(3212,1,'2023-05-30 00:33:55','2023-05-30 00:33:55','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You don\'t have to have the title to act the part.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3211,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-9.png\" alt=\"\" class=\"wp-image-3211\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0\">We\'ve all been there: The assistant\'s assistant, the coffee-runner, the one that gets delegated the work no one else wants to do. No matter how far away a leadership position feels, it\'s never too early to start developing valuable leadership (even manager-level) skills to adopt early on in your career. That way you feel prepared and confident to step into the next opportunity, rather than the trial-by-fire approach.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_1-0-1\">During the early pandemic, I took on a leadership position unexpectedly. When my department finally hired a new director, I requested a promotion to manager because I had proven my leadership skills. And you know what? I got it. You never know when an opening will arise at your current company or your dream place of work. While \"girl boss\" terminology is <em>so</em> 2014, it\'s time to level up for more senior positions. We talked to career experts about how to start your path to leadership roles now.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0\">1. Foster a support network.</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-1\">Think of your career path as a team sport. \"The first question you should always ask yourself, should not be, \'How do I solve this problem?\' but, \'Who can help me?\'\" says Tiffany Dufu, author of <em>Drop the Ball: Achieving More by Doing Less</em>. \"Whether that\'s helping you get the promotion or succeeding in a project.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can also help manage your imposter syndrome better when you have people in your corner. Dufu likes to call these people her \"crew.\" A group you meet with regularly for emotional support and accountability.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Imposter syndrome happens when you\'re leveling up,\" Dufu said. \"Fear will tell us you\'re not prepared, or you don\'t belong here. During those times, the most powerful strategy is to have people you can share that with and who can affirm you.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Dufu\'s Pro Tip: Our family, friends and coworkers have a stake in the game. Have a crew where your decisions don\'t directly impact them. You can get their input without worrying how they feel about it—like the idea of moving for a job.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0-2\">2. Never stop meeting new people.</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-3\">You may have heard this as an intern: When you go out of your way to educate yourself, your eagerness to learn gets noticed. An easy way to do this is to schedule one-on-one meetings across the company at all levels. Take advantage of the current virtual work environment: Consider Zoom meetings with colleagues in different office locations or accessing an executive who isn\'t typically as visible in the office. Use this time to ask as many questions as possible</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Sydney Ramsden, a career enrichment coach, also says, \"Meet with people on your level and make connections over shared experiences. The meetings\' purpose is to give you exposure and for others to see you as someone willing to get their hands dirty.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0-4\">3. Be a team player—and have empathy.</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-5\">When you eventually become a leader, don\'t assume you should know all of the answers and try to figure it out on your own. Dufu suggests you do the opposite. Enable people on your team by communicating what\'s at stake and inviting them to brainstorm. \"You might not have the budget or staff to get from A to B, so enabling others will inspire trust to follow you,\" Dufu said. Up until you\'re a manager, you\'re a solo contributor, but once you become a leader it\'s all about achieving results through other people.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This also goes for decision-making. Effective leadership requires you to incorporate what your team, customers, supervisors, and public might feel. In regards to the importance of empathy as a leadership skill, Dufu refers to Maya Angelou\'s infamous quote, \"People will never forget how you made them feel.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Consider this when you\'re just starting too. Gain exposure and build relationships with teammates by offering a helping hand if you see a fire drill. They might not take it, but they see you as someone who jumps in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0-6\">4. Advocate for yourself (it\'s not bragging!)</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-7\">Leaders are where they are because they\'ve been recognized for success and have made their colleagues aware of it. \"Self-promotion is OK!\" Ramsden said. \"Be proud of your work. You have every right to express it.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The most natural place is to have a formal conversation with your manager about your growth, but you\'re not limited to just meetings. Talk about the projects you\'re involved in and the work you\'re excited about. Ramsden suggests volunteering to present the results of a business win to a larger group. While this may sound intimidating, remember you deserve recognition for what you\'ve accomplished.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And don\'t forget to lift up your teammates. Campaigning for yourself sets you up for upward mobility, but also remember to find ways to celebrate your teammates as much as you highlight your own work. An email shout-out goes a long way and sets you apart.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0-8\">5. Always round up your value.</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-9\">Now that you\'ve been working hard on these leadership skills, take chances when you have them. You most likely already have the tools and skills to get what you want—whether it\'s a promotion or job change—and you need to believe you\'re ready for it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You already have what you need to qualify, so don\'t bow out early. Dufu said. \"Have an appreciation for your worthiness and your value by rounding up.\" In other words—take the chances given to you whether you have two out of the eight qualifications or eight out of eight.</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.realsimple.com/work-life/life-strategies/job-career/develop-leadership-skills-at-any-level\">click here.</a></p>\n<!-- /wp:paragraph -->','How to Develop Important Leadership Skills, Even if You\'re Nowhere Near Senior Level','','inherit','closed','closed','','3210-revision-v1','','','2023-05-30 00:33:55','2023-05-30 00:33:55','',3210,'http://smartinsurance.tips/?p=3212',0,'revision','',0),(3213,1,'2023-05-30 00:39:22','2023-05-30 00:39:22','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yep, there’s a legitimate, scientific reason your computer makes you feel foggy, queasy, and dizzy. Here\'s what to do about it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3214,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-10.png\" alt=\"\" class=\"wp-image-3214\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re like most Americans, you\'re spending more hours on screens than ever before—and perhaps extremely sick of it. But for some people, excessive screen time isn\'t just a pain in the neck—it literally makes them feel sick. Screen activity, especially prolonged screen activity, can cause something called \"cybersickness,\" a phenomenon akin to motion sickness that results in very real feelings of nausea, bleariness, dizziness, and migraines. While cybersickness hits some individuals worse or more often than others and can seem impossible to avoid in this über-digital age, there are some helpful ways to curb screen use and tackle the very unpleasant sensation of feeling seasick at your desk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0\">1. What exactly is cybersickness?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-1\">Too much screen time isn\'t good for anybody, but for some individuals, being on screens for prolonged periods can cause cybersickness, which experts say is similar to motion sickness in several ways. You may feel nauseated, your head might start aching, and in some cases, you might even feel dizzy or foggy-brained. But really what\'s going on in your brain and body when it happens?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-2\">\"Cybersickness occurs when your brain receives messages that you\'re moving—for instance, by a flashing screen—when you are, in fact, still,\" explains Gillian Isaacs Russell, PhD, a psychotherapist in Boulder, Colo.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-3\">This is called visual vestibular conflict. One of the most familiar examples of visual vestibular conflict is if you feel sick while trying to read in the car as a passenger. While your eyes are focused on a stationary object, the rest of your body perceives movement (you are technically moving at the speed of the vehicle, even though you\'re sitting still in your seat).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-4\">\"As a result, this creates a type of confusion where your eyes sense one thing and your inner ear and body detect something else,\" says Christina Finn, OT, associate professor of occupational therapy at New York Institute of Technology in Long Island. When that kind of mixed messaging happens, you might feel nauseated or dizzy, especially if you\'re prone to motion sickness.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-5\">Similarly, screen time, especially those with moving images, can also create a type of visual vestibular conflict. \"In this case, your eyes may detect movement on the screen while your body remains stationary, setting up a conflict that can cause similar feelings of motion sickness,\" Finn says, adding that it doesn\'t take all day to hit you—this might occur after only one or two hours of screen use. Depending on the individual, symptoms can last anywhere from a few minutes to several hours.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-6\">There may be another culprit at play, and that\'s blue light, which emanates from screens. Researchers suggest that blue light exposure may disrupt sleep and recommend reducing screen time before bed, but the recommendation may also be connected to mitigating cybersickness. \"When people look at screens, some may experience it as nausea and dizziness associated with eye strain, which may be associated with blue light exposure,\" Finn says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-7\">While anybody can experience cybersickness, those who are most susceptible to it include people who have a history of migraines, anybody who\'s prone to motion sickness, and individuals with vestibular issues or a history of concussion, Finn says. Young children, older adults, and women (perhaps because of fluctuating hormone levels) are also susceptible to cybersickness.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0-9\">2. 3 Ways to Prevent It</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-10\">The obvious solution to cybersickness is to avoid screens, which is not only impossible, but improbable in today\'s society. So, the keys are to take preventive steps and make a realistic-for-you plan to limit screen time where possible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-11\"><strong>1. Reorient your brain and body often.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-12\">First, help remind your body where it is in space by getting up and walking around more frequently. Of course, health experts warn against the dangers of sitting too much, and researchers recommend getting up every 30 minutes which might be a wise idea to fend off cybersickness, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Your body will gain more information about its position in space, which reduces sensory conflict,\" Finn says. \"Sometimes, I refer to this as reminding your eyes that they have a body attached to them.\" You can also sit on an exercise ball or a more movable surface to give your brain even more information about where your body is in space.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-15\"><strong>2. Take active steps to prevent eye strain.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-16\">\"If you hold a dumbbell for 10 hours without a break, you can imagine the muscle will tire, your arm will hurt, and you won\'t be able to hold it up—which is what happens to the eyes,\" says Christopher Starr, MD, an ophthalmologist at Weill Cornell Medicine and New York-Presbyterian in New York City. Plus, when you stare at a screen, your blink rate decreases by about 50 percent, which causes the eyes to dry out. That can lead to eye strain, which worsens as the day goes on.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-17\">To minimize eye strain, Dr. Starr suggests following the 20-20-20-20 rule. Take a break from your screen every&nbsp;<strong>20 minutes</strong>&nbsp;and look into the&nbsp;<strong>distance 20 feet</strong>&nbsp;or further for&nbsp;<strong>20 seconds</strong>. Use the last 20 seconds to rewet and lubricate the eye surface by closing your eyes for 20 seconds or blinking 20 times in rapid succession.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-18\">You can also use preservative-free artificial tear drops if your eyes feel dry and place your computer screen below eye level. \"Looking down [slightly] can reduce dryness since the eyes aren\'t open as widely,\" Starr says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-19\"><strong>3. Minimize blue light exposure.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-20\">You should also reduce your blue light exposure wherever possible. Many devices have blue light filters built into them, Finn says. Check your phone and computer display settings to see if there\'s an option to reduce blue light or buy a filter for your screen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-21\">You might also want to buy an inexpensive pair of blue light glasses, which help filter out the blue light from screens, says Russel, who speaks from experience. She\'s suffered from migraines from long hours in front of a screen and now wears blue light glasses whenever she\'s on the computer, which she says have helped her immensely.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-22\">You\'ll never be able to ditch screens entirely, but with the above strategies and a little discipline, you can hopefully keep your cybersickness at bay.</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.realsimple.com/health/mind-mood/cybersickness\">click here.</a></p>\n<!-- /wp:paragraph -->','Cybersickness Is Real: The Scientific Reason Screens Make You Nauseous','','publish','closed','closed','','cybersickness-is-real-the-scientific-reason-screens-make-you-nauseous','','','2023-05-30 00:39:22','2023-05-30 00:39:22','',0,'http://smartinsurance.tips/?p=3213',0,'post','',0),(3214,1,'2023-05-30 00:35:00','2023-05-30 00:35:00','','My-project-1-10','','inherit','closed','closed','','my-project-1-10','','','2023-05-30 00:35:00','2023-05-30 00:35:00','',3213,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-10.png',0,'attachment','image/png',0);
INSERT INTO `smart_posts` VALUES (3215,1,'2023-05-30 00:39:22','2023-05-30 00:39:22','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yep, there’s a legitimate, scientific reason your computer makes you feel foggy, queasy, and dizzy. Here\'s what to do about it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3214,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-10.png\" alt=\"\" class=\"wp-image-3214\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re like most Americans, you\'re spending more hours on screens than ever before—and perhaps extremely sick of it. But for some people, excessive screen time isn\'t just a pain in the neck—it literally makes them feel sick. Screen activity, especially prolonged screen activity, can cause something called \"cybersickness,\" a phenomenon akin to motion sickness that results in very real feelings of nausea, bleariness, dizziness, and migraines. While cybersickness hits some individuals worse or more often than others and can seem impossible to avoid in this über-digital age, there are some helpful ways to curb screen use and tackle the very unpleasant sensation of feeling seasick at your desk.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0\">1. What exactly is cybersickness?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-1\">Too much screen time isn\'t good for anybody, but for some individuals, being on screens for prolonged periods can cause cybersickness, which experts say is similar to motion sickness in several ways. You may feel nauseated, your head might start aching, and in some cases, you might even feel dizzy or foggy-brained. But really what\'s going on in your brain and body when it happens?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-2\">\"Cybersickness occurs when your brain receives messages that you\'re moving—for instance, by a flashing screen—when you are, in fact, still,\" explains Gillian Isaacs Russell, PhD, a psychotherapist in Boulder, Colo.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-3\">This is called visual vestibular conflict. One of the most familiar examples of visual vestibular conflict is if you feel sick while trying to read in the car as a passenger. While your eyes are focused on a stationary object, the rest of your body perceives movement (you are technically moving at the speed of the vehicle, even though you\'re sitting still in your seat).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-4\">\"As a result, this creates a type of confusion where your eyes sense one thing and your inner ear and body detect something else,\" says Christina Finn, OT, associate professor of occupational therapy at New York Institute of Technology in Long Island. When that kind of mixed messaging happens, you might feel nauseated or dizzy, especially if you\'re prone to motion sickness.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-5\">Similarly, screen time, especially those with moving images, can also create a type of visual vestibular conflict. \"In this case, your eyes may detect movement on the screen while your body remains stationary, setting up a conflict that can cause similar feelings of motion sickness,\" Finn says, adding that it doesn\'t take all day to hit you—this might occur after only one or two hours of screen use. Depending on the individual, symptoms can last anywhere from a few minutes to several hours.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-6\">There may be another culprit at play, and that\'s blue light, which emanates from screens. Researchers suggest that blue light exposure may disrupt sleep and recommend reducing screen time before bed, but the recommendation may also be connected to mitigating cybersickness. \"When people look at screens, some may experience it as nausea and dizziness associated with eye strain, which may be associated with blue light exposure,\" Finn says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-7\">While anybody can experience cybersickness, those who are most susceptible to it include people who have a history of migraines, anybody who\'s prone to motion sickness, and individuals with vestibular issues or a history of concussion, Finn says. Young children, older adults, and women (perhaps because of fluctuating hormone levels) are also susceptible to cybersickness.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"mntl-sc-block_2-0-9\">2. 3 Ways to Prevent It</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-10\">The obvious solution to cybersickness is to avoid screens, which is not only impossible, but improbable in today\'s society. So, the keys are to take preventive steps and make a realistic-for-you plan to limit screen time where possible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-11\"><strong>1. Reorient your brain and body often.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-12\">First, help remind your body where it is in space by getting up and walking around more frequently. Of course, health experts warn against the dangers of sitting too much, and researchers recommend getting up every 30 minutes which might be a wise idea to fend off cybersickness, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Your body will gain more information about its position in space, which reduces sensory conflict,\" Finn says. \"Sometimes, I refer to this as reminding your eyes that they have a body attached to them.\" You can also sit on an exercise ball or a more movable surface to give your brain even more information about where your body is in space.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-15\"><strong>2. Take active steps to prevent eye strain.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-16\">\"If you hold a dumbbell for 10 hours without a break, you can imagine the muscle will tire, your arm will hurt, and you won\'t be able to hold it up—which is what happens to the eyes,\" says Christopher Starr, MD, an ophthalmologist at Weill Cornell Medicine and New York-Presbyterian in New York City. Plus, when you stare at a screen, your blink rate decreases by about 50 percent, which causes the eyes to dry out. That can lead to eye strain, which worsens as the day goes on.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-17\">To minimize eye strain, Dr. Starr suggests following the 20-20-20-20 rule. Take a break from your screen every&nbsp;<strong>20 minutes</strong>&nbsp;and look into the&nbsp;<strong>distance 20 feet</strong>&nbsp;or further for&nbsp;<strong>20 seconds</strong>. Use the last 20 seconds to rewet and lubricate the eye surface by closing your eyes for 20 seconds or blinking 20 times in rapid succession.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-18\">You can also use preservative-free artificial tear drops if your eyes feel dry and place your computer screen below eye level. \"Looking down [slightly] can reduce dryness since the eyes aren\'t open as widely,\" Starr says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-19\"><strong>3. Minimize blue light exposure.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-20\">You should also reduce your blue light exposure wherever possible. Many devices have blue light filters built into them, Finn says. Check your phone and computer display settings to see if there\'s an option to reduce blue light or buy a filter for your screen.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-21\">You might also want to buy an inexpensive pair of blue light glasses, which help filter out the blue light from screens, says Russel, who speaks from experience. She\'s suffered from migraines from long hours in front of a screen and now wears blue light glasses whenever she\'s on the computer, which she says have helped her immensely.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\" id=\"mntl-sc-block_2-0-22\">You\'ll never be able to ditch screens entirely, but with the above strategies and a little discipline, you can hopefully keep your cybersickness at bay.</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.realsimple.com/health/mind-mood/cybersickness\">click here.</a></p>\n<!-- /wp:paragraph -->','Cybersickness Is Real: The Scientific Reason Screens Make You Nauseous','','inherit','closed','closed','','3213-revision-v1','','','2023-05-30 00:39:22','2023-05-30 00:39:22','',3213,'http://smartinsurance.tips/?p=3215',0,'revision','',0),(3216,1,'2023-05-30 00:50:28','2023-05-30 00:50:28','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The rules have been updated. Here’s how to find out which new and used EVs may qualify for a tax credit of up to $7,500.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3217,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-11.png\" alt=\"\" class=\"wp-image-3217\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Treasury Department has released updated rules for electric car buyers—this time related to where EV battery components and minerals come from—that once again change which new electric cars may be eligible for a federal tax credit of up to $7,500. The Tesla Model 3 Performance is now the only Consumer Reports-recommended vehicle that is eligible for a full credit</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As of April 18, 2023, six vehicles will no longer be eligible for any credit, including the affordable Nissan Leaf (shown below), although it may be added back at a later date. Nine vehicles, including the Ford Mustang Mach-E and the least expensive version of the Tesla Model 3, will get only a partial credit of $3,750. The Chevrolet Bolt, Ford F-150 Lightning, and Tesla Model Y are among the 11 EVs eligible for a full $7,500 credit—and a base-model Bolt should cost just $19,995 after the tax credit and destination fee.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The changes are part of the Inflation Reduction Act of 2022. Designed to address climate change, healthcare, and taxes, the legislation also modifies how tax credits for certain new EV purchases are calculated. The provisions of the act went into effect in phases. Vehicles must be manufactured in North America and have an MSRP below $80,000 for an SUV or $55,000 for a sedan, wagon, or hatchback.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Beginning April 18, the full tax credit will be divided into two parts. To qualify for the first $3,750, at least 50 percent of a vehicle’s battery components must be produced or assembled in North America. To get the second $3,750, at least 40 percent of critical minerals used in the battery must be extracted or processed in the U.S. or in a country that is a U.S. free-trade agreement partner, or they must have been made from materials recycled in North America. These requirements will get stricter every year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Chris Harto, CR’s senior policy analyst for transportation and energy, says it’s no surprise that fewer cars qualify for a credit. “The requirements were going to be difficult for automakers to meet immediately,” he says, “but we expect this list to grow quite a bit in the coming months and years as automakers now have clear targets to hit to become eligible, and are working hard to qualify.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">None of these regulations apply to leased EVs and PHEVs, so potential buyers interested in an electric car or plug-in hybrid that isn’t eligible for a tax credit may want to consider leasing instead of purchasing.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In this article, Consumer Reports has details on how to maximize your savings, including using tools such as our Electric Vehicle Savings Finder to see which cars qualify. We’ve tested versions of many of the models; click through the model names below for road tests and ratings. Others on the list are either EVs that aren’t on sale yet or plug-in hybrid versions that we haven’t purchased for evaluation but have experienced in most cases. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Ultimately, the tax credit may determine just how much money you’ll save by going electric. We will continue to update this article as more vehicles are added to the list.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which New-Car Purchases Might Qualify for a Full EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The IRS says the manufacturers of the following EVs and PHEVs indicated that they’re currently eligible for a full tax credit of $7,500 provided other requirements are met, such as vehicle MSRP and buyer income, which are explained in detail later in this article:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Cadillac Lyriq (2023 and 2024 model years, MSRP $80,000 or below) </li><li>Chevrolet Bolt (2022 and 2023 model years, MSRP $55,000 or below)</li><li>Chevrolet Bolt EUV (2022 and 2023 model years, MSRP $55,000 or below)</li><li>Chevrolet Blazer (2024 model year, MSRP $80,000 or below) </li><li>Chevrolet Equinox (2024 model year, MSRP $80,000 or below)</li><li>Chevrolet Silverado EV (2024 model year, MSRP $80,000 or below) </li><li>Chrysler Pacifica PHEV (2022 and 2023 model years, MSRP $80,000 or below) </li><li>Ford F-150 Lightning (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Lincoln Aviator Grand Touring PHEV (MSRP $80,000 or below)</li><li>Tesla Model 3 Performance only (2022 and 2023 model years, MSRP $55,000 or below)</li><li>Tesla Model Y All-Wheel Drive, Long Range, and Performance (2022 and 2023 model years for All-Wheel Drive and Long Range, 2022 model year only for Performance, MSRP $80,000 or below)</li><li>Volkswagen ID.4 (2023 model year, MSRP $80,000 or below)</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a manufacturer uses different suppliers or assembly locations, some vehicles may qualify while others may not—even if they’re the same exact make and model. That’s the case for the Tesla Model 3, which qualifies for either a full or partial tax credit depending on how it’s equipped. Other vehicles may qualify in the future after automakers make changes to their battery and component suppliers, or if the U.S. signs free-trade agreements with more countries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Cars May Qualify Only for a Partial EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Treasury Department says the manufacturers of the following EVs and PHEVs indicated that they’re currently eligible for a partial tax credit of $3,750 if put into service on or after April 18, 2023, provided other requirements are met, such as vehicle MSRP and buyer income:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ford Escape PHEV (2022 and 2023 model years, MSRP $80,000 or below; may qualify for a partial tax credit of $6,843 due to battery size if put into service before April 18, 2023)</li><li>Ford E-Transit (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Ford Mustang Mach-E (2022 and 2023 model years, 2022 and 2023 model years, MSRP $80,000 or below)</li><li>Jeep Wrangler 4xe PHEV (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Jeep Grand Cherokee 4xe PHEV (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Lincoln Corsair Grand Touring PHEV (2022 and 2023 model years, MSRP $80,000 or below; may qualify for a partial tax credit of $6,843 due to battery size if put into service before April 18, 2023)</li><li>Rivian R1S (2023 model years, MSRP $80,000 or below)</li><li>Rivian R1T (2023 model years, MSRP $80,000 or below)</li><li>Tesla Model 3 standard range Rear-Wheel Drive only (2022 and 2023 model years, MSRP $55,000 or below)</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Cars No Longer Qualify for the EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">These vehicles no longer appear on the Treasury Department’s list of vehicles that qualify for the tax credit, although they appeared on prior lists. If these vehicles were put into service before April 18, 2023, owners may still qualify for a tax credit:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Audi Q5 TFSI e Quattro PHEV</li><li>BMW 330e sedan (may have qualified for partial credit up to $5,836 due to battery size if made in North America)</li><li>BMW X5 xDrive45e SUV</li><li>Genesis GV70 Electrified SUV</li><li>Nissan Leaf</li><li>Volvo S60 PHEV (may have qualified for partial credit of $5,419 due to battery size), Extended Range, and T8 Recharge</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Although the Volkswagen ID.4 wasn’t on the initial list, it now qualifies for a full tax credit. Nissan says it has not yet been able to certify that the Leaf meets new battery component and critical mineral requirements in time for the April 18 deadline. \"We are working closely with our suppliers and are hopeful that Leaf will qualify for at least partial credit in the future,\" a spokesperson for the automaker told CR.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">The Rules</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In order to qualify for a tax credit of up to $7,500, a new EV or eligible plug-in hybrid vehicle (PHEV) must meet certain rules:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• A vehicle’s MSRP must not exceed certain limits, so pricey EVs, such as the GMC Hummer EV, Lucid Air, and Tesla Model S and Model X, won’t qualify. For SUVs, pickup trucks, and vans, the threshold is $80,000. For sedans, hatchbacks, wagons, and other vehicles, the credit cuts off at $55,000. These limits are based on a vehicle’s MSRP, not on its sale price, so a heavily discounted luxury car would not qualify. In addition, this requirement may not apply to some leased vehicles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• Regardless of how a vehicle is advertised, whether it counts as an SUV, wagon, or hatchback is determined by the Environmental Protection Agency and listed on the window sticker. For example, the Ford Mustang Mach-E is listed as a small SUV, but the Chevrolet Bolt EUV is classified as a small station wagon.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• A vehicle must be assembled in North America, including Canada and Mexico, to qualify for any tax credit. This eliminates credits for vehicles assembled elsewhere, including the BMW i4, Hyundai Ioniq 5, Kia EV6, and Toyota bZ4X. (This requirement also may not apply to some leased vehicles.) It doesn’t matter if a vehicle comes from an Asian or European brand, only where it’s assembled.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">•&nbsp;To qualify for a full tax credit, at least 50 percent of a vehicle’s battery components must be produced or assembled in North America. In addition, at least 40 percent of critical minerals used in the battery must be extracted or processed in the U.S. or in a country that’s a U.S. free-trade agreement partner, or they must have been made from materials recycled in North America. The new rules will become stricter over time, with requirements increasing by 10 percent each year through 2027. By then, 90 percent of battery components and 80 percent of critical minerals will have to meet the guidelines.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• Car buyers must meet certain income guidelines. Households with an adjusted gross income up to $300,000 will still qualify for the new-car credit, while heads of household must earn below $225,000 and individual filers will qualify only with income below $150,000. This provision may not apply if a vehicle is leased.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">•&nbsp;PHEVs with a battery of at least 7 kWh may qualify for a tax credit as long as they meet all of the other requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• Starting on Dec. 31, 2023, vehicles with components from countries that have been designated “foreign entities of concern” will no longer be eligible for a tax credit. The list of countries with this designation has not yet been compiled.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• There’s no longer a 200,000 vehicle sales cap on tax credits that made EVs and plug-in hybrids from Tesla, GM, and Toyota ineligible under prior rules. Previously, once an automaker sold more than 200,000 qualifying vehicles, the credit began to phase out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Why Does the EV Tax Credit Keep Changing?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Treasury Department says that the new rules are aimed at moving EV manufacturing and sourcing away from China and to the U.S. and its free-trade partners, which include Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, South Korea, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, and Singapore. They also now include Japan, after it entered into a special minerals-focused trade agreement with the U.S., signed just before the new rules were released, and may expand to include countries in the European Union as well, Reuters reports. A 2022 analysis of the EV supply chain from the International Energy Agency shows that a vast majority of minerals, components, and battery cells are currently from China. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Although directives about battery and mineral sourcing are meant to incentivize manufacturing in the U.S., automakers and EV advocates have told Consumer Reports they’re concerned that the complexity of these rules may make it difficult for consumers to find a vehicle that qualifies for the credits or understand how much they’ll be eligible to claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Do You Know If the Car You Want Qualifies for the EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Buyers who are interested in the tax credit must do some research to see if the specific vehicle they’re considering qualifies. The IRS has a list of vehicle makes and models that automakers have certified as potentially qualifying for a credit, under penalty of perjury. There’s also a list at fueleconomy.gov.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">CR’s EV Incentive Finder can also tell you whether the model you’re interested in may be eligible for a federal tax credit, as well as state and local incentives that might save you thousands more. GM launched a website where people interested in buying a new EV from GM can see how much of a tax credit—if any—it’s eligible for. And the White House says that Google plans to create a search tool for EV tax credit eligibility as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Things may get easier in 2024. That’s when qualified dealerships will be able to offer the tax credit directly to buyers at the point of sale, so buyers won’t have to wait to claim the credit on their taxes. Until that provision goes into effect, buyers who don’t have a tax liability may be able to benefit from the tax credit on a lease.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What If You Have a Car on Order?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Cars that were ordered and paid for earlier this year or in 2022 but haven’t been delivered by April 18, 2023, will be subject to the new regulations on battery and critical mineral content. A White House spokesperson told CR that a car buyer would have to take possession of their vehicle before April 18, 2023, to qualify for the tax credits under the old rules.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Do Leased EVs Qualify for a Full Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There’s some good news if the car you want to purchase doesn’t qualify for a tax credit: A Treasury spokesperson told CR that most traditional leases would qualify for a $7,500 commercial credit that’s not subject to the myriad requirements that must be met to qualify for the consumer new-vehicle credit.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here’s how it works: In the case of a lease, the dealer would receive the commercial credit, not the person leasing the vehicle, and it would be up to the dealer to pass those savings on to the consumer, potentially by lowering the vehicle’s purchase price. If a dealer does pass the savings along, drivers could get a tax credit on a car made outside North America, such as the popular Hyundai Ioniq 5. High-income consumers and those who lease a high-cost EV, such as a Lucid Air or Tesla Model S or X, would also be able to enjoy the $7,500 credit as long as the dealer passes those savings along. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a buyer chooses to do this, however, they should make sure to double-check the dealership’s math. “Make sure to ask for an itemized bill of sale that shows where the tax credit has been applied,” says Gabe Shenhar, associate director of CR’s Auto Test Center. “And make sure the dealership doesn’t mark up the price of the car accordingly.”&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some automakers, including Hyundai, Lucid and Polestar, already factor a full $7,500 tax credit into the lease deals listed on their websites.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What About Used Cars?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For the first time, buyers of used EVs will get a tax credit, either $4,000 or 30 percent of the sale price of the vehicle—whichever is lower. But that’s only if they buy a car from a dealership, and only if the vehicle wasn’t previously resold after Aug. 16, 2022. In other words, a one-owner used car sold at an authorized dealership may be eligible for a tax credit, but a two-owner car won’t be. Neither will a one-owner car sold privately.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The income threshold is lower for used EV buyers: $150,000 for joint filers, $112,500 for a head of household, or $75,000 for an individual. But the rules about where the car was made or where the battery comes from don’t apply to used vehicles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Cars May Qualify Only for the New EV Tax Credit If Leased?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In addition to the nine vehicles listed above that will lose out on a tax credit starting April 18, 2023, because of battery and critical mineral requirements, these current and coming EVs (and two fuel-cell vehicles) aren’t made in North America and therefore probably won’t qualify for a tax credit if they are purchased, although that might change in the future if their assembly location changes. In addition, dealers may pass a tax credit on to consumers if the vehicle is leased instead of purchased.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Audi E-Tron</li><li>Fisker Ocean</li><li>Genesis GV60</li><li>Hyundai Ioniq 5</li><li>Hyundai Ioniq 6</li><li>Hyundai Kona Electric</li><li>Hyundai Nexo</li><li>Jaguar I-Pace</li><li>Kia EV6</li><li>Kia Niro Electric</li><li>Lexus RZ</li><li>Mazda MX-30</li><li>Mercedes-Benz EQB</li><li>Nissan Ariya </li><li>Polestar 2</li><li>Subaru Solterra</li><li>Toyota bZ4x</li><li>Toyota Mirai</li><li>Volvo C40</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Regardless of where they’re assembled, these vehicles have an MSRP that is too high and will not qualify for any tax credit if they’re purchased, although dealers may pass a tax credit on to consumers if the vehicle is leased:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Audi E-Tron GT</li><li>BMW i4</li><li>BMW i7</li><li>BMW iX</li><li>Chevrolet Silverado EV (certain options and trim levels above $80,000)</li><li>Ford F-150 Lightning (certain options and trim levels above $80,000)</li><li>Genesis G80 Electric</li><li>GMC Hummer EV</li><li>Lucid Air</li><li>Mercedes-Benz EQE and EQE SUV=</li><li>Mercedes-Benz EQS and EQS SUV</li><li>Porsche Taycan</li><li>Rivian R1T (certain options and trim levels above $80,000)</li><li>Tesla Cybertruck (certain options and trim levels)</li><li>Tesla Model S</li><li>Tesla Model X</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/cars/hybrids-evs/electric-cars-plug-in-hybrids-that-qualify-for-tax-credits-a7820795671/\">click here.