Every insurance policy is a bit different, but there are certain expectations every insurer must meet after an accident. In the state of Louisiana, every insurance policy must meet the minimum coverage requirements, which includes $15,000 in liability for 1 person, and $30,000 for multiple people, as well as $25,000 in property damage. When a […]
Many people buy homeowner’s insurance as a precaution in case the worst occurs. Depending on the location of the home, people might be likely to experience extreme weather conditions, particularly during harsh storms, hurricanes, and tornadoes. However, insurance companies don’t make money by paying customer claims; they make the majority of their income from receiving premiums. If they […]