If you’re like most people, you own a decent amount of stuff; stuff that holds sentimental value, monetary value, or both. Losing it all, in a fire or flood for example, is what common nightmares are made of. But what if it wasn’t a natural disaster at all, but rather a team of movers that came to steal everything you owned away? Believe it or not, it’s a common scene across this great litigious land that we call America. It’s so common in fact, that we’ve now developed ways to protect ourselves against man-made disasters the same way we do against the natural sort. It’s called Asset Protection Insurance.

So what is it precisely?

Asset Protection Insurance was created to protect professionals, their spouses, and beneficiaries (when applicable) vulnerable to catastrophic lawsuits. This coverage helps protect the professional’s property interest by insuring 90% of the loss in fair market value of the property caused by a legal judgment.

Here’s an important thing to note: Asset Protection Insurance is NOT malpractice or professional errors & omissions insurance. Malpractice policies generally cover only the first $1,000,000 of a catastrophic claim. Asset Protection Insurance is designed to protect personal assets when a rendered legal judgment exceeds existing insurance limits – an outcome that is becoming increasingly common. When a judgment causes personal assets to be lost (home, property, cash, securities, etc.), the Asset Protection Insurance policy will replace up to 90%* of the loss in value of the assets to the named beneficiaries.

So next time you wake up in a cold sweat over a fictional fire or flooding, you might want to think about asking your insurance agent if they would also recommend Asset Insurance Protection for your situation. Click here to view more information.

There is no disputing the fact that taxi driving is hard work. You have to endure long hours, often deep into the night (or early in the morning) dealing with traffic, fluctuating gas prices, volatile customers, and varying weather conditions, amongst other things. There are also many risks involved. Unfortunately, car accidents are commonplace, particularly in the city. As the driver, you are responsible for riders in your taxi. In the event of an accident, if a passenger is hurt, you could be held accountable. However, there is a way to protect yourself.

Taxi liability insurance plans are available to cover you from a number of threats, including litigation resulting from an accident. Each plan can be shaped specifically to suit your needs (type of taxi, location, etc). Even if the accident isn’t your fault, a passenger might try to hold you responsible, so that opens your daily routine up to a world of liability. And while the business you work for might have insurance, there can still be gaps in how much they protect your liability in civil cases, which is why a taxi driver liability insurance plan is necessary no matter how safe of a driver you might be. With manageable premiums and fast quotes, you almost can’t afford to drive without one.

While trucks are a very common sight to see on the road, many don’t realize that their drivers hold one of the most dangerous jobs in America. Around 500,000 trucking accidents occur every year in the United States. As an independent truck driver, primary liability coverage isn’t only a smart option—it’s the only option, as it’s required by law. Owner-operators need an independent truck driver’s liability plan that will cover auto-related injuries to themselves and their passengers as well as any damage that may happen to their vehicle.

The trucker lifestyle can be very taxing on the mind and body. Due to abnormal schedules and long consecutive hours stuck in the driver’s seat, many health issues can arise, such as carpal tunnel, backache, hypertension, and vision impairment. Many truck drivers also suffer from fatigue and sleep disorders, which is a leading cause of truck-related accidents that occur on the road. Truck drivers are integral in keeping commerce flowing, so their health and safety is just as important. Independent truck drivers need to make sure that they equip themselves with the best possible liability coverage designed for independent truck drivers that will help them out when the road gets rough.