If you live in the Atlanta area, you understand that homes are expensive. Therefore, if you find the perfect home for you and your family, you have to make sure you are adequately protected. After all, your home is also a valuable investment. That is where home insurance comes in handy. Even though it is not required by law, you should still have appropriate home insurance. You never know what might happen. What are examples of the most common home insurance claims people file in the Atlanta area?
If you live in the Atlanta area, then you know that your real estate is valuable. Your home is one of the most important investments you will ever make. Therefore, you need to protect it. Even though it may take you years, and possibly decades, you will probably pay off your mortgage. At that point, do you still need homeowners’ insurance? Is this required by law? There are a few important points you should keep in mind.
Whether you’re getting a new vehicle or going over your policy, it’s always best to know whether your car is properly protected. Many people get car insurance without fully understanding their policy or its components. Every car should have protection that includes damage, medical coverage, and legal liability costs.
If you are currently shopping for a new vehicle around Metro Atlanta, you have a lot of factors to consider. You have to consider the price of the vehicle, how long it is going to last, and what the gas mileage is. On the other hand, you also have to think about the price of car insurance. You may think that you are a safe driver. You could think that, because of this, you do not need to protect your vehicle because you are not going to be involved in an accident that is your fault. On the other hand, you don’t have a choice. Car insurance is required by law – in Atlanta and everywhere else.
You may not live near a large body of water being in Atlanta. On the other hand, you still need to make sure you have flood insurance. Even if you are a long way from the Georgia coast, a severe storm can easily put an inch of water on the floor of your house. And, if that is the case, then the entire foundation of your home could be damaged. Therefore, you need to have flood insurance.
But is this something that is usually included in your home insurance coverage?
Many employers in Atlanta are intending to make remote working the “new normal.” After all, many firms have already invested in the infrastructure necessary to let people work from home — and consequently, they want to use it. But that carries with it some additional risks. Let’s take a look at the technological risks that work-from-home employees engender.
What Are High-Value Cars?
High-value cars are those produced by luxury brands and may include supercars, megacars, and hypercars. Examples of luxury brands are Rolls-Royce, Lexus, Lamborghini, and Mercedes. Generally, supercars are defined as those that have between 550 and 750 horsepower, weigh between 1000 and 1700kg, and handle well. Examples include the Porsche 911 Turbo, Aston Martin Vantage, and the Mercedes AMG GT. Megacars are those with more than 1340 hp. Some examples are the Bugatti Chiron and Nio EP9. Hypercars are generally produced as limited edition vehicles, with more than 800 hp, a 0 to 60 time of fewer than 3 seconds, and a top speed of more than 215 mph. Examples are the Ferrari LaFerrari and the Porsche 918 Spyder.
Most homeowners are not comfortable taking the risk of a fire or severe weather damaging their home, so they purchase Atlanta home insurance to protect their investment. If you own a high-value home, you need a more robust policy to make sure you receive reimbursement for damage when you need it the most.
Do you need to change your insurance when setting up a home-based business? You absolutely do, but the process doesn’t have to be intimidating. When you set up a home-based business, your risk factors are changing. You will need additional coverage. But Atlanta’s home-based businesses are thriving today and many people are interested in getting started. Here’s what you need to know.