In celebration of this national holiday, enjoy this compilation of some of the funniest 420 comedy that has come through the Laugh Factory in Hollywood!
In this video, we are presenting 8 types of Death that are not covered in Term Insurance Policy & eight types of Deaths in which Insurance Company rejects the …
After becoming a homeowner, you’ll likely consider purchasing a home warranty plan. In essence, a home warranty plan protects you against unexpected expenses from costly repairs on your home systems and appliances. Home warranty plans typically cover appliances such as your washer and dryer, air conditioning system, major kitchen appliances, and your home’s plumbing and electrical systems.
Home warranty coverage is something that you can add at any point during home ownership, and it plays an important role in keeping the things you love up and running. Although not required, there are many reasons why homeowners decide to purchase a home warranty plan. In this guide, we’ll go over the top five reasons why home warranty coverage can be a valuable purchase.
1. Protects Your Budget
As a homeowner, budgeting is essential as it helps you save money and plan for things you want to accomplish. However, just because you have a budget in place doesn’t mean it will be easy to stick to. After all, life does happen, and unexpected expenses are always around the corner.
Purchasing a home warranty plan can help your monthly budget stay intact. For example, if your air conditioning system malfunctions and requires significant repairs, you could be in the hole for thousands of dollars. With a home warranty plan, however, the repair or replacement costs will be covered. This will apply to any listed appliances, such as your loyal refrigerator or dryer. Purchasing a warranty plan prevents these costly repairs from putting a significant dent in your budget and setting you back.
2. Provides Quality Help
For some, the prospect of having to fix a broken microwave or dishwasher is an exciting home project. However, if you’re not one of those people, having home warranty protection is an excellent idea because you will have someone standing by to handle tricky repairs for you. Most quality home warranty companies have a network of service providers in your area who are:
Licensed and insured to help you avoid scams
Monitored closely and scored based on customer feedback
Carefully vetted and approved before being sent to your home
Trained to effectively repair a wide range of systems and appliances
3. Covers Only What You Need
Home warranty plans are not “one size fits all.” This means that you won’t have to pay for coverage on things you don’t even own. A good home warranty company will present you with several options for coverage that will work best for you. This gives you the flexibility to choose the one that best fits your needs and budget. For instance, if you don’t own a hot tub, why should you have to pay a premium for hot tub repair? Coverage flexibility allows you to get a great deal on protecting the appliances that matter most to you.
4. Discover More Ways to Save
Fun fact: in addition to helping you save on repairs, home warranty plans can also come with some additional perks. Imagine being able to buy new appliances at a discounted rate! Since brand-name appliances can be expensive, this is a big deal. Depending on your provider, you may be eligible for special saving opportunities through your home warranty plan. In addition, keep an eye out for enrollment offers that could give you 1–2 months free when you sign up for a year-long plan.
5. Gain Peace of Mind
Although savings are great, the true benefit of a home warranty plan is the added peace of mind knowing your home’s systems are covered. The last thing you want to worry about is one of your home’s major appliances failing without the funds to properly fix or replace them.
When you enroll in a home warranty plan, you position yourself to avoid hefty repair costs and know exactly who to call when your refrigerator, dishwasher, or any other covered appliances you rely on daily need fixing. These appliances undergo a significant amount of wear and tear over time. A home warranty plan allows you to live your life without major setbacks slowing you down.
AIS Can Help
For most homeowners, a home warranty plan is an excellent complement to homeowners insurance that helps to maximize your coverage. If you’re interested in purchasing home warranty coverage, AIS has partnered with Cinch to offer plans that can protect your home’s appliances and major systems. To learn more about how affordable a Cinch home warranty can be, begin your quote online or call (833) 640-0969.
The information in this article is obtained from various sources and offered for educational purposes only. Furthermore, it should not replace the advice of a qualified professional. The definitions, terms, and coverage in a given policy may be different than those suggested here. No warranty or appropriateness for a specific purpose is expressed or implied. The opinions expressed by guest bloggers are theirs alone and do not reflect the opinions of AIS Management LLC, any subsidiary or affiliate of the same, or any employee thereof. We are not responsible for the accuracy of any of the information supplied by guest bloggers.
It’s been a challenging couple of years for many industries, and unfortunately, 2023 is shaping up to be another tough hill to climb. With a potential recession looming and an unpromising outlook on when sky-high prices will drop, this atmosphere will have a strong impact on the way companies conduct their business and in the form of attracting new customers. From consumer behavior changes to economic uncertainty, here are the top business trends you need to know.
