How Umbrella Insurance Protects You From Liability Risks

Though liability insurance can be helpful when it comes to covering costs after an accident, it can still be incredibly limiting. There is only so much that liability insurance can cover when it comes to damages to person or property. What’s worse is that your costs will rise exponentially if legal action is taken against you. Whether it was your fault or not, you will now have to handle lawyer fees to make sure you don’t end up losing in court. Fortunately, there is a better solution out there to help cover your potential costs.

Umbrella Insurance

While liability insurance covers the bare minimum when it comes to costs, umbrella insurance can take care of you in more ways. Umbrella insurance covers your home and vehicles with liability costs and also covers any legal fees that may arise in the event of an accident. This means that you will have the right legal resources available to you if you get sued due to an accident. Whether it happens within your home or from your automobile, legal fees will be taken care of via your umbrella insurance policy. Your policy can also be increased via increments in the 1-2-million-dollar depending on your preference.

Protect Yourself from Unforeseen Accidents

Accidents can happen at any time. This means that you want to get the best coverage for your home and vehicle to protect your assets from damage. You will also want to protect yourself from any legal fees that can happen due to these accidents. Insurance Solutions Inc. services the Cullman, AL area and provides professional insurance solutions at your convenience. Contact us today to schedule your consultation so our friendly staff of insurance experts can help you find the coverage that you need. Don’t wait until you get into an accident, get Umbrella insurance to protect you and your assets today!

Do Boats Without Motors Require Insurance?

Many boat owners have questions about the insurance coverage requirements for their area. In most states, if you have a boat with a motor, you are required to purchase liability insurance. For boat owners who have vessels without a motor, the circumstances are different. Read on to find out what your options are for boat insurance.

Should You Make An Insurance Purchase?

If you have a vessel that doesn’t have a motor but has substantial value, you can purchase a special policy which protects your craft from a variety of scenarios. Keep in mind, however, that most policies do not cover the boat when it is out of the water or in storage. If your vessel is in storage, the insurance of the storage facility would cover any damage that occurs when on the premises. 

Finding Boat Coverage

Finding the right coverage for your boat without a motor can be challenging. Before you make a purchase, make sure you are doing business with a reputable insurance provider who can give you the coverage you need to prevent losses. Companies such as Insurance Solutions Inc. serving the residents in and around the Cullman, AL area can help guide you through the process and offer options that are designed to fit your individual needs. They have the products and service you need to protect your vessel and prevent losses as a result of covered events that take place on the water.

For more information about boat coverage for residents in and around the Cullman, AL area, call or stop by the office of Insurance Solutions Inc. They have the answers you need and can customize your coverage to give you peace of mind. 

 

Does Commercial Insurance Cover My Personal Car?

If one of the benefits that your employer offers is a company car, your employer protects the vehicle through commercial insurance. In this case, you do not need to worry about coverage when you are involved in an accident. However, some companies expect their workers to use personal cars when conducting the company’s business. Moreover, if you’re self-employed, you could end up using your car for both personal and business purposes.

This gray area between personal and business car use often raises multiple questions on car insurance. Does commercial insurance cover your car or do you need to rely on your personal auto insurance plan? If you run your own business, will the personal car policy offer the coverage you need or you will need a commercial policy? The answers to these queries depend on your situation and the insurance company you choose to work within Cullman, AL like Insurance Solutions Inc.

Company business and personal car

Large corporations often have commercial insurance policies that cover employees. If you drive your car while on business errands and you are involved in an accident, you may need to claim with your personal auto policy. However, it’s also possible for your employer’s insurance to pay. Make sure you verify the information with your insurer or employer to prepare adequately for the inevitable.

If the employer has covered you, ensure that you understand how the entire procedure will work in case of an accident. Make sure your employer informs you who you need to call when you get into an accident and always carry the insurance information in your car.

No matter which insurance company you contact after an accident, you must inform the insurance adjuster that you were on duty. Your insurer shouldn’t deny your claim, although they may need to recover the money from your employer’s insurer later. 

For more insights on commercial and personal auto insurance, contact Insurance Solutions Inc. in Cullman, AL.

 

 

Protecting Your Classic Car with the Right Coverage

Your classic car is a joy in your life.  Whether you restored it yourself or you just enjoy showing it off, you need the right insurance to protect it.  Classic cars themselves do not need traditional car insurance if they are not going to be driven on the roads.  If, however, you intend to take your beauty to car shows and club meetings, you will need insurance to cover it while you are on the road.  The team at Insurance Solutions Inc. know how important that special car is to you.  They work with classic car owners in the Cullman, AL area every day to make sure that they are covered when they venture out onto the open road.