</a></p>\n<!-- /wp:paragraph -->','Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credits','','publish','closed','closed','','electric-cars-and-plug-in-hybrids-that-qualify-for-federal-tax-credits','','','2023-05-30 00:50:28','2023-05-30 00:50:28','',0,'http://smartinsurance.tips/?p=3216',0,'post','',0),(3217,1,'2023-05-30 00:40:56','2023-05-30 00:40:56','','My-project-1-11','','inherit','closed','closed','','my-project-1-11','','','2023-05-30 00:40:56','2023-05-30 00:40:56','',3216,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-11.png',0,'attachment','image/png',0),(3218,1,'2023-05-30 00:50:28','2023-05-30 00:50:28','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The rules have been updated. Here’s how to find out which new and used EVs may qualify for a tax credit of up to $7,500.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":3217,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-11.png\" alt=\"\" class=\"wp-image-3217\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Treasury Department has released updated rules for electric car buyers—this time related to where EV battery components and minerals come from—that once again change which new electric cars may be eligible for a federal tax credit of up to $7,500. The Tesla Model 3 Performance is now the only Consumer Reports-recommended vehicle that is eligible for a full credit</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As of April 18, 2023, six vehicles will no longer be eligible for any credit, including the affordable Nissan Leaf (shown below), although it may be added back at a later date. Nine vehicles, including the Ford Mustang Mach-E and the least expensive version of the Tesla Model 3, will get only a partial credit of $3,750. The Chevrolet Bolt, Ford F-150 Lightning, and Tesla Model Y are among the 11 EVs eligible for a full $7,500 credit—and a base-model Bolt should cost just $19,995 after the tax credit and destination fee.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The changes are part of the Inflation Reduction Act of 2022. Designed to address climate change, healthcare, and taxes, the legislation also modifies how tax credits for certain new EV purchases are calculated. The provisions of the act went into effect in phases. Vehicles must be manufactured in North America and have an MSRP below $80,000 for an SUV or $55,000 for a sedan, wagon, or hatchback.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Beginning April 18, the full tax credit will be divided into two parts. To qualify for the first $3,750, at least 50 percent of a vehicle’s battery components must be produced or assembled in North America. To get the second $3,750, at least 40 percent of critical minerals used in the battery must be extracted or processed in the U.S. or in a country that is a U.S. free-trade agreement partner, or they must have been made from materials recycled in North America. These requirements will get stricter every year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Chris Harto, CR’s senior policy analyst for transportation and energy, says it’s no surprise that fewer cars qualify for a credit. “The requirements were going to be difficult for automakers to meet immediately,” he says, “but we expect this list to grow quite a bit in the coming months and years as automakers now have clear targets to hit to become eligible, and are working hard to qualify.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">None of these regulations apply to leased EVs and PHEVs, so potential buyers interested in an electric car or plug-in hybrid that isn’t eligible for a tax credit may want to consider leasing instead of purchasing.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In this article, Consumer Reports has details on how to maximize your savings, including using tools such as our Electric Vehicle Savings Finder to see which cars qualify. We’ve tested versions of many of the models; click through the model names below for road tests and ratings. Others on the list are either EVs that aren’t on sale yet or plug-in hybrid versions that we haven’t purchased for evaluation but have experienced in most cases. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Ultimately, the tax credit may determine just how much money you’ll save by going electric. We will continue to update this article as more vehicles are added to the list.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which New-Car Purchases Might Qualify for a Full EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The IRS says the manufacturers of the following EVs and PHEVs indicated that they’re currently eligible for a full tax credit of $7,500 provided other requirements are met, such as vehicle MSRP and buyer income, which are explained in detail later in this article:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Cadillac Lyriq (2023 and 2024 model years, MSRP $80,000 or below) </li><li>Chevrolet Bolt (2022 and 2023 model years, MSRP $55,000 or below)</li><li>Chevrolet Bolt EUV (2022 and 2023 model years, MSRP $55,000 or below)</li><li>Chevrolet Blazer (2024 model year, MSRP $80,000 or below) </li><li>Chevrolet Equinox (2024 model year, MSRP $80,000 or below)</li><li>Chevrolet Silverado EV (2024 model year, MSRP $80,000 or below) </li><li>Chrysler Pacifica PHEV (2022 and 2023 model years, MSRP $80,000 or below) </li><li>Ford F-150 Lightning (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Lincoln Aviator Grand Touring PHEV (MSRP $80,000 or below)</li><li>Tesla Model 3 Performance only (2022 and 2023 model years, MSRP $55,000 or below)</li><li>Tesla Model Y All-Wheel Drive, Long Range, and Performance (2022 and 2023 model years for All-Wheel Drive and Long Range, 2022 model year only for Performance, MSRP $80,000 or below)</li><li>Volkswagen ID.4 (2023 model year, MSRP $80,000 or below)</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a manufacturer uses different suppliers or assembly locations, some vehicles may qualify while others may not—even if they’re the same exact make and model. That’s the case for the Tesla Model 3, which qualifies for either a full or partial tax credit depending on how it’s equipped. Other vehicles may qualify in the future after automakers make changes to their battery and component suppliers, or if the U.S. signs free-trade agreements with more countries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Cars May Qualify Only for a Partial EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Treasury Department says the manufacturers of the following EVs and PHEVs indicated that they’re currently eligible for a partial tax credit of $3,750 if put into service on or after April 18, 2023, provided other requirements are met, such as vehicle MSRP and buyer income:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Ford Escape PHEV (2022 and 2023 model years, MSRP $80,000 or below; may qualify for a partial tax credit of $6,843 due to battery size if put into service before April 18, 2023)</li><li>Ford E-Transit (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Ford Mustang Mach-E (2022 and 2023 model years, 2022 and 2023 model years, MSRP $80,000 or below)</li><li>Jeep Wrangler 4xe PHEV (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Jeep Grand Cherokee 4xe PHEV (2022 and 2023 model years, MSRP $80,000 or below)</li><li>Lincoln Corsair Grand Touring PHEV (2022 and 2023 model years, MSRP $80,000 or below; may qualify for a partial tax credit of $6,843 due to battery size if put into service before April 18, 2023)</li><li>Rivian R1S (2023 model years, MSRP $80,000 or below)</li><li>Rivian R1T (2023 model years, MSRP $80,000 or below)</li><li>Tesla Model 3 standard range Rear-Wheel Drive only (2022 and 2023 model years, MSRP $55,000 or below)</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Cars No Longer Qualify for the EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">These vehicles no longer appear on the Treasury Department’s list of vehicles that qualify for the tax credit, although they appeared on prior lists. If these vehicles were put into service before April 18, 2023, owners may still qualify for a tax credit:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Audi Q5 TFSI e Quattro PHEV</li><li>BMW 330e sedan (may have qualified for partial credit up to $5,836 due to battery size if made in North America)</li><li>BMW X5 xDrive45e SUV</li><li>Genesis GV70 Electrified SUV</li><li>Nissan Leaf</li><li>Volvo S60 PHEV (may have qualified for partial credit of $5,419 due to battery size), Extended Range, and T8 Recharge</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Although the Volkswagen ID.4 wasn’t on the initial list, it now qualifies for a full tax credit. Nissan says it has not yet been able to certify that the Leaf meets new battery component and critical mineral requirements in time for the April 18 deadline. \"We are working closely with our suppliers and are hopeful that Leaf will qualify for at least partial credit in the future,\" a spokesperson for the automaker told CR.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">The Rules</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In order to qualify for a tax credit of up to $7,500, a new EV or eligible plug-in hybrid vehicle (PHEV) must meet certain rules:&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• A vehicle’s MSRP must not exceed certain limits, so pricey EVs, such as the GMC Hummer EV, Lucid Air, and Tesla Model S and Model X, won’t qualify. For SUVs, pickup trucks, and vans, the threshold is $80,000. For sedans, hatchbacks, wagons, and other vehicles, the credit cuts off at $55,000. These limits are based on a vehicle’s MSRP, not on its sale price, so a heavily discounted luxury car would not qualify. In addition, this requirement may not apply to some leased vehicles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• Regardless of how a vehicle is advertised, whether it counts as an SUV, wagon, or hatchback is determined by the Environmental Protection Agency and listed on the window sticker. For example, the Ford Mustang Mach-E is listed as a small SUV, but the Chevrolet Bolt EUV is classified as a small station wagon.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• A vehicle must be assembled in North America, including Canada and Mexico, to qualify for any tax credit. This eliminates credits for vehicles assembled elsewhere, including the BMW i4, Hyundai Ioniq 5, Kia EV6, and Toyota bZ4X. (This requirement also may not apply to some leased vehicles.) It doesn’t matter if a vehicle comes from an Asian or European brand, only where it’s assembled.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">•&nbsp;To qualify for a full tax credit, at least 50 percent of a vehicle’s battery components must be produced or assembled in North America. In addition, at least 40 percent of critical minerals used in the battery must be extracted or processed in the U.S. or in a country that’s a U.S. free-trade agreement partner, or they must have been made from materials recycled in North America. The new rules will become stricter over time, with requirements increasing by 10 percent each year through 2027. By then, 90 percent of battery components and 80 percent of critical minerals will have to meet the guidelines.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• Car buyers must meet certain income guidelines. Households with an adjusted gross income up to $300,000 will still qualify for the new-car credit, while heads of household must earn below $225,000 and individual filers will qualify only with income below $150,000. This provision may not apply if a vehicle is leased.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">•&nbsp;PHEVs with a battery of at least 7 kWh may qualify for a tax credit as long as they meet all of the other requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• Starting on Dec. 31, 2023, vehicles with components from countries that have been designated “foreign entities of concern” will no longer be eligible for a tax credit. The list of countries with this designation has not yet been compiled.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">• There’s no longer a 200,000 vehicle sales cap on tax credits that made EVs and plug-in hybrids from Tesla, GM, and Toyota ineligible under prior rules. Previously, once an automaker sold more than 200,000 qualifying vehicles, the credit began to phase out.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Why Does the EV Tax Credit Keep Changing?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The Treasury Department says that the new rules are aimed at moving EV manufacturing and sourcing away from China and to the U.S. and its free-trade partners, which include Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, South Korea, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, and Singapore. They also now include Japan, after it entered into a special minerals-focused trade agreement with the U.S., signed just before the new rules were released, and may expand to include countries in the European Union as well, Reuters reports. A 2022 analysis of the EV supply chain from the International Energy Agency shows that a vast majority of minerals, components, and battery cells are currently from China. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Although directives about battery and mineral sourcing are meant to incentivize manufacturing in the U.S., automakers and EV advocates have told Consumer Reports they’re concerned that the complexity of these rules may make it difficult for consumers to find a vehicle that qualifies for the credits or understand how much they’ll be eligible to claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">How Do You Know If the Car You Want Qualifies for the EV Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Buyers who are interested in the tax credit must do some research to see if the specific vehicle they’re considering qualifies. The IRS has a list of vehicle makes and models that automakers have certified as potentially qualifying for a credit, under penalty of perjury. There’s also a list at fueleconomy.gov.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">CR’s EV Incentive Finder can also tell you whether the model you’re interested in may be eligible for a federal tax credit, as well as state and local incentives that might save you thousands more. GM launched a website where people interested in buying a new EV from GM can see how much of a tax credit—if any—it’s eligible for. And the White House says that Google plans to create a search tool for EV tax credit eligibility as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Things may get easier in 2024. That’s when qualified dealerships will be able to offer the tax credit directly to buyers at the point of sale, so buyers won’t have to wait to claim the credit on their taxes. Until that provision goes into effect, buyers who don’t have a tax liability may be able to benefit from the tax credit on a lease.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What If You Have a Car on Order?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Cars that were ordered and paid for earlier this year or in 2022 but haven’t been delivered by April 18, 2023, will be subject to the new regulations on battery and critical mineral content. A White House spokesperson told CR that a car buyer would have to take possession of their vehicle before April 18, 2023, to qualify for the tax credits under the old rules.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Do Leased EVs Qualify for a Full Tax Credit?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There’s some good news if the car you want to purchase doesn’t qualify for a tax credit: A Treasury spokesperson told CR that most traditional leases would qualify for a $7,500 commercial credit that’s not subject to the myriad requirements that must be met to qualify for the consumer new-vehicle credit.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here’s how it works: In the case of a lease, the dealer would receive the commercial credit, not the person leasing the vehicle, and it would be up to the dealer to pass those savings on to the consumer, potentially by lowering the vehicle’s purchase price. If a dealer does pass the savings along, drivers could get a tax credit on a car made outside North America, such as the popular Hyundai Ioniq 5. High-income consumers and those who lease a high-cost EV, such as a Lucid Air or Tesla Model S or X, would also be able to enjoy the $7,500 credit as long as the dealer passes those savings along. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a buyer chooses to do this, however, they should make sure to double-check the dealership’s math. “Make sure to ask for an itemized bill of sale that shows where the tax credit has been applied,” says Gabe Shenhar, associate director of CR’s Auto Test Center. “And make sure the dealership doesn’t mark up the price of the car accordingly.”&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some automakers, including Hyundai, Lucid and Polestar, already factor a full $7,500 tax credit into the lease deals listed on their websites.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">What About Used Cars?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For the first time, buyers of used EVs will get a tax credit, either $4,000 or 30 percent of the sale price of the vehicle—whichever is lower. But that’s only if they buy a car from a dealership, and only if the vehicle wasn’t previously resold after Aug. 16, 2022. In other words, a one-owner used car sold at an authorized dealership may be eligible for a tax credit, but a two-owner car won’t be. Neither will a one-owner car sold privately.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The income threshold is lower for used EV buyers: $150,000 for joint filers, $112,500 for a head of household, or $75,000 for an individual. But the rules about where the car was made or where the battery comes from don’t apply to used vehicles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\">Which Cars May Qualify Only for the New EV Tax Credit If Leased?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In addition to the nine vehicles listed above that will lose out on a tax credit starting April 18, 2023, because of battery and critical mineral requirements, these current and coming EVs (and two fuel-cell vehicles) aren’t made in North America and therefore probably won’t qualify for a tax credit if they are purchased, although that might change in the future if their assembly location changes. In addition, dealers may pass a tax credit on to consumers if the vehicle is leased instead of purchased.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Audi E-Tron</li><li>Fisker Ocean</li><li>Genesis GV60</li><li>Hyundai Ioniq 5</li><li>Hyundai Ioniq 6</li><li>Hyundai Kona Electric</li><li>Hyundai Nexo</li><li>Jaguar I-Pace</li><li>Kia EV6</li><li>Kia Niro Electric</li><li>Lexus RZ</li><li>Mazda MX-30</li><li>Mercedes-Benz EQB</li><li>Nissan Ariya </li><li>Polestar 2</li><li>Subaru Solterra</li><li>Toyota bZ4x</li><li>Toyota Mirai</li><li>Volvo C40</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Regardless of where they’re assembled, these vehicles have an MSRP that is too high and will not qualify for any tax credit if they’re purchased, although dealers may pass a tax credit on to consumers if the vehicle is leased:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Audi E-Tron GT</li><li>BMW i4</li><li>BMW i7</li><li>BMW iX</li><li>Chevrolet Silverado EV (certain options and trim levels above $80,000)</li><li>Ford F-150 Lightning (certain options and trim levels above $80,000)</li><li>Genesis G80 Electric</li><li>GMC Hummer EV</li><li>Lucid Air</li><li>Mercedes-Benz EQE and EQE SUV=</li><li>Mercedes-Benz EQS and EQS SUV</li><li>Porsche Taycan</li><li>Rivian R1T (certain options and trim levels above $80,000)</li><li>Tesla Cybertruck (certain options and trim levels)</li><li>Tesla Model S</li><li>Tesla Model X</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.consumerreports.org/cars/hybrids-evs/electric-cars-plug-in-hybrids-that-qualify-for-tax-credits-a7820795671/\">click here.</a></p>\n<!-- /wp:paragraph -->','Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credits','','inherit','closed','closed','','3216-revision-v1','','','2023-05-30 00:50:28','2023-05-30 00:50:28','',3216,'http://smartinsurance.tips/?p=3218',0,'revision','',0),(3219,1,'2023-05-30 00:58:46','2023-05-30 00:58:46','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance will pay for your additional living expenses if you can\'t live at home due to a covered loss. There are home insurance additional living expenses coverage, and its important that you keep receipts as you\'ll need to submit them for reimbursement.</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\":3220,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-13.png\" alt=\"\" class=\"wp-image-3220\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a disaster leaves your home uninhabitable, where will you live and how will you pay for it?&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses, or ALE, is a form of coverage included in homeowners and renters insurance policies that provides some coverage for you to live elsewhere while your home is being repaired or rebuilt.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses coverage also kicks in if your family is under a mandatory evacuation order due to a covered peril, such as a fire, tornado or hurricane.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Most policies will reimburse you the difference between your additional living expenses and your normal living expenses,\" says Carole Walker, executive director of the Rocky Mountain Insurance Information Association. \"But policies have set limits on the amount they will pay and may be subject to a deductible.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Standard home insurance policies include additional living expenses (ALE) coverage.</li><li>ALE pays the additional costs you incur while you can\'t live at home, including hotels and dining out.</li><li>Additional living expenses are paid by your insurance company on a reimbursement basis, so it\'s important to keep all receipts. </li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_additional_living_expenses_coverage\">What is additional living expenses coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses coverage, also called ALE insurance or loss of use coverage, reimburses you for extra expenses that you incur if you can’t live in your home due to a covered loss. For example, if a tornado or hurricane wrecks your home and temporarily makes it uninhabitable, ALE insurance will reimburse costs, such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hotel bills</li><li>Restaurant meals</li><li>Rent you would have collected from a tenant had the damage not occurred</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The amount you’re reimbursed is the difference between your normal living expenses and these additional costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many people don’t even realize they have additional living expenses as part of their homeowners or renters insurance policy, Walker says. But this coverage can come through for them when they need it most.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Imagine being forced out of your home on a moment\'s notice due to an evacuation order, water damage, fire,\" she says. \"Could you afford to temporarily live elsewhere with the understanding that you are still responsible for your mortgage, utilities and other household expenses?\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_additional_living_expenses_insurance_cover\">What does additional living expenses insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">What is covered under additional living expense? ALE covers a hotel stay and any costs you incur you might incur while your home is uninhabitable and is being repaired or rebuilt. The coverage to keep a temporary home is meant to maintain your standard of living, so ALE coverage likely won\'t pick up a week of staying at the Ritz. Instead, home insurers expect you to maintain your current standard of living.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Covered costs include those that exceed your normal living expenses. ALE might reimburse you for things such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hotel or temporary rental costs</li><li>Restaurant meals</li><li>Boarding costs for a pet</li><li>Storage fees</li><li>Washer and dryer costs</li><li>Pet boarding</li><li>Mileage</li><li>Rent you would have collected if a tenant was still able to live at the property</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_isnt_covered_by_additional_living_expense\">What isn\'t covered by additional living expense?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses can include things like temporary housing, storage fees, and meals. However, there are some expenses that additional living expense coverage does not cover. For example, most policies will not reimburse you for the cost of replacing lost or damaged personal belongings. It\'s important to be familiar with your additional living expense coverage before something happens and you need to use it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"When_can_you_make_a_claim_on_your_additional_living_expense_coverage\">When can you make a claim on your additional living expense coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can only claim additional living expense coverage if your home becomes uninhabitable after a loss that’s covered by your insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It won\'t cover you if you\'re having voluntary work done on your home, like renovations or additions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_the_limit_of_additional_living_expenses\">What is the limit of additional living expenses?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The limit is typically a percentage of your homeowners insurance dwelling coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, your ALE coverage might have a ceiling of 20% of the dwelling limit. That means if you have $200,000 of dwelling coverage, your additional living expenses coverage might be $40,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Additional_living_expenses_examples\">Additional living expenses examples</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Typically, additional living expense coverage will reimburse you for any costs related to a peril listed in your insurance policy that damages your home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"This money is designed to cover your extra out-of-pocket expenses for hotels or temporary housing, car rentals and other expenses you may incur while your home is being repaired,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if a fire sweeps through your home and burns it to the ground, ALE coverage will help cover your daily living costs while the home is rebuilt. Or, if a buildup of snow causes your roof to collapse, ALE coverage can again reimburse your costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Other examples of covered perils that might create damage that causes ALE coverage to kick in include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hurricanes</li><li>Water damage from a burst pipe</li><li>Vandalism</li><li>Explosions</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance policies typically include up to 12 months of additional living expenses, but some offer up to 24 months as either part of the policy or as a purchase option, Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Longer coverage can be valuable in some situations. \"If you live in a high-risk wildfire or catastrophe area, it\'s important to consider it may take a longer amount of time to repair or rebuild your home after a disaster,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Additional_living_expenses_worksheet\">Additional living expenses worksheet</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An additional living expenses worksheet might be broken into categories of expenses, such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Housing</li><li>Utilities</li><li>Meals</li><li>Transportation</li><li>Miscellaneous, including things such a laundry costs</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Under each of these general headings would be individual expenses. For example, under the \"Utilities\" heading, you might include individual entries for everything from gas and water to internet and cable TV costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You would note both the cost incurred and how much additional expense you incurred for each of those costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">ALE doesn’t cover all costs while you’re out of your home, though. Don\'t expect additional living expenses coverage to pay your mortgage or for the kids\' music lessons. The coverage pays only for expenses you wouldn\'t have incurred had disaster not struck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In fact, any money you save from living in a temporary place is deducted from the reimbursement. Don\'t be surprised, for instance, if the insurer subtracts the amount you would normally have spent on groceries from the reimbursement amount for restaurant meals while you\'re at the hotel.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Or if you pay less for utilities at your rental home than you paid at your own house, then that savings will be subtracted from the amount you\'re reimbursed for additional living expenses.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"ALE is designed to pay for out-of-pocket expenses and temporary housing similar to your current home,\" Walker says. \"In other words, ALE will not pay for a five-star hotel or expensive dining tabs that aren\'t equal to your normal day-to-day expenses.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_does_an_additional_living_expenses_cash_advance_work\">How does an additional living expenses cash advance work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Unless you have a lot of savings, you might need a cash advance from your insurance company just to pay your bills. But getting such a check via your additional living expenses coverage isn’t always easy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Many insurers will give payment advances, but it\'s patchy,\" says Amy Bach, executive director of United Policyholders. How to get the additional living expenses cash out? \"You need to ask for it, and if the adjuster says no, you need to push a little more and go up the chain.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fortunately, insurance companies generally reimburse for expenses as they are incurred, so you don\'t have to wait to receive a lump-sum check at the end of the process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Keep meticulous records of every expenditure, and save all your receipts. Get a waterproof, zippered pouch to keep them together.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Without receipts, you don\'t get payment,\" Bach says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_to_make_additional_living_expense_ALE_coverage_claims\">How to make additional living expense (ALE) coverage claims</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>If your home is damaged to the point where you no longer can live in it, call your insurance company promptly.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"It\'s critical that one of your first calls after evacuating or suffering a loss is to your insurance carrier,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You should document your discussions -- from the first time you call your insurance company to verify your ALE coverage. Grab a notebook or put your notes in your cellphone and jot down who you talked to, the date, the time and details you discussed. Documentation can be critical to having a smooth claim process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An agent or representative will help you better understand what your insurance covers under ALE and the step-by-step process for filing your claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your insurer also can help you find temporary housing and explain the reimbursement options that are available to you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Closely follow the policies and procedures that your insurer has put into place for making a claim. Doing so can help prevent unnecessary difficulties in getting your reimbursement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"ALE is typically a separate insurance check from your home repair or personal contents claim payment,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Frequently_asked_questions_Additional_living_expenses\">Frequently asked questions: Additional living expenses</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Is additional living expenses the same as loss of use?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, \"additional living expenses\" and \"loss of use coverage\" are the same thing. They are both part of what is known as \"Coverage D\" in your homeowners insurance or renters insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">So the additional living expenses definition is the same as it is for loss of use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Can you get loss of use reimbursement from an insurance company when staying with a friend or relative?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, it’s possible to still get loss-of-use reimbursement when staying with a friend or relative. Some costs may still be reimbursed so long as you have been forced to live elsewhere due to a covered loss, Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">She also notes that your ALE coverage may be subject to a deductible before the coverage kicks in. So, living with a friend or relatives might help you save on overall costs by preventing you from having to make an ALE claim at all.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And even if your losses are steep enough that you have to use your policy -- and pay your deductible -- staying with friends and relatives can still save you money since your ALE coverage likely has limits that you do not want to exceed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Staying with friends or relatives may help you save on expenses that may not be covered,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Does homeowners insurance cover temporary housing?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many homeowners insurance policies cover temporary living expenses, which is also known as loss-of-use coverage or Coverage D. It kicks in if your home is uninhabitable due to damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, it is important to check with your insurance provider to see what is covered under your policy. Some insurers only cover certain types of damages, such as fire or weather-related damages. As a result, it is important to be familiar with the details of your homeowners insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Does homeowners insurance cover a hotel stay?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, most homeowners insurance policies will cover the cost of a hotel stay if your home is uninhabitable due to a covered event, such as a fire or severe weather. However, coverage varies from policy to policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Generally speaking, your homeowners insurance will pay for a hotel room up to the limit specified in your policy for additional living expenses. This coverage is typically a percentage of the overall homeowners 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.insurance.com/home-and-renters-insurance/natural-disasters/additional-living-expenses.html\">click here.</a></p>\n<!-- /wp:paragraph -->','How additional living expenses coverage works','','publish','closed','closed','','how-additional-living-expenses-coverage-works','','','2023-05-30 00:58:46','2023-05-30 00:58:46','',0,'http://smartinsurance.tips/?p=3219',0,'post','',0),(3220,1,'2023-05-30 00:51:59','2023-05-30 00:51:59','','My-project-1-13','','inherit','closed','closed','','my-project-1-13','','','2023-05-30 00:51:59','2023-05-30 00:51:59','',3219,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-13.png',0,'attachment','image/png',0),(3221,1,'2023-05-30 00:58:46','2023-05-30 00:58:46','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance will pay for your additional living expenses if you can\'t live at home due to a covered loss. There are home insurance additional living expenses coverage, and its important that you keep receipts as you\'ll need to submit them for reimbursement.</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\":3220,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-13.png\" alt=\"\" class=\"wp-image-3220\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a disaster leaves your home uninhabitable, where will you live and how will you pay for it?&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses, or ALE, is a form of coverage included in homeowners and renters insurance policies that provides some coverage for you to live elsewhere while your home is being repaired or rebuilt.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses coverage also kicks in if your family is under a mandatory evacuation order due to a covered peril, such as a fire, tornado or hurricane.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Most policies will reimburse you the difference between your additional living expenses and your normal living expenses,\" says Carole Walker, executive director of the Rocky Mountain Insurance Information Association. \"But policies have set limits on the amount they will pay and may be subject to a deductible.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Standard home insurance policies include additional living expenses (ALE) coverage.</li><li>ALE pays the additional costs you incur while you can\'t live at home, including hotels and dining out.</li><li>Additional living expenses are paid by your insurance company on a reimbursement basis, so it\'s important to keep all receipts. </li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_additional_living_expenses_coverage\">What is additional living expenses coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses coverage, also called ALE insurance or loss of use coverage, reimburses you for extra expenses that you incur if you can’t live in your home due to a covered loss. For example, if a tornado or hurricane wrecks your home and temporarily makes it uninhabitable, ALE insurance will reimburse costs, such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hotel bills</li><li>Restaurant meals</li><li>Rent you would have collected from a tenant had the damage not occurred</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The amount you’re reimbursed is the difference between your normal living expenses and these additional costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many people don’t even realize they have additional living expenses as part of their homeowners or renters insurance policy, Walker says. But this coverage can come through for them when they need it most.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Imagine being forced out of your home on a moment\'s notice due to an evacuation order, water damage, fire,\" she says. \"Could you afford to temporarily live elsewhere with the understanding that you are still responsible for your mortgage, utilities and other household expenses?\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_additional_living_expenses_insurance_cover\">What does additional living expenses insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">What is covered under additional living expense? ALE covers a hotel stay and any costs you incur you might incur while your home is uninhabitable and is being repaired or rebuilt. The coverage to keep a temporary home is meant to maintain your standard of living, so ALE coverage likely won\'t pick up a week of staying at the Ritz. Instead, home insurers expect you to maintain your current standard of living.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Covered costs include those that exceed your normal living expenses. ALE might reimburse you for things such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hotel or temporary rental costs</li><li>Restaurant meals</li><li>Boarding costs for a pet</li><li>Storage fees</li><li>Washer and dryer costs</li><li>Pet boarding</li><li>Mileage</li><li>Rent you would have collected if a tenant was still able to live at the property</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_isnt_covered_by_additional_living_expense\">What isn\'t covered by additional living expense?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses can include things like temporary housing, storage fees, and meals. However, there are some expenses that additional living expense coverage does not cover. For example, most policies will not reimburse you for the cost of replacing lost or damaged personal belongings. It\'s important to be familiar with your additional living expense coverage before something happens and you need to use it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"When_can_you_make_a_claim_on_your_additional_living_expense_coverage\">When can you make a claim on your additional living expense coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can only claim additional living expense coverage if your home becomes uninhabitable after a loss that’s covered by your insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It won\'t cover you if you\'re having voluntary work done on your home, like renovations or additions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_the_limit_of_additional_living_expenses\">What is the limit of additional living expenses?