(3590,1,'2023-10-27 21:32:10','2023-10-27 21:32:10','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3591,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-34-1024x1024.png\" alt=\"\" class=\"wp-image-3591\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Standard home insurance policies only cover one home. If you have a vacation home, you will need to purchase an additional homeowners insurance policy for that property. Vacation home insurance is another name for secondary home insurance, a type of policy that offers coverage for second homes, like a cabin in the mountains or a beachside bungalow.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much does vacation home insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The cost of homeowners insurance, including vacation home insurance, depends on a variety of factors. The national average annual premium for vacation home insurance is $1,428 for a policy with $250,000 in dwelling coverage, but your premium could be higher or lower based on where your home is located, your coverage choices and your personal rating factors.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When you apply for a policy, the insurance company will consider factors like the state where the home is located, the condition of the home, the type of home and your claims history to calculate your premium. Your credit rating and ZIP code may also be used to determine how much you pay, although some states ban the use of these rating factors. As with standard home insurance, the amount of coverage you select and your deductible will also impact your premium.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Vacation home insurance premiums by state</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Seasonal home insurance rates vary by state. If you’re looking to purchase a vacation home, the cost of insurance may help you make a decision on where to purchase property. As the average cost of home insurance varies in each state, analyzing average rates may help you budget for your vacation home. To give you an idea of what you might pay for coverage in each state, we analyzed average rate data from Quadrant Information Services. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What does secondary home insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Secondary home insurance and standard home insurance typically include similar coverage types, but the type of home insurance policy you buy for your second home will likely depend on the home’s characteristics and your coverage needs. If you are purchasing an HO-3 policy for your vacation home, here is a brief overview of what secondary home insurance typically covers:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Dwelling coverage:</strong> This provides coverage for the physical structure of your home to repair or rebuild it following a covered peril.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Other structures coverage:</strong> Other structures coverage pays for repairs or replacement if your detached garage, fence, shed or other detached structure gets damaged in a covered event.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property coverage:</strong> Personal property coverage pays to replace your personal belongings, like clothing, furniture and appliances, if they get damaged or destroyed by a covered peril.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Loss of use coverage:</strong> Loss of use coverage, also called additional living expenses coverage, may pay for hotel bills, parking fees, restaurant meals, laundry and other expenses if your is damaged in a covered event and you have to temporarily relocate.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal liability coverage:</strong> Personal liability coverage pays if someone gets injured at your home and you are found at fault or if you cause damage to someone else’s property. Liability coverage may also cover legal fees if the victim sues you.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Medical payments coverage:</strong>&nbsp;Medical payments coverage is designed to cover the cost of a guest’s medical bills if they get injured on your property, but you’re not legally liable to cover their injuries.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Other coverage types to consider</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While vacation home insurance may financially protect you from a variety of potential perils, second home insurance does not cover everything. In fact, certain losses, including floods and earthquakes, are explicitly excluded from most standard primary and secondary home insurance policies. As a result, you might need to purchase additional coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, if you own a vacation home near the beach or on a lake, your home may be vulnerable to flood damage. Purchasing a separate flood insurance policy may protect your finances if a flood causes extensive damage to your home or property. If you own a home in an area where earthquakes are common, getting earthquake insurance may be beneficial.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If it is available and your home qualifies, you may also want to ask about replacement cost coverage for your home and personal belongings. With replacement cost, you would receive the full cost to replace your destroyed belongings or home, rather than an amount with depreciation taken out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Ways to save on vacation home insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Seasonal home insurance may be pricey depending on where you live and what type of home you own. However, there are ways you might save money on your policy. Here are some suggestions that may help you get cheap homeowners insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Get multiple quotes:</strong> Before choosing an insurance provider, you may want to shop around and get homeowners insurance quotes from several carriers. That way you may see which provider may offer the lowest rate for the amount of coverage you need.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Bundle with your home insurance company:</strong> If your home insurance company also offers vacation property insurance, you may be able to qualify for extra savings on both policies if you choose to insure both properties with the same carrier. This discount may also apply to auto insurance bundles.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Look for discounts:</strong> A majority of property insurance companies offer discounts that may help you save money on your policy. As you are shopping around, consider looking for providers that have discounts you can qualify for, like being claims-free or purchasing a policy online. As vacation homes are often targeted by theft, installing security systems or subscribing to a 24-hour monitoring service might qualify you for discounts.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What insurance do I need if I rent out my vacation home?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many people choose to rent out their vacation home to make some extra income while they are staying at their primary residence. However, keep in mind that renting out your home on platforms like Airbnb will likely have additional insurance requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this situation, the best thing to do is likely to talk to your insurance company. You may need to purchase a short-term or long-term rental insurance policy to cover any potential gaps in coverage, depending on how long the property is rented for. You might be able to add an endorsement to your policy to cover your property as a vacation rental, but you’ll likely need a standalone rental property insurance 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.bankrate.com/insurance/homeowners-insurance/vacation-homes/\">click here.</a></p>\n<!-- /wp:paragraph -->','Insurance for Vacation Homes','','publish','open','open','','insurance-for-vacation-homes','','','2023-10-27 21:32:10','2023-10-27 21:32:10','',0,'https://smartinsurance.tips/?p=3590',0,'post','',0),(3591,1,'2023-10-27 21:30:27','2023-10-27 21:30:27','','Untitled-34','','inherit','open','closed','','untitled-34','','','2023-10-27 21:30:27','2023-10-27 21:30:27','',3590,'http://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-34.png',0,'attachment','image/png',0),(3592,1,'2023-10-27 21:32:10','2023-10-27 21:32:10','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3591,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-34-1024x1024.png\" alt=\"\" class=\"wp-image-3591\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Standard home insurance policies only cover one home. If you have a vacation home, you will need to purchase an additional homeowners insurance policy for that property. Vacation home insurance is another name for secondary home insurance, a type of policy that offers coverage for second homes, like a cabin in the mountains or a beachside bungalow.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much does vacation home insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The cost of homeowners insurance, including vacation home insurance, depends on a variety of factors. The national average annual premium for vacation home insurance is $1,428 for a policy with $250,000 in dwelling coverage, but your premium could be higher or lower based on where your home is located, your coverage choices and your personal rating factors.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When you apply for a policy, the insurance company will consider factors like the state where the home is located, the condition of the home, the type of home and your claims history to calculate your premium. Your credit rating and ZIP code may also be used to determine how much you pay, although some states ban the use of these rating factors. As with standard home insurance, the amount of coverage you select and your deductible will also impact your premium.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Vacation home insurance premiums by state</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Seasonal home insurance rates vary by state. If you’re looking to purchase a vacation home, the cost of insurance may help you make a decision on where to purchase property. As the average cost of home insurance varies in each state, analyzing average rates may help you budget for your vacation home. To give you an idea of what you might pay for coverage in each state, we analyzed average rate data from Quadrant Information Services. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What does secondary home insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Secondary home insurance and standard home insurance typically include similar coverage types, but the type of home insurance policy you buy for your second home will likely depend on the home’s characteristics and your coverage needs. If you are purchasing an HO-3 policy for your vacation home, here is a brief overview of what secondary home insurance typically covers:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Dwelling coverage:</strong> This provides coverage for the physical structure of your home to repair or rebuild it following a covered peril.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Other structures coverage:</strong> Other structures coverage pays for repairs or replacement if your detached garage, fence, shed or other detached structure gets damaged in a covered event.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property coverage:</strong> Personal property coverage pays to replace your personal belongings, like clothing, furniture and appliances, if they get damaged or destroyed by a covered peril.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Loss of use coverage:</strong> Loss of use coverage, also called additional living expenses coverage, may pay for hotel bills, parking fees, restaurant meals, laundry and other expenses if your is damaged in a covered event and you have to temporarily relocate.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal liability coverage:</strong> Personal liability coverage pays if someone gets injured at your home and you are found at fault or if you cause damage to someone else’s property. Liability coverage may also cover legal fees if the victim sues you.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Medical payments coverage:</strong>&nbsp;Medical payments coverage is designed to cover the cost of a guest’s medical bills if they get injured on your property, but you’re not legally liable to cover their injuries.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Other coverage types to consider</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While vacation home insurance may financially protect you from a variety of potential perils, second home insurance does not cover everything. In fact, certain losses, including floods and earthquakes, are explicitly excluded from most standard primary and secondary home insurance policies. As a result, you might need to purchase additional coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, if you own a vacation home near the beach or on a lake, your home may be vulnerable to flood damage. Purchasing a separate flood insurance policy may protect your finances if a flood causes extensive damage to your home or property. If you own a home in an area where earthquakes are common, getting earthquake insurance may be beneficial.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If it is available and your home qualifies, you may also want to ask about replacement cost coverage for your home and personal belongings. With replacement cost, you would receive the full cost to replace your destroyed belongings or home, rather than an amount with depreciation taken out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Ways to save on vacation home insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Seasonal home insurance may be pricey depending on where you live and what type of home you own. However, there are ways you might save money on your policy. Here are some suggestions that may help you get cheap homeowners insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Get multiple quotes:</strong> Before choosing an insurance provider, you may want to shop around and get homeowners insurance quotes from several carriers. That way you may see which provider may offer the lowest rate for the amount of coverage you need.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Bundle with your home insurance company:</strong> If your home insurance company also offers vacation property insurance, you may be able to qualify for extra savings on both policies if you choose to insure both properties with the same carrier. This discount may also apply to auto insurance bundles.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Look for discounts:</strong> A majority of property insurance companies offer discounts that may help you save money on your policy. As you are shopping around, consider looking for providers that have discounts you can qualify for, like being claims-free or purchasing a policy online. As vacation homes are often targeted by theft, installing security systems or subscribing to a 24-hour monitoring service might qualify you for discounts.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What insurance do I need if I rent out my vacation home?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many people choose to rent out their vacation home to make some extra income while they are staying at their primary residence. However, keep in mind that renting out your home on platforms like Airbnb will likely have additional insurance requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this situation, the best thing to do is likely to talk to your insurance company. You may need to purchase a short-term or long-term rental insurance policy to cover any potential gaps in coverage, depending on how long the property is rented for. You might be able to add an endorsement to your policy to cover your property as a vacation rental, but you’ll likely need a standalone rental property insurance 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.bankrate.com/insurance/homeowners-insurance/vacation-homes/\">click here.</a></p>\n<!-- /wp:paragraph -->','Insurance for Vacation Homes','','inherit','closed','closed','','3590-revision-v1','','','2023-10-27 21:32:10','2023-10-27 21:32:10','',3590,'https://smartinsurance.tips/?p=3592',0,'revision','',0),(3593,1,'2023-10-27 21:36:23','2023-10-27 21:36:23','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3594,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-33-1024x1024.png\" alt=\"\" class=\"wp-image-3594\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>In the United States the current average rate for homeowners insurance is $1,428 for $250,000 in dwelling coverage. Being familiar with the different factors that influence premiums for homeowners insurance can be useful when shopping for an insurance policy. It is also helpful to know about all of the options available to enhance a standard homeowners policy that could add to your premium. Bankrate’s insurance editorial team, which includes licensed agents, analyzed the factors that influence home insurance premiums and have provided some helpful tips to help guide you when deciding which policy is best suited to protect you financially against damage to your home and belongings.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Factors that impact your home insurance rate</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are several factors that insurers may use to determine your risk profile as a homeowner. A risk profile simply conveys how likely you are to experience a covered peril and file a claim. If an insurer determines you live in an area where the chance of a claim is higher, then it will likely increase your home insurance rates. The following homeowners insurance cost factors may impact your premium:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Location</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your state and even your ZIP code may influence the amount you pay in home insurance premiums. If your house is located in an area with a history of perils, such as vandalism, theft or weather-related events, you may see a higher premium. However, location could have a positive impact, too. If you are located near a staffed fire station, for example, your home insurance premium could be slightly lower. Location may also be used to determine the replacement cost of your home since construction costs, including labor and materials, may vary depending on region.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Dwelling coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Dwelling coverage is the portion of your homeowners insurance policy designed to cover your home’s structure. Insurance companies have valuation tools that help calculate dwelling costs. The insurance agent – or online quoting tool – will ask you questions about your home to determine how much it might cost to rebuild your house. Be prepared to answer questions about the age of the home and appliance systems (HVAC, plumbing, etc.), the roof age and materials, the type of building materials used, the square footage and even the unique features of your home, such as dormers or architectural characteristics.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Credit history</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In states where it is allowed, insurers can use a homeowner’s credit-based insurance score as a rating factor assessing the level of risk they are taking on. A higher credit-based insurance score could lead to being perceived as lower risk, and rates are often reduced accordingly. Statistically, homeowners with poor credit are more likely to file claims under their policy than homeowners who have good or excellent credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Claims history</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurance companies often take previous claims filed within a certain time frame into consideration when calculating your rate. When a homeowner files a claim, their homeowners insurance company generally assumes they are more likely to file future claims. Having a history of filing insurance claims, even small ones, might indicate an even greater future claims risk for the insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Insurers may assess your personal claims history at current and prior properties. What that means is that even if you’re insuring a new home, your prior claims history from other homes will be visible to insurance companies for five to seven years on your Comprehensive Loss Underwriting Exchange (CLUE) report and will likely affect your premium on your new house.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Marital status</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Whether you’re a first-time home buyer or have owned a home for many years, your marital status may impact your homeowners insurance rates. Insurers will typically charge lower rates to married couples because of the assumed lower risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Age of home</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you live in an older home, you will likely pay a higher home insurance premium. The older the house, the more likely it is that aging materials could lead to damage to certain key aspects of your home, such as electrical or plumbing. Older homes may need to be brought up to code as part of the rebuilding process, so you may want to consider adding ordinance or law coverage as part of your homeowners insurance policy. This coverage extends to getting the home up to date with current laws or ordinances that were created after the home was built or last updated. If you make upgrades to the heating, electrical or plumbing systems, or any other relevant updates, notify your insurance agent in case your policy should reflect the changes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Deductible</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A homeowners insurance deductible sets the amount you will pay out of pocket for a covered claim. Agreeing to a higher deductible may decrease your premium, but it could also cost you more out of pocket. Some insurers offer diminishing deductibles on your home policy. For example, American Family may give you up to an $100 credit toward your deductible for every year you go without filing a homeowners claim. This may lower your out-of-pocket cost if you do have to file a claim down the road.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Surprising factors that impact your home insurance rate</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Though the factors above relating to a home’s construction, claims history and the insured’s credit-based insurance score may be significant, there are other factors considered in setting rates that may surprise you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Type of home insurance policy:</strong> There are several different types of home insurance available, which differ in terms of benefits, perils covered, cost and kinds of homes that qualify for coverage. Talking with a licensed insurance agent may be useful to help you understand the different types of home insurance policy types and which may be right for you.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Distance from water:</strong> “The closer a home is to the coast, the more likely it is to experience flooding or hurricane damage, and tends to increase the cost of insurance,” said Sean Harper of Kin Insurance. According to Harper, “Flood zones play a key role in whether or not you need flood insurance. If you have a federally-backed mortgage, like an FHA loan and your home is in a high-risk flood zone, you’re required to have flood insurance.”</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Distance from a fire station: </strong>Wherever you live, the premiums you pay for home insurance are likely to be impacted by the proximity of your home to a fire department and fire hydrant. The closer you are to a fire station and hydrant, the greater the likelihood a fire can be quickly extinguished and severe damage or complete destruction of your home averted. The insurance industry generally uses the Fire Suppression Rating Schedule (FSRS) from the Insurance Services Office (ISO) to determine your home’s fire risk.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Dog breed:</strong> Having pets, especially certain dog breeds and exotic animals, may also impact your rates or even your eligibility with some companies. Harper explained, “Some companies will simply raise your rates to account for the increased ‘bite risk.’ Even if your dog isn’t a ‘restricted breed’, a bite history could also impact your rate or ability to get coverage,” said Harper. However, if you are disabled and have a service animal or emotional support animal with specialty training, discuss this with your provider to see if a lower cost or discount will apply.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Attractive nuisances:</strong> If you have attractive nuisances, or items on your property that could be potentially dangerous and appealing, especially to children, such as pools or playground items like a trampoline, you will likely see higher homeowners insurance rates or eligibility restrictions. Many home insurers will not insure your property if you have a trampoline or diving board for your swimming pool.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>This is just a snapshot of some of the more common things that affect your home insurance rates. There are many factors that may affect homeowners insurance premiums, including ones that might not be mentioned.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Additional home insurance coverage options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Standard homeowners insurance policies offer protection for the structure of your home, your personal belongings and liability. However, home insurance policies don’t cover everything. If you want to fill gaps in your coverage or tailor your policy to fit your specific needs, you might consider adding endorsements or additional policies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For instance, if you keep valuable items at home, like fine art or jewelry, you might think about purchasing a scheduled personal property policy or adding the endorsement to your homeowners insurance policy to get higher coverage limits. These add-ons may raise your insurance costs, but can save you from significant out-of-pocket costs in the future if you experience a covered peril.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Here are some other common endorsements or additional policies that may be beneficial to homeowners:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Flood insurance:</strong> Flood insurance is excluded from standard home insurance policies. Although one or two companies offer flood insurance as an endorsement, flood insurance usually comes in the form of a separate policy purchased from the National Flood Insurance Program (NFIP) or a private insurer. Even if you don’t live in a high-risk area for floods, you may still consider flood insurance. According to the Insurance Information Institute (Triple-I), 90 percent of all natural disasters in the U.S. involve flooding, and flood damage strikes frequently in low or moderate risk areas. Flood insurance is typically a requirement if you have a mortgage and your house is located in a flood plain.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Umbrella policy:</strong> These policies are intended to supplement your personal liability coverage. Liability coverage helps pay for legal expenses and medical costs if someone is injured on your property or you are liable for damage to someone else’s property. If you decide that your liability coverage does not provide enough financial protection, an umbrella policy could help increase your coverage. An umbrella policy may make sense if you have a high net worth, have an attractive nuisance on your property, or if you regularly host parties at your home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Sewer backup policy:</strong> Sewer backup insurance is not automatically covered by a homeowners insurance policy. Having this added as an endorsement to your insurance policy will help protect you financially if you experience a sewer or water backup that damages your home or belongings.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>There may be other options you want to add. You could speak with your insurance company and licensed insurance agent about optional coverages and additional policies to help create a robust insurance package.</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/factors-that-impact-home-insurance-rates/#additional-home-insurance-coverage-options\">click here.</a></p>\n<!-- /wp:paragraph -->','Factors That Impact Your Cost of Homeowners Insurance','','publish','open','open','','factors-that-impact-your-cost-of-homeowners-insurance-2','','','2023-10-27 21:36:23','2023-10-27 21:36:23','',0,'https://smartinsurance.tips/?p=3593',0,'post','',0),(3594,1,'2023-10-27 21:34:16','2023-10-27 21:34:16','','Untitled-33','','inherit','open','closed','','untitled-33','','','2023-10-27 21:34:16','2023-10-27 21:34:16','',3593,'http://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-33.png',0,'attachment','image/png',0),(3595,1,'2023-10-27 21:36:23','2023-10-27 21:36:23','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3594,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-33-1024x1024.png\" alt=\"\" class=\"wp-image-3594\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>In the United States the current average rate for homeowners insurance is $1,428 for $250,000 in dwelling coverage. Being familiar with the different factors that influence premiums for homeowners insurance can be useful when shopping for an insurance policy. It is also helpful to know about all of the options available to enhance a standard homeowners policy that could add to your premium. Bankrate’s insurance editorial team, which includes licensed agents, analyzed the factors that influence home insurance premiums and have provided some helpful tips to help guide you when deciding which policy is best suited to protect you financially against damage to your home and belongings.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Factors that impact your home insurance rate</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are several factors that insurers may use to determine your risk profile as a homeowner. A risk profile simply conveys how likely you are to experience a covered peril and file a claim. If an insurer determines you live in an area where the chance of a claim is higher, then it will likely increase your home insurance rates. The following homeowners insurance cost factors may impact your premium:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Location</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your state and even your ZIP code may influence the amount you pay in home insurance premiums. If your house is located in an area with a history of perils, such as vandalism, theft or weather-related events, you may see a higher premium. However, location could have a positive impact, too. If you are located near a staffed fire station, for example, your home insurance premium could be slightly lower. Location may also be used to determine the replacement cost of your home since construction costs, including labor and materials, may vary depending on region.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Dwelling coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Dwelling coverage is the portion of your homeowners insurance policy designed to cover your home’s structure. Insurance companies have valuation tools that help calculate dwelling costs. The insurance agent – or online quoting tool – will ask you questions about your home to determine how much it might cost to rebuild your house. Be prepared to answer questions about the age of the home and appliance systems (HVAC, plumbing, etc.), the roof age and materials, the type of building materials used, the square footage and even the unique features of your home, such as dormers or architectural characteristics.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Credit history</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In states where it is allowed, insurers can use a homeowner’s credit-based insurance score as a rating factor assessing the level of risk they are taking on. A higher credit-based insurance score could lead to being perceived as lower risk, and rates are often reduced accordingly. Statistically, homeowners with poor credit are more likely to file claims under their policy than homeowners who have good or excellent credit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Claims history</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurance companies often take previous claims filed within a certain time frame into consideration when calculating your rate. When a homeowner files a claim, their homeowners insurance company generally assumes they are more likely to file future claims. Having a history of filing insurance claims, even small ones, might indicate an even greater future claims risk for the insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Insurers may assess your personal claims history at current and prior properties. What that means is that even if you’re insuring a new home, your prior claims history from other homes will be visible to insurance companies for five to seven years on your Comprehensive Loss Underwriting Exchange (CLUE) report and will likely affect your premium on your new house.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Marital status</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Whether you’re a first-time home buyer or have owned a home for many years, your marital status may impact your homeowners insurance rates. Insurers will typically charge lower rates to married couples because of the assumed lower risk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Age of home</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you live in an older home, you will likely pay a higher home insurance premium. The older the house, the more likely it is that aging materials could lead to damage to certain key aspects of your home, such as electrical or plumbing. Older homes may need to be brought up to code as part of the rebuilding process, so you may want to consider adding ordinance or law coverage as part of your homeowners insurance policy. This coverage extends to getting the home up to date with current laws or ordinances that were created after the home was built or last updated. If you make upgrades to the heating, electrical or plumbing systems, or any other relevant updates, notify your insurance agent in case your policy should reflect the changes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Deductible</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A homeowners insurance deductible sets the amount you will pay out of pocket for a covered claim. Agreeing to a higher deductible may decrease your premium, but it could also cost you more out of pocket. Some insurers offer diminishing deductibles on your home policy. For example, American Family may give you up to an $100 credit toward your deductible for every year you go without filing a homeowners claim. This may lower your out-of-pocket cost if you do have to file a claim down the road.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Surprising factors that impact your home insurance rate</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Though the factors above relating to a home’s construction, claims history and the insured’s credit-based insurance score may be significant, there are other factors considered in setting rates that may surprise you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Type of home insurance policy:</strong> There are several different types of home insurance available, which differ in terms of benefits, perils covered, cost and kinds of homes that qualify for coverage. Talking with a licensed insurance agent may be useful to help you understand the different types of home insurance policy types and which may be right for you.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Distance from water:</strong> “The closer a home is to the coast, the more likely it is to experience flooding or hurricane damage, and tends to increase the cost of insurance,” said Sean Harper of Kin Insurance. According to Harper, “Flood zones play a key role in whether or not you need flood insurance. If you have a federally-backed mortgage, like an FHA loan and your home is in a high-risk flood zone, you’re required to have flood insurance.”</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Distance from a fire station: </strong>Wherever you live, the premiums you pay for home insurance are likely to be impacted by the proximity of your home to a fire department and fire hydrant. The closer you are to a fire station and hydrant, the greater the likelihood a fire can be quickly extinguished and severe damage or complete destruction of your home averted. The insurance industry generally uses the Fire Suppression Rating Schedule (FSRS) from the Insurance Services Office (ISO) to determine your home’s fire risk.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Dog breed:</strong> Having pets, especially certain dog breeds and exotic animals, may also impact your rates or even your eligibility with some companies. Harper explained, “Some companies will simply raise your rates to account for the increased ‘bite risk.’ Even if your dog isn’t a ‘restricted breed’, a bite history could also impact your rate or ability to get coverage,” said Harper. However, if you are disabled and have a service animal or emotional support animal with specialty training, discuss this with your provider to see if a lower cost or discount will apply.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Attractive nuisances:</strong> If you have attractive nuisances, or items on your property that could be potentially dangerous and appealing, especially to children, such as pools or playground items like a trampoline, you will likely see higher homeowners insurance rates or eligibility restrictions. Many home insurers will not insure your property if you have a trampoline or diving board for your swimming pool.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>This is just a snapshot of some of the more common things that affect your home insurance rates. There are many factors that may affect homeowners insurance premiums, including ones that might not be mentioned.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Additional home insurance coverage options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Standard homeowners insurance policies offer protection for the structure of your home, your personal belongings and liability. However, home insurance policies don’t cover everything. If you want to fill gaps in your coverage or tailor your policy to fit your specific needs, you might consider adding endorsements or additional policies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For instance, if you keep valuable items at home, like fine art or jewelry, you might think about purchasing a scheduled personal property policy or adding the endorsement to your homeowners insurance policy to get higher coverage limits. These add-ons may raise your insurance costs, but can save you from significant out-of-pocket costs in the future if you experience a covered peril.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Here are some other common endorsements or additional policies that may be beneficial to homeowners:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Flood insurance:</strong> Flood insurance is excluded from standard home insurance policies. Although one or two companies offer flood insurance as an endorsement, flood insurance usually comes in the form of a separate policy purchased from the National Flood Insurance Program (NFIP) or a private insurer. Even if you don’t live in a high-risk area for floods, you may still consider flood insurance. According to the Insurance Information Institute (Triple-I), 90 percent of all natural disasters in the U.S. involve flooding, and flood damage strikes frequently in low or moderate risk areas. Flood insurance is typically a requirement if you have a mortgage and your house is located in a flood plain.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Umbrella policy:</strong> These policies are intended to supplement your personal liability coverage. Liability coverage helps pay for legal expenses and medical costs if someone is injured on your property or you are liable for damage to someone else’s property. If you decide that your liability coverage does not provide enough financial protection, an umbrella policy could help increase your coverage. An umbrella policy may make sense if you have a high net worth, have an attractive nuisance on your property, or if you regularly host parties at your home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Sewer backup policy:</strong> Sewer backup insurance is not automatically covered by a homeowners insurance policy. Having this added as an endorsement to your insurance policy will help protect you financially if you experience a sewer or water backup that damages your home or belongings.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>There may be other options you want to add. You could speak with your insurance company and licensed insurance agent about optional coverages and additional policies to help create a robust insurance package.</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/factors-that-impact-home-insurance-rates/#additional-home-insurance-coverage-options\">click here.</a></p>\n<!-- /wp:paragraph -->','Factors That Impact Your Cost of Homeowners Insurance','','inherit','closed','closed','','3593-revision-v1','','','2023-10-27 21:36:23','2023-10-27 21:36:23','',3593,'https://smartinsurance.tips/?p=3595',0,'revision','',0),(3596,1,'2023-10-27 22:18:54','2023-10-27 22:18:54','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3597,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/rsz_untitled_32.png\" alt=\"\" class=\"wp-image-3597\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"ZSErXN\">Finding homeowners insurance in fire-prone areas can be tricky—and it’s getting trickier. Some insurers are canceling policies in fire-prone areas of the West Coast or simply not renewing them. Homeowners insurance is getting harder to find, but you don’t want to be caught without it and on the hook for hundreds of thousands in repair, rebuild, and replacement costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"LjECNd\">There are a few options for homeowners who can’t get use a typical top-tier home insurance provider due to their region, and the This Old House Reviews Team has rounded up the options available to you when standard insurance isn’t accessible. Surplus line carriers are one choice, and homes with a value of over $1 million may be eligible for coverage under AIG or Chubb. As a last resort, homeowners can turn to their state’s insurance safety net.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8jpWt8\">Unfortunately, the options are few and generally more expensive than traditional homeowners insurance policies. But to protect your largest investment, it can be worth it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"eeM3xL\">Does Homeowners Insurance Cover Wildfire Damage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"F5hwIO\">Typically, home insurance companies cover wildfire damage. Most home insurance companies will help cover the cost to repair or rebuild your home, the cost to replace your personal property, and expenses for temporarily living outside your home if it is destroyed by a fire from arson, electrical issues, or a wildfire.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"Z6W8NF\">If you have a homeowners insurance policy in a fire-prone area, it will typically cover the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Dwelling</strong>: Helps cover the cost of repairs and reconstruction. The limit should equate to how much it would cost to rebuild your home at current labor and construction costs. Keep in mind that after disasters, these costs go up, so the limit may not be high enough. You can help guard against this with a guaranteed replacement cost endorsement, which covers the entire reconstruction cost, or an extended replacement cost endorsement, which extends your coverage by an extra 25-50% of your dwelling coverage limit. You’ll want to factor in the cost of any improvements you’ve made to your home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Other structures:&nbsp;</strong>Helps cover the cost of repairing or rebuilding detached structures like garages and sheds, up to 10% of the dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property: </strong>Helps cover the cost of replacing personal belongings like clothes, jewelry, appliances, and furniture. This usually covers up to 50% of the dwelling coverage limit. You can prepare for this by taking an inventory of your belongings and recording it on video.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Loss of use/additional living expenses:&nbsp;</strong>Helps cover the costs of living outside of your home, like fuel, lodging, and dining, due to a covered loss.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"zE3ER8\">Standard home insurance policies aren’t always available to homeowners living in fire-prone areas due to the high degree of risk. Luckily, there are some alternatives.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"nff62l\">Why Is It Hard to Get Homeowners Insurance in Fire-Prone Areas?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"07EcVP\">Record-breaking wildfires in recent years have inspired homeowners insurance companies to reconsider the risks of insuring homes in fire-prone areas. Many traditional carriers refuse to insure properties in these areas, and others have stopped renewing policies. Insurers don’t want the liability, and dry seasons are getting longer while wet seasons are getting shorter. The Institute of Insurance Information notes that wildfires accounted for $18 billion in insured losses in 2018, compared to $15 billion the previous year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"60gHze\">According to a 2019 Wildfire Risk Analysis by Verisk, 4.5 million American homes were identified at “high” or “extreme” risk of wildfire. Data from the National Interagency Fire Center shows that there were 41,051 wildfires from January 1 to September 8, 2020—compared to 35,386 wildfires in that same period in 2019.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"AfSPeG\">How to Get Homeowners Insurance in Fire-Prone Areas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"UYsA35\">There are several ways to get your home insured in a fire-prone area if standard homeowners insurance isn’t an option.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"qRRRSs\">Your state’s FAIR plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"IvK7x0\">The majority of states provide FAIR, or Fair Access to Insurance Requirements, Plans as a last resort. In California, the FAIR Plan covers up to approximately $1.5 million in dwelling and personal property coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"5Bs4sd\">Unfortunately, FAIR Plans don’t cover other perils like water damage, theft, or vandalism. Medical payments and personal liability are generally excluded from coverage. Homeowners can supplement their coverage by purchasing a Difference in Conditions policy to make sure there are no gaps in protections.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"yN41zN\">FAIR Plans are generally expensive and can cost double what a typical homeowners insurance policy costs. However, other options might be even more expensive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"18Bxgb\">Premier carriers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"YfotaR\">Premier insurance carriers like AIG and Chubb have home insurance plans designed to handle wildfire damage, including private firefighter services. Unfortunately, this type of homeowners insurance is generally only available to homes that are valued at more than $1 million.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"GRSg2I\">Surplus line carriers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"yqEcXP\">Surplus line carriers provide insurance for homes that typical home insurance companies refuse to insure due to the high degree of financial risk. They are able to take on the risks because they are not required to follow state regulations. Surplus line carrier plans tend to be more expensive than standard homeowners insurance policies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"Tr1Wp6\">How to Protect Homes in Fire-Prone Areas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"VwLg6O\">Wildfires can be completely devastating. However, there are a few steps you can take to try to mitigate the damage if you live in a fire-prone area:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Build your house more than 15 feet away from neighboring homes</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Get noncombustible roofing and siding</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Confirm your home has six-inch ground-to-siding distance</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Install nonflammable gates</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Keep gutters clean</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Remove debris from your roof</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Prune branches</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Get rid of brush, shrubs, and dead vegetations underneath your home</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thisoldhouse.com/home-finances/reviews/homeowners-insurance-in-fire-prone-areas\">click here.</a></p>\n<!-- /wp:paragraph -->','Homeowners Insurance in Fire-Prone Areas','','publish','open','open','','homeowners-insurance-in-fire-prone-areas','','','2023-10-27 22:18:54','2023-10-27 22:18:54','',0,'https://smartinsurance.tips/?p=3596',0,'post','',0),(3597,1,'2023-10-27 21:43:01','2023-10-27 21:43:01','','rsz_untitled_32','','inherit','open','closed','','rsz_untitled_32','','','2023-10-27 21:43:01','2023-10-27 21:43:01','',3596,'http://smartinsurance.tips/wp-content/uploads/2023/10/rsz_untitled_32.png',0,'attachment','image/png',0),(3598,1,'2023-10-27 22:18:54','2023-10-27 22:18:54','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3597,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/rsz_untitled_32.png\" alt=\"\" class=\"wp-image-3597\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"ZSErXN\">Finding homeowners insurance in fire-prone areas can be tricky—and it’s getting trickier. Some insurers are canceling policies in fire-prone areas of the West Coast or simply not renewing them. Homeowners insurance is getting harder to find, but you don’t want to be caught without it and on the hook for hundreds of thousands in repair, rebuild, and replacement costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"LjECNd\">There are a few options for homeowners who can’t get use a typical top-tier home insurance provider due to their region, and the This Old House Reviews Team has rounded up the options available to you when standard insurance isn’t accessible. Surplus line carriers are one choice, and homes with a value of over $1 million may be eligible for coverage under AIG or Chubb. As a last resort, homeowners can turn to their state’s insurance safety net.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8jpWt8\">Unfortunately, the options are few and generally more expensive than traditional homeowners insurance policies. But to protect your largest investment, it can be worth it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"eeM3xL\">Does Homeowners Insurance Cover Wildfire Damage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"F5hwIO\">Typically, home insurance companies cover wildfire damage. Most home insurance companies will help cover the cost to repair or rebuild your home, the cost to replace your personal property, and expenses for temporarily living outside your home if it is destroyed by a fire from arson, electrical issues, or a wildfire.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"Z6W8NF\">If you have a homeowners insurance policy in a fire-prone area, it will typically cover the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Dwelling</strong>: Helps cover the cost of repairs and reconstruction. The limit should equate to how much it would cost to rebuild your home at current labor and construction costs. Keep in mind that after disasters, these costs go up, so the limit may not be high enough. You can help guard against this with a guaranteed replacement cost endorsement, which covers the entire reconstruction cost, or an extended replacement cost endorsement, which extends your coverage by an extra 25-50% of your dwelling coverage limit. You’ll want to factor in the cost of any improvements you’ve made to your home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Other structures:&nbsp;</strong>Helps cover the cost of repairing or rebuilding detached structures like garages and sheds, up to 10% of the dwelling coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Personal property: </strong>Helps cover the cost of replacing personal belongings like clothes, jewelry, appliances, and furniture. This usually covers up to 50% of the dwelling coverage limit. You can prepare for this by taking an inventory of your belongings and recording it on video.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Loss of use/additional living expenses:&nbsp;</strong>Helps cover the costs of living outside of your home, like fuel, lodging, and dining, due to a covered loss.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"zE3ER8\">Standard home insurance policies aren’t always available to homeowners living in fire-prone areas due to the high degree of risk. Luckily, there are some alternatives.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"nff62l\">Why Is It Hard to Get Homeowners Insurance in Fire-Prone Areas?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"07EcVP\">Record-breaking wildfires in recent years have inspired homeowners insurance companies to reconsider the risks of insuring homes in fire-prone areas. Many traditional carriers refuse to insure properties in these areas, and others have stopped renewing policies. Insurers don’t want the liability, and dry seasons are getting longer while wet seasons are getting shorter. The Institute of Insurance Information notes that wildfires accounted for $18 billion in insured losses in 2018, compared to $15 billion the previous year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"60gHze\">According to a 2019 Wildfire Risk Analysis by Verisk, 4.5 million American homes were identified at “high” or “extreme” risk of wildfire. Data from the National Interagency Fire Center shows that there were 41,051 wildfires from January 1 to September 8, 2020—compared to 35,386 wildfires in that same period in 2019.