Homes &amp; Gardens</em>\' resident style expert. \'I like pale blue or crisp white. Both are relaxing and calming, and allow the room to \"breathe\".\'</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.homesandgardens.com/ideas/fall-decor-ideas\">click here.</a></p>\n<!-- /wp:paragraph -->','Fall Decor Ideas – 12 Ways to Embrace the Season','','inherit','closed','closed','','3408-revision-v1','','','2023-09-01 09:53:22','2023-09-01 09:53:22','',3408,'http://smartinsurance.tips/?p=3410',0,'revision','',0),(3411,1,'2023-09-01 10:59:07','2023-09-01 10:59:07','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Network security for small businesses is particularly crucial. Follow these seven important cybersecurity tips.</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\":3412,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-40-1024x536.png\" alt=\"\" class=\"wp-image-3412\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Cyberattacks like the 2017 Equifax data breach put the personal data of millions at risk. Small businesses, with less security protection and fewer resources dedicated to cybersecurity compared with larger corporations, are an easier target for hackers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Small businesses face an average annual cost of $34,604 on cyber-related incidents, and only 52% of small businesses have a strategy around cybersecurity, according to a 2018 report by Hiscox, an insurance provider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here\'s information on cyberattacks, and seven tips to protect your small business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What is a cyberattack?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A cyberattack is an unauthorized attempt to expose, destroy or access your data. Forty-seven percent of small businesses suffered at least one cyberattack in the past year, according to the Hiscox report.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are three common types of cyberattacks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Malware: </strong>Short for \"malicious software,\" malware acts against the intent of the user, and can come in the form of a virus, Trojan horse or worm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Ransomware is a form of malware that demands money to avoid a negative consequence, such as permanently deleting your data or publishing it publicly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Phishing: </strong>This is when scammers send fraudulent emails or text messages that may look like they’re from a reputable company, like your bank or credit card provider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Phishing scams often tell you to click a link or open an attachment, and can then steal sensitive data, such as your credit card or website login information.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Man-in-the-middle attack: </strong>This type of attack happens when scammers secretly intercept communication between two parties to steal login credentials or account details.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Man-in-the-middle attacks can occur in areas with free public Wi-Fi hot spots, as scammers may set up fake Wi-Fi connections with names that sound similar to a nearby business. Once you’ve connected to the scammer’s Wi-Fi, they can monitor your online activities and steal your personal information, according to Symantec Corporation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How to protect your small business from cyberattacks</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Get educated</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">National Cyber Security Awareness Month (NCSAM), held every October, raises awareness about the importance of cybersecurity. The NCSAM toolkit offers tips and resources to protect against cybersecurity threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The SBA also offers a self-guided online course in cybersecurity basics.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Create a cybersecurity plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your cybersecurity plan should include an employee training program and an incident response plan. The first step to securing your network is to make sure your employees understand security policies and procedures.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Training shouldn’t be a one-and-done deal; schedule yearly or semi-yearly refresher courses to keep security top of mind. Help your employees understand the importance of updating their software, adopting security best practices and knowing what to do if they identify a possible security breach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The faster you act in the face of a cyberattack, the better you’ll be able to mitigate the damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An <strong>incident response plan</strong> will have crucial information such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Whom to contact.</li><li>Where data and data backups are stored.</li><li>When to contact law enforcement or the public about a breach.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Federal Communications Commission offers a cyberplanner to help small-business owners create a plan to protect their business. (You can generate a customized plan at the bottom of the page after you create it.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Be smart about passwords</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The National Institute of Standards and Technology (NIST) advises government agencies on password best practices. According to the organization’s Digital Identity Guidelines, NIST recommends passwords be at least eight characters long and notes that length is more beneficial than complexity. Allow your employees to create long, unique passwords that are easy for them to remember.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you deal with highly sensitive data, you may want to require multifactor authentication, which requires users to present at least two identifying factors, like a password and a code, before gaining access to systems or programs. Think of it like an ATM, which requires a combination of a bank card and a PIN to access funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Increase your email security</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Nearly half of all malicious email attachments come from office files, according to Symantec’s 2019 Internet Security Threat Report.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Basic email safety precautions, like not opening suspicious attachments or links, are a first step that can be covered in your employee training plan. If you deal with clients’ personal data, you can also encrypt documents so both the sender and the recipient need a passcode to open it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. Use a firewall and antivirus software</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A firewall acts as a digital shield, preventing malicious software or traffic from reaching your network. There are many kinds of firewalls, but they fall into two broad categories: hardware or software.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some firewalls also have virus-scanning capabilities. If yours doesn’t, be sure to also install antivirus software that scans your computer to identify and remove any malware that has made it through your firewall. It can help you control a data breach more efficiently by alerting you to an issue, instead of your having to search for the problem after something goes wrong.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Secure your Wi-Fi network</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Wi-Fi equipment is not secure when you first buy it. Your device comes with a default password, but make sure your network is encrypted with your own, unique password. Your router will likely allow you to choose from multiple kinds of passwords; one of the most secure is a Wi-Fi Protected Access II (WPA2) code.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You’ll also want to hide your network, meaning the router does not broadcast the network name. If customers or clients will need access to Wi-Fi, you can set up a “guest” account that has a different password and security measures, which prevents them from having access to your main network.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Protect your payment processors</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s crucial to work with your bank or payment processor to ensure that you’ve installed any and all software updates. The more complex your payment system, the harder it will be to secure, but the Payment Card Industry Security Standards Council offers a guide to help you identify the system you use and how to protect 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.nerdwallet.com/article/small-business/network-security-for-business?trk=hub_latest_content&amp;trk_channel=web&amp;trk_copy=7%20Tips%20to%20Protect%20Your%20Small%20Business%20From%20Cyberattacks&amp;trk_element=hyperlink&amp;trk_elementPosition=2&amp;trk_location=LatestPosts&amp;trk_sectionCategory=hub_latest_content\">click here.</a></p>\n<!-- /wp:paragraph -->','7 Tips to Protect Your Small Business From Cyberattacks','','publish','closed','closed','','7-tips-to-protect-your-small-business-from-cyberattacks','','','2023-09-01 10:59:07','2023-09-01 10:59:07','',0,'http://smartinsurance.tips/?p=3411',0,'post','',0),(3412,1,'2023-09-01 09:54:57','2023-09-01 09:54:57','','My-project-1-40','','inherit','closed','closed','','my-project-1-40-2','','','2023-09-01 09:54:57','2023-09-01 09:54:57','',3411,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-40.png',0,'attachment','image/png',0),(3413,1,'2023-09-01 10:59:07','2023-09-01 10:59:07','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Network security for small businesses is particularly crucial. Follow these seven important cybersecurity tips.</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\":3412,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-40-1024x536.png\" alt=\"\" class=\"wp-image-3412\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Cyberattacks like the 2017 Equifax data breach put the personal data of millions at risk. Small businesses, with less security protection and fewer resources dedicated to cybersecurity compared with larger corporations, are an easier target for hackers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Small businesses face an average annual cost of $34,604 on cyber-related incidents, and only 52% of small businesses have a strategy around cybersecurity, according to a 2018 report by Hiscox, an insurance provider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here\'s information on cyberattacks, and seven tips to protect your small business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What is a cyberattack?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A cyberattack is an unauthorized attempt to expose, destroy or access your data. Forty-seven percent of small businesses suffered at least one cyberattack in the past year, according to the Hiscox report.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are three common types of cyberattacks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Malware: </strong>Short for \"malicious software,\" malware acts against the intent of the user, and can come in the form of a virus, Trojan horse or worm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Ransomware is a form of malware that demands money to avoid a negative consequence, such as permanently deleting your data or publishing it publicly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Phishing: </strong>This is when scammers send fraudulent emails or text messages that may look like they’re from a reputable company, like your bank or credit card provider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Phishing scams often tell you to click a link or open an attachment, and can then steal sensitive data, such as your credit card or website login information.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Man-in-the-middle attack: </strong>This type of attack happens when scammers secretly intercept communication between two parties to steal login credentials or account details.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Man-in-the-middle attacks can occur in areas with free public Wi-Fi hot spots, as scammers may set up fake Wi-Fi connections with names that sound similar to a nearby business. Once you’ve connected to the scammer’s Wi-Fi, they can monitor your online activities and steal your personal information, according to Symantec Corporation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How to protect your small business from cyberattacks</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Get educated</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">National Cyber Security Awareness Month (NCSAM), held every October, raises awareness about the importance of cybersecurity. The NCSAM toolkit offers tips and resources to protect against cybersecurity threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The SBA also offers a self-guided online course in cybersecurity basics.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Create a cybersecurity plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your cybersecurity plan should include an employee training program and an incident response plan. The first step to securing your network is to make sure your employees understand security policies and procedures.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Training shouldn’t be a one-and-done deal; schedule yearly or semi-yearly refresher courses to keep security top of mind. Help your employees understand the importance of updating their software, adopting security best practices and knowing what to do if they identify a possible security breach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The faster you act in the face of a cyberattack, the better you’ll be able to mitigate the damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An <strong>incident response plan</strong> will have crucial information such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Whom to contact.</li><li>Where data and data backups are stored.</li><li>When to contact law enforcement or the public about a breach.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Federal Communications Commission offers a cyberplanner to help small-business owners create a plan to protect their business. (You can generate a customized plan at the bottom of the page after you create it.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Be smart about passwords</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The National Institute of Standards and Technology (NIST) advises government agencies on password best practices. According to the organization’s Digital Identity Guidelines, NIST recommends passwords be at least eight characters long and notes that length is more beneficial than complexity. Allow your employees to create long, unique passwords that are easy for them to remember.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you deal with highly sensitive data, you may want to require multifactor authentication, which requires users to present at least two identifying factors, like a password and a code, before gaining access to systems or programs. Think of it like an ATM, which requires a combination of a bank card and a PIN to access funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Increase your email security</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Nearly half of all malicious email attachments come from office files, according to Symantec’s 2019 Internet Security Threat Report.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Basic email safety precautions, like not opening suspicious attachments or links, are a first step that can be covered in your employee training plan. If you deal with clients’ personal data, you can also encrypt documents so both the sender and the recipient need a passcode to open it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. Use a firewall and antivirus software</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A firewall acts as a digital shield, preventing malicious software or traffic from reaching your network. There are many kinds of firewalls, but they fall into two broad categories: hardware or software.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some firewalls also have virus-scanning capabilities. If yours doesn’t, be sure to also install antivirus software that scans your computer to identify and remove any malware that has made it through your firewall. It can help you control a data breach more efficiently by alerting you to an issue, instead of your having to search for the problem after something goes wrong.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Secure your Wi-Fi network</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Wi-Fi equipment is not secure when you first buy it. Your device comes with a default password, but make sure your network is encrypted with your own, unique password. Your router will likely allow you to choose from multiple kinds of passwords; one of the most secure is a Wi-Fi Protected Access II (WPA2) code.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You’ll also want to hide your network, meaning the router does not broadcast the network name. If customers or clients will need access to Wi-Fi, you can set up a “guest” account that has a different password and security measures, which prevents them from having access to your main network.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Protect your payment processors</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s crucial to work with your bank or payment processor to ensure that you’ve installed any and all software updates. The more complex your payment system, the harder it will be to secure, but the Payment Card Industry Security Standards Council offers a guide to help you identify the system you use and how to protect 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.nerdwallet.com/article/small-business/network-security-for-business?trk=hub_latest_content&amp;trk_channel=web&amp;trk_copy=7%20Tips%20to%20Protect%20Your%20Small%20Business%20From%20Cyberattacks&amp;trk_element=hyperlink&amp;trk_elementPosition=2&amp;trk_location=LatestPosts&amp;trk_sectionCategory=hub_latest_content\">click here.</a></p>\n<!-- /wp:paragraph -->','7 Tips to Protect Your Small Business From Cyberattacks','','inherit','closed','closed','','3411-revision-v1','','','2023-09-01 10:59:07','2023-09-01 10:59:07','',3411,'http://smartinsurance.tips/?p=3413',0,'revision','',0),(3414,1,'2023-09-01 11:03:25','2023-09-01 11:03:25','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3415,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-76-1024x536.png\" alt=\"\" class=\"wp-image-3415\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Over recent years, the prevailing theme for many work cultures has been adaptability. Companies are looking for adaptable people, and career hopefuls are looking for flexible and adaptable work environments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Adaptability is essential but not enough to cultivate leadership growth or guarantee organizational success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When we talk about strong leaders, we imagine someone who embodies the qualities that people find trustworthy and genuine as well as someone who is skilled at managing other people. One skill that doesn’t come as quickly to the forefront of our minds is the ability of leaders to manage themselves.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re a leader, how skilled are you at managing yourself and your mindset? How does self-leadership inform your current leadership strategy?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Understanding Self-Leadership</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Self-leadership, the practice of leading oneself, is more complex than the concept might imply. Whereas adaptability is necessary for survival, self-leaders continue thriving on the other side.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In other words, self-leaders can bounce back from a bad situation without bringing any negativity with them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your company is no longer in a period of day-to-day survival, then it’s time for a temperature check. Is your organization’s vision to prepare leaders for adaptability or long-term growth?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The truth is self-leaders are already adaptable leaders because they can see the bigger picture better, even during immediate challenges. Here are 3 crucial self-leadership traits that every management team should embody:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Invests in upskilling both tactical and interpersonal skills</strong>. What tools does your organization provide to help improve the growth of your employees’, including their emotional intelligence? There are numerous cost-effective ways for leaders to enhance how they show up for others and themselves. Even simply carving out dedicated time for honest dialogue, even during busy seasons, speaks volumes. Leaders should also invest time and resources into finding tangible resources, like assessments and development training.</li><li><strong>Incorporates self-knowledge into their leadership practices</strong>. Everyone has varying levels of self-awareness. People with a healthy amount of self-awareness can evaluate their own behaviors in relation to others and adjust their behaviors and attitudes accordingly. This involves consistent introspection, which can be uncomfortable but is necessary for leaders to develop a strategy that gets everyone on the same page.</li><li><strong>Effectively manages their own mindset by self-coaching</strong>. Effective leaders look to cause the least harm in every situation. When leaders are struggling to overcome their own challenges, it’s because they aren’t doing enough self-coaching through the process—especially as they might with a colleague or employee. Sometimes, it can be as simple as gently guiding yourself through a confusing dilemma and learning how to reframe your mindset first before attempting to coach others.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Developing Self-Leadership Strategies Starts with Mindset</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For several reasons, today’s corporate leadership struggles to model strategic planning around self-leadership. Economic instability is an immediate roadblock for any executive hoping to invest in leadership training. And even strong leaders sometimes lack confidence in their own decision-making skills.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Traditionally, the idea of leadership hinges upon a top-down model of one person in charge of another. Managers are naturally conditioned to view their position similarly within the same hierarchy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Developing a self-leadership strategy begins with adjusting your mindset. Ask yourself the following questions to evaluate the current state of your leadership mentality, and answer them in your own words:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>What actions and outcomes am I most responsible for in my team?</strong>&nbsp;If the buck stops with you, what hesitations or uncertainties crop up for you?</li><li><strong>Where do I need support?&nbsp;</strong>Be specific when defining what help you need and from whom. What are the steps you need to take to access support?</li><li><strong>How much of the past informs my current decisions?&nbsp;</strong>What negative thought patterns are you inadvertently bringing to your day-to-day?</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once you’ve recognized and acknowledged your leadership mindset, you can challenge and reframe self-limiting beliefs or negative-thought patterns that impede your performance as a self-leader. How can you reframe a mental obstacle so that you can learn from past experiences and make them contribute positively to your decision-making?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>The Framework for Developing Self-Leadership Strategies</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Assessment:&nbsp;</strong>Encourage leaders, managers, and employees to engage in self-assessments in order to evaluate strengths, weaknesses, and areas needing more work. The goal is for everyone to understand their leadership style and to be aware of the value they bring to the company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Vision:&nbsp;</strong>Promote self-leadership by defining your leadership vision. This involves identifying your values, goals, and the type of self-leader you aspire to be. Seek to find ways in which your personal goals and values align with your professional goals and values.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Organizational Needs:&nbsp;</strong>Self-leaders not only understand the organizational needs, but they align their own goals and skills with that vision. Identify how you contribute to the company’s strategic vision and what steps you can take to help foster the big-picture.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Leadership Competencies:&nbsp;</strong>Based on organizational needs, define the core competencies that a leader within that organization should possess to be successful. Self-leadership involves knowing your competitive advantages and knowing how to leverage them so that you can contribute more intentionally to the mission. Evaluate yourself against the identified competencies and skill gaps, creating personalized development plans for each.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Self-Leadership Development:&nbsp;</strong>Remember that self-leadership promotes tactical or technical skills and interpersonal skills. Provide training and development programs like workshops, mentorships, and other continuous learning opportunities not only for yourself but also your team.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Self-Leadership Culture:&nbsp;</strong>Create and maintain a work culture that values self-leadership, and not just with your leaders. Make sure your work environment is one of trust and collaboration. Employees, even those without leadership titles, should feel empowered to be self-leaders; companies should be prepared to recognize and reward self-leadership behaviors that align with the overall mission.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Lead by Example:&nbsp;</strong>More importantly, a self-leadership culture is one in which authority leads by example: executives should model what they expect from management teams, and managers should model what they expect from their employees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In the end, leaders who practice self-leadership are more likely to have increased self-awareness, are more intentional, and are able to reframe their mindset towards seeing the opportunities or lessons from situations or mistakes. This is a skill that is not bestowed upon a professional in tandem with a promotion. Developing self-leadership is an ongoing growth opportunity that will allow leaders of all stages in their careers to become more strategic, drive better results, and be more capable of leading others, while being in alignment with themselves, their teams, and their organizations.</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.forbes.com/sites/karadennison/2023/06/13/think-like-a-self-leader-developing-self-leadership-strategies-to-cultivate-long-term-growth/?sh=634701ec4248\">click here.</a></p>\n<!-- /wp:paragraph -->','Think Like A Self-Leader: Developing Self-Leadership Strategies To Cultivate Long Term Growth','','publish','closed','closed','','think-like-a-self-leader-developing-self-leadership-strategies-to-cultivate-long-term-growth','','','2023-09-01 11:03:25','2023-09-01 11:03:25','',0,'http://smartinsurance.tips/?p=3414',0,'post','',0),(3415,1,'2023-09-01 11:00:21','2023-09-01 11:00:21','','My-project-1-76','','inherit','closed','closed','','my-project-1-76-2','','','2023-09-01 11:00:21','2023-09-01 11:00:21','',3414,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-76.png',0,'attachment','image/png',0),(3416,1,'2023-09-01 11:03:25','2023-09-01 11:03:25','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3415,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-76-1024x536.png\" alt=\"\" class=\"wp-image-3415\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Over recent years, the prevailing theme for many work cultures has been adaptability. Companies are looking for adaptable people, and career hopefuls are looking for flexible and adaptable work environments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Adaptability is essential but not enough to cultivate leadership growth or guarantee organizational success.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When we talk about strong leaders, we imagine someone who embodies the qualities that people find trustworthy and genuine as well as someone who is skilled at managing other people. One skill that doesn’t come as quickly to the forefront of our minds is the ability of leaders to manage themselves.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re a leader, how skilled are you at managing yourself and your mindset? How does self-leadership inform your current leadership strategy?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Understanding Self-Leadership</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Self-leadership, the practice of leading oneself, is more complex than the concept might imply. Whereas adaptability is necessary for survival, self-leaders continue thriving on the other side.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In other words, self-leaders can bounce back from a bad situation without bringing any negativity with them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your company is no longer in a period of day-to-day survival, then it’s time for a temperature check. Is your organization’s vision to prepare leaders for adaptability or long-term growth?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The truth is self-leaders are already adaptable leaders because they can see the bigger picture better, even during immediate challenges. Here are 3 crucial self-leadership traits that every management team should embody:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Invests in upskilling both tactical and interpersonal skills</strong>. What tools does your organization provide to help improve the growth of your employees’, including their emotional intelligence? There are numerous cost-effective ways for leaders to enhance how they show up for others and themselves. Even simply carving out dedicated time for honest dialogue, even during busy seasons, speaks volumes. Leaders should also invest time and resources into finding tangible resources, like assessments and development training.</li><li><strong>Incorporates self-knowledge into their leadership practices</strong>. Everyone has varying levels of self-awareness. People with a healthy amount of self-awareness can evaluate their own behaviors in relation to others and adjust their behaviors and attitudes accordingly. This involves consistent introspection, which can be uncomfortable but is necessary for leaders to develop a strategy that gets everyone on the same page.</li><li><strong>Effectively manages their own mindset by self-coaching</strong>. Effective leaders look to cause the least harm in every situation. When leaders are struggling to overcome their own challenges, it’s because they aren’t doing enough self-coaching through the process—especially as they might with a colleague or employee. Sometimes, it can be as simple as gently guiding yourself through a confusing dilemma and learning how to reframe your mindset first before attempting to coach others.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>Developing Self-Leadership Strategies Starts with Mindset</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For several reasons, today’s corporate leadership struggles to model strategic planning around self-leadership. Economic instability is an immediate roadblock for any executive hoping to invest in leadership training. And even strong leaders sometimes lack confidence in their own decision-making skills.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Traditionally, the idea of leadership hinges upon a top-down model of one person in charge of another. Managers are naturally conditioned to view their position similarly within the same hierarchy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Developing a self-leadership strategy begins with adjusting your mindset. Ask yourself the following questions to evaluate the current state of your leadership mentality, and answer them in your own words:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>What actions and outcomes am I most responsible for in my team?</strong>&nbsp;If the buck stops with you, what hesitations or uncertainties crop up for you?</li><li><strong>Where do I need support?&nbsp;</strong>Be specific when defining what help you need and from whom. What are the steps you need to take to access support?</li><li><strong>How much of the past informs my current decisions?&nbsp;</strong>What negative thought patterns are you inadvertently bringing to your day-to-day?</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once you’ve recognized and acknowledged your leadership mindset, you can challenge and reframe self-limiting beliefs or negative-thought patterns that impede your performance as a self-leader. How can you reframe a mental obstacle so that you can learn from past experiences and make them contribute positively to your decision-making?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>The Framework for Developing Self-Leadership Strategies</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Assessment:&nbsp;</strong>Encourage leaders, managers, and employees to engage in self-assessments in order to evaluate strengths, weaknesses, and areas needing more work. The goal is for everyone to understand their leadership style and to be aware of the value they bring to the company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Vision:&nbsp;</strong>Promote self-leadership by defining your leadership vision. This involves identifying your values, goals, and the type of self-leader you aspire to be. Seek to find ways in which your personal goals and values align with your professional goals and values.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Organizational Needs:&nbsp;</strong>Self-leaders not only understand the organizational needs, but they align their own goals and skills with that vision. Identify how you contribute to the company’s strategic vision and what steps you can take to help foster the big-picture.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Leadership Competencies:&nbsp;</strong>Based on organizational needs, define the core competencies that a leader within that organization should possess to be successful. Self-leadership involves knowing your competitive advantages and knowing how to leverage them so that you can contribute more intentionally to the mission. Evaluate yourself against the identified competencies and skill gaps, creating personalized development plans for each.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Self-Leadership Development:&nbsp;</strong>Remember that self-leadership promotes tactical or technical skills and interpersonal skills. Provide training and development programs like workshops, mentorships, and other continuous learning opportunities not only for yourself but also your team.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Self-Leadership Culture:&nbsp;</strong>Create and maintain a work culture that values self-leadership, and not just with your leaders. Make sure your work environment is one of trust and collaboration. Employees, even those without leadership titles, should feel empowered to be self-leaders; companies should be prepared to recognize and reward self-leadership behaviors that align with the overall mission.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Lead by Example:&nbsp;</strong>More importantly, a self-leadership culture is one in which authority leads by example: executives should model what they expect from management teams, and managers should model what they expect from their employees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In the end, leaders who practice self-leadership are more likely to have increased self-awareness, are more intentional, and are able to reframe their mindset towards seeing the opportunities or lessons from situations or mistakes. This is a skill that is not bestowed upon a professional in tandem with a promotion. Developing self-leadership is an ongoing growth opportunity that will allow leaders of all stages in their careers to become more strategic, drive better results, and be more capable of leading others, while being in alignment with themselves, their teams, and their organizations.</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.forbes.com/sites/karadennison/2023/06/13/think-like-a-self-leader-developing-self-leadership-strategies-to-cultivate-long-term-growth/?sh=634701ec4248\">click here.</a></p>\n<!-- /wp:paragraph -->','Think Like A Self-Leader: Developing Self-Leadership Strategies To Cultivate Long Term Growth','','inherit','closed','closed','','3414-revision-v1','','','2023-09-01 11:03:25','2023-09-01 11:03:25','',3414,'http://smartinsurance.tips/?p=3416',0,'revision','',0),(3417,1,'2023-09-01 11:06:31','2023-09-01 11:06:31','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Autumn is a time of change, and while there are lots of things to look forward to, such as spicy coffee and healthy food, there is also a high chance of catching the flu or a virus that can make life a bit miserable for a time. Protect your health and enjoy the season using the tips below. </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\":3419,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-77-1024x536.png\" alt=\"\" class=\"wp-image-3419\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">QUALITY SLEEP&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If there’s one thing we’ve become familiar with over the past few years, it’s the impact of viruses on our everyday lives. Despite having plenty of antidotes to colds and flu, we still know relatively little about where they come from, but they tend to appear more in colder seasons like autumn.&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you want to protect your health and wellbeing this autumn, make sure you get quality sleep every night. This means completing your natural sleep cycle, which is about eight hours for an average adult. Quality sleep supports the immune system and prevents seasonal illnesses.&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">SIMPLE LIVING&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">At the start of the year, people have grand ambitions to achieve excellent health and wellbeing; by the autumn, we should have an idea of how successful we have been with our efforts. There’s nothing wrong with rebooting your motivations, but there’s a lot to be said for more simple living. