Renting and owning: Getting insured when getting a home

Keeping the roof over one’s head insured is one of the ways people can take action to protect their homes, whether it is a rented apartment or a purchased home. Each of these distinct types of home have their own needs in terms of insurance due to the differing set of costs attached to each one. Some insurance providers, from giants like Geico and Allstate and to smaller independent players such as Freeway Insurance, provide both home and renter’s insurance.


Image credit: christopherhousefs.org

Homes that are owned by the occupants are the full responsibility of the homeowner. These are, naturally, covered by home insurance, which at the minimum should cover any damages caused to the home by robbers, unforeseen events like fires, and natural disasters. Homeowners can seek additional coverage plans for their homes as warranted by the conditions near their homes. For instance, homes located in flood-prone areas should have water damage as part of their coverage.


Image credit: bankbazaar.com

A home that is rented from a landlord does not count as someone’s property and is usually not covered by most forms of home insurance. Moreover, the landlord gets insurance aimed at protecting the building, not the tenants, and is not usually held liable for the tenant’s possessions or living expenses in unforeseen events like fires and break-ins. Tenants, whenever possible, should opt to have a clause inserted in their leases to allow renter’s insurance to protect their personal property.

Much needed peace of mind can be gained from making sure that one’s home is insured. Having home or renter’s insurance would help the residents of a house or an apartment bounce back from the ravages of unforeseen events.


Image credit: gaiam.com

For more information on home and renter’s insurance, go to this website.

Freeway Insurance: Preventing insurance fraud

Freeway Insurance image credit: theinsurgent.net

Freeway Insurance understands the significant role that insurance plays in its consumers’ lives, which is to provide peace of mind that they and their properties are protected. But this should not rush people in making their decision to purchase a policy, especially when there are risks lurking in the insurance industry. These risks include insurance fraud.

Insurance scams usually come in the form of fake insurance companies and dishonest agents who collect premiums without the intention or the ability to pay claims. They typically offer policies at lower prices in order to entice customers who are trying to save money.

Through its official website, FreewayInsurance.com, Freeway Insurance assists its clients in making smart insurance choices.

Freeway Insurance image credit: askmen.com

People are generally advised to think twice before purchasing insurance policies, particularly if they seem “too good to be true.” To protect themselves from fraud, customers can contact their state insurance department in order to confirm if the company or agent offering the policy is legitimate and licensed in the state.

Consumers can also check the explanation of benefits (EOB) to familiarize themselves with the coverage. By doing so, they can confirm if the policy really does have what they need.

The key to preventing insurance fraud is vigilance. People should research on the company or the agent they are working with and familiarize themselves with their rights as customers. With proper knowledge and sufficient information, consumers can get the insurance policy they need without endangering themselves and their loved ones.


Freeway Insurance image credit: logosdatabase.com

More information about Freeway Insurance and insurance policies is available at this website.

So you're planning a trip to Mexico: Freeway Insurance and getting cross-border coverage

Freeway Insurance image credit: ontheroadin.com

Suppose you were going south of the border for the holidays. Accidents can happen along the way and your current insurance may not cover it. For Freeway Insurance, getting additional coverage beforehand may spell the difference between a simple setback and a ruined vacation.

Chances are that your insurance coverage in the United States may not apply or may be extremely limited in Mexico. Laws vary by the region, and getting involved in an accident such as a car collision can leave you guilty, even when not at fault, until an investigation can take place. These investigations can take days to process, and you may be arrested and your car may be impounded.

To avoid these kinds of hassles, you can purchase additional insurance coverage and liability insurance to cover for unforeseen events that may happen south of the border.


Freeway Insurance image credit: elliott.org

Freeway Insurance offers affordable insurance coverage with low deductibles throughout Mexico.

Insurance bought must be issued in the name of the vehicle’s owner; in Mexico, no one, save the owner’s spouse or children, is allowed to drive the vehicle unless the owner is riding inside it.

Going to Mexico during the holidays should be a worry-free and enjoyable experience, and concerns like accident coverage can be put to rest when you have ample coverage. You can access more information from the Freeway Insurance website.


Freeway Insurance Image credit: trademarkia.com

True or false: Freeway Insurance and car insurance myths

Anyone who drives needs car insurance from companies like Freeway Insurance. For some owners, however, getting car insurance can get complicated with all the information one needs to know and understand before purchasing one. It does not help that there are some "car insurance myths" that some owners believe to be true. Below are some of these folklores:

                                     Freeway Insurance Image Credit: Freeenterprise.com

Myth: Red cars are the most expensive to insure.

Fact: A red car will not cost an owner more green, contrary to what some drivers perceive. The notion that drivers of red cars pay higher insurance premiums is a myth for companies will likely not even ask the color of the car when working on the car insurance rates. This myth probably came from the idea that people who drive red sports cars are reckless. Companies, like Freeway Insurance, will be more interested in the year, manufacturer, model, body type, engine size, and age of the vehicle, when drawing up an insurance policy.

Owners who want to get a free quote for their cars can do so through FreewayInsurance.com. 

