Now that the weather is perfect for taking your motorcycle out for a ride into the sunset, it's time that we go over the importance of having proper insurance coverage for your bike and what you should be expecting from your insurance policy!
Hello readers and insurance plan holders! Welcome to the Abri Insurance Blog! We are a full-service, independent insurance agency that represents you, the client, and not the insurance company. With each and every policy under one roof, we customize the perfect insurance package for you while striving to deliver the highest level of customer service. While the weather has been outstanding and is now the perfect time to take out your number one road warrior, your motorcycle, it is still extremely important to have the proper coverage you need to stay as safe as possible no matter what! If you are like most bikers, the idea of losing your bike sends you into a panic. We can customize your coverage so that it covers everything from a full replacement on your bike to medical payments when you get into an accident. Today, we are going to be diving into everything you need to know about motorcycle insurance so you can stay ahead of whatever might be coming your way so you will always be prepared!
The fact is, no matter how you might feel on the open road or the fact that you are an excellent driver, you need motorcycle insurance. Minimum liability just isn't enough. While it is an extra expense that you don't use until you need it, when that time comes you will really need it! Like we usually mention when it comes to insurance, while it might be hard to spend money on insurance and not get anything directly out of it right away, if you don't have it when you end up needing it, it will cost you even more in the long run! Also, don't forget, almost every state requires minimum liability coverage just to register your motorcycle. While minimum liability coverage is a great first step, it only covers the other person involved when you've caused an accident. What about you and your bike after an accident? Regardless of who caused the accident, you both might need patching up and you could be looking at thousands of dollars to do so! Make sure you're getting coverage to insure your body's overall safety and wellness, the safety and wellness of your bike, and anyone else who might be involved in an accident. Remember, this is still a vehicle just like your car. If you would insure our car, why wouldn't you also insure your motorcycle? As we've mentioned, your state will most likely require you to have liability insurance coverage for your bike. Our biggest recommendation when in the market for motorcycle insurance in the Charleston area is to sit down with us at Abri or with your insurance agent and talk about what your options are. First, consider buying a policy above the minimum requirement and check with us if your coverage includes coverage for your bodily injury and injury done to your passengers. Also, make sure you have all the proper coverage for your state! Florida requires you to carry a minimum of $10,000 in medical benefits while other states require you to carry uninsured/underinsured motorist coverage. Please check with us if your preferred policy checks all the boxes needed for the state of South Carolina!
The good news is if you're pretty familiar with standard auto insurance policies, motorcycle standard policies are very similar. Most insurers offer, on top of what we have already mentioned, personal injury protection, medical payments, comprehensive and collision coverage, all of which we would highly recommend adding to your overall policy! If you are feeling the want and need to add on more you can also add on roadside assistance, transport trailer coverage, trip interruption coverage, and coverage for custom parts, equipment, and accessories. For our readers who have invested a pretty penny into a custom chopper, this is an ideal situation for you! While many of our readers may still not be thrilled about paying for insurance on their bikes, please keep in mind that many companies will offer a "lay-up" period discount during cooler and inclement months where many individuals who have other modes of transportation will put their bikes away until the spring returns. There are also other discounts out there just waiting to be utilized. Make sure, if you need or want to, to speak to your provider and ask if you are eligible or if they offer any of these discounts!
Now let's talk about the real nitty-gritty of your bike, what happens if it is destroyed or stolen? There is a policy for that! When this happens you'll usually be given three different types of settlements. One is a stated amount, this will pay you the amount that you agreed upon when you purchased your policy. The second is an actual cash value, and this will pay the value of what your bike is worth minus depreciation and deductible. Finally, there is the agreed value and this will pay the amount you and the insurance company agreed on when you bought the policy and it is a fixed amount, nothing will be taken from a claim check when this option is chosen.
Still not convinced that you need motorcycle insurance? Thank about it this way; 48 out of the 50 states in the US require you to have insurance. The two that don't still suggest that it might be the smart choice to do so. Here are a few more pieces of information to know about motorcycle insurance that you should still keep close to your heart when debating what policy you should get at the end of the day!
Motorcyclists, have we got your attention? We want you to enjoy the open road as best you can, and the best way to do so is to have the best insurance policy possible! Let Abri insurance help you curate the best insurance policy for your motorcycle in the Lowcountry! This way every ride is the safest and perfect ride every time! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
When it comes to being an employee and protecting your employees, one of the most important things to have as a business owner is employee benefits liability insurance. Today, we are going to spend some time diving a little deeper into this topic and what you need to know!