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As the weather becomes colder and the days become shorter, there is more chance of catching an illness or being involved in a road accident. If you have knocked off your bicycle on the street at this time of year, contact a personal injury lawyer and seek the compensation you deserve.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">PHYSICAL HEALTH</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s a good idea to keep things simple in autumn and focus on your wellness, but that doesn’t mean you should abandon your physical health. If we don’t pay some attention to physical health, our bodies start to become grumpy and cramp up. It can also lead to further illnesses.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The good news is you don’t have to work hard in the gym to maintain good physical health; all you have to do is walk, jog, or use micro workouts a few times a year to remind your muscles of their purpose and raise your heart rate to boost the blood flow to your brain for better wellbeing.&nbsp;&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">VITAMIN D&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Vitamin D is a micronutrient, meaning that it is not produced naturally in the body; instead, it is derived from food sources and the environment. In the case of vitamin D, we need the sun and food sources like oranges to absorb vitamin D for our overall health. For fertility and immunity. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are a few ways to get more vitamin D into your diet; you can eat foods such as beets, oranges, and mushrooms. Another way is to use a food supplement to support your diet. Make sure you take the right amount of vitamin D every day, that is, no more than 100 mg.  And lastly an effective way to deliver vitamins into your system is via IV Therapies. IV treatment in LA is a medical treatment that delivers vitamins, minerals, and other nutrients directly to the bloodstream. This allows the body to receive a higher concentration of nutrients than it would from oral supplements or diet alone. It can also help to reduce the severity of colds and flu, and shorten the duration of illness especially in autumn time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">SEASONAL FOOD&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Autumn is an excellent time for seasonal food. It’s the end of the summer, and many of the seasonal vegetables are ripe and ready to eat. Look out for pumpkins, beets, leafy greens, mushrooms, and more in the supermarket, and enjoy making soups and stews in your home. </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.thebraggingmommy.com/tips-to-stay-healthy-during-autumn/\">click here.</a></p>\n<!-- /wp:paragraph -->','Tips to Stay Healthy During Autumn','','publish','closed','closed','','tips-to-stay-healthy-during-autumn','','','2023-09-01 11:06:31','2023-09-01 11:06:31','',0,'http://smartinsurance.tips/?p=3417',0,'post','',0),(3418,1,'2023-09-01 11:04:24','2023-09-01 11:04:24','','Untitled','','inherit','closed','closed','','untitled','','','2023-09-01 11:04:24','2023-09-01 11:04:24','',3417,'http://smartinsurance.tips/wp-content/uploads/2023/09/Untitled.png',0,'attachment','image/png',0),(3419,1,'2023-09-01 11:04:32','2023-09-01 11:04:32','','My-project-1-77','','inherit','closed','closed','','my-project-1-77','','','2023-09-01 11:04:32','2023-09-01 11:04:32','',3417,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-77.png',0,'attachment','image/png',0),(3420,1,'2023-09-01 11:06:31','2023-09-01 11:06:31','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Autumn is a time of change, and while there are lots of things to look forward to, such as spicy coffee and healthy food, there is also a high chance of catching the flu or a virus that can make life a bit miserable for a time. Protect your health and enjoy the season using the tips below. </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\":3419,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-77-1024x536.png\" alt=\"\" class=\"wp-image-3419\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">QUALITY SLEEP&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If there’s one thing we’ve become familiar with over the past few years, it’s the impact of viruses on our everyday lives. Despite having plenty of antidotes to colds and flu, we still know relatively little about where they come from, but they tend to appear more in colder seasons like autumn.&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you want to protect your health and wellbeing this autumn, make sure you get quality sleep every night. This means completing your natural sleep cycle, which is about eight hours for an average adult. Quality sleep supports the immune system and prevents seasonal illnesses.&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">SIMPLE LIVING&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">At the start of the year, people have grand ambitions to achieve excellent health and wellbeing; by the autumn, we should have an idea of how successful we have been with our efforts. There’s nothing wrong with rebooting your motivations, but there’s a lot to be said for more simple living. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As the weather becomes colder and the days become shorter, there is more chance of catching an illness or being involved in a road accident. If you have knocked off your bicycle on the street at this time of year, contact a personal injury lawyer and seek the compensation you deserve.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">PHYSICAL HEALTH</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s a good idea to keep things simple in autumn and focus on your wellness, but that doesn’t mean you should abandon your physical health. If we don’t pay some attention to physical health, our bodies start to become grumpy and cramp up. It can also lead to further illnesses.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The good news is you don’t have to work hard in the gym to maintain good physical health; all you have to do is walk, jog, or use micro workouts a few times a year to remind your muscles of their purpose and raise your heart rate to boost the blood flow to your brain for better wellbeing.&nbsp;&nbsp;&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">VITAMIN D&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Vitamin D is a micronutrient, meaning that it is not produced naturally in the body; instead, it is derived from food sources and the environment. In the case of vitamin D, we need the sun and food sources like oranges to absorb vitamin D for our overall health. For fertility and immunity. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are a few ways to get more vitamin D into your diet; you can eat foods such as beets, oranges, and mushrooms. Another way is to use a food supplement to support your diet. Make sure you take the right amount of vitamin D every day, that is, no more than 100 mg.  And lastly an effective way to deliver vitamins into your system is via IV Therapies. IV treatment in LA is a medical treatment that delivers vitamins, minerals, and other nutrients directly to the bloodstream. This allows the body to receive a higher concentration of nutrients than it would from oral supplements or diet alone. It can also help to reduce the severity of colds and flu, and shorten the duration of illness especially in autumn time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">SEASONAL FOOD&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Autumn is an excellent time for seasonal food. It’s the end of the summer, and many of the seasonal vegetables are ripe and ready to eat. Look out for pumpkins, beets, leafy greens, mushrooms, and more in the supermarket, and enjoy making soups and stews in your home. </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.thebraggingmommy.com/tips-to-stay-healthy-during-autumn/\">click here.</a></p>\n<!-- /wp:paragraph -->','Tips to Stay Healthy During Autumn','','inherit','closed','closed','','3417-revision-v1','','','2023-09-01 11:06:31','2023-09-01 11:06:31','',3417,'http://smartinsurance.tips/?p=3420',0,'revision','',0),(3421,1,'2023-09-01 11:47:46','2023-09-01 11:47:46','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">ID theft is when someone illegally poses as you, usually to get money. Know these warning signs and prevention tips.</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\":3422,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-75-1024x536.png\" alt=\"\" class=\"wp-image-3422\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identity theft is when someone uses your personal data — your name, Social Security number, birthdate, etc. — to impersonate you, typically using that information to steal from you. The Federal Trade Commission received 1.43 million complaints of identity theft from consumers in 2021.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here’s what you need to know to reduce chances you’ll be a target, spot warning signs and take quick action to minimize damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>What is identity theft?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identity theft happens when someone uses your sensitive data to pose as you or steal from you. Identity thieves may drain your bank and investment accounts, open new credit lines, get utility service, steal your tax refund, use your insurance information to get medical treatments, or give police your name and address when they are arrested.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Frequent data breaches mean your information may already be exposed. In this new reality, it’s smart to take steps to prevent malicious actors from using your personal information and ruining your financial life.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">7 types of identity theft and the warning signs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once a criminal has your info, here are common ways it may be exploited:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Credit identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Credit identity theft happens when a criminal uses your personal information, such as birthdate and Social Security number, to apply for a new credit line.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> You might see an unexpected change in your credit scores or an account you don’t recognize on your credit reports. You may get debt collection notices or a court judgment against you. The best way to prevent it is to freeze your credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Child identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Criminals steal a child’s identity and apply for credit in that child’s name. Often it is not discovered until the victim applies for college loans or other credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> If your child is getting offers of credit cards or phone calls about late payments or debt collections, investigate. You can freeze your child\'s credit to prevent it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Synthetic identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Synthetic identity theft is when criminals use a patchwork of identity details to construct a fictitious consumer, using a Social Security number — often one of a minor child or one that is simply made up — that is not yet in the credit bureaus’ database and combining it with a name and address. They then apply for loans and credit cards, often making payments for years as the credit limits grow. Then comes a \"bust out,\" when cards are maxed out and the criminals disappear.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> If you try to freeze your child’s credit and discover their Social Security number is already in use. Often it is not discovered until the child is applying for student loans. It is not always preventable, because sometimes criminals make up and use a Social Security number even before it\'s assigned.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Taxpayer identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sometimes fraudsters use a Social Security number to file a tax return and steal your tax refund or tax credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> You may be unable to e-file because someone else has already filed under that Social Security number, you get an IRS notice or letter referencing some activity you knew nothing about or IRS records suggest you worked for an employer that you did not. Filing early can help you beat criminals to filing in your name, and some states offer six-digit identity protection PINs (after a rigorous verification) with additional security.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. Medical identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Using someone else’s identity to get health care services is medical identity theft. It’s particularly dangerous because it can result in medical histories being mixed, giving doctors and hospitals wrong information as they are making health care decisions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> Claims or payments on your insurance explanation of benefits that you do not recognize can suggest that someone is using your health care benefits. If you’ve fallen victim, you’ll need to both report it to your insurance company and inform your health care team to be sure information in your health care records is actually yours.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Account takeover</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Criminals use personal data to access your financial accounts, then change passwords or addresses so that you no longer have access.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> An email, letter or text from your financial institution that refers to an action (like a password or email change) or transaction you don\'t recognize.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Criminal identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Criminal identity theft occurs when someone gives law authorities someone else’s name and address during an arrest or investigation. This is often done with false identification, such as a fake driver’s license.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> You may be detained by a police officer for reasons that are unclear to you, or be denied employment or a promotion because of something found in a background check.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">11 ways to prevent identity theft</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You’re unlikely to find a fail-safe way to prevent identity theft, and monitoring services only let you know after something has gone wrong. But there are 11 things you can do to make it much harder for identity thieves.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Freeze your credit</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Freezing your credit with all three major credit bureaus — Equifax, Experian and TransUnion — restricts access to your records so new credit files cannot be opened. It’s free to freeze your credit and unfreeze when you want to open an account, and it provides the best protection against an identity thief using your data to open a new account.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Safeguard your Social Security number</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your Social Security number is the master key to your personal data. Guard it as best you can. When you are asked for your number, ask why it is needed and how it will be protected. Don’t carry your card with you. Securely store or shred paperwork containing your Social Security number.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Be alert to phishing and spoofing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Scammers can make phone calls appear to come from government entities or businesses, and emails that appear to be legitimate may be attempts to steal your information. Initiate a callback or return email yourself, working from a known entity such as the official website, rather than responding to a call or email. And be wary of attachments — many contain malware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Use strong passwords and add an authentication step</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Use a password manager to create and store complex, unique passwords for your accounts. Don’t reuse passwords. Adding an authenticator app can reduce your risk. Don’t rely on security questions to keep your accounts safe; your mother’s maiden name and your pet’s name aren’t hard to find. Think carefully about what you post on social media so you don\'t give away key data or clues about how you answer security questions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. Use alerts</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many financial institutions will text or email when transactions are made on your accounts. Sign up so that you know when and where your credit cards are used, when there are withdrawals or deposits to financial accounts and more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Watch your mailbox</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Stolen mail is one of the easiest paths to a stolen identity. Have your mail held if you’re out of town. Consider a U.S. Postal Service-approved lockable mailbox. You can also sign up for Informed Delivery through the USPS, which gives you a preview of your mail so you can tell if anything is missing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Shred, shred, shred</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Any credit card, bank or investment statements that someone could fish out of your garbage shouldn’t be there in the first place. Shred junk mail, too, especially preapproved offers of credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">8. Use a digital wallet</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re paying online or in a store, use a digital wallet, an app containing secure, digital versions of credit and debit cards. You can use it to shop online or at a compatible checkout terminal. Transactions are tokenized and encrypted, which makes them safer. In addition, contactless transactions have fewer health risks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">9. Protect your mobile devices</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Mobile devices can be a real risk. According to Javelin’s report, only 48% of us routinely lock our mobile devices. Use passwords on your electronic devices. Use a banking app rather than a mobile browser for banking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">10. Check your credit reports regularly</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The three major credit reporting bureaus are giving consumers access to free credit reports weekly through the end of 2023, accessible by using AnnualCreditReport.com. Check to be sure that accounts are being reported properly and watch for signs of fraud, like accounts you don\'t recognize. You can also sign up for a free credit report and score from NerdWallet to receive alerts when there are changes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">11. Monitor financial and medical statements</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Read financial statements. Make sure you recognize every transaction. Know due dates and call to investigate if you do not receive an expected bill. Review “explanation of benefits” statements to make sure you recognize the services provided to guard against health care fraud.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>10 ways identity theft happens</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some of the ways your personal information can be compromised:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Lost wallet</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When your wallet is lost or stolen, someone else may gain access to all the information in it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Don’t carry your Social Security card or more credit cards than you use regularly, and don’t keep a list of passwords and access codes in your wallet.</li><li>Make photocopies of your credit cards, front and back, and keep them in a secure location so that you can easily call the issuer if a card or your wallet is lost. Some issuers allow you to temporarily “turn off” a lost card; with others, you have to cancel and get a new card issued.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Mailbox theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Someone simply takes your mail or forwards your mail to a different address, so that you suddenly stop getting most mail.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Sign up for USPS Informed Delivery. You’ll get an email with images of the items that should be delivered to you so you’ll know if things are missing.</li><li>Choose a secure mailbox and retrieve mail promptly.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Using public Wi-Fi</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Hackers may be able to see what you are doing when you use free public Wi-Fi.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Don’t use public Wi-Fi for shopping, banking or other sensitive transactions.</li><li>If you choose to use public Wi-Fi, use a virtual private network service to create a secure connection.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Data breaches</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Hackers invade databases holding sensitive information, such as in the Equifax credit bureau hack of 2017. Almost everyone has been affected by a data breach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Assume that your data is already out there and take precautions accordingly.</li><li>Check your credit scores often — unexpected changes can be a clue — and read financial and insurance statements carefully. Monitor your credit reports, especially for new accounts or inquiries resulting from credit applications.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. SIM card swap</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This is when someone takes over your phone number. You may stop getting calls and texts, or you may get a notice that your phone has been activated.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Set up a PIN or password on your cellular account.</li><li>Consider using an authentication app for accounts with sensitive financial information.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Phishing or spoofing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some fraudsters try to get you to disclose personal data, such as credit card numbers, Social Security numbers and banking information, by sending an official-looking email. Spoofing involves doing much the same thing with caller ID, so that the number appears to be that of a trusted company or government agency.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Do not give out personal data in response to an email or call.</li><li>Find contact information from a trusted source, such as your bank website, and use it to verify whether the call or email is legitimate.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Skimming</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Skimming is getting credit card information, often from a small device, when a credit card is used at a brick-and-mortar location such as a gas pump or ATM.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Use cards with chips, which have added protections.</li><li>Pay inside at the gas station if you can, because skimming devices are more likely to be placed at unmonitored payment sites.</li><li>Detect fraudulent activity early by setting email or text alerts that let you know when your credit cards are used. If a card is used without your authorization, call the issuer immediately.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">8. Phone scams</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You may be told you have won something or even that you are in danger of being arrested. The caller claims to need personal, banking or credit information to verify your identity or to know where to send you money.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Don’t give personal information out over the phone.</li><li>Be aware of common phone scams. The IRS, for example, does not initiate contact with taxpayers by phone (or email or social media) to request personal or financial information, nor does it call with threats of arrest or lawsuits.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">9. Looking over your shoulder</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fraudsters can learn a password just by watching your fingers as you key it in. The information on your credit card can be photographed with a smartphone while you shop online in a public place. A business might leave sensitive information where people can see it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Be aware of your surroundings.</li><li>Don’t leave cards where they can be seen.</li><li>Cover your hand when you key in passwords or codes.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">10. Malware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Opening an email attachment or visiting an infected website can install malicious software on your computer, such as a keylogger. That does what it sounds like — logs every keystroke, giving criminals access to passwords, account numbers and more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Be cautious about clicking on attachments or links in emails and about the websites you visit.</li><li>Use a password manager, which lets you avoid keying in login credentials.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>How to report identity theft</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identitytheft.gov is a one-stop shop for information and reporting identity theft. Start with that site, which is run by the Federal Trade Commission, and follow its recommended steps to make a recovery plan. You may also need to contact your police department, the Postal Service and the credit bureaus. The IRS has a phone line for identity theft, at 800-908-4490, and a taxpayer guide to identity theft on its website.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can also go directly to your credit card issuer if your credit card was lost, stolen or used without your knowledge. If it appears someone else used your health benefit, contact your health insurer and consider contacting any involved providers to make sure someone else’s health history is not mixed with yours.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What happens when you report identity theft?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Reporting identity theft starts an investigation and the process of restoring your good name. The exact steps will depend on the type of identity theft.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Credit card issuers generally replace the cards with new ones with a different number, and you are back in business. Taxpayer identity theft or theft of benefits typically are resolved more slowly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">No matter which type of identity theft you experience, keep extensive notes about phone conversations and retain related emails.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What is the best identity theft protection service?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identity theft protection services let you know that your identifying information has been used, or that it is at risk because it was exposed in a data breach. If you are a victim of identity theft, they may also guide you — and reimburse you for costs — through the process of cleaning up the mess and restoring your identity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re already doing all you can do to protect your identity or feel you don\'t have time to do it, you may want to consider an identity theft protection service. Protections vary, and most offer additional ways to protect your privacy and other services. The best choice among the paid services is one that fits your budget and offers you the coverage you care about.</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.nerdwallet.com/article/finance/how-to-prevent-identity-theft\">click here.</a></p>\n<!-- /wp:paragraph -->','Identity Theft: What It Is, How to Prevent It, Warning Signs and Tips','','publish','closed','closed','','identity-theft-what-it-is-how-to-prevent-it-warning-signs-and-tips','','','2023-09-01 11:47:46','2023-09-01 11:47:46','',0,'http://smartinsurance.tips/?p=3421',0,'post','',0),(3422,1,'2023-09-01 11:07:52','2023-09-01 11:07:52','','My-project-1-75','','inherit','closed','closed','','my-project-1-75-2','','','2023-09-01 11:07:52','2023-09-01 11:07:52','',3421,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-75.png',0,'attachment','image/png',0),(3423,1,'2023-09-01 11:47:46','2023-09-01 11:47:46','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">ID theft is when someone illegally poses as you, usually to get money. Know these warning signs and prevention tips.</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\":3422,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-75-1024x536.png\" alt=\"\" class=\"wp-image-3422\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identity theft is when someone uses your personal data — your name, Social Security number, birthdate, etc. — to impersonate you, typically using that information to steal from you. The Federal Trade Commission received 1.43 million complaints of identity theft from consumers in 2021.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here’s what you need to know to reduce chances you’ll be a target, spot warning signs and take quick action to minimize damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>What is identity theft?</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identity theft happens when someone uses your sensitive data to pose as you or steal from you. Identity thieves may drain your bank and investment accounts, open new credit lines, get utility service, steal your tax refund, use your insurance information to get medical treatments, or give police your name and address when they are arrested.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Frequent data breaches mean your information may already be exposed. In this new reality, it’s smart to take steps to prevent malicious actors from using your personal information and ruining your financial life.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">7 types of identity theft and the warning signs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once a criminal has your info, here are common ways it may be exploited:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Credit identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Credit identity theft happens when a criminal uses your personal information, such as birthdate and Social Security number, to apply for a new credit line.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> You might see an unexpected change in your credit scores or an account you don’t recognize on your credit reports. You may get debt collection notices or a court judgment against you. The best way to prevent it is to freeze your credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Child identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Criminals steal a child’s identity and apply for credit in that child’s name. Often it is not discovered until the victim applies for college loans or other credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> If your child is getting offers of credit cards or phone calls about late payments or debt collections, investigate. You can freeze your child\'s credit to prevent it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Synthetic identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Synthetic identity theft is when criminals use a patchwork of identity details to construct a fictitious consumer, using a Social Security number — often one of a minor child or one that is simply made up — that is not yet in the credit bureaus’ database and combining it with a name and address. They then apply for loans and credit cards, often making payments for years as the credit limits grow. Then comes a \"bust out,\" when cards are maxed out and the criminals disappear.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> If you try to freeze your child’s credit and discover their Social Security number is already in use. Often it is not discovered until the child is applying for student loans. It is not always preventable, because sometimes criminals make up and use a Social Security number even before it\'s assigned.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Taxpayer identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sometimes fraudsters use a Social Security number to file a tax return and steal your tax refund or tax credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> You may be unable to e-file because someone else has already filed under that Social Security number, you get an IRS notice or letter referencing some activity you knew nothing about or IRS records suggest you worked for an employer that you did not. Filing early can help you beat criminals to filing in your name, and some states offer six-digit identity protection PINs (after a rigorous verification) with additional security.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. Medical identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Using someone else’s identity to get health care services is medical identity theft. It’s particularly dangerous because it can result in medical histories being mixed, giving doctors and hospitals wrong information as they are making health care decisions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> Claims or payments on your insurance explanation of benefits that you do not recognize can suggest that someone is using your health care benefits. If you’ve fallen victim, you’ll need to both report it to your insurance company and inform your health care team to be sure information in your health care records is actually yours.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Account takeover</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Criminals use personal data to access your financial accounts, then change passwords or addresses so that you no longer have access.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> An email, letter or text from your financial institution that refers to an action (like a password or email change) or transaction you don\'t recognize.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Criminal identity theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Criminal identity theft occurs when someone gives law authorities someone else’s name and address during an arrest or investigation. This is often done with false identification, such as a fake driver’s license.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning signs:</strong> You may be detained by a police officer for reasons that are unclear to you, or be denied employment or a promotion because of something found in a background check.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">11 ways to prevent identity theft</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You’re unlikely to find a fail-safe way to prevent identity theft, and monitoring services only let you know after something has gone wrong. But there are 11 things you can do to make it much harder for identity thieves.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Freeze your credit</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Freezing your credit with all three major credit bureaus — Equifax, Experian and TransUnion — restricts access to your records so new credit files cannot be opened. It’s free to freeze your credit and unfreeze when you want to open an account, and it provides the best protection against an identity thief using your data to open a new account.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Safeguard your Social Security number</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your Social Security number is the master key to your personal data. Guard it as best you can. When you are asked for your number, ask why it is needed and how it will be protected. Don’t carry your card with you. Securely store or shred paperwork containing your Social Security number.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Be alert to phishing and spoofing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Scammers can make phone calls appear to come from government entities or businesses, and emails that appear to be legitimate may be attempts to steal your information. Initiate a callback or return email yourself, working from a known entity such as the official website, rather than responding to a call or email. And be wary of attachments — many contain malware.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Use strong passwords and add an authentication step</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Use a password manager to create and store complex, unique passwords for your accounts. Don’t reuse passwords. Adding an authenticator app can reduce your risk. Don’t rely on security questions to keep your accounts safe; your mother’s maiden name and your pet’s name aren’t hard to find. Think carefully about what you post on social media so you don\'t give away key data or clues about how you answer security questions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. Use alerts</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many financial institutions will text or email when transactions are made on your accounts. Sign up so that you know when and where your credit cards are used, when there are withdrawals or deposits to financial accounts and more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Watch your mailbox</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Stolen mail is one of the easiest paths to a stolen identity. Have your mail held if you’re out of town. Consider a U.S. Postal Service-approved lockable mailbox. You can also sign up for Informed Delivery through the USPS, which gives you a preview of your mail so you can tell if anything is missing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Shred, shred, shred</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Any credit card, bank or investment statements that someone could fish out of your garbage shouldn’t be there in the first place. Shred junk mail, too, especially preapproved offers of credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">8. Use a digital wallet</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re paying online or in a store, use a digital wallet, an app containing secure, digital versions of credit and debit cards. You can use it to shop online or at a compatible checkout terminal. Transactions are tokenized and encrypted, which makes them safer. In addition, contactless transactions have fewer health risks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">9. Protect your mobile devices</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Mobile devices can be a real risk. According to Javelin’s report, only 48% of us routinely lock our mobile devices. Use passwords on your electronic devices. Use a banking app rather than a mobile browser for banking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">10. Check your credit reports regularly</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The three major credit reporting bureaus are giving consumers access to free credit reports weekly through the end of 2023, accessible by using AnnualCreditReport.com. Check to be sure that accounts are being reported properly and watch for signs of fraud, like accounts you don\'t recognize. You can also sign up for a free credit report and score from NerdWallet to receive alerts when there are changes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">11. Monitor financial and medical statements</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Read financial statements. Make sure you recognize every transaction. Know due dates and call to investigate if you do not receive an expected bill. Review “explanation of benefits” statements to make sure you recognize the services provided to guard against health care fraud.