- Auto InsuranceCommercial Auto Insurance is coverage that provides protection against physical damage and bodily injury resulting from vehicle accidents. It should also provide some protection from theft and vandalism. This coverage is meant exclusively for autos used for business purposes. Personal auto insurance does not usually cover autos used in business and thus the need for commercial auto insurance. Commercial auto insurance provides much of the same coverage as personal auto, the major differences being in vehicles covered.
- Motorcycle InsuranceMotorcycle insurance offers many options and coverages, as well as discounts from many carriers such as multiple bike and safe driver discounts. Pricing an motorcycle policy must be done with great attention to detail. There are some standard factors used in determining rates, such as year and model of your bike(s), your driving record and condition of your bike(s). Some other factors that could affect a motorcycle policy premium include safety and security features; some bikes are safer or harder to steal and therefore cost less to insure.
- Boat InsuranceAccording to III, you can buy a $1 million personal umbrella policy for about $150 to $300 per year. As the limit grows, as will the premium. Talking to a personal lines specialist will help you identify your gaps in coverage and weigh the benefits of adding an umbrella policy over your home, auto or watercraft insurance policies. Before deciding how much more coverage you need consider that 13 percent of personal injury liability awards and settlements are $1 million or more (as reported by TrustedChoice). Some rating factors for umbrella insurance include...
- RV InsuranceRating factors for RV insurance will vary by carrier, but type of RV, age and condition of vehicle will almost always be key factors, as well as driving records and claims histories. Luckily there are multiple carriers who offer discounts, such as multi-policy/multi-vehicle, safety course completion, good driver and claim-free renewal discounts.
- Mobile Home InsuranceMobile home insurance, also known as manufactured home insurance, is similar to homeowners, however it offers more specialized protections to your factory-built home. With mobile home insurance you can protect additions to your home such as porches, carports, gazebos and garages. Coverage will also include damages to and theft of personal property as well as third-party liability for bodily injury/property damage.
- Inland Marine InsuranceDon't be confused by the name, inland marine insurance is not insurance for your watercrafts! It is coverage for your valuables that extends beyond your homeowners policy limits and exclusions. While the main job of this type of insurance is to protect commercial goods being shipped over land (ocean marine coverage applies over sea), it also covers personal property being shipped and expensive valuables that are stored at a home or business. Inland marine will cover just about any moveable or specialized type of property. Some examples of items that may need extra coverage include fur coats, construction equipment, musical instruments and even solar panels. Essentially, to be covered with inland marine insurance your item must be...
- Renters InsuranceRenters insurance, also known as tenants insurance, is coverage for those who rent or lease their homes. Coverage can be for a house, apartment or any other dwelling that qualifies as a residence. Landlords are required to provide insurance coverage for the structure of your residence; the roof, building exteriors and detached garages are included in their responsibilities. Renters insurance will provide coverage for third-party liability, if a visitor is injured in your apartment, for example, as well as for your personal property against such perils as fire, theft and vandalism. Water damage coverage and other endorsements are available for renters insurance. Since renters insurance doesn't cover the outside of your dwelling, or its surrounding property, it is very affordable coverage.
- Home InsurancePeople don’t usually think of their lives in terms of risk or exposures to lawsuits, which makes it difficult to choose insurance to cover them. Buying a sub-par insurance plan or choosing to “take your chances” can be costly mistakes. The average homeowners insurance claim is $10,000 and the average personal auto claim is close to $1,000—both more costly than a yearly premium for the average customer. At The Insurance Shop, our specialists take the time to assess your coverage needs and help you to make educated decisions regarding your personal insurance coverages.
- Condo InsuranceCondominium insurance differs from homeowners in that it doesn't need to cover the outside of your condo (roof, exterior and garages for example). Most condo insurance carriers will cover your interior walls, appliances, personal property and other valuables that you and your agent discuss. Many condo owners make improvements or upgrades to their homes, such as installing hardwood floors, new counter tops or replacing the carpet. Fortunately, most condo policies will pay to restore upgrades after damage occurs.
- Life InsuranceMetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company, better known as MetLife, and its affiliates.
- Health InsuranceGroup health insurance is often the most expensive and most important employee benefit for employers and employees. Most insurance companies require employers to cover a minimum of 50 percent of the premium for each participating employee. There are many options when choosing the right group plan for your business. You must decide if you will offer an HMO, PPO or HSA, as well as coverage for maternity leave. You may also be able to choose your deductibles and co-pays. Premiums will be affected by several factors, some can be controlled, while others cannot. Previous claims, employee demographics, provider contracts, business location, plan design (HMO, PPO, HSA) and healthcare reform are the major factors that will both increase and decrease premiums.
- Disability InsuranceGroup disability insurance provides some protection to employees in the event of disability. There are two forms of disability coverage: short-term and long-term. If an employee becomes disabled, for whatever reason, and stops receiving a paycheck, disability benefits will typically pay between 50 and 60 percent of wages (or sometimes a flat dollar amount stipulated by the policy). There are usually constraints in the policy indicating coverage and waiting periods before benefits are activated. Short-term plans cost less than long-term plans and generally are constrained to 13-26 weeks of coverage. Long-term plans can pay benefits up until retirement, or age 65, which is why this plan often costs much more than short-term policies. Waiting periods are typically between 90 and 180 days before coverage will take affect. While it may seem practical to only offer short-term disability, it is wise to take a big picture look at your business and the type of risks you’re exposed to, before determining what plans to purchase.
