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October 22, 2024
selectins

How Rising Gas Prices May Influence Auto Insurance Costs

As gas prices continue to climb, the ripple effects are felt across various sectors, including auto insurance. While the direct connection between fuel costs and insurance premiums might not be immediately obvious, several factors can contribute to this relationship. Increased Operational Costs for Insurers Insurance companies often face higher operational costs when gas prices rise. […]
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September 25, 2024
selectins

What Is GAP Insurance?

Guaranteed asset protection (GAP) insurance is a type of auto insurance that can cover the difference between the amount you owe on your car loan and the car’s actual cash value (ACV) in the event of a total loss. This can be particularly beneficial if your car is totaled in an accident or stolen, as […]
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July 22, 2024
selectins

How to Select the Right Auto Insurance

Choosing the right auto insurance is crucial for financial security and peace of mind. With various options available, finding the best policy can be overwhelming. However, a strategic approach can simplify this process and ensure you make an informed decision. The following are key steps to help you select the right auto insurance. Understand Your […]
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May 29, 2024
selectins

Tips for Finding Affordable Auto Insurance in South Carolina

Auto insurance may help provide coverage in the event of accidents, theft or other unforeseen events. However, finding affordable auto insurance coverage that meets your needs can be daunting with the numerous options available in South Carolina’s insurance market. Here are some tips for finding appropriate car insurance at favorable rates. Compare Quotes from Multiple […]
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April 25, 2024
selectins

Tips for Managing Business Insurance Costs Without Sacrificing Coverage

When managing business insurance costs, the goal is to protect your business against potential risks without straining your budget. Here are strategic ways to manage your insurance expenses without compromising on necessary protection. Evaluate Your Coverage Needs  Regularly reviewing your policies helps ensure that you’re not over-insured or underinsured. Assessing your business’s current risks and […]
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December 29, 2023
selectins

The Basics of Bonds

As a responsible business, you must account for many risks and exposures amid your operations, including those that may impact other parties. It may be especially critical to consider how your own shortcomings and errors could impact the financial interests of your customers and clients, as failing to deliver expected goods and services could have […]
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November 17, 2023
Jonathon Beecham

RV Insurance for Winter Storage: What You Need to Know

As the temperatures drop, many recreational vehicle (RV) owners will begin thinking about winter storage for their beloved mobile homes. Protecting your RV during the winter months is essential whether you’re a seasoned full-timer or a weekend warrior. One critical aspect of winterizing your RV is ensuring you have the right insurance coverage. How to […]
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October 10, 2023
selectins

The Importance of Flood Insurance for Homeowners

Most homeowners insurance policies don’t cover flood damage; however, it can be essential, especially if your home is in an area with a risk of flooding. Even a few inches of water can have costly consequences. Without flood insurance, you may have to pay for expensive property damage out of pocket. Does Homeowners Insurance Cover […]
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July 26, 2023
selectins

Tips for Finding Affordable Auto Insurance in South Carolina

Finding affordable auto insurance coverage is a priority for many South Carolina drivers. Contact Select Insurance to compare car insurance quotes today. While insurance premiums can vary based on multiple factors, understanding what influences these rates and employing effective strategies can help you secure the coverage you need without breaking the bank. Maintain a Clean […]
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June 30, 2023
selectins

What Is Diminished Value?

Motor vehicles represent significant financial investments that should be secured through prudent loss control measures. Even the most diligent, experienced and responsible drivers may eventually be involved in accidents. A slight tire slip or momentary lapse in attention may be all that’s necessary to put your vehicle at risk, and without adequate insurance, your financial […]
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