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>10 ways identity theft happens</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some of the ways your personal information can be compromised:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">1. Lost wallet</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When your wallet is lost or stolen, someone else may gain access to all the information in it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Don’t carry your Social Security card or more credit cards than you use regularly, and don’t keep a list of passwords and access codes in your wallet.</li><li>Make photocopies of your credit cards, front and back, and keep them in a secure location so that you can easily call the issuer if a card or your wallet is lost. Some issuers allow you to temporarily “turn off” a lost card; with others, you have to cancel and get a new card issued.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">2. Mailbox theft</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Someone simply takes your mail or forwards your mail to a different address, so that you suddenly stop getting most mail.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Sign up for USPS Informed Delivery. You’ll get an email with images of the items that should be delivered to you so you’ll know if things are missing.</li><li>Choose a secure mailbox and retrieve mail promptly.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">3. Using public Wi-Fi</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Hackers may be able to see what you are doing when you use free public Wi-Fi.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Don’t use public Wi-Fi for shopping, banking or other sensitive transactions.</li><li>If you choose to use public Wi-Fi, use a virtual private network service to create a secure connection.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">4. Data breaches</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Hackers invade databases holding sensitive information, such as in the Equifax credit bureau hack of 2017. Almost everyone has been affected by a data breach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Assume that your data is already out there and take precautions accordingly.</li><li>Check your credit scores often — unexpected changes can be a clue — and read financial and insurance statements carefully. Monitor your credit reports, especially for new accounts or inquiries resulting from credit applications.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">5. SIM card swap</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This is when someone takes over your phone number. You may stop getting calls and texts, or you may get a notice that your phone has been activated.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Set up a PIN or password on your cellular account.</li><li>Consider using an authentication app for accounts with sensitive financial information.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">6. Phishing or spoofing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some fraudsters try to get you to disclose personal data, such as credit card numbers, Social Security numbers and banking information, by sending an official-looking email. Spoofing involves doing much the same thing with caller ID, so that the number appears to be that of a trusted company or government agency.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Do not give out personal data in response to an email or call.</li><li>Find contact information from a trusted source, such as your bank website, and use it to verify whether the call or email is legitimate.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">7. Skimming</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Skimming is getting credit card information, often from a small device, when a credit card is used at a brick-and-mortar location such as a gas pump or ATM.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Use cards with chips, which have added protections.</li><li>Pay inside at the gas station if you can, because skimming devices are more likely to be placed at unmonitored payment sites.</li><li>Detect fraudulent activity early by setting email or text alerts that let you know when your credit cards are used. If a card is used without your authorization, call the issuer immediately.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">8. Phone scams</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You may be told you have won something or even that you are in danger of being arrested. The caller claims to need personal, banking or credit information to verify your identity or to know where to send you money.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Don’t give personal information out over the phone.</li><li>Be aware of common phone scams. The IRS, for example, does not initiate contact with taxpayers by phone (or email or social media) to request personal or financial information, nor does it call with threats of arrest or lawsuits.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">9. Looking over your shoulder</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fraudsters can learn a password just by watching your fingers as you key it in. The information on your credit card can be photographed with a smartphone while you shop online in a public place. A business might leave sensitive information where people can see it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Be aware of your surroundings.</li><li>Don’t leave cards where they can be seen.</li><li>Cover your hand when you key in passwords or codes.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\">10. Malware</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Opening an email attachment or visiting an infected website can install malicious software on your computer, such as a keylogger. That does what it sounds like — logs every keystroke, giving criminals access to passwords, account numbers and more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Be cautious about clicking on attachments or links in emails and about the websites you visit.</li><li>Use a password manager, which lets you avoid keying in login credentials.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><strong>How to report identity theft</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identitytheft.gov is a one-stop shop for information and reporting identity theft. Start with that site, which is run by the Federal Trade Commission, and follow its recommended steps to make a recovery plan. You may also need to contact your police department, the Postal Service and the credit bureaus. The IRS has a phone line for identity theft, at 800-908-4490, and a taxpayer guide to identity theft on its website.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can also go directly to your credit card issuer if your credit card was lost, stolen or used without your knowledge. If it appears someone else used your health benefit, contact your health insurer and consider contacting any involved providers to make sure someone else’s health history is not mixed with yours.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What happens when you report identity theft?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Reporting identity theft starts an investigation and the process of restoring your good name. The exact steps will depend on the type of identity theft.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Credit card issuers generally replace the cards with new ones with a different number, and you are back in business. Taxpayer identity theft or theft of benefits typically are resolved more slowly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">No matter which type of identity theft you experience, keep extensive notes about phone conversations and retain related emails.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What is the best identity theft protection service?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Identity theft protection services let you know that your identifying information has been used, or that it is at risk because it was exposed in a data breach. If you are a victim of identity theft, they may also guide you — and reimburse you for costs — through the process of cleaning up the mess and restoring your identity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re already doing all you can do to protect your identity or feel you don\'t have time to do it, you may want to consider an identity theft protection service. Protections vary, and most offer additional ways to protect your privacy and other services. The best choice among the paid services is one that fits your budget and offers you the coverage you care about.</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.nerdwallet.com/article/finance/how-to-prevent-identity-theft\">click here.</a></p>\n<!-- /wp:paragraph -->','Identity Theft: What It Is, How to Prevent It, Warning Signs and Tips','','inherit','closed','closed','','3421-revision-v1','','','2023-09-01 11:47:46','2023-09-01 11:47:46','',3421,'http://smartinsurance.tips/?p=3423',0,'revision','',0),(3424,1,'2023-09-01 12:09:26','2023-09-01 12:09:26','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">These machines come at a premium price, but they run longer, quieter, and more efficiently than traditional generators.</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\":3425,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-52-1024x536.png\" alt=\"\" class=\"wp-image-3425\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Inverter generators are a type of portable generator, with a twist.<br><br>When the electricity goes out, both inverter generators and traditional portable generators can power your home appliances and electronics, making the difference between a minor disruption in your life and a catastrophe. You set them up the same way, using gasoline as fuel and positioning them at least 20 feet from your home—never indoors—with the exhaust pointing away from your dwelling.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But inverter generators typically are far less noisy than traditional portable generators. If you’ve had to suffer through the din of a running portable generator, you can appreciate the value of that for your sanity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Inverter generators have other distinct advantages—and one notable drawback. So it’s helpful to know how they work, what makes them unique, and why they might be a worthwhile purchase.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Is an Inverter Generator Worth It?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The main drawback of inverter generators is their price. Though prices have been coming down somewhat, these units are still typically pricier than traditional portable generators with a comparable claimed wattage—from a few hundred to a couple of thousand dollars more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But their benefits—which have to do with how they work—may make up for that negative. Inverter generators electronically throttle the engine up and down to meet demand, instead of running full tilt all the time as traditional generators do. That makes them more efficient.<br><br>\"An inverter generator only ramps up as high as it needs to,\" says Misha Kollontai, the Consumer Reports engineer who oversees our generator testing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">That efficiency means you won’t have to fill up the gas tank as often; that could be useful if fuel is hard to come by after an emergency. Inverter generators also produce lower emissions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And the&nbsp;noise difference between inverter and traditional portable generators can be significant. “Inverter generators are generally quiet enough not to drown out nearby conversation,” Kollontai says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many inverter models in Consumer Reports’ generator ratings earn very good or even excellent scores for noise. In contrast, none of the traditional portable generators does better than middling, and quite a number score below that.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Are Inverter Generators Safer Than Other Portable Generators?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Carbon monoxide (CO) poisoning is a serious risk with all portable generators that aren’t used properly. Like other portables, inverter generators should only be used outside in an unenclosed area, at least 20 feet from your home, with the exhaust port pointing away from your dwelling.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To further reduce the risk of carbon monoxide poisoning, some new portable generators feature a built-in sensor that triggers an automatic shutoff if CO builds up to dangerous levels in an enclosed space. And some also have engines that emit less CO in the first place. The best generators come with both features.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Inverter generators are not inherently safer than other portable generators. Most of the inverter generators in our ratings have the automatic CO shutoff. But that’s also true of most of the traditional portable generators in our ratings.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can best ensure your household’s safety by choosing a recommended model from CR’s inverter generator ratings. Only portable and inverter generators with the automatic CO shutoff can earn our recommendation, regardless of how well the models perform otherwise. (In 2020, CR expanded its safety tests to distinguish between generators that simply have these safety features and those we’ve found to be demonstrably safer in various scenarios.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Size Inverter Generator Should You Get?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To help you make better sense of your options, we break our inverter generator ratings into four groups:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>1. Large Inverter Generators</strong><br>Most large inverter generators in our ratings weigh from around 150 to around 300 pounds (wheels included). That’s too big to haul along to a tailgate party but big enough to power your house. They generate 5,000 watts of power or more (at 220 volts).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This category of inverter generator can be connected directly to your electrical panel with a safety device called a transfer switch, which CR strongly recommends. That allows the generator to power entire circuits in your home rather than having to plug in individual electronics with extension cords.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>2. Midsized Inverter Generators</strong><br>These weigh 80 pounds or more and might come with wheels. They produce 2,500 to 5,000 watts but don’t allow the recommended option of connecting to an electrical panel with a transfer switch. Instead, you plug appliances or electronics directly into the generator, which can be dangerous if you don’t follow certain safety guidelines.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This size is well suited for users of recreational vehicles. These models put out all the power you need for plug-in appliances like a toaster or microwave, and they’re light enough to unload and carry away to a safe distance from your RV before use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>3. Small Recreational Inverter Generators</strong><br>Models of this category of our ratings generate 1,500 to 2,500 watts. That’s enough to be a steady source of basic backup power for a fridge, some lights, and a phone charger—but not much else. These units can’t be connected to a circuit breaker panel or used to power any device that doesn’t have a standard two- or three-prong plug. But you can link multiple inverter generators together with a special cable to combine their output. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many small recreational inverter models come with user-friendly features such as fuel-level indicators; some come with wheels. But these units typically weigh between 50 and 60 pounds, and are designed to be carried with one hand.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>4. Compact Inverter Generators</strong><br>You can plug two small appliances directly into the compact inverter generators in our ratings. They produce around 1,000 watts, enough power for tailgating or camping. These units lack convenience features like fuel gauges or standard wheels. With weights between 30 and 40 pounds, though, they’re designed for convenient, one-hand carrying.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Don’t let the small size of these units lull you into thinking you can bring them inside safely, however.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">“Even a smaller generator can emit hazardous levels of CO in an enclosed space, so make sure you get a unit with CO safety technology and follow placement guidelines,” Kollontai says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Our generator buying guide is a great place to get the lay of the land, and our full generator ratings will let you compare specific models. CR members can read on for ratings and reviews of four top-performing inverter generators, one each from the four sizes we test.</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/home-garden/generators/pros-and-cons-of-inverter-generators-a1104840654/?itm_source=parsely-api\">click here.</a></p>\n<!-- /wp:paragraph -->','Pros and Cons of Inverter Generators','','publish','closed','closed','','pros-and-cons-of-inverter-generators','','','2023-09-01 12:09:26','2023-09-01 12:09:26','',0,'http://smartinsurance.tips/?p=3424',0,'post','',0),(3425,1,'2023-09-01 12:06:24','2023-09-01 12:06:24','','My-project-1-52','','inherit','closed','closed','','my-project-1-52','','','2023-09-01 12:06:24','2023-09-01 12:06:24','',3424,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-52.png',0,'attachment','image/png',0),(3426,1,'2023-09-01 12:09:26','2023-09-01 12:09:26','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">These machines come at a premium price, but they run longer, quieter, and more efficiently than traditional generators.</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\":3425,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-52-1024x536.png\" alt=\"\" class=\"wp-image-3425\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Inverter generators are a type of portable generator, with a twist.<br><br>When the electricity goes out, both inverter generators and traditional portable generators can power your home appliances and electronics, making the difference between a minor disruption in your life and a catastrophe. You set them up the same way, using gasoline as fuel and positioning them at least 20 feet from your home—never indoors—with the exhaust pointing away from your dwelling.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But inverter generators typically are far less noisy than traditional portable generators. If you’ve had to suffer through the din of a running portable generator, you can appreciate the value of that for your sanity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Inverter generators have other distinct advantages—and one notable drawback. So it’s helpful to know how they work, what makes them unique, and why they might be a worthwhile purchase.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Is an Inverter Generator Worth It?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The main drawback of inverter generators is their price. Though prices have been coming down somewhat, these units are still typically pricier than traditional portable generators with a comparable claimed wattage—from a few hundred to a couple of thousand dollars more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But their benefits—which have to do with how they work—may make up for that negative. Inverter generators electronically throttle the engine up and down to meet demand, instead of running full tilt all the time as traditional generators do. That makes them more efficient.<br><br>\"An inverter generator only ramps up as high as it needs to,\" says Misha Kollontai, the Consumer Reports engineer who oversees our generator testing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">That efficiency means you won’t have to fill up the gas tank as often; that could be useful if fuel is hard to come by after an emergency. Inverter generators also produce lower emissions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And the&nbsp;noise difference between inverter and traditional portable generators can be significant. “Inverter generators are generally quiet enough not to drown out nearby conversation,” Kollontai says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many inverter models in Consumer Reports’ generator ratings earn very good or even excellent scores for noise. In contrast, none of the traditional portable generators does better than middling, and quite a number score below that.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Are Inverter Generators Safer Than Other Portable Generators?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Carbon monoxide (CO) poisoning is a serious risk with all portable generators that aren’t used properly. Like other portables, inverter generators should only be used outside in an unenclosed area, at least 20 feet from your home, with the exhaust port pointing away from your dwelling.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To further reduce the risk of carbon monoxide poisoning, some new portable generators feature a built-in sensor that triggers an automatic shutoff if CO builds up to dangerous levels in an enclosed space. And some also have engines that emit less CO in the first place. The best generators come with both features.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Inverter generators are not inherently safer than other portable generators. Most of the inverter generators in our ratings have the automatic CO shutoff. But that’s also true of most of the traditional portable generators in our ratings.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can best ensure your household’s safety by choosing a recommended model from CR’s inverter generator ratings. Only portable and inverter generators with the automatic CO shutoff can earn our recommendation, regardless of how well the models perform otherwise. (In 2020, CR expanded its safety tests to distinguish between generators that simply have these safety features and those we’ve found to be demonstrably safer in various scenarios.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Size Inverter Generator Should You Get?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To help you make better sense of your options, we break our inverter generator ratings into four groups:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>1. Large Inverter Generators</strong><br>Most large inverter generators in our ratings weigh from around 150 to around 300 pounds (wheels included). That’s too big to haul along to a tailgate party but big enough to power your house. They generate 5,000 watts of power or more (at 220 volts).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This category of inverter generator can be connected directly to your electrical panel with a safety device called a transfer switch, which CR strongly recommends. That allows the generator to power entire circuits in your home rather than having to plug in individual electronics with extension cords.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>2. Midsized Inverter Generators</strong><br>These weigh 80 pounds or more and might come with wheels. They produce 2,500 to 5,000 watts but don’t allow the recommended option of connecting to an electrical panel with a transfer switch. Instead, you plug appliances or electronics directly into the generator, which can be dangerous if you don’t follow certain safety guidelines.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This size is well suited for users of recreational vehicles. These models put out all the power you need for plug-in appliances like a toaster or microwave, and they’re light enough to unload and carry away to a safe distance from your RV before use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>3. Small Recreational Inverter Generators</strong><br>Models of this category of our ratings generate 1,500 to 2,500 watts. That’s enough to be a steady source of basic backup power for a fridge, some lights, and a phone charger—but not much else. These units can’t be connected to a circuit breaker panel or used to power any device that doesn’t have a standard two- or three-prong plug. But you can link multiple inverter generators together with a special cable to combine their output. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many small recreational inverter models come with user-friendly features such as fuel-level indicators; some come with wheels. But these units typically weigh between 50 and 60 pounds, and are designed to be carried with one hand.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>4. Compact Inverter Generators</strong><br>You can plug two small appliances directly into the compact inverter generators in our ratings. They produce around 1,000 watts, enough power for tailgating or camping. These units lack convenience features like fuel gauges or standard wheels. With weights between 30 and 40 pounds, though, they’re designed for convenient, one-hand carrying.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Don’t let the small size of these units lull you into thinking you can bring them inside safely, however.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">“Even a smaller generator can emit hazardous levels of CO in an enclosed space, so make sure you get a unit with CO safety technology and follow placement guidelines,” Kollontai says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Our generator buying guide is a great place to get the lay of the land, and our full generator ratings will let you compare specific models. CR members can read on for ratings and reviews of four top-performing inverter generators, one each from the four sizes we test.</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/home-garden/generators/pros-and-cons-of-inverter-generators-a1104840654/?itm_source=parsely-api\">click here.</a></p>\n<!-- /wp:paragraph -->','Pros and Cons of Inverter Generators','','inherit','closed','closed','','3424-revision-v1','','','2023-09-01 12:09:26','2023-09-01 12:09:26','',3424,'http://smartinsurance.tips/?p=3426',0,'revision','',0),(3427,1,'2023-09-02 05:18:53','2023-09-02 05:18:53','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3428,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-42-1-1024x536.png\" alt=\"\" class=\"wp-image-3428\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance and general liability insurance are important coverage types for a small business. Together, they pay for a wide range of problems, including injuries and illnesses to your employees, accidental injuries and property damage to others and other types of claims, such as reputational harm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance is required in most states, even if you only have one employee. General liability insurance typically isn’t required by law for most professions, but it’s an essential coverage type that every small business should have.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Workers Compensation Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance is a type of small business insurance that pays for employees’ medical bills and partially lost wages if an employee becomes ill or injured because of their job. For example, if your employee breaks an arm while performing a job-related task, workers compensation insurance will pay for their medical bills and a portion of their lost wages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers comp also pays for ongoing care, such as physical therapy, lost wages for disability and death benefits if the employee dies due to workplace injury or illness. Death benefits can include a burial fee and survivor benefits which are a portion of the deceased worker’s salary for a certain time period. (The exact rules for survivor benefits vary by state.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Not Covered by Workers Comp?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance doesn’t generally cover:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Commuting to and from work, though an employee may be covered if they’re in a company vehicle or don’t have a physical office.</li><li>A workplace fight is not covered by workers comp, but if the fight was about work it may be covered.</li><li>Many states exclude workers comp coverage if substance abuse or intoxication contributed to the injury.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Who Needs Workers Compensation Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance is required for businesses with employees in most states, but the exact minimum amount of coverage varies by state and type of business. Companies without employees or those who are self-employed may also need workers compensation, but it depends on your state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Four examples of how workers compensation laws vary by state include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>California</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Employers must provide California workers compensation insurance benefits to their employees under California Labor Code Section 3700. The business must provide workers compensation coverage for each of those employees, including part-time workers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Florida</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Florida workers compensation insurance requirements include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Employers who have four or more employees, including business owners who are corporate officers or limited liability company (LLC) members.</li><li>Construction employers who have at least one employee, including business owners who are corporate officers or LLC members.</li><li>Agricultural employers with six regular employees and/or 12 seasonal employees who work more than 30 days during the season but no more than a total of 45 days in a calendar year.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Michigan</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Michigan workers compensation insurance requirements include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>All public employers.</li><li>All private employers who regularly employ at least one employee who works 35 hours or more per week for 13 weeks or longer.</li><li>All private employers who regularly employ at least three employees at one time, including part-time employees.</li><li>Agricultural employers if they employ at least three employees, who work 35 hours or more per week for 13 or more consecutive weeks.</li><li>Household employers with domestic servants who work 35 hours or more per week for 13 weeks or longer.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Washington</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Washington workers compensation insurance is required for businesses with at least one employee, including part-time workers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is General Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance is a type of small business insurance that covers your business for accidental property damage and injuries caused to others, such as a customer. It also covers problems like copyright infringement, reputational harm and advertising injury. General liability insurance also covers legal costs, judgments and settlements if you are sued because of an accident or a claim such as reputational harm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance includes coverage for these issues.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_654631\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Coverage</th><th scope=\"col\">When a claim may be made</th><th scope=\"col\">Example</th></tr></thead><tbody><tr><td>Bodily injury caused by your business operations</td><td>Your business accidentally causes bodily injury to someone else (not including your employees).</td><td>Medical expenses are covered if a customer is injured on your business property. If the customer decides to sue your business, general liability insurance also pays your defense costs.</td></tr><tr><td>Property damage liability claim</td><td>Your business accidentally causes property damage.</td><td>An employee accidentally damages a customer’s smartphone or an outdoor sign falls on a customer’s car.</td></tr><tr><td>Advertising injury</td><td>Your business violates a copyright or damages someone’s reputation.</td><td>Your business uses artwork in an advertisement without getting permission or you do something that harms someone’s reputation, such as saying something negative in a media interview.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Not Covered by General Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance doesn’t cover many types of issues that a company may face. Problems not covered by general liability insurance include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Employee injuries and illnesses</li><li>Business’ property damage</li><li>Theft</li><li>Business-related car accidents</li><li>Business-related errors</li><li>Liability damages beyond your coverage limits</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Who Needs General Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance isn’t required by law for most professions, but work contracts, licenses and leases may require that you get the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, real estate agents, accountants and dentists need licenses and those licenses require general liability insurance. General contractors and landscapers may need coverage as part of working with larger companies. Some states require construction contractors and developers to have general liability insurance in their licensing requirements. Professionals who rent an office may need general liability insurance to get a lease.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Other situations in which you may benefit from general liability insurance include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>You have customers or vendors who visit your business.</li><li>You use third-party locations for business activities.</li><li>You advertise or market your business.</li><li>You use social media professionally or personally.</li><li>You have temporary employees.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Differences Between Workers Compensation and General Liability Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Three key differences between workers comp and general liability coverage are who is covered, whether it’s required and how each is sold.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_654644\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Differences</th><th scope=\"col\">Workers compensation insurance</th><th scope=\"col\">General liability insurance</th></tr></thead><tbody><tr><td>Who it covers</td><td>Employees</td><td>Claims involving non-employees</td></tr><tr><td>Requirement</td><td>Required in most states if you have employees</td><td>Not required by law, but may be mandated by licensing boards, clients, landlords or financial lenders</td></tr><tr><td>How it’s sold</td><td>On its own</td><td>On its own or as part of a business owners policy (BOP)</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Cost Differences Between Workers Comp and General Liability</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>A stand-alone general liability insurance policy costs an average of $42 per month.</strong> You can typically save money by getting general liability insurance through a business owners policy (BOP). A BOP bundles general liability insurance, business property insurance and business interruption insurance and costs an average of $57 per month. A BOP is cheaper than buying these three essential coverage types separately.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Workers comp costs an average of 93 cents for every $100 in payroll annually</strong>, according to The Hartford, which reports that most of its customers with less than $300,000 in payroll pay $70 per month, on average. The exact rate for your small business can differ significantly depending on the industry, state and past workers comp claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you work in an industry like accounting or finance, your business will be viewed as less risky than someone working in the construction industry. This will mean lower workers compensation insurance rates.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The state where you live impacts the rate because each state has its own workers compensation laws.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A claims history also influences workers compensation premiums. If your business has had a number of workers compensation claims in the past, you’ll see an increase in your workers comp insurance costs. Both the number of claims and the seriousness are considered when determining the workers comp rate for a business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Type of Insurance Does Your Business Need?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are multiple types of coverage, but whether you need them for your small business insurance depends on your profession, company and risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_654649\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Type of coverage</th><th scope=\"col\">What it covers</th></tr></thead><tbody><tr><td>Business interruption insurance</td><td>Lost business income if you’re unable to open your business on a temporary basis due to a loss covered by the policy, such as a fire or theft.</td></tr><tr><td>Business owners policy (BOP) insurance</td><td>Combines general liability coverage with commercial property insurance and business interruption insurance.</td></tr><tr><td>Commercial auto insurance</td><td>Car accidents while doing company business.