John M. Biggio Lighthouse Weekly - Issue #5

Article of The Week

It's impossible to predict whether you might lose a lawsuit resulting from a car accident or an accident on your property. Nor is it possible to predict the amount that might be awarded to the winning party, an amount that you would be responsible for paying. To protect yourself against the possibility of devastating financial loss from these unforeseen events, you may want to purchase an umbrella policy.

It's Raining Lawsuits: Do You Need an Umbrella Policy?

Automobile

Most of us believe that in order to drive an automobile in America, we have to show proof of auto insurance, and in most cases that's true. According to the Discovery Channel, there are approximately 6.2 million automobile accidents each year in America. On average, an accident involves two drivers and one passenger making the total amount of people involved close to 18.6 million. This means that there is a one in 16 chance that each of us will get into an accident in any given year.

What You Don't Know About Auto Insurance May Cost You

Homeowners

Here are some factors to consider when purchasing home insurance.  All of these factors can and will have an influence on the price you pay for home insurance.
Factors That Can Affect the Price of Your Homeowners Insurance

Commercial Line

When you start a home-based business, buying insurance may not be your first priority, but you cannot afford to ignore it either. When the unexpected happens -- and it will -- having insurance coverage may mean the difference between the success and failure of your home-based business. You may not require all types of insurance listed here, but taking some time now to consider your insurance needs can save you money and headaches in the future. Ultimately, after reading this article, the best way to determine your complete needs is to consult with your insurance agent. Explain to them the details of your home-based business and he or she should be able to determine the best insurance coverage for you (and any employees).
Home-Based Business Owners, You Need Insurance