Employment and being an employer right now is incredibly tricky, especially right here in the Lowcountry. Companies across all professions are feeling the weight of being very understaffed and employees are more exhausted than ever before tiring to keep up with the extra strain that is being put on them. Fighting for security, benefits, a good salary, and insurance across the board is what is inspiring these exhausted employees to stick around. Keeping these benefits protected and insured is becoming the primary focus for many businesses across the Lowcountry, and we are here to help. It is our job at Abri insurance to figuring out how to best cover your employees while still giving you room in your budget to grow your business, together!
What To Know About EBL
Employee Benefits Liability (EBL) insurance is coverage that helps businesses with errors and omissions that happen when employee benefit plans are administered. It covers damages that the insured company becomes obligated to pay due to an error or admission made in administrating an employee's benefits. These benefits are things like life insurance, medical insurance, disability insurance, and retirement plans. A better benefits package offered to potential employees can attract the perfect employee or keep the perfect employees working for you. However, any error in properly providing and informing employees of all of their benefits, signing them up correctly, and offering everything to them that they are eligible for can lead to some very unhappy employees and potential lawsuits. While many of these errors are human errors, they're still huge errors that if not covered properly could end up with a severely injured employee without the coverage they need and a lawsuit coming your way. These lawsuits and other financial responsibilities that arise from this situation could potentially financially destroy your company, but with EBL, you will be able to help your employee and still keep your doors open.
One of the many benefits of EBL is that it covers not only the main benefits offered to an employee, but also fringe benefits like dental, profit-sharing plans employee stock plans, and much more. It is also technically sold as a stand-alone policy. However, when you are in the market to purchase an EBL, make sure the plan you choose covers the benefit plans that your specific company offers. Not all benefit packages are created the same, which we all know and recognize. Outside of the benefits we've already mentioned, employee benefit programs include accident insurance plans, pension and savings plans, social security, workers compensation, unemployment benefits, maternity leave, tuition assistant, and vacation plans. While not every company will offer all of these benefits and while not every employee will want or use each of the benefits offered to them, they will be important to your employees and many will need this coverage to survive, remain healthy, and live to the fullest. These benefits are important to your employees, so these benefits need to be important enough to you to get the proper coverage to protect what is rightfully owed to your employee and to protect your company along the way. Make sure when buying insurance from Abri or your insurance company of choice, that you take the time to sit down and explain all the benefits you need to be protected and covered through with EBL.
Please note that almost all EBL endorsements give coverage on a claims-made basis, which means these endorsements cover claims made during the policy period that was given to your employees. If claims are made outside the policy period then they won't be covered. While you're thinking that this might add even more of an expense to the insurance policies you already have, it can save you money and help your company in the end. If your company offers any kind of benefits to your employees, if you have a high employee turnover rate, if someone (an employee) beside you handles the benefits offered to all of your employees or you offer different benefits to each employee, then it is very important to EBL insurance. It is also important to know, as a business owner, that this type of policy only covers legally required and optional employee benefits. In this case, health insurance is not always legally required for companies to offer their employees. The Affordable Care Act specifies that employers with over 50 full-time employees provide health insurance.
Health insurance often gets targeted for benefit claims. While this type of policy will cover some of these costs, it's important to remember it won't cover all of them. These policies also insure against claims made by both current and former employees. These plans will have certain deductibles and will cover a specific amount incurred by current and former employees. When doing your research on how much these policies could cost you, the cost will vary based on multiple things, but mainly on how many employees you are planning to cover with this policy will determine the final price. Rest assured, this can be one of the most affordable types of insurance that your business will purchase overall. It is also important to know that EBL does have two separate limits; an aggregate limit and an each employee limit. The aggregate limit is the maximum amount of money that the insurer will have to pay for the damages that come from any administrative error. The each employee limit is how much the employer will have to pay for any and all damages by any employee, their family members, and any beneficiaries. Sometimes these limits apply to each claim instead of each employee.
Common Employment Practice Myths
While we are discussing everything that EBL covers for your company and why it is so important, we wanted to close with a list of myths that both employer and employee need to keep in mind as well continue to make it through this year and beyond. All of us here at Abri are here to protect your company and employees, believe in both have an equal right to what is regularly theirs. Remember this list full of myths and are not true. If you are experiencing any of these, it might be time to consider your position.
Having any kind of assumption about your employees or employer is never a good situation to find yourself in. To avoid any issues and to create a proper work environment that your employees want to be a part of, make sure to spend time listing to them. Also, make sure to keep an open line of communication established so they can understand what benefits they're entitled to and you understand what they want and need from their benefits. An EBL is necessary to keep all parties happy and to keep your company in good standing after any error. In the long run, it's best to keep your eyes and mind open for your employees so your company can be as successful as you know it can be! Remember, we are Charleston's premier full-service, independent insurance agency representing you, the client, not the insurance company. With every policy under the Abri Roof, we customize the perfect insurance package for you while striving to deliver the highest level of customer service! Please don't hesitate to reach out and contact us, we are here for you! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
Knowing the truth about your insurance policies and coverage is just as important as knowing the false information floating around out there. Today, we are going to be talking about and debunking some of the most common small business insurance myths out there!