</td></tr><tr><td>Commercial property insurance</td><td>Theft and damage of company property.</td></tr><tr><td>Commercial umbrella insurance</td><td>Liability coverage beyond your general liability insurance policy.</td></tr><tr><td>Employment practices liability insurance</td><td>Settlements for claims against your business for wrongful termination or violations of employee rights</td></tr><tr><td>Errors and omissions insurance (E&amp;O), also called professional liability insurance</td><td>Claims of mistakes made in professional services.</td></tr><tr><td>General liability insurance</td><td>Bodily injuries and property damage accidentally caused by your business, and advertising injuries.</td></tr><tr><td>Inland marine insurance</td><td>Business property while it’s temporarily stored at an off-site location or in transit over land by automobiles, trucks and trains.</td></tr><tr><td>Workers compensation insurance</td><td>Employee injuries and illnesses.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Should I Have General Liability and Workers Comp Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have any employees, you’ll be required to have workers compensation insurance in most states (even if it’s just one employee).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You may be required to have general liability insurance depending on your state and profession. For example, some states require construction contractors to have it. You also might need to have general liability insurance as a condition of your licensing, contract or office lease.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Even if you aren’t required to have general liability insurance, it’s worth having. An expensive lawsuit for a problem like bodily injuries, property damage or reputational harm could potentially bankrupt your company. Without general liability insurance, you would have to pay for these types of claims out of pocket.</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.forbes.com/advisor/business-insurance/workers-comp-vs-general-liability/\">click here.</a></p>\n<!-- /wp:paragraph -->','Workers Compensation Vs. General Liability Insurance','','publish','closed','closed','','workers-compensation-vs-general-liability-insurance','','','2023-09-02 05:18:53','2023-09-02 05:18:53','',0,'http://smartinsurance.tips/?p=3427',0,'post','',0),(3428,1,'2023-09-02 05:02:24','2023-09-02 05:02:24','','My-project-1-42-1','','inherit','closed','closed','','my-project-1-42-1','','','2023-09-02 05:02:24','2023-09-02 05:02:24','',3427,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-42-1.png',0,'attachment','image/png',0),(3430,1,'2023-09-02 05:06:42','2023-09-02 05:06:42','','image-1','','inherit','closed','closed','','image-1-5','','','2023-09-02 05:06:42','2023-09-02 05:06:42','',3427,'http://smartinsurance.tips/wp-content/uploads/2023/09/image-1.png',0,'attachment','image/png',0),(3429,1,'2023-09-02 05:05:40','2023-09-02 05:05:40','','image','','inherit','closed','closed','','image-9','','','2023-09-02 05:05:40','2023-09-02 05:05:40','',3427,'http://smartinsurance.tips/wp-content/uploads/2023/09/image.png',0,'attachment','image/png',0),(3431,1,'2023-09-02 05:18:53','2023-09-02 05:18:53','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3428,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-42-1-1024x536.png\" alt=\"\" class=\"wp-image-3428\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance and general liability insurance are important coverage types for a small business. Together, they pay for a wide range of problems, including injuries and illnesses to your employees, accidental injuries and property damage to others and other types of claims, such as reputational harm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance is required in most states, even if you only have one employee. General liability insurance typically isn’t required by law for most professions, but it’s an essential coverage type that every small business should have.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Workers Compensation Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance is a type of small business insurance that pays for employees’ medical bills and partially lost wages if an employee becomes ill or injured because of their job. For example, if your employee breaks an arm while performing a job-related task, workers compensation insurance will pay for their medical bills and a portion of their lost wages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers comp also pays for ongoing care, such as physical therapy, lost wages for disability and death benefits if the employee dies due to workplace injury or illness. Death benefits can include a burial fee and survivor benefits which are a portion of the deceased worker’s salary for a certain time period. (The exact rules for survivor benefits vary by state.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Not Covered by Workers Comp?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance doesn’t generally cover:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Commuting to and from work, though an employee may be covered if they’re in a company vehicle or don’t have a physical office.</li><li>A workplace fight is not covered by workers comp, but if the fight was about work it may be covered.</li><li>Many states exclude workers comp coverage if substance abuse or intoxication contributed to the injury.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Who Needs Workers Compensation Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance is required for businesses with employees in most states, but the exact minimum amount of coverage varies by state and type of business. Companies without employees or those who are self-employed may also need workers compensation, but it depends on your state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Four examples of how workers compensation laws vary by state include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>California</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Employers must provide California workers compensation insurance benefits to their employees under California Labor Code Section 3700. The business must provide workers compensation coverage for each of those employees, including part-time workers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Florida</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Florida workers compensation insurance requirements include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Employers who have four or more employees, including business owners who are corporate officers or limited liability company (LLC) members.</li><li>Construction employers who have at least one employee, including business owners who are corporate officers or LLC members.</li><li>Agricultural employers with six regular employees and/or 12 seasonal employees who work more than 30 days during the season but no more than a total of 45 days in a calendar year.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Michigan</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Michigan workers compensation insurance requirements include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>All public employers.</li><li>All private employers who regularly employ at least one employee who works 35 hours or more per week for 13 weeks or longer.</li><li>All private employers who regularly employ at least three employees at one time, including part-time employees.</li><li>Agricultural employers if they employ at least three employees, who work 35 hours or more per week for 13 or more consecutive weeks.</li><li>Household employers with domestic servants who work 35 hours or more per week for 13 weeks or longer.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Washington</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Washington workers compensation insurance is required for businesses with at least one employee, including part-time workers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is General Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance is a type of small business insurance that covers your business for accidental property damage and injuries caused to others, such as a customer. It also covers problems like copyright infringement, reputational harm and advertising injury. General liability insurance also covers legal costs, judgments and settlements if you are sued because of an accident or a claim such as reputational harm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance includes coverage for these issues.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_654631\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Coverage</th><th scope=\"col\">When a claim may be made</th><th scope=\"col\">Example</th></tr></thead><tbody><tr><td>Bodily injury caused by your business operations</td><td>Your business accidentally causes bodily injury to someone else (not including your employees).</td><td>Medical expenses are covered if a customer is injured on your business property. If the customer decides to sue your business, general liability insurance also pays your defense costs.</td></tr><tr><td>Property damage liability claim</td><td>Your business accidentally causes property damage.</td><td>An employee accidentally damages a customer’s smartphone or an outdoor sign falls on a customer’s car.</td></tr><tr><td>Advertising injury</td><td>Your business violates a copyright or damages someone’s reputation.</td><td>Your business uses artwork in an advertisement without getting permission or you do something that harms someone’s reputation, such as saying something negative in a media interview.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Not Covered by General Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance doesn’t cover many types of issues that a company may face. Problems not covered by general liability insurance include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Employee injuries and illnesses</li><li>Business’ property damage</li><li>Theft</li><li>Business-related car accidents</li><li>Business-related errors</li><li>Liability damages beyond your coverage limits</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Who Needs General Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance isn’t required by law for most professions, but work contracts, licenses and leases may require that you get the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, real estate agents, accountants and dentists need licenses and those licenses require general liability insurance. General contractors and landscapers may need coverage as part of working with larger companies. Some states require construction contractors and developers to have general liability insurance in their licensing requirements. Professionals who rent an office may need general liability insurance to get a lease.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Other situations in which you may benefit from general liability insurance include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>You have customers or vendors who visit your business.</li><li>You use third-party locations for business activities.</li><li>You advertise or market your business.</li><li>You use social media professionally or personally.</li><li>You have temporary employees.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Differences Between Workers Compensation and General Liability Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Three key differences between workers comp and general liability coverage are who is covered, whether it’s required and how each is sold.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_654644\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Differences</th><th scope=\"col\">Workers compensation insurance</th><th scope=\"col\">General liability insurance</th></tr></thead><tbody><tr><td>Who it covers</td><td>Employees</td><td>Claims involving non-employees</td></tr><tr><td>Requirement</td><td>Required in most states if you have employees</td><td>Not required by law, but may be mandated by licensing boards, clients, landlords or financial lenders</td></tr><tr><td>How it’s sold</td><td>On its own</td><td>On its own or as part of a business owners policy (BOP)</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Cost Differences Between Workers Comp and General Liability</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>A stand-alone general liability insurance policy costs an average of $42 per month.</strong> You can typically save money by getting general liability insurance through a business owners policy (BOP). A BOP bundles general liability insurance, business property insurance and business interruption insurance and costs an average of $57 per month. A BOP is cheaper than buying these three essential coverage types separately.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Workers comp costs an average of 93 cents for every $100 in payroll annually</strong>, according to The Hartford, which reports that most of its customers with less than $300,000 in payroll pay $70 per month, on average. The exact rate for your small business can differ significantly depending on the industry, state and past workers comp claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you work in an industry like accounting or finance, your business will be viewed as less risky than someone working in the construction industry. This will mean lower workers compensation insurance rates.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The state where you live impacts the rate because each state has its own workers compensation laws.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A claims history also influences workers compensation premiums. If your business has had a number of workers compensation claims in the past, you’ll see an increase in your workers comp insurance costs. Both the number of claims and the seriousness are considered when determining the workers comp rate for a business.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Type of Insurance Does Your Business Need?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are multiple types of coverage, but whether you need them for your small business insurance depends on your profession, company and risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_654649\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Type of coverage</th><th scope=\"col\">What it covers</th></tr></thead><tbody><tr><td>Business interruption insurance</td><td>Lost business income if you’re unable to open your business on a temporary basis due to a loss covered by the policy, such as a fire or theft.</td></tr><tr><td>Business owners policy (BOP) insurance</td><td>Combines general liability coverage with commercial property insurance and business interruption insurance.</td></tr><tr><td>Commercial auto insurance</td><td>Car accidents while doing company business.</td></tr><tr><td>Commercial property insurance</td><td>Theft and damage of company property.</td></tr><tr><td>Commercial umbrella insurance</td><td>Liability coverage beyond your general liability insurance policy.</td></tr><tr><td>Employment practices liability insurance</td><td>Settlements for claims against your business for wrongful termination or violations of employee rights</td></tr><tr><td>Errors and omissions insurance (E&amp;O), also called professional liability insurance</td><td>Claims of mistakes made in professional services.</td></tr><tr><td>General liability insurance</td><td>Bodily injuries and property damage accidentally caused by your business, and advertising injuries.</td></tr><tr><td>Inland marine insurance</td><td>Business property while it’s temporarily stored at an off-site location or in transit over land by automobiles, trucks and trains.</td></tr><tr><td>Workers compensation insurance</td><td>Employee injuries and illnesses.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Should I Have General Liability and Workers Comp Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have any employees, you’ll be required to have workers compensation insurance in most states (even if it’s just one employee).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You may be required to have general liability insurance depending on your state and profession. For example, some states require construction contractors to have it. You also might need to have general liability insurance as a condition of your licensing, contract or office lease.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Even if you aren’t required to have general liability insurance, it’s worth having. An expensive lawsuit for a problem like bodily injuries, property damage or reputational harm could potentially bankrupt your company. Without general liability insurance, you would have to pay for these types of claims out of pocket.</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.forbes.com/advisor/business-insurance/workers-comp-vs-general-liability/\">click here.</a></p>\n<!-- /wp:paragraph -->','Workers Compensation Vs. General Liability Insurance','','inherit','closed','closed','','3427-revision-v1','','','2023-09-02 05:18:53','2023-09-02 05:18:53','',3427,'http://smartinsurance.tips/?p=3431',0,'revision','',0),(3432,1,'2023-09-02 05:31:51','2023-09-02 05:31:51','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3433,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-44-1024x536.png\" alt=\"\" class=\"wp-image-3433\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Any business that has employees, contractors, agents, partners and volunteers is at risk for vicarious liability lawsuits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, let’s say you own a contracting business and one of your employees operates machinery without following your instructions or safety protocols, resulting in injuries to someone else. The injured person can sue your company, despite your employee acting carelessly. That might seem unfair, but it’s a reality that many small businesses face.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Vicarious Liability in Business Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Vicarious liability is when your business is held legally responsible for another person’s actions and mistakes. Vicarious liability insurance is a part of several small business insurance policies that can pay the costs of a lawsuit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, general liability insurance, professional liability and workers compensation insurance all have a vicarious liability component built into them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Does Vicarious Liability Insurance Cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Vicarious liability insurance covers legal costs, settlements and judgments if you are sued because of an action or mistakes made by others who are working on your company’s behalf, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Agents</li><li>Contractors (including independent contractors)</li><li>Directors and officers</li><li>Employees</li><li>Partners</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some examples of vicarious liability claims:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Bodily injuries</li><li>Bullying</li><li>Copyright infringement</li><li>Discrimination</li><li>Harassment</li><li>Property damage</li><li>Slander or libel</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The types of problems that are covered by vicarious liability insurance will depend on the type of business insurance. For instance, your general liability insurance would cover a property damage claim, while your employment practices liability insurance would handle a discrimination claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Coverage Types Include Vicarious Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Several different types of small business insurance can cover vicarious liability claims, such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>General Liability Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance covers your business for bodily injuries and property damage caused to others. It covers legal costs, judgments and settlements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Suppose your employee overloads a dishwasher and it leaks onto the floor, causing a patron to slip and fall. Your general liability insurance covers the medical expenses and any legal costs if you are sued.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Directors and Officers Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Directors and officers insurance (D&amp;O) covers your company for claims of wrongdoings by your directors and officers, such as misrepresentation of company assets, copyright infringement and theft of intellectual property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if a director of your company is sued for causing a financial loss or bankruptcy, your D&amp;O insurance can cover the legal costs, judgment and or settlement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Employment Practices Liability Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Employment practices liability insurance (EPLI) covers your legal costs for claims such as harrassment, wrongful termination, discrimination and privacy invasion.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if a former employee claims your manager violated their employee rights, your EPLI would cover your company’s legal costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Errors and Omissions Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Errors and omissions insurance (E&amp;O) covers claims of professional mistakes, such as providing inaccurate advice, misrepresentation, and violation of good faith and fair dealing. E&amp;O insurance is also called professional liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Suppose an accountant working on your behalf provides inaccurate advice to a client, leading to a tax penalty. Your E&amp;O insurance would cover the costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Workers Compensation Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance covers your employees who become ill or injured while performing job-related tasks. It covers expenses such as medical bills, lost wages and disability benefits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if an employee operates machinery they are not authorized to operate, resulting in an injury to another employee, your workers compensation insurance will cover their medical bills and other costs (such as lost wages).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Do I Need Vicarious Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have employees or others who work on your company’s behalf—such as contractors, directors, officers or volunteers—you will need vicarious liability insurance. That’s because an action or mistake by a representative of your company could result in a lawsuit. Without business insurance, your company could face major financial consequences.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, if one of your employees is accused of age discrimination against another employee, your company could face a lawsuit. Even if the claim has no merit, you would still need to pay out of pocket for a legal defense if you didn’t have employment practices liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Much Does Vicarious Liability Insurance Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The typical cost of general liability insurance is $42 per month</strong>. A general liability insurance policy will cover claims of accidental property damage and bodily injury claims to others. Your costs will vary depending on your business type, number of employees, payroll, location and other factors.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But a general liability insurance policy alone may be inadequate for your company’s needs. For example, if you have employees, you’ll also need workers compensation insurance. Here’s a look at the average cost for business insurance policies that include coverage for vicarious liability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Examples of Vicarious Liability Insurance Costs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The costs of insurance that cover vicarious liability claims usually range from $42 to $182 per month.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_607559\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Business insurance type</th><th scope=\"col\">Median cost per month</th></tr></thead><tbody><tr><td>General liability insurance</td><td>$42</td></tr><tr><td>Directors and officers insurance</td><td>$103</td></tr><tr><td>Employment practices liability insurance</td><td>$182</td></tr><tr><td>Errors and omissions insurance</td><td>$59</td></tr><tr><td>Workers compensation insurance</td><td>$45</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Do I Get Vicarious Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A great place to start is with a business owners policy (BOP). A BOP includes general liability insurance, covering vicarious liability claims of bodily injuries and property damage. A BOP also includes commercial property insurance and business interruption insurance, which covers problems like stolen or damaged business property and lost income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can add other coverage types to your BOP to cover other areas where your business is at risk for vicarious liability claims. For example, you can add workers compensation insurance, errors and omission insurance and employment practices liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s a good idea to speak with an independent insurance agent to help you identify the potential risks affecting your business and what coverage types will fit your company’s needs.</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.forbes.com/advisor/business-insurance/vicarious-liability-business-insurance/\">click here.</a></p>\n<!-- /wp:paragraph -->','Vicarious Liability In Business Insurance','','publish','closed','closed','','vicarious-liability-in-business-insurance','','','2023-09-02 05:31:51','2023-09-02 05:31:51','',0,'http://smartinsurance.tips/?p=3432',0,'post','',0),(3433,1,'2023-09-02 05:25:45','2023-09-02 05:25:45','','My-project-1-44','','inherit','closed','closed','','my-project-1-44','','','2023-09-02 05:25:45','2023-09-02 05:25:45','',3432,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-44.png',0,'attachment','image/png',0),(3434,1,'2023-09-02 05:31:51','2023-09-02 05:31:51','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3433,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-44-1024x536.png\" alt=\"\" class=\"wp-image-3433\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Any business that has employees, contractors, agents, partners and volunteers is at risk for vicarious liability lawsuits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, let’s say you own a contracting business and one of your employees operates machinery without following your instructions or safety protocols, resulting in injuries to someone else. The injured person can sue your company, despite your employee acting carelessly. That might seem unfair, but it’s a reality that many small businesses face.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Vicarious Liability in Business Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Vicarious liability is when your business is held legally responsible for another person’s actions and mistakes. Vicarious liability insurance is a part of several small business insurance policies that can pay the costs of a lawsuit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, general liability insurance, professional liability and workers compensation insurance all have a vicarious liability component built into them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Does Vicarious Liability Insurance Cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Vicarious liability insurance covers legal costs, settlements and judgments if you are sued because of an action or mistakes made by others who are working on your company’s behalf, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Agents</li><li>Contractors (including independent contractors)</li><li>Directors and officers</li><li>Employees</li><li>Partners</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some examples of vicarious liability claims:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Bodily injuries</li><li>Bullying</li><li>Copyright infringement</li><li>Discrimination</li><li>Harassment</li><li>Property damage</li><li>Slander or libel</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The types of problems that are covered by vicarious liability insurance will depend on the type of business insurance. For instance, your general liability insurance would cover a property damage claim, while your employment practices liability insurance would handle a discrimination claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Coverage Types Include Vicarious Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Several different types of small business insurance can cover vicarious liability claims, such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>General Liability Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">General liability insurance covers your business for bodily injuries and property damage caused to others. It covers legal costs, judgments and settlements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Suppose your employee overloads a dishwasher and it leaks onto the floor, causing a patron to slip and fall. Your general liability insurance covers the medical expenses and any legal costs if you are sued.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Directors and Officers Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Directors and officers insurance (D&amp;O) covers your company for claims of wrongdoings by your directors and officers, such as misrepresentation of company assets, copyright infringement and theft of intellectual property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if a director of your company is sued for causing a financial loss or bankruptcy, your D&amp;O insurance can cover the legal costs, judgment and or settlement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Employment Practices Liability Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Employment practices liability insurance (EPLI) covers your legal costs for claims such as harrassment, wrongful termination, discrimination and privacy invasion.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if a former employee claims your manager violated their employee rights, your EPLI would cover your company’s legal costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Errors and Omissions Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Errors and omissions insurance (E&amp;O) covers claims of professional mistakes, such as providing inaccurate advice, misrepresentation, and violation of good faith and fair dealing. E&amp;O insurance is also called professional liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Suppose an accountant working on your behalf provides inaccurate advice to a client, leading to a tax penalty. Your E&amp;O insurance would cover the costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Workers Compensation Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Workers compensation insurance covers your employees who become ill or injured while performing job-related tasks. It covers expenses such as medical bills, lost wages and disability benefits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if an employee operates machinery they are not authorized to operate, resulting in an injury to another employee, your workers compensation insurance will cover their medical bills and other costs (such as lost wages).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Do I Need Vicarious Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have employees or others who work on your company’s behalf—such as contractors, directors, officers or volunteers—you will need vicarious liability insurance. That’s because an action or mistake by a representative of your company could result in a lawsuit. Without business insurance, your company could face major financial consequences.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, if one of your employees is accused of age discrimination against another employee, your company could face a lawsuit. Even if the claim has no merit, you would still need to pay out of pocket for a legal defense if you didn’t have employment practices liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Much Does Vicarious Liability Insurance Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The typical cost of general liability insurance is $42 per month</strong>. A general liability insurance policy will cover claims of accidental property damage and bodily injury claims to others. Your costs will vary depending on your business type, number of employees, payroll, location and other factors.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But a general liability insurance policy alone may be inadequate for your company’s needs. For example, if you have employees, you’ll also need workers compensation insurance. Here’s a look at the average cost for business insurance policies that include coverage for vicarious liability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Examples of Vicarious Liability Insurance Costs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The costs of insurance that cover vicarious liability claims usually range from $42 to $182 per month.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure id=\"footable_607559\" class=\"wp-block-table\"><table><thead><tr><th scope=\"col\">Business insurance type</th><th scope=\"col\">Median cost per month</th></tr></thead><tbody><tr><td>General liability insurance</td><td>$42</td></tr><tr><td>Directors and officers insurance</td><td>$103</td></tr><tr><td>Employment practices liability insurance</td><td>$182</td></tr><tr><td>Errors and omissions insurance</td><td>$59</td></tr><tr><td>Workers compensation insurance</td><td>$45</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Do I Get Vicarious Liability Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A great place to start is with a business owners policy (BOP). A BOP includes general liability insurance, covering vicarious liability claims of bodily injuries and property damage. A BOP also includes commercial property insurance and business interruption insurance, which covers problems like stolen or damaged business property and lost income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can add other coverage types to your BOP to cover other areas where your business is at risk for vicarious liability claims. For example, you can add workers compensation insurance, errors and omission insurance and employment practices liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s a good idea to speak with an independent insurance agent to help you identify the potential risks affecting your business and what coverage types will fit your company’s needs.</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.forbes.com/advisor/business-insurance/vicarious-liability-business-insurance/\">click here.</a></p>\n<!-- /wp:paragraph -->','Vicarious Liability In Business Insurance','','inherit','closed','closed','','3432-revision-v1','','','2023-09-02 05:31:51','2023-09-02 05:31:51','',3432,'http://smartinsurance.tips/?p=3434',0,'revision','',0),(3435,1,'2023-09-03 04:32:44','2023-09-03 04:32:44','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Garagekeepers Insurance Covers Third-Party Liability.</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\":3436,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-45-1024x536.png\" alt=\"\" class=\"wp-image-3436\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0\">Garagekeepers liability insurance protects your firm against claims that result from damage to vehicles owned by your customers. As the following example demonstrates, this coverage is important if your company repairs, services, stores, or parks other people\'s autos.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-2\">Example</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-3\">Art owns a small auto repair business called A-1 Auto Service. He employs two mechanics, Bill and Ed. One day, a customer named Susan drops off her pickup truck so the shop can install a new alternator. Bill completes the work and then prepares to take the truck for a test drive. He is backing the vehicle out of the bay when he accidentally collides with a car Ed is driving into a second bay. That vehicle belongs to Frank, another customer. Both vehicles sustain body damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-5\">Art notifies Susan and Frank about the accident and subsequently pays the cost of repairing the damage to their vehicles. A-1 Auto Service is insured under general liability and commercial auto policies. Art isn\'t sure which policy will cover the repair costs so he submits claims to both insurers. He\'s dismayed when both deny coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-7\">The insurers cite the care, custody or control exclusion in their respective policies. The exclusion precludes coverage for property damage to property in the insured\'s care, custody or control. The claims aren\'t covered by either policy because the vehicles were in the repair shop\'s custody when the damage occurred.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-9\">Art could have protected his shop against claims arising from damage to customers\' vehicles by purchasing <em>garagekeepers coverage.</em> This coverage may be added to a commercial auto (or motor carrier) policy via an endorsement. It is designed for businesses that take custody of customers\' vehicles in order to park, store or perform work on them. Examples are valet parking services, auto repair shops, body shops, and auto glass shops.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-11\">Garagekeepers Liability Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-12\">Garagekeepers liability insurance covers sums you must legally pay as damages for loss to a customer\'s auto (or its equipment) left in your care while you are attending, servicing, repairing, parking or storing it in your&nbsp;<em>garage operations</em>. This term means the use of locations for the purpose of a business of selling, servicing, repairing, parking or storing customer\'s autos. Three coverage options are available:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul id=\"mntl-sc-block_1-0-14\" class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Comprehensive.&nbsp;</strong>Covers damage to a customer\'s auto from any cause except the auto\'s collision with another object or the auto\'s overturn</li><li><strong>Specified Causes of Loss.</strong>&nbsp;Cheaper than comprehensive coverage. Covers damage caused by fire, lightning, explosion, theft, mischief or vandalism.</li><li><strong>Collision.