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"AfSPeG\">How to Get Homeowners Insurance in Fire-Prone Areas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"UYsA35\">There are several ways to get your home insured in a fire-prone area if standard homeowners insurance isn’t an option.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"qRRRSs\">Your state’s FAIR plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"IvK7x0\">The majority of states provide FAIR, or Fair Access to Insurance Requirements, Plans as a last resort. In California, the FAIR Plan covers up to approximately $1.5 million in dwelling and personal property coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"5Bs4sd\">Unfortunately, FAIR Plans don’t cover other perils like water damage, theft, or vandalism. Medical payments and personal liability are generally excluded from coverage. Homeowners can supplement their coverage by purchasing a Difference in Conditions policy to make sure there are no gaps in protections.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"yN41zN\">FAIR Plans are generally expensive and can cost double what a typical homeowners insurance policy costs. However, other options might be even more expensive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"18Bxgb\">Premier carriers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"YfotaR\">Premier insurance carriers like AIG and Chubb have home insurance plans designed to handle wildfire damage, including private firefighter services. Unfortunately, this type of homeowners insurance is generally only available to homes that are valued at more than $1 million.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"GRSg2I\">Surplus line carriers</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"yqEcXP\">Surplus line carriers provide insurance for homes that typical home insurance companies refuse to insure due to the high degree of financial risk. They are able to take on the risks because they are not required to follow state regulations. Surplus line carrier plans tend to be more expensive than standard homeowners insurance policies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"Tr1Wp6\">How to Protect Homes in Fire-Prone Areas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"VwLg6O\">Wildfires can be completely devastating. However, there are a few steps you can take to try to mitigate the damage if you live in a fire-prone area:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Build your house more than 15 feet away from neighboring homes</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Get noncombustible roofing and siding</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Confirm your home has six-inch ground-to-siding distance</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Install nonflammable gates</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Keep gutters clean</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Remove debris from your roof</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Prune branches</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Get rid of brush, shrubs, and dead vegetations underneath your home</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.thisoldhouse.com/home-finances/reviews/homeowners-insurance-in-fire-prone-areas\">click here.</a></p>\n<!-- /wp:paragraph -->','Homeowners Insurance in Fire-Prone Areas','','inherit','closed','closed','','3596-revision-v1','','','2023-10-27 22:18:54','2023-10-27 22:18:54','',3596,'https://smartinsurance.tips/?p=3598',0,'revision','',0),(3599,1,'2023-10-27 22:26:39','2023-10-27 22:26:39','<!-- wp:paragraph -->\n<p>We explain what moving insurance is, why you might need it, and what to expect when purchasing a policy.</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\":3600,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-35-1024x1024.png\" alt=\"\" class=\"wp-image-3600\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Moving your home or business is stress-inducing, especially if you’re moving long-distance. The last thing you want to worry about when you arrive at your destination is replacing items that were lost or damaged during the relocation process. Moving insurance or contents coverage may sound like a luxury, but it can often save you time, money, and frustration. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Most homeowners and renters insurance policies do not cover items damaged during a move, so if you have high-value personal items that you cannot transport yourself, moving insurance can give you peace of mind. Read on to find out if moving insurance is necessary, what types are available, and what to expect when you purchase it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"what-is-moving-insurance\">What Is Moving Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Moving insurance can protect you financially if your items are lost or damaged during a move. While the best moving companies cannot technically sell insurance, they are required by law to provide contents coverage options to their customers based on valuation. These policies operate similarly to most insurance policies. Besides valuation coverage, you can opt for third-party moving insurance from an insurance company that offers additional coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Depending on the level of coverage you choose, you will pay your mover or insurance company to cover your items up to a certain amount. If anything is lost, damaged, or stolen during the moving process, you can submit a claim to your mover or insurance company and receive compensation based on the terms of your coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"types-of-moving-insurance-if-you-hire-movers\">Types of Moving Insurance If You Hire Movers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The Federal Motor Carrier Safety Administration (FMCSA) requires moving companies to provide two types of valuation coverage: full-value protection and released-value protection.  You can also purchase additional protection from a third-party insurance company to increase your coverage. Below, we explain how each coverage type works.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Full-Value Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Full-value protection is based on the stated monetary value of your moving shipment. Moving companies may determine this value by multiplying your shipment’s total weight by $6. You can also provide a complete inventory of your items with their approximate market values and agree on a total value with your moving company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With full-value protection, your mover can repair your item, replace it with an item of comparable value, or provide you with the funds to repair or replace it. One limitation of this coverage is that it does not require movers to assume liability for “items of extraordinary value,” which are items that cost more than $100 per pound. You must identify all items of extraordinary value in your moving shipment and provide the list in writing to your mover.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Typically, full-value protection will cost around 1% of your total shipment value. This protection will automatically be included in your moving quote unless you opt out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Released-Value Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Released-value protection is based on the weight of your belongings and is provided free of charge by your moving company, even if you don’t request it. Released-value protection provides a maximum of 60 cents per pound per damaged article. This means if a vase weighing 4 pounds is broken by movers during your move, you’ll receive a maximum of $2.40 for the damaged item, regardless of its actual value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because released-value protection is so limited in its coverage, especially for lightweight but high-value items, such as electronics, moving companies require you to sign a waiver acknowledging your decision to forgo full-value protection. If you opt for third-party moving insurance but deny full-value coverage, you will still receive the 60 cents per pound per damaged item offered by released-value protection in addition to any compensation you receive from your insurance provider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Separate Liability Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can purchase additional insurance coverage for your move from a third-party insurance provider. Some movers provide third-party insurance options when you book a move with them, but you can also obtain it from an insurance provider with which you already hold another policy.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This is the most expensive option, costing up to 5% of your moving shipment, but it provides the most protection and offers the most generous coverage limits. Third-party coverage may also cover items of extraordinary value that aren’t covered under full-value protection, such as jewelry, antiques, artwork, and expensive clothing. You can purchase separate liability insurance in addition to full-valuation contents coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"moving-insurance-coverage-exclusions\">Moving Insurance Coverage Exclusions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Complimentary released-value protection provides the least amount of coverage, but both full-value protection and a separate liability policy also have exclusions. The following are common policy exclusions:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Damage caused by natural disasters or acts of God, such as hurricanes, earthquakes, or tornadoes&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage caused by improper packing or handling by the individual moving</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage to hazardous or perishable items</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage to high-value items you did not inform your movers of</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"types-of-moving-insurance-if-you-move-yourself\">Types of Moving Insurance If You Move Yourself</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you elect not to hire a moving company, there are a few coverage options available.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Homeowners or Renters Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Most homeowners and renters insurance policies do not cover items that are lost or damaged while moving. Still, each policy is different and there are exceptions, so check with your insurance company to verify and, if necessary, purchase additional coverage. Some common exclusions of home and renters insurance policies are the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Items damaged due to improper packing</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Items damaged by natural disasters</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Hazardous items</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Relocation or Trip Transit Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Relocation or trip transit insurance can offer belongings coverage to DIY movers. Trip transit insurance protects property in transit against specific perils, such as theft and fire. It only covers a singular shipment, as opposed to transit insurance, which covers all shipments within a specified policy term. Trip transit insurance has exclusions, which may include the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Damage due to insufficiently packed items</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage to the vehicle used to move items</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage caused by natural disasters</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Rental Truck Moving Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rental truck moving coverage is designed to protect DIY movers when they rent a vehicle to move their belongings. This type of coverage is often offered as an add-on to moving truck rental agreements. You can also purchase it from a third-party provider. Some possible exclusions of this type of policy include the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Damage caused by excessive speed</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage caused by improper loading or unloading</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Theft of cargo</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"cost\">How Much Does Moving Insurance Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The cost of moving insurance depends on your belongings’ total value and the coverage you select. The more coverage you have, the higher the cost of your policy.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Federal law requires that moving companies provide released value protection for all interstate moves at no charge. Full-value protection typically costs around 1% of the total value of your belongings, and third-party insurance policies usually cost anywhere from 1% to 5% of the total value. Using these figures, full-value coverage for items valued at $3,500 would cost around $35, while a third-party policy could cost as much as $175.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Our Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Moving insurance can bring you peace of mind when your personal belongings are out of your control. While full-value contents coverage offers some protection to interstate movers, a third-party insurance policy can supplement this coverage. DIY movers can opt for trip transit insurance should anything go wrong during their move, such as a vehicle fire or robbery.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The decision comes down to the probability of damage while your goods are in transit and your ability to replace damaged items on your own accord. For an interstate move of a large home with high-value items, the risk is higher that costly items will be damaged. A solo DIY move across town—especially with inexpensive belongings—doesn’t present the same risk, so moving insurance may not be necessary in this case.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Consider the size and distance of your move, the value of your items, and the risk of damage or theft when deciding if you need moving insurance. Check with your home or renters insurance provider to see if it can offer coverage or assist you in obtaining a separate 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.thisoldhouse.com/storage-organization/reviews/do-i-need-moving-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','Do I Need Moving Insurance?','','publish','open','open','','do-i-need-moving-insurance','','','2023-10-27 22:26:39','2023-10-27 22:26:39','',0,'https://smartinsurance.tips/?p=3599',0,'post','',0),(3600,1,'2023-10-27 22:23:58','2023-10-27 22:23:58','','Untitled-35','','inherit','open','closed','','untitled-35','','','2023-10-27 22:23:58','2023-10-27 22:23:58','',3599,'http://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-35.png',0,'attachment','image/png',0),(3601,1,'2023-10-27 22:26:39','2023-10-27 22:26:39','<!-- wp:paragraph -->\n<p>We explain what moving insurance is, why you might need it, and what to expect when purchasing a policy.</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\":3600,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-35-1024x1024.png\" alt=\"\" class=\"wp-image-3600\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Moving your home or business is stress-inducing, especially if you’re moving long-distance. The last thing you want to worry about when you arrive at your destination is replacing items that were lost or damaged during the relocation process. Moving insurance or contents coverage may sound like a luxury, but it can often save you time, money, and frustration. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Most homeowners and renters insurance policies do not cover items damaged during a move, so if you have high-value personal items that you cannot transport yourself, moving insurance can give you peace of mind. Read on to find out if moving insurance is necessary, what types are available, and what to expect when you purchase it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"what-is-moving-insurance\">What Is Moving Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Moving insurance can protect you financially if your items are lost or damaged during a move. While the best moving companies cannot technically sell insurance, they are required by law to provide contents coverage options to their customers based on valuation. These policies operate similarly to most insurance policies. Besides valuation coverage, you can opt for third-party moving insurance from an insurance company that offers additional coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Depending on the level of coverage you choose, you will pay your mover or insurance company to cover your items up to a certain amount. If anything is lost, damaged, or stolen during the moving process, you can submit a claim to your mover or insurance company and receive compensation based on the terms of your coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"types-of-moving-insurance-if-you-hire-movers\">Types of Moving Insurance If You Hire Movers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The Federal Motor Carrier Safety Administration (FMCSA) requires moving companies to provide two types of valuation coverage: full-value protection and released-value protection.  You can also purchase additional protection from a third-party insurance company to increase your coverage. Below, we explain how each coverage type works.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Full-Value Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Full-value protection is based on the stated monetary value of your moving shipment. Moving companies may determine this value by multiplying your shipment’s total weight by $6. You can also provide a complete inventory of your items with their approximate market values and agree on a total value with your moving company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With full-value protection, your mover can repair your item, replace it with an item of comparable value, or provide you with the funds to repair or replace it. One limitation of this coverage is that it does not require movers to assume liability for “items of extraordinary value,” which are items that cost more than $100 per pound. You must identify all items of extraordinary value in your moving shipment and provide the list in writing to your mover.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Typically, full-value protection will cost around 1% of your total shipment value. This protection will automatically be included in your moving quote unless you opt out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Released-Value Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Released-value protection is based on the weight of your belongings and is provided free of charge by your moving company, even if you don’t request it. Released-value protection provides a maximum of 60 cents per pound per damaged article. This means if a vase weighing 4 pounds is broken by movers during your move, you’ll receive a maximum of $2.40 for the damaged item, regardless of its actual value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Because released-value protection is so limited in its coverage, especially for lightweight but high-value items, such as electronics, moving companies require you to sign a waiver acknowledging your decision to forgo full-value protection. If you opt for third-party moving insurance but deny full-value coverage, you will still receive the 60 cents per pound per damaged item offered by released-value protection in addition to any compensation you receive from your insurance provider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Separate Liability Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can purchase additional insurance coverage for your move from a third-party insurance provider. Some movers provide third-party insurance options when you book a move with them, but you can also obtain it from an insurance provider with which you already hold another policy.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This is the most expensive option, costing up to 5% of your moving shipment, but it provides the most protection and offers the most generous coverage limits. Third-party coverage may also cover items of extraordinary value that aren’t covered under full-value protection, such as jewelry, antiques, artwork, and expensive clothing. You can purchase separate liability insurance in addition to full-valuation contents coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"moving-insurance-coverage-exclusions\">Moving Insurance Coverage Exclusions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Complimentary released-value protection provides the least amount of coverage, but both full-value protection and a separate liability policy also have exclusions. The following are common policy exclusions:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Damage caused by natural disasters or acts of God, such as hurricanes, earthquakes, or tornadoes&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage caused by improper packing or handling by the individual moving</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage to hazardous or perishable items</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage to high-value items you did not inform your movers of</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"types-of-moving-insurance-if-you-move-yourself\">Types of Moving Insurance If You Move Yourself</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you elect not to hire a moving company, there are a few coverage options available.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Homeowners or Renters Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Most homeowners and renters insurance policies do not cover items that are lost or damaged while moving. Still, each policy is different and there are exceptions, so check with your insurance company to verify and, if necessary, purchase additional coverage. Some common exclusions of home and renters insurance policies are the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Items damaged due to improper packing</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Items damaged by natural disasters</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Hazardous items</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Relocation or Trip Transit Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Relocation or trip transit insurance can offer belongings coverage to DIY movers. Trip transit insurance protects property in transit against specific perils, such as theft and fire. It only covers a singular shipment, as opposed to transit insurance, which covers all shipments within a specified policy term. Trip transit insurance has exclusions, which may include the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Damage due to insufficiently packed items</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage to the vehicle used to move items</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage caused by natural disasters</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Rental Truck Moving Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rental truck moving coverage is designed to protect DIY movers when they rent a vehicle to move their belongings. This type of coverage is often offered as an add-on to moving truck rental agreements. You can also purchase it from a third-party provider. Some possible exclusions of this type of policy include the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Damage caused by excessive speed</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Damage caused by improper loading or unloading</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Theft of cargo</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"cost\">How Much Does Moving Insurance Cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The cost of moving insurance depends on your belongings’ total value and the coverage you select. The more coverage you have, the higher the cost of your policy.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Federal law requires that moving companies provide released value protection for all interstate moves at no charge. Full-value protection typically costs around 1% of the total value of your belongings, and third-party insurance policies usually cost anywhere from 1% to 5% of the total value. Using these figures, full-value coverage for items valued at $3,500 would cost around $35, while a third-party policy could cost as much as $175.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Our Conclusion</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Moving insurance can bring you peace of mind when your personal belongings are out of your control. While full-value contents coverage offers some protection to interstate movers, a third-party insurance policy can supplement this coverage. DIY movers can opt for trip transit insurance should anything go wrong during their move, such as a vehicle fire or robbery.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The decision comes down to the probability of damage while your goods are in transit and your ability to replace damaged items on your own accord. For an interstate move of a large home with high-value items, the risk is higher that costly items will be damaged. A solo DIY move across town—especially with inexpensive belongings—doesn’t present the same risk, so moving insurance may not be necessary in this case.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Consider the size and distance of your move, the value of your items, and the risk of damage or theft when deciding if you need moving insurance. Check with your home or renters insurance provider to see if it can offer coverage or assist you in obtaining a separate 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.thisoldhouse.com/storage-organization/reviews/do-i-need-moving-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','Do I Need Moving Insurance?','','inherit','closed','closed','','3599-revision-v1','','','2023-10-27 22:26:39','2023-10-27 22:26:39','',3599,'https://smartinsurance.tips/?p=3601',0,'revision','',0),(3602,1,'2023-10-27 22:35:18','2023-10-27 22:35:18','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3603,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-36-1024x1024.png\" alt=\"\" class=\"wp-image-3603\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">When renting a car, you need some types of coverage. But you may be able to get some coverage through your personal auto insurance policy or a credit card.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Here’s how to decide when it’s worth it to&nbsp;pay for coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Rental car insurance can help protect you from out-of-pocket expenses in case of an accident, theft, or damage to the rental vehicle, but the daily fee will increase your rental cost.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your personal auto insurance policy may already provide adequate coverage when you rent a car, so you may not need additional rental car insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Some credit cards offer car insurance benefits if you pay the full rental cost with the card.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The best way to decide if you need car rental insurance is to understand the coverage you already have and what is covered (and isn’t) if you add other protections.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">What Does Rental Car Insurance Cover?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">You’ll likely be offered optional rental car coverage at the counter when you rent a car. These coverage types may differ based on which state you’re renting in, but they typically include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">Collision Damage Waiver (or Loss Damage Waiver)</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">For an extra daily fee on your rental, a collision damage waiver/loss damage waiver (CDW/LDW) can cover any vehicle repair costs if you’re in an accident or if the car is vandalized or damaged during your rental period. It may also cover theft of the rental vehicle. A partial CDW only partially covers the cost and may require you to pay a deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">Personal Effects Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">This optional coverage will reimburse you and the people you’re traveling with for stolen or damaged personal items and luggage while in your rental car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-15\">Personal Accident Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-16\">This insurance pays for medical expenses, including ambulance transport and hospital care, if you or your passengers are injured while in your rental car. It may also provide benefits for an accidental death.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-18\">Supplemental Liability Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">Supplemental liability insurance (SLI) increases the liability coverage dollar amount if you injure someone else or damage their property in an accident. It may also cover damage from uninsured and underinsured drivers. For example, SLI could offer up to $1 million in coverage. And if you have your own auto insurance policy, it could cover the difference between your policy’s coverage and $1 million in damage that you cause to others.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">Emergency Roadside Service</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">This service pays for lost or damaged keys and any towing or taxi charges resulting from broken or lost keys.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-24\">Emergency Sickness Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-25\">This coverage is intended only for international travelers and covers non-U.S. residents for medical and surgical treatments, ambulance, dental and medical office visits, and more. Significant exclusions may be listed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Warning: Most rental car and credit card coverage policies have long lists of exclusions and prohibited behaviors that limit coverage. For example, your CDW may not offer coverage for injury or death while driving under the influence, from a preexisting condition, or if you’re renting the car to get medical treatment. Ensure that you understand your rental car insurance policy’s rules before driving away. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-29\">Does My Insurance Cover Rental Cars?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-30\">If you have insurance policies, the following coverages may extend to driving a rental car:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-32\"><!-- wp:list-item -->\n<li>Auto liability insurance: Covers damage you cause to others (liability) up to your limits</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Auto collision and comprehensive coverage: Covers damage to the rental car</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Homeowners insurance: Covers items you have in the car if stolen or damaged</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Medical insurance: Covers injuries you sustain in an accident</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Life insurance: Provides death benefits if you die in an accident&nbsp;</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">Depending on your home state or the state where you rent the car, your auto insurance may even cover rental car damage if you’re in an accident, even if you don’t have collision coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-36\">However, you must pay your deductible out of pocket for damages and injuries, and you are only insured up to your coverage limits in some cases. Some personal auto insurance policies may limit how long you can rent cars for and be covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-38\">Your insurance may not cover costs that the rental car company could charge you for, like loss of use, which is lost income from being unable to rent the car while it’s repaired. Your insurance may also not pay administrative fees and other charges.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-42\">Rental Car Insurance vs. Your Own Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-43\">If you’re unsure if you need to get car rental insurance when you rent a car, here’s a look at how you could be covered with and without it. Remember that you likely must pay out of pocket if you don’t have a personal policy for the following.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Risk</strong></td><td><strong>Rental Insurance</strong></td><td><strong>Personal Policy</strong></td></tr><tr><td><strong>Rental car damage</strong></td><td>CDW typically repairs vehicle damage and associated fees and costs such as loss of use. May not charge deductibles.</td><td>Typically only covers repairs or vehicle replacement up to the car’s actual value and only if you have collision and/or comprehensive coverage. Charges deductibles.</td></tr><tr><td><strong>Damage you cause to other people or property</strong></td><td>Supplemental liability coverage is available, but the car rental may include state-required minimum liability insurance.</td><td>Your auto policy likely includes adequate liability insurance since many states require it.</td></tr><tr><td><strong>Personal injuries</strong></td><td>Covers medical bills related to a car accident, even in an international location.</td><td>Emergency treatment should be covered by health insurance, personal injury protection (PIP), or medical payments as part of your auto insurance.</td></tr><tr><td><strong>Accidental death</strong></td><td>May be included in medical or accident coverage.</td><td>Life insurance policies offer death benefits and may even pay more for an accidental death. Or you may buy a travel insurance policy.</td></tr><tr><td><strong>Stolen or damaged belongings</strong></td><td>Personal effects coverage provides coverage, but with many limitations.</td><td>A homeowners policy may have fewer limits but charge you a deductible.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-47\">Other Alternatives</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-48\">Other ways to get rental car coverage include the following.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-50\">Credit Card Rental Car Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-51\">Some credit cards provide rental car insurance as a benefit if you pay the entire rental cost with the card. This insurance only covers rental car damage, not liability. Your credit card benefits description will clearly state which coverage type you have. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-53\"><!-- wp:list-item -->\n<li><strong>Primary rental car insurance</strong>: This means that your credit card company will act as your main insurance coverage for rental car damage so that you don’t have to file a claim with your car insurance carrier. Remember: You will still need to file a claim if you damaged someone else’s vehicle or hurt them in an accident.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Secondary rental car insurance</strong>: This insurance can piggyback off of your personal auto insurance policy, covering your deductible and other costs beyond your insurance limits for rental car damage. In some cases, such as international car rental or if you don’t have a primary form of auto insurance, secondary insurance becomes primary insurance.&nbsp;</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">Some credit cards also offer accidental injury and death insurance and coverage for your luggage and other belongings. Read the card policy carefully for coverage rules and exclusions. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-59\">Car Rental Travel Insurance (Third Parties)</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-60\">Depending on your itinerary and destination, you could buy insurance from a third party that includes car rental insurance, medical expenses, and protection for personal items. For example, this may be helpful when traveling abroad if auto policies and credit card insurance benefits don’t provide the specific coverages necessary.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-62\">Special Considerations: Driving Abroad&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-63\">It’s a good idea to speak to your agent to find out if you need to purchase special rental car insurance that will protect you in other countries. For example, if you travel to another country, your personal insurance will probably not cover rental cars. You may also decide to seek out a third-party policy for other potential accidents or injuries that happen abroad.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-65\">How Much Is Rental Car Insurance?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-66\">You can expect to pay around $30 to $50 per day extra, on average, if you decide to add on CDW/LDW and other coverages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-68\">We collected quotes from three rental car providers across three locations (Orlando, Florida; Las Vegas; and Boston) for an economy-sized car in June 2023. Crunching the numbers, we discovered the average car rental insurance costs. Here are the results, rounded to the nearest dollar.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><thead><tr><th colspan=\"4\">Comparison Quotes from 3 Rental Car Agencies</th></tr></thead><tbody><tr><td></td><td><strong>Avis</strong></td><td><strong>Alamo</strong></td><td><strong>Thrifty</strong></td></tr><tr><td><strong>CDW/LDW</strong></td><td>$30</td><td>$29</td><td>$33</td></tr><tr><td><strong>Supplemental Liability Protection (SLP)</strong></td><td>$16</td><td>$13</td><td>$17</td></tr><tr><td><strong>Personal Effects Coverage (PEC)</strong></td><td>$3</td><td>$8</td><td>N/A</td></tr><tr><td><strong>Personal Accident Insurance (PAI)</strong></td><td>$7</td><td>N/A</td><td>$8 (includes PEC)</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-72\">Coverage cost factors depend primarily on the location or state where you’re renting and the car’s value. You may pay far more for luxury vehicles. You may pay less when choosing more than two qualifying coverage products.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-74\">Should I Get Rental Car Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-75\">Rental car insurance can be a good idea in certain circumstances and a waste of money in others.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-77\">Consider car rental insurance if you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-79\"><!-- wp:list-item -->\n<li>Don’t have liability or rental vehicle damage coverage from a personal car insurance policy or a credit card.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Don’t want to deal with the hassle of claims, reimbursement, or other administrative expenses that your insurance company won’t pay.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Want to avoid filing a claim and paying a deductible for a minor fender-bender.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Want additional coverage because the car you’re renting is worth well beyond credit card or personal policy limits.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Plan to share driving duties with someone not insured by your policy to ease future claims.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-81\">Skip the rental car insurance if you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-83\"><!-- wp:list-item -->\n<li>Have full auto insurance coverage with ample liability limits and a deductible you can handle, and you can pay loss of use or other expenses out of pocket without worry.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Have health insurance for medical expenses and homeowners coverage for stolen or damaged personal belongings.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Have a credit card with robust primary or secondary rental car coverage, and you can charge the entire amount to the card as required.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Are traveling to a destination covered by your car and/or credit card insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Find a similar third-party travel insurance policy at a lower price.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What Is the Difference Between Rental Car Insurance and Rental Car Reimbursement Coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rental car insurance covers costs associated with car damage resulting from an accident, theft, or vandalism. In contrast, rental car reimbursement coverage is optional personal auto coverage for your car. It covers up to a set amount per day if you have to rent a car while your vehicle is being repaired.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Do I Need Rental Car Insurance If I Rent a Car Abroad?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When traveling abroad, figure out if and how you’re covered for an accident while driving, including any injuries, damage, and injuries to others. Check with your personal auto insurance company, your health insurance carrier, and your credit cards to get the specifics. If you don’t have adequate coverage (or none at all), you can decide if rental car company coverage or third-party travel insurance will best suit your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does My Credit Card Cover Rental Car Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many credit cards offer secondary rental car insurance for physical damage, which may become primary in limited situations. Call your card to find out how your coverage works. The list of credit cards that offer primary rental car insurance isn’t very long, but if you have travel rewards cards, look to see if it’s a featured benefit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your American Express card may provide secondary rental car physical damage coverage. But you can add primary rental car coverage (called American Express Premium Car Rental Protection) that piggybacks on your card for a per-rental fee and features expanded benefits beyond traditional primary coverage. However, you must sign up before renting the car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does Temporary Car Insurance Cover Rental Cars?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Temporary car insurance policies are not really available in the United States for less than six months at a time. These policies may be more available in other countries, such as the United Kingdom—where you can purchase a policy term for as short as one hour and as long as 30 days, for instance. You can also purchase short-term travel insurance policies that provide some damage coverage in the U.S.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-93\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-94\">Don’t walk up to the rental counter blindsided and confused about whether the rental company’s coverage is worth it. Whether or not you need rental car insurance depends on the coverages that you already carry.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-96\">Compare your coverage through your insurance or credit card to your particular car rental situation. Your best bet is to call your auto insurance agent and/or credit card company and ask if and how you’re covered before picking up your rental car.</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/do-i-need-rental-car-insurance-7546688\">click here.</a></p>\n<!-- /wp:paragraph -->','Do I Need Rental Car Insurance?','','publish','open','open','','do-i-need-rental-car-insurance','','','2023-10-27 22:35:18','2023-10-27 22:35:18','',0,'https://smartinsurance.tips/?p=3602',0,'post','',0),(3603,1,'2023-10-27 22:31:39','2023-10-27 22:31:39','','Untitled-36','','inherit','open','closed','','untitled-36','','','2023-10-27 22:31:39','2023-10-27 22:31:39','',3602,'http://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-36.png',0,'attachment','image/png',0),(3604,1,'2023-10-27 22:35:18','2023-10-27 22:35:18','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3603,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-36-1024x1024.png\" alt=\"\" class=\"wp-image-3603\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">When renting a car, you need some types of coverage. But you may be able to get some coverage through your personal auto insurance policy or a credit card.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Here’s how to decide when it’s worth it to&nbsp;pay for coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Rental car insurance can help protect you from out-of-pocket expenses in case of an accident, theft, or damage to the rental vehicle, but the daily fee will increase your rental cost.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your personal auto insurance policy may already provide adequate coverage when you rent a car, so you may not need additional rental car insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Some credit cards offer car insurance benefits if you pay the full rental cost with the card.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The best way to decide if you need car rental insurance is to understand the coverage you already have and what is covered (and isn’t) if you add other protections.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">What Does Rental Car Insurance Cover?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">You’ll likely be offered optional rental car coverage at the counter when you rent a car. These coverage types may differ based on which state you’re renting in, but they typically include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">Collision Damage Waiver (or Loss Damage Waiver)</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">For an extra daily fee on your rental, a collision damage waiver/loss damage waiver (CDW/LDW) can cover any vehicle repair costs if you’re in an accident or if the car is vandalized or damaged during your rental period. It may also cover theft of the rental vehicle. A partial CDW only partially covers the cost and may require you to pay a deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">Personal Effects Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">This optional coverage will reimburse you and the people you’re traveling with for stolen or damaged personal items and luggage while in your rental car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-15\">Personal Accident Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-16\">This insurance pays for medical expenses, including ambulance transport and hospital care, if you or your passengers are injured while in your rental car. It may also provide benefits for an accidental death.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-18\">Supplemental Liability Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">Supplemental liability insurance (SLI) increases the liability coverage dollar amount if you injure someone else or damage their property in an accident. It may also cover damage from uninsured and underinsured drivers. For example, SLI could offer up to $1 million in coverage. And if you have your own auto insurance policy, it could cover the difference between your policy’s coverage and $1 million in damage that you cause to others.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">Emergency Roadside Service</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">This service pays for lost or damaged keys and any towing or taxi charges resulting from broken or lost keys.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-24\">Emergency Sickness Protection</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-25\">This coverage is intended only for international travelers and covers non-U.S. residents for medical and surgical treatments, ambulance, dental and medical office visits, and more. Significant exclusions may be listed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Warning: Most rental car and credit card coverage policies have long lists of exclusions and prohibited behaviors that limit coverage. For example, your CDW may not offer coverage for injury or death while driving under the influence, from a preexisting condition, or if you’re renting the car to get medical treatment. Ensure that you understand your rental car insurance policy’s rules before driving away. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-29\">Does My Insurance Cover Rental Cars?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-30\">If you have insurance policies, the following coverages may extend to driving a rental car:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-32\"><!-- wp:list-item -->\n<li>Auto liability insurance: Covers damage you cause to others (liability) up to your limits</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Auto collision and comprehensive coverage: Covers damage to the rental car</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Homeowners insurance: Covers items you have in the car if stolen or damaged</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Medical insurance: Covers injuries you sustain in an accident</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Life insurance: Provides death benefits if you die in an accident&nbsp;</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">Depending on your home state or the state where you rent the car, your auto insurance may even cover rental car damage if you’re in an accident, even if you don’t have collision coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-36\">However, you must pay your deductible out of pocket for damages and injuries, and you are only insured up to your coverage limits in some cases. Some personal auto insurance policies may limit how long you can rent cars for and be covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-38\">Your insurance may not cover costs that the rental car company could charge you for, like loss of use, which is lost income from being unable to rent the car while it’s repaired. Your insurance may also not pay administrative fees and other charges.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-42\">Rental Car Insurance vs. Your Own Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-43\">If you’re unsure if you need to get car rental insurance when you rent a car, here’s a look at how you could be covered with and without it. Remember that you likely must pay out of pocket if you don’t have a personal policy for the following.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Risk</strong></td><td><strong>Rental Insurance</strong></td><td><strong>Personal Policy</strong></td></tr><tr><td><strong>Rental car damage</strong></td><td>CDW typically repairs vehicle damage and associated fees and costs such as loss of use. May not charge deductibles.</td><td>Typically only covers repairs or vehicle replacement up to the car’s actual value and only if you have collision and/or comprehensive coverage. Charges deductibles.</td></tr><tr><td><strong>Damage you cause to other people or property</strong></td><td>Supplemental liability coverage is available, but the car rental may include state-required minimum liability insurance.</td><td>Your auto policy likely includes adequate liability insurance since many states require it.</td></tr><tr><td><strong>Personal injuries</strong></td><td>Covers medical bills related to a car accident, even in an international location.</td><td>Emergency treatment should be covered by health insurance, personal injury protection (PIP), or medical payments as part of your auto insurance.</td></tr><tr><td><strong>Accidental death</strong></td><td>May be included in medical or accident coverage.</td><td>Life insurance policies offer death benefits and may even pay more for an accidental death. Or you may buy a travel insurance policy.</td></tr><tr><td><strong>Stolen or damaged belongings</strong></td><td>Personal effects coverage provides coverage, but with many limitations.</td><td>A homeowners policy may have fewer limits but charge you a deductible.</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-47\">Other Alternatives</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-48\">Other ways to get rental car coverage include the following.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-50\">Credit Card Rental Car Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-51\">Some credit cards provide rental car insurance as a benefit if you pay the entire rental cost with the card. This insurance only covers rental car damage, not liability. Your credit card benefits description will clearly state which coverage type you have. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-53\"><!-- wp:list-item -->\n<li><strong>Primary rental car insurance</strong>: This means that your credit card company will act as your main insurance coverage for rental car damage so that you don’t have to file a claim with your car insurance carrier. Remember: You will still need to file a claim if you damaged someone else’s vehicle or hurt them in an accident.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Secondary rental car insurance</strong>: This insurance can piggyback off of your personal auto insurance policy, covering your deductible and other costs beyond your insurance limits for rental car damage. In some cases, such as international car rental or if you don’t have a primary form of auto insurance, secondary insurance becomes primary insurance.&nbsp;</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">Some credit cards also offer accidental injury and death insurance and coverage for your luggage and other belongings. Read the card policy carefully for coverage rules and exclusions. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-59\">Car Rental Travel Insurance (Third Parties)</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-60\">Depending on your itinerary and destination, you could buy insurance from a third party that includes car rental insurance, medical expenses, and protection for personal items. For example, this may be helpful when traveling abroad if auto policies and credit card insurance benefits don’t provide the specific coverages necessary.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-62\">Special Considerations: Driving Abroad&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-63\">It’s a good idea to speak to your agent to find out if you need to purchase special rental car insurance that will protect you in other countries. For example, if you travel to another country, your personal insurance will probably not cover rental cars. You may also decide to seek out a third-party policy for other potential accidents or injuries that happen abroad.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-65\">How Much Is Rental Car Insurance?