If the last year has taught us anything, it's that we need to be prepared for anything and everything that could come our way. This idea has been applied to every aspect of our personal and professional lives. We have been right here along with each of you figuring out the best way to go about handling everything. Our daily focus is on how to best support our clients and figuring out how Abri Insurance can continue to offer the best care and support possible for you, your loved ones, and your possessions no matter what might come your way.
Small businesses felt and continue to feel some of the most painful and difficult effects of the pandemic, and many are struggling to recover still. The waters are still unsure, and who knows what's to come. One of the best ways to keep up the fight and to keep going is to make sure you have the correct insurance policies and the correct coverage for your small business. While the world continues to make its moves back to a sense of normalcy in its own and unique way, it's also important to know and squash any incorrect information and myths that are floating around out there about your small business and small business insurance. This way you can continue to recover, know what to avoid and ignore as you get back to work, and focus on the task at hand to get you back to operating as normal!
What Is Small Business Insurance?
Let's start with the basics! What is small business insurance and what do you need to know about it? One of the most important things to remember in this situation is that small business insurance is there to protect and cover what you've built over the years. You've worked so hard to create your small business, you deserve and need someone to work just as hard as you to watch over everything you've built and created. Small business insurance, or commercial insurance, is dedicated to protecting a business's income, property, and it's assets. The most common policy for a small business is called a business owners policy, or a BOP. A BOP will include three types of coverage to help protect your business; interruption coverage, liability coverage, and business property coverage. Depending on what type of small business you own, you may also be able to buy additional insurance coverage that is customized for your needs.
What Does Small Business Insurance Cover?
We know this question is at the tip of your tongue, and it should be! It is very important to know what is included in your BOP. Most basic policies will cover things like financial loss, damages from things like theft, fire, wind, falling objects, and lightning. A BOP might also help you replace business property if it is damaged due to man-made and natural disasters such as machinery, office furniture, and computers. It will also help, if you own your office building, to pay for any damages done to it by fire or other natural disasters. General liability within a BOP will help pay for the medical expenses that might accrue if a customer or a visitor is injured at your office and can also help cover legal fees as well. Finally, a BOP will also help with business interruption coverage. If your business is interrupted due to some kind of peril, this will help cover the cost of rent, lost business income, and repairs being made to your building.
Examples of Small Business Myths
Now that you know more about what small business insurance is, what a BOP is and what it will offer, it's time to dig a little deeper and debunk some very tricky myths floating around out there about small business insurance!
Fiction: My employees drive their own cars. This means that I don't need to buy business auto insurance.
Fact: It is very important to understand that while you and your employees might have auto insurance, you can't assume that it will cover any incident that happens when an employee is using their personal vehicle for business purposes. To be safe and to avoid any uncovered losses, to protect your employees, your company, and yourself, it is best to talk with us at Abri Insurance or with your insurance agent about getting the sufficient insurance you need for commercial auto coverage! Please note, this can come with perks! You can get coverage for rental vehicles, GPS equipment, and lease/loan gap coverage.
Fiction: My business is too small for a cybersecurity breach!
Fact: We will need to talk about this in another blog in the future, but please note that any cybercriminal will not discriminate when it comes to hacking into a company's private information to get what they want. If they want to go after a small company or a large company, a cybercriminal will do what they wish. You are always at risk and you will need to be covered for this risk. The House of Representatives Committee on Small Business reports that 40% of all cyber-attacks are focus on companies with 500 employees or less. Your plan should include privacy breach and cyber liability coverage. This can be included in your overall liability coverage.
Fiction: My umbrella policy has it all covered!
Fact: Just because your small business has an umbrella insurance policy doesn't mean that you're covered for anything and everything! Please speak with your insurance providers or with us at Abri Insurance to learn more about what exactly your umbrella policy covers and what it does not cover.
Fiction: You don't need insurance to cover your small business located in your home!
Fact: For anyone who is a small business owner that went through the first year of the pandemic knows that this is very false! Remember, even if you have an excellent homeowners insurance policy, this doesn't mean your home office, business, or your business equipment will be covered. Your home and the structure of your home will be covered under your homeowner's insurance policy, but nothing pertaining to your business will be. This will require additional coverage!
Fiction: If I don't have any employees, I don't need workers comp insurance!
Fact: Remember, even if you are a one-person operation, you still have an employee; you! While some states, like Texas, don't require you to have workers comp, you are still putting yourself and your company at risk if you don't have workers comp, even as a business of one. You could personally be held accountable and responsible for damaged products, cause of injury to your clients due to your faulty products, if shipments aren't fulfilled, and more.