&nbsp;</strong>Covers damage to a customer\'s auto caused by its collision with another object or the auto\'s overturn</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-16\">The coverages described above are the same options provided under auto physical damage coverage. However, garagekeepers insurance is a third-party (liability) coverage while auto physical damage insurance is a first-party (property) coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-18\">When your auto insurer provides garagekeepers insurance, it has a duty to defend you against suits covered by the policy. The policy includes coverage for Supplementary Payments, which pay costs your insurer incurs to defend you against covered claims. These costs are covered in addition to the policy limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-20\">Exclusions</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-22\">Garagekeepers liability typically excludes claims or loss involving any of the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul id=\"mntl-sc-block_1-0-24\" class=\"has-black-color has-text-color has-large-font-size\"><li>War, warlike action, insurrection, etc.</li><li>Theft by you, your employees or shareholders</li><li>Liability assumed under a contract</li><li>Defective parts or materials</li><li>Faulty work</li><li>Tape decks, CD players, and similar equipment not permanently installed in the vehicle</li><li>Radar detectors</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-26\">Limits and Deductibles</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">The most your insurer will pay for each loss at each location is the garagekeepers limit of insurance minus the applicable deductible. Comprehensive or Specified Causes of Loss coverage may include two deductibles: one that applies to each vehicle and an \"each event\" deductible, which is the most that will be deducted for all loss in one event. The collision deductible applies to each vehicle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-30\">Direct Coverage or Legal Liability</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-32\">Garagekeepers coverage normally applies on a&nbsp;<em>legal liability</em>&nbsp;basis. That is, it covers loss to customers\' vehicles only if you are legally liable for the damage. In the A-1 Auto Service scenario described above, the business is clearly liable for the damage to the customers\' autos because the damage was caused by A-1 employees\' negligence.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-34\">Customers\' vehicles could be damaged by perils that occur regardless of fault. An example is a tornado. Your business would not be legally liable for vehicle damage caused by a tornado, which is considered an Act of God. Nevertheless, you might choose to pay for the damage as a gesture of goodwill. The damage would be covered by your garagekeepers insurance if you have purchased&nbsp;<em>direct garagekeepers coverage.&nbsp;</em>Direct insurance covers damage to customers\' vehicles whether or not you are legally liable for the loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-36\">Direct Excess or Primary</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-38\">Direct coverage may apply on a primary or excess basis.&nbsp;<em>Direct primary</em>&nbsp;coverage provides first-line coverage for damage to customers\' autos in your custody regardless of your liability. When your garagekeepers insurance provides direct coverage, the customer need not file a claim under his or her own auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-40\">Direct primary coverage can be expensive. A cheaper alternative is<em> excess direct </em>coverage. It affords secondary coverage for losses for which you are not legally liable. Coverage is excess over any collectible other insurance. For instance, suppose a customer\'s vehicle is insured for comprehensive coverage under his personal auto policy. If the vehicle is destroyed by a tornado while in your custody, the customer\'s comprehensive coverage will apply first. If the customer has no comprehensive coverage, your direct excess coverage will pay the loss.</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/garagekeepers-liability-462435\">click here.</a></p>\n<!-- /wp:paragraph -->','Learn About Garagekeepers Liability Insurance','','publish','closed','closed','','learn-about-garagekeepers-liability-insurance-2','','','2023-09-03 04:32:44','2023-09-03 04:32:44','',0,'http://smartinsurance.tips/?p=3435',0,'post','',0),(3436,1,'2023-09-03 04:28:46','2023-09-03 04:28:46','','My-project-1-45','','inherit','closed','closed','','my-project-1-45-2','','','2023-09-03 04:28:46','2023-09-03 04:28:46','',3435,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-45.png',0,'attachment','image/png',0),(3437,1,'2023-09-03 04:32:44','2023-09-03 04:32:44','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Garagekeepers Insurance Covers Third-Party Liability.</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\":3436,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-45-1024x536.png\" alt=\"\" class=\"wp-image-3436\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0\">Garagekeepers liability insurance protects your firm against claims that result from damage to vehicles owned by your customers. As the following example demonstrates, this coverage is important if your company repairs, services, stores, or parks other people\'s autos.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-2\">Example</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-3\">Art owns a small auto repair business called A-1 Auto Service. He employs two mechanics, Bill and Ed. One day, a customer named Susan drops off her pickup truck so the shop can install a new alternator. Bill completes the work and then prepares to take the truck for a test drive. He is backing the vehicle out of the bay when he accidentally collides with a car Ed is driving into a second bay. That vehicle belongs to Frank, another customer. Both vehicles sustain body damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-5\">Art notifies Susan and Frank about the accident and subsequently pays the cost of repairing the damage to their vehicles. A-1 Auto Service is insured under general liability and commercial auto policies. Art isn\'t sure which policy will cover the repair costs so he submits claims to both insurers. He\'s dismayed when both deny coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-7\">The insurers cite the care, custody or control exclusion in their respective policies. The exclusion precludes coverage for property damage to property in the insured\'s care, custody or control. The claims aren\'t covered by either policy because the vehicles were in the repair shop\'s custody when the damage occurred.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-9\">Art could have protected his shop against claims arising from damage to customers\' vehicles by purchasing <em>garagekeepers coverage.</em> This coverage may be added to a commercial auto (or motor carrier) policy via an endorsement. It is designed for businesses that take custody of customers\' vehicles in order to park, store or perform work on them. Examples are valet parking services, auto repair shops, body shops, and auto glass shops.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-11\">Garagekeepers Liability Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-12\">Garagekeepers liability insurance covers sums you must legally pay as damages for loss to a customer\'s auto (or its equipment) left in your care while you are attending, servicing, repairing, parking or storing it in your&nbsp;<em>garage operations</em>. This term means the use of locations for the purpose of a business of selling, servicing, repairing, parking or storing customer\'s autos. Three coverage options are available:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul id=\"mntl-sc-block_1-0-14\" class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Comprehensive.&nbsp;</strong>Covers damage to a customer\'s auto from any cause except the auto\'s collision with another object or the auto\'s overturn</li><li><strong>Specified Causes of Loss.</strong>&nbsp;Cheaper than comprehensive coverage. Covers damage caused by fire, lightning, explosion, theft, mischief or vandalism.</li><li><strong>Collision.&nbsp;</strong>Covers damage to a customer\'s auto caused by its collision with another object or the auto\'s overturn</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-16\">The coverages described above are the same options provided under auto physical damage coverage. However, garagekeepers insurance is a third-party (liability) coverage while auto physical damage insurance is a first-party (property) coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-18\">When your auto insurer provides garagekeepers insurance, it has a duty to defend you against suits covered by the policy. The policy includes coverage for Supplementary Payments, which pay costs your insurer incurs to defend you against covered claims. These costs are covered in addition to the policy limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-20\">Exclusions</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-22\">Garagekeepers liability typically excludes claims or loss involving any of the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul id=\"mntl-sc-block_1-0-24\" class=\"has-black-color has-text-color has-large-font-size\"><li>War, warlike action, insurrection, etc.</li><li>Theft by you, your employees or shareholders</li><li>Liability assumed under a contract</li><li>Defective parts or materials</li><li>Faulty work</li><li>Tape decks, CD players, and similar equipment not permanently installed in the vehicle</li><li>Radar detectors</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-26\">Limits and Deductibles</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">The most your insurer will pay for each loss at each location is the garagekeepers limit of insurance minus the applicable deductible. Comprehensive or Specified Causes of Loss coverage may include two deductibles: one that applies to each vehicle and an \"each event\" deductible, which is the most that will be deducted for all loss in one event. The collision deductible applies to each vehicle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-30\">Direct Coverage or Legal Liability</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-32\">Garagekeepers coverage normally applies on a&nbsp;<em>legal liability</em>&nbsp;basis. That is, it covers loss to customers\' vehicles only if you are legally liable for the damage. In the A-1 Auto Service scenario described above, the business is clearly liable for the damage to the customers\' autos because the damage was caused by A-1 employees\' negligence.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-34\">Customers\' vehicles could be damaged by perils that occur regardless of fault. An example is a tornado. Your business would not be legally liable for vehicle damage caused by a tornado, which is considered an Act of God. Nevertheless, you might choose to pay for the damage as a gesture of goodwill. The damage would be covered by your garagekeepers insurance if you have purchased&nbsp;<em>direct garagekeepers coverage.&nbsp;</em>Direct insurance covers damage to customers\' vehicles whether or not you are legally liable for the loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-36\">Direct Excess or Primary</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-38\">Direct coverage may apply on a primary or excess basis.&nbsp;<em>Direct primary</em>&nbsp;coverage provides first-line coverage for damage to customers\' autos in your custody regardless of your liability. When your garagekeepers insurance provides direct coverage, the customer need not file a claim under his or her own auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-40\">Direct primary coverage can be expensive. A cheaper alternative is<em> excess direct </em>coverage. It affords secondary coverage for losses for which you are not legally liable. Coverage is excess over any collectible other insurance. For instance, suppose a customer\'s vehicle is insured for comprehensive coverage under his personal auto policy. If the vehicle is destroyed by a tornado while in your custody, the customer\'s comprehensive coverage will apply first. If the customer has no comprehensive coverage, your direct excess coverage will pay the loss.</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/garagekeepers-liability-462435\">click here.</a></p>\n<!-- /wp:paragraph -->','Learn About Garagekeepers Liability Insurance','','inherit','closed','closed','','3435-revision-v1','','','2023-09-03 04:32:44','2023-09-03 04:32:44','',3435,'http://smartinsurance.tips/?p=3437',0,'revision','',0),(3438,1,'2023-09-03 04:41:49','2023-09-03 04:41:49','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3439,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-46-1024x536.png\" alt=\"\" class=\"wp-image-3439\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0\">Many businesses use company-owned vehicles to transport property. Accidents may occur while property is being loaded or unloaded from the auto. If the accident causes bodily injury or property damage to a third party, that person may file a claim or suit against the business. Fortunately, many claims that arise out loading or unloading are covered by a commercial auto policy. Here\'s an example.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-2\">Example</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-3\">Harry owns Happy HVAC Supplies, a company that sells heating and air conditioning equipment. Harry\'s company owns several trucks that it uses to deliver equipment to customers. The trucks are insured for liability under a business auto policy that lists Happy HVAC Supplies as the named insured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-5\">One day, Harry asks Bill, a Happy HVAC employee, to deliver an air conditioner to a customer named Fred. Bill loads the air conditioner onto a company truck and drives to Fred\'s business location. Bill is in the process of unloading the unit when he accidentally drops it. The air conditioner bounces onto Fred\'s foot. Fred suffers a fractured ankle. Fred files a bodily injury claim against Happy HVAC Supplies, seeking $25,000 in compensation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-7\">Auto Liability Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-8\">Claims that arise out of the loading or unloading of property onto or from an auto are generally covered under commercial auto liability insurance if the following three conditions are satisfied:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul id=\"mntl-sc-block_1-0-10\" class=\"has-black-color has-text-color has-large-font-size\"><li>The auto involved in the accident is a covered auto.</li><li>The plaintiff has sustained bodily injury or property damage as a result of the accident.</li><li>The person or company named in the claim or suit qualifies as an insured under the policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-12\">In the above example, the truck is a covered auto under Harry\'s auto liability insurance. Fred, the plaintiff, seeks damages for bodily injury he sustained in the accident. Harry\'s firm is an insured under the auto policy.&nbsp;Fred\'s bodily injury claim against Happy HVAC Supplies should be covered by the company\'s auto liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-14\">Liability Exclusions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-15\">Commercial auto liability coverage contains various exclusions that may apply to loading and unloading accidents.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-17\">1. Employee Injuries</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-19\">The policy excludes bodily injury claims filed by any of the insured\'s employees. In the Happy HVAC scenario outlined above, suppose that Bill strains his back when he drops the air conditioner. Harry has failed to purchase workers compensation insurance so Bill sues Happy HVAC for bodily injury. The claim won\'t be covered by Happy HVAC\'s auto policy due to the employee injury exclusion.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-21\">2. Damage to Property Being Loaded or Unloaded</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-23\">Property that you (or another insured) are loading or unloading onto or from an auto is deemed to be property in your \"care, custody or control.\" Damage to such property is excluded under auto liability insurance. In the Happy HVAC example, suppose that the air conditioner bounces off Fred\'s foot and then slams into the concrete driveway. The air conditioner is badly damaged. Fred files a property damage claim against Happy HVAC, demanding reimbursement of the $3500 he paid for the air conditioner.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-25\">The air conditioner was in Bill\'s custody when it was damaged in the accident. The \"care, custody or control\" exclusion will apply, and Happy HVAC\'s auto insurer will not pay for the damage to the machine.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-27\">Commercial auto liability insurance may cover third-party property damage that occurs during the loading or unloading process if the property is not subject to the \"care, custody or control\" exclusion. For example, suppose that Bill is unloading the air conditioner when he accidentally drops it onto the hood of a sports car parked nearby. The car belongs to one of Fred\'s customers. If the car owner files a property damage claim against Happy HVAC, the claim should be covered by the company\'s auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-29\">3. Movement by a Mechanical Device</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-31\">Property is often loaded or unloaded from a vehicle with the aid of a mechanical device such as a forklift. The auto policy excludes bodily injury or property damage caused by the movement of property with a mechanical device unless the device is attached to the auto. (This exclusion does not apply to a hand truck.) Suppose that Bill is using a forklift to unload the air conditioner when he accidentally dumps it onto Fred\'s foot. If Fred files a bodily injury claim against Happy HVAC, the claim will not be covered by the firm\'s auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-33\">Now suppose that Bill is unloading the air conditioner using a crane attached to the truck. Bill accidentally drops the air conditioner onto Fred\'s foot, causing an injury. If Bill seeks compensation for his injury from Happy HVAC, the claim should be covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-35\">General Liability Policy</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-36\">Claims that arise from the loading or unloading of property onto or from an auto, aircraft, or watercraft are excluded under a general liability policy. The policy also excludes the loading or unloading of property by the use of a hand truck or by a mechanical device attached to an auto, aircraft, or watercraft. These exclusions ensure that the loading and unloading coverage provided by the auto policy isn\'t duplicated in the liability policy.</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/auto-loading-or-unloading-accidents-462420\">click here.</a></p>\n<!-- /wp:paragraph -->','Auto Loading or Unloading Accidents','','publish','closed','closed','','auto-loading-or-unloading-accidents','','','2023-09-03 04:41:49','2023-09-03 04:41:49','',0,'http://smartinsurance.tips/?p=3438',0,'post','',0),(3439,1,'2023-09-03 04:38:34','2023-09-03 04:38:34','','My-project-1-46','','inherit','closed','closed','','my-project-1-46-2','','','2023-09-03 04:38:34','2023-09-03 04:38:34','',3438,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-46.png',0,'attachment','image/png',0),(3440,1,'2023-09-03 04:41:49','2023-09-03 04:41:49','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3439,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-46-1024x536.png\" alt=\"\" class=\"wp-image-3439\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0\">Many businesses use company-owned vehicles to transport property. Accidents may occur while property is being loaded or unloaded from the auto. If the accident causes bodily injury or property damage to a third party, that person may file a claim or suit against the business. Fortunately, many claims that arise out loading or unloading are covered by a commercial auto policy. Here\'s an example.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-2\">Example</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-3\">Harry owns Happy HVAC Supplies, a company that sells heating and air conditioning equipment. Harry\'s company owns several trucks that it uses to deliver equipment to customers. The trucks are insured for liability under a business auto policy that lists Happy HVAC Supplies as the named insured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-5\">One day, Harry asks Bill, a Happy HVAC employee, to deliver an air conditioner to a customer named Fred. Bill loads the air conditioner onto a company truck and drives to Fred\'s business location. Bill is in the process of unloading the unit when he accidentally drops it. The air conditioner bounces onto Fred\'s foot. Fred suffers a fractured ankle. Fred files a bodily injury claim against Happy HVAC Supplies, seeking $25,000 in compensation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-7\">Auto Liability Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-8\">Claims that arise out of the loading or unloading of property onto or from an auto are generally covered under commercial auto liability insurance if the following three conditions are satisfied:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul id=\"mntl-sc-block_1-0-10\" class=\"has-black-color has-text-color has-large-font-size\"><li>The auto involved in the accident is a covered auto.</li><li>The plaintiff has sustained bodily injury or property damage as a result of the accident.</li><li>The person or company named in the claim or suit qualifies as an insured under the policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-12\">In the above example, the truck is a covered auto under Harry\'s auto liability insurance. Fred, the plaintiff, seeks damages for bodily injury he sustained in the accident. Harry\'s firm is an insured under the auto policy.&nbsp;Fred\'s bodily injury claim against Happy HVAC Supplies should be covered by the company\'s auto liability insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-14\">Liability Exclusions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-15\">Commercial auto liability coverage contains various exclusions that may apply to loading and unloading accidents.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-17\">1. Employee Injuries</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-19\">The policy excludes bodily injury claims filed by any of the insured\'s employees. In the Happy HVAC scenario outlined above, suppose that Bill strains his back when he drops the air conditioner. Harry has failed to purchase workers compensation insurance so Bill sues Happy HVAC for bodily injury. The claim won\'t be covered by Happy HVAC\'s auto policy due to the employee injury exclusion.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-21\">2. Damage to Property Being Loaded or Unloaded</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-23\">Property that you (or another insured) are loading or unloading onto or from an auto is deemed to be property in your \"care, custody or control.\" Damage to such property is excluded under auto liability insurance. In the Happy HVAC example, suppose that the air conditioner bounces off Fred\'s foot and then slams into the concrete driveway. The air conditioner is badly damaged. Fred files a property damage claim against Happy HVAC, demanding reimbursement of the $3500 he paid for the air conditioner.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-25\">The air conditioner was in Bill\'s custody when it was damaged in the accident. The \"care, custody or control\" exclusion will apply, and Happy HVAC\'s auto insurer will not pay for the damage to the machine.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-27\">Commercial auto liability insurance may cover third-party property damage that occurs during the loading or unloading process if the property is not subject to the \"care, custody or control\" exclusion. For example, suppose that Bill is unloading the air conditioner when he accidentally drops it onto the hood of a sports car parked nearby. The car belongs to one of Fred\'s customers. If the car owner files a property damage claim against Happy HVAC, the claim should be covered by the company\'s auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-29\">3. Movement by a Mechanical Device</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-31\">Property is often loaded or unloaded from a vehicle with the aid of a mechanical device such as a forklift. The auto policy excludes bodily injury or property damage caused by the movement of property with a mechanical device unless the device is attached to the auto. (This exclusion does not apply to a hand truck.) Suppose that Bill is using a forklift to unload the air conditioner when he accidentally dumps it onto Fred\'s foot. If Fred files a bodily injury claim against Happy HVAC, the claim will not be covered by the firm\'s auto policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-33\">Now suppose that Bill is unloading the air conditioner using a crane attached to the truck. Bill accidentally drops the air conditioner onto Fred\'s foot, causing an injury. If Bill seeks compensation for his injury from Happy HVAC, the claim should be covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-35\">General Liability Policy</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-36\">Claims that arise from the loading or unloading of property onto or from an auto, aircraft, or watercraft are excluded under a general liability policy. The policy also excludes the loading or unloading of property by the use of a hand truck or by a mechanical device attached to an auto, aircraft, or watercraft. These exclusions ensure that the loading and unloading coverage provided by the auto policy isn\'t duplicated in the liability policy.</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/auto-loading-or-unloading-accidents-462420\">click here.</a></p>\n<!-- /wp:paragraph -->','Auto Loading or Unloading Accidents','','inherit','closed','closed','','3438-revision-v1','','','2023-09-03 04:41:49','2023-09-03 04:41:49','',3438,'http://smartinsurance.tips/?p=3440',0,'revision','',0),(3463,0,'2023-09-14 02:05:22','2023-09-14 02:05:22','<!-- wp:navigation-link {\"className\":\" menu-item menu-item-type-post_type menu-item-object-page menu-item-home\",\"description\":\"\",\"id\":\"1789\",\"kind\":\"post-type\",\"label\":\"10 Important Ages for Retirement Planning\",\"opensInNewTab\":false,\"rel\":null,\"title\":\"\",\"type\":\"page\",\"url\":\"https://smartinsurance.tips/\"} /-->','Main Menu','','publish','closed','closed','','main-menu','','','2023-09-14 02:05:22','2023-09-14 02:05:22','',0,'https://smartinsurance.tips/main-menu/',0,'wp_navigation','',0),(3536,1,'2023-10-13 16:42:57','2023-10-13 16:42:57','<!-- wp:paragraph -->\n<p>It can cost twice as much to insure a manufactured home as a traditional one. Here’s how to get a lower premium.</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\":3537,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-13-1024x1024.png\" alt=\"\" class=\"wp-image-3537\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Last year when my friend Tami Crandall from Spearfish, S.D., renewed her home insurance on her 2,400-square-foot, 1913 two-story farmhouse with a detached garage, the price tag was about what she expected: $1,800 for the year. But Tami’s daughter and son-in-law, who live just a hundred feet away in a 1,500-square-foot manufactured home—a factory-built structure that rests on a permanent metal chassis as its foundation—had to pay more than twice that amount, almost $4,000, for similar coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Manufactured homes, built in just a few facilities around the country and then shipped to a manufactured home park or land you own, are increasingly common. More than 22 million people in the U.S.—1 in 15—live in one, according to the Manufactured Housing Institute. In fact, since 2014, the number of new manufactured home shipments to homeowners nearly doubled. (Note that “mobile homes” are similar to manufactured homes but were built before 1976, when new building standards were introduced. Both are different from “modular homes,” which are more like traditional homes but built in a factory and shipped to your property to be placed on a foundation.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>One attraction of manufactured homes: their relatively low cost. Single-wides average $86,400 for 1,064 square feet of space, while doubles run about $158,600 for 1,757 square feet, according to the U.S. Census Bureau. Amenities can include open configurations, quartz kitchen countertops, crown molding, guest bedrooms and bathrooms, attached decks, wrap-around porches, fireplaces, vaulted ceilings, spa showers, and walk-in closets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But where the math that doesn’t always work out is how much a manufactured home might cost to insure: Though a manufactured home averages nearly half the size of a traditional home, its homeowners insurance can be twice as expensive. Tami, who’s been an insurance agent for 17 years, wasn’t surprised by the high rates her daughter paid.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, in Houston it costs an average of&nbsp;$2,474 to get $100,000 of coverage on a manufactured home, according to figures by Value Penguin, an insurance aggregator website. But getting $250,000 of coverage for a traditional home in Texas costs an average of just&nbsp;$1,967, according to Bankrate. Similar figures apply to owners of traditional homes in Florida, who spend an average $1,981 for their policies, while owners of manufactured homes pay up to $2,400.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>So what gives?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The insurance industry points to a manufactured home’s greater susceptibility to wind, hail damage, tornadoes, fire, theft, and vandalism compared with a traditional home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But Douglas Heller, director of insurance for the Consumer Federation of America, a nonprofit that advocates for consumer issues, says insurers are more likely to take advantage of “financially vulnerable” segments of the population, charging them higher premiums for policies with fewer benefits and less coverage compared with a larger home that’s insured next door.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Consumer advocates also say there may be outdated discrimination from the days when mobile home parks were mostly located in poor and crime-ridden ZIP codes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Why Owners of Manufactured Homes Might Pay More for Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The Manufactured Housing Institute, a trade organization for the industry, says many manufactured homes today are located in resort-like communities with features like pools and tennis courts, and that the homes are as safe as traditional-built homes. For example, MHI points to a 2013 National Fire Protection Association report showing that manufactured homes experience up to 44 percent fewer fires than traditional “site-built” homes. In addition, the federal codes, to which manufactured homes must be built, require fire retardant materials and at least two exterior doors for an emergency exit. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Plus, MHI says manufactured homes perform as well as traditional, or “site-built,” ones during a storm—although the group acknowledges they are more commonly located in areas such as the Midwest or South where tornadoes and other severe storms can occur. They also point out that proper installation and anchoring of a manufactured home can keep it safe in severe weather.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“There are some differences between the construction materials of a manufactured home and a traditional home,” acknowledges Dave Anderson, executive director of the National Manufactured Homeowners Association.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another difference: Some manufactured homes may be located in areas with higher risks for theft and vandalism. “But do those differences mean insurance costs would be a little higher? Maybe. But nearly twice as much? I don’t think so,” Anderson says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>One problem for manufactured home insurance buyers could be lack of competition among companies, says Joseph Sullivan, executive director of the Manufactured Home Owners Association of New Jersey, who also sits on a manufactured home advisory committee at the U.S. Department of Housing and Urban Development.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While there are more than a dozen national companies that sell homeowners insurance policies (think Allstate, Farmers, Liberty Mutual, State Farm, USAA, for example), Sullivan points out that there are only a handful of companies that insure manufactured homes, including Allstate, American Modern, Assurant, and Farmers/Foremost. Less competition, Sullivan says, can mean higher rates for the consumer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“If you go to, say, Geico, you’re going to get a policy through one of these companies,” Sullivan says. Indeed, Geico partners with Assurant, American Modern, and Foremost, among others.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Case in point: Tami Crandall, in S.D., had dozens of companies&nbsp;to choose from for her homeowners insurance; her daughter and son-in-law had only three.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Commonsense Suggestions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To start with, yes, you should insure your manufactured home, even though most states don’t require it, says Anderson. For one thing, your bank or manufactured-home community will probably require it. For another, it’s a smart move to protect what is likely your most important asset from unforeseen circumstances. Home insurance also covers your liability if someone else has an accident on your property or in your home, Anderson points out. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When it’s time to shop around for a policy, consider working with a local independent agent, which can be more efficient than looking for yourself online. Not sure whether an agent is truly independent, or is actually a broker for just one or two companies? Just ask, Crandall says.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>No matter which company you get your insurance from, here are a few tried-and-true suggestions to help you get the best deal.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Have the highest possible credit score.</strong> For nearly any kind of insurance, including manufactured home insurance, having the best possible score you can will help, says Chuck Bell, CR policy analyst who works on credit scores and insurance issues. Although CR advocates think it is unfair and potentially discriminatory to use credit history to set premium rates, for now your best course of action is to review your credit report for free at AnnualCreditReport.com, correct any errors you find with the credit bureaus, and deal with any debt collection notices on your report—both of which could easily raise your score once resolved.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Ask about bundling.&nbsp;</strong>It’s always worth asking for quotes from insurance companies where you already have a policy, and finding out whether there’s a discount for getting, say, your car and home insurance policies from the same company. You could save 10 to 15 percent, Crandall says. One example: American Family says bundling home and auto policies could save you up to 23 percent.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Consider a higher deductible.&nbsp;</strong>Increasing your deductible—the amount you’ll first pay out of pocket before your insurance—from $500 to $1,000 or even $1,500 could save several hundred dollars off your premium.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Pay the premium in full.&nbsp;</strong>Doing so could save between 5 and 15&nbsp;percent, Crandall says. Also, ask whether using an electronic funds transfer could net you additional savings. Paying via EFT might save you around 3 percent of your monthly or annual premium.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">7 Questions for a Lower Premium</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Manufactured homes have a few features and are subject to some requirements that are unique to the structure itself. As you shop around for insurance,&nbsp;ask these questions to see whether you could receive any discounts, which may vary by state.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>1. Are there discounts for security or smart home features?</strong> Any measures you take to deter vandalism or theft, such as having a security system or putting up fencing, could help lower your premium, Crandall says. American Family Insurance says it offers discounts for Smart home connections that can alert you to an emergency. Foremost says having a security alarm or central alarm could net you a discount in some states.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Anything that’s going to increase your safety, such as alarms or fencing, typically qualifies for some sort of discount,” says Scott Holeman, spokesperson for the Institute of Insurance Information, an industry research group.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>2. What about safety measures against extreme weather threats or fire?</strong> Crandall says to also mention to your broker whether you’ve installed fire or CO2 alarms or fire extinguishers, secured the home down with anchoring ties, or taken other steps such as installing heat tape around exposed pipes to avoid pipes bursting during cold weather. These may be required steps by the community you live in, and could save you money, Crandall says. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>3. What if you add wind-resistant features? </strong>Farmers Insurance says storm shutters and other hurricane-resistant components could net you a discount, which can vary by state. But in some states, like Florida, investing in wind-resistant shingles, carport materials, or doors might be required by the manufactured home community you live in, says Russell Watson, vice president for the southeast region for the National Manufactured Homeowners Association, and who runs a manufacturing home education program and sits on a HUD advisory committee. These can not only protect your property but also help you avoid damaging a neighbor’s home. Required or not, if you’ve taken these steps, mention it to your insurance agent in case a discount is available. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>4. What if the home is situated in a \"park\" community?&nbsp;</strong>These are communities&nbsp;for manufactured homes that generally have on-site management and provide maintenance<strong>.&nbsp;</strong>Although the amount may vary by state, insurers may provide discounts for homes in such places. If your home is located in one, you could save around 5 percent off your premium.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>5. Is there a discount for being the original owner, or being over the age of 55?