Umbrella insurance protection in Marietta, GA

Accidents and money do not always walk together. During a catastrophic event, you may find yourself helplessly looking for a loan to settle medical bills when your home or auto insurance couldn’t clear all the bills. Purchasing umbrella insurance could be one of the wisest and most defensive ways of saving your financial situation. 

Umbrella insurance is one of those overlooked policies in Marietta GA which is mostly associated with the wealthy. While business and property owners may have all the reasons to add coverage to their businesses and assets, every person needs additional coverage for emergency reasons. At LG Insurance Group, we provide guidance and options available to you based on your budget.

Also, note that umbrella insurance can be used in any condition where the standard policy has reached its limits but has not cleared the expenses. Such events include:

  1. Car accidents where the injured party’s medical bills are too high and your auto insurance is inadequate to cover all the bills.
  2. Accidents and injuries in your home on a guest and your home insurance policy couldn’t provide enough coverage
  3. Accidents involving your boat or any other recreational vehicle and your boat or auto insurance isn’t capable of providing the required coverage.
  4. Slander or libel where a person sues you for something you did, wrote or said.
  5.  A guest who is wounded while visiting your tenant in your property and sues you for the injuries.
  6. When your workers in your business get sick over a toxic substance, and your commercial liability coverage is not sufficient to cover for all of them.

From the above circumstances, it’s quite straightforward that everyone needs a topping on their insurance coverages. To get more information on umbrella insurance, LG Insurance Group encourages you to speak to some of our insurance experts to help you with your options.

Tips for Avoiding Water Loss in your Home

Did you know that water damage is the second most frequently filed loss experienced by homeowners and renters each year? (according to the Insurance Information Institute)  The infographic below, provided by Safeco, can help you understand the risks, offer prevention tips and share the resources you may need if a water loss occurs. 

Tips for Keeping Your Car in Peak Condition

Car repairs may cost you an arm and a leg if allowed to escalate.  As such, it is vital to be on the lookout for any faults that may break down your ride.  Here are a few tips to keep your car in peak condition;

Follow the servicing schedule
Servicing your car involves more than an oil change and filter replacements. A comprehensive vehicle service involves inspecting the vehicle thoroughly for signs of wear and tear and replacing the broken parts. Have an expert perform the servicing as they have the right tools and equipment. 

Keep your car clean
Keeping your car clean is not only about keeping it aesthetically appealing, but also keeping it in optimal working condition. A dirty car damages your paint and could even lead to engine failures. Regularly wash and wax your car’s exterior to preserve its value and extend its lifespan. Dirty windows significantly increase the chances of an accident as they reduce visibility. Keeping a car’s interior clean and litter free rids it of harmful bacteria. 
Have it insured
There are wear and tear costs that could be covered under your insurance policy, hence the need to have one. For instance, windscreen cracks and chips are mostly covered, although you might be asked to bear some of the cost. Leaving small chips unattended ultimately leads to large cracks. Such can result in an MOT failure especially if the crack is on the A-zone. Besides, having an insurance policy ensures that you are covered should your car be damaged in an accident. 

Looking to have your vehicle insured in Marietta, GA? Contact the LG Insurance Group for a free estimate. We work with experienced agents who will guide on the ideal coverage options for your vehicle. 

What to Do When You Lose Employer Health Insurance

Health insurance is a tough thing to shop for these days. When you have insurance through an employer, you basically only have the option of getting what they provide to you. This makes it easy and it is something that you do not have to worry about. However, what happens when you lose your health insurance through an employer? This usually happens when you are no longer employed. In Marietta, GA, serviced by LG Insurance Group, you know you need to have health insurance but where do you start?

Health insurance is a necessity and you need to have it at all times. That means you have to act fast to get covered if you lose health insurance from your provider. The best thing you can do in this situation is to actually start looking at private health insurance options. If you go on the open market, you are very limited and are unlikely to find exactly what you need. With personal health insurance options, you have a lot more wiggle room and can get exactly what you need at a lower cost. You can start your search as soon as you know what you can afford and what you need in terms of health insurance. 

