Ray Evtuch, Author at SmartFem Magazine

What Kind of Water Damage Is Covered by Homeowners Insurance?

Most homeowners insurance claims are water related. Yet many policyholders are unaware of what is covered and what is not covered by their homeowners insurance policy. Unfortunately, a lot of confusion and hard feelings result when policyholders try to file a claim only to find out that the damage caused as a result of a water event is not covered or only partially covered by their homeowners policy. It is imperative that policyholders ask their agent what is covered and read their policy as to what is covered and what is excluded with regard to water damage. Not all...

It’s Time for Businesses to Insure Against Data Breach

Posted by Ray Evtuch |

Businesses, both big and small, who are privy to sensitive client information, need to protect themselves against an ever-increasing risk of data breach and having computer records fall into the hands of unauthorized individuals or organizations. Healthcare practices such as doctors and dentists, law offices, accountants and bookkeepers, retailers, restaurants and financial services are especially at high risk because of the amount of information, the volume of the information, the sensitivity and the number of people having access to the information. Data Breach is defined as any loss, theft, accidental release or accidental publication of information that personally identifies...

Get to Know Your Auto Insurance Policy

Posted by Ray Evtuch |

Protect your credit and vehicle at the same time by knowing the details of your auto insurance policy and the different premiums that you pay each month.

How Parents Can Save on Their Teenager’s Auto Insurance

Posted by Ray Evtuch |

As your teen quickly grows up and is able to obtain a driver’s licence, remember to teach your teen safe driving practices in order to save on your premiums for their auto insurance.

Do I Really Need an Umbrella Policy?

Posted by Ray Evtuch |

Do I really need an umbrella policy given I already have liability coverage on my home and auto insurance? This is a question I get asked frequently by many of my clients. If you have a sizeable amount of family financial assets you might want to consider having an umbrella policy for your household. A quick way to determine if you should have an umbrella policy is to add up all of your assets such as the value of your home, bank accounts, stocks, bonds, retirement funds and other valuable assets. If this total is significantly above your current...