&nbsp;</strong>Although not every insurer will offer these discounts, Allstate says it provides up to a 5 percent discount every year off your premium if you are the original title holder and up to 10 percent if you’re over age 55.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>6. Is there a discount for a newer manufactured home?&nbsp;</strong>American Family Insurance, for example, says it offers discounts to homes that are less than four years old. Foremost says it offers discounts in most states for newer homes and sometimes even for homes older than five years.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>7. Are there any price breaks for going multiple years without a claim?</strong> If you haven’t made a claim on a policy you’ve had for several years, ask whether you can get a discount. But if you’re shopping for a new policy, and have made claims in the past, don’t try to hide that information, Crandall says. Insurers use a central database lookup tool that tracks all consumer claims for up to about five years. So be honest when filling out your application forms or you may appear to be a potentially unreliable client. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Bonus: Are you, your spouse, or your parent a veteran?</strong> Join USAA for access to manufactured home insurance. Good to know: You can be divorced from a USAA member and not yet remarried, or widowed, and still be eligible for all USAA benefits (not just insurance).</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/how-to-save-on-insurance-for-a-manufactured-home-a7960045232/\">click here.</a></p>\n<!-- /wp:paragraph -->','How to Save on Insurance for a Manufactured Home','','publish','open','open','','how-to-save-on-insurance-for-a-manufactured-home','','','2023-10-13 16:42:57','2023-10-13 16:42:57','',0,'http://smartinsurance.tips/?p=3536',0,'post','',0),(3443,1,'2023-09-03 11:09:53','2023-09-03 11:09:53','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3445,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-47-1024x536.png\" alt=\"\" class=\"wp-image-3445\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0\">What Is a First-Loss Policy?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-1\">A first-loss policy is a type of property insurance policy that provides only partial insurance. In the event of a claim, the policyholder agrees to accept an amount less than the full value of damaged, destroyed, or stolen property. In return, the insurer agrees to not penalize the policyholder for under-insuring their goods or property—for example, by not raising rates on renewal premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>A first-loss policy is a type of property insurance policy that provides only partial insurance.</li><li>In the event of damage, the policyholder does not seek compensation for losses below the pre-established first-loss level.</li><li>A first-loss insurance policyholder should benefit from paying a lower premium for partial protection against property losses.</li><li>Unfortunately, a first-loss policy may leave an individual underinsured and forced to pay for some damages out-of-pocket.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-5\">Understanding the First-Loss Policy</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-6\">First-loss policies are most commonly used as theft or burglary insurance to insure against events where a total loss is extremely rare (i.e., the burglary of all goods contained in a large store). In a first-loss policy claim event, the policyholder does not seek compensation for losses below the first-loss level. Premiums are calculated proportionately, meaning they are not based on the full value of total goods or property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-8\">First-loss insurance&nbsp;is also considered first when filing any claims&nbsp;if someone carries more than one policy for a given threat to their property. The coverage provided can actually be more comprehensive, which can be important for costly assets that might otherwise be difficult or impossible to insure.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-10\">Other types of property insurance, such as water damage coverage or insurance against theft-related losses at home can also be insured on a first-loss basis. A first-loss policy may have lower premiums than a policy that covers your property’s full value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Important:</strong> First-loss policies may come with a large deductible, in which the insurance would cover the difference between your deductible and the maximum benefit you chose.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-14\">Advantages and Disadvantages of First-Loss Policies</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-15\"><strong>Pros of First-Loss Policies</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-16\">First-loss insurance policies are generally more affordable than traditional full-coverage policies because they provide coverage for a specific amount. As a result, policyholders pay lower premiums compared to comprehensive policies that cover the full value of their assets. This allows policyholders to select the coverage amount based on their needs and risk exposure.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-18\">Like other forms of insurance, first-loss insurance is an effective risk management tool for businesses or individuals. However, unlike other forms of insurance, processing claims under a first-loss insurance policy is usually faster and more straightforward. Since the coverage is limited to a specific amount, the claims process is less complex and requires less documentation compared to comprehensive policies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-20\">First-loss policies can also complement existing insurance coverage. For instance, they can be used as an additional layer of protection on top of primary insurance policies to address specific risks or to fill gaps in coverage. Policyholders ultimately have the flexibility to choose the deductible amount they are comfortable with and premium they want to pay with a first-loss policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-22\"><strong>Cons of First-Loss Policies</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-23\">The primary downside of a first-loss insurance policy is somewhat obvious. This type of coverage is has a limited coverage amount. The policy only provides coverage up to the predetermined first-loss limit which might be insufficient to cover the full extent of a significant loss or catastrophic event. If the loss exceeds the chosen limit, the policyholder is responsible for covering the remaining expenses out of pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-25\">Since first-loss policies are designed to cover specific assets or risks, they do not offer comprehensive protection for all assets or liabilities. This may leave certain assets or risks uninsured or underinsured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-27\">For businesses or individuals with varying risks and assets, managing multiple first-loss policies or combining them with other types of insurance might be necessary. Unfortunately, coordinating different policies can become complicated and may require expert advice to ensure comprehensive protection. In some cases, missed gaps may leave assets uninsured or underinsured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Pros</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>May be more affordable than other forms of coverage</li><li>Allows for insured to tailor their coverage</li><li>May reduce overall claim complexity compared to other forms of coverage</li><li>Protects against certain types of risk</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Cons</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Has a limited coverage amount</li><li>May leave assets uninsured or underinsured</li><li>May result in the insured still having to pay out of pocket</li><li>May increase overall claim complexity based on how claims interact with each other</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-32\">Tips for Determining First-Loss Insurance Limit</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-33\">When evaluating whether a first-loss insurance policy is for you, start by identifying the assets, properties, or risks that you want to protect. For each identified risk, conduct a risk analysis to evaluate the potential financial impact of a loss. You\'ll want to evaluate not only the likelihood of the risk occurring but also the severity of the potential loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-35\">Some of the decision-making revolves around self-reflection, and you should assess your risk tolerance level. Your risk tolerance will influence the level of coverage you desire and the first loss limit you feel comfortable with. For example, consider whether you\'d personally rather pay a higher premium for more coverage or a lower premium for less.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-37\">When looking at your assets, consider the current market value of the items you want to insure. High-value assets may require higher first loss limits, while lower-value assets may need more modest coverage. If you are a business owner, consider potential business interruption costs when setting the limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-39\">Insurance agents or brokers with expertise in first loss insurance can provide valuable insights. They can help you navigate the decision-making process and guide you in selecting the appropriate coverage levels. They can also help you reevaluate your policy periodically to adjust your first-loss limit to ensure it remains suitable for your evolving needs and risk exposure.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-41\">Example of First-Loss Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-42\">Consider this&nbsp;example of a typical situation in which&nbsp;this type of insurance might&nbsp;be in effect. If a store owner held $2.5 million worth of goods in their&nbsp;store but&nbsp;figured&nbsp;that the most they&nbsp;could lose at any one time due to theft or burglary would be approximately $50,000, they&nbsp;might obtain a first-loss policy for that amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-44\">In the event that the store was burglarized and the owner lost more than $125,000 worth of stock, they&nbsp;would only be compensated for&nbsp;$50,000&nbsp;of the loss, as stated under the first-loss policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Is First-Loss Coverage Different from Traditional Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Traditional insurance policies provide coverage for the full value of assets or risks, while first-loss insurance offers coverage only up to a specified limit. It is more tailored and cost-effective, but policyholders must prioritize their coverage based on risk exposure.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Can First-Loss Insurance Policies Be Combined With Other Coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, first-loss insurance policies can be combined with other insurance coverage to create a comprehensive risk management strategy. This approach allows policyholders to address different risks effectively.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Can I Adjust the First-Loss Limit Over Time?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, policyholders can adjust the first-loss limit to reflect changes in their risk profile or asset values. This flexibility allows for tailored coverage that aligns with evolving needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Do I Obtain a First-Loss Insurance Policy?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To obtain a first-loss insurance policy, individuals or businesses can contact insurance providers or brokers specializing in this type of coverage. They will guide you through the process of assessing risks and selecting appropriate coverage limits for your unique situation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-54\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-55\">First-loss insurance policies offer coverage up to a specified limit, allowing policyholders to prioritize protection for high-value assets or specific risks. They are cost-effective, customizable, and suitable for individuals or businesses with diverse risk exposures.</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/terms/f/first-loss-policy.asp\">click here.</a></p>\n<!-- /wp:paragraph -->','First-Loss Policy: Definition, Purpose, Examples','','publish','closed','closed','','first-loss-policy-definition-purpose-examples','','','2023-09-03 11:09:53','2023-09-03 11:09:53','',0,'http://smartinsurance.tips/?p=3443',0,'post','',0),(3444,1,'2023-09-03 11:01:39','2023-09-03 11:01:39','','My-project-1-46-1','','inherit','closed','closed','','my-project-1-46-1','','','2023-09-03 11:01:39','2023-09-03 11:01:39','',3443,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-46-1.png',0,'attachment','image/png',0),(3445,1,'2023-09-03 11:02:17','2023-09-03 11:02:17','','My-project-1-47','','inherit','closed','closed','','my-project-1-47-2','','','2023-09-03 11:02:17','2023-09-03 11:02:17','',3443,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-47.png',0,'attachment','image/png',0),(3446,1,'2023-09-03 11:09:53','2023-09-03 11:09:53','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3445,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-47-1024x536.png\" alt=\"\" class=\"wp-image-3445\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0\">What Is a First-Loss Policy?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-1\">A first-loss policy is a type of property insurance policy that provides only partial insurance. In the event of a claim, the policyholder agrees to accept an amount less than the full value of damaged, destroyed, or stolen property. In return, the insurer agrees to not penalize the policyholder for under-insuring their goods or property—for example, by not raising rates on renewal premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>A first-loss policy is a type of property insurance policy that provides only partial insurance.</li><li>In the event of damage, the policyholder does not seek compensation for losses below the pre-established first-loss level.</li><li>A first-loss insurance policyholder should benefit from paying a lower premium for partial protection against property losses.</li><li>Unfortunately, a first-loss policy may leave an individual underinsured and forced to pay for some damages out-of-pocket.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-5\">Understanding the First-Loss Policy</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-6\">First-loss policies are most commonly used as theft or burglary insurance to insure against events where a total loss is extremely rare (i.e., the burglary of all goods contained in a large store). In a first-loss policy claim event, the policyholder does not seek compensation for losses below the first-loss level. Premiums are calculated proportionately, meaning they are not based on the full value of total goods or property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-8\">First-loss insurance&nbsp;is also considered first when filing any claims&nbsp;if someone carries more than one policy for a given threat to their property. The coverage provided can actually be more comprehensive, which can be important for costly assets that might otherwise be difficult or impossible to insure.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-10\">Other types of property insurance, such as water damage coverage or insurance against theft-related losses at home can also be insured on a first-loss basis. A first-loss policy may have lower premiums than a policy that covers your property’s full value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Important:</strong> First-loss policies may come with a large deductible, in which the insurance would cover the difference between your deductible and the maximum benefit you chose.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-14\">Advantages and Disadvantages of First-Loss Policies</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-15\"><strong>Pros of First-Loss Policies</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-16\">First-loss insurance policies are generally more affordable than traditional full-coverage policies because they provide coverage for a specific amount. As a result, policyholders pay lower premiums compared to comprehensive policies that cover the full value of their assets. This allows policyholders to select the coverage amount based on their needs and risk exposure.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-18\">Like other forms of insurance, first-loss insurance is an effective risk management tool for businesses or individuals. However, unlike other forms of insurance, processing claims under a first-loss insurance policy is usually faster and more straightforward. Since the coverage is limited to a specific amount, the claims process is less complex and requires less documentation compared to comprehensive policies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-20\">First-loss policies can also complement existing insurance coverage. For instance, they can be used as an additional layer of protection on top of primary insurance policies to address specific risks or to fill gaps in coverage. Policyholders ultimately have the flexibility to choose the deductible amount they are comfortable with and premium they want to pay with a first-loss policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-22\"><strong>Cons of First-Loss Policies</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-23\">The primary downside of a first-loss insurance policy is somewhat obvious. This type of coverage is has a limited coverage amount. The policy only provides coverage up to the predetermined first-loss limit which might be insufficient to cover the full extent of a significant loss or catastrophic event. If the loss exceeds the chosen limit, the policyholder is responsible for covering the remaining expenses out of pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-25\">Since first-loss policies are designed to cover specific assets or risks, they do not offer comprehensive protection for all assets or liabilities. This may leave certain assets or risks uninsured or underinsured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-27\">For businesses or individuals with varying risks and assets, managing multiple first-loss policies or combining them with other types of insurance might be necessary. Unfortunately, coordinating different policies can become complicated and may require expert advice to ensure comprehensive protection. In some cases, missed gaps may leave assets uninsured or underinsured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Pros</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>May be more affordable than other forms of coverage</li><li>Allows for insured to tailor their coverage</li><li>May reduce overall claim complexity compared to other forms of coverage</li><li>Protects against certain types of risk</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Cons</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Has a limited coverage amount</li><li>May leave assets uninsured or underinsured</li><li>May result in the insured still having to pay out of pocket</li><li>May increase overall claim complexity based on how claims interact with each other</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-32\">Tips for Determining First-Loss Insurance Limit</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-33\">When evaluating whether a first-loss insurance policy is for you, start by identifying the assets, properties, or risks that you want to protect. For each identified risk, conduct a risk analysis to evaluate the potential financial impact of a loss. You\'ll want to evaluate not only the likelihood of the risk occurring but also the severity of the potential loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-35\">Some of the decision-making revolves around self-reflection, and you should assess your risk tolerance level. Your risk tolerance will influence the level of coverage you desire and the first loss limit you feel comfortable with. For example, consider whether you\'d personally rather pay a higher premium for more coverage or a lower premium for less.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-37\">When looking at your assets, consider the current market value of the items you want to insure. High-value assets may require higher first loss limits, while lower-value assets may need more modest coverage. If you are a business owner, consider potential business interruption costs when setting the limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-39\">Insurance agents or brokers with expertise in first loss insurance can provide valuable insights. They can help you navigate the decision-making process and guide you in selecting the appropriate coverage levels. They can also help you reevaluate your policy periodically to adjust your first-loss limit to ensure it remains suitable for your evolving needs and risk exposure.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-41\">Example of First-Loss Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-42\">Consider this&nbsp;example of a typical situation in which&nbsp;this type of insurance might&nbsp;be in effect. If a store owner held $2.5 million worth of goods in their&nbsp;store but&nbsp;figured&nbsp;that the most they&nbsp;could lose at any one time due to theft or burglary would be approximately $50,000, they&nbsp;might obtain a first-loss policy for that amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-44\">In the event that the store was burglarized and the owner lost more than $125,000 worth of stock, they&nbsp;would only be compensated for&nbsp;$50,000&nbsp;of the loss, as stated under the first-loss policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Is First-Loss Coverage Different from Traditional Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Traditional insurance policies provide coverage for the full value of assets or risks, while first-loss insurance offers coverage only up to a specified limit. It is more tailored and cost-effective, but policyholders must prioritize their coverage based on risk exposure.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Can First-Loss Insurance Policies Be Combined With Other Coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, first-loss insurance policies can be combined with other insurance coverage to create a comprehensive risk management strategy. This approach allows policyholders to address different risks effectively.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Can I Adjust the First-Loss Limit Over Time?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, policyholders can adjust the first-loss limit to reflect changes in their risk profile or asset values. This flexibility allows for tailored coverage that aligns with evolving needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Do I Obtain a First-Loss Insurance Policy?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To obtain a first-loss insurance policy, individuals or businesses can contact insurance providers or brokers specializing in this type of coverage. They will guide you through the process of assessing risks and selecting appropriate coverage limits for your unique situation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-54\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-55\">First-loss insurance policies offer coverage up to a specified limit, allowing policyholders to prioritize protection for high-value assets or specific risks. They are cost-effective, customizable, and suitable for individuals or businesses with diverse risk exposures.</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/terms/f/first-loss-policy.asp\">click here.</a></p>\n<!-- /wp:paragraph -->','First-Loss Policy: Definition, Purpose, Examples','','inherit','closed','closed','','3443-revision-v1','','','2023-09-03 11:09:53','2023-09-03 11:09:53','',3443,'http://smartinsurance.tips/?p=3446',0,'revision','',0),(3447,1,'2023-09-03 11:26:53','2023-09-03 11:26:53','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3448,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-48-1024x536.png\" alt=\"\" class=\"wp-image-3448\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0\">What Is Indemnity?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-1\">Indemnity is a comprehensive form of insurance compensation for damage or loss. When the term indemnity is used in the legal sense, it&nbsp;may also refer to an exemption&nbsp;from liability for damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-3\">Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-5\">A typical example is an insurance contract, in which the insurer or the indemnitor agrees to compensate the other (the insured or the indemnitee) for any damage or losses in return for premiums paid by the insured to the insurer. With indemnity, the insurer indemnifies the policyholder—that is, promises to make whole the individual or business for any covered loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Indemnity is a comprehensive form of insurance compensation for damage or loss.</li><li>In an indemnity arrangement, one party agrees to pay for potential losses or damage caused by another party.</li><li>A typical example is an insurance contract, in which the insurer or the indemnitor agrees to compensate the other (the insured or the indemnitee) for any damage or losses in return for premiums paid by the insured to the insurer.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-11\">How Indemnity Works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-12\">An indemnity clause is standard in the majority of insurance agreements. However, exactly what is covered, and to what extent, depends on the specific agreement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-14\">Any indemnity agreement has what is called a period of indemnity, or a specific length of time for which the payment is valid. Similarly, many contracts include a letter of indemnity, which guarantees that both parties will meet the contract stipulations (or else an indemnity must be paid).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-16\">Indemnity is common in agreements between an individual and a business (for example, an agreement to obtain car insurance). However, it can also apply on a larger scale to relationships between businesses and government or between governments of two or more countries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Important:</strong> Indemnity clauses can be complicated to negotiate and can lead to increased costs of services because of the increased risk of the contract.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sometimes, governments, a business, or an entire industry must take on the costs of larger issues on behalf of the public, such as outbreaks of disease. For example, according to Reuters, Congress authorized $1 billion to fight a bird flu epidemic that devastated the U.S. poultry industry in 2014 and 2015. The U.S. Department of Agriculture spent $200 million of that money on indemnity payments paid to farmers who needed to kill their birds to stop the spread of the virus.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-22\">Special Considerations</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-23\"><strong>How Indemnity Is Paid</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-24\">Indemnity may be paid in the form of cash, or by way of repairs or replacement, depending on the terms of the indemnity agreement. For example, in the case of home insurance, the homeowner pays insurance premiums to the insurance company in exchange for the assurance that the homeowner will be indemnified if the house sustains damage from fire, natural disasters, or other perils specified in the insurance agreement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-26\">In the event that the home is damaged significantly, the insurance company will be obligated to restore the property to its original state—either through repairs by authorized contractors or reimbursement to the homeowner for spending on such repairs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-28\"><strong>Indemnity Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-29\">Indemnity insurance is a way for a company (or individual) to obtain protection from indemnity claims. This insurance protects the holder from having to pay the full sum of an indemnity, even if the holder is responsible for the cause of the indemnity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-31\">Many companies make indemnity insurance a requirement, as lawsuits are common. Everyday examples include malpractice insurance, which is common coverage for those in the medical field, and errors and omissions insurance (E&amp;O), which protects companies and their employees against claims made by clients and applies to any given industry. Some companies also invest in deferred compensation indemnity insurance, which protects the money that companies expect to receive in the future.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning:</strong> As with any other form of insurance, indemnity insurance covers the costs of an indemnity claim, including, but not limited to, court costs, fees, and settlements. The amount covered by insurance depends on the specific agreement, and the cost of the insurance depends on many factors, including the policyholder\'s history of indemnity claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-35\">Property leases also include indemnity clauses. For example, in the case of a rental property, a tenant is typically responsible for damage due to negligence, fines, lawyer fees, and more depending on the agreement. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-37\"><strong>Acts of Indemnity</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-38\">An act of indemnity protects those who have acted illegally from being subject to penalties. This exemption typically applies to public officers, such as police officers or government officials, who are sometimes compelled to&nbsp;commit illegal acts in order to carry out the responsibilities of their jobs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-40\">Often, such protection is granted to a group of people who committed an illegal act for the common good, such as the assassination of a known dictator or terrorist leader.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-42\">History of Indemnity</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-43\">Although indemnity agreements haven\'t always had a formal name, they&nbsp;are not a new concept. Historically, indemnity agreements have served to ensure cooperation between individuals, businesses,&nbsp;and governments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-45\">In 1825, Haiti was forced to pay France what was then called an \"independence debt.\" The payments were intended to cover the losses that French plantation owners \"suffered\" after losing land and slaves. While this form of indemnity was incredibly unjust, it is one example of many historical cases that show the ways indemnity has been applied worldwide.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-47\">Another common form of indemnity is the reparations a winning country seeks from a losing country after a war. Depending on the amount and extent of the indemnity due, it can take years and even decades to pay off. One of the most well-known examples is the indemnity Germany paid after its role in World War I. Those reparations were finally paid off in 2010, almost a century after they were assessed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Indemnity in Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Indemnity is a comprehensive form of insurance compensation for damage or loss. It amounts to a contractual agreement between two parties in which one party agrees to pay for potential losses or damage caused by another party.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is the Purpose of Indemnity?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Indemnification, or indemnity, designates one party (the indemnifying party) as being required to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party damage claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is the Rule of Indemnity in Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">With indemnity insurance, one party commits to compensate another for prospective loss or damage. In insurance policies, in exchange for premiums paid by the insured to the insurer, the insurer offers to compensate the insured for any potential damage or losses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-55\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-56\">Indemnity is a type of insurance compensation paid for damage or loss. When the term is used in the legal sense, it also may refer to an exemption from liability for damage. Indemnity is a contractual agreement between two parties in which one party agrees to pay for potential losses or damage caused by another party. Typically, an insurance contract dictates that the insurer, also known as the indemnitor, agrees to compensate the other party involved (the insured or the indemnitee) for any damage or losses in return for premiums paid by the insured.</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/terms/i/indemnity.asp\">click here.</a></p>\n<!-- /wp:paragraph -->','Indemnity: What It Means in Insurance and the Law','','publish','closed','closed','','indemnity-what-it-means-in-insurance-and-the-law','','','2023-09-03 11:26:53','2023-09-03 11:26:53','',0,'http://smartinsurance.tips/?p=3447',0,'post','',0),(3448,1,'2023-09-03 11:18:41','2023-09-03 11:18:41','','My-project-1-48','','inherit','closed','closed','','my-project-1-48-2','','','2023-09-03 11:18:41','2023-09-03 11:18:41','',3447,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-48.png',0,'attachment','image/png',0),(3449,1,'2023-09-03 11:26:53','2023-09-03 11:26:53','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3448,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-48-1024x536.png\" alt=\"\" class=\"wp-image-3448\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0\">What Is Indemnity?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-1\">Indemnity is a comprehensive form of insurance compensation for damage or loss. When the term indemnity is used in the legal sense, it&nbsp;may also refer to an exemption&nbsp;from liability for damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-3\">Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-5\">A typical example is an insurance contract, in which the insurer or the indemnitor agrees to compensate the other (the insured or the indemnitee) for any damage or losses in return for premiums paid by the insured to the insurer. With indemnity, the insurer indemnifies the policyholder—that is, promises to make whole the individual or business for any covered loss.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Indemnity is a comprehensive form of insurance compensation for damage or loss.</li><li>In an indemnity arrangement, one party agrees to pay for potential losses or damage caused by another party.</li><li>A typical example is an insurance contract, in which the insurer or the indemnitor agrees to compensate the other (the insured or the indemnitee) for any damage or losses in return for premiums paid by the insured to the insurer.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-11\">How Indemnity Works</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-12\">An indemnity clause is standard in the majority of insurance agreements. However, exactly what is covered, and to what extent, depends on the specific agreement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-14\">Any indemnity agreement has what is called a period of indemnity, or a specific length of time for which the payment is valid. Similarly, many contracts include a letter of indemnity, which guarantees that both parties will meet the contract stipulations (or else an indemnity must be paid).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-16\">Indemnity is common in agreements between an individual and a business (for example, an agreement to obtain car insurance). However, it can also apply on a larger scale to relationships between businesses and government or between governments of two or more countries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Important:</strong> Indemnity clauses can be complicated to negotiate and can lead to increased costs of services because of the increased risk of the contract.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sometimes, governments, a business, or an entire industry must take on the costs of larger issues on behalf of the public, such as outbreaks of disease. For example, according to Reuters, Congress authorized $1 billion to fight a bird flu epidemic that devastated the U.S. poultry industry in 2014 and 2015. The U.S. Department of Agriculture spent $200 million of that money on indemnity payments paid to farmers who needed to kill their birds to stop the spread of the virus.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-22\">Special Considerations</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-23\"><strong>How Indemnity Is Paid</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-24\">Indemnity may be paid in the form of cash, or by way of repairs or replacement, depending on the terms of the indemnity agreement. For example, in the case of home insurance, the homeowner pays insurance premiums to the insurance company in exchange for the assurance that the homeowner will be indemnified if the house sustains damage from fire, natural disasters, or other perils specified in the insurance agreement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-26\">In the event that the home is damaged significantly, the insurance company will be obligated to restore the property to its original state—either through repairs by authorized contractors or reimbursement to the homeowner for spending on such repairs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-28\"><strong>Indemnity Insurance</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-29\">Indemnity insurance is a way for a company (or individual) to obtain protection from indemnity claims. This insurance protects the holder from having to pay the full sum of an indemnity, even if the holder is responsible for the cause of the indemnity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-31\">Many companies make indemnity insurance a requirement, as lawsuits are common. Everyday examples include malpractice insurance, which is common coverage for those in the medical field, and errors and omissions insurance (E&amp;O), which protects companies and their employees against claims made by clients and applies to any given industry. Some companies also invest in deferred compensation indemnity insurance, which protects the money that companies expect to receive in the future.