1. Continuous Investment in Digital Transformation
In 2023, companies will continue investing in new technology that can improve their efficiency and services. Although conventional wisdom calls for reducing costs in a down economy, a Gartner survey of more than 200 CFOs found that 69% plan to increase their spending on digital technologies. In the same report, Worldwide IT spending is projected to total $4.5 trillion in 2023, a 5.1% increase from 2022. By investing more money into technology, companies can be more agile, adaptable, and efficient when disruptions like supply chain issues and changes in product demand occur.
2. Rise in Ads and Communities on Social Media
Running a business without having a social media presence is almost unheard of. According to the latest data, the average social media usage of users worldwide amounts to two hours and 27 minutes daily in 2022. The importance of social media marketing and ad spending will likely continue to increase. Additionally, businesses find value in building a social media community as part of their overall social media strategy. For example, brands such as Airstream and ButcherBox have started connecting with more authentic influencers and found tremendous success targeting niche communities.
3. Ongoing Inflation
Inflation has been on the rise for a long time and there are no signs that this will change in 2023. This poses significant challenges for small businesses as they may see reduced revenue impact as customers are more conscious of their spending. To combat this and stay afloat, companies must map out their entire processes, look at their cash flow, and identify any exposure. Businesses can also lean toward reducing operating costs, streamlining activities, and improving efficiency.
4. Demand for Sustainability
People have been talking about sustainability for years, but in recent years, it may now make a difference in consumer choices. According to Deloitte, there’s been a sharp increase in customers adopting more sustainable lifestyles. Consumers are more likely to invest in businesses that commit to sustainable practices, such as if their products and services are sourced from environmentally friendly partners and other measures to reduce their carbon footprint.
5. Safeguarding Security and Customer Data
You’ll likely be handling customers’ personal information if you’re running a business with any digital footprint. All this information is a gold mine for hackers looking to capitalize on vulnerable areas in your cyber security. In a report conducted by McAfee, close to $600 billion, nearly one percent of global GDP, is lost to cybercrime each year. With the risks of hacking and data breaches rising, businesses should look into purchasing Cyber Liability Insurance to protect themselves from liability lawsuits and other losses.
6. Challenges in Staffing Issues
Over the past year, terms like ‘quiet quitting’ and the ‘great resignation’ gained a lot of traction. Continuing into 2023, workers will continue to reassess their work-life balance and look for better working conditions. Overworked employees are beginning to shun high-stress work environments and gravitate toward companies promoting work-life balance. Employees who’ve had the opportunity to work remotely aren’t quick to give in to companies who’d like them back in the office. As these trends persist, businesses must embrace the change and be more flexible. To attract new top talent, companies can start by providing attractive careers, the flexibility of hybrid work, and an enticing company culture.
Stay On Top Of Trends In The Insurance Industry
As a small business owner, it’s important to understand these trends and consider how they might impact your company. Trends are also reshaping the insurance industry too. But one thing you shouldn’t have to worry about is wondering if you have the right insurance coverage. Let us help remove the stress of finding affordable business insurance so you can focus on growing your company. Speak with one of our Commercial Insurance Specialists today at (855) 919-4247 for a quick and easy free quote.
The information in this article is obtained from various sources and offered for educational purposes only. Furthermore, it should not replace the advice of a qualified professional. The definitions, terms, and coverage in a given policy may differ from those suggested here. No warranty or appropriateness for a specific purpose is expressed or implied.
Life Insurance for Seniors Over 80 in Cheap Compare Rates Are you searching life insurance for seniors over 80 to 85, Quotes here you can find best and top …
In June of 2019, Michigan’s No Fault Auto Insurance law was reformed. Some of the law went into effect immediately after passage, but the major portion about …
In the life insurance business, an objection is often raised by customers that they do not have money. Handling objections is an art in the life insurance business.
As a driver, you understand the importance of insurance. Not only is auto insurance required in nearly every state, but a well-crafted policy can help protect your assets in the event of an accident. However, because everyone’s needs are different, there are a few costly mistakes many people make when shopping for coverage. So, to help you put together your ideal policy, we put together this list of six auto insurance mistakes to avoid.
Common Auto Insurance Mistakes to Avoid
1. Purchasing Too Little Insurance
When shopping for auto insurance, it’s tempting to simply search for the lowest premium available—especially if you’re already on a tight budget. Unfortunately, while this may help you save upfront, you could be left with hefty out-of-pocket expenses should you be involved in an accident.
