Does the Age of the Car Affect the Cost of Coverage?

Auto insurance is something that we all must have if we want to be able to legally drive your car on the road. That being said, the car itself does change the overall cost of coverage. The age of the car, among other factors, does change the overall cost to adequately insure your car. For those that live in the Mesa, AZ area, the agents with Lifetime Investments can help you to find the coverage that is going to work best for you and your car.

One factor that certainly does affect the overall cost of coverage is the age of the car. The age of the car can even affect what type of policy you can have on it, ie classic car insurance. For those cars that are older, they are worthless but they are also lacking on safety features as well. This means that even if a car is older, it may cost more to insure because it does not have the safety ratings or safety features that a newer car has. Newer cars are also going to cost more to replace because they are worth more. Cars that are considered classic or antique may qualify for classic car insurance, which has an entirely different set of rules and applications.

It is important to keep in mind that though the age of the care does affect the cost of coverage, there are other factors as well that will affect the cost of coverage. Taking the time to talk with an agent can help you to determine what costs you may come up against when you are insuring your car.  For those that live in the Mesa, AZ area, the agents with Lifetime Investments can help you to find the right coverage for your car, no matter its age.

Notary Errors and Omissions Insurance — If You’re A Notary, You Need This Insurance

As a notary, you can personally be held liable for any real or perceived damage caused by errors or misconduct while performing a notarization. Notary Errors and Omissions (E&O) Insurance covers your assets if you make errors during the notarial process that cause your client to suffer financially. At Lifetime Investments, we’ve got you covered. Here’s what you need to know to protect yourself personally and professionally. 

Why Do I Need Errors and Omissions Insurance? 

Er&O Insurance will safeguard you against any mistakes that happen during a notarization. It only takes one error to potentially lose your savings, your Mesa, AZ home, or even your business! Protecting yourself and your assets with liability coverage is very affordable – just pennies a day. 

Doesn’t My Employer Cover This? 

No, your employer doesn’t cover you against errors and omissions, even if they carry liability insurance. Just as you are responsible for your own journal and seal, you alone are responsible for your notary acts. The Notary commission is not your employer’s, it’s yours. 

Doesn’t My Notary Bond Protect Me? 

That is a common misconception, but no, your notary bond does not protect you. A notary bod doesn’t protect the notary, it protects the public. If a surety company pays your claim, you have to pay them back. Notary Errors and Omissions insurance will that claim as well as any legal expenses up to your policy limit, without a deductible, and provides free expert legal defense.  

Am I Required To Carry Errors and Omissions Insurance By Law? 

No, you are not required to carry E&O insurance, but why would you want to risk your assets, Mesa, AZ home, and business for a simple mistake? Errors and Omissions insurance is protection that will provide you with peace of mind. 

For more information about E&O insurance, call the experts at Lifetime Investments to find out how Notary Errors and Omissions insurance can protect you and your assets