Renters insurance is an important policy that offers financial protection to renters. However, if you have roommates, you may wonder if you need individual policies or if a single renters insurance policy will suffice. Here's what you need to know about renters insurance for roommates: Individual Policies Each roommate should have their own renters insurance policy. This is because renters insurance policies typically only cover the belongings of the policyholder. If your roommate's belongings are stolen or damaged, your policy won't cover their losses. Additionally, if one roommate makes a claim on the policy, it could affect the premium rates...

Before you get life insurance coverage, you should understand why you need it. While there are many reasons to buy life insurance, the most common reasons include: Final expenses: Final expenses refer to any expenses related to someone’s passing. This can include a casket, funeral, preparations, memorial service, cremation and more. Life insurance for final expenses is worth considering—after all, the National Funeral Directors Association reports that the median price of a funeral with a casket is around $7,850. Families without enough funds are forced to cut back on the service or ask friends and family for donations. Some families...

Springtime is here! The weather is beautiful, the water is inviting, and your boat is looking better now than when you first laid eyes on it. The only thing that would make your marine beauty even better is a gorgeous body of water underneath it. But not so fast… Before you take your watercraft out on the water, complete the actions on this de-winterizing checklist-created for you by Foremost® Insurance. * Check engine and fluid levels To keep your boat running smoothly, remember to check engine and fluid levels. This includes engine oil, oil filters, power steering, coolant, and transmission...

In the wake of the pandemic, many Americans took advantage of low interest rates (and the money they normally spent on entertainment and travel) and made some significant investments into their homes. By the numbers: A recent survey by Porch.com revealed that three out of four surveyed homeowners had completed “a major project since the start of the COVID-19 pandemic.” The number of homeowners extending or adding additions to their abodes increased by 52%. HomeAdvisor reported that homeowners in 2020 spent on average $745 more on home improvement projects than in 2019. Home improvement projects can add to the value...

Driving under the influence (DUI) is not only a serious legal offense but can also have far-reaching consequences that extend to your personal finances. One often overlooked aspect is the significant impact it can have on your auto insurance rates. The following various ways a DUI can affect your insurance premiums point out why it's crucial to prioritize responsible driving habits. Immediate Rate Increase One of the most direct consequences of a DUI conviction is an immediate spike in your auto insurance rates. Insurance companies view individuals with a DUI as high-risk drivers, leading to an increase in premiums. This...

Life is the most precious gift and we love insuring yours! American Insurance Center values every single one of our loyal clients and this month, we are sending you love and gratitude for welcoming us into your families and homes. It is our pleasure and honor to provide you protection and assurance in these times of uncertainty. Some of the most impactful services we proudly provide are: Medicare- a caring safety net for seniors and individuals with disabilities, offering essential healthcare support and financial relief. Auto insurance- a guardian on the road, offering a reassuring embrace to both drivers and...