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The limit is typically a percentage of your homeowners insurance dwelling coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, your ALE coverage might have a ceiling of 20% of the dwelling limit. That means if you have $200,000 of dwelling coverage, your additional living expenses coverage might be $40,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Additional_living_expenses_examples\">Additional living expenses examples</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Typically, additional living expense coverage will reimburse you for any costs related to a peril listed in your insurance policy that damages your home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"This money is designed to cover your extra out-of-pocket expenses for hotels or temporary housing, car rentals and other expenses you may incur while your home is being repaired,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if a fire sweeps through your home and burns it to the ground, ALE coverage will help cover your daily living costs while the home is rebuilt. Or, if a buildup of snow causes your roof to collapse, ALE coverage can again reimburse your costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Other examples of covered perils that might create damage that causes ALE coverage to kick in include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hurricanes</li><li>Water damage from a burst pipe</li><li>Vandalism</li><li>Explosions</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance policies typically include up to 12 months of additional living expenses, but some offer up to 24 months as either part of the policy or as a purchase option, Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Longer coverage can be valuable in some situations. \"If you live in a high-risk wildfire or catastrophe area, it\'s important to consider it may take a longer amount of time to repair or rebuild your home after a disaster,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Additional_living_expenses_worksheet\">Additional living expenses worksheet</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An additional living expenses worksheet might be broken into categories of expenses, such as:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Housing</li><li>Utilities</li><li>Meals</li><li>Transportation</li><li>Miscellaneous, including things such a laundry costs</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Under each of these general headings would be individual expenses. For example, under the \"Utilities\" heading, you might include individual entries for everything from gas and water to internet and cable TV costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You would note both the cost incurred and how much additional expense you incurred for each of those costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">ALE doesn’t cover all costs while you’re out of your home, though. Don\'t expect additional living expenses coverage to pay your mortgage or for the kids\' music lessons. The coverage pays only for expenses you wouldn\'t have incurred had disaster not struck.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In fact, any money you save from living in a temporary place is deducted from the reimbursement. Don\'t be surprised, for instance, if the insurer subtracts the amount you would normally have spent on groceries from the reimbursement amount for restaurant meals while you\'re at the hotel.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Or if you pay less for utilities at your rental home than you paid at your own house, then that savings will be subtracted from the amount you\'re reimbursed for additional living expenses.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"ALE is designed to pay for out-of-pocket expenses and temporary housing similar to your current home,\" Walker says. \"In other words, ALE will not pay for a five-star hotel or expensive dining tabs that aren\'t equal to your normal day-to-day expenses.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_does_an_additional_living_expenses_cash_advance_work\">How does an additional living expenses cash advance work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Unless you have a lot of savings, you might need a cash advance from your insurance company just to pay your bills. But getting such a check via your additional living expenses coverage isn’t always easy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Many insurers will give payment advances, but it\'s patchy,\" says Amy Bach, executive director of United Policyholders. How to get the additional living expenses cash out? \"You need to ask for it, and if the adjuster says no, you need to push a little more and go up the chain.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Fortunately, insurance companies generally reimburse for expenses as they are incurred, so you don\'t have to wait to receive a lump-sum check at the end of the process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Keep meticulous records of every expenditure, and save all your receipts. Get a waterproof, zippered pouch to keep them together.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Without receipts, you don\'t get payment,\" Bach says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_to_make_additional_living_expense_ALE_coverage_claims\">How to make additional living expense (ALE) coverage claims</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>If your home is damaged to the point where you no longer can live in it, call your insurance company promptly.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"It\'s critical that one of your first calls after evacuating or suffering a loss is to your insurance carrier,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You should document your discussions -- from the first time you call your insurance company to verify your ALE coverage. Grab a notebook or put your notes in your cellphone and jot down who you talked to, the date, the time and details you discussed. Documentation can be critical to having a smooth claim process.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An agent or representative will help you better understand what your insurance covers under ALE and the step-by-step process for filing your claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your insurer also can help you find temporary housing and explain the reimbursement options that are available to you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Closely follow the policies and procedures that your insurer has put into place for making a claim. Doing so can help prevent unnecessary difficulties in getting your reimbursement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"ALE is typically a separate insurance check from your home repair or personal contents claim payment,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Frequently_asked_questions_Additional_living_expenses\">Frequently asked questions: Additional living expenses</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Is additional living expenses the same as loss of use?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, \"additional living expenses\" and \"loss of use coverage\" are the same thing. They are both part of what is known as \"Coverage D\" in your homeowners insurance or renters insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">So the additional living expenses definition is the same as it is for loss of use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Can you get loss of use reimbursement from an insurance company when staying with a friend or relative?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, it’s possible to still get loss-of-use reimbursement when staying with a friend or relative. Some costs may still be reimbursed so long as you have been forced to live elsewhere due to a covered loss, Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">She also notes that your ALE coverage may be subject to a deductible before the coverage kicks in. So, living with a friend or relatives might help you save on overall costs by preventing you from having to make an ALE claim at all.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And even if your losses are steep enough that you have to use your policy -- and pay your deductible -- staying with friends and relatives can still save you money since your ALE coverage likely has limits that you do not want to exceed.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Staying with friends or relatives may help you save on expenses that may not be covered,\" Walker says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Does homeowners insurance cover temporary housing?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many homeowners insurance policies cover temporary living expenses, which is also known as loss-of-use coverage or Coverage D. It kicks in if your home is uninhabitable due to damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, it is important to check with your insurance provider to see what is covered under your policy. Some insurers only cover certain types of damages, such as fire or weather-related damages. As a result, it is important to be familiar with the details of your homeowners insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Does homeowners insurance cover a hotel stay?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, most homeowners insurance policies will cover the cost of a hotel stay if your home is uninhabitable due to a covered event, such as a fire or severe weather. However, coverage varies from policy to policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Generally speaking, your homeowners insurance will pay for a hotel room up to the limit specified in your policy for additional living expenses. This coverage is typically a percentage of the overall homeowners 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.insurance.com/home-and-renters-insurance/natural-disasters/additional-living-expenses.html\">click here.</a></p>\n<!-- /wp:paragraph -->','How additional living expenses coverage works','','inherit','closed','closed','','3219-revision-v1','','','2023-05-30 00:58:46','2023-05-30 00:58:46','',3219,'http://smartinsurance.tips/?p=3221',0,'revision','',0),(3222,1,'2023-05-30 02:27:38','2023-05-30 02:27:38','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance covers some types of water damage, but excludes others. Your home insurance will cover water damage from a burst pipe or weather damage that causes a roof leak, but not from floods or a poorly maintained roof.</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\":3223,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-14.png\" alt=\"\" class=\"wp-image-3223\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance coverage for water damage can be complicated; some types of damage are covered and others are not. Whether water damage to your home will be covered by your home insurance policy depends on how the damage happened.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard homeowners insurance covers water damage that happens suddenly or accidentally, such as with a burst pipe. It also covers damage from heavy rain, but it doesn’t cover water damage from overland flooding.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Below we\'ll provide details on home insurance and water damage to clarify what\'s covered and what\'s not.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_type_of_water_damage_is_covered_by_homeowners_insurance\">What type of water damage is covered by homeowners insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some examples of water damage covered by homeowners insurance policies include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Leaking or burst pipes, if it’s sudden (instead of gradual) and not due to deferred or neglected maintenance</li><li>Damage from an overflowing sink or tub</li><li>Damage from the sudden malfunction of an appliance like a washing machine (the appliance itself is not covered)</li><li>Damage if a hose breaks or leaks</li><li>Damage from heavy rainfall</li><li>Damage after a fire (from water used to put out the fire)</li><li>Damage from a roof leak</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Water damage coverage for roof leaks</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on the cause of the roof leak, your homeowners insurance may or may not pay for repairs. In most cases, if an unavoidable event, such as a strong storm, caused your roof to leak, you are likely covered. However, should your roof leak because it\'s old and neglected, then you will likely be responsible for repairing any damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"State Farm evaluates each claim on a case-by-case basis,\" says Angie Harrier, a spokeswoman for State Farm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Homeowners insurance coverage for mold</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Mold is one of the worst byproducts of water damage.&nbsp; As with roof leaks, the source of the mold determines whether or not it is covered. If mold is the result of something that\'s covered, such as a burst pipe, then your insurance should pay for remediation. However, if mold is the result of failure to properly maintain your property, your homeowners insurance won\'t cover it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Mold caused by water from excessive humidity, leaks, condensation or flooding is a maintenance issue for the property owner,\" says Loretta Worters, vice president of media relations for the Insurance Information Institute.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re worried about mold, you might be able to add a mold insurance policy endorsement for expanded coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s important to remove mold before it grows large enough to be a health or other hazard, Worters says. \"Caught early, mold usually can be removed by cleaning thoroughly with a solution of bleach and water.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Is water damage from burst pipes due to power outage covered?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If the power goes out and your pipes freeze and burst causing water damage, home insurance will cover it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"If you are without power or water, there are concerns about frozen pipes which can burst and flood, which I have heard has been a big issue in Texas. There is coverage for burst pipes, as long as they were properly maintained,\" Worters says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But while damage caused by the frozen pipes would be covered, including any personal property that might get ruined, the actual pipe itself would not be covered in the claim, only the damages, says Brad Harrell, owner and agent at the Harrell Insurance Agency, based in Fort Worth, Texas. \"The same goes for any other types of water claims, for example when a water heater bursts,\" he says. \"The water heater wouldn\'t be covered, but damage caused by the burst would be, flooring, walls, personal property and so on.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_type_of_water_damage_is_not_covered_by_homeowners_insurance\">What type of water damage is not covered by homeowners insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong><br></strong>There are several types of damage that are not covered by standard home insurance. Most can be added as an endorsement or, in the case of flood insurance, purchased as a standalone policy. Here\'s what\'s not generally covered:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Flooding, including rivers or lakes overflowing their banks or a storm surge from a hurricane</li><li>Damage due to lack of maintenance and repairs to the structure and property</li><li>Sewer back ups</li><li>Mold that is not the direct result of a covered claim</li><li>Seepage or leaks through the foundation</li><li>Sump pump failure</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Generally speaking, water that comes from the top down, such as rainfall, is covered by a standard homeowners insurance policy. Water that comes from the bottom up, such as an overflowing river, is not unless you have a separate flood insurance policy,\" says Worters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Flood damage and homeowners insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood protection is not part of a standard home insurance policy. However, you can buy flood insurance from the federal government\'s National Flood Insurance Program, (NFIP) or from some private insurers. If you live in a flood-prone area, your mortgage company may require you to buy flood insurance. Flood-prone areas have a one in four chance of flooding during your 30-year mortgage, according to NFIP.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Home insurance for sewer and drain backups</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many homeowners insurance policies don\'t cover sewer backups, according to Worters. \"However, you can purchase a sewer backup rider for a homeowners or renters policy for about an additional $50 a year,\" she says. The limits on such policies vary according to the insurer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_insurance_cover_additional_living_expenses_from_water_damage_or_flooding\">Does insurance cover additional living expenses from water damage or flooding?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, if your home has water damage from a roof leak or burst pipe, and you need to live elsewhere while your home is being repaired, the additional living expenses portion of your policy (also called loss of use coverage) will cover extra costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Most homeowners insurance policies provide coverage for additional living expenses incurred if your home is uninhabitable during repairs. The insurance company will cover expenses like a hotel or dining out that are the result of the loss. However, this coverage only applies if the reason for the water damage is covered by the insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re displaced from your home because of flood damage, you\'re not covered for additional living expenses, even if you have flood insurance from the NFIP. If you have a flood insurance policy from a private company, however, it will likely include loss of use coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">FEMA can help impacted homeowners and renters with alternative living expenses if the president issues a major disaster declaration and homes are uninhabitable.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_renters_insurance_cover_water_damage\">Does renters insurance cover water damage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Renters insurance covers your personal belongings damaged by water --- it does not cover damage to the dwelling structure, that’s covered by your landlord’s policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Like homeowners, renters insurance doesn’t cover all types of water damage. If your sink, tub or washing machine accidentally overflows, or an air conditioner leaks, it’s covered. But if there’s a sewer backup or the damage is related to flooding, it won’t be covered, unless you add the additional peril or rider to your renters insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Renters insurance also covers damage to your belongings due to frozen water in pipes, as well as damage from accidental water or steam overflow from plumbing, radiator and cooling systems.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additionally, if you’re at fault, renters insurance helps to pay for water damage you cause to neighboring units. However, if your landlord was negligent in maintaining the unit and was responsible for the water leak, your insurance company would likely try to get the money for repairs from your landlord’s insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_do_I_file_a_water_damage_insurance_claim\">How do I file a water damage insurance claim?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As with any claim, the first step to filing a water damage claim is to contact your insurance company. You\'ll provide the company with some basic information, and they will assign the loss to an adjuster.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The adjuster will assess the damage and determine whether or not it\'s covered.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Water damage insurance claim tips:</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Do whatever you can to prevent further damage from the water, including shutting off the water main, covering holes in the roof or windows and soaking up as much of the water as you can,</li><li>Take photographs, especially if you need to make temporary repairs. It will help if you can provide any receipts to your insurance company for the items that were damaged by the water.</li><li>The choice of contractor is typically yours, so get several quotes. However, your insurance company may recommend contractors.&nbsp;</li><li>Keep all receipts for additional living expenses so you can be fully reimbursed.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How to get insurance to pay for water damage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If the water damage is specifically excluded from your policy, you are unlikely to have much luck getting the insurance company to pay. However, if you believe it should be covered and the claim is being denied or you are being offered too little, you do have options.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">First, you can appeal the claim, following the steps outlined in your policy. If that doesn\'t work you might need outside help from a lawyer or a public adjuster.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are a few tips to make a water damage claim easier:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Know what’s covered by your insurance policy. You will have a better time appealing the claim if you understand your coverage and can point to the policy to prove the damage should be covered.</li><li>Document everything. The more proof you have to present to the insurance company, the easier the process will be.</li><li>Prevent further damage. You have an obligation to mitigate the water damage, and this will make the claim amount smaller and the insurance company less likely to fight it.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_previous_water_damage_impact_home_insurance_quotes\">Does previous water damage impact home insurance quotes?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"A claim for water damage triggers concerns by insurers largely because of the costs of eliminating mold,\" Worters says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Plumbing problems that lead to water damage can be a red-flag for insurers, particularly if the problems continue and result in more claims, she says. \"If the damage involves broken pipes or leaky windows, fix the problem,\" Worters says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you don\'t, you may be considered a high risk because you don\'t maintain your property and your future rates could increase. If you’ve made a water damage claim, carefully research ways to reduce your premium costs when buying homeowners insurance 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://www.insurance.com/home-and-renters-insurance/natural-disasters/water-damage-insurance.aspx\">click here.</a></p>\n<!-- /wp:paragraph -->','Does homeowners insurance cover water damage?','','publish','closed','closed','','does-homeowners-insurance-cover-water-damage','','','2023-05-30 02:27:38','2023-05-30 02:27:38','',0,'http://smartinsurance.tips/?p=3222',0,'post','',0),(3223,1,'2023-05-30 02:22:40','2023-05-30 02:22:40','','My-project-1-14','','inherit','closed','closed','','my-project-1-14','','','2023-05-30 02:22:40','2023-05-30 02:22:40','',3222,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-14.png',0,'attachment','image/png',0),(3224,1,'2023-05-30 02:27:38','2023-05-30 02:27:38','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance covers some types of water damage, but excludes others. Your home insurance will cover water damage from a burst pipe or weather damage that causes a roof leak, but not from floods or a poorly maintained roof.</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\":3223,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-14.png\" alt=\"\" class=\"wp-image-3223\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance coverage for water damage can be complicated; some types of damage are covered and others are not. Whether water damage to your home will be covered by your home insurance policy depends on how the damage happened.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard homeowners insurance covers water damage that happens suddenly or accidentally, such as with a burst pipe. It also covers damage from heavy rain, but it doesn’t cover water damage from overland flooding.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Below we\'ll provide details on home insurance and water damage to clarify what\'s covered and what\'s not.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_type_of_water_damage_is_covered_by_homeowners_insurance\">What type of water damage is covered by homeowners insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some examples of water damage covered by homeowners insurance policies include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Leaking or burst pipes, if it’s sudden (instead of gradual) and not due to deferred or neglected maintenance</li><li>Damage from an overflowing sink or tub</li><li>Damage from the sudden malfunction of an appliance like a washing machine (the appliance itself is not covered)</li><li>Damage if a hose breaks or leaks</li><li>Damage from heavy rainfall</li><li>Damage after a fire (from water used to put out the fire)</li><li>Damage from a roof leak</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Water damage coverage for roof leaks</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on the cause of the roof leak, your homeowners insurance may or may not pay for repairs. In most cases, if an unavoidable event, such as a strong storm, caused your roof to leak, you are likely covered. However, should your roof leak because it\'s old and neglected, then you will likely be responsible for repairing any damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"State Farm evaluates each claim on a case-by-case basis,\" says Angie Harrier, a spokeswoman for State Farm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Homeowners insurance coverage for mold</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Mold is one of the worst byproducts of water damage.&nbsp; As with roof leaks, the source of the mold determines whether or not it is covered. If mold is the result of something that\'s covered, such as a burst pipe, then your insurance should pay for remediation. However, if mold is the result of failure to properly maintain your property, your homeowners insurance won\'t cover it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Mold caused by water from excessive humidity, leaks, condensation or flooding is a maintenance issue for the property owner,\" says Loretta Worters, vice president of media relations for the Insurance Information Institute.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re worried about mold, you might be able to add a mold insurance policy endorsement for expanded coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s important to remove mold before it grows large enough to be a health or other hazard, Worters says. \"Caught early, mold usually can be removed by cleaning thoroughly with a solution of bleach and water.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Is water damage from burst pipes due to power outage covered?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If the power goes out and your pipes freeze and burst causing water damage, home insurance will cover it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"If you are without power or water, there are concerns about frozen pipes which can burst and flood, which I have heard has been a big issue in Texas. There is coverage for burst pipes, as long as they were properly maintained,\" Worters says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">But while damage caused by the frozen pipes would be covered, including any personal property that might get ruined, the actual pipe itself would not be covered in the claim, only the damages, says Brad Harrell, owner and agent at the Harrell Insurance Agency, based in Fort Worth, Texas. \"The same goes for any other types of water claims, for example when a water heater bursts,\" he says. \"The water heater wouldn\'t be covered, but damage caused by the burst would be, flooring, walls, personal property and so on.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_type_of_water_damage_is_not_covered_by_homeowners_insurance\">What type of water damage is not covered by homeowners insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong><br></strong>There are several types of damage that are not covered by standard home insurance. Most can be added as an endorsement or, in the case of flood insurance, purchased as a standalone policy. Here\'s what\'s not generally covered:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Flooding, including rivers or lakes overflowing their banks or a storm surge from a hurricane</li><li>Damage due to lack of maintenance and repairs to the structure and property</li><li>Sewer back ups</li><li>Mold that is not the direct result of a covered claim</li><li>Seepage or leaks through the foundation</li><li>Sump pump failure</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Generally speaking, water that comes from the top down, such as rainfall, is covered by a standard homeowners insurance policy. Water that comes from the bottom up, such as an overflowing river, is not unless you have a separate flood insurance policy,\" says Worters.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Flood damage and homeowners insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood protection is not part of a standard home insurance policy. However, you can buy flood insurance from the federal government\'s National Flood Insurance Program, (NFIP) or from some private insurers. If you live in a flood-prone area, your mortgage company may require you to buy flood insurance. Flood-prone areas have a one in four chance of flooding during your 30-year mortgage, according to NFIP.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Home insurance for sewer and drain backups</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many homeowners insurance policies don\'t cover sewer backups, according to Worters. \"However, you can purchase a sewer backup rider for a homeowners or renters policy for about an additional $50 a year,\" she says. The limits on such policies vary according to the insurer.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_insurance_cover_additional_living_expenses_from_water_damage_or_flooding\">Does insurance cover additional living expenses from water damage or flooding?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, if your home has water damage from a roof leak or burst pipe, and you need to live elsewhere while your home is being repaired, the additional living expenses portion of your policy (also called loss of use coverage) will cover extra costs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Most homeowners insurance policies provide coverage for additional living expenses incurred if your home is uninhabitable during repairs. The insurance company will cover expenses like a hotel or dining out that are the result of the loss. However, this coverage only applies if the reason for the water damage is covered by the insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re displaced from your home because of flood damage, you\'re not covered for additional living expenses, even if you have flood insurance from the NFIP. If you have a flood insurance policy from a private company, however, it will likely include loss of use coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">FEMA can help impacted homeowners and renters with alternative living expenses if the president issues a major disaster declaration and homes are uninhabitable.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_renters_insurance_cover_water_damage\">Does renters insurance cover water damage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Renters insurance covers your personal belongings damaged by water --- it does not cover damage to the dwelling structure, that’s covered by your landlord’s policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Like homeowners, renters insurance doesn’t cover all types of water damage. If your sink, tub or washing machine accidentally overflows, or an air conditioner leaks, it’s covered. But if there’s a sewer backup or the damage is related to flooding, it won’t be covered, unless you add the additional peril or rider to your renters insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Renters insurance also covers damage to your belongings due to frozen water in pipes, as well as damage from accidental water or steam overflow from plumbing, radiator and cooling systems.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additionally, if you’re at fault, renters insurance helps to pay for water damage you cause to neighboring units. However, if your landlord was negligent in maintaining the unit and was responsible for the water leak, your insurance company would likely try to get the money for repairs from your landlord’s insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_do_I_file_a_water_damage_insurance_claim\">How do I file a water damage insurance claim?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As with any claim, the first step to filing a water damage claim is to contact your insurance company. You\'ll provide the company with some basic information, and they will assign the loss to an adjuster.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The adjuster will assess the damage and determine whether or not it\'s covered.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Water damage insurance claim tips:</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Do whatever you can to prevent further damage from the water, including shutting off the water main, covering holes in the roof or windows and soaking up as much of the water as you can,</li><li>Take photographs, especially if you need to make temporary repairs. It will help if you can provide any receipts to your insurance company for the items that were damaged by the water.</li><li>The choice of contractor is typically yours, so get several quotes. However, your insurance company may recommend contractors.&nbsp;</li><li>Keep all receipts for additional living expenses so you can be fully reimbursed.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How to get insurance to pay for water damage</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If the water damage is specifically excluded from your policy, you are unlikely to have much luck getting the insurance company to pay. However, if you believe it should be covered and the claim is being denied or you are being offered too little, you do have options.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">First, you can appeal the claim, following the steps outlined in your policy. If that doesn\'t work you might need outside help from a lawyer or a public adjuster.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are a few tips to make a water damage claim easier:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Know what’s covered by your insurance policy. You will have a better time appealing the claim if you understand your coverage and can point to the policy to prove the damage should be covered.</li><li>Document everything. The more proof you have to present to the insurance company, the easier the process will be.</li><li>Prevent further damage. You have an obligation to mitigate the water damage, and this will make the claim amount smaller and the insurance company less likely to fight it.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_previous_water_damage_impact_home_insurance_quotes\">Does previous water damage impact home insurance quotes?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"A claim for water damage triggers concerns by insurers largely because of the costs of eliminating mold,\" Worters says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Plumbing problems that lead to water damage can be a red-flag for insurers, particularly if the problems continue and result in more claims, she says. \"If the damage involves broken pipes or leaky windows, fix the problem,\" Worters says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you don\'t, you may be considered a high risk because you don\'t maintain your property and your future rates could increase. If you’ve made a water damage claim, carefully research ways to reduce your premium costs when buying homeowners insurance 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://www.insurance.com/home-and-renters-insurance/natural-disasters/water-damage-insurance.aspx\">click here.</a></p>\n<!-- /wp:paragraph -->','Does homeowners insurance cover water damage?','','inherit','closed','closed','','3222-revision-v1','','','2023-05-30 02:27:38','2023-05-30 02:27:38','',3222,'http://smartinsurance.tips/?p=3224',0,'revision','',0),(3225,1,'2023-05-30 02:36:53','2023-05-30 02:36:53','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance covers swimming pools, both for damage and for the liability risk. Make sure your insurer knows that there is a pool on your property, whether above ground or below ground.</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\":3226,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-15.png\" alt=\"\" class=\"wp-image-3226\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether you\'re buying a home with a pool or adding a new one in your backyard, you need to make sure your home insurance company knows. A homeowners insurance policy will cover you for the risks associated with a pool, but you might want to tweak some coverage,</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A pool is both an expensive investment and a liability risk, so you need to make sure you have enough coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Swimming pools are covered by homeowners insurance, but if you install a new one you need to inform your insurer.</li><li>Increase your liability coverage if you have a pool in case someone is injured while swimming.</li><li>An in-ground pool is covered under other structures coverage, but an above-ground pool may be considered personal property.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_homeowners_insurance_cover_a_pool\">Does homeowners insurance cover a pool?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Pools are usually covered under the “other structures” portion of your home insurance policies. Homeowners insurance typically covers other structures up to 10% of your dwelling coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your home is insured for $300,000, your other structures coverage would be $30,000. You can increase other structures coverage for an added cost if 10% is not enough. The cost to increase other structures coverage is usually minimal (about $5 per $1,000 of coverage).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A pool creates an increased risk of injury on your property. The homeowner is responsible for anyone who uses it – even a stranger who decides to jump the fence and cool off in your pool.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The liability portion of your insurance policy will cover you if something goes wrong in your pool, but you have to inform the insurance company that the home has a pool, or a claim could be denied.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The standard liability coverage on a homeowners policy is $100,000. Expert recommend increasing that to at least $300,000, but with a pool it\'s wise to increase that coverage even higher.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you want even more coverage, you could purchase an umbrella liability policy. Umbrella insurance covers you above and beyond the limits of the home insurance policy, and starts at $1 million.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_are_the_requirements_for_swimming_pool_insurance_coverage\">What are the requirements for swimming pool insurance coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Insurers require that pools are in compliance with local regulations, such as having a fence to keep people from entering the yard. If you don\'t have the correct requirements in place, your insurer could refuse to cover the pool.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You’ll also want to check with your insurance company about whether pools with slides and diving boards are excluded from your home insurance policy. Some insurers do not provide liability coverage for injuries involving a diving board or slide.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_type_of_swimming_pool_damage_is_covered_by_insurance\">What type of swimming pool damage is covered by insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance policies usually cover pool damage caused by:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Trees falling</li><li>Vandalism</li><li>Storms</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance doesn’t typically cover pool damage caused by:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Neglect, such as leaving water in the pool over the winter, which can cause cracks</li><li>Wear and tear, such as foundation cracks and lining rips</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s important to note that some detached structures are covered at replacement cost. This means the policy will pay to repair or replace the building. However, other structures that are not buildings, such pools, will be covered at actual cash value, which takes into account depreciation and age. In that case, you’re not going to get what the item was originally worth. In other words, you will likely not get the full value for your $20,000 in-ground pool if it’s damaged.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While in-ground pools are covered under the other structures portion, your insurer may consider above-ground pools personal property. The company may view an above-ground pool as not being a permanent structure because it can be removed and installed somewhere else.