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Warning:</strong> As with any other form of insurance, indemnity insurance covers the costs of an indemnity claim, including, but not limited to, court costs, fees, and settlements. The amount covered by insurance depends on the specific agreement, and the cost of the insurance depends on many factors, including the policyholder\'s history of indemnity claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-35\">Property leases also include indemnity clauses. For example, in the case of a rental property, a tenant is typically responsible for damage due to negligence, fines, lawyer fees, and more depending on the agreement. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-37\"><strong>Acts of Indemnity</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-38\">An act of indemnity protects those who have acted illegally from being subject to penalties. This exemption typically applies to public officers, such as police officers or government officials, who are sometimes compelled to&nbsp;commit illegal acts in order to carry out the responsibilities of their jobs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-40\">Often, such protection is granted to a group of people who committed an illegal act for the common good, such as the assassination of a known dictator or terrorist leader.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-42\">History of Indemnity</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-43\">Although indemnity agreements haven\'t always had a formal name, they&nbsp;are not a new concept. Historically, indemnity agreements have served to ensure cooperation between individuals, businesses,&nbsp;and governments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-45\">In 1825, Haiti was forced to pay France what was then called an \"independence debt.\" The payments were intended to cover the losses that French plantation owners \"suffered\" after losing land and slaves. While this form of indemnity was incredibly unjust, it is one example of many historical cases that show the ways indemnity has been applied worldwide.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-47\">Another common form of indemnity is the reparations a winning country seeks from a losing country after a war. Depending on the amount and extent of the indemnity due, it can take years and even decades to pay off. One of the most well-known examples is the indemnity Germany paid after its role in World War I. Those reparations were finally paid off in 2010, almost a century after they were assessed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is Indemnity in Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Indemnity is a comprehensive form of insurance compensation for damage or loss. It amounts to a contractual agreement between two parties in which one party agrees to pay for potential losses or damage caused by another party.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is the Purpose of Indemnity?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Indemnification, or indemnity, designates one party (the indemnifying party) as being required to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party damage claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What Is the Rule of Indemnity in Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">With indemnity insurance, one party commits to compensate another for prospective loss or damage. In insurance policies, in exchange for premiums paid by the insured to the insurer, the insurer offers to compensate the insured for any potential damage or losses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_1-0-55\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-56\">Indemnity is a type of insurance compensation paid for damage or loss. When the term is used in the legal sense, it also may refer to an exemption from liability for damage. Indemnity is a contractual agreement between two parties in which one party agrees to pay for potential losses or damage caused by another party. Typically, an insurance contract dictates that the insurer, also known as the indemnitor, agrees to compensate the other party involved (the insured or the indemnitee) for any damage or losses in return for premiums paid by the insured.</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/terms/i/indemnity.asp\">click here.</a></p>\n<!-- /wp:paragraph -->','Indemnity: What It Means in Insurance and the Law','','inherit','closed','closed','','3447-revision-v1','','','2023-09-03 11:26:53','2023-09-03 11:26:53','',3447,'http://smartinsurance.tips/?p=3449',0,'revision','',0),(3450,1,'2023-09-03 11:34:34','2023-09-03 11:34:34','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Information to help you find car insurance, no matter what your circumstances.</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\":3451,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-50-1024x536.png\" alt=\"\" class=\"wp-image-3451\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Auto insurance is mandated nearly everywhere in the United States. But it can be hard to get a policy if you have a poor driving record or are seen as a high risk for other reasons. This information will help you find coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Why you might be denied traditional coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Having auto insurance is necessary in order to legally drive a car in the United States. But you might find it difficult to get a policy through traditional private insurance companies if you are a high risk to them because:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>You have a poor driving record – </strong>A history of collisions, traffic violations or DUI/DWI convictions make it difficult—and extremely expensive—to get insurance.</li><li><strong>You have not driven long enough – </strong>It\'s harder to insure teenage drivers because of their inexperience behind the wheel, (and their greater tendency toward unsafe behaviors associated with youth).</li><li><strong>You have no insurance record or a bad insurance record – </strong>If you haven\'t owned your car very long, you\'re an unknown risk. A history of insurance violations or lapses for non-payment will also make you a poor risk.</li><li><strong>You have a bad credit rating – </strong>Many insurers use credit information as a predictor of risk, as people who do not effectively manage their credit tend to make more claims.</li><li><strong>You live in an area where theft and vandalism losses are high – </strong>The increased possibility of body damage, of stolen car parts—or of an entire stolen car—can make insurers turn you away.</li><li><strong>You own a special or high performance car – </strong>Custom or classic vehicles have their own insurance needs.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>Options if you\'re denied insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re denied insurance, the first step is to call another insurer—different companies have different parameters. However, if several insurers have denied you, you may need to consider these options:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Join a state assigned risk pool –</strong>&nbsp;Auto insurers participate on a voluntary basis in state assigned risk pools. Each insurer must accept the motorists assigned to it by the state.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While risk pool premiums are substantially higher than insurance obtained directly with a private company, they do provide auto coverage no matter what the driver\'s history. To find the assigned risk pool or the equivalent in your state, ask your insurance professional or the state insurance department.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Get a policy from a private insurance company that specializes in “high-risk” drivers –</strong>These insurers write \"non-standard\" policies for people with bad accident records, high-performance cars, or who live in high-risk neighborhoods. They also may be able to sell you more comprehensive coverage than is available through assigned risk pools.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To get a list of companies that sell non-standard auto insurance, contact your insurance professional, your state insurance department or Roughnotes, a company that serves the independent insurance agent market and can refer you to the appropriate brokers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>Take steps to become a lower risk for insurers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Having to resort to state risk pools or non-standard insurance reduces your choices and is more expensive. But the longer your clean driving and financial records, the better your chance to get back in the good graces of a traditional insurance company. To help:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Take a defensive driving course </strong>to learn the skills that can help you avoid accidents. Teens can benefit from driver education and safe driving practices.</li><li><strong>Drive safely and diligently obey traffic laws </strong>to avoid accidents and tickets for moving and other violations. Take extra care to avoid deer-car collisions and prevent road rage incidents.</li><li><strong>NEVER drink and drive. </strong>Make sure you have a designated driver when you go out.</li><li><strong>Repair your credit </strong>to show that you are financially responsible.</li><li><strong>Buy a safe car</strong>. You will drive more safely and if you do have an accident people will be less likely to sustain injuries.</li><li><strong>Take precautions against theft and carjacking</strong> with behaviors and car features that help prevent it.</li></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.iii.org/article/what-if-i-cant-find-auto-coverage\">click here.</a></p>\n<!-- /wp:paragraph -->','What if I can\'t find auto coverage?','','publish','closed','closed','','what-if-i-cant-find-auto-coverage','','','2023-09-03 11:34:34','2023-09-03 11:34:34','',0,'http://smartinsurance.tips/?p=3450',0,'post','',0),(3451,1,'2023-09-03 11:28:34','2023-09-03 11:28:34','','My-project-1-50','','inherit','closed','closed','','my-project-1-50','','','2023-09-03 11:28:34','2023-09-03 11:28:34','',3450,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-50.png',0,'attachment','image/png',0),(3452,1,'2023-09-03 11:34:34','2023-09-03 11:34:34','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Information to help you find car insurance, no matter what your circumstances.</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\":3451,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-50-1024x536.png\" alt=\"\" class=\"wp-image-3451\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Auto insurance is mandated nearly everywhere in the United States. But it can be hard to get a policy if you have a poor driving record or are seen as a high risk for other reasons. This information will help you find coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Why you might be denied traditional coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Having auto insurance is necessary in order to legally drive a car in the United States. But you might find it difficult to get a policy through traditional private insurance companies if you are a high risk to them because:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>You have a poor driving record – </strong>A history of collisions, traffic violations or DUI/DWI convictions make it difficult—and extremely expensive—to get insurance.</li><li><strong>You have not driven long enough – </strong>It\'s harder to insure teenage drivers because of their inexperience behind the wheel, (and their greater tendency toward unsafe behaviors associated with youth).</li><li><strong>You have no insurance record or a bad insurance record – </strong>If you haven\'t owned your car very long, you\'re an unknown risk. A history of insurance violations or lapses for non-payment will also make you a poor risk.</li><li><strong>You have a bad credit rating – </strong>Many insurers use credit information as a predictor of risk, as people who do not effectively manage their credit tend to make more claims.</li><li><strong>You live in an area where theft and vandalism losses are high – </strong>The increased possibility of body damage, of stolen car parts—or of an entire stolen car—can make insurers turn you away.</li><li><strong>You own a special or high performance car – </strong>Custom or classic vehicles have their own insurance needs.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>Options if you\'re denied insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re denied insurance, the first step is to call another insurer—different companies have different parameters. However, if several insurers have denied you, you may need to consider these options:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Join a state assigned risk pool –</strong>&nbsp;Auto insurers participate on a voluntary basis in state assigned risk pools. Each insurer must accept the motorists assigned to it by the state.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While risk pool premiums are substantially higher than insurance obtained directly with a private company, they do provide auto coverage no matter what the driver\'s history. To find the assigned risk pool or the equivalent in your state, ask your insurance professional or the state insurance department.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Get a policy from a private insurance company that specializes in “high-risk” drivers –</strong>These insurers write \"non-standard\" policies for people with bad accident records, high-performance cars, or who live in high-risk neighborhoods. They also may be able to sell you more comprehensive coverage than is available through assigned risk pools.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To get a list of companies that sell non-standard auto insurance, contact your insurance professional, your state insurance department or Roughnotes, a company that serves the independent insurance agent market and can refer you to the appropriate brokers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>Take steps to become a lower risk for insurers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Having to resort to state risk pools or non-standard insurance reduces your choices and is more expensive. But the longer your clean driving and financial records, the better your chance to get back in the good graces of a traditional insurance company. To help:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Take a defensive driving course </strong>to learn the skills that can help you avoid accidents. Teens can benefit from driver education and safe driving practices.</li><li><strong>Drive safely and diligently obey traffic laws </strong>to avoid accidents and tickets for moving and other violations. Take extra care to avoid deer-car collisions and prevent road rage incidents.</li><li><strong>NEVER drink and drive. </strong>Make sure you have a designated driver when you go out.</li><li><strong>Repair your credit </strong>to show that you are financially responsible.</li><li><strong>Buy a safe car</strong>. You will drive more safely and if you do have an accident people will be less likely to sustain injuries.</li><li><strong>Take precautions against theft and carjacking</strong> with behaviors and car features that help prevent it.</li></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.iii.org/article/what-if-i-cant-find-auto-coverage\">click here.</a></p>\n<!-- /wp:paragraph -->','What if I can\'t find auto coverage?','','inherit','closed','closed','','3450-revision-v1','','','2023-09-03 11:34:34','2023-09-03 11:34:34','',3450,'http://smartinsurance.tips/?p=3452',0,'revision','',0),(3453,1,'2023-09-03 11:37:17','2023-09-03 11:37:17','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Learn how insurers evaluate your driving record.</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\":3454,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-51-1024x536.png\" alt=\"\" class=\"wp-image-3454\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your driving record is taken into account when you get your auto policy—the more driving risk you\'ve demonstrated in the past, the more you might have to pay for your auto insurance premiums. So it makes sense that your insurer might re-evaluate your rates after claims or other driving incidents (such as moving violations) that are primarily your fault.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>Accidents and auto insurance premiums</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to evaluating your driving record for the purposes of reassessing your insurance rates, practices vary from company to company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In general, when you make a claim against your insurance policy above a specific amount due to an incident that is primarily your fault, an insurer will increase your premium by a certain percentage. The amounts and percentages and ceilings of these increases vary from company to company and these increases generally stay on your premium for three years following the claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Different insurers have different rules about what constitutes an unacceptably bad driving record. If your history gets markedly worse with serious traffic violations or you have several accidents, your insurance company may decide not to renew your policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some types of accidents are worse than others—for example, a drunk driving incident is likely to trigger a nonrenewal from virtually every insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>It\'s&nbsp;<em>always&nbsp;</em>best to report an accident</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re reluctant to file an auto insurance claim because you fear that your premium will go up or your policy will be canceled, understand that you will be taking a risk by not reporting an incident, even if the damage seems minor.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If anyone else involved in the accident sues you weeks or months later, not having reported the incident will make it harder for your insurer to gather evidence to represent you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Worse, your failure to promptly report the accident might put your insurance coverage in jeopardy: if your insurer isn\'t informed in a timely manner, the company may refuse to honor your policy altogether.</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.iii.org/article/if-i-file-claim-will-my-premium-go\">click here.</a></p>\n<!-- /wp:paragraph -->','Do auto insurance premiums go up after a claim?','','publish','closed','closed','','do-auto-insurance-premiums-go-up-after-a-claim','','','2023-09-03 11:37:17','2023-09-03 11:37:17','',0,'http://smartinsurance.tips/?p=3453',0,'post','',0),(3454,1,'2023-09-03 11:35:55','2023-09-03 11:35:55','','My-project-1-51','','inherit','closed','closed','','my-project-1-51','','','2023-09-03 11:35:55','2023-09-03 11:35:55','',3453,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-51.png',0,'attachment','image/png',0),(3455,1,'2023-09-03 11:37:17','2023-09-03 11:37:17','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Learn how insurers evaluate your driving record.</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\":3454,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-51-1024x536.png\" alt=\"\" class=\"wp-image-3454\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your driving record is taken into account when you get your auto policy—the more driving risk you\'ve demonstrated in the past, the more you might have to pay for your auto insurance premiums. So it makes sense that your insurer might re-evaluate your rates after claims or other driving incidents (such as moving violations) that are primarily your fault.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>Accidents and auto insurance premiums</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to evaluating your driving record for the purposes of reassessing your insurance rates, practices vary from company to company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In general, when you make a claim against your insurance policy above a specific amount due to an incident that is primarily your fault, an insurer will increase your premium by a certain percentage. The amounts and percentages and ceilings of these increases vary from company to company and these increases generally stay on your premium for three years following the claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Different insurers have different rules about what constitutes an unacceptably bad driving record. If your history gets markedly worse with serious traffic violations or you have several accidents, your insurance company may decide not to renew your policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some types of accidents are worse than others—for example, a drunk driving incident is likely to trigger a nonrenewal from virtually every insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\"><a></a>It\'s&nbsp;<em>always&nbsp;</em>best to report an accident</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re reluctant to file an auto insurance claim because you fear that your premium will go up or your policy will be canceled, understand that you will be taking a risk by not reporting an incident, even if the damage seems minor.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If anyone else involved in the accident sues you weeks or months later, not having reported the incident will make it harder for your insurer to gather evidence to represent you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Worse, your failure to promptly report the accident might put your insurance coverage in jeopardy: if your insurer isn\'t informed in a timely manner, the company may refuse to honor your policy altogether.</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.iii.org/article/if-i-file-claim-will-my-premium-go\">click here.</a></p>\n<!-- /wp:paragraph -->','Do auto insurance premiums go up after a claim?','','inherit','closed','closed','','3453-revision-v1','','','2023-09-03 11:37:17','2023-09-03 11:37:17','',3453,'http://smartinsurance.tips/?p=3455',0,'revision','',0),(3456,1,'2023-09-03 11:46:25','2023-09-03 11:46:25','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3457,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-53-1024x536.png\" alt=\"\" class=\"wp-image-3457\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’ve filed a claim after a car accident, there is always a possibility that your car insurance company could deny your claim. Although it is stressful to hear that your claim was denied, you can still appeal your insurance company’s decision. Before you start the appeals process, it can be helpful to first understand the reason for the rejection to help you plan your next steps. Bankrate’s insurance editorial team explains what can cause an auto insurance company to deny your claim and some options you can consider if you want to appeal the decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What’s a claim denial letter?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">After you file a claim with your auto insurance company, an insurance adjuster will be responsible for documenting the details of the accident. After analyzing the facts provided, the adjuster will determine whether or not the car insurance claim will be denied or accepted. If the accident is deemed not covered by your auto insurance policy, the insurance company will send you a formal letter stating what factors led to the decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A denied car insurance claim doesn’t necessarily mean the end of the claims process. If you do not agree with your insurer’s claim denial, you have the right to appeal the insurance company’s decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Why did my car insurance company deny my claim?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on the circumstances surrounding your car insurance claim, several factors could lead to your claim being denied. Police reports, eyewitness statements, recreating an accident scenario and more can influence the outcome of a submitted auto insurance claim. In some cases, a claim could even be denied due to bad faith or misrepresentation of the facts, making it important to be truthful and accurate to your car insurance company when reporting your claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you receive a denial letter, read it carefully, as it will typically include supporting evidence for the decision. Some common reasons a claim is denied include the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Lapsed insurance policy</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Failure to pay your insurance premium on time can result in a lapse in coverage, meaning you don’t have an active policy to file your claim against. Paying your auto and home insurance premiums on time is the best way to ensure coverage is in force when you have to file a claim. Whether you pay the policy term in full or use auto-pay to prevent missed payments, avoiding a lapse in coverage is crucial. In addition to the likelihood of your claim being denied, a lapse in coverage could also result in fines and other penalties, such as a suspension of your driver’s license and vehicle registration, depending on your state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Policy exclusions</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you purchase car insurance, pay attention to the coverages you choose and what they provide financial protection for. For example, you may have an older car and feel comprehensive and collision coverage is not needed. However, if your car is stolen or you cause an accident, the insurance company will not be able to assist without the proper coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When reviewing your claim, the adjuster can see your policy’s inclusions. Filing a claim for damage that you either lack coverage for or that is specifically excluded will result in a claims denial letter being sent by your insurer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Not enough coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It can be tempting to choose state minimum liability limits to keep the cost of car insurance low. While you may save on your premium, if you are involved in an accident with several injuries to others or hit an expensive car or building, you may exhaust your liability limits and be vulnerable to a devastating financial loss. For example, say you have $25,000 in property damage liability coverage but you total a car worth $40,000. The auto insurance company can pay up to the $25,000 allotted, but deny the remaining $15,000, which could leave you vulnerable to a lawsuit for the remaining amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Accident involving an uninsured motorist</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While most states require liability coverage, not all require uninsured motorist coverage. If someone causes an accident with you, provides false insurance information or does a hit-and-run, finding proper insurance details may be difficult or impossible. If you do not carry uninsured or underinsured motorist coverage, your claim could be denied.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">At-fault driver’s insurer denied your claim</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In instances where another driver is considered at fault, and their auto insurance company denies the claim, there could be several reasons why. Some examples include providing incorrect insurance details or not having enough or the right coverage. Additionally, if an accident occurs in a no-fault state, you are responsible for paying for your medical expenses up to your policy’s limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Appeal your car insurance claim denial</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can appeal the decision if you feel an error in the car insurance company’s claim denial. Most insurance companies have a process in place for you to contest a denied claim. Here are some steps to consider taking in appealing an auto insurance claim decision:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Gather evidence:</strong>&nbsp;Review any documentation provided by the insurance company and gather the evidence you need to appeal. This could include police reports, eyewitness information, photographs, medical reports and other supporting evidence. Make copies of everything to provide to the insurance company so you can keep the originals.</li><li><strong>Draft an appeal letter:</strong>&nbsp;This letter will spell out why you do not agree with the insurance company’s decision. Make sure you explain why each piece of information was provided in step one, such as any police reports. Provide as much detail as possible, referencing policy information and the claims denial letter as needed.</li><li><strong>Consider hiring an attorney:</strong>&nbsp;If you are not comfortable taking these steps or want an expert’s opinion, it may be a good idea to hire an attorney. They can review the case and supporting documents to draft a demand letter requiring the insurance company to respond and defend its claim denial. While it may cost you money upfront, it could be a worthwhile expense to have the claim denial overturned if you feel your insurer made the wrong decision.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Understanding the claim denial letter and why an auto insurance company decided not to make a payout is the first step in determining the validity of a denied car insurance claim. Most instances of auto claims denials are valid, although others may not be. In this case, appealing the insurance company’s decision can get the decision reversed or an offer made to cover the damages.</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/insurance-claim-denied/#appeal-your-car-insurance-claim-denial\">click here.</a></p>\n<!-- /wp:paragraph -->','What to do if a car insurance company denies your claim?','','publish','closed','closed','','what-to-do-if-a-car-insurance-company-denies-your-claim','','','2023-09-03 11:46:25','2023-09-03 11:46:25','',0,'http://smartinsurance.tips/?p=3456',0,'post','',0),(3457,1,'2023-09-03 11:39:15','2023-09-03 11:39:15','','My-project-1-53','','inherit','closed','closed','','my-project-1-53-2','','','2023-09-03 11:39:15','2023-09-03 11:39:15','',3456,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-53.png',0,'attachment','image/png',0),(3458,1,'2023-09-03 11:46:25','2023-09-03 11:46:25','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3457,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-53-1024x536.png\" alt=\"\" class=\"wp-image-3457\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’ve filed a claim after a car accident, there is always a possibility that your car insurance company could deny your claim. Although it is stressful to hear that your claim was denied, you can still appeal your insurance company’s decision. Before you start the appeals process, it can be helpful to first understand the reason for the rejection to help you plan your next steps. Bankrate’s insurance editorial team explains what can cause an auto insurance company to deny your claim and some options you can consider if you want to appeal the decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What’s a claim denial letter?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">After you file a claim with your auto insurance company, an insurance adjuster will be responsible for documenting the details of the accident. After analyzing the facts provided, the adjuster will determine whether or not the car insurance claim will be denied or accepted. If the accident is deemed not covered by your auto insurance policy, the insurance company will send you a formal letter stating what factors led to the decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A denied car insurance claim doesn’t necessarily mean the end of the claims process. If you do not agree with your insurer’s claim denial, you have the right to appeal the insurance company’s decision.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Why did my car insurance company deny my claim?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on the circumstances surrounding your car insurance claim, several factors could lead to your claim being denied. Police reports, eyewitness statements, recreating an accident scenario and more can influence the outcome of a submitted auto insurance claim. In some cases, a claim could even be denied due to bad faith or misrepresentation of the facts, making it important to be truthful and accurate to your car insurance company when reporting your claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you receive a denial letter, read it carefully, as it will typically include supporting evidence for the decision. Some common reasons a claim is denied include the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Lapsed insurance policy</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Failure to pay your insurance premium on time can result in a lapse in coverage, meaning you don’t have an active policy to file your claim against. Paying your auto and home insurance premiums on time is the best way to ensure coverage is in force when you have to file a claim. Whether you pay the policy term in full or use auto-pay to prevent missed payments, avoiding a lapse in coverage is crucial. In addition to the likelihood of your claim being denied, a lapse in coverage could also result in fines and other penalties, such as a suspension of your driver’s license and vehicle registration, depending on your state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Policy exclusions</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you purchase car insurance, pay attention to the coverages you choose and what they provide financial protection for. For example, you may have an older car and feel comprehensive and collision coverage is not needed. However, if your car is stolen or you cause an accident, the insurance company will not be able to assist without the proper coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When reviewing your claim, the adjuster can see your policy’s inclusions. Filing a claim for damage that you either lack coverage for or that is specifically excluded will result in a claims denial letter being sent by your insurer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Not enough coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It can be tempting to choose state minimum liability limits to keep the cost of car insurance low. While you may save on your premium, if you are involved in an accident with several injuries to others or hit an expensive car or building, you may exhaust your liability limits and be vulnerable to a devastating financial loss. For example, say you have $25,000 in property damage liability coverage but you total a car worth $40,000. The auto insurance company can pay up to the $25,000 allotted, but deny the remaining $15,000, which could leave you vulnerable to a lawsuit for the remaining amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Accident involving an uninsured motorist</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While most states require liability coverage, not all require uninsured motorist coverage. If someone causes an accident with you, provides false insurance information or does a hit-and-run, finding proper insurance details may be difficult or impossible. If you do not carry uninsured or underinsured motorist coverage, your claim could be denied.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">At-fault driver’s insurer denied your claim</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In instances where another driver is considered at fault, and their auto insurance company denies the claim, there could be several reasons why. Some examples include providing incorrect insurance details or not having enough or the right coverage. Additionally, if an accident occurs in a no-fault state, you are responsible for paying for your medical expenses up to your policy’s limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Appeal your car insurance claim denial</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can appeal the decision if you feel an error in the car insurance company’s claim denial. Most insurance companies have a process in place for you to contest a denied claim. Here are some steps to consider taking in appealing an auto insurance claim decision:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Gather evidence:</strong>&nbsp;Review any documentation provided by the insurance company and gather the evidence you need to appeal. This could include police reports, eyewitness information, photographs, medical reports and other supporting evidence. Make copies of everything to provide to the insurance company so you can keep the originals.</li><li><strong>Draft an appeal letter:</strong>&nbsp;This letter will spell out why you do not agree with the insurance company’s decision. Make sure you explain why each piece of information was provided in step one, such as any police reports. Provide as much detail as possible, referencing policy information and the claims denial letter as needed.</li><li><strong>Consider hiring an attorney:</strong>&nbsp;If you are not comfortable taking these steps or want an expert’s opinion, it may be a good idea to hire an attorney. They can review the case and supporting documents to draft a demand letter requiring the insurance company to respond and defend its claim denial. While it may cost you money upfront, it could be a worthwhile expense to have the claim denial overturned if you feel your insurer made the wrong decision.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Understanding the claim denial letter and why an auto insurance company decided not to make a payout is the first step in determining the validity of a denied car insurance claim. Most instances of auto claims denials are valid, although others may not be. In this case, appealing the insurance company’s decision can get the decision reversed or an offer made to cover the damages.</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/insurance-claim-denied/#appeal-your-car-insurance-claim-denial\">click here.</a></p>\n<!-- /wp:paragraph -->','What to do if a car insurance company denies your claim?','','inherit','closed','closed','','3456-revision-v1','','','2023-09-03 11:46:25','2023-09-03 11:46:25','',3456,'http://smartinsurance.tips/?p=3458',0,'revision','',0),(3459,1,'2023-09-03 11:53:38','2023-09-03 11:53:38','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3460,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-54-1024x536.png\" alt=\"\" class=\"wp-image-3460\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard home insurance provides coverage for many types of damage and losses — but not all. A claim could be denied due to lack of coverage, homeowner negligence, missing a filing deadline or not having enough documentation. However, it may be possible to dispute a denied home insurance claim or an unfair settlement by following the process outlined below.