In Alabama, the state identifies a classic or vintage car as one that is over 30 years old and has the same or similar appearance to the original car design.  The designation includes trucks, fire trucks, motorcycles, as well as, passenger vehicles.  When the vehicle is registered, plates designating it as a special vehicle as authorized.  This allows the owner to operate the vehicle on the road one day a week.

The team at Insurance Solutions Inc. works with vintage car owners in the Cullman, AL area to secure the best possible insurance for these vehicles.  As they are only driven occasionally, insurance policies that are formulated for the unique needs of classic car owners.  Your agent at Insurance Solutions Inc. knows that you want to show off your vintage car, so they will work to bring you the best coverage options.  They will also discuss the terms of the available policies so that you can make the best decision for your situation.  Get the coverage you need for a beautiful classic car.  Call today!

Commercial Insurance Coverage Lapses That You Must Avoid

At Insurance Solutions Inc., we’ve seen too many businesses accidentally void their commercial insurance when it wasn’t necessary. That’s because they fall into common coverage lapses that are easy to avoid. Here are a few issues that could cause you to lose your insurance.

Failure To Pay Your Premium

One of the simplest and easiest-to-avoid policy lapses is a failure to pay your premium. Too many people fall into this trap unnecessarily. That’s because they forget to or purposefully fail to pay their premium. When the grace period lapses, your policy will be voided. When this happens, any problem that affects your business won’t be covered by your insurance.

Inspection Failure

When buying new insurance, your business will be inspected by your carrier. They will decide if your business is safe to cover or if you should be denied. If you fail their inspection, they will void your insurance and leave you without coverage. As a result, it is critical to take steps to ensure you meet these standards. These standards may include having a safe operational environment and up-to-date appliances and equipment.

Auditing By Your Insurance Company

Excessive or high claims may trigger concerns from your commercial insurance company. As a result, they may end up auditing you. During this period, they may end up temporarily voiding your coverage until the issue has been resolved. Thankfully, it is usually possible to get your policy back. However, it will take a lot of work to ensure things go smoothly.

Avoiding These Issues

If your Cullman, AL business has a policy you are worried about voiding, contact us at Insurance Solutions Inc. We will take steps to fully ensure you and work hard to get your coverage as up to date as possible for your insurance.

Is Insurance Required for My Classic Car?

Owning a classic car is a dream for many people and can also be a great investment.  While most people consider owning a classic car to be a dream and fun thing, they are also important and valuable assets that need to be properly protected and covered by insurance.  There are several factors to consider when determining whether or not insurance is required for your classic car.

Driving Requirements

If you are going to be driving the classic car, you will be required to meet the basic requirements set forth by law.  For those that are in the Cullman, AL area, the minimum state requirements for driving any car is to have liability insurance coverage of at least $25,000 for property damage and bodily injury coverage of at least $25,000 per person and $50,000 per incident.  If you do not have this coverage in place when driving, you could be risking significant financial penalties and loss of driving privileges.

Lender Requirements

Since owning a classic car can be an expensive investment, many people need to take out a loan to finance the purchase of the car.  If you use a car loan to buy the car, you will also be required under the loan agreement to carry collision and comprehensive coverage.  These types of coverage will provide you with coverage in the event your car is damaged in an accident, if it is stolen or vandalized, or if you are in an accident with an uninsured motorist.

For those that are in the Cullman, AL area and have a classic car, speaking with Insurance Solutions Inc. is a good first step to getting the right insurance policy.  Insurance Solutions Inc. Will be able to provide valuable guidance to ensure you fully understand your insurance needs and what the right policy would be for you.

What Your RV Car Insurance Does NOT Cover

In Cullman, AL, a large number of people enjoy camping with an RV. However, they might not understand what their insurance does and does not cover. Fully understanding your benefits can ensure that you get the best proper coverage from companies such as Insurance Solutions Inc.

Personal Items Are Not Covered

If you have a large number of personal items in your RV when camping, they are likely not covered in your insurance policy. That’s because the policy is designed to cover damage to the camper and its mechanics, not your personal items.

In some cases, your personal items may be covered by some types of homeowner’s policy. However, you need to expand your coverage to include these items. Failure to do so will put you in a painful situation. You are likely to lose all your items if a fire or a wreck destroys them.

Vacation Liability Is Extra

When you go on a vacation with your RV, you need to make sure that you specify vacation liability on your policy. It typically covers a wide range of damage types, including bodily injury and property damage that occurs while you are living in an RV during a vacation.

