You would never want to compromise the safety of your loved ones in your home or the valuables you store there. Sometimes families do not know where to start when it comes to actually protecting themselves. Here are a few basic tips to prevent a burglary in your home.
When it comes to insurance coverage it is usually pretty normal and may include auto, homeowners, renters, or commercial insurance policies. However, these types of policies are only a few of the more odd and some would say frivolous forms of coverage that are available. So why would someone want to insure more than their basic property and possibly a life insurance policy? Much of this depends on the individual and or what career or value they place on it. For example if you owned and trained a race horse it would be in your best interest to have an insurance policy in case the horse was injured or died. Some may think it is strange to provide coverage to an animal but it is more than just an animal it represents a career and income. This is a more reasonable example compared to someone who insures their mustache for 400,000 dollars. The fact is pretty much anything can be insured depending on the company.
Keep your light fixtures on automatic timers that are set to turn on in the evening and off in the morning. This makes the house look like someone is inside using that light without having to leave it on all day and waste energy.
General Liability Insurance: This insurance provides protection and damages if your employees or to yourself. This can also include coverage if your product or service caused damage to property or bodily injury to a third party.
Business owners policy: This may include a package coupled with property insurance, vehicle coverage, crime insurance which can be grouped together based on the company’s needs.
Property Insurance: Covers liability of company property and the land included in the policy. This is important because property can be vulnerable to vandalism, fire damage, and theft. If property is not protected it can affect the ability for a business to operate.
In addition, pack up anything that you usually feel may be safe to leave outside. Any bicycles, lawn mowers, snow blowers, or barbecues left outside while you are gone are fair game in the eyes of a burglar. Even if they come searching for them let them know that you are aware by installing motion-sensitive lights in your backyard.
Ken Dodd: Insured his buck teeth for $7.5 million because they were so important to his comedic act.
These systems provide a peace of mind to homeowners, especially when out of town and unable to find a house sitter.
Another insurance coverage that has been recently challenged is what kind if any healthcare insurance should be provided to employees. Health insurance is expensive and can be burdensome especially on small businesses. The Affordable Care Act has created some real challenges for small business owners ranging from higher insurance premiums, not hiring part-time employees, to less money for trading and new technology development.
By law under the act companies are required to provide health insurance coverage to fulltime employees who have benefits or they will be fined. This can create many problems financially for small businesses that are trying to cut costs. Whether or not the Act will have a dramatic influence on small businesses that are required to provide health coverage, it is still too early to tell. However, looking for other types of coverage or assisting employees in finding an affordable plan may help to lessen the burden of high premiums on the business owner. Ultimately, the need to insurance coverage for a small business to a large corporation is vital since it protects both the employer and employees.
Colonial Insurance & Financial Services is located in Conway, South Carolina and is independently owned and locally operated to handle your insurance needs. We believe that local insurance agencies can best serve your insurance needs.