Wednesday, 30 April 2014

How Small Business Owners Can Protect Their Business

In the world of business, it is always better to be safe than sorry. For many people, safety comes in the form of a reliable and affordable Edmonton commercial insurance policy.

If you are an entrepreneur, it is perfectly normal to be confused and perhaps even overwhelmed at the sheer amount of insurance policies made available to you out there. You have to understand, however, that protecting your business from the start is of the utmost importance. Fortunately for you, the good thing about being a small business owner is that you don't have to worry too much about all those different kinds of policies...You can only concentrate on the ones that truly matter.

As of right now, we highly recommend that you arm yourself with a liability insurance policy. This type of coverage protects you from financial loss in the event of a lawsuit against you. Such lawsuit could stem from property damage caused by employees, injuries to customers on your company's property or even injuries caused by your employees outside of your premises.

We also recommend that you buy a commercial property insurance policy. This type of policy covers a building in which a business is operating. In the event of a theft or a natural disaster, you can rest assured that you will not have to pay one cent out of your pockets to cover the damage that has been done to your business' property.

Lastly, we would like to bring to your attention a type of commercial insurance policy that is known as business interruption coverage. Quite simply, this policy helps compensate a business for the loss of income caused by an insured loss. Such loss generally includes fire and natural disasters.

Do you have a question related to insurance coverage? Would you like to receive a free commercial insurance quote for your company? SHARP INSURANCE can help. Click here for more information:

Monday, 28 April 2014

Is Tailgating a High Risk Driving Habit?

Have you been labelled as a high risk driver? Sharp Insurance can help. If you are paying too much on your current insurance policy, we can work with you to alleviate the costs. Click here to request your free insurance quote:

High risk driving is not something that most people want to associate with. Unfortunately, it is something that many of them do without even noticing. If you have not been labelled as a high risk driver, this does not mean that you will not. To ensure your safety and that of other drivers on the road, we recommend that you spend some time researching dangerous driving that you might have... including tailgating.

According to the ICBC, tailgating is one of the top 5 high risk driving behaviours. This habit is, however, a habit that most people tend to get away with most of the time. Keep in mind that this doesn't make tailgating any safer. In good weather and road conditions, drivers need a following distance of at least 2 seconds. Anything less than that in those conditions is considered tailgating. 

There are many reasons why people tailgate. Impatience tends to play a big role in tailgating. So does ignorance. In some cases, however, drivers almost ask to be tailgated. While this does not excuse the tailgater, it is always a good idea to follow speed limits properly to avoid angering other drivers and possibly causing a road accident.

Because yes, tailgating does cause accidents. While tailgating certainly does not cause as many accidents as speeding, as we said before this does not make tailgating any less dangerous. Most crashes can be prevented with a bit of knowledge and common sense, and this includes accidents caused by tailgating.

Do you have a question regarding high risk insurance coverage? Visit SHARP Insurance for more information.

Saturday, 26 April 2014

How to Alleviate the Costs of Car Rental

Is your car currently protected under an Edmonton car insurance policy? If it isn't, we encourage you to request a quote today from Sharp INSURANCE. Not only is it easy and quick: It's also free.

If you have ever rented a car, you probably know that rental cars tend to be expensive. Sometimes, however, we just have no other choice but to rely on them. Fortunately for you, renting a car does not have to be too expensive. With a little bit of research and preparation, here is how you can alleviate the costs:

1. First of all, shop around for deals and do your research. We encourage you to look up the company that you are interested in on the BBB. If the company previously had had several complaints filed against them, this will give you the chance to perhaps choose a different one.

2. Figure out whether or not your current insurance policy covers car rental as this tends to change from policy to policy.

3. When you have the vehicle, take lots of pictures of its condition. This way, you will have proof to back you up should the company blame you for any existing scratch or dent. Also, read the rental contract carefully before using it.

4. Of course, use great caution when driving the vehicle. 

5. When returning the car, try to have an agent inspect it for any damage. If you can't, we recommend that you take more pictures to back you up. Should the company charge you for any damage that you did not do, you can complain to the BBB.