Total Loss Replacement Is Limited

If your RV is over one year old, most policies won’t cover total loss replacement. However, you might receive a payment for part of the damage to your RV or an actual cash value. Beyond these limitations, custom equipment may also not be covered by many RV policies. However, you may be able to expand your policy to meet these limitations.

So if you have an RV and want high-quality insurance, don’t hesitate to contact us at Insurance Solutions Inc. We can help people in Cullman, AL and the surrounding area get the high-quality coverage that they need for their RV.

Alabama Motorcycle Laws: What You Need to Know

Motorcyclists love the area around Cullman, AL for its beautiful, scenic roads. The experts at Insurance Solutions Inc. want all of our neighbors to enjoy safe and legal riding on our shared roads. Before you start out on your 2-wheeled adventure, get familiar with the requirements for motorcycle drivers in the state of Alabama.

  • Drivers over the age of 16 are not required to have a specialized license while operating a motorcycle. A regular driver’s license grants riders the ability to use motorcycles as well. A class M designation is available for those who want to officially verify their skills or plan on driving on out-of-state roads.
  • All motorcycles must be registered with the Alabama DMV. An active motorcycle insurance policy is required to complete registration. The minimum required coverage is $25,000 per person for bodily injury and $25,000 for property damage. Riders may opt to establish self-insurance with a $50,000 cash bond in lieu of a traditional policy.
  • All riders are required to wear helmets. The headgear must have a shatter-proof outer shell that also resists penetration and reduces impact. Shoes must also be worn throughout the entire ride.
  • Street-legal machines must have at least one mirror and handlebars no more than 15 inches above the seat. Modulating headlights are encouraged to increase your visibility to other drivers.
  • Alabama is a no-fault state. When an accident occurs, the party responsible for causing it must pay for all damages. This makes a comprehensive motorcycle insurance policy a necessity.

Insurance Solutions Inc. offers motorcycle coverage for residents in the Cullman, AL area. Contact our specialists now to customize your policy.

What is Typically Covered by Classic Car Insurance?

Classic Car Insurance is specifically made for car collectors to protect their vintage vehicles. This type of coverage may apply from original Ford Model T’s to Mustangs from the 1990’s. If you want to protect your precious collectible car, consider consulting with Insurance Solutions Inc. for a great deal.

Classic car insurance covers the basic like any other car insurance. This may include collision, comprehensive, liability, and medical bills. Food and lodging bills may also be included in the event that your car breaks down on the highway. Just like a regular car, you are obligated to have insurance in Cullman, AL.

Roadside assistance is a feature that is unique to most classic car insurance plans. If you need help transporting your car, a truck will be dispatched to prevent damaging your delicate classic car.

Since classic cars are often on display or at events, coverage may be applied when it is used by someone else. Even if dealerships display your classic car at a show, coverage will still apply. There is also the option of liability coverage when your car is at an exhibit, meaning that it covers lawsuits from accidents from your exhibit area.

Keep in mind, many insurance providers will only want to ensure cars that have limited usage. It is not unusual for yearly travel distances to be capped out at under 10,000 miles in order for coverage to be applied. This means that you are discouraged from using your car as a regular transport or for long-distance trips.

If you want to protect your investment, then classic car insurance is your ideal option. Keep in mind that not all classic insurance plans are created equally, which is why you need to shop around in your area. If you are in Cullman, AL, a good place to start is Insurance Solutions Inc.

Does ATV Insurance Cover Water Damage?

Your ATV is an expensive piece of machinery and keeping it in good shape and safe from damage is just one of your many priorities. That being said, it is important to know just what your ATV insurance policy covers and what it does not so that you can find the right coverage for your particular machine. For those in the Cullman, AL area, the agents with Insurance Solutions Inc. can help you find the policy that works for you.

For the most part, your ATV policy is going to cover a wide range of things. From damage to accidents to personal injury, your policy is going to help keep you and your ATV safe from just about anything you can imagine. That being said, there are some things that your policy is not going to cover. Damages that are intentional are not covered as are damages that are the result of negligence on the part of the operator.

This means you cannot drive your ATV through high water and damage the engine then expect your insurance policy to pay out. It is important that you take the time to see just what your policy covers before you go out so that you can be sure your ATV is fully covered and protected. In most cases, water damage from things like flooding is going to be covered without issue and if your ATV Is driven into a body of water, for example, it would also be covered.

If you ever have any doubts about what your policy covers, you should take the time to truly look at your policy and to speak with an agent to see what your particular policy covers. For those in the Cullman, AL area, the agents with Insurance Solutions Inc. can help.