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-66\">You can expect to pay around $30 to $50 per day extra, on average, if you decide to add on CDW/LDW and other coverages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-68\">We collected quotes from three rental car providers across three locations (Orlando, Florida; Las Vegas; and Boston) for an economy-sized car in June 2023. Crunching the numbers, we discovered the average car rental insurance costs. Here are the results, rounded to the nearest dollar.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><thead><tr><th colspan=\"4\">Comparison Quotes from 3 Rental Car Agencies</th></tr></thead><tbody><tr><td></td><td><strong>Avis</strong></td><td><strong>Alamo</strong></td><td><strong>Thrifty</strong></td></tr><tr><td><strong>CDW/LDW</strong></td><td>$30</td><td>$29</td><td>$33</td></tr><tr><td><strong>Supplemental Liability Protection (SLP)</strong></td><td>$16</td><td>$13</td><td>$17</td></tr><tr><td><strong>Personal Effects Coverage (PEC)</strong></td><td>$3</td><td>$8</td><td>N/A</td></tr><tr><td><strong>Personal Accident Insurance (PAI)</strong></td><td>$7</td><td>N/A</td><td>$8 (includes PEC)</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-72\">Coverage cost factors depend primarily on the location or state where you’re renting and the car’s value. You may pay far more for luxury vehicles. You may pay less when choosing more than two qualifying coverage products.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-74\">Should I Get Rental Car Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-75\">Rental car insurance can be a good idea in certain circumstances and a waste of money in others.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-77\">Consider car rental insurance if you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-79\"><!-- wp:list-item -->\n<li>Don’t have liability or rental vehicle damage coverage from a personal car insurance policy or a credit card.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Don’t want to deal with the hassle of claims, reimbursement, or other administrative expenses that your insurance company won’t pay.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Want to avoid filing a claim and paying a deductible for a minor fender-bender.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Want additional coverage because the car you’re renting is worth well beyond credit card or personal policy limits.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Plan to share driving duties with someone not insured by your policy to ease future claims.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-81\">Skip the rental car insurance if you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-83\"><!-- wp:list-item -->\n<li>Have full auto insurance coverage with ample liability limits and a deductible you can handle, and you can pay loss of use or other expenses out of pocket without worry.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Have health insurance for medical expenses and homeowners coverage for stolen or damaged personal belongings.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Have a credit card with robust primary or secondary rental car coverage, and you can charge the entire amount to the card as required.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Are traveling to a destination covered by your car and/or credit card insurance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Find a similar third-party travel insurance policy at a lower price.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What Is the Difference Between Rental Car Insurance and Rental Car Reimbursement Coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rental car insurance covers costs associated with car damage resulting from an accident, theft, or vandalism. In contrast, rental car reimbursement coverage is optional personal auto coverage for your car. It covers up to a set amount per day if you have to rent a car while your vehicle is being repaired.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Do I Need Rental Car Insurance If I Rent a Car Abroad?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When traveling abroad, figure out if and how you’re covered for an accident while driving, including any injuries, damage, and injuries to others. Check with your personal auto insurance company, your health insurance carrier, and your credit cards to get the specifics. If you don’t have adequate coverage (or none at all), you can decide if rental car company coverage or third-party travel insurance will best suit your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does My Credit Card Cover Rental Car Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many credit cards offer secondary rental car insurance for physical damage, which may become primary in limited situations. Call your card to find out how your coverage works. The list of credit cards that offer primary rental car insurance isn’t very long, but if you have travel rewards cards, look to see if it’s a featured benefit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your American Express card may provide secondary rental car physical damage coverage. But you can add primary rental car coverage (called American Express Premium Car Rental Protection) that piggybacks on your card for a per-rental fee and features expanded benefits beyond traditional primary coverage. However, you must sign up before renting the car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does Temporary Car Insurance Cover Rental Cars?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Temporary car insurance policies are not really available in the United States for less than six months at a time. These policies may be more available in other countries, such as the United Kingdom—where you can purchase a policy term for as short as one hour and as long as 30 days, for instance. You can also purchase short-term travel insurance policies that provide some damage coverage in the U.S.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-93\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-94\">Don’t walk up to the rental counter blindsided and confused about whether the rental company’s coverage is worth it. Whether or not you need rental car insurance depends on the coverages that you already carry.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-96\">Compare your coverage through your insurance or credit card to your particular car rental situation. Your best bet is to call your auto insurance agent and/or credit card company and ask if and how you’re covered before picking up your rental car.</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/do-i-need-rental-car-insurance-7546688\">click here.</a></p>\n<!-- /wp:paragraph -->','Do I Need Rental Car Insurance?','','inherit','closed','closed','','3602-revision-v1','','','2023-10-27 22:35:18','2023-10-27 22:35:18','',3602,'https://smartinsurance.tips/?p=3604',0,'revision','',0),(3605,1,'2023-10-27 22:42:17','2023-10-27 22:42:17','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3606,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/rsz_untitled_37.png\" alt=\"\" class=\"wp-image-3606\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Liability insurance can help cover the other driver’s costs if you’re at fault in a car accident. But liability doesn’t cover your vehicle’s damage. For that protection, you’ll need what’s commonly called full-coverage car insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Not sure which is better? Here’s a closer look at liability vs. full coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Auto liability insurance helps cover physical or bodily damage claims when you’re responsible for damages to another person or their property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Full coverage isn’t an insurance policy. It refers to liability, collision, comprehensive coverage, and other coverages or higher amounts.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Liability insurance is almost always required, while full coverage is only required when you finance or lease a vehicle and a few other circumstances.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The right amount of coverage for you will depend on if you finance a vehicle, the value of your car, your risk tolerance, and more.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">Difference Between Liability and Full-Coverage Car Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><tbody><tr><td></td><td><strong>Liability Car Insurance</strong></td><td><strong>Full-Coverage Car Insurance</strong></td></tr><tr><td><strong>Typically Covers</strong></td><td>• Other driver’s bodily injuries<br>• Other people’s car or property damage you cause</td><td>• Other driver’s bodily injuries<br>• Property damage you cause to others<br>• Damage to your car from collision and non-collision sources</td></tr><tr><td><strong>Limits</strong></td><td>Meets minimum state-required coverage limits</td><td>May have higher coverage limits for liability coverage; collision and comprehensive limits based on the car’s actual value</td></tr><tr><td><strong>Average Cost (annual)</strong></td><td>$631</td><td>$1,176</td></tr><tr><td><strong>Mandatory</strong></td><td>In most states</td><td>Only when you finance or lease a vehicle; some jobs may also require full-coverage car insurance</td></tr><tr><td><strong>Deductible</strong></td><td>None</td><td>A deductible is due when filing a claim on a collision or comprehensive policy claim, ranging from $100 to $2,500; the deductible may be set by your lender.</td></tr><tr><td><strong>Recommended</strong></td><td>Always</td><td>If:<br>• You have an auto loan<br>• Your car is high-value<br>• You don’t want to pay repair costs out of pocket<br>• You’re likely to file a claim for damage<br>• You want extra coverage</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">Liability Car Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">Liability car insurance is designed to help cover the costs if you’re at fault in an accident that causes others to suffer bodily injuries or property damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">What Is Covered&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">Liability insurance includes two coverage types:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-15\"><!-- wp:list-item -->\n<li><strong>Bodily injury liability coverage</strong>: Covers when you’ve caused an accident that resulted in an injured person’s or multiple people’s medical bills, loss of income, legal fees if you’re sued, and pain and suffering.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Property damage liability coverage</strong>: Covers when you’ve caused an accident that resulted in costs requiring repair or replacement of damaged property, such as a person’s vehicle or mailbox. It can also cover your legal defense if you’re sued.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Auto insurance providers set coverage limits on each liability coverage type. Bodily injury limits rely on a per-person and per-accident basis. If damages from an accident exceed your limits, then you’ll be responsible for the difference. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">What Is Not Covered</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Your liability car insurance policy won’t cover:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-24\"><!-- wp:list-item -->\n<li>Costs if you or someone in your vehicle gets hurt</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Repairing your car due to an accident that’s your fault</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Uninsured or underinsured drivers damaging your car</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Claims that are higher than your insurance liability limit&nbsp;</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-26\">Price&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-27\">The liability car insurance cost depends on location, driving record, age, and claims history. The average premium for liability coverage nationwide was $631, or about $52 per month, in 2020, according to a National Association of Insurance Commissioners (NAIC) report published in 2023.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-29\">Is It Required?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-30\">Liability car insurance coverage or an equivalent is required in 48 U.S. states, although the necessary amounts and coverage types vary. There are two exceptions: </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-32\"><!-- wp:list-item -->\n<li>In New Hampshire, you don’t have to carry coverage, but you must be able to prove that you have sufficient funds to meet the minimum financial responsibility requirements.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>In Virginia, you can pay an uninsured motor vehicle fee of $500 per year instead of carrying the minimum required liability coverage.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-34\">Full-Coverage Car Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-35\">While there’s no legal definition of “full-coverage car insurance,” this phrase usually refers to an auto policy that includes a state’s required coverage plus comprehensive and collision coverage. In some cases, full-coverage auto insurance may also mean higher limits than the minimum required by law or other insurance package types.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Important: Each insurance company may define “full coverage” differently, with varying options by state. Ensure that you know what you’re buying, and what your policy does not include. Ask for details on coverages included and the limits for each coverage type.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">What Is Covered&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">Your lender will likely require full-coverage car insurance when you take out a car loan, but it’s not a policy type offered by insurers. Instead, “full coverage” usually means you need to purchase liability coverage along with these two coverage types:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-42\"><!-- wp:list-item -->\n<li><strong>Collision car insurance coverage</strong>: Collision coverage helps to cover the cost of repairing or replacing your vehicle if you’re involved in an accident alone, with another car, or with a stationary object like a light pole.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Comprehensive car insurance coverage</strong>: Comprehensive car insurance coverage helps cover vehicle damage costs resulting from non-collision causes. Examples include damage from floods, fires, animals, theft, and falling tree branches. </li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-44\">Together, collision and comprehensive policies help to cover the costs of repairing or replacing your vehicle in most scenarios. Based on your state or insurer, full coverage for a consumer could also include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-46\"><!-- wp:list-item -->\n<li>Higher limits than the state minimum for bodily injury and physical damage liability coverage</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Personal injury protection (PIP) insurance or medical payments insurance for your or your passengers’ accident-related injuries</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Uninsured or underinsured motorist (UM/UIM) coverage to protect your vehicle from hit-and-runs and drivers without adequate insurance</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Other coverage. You can add towing, roadside assistance, pet coverage, rental car, and gap coverage to cover the difference between your loan or lease amount and any insurance payout.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">What Is Not Covered</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">Full-coverage packages vary by the issuing company, so ask what is and is not included in the policy. There isn’t a universal full-coverage policy that covers every possible risk or situation. For example, your policy will likely contain exclusions that could lead to a claim denial—such as using your car for ride-sharing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-51\">Price&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-52\">Like liability coverage, the price of full-coverage car insurance also depends on various factors. The average annual premium nationwide is $1,176, or $98 per month, according to the latest data from the NAIC.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-56\">Is It Required?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-57\">No state requires full-coverage car insurance, but it may be necessary in the following situations:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-59\"><!-- wp:list-item -->\n<li><strong>Bank or lender</strong>: Your lender may require you to carry collision and comprehensive coverage until your vehicle is paid off.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Leasing agency</strong>: If you leased a vehicle, you might be required to carry collision and comprehensive coverage until your lease is up.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Employers</strong>: Some employers may require job applicants to have full-coverage auto insurance.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>If you encounter a requirement to get full-coverage auto insurance, get details on the coverage types, deductibles, and amounts required. You may also be required to have a deductible below a certain amount, such as $1,000 or $2,500. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Important: If you don’t buy the insurance required, your lender may buy it for you and charge you for doing so through increased premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-65\">Liability vs. Full-Coverage Car Insurance: Which Should You Choose?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-66\">Here are five key factors to consider when deciding between liability and full-coverage car insurance:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-68\">Mandatory Requirements</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-69\">Check your state’s or lender’s insurance coverage requirements. States require liability coverage. Lenders require full coverage—and sometimes specific deductibles. But once your vehicle is paid off, then the need for full coverage and deductible amounts will depend on your situation and preferences. And remember, collision and comprehensive coverage are separate policies. You can add one or the other if you don’t need both.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-71\">Risks and Risk Tolerance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-72\">When you have a higher collision risk, it’s more important to have a variety of coverage. Consider your risks with your:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-74\"><!-- wp:list-item -->\n<li>Accident and claim history</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Driving frequency</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Regular driving routes</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Exposure to potential theft</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Non-collision causes like animals, falling tree branches, floods, or fires</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-76\">Would you rather be safe than sorry with full coverage, or take the risk and save upfront on your premiums with just liability? If you’ve had to file comprehensive claims in the past, you may want to keep that coverage in place.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-78\">Premiums&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-79\">Auto insurers charge different premiums for liability vs. full-coverage car insurance. You’ll pay more every month—about twice as much, on average—for full coverage. But you will get more protection against unexpected vehicle damage. You’ll generally pay higher full-coverage premiums for more expensive cars, frequently stolen vehicles, and cars that cost more to repair.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-81\">Limits</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-82\">You can choose your liability limits. For a full-coverage car insurance policy, you could increase your liability limits to a higher amount. But the car’s actual value determines amounts for comprehensive and collision coverage—you can’t choose the limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-84\">Car Value</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-85\">Your car’s value is also a factor. Think about whether the settlement would justify the insurance costs if your vehicle was totaled. If your car was damaged, would you prefer to pay out of pocket for repairs or replace it without an insurance settlement? Full coverage is often more valuable for newer, higher-value vehicles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does Liability Insurance Cover My Car If I Have an Accident?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your liability insurance won’t cover the cost to repair or replace your car if it’s damaged in an accident. That said, if the other driver is at fault, their liability coverage would cover damages to your vehicle up to their policy’s limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does Full Coverage Cover At-Fault Accidents?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Full-coverage car insurance does cover the cost to repair or replace your vehicle if you damage it in an accident that is your fault (up to your policy’s coverage limits). However, if you or your passengers suffer bodily injuries, full-coverage insurance alone wouldn’t cover the medical bills and other associated costs unless you have personal injury protection (PIP) or medical payments coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When Should I Drop Full Coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can drop full coverage once you’ve paid off your vehicle. It can make sense to do so when the costs outweigh the benefits, such as if repair costs are more than your car is worth or if your driving history indicates you have a low claim-filing risk. Remember, you must then pay all repair or replacement costs out of pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-93\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-94\">Liability car insurance is a must-have in most scenarios. It is typically required by law, affordable, and helps to protect you and others in case of an accident. Full coverage, on the other hand, may not always be necessary.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-96\">If you own your vehicle outright, it could make sense to skip full coverage if you don’t drive much or haven’t filed a claim in many years. It can also make sense if you’re comfortable paying for necessary repairs out of pocket, if your vehicle’s value doesn’t justify the coverage costs, or if you don’t need other types of coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/liability-vs-full-coverage-car-insurance-which-is-better-7501599\">click here.</a></p>\n<!-- /wp:paragraph -->','Liability vs. Full-Coverage Car Insurance: Which Is Better?','','publish','open','open','','liability-vs-full-coverage-car-insurance-which-is-better','','','2023-10-27 22:42:17','2023-10-27 22:42:17','',0,'https://smartinsurance.tips/?p=3605',0,'post','',0),(3606,1,'2023-10-27 22:38:09','2023-10-27 22:38:09','','rsz_untitled_37','','inherit','open','closed','','rsz_untitled_37','','','2023-10-27 22:38:09','2023-10-27 22:38:09','',3605,'http://smartinsurance.tips/wp-content/uploads/2023/10/rsz_untitled_37.png',0,'attachment','image/png',0),(3607,1,'2023-10-27 22:42:17','2023-10-27 22:42:17','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3606,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/rsz_untitled_37.png\" alt=\"\" class=\"wp-image-3606\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Liability insurance can help cover the other driver’s costs if you’re at fault in a car accident. But liability doesn’t cover your vehicle’s damage. For that protection, you’ll need what’s commonly called full-coverage car insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Not sure which is better? Here’s a closer look at liability vs. full coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Auto liability insurance helps cover physical or bodily damage claims when you’re responsible for damages to another person or their property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Full coverage isn’t an insurance policy. It refers to liability, collision, comprehensive coverage, and other coverages or higher amounts.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Liability insurance is almost always required, while full coverage is only required when you finance or lease a vehicle and a few other circumstances.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The right amount of coverage for you will depend on if you finance a vehicle, the value of your car, your risk tolerance, and more.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">Difference Between Liability and Full-Coverage Car Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><tbody><tr><td></td><td><strong>Liability Car Insurance</strong></td><td><strong>Full-Coverage Car Insurance</strong></td></tr><tr><td><strong>Typically Covers</strong></td><td>• Other driver’s bodily injuries<br>• Other people’s car or property damage you cause</td><td>• Other driver’s bodily injuries<br>• Property damage you cause to others<br>• Damage to your car from collision and non-collision sources</td></tr><tr><td><strong>Limits</strong></td><td>Meets minimum state-required coverage limits</td><td>May have higher coverage limits for liability coverage; collision and comprehensive limits based on the car’s actual value</td></tr><tr><td><strong>Average Cost (annual)</strong></td><td>$631</td><td>$1,176</td></tr><tr><td><strong>Mandatory</strong></td><td>In most states</td><td>Only when you finance or lease a vehicle; some jobs may also require full-coverage car insurance</td></tr><tr><td><strong>Deductible</strong></td><td>None</td><td>A deductible is due when filing a claim on a collision or comprehensive policy claim, ranging from $100 to $2,500; the deductible may be set by your lender.</td></tr><tr><td><strong>Recommended</strong></td><td>Always</td><td>If:<br>• You have an auto loan<br>• Your car is high-value<br>• You don’t want to pay repair costs out of pocket<br>• You’re likely to file a claim for damage<br>• You want extra coverage</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">Liability Car Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">Liability car insurance is designed to help cover the costs if you’re at fault in an accident that causes others to suffer bodily injuries or property damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">What Is Covered&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">Liability insurance includes two coverage types:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-15\"><!-- wp:list-item -->\n<li><strong>Bodily injury liability coverage</strong>: Covers when you’ve caused an accident that resulted in an injured person’s or multiple people’s medical bills, loss of income, legal fees if you’re sued, and pain and suffering.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Property damage liability coverage</strong>: Covers when you’ve caused an accident that resulted in costs requiring repair or replacement of damaged property, such as a person’s vehicle or mailbox. It can also cover your legal defense if you’re sued.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Auto insurance providers set coverage limits on each liability coverage type. Bodily injury limits rely on a per-person and per-accident basis. If damages from an accident exceed your limits, then you’ll be responsible for the difference. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">What Is Not Covered</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Your liability car insurance policy won’t cover:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-24\"><!-- wp:list-item -->\n<li>Costs if you or someone in your vehicle gets hurt</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Repairing your car due to an accident that’s your fault</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Uninsured or underinsured drivers damaging your car</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Claims that are higher than your insurance liability limit&nbsp;</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-26\">Price&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-27\">The liability car insurance cost depends on location, driving record, age, and claims history. The average premium for liability coverage nationwide was $631, or about $52 per month, in 2020, according to a National Association of Insurance Commissioners (NAIC) report published in 2023.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-29\">Is It Required?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-30\">Liability car insurance coverage or an equivalent is required in 48 U.S. states, although the necessary amounts and coverage types vary. There are two exceptions: </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-32\"><!-- wp:list-item -->\n<li>In New Hampshire, you don’t have to carry coverage, but you must be able to prove that you have sufficient funds to meet the minimum financial responsibility requirements.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>In Virginia, you can pay an uninsured motor vehicle fee of $500 per year instead of carrying the minimum required liability coverage.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-34\">Full-Coverage Car Insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-35\">While there’s no legal definition of “full-coverage car insurance,” this phrase usually refers to an auto policy that includes a state’s required coverage plus comprehensive and collision coverage. In some cases, full-coverage auto insurance may also mean higher limits than the minimum required by law or other insurance package types.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Important: Each insurance company may define “full coverage” differently, with varying options by state. Ensure that you know what you’re buying, and what your policy does not include. Ask for details on coverages included and the limits for each coverage type.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">What Is Covered&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">Your lender will likely require full-coverage car insurance when you take out a car loan, but it’s not a policy type offered by insurers. Instead, “full coverage” usually means you need to purchase liability coverage along with these two coverage types:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-42\"><!-- wp:list-item -->\n<li><strong>Collision car insurance coverage</strong>: Collision coverage helps to cover the cost of repairing or replacing your vehicle if you’re involved in an accident alone, with another car, or with a stationary object like a light pole.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Comprehensive car insurance coverage</strong>: Comprehensive car insurance coverage helps cover vehicle damage costs resulting from non-collision causes. Examples include damage from floods, fires, animals, theft, and falling tree branches. </li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-44\">Together, collision and comprehensive policies help to cover the costs of repairing or replacing your vehicle in most scenarios. Based on your state or insurer, full coverage for a consumer could also include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-46\"><!-- wp:list-item -->\n<li>Higher limits than the state minimum for bodily injury and physical damage liability coverage</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Personal injury protection (PIP) insurance or medical payments insurance for your or your passengers’ accident-related injuries</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Uninsured or underinsured motorist (UM/UIM) coverage to protect your vehicle from hit-and-runs and drivers without adequate insurance</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Other coverage. You can add towing, roadside assistance, pet coverage, rental car, and gap coverage to cover the difference between your loan or lease amount and any insurance payout.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">What Is Not Covered</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">Full-coverage packages vary by the issuing company, so ask what is and is not included in the policy. There isn’t a universal full-coverage policy that covers every possible risk or situation. For example, your policy will likely contain exclusions that could lead to a claim denial—such as using your car for ride-sharing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-51\">Price&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-52\">Like liability coverage, the price of full-coverage car insurance also depends on various factors. The average annual premium nationwide is $1,176, or $98 per month, according to the latest data from the NAIC.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-56\">Is It Required?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-57\">No state requires full-coverage car insurance, but it may be necessary in the following situations:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-59\"><!-- wp:list-item -->\n<li><strong>Bank or lender</strong>: Your lender may require you to carry collision and comprehensive coverage until your vehicle is paid off.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Leasing agency</strong>: If you leased a vehicle, you might be required to carry collision and comprehensive coverage until your lease is up.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Employers</strong>: Some employers may require job applicants to have full-coverage auto insurance.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>If you encounter a requirement to get full-coverage auto insurance, get details on the coverage types, deductibles, and amounts required. You may also be required to have a deductible below a certain amount, such as $1,000 or $2,500. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Important: If you don’t buy the insurance required, your lender may buy it for you and charge you for doing so through increased premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-65\">Liability vs. Full-Coverage Car Insurance: Which Should You Choose?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-66\">Here are five key factors to consider when deciding between liability and full-coverage car insurance:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-68\">Mandatory Requirements</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-69\">Check your state’s or lender’s insurance coverage requirements. States require liability coverage. Lenders require full coverage—and sometimes specific deductibles. But once your vehicle is paid off, then the need for full coverage and deductible amounts will depend on your situation and preferences. And remember, collision and comprehensive coverage are separate policies. You can add one or the other if you don’t need both.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-71\">Risks and Risk Tolerance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-72\">When you have a higher collision risk, it’s more important to have a variety of coverage. Consider your risks with your:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-74\"><!-- wp:list-item -->\n<li>Accident and claim history</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Driving frequency</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Regular driving routes</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Exposure to potential theft</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Non-collision causes like animals, falling tree branches, floods, or fires</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-76\">Would you rather be safe than sorry with full coverage, or take the risk and save upfront on your premiums with just liability? If you’ve had to file comprehensive claims in the past, you may want to keep that coverage in place.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-78\">Premiums&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-79\">Auto insurers charge different premiums for liability vs. full-coverage car insurance. You’ll pay more every month—about twice as much, on average—for full coverage. But you will get more protection against unexpected vehicle damage. You’ll generally pay higher full-coverage premiums for more expensive cars, frequently stolen vehicles, and cars that cost more to repair.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-81\">Limits</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-82\">You can choose your liability limits. For a full-coverage car insurance policy, you could increase your liability limits to a higher amount. But the car’s actual value determines amounts for comprehensive and collision coverage—you can’t choose the limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-84\">Car Value</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-85\">Your car’s value is also a factor. Think about whether the settlement would justify the insurance costs if your vehicle was totaled. If your car was damaged, would you prefer to pay out of pocket for repairs or replace it without an insurance settlement? Full coverage is often more valuable for newer, higher-value vehicles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does Liability Insurance Cover My Car If I Have an Accident?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your liability insurance won’t cover the cost to repair or replace your car if it’s damaged in an accident. That said, if the other driver is at fault, their liability coverage would cover damages to your vehicle up to their policy’s limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Does Full Coverage Cover At-Fault Accidents?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Full-coverage car insurance does cover the cost to repair or replace your vehicle if you damage it in an accident that is your fault (up to your policy’s coverage limits). However, if you or your passengers suffer bodily injuries, full-coverage insurance alone wouldn’t cover the medical bills and other associated costs unless you have personal injury protection (PIP) or medical payments coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">When Should I Drop Full Coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can drop full coverage once you’ve paid off your vehicle. It can make sense to do so when the costs outweigh the benefits, such as if repair costs are more than your car is worth or if your driving history indicates you have a low claim-filing risk. Remember, you must then pay all repair or replacement costs out of pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-93\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-94\">Liability car insurance is a must-have in most scenarios. It is typically required by law, affordable, and helps to protect you and others in case of an accident. Full coverage, on the other hand, may not always be necessary.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-96\">If you own your vehicle outright, it could make sense to skip full coverage if you don’t drive much or haven’t filed a claim in many years. It can also make sense if you’re comfortable paying for necessary repairs out of pocket, if your vehicle’s value doesn’t justify the coverage costs, or if you don’t need other types of coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.investopedia.com/liability-vs-full-coverage-car-insurance-which-is-better-7501599\">click here.</a></p>\n<!-- /wp:paragraph -->','Liability vs. Full-Coverage Car Insurance: Which Is Better?','','inherit','closed','closed','','3605-revision-v1','','','2023-10-27 22:42:17','2023-10-27 22:42:17','',3605,'https://smartinsurance.tips/?p=3607',0,'revision','',0),(3608,1,'2023-10-27 22:46:16','2023-10-27 22:46:16','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3609,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-38-1024x1024.png\" alt=\"\" class=\"wp-image-3609\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Collecting vintage or antique items is a growing hobby, especially with sites like eBay making finding and purchasing as easy as a few clicks of a mouse. Collections can also easily be passed down from generation to generation. You may have inherited your grandmother’s thimble collection or your father’s set of hand-carved tobacco pipes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Many collectors start out small and expand their collection over time. Once a collection becomes valuable, you’ll need to see that it’s insured properly. What you may not know is that most homeowners insurance policies limit or exclude coverage for artwork and other collectibles. If you have a valuable collection, you may need to seek out separate collectibles insurance. Here are the steps to make sure you’re fully covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Homeowners insurance usually either does not cover collectibles or imposes a low limit on the coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If you have valuable collections, it is generally wise to arrange for separate coverage of them.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You need to document your collection and have it appraised before insuring it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Once on a plan, understand the requirements for coverage including how to safeguard your assets and what to submit for a claim.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If you\'re an active collector, periodically evaluate your insurance plan to make sure your coverage is adequate.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">1. Review Your Current Homeowners Policy</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">Some home insurance policies limit coverage of non-household items to a maximum claim amount, usually anywhere from $500 to $2,000. Some policies deny coverage for these types of items altogether.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">If you think that your collection might be worth more than you are covered for, you will have to obtain separate insurance specific to the collection. Your current insurer may be able to add a rider to your policy to specifically insure the collection. If not, you will need to seek out a specialty insurer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-11\">2. Document Your Collection</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">Regardless of how you are insuring your collection, you must be able to prove what you own and what it was worth to eventually process a claim. Therefore, the first step is to create a list of your collection and document the date purchased, amount paid, and any other important details.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">Take pictures of every piece and keep them in a secure location, such as a fire safe or safety deposit box. Keep receipts for any new additions to the collection and documentation for any prior appraisals you have received. If you have any books that show values for the types of items you collect, keep those handy to be able to back up your claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-16\">3. Get an Appraisal</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">If you think your collection is worth more than a few thousand dollars or if it is a specialized area that will make assigning a value to the collectibles difficult, consider getting a formal appraisal. Getting a formal appraisal by an expert will help you to know how much insurance you need. It will also back up your claim should you have an insurable loss with an external valuation with supporting documentation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">Finding an appraiser may be as easy as picking up a phone book. However, if your collection is specialized, it may be more difficult to have your pieces appraised. If you attend vintage or antique shows in your area of collection, consider asking other members of the community for advice on choosing an appraiser and how much it will likely cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Important: Most appraisers belong to at least one of the three major appraisal organizations in the United States. Those organizations are the Appraisers Association of America, the American Society of Appraisers, and the International Society of Appraisers. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-23\">4. Find an Insurer</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">Once you know what your collection is worth, shop around for insurance. Start with your current insurer and ask if you can increase your existing insurance coverage to include the collection. This is often the most inexpensive method of insurance. If not, research other insurance options with specialized insurers. Talk to other collectors in your field and search online for other options.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">For example, Collectibles Insurance Services, LLC, specializes in everything from vintage teddy bears to antique firearms collections and is a popular insurer with eBay collectors. Other insurers that offer protection for high-end artwork and other valuable collections include AXA Art Insurance Co. and Lloyd’s of London.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">When comparing insurance policies, make sure they cover a wide range of losses, such as fire, theft, breakage, and loss through the mail. Some policies only cover losses in your home, so, if you attend shows or otherwise travel with your collection, make sure your policy covers you wherever you are.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-30\">5. Understand and Comply With Your Insurance Plan</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">Once you\'re on the plan, understand the restrictions and limitations. For example, your insurance plan may require your collectibles to be maintained in a certain way with safekeeping performed based on specific criteria. If you fail to comply with the insurance plan requirements, you may not be eligible for an insurance claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">Your insurance plan may require you to notify your insurer if you purchase an expensive collectible and wish to quickly add it to your plan. Some insurance plans may restrict coverage based on the acquisition of the collectible\'s date. In addition, your insurance company may extend a short-term temporary coverage plan while new additions are formally added to your primary plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-35\">Should you need to submit an insurance claim, it\'s best to understand what your insurance company requires for substantiation before the loss occurs. Reach out to your insurance agent to communicate their expectations around what evidence they need, how soon after a loss a claim needs to be submitted, and what unique conditions surround the coverage for your rare collectible. This also includes how soon after an insurance claim is submitted the company expects to evaluate and award funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">6. Periodically Reevaluate Your Collection and Plan</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If you\'re an avid collector, it\'s likely that your collection will continue to grow in size or appreciate in value. Depending on how often you expand your collectibles portfolio, consider periodically evaluating your insurance coverage. This includes making sure you have adequate dollar coverage and the types of losses covered are still relevant.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">Alternatively, if you decide to part ways with some items, consider decreasing coverage if your collectible portfolio no longer warrants the original coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Are Collectibles Covered Under Homeowners Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Collectibles may be covered under some homeowner insurance plans, though their coverage may be limited. There may also be restricted coverage should the collectibles leave your property (i.e. be on the road with you to a convention). It is highly advisable to review your existing insurance plan and contact your broker to clarify.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Much Does It Cost to Insure Collectibles?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurance plans are based on coverage value, and these plans will vary greatly between brokers, services, and terms. In general, it often costs a few dollars ($1-$5 per year) for every $1,000 of insurance coverage obtained for collectibles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Does Collectible Insurance Work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Collectible insurance plans are different than other plans such as homeowners insurance. Under a collectible insurance plan, the insurance company will often award agreed-value coverage which will often vary from the immediate cash value of your collectible. The insurance company will evaluate the rarity and condition of your good and award insurance claims should conditions be met that warrant insurance proceeds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Can I Protect My Collectibles?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Collectibles can be insured. Although some traditional insurance companies that offer homeowners insurance may not cover your collectibles, there are private firms that offer specific coverage plans for your assets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Do You Determine Insurance Value of Collectibles?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Prior to being covered by insurance, collectibles should be appraised by an independent third-party expert. This expert should be proficient in the field relevant to your collectible. This appraised value will be the starting point for your insurance coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-54\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">Insuring your valuable collectibles is just as important as ensuring the rest of your home’s contents. With a little research, you can find the perfect fit for what you collect, from antique cars to sports memorabilia to vintage doilies.</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/financial-edge/0911/should-you-insure-your-collectibles.aspx#:~:text=Key%20Takeaways,it%20appraised%20before%20insuring%20it.\">click here.</a></p>\n<!-- /wp:paragraph -->','Should You Insure Your Collectibles?','','publish','open','open','','should-you-insure-your-collectibles','','','2023-10-27 22:46:16','2023-10-27 22:46:16','',0,'https://smartinsurance.tips/?p=3608',0,'post','',0),(3609,1,'2023-10-27 22:43:45','2023-10-27 22:43:45','','Untitled-38','','inherit','open','closed','','untitled-38','','','2023-10-27 22:43:45','2023-10-27 22:43:45','',3608,'http://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-38.png',0,'attachment','image/png',0),(3610,1,'2023-10-27 22:46:16','2023-10-27 22:46:16','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3609,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/10/Untitled-38-1024x1024.png\" alt=\"\" class=\"wp-image-3609\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Collecting vintage or antique items is a growing hobby, especially with sites like eBay making finding and purchasing as easy as a few clicks of a mouse. Collections can also easily be passed down from generation to generation. You may have inherited your grandmother’s thimble collection or your father’s set of hand-carved tobacco pipes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Many collectors start out small and expand their collection over time. Once a collection becomes valuable, you’ll need to see that it’s insured properly. What you may not know is that most homeowners insurance policies limit or exclude coverage for artwork and other collectibles. If you have a valuable collection, you may need to seek out separate collectibles insurance. Here are the steps to make sure you’re fully covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Homeowners insurance usually either does not cover collectibles or imposes a low limit on the coverage.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If you have valuable collections, it is generally wise to arrange for separate coverage of them.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You need to document your collection and have it appraised before insuring it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Once on a plan, understand the requirements for coverage including how to safeguard your assets and what to submit for a claim.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If you\'re an active collector, periodically evaluate your insurance plan to make sure your coverage is adequate.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-6\">1. Review Your Current Homeowners Policy</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">Some home insurance policies limit coverage of non-household items to a maximum claim amount, usually anywhere from $500 to $2,000. Some policies deny coverage for these types of items altogether.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">If you think that your collection might be worth more than you are covered for, you will have to obtain separate insurance specific to the collection. Your current insurer may be able to add a rider to your policy to specifically insure the collection. If not, you will need to seek out a specialty insurer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-11\">2. Document Your Collection</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-12\">Regardless of how you are insuring your collection, you must be able to prove what you own and what it was worth to eventually process a claim. Therefore, the first step is to create a list of your collection and document the date purchased, amount paid, and any other important details.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">Take pictures of every piece and keep them in a secure location, such as a fire safe or safety deposit box. Keep receipts for any new additions to the collection and documentation for any prior appraisals you have received. If you have any books that show values for the types of items you collect, keep those handy to be able to back up your claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-16\">3. Get an Appraisal</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">If you think your collection is worth more than a few thousand dollars or if it is a specialized area that will make assigning a value to the collectibles difficult, consider getting a formal appraisal. Getting a formal appraisal by an expert will help you to know how much insurance you need. It will also back up your claim should you have an insurable loss with an external valuation with supporting documentation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-19\">Finding an appraiser may be as easy as picking up a phone book. However, if your collection is specialized, it may be more difficult to have your pieces appraised. If you attend vintage or antique shows in your area of collection, consider asking other members of the community for advice on choosing an appraiser and how much it will likely cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Important: Most appraisers belong to at least one of the three major appraisal organizations in the United States. Those organizations are the Appraisers Association of America, the American Society of Appraisers, and the International Society of Appraisers. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-23\">4. Find an Insurer</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">Once you know what your collection is worth, shop around for insurance. Start with your current insurer and ask if you can increase your existing insurance coverage to include the collection. This is often the most inexpensive method of insurance. If not, research other insurance options with specialized insurers. Talk to other collectors in your field and search online for other options.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">For example, Collectibles Insurance Services, LLC, specializes in everything from vintage teddy bears to antique firearms collections and is a popular insurer with eBay collectors. Other insurers that offer protection for high-end artwork and other valuable collections include AXA Art Insurance Co. and Lloyd’s of London.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">When comparing insurance policies, make sure they cover a wide range of losses, such as fire, theft, breakage, and loss through the mail. Some policies only cover losses in your home, so, if you attend shows or otherwise travel with your collection, make sure your policy covers you wherever you are.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-30\">5. Understand and Comply With Your Insurance Plan</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">Once you\'re on the plan, understand the restrictions and limitations. For example, your insurance plan may require your collectibles to be maintained in a certain way with safekeeping performed based on specific criteria. If you fail to comply with the insurance plan requirements, you may not be eligible for an insurance claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">Your insurance plan may require you to notify your insurer if you purchase an expensive collectible and wish to quickly add it to your plan. Some insurance plans may restrict coverage based on the acquisition of the collectible\'s date. In addition, your insurance company may extend a short-term temporary coverage plan while new additions are formally added to your primary plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-35\">Should you need to submit an insurance claim, it\'s best to understand what your insurance company requires for substantiation before the loss occurs. Reach out to your insurance agent to communicate their expectations around what evidence they need, how soon after a loss a claim needs to be submitted, and what unique conditions surround the coverage for your rare collectible. This also includes how soon after an insurance claim is submitted the company expects to evaluate and award funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">6. Periodically Reevaluate Your Collection and Plan</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If you\'re an avid collector, it\'s likely that your collection will continue to grow in size or appreciate in value. Depending on how often you expand your collectibles portfolio, consider periodically evaluating your insurance coverage. This includes making sure you have adequate dollar coverage and the types of losses covered are still relevant.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">Alternatively, if you decide to part ways with some items, consider decreasing coverage if your collectible portfolio no longer warrants the original coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Are Collectibles Covered Under Homeowners Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Collectibles may be covered under some homeowner insurance plans, though their coverage may be limited. There may also be restricted coverage should the collectibles leave your property (i.e. be on the road with you to a convention). It is highly advisable to review your existing insurance plan and contact your broker to clarify.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Much Does It Cost to Insure Collectibles?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurance plans are based on coverage value, and these plans will vary greatly between brokers, services, and terms. In general, it often costs a few dollars ($1-$5 per year) for every $1,000 of insurance coverage obtained for collectibles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Does Collectible Insurance Work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Collectible insurance plans are different than other plans such as homeowners insurance. Under a collectible insurance plan, the insurance company will often award agreed-value coverage which will often vary from the immediate cash value of your collectible. The insurance company will evaluate the rarity and condition of your good and award insurance claims should conditions be met that warrant insurance proceeds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Can I Protect My Collectibles?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Collectibles can be insured. Although some traditional insurance companies that offer homeowners insurance may not cover your collectibles, there are private firms that offer specific coverage plans for your assets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How Do You Determine Insurance Value of Collectibles?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Prior to being covered by insurance, collectibles should be appraised by an independent third-party expert. This expert should be proficient in the field relevant to your collectible. This appraised value will be the starting point for your insurance coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-54\">The Bottom Line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">Insuring your valuable collectibles is just as important as ensuring the rest of your home’s contents. With a little research, you can find the perfect fit for what you collect, from antique cars to sports memorabilia to vintage doilies.</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/financial-edge/0911/should-you-insure-your-collectibles.aspx#:~:text=Key%20Takeaways,it%20appraised%20before%20insuring%20it.\">click here.</a></p>\n<!-- /wp:paragraph -->','Should You Insure Your Collectibles?','','inherit','closed','closed','','3608-revision-v1','','','2023-10-27 22:46:16','2023-10-27 22:46:16','',3608,'https://smartinsurance.tips/?p=3610',0,'revision','',0),(3611,1,'2023-11-02 16:27:14','2023-11-02 16:27:14','<!-- wp:paragraph -->\n<p>Sometimes a good old-fashioned road trip is just the vacation you need. Driving vacations can be as leisurely or as hectic as you want, and you never have to stick to a schedule. They also can be more affordable than trips involving flights and resorts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That’s not to say there aren’t expenses. Gas and tolls can add up, and eating out can leave the family budget whimpering “uncle.” Here are 13 ways to save money on road trips so you can enjoy a fun and affordable vacation.</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\":3613,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-29-1-1024x1024.png\" alt=\"\" class=\"wp-image-3613\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">1. Camp</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hotels aren’t cheap, but campsites are. If you already have a tent, sleeping bags and other gear, camping will often be your cheapest road trip accommodation option and a great way to save money on lodging. Many campgrounds can accommodate walk-ins, but the most popular sites in national parks will need to be reserved months in advance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can borrow or rent camping gear if you’re not ready to invest in your own set; you’ll waste money if you buy everything new for one trip and never camp again. If sleeping on the ground isn’t your bag, look for campgrounds with primitive camping cabins to rent. Or rent an RV; it’s more expensive than camping, but may be cheaper than staying in hotels.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Not only will you save money on road trip accommodations, but many campgrounds are set in parks with free or cheap outdoor activities. With no fancy restaurants or coffee shops nearby, it’s easy not to splurge on travel-related food purchases.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">2. Rent</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Another affordable accommodation option is to rent a house, cabin or apartment through sites like VRBO or Airbnb. Rentals can be more affordable than hotel rooms, especially with larger groups, but you also get more for your money, with multiple bedrooms, a full kitchen, and often extra amenities, such as game rooms or hot tubs. If you really want to save, use AirBnB to rent out just a room or bed in someone’s home; you may or may not have access to common living areas or a kitchen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">3. Bring food</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Any frugalista knows that it’s cheaper to eat at home than at a restaurant. Your road trip vacation costs will quickly add up if you’re eating out three meals a day – plus stopping for ice cream or gas station snacks along the way. You’ll save more if you bring food and snacks from home, or pick up sandwich fixings and breakfast cereal at local supermarkets at your destination. Try to limit yourself to only one – or better yet, zero – restaurant stops each day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">4. Get a pass</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Do you plan on visiting multiple National Parks, staying at several KOA campgrounds or touring multiple big-name attractions in your destination city? You can save by purchasing a pass. Plus, seniors and children may be eligible for free or reduced-rate passes. Check for passes and discounts on those passes to save money on your next road trip.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The National Park Service and many state or regional park associations will sell you an annual pass at a price equivalent to a few entrance fees. Hit more than one park in one road trip or over the course of one year, and your pass has now paid for itself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In addition, veterans and active-duty military, seniors, U.S. citizens with permanent disabilities and fourth graders are all eligible for free or discounted National Park entry or passes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>CityPASS offers a discounted rate if you plan on visiting many of the major attractions in a city. KOA offers a 10% discount and the occasional free night for campers who purchase its KOA rewards card. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">5. Head outdoors</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hiking, fishing, snowshoeing, Frisbee golf, swimming, playing on playgrounds, canoeing and kayaking – all of these activities can be done cheaply or for free. If you’re on a tight vacation budget, limit, or skip entirely, your visits to expensive amusement parks, science museums and other indoor attractions, and give preference to outdoor pursuits that won’t break the bank. You’ll still have fun, and you’ll get fresh air and exercise to boot.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">6. Pair up and split costs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Traveling with friends is twice the fun at half the cost. You can share a rental home, RV or campsite, and split food prep and costs. If you all fit in one large car, you can take turns paying for gas. Plus, your friends might have gear you don’t have, so you can save the money you’d otherwise pay to rent that tent or fishing pole.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Plus, chatting with friends or playing board games together is somehow more fun in a group than when it’s just you and your spouse. That means you won’t be looking to spend money on evening entertainment just to have something to do at night.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">7. Get a tune-up</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re going to put serious mileage on your car make sure it’s road trip-ready before you set out. Take your car to the shop for a tune-up, and have the mechanics check the fluid levels and filters, the state of your tires and spare, and the condition of the engine and headlights. (Or do it yourself if you’re knowledgeable about cars.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While a tune-up will cost you, it will be far cheaper than breaking down on the road, hiring a tow truck and paying for expedited repairs from an unfamiliar garage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">8. Prepare for emergencies</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While you’re checking out your car, make sure the tire iron, jack and jumper cables are in the trunk. You want to be prepared for any unexpected events. Stow an emergency kit with first aid supplies, warm clothing or blankets, flares, flashlight, paper towels or rags, and a garbage bag. The more prepared you are, the less you’ll need to rely on expensive emergency services.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, consider signing up for AAA or another roadside assistance program. You’re covered if something goes wrong, plus some offer other perks, such as free maps, route planning and attraction discounts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">9. Don’t speed</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There’s something about driving for hours that makes you antsy to get there already. Suddenly, 80 mph feels like 55. If you’re tempted to speed, don’t. Cars are more fuel- efficient between 50 and 60 mph, so you’ll go farther on your tank of gas if you stick to the speed limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Plus, the faster you drive, the less time you have to react to a car cutting you off, an object in the road or that exit you’re about to miss. That means you’re more likely to get into an accident – and we all know that crashes are both dangerous and expensive. Stay safe, so you can enjoy your road trip destination … when you eventually get there.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">10. Plan for cheap gas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rest areas along the highway know they have a captive audience, and have no incentive to discount prices on gas. If you want to save money on road trip gas, you’ll need to plan ahead.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Use a gas app like GasBuddy to find the cheapest gas along your route. Bring extra cash so you can take advantage of any discounts for paying in dollars rather than with a credit card. If you’re a Costco member, look for Costco warehouses with gas stations along your route; they often have the cheapest prices for gas.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Or, sign up for a program, such as Shell’s Fuel Rewards, Pay With GasBuddy or your supermarket’s fuel points program. They all let you earn points toward free gas or receive discounts on fuel costs. Register well before your trip, and hoard your points to use to cut your road trip gas costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">11. Map out your route</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Nothing wastes gas and money more than getting lost and driving miles out of your way. A road trip is no time to wing it. Plan the best route for your road trip before you leave home, and have a few alternative routes in mind in case you need to detour around an accident or want to hit an extra attraction because you’re making good time. Use a map app, or get route-planning help from your roadside assistance program.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You’ll also save money when you don’t have to stop for an emergency dinner at the only restaurant available because you didn’t make it to your destination in time for your planned meal and everyone is hungry and cranky. Phew!</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">12. Plan for parking</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If your road trip destination is a city, you might find that your hotel or rental doesn’t come with free parking. Parking fees can eat through your road trip budget faster than you can say “parking lot.” Read our story about apps to save you money on the go; it includes ways to save on parking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To save money, investigate the parking situation for your accommodations before you hit the road. If free parking is not available, search for the most affordable parking options nearby. Is there a lot with a flat 24-hour rate and reentry privileges? Should you park outside the city and take public transportation to your final destination?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even better, don’t book that rental apartment or motel without understanding the parking options and fees. It might be better to stay a bit farther out of the city at a place with free parking, and use public transit to get around — or only pay for parking when you absolutely need to.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">13. Avoid tolls</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When you have a choice of routes, pick the one with the fewest tolls. Those toll roads don’t always save you time, and if they’re slightly shorter than other options, the money you spend in tolls could be more than what you spend in gas on the alternative highway. Plus, if the toll road gets backed up, you might have fewer options for exiting and detouring around the problem.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If the toll road is your best bet, you might be able to save money by purchasing a transponder that works with E-ZPass or other electric toll systems. Some toll roads charge a lower fee to cars who pay electronically versus those that pay in cash; others have discounts for autopay plans and high usage. Plus, a transponder saves you from digging frantically in your purse and pockets for exact change and from the tickets you’d get for blowing through a toll gate if you don’t have cash on hand.</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://livingonthecheap.com/ways-to-save-money-on-road-trips/\">click here.</a></p>\n<!-- /wp:paragraph -->','13 Ways to Save Money on Road Trips','','publish','open','open','','13-ways-to-save-money-on-road-trips','','','2023-11-02 16:27:14','2023-11-02 16:27:14','',0,'http://smartinsurance.tips/?p=3611',0,'post','',0),(3612,1,'2023-11-02 16:16:44','2023-11-02 16:16:44','','Untitled-29','','inherit','open','closed','','untitled-29','','','2023-11-02 16:16:44','2023-11-02 16:16:44','',3611,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-29.png',0,'attachment','image/png',0),(3613,1,'2023-11-02 16:17:16','2023-11-02 16:17:16','','Untitled-29-1','','inherit','open','closed','','untitled-29-1','','','2023-11-02 16:17:16','2023-11-02 16:17:16','',3611,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-29-1.png',0,'attachment','image/png',0),(3614,1,'2023-11-02 16:27:14','2023-11-02 16:27:14','<!-- wp:paragraph -->\n<p>Sometimes a good old-fashioned road trip is just the vacation you need. Driving vacations can be as leisurely or as hectic as you want, and you never have to stick to a schedule. They also can be more affordable than trips involving flights and resorts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That’s not to say there aren’t expenses. Gas and tolls can add up, and eating out can leave the family budget whimpering “uncle.” Here are 13 ways to save money on road trips so you can enjoy a fun and affordable vacation.</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\":3613,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-29-1-1024x1024.png\" alt=\"\" class=\"wp-image-3613\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">1. Camp</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hotels aren’t cheap, but campsites are. If you already have a tent, sleeping bags and other gear, camping will often be your cheapest road trip accommodation option and a great way to save money on lodging. Many campgrounds can accommodate walk-ins, but the most popular sites in national parks will need to be reserved months in advance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can borrow or rent camping gear if you’re not ready to invest in your own set; you’ll waste money if you buy everything new for one trip and never camp again. If sleeping on the ground isn’t your bag, look for campgrounds with primitive camping cabins to rent. Or rent an RV; it’s more expensive than camping, but may be cheaper than staying in hotels.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Not only will you save money on road trip accommodations, but many campgrounds are set in parks with free or cheap outdoor activities. With no fancy restaurants or coffee shops nearby, it’s easy not to splurge on travel-related food purchases.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">2. Rent</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Another affordable accommodation option is to rent a house, cabin or apartment through sites like VRBO or Airbnb. Rentals can be more affordable than hotel rooms, especially with larger groups, but you also get more for your money, with multiple bedrooms, a full kitchen, and often extra amenities, such as game rooms or hot tubs. If you really want to save, use AirBnB to rent out just a room or bed in someone’s home; you may or may not have access to common living areas or a kitchen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">3. Bring food</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Any frugalista knows that it’s cheaper to eat at home than at a restaurant. Your road trip vacation costs will quickly add up if you’re eating out three meals a day – plus stopping for ice cream or gas station snacks along the way. You’ll save more if you bring food and snacks from home, or pick up sandwich fixings and breakfast cereal at local supermarkets at your destination. Try to limit yourself to only one – or better yet, zero – restaurant stops each day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">4. Get a pass</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Do you plan on visiting multiple National Parks, staying at several KOA campgrounds or touring multiple big-name attractions in your destination city? You can save by purchasing a pass. Plus, seniors and children may be eligible for free or reduced-rate passes. Check for passes and discounts on those passes to save money on your next road trip.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The National Park Service and many state or regional park associations will sell you an annual pass at a price equivalent to a few entrance fees. Hit more than one park in one road trip or over the course of one year, and your pass has now paid for itself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In addition, veterans and active-duty military, seniors, U.S. citizens with permanent disabilities and fourth graders are all eligible for free or discounted National Park entry or passes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>CityPASS offers a discounted rate if you plan on visiting many of the major attractions in a city. KOA offers a 10% discount and the occasional free night for campers who purchase its KOA rewards card. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">5. Head outdoors</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Hiking, fishing, snowshoeing, Frisbee golf, swimming, playing on playgrounds, canoeing and kayaking – all of these activities can be done cheaply or for free. If you’re on a tight vacation budget, limit, or skip entirely, your visits to expensive amusement parks, science museums and other indoor attractions, and give preference to outdoor pursuits that won’t break the bank. You’ll still have fun, and you’ll get fresh air and exercise to boot.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">6. Pair up and split costs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Traveling with friends is twice the fun at half the cost. You can share a rental home, RV or campsite, and split food prep and costs. If you all fit in one large car, you can take turns paying for gas. Plus, your friends might have gear you don’t have, so you can save the money you’d otherwise pay to rent that tent or fishing pole.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Plus, chatting with friends or playing board games together is somehow more fun in a group than when it’s just you and your spouse. That means you won’t be looking to spend money on evening entertainment just to have something to do at night.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">7. Get a tune-up</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you’re going to put serious mileage on your car make sure it’s road trip-ready before you set out. Take your car to the shop for a tune-up, and have the mechanics check the fluid levels and filters, the state of your tires and spare, and the condition of the engine and headlights. (Or do it yourself if you’re knowledgeable about cars.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While a tune-up will cost you, it will be far cheaper than breaking down on the road, hiring a tow truck and paying for expedited repairs from an unfamiliar garage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">8. Prepare for emergencies</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>While you’re checking out your car, make sure the tire iron, jack and jumper cables are in the trunk. You want to be prepared for any unexpected events. Stow an emergency kit with first aid supplies, warm clothing or blankets, flares, flashlight, paper towels or rags, and a garbage bag. The more prepared you are, the less you’ll need to rely on expensive emergency services.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, consider signing up for AAA or another roadside assistance program. You’re covered if something goes wrong, plus some offer other perks, such as free maps, route planning and attraction discounts.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">9. Don’t speed</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There’s something about driving for hours that makes you antsy to get there already. Suddenly, 80 mph feels like 55. If you’re tempted to speed, don’t. Cars are more fuel- efficient between 50 and 60 mph, so you’ll go farther on your tank of gas if you stick to the speed limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Plus, the faster you drive, the less time you have to react to a car cutting you off, an object in the road or that exit you’re about to miss. That means you’re more likely to get into an accident – and we all know that crashes are both dangerous and expensive. Stay safe, so you can enjoy your road trip destination … when you eventually get there.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">10. Plan for cheap gas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rest areas along the highway know they have a captive audience, and have no incentive to discount prices on gas. If you want to save money on road trip gas, you’ll need to plan ahead.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Use a gas app like GasBuddy to find the cheapest gas along your route. Bring extra cash so you can take advantage of any discounts for paying in dollars rather than with a credit card. If you’re a Costco member, look for Costco warehouses with gas stations along your route; they often have the cheapest prices for gas.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Or, sign up for a program, such as Shell’s Fuel Rewards, Pay With GasBuddy or your supermarket’s fuel points program. They all let you earn points toward free gas or receive discounts on fuel costs. Register well before your trip, and hoard your points to use to cut your road trip gas costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">11. Map out your route</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Nothing wastes gas and money more than getting lost and driving miles out of your way. A road trip is no time to wing it. Plan the best route for your road trip before you leave home, and have a few alternative routes in mind in case you need to detour around an accident or want to hit an extra attraction because you’re making good time. Use a map app, or get route-planning help from your roadside assistance program.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You’ll also save money when you don’t have to stop for an emergency dinner at the only restaurant available because you didn’t make it to your destination in time for your planned meal and everyone is hungry and cranky. Phew!</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">12. Plan for parking</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If your road trip destination is a city, you might find that your hotel or rental doesn’t come with free parking. Parking fees can eat through your road trip budget faster than you can say “parking lot.” Read our story about apps to save you money on the go; it includes ways to save on parking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To save money, investigate the parking situation for your accommodations before you hit the road. If free parking is not available, search for the most affordable parking options nearby. Is there a lot with a flat 24-hour rate and reentry privileges? Should you park outside the city and take public transportation to your final destination?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even better, don’t book that rental apartment or motel without understanding the parking options and fees. It might be better to stay a bit farther out of the city at a place with free parking, and use public transit to get around — or only pay for parking when you absolutely need to.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">13. Avoid tolls</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When you have a choice of routes, pick the one with the fewest tolls. Those toll roads don’t always save you time, and if they’re slightly shorter than other options, the money you spend in tolls could be more than what you spend in gas on the alternative highway. Plus, if the toll road gets backed up, you might have fewer options for exiting and detouring around the problem.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If the toll road is your best bet, you might be able to save money by purchasing a transponder that works with E-ZPass or other electric toll systems. Some toll roads charge a lower fee to cars who pay electronically versus those that pay in cash; others have discounts for autopay plans and high usage. Plus, a transponder saves you from digging frantically in your purse and pockets for exact change and from the tickets you’d get for blowing through a toll gate if you don’t have cash on hand.</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://livingonthecheap.com/ways-to-save-money-on-road-trips/\">click here.</a></p>\n<!-- /wp:paragraph -->','13 Ways to Save Money on Road Trips','','inherit','closed','closed','','3611-revision-v1','','','2023-11-02 16:27:14','2023-11-02 16:27:14','',3611,'http://smartinsurance.tips/?p=3614',0,'revision','',0),(3620,1,'2023-11-22 17:01:46','2023-11-22 17:01:46','','Untitled-30','','inherit','closed','closed','','untitled-30','','','2023-11-22 17:01:46','2023-11-22 17:01:46','',3619,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-30.png',0,'attachment','image/png',0),(3621,1,'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','','inherit','closed','closed','','3619-revision-v1','','','2023-11-22 17:04:00','2023-11-22 17:04:00','',3619,'https://smartinsurance.tips/?p=3621',0,'revision','',0),(3622,1,'2023-11-22 17:09:04','2023-11-22 17:09:04','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3623,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/rsz_untitled_31.png\" alt=\"\" class=\"wp-image-3623\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Since relocation is expensive, many people are always looking for tips on saving money when moving. Happily, there are many ways to save money and ensure your belongings arrive safely in the new house.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Tips on How to Save Money When Moving</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can save on materials, choose a reliable commercial mover, start packing early, or engage your family and friends to help you move. However, the most important thing is to make sure your belongings are well moved from the old house to the new one.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Here are seven tips on how you can save money when moving.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Set a budget</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The first tip that will ensure you save money when relocating your office or household items is to set a budget and stick to it. Even though packing boxes, bubble wrap, and packing tape might not be expensive, you may spend more when you factor in storage costs, office movers, and renting a truck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Therefore, it is vital to have a budget and stick to it to save money while relocating. When receiving estimates from various professional moving companies, make sure you go through them carefully. This will ensure you pick the most affordable one.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Do the packing by yourself</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Although packing is a time-consuming and stressful part of the moving process, you can save a lot of money by packing your belongings.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even if you may still hire a professional moving company to assist you with loading and moving, boxing your items can save you a lot of cash.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The key is to start packing early, stay organized, and prepare well. When you know you are relocating, start looking for packing boxes and other packing materials. Moreover, look for free boxes at your local grocery stores, drug stores, or online.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Packing the items yourself will save you money and help you when unpacking. This is because you already know how you packed your things. Moreover, you will be at peace knowing your belongings were well packed with care.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Do not forget to label or color your boxes as well. This will keep your items organized and ensure you take less time when unpacking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Use your packing materials</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Packing your items the right way is significant. Whether small items or large furniture pieces, you need to ensure they are well wrapped and protected when packing. So, you need to have packing materials such as bubble wrap, packing paper, and moving blankets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But this is another area where you can save a lot of money. You can use your blankets, old comforters, and sleeping bags to pack some of your items. Though they will be a bit dirty, you can use them to wrap your valuables, dishes, glassware, and other small items.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, you can use tea towels or bath towels to wrap the breakable items. Using the materials will save money, and you do not need to pack towels, blankets, and sleeping bags in other boxes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In addition, make sure you use all your suitcases to pack clothing, shoes, and others items. Backpacks can also hold many things when moving.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Move during winter</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you are looking for the best way to save money when moving, move in winter. Winter is also known as offseason when moving is concerned. This is because very few people move during the cold months.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even though moving in winter has its challenges, it is the best time to relocate if you have a tight, moving budget. During this time, professional movers are not busy and can find affordable rental moving trucks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Donate or sell some items</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can save money if you do not move all the items you have. Remember that movers change by the number of boxes being carried and by distance. So, if you can manage to sell or donate things you do not need in the new house, you will have fewer items to move.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Apart from saving on moving costs, you will need fewer packing materials. Moreover, you can get some money when you sell most of your items.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Rent a truck</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Instead of going for a full-service from a moving company, you can rent a truck. Even though you may need to do some extra tasks, it is cheaper to hire a moving truck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Negotiate for deals with the moving company</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can negotiate deals with a professional moving company. For instance, you decide to handle tasks such as lifting heavy items, unpacking your items, or others. Also, you can choose to hire a moving company on an hourly basis.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Bottom-line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Moving is an expensive process. But you can save a lot of money on your move by being prepared and organized. Moreover, be sure the moving company you hire gives you a reasonable quote and includes possible additional charges.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With reliable companies such as NYC movers, you are sure the quote they give is the price for your moving cost. There are no hidden charges. Therefore, be aware of companies that provide low quotes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/business/tips-on-how-to-save-money-when-moving/\">click here.</a></p>\n<!-- /wp:paragraph -->','Tips on How to Save Money When Moving','','publish','closed','closed','','tips-on-how-to-save-money-when-moving','','','2023-11-22 17:09:04','2023-11-22 17:09:04','',0,'https://smartinsurance.tips/?p=3622',0,'post','',0),(3623,1,'2023-11-22 17:07:26','2023-11-22 17:07:26','','rsz_untitled_31','','inherit','closed','closed','','rsz_untitled_31','','','2023-11-22 17:07:26','2023-11-22 17:07:26','',3622,'http://smartinsurance.tips/wp-content/uploads/2023/11/rsz_untitled_31.png',0,'attachment','image/png',0),(3624,1,'2023-11-22 17:09:04','2023-11-22 17:09:04','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3623,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/rsz_untitled_31.png\" alt=\"\" class=\"wp-image-3623\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Since relocation is expensive, many people are always looking for tips on saving money when moving. Happily, there are many ways to save money and ensure your belongings arrive safely in the new house.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Tips on How to Save Money When Moving</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can save on materials, choose a reliable commercial mover, start packing early, or engage your family and friends to help you move. However, the most important thing is to make sure your belongings are well moved from the old house to the new one.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Here are seven tips on how you can save money when moving.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Set a budget</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The first tip that will ensure you save money when relocating your office or household items is to set a budget and stick to it. Even though packing boxes, bubble wrap, and packing tape might not be expensive, you may spend more when you factor in storage costs, office movers, and renting a truck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Therefore, it is vital to have a budget and stick to it to save money while relocating. When receiving estimates from various professional moving companies, make sure you go through them carefully. This will ensure you pick the most affordable one.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Do the packing by yourself</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Although packing is a time-consuming and stressful part of the moving process, you can save a lot of money by packing your belongings.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even if you may still hire a professional moving company to assist you with loading and moving, boxing your items can save you a lot of cash.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The key is to start packing early, stay organized, and prepare well. When you know you are relocating, start looking for packing boxes and other packing materials. Moreover, look for free boxes at your local grocery stores, drug stores, or online.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Packing the items yourself will save you money and help you when unpacking. This is because you already know how you packed your things. Moreover, you will be at peace knowing your belongings were well packed with care.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Do not forget to label or color your boxes as well. This will keep your items organized and ensure you take less time when unpacking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Use your packing materials</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Packing your items the right way is significant. Whether small items or large furniture pieces, you need to ensure they are well wrapped and protected when packing. So, you need to have packing materials such as bubble wrap, packing paper, and moving blankets.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But this is another area where you can save a lot of money. You can use your blankets, old comforters, and sleeping bags to pack some of your items. Though they will be a bit dirty, you can use them to wrap your valuables, dishes, glassware, and other small items.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, you can use tea towels or bath towels to wrap the breakable items. Using the materials will save money, and you do not need to pack towels, blankets, and sleeping bags in other boxes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In addition, make sure you use all your suitcases to pack clothing, shoes, and others items. Backpacks can also hold many things when moving.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Move during winter</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you are looking for the best way to save money when moving, move in winter. Winter is also known as offseason when moving is concerned. This is because very few people move during the cold months.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Even though moving in winter has its challenges, it is the best time to relocate if you have a tight, moving budget. During this time, professional movers are not busy and can find affordable rental moving trucks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Donate or sell some items</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can save money if you do not move all the items you have. Remember that movers change by the number of boxes being carried and by distance. So, if you can manage to sell or donate things you do not need in the new house, you will have fewer items to move.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Apart from saving on moving costs, you will need fewer packing materials. Moreover, you can get some money when you sell most of your items.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Rent a truck</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Instead of going for a full-service from a moving company, you can rent a truck. Even though you may need to do some extra tasks, it is cheaper to hire a moving truck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Negotiate for deals with the moving company</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can negotiate deals with a professional moving company. For instance, you decide to handle tasks such as lifting heavy items, unpacking your items, or others. Also, you can choose to hire a moving company on an hourly basis.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Bottom-line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Moving is an expensive process. But you can save a lot of money on your move by being prepared and organized. Moreover, be sure the moving company you hire gives you a reasonable quote and includes possible additional charges.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With reliable companies such as NYC movers, you are sure the quote they give is the price for your moving cost. There are no hidden charges. Therefore, be aware of companies that provide low quotes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/business/tips-on-how-to-save-money-when-moving/\">click here.</a></p>\n<!-- /wp:paragraph -->','Tips on How to Save Money When Moving','','inherit','closed','closed','','3622-revision-v1','','','2023-11-22 17:09:04','2023-11-22 17:09:04','',3622,'https://smartinsurance.tips/?p=3624',0,'revision','',0),(3625,1,'2023-11-22 17:11:28','2023-11-22 17:11:28','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3626,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-33-1024x1024.png\" alt=\"\" class=\"wp-image-3626\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Are you a tech nerd? Are you always on your phone? Then you are on the right page. For a phone nerd, mobile accessories for tech enthusiasts, tech can start and end by buying tons of accessories for their phone. Whether to keep the phone safe, ensure it works better, or enhance its function. Also, your mobile phone needs accessories. It will be irrelevant without proper headphones or chargers. And as everyone knows, most top phone manufacturing brands don’t sell any accessories with the phone. You have to buy them separately. So, what other accessories are not as essential as a charger but equally relevant? Read below to find out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Phone Case/Cover</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A back cover or case for your phone is an essential accessory. It enhances the look of your phone. But that’s the secondary use. The primary job of a phone cover is to protect the smartphone against dents, scratches, and any damage due to drops. Buy the right phone cover from Cygnett, something that fits it snugly. Also, it should provide the phone with enough padding to absorb all shocks. Finally, invest a bit to ensure you don’t have to buy new phones constantly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Smartwatches</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A smartwatch packs several features, providing a better user experience. You can buy smartwatches from the same brand as your phone. Or any other brand that you like. The only prerequisite is that it be compatible with the phone. With a smartwatch on your wrist, you don’t have to carry your phone to the kitchen or get it out of your pocket whenever there is a notification. It shows you how many steps you take every day. You can type a message on it or even pick up the phone.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Wireless Headphones</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Airpods for the iPhone and wireless headphones for other brands are must-have accessories for a tech nerd. The quality of audio with wireless headphones is unmatched. Also, no wires are tangling, leading to breakage, and constantly buying new ones.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Earbuds</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Airpods are cool, but even your iPhone can benefit from having earbuds. It is one accessory that everyone should invest in. After all, your AirPods can run out of battery. Or you may just feel like going old-school. In these scenarios, having earbuds is perfect.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Screen Protector</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A screen guard or protector is the first accessory you get after you buy a new phone. It keeps your phone safe from dents on the screen or camera. In addition, it protects the screen from breaking when you drop it or collide with something. When buying screen protectors, don’t go with cheap ones. Instead, a quality and sturdy one is better, as it keeps the phone safer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Cover for Wireless Headphones</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you have AirPods or other wireless headphones, get a cover for them too. It keeps them clean, away from dirt and dents. Dirt can reduce the sound quality if it reaches the inside of the headphones.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Phone Cleaning Kit</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You should have a phone cleaning kit. Your phone can accumulate dirt in the soundbox or where you put the charger. It can lead to issues with charging and voice. It is expensive to get it cleaned at the service center. The best thing to do is invest in a phone cleaning kit. A good one that comes with manual instructions on how to use everything. Use it to clean every nook and cranny of your phone. Even a cleaning kit for wireless headphones is available on Amazon.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Powerbank</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You do so much on your phone that its battery will get drained easily. So, having a power bank is the best thing. This tech accessory for your smartphone keeps your phone going even if there are no ways to charge it. Check for quality and buy a known brand for the best results. Also, remember these tips when buying power banks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Bluetooth Speakers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Most phones have excellent audio. However, when it comes to speakers, they don’t even come close. A Bluetooth speaker ensures better sound quality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Among all of these, what accessories do you have? Comment below. Also, tell the ones you wish to buy but haven’t yet. A true tech and phone nerd will have all these and then some. In which category do you fall?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/gadgets/9-must-have-mobile-accessories-for-tech-enthusiasts/\">click here.</a></p>\n<!-- /wp:paragraph -->','9 Must-Have Mobile Accessories For Tech Enthusiasts','','publish','closed','closed','','9-must-have-mobile-accessories-for-tech-enthusiasts','','','2023-11-22 17:11:28','2023-11-22 17:11:28','',0,'https://smartinsurance.tips/?p=3625',0,'post','',0),(3626,1,'2023-11-22 17:10:09','2023-11-22 17:10:09','','Untitled-33','','inherit','closed','closed','','untitled-33-2','','','2023-11-22 17:10:09','2023-11-22 17:10:09','',3625,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-33.png',0,'attachment','image/png',0),(3627,1,'2023-11-22 17:11:28','2023-11-22 17:11:28','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3626,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-33-1024x1024.png\" alt=\"\" class=\"wp-image-3626\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Are you a tech nerd? Are you always on your phone? Then you are on the right page. For a phone nerd, mobile accessories for tech enthusiasts, tech can start and end by buying tons of accessories for their phone. Whether to keep the phone safe, ensure it works better, or enhance its function. Also, your mobile phone needs accessories. It will be irrelevant without proper headphones or chargers. And as everyone knows, most top phone manufacturing brands don’t sell any accessories with the phone. You have to buy them separately. So, what other accessories are not as essential as a charger but equally relevant? Read below to find out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Phone Case/Cover</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A back cover or case for your phone is an essential accessory. It enhances the look of your phone. But that’s the secondary use. The primary job of a phone cover is to protect the smartphone against dents, scratches, and any damage due to drops. Buy the right phone cover from Cygnett, something that fits it snugly. Also, it should provide the phone with enough padding to absorb all shocks. Finally, invest a bit to ensure you don’t have to buy new phones constantly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Smartwatches</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A smartwatch packs several features, providing a better user experience. You can buy smartwatches from the same brand as your phone. Or any other brand that you like. The only prerequisite is that it be compatible with the phone. With a smartwatch on your wrist, you don’t have to carry your phone to the kitchen or get it out of your pocket whenever there is a notification. It shows you how many steps you take every day. You can type a message on it or even pick up the phone.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Wireless Headphones</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Airpods for the iPhone and wireless headphones for other brands are must-have accessories for a tech nerd. The quality of audio with wireless headphones is unmatched. Also, no wires are tangling, leading to breakage, and constantly buying new ones.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Earbuds</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Airpods are cool, but even your iPhone can benefit from having earbuds. It is one accessory that everyone should invest in. After all, your AirPods can run out of battery. Or you may just feel like going old-school. In these scenarios, having earbuds is perfect.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Screen Protector</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A screen guard or protector is the first accessory you get after you buy a new phone. It keeps your phone safe from dents on the screen or camera. In addition, it protects the screen from breaking when you drop it or collide with something. When buying screen protectors, don’t go with cheap ones. Instead, a quality and sturdy one is better, as it keeps the phone safer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Cover for Wireless Headphones</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you have AirPods or other wireless headphones, get a cover for them too. It keeps them clean, away from dirt and dents. Dirt can reduce the sound quality if it reaches the inside of the headphones.