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In that case, your above-ground pool would be covered under personal property, which is the same as furniture and jewelry. Check with your insurance company to see if there is a claim limit for swimming pools. If there is a limit, you may want to purchase additional coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Avoid_a_swimming_pool_liability_claim\">Avoid a swimming pool liability claim</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Pools are a great way to stay cool and have fun, but they are also risky.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once you have your insurance squared away and it’s time to use your pool, you will need to be extra vigilant when children are in the pool. The U.S. Consumer Product Safety Commission offers these pool safety tips for parents:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Stay within arm’s reach at all times in and around the pool.</li><li>Assign an adult water watcher.</li><li>Fence your pool with a four-foot or taller fence with self-closing or self-latching gates.</li><li>Install pool and gate alarms.</li><li>Learn how to swim.</li><li>Learn CPR.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.insurance.com/home-and-renters-insurance/coverage/new-pool-your-homeowners-policy.aspx\">click here.</a></p>\n<!-- /wp:paragraph -->','Does homeowners insurance cover swimming pools?','','publish','closed','closed','','does-homeowners-insurance-cover-swimming-pools','','','2023-05-30 02:36:53','2023-05-30 02:36:53','',0,'http://smartinsurance.tips/?p=3225',0,'post','',0),(3226,1,'2023-05-30 02:33:02','2023-05-30 02:33:02','','My-project-1-15','','inherit','closed','closed','','my-project-1-15','','','2023-05-30 02:33:02','2023-05-30 02:33:02','',3225,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-15.png',0,'attachment','image/png',0),(3227,1,'2023-05-30 02:36:53','2023-05-30 02:36:53','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance covers swimming pools, both for damage and for the liability risk. Make sure your insurer knows that there is a pool on your property, whether above ground or below ground.</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\":3226,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-15.png\" alt=\"\" class=\"wp-image-3226\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Whether you\'re buying a home with a pool or adding a new one in your backyard, you need to make sure your home insurance company knows. A homeowners insurance policy will cover you for the risks associated with a pool, but you might want to tweak some coverage,</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A pool is both an expensive investment and a liability risk, so you need to make sure you have enough coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Swimming pools are covered by homeowners insurance, but if you install a new one you need to inform your insurer.</li><li>Increase your liability coverage if you have a pool in case someone is injured while swimming.</li><li>An in-ground pool is covered under other structures coverage, but an above-ground pool may be considered personal property.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_homeowners_insurance_cover_a_pool\">Does homeowners insurance cover a pool?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Pools are usually covered under the “other structures” portion of your home insurance policies. Homeowners insurance typically covers other structures up to 10% of your dwelling coverage. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your home is insured for $300,000, your other structures coverage would be $30,000. You can increase other structures coverage for an added cost if 10% is not enough. The cost to increase other structures coverage is usually minimal (about $5 per $1,000 of coverage).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A pool creates an increased risk of injury on your property. The homeowner is responsible for anyone who uses it – even a stranger who decides to jump the fence and cool off in your pool.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The liability portion of your insurance policy will cover you if something goes wrong in your pool, but you have to inform the insurance company that the home has a pool, or a claim could be denied.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The standard liability coverage on a homeowners policy is $100,000. Expert recommend increasing that to at least $300,000, but with a pool it\'s wise to increase that coverage even higher.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you want even more coverage, you could purchase an umbrella liability policy. Umbrella insurance covers you above and beyond the limits of the home insurance policy, and starts at $1 million.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_are_the_requirements_for_swimming_pool_insurance_coverage\">What are the requirements for swimming pool insurance coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Insurers require that pools are in compliance with local regulations, such as having a fence to keep people from entering the yard. If you don\'t have the correct requirements in place, your insurer could refuse to cover the pool.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You’ll also want to check with your insurance company about whether pools with slides and diving boards are excluded from your home insurance policy. Some insurers do not provide liability coverage for injuries involving a diving board or slide.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_type_of_swimming_pool_damage_is_covered_by_insurance\">What type of swimming pool damage is covered by insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance policies usually cover pool damage caused by:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Trees falling</li><li>Vandalism</li><li>Storms</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance doesn’t typically cover pool damage caused by:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Neglect, such as leaving water in the pool over the winter, which can cause cracks</li><li>Wear and tear, such as foundation cracks and lining rips</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s important to note that some detached structures are covered at replacement cost. This means the policy will pay to repair or replace the building. However, other structures that are not buildings, such pools, will be covered at actual cash value, which takes into account depreciation and age. In that case, you’re not going to get what the item was originally worth. In other words, you will likely not get the full value for your $20,000 in-ground pool if it’s damaged.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While in-ground pools are covered under the other structures portion, your insurer may consider above-ground pools personal property. The company may view an above-ground pool as not being a permanent structure because it can be removed and installed somewhere else.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In that case, your above-ground pool would be covered under personal property, which is the same as furniture and jewelry. Check with your insurance company to see if there is a claim limit for swimming pools. If there is a limit, you may want to purchase additional coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Avoid_a_swimming_pool_liability_claim\">Avoid a swimming pool liability claim</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Pools are a great way to stay cool and have fun, but they are also risky.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once you have your insurance squared away and it’s time to use your pool, you will need to be extra vigilant when children are in the pool. The U.S. Consumer Product Safety Commission offers these pool safety tips for parents:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Stay within arm’s reach at all times in and around the pool.</li><li>Assign an adult water watcher.</li><li>Fence your pool with a four-foot or taller fence with self-closing or self-latching gates.</li><li>Install pool and gate alarms.</li><li>Learn how to swim.</li><li>Learn CPR.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.insurance.com/home-and-renters-insurance/coverage/new-pool-your-homeowners-policy.aspx\">click here.</a></p>\n<!-- /wp:paragraph -->','Does homeowners insurance cover swimming pools?','','inherit','closed','closed','','3225-revision-v1','','','2023-05-30 02:36:53','2023-05-30 02:36:53','',3225,'http://smartinsurance.tips/?p=3227',0,'revision','',0),(3228,1,'2023-05-30 02:43:41','2023-05-30 02:43:41','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance doesn\'t cover flooding; you will need a flood insurance policy to provide any coverage. Flood insurance is available through the National Flood Insurance Program as well as private insurers. Make sure you get the right coverage buy understanding your needs and how flood insurance works.</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\":3229,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-16.png\" alt=\"\" class=\"wp-image-3229\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A standard homeowners insurance policy excludes damage. You\'ll need flood insurance to protect your home in the event of a flood. In most cases, your mortgage lender will require that you carry flood insurance if your home is located in a high-risk area.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance is written through the National Flood Insurance Program (NFIP), but coverage is also available through private insurers. Most people don\'t know much about how flood insurance works, and after a winter of record snowfall and atmospheric rivers pounding California, many people who didn\'t think about flood insurance before may be looking to buy a policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here you\'ll find answers to some of the most common questions about flood insurance and expert flood insurance advice to get you on the right track.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Homeowners insurance does not cover flood damage; you will need a separate policy to protect your home.</li><li>You should consider buying flood insurance if you live in a flood prone area, or a region prone to hurricanes, and you may be required to buy it by your mortgage company.</li><li>You can purchase flood insurance through the National Flood Insurance Program (NFIP) as well as private insurance companies.</li><li>The cost of flood insurance varies depending on the location of your home and whether you use a private insurance or NFIP policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"1_How_much_does_flood_insurance_cost\">1. How much does flood insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The cost of flood insurance can vary dramatically depending on where your home is located and whether you use a NFIP policy or private insurance. FEMA recently released changes to flood insurance rating that will affect many homeowners at renewal time.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance rates can range from a few hundred dollars a year into the thousands.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s important to remember that NFIP policies come with some pretty heavy restrictions. Coverage limits of $250,000 mean that many homeowners will have to supplement their NFIP policy with private flood insurance in order to be fully covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Private flood insurance prices can also vary widely and for high-risk properties the premium is often a shock. As an example, to insure a house in Miami Beach, which is in the highest risk “V” zone, with a policy for $300,000 in building coverage combined with $100,000 in personal property and a $2,000 deductible can cost close to $20,000 annually.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you move the same house to a low risk “A” zone that premium drops down to $3,714. This clearly illustrates how dramatically location can impact your premium.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Craig Poulton, CEO of Poulton Associates, which administers the Natural Catastrophe Insurance Program (NCIP), one of the country\'s largest private flood insurance programs, offers this rudimentary estimate for private primary flood insurance policies that would serve in place of an NFIP policy,</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">“The price range based on actual exposure to flooding in rough terms could be seen as being approximately $.05 per hundred dollars in value for risks that are located in extremely low hazard areas up to risks that would not be accepted at any price by a logical insurer, such as risks which are experiencing flooding virtually every year. Risks, which are located in more highly exposed areas will usually see rates between $.30 per hundred and $.90 per hundred depending on how severe the exposure is,” Poulton says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"2_Do_I_need_flood_insurance\">2. Do I need flood insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to flood insurance, location is the number one consideration. If you live in a flood prone area, or a region prone to hurricanes, you should absolutely consider flood insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Most homeowners policies do not include coverage for damage due to flooding caused by storms, the overflow of rivers and other bodies of water, or other natural disasters,\" says Ann E. Myhr, Senior Director of Knowledge Resources at The Institutes. This makes flood insurance a must have to fully protect your home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Purchasing flood insurance should always be considered as part of an overall insurance program. Those living in areas of a high flooding hazard that carry a mortgage on their property would be required by their lender to purchase and maintain flood insurance. Otherwise, the decision to carry flood insurance is optional, but important to consider,\" Myhr. says</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Brad Goldsberry, with The Nate Bingel Agency in Northglenn, CO, suggests answering these questions about your property when considering flood insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Has your property ever flooded?</li><li>Are you located in a 100-year flood plain?</li><li>Do you have a basement?</li><li>What\'s your risk tolerance?</li><li>Can you afford flood insurance?</li><li>Can you afford to not have it?</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While flood insurance can be sort of pricey, especially if your home is on a waterfront, it can be a financial lifesaver if your home is severely damaged or destroyed by flooding.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"3_Where_do_I_buy_flood_insurance\">3. Where do I buy flood insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to flood insurance, there are only two choices and one comes with pretty significant limitations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">NFIP is the main player in flood insurance. \"Flood insurance is backed by the federal government through the Federal Emergency Management Agency (FEMA). FEMA does not write flood insurance directly, policies must be written through a licensed insurance agent. These policies are guaranteed by the government as they pay for the losses if something were to happen,\" advises Goldsberry.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Myhr offers the following tips when shopping for flood insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>The FEMA website is a good source of information on flood insurance requirements. This site includes an interactive map that indicates areas that are more prone to flooding than other areas and consumers can enter their address to assess their individual exposure to flooding.</li><li>In order to be eligible for NFIP coverage, the property must be located in a participating community. This information is also available on the website.</li><li>There are limitations to NFIP policies. The NFIP provides building coverage for dwellings up to $250,000 and contents coverage up to $100,000. NFIP policies include a 30-day waiting period for newly issued policies.</li><li>Private flood insurance is another option. In many cases, it offers more robust coverage options. Private flood insurance enables property owners to supplement or replace the NFIP product, providing coverage that homeowners expect from their homeowners policies for exposures, such as outdoor property, detached structures, swimming pools, and basements.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"4_What_coverage_levels_do_you_need\">4. What coverage levels do you need?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance, like all homeowners insurance, protects your home up to the coverage levels you choose. The main issue with NFIP policies is that the top coverage level is only $250,000. So, if your home will cost more than $250,000 to rebuild, you will be paying the difference out of your own pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Private flood insurance policies offer much higher limits. \"Private flood insurance policies can often write coverage up to $2 million with personal property coverage of $1 million,\" says Roger Desjadon of Florida Peninsula Insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Compared to the NFIP, private market insurers are able to offer higher limits of coverage in excess of $250,000 as well as broader coverage for other structures on your property,\" says Thomas L. Santamorena, an insurance agent in San Francisco.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The bottom line is that yo need to consider the private flood insurance market if your home is worth more than $250,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"5_Will_flood_insurance_cover_personal_property_in_your_basement\">5. Will flood insurance cover personal property in your basement?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Surprisingly, in most cases, flood insurance doesn\'t cover damage to your basement or any personal property that is stored in the basement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"The NFIP Dwelling Form excludes coverage for items located below the lowest elevated floor or in a basement. There are some exceptions for heating or cooling equipment permanently installed and connected to a power source,\" Myhr. says</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"The purpose of this exclusion is to mitigate costs by encouraging homeowners to avoid storing property in areas of the home that are most likely to suffer flood damage,\" she says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s not just basements that are excluded. \"Swimming pools including related equipment, such as pumps or filters as well as outdoor hot tubs and spas that are not considered bathroom fixtures, are also not covered,\" Myhr says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"6_Does_flood_insurance_cover_additional_living_expenses\">6. Does flood insurance cover additional living expenses?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses coverage helps pay for costs that are related to moving out of your home if it is destroyed or too damaged to live in during the repairs. It covers costs, such as hotel bills, restaurants, laundry, and even dry cleaning until you can move back into your home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Unfortunately, flood insurance from the NFIP doesn\'t cover additional living expenses. However, private flood insurance often does.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"7_What_are_flood_insurance_personal_property_coverage_limits\">7. What are flood insurance personal property coverage limits?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Personal property coverage will help replace your personal belongings that are damaged or destroyed due to flooding. While all homeowner policies have coverage limits when it comes to personal property, it\'s usually a percentage of your home\'s total coverage amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance that is purchased through the NFIP caps all personal property at $100,000. That may seem like a generous amount. However, if your home is completely destroyed and you had to replace all of your worldly possessions, $100,000 may not go that far.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In addition to coverage caps, NFIP policies insure personal property at actual cash value (ACV), which takes depreciation into account when determining the value of your property. This means that your 10-year TV will be worth almost nothing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance in the private market often has much higher limits. \"As an example, policies with Florida Peninsula offer personal property coverage up to $1 million,\" Desjadon says. In addition to higher personal property limits, private flood insurance also offers replacement value coverage, which will replace your property with similar quality products, regardless of cost or depreciation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"8_What_is_the_flood_insurance_waiting_period\">8. What is the flood insurance waiting period?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">NFIP policies require a 30-day waiting period from payment for the policy to when the policy goes into effect. However, there are a couple of exemptions:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>New loans:</strong>&nbsp;According to the NFIP website, \"If the initial purchase of flood insurance is in connection with the making, increasing, extending, or renewing of a loan, there is no waiting period. Coverage becomes effective at the time of the loan, provided application and payment of premium is made at or prior to loan closing.\"</li><li><strong>Revised flood maps:</strong>&nbsp;The NFIP site says, \"If the initial purchase of flood insurance is made during the 13-month period following the effective date of a revised flood map for a community, there is a 1-day waiting period.\"</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Final_tips_for_buying_flood_insurance\">Final tips for buying flood insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are a few final tips regarding flood insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>\"Tenants in apartment buildings and condominium owners are not covered for flood damage to any personal property under their landlords\' or condominium association insurance. It is important to consider purchasing separate coverage for such property under a flood insurance policy, particularly if the property is in a high-hazard location, such as coastal areas or lakefront property,\" Myhr says.</li><li>\"Insurance policies do not cover all of the possible financial impacts resulting from a flood or other loss, such as a fire or windstorm. Consumers should have a contingency fund in place to pay for deductibles and other costs related to an unanticipated event,\" Myhr. says</li><li>The most important misconception with flood insurance is that purchasing a policy means \"everything is covered\". A standard flood insurance policy was developed with the intention of restoring a home to \'livable\' conditions - a warm, dry place that is safe to live. It will help with the most important elements of the loss, but it is not as comprehensive as a homeowners insurance policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.insurance.com/buying-flood-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','8 Questions to Ask When Buying Flood Insurance','','publish','closed','closed','','8-questions-to-ask-when-buying-flood-insurance','','','2023-05-30 02:43:41','2023-05-30 02:43:41','',0,'http://smartinsurance.tips/?p=3228',0,'post','',0),(3229,1,'2023-05-30 02:38:32','2023-05-30 02:38:32','','My-project-1-16','','inherit','closed','closed','','my-project-1-16','','','2023-05-30 02:38:32','2023-05-30 02:38:32','',3228,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-16.png',0,'attachment','image/png',0),(3230,1,'2023-05-30 02:43:41','2023-05-30 02:43:41','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance doesn\'t cover flooding; you will need a flood insurance policy to provide any coverage. Flood insurance is available through the National Flood Insurance Program as well as private insurers. Make sure you get the right coverage buy understanding your needs and how flood insurance works.</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\":3229,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-16.png\" alt=\"\" class=\"wp-image-3229\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A standard homeowners insurance policy excludes damage. You\'ll need flood insurance to protect your home in the event of a flood. In most cases, your mortgage lender will require that you carry flood insurance if your home is located in a high-risk area.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance is written through the National Flood Insurance Program (NFIP), but coverage is also available through private insurers. Most people don\'t know much about how flood insurance works, and after a winter of record snowfall and atmospheric rivers pounding California, many people who didn\'t think about flood insurance before may be looking to buy a policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here you\'ll find answers to some of the most common questions about flood insurance and expert flood insurance advice to get you on the right track.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Homeowners insurance does not cover flood damage; you will need a separate policy to protect your home.</li><li>You should consider buying flood insurance if you live in a flood prone area, or a region prone to hurricanes, and you may be required to buy it by your mortgage company.</li><li>You can purchase flood insurance through the National Flood Insurance Program (NFIP) as well as private insurance companies.</li><li>The cost of flood insurance varies depending on the location of your home and whether you use a private insurance or NFIP policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"1_How_much_does_flood_insurance_cost\">1. How much does flood insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The cost of flood insurance can vary dramatically depending on where your home is located and whether you use a NFIP policy or private insurance. FEMA recently released changes to flood insurance rating that will affect many homeowners at renewal time.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance rates can range from a few hundred dollars a year into the thousands.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s important to remember that NFIP policies come with some pretty heavy restrictions. Coverage limits of $250,000 mean that many homeowners will have to supplement their NFIP policy with private flood insurance in order to be fully covered.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Private flood insurance prices can also vary widely and for high-risk properties the premium is often a shock. As an example, to insure a house in Miami Beach, which is in the highest risk “V” zone, with a policy for $300,000 in building coverage combined with $100,000 in personal property and a $2,000 deductible can cost close to $20,000 annually.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you move the same house to a low risk “A” zone that premium drops down to $3,714. This clearly illustrates how dramatically location can impact your premium.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Craig Poulton, CEO of Poulton Associates, which administers the Natural Catastrophe Insurance Program (NCIP), one of the country\'s largest private flood insurance programs, offers this rudimentary estimate for private primary flood insurance policies that would serve in place of an NFIP policy,</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">“The price range based on actual exposure to flooding in rough terms could be seen as being approximately $.05 per hundred dollars in value for risks that are located in extremely low hazard areas up to risks that would not be accepted at any price by a logical insurer, such as risks which are experiencing flooding virtually every year. Risks, which are located in more highly exposed areas will usually see rates between $.30 per hundred and $.90 per hundred depending on how severe the exposure is,” Poulton says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"2_Do_I_need_flood_insurance\">2. Do I need flood insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to flood insurance, location is the number one consideration. If you live in a flood prone area, or a region prone to hurricanes, you should absolutely consider flood insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Most homeowners policies do not include coverage for damage due to flooding caused by storms, the overflow of rivers and other bodies of water, or other natural disasters,\" says Ann E. Myhr, Senior Director of Knowledge Resources at The Institutes. This makes flood insurance a must have to fully protect your home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Purchasing flood insurance should always be considered as part of an overall insurance program. Those living in areas of a high flooding hazard that carry a mortgage on their property would be required by their lender to purchase and maintain flood insurance. Otherwise, the decision to carry flood insurance is optional, but important to consider,\" Myhr. says</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Brad Goldsberry, with The Nate Bingel Agency in Northglenn, CO, suggests answering these questions about your property when considering flood insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Has your property ever flooded?</li><li>Are you located in a 100-year flood plain?</li><li>Do you have a basement?</li><li>What\'s your risk tolerance?</li><li>Can you afford flood insurance?</li><li>Can you afford to not have it?</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">While flood insurance can be sort of pricey, especially if your home is on a waterfront, it can be a financial lifesaver if your home is severely damaged or destroyed by flooding.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"3_Where_do_I_buy_flood_insurance\">3. Where do I buy flood insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to flood insurance, there are only two choices and one comes with pretty significant limitations.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">NFIP is the main player in flood insurance. \"Flood insurance is backed by the federal government through the Federal Emergency Management Agency (FEMA). FEMA does not write flood insurance directly, policies must be written through a licensed insurance agent. These policies are guaranteed by the government as they pay for the losses if something were to happen,\" advises Goldsberry.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Myhr offers the following tips when shopping for flood insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>The FEMA website is a good source of information on flood insurance requirements. This site includes an interactive map that indicates areas that are more prone to flooding than other areas and consumers can enter their address to assess their individual exposure to flooding.</li><li>In order to be eligible for NFIP coverage, the property must be located in a participating community. This information is also available on the website.</li><li>There are limitations to NFIP policies. The NFIP provides building coverage for dwellings up to $250,000 and contents coverage up to $100,000. NFIP policies include a 30-day waiting period for newly issued policies.</li><li>Private flood insurance is another option. In many cases, it offers more robust coverage options. Private flood insurance enables property owners to supplement or replace the NFIP product, providing coverage that homeowners expect from their homeowners policies for exposures, such as outdoor property, detached structures, swimming pools, and basements.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"4_What_coverage_levels_do_you_need\">4. What coverage levels do you need?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance, like all homeowners insurance, protects your home up to the coverage levels you choose. The main issue with NFIP policies is that the top coverage level is only $250,000. So, if your home will cost more than $250,000 to rebuild, you will be paying the difference out of your own pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Private flood insurance policies offer much higher limits. \"Private flood insurance policies can often write coverage up to $2 million with personal property coverage of $1 million,\" says Roger Desjadon of Florida Peninsula Insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Compared to the NFIP, private market insurers are able to offer higher limits of coverage in excess of $250,000 as well as broader coverage for other structures on your property,\" says Thomas L. Santamorena, an insurance agent in San Francisco.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The bottom line is that yo need to consider the private flood insurance market if your home is worth more than $250,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"5_Will_flood_insurance_cover_personal_property_in_your_basement\">5. Will flood insurance cover personal property in your basement?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Surprisingly, in most cases, flood insurance doesn\'t cover damage to your basement or any personal property that is stored in the basement.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"The NFIP Dwelling Form excludes coverage for items located below the lowest elevated floor or in a basement. There are some exceptions for heating or cooling equipment permanently installed and connected to a power source,\" Myhr. says</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"The purpose of this exclusion is to mitigate costs by encouraging homeowners to avoid storing property in areas of the home that are most likely to suffer flood damage,\" she says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s not just basements that are excluded. \"Swimming pools including related equipment, such as pumps or filters as well as outdoor hot tubs and spas that are not considered bathroom fixtures, are also not covered,\" Myhr says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"6_Does_flood_insurance_cover_additional_living_expenses\">6. Does flood insurance cover additional living expenses?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Additional living expenses coverage helps pay for costs that are related to moving out of your home if it is destroyed or too damaged to live in during the repairs. It covers costs, such as hotel bills, restaurants, laundry, and even dry cleaning until you can move back into your home.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Unfortunately, flood insurance from the NFIP doesn\'t cover additional living expenses. However, private flood insurance often does.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"7_What_are_flood_insurance_personal_property_coverage_limits\">7. What are flood insurance personal property coverage limits?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Personal property coverage will help replace your personal belongings that are damaged or destroyed due to flooding. While all homeowner policies have coverage limits when it comes to personal property, it\'s usually a percentage of your home\'s total coverage amount.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance that is purchased through the NFIP caps all personal property at $100,000. That may seem like a generous amount. However, if your home is completely destroyed and you had to replace all of your worldly possessions, $100,000 may not go that far.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In addition to coverage caps, NFIP policies insure personal property at actual cash value (ACV), which takes depreciation into account when determining the value of your property. This means that your 10-year TV will be worth almost nothing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Flood insurance in the private market often has much higher limits. \"As an example, policies with Florida Peninsula offer personal property coverage up to $1 million,\" Desjadon says. In addition to higher personal property limits, private flood insurance also offers replacement value coverage, which will replace your property with similar quality products, regardless of cost or depreciation.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"8_What_is_the_flood_insurance_waiting_period\">8. What is the flood insurance waiting period?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">NFIP policies require a 30-day waiting period from payment for the policy to when the policy goes into effect. However, there are a couple of exemptions:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>New loans:</strong>&nbsp;According to the NFIP website, \"If the initial purchase of flood insurance is in connection with the making, increasing, extending, or renewing of a loan, there is no waiting period. Coverage becomes effective at the time of the loan, provided application and payment of premium is made at or prior to loan closing.\"</li><li><strong>Revised flood maps:</strong>&nbsp;The NFIP site says, \"If the initial purchase of flood insurance is made during the 13-month period following the effective date of a revised flood map for a community, there is a 1-day waiting period.\"</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Final_tips_for_buying_flood_insurance\">Final tips for buying flood insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are a few final tips regarding flood insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>\"Tenants in apartment buildings and condominium owners are not covered for flood damage to any personal property under their landlords\' or condominium association insurance. It is important to consider purchasing separate coverage for such property under a flood insurance policy, particularly if the property is in a high-hazard location, such as coastal areas or lakefront property,\" Myhr says.</li><li>\"Insurance policies do not cover all of the possible financial impacts resulting from a flood or other loss, such as a fire or windstorm. Consumers should have a contingency fund in place to pay for deductibles and other costs related to an unanticipated event,\" Myhr. says</li><li>The most important misconception with flood insurance is that purchasing a policy means \"everything is covered\". A standard flood insurance policy was developed with the intention of restoring a home to \'livable\' conditions - a warm, dry place that is safe to live. It will help with the most important elements of the loss, but it is not as comprehensive as a homeowners insurance policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.insurance.com/buying-flood-insurance\">click here.</a></p>\n<!-- /wp:paragraph -->','8 Questions to Ask When Buying Flood Insurance','','inherit','closed','closed','','3228-revision-v1','','','2023-05-30 02:43:41','2023-05-30 02:43:41','',3228,'http://smartinsurance.tips/?p=3230',0,'revision','',0),(3231,1,'2023-05-30 02:54:09','2023-05-30 02:54:09','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard homeowners insurance doesn\'t cover earthquake damage. See what earthquake insurance costs in California, Seattle, Oklahoma and elsewhere.</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\":3232,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-18.png\" alt=\"\" class=\"wp-image-3232\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance doesn\'t cover earthquake damage on a standard policy. You will need a separate earthquake insurance policy or an endorsement on your home insurance to repair any damage resulting from an earthquake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Do you need earthquake insurance? Although earthquakes can and do happen everywhere, not everyone needs an earthquake insurance endorsement or policy. Here, we\'ll cover everything you need to know to make an informed decision on earthquake insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_earthquake_insurance_cover\">What does earthquake insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard homeowners insurance policies generally don\'t cover damage from earthquakes. Earth movement in general is excluded. Most insurance companies in areas where earthquakes are a risk offer either a separate policy or an endorsement you can add on to your policy. Here are some things covered by earthquake insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Earthquake damage to the home or other structures on the property</li><li>Earthquake damage done to personal property</li><li>Additional living expenses if earthquake damages make your home temporarily uninhabitable</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Like your standard home policy, you will have to pay an earthquake deductible when you file a claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake policies can differ from company to company and state to state. Some may even define the word \"earthquake\" differently.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, a landslide or sinkhole can do similar damage and can involve foundation damage from land movement – but they certainly aren\'t earthquakes. That said, some policies may cover all of those types of earth movements, while some policies may only cover an earthquake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Be sure to ask your agent questions, like:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Are all types of earth movements (earthquakes, sinkholes or landslides) covered? Are man-caused quakes covered? (i.e., if a nearby explosion causes the earth to shake, and your house is damaged, are you covered?)</li><li>Will the policy cover the cost to stabilize land beneath the home? After all, maybe the ground underneath your home needs repairing as well.</li><li>Does your coverage include replacing the structure, contents, landscaping, and outdoor items, such as swimming pools, hot tubs or fences?</li><li>Are alternate living costs covered if your home is not inhabitable?</li><li>Does the earthquake policy pay the costs of meeting updated building codes?</li><li>Does the policy cover repair to brick, stone or rock veneer? Some don\'t.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_not_covered_by_earthquake_insurance\">What is not covered by earthquake insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake damage can have a domino effect.