VELOX - Condo Insurance 101

Condo Insurance 101

Condominiums are popular modes of housing today. That’s often because people want to live within (or at least near) the city. Other than that, they offer a lot of amenities that a single family house cannot. And because of that, ownership of a condo is a lot different than owning the regular house.

Condos are also very expensive investments. That is why you need to protect it with the right insurance coverage for your needs. To guide you, here are the things you should know about.

Continue reading

VELOX - 4 Shopping Tips for Buying Boat Insurance

4 Shopping Tips for Buying Boat Insurance

Just like your cars and homes, your boat needs insurance as well. Boat insurance covers repair costs, including weather-related damages. Most importantly, it covers medical expenses in the event of a boating accident.

Choosing the right boat insurance coverage is essential. But how do you what’s best for you? To answer this question, here are some tips you need to remember.

Continue reading

VELOX - 5 Mistakes Parents Make When Insuring Teen Drivers

5 Mistakes Parents Make When Insuring Teen Drivers

Do you have a teen driver in the family? Or is your teen about to get a driver’s license? Then you should know how worrisome it is to get them behind the wheel. Not only are they inexperienced but they are prone to accidents as well. Aside from that, you need to prepare for a higher car insurance rate.

Does car insurance have to be very expensive for teen drivers? No. What most parents don’t realize is that there are some things they aren’t doing right on their car insurance. Let’s take a look at the five common mistakes parents with teen drivers make when insuring their vehicle.

 

Continue reading

VELOX - What Business Owners Need To Know About Commercial Auto Insurance

What Business Owners Need To Know About Commercial Auto Insurance

Business owners face a lot of financial risks every day. These risks vary from liability concerns to workers compensation problems. If you have commercial vehicles your risks are very high every time an employee takes a vehicle out on the road but commercial auto insurance will protect you and your business in case of road accidents.

 

In the article below we’re going to outline some of the basics of commercial auto coverage, but the best way to determine if you have the right commercial auto insurance policy is to work with a licensed independent insurance agent.

Continue reading