Have a question on car insurance policies? Click here for more information:

Sunday, 20 April 2014

How to Avoid Home Break Ins

As a home owner, preventing break ins should figure high on your list of priorities. After all, a break in is something that nobody wants to deal with, especially when the situation could have easily been avoided in the first place. If you has not done so already, we recommend that you apply for reliable and affordable Lethbridge home insurance coverage. For more information, visit Sharp Insurance.

Without further ado, here are 5 ways to prevent home break ins:

1. Get an alarm system. This might sound obvious to some, but it is important to never neglect this step. Having an alarm system installed is an excellent way to secure your home. What's more, it provides you with peace of mind. For many people, this is completely priceless.

2. Get a dog. If your circumstances allow it, buying or adopting a furry friend might do the trick. Coupled with an alarm system, a dog should make it easier than ever for to you to sleep at night.

3. Make your house seem occupied. This is especially important when you go out. Leaving lights on can be a good way to discourage thieves. Likewise, arranging for your lawn to be mowed when going away for an extended period of time is always a good idea.

4. Don't make your home an easy target. Think like a thief. What kind of home would a thief target? Don't store anything at night and always use curtains on garage and basement windows.

5. Finally, invest in good locks. While no locks can deter skilled thieves, good locks can at least make their lives more difficult. Also remember to change your locks immediately after losing your keys.

Do you have a question regarding home insurance coverage? We can help. Click here for more information:

Tuesday, 15 April 2014

What do I do After a Motorcycle Accident?

Are you a motorcycle driver in search of reliable and affordable motorcycle coverage? Request a free quote today:

When it comes to motorcycle accidents, nobody is truly protected from them. Accidents can happen in the blink of an eye to even the most experienced among us. In such a situation, keeping calm is sometimes impossible. This is why it is important to be knowledgeable and prepared for those kind of situations.

While we certainly hope that you will never be in need of this information, here is what to do after an motorcycle accident:

1. If the accident is still fresh, it is crucial that you do not leave the scene. Keep your safety and that of other people around in mind while you wait for the local police to show up. However, do remember to not talk with the other people involved regarding the accident as anything can later be used against you. Remember to especially never admit guilt.

2. If the situation permits it, take down the other driver's information. This includes their name, their phone number, their driver's license and anything else related to their motorcycle.

3. Try not to get into an argument regarding who is at fault. If there are witnesses around, it is also a good idea to ask them for their contact information as they could potentially testify in your favour (assuming that you are not the one at fault).

4. Document the damage that has been inflicted to your bike with pictures.

5. Right after the incident, contact your insurance company. If you suffer from any injuries, ensure that they are completely healed before taking to the road again.

Friday, 11 April 2014

What is Wrap-up Liability Insurance Coverage?

Do you work in the construction field? Are you looking for reliable and affordable construction insurance coverage in Calgary? Sharp INSURANCE can help

In the construction field, not being properly and adequately covered can be extremely dangerous and expensive. As such, it is necessary to spend some time researching the different types of insurance policies available to you. Accidents can happen in the blink of an eye, and without proper coverage any of those accidents could lead to a potentially damaging lawsuit

Today, we would like to focus on a type of construction insurance policy that is particularly beneficial to a team of professionals and not a single contractor: wrap-up liability insurance policy.

This type of policy covers a team of professionals involved in a project and protects them against third party and general liability exposures associated to that project. Generally, it is purchased by the owner of the project on behalf of his and her contractors and subcontractors. The cost is then divided among the team of professionals.

Depending on what type of work the team of professionals will be doing, this policy can be customized to meet their insurance needs. Please note that the wrap-up liability insurance policy is intended for bigger projects. It has the potential to provide uniform coverage to everyone who is insured under the policy. This makes applying for a wrap-up liability insurance policy a better and safer choice than relying on each contractor's personal commercial general liability insurance policy.

Do you have a question concerning construction insurance coverage that you would like to have answered? Click here for more information:

Tuesday, 8 April 2014

What is Business Interruption Coverage?

