Month: September 2018

Why Do I Really Need Home Insurance?

Posted on by AgentInsure

Accidents happen every day. When you’re a homeowner in the Laurel, MD area, you want to know that you’re covered. Home insurance is one of the best ways to feel as though you are protected.

Mortgage Companies Require a Policy

If you still have a mortgage on your home, mortgage companies dictate that you need to have a home insurance policy. This is designed to protect their investment in the event that there is a fire, a flood, or any other major problem. Mid Atlantic Insurance Financial agents can help you to shop a home insurance policy that makes sense based on the type of home that you have.

Anything Can Happen

You cannot possibly anticipate everything that could happen in and around your home. If there is a major storm, it could cause broken windows or significant damage to your roof. If someone forgets to turn off the stove, there could be a fire. Your home could get broken into. Someone could fall on your property. The list goes on and on.

As the homeowner, you are financially responsible if something happens. You are going to depend on a home insurance policy to help provide financial assistance. Filing a claim will make it easier for you to make repairs to your home, handle a lawsuit if someone gets injured on your property, or replace the valuables that were stolen.

If your home is already paid for, you are not required to have a home insurance policy. However, you really need one because it provides you with the financial protection against anything that could occur.

Mid Atlantic Insurance Financial has been helping homeowners throughout the Laurel, MD area for years. When you need home insurance, you can get personalized assistance to find a policy that will fit your individual needs.

 

 

 

Does My Auto Insurance Policy Cover Driving For Uber?

Posted on by AgentInsure

More and more people are driving for Uber. If you decide that you want to be an Uber driver around Laurel, MD, it’s important to look at whether your auto insurance policy will provide you with sufficient coverage. At Mid Atlantic Insurance Financial, there are agents dedicated to helping you get the right policy.

Exclusions in Your Policy

Often, insurance companies have various exclusions within auto policies that would prevent you from having the necessary coverage if you have to file a claim. The most common exclusion is “driving for hire” and Uber is classified as this.

You will want to check with the insurance company to find out whether your policy covers any kind of commercial driving. If you don’t, you may need to seek commercial auto insurance so that you are covered.

Doesn’t Uber offer insurance?

Uber does offer some insurance to their drivers. However, most of the insurance coverage is only when the app is on and there are passengers in your car. If you were to get into an accident after dropping off the passenger or while your app is off, you would not have the coverage through Uber.

Since it is impossible to predict what can happen on the road, it is better to find out what kind of insurance you actually need. Driving for many of the ride-sharing services could potentially invalidate your personal auto insurance policy.

You should always be in the know as it pertains to your auto insurance. Working with an agent that serves the Laurel, MD area will make it easier for you to get reliable answers. Agents at Mid Atlantic Insurance Financial can help you find the necessary auto insurance policy if you plan on driving for Uber or any of the other ride-sharing companies that are out there.