Fiction: Contracts will always protect you from legal action.
Fact: No matter how legally sound or binding a contract might be, if you don't uphold your contractual obligations to a client or an employee, legal action could still be taken against you! This is where professional liability insurance can help you cover your losses and mitigate risk when a client is upset by your products and services.
Fiction: When you get small business insurance, comprehensive insurance is yours by default!
Fact: You will get general liability insurance when you get a small business insurance plan. Please note that this is just general coverage. It will cover most of your business needs but not certain things that might be important or pertain to your business.
Fiction: You can lower your insurance premium by reporting a lower payroll or lower revenue.
Fact: Please don't report false information to your insurance company to pay less for your coverage. This is what is called insurance fraud. This can cause some serious damage to your company, reputation, and you could end up with a huge bill to pay back what you were trying to save.
Fiction: Business insurance is too expensive.
Fact: Why is this always a fact that has to be challenged? While yes, you will be paying for a product and service that you might not use very often, when you do need it, it will end up saving you so much money and protect you, your business, and your employees. Your business is worth protecting, isn't it? A good rule of thumb to remember is that the smaller your business, the more insurance you should consider. If it is just you that is in charge of your business, you will be at fault and responsible if anything goes wrong!
Fiction: Malpractice insurance is only something that doctors need to worry about!
Fact: Medical malpractice is only one form of Error and Omissions coverage. Another form is known as professional liability insurance. E&O insurance will help cover you if you find yourself in a situation where you end up having legal fees to pay due to being sued for negligence or harmful advice. No matter the mistake, lawsuits will still always be possible and you will need protection.
Small business owners, this was a blog dedicated just to you! We urge you to take this information to heart and to invest in an excellent small business insurance plan. We also recommend that you know everything about your policy inside and out. If you are a small business owner in need of the best coverage available or if you want to understand your existing policy a little better, please reach out to us at Abri Insurance. We are more than happy to speak with you about this topic! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
While it might not be your primary mode of transportation, it's still a vehicle that is loved and used by many right here in the Lowcountry. Today, we are going to be talking about the ins and outs of insurance for your golf cart!
Hello, Abri customers and friends! If you've found yourself here today, you want to learn a little more about how to keep your golf cart safe and insured. While a golf cart might not be your primary way of getting around, it is most likely your favorite! It's a staple in the Lowcountry to have one. A golf cart can mean trips to the beach, traveling around your neighborhood, going golfing, or just a quick trip to the store for some milk. No matter how you and your family enjoy using your golf cart, it is still best to know how to keep it safe and protected as best you can! Insurance for your golf cart is very similar to automotive insurance and covers things like collision and bodily injury. All of us at Abri can also create a more detailed policy so your golf cart and everyone who rides inside will be safe and protected as you wish.
Golf Cart Insurance - What Is It?
A basic golf cart insurance policy comes with some very typical basic coverage that includes property damage, bodily injury, collision, and comprehensive coverage. Each form of coverage might help to repair the damage done to your golf cart, depending on the situation you find yourself in. They are also there to help with expenses if you cause an accident that leads to someone getting hurt or private property being damaged. If you've damaged a home or car with your golf cart, property damage liability can help cover the cost to repair any resulting damage. If you cause an accident with your golf cart that hurts someone, bodily injury liability is there to help pay medical, hospital, or other related medical expenses. Regardless of who is at fault in an accident, collision coverage helps you pay for repairs on your golf cart. Finally, if your golf cart is ever stolen or receives damage done by something else other than a collision, comprehensive coverage can help you get a new golf cart or repair damages! Just like with any other insurance policy, you can add more specific additions to your policy to tailor it to exactly what you want, but we will talk about those add ons in a bit.
Do You Have To Have Golf Cart Insurance?
Gated communities and vacation destinations are no stranger to golf carts, and in some places, you can even drive them on the road just like a car. Due to situations like this, in certain states, it is required to have liability coverage for your golf cart. While you might not live in a state where it is required to have insurance for your golf cart, it is still a good idea to have it. Many HOA's will require you to have it as well. In certain communities, like golf communities, the HOA will require owners to purchase a very specific type of insurance for the golf cart being used and to name the HOA as an additional insured. While this might seem like a lot, the National Highway Traffic Safety Administration reported that between 2013 and 2018 there were 130 fatal golf cart accidents.
What Else Do I Need To Know About Golf Cart Insurance?