If you have recently lost your employer health insurance coverage, your first call should be to LG Insurance Group, serving Marietta, GA. We can help you find the perfect plan for you and can even help you shop around with a lot of different private companies. We will also make sure that the plan fits in your budget and that you can afford to use the health insurance that you are purchasing. If you do not know what you need, we can help you figure all of that out as well. 

Can You Bundle Life Insurnace?

Life insurance is something that most people do not really think about all that much. That being said, life insurance is something that is completely necessary and that can help your family work through a tough time after your death. Life insurance, like most other types of insurance, is far less expensive when paired, or bundled with other insurance policies. The real question is, can you bundle life insurance policies? For those that live in the Marietta, GA area, the agents with LG Insurance Group can help.

Life insurance is something that is very particular for each person and each policy that is taken out. Though each life insurance policy is particular to each person, you can bundle these policies together if they are being paid for by one person, if they are taken out from one company, and in some cases, with other types of policies like home and auto. It all depends on the individual policy and the company that you are taking the policy out with.

When it comes to bundling a life insurance policy, the most common thing to do is to bundle different policies for each family member and to pay the premium for all the policies at the same time. It is less common, but not unheard of, to pay for your life insurance policy with your other types of insurance. These bundled policies are not bundled in the typical sense that they are going to save you money by having more than one policy, but you may depending on the company that you are getting your insurance through. You can speak with an agent to find out if there is any sort of incentive to have more than one policy.

For those in the Marietta, GA area, the agents with LG Insurance Group can help you find the perfect policy.  

3 Reasons To Choose a Low-Deductible Home Insurance Policy

Your insurance deductible is the maximum amount you have to pay out-of-pocket before your policy takes over. Many homeowners believe high-deductible insurance plans are a better strategy. High-deductible policies do require a lower monthly premium, but they aren’t always the best choice. If your home is in the Marietta, GA area, LG Insurance Group suggests that you consider a low-deductible home insurance plan for these 3 reasons.

  • Protect your savings. If an accident, fire, theft, or natural disaster ruin your home, you’ll have to pay the deductible costs before your insurance issues a check. High-deductible plans mean you’ll be stuck with exorbitant out-of-pocket expenses that could drain your savings before an adjustor will even consider your claim. A lower deductible plan means you won’t have to part with all of your cash in case of an emergency.
  • You do realize small monthly savings by choosing a high-deductible plan. However, the amount you save each month is minimal. If you aren’t investing that money in a high-return account, it would probably be better to pay the higher premium. That way, you can be sure you’re prepared for adverse events.
  • Higher deductible home insurance coverage may be light on protection. Since insurance companies don’t make as much on these policies, they don’t offer the same level of protection that other subscribers may enjoy. If you want more than basic home insurance coverage, talk to your insurance agent about the difference between high and low-deductible policies.

LG Insurance Group provides home insurance packages for residents in the Marietta, GA area. Contact us to discuss your home insurance deductible needs.

Does a small fishing boat need insurance?

If you just bought a small fishing boat to take around the lakes and rivers surrounding Marietta, GA, you’re probably wondering if you need to call LG Insurance Group and get a policy on your new ride.

The short answer is: You might not. It depends on how small of a boat we’re talking here, of course. Essentially the question you need to consider is whether or not it could do any damage in an accident, and what you stand to lose if something happens to it. If you’re just rowing a little two hundred dollar inflatable raft, then there’s not much reason to worry about getting it insured. You’re not hitting any speeds that will hurt other boats in an accident or damage a pier or anything.

You may want to think about liability coverage if you’re taking other people out in your boat, but standard boat insurance is there to cover a boat in the same way auto insurance covers your car. If you can afford to repair or fix your boat out of pocket and it doesn’t have a motor in it, then there’s not much that can go wrong that will demand insurance.

But, you need to be honest with yourself here. If you spent a pretty penny on your boat, if it’s motorized, then you need to do yourself a favor and call LG Insurance Group and get covered. No matter how safe you are at piloting your boat, you never know what can happen on your next voyage, so be prepared for whatever may come your way as you explore the waters of Marietta, GA.

