#insurance
Track insurance costs, premiums, and coverage details
Conventional PMI ends two ways: request cancellation in writing at 80% LTV, or wait for automatic termination at 78%. FHA MIP can run for the loan's life.
West Virginia gives insurers a 60% premium-tax credit for backing growth funds that invest in local employers with fewer than 250 staff.
A certificate of insurance confers no rights — only the endorsement does. What additional insured status covers, the CG 20 10/20 37 forms, and what it costs.
US exotic rentals need roughly 60% utilization — about 18 days a month — to clear insurance, financing, and the $4,000–$6,000 a car loses in value monthly.
The US Federal Bonding Program issues free $5,000–$25,000 fidelity bonds covering an at-risk hire's first six months — no premium, no deductible.
A daily money manager is not a fiduciary until formally appointed — price retainers deliberately, never commingle funds, and log every bill-pay.
A $1,500 drone survey can net a few hundred dollars once US Part 107 fees, hull and payload insurance, and MACRS depreciation enter your per-acre math.
Hot sauce is an FDA acidified food, so most states bar it from home kitchens. Budget $500-$1,000 for process review and training before your first bottle.
A workers' comp ghost policy covers nobody — it buys the COI a general contractor demands for $750–$1,200 a year. Who qualifies, and what the audit checks.
An 80% coinsurance clause pays $36,750 on a $50,000 loss when you carry $600,000 on a $1,000,000 building. Here is the math, and four ways to avoid it.
An ERISA fidelity bond protects the plan from theft, not you. Fiduciary liability insurance covers 401(k) breach-of-duty claims for $500–$2,500 a year.
A US contractor license bond protects the public and costs 1–3% a year; a bid bond protects one project owner and will never satisfy a state licensing board.
