Auto Insurance Basics: The Six Types of Auto Coverage

If you’re shopping for auto insurance in Cullman, AL, you may already know how it works in general, but do you know the six basic types of vehicle insurance? Knowing the different types of auto insurance policies, what they cover, and how they work is an important step in helping you determine the best policy for your unique situation. Here are the basic types of common auto coverage Insurance Solutions Inc. offers. 

Liability Coverage 

This type is coverage is legally required in most US states in order to drive a vehicle. Liability insurance may cover personal injuries and property damage to others you are determined to be legally responsible for as a result of a covered event. 

Collision Insurance 

This insurance may cover damage, repairs, or replacement in the event your vehicle is damaged or totaled during a covered accident involving another vehicle. 

Comprehensive Insurance 

A comprehensive auto insurance policy may pay for damage your car sustains due to a collision with another vehicle as well as expanded coverage for other damage caused by weather events, vandalism, collisions with animals, and more. 

Uninsured/Underinsured Motorist Insurance 

Many drivers choose to carry the minimum required liability coverage, or fail to carry any insurance at all. Underinsured motorist coverage will protect you in the event that the other party’s insurance policy won’t cover the costs resulting from an accident, and uninsured motorist insurance covers both you and your vehicle in incidents involving uninsured drivers and hit-and-run events.  

Personal Injury Protection Insurance 

This insurance may provide coverage for certain medical expenses and income loss that results from a covered incident. Depending on your policy limits, it could cover up to 80% of your medical and other expenses that stem from a covered accident. 

Medical Payments Insurance 

A medical payments insurance policy can help you pay expensive medical costs resulting from a covered accident, no matter which party is at fault. 

If you don’t have auto insurance coverage currently, it’s crucial to get a policy in place as soon as possible. For more information about the types of insurance described above, and for guidance finding your perfect auto insurance plan, call the Cullman, AL automotive insurance experts at Insurance Solutions Inc. today. 

Is Your Home Safe for the Holidays?

The holidays can be stressful enough without worrying about home safety or the risk of accidents. The following safety tips from Insurance Solutions Inc. can take the stress out of your celebrations by making your Cullman, AL home a safer abode for the holidays.

Christmas Tree

Freshly cut trees are more resistant to fires, making them better choices if you’re going for a live tree. Before putting the tree in your stand, cut a groove at the bottom as this helps the tree absorb water and stay fresher longer. Secure your tree to a hook on the wall or curtain rod with fishing line to keep it from falling over. If you’re getting an artificial tree, make sure it’s fire-resistant.

Christmas Lights

Check all Christmas lights before putting them up to ensure they’re in good condition. Frayed strands or cracked sockets can be a fire hazard. If you’re going out for the evening, turn your lights off. Always turn off lights before retiring for the night. Avoid overloading your tree or house with excessive lights.

Cooking

Keep small children away from the kitchen during meal prep and make sure someone is watching the oven and stove whenever it’s in use. When cooking food on the stove, turn pot handles inward to reduce the risk of accidents. Be careful when serving hot foods as splashes of gravy or hot drinks can easily cause burns. Supervise children around hot foods or drinks to avoid accidents.

Smoke Alarm

Put fresh batteries in your smoke alarms and carbon monoxide detectors and ensure they’re working properly. Keep a workable fire extinguisher in the home and know how to use it.

Don’t forget to review your home insurance policy to ensure you’re protected against holiday accidents. To learn more about home insurance coverage, call or visit Insurance Solutions Inc. in Cullman, AL.

Answers to 3 of the Most Commonly Asked Questions about Boat Insurance

Your boat insurance policy covers you in the event there is damage or loss to your boat. Boat insurance typically covers the majority watercraft that has a motor, but it typically doesn’t cover watercraft without a motor, such as kayaks. For coverage on these types of personal watercrafts, residents of Cullman, AL should talk with Insurance Solutions Inc. to determine if they have limited coverage under another policy, such as their homeowner’s policy. If you are new to boat insurance, you probably have several questions, so here are the answers to the most popular asked questions about boat insurance.

Are Passengers Covered?

Yes, boat insurance will cover you as well as your passengers should there be an accident. The passengers on your boat are covered under the liability portion of your policy. However, it’s important that you verify in advance whether your policy covers water skiers that are being pulled behind your boat.

Is Theft of the Boat Covered?

A comprehensive boat insurance policy will cover the theft of your boat itself; however, the personal possessions you have on the boat may or may not be covered; it depends on your policy. For this reason, it is important that you carefully review your policy’s comprehensive coverage to determine what may not be covered. For instance, if you will be carrying fishing equipment on your boat, you may want to consider purchasing an additional rider policy to cover potential losses.

Is Engine Damage Covered?

The coverage for engine damage varies from company to company and policy to policy. Some policies may have machinery damage exclusion, while other policies may not. In some situations, it depends on the age of the motor itself, so it’s important to discuss this type of coverage with your individual insurance provider.

The exact type and amount of boat insurance needed will depend on a variety of factors, such as the value of your boat, the age of the boat and the size of the motor. To find the best coverage, it is recommended that you discuss your options with your policy provider.

To learn more information about boat insurance, residents of Cullman, AL should contact Insurance Solutions Inc.

Why You Should Review Your Motorcycle Insurance Heading Into Winter

Cullman, AL residents will typically put their motorcycles away during the winter months. While this is a normal tactic, Insurance Solutions Inc. recommends taking the time to receive an annual review. These reviews allow a client to learn more about the ins and outs of their policies, giving them the chance to enjoy a wide range of benefits. 

Examining Additional Coverage Options 

While most Cullman, AL riders already have standard coverage for property damage liability and bodily injury, that does not mean that they are fully protected. The annual review should take place before the winter weather arrives so that the policyholder can examine additional coverage options. Equipment coverage and rental reimbursement are key areas of discussion.