While some homeowners insurance policies and auto insurance policies might cover some of your golf cart, it doesn't cover everything. Some policies won't cover it at all. You have to very careful that you don't just assume that your existing home insurance will help cover a golf cart. In situations like this where you might be unsure about what your home insurance policy covers, it is best to check with us at Abri so we can discuss your policy with you. It is very important to understand what your policy does and doesn't cover. It is a rule of thumb to remember that even if your standard homeowner's insurance does cover your golf cart, it will only give little coverage, especially once you leave your personal property. It is also important to know that while a standard car insurance policy can cover some minor things for your golf cart, it will typically not cover a golf cart accident. In this situation, you have a few options. You can choose to expand your already existing homeowners or auto insurance plan to help cover your golf cart or get a separate specific policy to cover just your golf cart. Make sure to pick the best option for your style of using your golf cart and what makes the most sense for you financially. Sometimes separate policies for your golf cart can be sold as an off-road vehicle policy while certain insurance companies, like Abri, offer designated plans just for your golf cart. These plans will cover you no matter where you're driving your golf cart and will also provide coverage for when it's not being used and is sitting in storage. At the end of the day, the best option is to pick a policy that is specifically tailored for you and can give your golf cart the most complete protection and coverage. Outside of what we've mentioned in a basic golf cart insurance plan, it can help cover the liability of passengers, uninsured and underinsured motorists, and more!
You can also add on a few more specific pieces to your golf cart insurance policy! Some companies offer roadside assistance to help with a tow, jump, or flat tire. You can also get coverage for custom additions made after your purchase like engine modifications, lift kits, and custom bodies. Coverage can also be added to cover your radio and sound system along with your front and tail lights.
What Will You Be Paying And Are There Discounts?
How much you will pay for your insurance plan will depend on if you've added coverage to an already existing home or auto plan, if you just have a basic plan, or if you've created a tailored plan for exactly what you want or what your HOA defines what is needed. It will also depend on your proficiency as a driver, your record, and where you'll be driving. The most basic plan for adding it to a home insurance policy where you're just driving on your property could cost as little as $3 a month to $100 for those driving as often and whenever you want on a stand-alone plan, according to insurance.com
While we know adding on any extra expenses can be difficult, there are ways to save on your golf cart insurance even if it's just a few dollars at a time. Those few dollars can add up over time. You can save money if the insurance company that you're already using for your home or car insurance can bundle in your golf cart insurance. You can save money on a policy if you're a homeowner, and you can always ask if you can take advantage of a payment plan. You might be able to get a discount if you pay for your insurance policy in one lump sum and you can get a discount if you sign up for regularly scheduled payments that come right out of your bank account.
No matter if you're using your golf cart every day, for fun, for the golf course, or just on vacation, choosing insurance to protect your ride and your riders is the best option. You are still inside a vehicle that can cause harm to yourself, to others, and to property that doesn't belong to you. Why take that risk if you don't have to? Unsure about your policy? Are you interested in adding on or buying a golf cart policy? We can help with that! Make sure to reach out or comment below and an Abri agent will help you with your golf cart policy as quickly as possible! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
We've been talking a lot about topics that have been focused on and around homeowners insurance. This inspired us to dedicate a whole blog to the topic because we wanted to dive in a little deeper into what it is and what you need to know about it!
Hello, Charleston insurance holders and buyers! Welcome back to the Abri Insurance blog! We are a full-service, independent insurance agency representing you, the client, not the insurance company. With every policy under one roof, we customize the perfect insurance package for you while striving to deliver the highest level of customer service. In our last few blogs, we've been talking a lot about homeowners insurance, so we wanted to dedicate a whole blog to the topic and dig a little deeper into this very important coverage. Your home is one of the biggest purchases you will ever make, so it only makes sense to protect it. This insurance protects your home from damages to the home itself as well as protecting the possessions inside. With the springtime weather warming up, and the potentially dangerous storms that have already begun to appear in the Lowcountry, now is the time to make sure your homeowner's insurance is up to date and will cover everything you need when disaster strikes. Spend the time now to review your coverage, and if it's not what you need in times of disaster, come and speak with us! It is better to be fully prepared before disaster strikes than having poor coverage when it does! Let's learn a little more about homeowner's insurance so you know the ins and outs of what it truly is, what it covers, and some very common misconceptions to avoid!
What Is Homeowners Insurance?
Also called home insurance, this policy provides financial protection when your home or your belongings are damaged. Homeowner's insurance also covers damage or harm that comes to other individuals or their belongings. While it isn't required by law to have homeowners insurance, there are many reasons why you should have it, on top of what we have already mentioned. If you are planning to have a mortgage on your home, lenders will require you to have homeowners insurance up until the entire loan is paid back. Lending companies can demand that homeowners carry insurance to cover the exact amount of the mortgage they owe.
What Does My Homeowners Insurance Cover?
