by: Insurevents.com

There are several ways to cover yourself for possible damage to your rented vehicle. Many people rely on their business automobile policy. While others use a credit card that covers such mishaps. And, of course, you can always buy collision damage waiver coverage from the rental company. Despite its seemingly outrageous costs, we are going to give you 5 reasons why, at least on short term rentals, you should buy the collision damage waiver (CDW, also known as loss damage waiver-LDW) from the rental car company: 1. Loss Valuation Most rental agreements require you to reimburse them for the "full value" of the vehicle. However, if you are relying on your auto policy for protection, it covers vehicles for their "actual cash value". You see where we're going here. A rental company's ideal of "full value" can be very different from an insurance company's idea of "actual cash value".

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by: Amy Gunderson

Strategies for Insuring a Vacation Home WITH the cost of home insurance rising, especially in coastal areas vulnerable to hurricanes and flooding, second-home owners are facing ever higher premiums. But there are ways for them to trim their monthly premiums. Several states now require insurance companies to offer discounts to owners who take extra steps to protect their homes.
Discount policies vary by state and insurance company. A homeowner can figure out which improvements to make by working with a local insurance agent. While some states have grant programs for adding hurricane protections to homes, those are generally limited to primary residences.

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Watercraft & Boat Insurance -
What You Need to Know

by: Insurance Finder

If you're an avid watercraft enthusiast with some nice toys in your garage, you might want to check into watercraft insurance. Don't assume that your craft is covered under homeowners insurance, because in most cases, they aren't.

First, know your watercraft! Fully understand all operational aspects and characteristics before heading out onto the open water. Your personal watercraft is considered a powerboat, so you need to obey the rules governed for powerboats by the Coast Guard and other marine authorities. Your local waterways sometimes have their own guidelines for use, so get to know and understand them as well.

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As an agency, we strive to provide courteous, professional assistance in all aspects of customer service. Our staff consists of individuals with a wide variety of insurance backgrounds, which makes our agency quite unique. Utilizing our extensive insurance knowledge, our goal is to educate our clients and provide appropriate coverage to the individual or entity.

Sincerely,

McDonough & Keegan Insurance Agency, Inc.