                                           Freeway Insurance Image Credit: CBC.ca

Myth: Thieves prefer to steal new cars.

Fact: It is the other way around as statistics reveal thieves target older vehicles. According to the 2011 report of National Insurance Crime Bureau, the most stolen vehicles in the United States include:

1. 1994 Honda Accord 
2. 1998 Honda Civic
3. 1991 Toyota Camry 
4. 1994 Acura Integra
5. 1999 Chevrolet Pickup

                                  Freeway Insurance Image Credit: Finance-Weblog.com

The reason older vehicles are likely to be stolen is because they are easier targets for thieves. Older vehicles are easier to break into and have less complicated security measures.

Whether driving a red sports car or an older vehicle, it is best to get insurance for your vehicle. Freeway Insurance representatives can help you. Visit this website to know more.

Freeway Insurance Services and the role of auto insurance in vehicle ownership

Vehicle ownership is a necessity for some and a privilege for others. Regardless of purpose, owning an automobile is a serious financial undertaking. Companies, like Freeway Insurance, provide a safety net for vehicle owners by providing vehicle insurance, which would help finance the necessary repairs in the event that an accident were to cause damage to the vehicle.

Freeway Insurance Image Credit: centralvalleyshops.com

Vehicles, from a car for personal family use to a truck or van for business purposes, are an important investment. A lot goes into paying for the machine’s initial cost—which can have a price similar to that of a house—and the maintenance and fuel costs it entails in the long run. Cars, vans, and trucks provide an indispensable service to individuals, families, and businesses in return, so it is vital that these vehicles be kept operational.

Freeway Insurance Image Credit: investmentsandincome.com

Acquiring auto insurance from companies like Freeway Insurance gives the vehicle owner some peace of mind in the event that something were to happen to the owner’s vehicle. Choosing the right insurance coverage is important as well, given that some vehicles need more coverage than others, depending on the overall need of the vehicle owner.

Freeway Insurance Image Credit: comparecom.co.uk

Providing auto insurance enables the vehicle owner to pay for the damages caused by unforeseen events and mitigate the financial burden that results.

More information can be accessed from Freeway Insurance’s official website.

Freeway Insurance: Factors that determine renters insurance cost

Freeway Insurance Image credit: mynewplace.com

Just like any other homeowner, renters are also encouraged to purchase renters insurance for their own protection. According to insurance companies, such as Freeway Insurance, renters insurance provides coverage for stolen, damaged, or lost properties. And just like any other type of insurance, the cost of renters insurance depends on several factors, among them are the following:

Amount of coverage. Renters insurance generally includes a personal property coverage that protects items, such as furniture and clothing, against losses or damages. However, valuable items, such as antiques and jewelry, may require additional coverage which will be purchased by the owner.

Location. Insurance costs vary depending on the city and state. They also vary depending on risk factors such as crime and natural or man-made disasters. Insurance companies, such as Freeway Insurance, take into account the neighborhood’s crime rate and how prone it is to flooding, earthquakes, fire, and other natural or man-made disasters.

Freeway Insurance Image credit: yaffeteam.com

Security. Renters who live in a house or unit installed with smoke detectors, fire alarms, security systems, and the like may receive discounts from insurance companies. This also applies to homes with a sprinkler system, fire extinguisher, dead bolts, and other things that may protect or save the house from fire or intruders.

Freeway Insurance Image credit: rentpost.com

Aside from considering these factors, renters should also ask insurance companies for any discounts that they may avail. This could also help them save a lot of money in paying for renters insurance premium.

Freeway Insurance offers an online quote for those who want to purchase renters insurance. Visit FreewayInsurance.com to learn more.

Freeway Insurance: The importance of having life insurance

Photo Credit: centralvalleyshops.com

It is a daunting but hard fact that life’s greatest uncertainty is when a person faces death, which is why insurance companies like Freeway Insurance stress the importance of having a life insurance early on.


A look at what life insurance is
 

Freeway Insurance Photo Credit: starrettlawfirm.com

Life insurance is an agreement between an insurer and a policy holder where the insurer agrees to pay a certain amount of money to the policy holder’s beneficiary in the event of his or her death. Also, it can be a form of life savings for the policy holder. People who want to purchase life insurance may choose between term and permanent life insurance, depending on their needs.

The importance of life insurance

It is a common misconception that only middle-aged people with families are those who need life insurance. But insurance companies such as Freeway Insurance believe that even those in their 20s must consider getting life insurance especially if they are the primary breadwinners of their family. In addition, insurance companies offer smaller premiums to younger people with no serious health conditions.

Photo Credit: mafamily.org

The main importance of having life insurance is ensuring that a person’s family remains financially stable in case he or she dies unexpectedly. Also, if the policy holder becomes terminally ill, his or her life insurance can help in paying for the medical bills.

Life insurance is perhaps one of the most worthy investments that people can have. Aside from having the peace of mind that their families would be provided for even after their death, people are also provided with a source of income when they go into retirement.

Freeway Insurance offers low-cost plans for life insurance. More information is available at www.freewayinsurance.com.