When heading into a particularly storm-heavy season in the Lowcountry, anything could happen at any time. That's why it is so important to know and understand what exactly your homeowner's insurance covers. A homeowner's insurance policy is split up into four different categories of what it will cover; your dwelling, your personal property, structures on your property, and the liability for damage or injury done to others or their belongings. When it comes to the coverage on your dwelling, it will cover to pay to repair the damage done by lightning, hail, hurricanes, wind, fire, and other natural disasters. Many standard policies will also cover damage done to detached buildings on your property like a gazebo, shed, and garages. Coverage of your personal belongings includes damage done to your sports equipment, furniture, clothing, and other personal items by fire, hurricanes, other natural disasters, and if they are stolen. It also covers items that are stored away from your home. Your landscaping and precious items like collectibles and jewelry are protected, but only to an extent. Your collectibles and special items are usually protected up to a certain dollar limit, and your landscaping items like trees and plants are covered for up to $500 per item. Liability covers lawsuits from harm or damage caused by you or your family to others, and also covers damage caused by your pets.
What Doesn't My Homeowners Insurance Cover?
While your homeowner's insurance covers quite a bit, you mustn't assume that it covers everything. Some items that homeowner's insurance doesn't cover are obvious, while some are still a little tricky. While you can add on extras to create a policy that covers you for exactly what you need, you might need to invest a little bit more into your coverage than what you think you do. A word to the wise, we would recommend going a little above your policy, at least have a policy that will cover you if you need to completely rebuild your home. What else should you know?
Myths About Homeowners Insurance
While it's great that there is a lot of information out there about homeowners insurance, there is also quite a bit of misinformation out there. We wanted to clear up these misconceptions so you know when you come across some bad information. If you question or thought your policy covered these misconceptions listed below, it's time to evaluate your policy and come speak with us at Abri!
You spend so much time in your home creating amazing memories, staying safe, and relaxing. A home is one of the largest and most important purchases you'll ever make, and one that many work for years to own. Keep your home properly covered so you and your family and the life you've built together can be protected and restored even after the worst. We encourage you to review your policy now, it is the perfect time to do so! You have three months until hurricane season begins, and while that might seem like a long way off, it will be here before you know it! If you would like to sit down and talk about your policy or if you would like to add more coverage, we are always here for you! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
While the idea of natural disasters isn't one we want anyone to spend much time thinking about, the reality is that it is still a possibility that we all have to face. Like everything, it's always best to be prepared, which is why we are going to be talking about disaster and catastrophe insurance today!
As we have officially hit the one-year marker of living with Covid-19, the realities of dealing with natural disasters have become all too clear. It's very obvious now that we never really know what might happen and it is best to be prepared for anything and everything. Living in the Lowcountry, we aren't strangers to the fact that hurricanes, tropical storms, and their dangerous aftermath can bring disaster right to our front doors. With that in mind and after this past year, considering natural disaster and catastrophe insurance might be needed in your life sooner than you might think. It might not be on your radar now, but it might need to be. While we don't want you to sit and think about the possibilities of a natural disaster constantly, having natural disaster insurance allows you to ease that burden. It's our job to think about it, help guide you through it, and be here for you if a disaster ever does strike. We hope it never does, but just in case, we wanted to share some of the ins and outs of it all!
Why should you be considering this kind of coverage now? When disaster strikes, you're left in a dire situation worrying about how to keep a roof over your head and your family safe and fed. Having to call around to make inquiries during this time can be difficult and next to impossible if you're one of many trying to contact the same insurance company during the aftermath of a disaster. Having this extra coverage in place will give you peace of mind at all times, and comfort if disaster does appear. You will know who to call and what will be taken care of right away, and be able to get back to your normal life in no time. Think ahead and give yourself and your family the gift of being completely covered no matter what's to come. We are here for all your questions, policy needs, and more. Never hesitate to reach out and call! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
When you're a business owner, you've reached a level of making your dreams happen, doing a job you love, and creating or providing something you're very proud of. Wouldn't you want to protect all of this after working so hard to get to where you are? Today, we are going to be talking about commercial property insurance!
Hello Charleston, North Charleston, Summerville, and all of our readers in South Carolina and beyond! Welcome back to the Abri Insurance Blog! We hope you're doing well, and are properly covered for every aspect of your personal and professional life. No matter where you are in life and no matter how careful you are, accidents are bound to happen. Mother nature decides when a natural disaster is going to happen, and human error is a way of life. Being from South Carolina, we know the realities of the weather, once hurricane season is here, a hurricane of any magnitude or a tropical storm could happen when you least expect it. We've briefly touched on homeowners insurance in our blog, and we've talked a good deal about hurricane insurance. You spend time and money investing in your home's safety during these times, why wouldn't you do the same for your business, no matter its size? This also includes when you work from home, a proper business insurance policy will cover your business both on and off your personal property. Think about what your company produces or offers. Think about how devastating it would be to lose anything in your office to hurt or stop your business, even for a short amount of time. Think about how damaging it would be if your work from home situation was brought to a halt due to an accident, flood, fire, vandalism, and much more. Not only would your home be damaged, you could potentially be harmed, and your income could also be put in jeopardy. That's where commercial property insurance comes into play. You've worked so hard to have your own business, why wouldn't you want something working just as hard for you?
