Gap insurance is a policy that covers the difference (or “gap”) between the amount you owe on your car loan or lease and the car’s actual cash value (ACV) in the event that your vehicle is totaled or stolen. For example, if you purchased a car for $30,000 and took out a loan to finance … Read more
Collision insurance is a type of auto insurance that covers damage to your vehicle when you are involved in a collision, whether you are at fault or not. This includes accidents involving another vehicle, as well as collisions with objects like a fence, tree, or guardrail. Unlike liability insurance, which covers damages you cause to … Read more
Car insurance is a contract between a vehicle owner and an insurance company that provides financial protection against various risks associated with owning and operating a vehicle. When you purchase car insurance, you pay premiums to the insurance provider in exchange for coverage in the event of an accident, theft, or other covered events. In … Read more
Cyber liability insurance is a type of coverage that helps businesses protect themselves from the financial fallout of cyberattacks and data breaches. These incidents can range from hacking and ransomware attacks to data theft and system breaches, which can compromise sensitive customer or company data. Cyber liability insurance typically covers the costs associated with recovering … Read more
Bobtail insurance is a specific form of liability insurance designed to cover a trucker when they’re driving their vehicle without an attached trailer. While regular commercial truck insurance covers accidents, damage, or liability while the truck is hauling cargo, bobtail insurance extends coverage during times when the truck is used solely for personal or non-business … Read more
Liability insurance is a form of coverage designed to protect you financially if you are found legally responsible for causing harm to another person or their property. It helps cover the costs of legal fees, medical expenses, damages, and other financial losses that arise from such claims. Liability insurance is typically purchased to shield against … Read more
Truck insurance is a vital aspect of ensuring that your business operates smoothly, minimizing the risks involved in the transportation of goods. Whether you’re running a small delivery service or managing a large fleet of commercial trucks, having the right insurance coverage is essential. This article will guide you through everything you need to know … Read more