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Phone Cleaning Kit</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You should have a phone cleaning kit. Your phone can accumulate dirt in the soundbox or where you put the charger. It can lead to issues with charging and voice. It is expensive to get it cleaned at the service center. The best thing to do is invest in a phone cleaning kit. A good one that comes with manual instructions on how to use everything. Use it to clean every nook and cranny of your phone. Even a cleaning kit for wireless headphones is available on Amazon.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Powerbank</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You do so much on your phone that its battery will get drained easily. So, having a power bank is the best thing. This tech accessory for your smartphone keeps your phone going even if there are no ways to charge it. Check for quality and buy a known brand for the best results. Also, remember these tips when buying power banks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Bluetooth Speakers</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Most phones have excellent audio. However, when it comes to speakers, they don’t even come close. A Bluetooth speaker ensures better sound quality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Among all of these, what accessories do you have? Comment below. Also, tell the ones you wish to buy but haven’t yet. A true tech and phone nerd will have all these and then some. In which category do you fall?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/gadgets/9-must-have-mobile-accessories-for-tech-enthusiasts/\">click here.</a></p>\n<!-- /wp:paragraph -->','9 Must-Have Mobile Accessories For Tech Enthusiasts','','inherit','closed','closed','','3625-revision-v1','','','2023-11-22 17:11:28','2023-11-22 17:11:28','',3625,'https://smartinsurance.tips/?p=3627',0,'revision','',0),(3628,1,'2023-11-22 17:15:30','2023-11-22 17:15:30','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3629,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-34-1024x1024.png\" alt=\"\" class=\"wp-image-3629\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p><em>If only I could focus, I\'d achieve everything I want</em>.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Most of us think this often. We want to be productive and have control over our work and schedule. No procrastination, burnout, or packed calendars — only efficient work and thinking. It is possible to design a life with days like this. You need a clear prioritization of what\'s important and a readiness to try new routines to find what helps you work best.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This article shares a list of 11 research-backed productivity tips. It’s made up of seven do\'s (positive productivity tips) and four don\'ts (reverse productivity tips). Our goal is to make it easier for you to cross off important tasks without procrastinating each day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>7 Do\'s: Positive Productivity Tips</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>After years of trial and error with many productivity tips and tools, we’ve put together this list to increase focus and boost productivity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>1. Understand Your Distraction Type</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Being able to focus on difficult tasks for extended periods is a skill anyone can practice and improve. It’s also a skill that is becoming increasingly rare because of the distractions around us — in the real and virtual world.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Understanding your distraction type helps you know yourself and prepare better to overcome these distractions and boost productivity. Productivity is often more about what you don\'t do than what you do. Take note of where your attention goes when you aren’t focused. There are three main distraction types:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Emotional distractions, e.g., taking care of older parents, sick kids, or a recent heartbreak</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Physical distractions, e.g., feeling unwell or receiving unexpected visitors</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Environmental distractions, e.g., loud noises or being too cold or too hot to concentrate</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>They all take up mental space, preoccupying us from producing our best work. Observe and jot down your distraction type, and create workflows and systems for overcoming them. Practice mindfulness techniques like breathwork and meditation to stay present and improve your clarity and productivity.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>2. Reframe How You Think About Work</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Some of us hate our jobs, bosses, team members. We hate showing up to work, being stuck on long phone calls, and having less time to do \"life\" things at the end of the day. Negative feelings about work can increase stress levels and impact our personal lives. They may cause us to shut down emotionally or overreact to minor problems. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Reframe the way you think about work. Consider the good aspects of your job, whatever they may be — continued professional development, steady income, or a sense of purpose and outlet for creativity. Appreciating your work and the benefits can motivate you to love your job again, work harder, and improve productivity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>No one job is perfect. Each comes with ups and downs. It’s up to us to change how we see things so we can manage them proactively. Reflect on what\'s going great and what\'s missing in your work life. Then, make a conscious effort to reframe your perspective in a positive and&nbsp; actionable light.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>3. Incorporate Laughter and Movement Into Your Day</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Incorporate laughter and movement into your workday as much as possible. This is an especially useful tip for those adapting to working from home for the first time. Controlling your schedule requires you to manage yourself and your energy levels. Laughter and movement are two excellent ways to change the tempo and temperature of your day. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Insert breaks that make you laugh or move — catch up on a funny podcast or series, play with kids, stretch, or go for a walk. Research shows that laughter activates neurotransmitters like dopamine and serotonin. These are mood-boosting hormones that fast-track brain networks to help you focus better. Movement also improves focus. Simply walking, even for 10 - 15 minutes, can improve your mood, physical and mental health, and productivity. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>4. Reward Yourself Often&nbsp;</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The expectancy theory of motivation states that people are likely to complete a task when they believe their effort will result in a positive, desired outcome. This means you\'re more likely to be productive when you believe that you can improve your work performance and reap more rewards by working harder.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Maximize your productivity by attaching rewards to each significant milestone you achieve. For this to work, the rewards you choose must mean something to you. Enough to motivate you to push through the resistance of creativity and productivity to get things done.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, you can motivate yourself to put in your best with your first product launch by encouraging yourself with a three-day weekend retreat when you hit your goal of making your first thousand dollars.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>5. Play LoFi Music to Increase Concentration</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Low-fidelity music, aka LoFi music, is created with deliberate imperfections, such as misplayed notes, low hums, or phonographic audio imperfections. Many studies and personal stories of this music genre reveal that it helps us concentrate for longer periods and even enjoy the process of working.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Silence is not always an option when working in an office, in public, or even your home workspace. LoFi music helps to block out unwanted distractions without pulling your attention. It can lull your brain into a productive trance, providing your brain with just enough stimulation to tune out your external environment and focus.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>6. Create Fake Deadlines</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Regardless of the amount of time given to do something, most people only stop procrastinating at the literal last minute. Set fake deadlines to boost productivity and to create urgency, especially with tasks with no external accountability. Use your calendar to set reminders for your deadlines and push the dates a few days (or weeks) earlier than the actual deadline.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>7. Use Tools and Delegate</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In today\'s technologically charged economy, we can compound our efforts in many ways. Two of those ways: using tools and delegating.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Project management, automation, and productivity tools are widely available. Finding and using the right tools for your workflow can vastly improve your productivity and output levels.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Start by using a focus and productivity apps to note areas of operational weakness and sunk time costs. Then, use technology and other assets at your disposal to strengthen these weaknesses or make them go away. For example, create and reuse templates to avoid starting from scratch with each new project or find ways to automate repetitive work. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, decide which tasks are imperative for you to handle personally and which ones aren’t the best use of your time. Delegate those tasks that need to be done but not by you. You can even bring on freelance support in an alternate time zone so you\'re getting things done even while you sleep.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>4 Don\'ts: Reverse Productivity Tips</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In addition to our seven positive productivity tips, we’ve made a list of four don’ts to avoid to improve productivity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>1. Avoid Multitasking&nbsp;</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Science says that when we try to do two or more things simultaneously, our brains are distracted and may feel overwhelmed more easily. This is because the brain has to switch from one task to the other quickly and continuously, taking a serious toll on productivity whether or not we realize it at the time. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Instead of multitasking, be intentional with your time and attention. When working on important tasks, block out time to stay focused and give your best. Insert small breaks where you tackle the things that would have distracted you while working, e.g., checking your email or brainstorming solutions to issues.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you must multitask, do activities that do not require the same mental or physical resources to complete at the same time. An example would be walking and listening to a career-related podcast. You are technically doing two things, but the two tasks do not compete with each other. Alternatively, taking phone calls and writing emails at the same time isn\'t a great multitasking example because your brain would be stretched thin across these two tasks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>2. Avoid Starting the Day With Social Media</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Avoid starting your day by checking social media notifications and scrolling before going through your morning routine. Instead, give yourself time to awaken fully. It could be an hour when you meditate, go for a morning walk, or have breakfast with your family before you bring up the screens for the rest of the day.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Save time on social media by using it on a strict schedule — where you read your feed, reply to messages, and engage with your communities for a fixed amount of time. Stick to this routine to normalize it over time. This significantly buys back your time and improves productivity and focus throughout the workday.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>3. Avoid Mental Clutter</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Mental clutter takes up space in our brains and minds, making it hard to concentrate. It\'s like overloading your laptop with too many open tabs. It gets slower and takes longer to complete any one task.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To avoid mental clutter, here are some tips you can try:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Track your thoughts and reflect often.<br>&#x200d;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Take notes of ideas and tasks that come up while you’re working.&nbsp;<br>&#x200d;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Close tabs once you\'re done with them or use a web extension that allows you to save open tabs and links so you can retrieve them easily when you need to.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>4. Avoid Wasting Mistakes&nbsp;</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Imagining things and experiencing them are vastly different experiences. Taking action opens us up to outcomes beyond our control. Yet, we must continue to pursue and execute on goals.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It\'s not the mistakes we make but how we react to them that matters. Nothing is a loss if you learn from your experiences, even the biggest mistakes. Learning from failure eventually adds to your wisdom, which helps you make better, more productive decisions in the future. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://rize.io/blog/productivity-tips\">click here.</a></p>\n<!-- /wp:paragraph -->','11 Essential Productivity Tips for Modern Workers','','publish','closed','closed','','11-essential-productivity-tips-for-modern-workers','','','2023-11-22 17:15:30','2023-11-22 17:15:30','',0,'https://smartinsurance.tips/?p=3628',0,'post','',0),(3629,1,'2023-11-22 17:13:28','2023-11-22 17:13:28','','Untitled-34','','inherit','closed','closed','','untitled-34-2','','','2023-11-22 17:13:28','2023-11-22 17:13:28','',3628,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-34.png',0,'attachment','image/png',0),(3630,1,'2023-11-22 17:15:30','2023-11-22 17:15:30','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3629,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-34-1024x1024.png\" alt=\"\" class=\"wp-image-3629\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p><em>If only I could focus, I\'d achieve everything I want</em>.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Most of us think this often. We want to be productive and have control over our work and schedule. No procrastination, burnout, or packed calendars — only efficient work and thinking. It is possible to design a life with days like this. You need a clear prioritization of what\'s important and a readiness to try new routines to find what helps you work best.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This article shares a list of 11 research-backed productivity tips. It’s made up of seven do\'s (positive productivity tips) and four don\'ts (reverse productivity tips). Our goal is to make it easier for you to cross off important tasks without procrastinating each day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>7 Do\'s: Positive Productivity Tips</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>After years of trial and error with many productivity tips and tools, we’ve put together this list to increase focus and boost productivity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>1. Understand Your Distraction Type</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Being able to focus on difficult tasks for extended periods is a skill anyone can practice and improve. It’s also a skill that is becoming increasingly rare because of the distractions around us — in the real and virtual world.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Understanding your distraction type helps you know yourself and prepare better to overcome these distractions and boost productivity. Productivity is often more about what you don\'t do than what you do. Take note of where your attention goes when you aren’t focused. There are three main distraction types:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Emotional distractions, e.g., taking care of older parents, sick kids, or a recent heartbreak</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Physical distractions, e.g., feeling unwell or receiving unexpected visitors</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Environmental distractions, e.g., loud noises or being too cold or too hot to concentrate</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>They all take up mental space, preoccupying us from producing our best work. Observe and jot down your distraction type, and create workflows and systems for overcoming them. Practice mindfulness techniques like breathwork and meditation to stay present and improve your clarity and productivity.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>2. Reframe How You Think About Work</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Some of us hate our jobs, bosses, team members. We hate showing up to work, being stuck on long phone calls, and having less time to do \"life\" things at the end of the day. Negative feelings about work can increase stress levels and impact our personal lives. They may cause us to shut down emotionally or overreact to minor problems. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Reframe the way you think about work. Consider the good aspects of your job, whatever they may be — continued professional development, steady income, or a sense of purpose and outlet for creativity. Appreciating your work and the benefits can motivate you to love your job again, work harder, and improve productivity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>No one job is perfect. Each comes with ups and downs. It’s up to us to change how we see things so we can manage them proactively. Reflect on what\'s going great and what\'s missing in your work life. Then, make a conscious effort to reframe your perspective in a positive and&nbsp; actionable light.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>3. Incorporate Laughter and Movement Into Your Day</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Incorporate laughter and movement into your workday as much as possible. This is an especially useful tip for those adapting to working from home for the first time. Controlling your schedule requires you to manage yourself and your energy levels. Laughter and movement are two excellent ways to change the tempo and temperature of your day. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Insert breaks that make you laugh or move — catch up on a funny podcast or series, play with kids, stretch, or go for a walk. Research shows that laughter activates neurotransmitters like dopamine and serotonin. These are mood-boosting hormones that fast-track brain networks to help you focus better. Movement also improves focus. Simply walking, even for 10 - 15 minutes, can improve your mood, physical and mental health, and productivity. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>4. Reward Yourself Often&nbsp;</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The expectancy theory of motivation states that people are likely to complete a task when they believe their effort will result in a positive, desired outcome. This means you\'re more likely to be productive when you believe that you can improve your work performance and reap more rewards by working harder.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Maximize your productivity by attaching rewards to each significant milestone you achieve. For this to work, the rewards you choose must mean something to you. Enough to motivate you to push through the resistance of creativity and productivity to get things done.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>For example, you can motivate yourself to put in your best with your first product launch by encouraging yourself with a three-day weekend retreat when you hit your goal of making your first thousand dollars.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>5. Play LoFi Music to Increase Concentration</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Low-fidelity music, aka LoFi music, is created with deliberate imperfections, such as misplayed notes, low hums, or phonographic audio imperfections. Many studies and personal stories of this music genre reveal that it helps us concentrate for longer periods and even enjoy the process of working.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Silence is not always an option when working in an office, in public, or even your home workspace. LoFi music helps to block out unwanted distractions without pulling your attention. It can lull your brain into a productive trance, providing your brain with just enough stimulation to tune out your external environment and focus.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>6. Create Fake Deadlines</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Regardless of the amount of time given to do something, most people only stop procrastinating at the literal last minute. Set fake deadlines to boost productivity and to create urgency, especially with tasks with no external accountability. Use your calendar to set reminders for your deadlines and push the dates a few days (or weeks) earlier than the actual deadline.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>7. Use Tools and Delegate</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In today\'s technologically charged economy, we can compound our efforts in many ways. Two of those ways: using tools and delegating.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Project management, automation, and productivity tools are widely available. Finding and using the right tools for your workflow can vastly improve your productivity and output levels.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Start by using a focus and productivity apps to note areas of operational weakness and sunk time costs. Then, use technology and other assets at your disposal to strengthen these weaknesses or make them go away. For example, create and reuse templates to avoid starting from scratch with each new project or find ways to automate repetitive work. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Also, decide which tasks are imperative for you to handle personally and which ones aren’t the best use of your time. Delegate those tasks that need to be done but not by you. You can even bring on freelance support in an alternate time zone so you\'re getting things done even while you sleep.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\"><strong>4 Don\'ts: Reverse Productivity Tips</strong></h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In addition to our seven positive productivity tips, we’ve made a list of four don’ts to avoid to improve productivity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>1. Avoid Multitasking&nbsp;</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Science says that when we try to do two or more things simultaneously, our brains are distracted and may feel overwhelmed more easily. This is because the brain has to switch from one task to the other quickly and continuously, taking a serious toll on productivity whether or not we realize it at the time. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Instead of multitasking, be intentional with your time and attention. When working on important tasks, block out time to stay focused and give your best. Insert small breaks where you tackle the things that would have distracted you while working, e.g., checking your email or brainstorming solutions to issues.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you must multitask, do activities that do not require the same mental or physical resources to complete at the same time. An example would be walking and listening to a career-related podcast. You are technically doing two things, but the two tasks do not compete with each other. Alternatively, taking phone calls and writing emails at the same time isn\'t a great multitasking example because your brain would be stretched thin across these two tasks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>2. Avoid Starting the Day With Social Media</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Avoid starting your day by checking social media notifications and scrolling before going through your morning routine. Instead, give yourself time to awaken fully. It could be an hour when you meditate, go for a morning walk, or have breakfast with your family before you bring up the screens for the rest of the day.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Save time on social media by using it on a strict schedule — where you read your feed, reply to messages, and engage with your communities for a fixed amount of time. Stick to this routine to normalize it over time. This significantly buys back your time and improves productivity and focus throughout the workday.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>3. Avoid Mental Clutter</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Mental clutter takes up space in our brains and minds, making it hard to concentrate. It\'s like overloading your laptop with too many open tabs. It gets slower and takes longer to complete any one task.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To avoid mental clutter, here are some tips you can try:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Track your thoughts and reflect often.<br>&#x200d;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Take notes of ideas and tasks that come up while you’re working.&nbsp;<br>&#x200d;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Close tabs once you\'re done with them or use a web extension that allows you to save open tabs and links so you can retrieve them easily when you need to.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\"><strong>4. Avoid Wasting Mistakes&nbsp;</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Imagining things and experiencing them are vastly different experiences. Taking action opens us up to outcomes beyond our control. Yet, we must continue to pursue and execute on goals.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It\'s not the mistakes we make but how we react to them that matters. Nothing is a loss if you learn from your experiences, even the biggest mistakes. Learning from failure eventually adds to your wisdom, which helps you make better, more productive decisions in the future. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://rize.io/blog/productivity-tips\">click here.</a></p>\n<!-- /wp:paragraph -->','11 Essential Productivity Tips for Modern Workers','','inherit','closed','closed','','3628-revision-v1','','','2023-11-22 17:15:30','2023-11-22 17:15:30','',3628,'https://smartinsurance.tips/?p=3630',0,'revision','',0),(3631,1,'2023-11-22 18:33:05','2023-11-22 18:33:05','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3632,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/rsz_untitled_35.png\" alt=\"\" class=\"wp-image-3632\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Retirement planning isn\'t only for the retired. These seven essential retirement tips by age can help you prepare right now, no matter what age or stage of retirement you\'re in — so you can feel more confident about living the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Under age 50</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Imagine this: You, not working</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can\'t plan for your retirement unless you know where you\'re going. So start thinking about your retirement lifestyle and what you want to do after you\'re done working. Unless you <em>won\'t</em> be done working: Maybe you want to start a business? Or do you want to travel, volunteer or become a professional grandparent? Maybe you\'ll build a cabin on a lake?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can never start envisioning your retirement too soon or obtain advice for retirement too early. Even if you think your goals might shift in the years ahead, dreaming about them today gets the conversation started and helps you plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Start preparing for retirement early, save a lot</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once you know what you want to be doing, it\'s time to figure out how much you need to do it. Run some numbers using the Retirement Planner on ameriprise.com. Let\'s say you\'re 35 years old, earn $100,000 a year and have $200,000 in your 401(k). You might determine you need $2 million saved up by the time you\'re 65. To get there, you\'d need to invest $550 per month and earn a 7% annual rate of return.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Save money at every opportunity</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>With rising retirement costs and people living longer, there\'s a chance you\'ll need a lot more money than you think in retirement. So save as much as you can during your earning years. Workplace-sponsored 401(k) plans let employees under age 50 save up to $22,500 each year, with an additional catch-up contribution of $7,500 per year for those age 50 and above. Plus, your employer may throw in a match.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Aim to save at least 15% of your gross pay. Not there yet? Increase your retirement savings contribution with every pay raise before you get too used to that higher paycheck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Go beyond the workplace with IRAs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are other tax-savvy ways to save for retirement, too. Consider opening a Roth IRA, which allows for after-tax savings and tax-free withdrawals when certain conditions are met. This can help you hedge against the possibility of future tax increases so you don\'t need to fret as much about taxes during retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another option to consider: A traditional IRA, which can help you further broaden your retirement savings plan and give you more control over your investment selections. IRAs can give you access to investment options you don’t have at work, such as municipal bonds, real estate investments, commodities and emerging market funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Save strategically and allocate assets wisely</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t let market swings throw your portfolio out of whack. Determining how to best allocate your investments between various kinds of assets — including stocks, bonds and cash — can be a powerful way to keep your retirement investments growing. Spreading your investments across various sectors and asset types can help soften the effects of big market fluctuations so you can worry less.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Dollar-cost averaging — putting fixed amounts into investments on a regular basis, regardless of market conditions — can also help. And rebalancing your portfolio can make it possible to lower your exposure to investments that have recently outperformed the market while increasing exposure to those that may be ready to grow. These strategies can be tricky, so make sure you ask your financial advisor for help.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Steer clear of emotional investing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As investors, our emotions tend to follow market cycles. When markets perform well, we tend to become euphoric and pour money into stocks. When markets turn down, our emotions change and can cause us to pull out of the stock market just as it reaches its low and miss out on potential gains as it rises again. The lesson: emotions can cause us to do just the opposite of what we <em>should</em> do.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Consider insurance to help reduce your worries</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even if you build a smart saving and investing strategy, unexpected events can occur. You could experience an illness that prevents you from working and earning an income. Or your home could be damaged in a storm. You need to protect yourself against the risks in today\'s world. Your financial advisor can help evaluate your personal situation and line up the right levels of protection, whether it\'s disability income insurance, long-term care coverage or auto, home and life policies. With sufficient protection, you can focus on the fun parts of planning for the future without having to worry as much about all the \"what ifs\" along the way.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Age 50 - 64</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Add details to your dreams and goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Start planning for the dreams you\'ve had for years. You may have decided you\'ll spend your retirement years traveling, volunteering or becoming a professional grandparent. Get in touch with your financial advisor and get specific on what that will look like. Now that you\'re a little bit closer to retirement, you can start thinking tactically to ensure your dreams and goals become your retirement reality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Catch up if you need to</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Saving as much as you can should be a top priority as you near retirement. Make sure you\'re maxing out contributions to your retirement accounts as much as you can, including making any available \"catch-up\" contributions to your 401(k) and IRA. If you’re between 50 and 64 years old, you may be able to tuck away extra 401(k) catch-up money to help you meet your retirement goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Consider consolidating retirement accounts</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>By now, you might have three, five, or even 10 retirement accounts floating around. But it can be hard to invest right and manage so many accounts. It might make sense to consolidate before retirement so you can more easily and effectively tap your money when you need it. Work with your financial advisor to determine the appropriate plan of action for your various accounts, and start preparing a game plan for how you\'ll tap them in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Mind your health</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Think health care costs are high today? Wait until retirement. In 2020, with both having median prescription drug expenses, a 65-year-old man was determined to need $130,000 in savings and a 65-year-old woman needed $146,000 in order to have a 90 percent chance of having enough money to cover health care expenses in retirement, according to the Employee Benefit Research Institute.<sup>1</sup> And that figure will likely keep rising. Additionally, Medicare only covers a portion of the costs, and it may cover even less in the future. Work with your financial advisor to figure out how you\'ll cover health-related costs in retirement, and consider funding a health savings account. Some employers offer them as part of their health plans, but you can also set one up yourself if you buy individual health insurance. Contributions to a health savings account (HSA) by you or your employer aren\'t typically considered taxable income and withdrawals aren\'t taxed as long as they pay for eligible medical costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Start planning for retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk to your financial advisor about the income you\'ll need during 30-plus years of retirement, and ask whether you should start planning for it now. Some strategies to consider include getting an annuity that provides a steady income stream throughout your lifetime or adjusting your investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Don\'t ignore long-term care</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>About 70% of Americans who reach age 65 will need long-term care at some point, according to the Department of Health and Human Services.<sup>2</sup> While you\'re in your 50s and early 60s, consider purchasing coverage that could pay for the cost of a lengthy stay in a nursing facility or in-home care. It\'s typically better to lock in premiums while you\'re younger.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Re-evaluate how you invest</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you invested when you were 40 may not be how you should invest at 50 or 60. Priorities change, and you need to start focusing on preserving your wealth as much as growing it. Talk to your Ameriprise financial advisor about how you can build a complete strategy to help you feel more confident about living the life you want in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Age 65+</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Review your retirement goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Continue to meet with your Ameriprise financial advisor to review your retirement goals and assess your position. Your advisor can help you make adjustments, if needed, to align with your retirement needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Establish a spending plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A general rule for withdrawing money from retirement savings is to only take out up to 4% each year. Of course, unexpected expenses can throw a wrench into the best-laid plans. Your Ameriprise financial advisor can help you establish a spending plan and withdrawal rate tailored to your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Be tax savvy</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you withdraw from your various taxable and tax-deferred accounts in retirement — and which you tap first, second and so on — determines the taxes you owe and helps to make sure your money lives as long as you do. It\'s generally wise to tap taxable savings before tax-advantaged retirement accounts — especially with tax rates potentially on the rise. But everyone is different and there can be tax benefits to tapping several different types of retirement savings accounts at the same time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Make your retirement savings last</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A common mistake retirees make is shifting a big portion of their assets to cash and fixed-income investments. While you should consider investing more conservatively as you age — since you have less time to recover from market downturns — you don\'t want your investment portfolio to become so risk-averse that it\'s gobbled up by inflation. Remember, retirement can last more than 30 years, so it\'s important to ensure your retirement savings last. Work with your financial advisor to help you plan for your nest egg to keep growing and last as long as you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Boost your retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk with your financial advisor about ways to bolster your income stream during retirement — such as setting up an annuity or adding more dividend-paying stocks to your portfolio.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Prepare for the long run</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Planning for your later years is crucial. People often only plan for their early retirement years, when they can travel the world or partake in their favorite activities. But those activities may not be realistic when you\'re 80, 90 or 100. Your financial advisor can help you think through how you hope to spend your later retirement years and work through some possible scenarios. Then you can take steps to be more prepared, such as securing long-term care coverage to help pay for any services you may need or setting up an annuity to protect your retirement income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Keep checking in with your goals and finances</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t leave your retirement on autopilot. Priorities often change over the course of retirement for many reasons. Reviewing your goals periodically can help you feel more confident that you can continue to live the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.ameriprise.com/financial-goals-priorities/retirement/7-top-retirement-tips\">click here.</a></p>\n<!-- /wp:paragraph -->','7 Top Retirement Tips — Retirement Advice for Every Age','','publish','closed','closed','','7-top-retirement-tips-retirement-advice-for-every-age','','','2023-11-22 18:33:05','2023-11-22 18:33:05','',0,'https://smartinsurance.tips/?p=3631',0,'post','',0),(3632,1,'2023-11-22 17:51:31','2023-11-22 17:51:31','','rsz_untitled_35','','inherit','closed','closed','','rsz_untitled_35','','','2023-11-22 17:51:31','2023-11-22 17:51:31','',3631,'http://smartinsurance.tips/wp-content/uploads/2023/11/rsz_untitled_35.png',0,'attachment','image/png',0),(3633,1,'2023-11-22 18:33:05','2023-11-22 18:33:05','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3632,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/rsz_untitled_35.png\" alt=\"\" class=\"wp-image-3632\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Retirement planning isn\'t only for the retired. These seven essential retirement tips by age can help you prepare right now, no matter what age or stage of retirement you\'re in — so you can feel more confident about living the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Under age 50</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Imagine this: You, not working</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can\'t plan for your retirement unless you know where you\'re going. So start thinking about your retirement lifestyle and what you want to do after you\'re done working. Unless you <em>won\'t</em> be done working: Maybe you want to start a business? Or do you want to travel, volunteer or become a professional grandparent? Maybe you\'ll build a cabin on a lake?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You can never start envisioning your retirement too soon or obtain advice for retirement too early. Even if you think your goals might shift in the years ahead, dreaming about them today gets the conversation started and helps you plan.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Start preparing for retirement early, save a lot</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Once you know what you want to be doing, it\'s time to figure out how much you need to do it. Run some numbers using the Retirement Planner on ameriprise.com. Let\'s say you\'re 35 years old, earn $100,000 a year and have $200,000 in your 401(k). You might determine you need $2 million saved up by the time you\'re 65. To get there, you\'d need to invest $550 per month and earn a 7% annual rate of return.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Save money at every opportunity</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>With rising retirement costs and people living longer, there\'s a chance you\'ll need a lot more money than you think in retirement. So save as much as you can during your earning years. Workplace-sponsored 401(k) plans let employees under age 50 save up to $22,500 each year, with an additional catch-up contribution of $7,500 per year for those age 50 and above. Plus, your employer may throw in a match.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Aim to save at least 15% of your gross pay. Not there yet? Increase your retirement savings contribution with every pay raise before you get too used to that higher paycheck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Go beyond the workplace with IRAs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are other tax-savvy ways to save for retirement, too. Consider opening a Roth IRA, which allows for after-tax savings and tax-free withdrawals when certain conditions are met. This can help you hedge against the possibility of future tax increases so you don\'t need to fret as much about taxes during retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another option to consider: A traditional IRA, which can help you further broaden your retirement savings plan and give you more control over your investment selections. IRAs can give you access to investment options you don’t have at work, such as municipal bonds, real estate investments, commodities and emerging market funds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Save strategically and allocate assets wisely</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t let market swings throw your portfolio out of whack. Determining how to best allocate your investments between various kinds of assets — including stocks, bonds and cash — can be a powerful way to keep your retirement investments growing. Spreading your investments across various sectors and asset types can help soften the effects of big market fluctuations so you can worry less.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Dollar-cost averaging — putting fixed amounts into investments on a regular basis, regardless of market conditions — can also help. And rebalancing your portfolio can make it possible to lower your exposure to investments that have recently outperformed the market while increasing exposure to those that may be ready to grow. These strategies can be tricky, so make sure you ask your financial advisor for help.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Steer clear of emotional investing</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As investors, our emotions tend to follow market cycles. When markets perform well, we tend to become euphoric and pour money into stocks. When markets turn down, our emotions change and can cause us to pull out of the stock market just as it reaches its low and miss out on potential gains as it rises again. The lesson: emotions can cause us to do just the opposite of what we <em>should</em> do.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Consider insurance to help reduce your worries</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even if you build a smart saving and investing strategy, unexpected events can occur. You could experience an illness that prevents you from working and earning an income. Or your home could be damaged in a storm. You need to protect yourself against the risks in today\'s world. Your financial advisor can help evaluate your personal situation and line up the right levels of protection, whether it\'s disability income insurance, long-term care coverage or auto, home and life policies. With sufficient protection, you can focus on the fun parts of planning for the future without having to worry as much about all the \"what ifs\" along the way.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Age 50 - 64</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Add details to your dreams and goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Start planning for the dreams you\'ve had for years. You may have decided you\'ll spend your retirement years traveling, volunteering or becoming a professional grandparent. Get in touch with your financial advisor and get specific on what that will look like. Now that you\'re a little bit closer to retirement, you can start thinking tactically to ensure your dreams and goals become your retirement reality.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Catch up if you need to</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Saving as much as you can should be a top priority as you near retirement. Make sure you\'re maxing out contributions to your retirement accounts as much as you can, including making any available \"catch-up\" contributions to your 401(k) and IRA. If you’re between 50 and 64 years old, you may be able to tuck away extra 401(k) catch-up money to help you meet your retirement goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Consider consolidating retirement accounts</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>By now, you might have three, five, or even 10 retirement accounts floating around. But it can be hard to invest right and manage so many accounts. It might make sense to consolidate before retirement so you can more easily and effectively tap your money when you need it. Work with your financial advisor to determine the appropriate plan of action for your various accounts, and start preparing a game plan for how you\'ll tap them in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Mind your health</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Think health care costs are high today? Wait until retirement. In 2020, with both having median prescription drug expenses, a 65-year-old man was determined to need $130,000 in savings and a 65-year-old woman needed $146,000 in order to have a 90 percent chance of having enough money to cover health care expenses in retirement, according to the Employee Benefit Research Institute.<sup>1</sup> And that figure will likely keep rising. Additionally, Medicare only covers a portion of the costs, and it may cover even less in the future. Work with your financial advisor to figure out how you\'ll cover health-related costs in retirement, and consider funding a health savings account. Some employers offer them as part of their health plans, but you can also set one up yourself if you buy individual health insurance. Contributions to a health savings account (HSA) by you or your employer aren\'t typically considered taxable income and withdrawals aren\'t taxed as long as they pay for eligible medical costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Start planning for retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk to your financial advisor about the income you\'ll need during 30-plus years of retirement, and ask whether you should start planning for it now. Some strategies to consider include getting an annuity that provides a steady income stream throughout your lifetime or adjusting your investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Don\'t ignore long-term care</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>About 70% of Americans who reach age 65 will need long-term care at some point, according to the Department of Health and Human Services.<sup>2</sup> While you\'re in your 50s and early 60s, consider purchasing coverage that could pay for the cost of a lengthy stay in a nursing facility or in-home care. It\'s typically better to lock in premiums while you\'re younger.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Re-evaluate how you invest</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you invested when you were 40 may not be how you should invest at 50 or 60. Priorities change, and you need to start focusing on preserving your wealth as much as growing it. Talk to your Ameriprise financial advisor about how you can build a complete strategy to help you feel more confident about living the life you want in retirement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Age 65+</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Review your retirement goals</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Continue to meet with your Ameriprise financial advisor to review your retirement goals and assess your position. Your advisor can help you make adjustments, if needed, to align with your retirement needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Establish a spending plan</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A general rule for withdrawing money from retirement savings is to only take out up to 4% each year. Of course, unexpected expenses can throw a wrench into the best-laid plans. Your Ameriprise financial advisor can help you establish a spending plan and withdrawal rate tailored to your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Be tax savvy</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How you withdraw from your various taxable and tax-deferred accounts in retirement — and which you tap first, second and so on — determines the taxes you owe and helps to make sure your money lives as long as you do. It\'s generally wise to tap taxable savings before tax-advantaged retirement accounts — especially with tax rates potentially on the rise. But everyone is different and there can be tax benefits to tapping several different types of retirement savings accounts at the same time.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Make your retirement savings last</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A common mistake retirees make is shifting a big portion of their assets to cash and fixed-income investments. While you should consider investing more conservatively as you age — since you have less time to recover from market downturns — you don\'t want your investment portfolio to become so risk-averse that it\'s gobbled up by inflation. Remember, retirement can last more than 30 years, so it\'s important to ensure your retirement savings last. Work with your financial advisor to help you plan for your nest egg to keep growing and last as long as you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Boost your retirement income</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Talk with your financial advisor about ways to bolster your income stream during retirement — such as setting up an annuity or adding more dividend-paying stocks to your portfolio.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Prepare for the long run</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Planning for your later years is crucial. People often only plan for their early retirement years, when they can travel the world or partake in their favorite activities. But those activities may not be realistic when you\'re 80, 90 or 100. Your financial advisor can help you think through how you hope to spend your later retirement years and work through some possible scenarios. Then you can take steps to be more prepared, such as securing long-term care coverage to help pay for any services you may need or setting up an annuity to protect your retirement income.