NW INSURANCE QUOTES
Protect your family with insurance
Business solution for everyone
Protects your assets against attachment as a result of a court award. Provides for cost of defense when you are sued. Allows you to purchase such high value items as a car or a home by insuring the collateral on behalf of the financial institution that lent you the money. Provides financial security for your family in the event of your death. Provides for the health care of you and your family through systematic payments. Allows you to save for retirement while deferring interest payments to a time when your income is lower, thus reducing your tax payments. Allows you to remain financially solvent when you’re ill and can’t work. What factors affect the insurance premiums I pay? Claims activity including such costs as medical care, auto body repair, construction, legal defense, jury awards, claims adjustment, and insurance fraud. Overhead including rent, utilities, employee salaries and benefits, office supplies, equipment, and furniture. Investment income.
Where you keep your car directly affects your chances of having an accident or becoming a victim of theft or vandalism. The likelihood of encountering these problems increases in larger, more densely populated cities, while such incidents remain relatively low in rural areas. Additionally, the time and efficiency of police response and law enforcement, local road and traffic conditions, and the quality of local medical services can affect regional insurance rates. Some insurers even factor in the litigation rates in a given area (how many lawsuits are filed, go to trial, out of court settlements, and their amounts).
“Exact” coverage is impossible to define because there are different policies and about 900 insurance companies writing Property/Casualty business in the United States. However, 80% of Homeowners policies are based on a standard form. All Homeowners policies cover two important areas: Property and Liability. Property insurance covers your structures and possessions. Personal Liability, as its name implies, means you’re legally obligated to pay money to another person for actions caused by you, your family, or your property. That liability extends to medical payments to others for injuries caused by you or your family.
Generally, no. The property owner’s insurance covers the building itself and seldom a tenant’s possessions or liability. Clarify this with your landlord before signing a lease.
Yes. Your chance of suffering a loss begins with the first day of business. If you suffer a loss and have no insurance or have improper or insufficient coverage, your insurance agent can do little, if anything, to help you. Also, many states and local jurisdictions require businesses to have insurance to begin operating. And if you rent space for your business, your landlord probably requires you to obtain adequate insurance.