A common mistake drivers make is assuming their state’s minimum requirements will fully cover their expenses after an accident. This is most often not the case. For example, most states only legally require liability insurance, which doesn’t cover damage to your vehicle. In addition, some minimum requirements can be low, leaving you responsible for any remaining costs.
Additionally, suppose you own a higher-end vehicle. In that case, we recommend you purchase both collision and comprehensive coverage, which covers damage to your car, including theft.
2. Purchasing Too Much Coverage
On the flip side, it’s just as possible to purchase too much coverage and be over-insured. For example, if you drive an older vehicle with a low market value, purchasing coverage types such as collision and comprehensive may cost more than any potential payout you’ll receive after an accident. Therefore, we recommend comparing the value of your vehicle to the cost of these policies when considering additional coverage types. A licensed insurance agent can help you decide.
Some insurers may recommend add-ons such as towing or roadside assistance when starting a new policy. While having these types of coverages is important, you may already have similar benefits by being a part of an association like AAA. Additionally, many new car warranties may include roadside assistance for the first year or two after your purchase.
To avoid paying double for similar services, review any auto benefits you may have outside of your insurer before agreeing to common add-ons.
3. Not Shopping Around
Purchasing auto insurance is a lot like buying a car—you have to actively search around to find the best deal.
A common mistake many consumers make is failing to compare quotes from different insurance providers. Insurance costs can vary greatly depending on the insurer. For example, some companies may work better for drivers with accidents on their records than others.
If you’re considering the purchase of a new car, we recommend you begin your insurance search as soon as you decide on the type of car you’d like. That way, you’ll have plenty of options to choose from instead of settling on the first available.
At AIS, we make it easy to compare quotes from our network of insurance partners. Visit our website to get a free online quote today.
4. Setting Your Deductible
Avoiding auto insurance mistakes begins by understanding the policy you’re about to purchase. In insurance, a deductible represents the amount you must first pay before your insurance covers the rest (up to your coverage limits). In addition, it’s essential to understand that auto insurance deductibles are typically on a per claim basis, unlike annual health insurance deductibles.
Generally, a higher deductible means a lower insurance premium but higher out-of-pocket expenses if involved in an accident. On the other hand, a lower deductible means a higher premium but fewer out-of-pocket expenses.
When deciding your deductible, consider an amount you’ll be comfortable paying should your vehicle need any repairs.
5. Thinking You’re Fully Covered
When shopping for auto insurance, you may come across a general term: full coverage. While some may use the term to describe a combination of coverage types that protect a vehicle, the truth is that there is no universal definition of full coverage.
Depending on where you live, some insurance coverages are required by law, such as liability insurance. However, other coverage types, like rental car reimbursement, are purely optional in most situations.
Full coverage is often used to describe a policy that includes state-required liability insurance, collision, and comprehensive coverage. However, what constitutes as being “fully covered” will ultimately depend on your specific situation and will vary from driver to driver. To avoid mistakes, review every policy carefully to be sure you understand what’s covered—and what might not be—before signing.
6. Not Asking About Discounts
Shopping around isn’t the only way to save on auto insurance. One of the most common mistakes we see involves drivers not taking advantage of the discounts available to them. In fact, most carriers offer a long list of discounts you may already be eligible for by simply being the person you are.
Always ask your agent if you qualify for any discounts when renewing or updating your policy. For example, typical discounts include:
Good student discounts for full-time students with a high GPA.
Multi-policy discounts for those with multiple vehicles on their policy.
Organizational discounts, such as being a AAA or Sam’s Club member.
E-bill or autopay discounts for specific account settings.
Good driver discounts for drivers that haven’t been involved in any accidents.
Claim free discounts for those without claims on their records.
AIS Helps Make Auto Insurance Simple
Understanding common auto insurance mistakes and how best to avoid them will help you when shopping for auto insurance. However, if navigating the insurance market feels overwhelming, you’re not alone. At AIS, our goal is to help our customers find the auto policy that works best for them. So whether you’re preparing to insure a new car or switching carriers, our insurance specialists are here to help.
If you have any auto insurance questions, give us a call at (888) 772-4247 to speak with an insurance specialist, or start your quote online.
The information in this article is obtained from various sources and offered for educational purposes only. Furthermore, it should not replace the advice of a qualified professional. The definitions, terms, and coverage in a given policy may be different than those suggested here. No warranty or appropriateness for a specific purpose is expressed or implied.