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The actual earth movement may cause damage like foundation cracking, or it may cause damage that leads to other damage like explosions, fires, trees falling or even flooding from a resulting tsunami.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a tsunami occurs after an earthquake that floods your area and causes external water damage, earthquake insurance will not cover those damages. Instead, you\'d need a flood insurance policy for coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If an earthquake causes damage that is already covered under a separate policy, the other policy will kick in for coverage. In other words, earthquake insurance will not cover things you have already covered under another insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if an earthquake ruptured a gas line and caused a fire, your homeowners policy would cover the fire damage. Similarly, if a tree falls on your vehicle due to an earthquake, your auto insurance policy would cover the damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong><em>Expert tip:</em></strong> As usual, before you buy any insurance policy, homeowners or otherwise, check the policy first and read through it carefully. Every policy is different, and what\'s included with one company may not be with another. For example, some earthquake policies exclude things like fences, pools and landscaping, while others include those in coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_does_earthquake_insurance_cost\">How much does earthquake insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">So, how much is earthquake insurance? Like other insurance types, that depends on various factors, especially where you live and the type of home you live in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The vast majority of California homeowners don\'t have earthquake insurance, even though California is an area prone to quakes. Why? It can be expensive in high-risk areas. Some parts of the country pay more than ten times than other areas for the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Lower-risk areas might pay as little as $50 a year. A high-risk area, such as Los Angeles, might pay more than $1,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And earthquake insurance gets even more expensive if you live in an earthquake-prone state and live in certain types of structures. The cost of earthquake coverage may go way up if your home is:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Built of brick or masonry</li><li>Multiple stories</li><li>On a raised foundation</li><li>Older (predating changes to building codes) and not retrofitted to limit damage</li><li>In a higher-risk zone; that is, near an active area or on soil that is more likely to move</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The type of coverage will affect your premium as well. A policy that covers replacement cost – rebuilding your home with new materials of similar quality -- will be more expensive than one that pays actual cash value, which considers the wear and tear of your home as it currently sits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_an_earthquake_deductible\">What is an earthquake deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners comparing earthquake insurance quotes will need to focus not just on the annual premium but also on deductible amounts. Deductibles typically run 10% to 20% of the coverage limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you insure your structure for $200,000 and have a 15% deductible, your out-of-pocket expense would be $30,000. If you have bought coverage for the contents of the home or additional living expenses while it\'s undergoing repairs, you may owe deductibles on those, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquakes more than 72 hours apart are usually considered separate events. That would mean a second claim and deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The deductibles, large as they may be, are considered uninsured losses for disaster relief. You may be eligible for low-cost loans to cover them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_earthquake_insurance_cover_contents_and_living_expenses\">Does earthquake insurance cover contents and living expenses?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake coverage for contents has coverage limits, sometimes as low as $5,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The coverage limits are lower than standard home insurance because most earthquakes won\'t destroy living room furniture and other expensive pieces such as pool tables. But what if an antique doll collection or valuable art is destroyed during a quake? It\'s essential to make sure that it can be replaced, or the owner is reimbursed at current market value if it is destroyed in an earthquake or its aftermath.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake insurance through major insurers typically provides some coverage for additional living expenses if you must live elsewhere due to earthquake damage. The limit set for earthquake insurance ALE is often relatively low, so this is something you will want to know ahead of time. Earthquake insurance through the California Earthquake Authority (CEA) typically does not include ALE but it can be purchased as an add-on.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong><em>Expert tip</em></strong><em>:</em>&nbsp;Renters insurance does not automatically cover living expenses for those dislocated in an earthquake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Where_can_I_buy_earthquake_insurance\">Where can I buy earthquake insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Unlike flood insurance, which is available through FEMA (Federal Emergency Management Agency), private insurance companies offer earthquake insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The first step is to get an earthquake insurance quote from your provider if they offer it and then shop around for quotes from other providers as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Consumers can sometimes add an earthquake endorsement to their homeowners policy, but this is something to ask insurers when you\'re shopping around. Not every insurance provider offers earthquake insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners looking for California earthquake insurance can buy from a private company or publicly-managed California Earthquake Authority (CEA).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"In_what_parts_of_the_country_is_earthquake_insurance_most_important\">In what parts of the country is earthquake insurance most important?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the latest U.S. Geological Survey National Seismic Hazard Maps, all 50 states have <em>some</em> potential for earthquake movement. That isn\'t to say that every state is likely to have a significant earthquake. But you might be surprised that it isn\'t only the California coast that is at risk for earthquakes. Hawaii and Alaska have a high amount of risk, and so do states like South Carolina.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The New Madrid fault runs along the Tennessee state line and affects Arkansas and Missouri. There are occasionally quakes along the fault, but fortunately, there hasn\'t been a serious one since 1811 and 1812, when three large earthquakes rocked the area, ranging from 6.7 to 8.1 on the Richter scale. Thankfully, there wasn\'t a lot of damage, probably because skyscrapers hadn\'t been invented, and the area wasn\'t exactly teeming with people. Missouri wasn\'t even a state in 1811.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the USGS, the states with the highest risk for earthquakes are:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Alaska</li><li>Arkansas</li><li>California</li><li>Hawaii</li><li>Idaho</li><li>Illinois</li><li>Kentucky</li><li>Missouri</li><li>Montana</li><li>Nevada</li><li>Oregon</li><li>South Carolina</li><li>Tennessee</li><li>Utah</li><li>Washington</li><li>Wyoming</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Bottom_line_Is_earthquake_insurance_worth_it\">Bottom line: Is earthquake insurance worth it?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The answer to whether or not earthquake insurance is worth it depends heavily on where you live and what kind of risk you\'re willing to take with your financial well-being.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Though earthquakes can happen anywhere, if you live in any of the areas deemed high-risk by the USGS, we recommend strong consideration of adding earthquake insurance to your insurance portfolio. There is peace of mind knowing that if an earthquake would occur, your property and belongings are covered.</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.insurance.com/home-and-renters-insurance/natural-disasters/earthquake-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','Earthquake insurance: Do you need it?','','publish','closed','closed','','earthquake-insurance-do-you-need-it','','','2023-05-30 02:54:09','2023-05-30 02:54:09','',0,'http://smartinsurance.tips/?p=3231',0,'post','',0),(3232,1,'2023-05-30 02:47:46','2023-05-30 02:47:46','','My-project-1-18','','inherit','closed','closed','','my-project-1-18','','','2023-05-30 02:47:46','2023-05-30 02:47:46','',3231,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-18.png',0,'attachment','image/png',0),(3233,1,'2023-05-30 02:54:09','2023-05-30 02:54:09','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard homeowners insurance doesn\'t cover earthquake damage. See what earthquake insurance costs in California, Seattle, Oklahoma and elsewhere.</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\":3232,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-18.png\" alt=\"\" class=\"wp-image-3232\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners insurance doesn\'t cover earthquake damage on a standard policy. You will need a separate earthquake insurance policy or an endorsement on your home insurance to repair any damage resulting from an earthquake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Do you need earthquake insurance? Although earthquakes can and do happen everywhere, not everyone needs an earthquake insurance endorsement or policy. Here, we\'ll cover everything you need to know to make an informed decision on earthquake insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_earthquake_insurance_cover\">What does earthquake insurance cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Standard homeowners insurance policies generally don\'t cover damage from earthquakes. Earth movement in general is excluded. Most insurance companies in areas where earthquakes are a risk offer either a separate policy or an endorsement you can add on to your policy. Here are some things covered by earthquake insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Earthquake damage to the home or other structures on the property</li><li>Earthquake damage done to personal property</li><li>Additional living expenses if earthquake damages make your home temporarily uninhabitable</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Like your standard home policy, you will have to pay an earthquake deductible when you file a claim.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake policies can differ from company to company and state to state. Some may even define the word \"earthquake\" differently.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, a landslide or sinkhole can do similar damage and can involve foundation damage from land movement – but they certainly aren\'t earthquakes. That said, some policies may cover all of those types of earth movements, while some policies may only cover an earthquake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Be sure to ask your agent questions, like:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Are all types of earth movements (earthquakes, sinkholes or landslides) covered? Are man-caused quakes covered? (i.e., if a nearby explosion causes the earth to shake, and your house is damaged, are you covered?)</li><li>Will the policy cover the cost to stabilize land beneath the home? After all, maybe the ground underneath your home needs repairing as well.</li><li>Does your coverage include replacing the structure, contents, landscaping, and outdoor items, such as swimming pools, hot tubs or fences?</li><li>Are alternate living costs covered if your home is not inhabitable?</li><li>Does the earthquake policy pay the costs of meeting updated building codes?</li><li>Does the policy cover repair to brick, stone or rock veneer? Some don\'t.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_not_covered_by_earthquake_insurance\">What is not covered by earthquake insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake damage can have a domino effect.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The actual earth movement may cause damage like foundation cracking, or it may cause damage that leads to other damage like explosions, fires, trees falling or even flooding from a resulting tsunami.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If a tsunami occurs after an earthquake that floods your area and causes external water damage, earthquake insurance will not cover those damages. Instead, you\'d need a flood insurance policy for coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If an earthquake causes damage that is already covered under a separate policy, the other policy will kick in for coverage. In other words, earthquake insurance will not cover things you have already covered under another insurance policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if an earthquake ruptured a gas line and caused a fire, your homeowners policy would cover the fire damage. Similarly, if a tree falls on your vehicle due to an earthquake, your auto insurance policy would cover the damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong><em>Expert tip:</em></strong> As usual, before you buy any insurance policy, homeowners or otherwise, check the policy first and read through it carefully. Every policy is different, and what\'s included with one company may not be with another. For example, some earthquake policies exclude things like fences, pools and landscaping, while others include those in coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_does_earthquake_insurance_cost\">How much does earthquake insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">So, how much is earthquake insurance? Like other insurance types, that depends on various factors, especially where you live and the type of home you live in.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The vast majority of California homeowners don\'t have earthquake insurance, even though California is an area prone to quakes. Why? It can be expensive in high-risk areas. Some parts of the country pay more than ten times than other areas for the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Lower-risk areas might pay as little as $50 a year. A high-risk area, such as Los Angeles, might pay more than $1,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">And earthquake insurance gets even more expensive if you live in an earthquake-prone state and live in certain types of structures. The cost of earthquake coverage may go way up if your home is:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Built of brick or masonry</li><li>Multiple stories</li><li>On a raised foundation</li><li>Older (predating changes to building codes) and not retrofitted to limit damage</li><li>In a higher-risk zone; that is, near an active area or on soil that is more likely to move</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The type of coverage will affect your premium as well. A policy that covers replacement cost – rebuilding your home with new materials of similar quality -- will be more expensive than one that pays actual cash value, which considers the wear and tear of your home as it currently sits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_an_earthquake_deductible\">What is an earthquake deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners comparing earthquake insurance quotes will need to focus not just on the annual premium but also on deductible amounts. Deductibles typically run 10% to 20% of the coverage limit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you insure your structure for $200,000 and have a 15% deductible, your out-of-pocket expense would be $30,000. If you have bought coverage for the contents of the home or additional living expenses while it\'s undergoing repairs, you may owe deductibles on those, too.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquakes more than 72 hours apart are usually considered separate events. That would mean a second claim and deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The deductibles, large as they may be, are considered uninsured losses for disaster relief. You may be eligible for low-cost loans to cover them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Does_earthquake_insurance_cover_contents_and_living_expenses\">Does earthquake insurance cover contents and living expenses?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake coverage for contents has coverage limits, sometimes as low as $5,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The coverage limits are lower than standard home insurance because most earthquakes won\'t destroy living room furniture and other expensive pieces such as pool tables. But what if an antique doll collection or valuable art is destroyed during a quake? It\'s essential to make sure that it can be replaced, or the owner is reimbursed at current market value if it is destroyed in an earthquake or its aftermath.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Earthquake insurance through major insurers typically provides some coverage for additional living expenses if you must live elsewhere due to earthquake damage. The limit set for earthquake insurance ALE is often relatively low, so this is something you will want to know ahead of time. Earthquake insurance through the California Earthquake Authority (CEA) typically does not include ALE but it can be purchased as an add-on.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong><em>Expert tip</em></strong><em>:</em>&nbsp;Renters insurance does not automatically cover living expenses for those dislocated in an earthquake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Where_can_I_buy_earthquake_insurance\">Where can I buy earthquake insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Unlike flood insurance, which is available through FEMA (Federal Emergency Management Agency), private insurance companies offer earthquake insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The first step is to get an earthquake insurance quote from your provider if they offer it and then shop around for quotes from other providers as well.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Consumers can sometimes add an earthquake endorsement to their homeowners policy, but this is something to ask insurers when you\'re shopping around. Not every insurance provider offers earthquake insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Homeowners looking for California earthquake insurance can buy from a private company or publicly-managed California Earthquake Authority (CEA).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"In_what_parts_of_the_country_is_earthquake_insurance_most_important\">In what parts of the country is earthquake insurance most important?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the latest U.S. Geological Survey National Seismic Hazard Maps, all 50 states have <em>some</em> potential for earthquake movement. That isn\'t to say that every state is likely to have a significant earthquake. But you might be surprised that it isn\'t only the California coast that is at risk for earthquakes. Hawaii and Alaska have a high amount of risk, and so do states like South Carolina.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The New Madrid fault runs along the Tennessee state line and affects Arkansas and Missouri. There are occasionally quakes along the fault, but fortunately, there hasn\'t been a serious one since 1811 and 1812, when three large earthquakes rocked the area, ranging from 6.7 to 8.1 on the Richter scale. Thankfully, there wasn\'t a lot of damage, probably because skyscrapers hadn\'t been invented, and the area wasn\'t exactly teeming with people. Missouri wasn\'t even a state in 1811.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the USGS, the states with the highest risk for earthquakes are:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Alaska</li><li>Arkansas</li><li>California</li><li>Hawaii</li><li>Idaho</li><li>Illinois</li><li>Kentucky</li><li>Missouri</li><li>Montana</li><li>Nevada</li><li>Oregon</li><li>South Carolina</li><li>Tennessee</li><li>Utah</li><li>Washington</li><li>Wyoming</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Bottom_line_Is_earthquake_insurance_worth_it\">Bottom line: Is earthquake insurance worth it?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The answer to whether or not earthquake insurance is worth it depends heavily on where you live and what kind of risk you\'re willing to take with your financial well-being.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Though earthquakes can happen anywhere, if you live in any of the areas deemed high-risk by the USGS, we recommend strong consideration of adding earthquake insurance to your insurance portfolio. There is peace of mind knowing that if an earthquake would occur, your property and belongings are covered.</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.insurance.com/home-and-renters-insurance/natural-disasters/earthquake-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','Earthquake insurance: Do you need it?','','inherit','closed','closed','','3231-revision-v1','','','2023-05-30 02:54:09','2023-05-30 02:54:09','',3231,'http://smartinsurance.tips/?p=3233',0,'revision','',0),(3234,1,'2023-05-30 03:00:15','2023-05-30 03:00:15','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Loss-of-use, replacement cost home insurance, and renters insurance are a few known insurances that help you rebuild and also cover damages caused to your home due to a tornado.</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\":3235,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-20.png\" alt=\"\" class=\"wp-image-3235\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Tornadoes can roar through a community and leave scores dead, countless more injured and financial losses in the billions. Your life can be thrown off course in just a matter of minutes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Tornadoes are a growing threat. In March 2023, there were 244 preliminary tornado reports -- more than three times higher than the 1991-2010 March average of 80 tornadoes -- according to the National Oceanic and Atmospheric Administration’s Storm Prediction Center.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Having the following six types of insurance can help restore a bit of normalcy to your life following a storm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Replacement cost homeowners insurance will rebuild your home from the ground up even if a tornado levels it.</li><li>If you’re not able to stay in your house after a disaster, loss-of-use insurance pays for additional living expenses (ALE) if you must stay in a hotel and eat out.</li><li>Many renters don’t realize their landlord’s policy only covers the structure – not their possessions and valuables – when disaster strikes.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Replacement_cost_home_insurance\">Replacement cost home insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your home value is declining, it may be tempting to try to save a few dollars by insuring your home for the amount it would sell for instead of its replacement cost. But experts say that\'s a major mistake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"People go through a devastating experience and find they don\'t have enough coverage to rebuild,\" says Melissa Digby, former national loss prevention director for USAA, and now the company\'s Strategic Change Principal.<strong></strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In fact, nearly two out of every three homes in America are underinsured. The average underinsurance amount is about 22%, though some homes are underinsured by 60% or more, according to Nationwide.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s imperative that you have enough coverage to rebuild your home if it\'s destroyed. Even if your market value has plummeted, building material costs have not, says Jim Quade, AVP and Region Manager Southeast Region at Liberty Mutual.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Digby recommends reviewing your amount of home insurance coverage every couple of years, as well as any time you make a major change, such as upgrading your kitchen or replacing the roof.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re concerned about damage to your roof from a tornado, your home insurance should cover it.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance policies usually cover roof damage caused by fire, vandalism, and “acts of God,” such as hurricanes and tornadoes. However, in some states prone to storms with high winds, such as tornadoes,  coverage may be limited if your insurance company and state laws allow a hail and wind exclusion. These exclusions mean insurance companies don\'t have to pay for cosmetic damages, just structural damage.  If your carrier has such an exclusion in your policy, it can exclude payments for damage to exterior surfaces, including walls, roofs, doors, and windows from hail or wind if the storm impacts the appearance but not the function of these elements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Lossofuse_home_insurance\">Loss-of-use home insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your home insurance policy likely covers your costs if you\'re uprooted from your home following a tornado or other disaster, Quade says. Such \"loss-of-use\" coverage reimburses you for living expenses such as hotel rooms and restaurant meals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There often are limits to the length of time for which you\'ll be reimbursed and dollar caps on how much an insurer will cover. However, your insurer might grant exceptions to the rule, Quade says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, following Hurricane Katrina, Liberty Mutual waived the limits because a lack of materials and labor delayed rebuilding in many places.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Renters_insurance\">Renters insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Do you rent an apartment or a home? You might think you don\'t need insurance coverage because the landlord\'s policy will cover the building if it\'s blown away.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, if you don\'t have renters insurance, you won\'t have coverage for any personal possessions. A landlord\'s policy does not cover your bike, big-screen TV or other possessions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Also, without renters insurance, you won\'t have assistance to cover costs associated with a temporary relocation while you wait for the building to be repaired.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_car_insurance\">Comprehensive car insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have a clunker, chances are good you\'ve dropped comprehensive coverage in order to save a buck. But without this type of car insurance, you won\'t have coverage to help fix or replace your car if it\'s upended by a tornado or a tree comes crashing down upon it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You\'ll need to weigh the costs and benefits of dropping such coverage. If you can\'t afford to purchase a new car, it might make sense to hold on to that comprehensive coverage even if your car is nearing the end of the line.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Health_insurance\">Health insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Tornadoes can cause serious injuries, and that\'s where your health insurance comes in. Make sure you\'re covered; if you don\'t have health insurance through work, look into an ACA marketplace plan, which can be very affordable. Some people will even qualify for subsidies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Disability_insurance\">Disability insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For many people, the reality is that they are just a paycheck away from being unable to pay their bills. Disability insurance can help cover bills if you\'re severely injured in a tornado and are out of work for several weeks or months. &nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Disability insurance typically costs between 1% and 3% of your paycheck and provides up to 60% of your paycheck, says Catherine Liston, vice president of group insurance claims for Sun Life.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some employers offer short-term disability, which covers between 13 and 26 weeks. Others have long-term disability insurance which applies for several years, Liston says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">People often think disability insurance is only for those with risky jobs. However, most people who file disability claims get injured outside of work. These policies also offer riders so you can customize your plan to suit your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.insurance.com/home-and-renters-insurance/natural-disasters/tornado-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','6 Types of Insurance to Help You Start Over After a Tornado','','publish','closed','closed','','6-types-of-insurance-to-help-you-start-over-after-a-tornado','','','2023-05-30 03:00:15','2023-05-30 03:00:15','',0,'http://smartinsurance.tips/?p=3234',0,'post','',0),(3235,1,'2023-05-30 02:55:28','2023-05-30 02:55:28','','My-project-1-20','','inherit','closed','closed','','my-project-1-20','','','2023-05-30 02:55:28','2023-05-30 02:55:28','',3234,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-20.png',0,'attachment','image/png',0),(3236,1,'2023-05-30 03:00:15','2023-05-30 03:00:15','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Loss-of-use, replacement cost home insurance, and renters insurance are a few known insurances that help you rebuild and also cover damages caused to your home due to a tornado.</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\":3235,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-20.png\" alt=\"\" class=\"wp-image-3235\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Tornadoes can roar through a community and leave scores dead, countless more injured and financial losses in the billions. Your life can be thrown off course in just a matter of minutes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Tornadoes are a growing threat. In March 2023, there were 244 preliminary tornado reports -- more than three times higher than the 1991-2010 March average of 80 tornadoes -- according to the National Oceanic and Atmospheric Administration’s Storm Prediction Center.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Having the following six types of insurance can help restore a bit of normalcy to your life following a storm.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Replacement cost homeowners insurance will rebuild your home from the ground up even if a tornado levels it.</li><li>If you’re not able to stay in your house after a disaster, loss-of-use insurance pays for additional living expenses (ALE) if you must stay in a hotel and eat out.</li><li>Many renters don’t realize their landlord’s policy only covers the structure – not their possessions and valuables – when disaster strikes.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Replacement_cost_home_insurance\">Replacement cost home insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your home value is declining, it may be tempting to try to save a few dollars by insuring your home for the amount it would sell for instead of its replacement cost. But experts say that\'s a major mistake.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"People go through a devastating experience and find they don\'t have enough coverage to rebuild,\" says Melissa Digby, former national loss prevention director for USAA, and now the company\'s Strategic Change Principal.<strong></strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In fact, nearly two out of every three homes in America are underinsured. The average underinsurance amount is about 22%, though some homes are underinsured by 60% or more, according to Nationwide.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It\'s imperative that you have enough coverage to rebuild your home if it\'s destroyed. Even if your market value has plummeted, building material costs have not, says Jim Quade, AVP and Region Manager Southeast Region at Liberty Mutual.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Digby recommends reviewing your amount of home insurance coverage every couple of years, as well as any time you make a major change, such as upgrading your kitchen or replacing the roof.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you\'re concerned about damage to your roof from a tornado, your home insurance should cover it.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Home insurance policies usually cover roof damage caused by fire, vandalism, and “acts of God,” such as hurricanes and tornadoes. However, in some states prone to storms with high winds, such as tornadoes,  coverage may be limited if your insurance company and state laws allow a hail and wind exclusion. These exclusions mean insurance companies don\'t have to pay for cosmetic damages, just structural damage.  If your carrier has such an exclusion in your policy, it can exclude payments for damage to exterior surfaces, including walls, roofs, doors, and windows from hail or wind if the storm impacts the appearance but not the function of these elements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Lossofuse_home_insurance\">Loss-of-use home insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Your home insurance policy likely covers your costs if you\'re uprooted from your home following a tornado or other disaster, Quade says. Such \"loss-of-use\" coverage reimburses you for living expenses such as hotel rooms and restaurant meals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There often are limits to the length of time for which you\'ll be reimbursed and dollar caps on how much an insurer will cover. However, your insurer might grant exceptions to the rule, Quade says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, following Hurricane Katrina, Liberty Mutual waived the limits because a lack of materials and labor delayed rebuilding in many places.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Renters_insurance\">Renters insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Do you rent an apartment or a home? You might think you don\'t need insurance coverage because the landlord\'s policy will cover the building if it\'s blown away.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, if you don\'t have renters insurance, you won\'t have coverage for any personal possessions. A landlord\'s policy does not cover your bike, big-screen TV or other possessions.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Also, without renters insurance, you won\'t have assistance to cover costs associated with a temporary relocation while you wait for the building to be repaired.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_car_insurance\">Comprehensive car insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have a clunker, chances are good you\'ve dropped comprehensive coverage in order to save a buck. But without this type of car insurance, you won\'t have coverage to help fix or replace your car if it\'s upended by a tornado or a tree comes crashing down upon it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You\'ll need to weigh the costs and benefits of dropping such coverage. If you can\'t afford to purchase a new car, it might make sense to hold on to that comprehensive coverage even if your car is nearing the end of the line.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Health_insurance\">Health insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Tornadoes can cause serious injuries, and that\'s where your health insurance comes in. Make sure you\'re covered; if you don\'t have health insurance through work, look into an ACA marketplace plan, which can be very affordable. Some people will even qualify for subsidies.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Disability_insurance\">Disability insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For many people, the reality is that they are just a paycheck away from being unable to pay their bills. Disability insurance can help cover bills if you\'re severely injured in a tornado and are out of work for several weeks or months. &nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Disability insurance typically costs between 1% and 3% of your paycheck and provides up to 60% of your paycheck, says Catherine Liston, vice president of group insurance claims for Sun Life.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some employers offer short-term disability, which covers between 13 and 26 weeks. Others have long-term disability insurance which applies for several years, Liston says.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">People often think disability insurance is only for those with risky jobs. However, most people who file disability claims get injured outside of work. These policies also offer riders so you can customize your plan to suit your needs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>To read the full article, <a href=\"https://www.insurance.com/home-and-renters-insurance/natural-disasters/tornado-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','6 Types of Insurance to Help You Start Over After a Tornado','','inherit','closed','closed','','3234-revision-v1','','','2023-05-30 03:00:15','2023-05-30 03:00:15','',3234,'http://smartinsurance.tips/?p=3236',0,'revision','',0),(3237,1,'2023-05-30 03:22:49','2023-05-30 03:22:49','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some types of car insurance are required by law, others only if you have a loan or lease. There are many other optional coverages you can choose from to protect yourself and your vehicle.</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\":3238,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-21.png\" alt=\"\" class=\"wp-image-3238\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Car insurance is required by law in most states. Liability insurance is the common coverage required by state law, but some states require more. Additional coverage such as personal injury protection and medical payments are required by law in some states, particularly those with no-fault insurance laws, and some also required uninsured motorist coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, car insurance isn’t one-size-fits-all and state laws are just a starting point. You may need higher limits, additional coverages or even an entirely different policy type. Understanding the different car insurance types can help you determine which coverage you need. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Read on to learn about the types of car insurance and what they cover to decide what you need to buy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>The three most common types of car insurance coverage are liability insurance, comprehensive and collision insurance. </li><li>Liability insurance pays for damages and injuries to others when you’re at fault in an accident while collision and comprehensive coverage pay for damages to your car from an accident or a non-accident event like vandalism.</li><li>Other common types of car insurance coverage include personal injury protection, uninsured/underinsured motorist, rental car reimbursement and roadside assistance.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"The_most_common_types_of_car_insurance_coverage\">The most common types of car insurance coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are several main types of auto insurance coverage. Depending on where you live, several of these may be legal requirements. It’s important to know your state’s laws before you start shopping, but also to know what other type of coverage you need; for example, if you have a loan with insurance requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Liability insurance is required by law in almost every state and pays for injuries and damages for others when you are at fault. It is broken up into bodily injury and property damage coverages.</li><li>Comprehensive insurance is required if you have a loan or a lease and pays for damages to your vehicle that are unrelated to an accident, such as vandalism, theft, fire or animal strikes.</li><li>Collision insurance is required if you have a loan or a lease and covers damages to your car in an accident, regardless of fault.</li><li>Uninsured/underinsured motorist insurance covers personal injury and property damage if you’re involved in an accident with an uninsured or underinsured motorist, and is required by law in some states.</li><li>Personal injury protection and medical payments insurance are required by law in some states and cover medical bills for you and your passengers regardless of fault.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Additional_types_of_car_insurance_coverage\">Additional types of car insurance coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you buy car insurance, you’ll have the option to add additional coverage. Here are several car insurance coverage types to consider for extra protection:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Rental reimbursement.</strong> Rental reimbursement insurance will cover the cost of a rental car while your car is being repaired for a covered claim. Some insurance companies include this coverage as part of a standard policy. The cost of rental car reimbursement depends on your insurance company and the amount of coverage you choose.</li><li><strong>Emergency roadside assistance/towing and labor.</strong> Emergency roadside assistance, also called towing and labor coverage, will get your car back on the road if it breaks down. It typically covers fuel delivery, jumping a dead batter, flat tire changes, extrication and towing (up to a certain mileage). <strong>Roadside assistance can cost as little as $5 per month or as much as $100 per month</strong>. Pricier plans tend to offer more (and better) coverage.