Desmond Insurance Blog
With strict travel restrictions implemented and people staying in their homes, there is a growing financial strain for the hotel and restaurant businesses. Not to mention that civil authorities have forced companies to shut down, reservations being canceled, and supply services being delayed; these businesses are in a crisis.
With the coronavirus still spreading worldwide, the virus forces businesses to shut down due to financial losses. For the construction industry, this burden is projected to increase further due to project delays, cost overruns, and suspension of services.
Are you planning to purchase your own home? You have probably heard about having home insurance along your way. However, there may be a bit of confusion lingering in your mind, even though it is must-have protection for every homeowner. Here are the answers to the frequently asked questions to help you understand its policies and coverages.
Since the quarantine protocols and policies have been enforced, most companies mandated work-from-home job operations. Hence, drivers have stayed off the streets except for necessary travels such as purchasing food and other household supplies. Furthermore, many are wondering what happens with their car coverage during this period. Here is the impact of the pandemic on your insurance.