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Home > Blog > Lakewood Financial Services, Inc. Blog Page 18
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Lakewood Financial Services, Inc. Blog Page 18

View the latest blog posts from Lakewood Financial Services, Inc..

Thursday, September 3, 2020

Can You Cancel Auto Insurance on a Financed Car?

When you purchase a new car, you are generally issued a requirement by the lender to carry a certain amount of car insurance. This requirement is issued to protect the lender’s investment in case an accident damages the car.  You must carry this insurance for as long as you are financing the vehicle. READ MORE >>

Tuesday, September 1, 2020

Business Insurance Coverage for Computer Equipment

Getting the right business insurance for your company property might seem challenging, and one of the most critical items you want to protect is your computer systems. Still, you might not know whether your business insurance will cover these expensive and sensitive machines. READ MORE >>

Thursday, August 27, 2020

What Does Actual Cash Value Mean for Home Insurance?

Home insurance has a lot of confusing terminology, especially when it comes to the types of policies and how you can receive compensation. Replacement cost value, for example, refers to two areas: the total replacement cost value of your home, and a replacement cost value policy for personal belongings coverage. READ MORE >>

Tuesday, August 25, 2020

3 Areas of Car Insurance Coverage and What They Mean

Car insurance policies can look different depending on premiums, deductibles and coverage limits, but all car insurance policies are designed to cover three certain areas.   A full coverage car insurance policy covers:  Liability  Property READ MORE >>

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Monday, August 24, 2020

Looking for Cheap Insurance in Florida? Don’t Make These Mistakes

Since Florida auto and homeowners insurance rates are some of the highest in the nation, we understand why you’re looking for ways to save on your insurance premiums. However, before you search for your next insurance policy, remember the purpose of insurance: to protect you financially i... READ MORE >>

Thursday, August 20, 2020

Estimating the Value of Electronics for Your Home Insurance

When insuring possessions on homeowners insurance, you have a lot of leeway to choose the limits you want. Yet, the thing about possessions insurance is that your coverage might restrict how much it will pay for items of value, like your electronics. READ MORE >>

Tuesday, August 18, 2020

Why Does Health Insurance Not Cover Dental?

Most health insurance policies don’t cover dental procedures, despite the fact that teeth and gums can have a direct impact on a person’s health. A lot of dental procedures, such as teeth whitening and braces, are seen as not medically necessary.   READ MORE >>

Thursday, August 13, 2020

What Happens to Businesses Without Insurance?

Business insurance is used in order to protect businesses from lawsuits and other losses that could have a large financial impact otherwise.   Required Business Insurance and Penalties  Business insurance requirements vary by state. Most states require businesses to carry a minimum amount of:  READ MORE >>

Tuesday, August 11, 2020

3 Important Reasons to Always Have Car Insurance

In today’s uncertain economic times, people are driving less. They also are trying to save as much as they can on expenses, including their auto insurance. You might feel tempted to let your coverage lapse if you no longer drive. However, that’s the wrong decision. READ MORE >>

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Monday, August 10, 2020

Don’t Be the Victim of a Roofing Scam

Replacing a roof will likely be one of the larger expenses you’ll have as a Florida homeowner. And while you’re probably looking for ways to save money on that major expenditure, be aware that roofing scams are common, and could leave you out of pocket with a roof still in need of repair, or worse yet, on the hook for insurance fraud. READ MORE >>

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