</li><li><strong>Mechanical breakdown insurance. </strong>Mechanical breakdown insurance will pay for certain vehicle repairs, even if it’s not part of a claim. It typically covers mechanical issues related to the transmission, engine, fuel system, brakes, air conditioning and power system. The cost of mechanical breakdown insurance varies based on the insurance company. <strong>Expect it to cost between $30 to $100 per year.</strong></li><li><strong>Gap insurance. </strong>If you lease or finance your vehicle, gap insurance pays off your remaining loan balance if your car is totaled and you owe more than it is worth. You can buy gap insurance (or loan-lease payoff coverage) through your lender. It’s also available through standalone gap providers and many insurance companies. <strong>Gap insurance is about $41 per year</strong>. It\'s typically cheapest to buy through your current insurance company if it’s offered.</li><li><strong>New car replacement insurance. </strong>New car replacement insurance is an endorsement that will pay to replace your vehicle with a similar new one if your car gets totaled without regard for depreciation. The price of new car replacement insurance depends on your insurance company and your vehicle\'s make, model, and year.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"More_car_insurance_policy_options\">More car insurance policy options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on your needs, there are some other policies you might want to consider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Umbrella insurance.</strong> An umbrella insurance policy gives you extended personal liability coverage to help pay for legal expenses if you cause an accident and get sued by the other driver. The cost of umbrella insurance depends on your coverage limit. For example, if you have $1 million in coverage, the average premium is between $150-$300. On the other hand, a $5 million policy will run you between $375-$525.</li><li><strong>Pay-as-you-go/pay-per-mile insurance.</strong> Pay-as-you-go insurance or pay-per-mile insurance is a type of usage-based car insurance that you pay for based on miles traveled on top of a low flat rate. It is best suited for drivers who drive less than 10,000 miles per year.</li><li><strong>Non-owner insurance.</strong> Non-owner car insurance is a way to get car insurance if you don’t own a vehicle. It’s also required for drivers who don’t have a car but need to purchase liability insurance to keep their driver’s license. The average cost of a non-owners policy costs $474 per year.</li><li><strong>Classic car insurance.</strong> Classic car insurance is designed to cover classic and collector cars. It covers the car’s agreed-upon value rather than the actual cash value, which includes depreciation. According to Hagerty, one of the leading classic car insurance providers, the average cost of classic car insurance is roughly 34% cheaper than regular insurance.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Liability_insurance\">Liability insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What does it cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you cause an accident, liability insurance covers the other driver’s vehicle repairs and medical expenses. It also protects you in a lawsuit when you\'re at fault in an accident and the other driver sues you for their losses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Every driver should have personal liability insurance. Plus, it’s a legal requirement in every state where car insurance is mandatory.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your state requires car insurance, you must purchase a minimum amount of liability coverage to register your vehicle and legally drive. However, the minimum amount of coverage may not be adequate.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s a good idea to raise your liability coverage limits for more protection. Otherwise, you risk paying out-of-pocket in a lawsuit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much does liability insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The nationwide average cost for state minimum liability coverage is $637</strong>, but your rate will be higher if you purchase more coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_and_collision_insurance\">Comprehensive and collision insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What do they cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision and comprehensive insurance cover vehicle repairs and comprise full-coverage insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision pays for your car’s repairs after an accident, and comprehensive pays for your damage to your car from a non-collision incident, like fire, theft, vandalism or hail. Both policies have a deductible that comes out of your insurance payout.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You should purchase collision and comprehensive insurance if you have a loan or lease your vehicle. Most lenders will require you to have it. It’s also highly recommended for anyone who couldn’t afford to pay for vehicle repairs or replacement out-of-pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">These coverages are generally sold together, but you can buy them individually in some cases. You can also have different deductibles for each of them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much do comprehensive and collision insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The average annual cost for collision insurance is $723, and $263 for comprehensive insurance</strong>, according to Insurance.com\'s most recent rates. Choosing a higher deductible may save you money, but it should never exceed an amount you can pay easily.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Uninsuredunderinsured_motorist_insurance\">Uninsured/underinsured motorist insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What does it cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured motorist coverage pays for your vehicle repairs and your medical expenses if you get into an accident with a driver who doesn’t have car insurance or doesn’t have enough car insurance to cover your losses in full.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some states require one or both coverages, so it’s not always optional. If your state doesn’t require uninsured or underinsured motorist coverage, it can provide additional peace of mind, especially if you don’t have a full coverage policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Typically, your uninsured motorist bodily injury coverage limits cannot be greater than the amount of liability insurance you have. We recommend buying uninsured and underinsured motorist bodily injury limits that match your liability coverage if you don’t have health insurance. We also recommend buying property damage if you do not carry collision coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much does uninsured/underinsured motorist insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">On average, uninsured motorist coverage costs&nbsp;<strong>$176 per year</strong>, and underinsured motorist coverage costs&nbsp;<strong>$79 per year.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Personal_injury_protection_and_medical_payments_insurance\">Personal injury protection and medical payments insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What does it cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Personal injury protection and medical payments insurance pay for the cost of treating injuries that you, authorized drivers or your passengers suffer in a car accident when you are at fault.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Personal injury protection is required if you live in one of the 12 “no-fault” states. In a no-fault state, each driver’s insurance company pays for their own injuries, no matter who causes the accident. Delaware and Oregon also require it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Medical payments coverage is usually optional and comes with a full coverage policy. It’s only mandatory in Maine and for insured drivers in New Hampshire, where insurance coverage is not required.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If personal injury protection or medical payments coverage is optional in your state and you already have health insurance, we recommend buying enough to cover your deductible. If you do not have health insurance, we strongly recommend you buy at least $10,000 in personal injury protection or $5,000 in medical payments coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much do personal injury protection and medical payments insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The average cost of personal injury protection is $236 per year</strong>. For medical payments insurance, the average rate is $21 per year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Frequently_asked_questions\">Frequently asked questions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>How do I know how much liability insurance coverage I need?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The amount of coverage you need is at least the minimum requirements in your state. Everyone has different car insurance needs, so choose coverage limits that you feel provide sufficient protection for your situation and fit within your budget.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For liability insurance, your coverage limit should be based on your personal assets. If you have investment accounts, savings, real estate or other assets that could be seized in the event of a lawsuit, it’s a good idea to increase your policy limits accordingly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>What is liability-only insurance?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Liability-only insurance is also called a minimum coverage policy. It means that your policy only includes bodily injury and property damage liability insurance, which apply if you hit another driver. Liability-only insurance doesn’t offer any coverage for your vehicle or your medical expenses after an accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Should I adjust my coverage when adding a teen driver?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re adding a teen driver to your car insurance policy, it is a good idea to consider raising your coverage limits. Data show that drivers between the ages of 16-19 are more likely to get into an accident than any other age group.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, keep in mind that adding a teen to your policy will cause your rate to increase. If you’re planning to add a teen driver to your policy and raise your coverage limits, make sure you’re taking advantage of all the discounts you qualify for.</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.insurance.com/auto-insurance/types-of-car-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','What are the different types of car insurance?','','publish','closed','closed','','what-are-the-different-types-of-car-insurance','','','2023-05-30 03:22:49','2023-05-30 03:22:49','',0,'http://smartinsurance.tips/?p=3237',0,'post','',0),(3238,1,'2023-05-30 03:01:23','2023-05-30 03:01:23','','My-project-1-21','','inherit','closed','closed','','my-project-1-21','','','2023-05-30 03:01:23','2023-05-30 03:01:23','',3237,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-21.png',0,'attachment','image/png',0),(3239,1,'2023-05-30 03:22:49','2023-05-30 03:22:49','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some types of car insurance are required by law, others only if you have a loan or lease. There are many other optional coverages you can choose from to protect yourself and your vehicle.</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\":3238,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-21.png\" alt=\"\" class=\"wp-image-3238\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Car insurance is required by law in most states. Liability insurance is the common coverage required by state law, but some states require more. Additional coverage such as personal injury protection and medical payments are required by law in some states, particularly those with no-fault insurance laws, and some also required uninsured motorist coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, car insurance isn’t one-size-fits-all and state laws are just a starting point. You may need higher limits, additional coverages or even an entirely different policy type. Understanding the different car insurance types can help you determine which coverage you need. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Read on to learn about the types of car insurance and what they cover to decide what you need to buy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>The three most common types of car insurance coverage are liability insurance, comprehensive and collision insurance. </li><li>Liability insurance pays for damages and injuries to others when you’re at fault in an accident while collision and comprehensive coverage pay for damages to your car from an accident or a non-accident event like vandalism.</li><li>Other common types of car insurance coverage include personal injury protection, uninsured/underinsured motorist, rental car reimbursement and roadside assistance.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"The_most_common_types_of_car_insurance_coverage\">The most common types of car insurance coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">There are several main types of auto insurance coverage. Depending on where you live, several of these may be legal requirements. It’s important to know your state’s laws before you start shopping, but also to know what other type of coverage you need; for example, if you have a loan with insurance requirements.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Liability insurance is required by law in almost every state and pays for injuries and damages for others when you are at fault. It is broken up into bodily injury and property damage coverages.</li><li>Comprehensive insurance is required if you have a loan or a lease and pays for damages to your vehicle that are unrelated to an accident, such as vandalism, theft, fire or animal strikes.</li><li>Collision insurance is required if you have a loan or a lease and covers damages to your car in an accident, regardless of fault.</li><li>Uninsured/underinsured motorist insurance covers personal injury and property damage if you’re involved in an accident with an uninsured or underinsured motorist, and is required by law in some states.</li><li>Personal injury protection and medical payments insurance are required by law in some states and cover medical bills for you and your passengers regardless of fault.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Additional_types_of_car_insurance_coverage\">Additional types of car insurance coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you buy car insurance, you’ll have the option to add additional coverage. Here are several car insurance coverage types to consider for extra protection:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Rental reimbursement.</strong> Rental reimbursement insurance will cover the cost of a rental car while your car is being repaired for a covered claim. Some insurance companies include this coverage as part of a standard policy. The cost of rental car reimbursement depends on your insurance company and the amount of coverage you choose.</li><li><strong>Emergency roadside assistance/towing and labor.</strong> Emergency roadside assistance, also called towing and labor coverage, will get your car back on the road if it breaks down. It typically covers fuel delivery, jumping a dead batter, flat tire changes, extrication and towing (up to a certain mileage). <strong>Roadside assistance can cost as little as $5 per month or as much as $100 per month</strong>. Pricier plans tend to offer more (and better) coverage.</li><li><strong>Mechanical breakdown insurance. </strong>Mechanical breakdown insurance will pay for certain vehicle repairs, even if it’s not part of a claim. It typically covers mechanical issues related to the transmission, engine, fuel system, brakes, air conditioning and power system. The cost of mechanical breakdown insurance varies based on the insurance company. <strong>Expect it to cost between $30 to $100 per year.</strong></li><li><strong>Gap insurance. </strong>If you lease or finance your vehicle, gap insurance pays off your remaining loan balance if your car is totaled and you owe more than it is worth. You can buy gap insurance (or loan-lease payoff coverage) through your lender. It’s also available through standalone gap providers and many insurance companies. <strong>Gap insurance is about $41 per year</strong>. It\'s typically cheapest to buy through your current insurance company if it’s offered.</li><li><strong>New car replacement insurance. </strong>New car replacement insurance is an endorsement that will pay to replace your vehicle with a similar new one if your car gets totaled without regard for depreciation. The price of new car replacement insurance depends on your insurance company and your vehicle\'s make, model, and year.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"More_car_insurance_policy_options\">More car insurance policy options</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on your needs, there are some other policies you might want to consider.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Umbrella insurance.</strong> An umbrella insurance policy gives you extended personal liability coverage to help pay for legal expenses if you cause an accident and get sued by the other driver. The cost of umbrella insurance depends on your coverage limit. For example, if you have $1 million in coverage, the average premium is between $150-$300. On the other hand, a $5 million policy will run you between $375-$525.</li><li><strong>Pay-as-you-go/pay-per-mile insurance.</strong> Pay-as-you-go insurance or pay-per-mile insurance is a type of usage-based car insurance that you pay for based on miles traveled on top of a low flat rate. It is best suited for drivers who drive less than 10,000 miles per year.</li><li><strong>Non-owner insurance.</strong> Non-owner car insurance is a way to get car insurance if you don’t own a vehicle. It’s also required for drivers who don’t have a car but need to purchase liability insurance to keep their driver’s license. The average cost of a non-owners policy costs $474 per year.</li><li><strong>Classic car insurance.</strong> Classic car insurance is designed to cover classic and collector cars. It covers the car’s agreed-upon value rather than the actual cash value, which includes depreciation. According to Hagerty, one of the leading classic car insurance providers, the average cost of classic car insurance is roughly 34% cheaper than regular insurance.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Liability_insurance\">Liability insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What does it cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you cause an accident, liability insurance covers the other driver’s vehicle repairs and medical expenses. It also protects you in a lawsuit when you\'re at fault in an accident and the other driver sues you for their losses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Every driver should have personal liability insurance. Plus, it’s a legal requirement in every state where car insurance is mandatory.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your state requires car insurance, you must purchase a minimum amount of liability coverage to register your vehicle and legally drive. However, the minimum amount of coverage may not be adequate.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It’s a good idea to raise your liability coverage limits for more protection. Otherwise, you risk paying out-of-pocket in a lawsuit.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much does liability insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The nationwide average cost for state minimum liability coverage is $637</strong>, but your rate will be higher if you purchase more coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_and_collision_insurance\">Comprehensive and collision insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What do they cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision and comprehensive insurance cover vehicle repairs and comprise full-coverage insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision pays for your car’s repairs after an accident, and comprehensive pays for your damage to your car from a non-collision incident, like fire, theft, vandalism or hail. Both policies have a deductible that comes out of your insurance payout.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You should purchase collision and comprehensive insurance if you have a loan or lease your vehicle. Most lenders will require you to have it. It’s also highly recommended for anyone who couldn’t afford to pay for vehicle repairs or replacement out-of-pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">These coverages are generally sold together, but you can buy them individually in some cases. You can also have different deductibles for each of them.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much do comprehensive and collision insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The average annual cost for collision insurance is $723, and $263 for comprehensive insurance</strong>, according to Insurance.com\'s most recent rates. Choosing a higher deductible may save you money, but it should never exceed an amount you can pay easily.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Uninsuredunderinsured_motorist_insurance\">Uninsured/underinsured motorist insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What does it cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured motorist coverage pays for your vehicle repairs and your medical expenses if you get into an accident with a driver who doesn’t have car insurance or doesn’t have enough car insurance to cover your losses in full.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some states require one or both coverages, so it’s not always optional. If your state doesn’t require uninsured or underinsured motorist coverage, it can provide additional peace of mind, especially if you don’t have a full coverage policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Typically, your uninsured motorist bodily injury coverage limits cannot be greater than the amount of liability insurance you have. We recommend buying uninsured and underinsured motorist bodily injury limits that match your liability coverage if you don’t have health insurance. We also recommend buying property damage if you do not carry collision coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much does uninsured/underinsured motorist insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">On average, uninsured motorist coverage costs&nbsp;<strong>$176 per year</strong>, and underinsured motorist coverage costs&nbsp;<strong>$79 per year.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Personal_injury_protection_and_medical_payments_insurance\">Personal injury protection and medical payments insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>What does it cover?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Personal injury protection and medical payments insurance pay for the cost of treating injuries that you, authorized drivers or your passengers suffer in a car accident when you are at fault.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Who should buy it?</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Personal injury protection is required if you live in one of the 12 “no-fault” states. In a no-fault state, each driver’s insurance company pays for their own injuries, no matter who causes the accident. Delaware and Oregon also require it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Medical payments coverage is usually optional and comes with a full coverage policy. It’s only mandatory in Maine and for insured drivers in New Hampshire, where insurance coverage is not required.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Other factors to consider</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If personal injury protection or medical payments coverage is optional in your state and you already have health insurance, we recommend buying enough to cover your deductible. If you do not have health insurance, we strongly recommend you buy at least $10,000 in personal injury protection or $5,000 in medical payments coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How much do personal injury protection and medical payments insurance cost?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The average cost of personal injury protection is $236 per year</strong>. For medical payments insurance, the average rate is $21 per year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Frequently_asked_questions\">Frequently asked questions</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>How do I know how much liability insurance coverage I need?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The amount of coverage you need is at least the minimum requirements in your state. Everyone has different car insurance needs, so choose coverage limits that you feel provide sufficient protection for your situation and fit within your budget.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For liability insurance, your coverage limit should be based on your personal assets. If you have investment accounts, savings, real estate or other assets that could be seized in the event of a lawsuit, it’s a good idea to increase your policy limits accordingly.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>What is liability-only insurance?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Liability-only insurance is also called a minimum coverage policy. It means that your policy only includes bodily injury and property damage liability insurance, which apply if you hit another driver. Liability-only insurance doesn’t offer any coverage for your vehicle or your medical expenses after an accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Should I adjust my coverage when adding a teen driver?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re adding a teen driver to your car insurance policy, it is a good idea to consider raising your coverage limits. Data show that drivers between the ages of 16-19 are more likely to get into an accident than any other age group.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, keep in mind that adding a teen to your policy will cause your rate to increase. If you’re planning to add a teen driver to your policy and raise your coverage limits, make sure you’re taking advantage of all the discounts you qualify for.</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.insurance.com/auto-insurance/types-of-car-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','What are the different types of car insurance?','','inherit','closed','closed','','3237-revision-v1','','','2023-05-30 03:22:49','2023-05-30 03:22:49','',3237,'http://smartinsurance.tips/?p=3239',0,'revision','',0),(3240,1,'2023-05-30 03:33:50','2023-05-30 03:33:50','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured motorist coverage pays for injuries or property damage caused by a driver who either has no insurance or doesn\'t have enough insurance to cover the damages. It\'s required by law in some states.</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\":3241,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-22.png\" alt=\"\" class=\"wp-image-3241\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the Insurance Research Council&nbsp;(IRC)&nbsp;<strong>12.6%, or one in eight drivers, are uninsured.&nbsp;</strong>According to the Insurance Research Council&nbsp;(IRC)<strong>&nbsp;12.6%, or one in eight drivers, are uninsured.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Let\'s say you\'re driving to the store today and some 19-year old [without insurance] plows into the side of your car,\" says Dave Emmette, chief operating officer and risk advisor at River Valley Insurance in Lowell, Michigan. \"That\'s the type of scenario that plays out across the country every day, and in many cases, those who are hit by an uninsured driver may find they are stuck with expensive medical bills and other costs.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When a driver without insurance is at fault in an accident, they are technically responsible for injuries and damages. Unfortunately, many people who drive without insurance don\'t have the financial resources to pay those bills. Uninsured motorist coverage protects you. Read on to find out how.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_uninsuredunderinsured_motorist_coverage\">What is uninsured/underinsured motorist coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured motorist coverage (UM/UIM) is an optional coverage in some states, and required in others. So what does uninsured motorist cover?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It will help to pay your medical bills and the cost to repair or replace your vehicle if you are hit by a driver who is uninsured or underinsured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An uninsured person is someone who does not have any car insurance or has insurance coverage that doesn\'t meet state-mandated minimum liability requirements. Uninsured coverage may also come into play if the other driver\'s insurance company denies their claim or is not financially able to pay it. A hit and run driver also count as uninsured as it relates to bodily injury (UMBI), though, not normally for property damage (UMPD).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Underinsured drivers will often purchase only the minimum amount of insurance required by law, which in some states isn\'t much. For example, California only requires drivers to carry $15,000 per person and $30,000 per incident of bodily injury liability coverage. If a driver with low coverage limits hits you and causes a serious injury, it is possible that the available insurance benefit won\'t pay all your medical expenses. This is the definition of an \"underinsured\" driver. Even a driver with coverage above the legal limits can be underinsured of the bills from the accident exceed their coverage limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you are involved in an accident where the at-fault driver lacks adequate liability insurance, your own underinsured motorist coverage will kick in to cover your expenses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_does_uninsured_motorist_insurance_cost\">How much does uninsured motorist insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Costs will vary, but in general UM/UIM coverage is very affordable. It typically costs roughly 5% of your annual auto insurance premium. For example, if an annual auto insurance premium costs $800, adding UM/UIM insurance will run about $40 per year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_does_uninsuredunderinsured_motorist_coverage_work\">How does uninsured/underinsured motorist coverage work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The process depends on your state. Those who live in states with no-fault insurance laws may have to go to court for a judgment before they receive UM or UIM benefits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In other states, the process for underinsured motorist claims may follow this flow:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.insurance.com/imagesvr_ce/9085/Underinsured%20motorist%20claim%20process.jpg\" alt=\"How uninsured motorist coverage works\" title=\"How uninsured motorist coverage works\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Steps to filing an uninsured/underinsured motorist claim</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>You are hit by an underinsured motorist.</li><li>You file a claim for coverage with the at-fault party\'s insurance company as soon as possible.</li><li>If you believe the motorist is underinsured, you may also want to contact your insurance company to notify them of the situation.</li><li>Your insurance company may open a claim immediately, or they may wait until the other party\'s insurer has responded to your claim.</li><li>If the other party\'s insurance company is unable to pay all of your claim (or the other driver is uninsured), your insurance company will begin their own investigation.</li><li>Once the investigation is complete, you should receive compensation based upon your policy limits if your claim is deemed valid. In states with comparative negligence, your claim may be prorated to reflect the level of fault you shared in the accident.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your insurer denies your claim or fails to offer what you believe is the appropriate amount, you may be able to go to arbitration or take legal action on the matter.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Types_of_uninsuredunderinsured_motorist_coverage\">Types of uninsured/underinsured motorist coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured coverage has two parts. You may carry only bodily injury coverage, or also include property damage coverage. You may also have coverage for underinsured motorists, or just uninsured. Here\'s what they cover:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Uninsured motorist bodily injury (UMBI)</strong>:UMBI pays for injuries to people protected under your policy resulting from a car accident caused by an uninsured driver. In addition to paying medical bills, UMBI may cover lost income as well as pain and suffering.</li><li><strong>Uninsured motorist property damage (UMPD):</strong>UMPD pays for damage done to your car by an uninsured driver you can identify, but almost never a hit-and-run driver. If you have the option of purchasing UMPD and collision coverage, UMPD usually pays your collision deductible only (so it may not be worth carrying the coverage if you have collision coverage already). UMPD is not available in all states. This coverage may come with a deductible, which is the amount you pay out of pocket before the insurance coverage steps up. While it can vary, the deductible is usually in the $200 to $300 range.</li><li><strong>Underinsured Motorist (UIM)</strong>This pays for injuries the same way UMBI does. At fault drivers who carry only the minimum liability insurance may come up short in the event of a serious accident. With UIM auto insurance, you\'re protected in the event that the at-fault driver\'s insurance fails to cover all your damages. In some states, UM and UIM are bundled together as coverage, in others they can be bought separately.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Do_I_need_uninsured_motorist_insurance\">Do I need uninsured motorist insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some states, the odds of being hit by an uninsured driver are much higher than in other states.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">All states require drivers to maintain some type of auto insurance or prove they have the financial resources to cover an accident but not everyone follows the law. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You might wonder why people would break the law and drive without insurance. A study by the Financial Responsibility and Insurance Committee of the American Association of Motor Vehicle Administrators found that 82% of uninsured drivers said they can\'t afford insurance or that their vehicle is inoperable or isn’t in use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\">Uninsured motorist rates by state</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the IRC, the following states have the greatest percentages of uninsured drivers:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Mississippi -- 29.4%</li><li>Michigan -- 25.5%</li><li>Tennessee -- 23.7%</li><li>New Mexico -- 21.8%</li><li>Washington -- 21.7%</li><li>Florida -- 20.4%</li><li>Alabama-- 19.5%</li><li>Arkansas -- 19.3%</li><li>District of Columbia -- 19.1%</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">New Jersey had the smallest percentage of uninsured drivers, with only 3.1% being without coverage in 2019 (the latest year with data).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Nationwide, approximately one in eight drivers is uninsured. However, in some states, as many as one in four or one in five cars on the road is driven by someone without coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have a run in with an uninsured motorist, it can leave you paying for your own injuries or vehicle\'s damages and going to court to seek compensation. A much easier route is to carry uninsured motorist insurance as part of your car insurance policy and make a claim for your damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, there are other coverage options that will pay for most of the same damages as UM/UIM. Health insurance can pay your medical bills, while collision coverage will pay for damage to your car regardless of fault. However, UM/UIM isn\'t costly and provides added protection.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Do I need uninsured motorist coverage if I have health insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In the end, only you can make this decision. The main function of uninsured motorist vehicle coverage is to help cover your medical bills after an accident involving an uninsured driver. If you have excellent health insurance UM may not be necessary as your medical bills should be covered your health insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, if you have a high deductible health plan, or high coinsurance amounts, uninsured motorist coverage makes sense. Uninsured and underinsured motorist coverage will cover your out-of-pocket medical expenses, even if the at-fault driver can\'t afford to pay.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In addition, UM insurance may pay out for pain and suffering as well as lost wages. Uninsured motorist claims tend to be expensive so having this coverage can be a huge benefit if you are hit by an uninsured driver. According to the National Association of Insurance Commissioners the average claim payment for UM for injuries is $29,825.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Do I need uninsured motorist coverage if I have collision coverage?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you are carrying collision coverage your vehicle will be repaired regardless of whether the person who hit you has insurance or not. However, if you are not carrying collision insurance, you will be on your own when it comes to fixing your vehicle after an accident if you are not covered by UM insurance. According to the National Association of Insurance Commissioners, the average claim payment for UMPD is $1,805.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Are_uninsured_motorist_and_uninsured_motorist_bodily_injury_coverages_required\">Are uninsured motorist and uninsured motorist bodily injury coverages required?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">UM and UIM coverage is voluntary in more than half of U.S. states, but some do require drivers have it. The following chart lists the states with uninsured drivers\' insurance requirements and indicates the type of coverage that is mandated, as of 2020.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">State requirements are shown for uninsured motorist, bodily injury (BI), uninsured motorist property damage (UMPD) coverage, and underinsured motorist property damage (UMIPD) coverage along with required coverage limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_are_the_typical_coverage_limits\">What are the typical coverage limits?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As with the other components of auto insurance, consumers can select from a variety of coverage levels. Availability may depend upon the insurer and state, but coverage limits could be as little as $5,000 and run to $1 million or more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"If your bodily injury limit is $500,000, your uninsured coverage should be the same,\" Emmette says. What\'s more, some insurers may limit you to UM coverage that is no greater than your other liability limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">He adds it doesn\'t matter the size of the court award, drivers will only be compensated by insurers up to their policy limit. \"Say a jury awards you $400,000, but your policy is for $100,000,\" Emmette says. \"You get $100,000.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Typically, UM and UIM limits are split limits written the same as your liability limits, per person and per incident. So, if you have 100/300 coverage, it means $100,000 per person and $300,000 per incident. If you buy combined single limits, it would be of $300,000 and you could split that among one or multiple people as need be.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In states offering uninsured or underinsured motorist property damage coverage, consumers may have the choice to buy UM insurance as a split limit or combined single limit policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Split limit plans</strong>&nbsp;have separate coverage levels for UMBI and UMPD. For example, they may be written as $50,000/$100,000/$25,000, providing coverage of $50,000 per person, subject to a maximum of $100,000 per accident for bodily injury and 25,000 for property damage.</li><li><strong>Combined single limit plans</strong>&nbsp;are offered in a small number of states, where one coverage level can pay for both UMBI and UMPD. For instance, a $100,000 policy will pay for up to that amount of UM claims, regardless of whether or not they are related to bodily injury or property damage.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Combined single limit policies are more flexible, but split limit plans may be less expensive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_uninsured_motorist_insurance_cover_in_a_hitandrun\">What does uninsured motorist insurance cover in a hit-and-run?