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Do you need insurance on a Sea Doo?

Unlike car insurance, you aren’t legally required to have insurance for your boat, jet ski, or other watercraft insurance. However, it is an EXTREMELY goo...

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the journal entry for paid insurance?

Prepaid Insurance Journal Entry When the asset is charged to expense, the journal entry is to debit the insurance expense account and credit the prepaid i...

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What is private health insurance?

Health insurance, often called private medical insurance, is an insurance policy that covers the costs of private healthcare, from diagnosis to treatment....

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Can someone else insure my motorcycle?

You can’t insure someone else’s vehicle because you have no interest in it. The owner insures, you pay, and you be principle driver. It’s done all the tim...

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Should my daughter get her own car insurance?

Kids should get their own car insurance when they purchase and title their own car and no longer live at home. It is possible to exclude your child from y...

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Do you need a motorcycle license to insure a motorcycle in NY?

Yes, you can own a motorcycle and an insurance policy for it without a license. However, you cannot legally drive a motorcycle in any state without either...

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Does my general liability insurance cover subcontractors?

In most cases your insurance will not cover your subcontractors. In some cases it may be found that both you and your subcontractor are responsible for a ...

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What do insurance companies go by when totaling a car?

Insurance companies determine a car to be totaled when the vehicle’s cost for repairs plus its salvage value equates to more than the actual cash value of...

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What are the requirements to be a call center agent?

Call Center Agent Qualifications and Skills High school diploma or equivalent. Proficient in relevant computer applications. 1-3 years of experience in a ...

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What is a claim payout?

If your claim is approved, you’ll receive payment for the amount of the loss as determined by the insurance company. Depending on what the insurance claim...

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