Battling Blizzards: The Importance of Insurance for Utah Homeowners
Utah’s winters can be brutal, with temperatures often falling below freezing. Depending on where you live, you may see up to a foot of snow. These conditions can quickly turn hazardous, especially if your home sustains damage during extreme weather. Fortunately, you can protect your family and property with the right homeowners insurance policy. Understanding […]
Homeowners Insurance Essentials for Utah’s High-Value Homes
Utah’s breathtaking landscapes and thriving real estate market have made it a haven for high-value homes. These properties require specialized insurance to ensure comprehensive protection. Understanding the intricacies of homeowners insurance for these properties is crucial for homeowners seeking peace of mind and financial security. This article outlines the unique considerations and essential coverage options […]
How Your Business Could Survive Winter Construction
Fixing buildings never ends, and knowing how your business can survive winter construction is essential to know how to prosper. According to statistics, the construction industry in the U.S. is worth an estimated $1.6 trillion. With so much money on the line, it makes sense that construction companies would feel pressure to continue working year-round […]
Utilizing Surety Bonds for Your Business
Surety bonds are a necessary form of guarantee for small businesses and individual contractors that helps them avoid some liability. Surety bonds come in handy in construction, transportation, and mortgages. Plenty of other industries rely on surety bonds, too, thanks to the level of protection they offer to all parties involved. A traditional insurance policy […]
How Lender-Placed Insurance Can Help
Lender-placed insurance is something that can help consumers when they are in need extra assistance in the event of a natural disaster. Recently, insurance companies have scrutinized companies for potential risk, considering the potential for large claims and loss. Floods and natural disasters make specific properties vulnerable. Similarly, insurers can withdraw their coverage, leaving industry leaders […]
Protect Yourself from Landslides and Mudslides
Landslides occur when masses of rock, earth, or debris move down a slope. Debris flows, also known as mudslides, are a common type of fast-moving landslide that tends to flow in channels. What causes landslides and debris flows Landslides are caused by disturbances in the natural stability of a slope. They can accompany heavy rains or follow droughts, […]
Protecting Your Home from an Earthquake
Earthquakes typically occur without warning, so there’s no time like the present to help make sure your home is safe. Consider these precautions to help protect yourself and your belongings before an earthquake happens. Scan Your Home for Potential Hazards Household items can be shaken loose or fall during an earthquake. Make sure heavy items […]
Homeowners Insurance: What is loss of use coverage?
What is Loss of Use insurance coverage? Loss of use coverage pays to maintain your standard of living while your residence is being repaired or rebuilt in the event of a covered claim. In most cases, loss of use covers the excess of what you normally spend for certain things. For instance, let’s say your […]
Homeowners Insurance: Replacement Cost Value vs. Actual Cash Value
Your home is protected by dwelling coverage (also called “Coverage A”). The amount of dwelling coverage is usually based on the cost to rebuild your home. Most standard policies cover your home at Replacement Cost Value (RCV). That means if your home is insured up to $250,000, then you may get up to that amount […]
9 Ways to Lower Your Homeowners Insurance Costs
We are frequently asked what consumers can do to lower their homeowners insurance premiums. The following tips will hopefully help provide some guidance on saving money without sacrificing coverage: 1. Raise Your Deductible Deductibles are the amount of money you have to pay toward a loss before your insurance company starts to pay a claim, […]
