Is Umbrella Insurance For My Personal or Commercial Life?

Residents of Marietta, GA You Don’t Have To Split Yourselves In Two

The professionals at LG Insurance Group like to put an end to the mystery that surrounds umbrella insurance. People don’t know when to carry an umbrella despite the predictions for rain. Similarly, folks don’t know when to carry umbrella insurance. That’s why we are here.   

The fact is that many people ascribe umbrella insurance to commercial business enterprise only. That is a mistake. Umbrella insurance is for both your professional and your personal life. The main reason it’s linked to the commercial enterprise is because of the amounts of money that are involved. Umbrella insurance is generally attached to a standard insurance policy. The umbrella is opened when you’re standard insurance payout is not adequate to cover a claim that has been lodged wherein you are responsible. Umbrella insurance will cover the amounts that are over your standard insurance limit.

Due to the huge amounts of money that can be involved people feel that either you have to be rich to need umbrella insurance or you have to be a profitable business owner.

Umbrella insurance can help in any situation where your standard insurance payout amounts are inadequate. This necessity varies and should be discussed with a professional agent. 

Why Wait Any Longer Than You Have To

We gratefully serve the entire state of Georgia. Located in scenic Marietta, GA, LG Insurance Group’s address is 4455 Lower Roswell Rd., #682101. The zip is 30068. If you’re in the Marietta area please stop in today to learn more about how umbrella insurance can protect many facets of business life and personal life. The telephone number is 678-671-8480. Call today to ask about any of our insurance products. We also write auto, home, and life insurance policies. 

5 Tips for Evaluating a New Home

Are you looking for your dream home in the Marietta, GA area? Use these tips from LG Insurance Group to ensure you make the right buying decision.

  • Take a look at the neighborhood. Are there good schools, restaurants, grocery stores, and other resources in the area? Even if the house itself is perfect, living in a neighborhood that doesn’t support your lifestyle is a recipe for long-term frustration.
  • Note the condition of the houses around your potential property. Are they well-kept? Are there yards full of debris? The condition of your neighbors’ homes impacts the value of your own. Choose an area that won’t make it difficult to sell in the future.
  • Have an expert check out the house before you buy. Hidden damage in the sewer systems, roof, or plumbing could end up costing more to repair than it’s worth. Unless you’re absolutely sure you know how to spot potential problems, bring along a trusted guide to evaluate the home’s structural integrity.
  • Think about your daily commute. Is the neighborhood you’re looking at worth the extra drive time? Even if the price is significantly cheaper than other areas of town, you could find yourself spending more on gas and vehicle maintenance, which can quickly cancel out any savings.
  • What are your future plans? If you’re thinking about expanding your family or taking up a new hobby that requires a lot of space, make sure your new home is in an area that won’t prohibit these activities. Talk to the representatives with your homeowner’s association before buying to ensure your future plans won’t be derailed by their regulations.

Finding the right home can be a chore. However, getting insurance for your new home is simple. Contact the experts at LG Insurance Group for more information on protecting your new home in the Marietta, GA area.

How to Keep Your Vehicle Clean for the Summer

Keeping your vehicle clean throughout the summer can be difficult to do. In Marietta, GA, the independent insurance agents at the LG Insurance Group are available to help you with your auto insurance policy. They can also find ways to help you keep your vehicle clean throughout the summer months.

Stop the Sunlight

The sun can be just as damaging as rain to a vehicle. If your vehicle sits outside most of the day, you should consider moving it under a shady area while you’re at work. If you can, think about buying a car cover. If you’re going to leave your car for an extended period outside without shelter, a car cover would protect against fading.

Battery Maintenance

Most people might think that car batteries are more troublesome in the winter, but during the summer there are some issues that could cause your battery to fail. Temperatures can soar over 90 degrees and heat can quickly lead to battery fluid evaporation. If you see corrosion coming from the battery you can use baking soda and water to remove the corrosion.

Tire Pressure in the Summer

Check your tire pressure at least once a month during the summer. When the weather is hot, your tires can blow out if they are under inflated. Use the tire pressure label located on the inside of your car door panel to know how much air you should put in your tires. You can also check your vehicle owner’s manual for the correct amount.

Take a ride over to LG Insurance Group in Marietta, GA to talk about getting coverage for your vehicle. You’ll also be glad to know that their independent agents will also be able to assist you with homeowners, life, and commercial insurance when you’re ready.

