Read the Mt. Franklin Insurance blog to learn more and stay in the know.
Should I Pay My Car Insurance Premiums Monthly or Annually?
When you purchase a car insurance policy, you typically have the option to pay monthly or annual premiums. There are benefits and downsides to both, so it is important to make the right decision for you and your finances. Upsides of Paying Annually Paying annually generally means paying a larger lump sum near the…
October 15, 2020
Life Insurance is for People of All Ages
Many people think that they only need life insurance as they get older and have a lot of financial obligations. However, you can still face death at any time of your life and it’s often best to have a plan in place in case of a worst-case scenario. Enrolling in life insurance early is not…
October 13, 2020
How is Business Interruption Compensation Calculated?
With many businesses put on hold due to COVID, wildfires and other unexpected incidents, many business owners are scrambling to search their policy for business interruption insurance. This insurance can compensate a business for money lost while the business is unable to operate normally due to government mandate, environmental disaster and more. But how…
October 8, 2020
Have a Mortgage? You Need Homeowner’s Insurance
Very few people can afford to pay for a new home in cash. That’s why most home buyers finance their home with a mortgage or other property loan. Once you take out a loan, it is your responsibility to repay it to the bank over the years. However, what happens if something happens to your…
October 6, 2020
Whose Insurance Do I Use if I Crash Someone Else’s Car?
Crashing your own car, while scary, is relatively straight forward when it comes time to filing a claim. You can file a claim with your own insurer and generally receive compensation for damages and injuries you and your passengers may suffer, so long as you have the right insurance. But what happens if you crash…
October 1, 2020
When Does Life Insurance Payout?
Life insurance is designed to compensate your loved ones in case of your passing, so most policies only payout once the policyholder passes away. The insurer must usually be provided with a proof of death, such as a death certificate. Most life insurance policies provide a lump sump payment for the beneficiaries listed on the…
September 29, 2020
How to Insure Your Roof with Home Insurance
Your home’s roof is one of the most important and expensive parts of the home. It keeps everyone inside safe, warm and dry, as well as keeps out anything unwelcome. Unfortunately, home insurance can grow a little complicated and expensive when it comes to insuring your roof. Carefully look at your home insurance policy…
September 24, 2020
I Hit My Mailbox, Will My Car Insurance Pay?
We’ve all made careless mistakes from time to time, including behind the wheel. If you have ever backed into your mailbox, you might find yourself annoyed, but hopefully unharmed. Your car, however, might sustain damage and so might the mailbox. As a result, you might have to file a claim against your car insurance to…
September 22, 2020
Making a Possessions Claim on Business Insurance
Businesses that have property insurance will likely have coverage for the possessions inside. So, if something damages the contents of the business, then you can likely file a claim for the damage costs. However, you must do so correctly to successfully receive compensation. Some policies will include limitations on how much damage they will cover.…
September 17, 2020
Important Questions to Ask Before Buying Health Insurance?
Health insurance is critical so you and your family can get the care you need. Signing onto a policy shouldn’t be done lightly. Not all health insurance policies are created equal, and there are a few questions you should ask before signing your name on the dotted line. 1. Can You Stay at the Same…
September 15, 2020