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Keep checking in with your goals and finances</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Don\'t leave your retirement on autopilot. Priorities often change over the course of retirement for many reasons. Reviewing your goals periodically can help you feel more confident that you can continue to live the retirement you want.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.ameriprise.com/financial-goals-priorities/retirement/7-top-retirement-tips\">click here.</a></p>\n<!-- /wp:paragraph -->','7 Top Retirement Tips — Retirement Advice for Every Age','','inherit','closed','closed','','3631-revision-v1','','','2023-11-22 18:33:05','2023-11-22 18:33:05','',3631,'https://smartinsurance.tips/?p=3633',0,'revision','',0),(3634,1,'2023-11-22 18:40:02','2023-11-22 18:40:02','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3635,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-36-1024x1024.png\" alt=\"\" class=\"wp-image-3635\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>According to Home Advisor’s True Cost Report, 80% of homeowners intend to tackle home upgrades this year. Existing homeowners may want to increase their home’s value or comfort level, and home upgrades are often a necessity for new buyers trying to enter the housing market.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But if you’re planning any home improvements, it’s important to know that any changes to the structure of your home or the use of your property can have an effect on your insurance premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The 10 home upgrades featured in this article typically increase the value of your home or your risk as a homeowner. For those reasons, you’ll usually end up paying more in insurance once these renovations are complete.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"1-adding-more-square-footage\">1. Adding More Square Footage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Developing a basement, attic, or garage for extra space adds square footage, but it also increases your home insurance costs. It costs more to rebuild a larger home and without updated coverage (which comes at a price), you won’t have sufficient funds to rebuild.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Always let your insurer know about a major addition before the work begins. Besides needing a higher home insurance limit to accommodate the increased value, you might need additional protection during construction and for the newly finished areas. For instance, a musty basement area that becomes a finished recreational area may demand sewer backup coverage. If you intend to rent out your new space, you’ll need landlord coverage, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"2-revamping-the-kitchen-or-bathroom\">2. Revamping the Kitchen or Bathroom</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Bathroom and kitchen renovations spruce up a home and can be a great way to increase its value, particularly if you’re using high-end finishes such as granite countertops, solid-wood cabinets, stone floors, and expensive fixtures and appliances. But that increased value can mean an increase in your premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Whether you decide to buy replacement cost coverage or actual cash value coverage influences your insurance costs too. Actual cash value coverage costs less to buy but it will only pay the cost of the item less depreciation if you ever file a claim. It might, however, be enough for a small renovation. Replacement cost coverage costs more to buy, but pays the total cost to replace items and suits large renovation investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"3-adding-fire-features-to-your-home\">3. Adding Fire Features to Your Home</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Adding a wood stove, fireplace, outdoor fireplace, or fire pit increases fire risk. Most insurers provide coverage for fire features, but whether you’ll pay extra for it depends on your existing coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your personal property limit may cover a loss if you own a small portable fire pit, but you’ll probably need to increase your coverage (and your insurance costs) if you install an elaborate permanent fire pit or a new wood fireplace.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"4-building-new-structures\">4. Building New Structures</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A typical homeowner’s policy includes coverage for additional structures on your property, but usually only up to a maximum of 10 percent of your overall coverage limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you’re adding an expensive deck, gazebo, pool house, boat house, or garage, you may need to boost your insurance coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"5-creating-a-home-based-business-office\">5. Creating a Home-Based Business Office</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your homeowner’s policy may provide limited protection for business equipment, and you may be able to add an endorsement to your policy for an additional premium for some inventory or specialized equipment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Depending on the nature of your business, your clients or customers might visit your home. If they do, that puts you at an increased liability risk and you’ll probably need a business insurance policy to protect your from the costs associated with lawsuits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"6-changing-building-materials\">6. Changing Building Materials</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurers look at a lot of factors when estimating the risk of insuring you and your home. One of those factors is the constructions techniques and materials used to build your home. Expensive materials cost more to replace, and your insurer will charge you more accordingly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Underwriters also look for fire retardant materials. If you’re thinking of covering stucco with cedar shakes or lap siding, your premium could rise. Some insurance companies frown upon vinyl or aluminum siding because they’re susceptible to wind and hail damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you’re not married to using a particular material and want to avoid additional costs, discuss your renovation plans with your insurance agent before you begin work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"7-installing-a-pool-or-hot-tub\">7. Installing a Pool or Hot Tub</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>What that means is they’re basically a magnet that draws others to your property, even if you’re not home. And if a child decides to take a dip in your pool while you’re at work and injures themselves, you can be liable for court costs, legal fees, the court settlement, and ongoing medical bills. Because of all that, you’ll need more liability coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You’ll probably also need a higher policy limit to account for the increased property value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some people are tempted to just keep the new pool or hot tub under wraps so their insurance costs stay low, but that isn’t a viable option. If you fail to inform your insurer about these upgrades, they might reject your claim or drop your policy altogether. And if your auto insurance is bundled up with your home insurance, you could lose that coverage, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"8-adding-a-trampoline-swing-set-or-jungle-gym\">8. Adding a Trampoline, Swing Set, or Jungle Gym</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A trampoline, sing set, or jungle gym is a lot of fun for the kids, but they’re also risky. That’s especially so since, like a pool, they can attract other children to your property, even when you’re not home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some insurance companies won’t cover play equipment at all, while others will only do so if it meets other standards and the homeowner installs safety equipment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As with pools and hot tubs, adding any of these items without telling your insurer is a material misrepresentation which can lead your insurer to deny all claims (not just those related to this equipment). Your insurance company may also cancel your policy, making it very difficult to insure again. You would also pay all lawsuit and medical costs out-of-pocket if someone gets hurt on your property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you do find an insurance company willing to insure these items, it will increase your insurance costs due to increased liability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"9-making-structural-changes\">9. Making Structural Changes</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Substantial renovations, such as removing walls to create an open floor plan or replacing the roof structure, an exterior wall, or the foundation, increases risks and can trigger changes in your insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your insurance company may insist your homeowner’s policy reverts to another policy form while your home is under construction. You may need to buy a builder’s risk policy to protect yourself from the costs of a collapse, hazardous materials such as asbestos or lead paint, and work improvements required for building codes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some of these changes may significantly affect the scope and duration of your renovation, your insurance coverage, and premiums. The cost depends on the scope of the work and the risks. As always, an insurance professional can advise you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"10-leaving-home-vacant-during-renovations\">10. Leaving Home Vacant During Renovations</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you bought a home and haven’t moved into it yet, or you’ve rented it and it’s vacant now, contact your insurance provider to ensure you’re protected during renovations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Many insurance policies don’t cover your home for most perils if it’s left vacant. And if they do, they might only cover it if you let them know that it will be unoccupied. They might also only agree to cover a vacant property for a higher premium or charge you a fee for a vacancy permit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"know-what-youre-getting-into\">Know What You’re Getting Into</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In most cases, the increased insurance costs won’t significant enough to deter you from pursuing your home improvement goals. But it’s important to know how your renovations could change your insurance before deciding whether they’re truly worthwhile and within your budget.</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.insuranceopedia.com/10-home-upgrades-that-will-increase-your-insurance-costs/2/5870\">click here.</a></p>\n<!-- /wp:paragraph -->','10 Home Upgrades that Will Increase Your Insurance Costs','','publish','closed','closed','','10-home-upgrades-that-will-increase-your-insurance-costs','','','2023-11-22 18:40:02','2023-11-22 18:40:02','',0,'https://smartinsurance.tips/?p=3634',0,'post','',0),(3635,1,'2023-11-22 18:33:55','2023-11-22 18:33:55','','Untitled-36','','inherit','closed','closed','','untitled-36-2','','','2023-11-22 18:33:55','2023-11-22 18:33:55','',3634,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-36.png',0,'attachment','image/png',0),(3636,1,'2023-11-22 18:40:02','2023-11-22 18:40:02','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3635,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-36-1024x1024.png\" alt=\"\" class=\"wp-image-3635\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>According to Home Advisor’s True Cost Report, 80% of homeowners intend to tackle home upgrades this year. Existing homeowners may want to increase their home’s value or comfort level, and home upgrades are often a necessity for new buyers trying to enter the housing market.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>But if you’re planning any home improvements, it’s important to know that any changes to the structure of your home or the use of your property can have an effect on your insurance premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The 10 home upgrades featured in this article typically increase the value of your home or your risk as a homeowner. For those reasons, you’ll usually end up paying more in insurance once these renovations are complete.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"1-adding-more-square-footage\">1. Adding More Square Footage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Developing a basement, attic, or garage for extra space adds square footage, but it also increases your home insurance costs. It costs more to rebuild a larger home and without updated coverage (which comes at a price), you won’t have sufficient funds to rebuild.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Always let your insurer know about a major addition before the work begins. Besides needing a higher home insurance limit to accommodate the increased value, you might need additional protection during construction and for the newly finished areas. For instance, a musty basement area that becomes a finished recreational area may demand sewer backup coverage. If you intend to rent out your new space, you’ll need landlord coverage, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"2-revamping-the-kitchen-or-bathroom\">2. Revamping the Kitchen or Bathroom</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Bathroom and kitchen renovations spruce up a home and can be a great way to increase its value, particularly if you’re using high-end finishes such as granite countertops, solid-wood cabinets, stone floors, and expensive fixtures and appliances. But that increased value can mean an increase in your premiums.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Whether you decide to buy replacement cost coverage or actual cash value coverage influences your insurance costs too. Actual cash value coverage costs less to buy but it will only pay the cost of the item less depreciation if you ever file a claim. It might, however, be enough for a small renovation. Replacement cost coverage costs more to buy, but pays the total cost to replace items and suits large renovation investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"3-adding-fire-features-to-your-home\">3. Adding Fire Features to Your Home</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Adding a wood stove, fireplace, outdoor fireplace, or fire pit increases fire risk. Most insurers provide coverage for fire features, but whether you’ll pay extra for it depends on your existing coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your personal property limit may cover a loss if you own a small portable fire pit, but you’ll probably need to increase your coverage (and your insurance costs) if you install an elaborate permanent fire pit or a new wood fireplace.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"4-building-new-structures\">4. Building New Structures</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A typical homeowner’s policy includes coverage for additional structures on your property, but usually only up to a maximum of 10 percent of your overall coverage limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you’re adding an expensive deck, gazebo, pool house, boat house, or garage, you may need to boost your insurance coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"5-creating-a-home-based-business-office\">5. Creating a Home-Based Business Office</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your homeowner’s policy may provide limited protection for business equipment, and you may be able to add an endorsement to your policy for an additional premium for some inventory or specialized equipment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Depending on the nature of your business, your clients or customers might visit your home. If they do, that puts you at an increased liability risk and you’ll probably need a business insurance policy to protect your from the costs associated with lawsuits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"6-changing-building-materials\">6. Changing Building Materials</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurers look at a lot of factors when estimating the risk of insuring you and your home. One of those factors is the constructions techniques and materials used to build your home. Expensive materials cost more to replace, and your insurer will charge you more accordingly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Underwriters also look for fire retardant materials. If you’re thinking of covering stucco with cedar shakes or lap siding, your premium could rise. Some insurance companies frown upon vinyl or aluminum siding because they’re susceptible to wind and hail damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you’re not married to using a particular material and want to avoid additional costs, discuss your renovation plans with your insurance agent before you begin work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"7-installing-a-pool-or-hot-tub\">7. Installing a Pool or Hot Tub</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>What that means is they’re basically a magnet that draws others to your property, even if you’re not home. And if a child decides to take a dip in your pool while you’re at work and injures themselves, you can be liable for court costs, legal fees, the court settlement, and ongoing medical bills. Because of all that, you’ll need more liability coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>You’ll probably also need a higher policy limit to account for the increased property value.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some people are tempted to just keep the new pool or hot tub under wraps so their insurance costs stay low, but that isn’t a viable option. If you fail to inform your insurer about these upgrades, they might reject your claim or drop your policy altogether. And if your auto insurance is bundled up with your home insurance, you could lose that coverage, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"8-adding-a-trampoline-swing-set-or-jungle-gym\">8. Adding a Trampoline, Swing Set, or Jungle Gym</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A trampoline, sing set, or jungle gym is a lot of fun for the kids, but they’re also risky. That’s especially so since, like a pool, they can attract other children to your property, even when you’re not home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some insurance companies won’t cover play equipment at all, while others will only do so if it meets other standards and the homeowner installs safety equipment.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As with pools and hot tubs, adding any of these items without telling your insurer is a material misrepresentation which can lead your insurer to deny all claims (not just those related to this equipment). Your insurance company may also cancel your policy, making it very difficult to insure again. You would also pay all lawsuit and medical costs out-of-pocket if someone gets hurt on your property.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>If you do find an insurance company willing to insure these items, it will increase your insurance costs due to increased liability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"9-making-structural-changes\">9. Making Structural Changes</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Substantial renovations, such as removing walls to create an open floor plan or replacing the roof structure, an exterior wall, or the foundation, increases risks and can trigger changes in your insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your insurance company may insist your homeowner’s policy reverts to another policy form while your home is under construction. You may need to buy a builder’s risk policy to protect yourself from the costs of a collapse, hazardous materials such as asbestos or lead paint, and work improvements required for building codes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some of these changes may significantly affect the scope and duration of your renovation, your insurance coverage, and premiums. The cost depends on the scope of the work and the risks. As always, an insurance professional can advise you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"10-leaving-home-vacant-during-renovations\">10. Leaving Home Vacant During Renovations</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>If you bought a home and haven’t moved into it yet, or you’ve rented it and it’s vacant now, contact your insurance provider to ensure you’re protected during renovations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Many insurance policies don’t cover your home for most perils if it’s left vacant. And if they do, they might only cover it if you let them know that it will be unoccupied. They might also only agree to cover a vacant property for a higher premium or charge you a fee for a vacancy permit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"know-what-youre-getting-into\">Know What You’re Getting Into</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In most cases, the increased insurance costs won’t significant enough to deter you from pursuing your home improvement goals. But it’s important to know how your renovations could change your insurance before deciding whether they’re truly worthwhile and within your budget.</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.insuranceopedia.com/10-home-upgrades-that-will-increase-your-insurance-costs/2/5870\">click here.</a></p>\n<!-- /wp:paragraph -->','10 Home Upgrades that Will Increase Your Insurance Costs','','inherit','closed','closed','','3634-revision-v1','','','2023-11-22 18:40:02','2023-11-22 18:40:02','',3634,'https://smartinsurance.tips/?p=3636',0,'revision','',0),(3637,1,'2023-11-22 18:47:07','2023-11-22 18:47:07','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3638,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-37-1024x1024.png\" alt=\"\" class=\"wp-image-3638\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Preparing for unforeseen circumstances in the unpredictable to protect your business world is not just prudent; it’s a necessity. Your business is susceptible to many risks, ranging from natural disasters like earthquakes or floods that can devastate your physical infrastructure to economic downturns that can threaten your financial stability. Moreover, cyberattacks have become an ever-present menace lurking in the digital shadows. These threats, combined with the ever-evolving legal and regulatory landscape, make it paramount to fortify your business against the unexpected.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Risk Assessment</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You must begin with a thorough risk assessment to safeguard your business effectively. This process involves identifying potential risks, both external and internal, that could jeopardize your operations. The spectrum of risks is broad, encompassing the capriciousness of Mother Nature, economic fluctuations that can disrupt markets and consumer spending, and the insidious nature of cyber threats that can compromise your data integrity. Prioritizing these risks based on their potential impact and likelihood of occurrence is crucial. It allows you to allocate resources and develop mitigation strategies that cater to the most pressing threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Historical Data and Industry Trends</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>One of the most reliable guides for navigating the future is history itself. Historical data and industry trends can serve as your compass through uncharted waters. By examining past incidents and analyzing industry patterns, you can gain valuable insights into what might lie on the horizon. For instance, studying how your industry weathered previous economic downturns can inform your financial preparedness strategy. Moreover, historical data can help you identify recurring issues within your own business, enabling you to address vulnerabilities before they escalate into crises.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Insurance Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurance is your business’s safety net, ready to catch you when unforeseen circumstances threaten to knock you off your feet. There are various types of business insurance, each designed to shield you from specific risks. Commercial property insurance coverage, for instance, safeguards your physical assets, while liability insurance protects you from legal claims and financial liabilities. Business interruption insurance can be a lifesaver when your operations are disrupted, ensuring you don’t suffer catastrophic losses. Regularly reviewing and updating your insurance policies is essential. Your insurance needs may change as your business evolves, and failing to adapt your coverage can expose you to unexpected risks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Business Continuity Planning</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Business continuity planning is your business’s superhero cape in the face of adversity. It’s more than just a contingency plan; it’s your playbook for survival. A well-crafted business continuity plan outlines how your business will operate during and after a crisis, ensuring critical functions can continue even when chaos reigns. Effective communication is the linchpin of business continuity. It involves clear lines of communication within your team, with your customers, and with your suppliers. Without it, even the most well-prepared plan can falter in a crisis.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Financial Preparedness</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Financial preparedness is akin to the sturdy foundation upon which your business is built. One of the cornerstones of financial readiness is having emergency funds at your disposal. These funds act as a financial cushion, protecting you from the immediate impact of unexpected expenses or revenue dips. Additionally, having access to lines of credit or business loans can provide vital financial support when your cash flow is strained. Diversifying your revenue streams is another pillar of financial resilience. Relying solely on one source of income can be precarious; by diversifying, you reduce your vulnerability to economic downturns or shifts in consumer preferences.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Cybersecurity Measures</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In our increasingly digital age, safeguarding your digital fortress is as critical as protecting your physical assets. Your business’s data is its lifeblood, and proper data protection is non-negotiable. Implementing robust data encryption protocols and regular backups ensures your vital information remains secure. However, cybersecurity isn’t solely a technical matter; your employees are your first line of defense. Educating your team about phishing awareness and sound password management practices is essential. Moreover, establishing and enforcing IT security policies ensures that your digital defenses remain resilient in the face of cyber threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Supply Chain Risk Management</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your supply chain is the circulatory system of your business, carrying the essential components that keep your operations healthy. However, it’s vulnerable to disruptions, whether from supplier issues, transportation delays, or unforeseen natural disasters. Supplier diversification is a strategic approach that minimizes your risk exposure. By spreading your supply sources across multiple vendors, you’re likely to be able to handle the failure of a single supplier. Moreover, having a contingency plan for supply chain disruptions can mean the difference between maintaining your operations and grinding to a halt. It’s about having a backup strategy to navigate through unexpected hurdles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Legal and Regulatory Compliance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The legal and regulatory landscape is constantly changing, making it challenging to navigate. To avoid legal pitfalls and protect your business, it’s crucial to stay informed about changing laws that may affect your industry. Regularly updating your knowledge of compliance requirements and conducting compliance audits can help you identify and address potential legal issues before they escalate into full-blown crises. Engaging legal experts to review and ensure the airtightness of your contracts and agreements provides an additional layer of protection. These legal anchors guide you safely through the turbulent waters of the legal realm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Employee Well-Being</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your employees are the backbone of your business, and their well-being is essential to its resilience. Ensuring a safe working environment is paramount. Not only does it protect your team, but it also mitigates the risk of workplace incidents that can disrupt your operations. Offering competitive benefits is another facet of employee care. It helps attract and retain top talent, strengthening your business’s ability to weather storms. Cross-training employees ensures that your business can continue operating smoothly, even without key personnel. It’s like having a backup crew ready to step in when needed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Building Trust</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A strong reputation and active community engagement can be your business’s lifeline during challenging times. Building trust takes time and involves several strategies. Cultivating a positive brand image in the eyes of your community is paramount. Engaging in corporate social responsibility (CSR) initiatives demonstrates your commitment to giving back to the community that supports your business. Moreover, having a crisis communication plan in place is crucial. It ensures that you can effectively manage and mitigate any crisis that might tarnish your reputation. It’s about weathering the storm while preserving your brand’s integrity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Takeaway</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In conclusion, protecting your business against unforeseen circumstances is an ongoing journey. By conducting a comprehensive risk assessment, securing the right insurance coverage, implementing robust business continuity planning and financial preparedness, and fortifying your cybersecurity measures, you’re building a resilient fortress for your business. Ensuring supply chain risk management, staying on top of legal and regulatory compliance and prioritizing employee well-being further strengthen your business’s ability to withstand adversity. Active community engagement and reputation management cement your business’s place in the hearts of your customers and community. Remember that resilience is not a destination but a continuous process. Stay vigilant, stay prepared, and may your business not only weather the storms but emerge stronger and more resilient than ever. If you have more questions or need guidance, don’t hesitate to reach out. After all, even seasoned sailors seek advice when charting uncharted waters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click here.</a></p>\n<!-- /wp:paragraph -->','How To Protect Your Business Against Unforeseen Circumstances','','publish','closed','closed','','how-to-protect-your-business-against-unforeseen-circumstances','','','2023-11-22 18:47:07','2023-11-22 18:47:07','',0,'https://smartinsurance.tips/?p=3637',0,'post','',0),(3638,1,'2023-11-22 18:45:27','2023-11-22 18:45:27','','Untitled-37','','inherit','closed','closed','','untitled-37','','','2023-11-22 18:45:27','2023-11-22 18:45:27','',3637,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-37.png',0,'attachment','image/png',0),(3639,1,'2023-11-22 18:47:07','2023-11-22 18:47:07','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3638,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-37-1024x1024.png\" alt=\"\" class=\"wp-image-3638\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Preparing for unforeseen circumstances in the unpredictable to protect your business world is not just prudent; it’s a necessity. Your business is susceptible to many risks, ranging from natural disasters like earthquakes or floods that can devastate your physical infrastructure to economic downturns that can threaten your financial stability. Moreover, cyberattacks have become an ever-present menace lurking in the digital shadows. These threats, combined with the ever-evolving legal and regulatory landscape, make it paramount to fortify your business against the unexpected.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Risk Assessment</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You must begin with a thorough risk assessment to safeguard your business effectively. This process involves identifying potential risks, both external and internal, that could jeopardize your operations. The spectrum of risks is broad, encompassing the capriciousness of Mother Nature, economic fluctuations that can disrupt markets and consumer spending, and the insidious nature of cyber threats that can compromise your data integrity. Prioritizing these risks based on their potential impact and likelihood of occurrence is crucial. It allows you to allocate resources and develop mitigation strategies that cater to the most pressing threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Historical Data and Industry Trends</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>One of the most reliable guides for navigating the future is history itself. Historical data and industry trends can serve as your compass through uncharted waters. By examining past incidents and analyzing industry patterns, you can gain valuable insights into what might lie on the horizon. For instance, studying how your industry weathered previous economic downturns can inform your financial preparedness strategy. Moreover, historical data can help you identify recurring issues within your own business, enabling you to address vulnerabilities before they escalate into crises.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Insurance Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Insurance is your business’s safety net, ready to catch you when unforeseen circumstances threaten to knock you off your feet. There are various types of business insurance, each designed to shield you from specific risks. Commercial property insurance coverage, for instance, safeguards your physical assets, while liability insurance protects you from legal claims and financial liabilities. Business interruption insurance can be a lifesaver when your operations are disrupted, ensuring you don’t suffer catastrophic losses. Regularly reviewing and updating your insurance policies is essential. Your insurance needs may change as your business evolves, and failing to adapt your coverage can expose you to unexpected risks.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Business Continuity Planning</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Business continuity planning is your business’s superhero cape in the face of adversity. It’s more than just a contingency plan; it’s your playbook for survival. A well-crafted business continuity plan outlines how your business will operate during and after a crisis, ensuring critical functions can continue even when chaos reigns. Effective communication is the linchpin of business continuity. It involves clear lines of communication within your team, with your customers, and with your suppliers. Without it, even the most well-prepared plan can falter in a crisis.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Financial Preparedness</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Financial preparedness is akin to the sturdy foundation upon which your business is built. One of the cornerstones of financial readiness is having emergency funds at your disposal. These funds act as a financial cushion, protecting you from the immediate impact of unexpected expenses or revenue dips. Additionally, having access to lines of credit or business loans can provide vital financial support when your cash flow is strained. Diversifying your revenue streams is another pillar of financial resilience. Relying solely on one source of income can be precarious; by diversifying, you reduce your vulnerability to economic downturns or shifts in consumer preferences.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Cybersecurity Measures</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In our increasingly digital age, safeguarding your digital fortress is as critical as protecting your physical assets. Your business’s data is its lifeblood, and proper data protection is non-negotiable. Implementing robust data encryption protocols and regular backups ensures your vital information remains secure. However, cybersecurity isn’t solely a technical matter; your employees are your first line of defense. Educating your team about phishing awareness and sound password management practices is essential. Moreover, establishing and enforcing IT security policies ensures that your digital defenses remain resilient in the face of cyber threats.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Supply Chain Risk Management</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your supply chain is the circulatory system of your business, carrying the essential components that keep your operations healthy. However, it’s vulnerable to disruptions, whether from supplier issues, transportation delays, or unforeseen natural disasters. Supplier diversification is a strategic approach that minimizes your risk exposure. By spreading your supply sources across multiple vendors, you’re likely to be able to handle the failure of a single supplier. Moreover, having a contingency plan for supply chain disruptions can mean the difference between maintaining your operations and grinding to a halt. It’s about having a backup strategy to navigate through unexpected hurdles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Legal and Regulatory Compliance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The legal and regulatory landscape is constantly changing, making it challenging to navigate. To avoid legal pitfalls and protect your business, it’s crucial to stay informed about changing laws that may affect your industry. Regularly updating your knowledge of compliance requirements and conducting compliance audits can help you identify and address potential legal issues before they escalate into full-blown crises. Engaging legal experts to review and ensure the airtightness of your contracts and agreements provides an additional layer of protection. These legal anchors guide you safely through the turbulent waters of the legal realm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Employee Well-Being</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Your employees are the backbone of your business, and their well-being is essential to its resilience. Ensuring a safe working environment is paramount. Not only does it protect your team, but it also mitigates the risk of workplace incidents that can disrupt your operations. Offering competitive benefits is another facet of employee care. It helps attract and retain top talent, strengthening your business’s ability to weather storms. Cross-training employees ensures that your business can continue operating smoothly, even without key personnel. It’s like having a backup crew ready to step in when needed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Building Trust</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>A strong reputation and active community engagement can be your business’s lifeline during challenging times. Building trust takes time and involves several strategies. Cultivating a positive brand image in the eyes of your community is paramount. Engaging in corporate social responsibility (CSR) initiatives demonstrates your commitment to giving back to the community that supports your business. Moreover, having a crisis communication plan in place is crucial. It ensures that you can effectively manage and mitigate any crisis that might tarnish your reputation. It’s about weathering the storm while preserving your brand’s integrity.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Takeaway</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>In conclusion, protecting your business against unforeseen circumstances is an ongoing journey. By conducting a comprehensive risk assessment, securing the right insurance coverage, implementing robust business continuity planning and financial preparedness, and fortifying your cybersecurity measures, you’re building a resilient fortress for your business. Ensuring supply chain risk management, staying on top of legal and regulatory compliance and prioritizing employee well-being further strengthen your business’s ability to withstand adversity. Active community engagement and reputation management cement your business’s place in the hearts of your customers and community. Remember that resilience is not a destination but a continuous process. Stay vigilant, stay prepared, and may your business not only weather the storms but emerge stronger and more resilient than ever. If you have more questions or need guidance, don’t hesitate to reach out. After all, even seasoned sailors seek advice when charting uncharted waters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click here.</a></p>\n<!-- /wp:paragraph -->','How To Protect Your Business Against Unforeseen Circumstances','','inherit','closed','closed','','3637-revision-v1','','','2023-11-22 18:47:07','2023-11-22 18:47:07','',3637,'https://smartinsurance.tips/?p=3639',0,'revision','',0),(3640,1,'2023-11-22 18:51:09','2023-11-22 18:51:09','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3641,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-38-1024x1024.png\" alt=\"\" class=\"wp-image-3641\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>They say home is where the heart is, but home is also where your family, pets, and possessions reside. Keeping those things safe is a top priority for most people, but these days, security involves much more than deadbolts and loud alarm systems. Over the last several years, smart technology and artificial intelligence systems have changed the face of the home security market, and you now have the ability to view your home via cameras or do things like open your gate or lock a door with a tap of your finger, even when you are not at home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While these technological advances are great, combing through the options to choose the best home security system can feel like a big undertaking. More often than not, homeowners get overwhelmed by choices and the potentially high costs and forgo selecting a system altogether, which potentially leaves their homes vulnerable to break-ins or other security issues. However, there are several easy and affordable options on the market. The following overview will help you make a more informed choice on how to secure your home, even on a budget.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Easy and affordable home security</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many families are put off by home security because of all the fancy and elaborate options available. It seems extraordinarily expensive to outfit a home with the right safety devices necessary, but the truth is that you don’t have to spend a fortune to make your home safer. There are plenty of cost-effective ways to keep the family safe with just a little creativity and a few minor investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Cheap yet effective security</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are many ways to leverage home security in your home without spending a fortune.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Wyze Cam Pan v2</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for digital zoom</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $43.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Wyze Cam Pan v2 offers a clear picture with an advanced 1080p color night vision resolution, 110°/sec rotation, and its signature Pan ScanTM for a full panoramic view. You won’t miss anything with a 360° horizontal range, 93° vertical range, and 8x digital zoom, plus six invisible infrared LEDs. The camera automatically detects motions, tagging and tracking for easy reference later or in real-time. Even better, the whole thing is compatible with Alexa and Google Home for easy command throughout your home. Upgraded features include real two-way audio, a mini siren, scheduling and automation options. Wyze also offers a myriad of other home security devices if you are looking to expand beyond just cameras.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">SV3C Outdoor Wi-Fi Camera</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for seniors and new users</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $41.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The SV3C Outdoor Wi-Fi Camera will keep an eye on the perimeter of your property with a 1080p IP camera that offers full night vision. There is built-in motion detection with automatic alerts and it is compatible with a 64GB SD card for your MPEG-4 or AVI footage (not included with camera). The aluminum design receives an IP66 waterproof rating, so it’s safe for the elements. Plus, there’s an easy Wi-Fi and wireless setup, so you don’t have to be tech-savvy to get the camera up and running. It makes it a great fit for those who are newer to home security and appreciate a simpler setup.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Yi Dome Camera</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for cloud security and storage</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $33.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Yi Dome Camera from Yi Technology comes in 720p HD with full 360° coverage through both 345° horizontal and 115° vertical rotation. Night vision delivers a crystal-clear picture, thanks to eight different infrared LED beads. That means the camera offers viewing of 3 meters in complete darkness and without any light pollution that can impact your family’s sleep. Yi Technology highly prioritizes your security, with highly-encrypted cloud-based security to keep all of your data private and secure, plus an optional privacy cover for extra security when you are not using it. There are tons of easy features for added convenience, such as a built-in 2-way microphone with intercom and the optional hands-free mode, with real-time alerts and automatic 10-second motion tracking when it detects movement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Wansview Q5</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for widespread monitoring</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average price: $26.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Wansview Q5 is a Wi-Fi-enabled live IP camera with 1080P HD picture that is advertised to suit a whole host of purposes, such as a baby, pet or nanny cam. There is a motion detector with a built-in microphone, 2-way audio, and night vision, plus the system works with Alexa to offer voice command and storage is through the Cloud. There are 4 different IR LEDs that offer images even in complete darkness for up to 5 meters without light pollution. However, the Wansview Q5 is only compatible with 2.4G Wi-Fi, so 5G users may want to consider a different product.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">ZOSI C190</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for advanced AI tech</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $33.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The ZOSI C190 Wireless Outdoor Security Camera is one smart camera offering two-way audio, motion alerts, smart 12-piece lights, a high-pitch 85 dB alarm, and color night vision for up to 80 feet. This camera does require connecting to the power supply, but features an IP67 Waterproof design and supports SD Card Storage. Most impressively, Zosi features smart technology that utilizes AI for human detection. That means your camera can recognize body shapes and face patterns, triggering automatic motion alerts when necessary, so you don’t get bogged down by animals, leaves, or birds. However, this camera does not support 5g WiFi.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Blink Mini</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for a compact model</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $34.99 each or $64.99 for two</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Blink Mini camera is a 1080P HD camera meant for the interior of your home with a simple plug-in design. You can customize motion detection zones with smartphone alerts, and there’s a non-continuous live feed with motion detection and two-way audio. It’s compatible with Alexa and pairs with other Alexa-enabled devices, too. You have the choice of one camera or two in a compact, space-efficient design, and it comes with a free trial of Blink cloud storage so you can take the service for a test drive before you decide to buy. Blink Cameras are also available in outdoor versions so you can customize your security package for your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">eufy security Floodlight Camera E</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for smart lighting</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $199</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The eufy security Floodlight Camera E offers 2k surveillance with live stream and recorded video capabilities. With built-in AI features to detect body shape, you will only be alerted when a person approaches the camera, and you can trigger a loud 100dB siren or utilize 2-way audio when necessary. The main feature is the 2,000-lumen motion-activated flood lights that illuminate the entire viewing area, alerting you to any intruders and ensuring a crisp full-color recording. Plus, the eufy security line is known as a one-time purchase product with no hidden costs or monthly fees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Although the device needs to be connected to existing wiring, it features an IP65 Weatherproof rating, making it an option for outdoor surveillance, no matter the weather or temperature. As a bonus, the camera is compatible with Alexa and Google Assistant, but it does require a 2.4GHz WiFi network.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Ring</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for comprehensive security</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $59.99 – $996.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Ring offers an entire suite of home security options, with both a la carte and full package options. Choose from indoor or outdoor cameras with optional spotlight or floodlight for extra security, with the added options of video doorbells, smart lighting or a full-fledged, comprehensive security system. All devices coordinate together to offer a full live view with two-way talk and built-in motion detectors for both inside and out. Ring is compatible with Alexa with a free trial of Ring Protect service, which allows recording, people-only detection mode and device protection with an extended warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">SimpliSafe</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for full-service monitoring</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $99 – $342</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>SimpliSafe offers tons of home security options, too. You have the option to choose from pre-selected packages or customize your perfect home system, or you can buy refurbished to save even more money. SimpliSafe offers advanced cameras that utilize a unique heat signature to detect humans and not pets or animals. There are also open door and window alerts with whole-home protection, a 95dB siren, and 24/7 monitoring through six different monitoring centers. In addition to SimpliCam, there are smart door locks and video doorbells available. Wi-Fi and cellular are built-in, plus a trusty backup battery to ensure video never fails, no matter what happens.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Other ways to secure your home</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are other ways that you can deter would-be vandals with some simple tips like these.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Keep a large dog bowl on your porch.</strong><br>Criminals would rather vandalize a home that doesn’t have any pets, so if they see evidence that you have a dog, they may think again before stepping onto your property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Buy a home security sign.</strong><br>Amazon and several other retailers offer home security signs that you can place in your yard to show the public that your home is under security surveillance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Keep a pair of large work boots on your porch.</strong><br>This can be especially helpful to those who live alone and want to give the impression that another resident lives in the home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use timed lights.</strong><br>On those nights when you work late or have an unexpected delay, timed lights will still come on at the predetermined time and make even an empty home seem occupied.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use your dog cam and/or nanny cam.</strong><br>Some people may not have a full security system in place, but dog or nanny cams can be a wonderful addition to the home to help ensure our pets and children are protected.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Add a door security bar.</strong><br>Door locks can sometimes be tampered with, so ensure doors cannot be pried open with the help of a door security bar.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Put up fake security cameras.</strong><br>Even if they are not recording, realistic-looking fake cameras can give the illusion that your property is under surveillance and can still help deter criminals.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Add the Chamberlain MYQ-G0201.</strong><br>This handy device gives you control of your garage door on the go with automatic notifications every time it is opened.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Install a noisy door stopper.</strong><br>No one likes creaky doors, especially criminals, so the louder you make your entryways, the less likely it is that robbers will continue into your property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use the Wemo WDS060 Smart Dimmer Switch.</strong><br>For around $35, you can buy this smart light switch that integrates with Alexa and Google Assistant for full control and programmable options of your home lighting.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Switch to a portable door lock.