 

Move Over NFIP, Private Flood Insurance is now a Viable Option for Homeowners

Since 1968, the Federal Emergency Management Agency (FEMA) has provided National Flood Insurance coverage through the National Federal Insurance Program (NFIP). The NFIP program has offered insurance protection for homeowners against potential flooding damage for over 50 years.

However, effective July 1, 2019, several long-standing federal flood insurance statutes will be revised. At that time, a five federal agency joint rule will now require federally-regulated lenders to accept private flood insurance; if the flood policy meets the criteria set forth by the Biggert-Waters Flood Insurance Reform Act of 2012. 

Homeowners in and around the Marietta, GA area who are interested in learning how this new federal statute might benefit their insurance coverage are encouraged to call the LG Insurance Group. Let their experts explain how this new rule may impact your personal insurance scenario.

The regulatory agencies involved in the joint rule include the Federal Deposit Insurance Corporation, the Federal Reserve, the Currency Comptroller, the Farm Credit Administration, and the Federal Credit Union Office of Administration.

Their joint ruling includes the following matters:

  • Requires lenders to accept flood insurance from a private insurer if the policy meets the guidelines set forth by the Biggert-Waters Act. 
  • Clarifies the circumstances under which a lender can accept private flood insurance policies that fail to meet the Biggert-Waters Act’s benchmarks.
  • Permits lending institutions to utilize flood coverages offered through agency-approved mutual-aid societies.
  • Prohibits regulated lenders from funding mortgages on homes (located in special flood zones) unless the property closes with sufficient flood insurance coverage.

Flood insurance options are now becoming available for the first time! Now is the time to let the professionals at LG Insurance Group clarify the flood insurance options for homes located in and around the Marietta, GA metro area.  

How the Class of Your RV Affects Insurance Rates

You love your motorhome and you know that for your protection you must insure it. Perhaps your RV is not powered by an engine at all, but instead, it’s a towable vehicle such as a such as a fifth wheeler trailer, travel trailer or pop-up camper. Either way, your insurance rate is determined, in part, by the kind of RV you have. At LG Insurance Group, which serves Marietta, GA, we can guide you in selecting RV insurance.

Class A motorhomes are generally the most expensive and largest you can buy. They are typically from 20 feet to about 45 feet long. Class B vehicles are the smallest, ranging from about 17 feet to about 21 feet long. Class C’s are a cross between the other two and can range from about 20 feet up to about 33 feet. Generally speaking, the longer an RV is the more it costs to insure it.

Insurance for Class A vehicles is usually more expensive than ones for Class B and C.  Besides size, Class A vehicles have powerful engines. The contents of your RV also affect policy costs. If you are like many owners a Class A vehicle, you might have equipped it with high-end electronics, appliances or furniture. This is also true for a Class C vehicle that could be similarly outfitted. 

While the insurance for a towable RV usually costs less than for a motorhome, note that the insurance you pay for the car, pickup truck or SUV capable of towing your RV might offset savings. Contact the LG Insurance Group, which serves Marietta, GA, for your RV insurance needs so you can have peace of mind when you travel. 

What happens if I don’t have motorcycle insurance?

Spending a nice afternoon riding around the Marietta, GA area on your very own motorcycle is a dream that many people share. While a motorcycle can provide you with a great experience, it also requires you to carry insurance. If you do not get insurance on your motorcycle, a number of different things could happen.

No Coverage 

One of the worst things that could happen if you do not have a motorcycle insurance coverage is that you will not receive any financial support or assistance if you suffer a loss. When you have a full motorcycle insurance policy in place, you can receive support for a wide variety of losses including vandalism, theft, or damage from an accident. If you do not have this type of coverage in place, you could end up having to make any replacement or repair expenses out of pocket.

Legal Violation

When you drive a motorcycle in the state of Georgia, you are required by law to carry liability insurance coverage in place at all times. If you are caught riding a motorcycle without this type of coverage in place, you will be in violation of the law and could face serious penalties. Some of the most common penalties for not caring motorcycle insurance can include loss of riding privileges, significant financial penalties, and even imprisonment if you are a repeat offender. Because of this, you need to make sure that you carry insurance at all times.

