You worked hard to get where you are in life – to purchase the things you want, such as your yacht, luxury cars or special collector’s items. Now, it’s time to protect the things you love with the right innovative solutions insurance services. Buying the correct insurance for a luxury item such as a yacht can make sure your assets are covered, no matter what.
Types of Yacht Insurance
Don’t purchase just any boat insurance to cover a yacht. Take out more than the minimum for full coverage – otherwise, you could end up paying for costly repairs out of pocket. The general types of yacht insurance you may want to purchase include the following:
Collision liability insurance
Property damage insurance
Bodily injury liability insurance
Uninsured/underinsured boater insurance
You will want to speak to an agent for innovative solutions insurance services to match your exact needs. An insurance agent will get to know your assets, analyze risk factors and recommend the best type of boater’s insurance for your yacht.
Comprehensive Coverage for All Your Assets
One of the greatest perks about working with an agent is that you can purchase insurance to cover all your high-value assets at the same time at your yacht. Your agent can create a comprehensive plan to cover all your assets, using innovative solutions insurance services that can get creative with your coverage. That way, you get the best insurance for the best price.
A Consolidated Loss Prevention Plan
As a business owner, you might be very cautious when it comes to spending. Your budget might require careful consideration with every purchase, and this could extend to insurance. Although an expensive necessity, the costs incurred from lawsuits or claims when you don’t carry a liability policy can be devastating to your company. If you are thinking about protecting against a range of liabilities, consider a broadform liability insurance policy.
Comparing Coverage Options
Many small businesses opt to purchase a public liability policy to protect their company from claims of loss. These situations are associated with physical or property damage caused by a third party in a location where your business is deemed responsible. However, this coverage isn’t comprehensive enough to address concerns that arise from the use of your company’s products. This gap exposes the product as liable rather than the services or location of the business. Instead of purchasing a product liability contract, a broadform policy can address the need.
Combining Your Coverage
A broadform liability insurance policy is responsible for claims of liability regardless of whether it is public or product fault. It covers loss associated with your product or physical work. Although it is more comprehensive than an either/or situation, it is still important to talk with your insurance broker about the details. There are many details to be worked out to ensure you are fully protected.
There are many coverages that go into creating a complete insurance policy for a trucking business. Some of these cover activities that take place on your business’ premises while others cover the goods that you will be transporting. As you build out your new policy, here are two coverages that are specifically designed to cover your truck that you should plan to include in your policy.
Truck Liability Insurance
Truck liability insurance protects you in case you involved in an accident in your truck and you’re at fault. Like personal auto coverages, your policy would cover the cost to repair or replace the third party’s property and cover any related medical expenses. Because of the high amount of risks associated with driving a truck, this will be the most expensive part of your policy.
Physical Damage Truck Insurance
Physical damage truck insurance is first-party coverage that’s there to cover your truck and trailer equipment in case they become damaged. You can choose to carry coverage for specific events or go with comprehensive coverage which is likely to be more expensive. With the number of ways your truck can get damaged being virtually limitless, it’s recommended that you go with comprehensive coverage to eliminate the risk of a claim getting denied.
Of course, your policy will need to include various other coverages in order to keep your business and investment protected. Working with an experienced commercial truck insurance agent will ensure that your policy contains the appropriate levels of coverage.
Summer kicks off vacations for many Americans. For those traveling beyond our borders, worldwide insurance services can help you have the insurance protection you need during your trip. Here are some tips to having a safe trip overseas.
Domestic health insurance may not provide coverage outside of the country. If you fall ill or break a bone while overseas, you need insurance that can cover the costs of a hospital stay or doctor’s visit along with any necessary medication.
While a travel agent isn’t a requirement to an enjoyable vacation, a plan of what you want to do and see can help you make the most of your trip. You also need to think about where you plan to stay, how you plan to get around and how much money you want to spend. Trip-cancellation insurance may be a good idea especially if you plan the trip months in advance.
Consider your personal safety and that of your belongings when traveling. Theft is common in some locales and theft protection insurance helps you recover what is lost during the trip.
Worldwide insurance services protect you not only at home but abroad as well. A safe trip starts with having insurance coverage when you need it. Don’t leave it up to chance. Carry the right coverage, so you can relax and enjoy the sights.
How To Build a Website for Insurance Companies
When it comes to building websites, you want one that stands out and reflects your company’s brand. To do that, you need to understand how insurance agency websites are designed and what factors go into making effective websites.
The Components of a Good Website
Many people think only of colors and layout when it comes to designing a website. The truth is that there is much more to a website than those aspects, even though they are also important. For an effective website design, you should include the following four components:
User-friendly interface: Making a website easy to navigate and designed with consumers in mind is helpful to attracting customers.
Safety: A secure site makes you trustworthy and allows consumers to safely browse without fear.
Branding: This includes color, logo, tone of voice and content to help you connect with and engage with customers.
Functional technology: Nowadays, websites need to be responsive across platforms, making it easier for consumers to access no matter what device they use.
Building Your New Insurance Website
There is more to insurance agency websites than a good design and color palette. There is also a great deal of emphasis placed on how customers interact with the content and site, making it easier for them to use and connect with your agency. Keeping the aspects above in mind can help you design a website that is perfect for you.