What Is Commercial Property Insurance?
The basic definition of commercial property insurance is that it covers every physical aspect of your company. It's something that every company needs no matter its size and no matter if you lease, rent, or own the building your company runs out of or if you work from home. It's important to have because so many small businesses and startups simply don't have the cash flow to cover anything if damage or disaster would happen to any of their business assets. According to fundera.com, there are currently 28.8 million small businesses in the United States, employing over 55 million people. When it comes to all businesses in the United States, 99.9% of them are small businesses. With these kinds of numbers, that's a huge part of every community that needs protection from whatever might happen. For many business owners, they know it's not a question of if something will happen, but when. Being prepared for when something will happen is one of the best things you can do for your employees and your company. Generally, many businesses will have a commercial property plan that is bundled with other forms of insurance to make sure it is the most well-rounded plan with the most protection possible.
What Does Commercial Property Insurance Cover?
Before getting in too deep, it's very important to understand that you need to buy the right kind of insurance plan for your company. Buying a cookie-cutter plan that's not specifically tailored to you will be a waste of money and a waste of your time. Make sure that when you sit down with us at Abri Insurance that you share with us exactly what your business is, what you do every day to operate successfully, and what moving parts the company is made up of. This way we can create a plan that covers exactly what you need, so you're only paying for what you need. Also, when disaster strikes, a tailored insurance plan will help you recover from the whole process. It will not leave you with giant gaping holes that you'll have to cover yourself.
As we mentioned before, commercial property insurance is used to cover and protect your company's equipment and property from the risk of accidents and disasters. One of the best things that commercial property insurance helps is to protect your building, what's inside of it, along with fences, doors, outdoor signage, and even exterior fixtures. The plan itself covers all of that and all of your physical assets from vandalism, fire, explosions, burst pipes, water damage, theft, and storms. This is everything your common policy will cover. This means it will help cover the loss and damage of things like your office equipment, computers, inventory, other's property, important documents, and more. However, there are still some things that everyday plans won't cover like earthquakes and floods. This will need to be added on if these elements are common to where you work and live. Also, there are multiple different kinds of commercial insurance, since there are so many different kinds of risks your face when you own a business. Depending on what kind of business you own, you might need a few more additions than your peers or fellow business owners do, and that's okay! Safety first!
Compare a big tech corporation to a big coal corporation. A coal company would not need to protect its documents and information stored on its cloud as a tech company would. On the other hand, a tech company would not need to have the type of intensive coverage for their employees and machinery that is used in a coal mine that a coal company does. However, this is why it is so common to see commercial insurance plans bundling multiple options. What are the different types of commercial insurance that you can find?
Please note that unless you specifically set your plan to do so, your commercial property insurance won't cover your assets when they are off of your property. They will usually not be covered when they are over 100 feet from your office. If you need protection on things like your work equipment, computers, cameras, and anything else you take off your property to work elsewhere, please speak to your insurance agent to make sure you have the coverage you need.
How Much Does Commercial Insurance Cost?
Just like there isn't a one plan fits all situation for every company, there is no one size fits all price either. How much you will be paying will depend on a lot of factors.
There is still so much more to consider when it comes to commercial property insurance, this is just scratching the surface. As you know, there are so many working parts to your business and your industry. This will lead to needing a lot more coverage than you might think. For veteran business owners make sure to stay up to date with your policies and to let them grow alongside your company. For our new business owners, please do your research, and make sure to sit down with us at Abri Insurance to make sure you get the best insurance plan possible for your company! Until next time, please don't hesitate to reach out to us if you have any questions or comments. We are here and excited to talk about your insurance policy! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
While it might not be the best time to be out on the water in this damp and cool weather, it is the perfect time to prepare for when you can be! Today we are going to be talking about the truth behind your boat insurance!
Dreaming of warmer days and spending hours back on your boat? Or have you not stopped spending days on your boat regardless of the weather? Nothing a few layers can't help with, right? Regardless if your boat is currently tucked gently away in storage or hasn't missed a Saturday out, having the proper coverage and insurance is incredibly important. It is so important that we want to dedicate a whole blog about how to have the best boat insurance to enjoy life in the Lowcountry, and to help keep you safe on and off land!