Why Valuable Items Need Special Insurance Coverage

Artwork, premium jewelry, antiques, and other items of high value need to have special insurance coverage. General homeowner’s insurance usually has modest limits for such items. Very valuable items need to have special insurance coverage. The best ways to have them covered properly is to get a current appraisal of their value and then consult with your insurance agent LG Insurance Group in Marietta, GA for an insurance update that creates specific coverage for these high-value items.

Each year thereafter, add a note to your calendar to conduct an annual insurance review to update the values of the coverage because in most cases, these valuable items have a tendency to increase in value.

Besides having a current appraisal from a recognized authority, it is a good idea to have video footage and photos of the items. Keeping the items secured properly is very important. Marking the items in a permanent way is also helpful in case the items are stolen as this will help in their identification for recovery.

The risk of theft for these valuable items is very high. The FBI reports that billions of dollars of artwork are stolen each year and only about 25% of it is ever recovered. The FBI maintains a National Stolen Art File (NSAF) for those wanting to learn more about what artwork has been stolen. This is a good resource to check if buying artwork that seems to have a questionable ownership history. If some art that you own is stolen, you can report the theft to the FBI to include the information in the national database. This may help in the recovery of stolen items as well.

Contact your agent at LG Insurance Group in Marietta, GA for an insurance review to make sure there is adequate coverage for high-value personal items.

Why You Should Have Boat Insurance

Many states don’t require that you have boating insurance, unlike auto insurance, but it’s a good idea to have it. Boats are not cheap, and if you get in a boating accident not only will you be responsible for any injuries, but also you likely won’t have money to fix your boat or replace it.

Even though you don’t have to have boat insurance in Marietta, GA many marinas may require insurance. If you enter your boat into any sort of event, you will probably have to show proof of insurance as well. Also, if you have a loan on your boat, then your bank may also require you have insurance. In addition to being required to carry boat insurance, there are other reasons you want to have boat insurance.

Lawsuits can happen and, if you are involved in one, your boat insurance policy will cover you so you can afford a lawyer. A policy can also help cover any damages that you have to pay.

Even if you are not involved in a boating accident, your boat can be damaged in a number of different ways and you want to protect your investment. A storm, a fire or an act of vandalism could damage your boat. Even if your boat is damaged outside of the water, your boat insurance will still cover it and it’s likely your boat will spend a lot of time in storage, where anything small could cause damage.

Insurance not only protects you but your passengers as well. Many policies will cover liability and medical payments for those onboard. Check with your agent at LG Insurance Group.

Many boaters choose to take boating education in Marietta, GA in order to reduce their insurance rates. Your homeowner’s insurance policy won’t cover your boat. Contact an agent at LG Insurance Group to find a boat insurance policy.

Do You Know the First Thing You Should do After a Flood?

No one expects their home to flood so few have an actual plan for the immediate steps to take after a flood, and even fewer have an additional flood insurance policy to protect them from rising water. However, federally backed flood insurance is available for even those who live in the area but are not in a high risk flood plain.

The first step after flooding, no matter the size or cause, is to establish that your family and pets are all safe. Immediate dangers from flooding are more than drowning; there may be electrical currents running through the water and biological contaminants are also a danger to health.

After personal safety has been established remediation needs to be addressed immediately. It does not matter if the flood is caused by a leaking pipe with a few inches of water in the basement, or a catastrophic flood from the weather.  As soon as the water is noticed you should contact your insurance company and a flood remediation contractor. Time is money after water gets where it should not. The longer it stands, the more it travels into any wood and available passages which leads to higher chances of mold growth in the long run, which can diminish your family’s health and decrease home value. Remember that it is vital to hire a professional because even a small amount of water left in the wall or a damp carpet can mean mold growth and structural damage.

Contact us at LG Insurance Group, if you are in or around Marietta, GA for more information about what you need to cover your home  in case of a flood or water damage.  LG Insurance Group can provide you with quality flood insurance in Marietta and the surrounding areas.