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A hit-and-run can play out in a few different ways. A driver could hit your car or your fence or mailbox, or hit you while you’re out walking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Where you live will most likely determine whether or not you can use your UM insurance for hit-and-run damage. In many states you can use your UM coverage to repair your vehicle and cover your medical bills after a hit-and-run accident, however there may be a deductible that comes into play. Check your policy or contact your agents for details regarding your specific policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some states, UMPD insurance cannot be used for hit-and-run accidents. The following states will not allow drivers to use UMPD coverage for hit-and-run damage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>California</li><li>Colorado</li><li>Georgia</li><li>Illinois</li><li>Louisiana</li><li>Ohio</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Stacking_uninsured_motorist_and_uninsured_motorist_bodily_injury_insurance\">Stacking uninsured motorist and uninsured motorist bodily injury insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some, but not all, states you can elect to stack your uninsured motorist bodily injury and/or underinsured motorist bodily injury coverage. With stacking, you typically pay a bit more for the ability to raise your limits by the number of vehicles you have insured in your household.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Jane has two cars in her household. Each vehicle has UMBI limits of 100/300, so if she needed to use her coverage, Jane and her passengers could receive $100,000 per person and her limits would top out at $300,000 per incident. Instead, if Jane stacked her UMBI coverages, her limits would double to 200/600. If she had three cars and stacked all the coverage, she could have 300/900 in UMBI coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In general, there is no limit on the number of vehicles that can be insured and whose UMBI coverages are stacked. If you only have one car on your policy, then stacking is not an option for you, but if you have multiple vehicles, stacking can be one of the perks of multi-car insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Even if your state allows stacking, not all car insurance companies offer the option.</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.insurance.com/auto-insurance/coverage/uninsured-underinsured-motorist-coverage.html\">click here.</a></p>\n<!-- /wp:paragraph -->','Uninsured and Underinsured Motorist Coverage','','publish','closed','closed','','uninsured-and-underinsured-motorist-coverage','','','2023-05-30 03:33:50','2023-05-30 03:33:50','',0,'http://smartinsurance.tips/?p=3240',0,'post','',0),(3241,1,'2023-05-30 03:26:14','2023-05-30 03:26:14','','My-project-1-22','','inherit','closed','closed','','my-project-1-22','','','2023-05-30 03:26:14','2023-05-30 03:26:14','',3240,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-22.png',0,'attachment','image/png',0),(3242,1,'2023-05-30 03:33:50','2023-05-30 03:33:50','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured motorist coverage pays for injuries or property damage caused by a driver who either has no insurance or doesn\'t have enough insurance to cover the damages. It\'s required by law in some states.</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\":3241,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-22.png\" alt=\"\" class=\"wp-image-3241\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the Insurance Research Council&nbsp;(IRC)&nbsp;<strong>12.6%, or one in eight drivers, are uninsured.&nbsp;</strong>According to the Insurance Research Council&nbsp;(IRC)<strong>&nbsp;12.6%, or one in eight drivers, are uninsured.</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Let\'s say you\'re driving to the store today and some 19-year old [without insurance] plows into the side of your car,\" says Dave Emmette, chief operating officer and risk advisor at River Valley Insurance in Lowell, Michigan. \"That\'s the type of scenario that plays out across the country every day, and in many cases, those who are hit by an uninsured driver may find they are stuck with expensive medical bills and other costs.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When a driver without insurance is at fault in an accident, they are technically responsible for injuries and damages. Unfortunately, many people who drive without insurance don\'t have the financial resources to pay those bills. Uninsured motorist coverage protects you. Read on to find out how.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_uninsuredunderinsured_motorist_coverage\">What is uninsured/underinsured motorist coverage?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured motorist coverage (UM/UIM) is an optional coverage in some states, and required in others. So what does uninsured motorist cover?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">It will help to pay your medical bills and the cost to repair or replace your vehicle if you are hit by a driver who is uninsured or underinsured.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An uninsured person is someone who does not have any car insurance or has insurance coverage that doesn\'t meet state-mandated minimum liability requirements. Uninsured coverage may also come into play if the other driver\'s insurance company denies their claim or is not financially able to pay it. A hit and run driver also count as uninsured as it relates to bodily injury (UMBI), though, not normally for property damage (UMPD).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Underinsured drivers will often purchase only the minimum amount of insurance required by law, which in some states isn\'t much. For example, California only requires drivers to carry $15,000 per person and $30,000 per incident of bodily injury liability coverage. If a driver with low coverage limits hits you and causes a serious injury, it is possible that the available insurance benefit won\'t pay all your medical expenses. This is the definition of an \"underinsured\" driver. Even a driver with coverage above the legal limits can be underinsured of the bills from the accident exceed their coverage limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you are involved in an accident where the at-fault driver lacks adequate liability insurance, your own underinsured motorist coverage will kick in to cover your expenses.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_does_uninsured_motorist_insurance_cost\">How much does uninsured motorist insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Costs will vary, but in general UM/UIM coverage is very affordable. It typically costs roughly 5% of your annual auto insurance premium. For example, if an annual auto insurance premium costs $800, adding UM/UIM insurance will run about $40 per year.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_does_uninsuredunderinsured_motorist_coverage_work\">How does uninsured/underinsured motorist coverage work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The process depends on your state. Those who live in states with no-fault insurance laws may have to go to court for a judgment before they receive UM or UIM benefits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In other states, the process for underinsured motorist claims may follow this flow:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"https://www.insurance.com/imagesvr_ce/9085/Underinsured%20motorist%20claim%20process.jpg\" alt=\"How uninsured motorist coverage works\" title=\"How uninsured motorist coverage works\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Steps to filing an uninsured/underinsured motorist claim</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>You are hit by an underinsured motorist.</li><li>You file a claim for coverage with the at-fault party\'s insurance company as soon as possible.</li><li>If you believe the motorist is underinsured, you may also want to contact your insurance company to notify them of the situation.</li><li>Your insurance company may open a claim immediately, or they may wait until the other party\'s insurer has responded to your claim.</li><li>If the other party\'s insurance company is unable to pay all of your claim (or the other driver is uninsured), your insurance company will begin their own investigation.</li><li>Once the investigation is complete, you should receive compensation based upon your policy limits if your claim is deemed valid. In states with comparative negligence, your claim may be prorated to reflect the level of fault you shared in the accident.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your insurer denies your claim or fails to offer what you believe is the appropriate amount, you may be able to go to arbitration or take legal action on the matter.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Types_of_uninsuredunderinsured_motorist_coverage\">Types of uninsured/underinsured motorist coverage</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Uninsured/underinsured coverage has two parts. You may carry only bodily injury coverage, or also include property damage coverage. You may also have coverage for underinsured motorists, or just uninsured. Here\'s what they cover:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Uninsured motorist bodily injury (UMBI)</strong>:UMBI pays for injuries to people protected under your policy resulting from a car accident caused by an uninsured driver. In addition to paying medical bills, UMBI may cover lost income as well as pain and suffering.</li><li><strong>Uninsured motorist property damage (UMPD):</strong>UMPD pays for damage done to your car by an uninsured driver you can identify, but almost never a hit-and-run driver. If you have the option of purchasing UMPD and collision coverage, UMPD usually pays your collision deductible only (so it may not be worth carrying the coverage if you have collision coverage already). UMPD is not available in all states. This coverage may come with a deductible, which is the amount you pay out of pocket before the insurance coverage steps up. While it can vary, the deductible is usually in the $200 to $300 range.</li><li><strong>Underinsured Motorist (UIM)</strong>This pays for injuries the same way UMBI does. At fault drivers who carry only the minimum liability insurance may come up short in the event of a serious accident. With UIM auto insurance, you\'re protected in the event that the at-fault driver\'s insurance fails to cover all your damages. In some states, UM and UIM are bundled together as coverage, in others they can be bought separately.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Do_I_need_uninsured_motorist_insurance\">Do I need uninsured motorist insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some states, the odds of being hit by an uninsured driver are much higher than in other states.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">All states require drivers to maintain some type of auto insurance or prove they have the financial resources to cover an accident but not everyone follows the law. </p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You might wonder why people would break the law and drive without insurance. A study by the Financial Responsibility and Insurance Committee of the American Association of Motor Vehicle Administrators found that 82% of uninsured drivers said they can\'t afford insurance or that their vehicle is inoperable or isn’t in use.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<p class=\"has-black-color has-text-color has-extra-large-font-size\">Uninsured motorist rates by state</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the IRC, the following states have the greatest percentages of uninsured drivers:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Mississippi -- 29.4%</li><li>Michigan -- 25.5%</li><li>Tennessee -- 23.7%</li><li>New Mexico -- 21.8%</li><li>Washington -- 21.7%</li><li>Florida -- 20.4%</li><li>Alabama-- 19.5%</li><li>Arkansas -- 19.3%</li><li>District of Columbia -- 19.1%</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">New Jersey had the smallest percentage of uninsured drivers, with only 3.1% being without coverage in 2019 (the latest year with data).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Nationwide, approximately one in eight drivers is uninsured. However, in some states, as many as one in four or one in five cars on the road is driven by someone without coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have a run in with an uninsured motorist, it can leave you paying for your own injuries or vehicle\'s damages and going to court to seek compensation. A much easier route is to carry uninsured motorist insurance as part of your car insurance policy and make a claim for your damages.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, there are other coverage options that will pay for most of the same damages as UM/UIM. Health insurance can pay your medical bills, while collision coverage will pay for damage to your car regardless of fault. However, UM/UIM isn\'t costly and provides added protection.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Do I need uninsured motorist coverage if I have health insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In the end, only you can make this decision. The main function of uninsured motorist vehicle coverage is to help cover your medical bills after an accident involving an uninsured driver. If you have excellent health insurance UM may not be necessary as your medical bills should be covered your health insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">However, if you have a high deductible health plan, or high coinsurance amounts, uninsured motorist coverage makes sense. Uninsured and underinsured motorist coverage will cover your out-of-pocket medical expenses, even if the at-fault driver can\'t afford to pay.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In addition, UM insurance may pay out for pain and suffering as well as lost wages. Uninsured motorist claims tend to be expensive so having this coverage can be a huge benefit if you are hit by an uninsured driver. According to the National Association of Insurance Commissioners the average claim payment for UM for injuries is $29,825.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Do I need uninsured motorist coverage if I have collision coverage?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you are carrying collision coverage your vehicle will be repaired regardless of whether the person who hit you has insurance or not. However, if you are not carrying collision insurance, you will be on your own when it comes to fixing your vehicle after an accident if you are not covered by UM insurance. According to the National Association of Insurance Commissioners, the average claim payment for UMPD is $1,805.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Are_uninsured_motorist_and_uninsured_motorist_bodily_injury_coverages_required\">Are uninsured motorist and uninsured motorist bodily injury coverages required?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">UM and UIM coverage is voluntary in more than half of U.S. states, but some do require drivers have it. The following chart lists the states with uninsured drivers\' insurance requirements and indicates the type of coverage that is mandated, as of 2020.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">State requirements are shown for uninsured motorist, bodily injury (BI), uninsured motorist property damage (UMPD) coverage, and underinsured motorist property damage (UMIPD) coverage along with required coverage limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_are_the_typical_coverage_limits\">What are the typical coverage limits?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As with the other components of auto insurance, consumers can select from a variety of coverage levels. Availability may depend upon the insurer and state, but coverage limits could be as little as $5,000 and run to $1 million or more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"If your bodily injury limit is $500,000, your uninsured coverage should be the same,\" Emmette says. What\'s more, some insurers may limit you to UM coverage that is no greater than your other liability limits.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">He adds it doesn\'t matter the size of the court award, drivers will only be compensated by insurers up to their policy limit. \"Say a jury awards you $400,000, but your policy is for $100,000,\" Emmette says. \"You get $100,000.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Typically, UM and UIM limits are split limits written the same as your liability limits, per person and per incident. So, if you have 100/300 coverage, it means $100,000 per person and $300,000 per incident. If you buy combined single limits, it would be of $300,000 and you could split that among one or multiple people as need be.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In states offering uninsured or underinsured motorist property damage coverage, consumers may have the choice to buy UM insurance as a split limit or combined single limit policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Split limit plans</strong>&nbsp;have separate coverage levels for UMBI and UMPD. For example, they may be written as $50,000/$100,000/$25,000, providing coverage of $50,000 per person, subject to a maximum of $100,000 per accident for bodily injury and 25,000 for property damage.</li><li><strong>Combined single limit plans</strong>&nbsp;are offered in a small number of states, where one coverage level can pay for both UMBI and UMPD. For instance, a $100,000 policy will pay for up to that amount of UM claims, regardless of whether or not they are related to bodily injury or property damage.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Combined single limit policies are more flexible, but split limit plans may be less expensive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_uninsured_motorist_insurance_cover_in_a_hitandrun\">What does uninsured motorist insurance cover in a hit-and-run?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A hit-and-run can play out in a few different ways. A driver could hit your car or your fence or mailbox, or hit you while you’re out walking.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Where you live will most likely determine whether or not you can use your UM insurance for hit-and-run damage. In many states you can use your UM coverage to repair your vehicle and cover your medical bills after a hit-and-run accident, however there may be a deductible that comes into play. Check your policy or contact your agents for details regarding your specific policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some states, UMPD insurance cannot be used for hit-and-run accidents. The following states will not allow drivers to use UMPD coverage for hit-and-run damage:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>California</li><li>Colorado</li><li>Georgia</li><li>Illinois</li><li>Louisiana</li><li>Ohio</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Stacking_uninsured_motorist_and_uninsured_motorist_bodily_injury_insurance\">Stacking uninsured motorist and uninsured motorist bodily injury insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some, but not all, states you can elect to stack your uninsured motorist bodily injury and/or underinsured motorist bodily injury coverage. With stacking, you typically pay a bit more for the ability to raise your limits by the number of vehicles you have insured in your household.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Jane has two cars in her household. Each vehicle has UMBI limits of 100/300, so if she needed to use her coverage, Jane and her passengers could receive $100,000 per person and her limits would top out at $300,000 per incident. Instead, if Jane stacked her UMBI coverages, her limits would double to 200/600. If she had three cars and stacked all the coverage, she could have 300/900 in UMBI coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In general, there is no limit on the number of vehicles that can be insured and whose UMBI coverages are stacked. If you only have one car on your policy, then stacking is not an option for you, but if you have multiple vehicles, stacking can be one of the perks of multi-car insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Even if your state allows stacking, not all car insurance companies offer the option.</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.insurance.com/auto-insurance/coverage/uninsured-underinsured-motorist-coverage.html\">click here.</a></p>\n<!-- /wp:paragraph -->','Uninsured and Underinsured Motorist Coverage','','inherit','closed','closed','','3240-revision-v1','','','2023-05-30 03:33:50','2023-05-30 03:33:50','',3240,'http://smartinsurance.tips/?p=3242',0,'revision','',0),(3243,1,'2023-05-30 03:43:08','2023-05-30 03:43:08','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive and collision both provide coverage for damage to your vehicle, but from different types of damage. Collision covers damage from a crash, while comprehensive kicks in for non-collision events like weather damage.</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\":3245,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-25.png\" alt=\"\" class=\"wp-image-3245\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive and collision insurance are two types of car insurance that are part of a full coverage policy. They pay to repair physical damage to your vehicle after an accident, regardless of fault, or a non-collision event, like theft or weather damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive insurance and collision insurance are not legally required, but if you have a loan or lease on your car, you’ll need both. Without comprehensive and collision insurance you will have to pay out of pocket for repairs to your vehicle in any situation where another driver\'s liability insurance isn\'t covering the cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Below, we’ll discuss the differences between comp and collision, the average cost of collision insurance compared to comprehensive, and why you might need a full coverage policy, even if you own your car outright.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Comprehensive insurance and collision insurance provide physical damage coverage for your vehicle.</li><li>Collision insurance pays for your vehicle’s repairs after an accident regardless of fault, while comprehensive insurance pays for non-collision damage from things like weather damage, vandalism and theft.</li><li>Collision and comprehensive insurance are typically purchased together as part of a full coverage car insurance policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Whats_the_difference_between_comprehensive_and_collision\">What\'s the difference between comprehensive and collision?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision and comprehensive insurance are common coverages that are part of a full coverage policy. They both cover damage to your vehicle, but from different causes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As the name suggests, collision insurance covers accidents. Specifically, it will pay for your vehicle’s repairs if you\'re at fault or there is no other insurance to pay for the damage. It also covers rollovers and single-car accidents. So, for instance, if you back into a telephone pole, collision insurance will pay for the repairs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive insurance, on the other hand, pays for your vehicle’s repair or replacement after a non-collision incident that is  out of your control. For example, comprehensive insurance kicks in when your car gets stolen or vandalized, or in the case of weather-related damage. It also covers things like fire damage, flood damage and accidents with animals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The table below lists a few examples of claims, and which type of insurance would apply to each.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><thead><tr><th>Incident description</th><th>Type of claim</th></tr></thead><tbody><tr><td>Damage from hitting a boulder in the road</td><td>Collision</td></tr><tr><td>Damage from a boulder rolling into your car</td><td>Comprehensive</td></tr><tr><td>A tree limb falls onto the car roof</td><td>Comprehensive</td></tr><tr><td>The car hits a fallen tree in the road</td><td>Collision</td></tr><tr><td>Smashed window from someone breaking into your car</td><td>Comprehensive</td></tr><tr><td>Window broken from a hit-and-run driver running into your car</td><td>Collision</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A notable difference between collision and comprehensive coverage is that your car insurance rate is more likely to increase due to a collision claim than a comprehensive claim. Collision claims are usually your fault, so your rate is more likely to rise. Typically, comprehensive claims are not at-fault incidents, so your rate may not increase much or at all.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_vs_collision_insurance_cost\">Comprehensive vs. collision insurance cost</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The cost of comprehensive vs. collision car insurance depends on many rating factors, including your age, gender, location, driving record, credit score and the type of car you drive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">On average, <strong>U.S. drivers pay $263 per year for comprehensive coverage and $723 per year for collision insurance</strong>, according to the most recent rate analysis by Insurance.com.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_comprehensive_insurance\">What is comprehensive insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive insurance is a type of auto insurance that pays for your vehicle’s repairs after a loss that is not caused by an accident. It’s often referred to as “other than collision” coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What does comprehensive insurance cover?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some types of losses that are covered by comprehensive insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Minor windshield damage</li><li>Damage caused by falling or airborne objects like hail, rocks or tree branches</li><li>Theft</li><li>Vandalism</li><li>Fire</li><li>Natural disasters</li><li>Civil disturbances</li><li>Striking an animal</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you file a comprehensive claim, you will have to pay the deductible. For example, if you had a $10,000 claim and a $1,000 deductible, you would receive $9,000 from your insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What\'s not covered by comprehensive insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Despite the term “comprehensive,” comprehensive car insurance does not cover everything. Examples of items not covered by comprehensive insurance include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Vehicle repairs after an accident</li><li>Damage you caused intentionally</li><li>Medical bills</li><li>Your personal items in the vehicle</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_collision_insurance\">What is collision insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision insurance pays for your vehicle’s repairs after an accident that you cause. It also covers single-vehicle crashes and rollovers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What does collision insurance cover?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some situations where collision insurance would come into play:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hitting a tree or telephone pole</li><li>Crashing into a building</li><li>Rolling or flipping your car</li><li>Hitting a pothole or curb</li><li>Backing into another car</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Like comprehensive insurance, collision coverage also has a deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If another vehicle is responsible for your car\'s damage, but you use your collision coverage to expedite repairs, you’ll still have to pay the deductible. However, your auto insurance company should subrogate (try to recover your repair costs from the at-fault party). If it collects from the other party, your deductible may be refunded to you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Do_I_need_comprehensive_and_collision_insurance\">Do I need comprehensive and collision insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You aren’t legally required to carry comprehensive or collision insurance, but that doesn\'t mean you don\'t need full coverage. If you have a loan or lease on your vehicle, you\'ll be required to carry comprehensive and collision. Aside from that, it\'s still a good idea for many drivers, especially those without the ability to pay for repairs out-of-pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"One of the biggest mistakes people make is not having the coverage,\" Peyton says. \"Because it\'s almost always the person who can\'t afford an unexpected expense who decides to try and save a little money by dropping coverage.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Without comprehensive and collision insurance, you are at risk of covering all repairs or the total replacement of your car on your own.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_to_get_cheap_comprehensive_and_collision_insurance\">How to get cheap comprehensive and collision insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Adding comprehensive and collision insurance to your auto insurance will cause your premium to increase. However, there are a few things you can do to reduce the cost of full coverage insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Bundle auto insurance with home insurance</li><li>Choose a car that\'s less expensive to insure</li><li>Improve your credit score</li><li>Drive less</li><li>Improve your driving record</li><li>Increase your deductible</li><li>Look for car insurance discounts</li><li>Pay your annual premiums in full</li><li>Sign up for a usage-based discount program</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Peyton says that by far the best way to save on optional coverage for your car is to combine your auto and homeowners insurance. Other top discounts include savings for safe drivers and good students.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_vs_collision_insurance_claims\">Comprehensive vs. collision insurance claims</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to collision and comprehensive insurance, the claim process works similarly. After the loss, you’ll need to document the damage and notify your insurance company of the incident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once the claim has been filed and a claim adjuster has been assigned to your claim, they will investigate the loss, verify your coverage and determine how much money you are owed. You’ll then be offered a settlement to cover the cost of your vehicle’s repairs (or purchase a new vehicle, if your car was totaled).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>In a total loss, your settlement will be based on the actual cash value (ACV) of your vehicle, minus a deductible.&nbsp;</strong>This means that depreciation is factored into the value of your car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"When_to_cancel_comprehensive_and_collision_insurance\">When to cancel comprehensive and collision insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">At a certain point, it no longer makes sense to pay for collision and comprehensive insurance. As a general rule, if your premiums and deductibles for comprehensive and collision insurance are equal to or greater than the fair market value of your vehicle, it\'s likely time to drop the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if your car is worth $1,000 and your coverage costs $500 a year plus a $500 deductible, you\'re not really getting anything for your money.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your premiums exceed 10% of your potential payout, experts say you may want to drop your physical damage coverages. Your potential payout is the value of your vehicle minus your deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example: If your car is worth $3,000 and you have a $500 deductible, your potential payout would only be $2,500 if your car was totaled, and you placed a collision claim. Using the 10 percent rule, if your collision and comprehensive coverage cost $250 or more a year, it\'s time to consider canceling the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending upon your deductible and other factors, you could consider dropping both comprehensive and collision insurance if your vehicle\'s value is below the amounts shown below, where the cost of insurance and deductible is equivalent to the value of your car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Of course, if you still have a loan on your car, you will have to keep the coverage until it’s paid off. And, at the end of the day, it’s up to you to decide whether keeping the coverage is worth the expense.</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.insurance.com/auto-insurance/coverage/comprehensive-and-collision-auto-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','Comprehensive vs. Collision Insurance: What\'s the difference?','','publish','closed','closed','','comprehensive-vs-collision-insurance-whats-the-difference','','','2023-05-30 03:43:08','2023-05-30 03:43:08','',0,'http://smartinsurance.tips/?p=3243',0,'post','',0),(3244,1,'2023-05-30 03:35:27','2023-05-30 03:35:27','','My-project-1-22-1','','inherit','closed','closed','','my-project-1-22-1','','','2023-05-30 03:35:27','2023-05-30 03:35:27','',3243,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-22-1.png',0,'attachment','image/png',0),(3245,1,'2023-05-30 03:35:47','2023-05-30 03:35:47','','My-project-1-25','','inherit','closed','closed','','my-project-1-25','','','2023-05-30 03:35:47','2023-05-30 03:35:47','',3243,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-25.png',0,'attachment','image/png',0),(3246,1,'2023-05-30 03:43:08','2023-05-30 03:43:08','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive and collision both provide coverage for damage to your vehicle, but from different types of damage. Collision covers damage from a crash, while comprehensive kicks in for non-collision events like weather damage.</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\":3245,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-25.png\" alt=\"\" class=\"wp-image-3245\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive and collision insurance are two types of car insurance that are part of a full coverage policy. They pay to repair physical damage to your vehicle after an accident, regardless of fault, or a non-collision event, like theft or weather damage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive insurance and collision insurance are not legally required, but if you have a loan or lease on your car, you’ll need both. Without comprehensive and collision insurance you will have to pay out of pocket for repairs to your vehicle in any situation where another driver\'s liability insurance isn\'t covering the cost.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Below, we’ll discuss the differences between comp and collision, the average cost of collision insurance compared to comprehensive, and why you might need a full coverage policy, even if you own your car outright.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Comprehensive insurance and collision insurance provide physical damage coverage for your vehicle.</li><li>Collision insurance pays for your vehicle’s repairs after an accident regardless of fault, while comprehensive insurance pays for non-collision damage from things like weather damage, vandalism and theft.</li><li>Collision and comprehensive insurance are typically purchased together as part of a full coverage car insurance policy.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Whats_the_difference_between_comprehensive_and_collision\">What\'s the difference between comprehensive and collision?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision and comprehensive insurance are common coverages that are part of a full coverage policy. They both cover damage to your vehicle, but from different causes.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">As the name suggests, collision insurance covers accidents. Specifically, it will pay for your vehicle’s repairs if you\'re at fault or there is no other insurance to pay for the damage. It also covers rollovers and single-car accidents. So, for instance, if you back into a telephone pole, collision insurance will pay for the repairs.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive insurance, on the other hand, pays for your vehicle’s repair or replacement after a non-collision incident that is  out of your control. For example, comprehensive insurance kicks in when your car gets stolen or vandalized, or in the case of weather-related damage. It also covers things like fire damage, flood damage and accidents with animals.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The table below lists a few examples of claims, and which type of insurance would apply to each.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><thead><tr><th>Incident description</th><th>Type of claim</th></tr></thead><tbody><tr><td>Damage from hitting a boulder in the road</td><td>Collision</td></tr><tr><td>Damage from a boulder rolling into your car</td><td>Comprehensive</td></tr><tr><td>A tree limb falls onto the car roof</td><td>Comprehensive</td></tr><tr><td>The car hits a fallen tree in the road</td><td>Collision</td></tr><tr><td>Smashed window from someone breaking into your car</td><td>Comprehensive</td></tr><tr><td>Window broken from a hit-and-run driver running into your car</td><td>Collision</td></tr></tbody></table></figure>\n<!-- /wp:table -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A notable difference between collision and comprehensive coverage is that your car insurance rate is more likely to increase due to a collision claim than a comprehensive claim. Collision claims are usually your fault, so your rate is more likely to rise. Typically, comprehensive claims are not at-fault incidents, so your rate may not increase much or at all.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_vs_collision_insurance_cost\">Comprehensive vs. collision insurance cost</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The cost of comprehensive vs. collision car insurance depends on many rating factors, including your age, gender, location, driving record, credit score and the type of car you drive.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">On average, <strong>U.S. drivers pay $263 per year for comprehensive coverage and $723 per year for collision insurance</strong>, according to the most recent rate analysis by Insurance.com.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_comprehensive_insurance\">What is comprehensive insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Comprehensive insurance is a type of auto insurance that pays for your vehicle’s repairs after a loss that is not caused by an accident. It’s often referred to as “other than collision” coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What does comprehensive insurance cover?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some types of losses that are covered by comprehensive insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Minor windshield damage</li><li>Damage caused by falling or airborne objects like hail, rocks or tree branches</li><li>Theft</li><li>Vandalism</li><li>Fire</li><li>Natural disasters</li><li>Civil disturbances</li><li>Striking an animal</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When you file a comprehensive claim, you will have to pay the deductible. For example, if you had a $10,000 claim and a $1,000 deductible, you would receive $9,000 from your insurance company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What\'s not covered by comprehensive insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Despite the term “comprehensive,” comprehensive car insurance does not cover everything. Examples of items not covered by comprehensive insurance include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Vehicle repairs after an accident</li><li>Damage you caused intentionally</li><li>Medical bills</li><li>Your personal items in the vehicle</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_collision_insurance\">What is collision insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Collision insurance pays for your vehicle’s repairs after an accident that you cause. It also covers single-vehicle crashes and rollovers.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What does collision insurance cover?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Here are some situations where collision insurance would come into play:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Hitting a tree or telephone pole</li><li>Crashing into a building</li><li>Rolling or flipping your car</li><li>Hitting a pothole or curb</li><li>Backing into another car</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Like comprehensive insurance, collision coverage also has a deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If another vehicle is responsible for your car\'s damage, but you use your collision coverage to expedite repairs, you’ll still have to pay the deductible. However, your auto insurance company should subrogate (try to recover your repair costs from the at-fault party). If it collects from the other party, your deductible may be refunded to you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Do_I_need_comprehensive_and_collision_insurance\">Do I need comprehensive and collision insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You aren’t legally required to carry comprehensive or collision insurance, but that doesn\'t mean you don\'t need full coverage. If you have a loan or lease on your vehicle, you\'ll be required to carry comprehensive and collision. Aside from that, it\'s still a good idea for many drivers, especially those without the ability to pay for repairs out-of-pocket.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"One of the biggest mistakes people make is not having the coverage,\" Peyton says. \"Because it\'s almost always the person who can\'t afford an unexpected expense who decides to try and save a little money by dropping coverage.\"</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Without comprehensive and collision insurance, you are at risk of covering all repairs or the total replacement of your car on your own.