Today, the most reputable and successful firms in the United States provide health coverage to their employees. Currently, about 156,199,800 Americans receive employer-sponsored health insurance. As an employer, you can also offer health coverage to your employees and their families through group health insurance.
Why is Group Health Insurance Becoming Increasingly Popular?
As you know, healthcare in the US has become progressively expensive and unaffordable for ordinary citizens. Every American is looking for health insurance to cover their medical expenses if they get ill or injured.
Vehicle accidents occur unexpectedly, and your car may get severely damaged. Hence, you may encounter financial losses due to repair and replacement. Therefore, car insurance is necessary to mitigate unexpected car damage costs. Here are four reasons for buying vehicle insurance.
1. Financial Protection
When you get involved in a collision and you're liable, you may have to cater to vehicle repair costs that the other involved parties incur. Additionally, the collision may lead to bodily injuries, and you may have to pay for the treatment costs of the injured people.
Are you looking for home insurance? Your home coverage needs determine the policy choice you make. However, your selection often makes the difference between being fully covered or underinsured. Here are the types of coverage you should have in your main home insurance.
Building insurance covers any cost incurred to rebuild or repair your home and property. Ordinarily, the policy covers all the structures within your home premises. Such buildings may include your residential house and garage.
If you're in the process of purchasing your first home with financing, one of the requirements is that you have your home insured. However, first-time home buyers typically have a lot of questions about home insurance before they purchase a policy. Here are some things you need to know before you get homeowners insurance.
Why Is Homeowners Insurance Required?
Owning a home and having homeowners insurance is not necessarily a requirement, even though it's a good way to protect your investment.
Shopping for home insurance? You likely have heard of HO2 coverage, but not sure what it means. Here is what you can expect to be covered when you purchase this kind of policy.
Fire and Lightning
One of the more disastrous reasons that someone may need to use home insurance is because of a fire. If your home were to catch fire due to issues outside of your control (i.e. a kitchen fire, electrical fire, or lightning strike), you would be covered with your home insurance policy.