</strong><br>Even cheaper is a portable door lock. Made for hinged doors, this door lock can be added to traditional doors as an extra layer of security to ensure that no one can enter unless you allow it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use a portable door alarm.</strong><br>Like the portable door lock, an alarm will deliver a shrieking siren that can immediately alert emergency help.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Invest in solar outdoor lights.</strong><br>Skip the extra utility bill and add some solar lights to the exterior of your property, adding a brightly-lit backdrop to your residence.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Get to know your neighbors.</strong><br>Your next-door neighbors can be your best home security system because they will most likely notice if something is amiss. Neighbors can provide immediate assistance if necessary and can also check in on your home when you are away.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Trick intruders with noise.</strong><br>Use Google Home or Alexa to fill your home with the sounds of television, conversation or music to make thieves think that there are people home even when there are not.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Apps for home safety</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Whether it’s for vacation or over the holidays, Americans love to travel, and that means spending time outside of the home. Home security apps are immensely helpful when we are not home, but many also come with added features that can make them useful within the home, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Vivint Smart Home</strong><br>Vivint offers a full suite of comprehensive home security solutions, including smart outdoor, indoor and doorbell cameras with smart door locks, thermostats and home control. The Vivint app keeps you in control at all times, no matter where you are, with features like Smart Deter technology, which not only detects danger but actively prevents it through light and sound. There is also access to 24/7 monitoring and member support.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>AtHome Camera</strong><br>Ichano’s AtHome Camera is a remote camera with live video surveillance. It’s Wi-Fi-enabled to power features like two-way talk, motion detection and night vision, which are controlled via the app. You can also log in using your computer to manage your home camera.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>tinyCam Monitor</strong><br>The tinyCam Monitor is a free download that uses remote surveillance to control up to 16 cameras with four cameras managed simultaneously. The system can work through private or public networks, IP cameras, video encoders and DVRs. You can control what you record through digital video recordings that integrate with Fire TV and Google Chromecast.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Nest</strong><br>Nest is now Google Nest, sold via the Google Store thanks to a recent merger with Google. There are a host of security solutions, including cameras, smart thermostats, smart doorbells, smart locks, smart alarms and smart smoke and CO detectors, that all integrate with the Google Nest app. You can receive exclusive notifications and benefits like person alerts, Supersight that includes a 4K sensor and HDR picture with close-up tracking, talk and listen in available HD, and familiar face alerts so you don’t get bothered with alerts for a family member</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Presence</strong><br>A free app, Presence uses the camera on any smart device, such as an old phone, for real-time video security monitoring. It can also connect to door sensors and window sensors so you can receive detailed reporting on all traffic in and out of your home. Presence installs in minutes, is compatible with most platforms and does not require a subscription.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Cove</strong><br>Simple to use and easy to install, Cove offers DIY home security without any contracts. The system uses a tamper-proof Cove Touch Alarm Panel that features two-way audio and an 84dB siren. It’s also connected to six 24/7 monitoring centers with RapidSOS emergency dispatch that the company claims can cut emergency services response time by as much as four minutes.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>ADT Mobile App</strong><br>ADT is known for home security, and its mobile app further simplifies things, regardless of whether you are Team iPhone or Android. In addition to offering remote control over home security, the ADT mobile app allows users to track alarm history, manage payments and update contacts.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>FrontPoint</strong><br>FrontPoint offers comprehensive home security that’s integrated into one mobile app and protected by the power of bank-grade encryption. Users can customize their systems, which start at $99 and use cellular technology for greater reliability. There’s also battery backup that lasts a full day.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Protect America SMART Connect</strong><br>Protect America is the home security app by Brinks Home Security. It is free to download and allows those with Brinks to better control and manage their security systems through remote control and automation. In addition to alerts, the app allows you to view cameras and disarm the security system.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Ring Mobile App</strong><br>The Ring Always Home app integrates with your Wi-Fi-enabled security cameras and doorbells. It also taps into the local community, sending instant alerts for motion detectors and real-time alerts for crime with two-way audio. You can download Ring Video Recording for a free 30-day trial that you can use to save and share all your videos for future playback.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Arlo</strong><br>Great for home or business, Arlo also offers flexibility in its video cameras with either a wired or wireless option. Also available are smart doorbells and the Pro 3 Floodlight Camera for super-bright exterior lighting that’s all controlled by the easy-to-use mobile app.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">The bottom line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>No matter where you live, you don’t have to break the bank to secure your home. Whether you are looking for a simple outdoor camera by your entry points or want a full comprehensive system, smart home technology has created tons of innovative options. Investing in your home’s security is just a matter of considering your budget and deciding which one is best for you, and chances are, there’s an app for that, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">here.</a></p>\n<!-- /wp:paragraph -->','How to Secure Your Home on a Budget','','publish','closed','closed','','how-to-secure-your-home-on-a-budget','','','2023-11-22 18:51:09','2023-11-22 18:51:09','',0,'https://smartinsurance.tips/?p=3640',0,'post','',0),(3641,1,'2023-11-22 18:48:35','2023-11-22 18:48:35','','Untitled-38','','inherit','closed','closed','','untitled-38-2','','','2023-11-22 18:48:35','2023-11-22 18:48:35','',3640,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-38.png',0,'attachment','image/png',0),(3642,1,'2023-11-22 18:51:09','2023-11-22 18:51:09','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3641,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-38-1024x1024.png\" alt=\"\" class=\"wp-image-3641\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>They say home is where the heart is, but home is also where your family, pets, and possessions reside. Keeping those things safe is a top priority for most people, but these days, security involves much more than deadbolts and loud alarm systems. Over the last several years, smart technology and artificial intelligence systems have changed the face of the home security market, and you now have the ability to view your home via cameras or do things like open your gate or lock a door with a tap of your finger, even when you are not at home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>While these technological advances are great, combing through the options to choose the best home security system can feel like a big undertaking. More often than not, homeowners get overwhelmed by choices and the potentially high costs and forgo selecting a system altogether, which potentially leaves their homes vulnerable to break-ins or other security issues. However, there are several easy and affordable options on the market. The following overview will help you make a more informed choice on how to secure your home, even on a budget.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Easy and affordable home security</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many families are put off by home security because of all the fancy and elaborate options available. It seems extraordinarily expensive to outfit a home with the right safety devices necessary, but the truth is that you don’t have to spend a fortune to make your home safer. There are plenty of cost-effective ways to keep the family safe with just a little creativity and a few minor investments.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">Cheap yet effective security</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are many ways to leverage home security in your home without spending a fortune.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Wyze Cam Pan v2</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for digital zoom</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $43.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Wyze Cam Pan v2 offers a clear picture with an advanced 1080p color night vision resolution, 110°/sec rotation, and its signature Pan ScanTM for a full panoramic view. You won’t miss anything with a 360° horizontal range, 93° vertical range, and 8x digital zoom, plus six invisible infrared LEDs. The camera automatically detects motions, tagging and tracking for easy reference later or in real-time. Even better, the whole thing is compatible with Alexa and Google Home for easy command throughout your home. Upgraded features include real two-way audio, a mini siren, scheduling and automation options. Wyze also offers a myriad of other home security devices if you are looking to expand beyond just cameras.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">SV3C Outdoor Wi-Fi Camera</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for seniors and new users</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $41.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The SV3C Outdoor Wi-Fi Camera will keep an eye on the perimeter of your property with a 1080p IP camera that offers full night vision. There is built-in motion detection with automatic alerts and it is compatible with a 64GB SD card for your MPEG-4 or AVI footage (not included with camera). The aluminum design receives an IP66 waterproof rating, so it’s safe for the elements. Plus, there’s an easy Wi-Fi and wireless setup, so you don’t have to be tech-savvy to get the camera up and running. It makes it a great fit for those who are newer to home security and appreciate a simpler setup.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Yi Dome Camera</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for cloud security and storage</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $33.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Yi Dome Camera from Yi Technology comes in 720p HD with full 360° coverage through both 345° horizontal and 115° vertical rotation. Night vision delivers a crystal-clear picture, thanks to eight different infrared LED beads. That means the camera offers viewing of 3 meters in complete darkness and without any light pollution that can impact your family’s sleep. Yi Technology highly prioritizes your security, with highly-encrypted cloud-based security to keep all of your data private and secure, plus an optional privacy cover for extra security when you are not using it. There are tons of easy features for added convenience, such as a built-in 2-way microphone with intercom and the optional hands-free mode, with real-time alerts and automatic 10-second motion tracking when it detects movement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Wansview Q5</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for widespread monitoring</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average price: $26.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Wansview Q5 is a Wi-Fi-enabled live IP camera with 1080P HD picture that is advertised to suit a whole host of purposes, such as a baby, pet or nanny cam. There is a motion detector with a built-in microphone, 2-way audio, and night vision, plus the system works with Alexa to offer voice command and storage is through the Cloud. There are 4 different IR LEDs that offer images even in complete darkness for up to 5 meters without light pollution. However, the Wansview Q5 is only compatible with 2.4G Wi-Fi, so 5G users may want to consider a different product.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">ZOSI C190</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for advanced AI tech</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $33.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The ZOSI C190 Wireless Outdoor Security Camera is one smart camera offering two-way audio, motion alerts, smart 12-piece lights, a high-pitch 85 dB alarm, and color night vision for up to 80 feet. This camera does require connecting to the power supply, but features an IP67 Waterproof design and supports SD Card Storage. Most impressively, Zosi features smart technology that utilizes AI for human detection. That means your camera can recognize body shapes and face patterns, triggering automatic motion alerts when necessary, so you don’t get bogged down by animals, leaves, or birds. However, this camera does not support 5g WiFi.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Blink Mini</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for a compact model</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $34.99 each or $64.99 for two</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The Blink Mini camera is a 1080P HD camera meant for the interior of your home with a simple plug-in design. You can customize motion detection zones with smartphone alerts, and there’s a non-continuous live feed with motion detection and two-way audio. It’s compatible with Alexa and pairs with other Alexa-enabled devices, too. You have the choice of one camera or two in a compact, space-efficient design, and it comes with a free trial of Blink cloud storage so you can take the service for a test drive before you decide to buy. Blink Cameras are also available in outdoor versions so you can customize your security package for your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">eufy security Floodlight Camera E</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for smart lighting</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $199</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>The eufy security Floodlight Camera E offers 2k surveillance with live stream and recorded video capabilities. With built-in AI features to detect body shape, you will only be alerted when a person approaches the camera, and you can trigger a loud 100dB siren or utilize 2-way audio when necessary. The main feature is the 2,000-lumen motion-activated flood lights that illuminate the entire viewing area, alerting you to any intruders and ensuring a crisp full-color recording. Plus, the eufy security line is known as a one-time purchase product with no hidden costs or monthly fees.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Although the device needs to be connected to existing wiring, it features an IP65 Weatherproof rating, making it an option for outdoor surveillance, no matter the weather or temperature. As a bonus, the camera is compatible with Alexa and Google Assistant, but it does require a 2.4GHz WiFi network.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">Ring</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for comprehensive security</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $59.99 – $996.99</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Ring offers an entire suite of home security options, with both a la carte and full package options. Choose from indoor or outdoor cameras with optional spotlight or floodlight for extra security, with the added options of video doorbells, smart lighting or a full-fledged, comprehensive security system. All devices coordinate together to offer a full live view with two-way talk and built-in motion detectors for both inside and out. Ring is compatible with Alexa with a free trial of Ring Protect service, which allows recording, people-only detection mode and device protection with an extended warranty.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":4} -->\n<h4 class=\"wp-block-heading\">SimpliSafe</h4>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Best for full-service monitoring</strong></li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Average cost: $99 – $342</strong></li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>SimpliSafe offers tons of home security options, too. You have the option to choose from pre-selected packages or customize your perfect home system, or you can buy refurbished to save even more money. SimpliSafe offers advanced cameras that utilize a unique heat signature to detect humans and not pets or animals. There are also open door and window alerts with whole-home protection, a 95dB siren, and 24/7 monitoring through six different monitoring centers. In addition to SimpliCam, there are smart door locks and video doorbells available. Wi-Fi and cellular are built-in, plus a trusty backup battery to ensure video never fails, no matter what happens.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Other ways to secure your home</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>There are other ways that you can deter would-be vandals with some simple tips like these.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Keep a large dog bowl on your porch.</strong><br>Criminals would rather vandalize a home that doesn’t have any pets, so if they see evidence that you have a dog, they may think again before stepping onto your property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Buy a home security sign.</strong><br>Amazon and several other retailers offer home security signs that you can place in your yard to show the public that your home is under security surveillance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Keep a pair of large work boots on your porch.</strong><br>This can be especially helpful to those who live alone and want to give the impression that another resident lives in the home.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use timed lights.</strong><br>On those nights when you work late or have an unexpected delay, timed lights will still come on at the predetermined time and make even an empty home seem occupied.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use your dog cam and/or nanny cam.</strong><br>Some people may not have a full security system in place, but dog or nanny cams can be a wonderful addition to the home to help ensure our pets and children are protected.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Add a door security bar.</strong><br>Door locks can sometimes be tampered with, so ensure doors cannot be pried open with the help of a door security bar.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Put up fake security cameras.</strong><br>Even if they are not recording, realistic-looking fake cameras can give the illusion that your property is under surveillance and can still help deter criminals.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Add the Chamberlain MYQ-G0201.</strong><br>This handy device gives you control of your garage door on the go with automatic notifications every time it is opened.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Install a noisy door stopper.</strong><br>No one likes creaky doors, especially criminals, so the louder you make your entryways, the less likely it is that robbers will continue into your property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use the Wemo WDS060 Smart Dimmer Switch.</strong><br>For around $35, you can buy this smart light switch that integrates with Alexa and Google Assistant for full control and programmable options of your home lighting.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Switch to a portable door lock.</strong><br>Even cheaper is a portable door lock. Made for hinged doors, this door lock can be added to traditional doors as an extra layer of security to ensure that no one can enter unless you allow it.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Use a portable door alarm.</strong><br>Like the portable door lock, an alarm will deliver a shrieking siren that can immediately alert emergency help.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Invest in solar outdoor lights.</strong><br>Skip the extra utility bill and add some solar lights to the exterior of your property, adding a brightly-lit backdrop to your residence.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Get to know your neighbors.</strong><br>Your next-door neighbors can be your best home security system because they will most likely notice if something is amiss. Neighbors can provide immediate assistance if necessary and can also check in on your home when you are away.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Trick intruders with noise.</strong><br>Use Google Home or Alexa to fill your home with the sounds of television, conversation or music to make thieves think that there are people home even when there are not.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Apps for home safety</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Whether it’s for vacation or over the holidays, Americans love to travel, and that means spending time outside of the home. Home security apps are immensely helpful when we are not home, but many also come with added features that can make them useful within the home, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Vivint Smart Home</strong><br>Vivint offers a full suite of comprehensive home security solutions, including smart outdoor, indoor and doorbell cameras with smart door locks, thermostats and home control. The Vivint app keeps you in control at all times, no matter where you are, with features like Smart Deter technology, which not only detects danger but actively prevents it through light and sound. There is also access to 24/7 monitoring and member support.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>AtHome Camera</strong><br>Ichano’s AtHome Camera is a remote camera with live video surveillance. It’s Wi-Fi-enabled to power features like two-way talk, motion detection and night vision, which are controlled via the app. You can also log in using your computer to manage your home camera.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>tinyCam Monitor</strong><br>The tinyCam Monitor is a free download that uses remote surveillance to control up to 16 cameras with four cameras managed simultaneously. The system can work through private or public networks, IP cameras, video encoders and DVRs. You can control what you record through digital video recordings that integrate with Fire TV and Google Chromecast.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Nest</strong><br>Nest is now Google Nest, sold via the Google Store thanks to a recent merger with Google. There are a host of security solutions, including cameras, smart thermostats, smart doorbells, smart locks, smart alarms and smart smoke and CO detectors, that all integrate with the Google Nest app. You can receive exclusive notifications and benefits like person alerts, Supersight that includes a 4K sensor and HDR picture with close-up tracking, talk and listen in available HD, and familiar face alerts so you don’t get bothered with alerts for a family member</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Presence</strong><br>A free app, Presence uses the camera on any smart device, such as an old phone, for real-time video security monitoring. It can also connect to door sensors and window sensors so you can receive detailed reporting on all traffic in and out of your home. Presence installs in minutes, is compatible with most platforms and does not require a subscription.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Cove</strong><br>Simple to use and easy to install, Cove offers DIY home security without any contracts. The system uses a tamper-proof Cove Touch Alarm Panel that features two-way audio and an 84dB siren. It’s also connected to six 24/7 monitoring centers with RapidSOS emergency dispatch that the company claims can cut emergency services response time by as much as four minutes.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>ADT Mobile App</strong><br>ADT is known for home security, and its mobile app further simplifies things, regardless of whether you are Team iPhone or Android. In addition to offering remote control over home security, the ADT mobile app allows users to track alarm history, manage payments and update contacts.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>FrontPoint</strong><br>FrontPoint offers comprehensive home security that’s integrated into one mobile app and protected by the power of bank-grade encryption. Users can customize their systems, which start at $99 and use cellular technology for greater reliability. There’s also battery backup that lasts a full day.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Protect America SMART Connect</strong><br>Protect America is the home security app by Brinks Home Security. It is free to download and allows those with Brinks to better control and manage their security systems through remote control and automation. In addition to alerts, the app allows you to view cameras and disarm the security system.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Ring Mobile App</strong><br>The Ring Always Home app integrates with your Wi-Fi-enabled security cameras and doorbells. It also taps into the local community, sending instant alerts for motion detectors and real-time alerts for crime with two-way audio. You can download Ring Video Recording for a free 30-day trial that you can use to save and share all your videos for future playback.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Arlo</strong><br>Great for home or business, Arlo also offers flexibility in its video cameras with either a wired or wireless option. Also available are smart doorbells and the Pro 3 Floodlight Camera for super-bright exterior lighting that’s all controlled by the easy-to-use mobile app.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">The bottom line</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>No matter where you live, you don’t have to break the bank to secure your home. Whether you are looking for a simple outdoor camera by your entry points or want a full comprehensive system, smart home technology has created tons of innovative options. Investing in your home’s security is just a matter of considering your budget and deciding which one is best for you, and chances are, there’s an app for that, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">here.</a></p>\n<!-- /wp:paragraph -->','How to Secure Your Home on a Budget','','inherit','closed','closed','','3640-revision-v1','','','2023-11-22 18:51:09','2023-11-22 18:51:09','',3640,'https://smartinsurance.tips/?p=3642',0,'revision','',0),(3643,1,'2023-11-22 19:02:10','2023-11-22 19:02:10','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3644,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-39-1024x1024.png\" alt=\"\" class=\"wp-image-3644\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Leadership advice is shared insight that might help leaders improve their abilities to guide others successfully, which can lead leaders and their teams to achieve common goals effectively. If you\'re in a leadership position, learning how to seek advice can give you new ideas for problem-solving and demonstrate you\'re willing to learn and grow.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this article, we list 21 tips to become an effective leader and discuss why leadership advice is beneficial.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">21 tips for effective leadership</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Here are some tips to become an effective leader:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Be humble</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Leaders who are humble share the success of the team with other team members. They might do this by drawing attention to the hard work of each individual within the team and recognizing the effort of each team member against external forces when they have the chance to do so. This type of humility can help all team members feel a sense of inclusion and pride in their work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Be goal-oriented</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rather than focusing on a problem, effective leaders direct their attention toward the solution. They may do this by focusing on company goals and developing a plan to meet those goals. Effective leaders prioritize so they can complete the most urgent tasks first.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Build trust</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Develop relationships to earn the trust of the team because it can facilitate better teamwork. A leader who actively seeks to build trust may also demonstrate that consideration for the interests of team members and the company. Here are a few tips to help you build trust at work:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Participate in daily activities.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Learn something about each team member.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Be fair and consistent.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Involve individuals of all levels in decisions.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Recognize your colleagues\' contributions to shared work.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Be decisive</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Decisive individuals can make quick and efficient decisions in the workplace. This may help them troubleshoot problems and achieve success quickly. When choosing a solution, think about the goals of your project and company, then pick a solution that aligns with these goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Strive to inspire a shared vision among colleagues so that everyone is working toward a common goal. When it comes time to make a decision, be confident in your ability to guide team members toward the proper outcome. This confidence can help inspire a team to follow your leadership.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Set an example</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As a leader, you have a greater deal of accountability than the individuals on your team. Your primary goal as a manager is to set an example. Be the kind of leader you would follow yourself. For example, if you want your colleagues to be on time, be punctual yourself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Encourage communication</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Part of building trust in the workplace is establishing an environment where team members can take risks and comfortably express their ideas, concerns or opinions. Here are a few ways to promote an open environment for two-way feedback:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Encourage feedback.&nbsp;</strong>Encourage individuals to ask questions, recommend ways to solve problems and discuss concerns. Let them express their opinions on company policies or decisions.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Reward outstanding individuals.&nbsp;</strong>Mention or reward team members who\'ve achieved significant progress toward the organizational goals or shared useful feedback with the company.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Promote respect for varied opinions. </strong>Encourage all team members, including senior leaders and management, to respect the opinions or perceptions of their colleagues.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Learn about your team</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Taking time to learn about your team and to help the team learn about each other, can help improve communication and mutual respect. As a leader, learning about your peers and understanding their individual personalities, goals and work styles can also help you develop better strategies for management. You can also use what you learn to establish an environment every team member feels like you listen to them and care for their wellbeing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">8. Provide constructive feedback</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Constructive criticism can have a positive effect on a team member\'s professional growth. When you provide feedback, be specific. Clearly explain how team members can change their behavior to better align with your expectations. Maintain a friendly and respectful tone and restate the individual\'s value to the company. You can also tell them that you\'re providing this feedback because you want to see them grow and succeed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">9. Know when to delegate tasks</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As an effective leader, know when to delegate assignments and when to complete them yourself. Assigning tasks in this way can help you focus on the most important tasks you have yet to complete.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Before you delegate a task, consider the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Other team members who have the skills or information to complete the assignment</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If the assignment provides an opportunity to build and improve an individual\'s skill set</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Is this a recurring task</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If there\'s enough time to delegate the assignment efficiently</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Reasons you shouldn\'t delegate this task</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">10. Give without expecting something in return</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Effective leaders may adopt a servant-leadership mindset. This involves refocusing your mind on giving without expecting something in return. Leaders who give naturally see potential and abundance in those around them, so developing this mindset might help you succeed in encouraging the development of your peers. You may also share knowledge and offer support generously.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">11. Know your own limits</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even the kindest and most caring leaders have boundaries and limits. When you have firm boundaries as a leader, you can earn the respect of your colleagues or team members. Knowing your strengths and limitations can help you delegate tasks that are better suited to other team members.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When you set limits or clear boundaries with team members, put your communication skills into practice to explain what you need that can help you be successful. Also, be sure to respect the boundaries and limits of others.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">12. Keep learning</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Successful leaders often know that there\'s always something new to learn. Many team members respect leaders that can admit when they don\'t have the right answer and are eager to learn new things. These leaders are willing to let their teams teach them something new and look for professional development opportunities for themselves, such as taking a course or attending networking events.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">13. Trust your team members</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When you trust the individuals on your team and let them do their job without interfering, you can increase their productivity and boost their morale. You can also build their confidence and improve their work performance. You can demonstrate your trust in your team by allowing them independence in some aspects of their work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">14. Encourage productive meetings</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Time is a valuable resource, so use it wisely. As an effective leader, you can encourage productive meetings by:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Staying on task and keeping discussions focused</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Planning ahead to get as much as possible out of a short time</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Brainstorming creative productivity ideas or strategies with your team</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">15. Learn from your mistakes</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Learning from past mistakes can help you determine better techniques for achieving your goals. It can also be a great way to lead by example and show your team that mistakes can be useful. When you make a mistake, engage your positive leadership mindset and consider it an opportunity for future improvement and growth.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">16. Be passionate</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many effective leaders are passionate and give their best effort. When your team sees your engagement and motivation, it can encourage them to offer the same enthusiasm at work. This practice can increase productivity and enhance morale.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">17. Compliment and recognize team members</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Recognize the good work and strong efforts your team put into their job. Recognition can include compliments and awards. This acknowledgment can make team members feel loved and appreciated, which can increase their job satisfaction and engagement. Providing recognition for top performers can also motivate other individuals to work hard.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">18. Create a fun work environment</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Establish a fun work environment where team members can relax. To do this, schedule trips or games for relaxation. Teams that have these kinds of activities on their work schedule may feel happier and more productive. A fun work environment can build a strong rapport among your team members, allowing them to learn from and collaborate with each other.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">19. Focus on change</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As a leader, help your peers understand the objectives and goals of the company and what they can do to help achieve those goals. Once they know what changes the company is trying to achieve, they may be more enthusiastic about doing work that can contribute to its success. In this way, focus on the company\'s overall vision and have the desire to bring about change.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">20. Promote diversity</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Effective leaders often welcome diversity and enhance the strengths that it can confer in a company. A diverse workforce that includes a wide range of personalities and backgrounds may generate new ideas and innovation, which can increase the likelihood of success. Diversity can also be a key to business accomplishments like growth and profit. As a leader, recognize the value of diversity and strive to build teams that embrace it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">21. Help to develop future leaders</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Part of being an effective leader is ensuring there\'s someone else who can take over your position when necessary. Your company can benefit from creating a plan that leaves no time gap between supervisors. This means training other team members on how to perform your duties. Having trustworthy, competent team members who can take on your role ensures the company can maintain its productivity in your absence.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Why is leadership advice beneficial?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Seeking advice can help you become an effective leader and make wise decisions. Specifically, seeking out new leadership knowledge and advice can help you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Develop better solutions to problems than you would on your own</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Add nuance and perspective to your thinking</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Overcome self-serving rationales and cognitive biases</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Experience inspiration as a leader, motivating you to create the changes you want to see in the workplace</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.indeed.com/career-advice/career-development/leadership-advice\">here.</a></p>\n<!-- /wp:paragraph -->','Leadership Advice: 21 Tips for Becoming an Effective Leader','','publish','closed','closed','','leadership-advice-21-tips-for-becoming-an-effective-leader','','','2023-11-22 19:02:10','2023-11-22 19:02:10','',0,'https://smartinsurance.tips/?p=3643',0,'post','',0),(3644,1,'2023-11-22 19:00:00','2023-11-22 19:00:00','','Untitled-39','','inherit','closed','closed','','untitled-39','','','2023-11-22 19:00:00','2023-11-22 19:00:00','',3643,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-39.png',0,'attachment','image/png',0),(3645,1,'2023-11-22 19:02:10','2023-11-22 19:02:10','<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":3644,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-39-1024x1024.png\" alt=\"\" class=\"wp-image-3644\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>Leadership advice is shared insight that might help leaders improve their abilities to guide others successfully, which can lead leaders and their teams to achieve common goals effectively. If you\'re in a leadership position, learning how to seek advice can give you new ideas for problem-solving and demonstrate you\'re willing to learn and grow.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In this article, we list 21 tips to become an effective leader and discuss why leadership advice is beneficial.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">21 tips for effective leadership</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Here are some tips to become an effective leader:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">1. Be humble</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Leaders who are humble share the success of the team with other team members. They might do this by drawing attention to the hard work of each individual within the team and recognizing the effort of each team member against external forces when they have the chance to do so. This type of humility can help all team members feel a sense of inclusion and pride in their work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">2. Be goal-oriented</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Rather than focusing on a problem, effective leaders direct their attention toward the solution. They may do this by focusing on company goals and developing a plan to meet those goals. Effective leaders prioritize so they can complete the most urgent tasks first.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">3. Build trust</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Develop relationships to earn the trust of the team because it can facilitate better teamwork. A leader who actively seeks to build trust may also demonstrate that consideration for the interests of team members and the company. Here are a few tips to help you build trust at work:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Participate in daily activities.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Learn something about each team member.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Be fair and consistent.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Involve individuals of all levels in decisions.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Recognize your colleagues\' contributions to shared work.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">4. Be decisive</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Decisive individuals can make quick and efficient decisions in the workplace. This may help them troubleshoot problems and achieve success quickly. When choosing a solution, think about the goals of your project and company, then pick a solution that aligns with these goals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Strive to inspire a shared vision among colleagues so that everyone is working toward a common goal. When it comes time to make a decision, be confident in your ability to guide team members toward the proper outcome. This confidence can help inspire a team to follow your leadership.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">5. Set an example</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As a leader, you have a greater deal of accountability than the individuals on your team. Your primary goal as a manager is to set an example. Be the kind of leader you would follow yourself. For example, if you want your colleagues to be on time, be punctual yourself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">6. Encourage communication</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Part of building trust in the workplace is establishing an environment where team members can take risks and comfortably express their ideas, concerns or opinions. Here are a few ways to promote an open environment for two-way feedback:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Encourage feedback.&nbsp;</strong>Encourage individuals to ask questions, recommend ways to solve problems and discuss concerns. Let them express their opinions on company policies or decisions.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Reward outstanding individuals.&nbsp;</strong>Mention or reward team members who\'ve achieved significant progress toward the organizational goals or shared useful feedback with the company.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Promote respect for varied opinions. </strong>Encourage all team members, including senior leaders and management, to respect the opinions or perceptions of their colleagues.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">7. Learn about your team</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Taking time to learn about your team and to help the team learn about each other, can help improve communication and mutual respect. As a leader, learning about your peers and understanding their individual personalities, goals and work styles can also help you develop better strategies for management. You can also use what you learn to establish an environment every team member feels like you listen to them and care for their wellbeing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">8. Provide constructive feedback</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Constructive criticism can have a positive effect on a team member\'s professional growth. When you provide feedback, be specific. Clearly explain how team members can change their behavior to better align with your expectations. Maintain a friendly and respectful tone and restate the individual\'s value to the company. You can also tell them that you\'re providing this feedback because you want to see them grow and succeed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">9. Know when to delegate tasks</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As an effective leader, know when to delegate assignments and when to complete them yourself. Assigning tasks in this way can help you focus on the most important tasks you have yet to complete.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Before you delegate a task, consider the following:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Other team members who have the skills or information to complete the assignment</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If the assignment provides an opportunity to build and improve an individual\'s skill set</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Is this a recurring task</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If there\'s enough time to delegate the assignment efficiently</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Reasons you shouldn\'t delegate this task</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">10. Give without expecting something in return</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Effective leaders may adopt a servant-leadership mindset. This involves refocusing your mind on giving without expecting something in return. Leaders who give naturally see potential and abundance in those around them, so developing this mindset might help you succeed in encouraging the development of your peers. You may also share knowledge and offer support generously.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">11. Know your own limits</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Even the kindest and most caring leaders have boundaries and limits. When you have firm boundaries as a leader, you can earn the respect of your colleagues or team members. Knowing your strengths and limitations can help you delegate tasks that are better suited to other team members.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>When you set limits or clear boundaries with team members, put your communication skills into practice to explain what you need that can help you be successful. Also, be sure to respect the boundaries and limits of others.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">12. Keep learning</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Successful leaders often know that there\'s always something new to learn. Many team members respect leaders that can admit when they don\'t have the right answer and are eager to learn new things. These leaders are willing to let their teams teach them something new and look for professional development opportunities for themselves, such as taking a course or attending networking events.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">13. Trust your team members</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When you trust the individuals on your team and let them do their job without interfering, you can increase their productivity and boost their morale. You can also build their confidence and improve their work performance. You can demonstrate your trust in your team by allowing them independence in some aspects of their work.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">14. Encourage productive meetings</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Time is a valuable resource, so use it wisely. As an effective leader, you can encourage productive meetings by:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Staying on task and keeping discussions focused</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Planning ahead to get as much as possible out of a short time</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Brainstorming creative productivity ideas or strategies with your team</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">15. Learn from your mistakes</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Learning from past mistakes can help you determine better techniques for achieving your goals. It can also be a great way to lead by example and show your team that mistakes can be useful. When you make a mistake, engage your positive leadership mindset and consider it an opportunity for future improvement and growth.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">16. Be passionate</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many effective leaders are passionate and give their best effort. When your team sees your engagement and motivation, it can encourage them to offer the same enthusiasm at work. This practice can increase productivity and enhance morale.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">17. Compliment and recognize team members</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Recognize the good work and strong efforts your team put into their job. Recognition can include compliments and awards. This acknowledgment can make team members feel loved and appreciated, which can increase their job satisfaction and engagement. Providing recognition for top performers can also motivate other individuals to work hard.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">18. Create a fun work environment</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Establish a fun work environment where team members can relax. To do this, schedule trips or games for relaxation. Teams that have these kinds of activities on their work schedule may feel happier and more productive. A fun work environment can build a strong rapport among your team members, allowing them to learn from and collaborate with each other.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">19. Focus on change</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>As a leader, help your peers understand the objectives and goals of the company and what they can do to help achieve those goals. Once they know what changes the company is trying to achieve, they may be more enthusiastic about doing work that can contribute to its success. In this way, focus on the company\'s overall vision and have the desire to bring about change.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">20. Promote diversity</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Effective leaders often welcome diversity and enhance the strengths that it can confer in a company. A diverse workforce that includes a wide range of personalities and backgrounds may generate new ideas and innovation, which can increase the likelihood of success. Diversity can also be a key to business accomplishments like growth and profit. As a leader, recognize the value of diversity and strive to build teams that embrace it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">21. Help to develop future leaders</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Part of being an effective leader is ensuring there\'s someone else who can take over your position when necessary. Your company can benefit from creating a plan that leaves no time gap between supervisors. This means training other team members on how to perform your duties. Having trustworthy, competent team members who can take on your role ensures the company can maintain its productivity in your absence.