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_to_get_cheap_comprehensive_and_collision_insurance\">How to get cheap comprehensive and collision insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Adding comprehensive and collision insurance to your auto insurance will cause your premium to increase. However, there are a few things you can do to reduce the cost of full coverage insurance:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Bundle auto insurance with home insurance</li><li>Choose a car that\'s less expensive to insure</li><li>Improve your credit score</li><li>Drive less</li><li>Improve your driving record</li><li>Increase your deductible</li><li>Look for car insurance discounts</li><li>Pay your annual premiums in full</li><li>Sign up for a usage-based discount program</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Peyton says that by far the best way to save on optional coverage for your car is to combine your auto and homeowners insurance. Other top discounts include savings for safe drivers and good students.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Comprehensive_vs_collision_insurance_claims\">Comprehensive vs. collision insurance claims</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When it comes to collision and comprehensive insurance, the claim process works similarly. After the loss, you’ll need to document the damage and notify your insurance company of the incident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Once the claim has been filed and a claim adjuster has been assigned to your claim, they will investigate the loss, verify your coverage and determine how much money you are owed. You’ll then be offered a settlement to cover the cost of your vehicle’s repairs (or purchase a new vehicle, if your car was totaled).</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>In a total loss, your settlement will be based on the actual cash value (ACV) of your vehicle, minus a deductible.&nbsp;</strong>This means that depreciation is factored into the value of your car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"When_to_cancel_comprehensive_and_collision_insurance\">When to cancel comprehensive and collision insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">At a certain point, it no longer makes sense to pay for collision and comprehensive insurance. As a general rule, if your premiums and deductibles for comprehensive and collision insurance are equal to or greater than the fair market value of your vehicle, it\'s likely time to drop the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, if your car is worth $1,000 and your coverage costs $500 a year plus a $500 deductible, you\'re not really getting anything for your money.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your premiums exceed 10% of your potential payout, experts say you may want to drop your physical damage coverages. Your potential payout is the value of your vehicle minus your deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example: If your car is worth $3,000 and you have a $500 deductible, your potential payout would only be $2,500 if your car was totaled, and you placed a collision claim. Using the 10 percent rule, if your collision and comprehensive coverage cost $250 or more a year, it\'s time to consider canceling the coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending upon your deductible and other factors, you could consider dropping both comprehensive and collision insurance if your vehicle\'s value is below the amounts shown below, where the cost of insurance and deductible is equivalent to the value of your car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Of course, if you still have a loan on your car, you will have to keep the coverage until it’s paid off. And, at the end of the day, it’s up to you to decide whether keeping the coverage is worth the expense.</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.insurance.com/auto-insurance/coverage/comprehensive-and-collision-auto-insurance.html\">click here.</a></p>\n<!-- /wp:paragraph -->','Comprehensive vs. Collision Insurance: What\'s the difference?','','inherit','closed','closed','','3243-revision-v1','','','2023-05-30 03:43:08','2023-05-30 03:43:08','',3243,'http://smartinsurance.tips/?p=3246',0,'revision','',0),(3247,1,'2023-05-30 03:55:12','2023-05-30 03:55:12','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A car insurance deductible is the amount you have to pay when you file an insurance claim with your carrier. You can save money on auto insurance by raising your deductible.</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\":3248,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-26.png\" alt=\"\" class=\"wp-image-3248\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can save money on auto insurance by raising your deductible. Insurance companies offer reduced rates when drivers increase their car insurance deductible amounts because drivers take on <em>more </em>risk, making the policies <em>less</em> costly for the insurer -- this is an essential component of how car insurance works. Raising your deductible is a smart choice-as long as you can afford the deductible if you\'re in an accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This guide to auto insurance deductibles demonstrates how premiums increase or decrease when you change your deductible. It shows how deductibles affect what you pay in the short-term and over time, and gives you the tools you need to determine which deductible is right for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>A car insurance deductible is the amount you have to pay when you file an insurance claim with your carrier. You can save money on auto insurance by raising your deductible.</li><li>Insurance companies offer reduced rates when drivers increase their car insurance deductible amounts because drivers take on more risk, making the policies less costly for the insurer.</li><li>Raising your deductible is a smart choice-as long as you can afford the deductible if you\'re in an accident.</li><li>A car insurance rate comparison tool can help you easily evaluate quotes from competing insurers and show you where your best deals are at whatever deductible you choose.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_a_car_insurance_deductible\">What is a car insurance deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A car insurance deductible is the amount you have to pay when you file an insurance claim with your carrier.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, if a tree falls on your car, causing $1,000 in damage, you don\'t get a $1,000 check from your insurer. You get $1,000 minus your deductible. If your policy has a $250 deductible, your insurer pays you $750. If your deductible is $600, you should receive a payment of $400. And if your deductible is $1,000, you get nothing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You choose your deductible amount when you buy an auto insurance policy. Insurance.com\'s Car Insurance Coverage Calculator is designed to help you choose the right amount of protection for your needs, including a deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"High_deductible_vs_low_deductible_auto_insurance\">High deductible vs. low deductible auto insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When selecting your deductible, consider the following factors:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>What can you afford to pay if your car is damaged and undrivable? If you have one car and you need it to commute to work, you probably don\'t want a deductible that exceeds your emergency savings balance.</li><li>Your deductible is not a factor unless you make a collision or comprehensive insurance claim. If you make a claim against another party\'s liability insurance, no deductible is due.</li><li>A low deductible may not benefit you, because filing a claim for a low amount could raise your future premiums by more than you may collect. In reality, you would probably avoid filing a claim for damages unless they significantly exceed your deductible. For example, if your deductible is $1,000 and your damages are $1,200, you\'d probably absorb the $200 and not risk a rate increase do to filing the claim.</li><li>How much savings could you realize by raising your deductible, and how many years would it take for the premium savings to offset the extra costs if you file a claim?</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Keep in mind that adjusting your deductible amount is just one way to secure cheap car insurance. Consumers are advised to familiarize themselves with eight auto insurance aspects that can make a difference.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_can_you_save_by_raising_your_auto_insurance_deductible\">How much can you save by raising your auto insurance deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the Insurance Information Institute, increasing your deductible from $200 to $500 can make you eligible for a 15- to 30-percent premium discount, while raising the deductible to $1,000 can save you up to 40 percent. However, this varies widely depending on the state in which you live, the cost of your coverage after taking any other discounts, your driving record and your car\'s cost to repair or replace.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The chart below shows actual quotes from six insurers for a female California driver with a clean record and liability coverage limits of $100,000 per person, $300,000 per accident and $50,000 for property damage, plus uninsured motorist coverage in the same amounts. Companies differ in the discount amounts given for higher deductibles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Car_insurance_deductibles_and_claim_costs\">Car insurance deductibles and claim costs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you raise your deductible from $250 to $1,000 and save $150 per year on your auto insurance premium, it could take you five years for the lower premiums to offset the extra deductible in the event that you have a claim of $750. However, that\'s not the only factor to consider. Filing a single claim can cause your premium to increase between 10 and 40 percent, and can go higher. In that case, if your deductible is $250 and you file a $1,000 claim, a $750 insurance reimbursement could cost you an extra $400 a year for the next three-to-five years. If that potential increase could cause you to pay the repair cost yourself, there\'s little reason to go with a lower deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">On the other hand, not all insurers treat a single claim the same way. Using the same hypothetical California woman, rates were compared when the driver had a single car accident causing damages in amounts ranging from $1,000 to over $10,000. Of the six insurers quoted, only two charged a higher rate if the driver had a claim -- that\'s the good news. However, that increase went into effect whether the claim was $1,000 or $10,000, indicating that filing a smaller claim may well cost more than it pays.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_do_car_insurance_deductibles_work\">How do car insurance deductibles work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Auto insurance deductibles don\'t come into play if another driver\'s insurer is responsible for covering your damages. When your insurer will be paying, though, it works like this:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>You contact your insurer and report the incident. You\'ll also file a police report, if required.</li><li>Your insurer assigns an adjuster to you. This person will contact you and then will either inspect the damage to your vehicle or have you take the car to a certified repair shop for an estimate.</li><li>The adjuster crunches the numbers and determines what the repairs should cost, or whether the car should be declared a total loss.</li><li>If you own your car free and clear, you may be issued a check for that amount, less your deductible. If your car is financed, the check is likely to be issued to the repair shop. Note that you can choose which shop you want to complete the repairs.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_if_you_cant_pay_your_auto_insurance_deductible\">What if you can\'t pay your auto insurance deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your emergency funds are depleted and you can\'t pay your deductible, you have a few options:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Delaying repairs.</strong>&nbsp;You may be able to put off the repair until you have the money if you have alternate transportation or your car is safe to drive. Keep in mind, though, that you still need to report the claim immediately for your insurer to pay it.</li><li><strong>Shop for lower-cost repairs.</strong>&nbsp;If the check is made out to you, try searching for a few more estimates to see if you can find a cheaper repair cost. Some shops will \"waive\" the deductible, which means they\'ll perform the work for less than the estimated cost or the adjuster\'s numbers.</li><li><strong>Search for a car insurance deductible payment plan.</strong>&nbsp;Ask your preferred shop about a car insurance deductible payment plan, allowing you to pay your part of the bill over time. You\'ll probably have to pay interest, but your car can be repaired promptly.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Car insurance deductible amounts are a personal consideration. The right one for you depends on your driving record, location, financial position, insurer and other factors. You can compare quotes from multiple insurers at every deductible level by using the helpful tools at Insurance.com.</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.insurance.com/auto-insurance/car-insurance-deductibles.html\">click here.</a></p>\n<!-- /wp:paragraph -->','What is a car insurance deductible?','','publish','closed','closed','','what-is-a-car-insurance-deductible','','','2023-05-30 03:55:12','2023-05-30 03:55:12','',0,'http://smartinsurance.tips/?p=3247',0,'post','',0),(3248,1,'2023-05-30 03:45:03','2023-05-30 03:45:03','','My-project-1-26','','inherit','closed','closed','','my-project-1-26','','','2023-05-30 03:45:03','2023-05-30 03:45:03','',3247,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-26.png',0,'attachment','image/png',0),(3249,1,'2023-05-30 03:55:12','2023-05-30 03:55:12','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A car insurance deductible is the amount you have to pay when you file an insurance claim with your carrier. You can save money on auto insurance by raising your deductible.</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\":3248,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-26.png\" alt=\"\" class=\"wp-image-3248\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You can save money on auto insurance by raising your deductible. Insurance companies offer reduced rates when drivers increase their car insurance deductible amounts because drivers take on <em>more </em>risk, making the policies <em>less</em> costly for the insurer -- this is an essential component of how car insurance works. Raising your deductible is a smart choice-as long as you can afford the deductible if you\'re in an accident.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">This guide to auto insurance deductibles demonstrates how premiums increase or decrease when you change your deductible. It shows how deductibles affect what you pay in the short-term and over time, and gives you the tools you need to determine which deductible is right for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>A car insurance deductible is the amount you have to pay when you file an insurance claim with your carrier. You can save money on auto insurance by raising your deductible.</li><li>Insurance companies offer reduced rates when drivers increase their car insurance deductible amounts because drivers take on more risk, making the policies less costly for the insurer.</li><li>Raising your deductible is a smart choice-as long as you can afford the deductible if you\'re in an accident.</li><li>A car insurance rate comparison tool can help you easily evaluate quotes from competing insurers and show you where your best deals are at whatever deductible you choose.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_is_a_car_insurance_deductible\">What is a car insurance deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A car insurance deductible is the amount you have to pay when you file an insurance claim with your carrier.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For instance, if a tree falls on your car, causing $1,000 in damage, you don\'t get a $1,000 check from your insurer. You get $1,000 minus your deductible. If your policy has a $250 deductible, your insurer pays you $750. If your deductible is $600, you should receive a payment of $400. And if your deductible is $1,000, you get nothing.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You choose your deductible amount when you buy an auto insurance policy. Insurance.com\'s Car Insurance Coverage Calculator is designed to help you choose the right amount of protection for your needs, including a deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"High_deductible_vs_low_deductible_auto_insurance\">High deductible vs. low deductible auto insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">When selecting your deductible, consider the following factors:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>What can you afford to pay if your car is damaged and undrivable? If you have one car and you need it to commute to work, you probably don\'t want a deductible that exceeds your emergency savings balance.</li><li>Your deductible is not a factor unless you make a collision or comprehensive insurance claim. If you make a claim against another party\'s liability insurance, no deductible is due.</li><li>A low deductible may not benefit you, because filing a claim for a low amount could raise your future premiums by more than you may collect. In reality, you would probably avoid filing a claim for damages unless they significantly exceed your deductible. For example, if your deductible is $1,000 and your damages are $1,200, you\'d probably absorb the $200 and not risk a rate increase do to filing the claim.</li><li>How much savings could you realize by raising your deductible, and how many years would it take for the premium savings to offset the extra costs if you file a claim?</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Keep in mind that adjusting your deductible amount is just one way to secure cheap car insurance. Consumers are advised to familiarize themselves with eight auto insurance aspects that can make a difference.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_can_you_save_by_raising_your_auto_insurance_deductible\">How much can you save by raising your auto insurance deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">According to the Insurance Information Institute, increasing your deductible from $200 to $500 can make you eligible for a 15- to 30-percent premium discount, while raising the deductible to $1,000 can save you up to 40 percent. However, this varies widely depending on the state in which you live, the cost of your coverage after taking any other discounts, your driving record and your car\'s cost to repair or replace.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The chart below shows actual quotes from six insurers for a female California driver with a clean record and liability coverage limits of $100,000 per person, $300,000 per accident and $50,000 for property damage, plus uninsured motorist coverage in the same amounts. Companies differ in the discount amounts given for higher deductibles.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Car_insurance_deductibles_and_claim_costs\">Car insurance deductibles and claim costs</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you raise your deductible from $250 to $1,000 and save $150 per year on your auto insurance premium, it could take you five years for the lower premiums to offset the extra deductible in the event that you have a claim of $750. However, that\'s not the only factor to consider. Filing a single claim can cause your premium to increase between 10 and 40 percent, and can go higher. In that case, if your deductible is $250 and you file a $1,000 claim, a $750 insurance reimbursement could cost you an extra $400 a year for the next three-to-five years. If that potential increase could cause you to pay the repair cost yourself, there\'s little reason to go with a lower deductible.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">On the other hand, not all insurers treat a single claim the same way. Using the same hypothetical California woman, rates were compared when the driver had a single car accident causing damages in amounts ranging from $1,000 to over $10,000. Of the six insurers quoted, only two charged a higher rate if the driver had a claim -- that\'s the good news. However, that increase went into effect whether the claim was $1,000 or $10,000, indicating that filing a smaller claim may well cost more than it pays.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_do_car_insurance_deductibles_work\">How do car insurance deductibles work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Auto insurance deductibles don\'t come into play if another driver\'s insurer is responsible for covering your damages. When your insurer will be paying, though, it works like this:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>You contact your insurer and report the incident. You\'ll also file a police report, if required.</li><li>Your insurer assigns an adjuster to you. This person will contact you and then will either inspect the damage to your vehicle or have you take the car to a certified repair shop for an estimate.</li><li>The adjuster crunches the numbers and determines what the repairs should cost, or whether the car should be declared a total loss.</li><li>If you own your car free and clear, you may be issued a check for that amount, less your deductible. If your car is financed, the check is likely to be issued to the repair shop. Note that you can choose which shop you want to complete the repairs.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_if_you_cant_pay_your_auto_insurance_deductible\">What if you can\'t pay your auto insurance deductible?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If your emergency funds are depleted and you can\'t pay your deductible, you have a few options:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Delaying repairs.</strong>&nbsp;You may be able to put off the repair until you have the money if you have alternate transportation or your car is safe to drive. Keep in mind, though, that you still need to report the claim immediately for your insurer to pay it.</li><li><strong>Shop for lower-cost repairs.</strong>&nbsp;If the check is made out to you, try searching for a few more estimates to see if you can find a cheaper repair cost. Some shops will \"waive\" the deductible, which means they\'ll perform the work for less than the estimated cost or the adjuster\'s numbers.</li><li><strong>Search for a car insurance deductible payment plan.</strong>&nbsp;Ask your preferred shop about a car insurance deductible payment plan, allowing you to pay your part of the bill over time. You\'ll probably have to pay interest, but your car can be repaired promptly.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Car insurance deductible amounts are a personal consideration. The right one for you depends on your driving record, location, financial position, insurer and other factors. You can compare quotes from multiple insurers at every deductible level by using the helpful tools at Insurance.com.</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.insurance.com/auto-insurance/car-insurance-deductibles.html\">click here.</a></p>\n<!-- /wp:paragraph -->','What is a car insurance deductible?','','inherit','closed','closed','','3247-revision-v1','','','2023-05-30 03:55:12','2023-05-30 03:55:12','',3247,'http://smartinsurance.tips/?p=3249',0,'revision','',0),(3250,1,'2023-05-30 04:08:28','2023-05-30 04:08:28','<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A non-owner policy is car insurance for a driver who doesn’t own a vehicle but drives often. It provides liability insurance should you get into an accident while driving someone else\'s car or a rental.</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\":3251,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-27.png\" alt=\"\" class=\"wp-image-3251\"/></figure>\n<!-- /wp:image --></figure>\n<!-- /wp:gallery -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">A non-owner car insurance policy is liability insurance for people who don’t own a car, but often drive cars owned by others. A non-owner policy covers injuries and damages to others if you cause an accident in a borrowed or rented car. Non-owner car insurance can also provide you with proof of insurance if you need to file an SR-22 form.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner auto insurance meets state minimum liability requirements. It’s inexpensive; the average cost of non-owner car insurance is $380 a year. However, non-owner auto insurance doesn\'t cover any damage to the car; that falls under the owner\'s policy. In addition, it doesn\'t cover your own injuries.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Many top car insurance companies offer non-owner car insurance, but before you buy you should make sure it’s right for you. Below we\'ll explain what non-owner car insurance covers, how to get non-owner car insurance and why you might need to buy car insurance if you don\'t own a car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>KEY TAKEAWAYS</strong></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>A non-owner car insurance policy costs $380 a year on average; Auto-Owners has the cheapest coverage at $86 a year.</li><li>Non-owner car insurance provides liability coverage to drivers who don\'t own a car but still require insurance coverage.</li><li>A non-owner policy doesn\'t cover any of your injuries or damage to the car you are driving.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Can_you_get_car_insurance_without_a_car\">Can you get car insurance without a car?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Yes, you can get car insurance even if you don\'t own a car. It sounds strange, but there are good reasons to consider it. Most types of car insurance are designed to protect the owner of the car. Non-owner auto insurance protects you regardless of who owns the car you\'re driving. So, unlike traditional car insurance that follows the car, non-owner insurance follows the driver.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">\"Non-owner policies are available for individuals who don’t own a car or have regular access to a car, but who do drive on occasion,\" says Rick Kautzer, associate director of personal lines product management at Dairyland Insurance. This type of coverage pays for injuries and damages you cause in an accident when you\'re driving a car that someone else owns.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_does_nonowner_car_insurance_work\">How does non-owner car insurance work?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner car insurance is secondary liability coverage. That means the owner’s policy applies first, and any remaining liability will be paid out by the non-owner policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">For example, let\'s say you have a non-owner policy that has $40,000 in property damage liability, and the owner of the car has $20,000 in property damage liability. You cause an accident driving that car totaling $30,000 in damages, $10,000 beyond the owner\'s limits. The owner\'s policy will pay the first $20,000 Your non-owner policy will cover the extra $10,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Without the non-owner policy, you could be sued for that $10,000.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner car insurance is a good fit for you if you frequently rent vehicles or borrow a car, or are trying to keep continuous coverage when you\'re in between vehicles. Additionally, non-owner car insurance is a good option for high-risk drivers who are required to have a liability policy to keep their driver’s license or file an SR-22.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">“A non-owner policy provides the driver with protection for themself, regardless of whether the vehicle is insured,” Kautzer says. “This type of policy can also help satisfy a required proof of insurance, which helps an individual maintain an active driver’s license.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"What_does_a_nonowner_car_insurance_policy_cover\">What does a non-owner car insurance policy cover?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner auto insurance policies cover bodily injury and property damage liability only. Liability insurance covers injuries or property damage that you’re legally liable for as a result of an auto accident. It does not cover your rented or borrowed vehicle if it gets damaged or stolen while you\'re using it because collision and comprehensive coverage isn’t part of the policy.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">With a non-owner insurance policy, you can purchase different liability limits. If your state has demanded that you file an SR-22 or FR-44 financial responsibility form, the state may dictate what liability coverage amount you should obtain.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some states, non-owner auto insurance can include other coverage required by law, like medical payments or uninsured motorist coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Some insurers offer non-owner auto policies that extend coverage to rental cars. If you buy non-owner auto insurance to cover you in a rental, you should check with your insurer to confirm your policy includes rental cars. Keep in mind that rental car companies usually are required, by law, to provide the state minimum liability coverage for their cars.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Whatrsquos_not_covered_by_nonowner_auto_insurance\">What’s not covered by non-owner auto insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner insurance does not include the following types of coverages:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>Comprehensive</li><li>Collision</li><li>Towing reimbursement</li><li>Rental reimbursement</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner car insurance does not protect against:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li><strong>Damage to the borrowed or rented vehicle:</strong> You won’t be covered if you’re in an accident that causes damage to the vehicle you happen to be driving at the time. This means that if you borrow your friend\'s car and get into a fender bender with another vehicle, the vehicle\'s owner can file a claim under their own car insurance, or against the other driver\'s car insurance.</li><li><strong>Bodily injury you suffer in an accident:</strong> Non-owner car insurance policies provide liability coverage. The policy won’t cover any medical costs or lost wages that you may experience due to injuries sustained in an accident, unless that coverage is required by law in your state and is part of the policy as a result.</li><li><strong>Other drivers:</strong> Non-owner car insurance only covers the person who bought it. It does not offer coverage to other people in your household, like your spouse or others.</li><li><strong>Driving for business purposes:</strong> If you are using your car for work, like delivering packages, non-owners car insurance policy will not cover you.</li><li><strong>Personal belongings:</strong> Non-owner car insurance won’t cover personal belongings inside the motor vehicle, such as bags, laptops or other items.</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_much_does_nonowner_car_insurance_cost\">How much does non-owner car insurance cost?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>The average rate for a non-owner car insurance policy is $380 a year</strong>, based on an analysis of 2022 rates by Insurance.com.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner auto insurance costs vary, but this coverage is usually less expensive than traditional car insurance. Insurers view those who don’t own cars as less risky because they drive less frequently. Factors influencing cost include:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>The amount of liability insurance coverage you want</li><li>Your driving history</li><li>Your geographical location</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Depending on your record, high-risk auto insurance may be necessary. If this is the case, a non-owner policy is likely to cost you more than it would with a clean record.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Drivers may be considered “high-risk” if their record includes:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ul class=\"has-black-color has-text-color has-large-font-size\"><li>A DUI conviction</li><li>Reckless driving</li><li>Multiple traffic offenses within a short time frame</li><li>Driving without insurance</li></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you’re having your license reinstated after a suspension, your state may require higher liability limits than it does for others. Higher limits will cost a little more.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In some cases, you might need to file an SR-22 form. An SR-22 is proof of financial responsibility and is required by the state after someone has had their driver\'s license suspended or revoked or after a major traffic violation. Filing a non-owners SR-22 insurance form won’t add to your insurance rates, but the insurer may charge a one-time filing fee of up to $25.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Is_nonowner_car_insurance_right_for_you\">Is non-owner car insurance right for you?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">So, do you need non-owner auto insurance?</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you have a gap in car ownership, obtaining a non-owner insurance policy to maintain continuous insurance coverage is a good idea. Continuous coverage can make you eligible for discounted rates– and keeps you from rate hikes typically given to those who have a gap in coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Insurers define “regular access to a car” in various ways, with some viewing it as using a vehicle as little as once per week or four times per month.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">In certain cases, you may even opt for a non-owner policy when you own a vehicle. If you\'re required to file a certificate, such as an SR-22 or FR-44, and your current carrier does not offer them, you can take out a supplementary non-owner policy with another company to meet this obligation. Because your vehicle won\'t be covered by this secondary policy, the extra costs involved in this strategy are usually low.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Who_should_not_buy_nonowner_auto_insurance\">Who should not buy non-owner auto insurance?</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">The following scenarios indicate that non-owner auto insurance isn’t the right fit for you.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li><strong>You own a car.</strong> If you own a car, you need a standard policy.</li><li><strong>You’re listed as a primary driver of a vehicle.</strong> Some car insurance companies won’t allow you to buy a non-owner policy if there are too many primary drivers and vehicles listed on a policy. If a policy lists three drivers and three cars, and you\'re one of the drivers, you will be listed as the primary driver on the third vehicle and won\'t be able to buy non-owner car insurance.</li><li><strong>You are using a vehicle for business purposes.</strong> A commercial non-owner policy is better suited for this situation.</li><li><strong>You cannot get a valid license within 30 days.</strong> If you are currently without a valid license and will not be able to get one shortly, you cannot obtain a non-owner policy.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"How_to_get_nonowner_car_insurance\">How to get non-owner car insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">To purchase a non-owner auto insurance policy, you need only your driver’s license number and a credit or debit card. You can get proof of insurance almost immediately by email, and the car insurance company you choose can file an SR-22 or other required state form on your behalf if you need it.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You must speak with an agent to obtain a non-owner car insurance quote.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">Follow these steps to buy non-owners insurance</h3>\n<!-- /wp:heading -->\n\n<!-- wp:list {\"ordered\":true,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<ol class=\"has-black-color has-text-color has-large-font-size\"><li>Contact an auto insurance company representative about the coverage. If non-owners SR-22 insurance is required, provide the agent with your state notification number (if applicable – not all states require this).</li><li>Supply basic driving history.</li><li>Receive information on available companies and insurance rate quotes.</li><li>Choose the company and quote that best meets your needs.</li><li>Supply a down payment to begin coverage.</li></ol>\n<!-- /wp:list -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">What is non-owner SR-22 insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">Non-owner SR-22 insurance is a type of car insurance for drivers who don\'t own a car but are required to have SR-22 insurance. If your license is suspended, you might need to get this type of policy to be able to drive again.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">An SR-22 is proof of financial responsibility and is required by a state after someone has had their driver\'s license suspended or revoked.&nbsp;</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h3 class=\"has-black-color has-text-color has-extra-large-font-size\">How do you get non-owner SR-22 insurance?</h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"fontSize\":\"large\"} -->\n<p class=\"has-large-font-size\">Not every insurance company offers SR-22 policies. So, you will need to ask your current insurer – or any insurers you are considering – whether you can get this coverage.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"fontSize\":\"large\"} -->\n<p class=\"has-large-font-size\">Once you find the right insurer, the company should take care of filing the SR-22 form with the state on your behalf. However, it is always a good idea to ask your insurer directly whether it performs this service.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"textColor\":\"black\",\"fontSize\":\"extra-large\"} -->\n<h2 class=\"has-black-color has-text-color has-extra-large-font-size\" id=\"Frequently_asked_questions_Nonowner_car_insurance\">Frequently asked questions: Non-owner car insurance</h2>\n<!-- /wp:heading -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>How can you get liability insurance without a car?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">By purchasing a non-owner car insurance policy, you are getting protection for yourself should you injure another person or damage someone’s property while you are driving.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">“Only the person listed on the policy as the ‘named insured’ is eligible for coverage under a non-owner policy,” Kautzer says. “The coverage follows the listed individual, not the vehicle driven.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>What happens if I have non-owner car insurance and I buy a car?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">If you own a car, it\'s important to purchase the right kind of insurance. A traditional auto policy will cover the damage and injuries you cause to others. Non-owner auto insurance policies don’t cover you if you buy a car.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Can you drive someone else\'s car without insurance?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You don\'t need to get car insurance if you drive someone else\'s car on occasion. However, if you drive other people\'s cars often, it might be a good idea to get non-owner car insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Can you rent a car without insurance?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\"><strong>Yes</strong>, you can rent a car without having auto insurance. In most cases, rental cars come with some form of liability coverage that will protect you in case something goes wrong while driving the vehicle.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Do you need insurance if you have a license but no car?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You don\'t need car insurance if you have a license but no car. If you borrow cars occasionally, the owner\'s insurance should cover you. But if you rent cars or drive someone else\'s car frequently, it might be a good idea to get non-owner car insurance.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:heading {\"level\":3,\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<h3 class=\"has-black-color has-text-color has-large-font-size\"><strong>Can I drive someone else\'s car with my insurance?</strong></h3>\n<!-- /wp:heading -->\n\n<!-- wp:paragraph {\"textColor\":\"black\",\"fontSize\":\"large\"} -->\n<p class=\"has-black-color has-text-color has-large-font-size\">You don\'t need your own insurance to drive someone else\'s car.  Their insurance will cover you. It\'s known as \"permissive use\" which means their insurance will likely cover you in the event of an accident, as long as you have their permission. If you have insurance on another car, it will not apply to someone else\'s car; however, non-owner insurance can be used as secondary 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.insurance.com/auto-insurance/faq/insurance-for-non-car-owner.aspx\">click here.</a></p>\n<!-- /wp:paragraph -->','What is non-owner car insurance and who needs it?','','publish','closed','closed','','what-is-non-owner-car-insurance-and-who-needs-it','','','2023-05-30 04:08:28','2023-05-30 04:08:28','',0,'http://smartinsurance.tips/?p=3250',0,'post','',0),(3251,1,'2023-05-30 03:58:43','2023-05-30 03:58:43','','My-project-1-27','','inherit','closed','closed','','my-project-1-27','','','2023-05-30 03:58:43','2023-05-30 03:58:43','',3250,'http://smartinsurance.tips/wp-content/uploads/2023/05/My-project-1-27.png',0,'attachment','image/png',0),