What Do You Need To Know About Boat Insurance?
What Does Boat Insurance Cover?
Basic boat insurance will offer its owner a certain amount of protection, but adding on more coverage can be your best route of action. Let's begin by talking about what your basic boat insurance policies will cover.
What Are Some Common Boat Insurance Myths?
Owning a boat is a huge responsibility but it will provide hours of fun and entertainment, and for all of our fishermen and shrimpers, a boat can help your business be very lucrative. We hope this information clears up any confusion or concern you have about your boating insurance. If you are still confused or have any more questions, please don't hesitate to reach out. We are here to provide the best boat insurance in Charleston! We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
A new year is spread out ahead of us, and anything is possible. We all know this to be very true after 2020. To be safe and to be prepared we wanted to provide our readers with a little insight into worker's compensation insurance!
Having a stable job has been a life raft for so many through 2020 and into this new year. We watched unemployment rise higher than it's been since the depression, the number of individuals applying for unemployment skyrocketed, and the realities of not having the insurance needed for your everyday life as a consequence of these occurrences was felt by many. If 2020 and early 2021 have taught us anything, it's to be prepared for anything and everything. You just don't know what could happen anywhere or anytime. Many individuals were forced to get a temporary job to replace a furloughed position, many in fields they were new or unaccustomed to. This came with an onslaught of all kinds of issues that many didn't expect. In a year where anything could happen, it's always best to be prepared and to and stay ahead of the game! Today, we are going to be discussing worker's compensation insurance, everything you need to know about it, its realities, and a few myths surrounding the topic that need to be debunked and left behind for good.
What You Need To Know & The Realities of Workers Compensation Insurance
There is so much information out there and available to you about worker's compensation. Some of it is buried in legal documentation, some are common knowledge, some your company shares with you, and some of it is talked about around the water cooler. What are the realities you need to know and understand about workers comp before you need it after an accident or mishap? The reality is that any company wants to keep you safe, but even after doing everything by the book and thinking above and beyond, even the safest work environment can't stop a human accident or err. For those who might be new to the working world, worker's compensation covers the cost of medical needs and rehabilitation for workers injured on the job. It is important to remember that worker's compensation varies from state to state. For all of our readers that are local, your worker's compensation is much different from our readers who might be on the west coast. Let's jump into what you need to know!
Kick the Myths
Now that you know a little more information about worker's compensation, it's time to kick some common myths to the curb.
We hope all of this information clears up all of your questions, fears, and concerns about worker's compensation insurance. You should not be afraid while on the job that you won’t be covered and you shouldn’t be afraid to ask for the help you need. Please research every one you wish to work with. If you’re a business owner, research the insurance company you’re looking to work with. If you’re an injured employee, please research any lawyer you want to work with. Please don't hesitate to reach out if you have any questions or concerns. We want you to stay as healthy and as safe as possible and to receive the care and benefits you need if you are ever sick or injured. We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
It's the new year, and it's time to start fresh. To make the most out of your insurance plans this year, here is our insurance checklist for 2021!
Hello readers, and welcome back to the blog! Goodness, it's 2021 already! As much as we were happy to see 2020 go, it's a little wild to think how quickly last year seemed to fly by! From all of us at Abri, we want to wish you a very happy and healthy new year! A new year is so exciting, it means growth, change, and adventure. You might buy a new home, a new car, get married, retire, or finally get the opportunity to take that trip you've been planning for years! We will be here for all of your insurance needs, changes, and upgrades to help support and care for you and your loved ones this year. A new year, in its harsh reality, also means that there is the opportunity to face bad weather, unexpected illness and injury, accidents, and much more. We will also be here to help you with all of your insurance needs to cover and care for all of these situations to keep you and your family as safe and protected as possible!
A new year also means making the most out of each of your insurance plans, and we want to make sure you're getting the most out of what you're paying for every month. To do that, we've created our very own insurance checklist for 2021. We ended 2020 with an end of the year checklist, and now we are kicking off 2021 with a checklist to make this the best year yet!
These are just ten easy steps and ideas to put on your 2021 new year's checklist. They don't even include trips to the gym or cutting carbs! You can even schedule an appointment with us at Abri to make sure all of your insurance policies for your life here in Charleston, South Carolina are all in perfect order. All of us here at Abri want to make sure you have the healthiest and safest new year. So please take this checklist to heart, and please reach out to us right away if you need to change or update your policy in any way. It's better to be prepared now at the beginning of the year before anything happens over the next 12 months ahead of us. We're Abri Insurance and we are here to make sure you have the best coverage for life in the Lowcountry!
We are Abri
We've created this blog to keep our customers and others in the know. When it comes to insurance and keeping people safe, no knowledge should be off limits.