Car Shopping in Connecticut
Purchasing a car is one of the most important purchases you’ll likely make in your lifetime. When you add up the number of hours you may spend in your vehicle to and from work, going on road trips or running errands, it’s no wonder that having the right one can make all the difference. In addition to your car’s aesthetics, it’s essential to consider other factors such as comfort and safety. Along the lines of security, finding not only the cheapest car insurance in CT but the best value is the best way to protect your investment.
Considerations While Shopping
With seemingly endless car options available, it can be overwhelming zeroing in on the perfect vehicle. Before you sign that contract, the following considerations can be helpful:
A realistic budget and payment plan
The primary purpose of your vehicle
Ease of driving
Reviews for both the vehicle itself and the dealership from which you will be purchasing
Rebates, discounts, and incentives
Whether the cheapest car insurance can cover this vehicle in CT, or if you can expect to pay higher rates
A car can bring you many years of joy and make life more convenient, so it’s recommended that you take your time in choosing the one that suits you best. Whether you are just looking for something simple to get from point A to B, or plan to cruise regularly up and down the Atlantic coast, you deserve to feel comfortable and safe in your vehicle.
Cargo Insurance: What Type You Need
As a trucker, you have to think about insurance coverage. This is particularly true when you are transporting valuable cargo. When it comes to freight insurance, there are different types that you have to think about. Here is what you need to know.
All risk coverage helps provide protection against damage or losses that are caused by external problems. For instance, the following are often covered under all risk:
When a problem arises, but it isn’t your fault, this is usually where all risk will step in.
The broad form coverage extends beyond your basic coverages. With this coverage, it includes rare events that can be financially devastating. With comprehensive coverage, you have higher premiums and a deductible.
Legal liability covers what you lose if something is damaged or lost in transport. This might be due to an accident, a fire or other specific instances. Liability will help you pay for legal expenses and settlements of claims.
When it comes to freight insurance, there are a lot of coverages available to you. It’s important to consider all of the types of protection that you might need. After all, as a truck driver, you’re carrying valuable and essential cargo.
Protecting Your Business From the Public
Whenever a business allows people outside of the company onto business premises, there are risks involved. Public liability insurance, or PLI insurance, is beneficial and essential for any business that has physical contact with the public.
PLI insurance is considered to be the bare minimum for commercial insurance that businesses need if they invite anyone outside the company into the business. Whether these people are from a third party or the public, your company takes a risk by allowing them on the property if they are not employees. People covered by this insurance include:
Customers to a retail store
Under your commercial insurance, you most likely have a policy that protects your employees in cases of injuries or illnesses. This policy is similar in that your business is held responsible for what happens to visitors. However, rather than protecting visitors, it protects your business. The insurance policy itself is designed to safeguard the company from claims of the following on the business premises:
Basic Coverage for Your Business
If you own a business that allows members of the public to access the premises, you need PLI insurance as the base level of protection. That way, if an accident happens and someone from the public files a claim against you, your business is protected.
Medical Transportation for Non-Emergent Cases
Running a business that provides medical transportation is something that is likely appreciated by communities that rely on these types of services. When the discussion of medical transportation comes up, some may automatically think about ambulances and other emergency vehicles. However, there are members of the community that need transportation for medical purposes that aren’t necessarily categorized as emergency cases. If you are considering providing this type of service, it is important to understand the needs of your client base and how to protect your business with safeguards such as non-emergency medical transportation insurance.
Addressing Client Needs
Understanding your clients’ needs can help you to be more intuitive about the type of service you should provide. Some clients may have special conditions that need to be accommodated such as the following:
Gurney or wheelchair use
Residence in retirement communities or nursing homes
Quadriplegia or Paraplegia
Other disabilities that can affect the ability to self-transport
Protecting Your Business
Special protections are needed in all businesses, especially those in the medical field or customer service industry where mishaps or accidents can be quite costly. Even after taking all reasonable precautions, it is virtually impossible to eliminate all risk associated with this type of business. However, with support from coverage such as non-emergency medical transportation insurance you can better operate your business with confidence.
An Insurance Company in the Protection Business
When you need an insurance policy, you want to work with an agent that has your best interest at heart. Owens Group Insurance is in the business of protecting people’s professional and personal lives, making it an ideal choice for business professionals and individuals.
Protecting Your Personal Life
Each person’s individual risks may be different depending on lifestyle, which is why your policy should be created especially for you. That is why an agent conducts a risk assessment to determine your coverage. You can keep many areas of your personal life secure with coverage options including:
Kidnapping and ransom
Safeguarding Your Business
A business should be covered in case of a disaster or lawsuit. However, each industry is different and requires various levels of coverage. For example, an IT company may need more cyber liability than a construction company. After an assessment, an insurance agent can build a policy around some of the following coverage areas:
Earthquake and flood coverage
Since 1957, Owens Group Insurance has been protecting individuals and businesses. To mitigate disasters in both your personal and professional lives, you should choose an insurance company you can trust and rely on in stressful situations.