December 18, 2024
millerinsIs my home based business covered by my homeowners insurance?
Whether your home business is covered by your homeowners insurance depends on the specific details of your policy and the nature of your business. Typically, standard homeowners insurance policies offer limited coverage for home businesses. Here are some key factors to consider: 1. Standard Homeowners Insurance Coverage Personal Property: Homeowners insurance may cover personal property […]
December 2, 2024
millerinsWhat does my driving say about me in regards to insurance?
Your driving habits can significantly influence how insurance companies assess your risk level, which in turn affects your premium. Insurance companies use various factors to determine how much of a risk you present as a driver, and these factors help them set your rates. Here’s how your driving behavior might be interpreted: 1. Driving Record […]
December 2, 2024
millerinsThe importance of maintaining your home for insurance purposes
Maintaining your home is crucial not only for ensuring a safe and comfortable living environment but also for preserving your insurance coverage. Here are several reasons why regular home maintenance is important for insurance purposes: 1. Protecting Your Coverage Most homeowners’ insurance policies require the property to be well-maintained. If damage occurs due to neglect, […]
November 7, 2024
millerinsAre electric vehicles harder and more expensive to insure?
Yes, electric vehicles (EVs) can be more expensive to insure than traditional gasoline-powered cars, although this can vary based on several factors. Here are the main reasons why EVs might be more expensive to insure: 1. Higher Initial Purchase Price Cost of the vehicle: EVs, especially new models, tend to be more expensive than comparable […]
October 22, 2024
millerinsWhat does a typical homeowners insurance policy not cover?
A typical homeowners insurance policy generally does not cover the following: Flood Damage: Flooding typically requires separate flood insurance. Earthquake Damage: This often requires a separate policy or endorsement. Maintenance Issues: Damage from lack of maintenance, such as mold or pest infestations, isn’t covered. Sewer Backup: This often requires additional coverage. Wear and Tear: Normal […]
October 14, 2024
millerinsThe purpose of property and liability insurance
Insurance is primarily designed to protect individuals and businesses from significant financial losses due to unexpected events, such as accidents, natural disasters, or other unforeseen circumstances. By pooling risks among many policyholders, insurance companies can help mitigate the financial impact of these large losses, allowing people to recover more easily. This can include coverage for […]
October 1, 2024
millerinsThe importance of employee driving history and its impact on your business auto insurance
Understanding employee driving history is crucial for businesses that operate vehicles or require employees to drive as part of their job. Here’s why it matters and how it impacts your business auto insurance: 1. Risk Assessment Insurance Premiums: Insurers assess risk based on driving history. Employees with clean records may lead to lower premiums, while […]
September 11, 2024
millerinsHow insurance companies are protecting your homes from wildfires
Insurance companies are increasingly proactive in protecting homes from wildfires through a range of strategies and technologies. Here’s a look at some of the key approaches they use: Risk Assessment and Modeling: Insurers use advanced risk assessment tools and models to evaluate the likelihood of wildfires in specific areas. This includes analyzing historical data, weather […]
September 5, 2024
millerinsWhat college students need to know about insurance
Unless you’re still living at home, driving the same car and logging roughly the same mileage you did in high school, your insurance needs are likely to change when you leave for college – at least a little bit. Here are answers to college students’ top questions about insurance: Are my car insurance rates going […]
August 22, 2024
millerinsThe problems with buying cheap auto and home insurance
Buying cheap auto and home insurance can seem like a good idea to save money, but it can come with several risks and drawbacks: 1. Limited Coverage Auto Insurance: Minimum Coverage: Cheap auto insurance often provides only the minimum coverage required by law, which may not be enough if you’re involved in a serious accident. […]