Author: linkhellmuth
Insuring a New Car Purchase vs. a New Lease
To buy or to lease. For people looking to drive a new vehicle, it can be a difficult question. Leasing has become an increasingly attractive option in recent years. Since almost all cars are pretty poor investments (even if they don’t breakdown), leasing reduces the commitment, allowing you to drive a brand-new car without having to cover the $20k+ sticker price. […]
What Renters Should Do After a House/Apartment Fire
Whether or not you own the place you’re living in, it’s still “home” for you. If that place becomes damaged or lost due to fire, it’s a frightening and difficult situation. For renters, it can be especially confusing. Many people aren’t certain what they’re responsible for and what their landlord is responsible for. When it comes to your personal possessions, […]
Can Car Insurance Cover Breakdowns & Repairs?
Cars provide a lot of convenience to our everyday lives. That convenience, however, comes at a cost. In addition to purchasing the vehicle, you need to fuel it, maintain it, and insure yet. Even if you do all of those things, it may suffer from an unexpected breakdown. After all, cars are complex machines with countless parts […]
What Type of Insurance Do I Need to Start a Business?
COVID-19 has taken a serious toll on countless businesses across the US, leaving millions without jobs and wondering what to do next. Many are simply looking for a replacement job, potentially in a new industry that’s less effected by COVID. Some, however, are actually using this as an opportunity to start a business of their own. In just the first two […]
Giving the Gift of Good Car Insurance
Despite what commercials try to tell us, giving a car as a gift for Christmas is a rare thing. After all, cars are a large commitment. Not only is there the upfront expense, but they come with on-going costs such as repairs, insurance, monthly payments, etc. In fact, Saturday Night Live recently parodied the idea of surprising someone with a new car for […]
Reducing the Risk of Starting a Business
Starting a new business can be a very rewarding experience. Not only do you have the opportunity to be your own boss, but you have the potential to pursue something that you are truly passionate about. That said, starting a new business can be a risky venture. Though people have long claimed that over 50% of businesses fail within their […]
Combatting Car Value Depreciation with Gap Insurance
Standard car insurance policies typically provide coverage for physical injuries, property damage, and other people’s vehicles. If you want coverage for your own car, you’ll need collision coverage and comprehensive coverage. Collision insurance provides coverage for your car should you hit another vehicle or an object such as a light pole. Comprehensive insurance, on the other hand, covers damage from weather, […]
Adding Comprehensive Coverage to Your Car Insurance Policy
Today’s car insurance policies are fairly customizable. While the state of Ohio requires all car owners to have a minimal level of protection, it’s likely in your best interest to add additional coverage. If you’re leasing a vehicle, you will almost certainly be required to include add-ons such as collision and comprehensive coverage. As we talked about in […]
Collision Coverage – What Does it Actually Cover and Do You Need It On Your Policy?
Car insurance policies are highly customizable. Unfortunately, when people sign up for a policy by themselves, they often check whichever boxes keep their monthly cost the lowest. This can leave them seriously under covered. On the flip side, there are occasions where people actually sign up for more coverage than they need. Though less common, it is possible to be paying a high amount of […]
Insuring a Leased Vehicle
For some people, leasing a car can offer some distinct advantages. First and foremost, it comes with a much lower out of pocket expense. Additionally, the monthly payments on a lease tend to be lower than a traditional car loan payments. While you don’t get ownership of the vehicle, and you’ll have a cap on the miles you can drive, lease […]