Commonwealth Insurance Agency is and independent insurance agency located in Corbin, Kentucky. Our agency offers a variety of insurance products to the surrounding area, including Auto / Car Insurance, Home Insurance, and Business / Commercial Insurance.
We are dedicated to providing the best available coverage for the best possible rate with superior customer service. We have a staff of highly professional agents that can answer your questions and cater to your individual needs and concerns. We are your neighbors and friends and take pride in being part of the community.
Posted: October 4, 2024
Equipment malfunctions can severely disrupt business operations, leading to delays and lost productivity. Whether it’s a computer crash, machinery failure, or technical breakdown, these unexpected issues can disrupt your workflow. However, maintaining productivity despite such challenges is central to ensuring your business runs smoothly. By implementing strategies to manage equipment failures effectively, you can minimize downtime and keep things moving forward. 1. Assess the Issue...
Posted: October 2, 2024
October is National Fire Prevention Month, making it an ideal time to raise awareness about fire safety at home. House fires have devastating consequences, and preparedness is critical to reducing risk. According to the National Fire Protection Association (NFPA), U.S. firefighters respond to an average of 346,800 house fires annually, resulting in over 2,500 deaths and billions in property damage. Understanding how to prevent fires...
Posted: October 2, 2024
When it comes to motorcycle safety, attention to detail is critical. According to the National Highway Traffic Safety Administration (NHTSA), motorcyclists face significantly higher risks in comparison to passengers in other vehicles. For every mile traveled, the risk of injury for motorcyclists is four times higher than that for passenger car occupants. The risk for fatality is far worse: seven times that of injury —...
Posted: September 30, 2024
The first step in determining whether a car is totaled (or, in insurance terms, a total loss) is to calculate its actual cash value (ACV) at the time of the loss. The ACV is how much your vehicle is worth after factoring in depreciation. On average, vehicles depreciate more than 20 percent in the first year and approximately 10 percent each additional year for the...