If you have a motorcycle in the Marietta, GA area, you should reach out to the LG Insurance Group. When you speak with the team at the LG Insurance Group, you can learn far more about your motorcycle insurance obligations. The team can also help you to get into a great policy that provides the right level of coverage. 

Top 3 Things to Look for In Your New Boat Insurance Policy

Owning a boat is one of life’s greatest pleasures, and if you are looking to get out on the water here in the Marietta, GA area, the LG Insurance Group can help you find the boat insurance you need. There are a lot of different types and levels of boat insurance that are available to you, and finding the right policy to suit your situation can be an overwhelming experience!

Top 3 Coverages to Look for In Your New Boat Insurance Policy

  1. Protection for your boat for damage and to other property that may be damaged by your boat
  2. Theft and vandalism protection
  3. Coverage in the event that your vessel is involved in an accident that causes injury to your passengers or those on another boat

As the owner of a boat that is involved in an accident, you could be held liable for damage to other people’s property, or for the medical expenses that are incurred because of an accident in which you were involved. Don’t leave anything to chance, make sure that you have the protection that you need! 

Additional protection that you may want to consider is coverage for breakdowns, towing, or damage to your boat trailer. If you are housing your boat in a marina you can review policies that include damage during storage.

Responsible boat ownership will allow you to enjoy your watercraft without having to worry about the financial impact that can arise from an accident or another mishap out on the water.

The team at LG Insurance Group is here to help you find the right boat insurance for your unique needs. If you are in Marietta, GA or the surrounding area, call or stop by to learn more about how our professional agents can help you!

What Is Personal Articles Insurance and When Do You Need It?

Marietta, GA, is a good place to live. You’re near the city, but you can still find a pleasant, quiet neighborhood. A lot of good folk live in the area, but sometimes things still don’t go your way. You probably have some valuables that you truly cherish, and it’s important to protect them. LG Insurance Group is here today to teach you about an insurance policy that may have gone under your radar.

Protection for Your Stuff

Car and home insurance are obvious. They cover your car and home. What’s less obvious is when home insurance covers things inside the house. As a general rule, that coverage is extremely limited for high-ticket items. Your TV, jewelry and collections often need their own, dedicated policy. That’s where personal articles insurance (also called personal property insurance) comes into play. It’s a specialized policy that covers things you value in your home.

How Does it Work

As is always the case, each policy will have its own specifics. In general, you can aim to cover these items from theft and some kinds of damage. Typically the coverage is for a replacement cost of the item under the policy, and it often applies when the item leaves the house. So, if you get personal article insurance on your professional camera and it goes missing on a trip, the coverage is still in play (depending on the policy). That makes this a separate insurance from the coverage you have on your home. It’s also more inclusive.

Deciding which articles should be covered and how is a bit of a process. Involving an agent from LG Insurance Group can simplify that process and get you covered in short order. Give them a call today, and your most prized possessions can be protected while you’re in Marietta, GA, and when you leave.

 

Can Upgrading Your Home Reduce Insurance Costs?

Home improvements that enhance the security and protection of your property could make you eligible for a discount on your home insurance coverage. Before upgrading your home, talk to an LG Insurance Group agent to see what type of improvements qualify for reduced insurance costs. If you’re looking for ways to lower your home insurance premium, consider the following upgrades to your home and surrounding property.

New Roof

If you own an older home in Marietta GA, your roof may have tiles that are cracked, worn or missing altogether. A severe rainstorm could cause further roof damage, resulting in water leaking into your home. By replacing your roof, you can protect the interior and structure of your home, making it less susceptible to water damage. A new roof could qualify you for a reduction in your insurance.

New Heating and Electrical Systems

Old wiring and heating systems increase your risk of having an accidental fire in your home. A fire can completely destroy a home and everything in it within a short amount of time. Installing new heating and electrical systems will reduce the risk of fire, making your home a safer environment in which to live. At the same time, these improvements could make you eligible for a lower rate on your home insurance. 

Security System

In many neighborhoods around the country, home theft and invasion are on the rise. A home security system with window and door sensors, security camera and alarm will help to protect your home and secure your personal property. Many insurers offer discounts to homeowners who improve the security of their property.

By making your home a safer, more secure place to live, you could pay less for your home insurance coverage. For a quality home insurance policy at reasonable costs, contact us at LG Insurance Group, Marietta, GA.