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h4 class=\"has-black-color has-text-color has-large-font-size\">Key takeaways</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Reviewing your home insurance policy before a claim occurs can help you understand what types of damage and events are covered by your policy and what is excluded.</li><li>When filing an appeal or disputing a claim, it is important to have the right documentation and evidence to support your case.</li><li>You may hire an independent appraiser or a public insurance adjuster to provide a professional opinion on your claim dispute.</li><li>If you feel your insurer has denied your claim unfairly, you may register a complaint with the state insurance department.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">1. Review your claim and coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Ideally, experts recommend reviewing your home insurance policy before a claim ever occurs to help minimize the risk of a gap in insurance coverage. Knowing what types of damage and events are covered — and aren’t — can help you financially prepare for what may need to be paid for out of pocket. Look at the perils and property included, check for any exclusions, review your deductible and familiarize yourself with the claim submission process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you filed a claim and are questioning the insurer’s response, checking the information you submitted is important. Ask yourself if you provided adequate supporting evidence and documentation. If you still feel the insurer misjudged your claim, you might consider filing an appeal.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when reviewing your coverage</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As you are reviewing your policy, you may find it helpful to:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Learn more about how to read your policy.</li><li>Write out all the questions you have for your insurance company.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">2. File an appeal</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once you are confident you understand the way the policy is written, you can call the insurance company and ask for your home insurance claim to be reviewed again or request a new examination based on new information. It is possible a mistake was made by an adjuster the first time around. If you have any questions about your policy’s coverage, your claims adjuster can help answer those, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To file an appeal, having the right documentation is paramount. This may include dates and details of the incident, as well as photos, videos and witness statements, if applicable.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when filing an appeal</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you plan to file an appeal, these tips might help:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ask for another home visit.</li><li>Collect as much documentation and proof as possible.</li><li>Explain the reasoning for your appeal in a clearly worded letter.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">3. Get another professional opinion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have requested a re-examination of your claim and the request was denied or the claim was denied again, then it may be time for another professional opinion. As a consumer, you have the right to hire an independent appraiser or a public insurance adjuster. A public insurance adjuster is not affiliated with any particular carrier and may be hired on your behalf to help you settle a claim. The adjuster should be licensed in the state where you are filing the claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When hiring a professional, it’s a good idea to check references and recommendations. You can also call your state insurance department to confirm the adjuster’s record.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While an independent appraiser or public adjuster may provide useful assistance, hiring one usually comes at an additional cost. Independent adjusters may charge up to 15 percent of the settlement claim, and there are no guarantees the claim will be settled.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Hiring an independent party can either show support for the insurance carrier’s original denial or provide support for your claim. If the recommendation made by the public insurance adjuster supports your claim, you could consider contacting your insurance provider and requesting to speak to the claims manager. At that point, you might request the claim be reviewed once again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when contacting an unaffiliated insurance professional</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you do bring in an independent insurance adjuster to help dispute your insurance claim, you may want to keep these tips in mind:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ask for recommendations from friends or family members who have gone through the process of having a claim denied and seeking third-party help.</li><li>Ask for references from the public adjuster and consider checking the Better Business Bureau and your state’s Department of Insurance for reviews and ratings.</li><li>Avoid using a public insurance adjuster who goes door to door to solicit business after a catastrophe.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">4. File a complaint with your state’s insurance department</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you hired a third party and the home insurance claim was denied again or you were offered too low of a settlement, you could register a complaint with the state insurance department. This option may be best if you feel your insurer denied your claim unfairly, and you would like the insurance department to investigate the situation and confirm the insurance company is in the right.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you contact the department, you may also be made aware of additional resources you didn’t realize were an option. The National Association of Insurance Commissioners (NAIC) has a list of each state’s Department of Insurance, which should have information on how to file a complaint in your state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when filing a complaint</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When filing a complaint, experts recommend that you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ask the state insurance department if there are any available resources to contact the insurance carrier directly in order to discuss your claim.</li><li>The department usually dictates a time limit for insurers to respond to a claim. You can inquire if the insurance carrier responded in a timely manner.</li><li>Check the available NAIC consumer resources to see if any other complaints have been filed against the insurer.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">5. Hire an attorney</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Another option is hiring an attorney, although this route will have to be paid for out of pocket. Attorneys typically charge a consultation fee and an hourly rate for legal advice, which means the expenses can add up quickly. You will have to balance the cost of an attorney with the end result of having a claim approved — or potentially denied again — and determine if the process is worth it for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Terms to know when disputing a home insurance claim denial or settlement</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are a few terms used in claims filing and processing that may be helpful to know up front.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><thead><tr><th>Term</th><th>Meaning</th></tr></thead><tbody><tr><td>Appraisal</td><td>An appraisal is a detailed assessment of either the property or property damage. An appraisal is written by an adjuster to estimate the amount of damage from a loss. The initial appraisal is usually provided at no charge from the insurance carrier.</td></tr><tr><td>Mediation</td><td>Mediation is a meeting between a representative for the insurance carrier and the policyholder. A mediator will facilitate the meeting and both parties will present information regarding the claim. The goal is to find a solution for both parties.</td></tr><tr><td>Adjuster</td><td>An adjuster is a professional hired to evaluate property damage. The adjuster will determine how much damage has occurred to the property. They will also recommend the amount to be paid out for the damage.</td></tr><tr><td>Covered peril</td><td>A covered peril is a loss or event that is covered under your home insurance policy. If your home or personal items are damaged by a covered peril, your home insurance policy will provide a payout based on the adjuster’s findings.</td></tr><tr><td>Coverage limit</td><td>This is the maximum amount of money your insurance company will provide in the event of a covered loss. If the claim exceeds your policy’s coverage limits, you might have to pay the difference out-of-pocket.</td></tr><tr><td>Settlement</td><td>A settlement is the payout you receive from your insurance company after a covered claim. It’s calculated based on the adjuster’s investigation of the claim, including what was damaged and the estimated cost of repairs. If you have a deductible, it will be taken out of your final settlement.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Reasons your home insurance claim may be denied</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Although a homeowners insurance policy is designed to provide financial protection in case of damage from a covered event, there are certain circumstances where a claim may be denied. These include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Lack of coverage –</strong> Homeowners policies do not cover every type of event or cause of damage. Policies have exclusions, meaning damage caused to your home by certain perils is not covered. For example, flood coverage is excluded from most standard homeowners insurance coverage.</li><li><strong>Missed filing deadline –</strong> There are time limits on when you are able to file a claim. Generally, this time limit could be up to a year from when the incident occurred, but it can vary by insurer and state. Experts recommend filing a claim as soon as the damage takes place and it is safe to do so to avoid missing critical deadlines.</li><li><strong>Not enough documentation –</strong> If you fail to submit sufficient documentation, such as photos, videos or witness statements, it could result in a denial of your claim. Insurance adjusters rely on the details when making a decision, so the more supporting evidence, the more informed a decision the adjuster can likely make.</li><li><strong>Negligence –</strong> You are responsible for the upkeep of your home, which includes regular maintenance and repairs. Failure to maintain your home or perform repairs as needed can cause your appeal to be denied if found to have contributed to the cause of loss.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sometimes, your insurer may not deny your claim outright. Instead, a settlement could come in lower than expected. If this is the case, the same process of examining all related documentation, asking for another review and hiring an independent adjuster could be used to dispute a home insurance claim settlement offer. You could also seek the advice of an attorney before accepting a settlement amount.</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/homeowners-insurance/dispute-claim-denials/#reasons-your-home-insurance-claim-may-be-denied\">click here.</a></p>\n<!-- /wp:paragraph -->','How to dispute home insurance claim denials and settlements?','','publish','closed','closed','','how-to-dispute-home-insurance-claim-denials-and-settlements','','','2023-09-03 11:53:38','2023-09-03 11:53:38','',0,'http://smartinsurance.tips/?p=3459',0,'post','',0),(3460,1,'2023-09-03 11:48:08','2023-09-03 11:48:08','','My-project-1-54','','inherit','closed','closed','','my-project-1-54-2','','','2023-09-03 11:48:08','2023-09-03 11:48:08','',3459,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-54.png',0,'attachment','image/png',0),(3461,1,'2023-09-03 11:53:38','2023-09-03 11:53:38','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3460,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-54-1024x536.png\" alt=\"\" class=\"wp-image-3460\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard home insurance provides coverage for many types of damage and losses — but not all. A claim could be denied due to lack of coverage, homeowner negligence, missing a filing deadline or not having enough documentation. However, it may be possible to dispute a denied home insurance claim or an unfair settlement by following the process outlined below.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h4 class=\"has-black-color has-text-color has-large-font-size\">Key takeaways</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Reviewing your home insurance policy before a claim occurs can help you understand what types of damage and events are covered by your policy and what is excluded.</li><li>When filing an appeal or disputing a claim, it is important to have the right documentation and evidence to support your case.</li><li>You may hire an independent appraiser or a public insurance adjuster to provide a professional opinion on your claim dispute.</li><li>If you feel your insurer has denied your claim unfairly, you may register a complaint with the state insurance department.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">1. Review your claim and coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Ideally, experts recommend reviewing your home insurance policy before a claim ever occurs to help minimize the risk of a gap in insurance coverage. Knowing what types of damage and events are covered — and aren’t — can help you financially prepare for what may need to be paid for out of pocket. Look at the perils and property included, check for any exclusions, review your deductible and familiarize yourself with the claim submission process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you filed a claim and are questioning the insurer’s response, checking the information you submitted is important. Ask yourself if you provided adequate supporting evidence and documentation. If you still feel the insurer misjudged your claim, you might consider filing an appeal.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when reviewing your coverage</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As you are reviewing your policy, you may find it helpful to:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Learn more about how to read your policy.</li><li>Write out all the questions you have for your insurance company.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">2. File an appeal</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once you are confident you understand the way the policy is written, you can call the insurance company and ask for your home insurance claim to be reviewed again or request a new examination based on new information. It is possible a mistake was made by an adjuster the first time around. If you have any questions about your policy’s coverage, your claims adjuster can help answer those, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To file an appeal, having the right documentation is paramount. This may include dates and details of the incident, as well as photos, videos and witness statements, if applicable.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when filing an appeal</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you plan to file an appeal, these tips might help:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ask for another home visit.</li><li>Collect as much documentation and proof as possible.</li><li>Explain the reasoning for your appeal in a clearly worded letter.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">3. Get another professional opinion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have requested a re-examination of your claim and the request was denied or the claim was denied again, then it may be time for another professional opinion. As a consumer, you have the right to hire an independent appraiser or a public insurance adjuster. A public insurance adjuster is not affiliated with any particular carrier and may be hired on your behalf to help you settle a claim. The adjuster should be licensed in the state where you are filing the claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When hiring a professional, it’s a good idea to check references and recommendations. You can also call your state insurance department to confirm the adjuster’s record.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While an independent appraiser or public adjuster may provide useful assistance, hiring one usually comes at an additional cost. Independent adjusters may charge up to 15 percent of the settlement claim, and there are no guarantees the claim will be settled.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Hiring an independent party can either show support for the insurance carrier’s original denial or provide support for your claim. If the recommendation made by the public insurance adjuster supports your claim, you could consider contacting your insurance provider and requesting to speak to the claims manager. At that point, you might request the claim be reviewed once again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when contacting an unaffiliated insurance professional</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you do bring in an independent insurance adjuster to help dispute your insurance claim, you may want to keep these tips in mind:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ask for recommendations from friends or family members who have gone through the process of having a claim denied and seeking third-party help.</li><li>Ask for references from the public adjuster and consider checking the Better Business Bureau and your state’s Department of Insurance for reviews and ratings.</li><li>Avoid using a public insurance adjuster who goes door to door to solicit business after a catastrophe.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">4. File a complaint with your state’s insurance department</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you hired a third party and the home insurance claim was denied again or you were offered too low of a settlement, you could register a complaint with the state insurance department. This option may be best if you feel your insurer denied your claim unfairly, and you would like the insurance department to investigate the situation and confirm the insurance company is in the right.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you contact the department, you may also be made aware of additional resources you didn’t realize were an option. The National Association of Insurance Commissioners (NAIC) has a list of each state’s Department of Insurance, which should have information on how to file a complaint in your state.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Tips when filing a complaint</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When filing a complaint, experts recommend that you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ask the state insurance department if there are any available resources to contact the insurance carrier directly in order to discuss your claim.</li><li>The department usually dictates a time limit for insurers to respond to a claim. You can inquire if the insurance carrier responded in a timely manner.</li><li>Check the available NAIC consumer resources to see if any other complaints have been filed against the insurer.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">5. Hire an attorney</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Another option is hiring an attorney, although this route will have to be paid for out of pocket. Attorneys typically charge a consultation fee and an hourly rate for legal advice, which means the expenses can add up quickly. You will have to balance the cost of an attorney with the end result of having a claim approved — or potentially denied again — and determine if the process is worth it for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Terms to know when disputing a home insurance claim denial or settlement</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are a few terms used in claims filing and processing that may be helpful to know up front.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><thead><tr><th>Term</th><th>Meaning</th></tr></thead><tbody><tr><td>Appraisal</td><td>An appraisal is a detailed assessment of either the property or property damage. An appraisal is written by an adjuster to estimate the amount of damage from a loss. The initial appraisal is usually provided at no charge from the insurance carrier.</td></tr><tr><td>Mediation</td><td>Mediation is a meeting between a representative for the insurance carrier and the policyholder. A mediator will facilitate the meeting and both parties will present information regarding the claim. The goal is to find a solution for both parties.</td></tr><tr><td>Adjuster</td><td>An adjuster is a professional hired to evaluate property damage. The adjuster will determine how much damage has occurred to the property. They will also recommend the amount to be paid out for the damage.</td></tr><tr><td>Covered peril</td><td>A covered peril is a loss or event that is covered under your home insurance policy. If your home or personal items are damaged by a covered peril, your home insurance policy will provide a payout based on the adjuster’s findings.</td></tr><tr><td>Coverage limit</td><td>This is the maximum amount of money your insurance company will provide in the event of a covered loss. If the claim exceeds your policy’s coverage limits, you might have to pay the difference out-of-pocket.</td></tr><tr><td>Settlement</td><td>A settlement is the payout you receive from your insurance company after a covered claim. It’s calculated based on the adjuster’s investigation of the claim, including what was damaged and the estimated cost of repairs. If you have a deductible, it will be taken out of your final settlement.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Reasons your home insurance claim may be denied</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Although a homeowners insurance policy is designed to provide financial protection in case of damage from a covered event, there are certain circumstances where a claim may be denied. These include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Lack of coverage –</strong> Homeowners policies do not cover every type of event or cause of damage. Policies have exclusions, meaning damage caused to your home by certain perils is not covered. For example, flood coverage is excluded from most standard homeowners insurance coverage.</li><li><strong>Missed filing deadline –</strong> There are time limits on when you are able to file a claim. Generally, this time limit could be up to a year from when the incident occurred, but it can vary by insurer and state. Experts recommend filing a claim as soon as the damage takes place and it is safe to do so to avoid missing critical deadlines.</li><li><strong>Not enough documentation –</strong> If you fail to submit sufficient documentation, such as photos, videos or witness statements, it could result in a denial of your claim. Insurance adjusters rely on the details when making a decision, so the more supporting evidence, the more informed a decision the adjuster can likely make.</li><li><strong>Negligence –</strong> You are responsible for the upkeep of your home, which includes regular maintenance and repairs. Failure to maintain your home or perform repairs as needed can cause your appeal to be denied if found to have contributed to the cause of loss.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sometimes, your insurer may not deny your claim outright. Instead, a settlement could come in lower than expected. If this is the case, the same process of examining all related documentation, asking for another review and hiring an independent adjuster could be used to dispute a home insurance claim settlement offer. You could also seek the advice of an attorney before accepting a settlement amount.</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/homeowners-insurance/dispute-claim-denials/#reasons-your-home-insurance-claim-may-be-denied\">click here.</a></p>\n<!-- /wp:paragraph -->','How to dispute home insurance claim denials and settlements?','','inherit','closed','closed','','3459-revision-v1','','','2023-09-03 11:53:38','2023-09-03 11:53:38','',3459,'http://smartinsurance.tips/?p=3461',0,'revision','',0),(3464,1,'2023-09-14 02:06:41','2023-09-14 02:06:41','{\"styles\":{\"color\":{\"background\":\"var:preset|color|light-green-cyan\"}},\"isGlobalStylesUserThemeJSON\":true,\"version\":2}','Custom Styles','','publish','closed','closed','','wp-global-styles-twentytwentythree','','','2023-09-14 02:12:58','2023-09-14 02:12:58','',0,'https://smartinsurance.tips/wp-global-styles-twentytwentythree/',0,'wp_global_styles','',0),(3465,1,'2023-09-14 02:12:58','2023-09-14 02:12:58','{\"styles\":{\"color\":{\"background\":\"var:preset|color|light-green-cyan\"}},\"isGlobalStylesUserThemeJSON\":true,\"version\":2}','Custom Styles','','inherit','closed','closed','','3464-revision-v1','','','2023-09-14 02:12:58','2023-09-14 02:12:58','',3464,'https://smartinsurance.tips/?p=3465',0,'revision','',0),(3619,1,'2023-11-22 17:04:00','2023-11-22 17:04:00','<!-- wp:paragraph -->\n<p>Credit card companies rake in billions each year collecting late fees. Change is coming, but here’s what you need to know in the meantime.</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\":3620,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-30-1024x1024.png\" alt=\"\" class=\"wp-image-3620\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>A man in Poughkeepsie, N.Y. with a $35 balance on his credit card says he was socked with a $41 late fee each of the three months he was unable to pay his bills because he was hospitalized. A woman in Union City, Calif., was hit with a $30 charge after paying her credit card bill a day late after an unexpected death in her family, while a man in Mishawaka, Ind., was charged a $33 late fee because the payment he made on a Friday wasn’t credited till the next Monday, making it a day late. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Those people, all of whom shared their stories with Consumer Reports, are among the 1 in 5 adult Americans—an estimated 52 million people—who paid a credit card late fee in the last 12 months, according to a September 2023 Consumer Reports nationally representative survey of 2,089 adults (PDF).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The frequency with which late fees are charged and the financial burden they create has made them a focus of the Consumer Financial Protection Bureau. The CFPB points out that these fees provide a giant source of revenue for credit card companies—in 2020, they raked in $12 billion this way. And while it may be reasonable to charge a customer a penalty for the costs incurred when a payment is late, the agency says, the size of the fee—which averages $30 for the first offense and $41 for subsequent ones–has gotten out of proportion and has little purpose but to pad profits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The CFPB recently proposed a rule that will still allow credit card companies to charge late fees, just ones it says are more in line with the true costs. The rule would slash late fees to no more than $8 (or, at the credit card company’s discretion, to 25 percent of the minimum balance due), and ban companies from increasing fees by the rate of inflation, as they have been doing. In CR’s survey, 82 percent of Americans said they supported lowering the maximum late fee. The final rule is expected by the end of the year and to take effect 60 days after that.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The proposed rule would also require credit card companies to send consumers a reminder a few days before a payment is due—something 84 percent of Americans in CR’s survey said they support—and provide a 15-day grace period for late payments before a fee is charged. Sixty-eight percent of Americans in CR’s survey said they thought a grace period was more fair than the current system.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Rohit Chopra, the director of the CFPB, said in recent remarks that the fee structure in effect now is “a reflection of the asymmetry of power that punishes and penalizes consumers when they make mistakes, while credit card companies are often allowed to fine-print themselves out of trouble. This isn’t a sign of fair competition.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“These fees can take a serious toll on families’ pocketbooks,” says Chuck Bell, program manager for Consumer Reports who advocates on financial issues. “As more Americans face difficult decisions between paying a credit card bill or paying for groceries, gas, or housing, lowering late fees to a fair amount will go a long way to help people balance their household budget.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Fee Creep</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Today’s rules around late fees weren’t what Congress intended when it passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009—itself intended to curb industry abuses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Before the CARD Act, a Supreme Court case nullified state limits on late fees at national banks, causing fees to soar to an average of $35 (about $50 in today’s dollars). But according to the CFPB, after the CARD Act was passed and fees dropped, the Federal Reserve, which was responsible for implementing it, allowed credit card companies to exploit loopholes and tie fee increases to the rate of inflation. As a result, fees crept back up.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While some small banks and credit unions charge late fees of $25 or less, and a small but growing number of companies charge none at all or have special programs that offer payment flexibility, almost all of the major credit card issuers charge the maximum amount the law currently allows, the CFPB says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When the rule was proposed, the American Bankers Association, the Consumer Bankers Association, and the National Association of Federally-Insured Credit Unions—all industry groups—said it was based on incorrect assumptions about credit card late fees. They called the rule flawed policy that would harm all cardholders whether they pay on time, pay late, or carry a balance because it would make credit cards cost more and be harder to obtain.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How High Fees Harm Consumers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>No one likes being hit with a fee, especially these days when everything has become so expensive. But credit card late fees are problematic not just because they cost so much. For example:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>People with a low income pay proportionately bigger fees.&nbsp;</strong>There are two reasons for this. First, people with lower incomes tend to have smaller credit card balances, the CFPB says. A flat $30 or $41 late fee due on a small amount of money owed means fees cost much more percentage-wise than they would on a larger debt.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Second, low-income earners pay almost twice as much in actual fees as high-income earners. When charged a late fee, people who make $150,000 a year paid an average of $15, while those earning $32,000 paid twice that amount, around $32, according to a CFPB analysis. One possible reason? “It could be that banks waive late fees more often for their well-to-do clients in an effort to keep them happy,” says Bill Hardekopf, CEO of BillSaver.com, a free service to help negotiate a lower rate for your bills. Another: Lower-income clients may not be so willing to ask a bank to remove or reduce their late fees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>People in majority Black neighborhoods pay more in late fees.&nbsp;</strong>The CFPB’s analysis also found that in ZIP codes where 90 percent of people are Black, the burden of late fees is felt hardest. Per account, Black people were charged on average more than $25 in late fees, while in places where the Black population was nearly zero, people paid less than $20 in late fees.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“The burden of high late fees appears to fall heavily on communities of color, and people living paycheck to paycheck, who have less income and assets,” Bell says.&nbsp;“These sharp, back-end penalties for paying late in effect make credit a lot more expensive for these customers.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Late fees may be charged even if the payment is just an hour late.&nbsp;</strong>The CFPB says most banks accept payments for that day up until 5 p.m. But Consumer Reports received stories from people who said they didn’t know which time zone the 5 p.m. deadline referred to, or who were just an hour or so late and still charged a substantial late fee.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, a woman in Eureka, Calif., another in Milo, Maine, and a man in Summerlin, Nev., all say they were hit with late fees of $41, $32, and $35, respectively, after paying their bill at 6 p.m. instead of 5 p.m. Another consumer in Montgomery, N.Y.,&nbsp;told us he was hit with a late fee of $29 because the bank’s cutoff was 8 p.m. EST and not midnight, as is the case with his other accounts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Other consumers said they wound up paying late fees because their payments weren’t credited over the weekend. “Requiring credit card companies to provide a 15 day grace period for payments would minimize the pain of scheduling conflicts, whether it’s over a weekend or holiday, or because of time zone confusion,” Bell says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Many people must prioritize paying rent and utilities or other debt</strong>. In the CR survey, we asked respondents who faced a late fee in the past year the reason or reasons it happened. Many (19 percent) said it was because they needed to pay other essentials first, such as rent or utilities. Others said they had an emergency that resulted in their inability to pay (17 percent), or they prioritized paying other debt (14 percent). Nine percent said they simply didn’t have the money.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“I’ve been charged credit card late fees several times, and every time it’s not because I haven’t wanted to pay on time, but because I simply didn’t have the funds, hence needing credit cards to pay for basic needs like food and medical care,” Desirae Golis, from Anacortes, Wash., told CR. “Late fees are essentially a penalty for the poor, as of course the wealthy can set automatic payments and pay on time without fear of overdrafting.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">6 Ways to Avoid a Credit Card Late Fee</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p><strong>1. Sign up for monthly bill reminders via text or email. </strong>Don’t rely on paper bills sent via snail mail, or your memory, to remind you to pay a bill, Hardekopf says. In CR’s survey, the most common reason people said they were late with a payment was that they thought they’d already paid the bill (27 percent). For 12 percent, one of the problems was that they didn’t know when the payment was due. (Set up alerts by going online to your account, Hardekopf says, or by calling the credit card company’s customer service number.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>2. Skip the mail and make payments digitally—or over the phone.</strong> In the CR survey question that asked about why a payment was late, 11 percent of Americans who were charged a late fee in the past year said it was due to the mail taking longer than expected. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Other people who shared their stories with CR said using their bank’s check-issuing feature, where the bank cuts and mails a paper check, took longer to be delivered than they expected. Online payments made before 5 p.m., on the other hand, usually post the same day.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To be sure, using a website to make a payment can fail, too, so if your online payment doesn’t go through, the next step is to call the 800 number on the back of your card to make a one-time phone payment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>3. Set up auto-pay at least for the minimum amount (or however much you can reasonably afford) each month.&nbsp;</strong>Although you always want to pay off as much credit card debt as you can reasonably afford, Hardekopf says, you can keep yourself out of hot water by ensuring that you meet the monthly minimum payment with autopay.&nbsp;Then, if you have the funds to make additional payments, do so from your online account, app, or by phone.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>4. In case of emergency, ask for a pause in payments.&nbsp;</strong>If you’ve experienced something significant—a death in the family, a hospitalized child, or a job loss, for example—and your payment is due, call the credit card company&nbsp;<em>before the due date</em>&nbsp;to ask for a pause in your payment, Hardekopf says. If it agrees, it will not only waive the late fee but also remove the burden of your having to make a payment for that month.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While there’s no hard and fast rule that a credit card company must show grace in your time of need, Hardekopf says, some will, and “it’s worth calling to ask.”&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>5. Get alerts from your credit card company when payments are posted.&nbsp;</strong>Nine percent of people in CR’s survey who had a late fee in the past year said they were charged because the online payment didn’t go through. One way to avoid this hassle is to set up an alert so that you’re notified of your credit card activity, including each purchase you make and when your monthly payment goes through.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>6. Switch to a card with no late fees. </strong>If you don’t want to wait for the CFPB rule to take effect or deal with late fees at all, the agency notes in its report that some credit cards don’t charge them: Citi Simplicity, the Petal 2 Cash Back card, and the Apple card. Discover also offers a card that will automatically waive the first late fee. </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/credit-cards/how-to-avoid-credit-card-late-fees-a8219928529/\">click here.</a></p>\n<!-- /wp:paragraph -->','How to Avoid Credit Card Late Fees','','publish','closed','closed','','how-to-avoid-credit-card-late-fees','','','2023-11-22 17:04:00','2023-11-22 17:04:00','',0,'https://smartinsurance.tips/?p=3619',0,'post','',0),(3468,1,'2023-09-26 23:46:41','2023-09-26 23:46:41','','My-project-1-39','','inherit','open','closed','','my-project-1-39-3','','','2023-09-26 23:46:41','2023-09-26 23:46:41','',2649,'http://smartinsurance.tips/wp-content/uploads/2023/09/My-project-1-39.png',0,'attachment','image/png',0),