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Why is leadership advice beneficial?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Seeking advice can help you become an effective leader and make wise decisions. Specifically, seeking out new leadership knowledge and advice can help you:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Develop better solutions to problems than you would on your own</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Add nuance and perspective to your thinking</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Overcome self-serving rationales and cognitive biases</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Experience inspiration as a leader, motivating you to create the changes you want to see in the workplace</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.indeed.com/career-advice/career-development/leadership-advice\">here.</a></p>\n<!-- /wp:paragraph -->','Leadership Advice: 21 Tips for Becoming an Effective Leader','','inherit','closed','closed','','3643-revision-v1','','','2023-11-22 19:02:10','2023-11-22 19:02:10','',3643,'https://smartinsurance.tips/?p=3645',0,'revision','',0),(3646,1,'2023-11-22 19:05:39','2023-11-22 19:05:39','<!-- wp:paragraph -->\n<p>They’re bland, they’re soothing, and they’re easy on your stomach.</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\":3647,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-40-1024x1024.png\" alt=\"\" class=\"wp-image-3647\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>We’ve all been there before: You’re feeling nauseous (maybe from a stomach bug, stress, or new medication, just to name a few common causes) and the thought of eating makes you sick. At the same time, you’re hungry because you haven’t eaten and can’t keep anything down. It’s a frustrating dilemma, to say the least—but when you just need <em>something</em> for sustenance, what should you eat?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-2\">What to Eat When Nauseous</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-3\">The B.R.A.T. diet might come to mind first—maybe a parent or grandparent used to swear by it when you were growing up. According to Marissa Meshulam, MS, RD, CDN, registered dietitian and founder of MPM Nutrition, the B.R.A.T. diet (which consists of eating only bananas, rice, applesauce, and toast) is a classic eating plan for easing nausea, but it’s now considered to be outdated. The idea was that these foods are bland and relatively low in fiber, making them gentle on your gut. Plus, they contain certain starches that reduce loose stool and diarrhea, which often accompany nausea. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">But as Meshulam points out, the B.R.A.T. diet is nutritionally inadequate due to its low protein content, so it’s not exactly filling or sustainable. It also doesn’t rehydrate the body, which is key for G.I. episodes like nausea or diarrhea, she adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">This doesn’t mean bananas, rice, applesauce, or toast should be avoided when you’re feeling woozy.—in fact, they’re all included in the list below! However, the best diet for nausea isn’t limited to these foods, as whatever you eat (and can keep down) should provide a boost of hydration and protein, too, if possible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">In general, the best foods for nausea are simple, dry, and/or fairly bland. It’s also ideal to eat small meals rather than large ones, according to Meshulam. Smaller meals are gentler on the stomach so are less likely to exacerbate nausea.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-11\">Below, dietitians share what to eat when you’re nauseous. Some of these foods boast natural anti-nausea effects, while others are gentle, digestible sources of sustenance you can hopefully stomach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-13\">Protein Options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-14\">Plain Chicken</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-15\">Plain chicken (i.e. chicken without seasonings or sauce) is an excellent choice for when you’re hungry, yet nauseous. For starters, the bland flavor will be gentle on the stomach, making it easy to keep down. “Plus, chicken is a lean protein source, meaning it doesn’t have fiber or a lot of fat, both of which can trigger gastrointestinal distress,” Meshulamexplains. The high protein content will also increase satiety, which can help reduce annoying hunger pangs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">When cooking chicken for nausea, Meshulam says it’s ideal to boil, poach, grill, or bake it. Again, skip the spices and added fat (like butter), which can further worsen nausea. Alternatively, if solid foods aren’t sitting well with you, sip on warm chicken broth for nourishment and hydration, Meshulam says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-19\">Hard-Boiled Eggs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">Sometimes the smell of peeling hard-boiled eggs can be a turnoff, especially if you’re already queasy. But once the shell is off, they’re actually quite plain-tasting and unoffensive! (If you have someone with you who can prep them for you, that will definitely help.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Like plain chicken, hard-boiled eggs are easy on the stomach thanks to their fairly bland taste, says Kristen Carli, MS, RD, registered dietitian and founder of Camelback Nutrition and Wellness. “Eggs are [also] a rich source of high-quality protein, which is essential for maintaining energy levels and overall nutrition, especially when you’re feeling nauseous and may not be eating much,” she adds. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">Not a fan of hard-boiled eggs? Soft-boiled, scrambled, and poached eggs are great alternatives, Carli notes. Avoid crispy fried eggs, she adds, as the high fat content of the oil can worsen an upset stomach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-26\">Grain Options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">Rice</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Thanks to its bland flavor profile and satiating carbs, plain white or brown rice is a good option for when you’re feeling woozy. You can cook the rice with water or chicken bone broth, the latter of which offers some protein and electrolytes. And if you’re particularly hungry? Try combining rice with plain chicken or an egg, so long as your stomach is up to it, Meshulam says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-30\">Toast</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">When you’re totally stuck on what to eat for nausea, look no further than a simple slice of toast. According to Carli, toast typically contains minimal fat, so it won’t stimulate the production of excess stomach acid or bile (which would otherwise worsen nausea).&nbsp; Instead, it’s bland and digestible, making it a good food to eat when you’re queasy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">But take note: This isn’t the time to make a decked-out avocado toast (unless you’re really craving it and know it will make you feel better). Carli suggests avoiding high-fat, spicy, or overly flavorful toppings, as such ingredients can irritate the gastrointestinal lining and trigger more nausea. To play it safe, eat toast plain or add a simple high-protein ingredient, like nut butter or hard-boiled eggs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-35\">Soothing Teas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-36\">Ginger tea&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-37\">The next time you’re feeling nauseous, sip on a cup of hot ginger tea. Aside from providing hydration, the beverage can help ease stomach woes. “Ginger contains bioactive compounds, such as gingerol and zingerone, which directly stimulate the production of digestive enzymes in the pancreas,” Carli explains. This helps break down nutrients and supports overall digestion, making it easier to stomach food. What’s more, the compounds in ginger, Carli shares, “have anti-inflammatory effects, which may reduce the inflammation that’s causing nausea.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">Peppermint tea</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If ginger tea isn’t your thing, try peppermint tea. Peppermint has a calming effect on the body, making it ideal for easing nausea and stomach upset. Even the smell of peppermint tea has anti-nausea effects, so don’t hesitate to take a deep whiff before sipping.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-42\">Fruit Options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-43\">Applesauce</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-44\">“Applesauce is another bland food, making it well-tolerated [for nausea],” Meshulam says. Specifically, applesauce contains pectin, a soluble fiber that can alleviate diarrhea by firming up stool. Plain, unsweetened applesauce is your best bet, as cinnamon (a common ingredient in applesauce) has a strong flavor that might be unappealing when you’re not feeling well, notes Meshulam. Likewise, “skip [applesauce with] added sugar, as sugary foods can worsen nausea and draw water in the gut, exacerbating diarrhea,” she adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-46\">Bananas</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-47\">“Bananas are easy to digest, and their texture is typically soft and smooth. This makes them less likely to irritate the stomach lining, which can be sensitive during bouts of nausea,” Carli says. When it’s not overripe, this fruit also has a somewhat neutral taste, she notes—so it’s less likely to be offensive and worsen nausea than foods with stronger flavors. Even the fiber in bananas can lend a hand, as it will increase the feeling of fullness and reduce hunger, according to Carli.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.realsimple.com/what-to-eat-when-nauseous-8364810\">here.</a></p>\n<!-- /wp:paragraph -->','The Best Foods to Try to Eat if You’re Nauseous, According to Registered Dietitians','','publish','closed','closed','','the-best-foods-to-try-to-eat-if-youre-nauseous-according-to-registered-dietitians','','','2023-11-22 19:05:39','2023-11-22 19:05:39','',0,'https://smartinsurance.tips/?p=3646',0,'post','',0),(3647,1,'2023-11-22 19:04:06','2023-11-22 19:04:06','','Untitled-40','','inherit','closed','closed','','untitled-40','','','2023-11-22 19:04:06','2023-11-22 19:04:06','',3646,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-40.png',0,'attachment','image/png',0),(3648,1,'2023-11-22 19:05:39','2023-11-22 19:05:39','<!-- wp:paragraph -->\n<p>They’re bland, they’re soothing, and they’re easy on your stomach.</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\":3647,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-40-1024x1024.png\" alt=\"\" class=\"wp-image-3647\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p>We’ve all been there before: You’re feeling nauseous (maybe from a stomach bug, stress, or new medication, just to name a few common causes) and the thought of eating makes you sick. At the same time, you’re hungry because you haven’t eaten and can’t keep anything down. It’s a frustrating dilemma, to say the least—but when you just need <em>something</em> for sustenance, what should you eat?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-2\">What to Eat When Nauseous</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-3\">The B.R.A.T. diet might come to mind first—maybe a parent or grandparent used to swear by it when you were growing up. According to Marissa Meshulam, MS, RD, CDN, registered dietitian and founder of MPM Nutrition, the B.R.A.T. diet (which consists of eating only bananas, rice, applesauce, and toast) is a classic eating plan for easing nausea, but it’s now considered to be outdated. The idea was that these foods are bland and relatively low in fiber, making them gentle on your gut. Plus, they contain certain starches that reduce loose stool and diarrhea, which often accompany nausea. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-5\">But as Meshulam points out, the B.R.A.T. diet is nutritionally inadequate due to its low protein content, so it’s not exactly filling or sustainable. It also doesn’t rehydrate the body, which is key for G.I. episodes like nausea or diarrhea, she adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-7\">This doesn’t mean bananas, rice, applesauce, or toast should be avoided when you’re feeling woozy.—in fact, they’re all included in the list below! However, the best diet for nausea isn’t limited to these foods, as whatever you eat (and can keep down) should provide a boost of hydration and protein, too, if possible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-9\">In general, the best foods for nausea are simple, dry, and/or fairly bland. It’s also ideal to eat small meals rather than large ones, according to Meshulam. Smaller meals are gentler on the stomach so are less likely to exacerbate nausea.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-11\">Below, dietitians share what to eat when you’re nauseous. Some of these foods boast natural anti-nausea effects, while others are gentle, digestible sources of sustenance you can hopefully stomach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-13\">Protein Options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-14\">Plain Chicken</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-15\">Plain chicken (i.e. chicken without seasonings or sauce) is an excellent choice for when you’re hungry, yet nauseous. For starters, the bland flavor will be gentle on the stomach, making it easy to keep down. “Plus, chicken is a lean protein source, meaning it doesn’t have fiber or a lot of fat, both of which can trigger gastrointestinal distress,” Meshulamexplains. The high protein content will also increase satiety, which can help reduce annoying hunger pangs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-17\">When cooking chicken for nausea, Meshulam says it’s ideal to boil, poach, grill, or bake it. Again, skip the spices and added fat (like butter), which can further worsen nausea. Alternatively, if solid foods aren’t sitting well with you, sip on warm chicken broth for nourishment and hydration, Meshulam says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-19\">Hard-Boiled Eggs</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">Sometimes the smell of peeling hard-boiled eggs can be a turnoff, especially if you’re already queasy. But once the shell is off, they’re actually quite plain-tasting and unoffensive! (If you have someone with you who can prep them for you, that will definitely help.)</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Like plain chicken, hard-boiled eggs are easy on the stomach thanks to their fairly bland taste, says Kristen Carli, MS, RD, registered dietitian and founder of Camelback Nutrition and Wellness. “Eggs are [also] a rich source of high-quality protein, which is essential for maintaining energy levels and overall nutrition, especially when you’re feeling nauseous and may not be eating much,” she adds. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">Not a fan of hard-boiled eggs? Soft-boiled, scrambled, and poached eggs are great alternatives, Carli notes. Avoid crispy fried eggs, she adds, as the high fat content of the oil can worsen an upset stomach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-26\">Grain Options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-27\">Rice</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Thanks to its bland flavor profile and satiating carbs, plain white or brown rice is a good option for when you’re feeling woozy. You can cook the rice with water or chicken bone broth, the latter of which offers some protein and electrolytes. And if you’re particularly hungry? Try combining rice with plain chicken or an egg, so long as your stomach is up to it, Meshulam says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-30\">Toast</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">When you’re totally stuck on what to eat for nausea, look no further than a simple slice of toast. According to Carli, toast typically contains minimal fat, so it won’t stimulate the production of excess stomach acid or bile (which would otherwise worsen nausea).&nbsp; Instead, it’s bland and digestible, making it a good food to eat when you’re queasy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">But take note: This isn’t the time to make a decked-out avocado toast (unless you’re really craving it and know it will make you feel better). Carli suggests avoiding high-fat, spicy, or overly flavorful toppings, as such ingredients can irritate the gastrointestinal lining and trigger more nausea. To play it safe, eat toast plain or add a simple high-protein ingredient, like nut butter or hard-boiled eggs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-35\">Soothing Teas</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-36\">Ginger tea&nbsp;</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-37\">The next time you’re feeling nauseous, sip on a cup of hot ginger tea. Aside from providing hydration, the beverage can help ease stomach woes. “Ginger contains bioactive compounds, such as gingerol and zingerone, which directly stimulate the production of digestive enzymes in the pancreas,” Carli explains. This helps break down nutrients and supports overall digestion, making it easier to stomach food. What’s more, the compounds in ginger, Carli shares, “have anti-inflammatory effects, which may reduce the inflammation that’s causing nausea.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-39\">Peppermint tea</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If ginger tea isn’t your thing, try peppermint tea. Peppermint has a calming effect on the body, making it ideal for easing nausea and stomach upset. Even the smell of peppermint tea has anti-nausea effects, so don’t hesitate to take a deep whiff before sipping.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-42\">Fruit Options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-43\">Applesauce</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-44\">“Applesauce is another bland food, making it well-tolerated [for nausea],” Meshulam says. Specifically, applesauce contains pectin, a soluble fiber that can alleviate diarrhea by firming up stool. Plain, unsweetened applesauce is your best bet, as cinnamon (a common ingredient in applesauce) has a strong flavor that might be unappealing when you’re not feeling well, notes Meshulam. Likewise, “skip [applesauce with] added sugar, as sugary foods can worsen nausea and draw water in the gut, exacerbating diarrhea,” she adds.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-46\">Bananas</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-47\">“Bananas are easy to digest, and their texture is typically soft and smooth. This makes them less likely to irritate the stomach lining, which can be sensitive during bouts of nausea,” Carli says. When it’s not overripe, this fruit also has a somewhat neutral taste, she notes—so it’s less likely to be offensive and worsen nausea than foods with stronger flavors. Even the fiber in bananas can lend a hand, as it will increase the feeling of fullness and reduce hunger, according to Carli.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.realsimple.com/what-to-eat-when-nauseous-8364810\">here.</a></p>\n<!-- /wp:paragraph -->','The Best Foods to Try to Eat if You’re Nauseous, According to Registered Dietitians','','inherit','closed','closed','','3646-revision-v1','','','2023-11-22 19:05:39','2023-11-22 19:05:39','',3646,'https://smartinsurance.tips/?p=3648',0,'revision','',0),(3649,1,'2023-11-22 21:28:12','2023-11-22 21:28:12','<!-- wp:paragraph -->\n<p>Only If You Have the Right Coverage in Place.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3650,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-43-1024x1024.png\" alt=\"\" class=\"wp-image-3650\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Perhaps you need a car while yours is in the shop after a traffic accident. Or maybe you need a rental car to drive while a mechanic repairs your clunking transmission. You might unexpectedly need to rent a car for a number of reasons, but most basic auto insurance policies won’t cover the cost, even after a covered accident.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">However, you can often add rental car reimbursement coverage to an existing auto insurance policy. It won’t cover rental car costs in all circumstances, but it might offer enough of a benefit to be worth the fairly minimal extra cost. We’ll review when your car insurance might cover the cost of renting a car, plus the difference between rental car insurance and rental car reimbursement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Rental car insurance is typically offered by rental car agencies and covers the rental car during the term of your rental.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rental car reimbursement coverage is an optional add-on to your car insurance policy that helps pay for a car rental if your vehicle needs repairs after a covered loss.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Some mechanical breakdown insurance policies provide a rental car allowance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your personal auto insurance policy may provide all the protection you need when renting a vehicle, but it’s important to read the fine print.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-5\">Rental Car Insurance vs. Rental Car Reimbursement</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-6\">Rental car insurance and rental car reimbursement coverage might sound similar, but they’re different types of protection. Rental car insurance covers a rented vehicle. For example, if you rent a car while on vacation, you might elect to purchase the rental car insurance offered by the rental agency. Typically, rental car insurance offers several types of protection, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-8\"><!-- wp:list-item -->\n<li>Liability coverage to cover the cost of losses you cause to another person or their property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Personal accident insurance to pay your medical costs following a covered accident.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Personal effects coverage to cover personal belongings stolen from your rental automobile.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Loss-damage waiver coverage to cover damage to the rental vehicle.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Rental car reimbursement coverage is an optional coverage you can add to your standard auto insurance policy as an endorsement or rider. If your personal vehicle sustains damage in a covered accident, this coverage pays the costs of renting a car while yours is repaired.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Rental car reimbursement coverage is usually very affordable. According to some insurers, a full year of coverage could cost less than the cost to rent a car for a single day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-13\">When Does Insurance Cover the Costs of a Rental?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">If another driver is at fault for an accident that damages your vehicle, their property damage liability coverage should pay for you to rent a car while yours is in the shop. However, the insurance company may limit the length of time it will pay for the rental. It takes an average of two weeks to repair a vehicle damaged in an accident, according to research from Enterprise.<sup>2</sup>&nbsp;The insurer isn’t required to provide you with a rental vehicle if yours is totaled, but some do as a courtesy.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-16\">If you carry a rental car reimbursement endorsement on your auto insurance policy, it should pay the costs of renting a car after a covered accident. However, this coverage comes with a few caveats:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-18\"><!-- wp:list-item -->\n<li>Carriers typically only offer rental car reimbursement endorsements if you purchase collision and comprehensive coverages.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rental car reimbursement coverage has limits. For instance, your coverage may provide $30 per day for up to 30 days. Some providers include both day and claim limits, such as $25 per day up to $750 per claim. If your rental costs exceed those limits, you’ll pay for them yourself.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Although rental car reimbursement coverage typically doesn’t have a deductible, you may have to pay the collision or comprehensive deductible for the covered damage.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">Mechanical breakdown insurance (MBI) policies sometimes provide an allowance to pay for a rental car when your personal vehicle is in the shop for a covered repair. Some insurers offer MBI as an add-on to standard auto policies, and some credit unions offer the coverage when you take out a loan for an automobile. You can also buy an MBI policy from companies that specialize in this type of auto protection.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">When You Have to Pay for a Rental Car Yourself</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">If your car breaks down and you don’t have mechanical breakdown insurance, you’ll have to foot the bill for a rental car. Likewise, if you’re at fault for an accident, your collision coverage probably won’t cover one. After all, that’s why insurance companies offer rental car reimbursement coverage. And of course, when you’re renting a car while on vacation, you’ll have to cover the costs yourself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-25\">Do I Need to Insure My Rental Car?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">Your personal car insurance policy might extend coverage to a rental car. Standard auto insurance policies offer bodily injury and property damage coverages, which help pay another driver’s medical expenses and vehicle repair costs when you’re at fault for an accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Your collision and comprehensive coverages may pay for damages to a rental automobile or pay to replace it if it’s stolen. Your homeowners policy might cover items stolen from a rental car, and your auto policy’s medical payments coverage might provide the same protection as the rental agency’s personal accident insurance. Your credit card might even offer rental car coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Before renting a car, read the fine print on your policies and speak with your agent to learn what your personal auto and home insurance will and won’t cover.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">Even if your personal car insurance policy covers a rental vehicle, purchasing insurance at the rental agency desk might make sense. Rental car coverage may have a lower deductible than your personal auto policy—or no deductible at all.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">If that’s the case, buying rental car insurance may allow you to walk away without additional costs if you have an accident. It can also help you avoid filing a claim against your personal policy and can provide better protection if your car policy only provides state-mandated minimum liability limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-35\">Frequently Asked Questions (FAQs)</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What does rental car insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Typically, rental car agencies offer liability, loss damage waiver, personal accident, and personal effects coverages. These coverages generally correspond with the bodily injury liability, property damage liability, collision, comprehensive, medical payments, or personal injury protection coverages of a personal auto insurance policy. Usually, you can choose which rental car insurance coverages you want. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Which credit cards cover car rental insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many credit cards offer some level of insurance coverage for rental cars. Before renting a vehicle, check with your credit card company to learn what your card does and doesn’t cover. The level of coverage offered can vary widely by the type of credit card you carry and the bank that issues it. Typically, credit cards only offer secondary coverage, which means the credit card coverage will only kick in after you’ve exhausted the coverage of your personal auto insurance policy or rental car insurance.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How old do you have to be to drive a rental car?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Age restrictions vary by rental car agency. Some allow drivers as young as 18 to rent a car, while others only rent to people 21 or older. Age restrictions can also vary by state. Some companies require drivers under age 25 to pay a surcharge, which can cost $25 or more per day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much car insurance do I need?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>State laws mandate minimum levels of bodily injury liability and property damage liability coverages. However, most minimum requirements don’t provide enough coverage to protect your assets. Financial experts often recommend carrying at least $100,000 in bodily injury coverage per person, $300,000 in bodily injury coverage per accident, and $100,000 in property damage coverage per accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your state may also require you to carry other types of coverages, such as medical payments, personal injury protection, and uninsured/underinsured motorist coverages. If you finance or lease an automobile, you may also need to purchase collision and comprehensive coverages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.thebalancemoney.com/if-my-car-breaks-down-will-insurance-cover-a-rental-5198055\">here.</a></p>\n<!-- /wp:paragraph -->','If My Car Breaks Down, Will Insurance Cover a Rental?','','publish','closed','closed','','if-my-car-breaks-down-will-insurance-cover-a-rental','','','2023-11-22 21:28:12','2023-11-22 21:28:12','',0,'https://smartinsurance.tips/?p=3649',0,'post','',0),(3650,1,'2023-11-22 21:25:59','2023-11-22 21:25:59','','Untitled-43','','inherit','closed','closed','','untitled-43','','','2023-11-22 21:25:59','2023-11-22 21:25:59','',3649,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-43.png',0,'attachment','image/png',0),(3651,1,'2023-11-22 21:28:12','2023-11-22 21:28:12','<!-- wp:paragraph -->\n<p>Only If You Have the Right Coverage in Place.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3650,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-43-1024x1024.png\" alt=\"\" class=\"wp-image-3650\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Perhaps you need a car while yours is in the shop after a traffic accident. Or maybe you need a rental car to drive while a mechanic repairs your clunking transmission. You might unexpectedly need to rent a car for a number of reasons, but most basic auto insurance policies won’t cover the cost, even after a covered accident.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">However, you can often add rental car reimbursement coverage to an existing auto insurance policy. It won’t cover rental car costs in all circumstances, but it might offer enough of a benefit to be worth the fairly minimal extra cost. We’ll review when your car insurance might cover the cost of renting a car, plus the difference between rental car insurance and rental car reimbursement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Rental car insurance is typically offered by rental car agencies and covers the rental car during the term of your rental.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rental car reimbursement coverage is an optional add-on to your car insurance policy that helps pay for a car rental if your vehicle needs repairs after a covered loss.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Some mechanical breakdown insurance policies provide a rental car allowance.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Your personal auto insurance policy may provide all the protection you need when renting a vehicle, but it’s important to read the fine print.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-5\">Rental Car Insurance vs. Rental Car Reimbursement</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-6\">Rental car insurance and rental car reimbursement coverage might sound similar, but they’re different types of protection. Rental car insurance covers a rented vehicle. For example, if you rent a car while on vacation, you might elect to purchase the rental car insurance offered by the rental agency. Typically, rental car insurance offers several types of protection, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-8\"><!-- wp:list-item -->\n<li>Liability coverage to cover the cost of losses you cause to another person or their property.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Personal accident insurance to pay your medical costs following a covered accident.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Personal effects coverage to cover personal belongings stolen from your rental automobile.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Loss-damage waiver coverage to cover damage to the rental vehicle.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p>Rental car reimbursement coverage is an optional coverage you can add to your standard auto insurance policy as an endorsement or rider. If your personal vehicle sustains damage in a covered accident, this coverage pays the costs of renting a car while yours is repaired.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Rental car reimbursement coverage is usually very affordable. According to some insurers, a full year of coverage could cost less than the cost to rent a car for a single day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-13\">When Does Insurance Cover the Costs of a Rental?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-14\">If another driver is at fault for an accident that damages your vehicle, their property damage liability coverage should pay for you to rent a car while yours is in the shop. However, the insurance company may limit the length of time it will pay for the rental. It takes an average of two weeks to repair a vehicle damaged in an accident, according to research from Enterprise.<sup>2</sup>&nbsp;The insurer isn’t required to provide you with a rental vehicle if yours is totaled, but some do as a courtesy.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-16\">If you carry a rental car reimbursement endorsement on your auto insurance policy, it should pay the costs of renting a car after a covered accident. However, this coverage comes with a few caveats:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-18\"><!-- wp:list-item -->\n<li>Carriers typically only offer rental car reimbursement endorsements if you purchase collision and comprehensive coverages.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Rental car reimbursement coverage has limits. For instance, your coverage may provide $30 per day for up to 30 days. Some providers include both day and claim limits, such as $25 per day up to $750 per claim. If your rental costs exceed those limits, you’ll pay for them yourself.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Although rental car reimbursement coverage typically doesn’t have a deductible, you may have to pay the collision or comprehensive deductible for the covered damage.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-20\">Mechanical breakdown insurance (MBI) policies sometimes provide an allowance to pay for a rental car when your personal vehicle is in the shop for a covered repair. Some insurers offer MBI as an add-on to standard auto policies, and some credit unions offer the coverage when you take out a loan for an automobile. You can also buy an MBI policy from companies that specialize in this type of auto protection.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-22\">When You Have to Pay for a Rental Car Yourself</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-23\">If your car breaks down and you don’t have mechanical breakdown insurance, you’ll have to foot the bill for a rental car. Likewise, if you’re at fault for an accident, your collision coverage probably won’t cover one. After all, that’s why insurance companies offer rental car reimbursement coverage. And of course, when you’re renting a car while on vacation, you’ll have to cover the costs yourself.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-25\">Do I Need to Insure My Rental Car?&nbsp;</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">Your personal car insurance policy might extend coverage to a rental car. Standard auto insurance policies offer bodily injury and property damage coverages, which help pay another driver’s medical expenses and vehicle repair costs when you’re at fault for an accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-28\">Your collision and comprehensive coverages may pay for damages to a rental automobile or pay to replace it if it’s stolen. Your homeowners policy might cover items stolen from a rental car, and your auto policy’s medical payments coverage might provide the same protection as the rental agency’s personal accident insurance. Your credit card might even offer rental car coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Before renting a car, read the fine print on your policies and speak with your agent to learn what your personal auto and home insurance will and won’t cover.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-31\">Even if your personal car insurance policy covers a rental vehicle, purchasing insurance at the rental agency desk might make sense. Rental car coverage may have a lower deductible than your personal auto policy—or no deductible at all.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-33\">If that’s the case, buying rental car insurance may allow you to walk away without additional costs if you have an accident. It can also help you avoid filing a claim against your personal policy and can provide better protection if your car policy only provides state-mandated minimum liability limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-35\">Frequently Asked Questions (FAQs)</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">What does rental car insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Typically, rental car agencies offer liability, loss damage waiver, personal accident, and personal effects coverages. These coverages generally correspond with the bodily injury liability, property damage liability, collision, comprehensive, medical payments, or personal injury protection coverages of a personal auto insurance policy. Usually, you can choose which rental car insurance coverages you want. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Which credit cards cover car rental insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Many credit cards offer some level of insurance coverage for rental cars. Before renting a vehicle, check with your credit card company to learn what your card does and doesn’t cover. The level of coverage offered can vary widely by the type of credit card you carry and the bank that issues it. Typically, credit cards only offer secondary coverage, which means the credit card coverage will only kick in after you’ve exhausted the coverage of your personal auto insurance policy or rental car insurance.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How old do you have to be to drive a rental car?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Age restrictions vary by rental car agency. Some allow drivers as young as 18 to rent a car, while others only rent to people 21 or older. Age restrictions can also vary by state. Some companies require drivers under age 25 to pay a surcharge, which can cost $25 or more per day.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How much car insurance do I need?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>State laws mandate minimum levels of bodily injury liability and property damage liability coverages. However, most minimum requirements don’t provide enough coverage to protect your assets. Financial experts often recommend carrying at least $100,000 in bodily injury coverage per person, $300,000 in bodily injury coverage per accident, and $100,000 in property damage coverage per accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Your state may also require you to carry other types of coverages, such as medical payments, personal injury protection, and uninsured/underinsured motorist coverages. If you finance or lease an automobile, you may also need to purchase collision and comprehensive coverages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.bankrate.com/insurance/homeowners-insurance/home-security-on-budget/\"> </a><a href=\"https://www.thebalancemoney.com/if-my-car-breaks-down-will-insurance-cover-a-rental-5198055\">here.</a></p>\n<!-- /wp:paragraph -->','If My Car Breaks Down, Will Insurance Cover a Rental?','','inherit','closed','closed','','3649-revision-v1','','','2023-11-22 21:28:12','2023-11-22 21:28:12','',3649,'https://smartinsurance.tips/?p=3651',0,'revision','',0),(3652,1,'2023-11-22 21:35:36','2023-11-22 21:35:36','<!-- wp:paragraph -->\n<p>If someone borrows my car, are they insured?</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\":3653,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-44-1024x1024.png\" alt=\"\" class=\"wp-image-3653\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0\">Say your best friend wants to borrow your car for a few hours to run errands while their car is in the shop. On one hand, they wouldn’t ask unless they really needed it—their cat’s out of food, or their brother needs a ride to work. On the other hand, they are a fast driver and have been in a fender-bender or two.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-2\">Before you hand over your keys, it’s a good idea to confirm how insurance applies if you let someone else drive your car. What happens if your friend crashes your car and hurts another driver? What if they get a ticket? Consider the answers before you let anyone else slide behind the wheel of your vehicle. It’s also wise to understand these potential issues before you drive anyone else’s car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">Key Takeaways</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>If someone else is driving your car and causes an accident, your insurance will likely cover initial damages to other drivers or property, as well as any damage to your own car, depending on the policy.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If someone else causes an accident-related claim while driving your car, your insurance rate may go up.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>If your insurance doesn’t cover the entire claim, the other driver’s policy may cover some liability and possibly some medical expenses.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Coverage may vary based on the insurance company and your state, so ask your insurer what’s covered before letting someone else borrow your car.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Before handing over the keys, ask your friend about their insurance coverage and whether they’d be willing to help pay for any damage if they cause an accident in your car.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-5\">Car Insurance Usually Follows the Vehicle</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-6\">In general, claims that arise from your car’s use—no matter who’s driving it—will likely first land with your insurance company, as long as the driver had your permission to drive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: How coverage applies may vary based on state law, your specific auto insurance policy, and the situation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-9\">Bodily Injury and Property Liability Insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-10\">If your friend, grandkid, or roommate borrows your car and injures someone else or damages their property, your auto insurance’s bodily injury liability or property liability coverage will generally step in to cover the claim. If the claim is higher than your coverage amount and the driver also has insurance, their coverage may make up the difference.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-12\">Comprehensive and Collision Coverage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-13\">Collision coverage pays the costs of accident-related damage to your vehicle, while comprehensive coverage applies to the costs of damage that isn’t collision-related, such as a bird hitting the windshield.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-15\">If you don’t have comprehensive or collision coverage and your friend borrows your car and damages it, your insurance company will not cover the costs of repairing the damage. Even if your friend has their own collision or comprehensive coverage, their policy likely won’t cover any damage to your vehicle. You may need to have a potentially awkward conversation with your friend about repairs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-17\">When the Driver’s Car Insurance Might Apply</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-18\">In some situations or states, specific portions of your friend’s insurance policy may step in to help cover costs that go beyond your policy’s limits or that aren’t covered by your policy. Think of the borrower’s coverage like a backup policy. For example, if the person borrowing your car causes more property damage than your car insurance covers, their insurance may step in to pay the remainder of a claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Whether or not—and how—coverage applies depends on the situation, insurer, state, and policy wording. Before borrowing someone else’s car or letting someone borrow yours, confirm your coverage with your insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-21\">PIP, Medical Payments, and Uninsured/Underinsured Motorist Coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-22\">Personal injury protection (PIP) insurance, medical payments coverage, and uninsured/uninsured motorist coverage vary greatly from state to state. Some states require certain types of coverage, such as PIP, other states allow drivers to decline certain optional coverages (like PIP insurance), and still more states don’t have any requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-24\">The differences between states and policies can make it extremely confusing to sort out financial responsibility when it comes to injuries resulting from a collision. For example, the driver’s PIP insurance might cover some medical expenses or other personal injury costs for the driver or passengers, depending on the state and policy. If the driver doesn’t have PIP but you (the car’s owner) do, your insurance may pay for injury costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-26\">Contact your insurer to learn more about your coverage for injuries and collisions with uninsured drivers, and how it applies to someone else borrowing your car. Ask anyone borrowing your car to check with their insurer, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-28\">When Your Insurance May Not Cover Someone Else’s Accident</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-29\">Your car insurance may not pay for any damages in specific situations. It’s essential to ask your insurance company about any exclusions, exceptions, or limitations before you hand over the keys to anyone who isn’t named in your policy. Exceptions can include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-31\"><!-- wp:list-item -->\n<li><strong>Lack of permission</strong>: If you didn’t give permission to the driver—whether they’re a friend, family member, or a thief—your insurance policy likely won’t cover damage or injury they cause to others.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Special situations</strong>: Some owner-only insurance policies cover the vehicle’s owner and no one else. Other policies allow you to exclude specific drivers from coverage, such as a household member with a suspended license. Several insurers may pay less for claims caused by non-owner drivers.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Non-valid license</strong>: If your friend lost their license and you allowed them to drive your car anyway, your insurance company could deny any resulting claim—and you could be held legally responsible.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Household members</strong>: If a family member isn’t on your insurance policy and causes an accident with your car, they may not be covered, depending on the insurance company.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Commercial activity</strong>: If your best friend borrows your car to offer rideshare services, your current policy may not cover that driving.</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-33\">What Happens if Someone Else Gets in an Accident With My Car?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-34\">Whose insurance pays for what depends on several factors, including:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul id=\"mntl-sc-block_1-0-36\"><!-- wp:list-item -->\n<li>Who is at fault</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>How many drivers were involved</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>The owner’s and driver’s insurance policies</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Type of damage or incident</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>State insurance laws</li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-38\">For example, say your friend borrows your car to run an errand. If they’re hit by another driver who’s found to be at fault for the accident, that driver’s insurance will likely pay for damage to your car and your friend’s injuries, depending on the state and how fault is assigned.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-40\">If your friend is at fault for an accident, your policy will likely pay up to its maximum limits for injury or damage caused. After the limits are exhausted, your friend’s insurance may step in to pay additional costs, or both of you could be sued for damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-42\">In another scenario, say your friend sideswipes a metal barrier and causes $1,500 in damage to your car. You carry collision insurance, which helps repair the deep scrape—but only if you pay your $500 deductible. Will your friend agree to pay the deductible, or avoid your calls?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: Before handing over the keys, show your friend where you keep your proof of insurance. In some states, their driver’s license could be suspended if they can’t show proof of insurance, even when borrowing a car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-45\">When an Accident Affects Your Rates</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-46\">If your babysitter or cousin borrows your car and gets into an accident, it will go on your insurance record. Filing a claim for the damage could raise your rates at your next renewal, although they may not increase if your friend was not at fault for the accident. Again, a lot depends on your insurer, policy wording, and state laws.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-48\">What About Tickets?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-49\">Tickets typically follow the driver, not the car. So if your friend gets a speeding ticket, it will typically affect only their driving record, not yours. In some places, violations issued by traffic cameras (such as red-light tickets) are the responsibility of the vehicle’s owner, not the driver, and may not go on anyone’s driving record.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: In some cities, you can contest a camera-generated citation or ticket if you weren’t driving your car. However, you may need to identify the driver, who will then be issued their own ticket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-52\">Should the Other Driver Still Have Insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-53\">In a best-case scenario, anyone borrowing your car has their own auto insurance policy. That coverage can help cover any liability costs that go beyond your insurance limits or, in some cases, any injuries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"mntl-sc-block_1-0-55\">If your friend doesn’t have insurance and is at fault for the accident, you or they could be sued to recover additional damages, which could place your assets (such as your savings or home) at risk. Non-owner insurance may be an option for people who regularly need to borrow cars.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Note: If you frequently loan your car to a particular person, such as a caregiver, ask your insurance company if that person should or could be added to your insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-58\">Frequently Asked Questions (FAQs)</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">My teenager let a friend borrow the car and had an accident. Who is liable?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Coverage is typically only extended to people with your verbal permission to drive your car. If your teen allows a friend to borrow your vehicle without your permission, you’ll need to consult with your insurer and a lawyer to determine whether you or your insurer are legally responsible for any accident-related claims.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">If my drunk friend asks me to drive their car, who is liable in an accident?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You will need to check with your insurer and possibly a lawyer about your situation, as there are many factors involved. Liability and coverage may depend on your state laws, insurers, policy terms, and more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.the-next-tech.com/security/how-to-protect-your-business-against-unforeseen-circumstances/\">click</a><a href=\"https://www.thebalancemoney.com/can-someone-else-drive-my-car-check-your-car-insurance-5270364\"> </a><a href=\"https://www.thebalancemoney.com/if-my-car-breaks-down-will-insurance-cover-a-rental-5198055\">here.</a></p>\n<!-- /wp:paragraph -->','What Happens if Someone Else Is Driving My Car and Gets Into an Accident?','','publish','closed','closed','','what-happens-if-someone-else-is-driving-my-car-and-gets-into-an-accident','','','2023-11-22 21:35:36','2023-11-22 21:35:36','',0,'https://smartinsurance.tips/?p=3652',0,'post','',0),(3653,1,'2023-11-22 21:30:07','2023-11-22 21:30:07','','Untitled-44','','inherit','closed','closed','','untitled-44','','','2023-11-22 21:30:07','2023-11-22 21:30:07','',3652,'http://smartinsurance.tips/wp-content/uploads/2023/11/Untitled-44.png',0,'attachment','image/png',0),