Do you have a business? If you do, then is your business properly covered? Sometimes, what you think is enough is actually... not enough. This is especially true about insurance policies. The more you hear about the different types of insurance policies, the more you begin to wonder whether your company might benefit from them. How do you know, then, which one you need and which one you don't? Talking to your insurance agent and doing a bit of research always helps.

Today, we will focus on a type of extra commercial insurance coverage that seems to be overlooked by quite a few companies: business interruption coverage. In its simplest definition, this type of policy provides a business with the funds necessary to replace a loss of income that resulted from an interruption in business. Such interruptions may include fires or natural disasters. Keep in mind that business interruption is never sold as a separate policy. Instead, it is extra coverage that a business can choose to add to its existing commercial insurance policy package.

So why exactly should you consider buying this type of coverage? It's quite simple actually: Sometimes, it takes a long time before you are able to get your business back up and running. It is not uncommon, in fact, for a business to be crippled for a period of several months as a result of a natural disaster.

Being covered under this type of insurance policy is therefore the best way to safeguard the financial stability of your business. In the event of a disaster, you will not have to worry at all: Your utility bills, your professional fees, your gross earnings loss and even your payroll will be covered.

Do you need another reason why you need this policy? We don't think so.

Sunday, 6 April 2014

What Makes Someone a High Risk Driver?

Are you a high risk driver looking for affordable and reliable insurance coverage? Click here for more information:

"High risk driver" is a label that nobody wants to be associated with. Not only does it look bad on your driving record: It also makes it more difficult than ever to receive insurance coverage. If you have been following us for a while, you probablty already know that SHARP INSURANCE covered a few tips on how high risk drivers could save money on car insurance coverage. (You can find the article here.) Today, we would like to discuss in more details what exactly constitutes a high risk driver, and how you can go about becoming one (not that any of us want that, of course).

As we already stated in an earlier article, a high risk driver is a person that insurance companies believe to be more prone to accidents. Traffic violations such as driving while impaired generally do the tricks, along with getting into multiple accidents. It does not matter whether a person suffered from misfortune or whether those accidents were due to negligence on their part either.

However, it is good to remember that being labelled as a high risk driver usually results from a combination of several factors. That's right: Getting into one accident won't automatically make you a high risk driver. Insurance companies are understanding, too. They know that accidents happen. It is when accidents begin to happen on a regular basis that they begin to investigate.

Sometimes, being labelled as a high risk driver can't be helped either. A new driver, for one, is generally seen as a high risk driver, regardless of whether or not they actually get into accidents.

Remember that you can change. Being labelled as a high risk driver might be frustrating at first, but with proper practice and knowledge, there is no reason why this label should follow you around for more than a few years at most.

Do you have a question regarding insurance policies? Visit Sharp INSURANCE for more information.

Tuesday, 1 April 2014

Are You Liable if Someone Else Drives Your Car?

Are you looking for affordable and reliable car coverage? Click here for more information:

One of the most common questions that drivers would like to have an answer to is what happens when they let someone else drive their car and the person has the misfortune to get in a car accident.

The short answer to that question is that it depends. While most insurance policies cover the car (and not just the driver), it is always a good idea to double check with your agent before letting someone borrow your car. You should also remember that if someone else lives in your household and is allowed to drive your car on a regular basis, your insurance company most likely than not expects that person to be named on the policy.

Liability Coverage

Further to double checking your own insurance policy, you should also double check whether your friend is covered under a liability coverage policy. If they are, then there should be no problem. A liability coverage policy covers the owner of the policy, regardless of what car they drive. What that means is that you don't have to worry if your friend crashes while driving your car: Their own policy will cover the accident.

Comprehensive and Collision Coverage

If your car is covered under a comprehensive and collision policy, then you don't have to worry either. This type of policy specifically covers the car that it is linked to. Once again, it is always a good idea to double check facts with your insurance company before doing anything that might endanger your coverage.

Do you still have a question that you like to have answered? Visit SHARP INSURANCE and give us a call today!