- Long Term Care
- Dental InsuranceGroup dental insurance comes in many forms. It can be a basic as providing preventative care only or very comprehensive by providing such coverage as for orthodontics. Dental programs can also be voluntary, meaning employees can opt out of coverage. Dental services can be very costly, even with insurance, so negotiating good deductibles, co-pays and premiums are crucial.
- Vision InsuranceGroup vision insurance gives employees access to routine eye care benefits such as eyeglasses, contacts, LASIK and other eye-related surgeries. Group vision doesn’t usually add much cost to an employee benefits program, but it does add great value. When an employee has access to vision insurance they maintain better eye health, which impacts their productivity and may even prevent some cumulative traumas such as eye strain.
- Business InsuranceWhether you are a small business owner, contractor, or professional looking for business insurance in your state, InsuranceShopllc.com is your online space for better insurance services. Our agents are committed to finding fast, affordable coverage for any type of commercial insurance. They are in our offices 5 - 6 days a week and ready to earn your trust with hard work and excellent service.
- Commercial Property InsuranceCommercial crime insurance, sometimes known as fidelity and crime insurance or employee dishonesty insurance, protects your business from crime-related losses not typically covered by commercial property or other lines of insurance. Mostly known to cover types of employee dishonesty, crime insurance covers forgery, money and securities theft, burglary or robbery and computer fraud. Crime insurance can reimburse you for theft of cash and checks, which is not commonly covered by business property insurance. Commercial crime coverage typically contains the following seven insuring agreements...
- Workers Compensation InsurancePay As You Go Workers Compensation Insurance, often shortened to PayGo Workers Comp, is a new way of pricing and paying for workers compensation insurance. Typically, workers compensation insurance is rated based on estimated payroll, your Experience Modification Rate (ERM) and your business class codes. You can read more about how traditional workers compensation insurance is rated and purchased here. Heavy upfront deposits and estimations make traditional policies hard to swallow for small businesses, start-up businesses and those businesses with minimal cash flow. When you decide to purchase through a program like PayGo Workers Comp you may enjoy features like reduced down payments, premiums based on actual payroll and minimal audits.
- Commercial Liability InsuranceIf your business owns or leases one or more vehicles you need a commercial auto policy. If your business utilizes personal vehicles or other non-owned vehicles then you can add hired and non-owned coverage onto one of your other business liability coverages, like a general liability policy.
- Professional Liability InsuranceProfessional liability insurance, also known as errors and omissions (E&O) insurance, protects against liability incurred while performing a professional service. Most professional liability policies only cover financial losses suffered by third-parties. They will not cover bodily injury or property damage, these claims are usually covered by a general liability policy. Accountants, attorneys, real estate brokers, consultants, physicians, architects and engineers are some of the professions that need professional liability coverage.
- Builders Risk InsuranceBuilders risk insurance, also known in some areas as course of construction insurance, is a type of property insurance which covers a building where the structure itself, or insured area within, is presently under development, renovation or construction. Builders risk coverage can include protection for construction materials, heating and air-conditioning equipment, labor costs and expenses as well as temporary structures such as cribbing, false work, fencing, scaffolding, construction signs and even trees and other plants. While this type of insurance is not mandated by law, it is generally required for contractors/sub-contractors by their clients. Builders risk insurance is typically purchased for three, six, or twelve months, depending on the projected life of the construction. Most policies can be extended fairly easily at least one time, however additional extensions may be more difficult to obtain. It is best to advise your agent at the time the policy is purchased if you believe the project will run more than 12 months so they can negotiate renewal options based on a realistic view of the time necessary to complete the project.
- Liability InsuranceEssentially, D&O insurance is errors and omissions insurance. Most E&O policies are written with claims-made coverage triggers, meaning coverage only applies to claims generated and submitted within the policy term. Also typical of this coverage is a “shrinking limits” provision. Unlike commercial general liability policies where defense costs are paid in addition to policy limits, D&O coverage subtracts defense costs from the policy limits. Umbrella insurance is often a great addition to directors and officers liability as it raises limits, giving policyholders more coverage.
- Identity Theft InsuranceVoluntary benefits are those offered by the employer but are not sponsored, or paid into, by the employer. The employees still enjoy the lower premiums offered through a group plan, however. They can include such benefits as indemnity health, dental and vision, as well as prepaid legal benefits and identity theft protection. These voluntary benefits cost little to nothing to the employer, but add great value to their group benefits package as a whole, creating a competitive and attractive workplace for employees.
- Pet InsuranceAccidents. Broken bones, torn ligaments, diagnostics (blood tests), ingested toxins and bite wounds are all examples of accidents that are covered through pet insurance.
- Flood InsuranceProperty insurance provides coverage for property owned, in the event of damage or theft. The property covered is usually confined to an owned or rented structure, and only covers the property while in said structure. Property insurance is usually bought included with other lines of insurance such as in a business owners policy (or commercial package policy ), homeowners insurance, renters insurance, flood insurance or earthquake insurance. Perils typically covered by basic property insurance include damage caused by fire, smoke, wind, hail, the weight of ice or snow, lightning, theft and more. Property insurance also provides some liability coverage in the event someone other than the property owner or renter is injured while on the property.
- Earthquake Insurance