What is umbrella insurance, and how can it protect your family and assets?
Today, it seems that anyone can potentially face a lawsuit for just about anything, even if they haven’t done anything wrong. Thus, it’s so important to consider an umbrella policy as an extra source of protection for your family and assets. If anything, it offers a great source of peace of mind. Personal umbrella insurance adds extra liability coverage on top of the coverage you have from other policies, such as homeowners insurance or auto insurance. It’s put in place to cover you from big and potentially devastating judgments or liability claims and are beneficial to just about everyone. When accidents result in high costs, umbrella insurance policies kick in to help keep you fromhaving to pay out of pocket for other people’s legal or medical bills. They come into play when your underlying liability limits have already been fulfilled. Typically, umbrella insurance extends to other household members who do not have auto policies in their own name. Things that are usually not included in an umbrella policy include personal property, business losses, criminal or intentional actions, and contracts. So, a personal umbrella policy will not protect you from liability if you were intentionally harmful to another person or their property. Generally speaking, umbrella policies are very affordable. For more information, give us a call. We’d love to chat with you about your options!
We’ve all been taught that bragging is annoying, but when you’re afraid to identify your worth, it can really hurt your confidence and success in business. To prevent that from happening, here are three tips to make it easy to name your price! No. 1: Get to know your value. How do we figure out our value? Specifically, how do we come up with a quantifiable method to reach an exact, irrefutable number? Well, we don’t. The best place to start is deciding who you want to be in your business and industry and building from there. With a solid mission statement and concrete affirmations that support your value in the business, you’ll gain more confidence in arriving at a price point. No. 2: Be open to receiving — and giving — love. Accepting compliments can be tough, but in business, compliments can be powerful catapults to your continued success. When you take time to notice all the people you’ve helped, the accomplishments you’ve achieved, and the difference you’ve made, the motivation it fosters is monumental. Keep your happy emails, texts, and reviews from clients and create an easy reference for instant, uplifting support. If a client seems happy, never be afraid to ask for a testimonial. Many people simply need to be asked, and they’ll be happy to provide one. In the same stride, consider the people who help you and your business every day and find ways to show appreciation. Passing that love around can make a huge difference in energizing the way you perceive your value. No. 3: Make the final game plan. After considering what your offerings are likely worth, whom you’re looking to serve, and what they’d be willing to pay, you can name your final price. After all, prices don’t fall from the sky. Without obsessing over it, look at what kind of value your competitors have set for themselves. That’ll give you a great starting point. Take good care of yourself, friends — and don’t forget that a confident price tag is a great way to do just that in your business. FEEL CONFIDENT IN BUSINESS! 3 Steps to Identify Your Value
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