Leasing Information

Even those who are leasing their motorcycles will benefit from taking the time to meet with Insurance Solutions Inc. to learn more about additional coverage. If the client is eligible for any additional coverage, the consultation meeting is the best time to learn. By equipping oneself with this coverage before the weather changes, a client is taking the necessary proactive steps.

Learning More About Valuable Discounts

Riders may not be aware of the discounts that they are entitled to and when they are not aware, they will spend far more over the short term and the long haul. Has the client gone several months (or years) without causing an accident? Have they taken any motorcycle safety courses recently? Can they benefit from bundling these policies with other insurance policies that they have already obtained? These are all questions that insurance agents are able to answer.

By taking the time to meet with experienced insurance agents before the weather starts to turn, a motorcycle rider is able to avoid the usual pitfalls that take place. An annual insurance review is one of the most crucial aspects of motorcycle leasing or ownership. Be sure to schedule a consultation, so that the usual drawbacks can be avoided. 

Do you really need classic car insurance?

Your classic is your pride and joy. You have worked diligently to restore what many in Cullman, AL counted as a lost cause. With so much time, money, and energy put into building your project car into what you’ve always dreamed of, why not purchase classic auto insurance to protect your investment? The agents at Insurance Solutions Inc. can help you find the policy that best suits your overall lifestyle.

What is classic car insurance?

Classic auto assurance should not be confused with antique insurance in Cullman, AL. Antique assurance is a policy that covers cars older than 50 years old. A classic insurance plan, however, lets owners purchase plans if their vehicles are older than 30 years. In some instances, a car qualifies as a classic if it is older than 25 years. The bar of what qualifies as a classic car is established by state governments. 

Why do you need classic car insurance?

Did you know that a standard auto assurance plan does not properly value your classic car? The average auto indemnity policy will pay around $1,500 for a salvaged classic car. Such an amount is disheartening for those who have invested a lot of money into their project cars and happen to become victims of a car accident that causes irreparable damage to the vehicle. 

Classic car insurance does not follow the same model as a traditional indemnity plan. You can almost get the full value of a salvaged classic car under the right specialized assurance plan. 

Call Insurance Solutions Inc. today for a quote!

Our agents are knowledgeable and ready to help with all of your insurance needs. Call us today to get started on a quote for your classic car or truck!

Are Helmets Required When Riding ATV’s?

Riding ATV’s is a fun way to spend a weekend afternoon. It always pays to put safety first. Wearing a helmet is important if you want to protect yourself from potential injury if an accident occurs. The agents of Insurance Solutions Inc. serve the residents of Cullman, AL and are willing to answer any questions their clients may have about helmet use in the state of Alabama.

Off-Road Vehicles

ATV’s are primarily for off-road activities. In some cases, they cannot legally be driven on the roads. They don’t require a license plate like other vehicles. Because they are primarily driven on private land, there are few laws pertaining to helmet use. If you are traveling on state property, however, you may be required to wear a helmet. 

Always Wear a DOT-Approved Helmet

DOT-approved helmets are the only ones that have been tested and proven to meet state standards in terms of preventing injuries. If the helmet meets those standards, it will have a DOT sticker at the center on the back of the helmet.

Don’t Take Unnecessary Risks

It’s also important to operate your ATV in a safe manner. This means minimum speeds and driving carefully over rough and rugged terrain. If it looks unsafe, remember that it probably is.

In Cullman, AL, residents who own and operate ATVs on a regular basis should always take every precaution to stay as safe as possible. This means always wearing a DOT-approved helmet whenever an ATV is in motion. The agents of Insurance Solutions Inc. will help you find the best type of helmet that meets your needs and offers the most protection.

 

What you should know about ATV Insurance

Having an ATV can be a great experience as they can provide you with some thrilling experiences and plenty of memories. When you own an ATV, it is also important that you remember that it is a valuable asset that needs to be properly protected about ATV insurance. There is a lot that you need to know about ATV insurance to ensure you get the right policy for your situation. 

Covers the ATV

The first thing that people in the Cullman AL area need to know about ATV insurance is that it can provide you with coverage for the ATV. If you buy an ATV, you are likely going to be making a big purchase. When you take out an insurance policy, you will be getting coverage to protect this asset. This could provide you with coverage in the event of theft, damage in an accident, or a variety of other situations that could cause a loss.

Liability Protection

Owners of an ATV will also want insurance to make sure they are covered for liability. When you get liability insurance, you will have protection if you are found to be at fault during any type of accident. This could prove to be very valuable in some situations if you happen to cause property damage or injuries to another party.

There are clearly many benefits that come with getting ATV insurance. When you are ready to start shopping for your next ATV insurance policy, you should speak with the team at Insurance Solutions Inc. The insurance professionals at Insurance Solutions Inc. can help a Cullman, AL resident get into an ATV insurance policy that provides the right level and type of protection. This can provide peace of mind and valuable coverage for the asset. 

What is umbrella insurance and how can it help you?

Business owners in the greater Cullman, AL area are finding out how helpful umbrella insurance can be for their companies. The team at Insurance Solutions Inc. is pleased to be able to offer this option to their clients as we find that it can make a huge difference in the long-term health of our clients’ business interests. Umbrella insurance provides important coverage when a primary policy reaches its coverage limits. This protection can be vital to the continuation of your business after a covered event.

How umbrella insurance can help protect your company?

Primary commercial policies carry limits to the amount of coverage that they provide and once those maximums are reached any future loss may become your financial responsibility. If you would like to avoid a situation where you are liable for a covered event because of policy maximums, then it’s time to find out more about umbrella insurance and how it can help protect your company.

An umbrella policy is especially helpful in protecting you from litigation and monetary liability that can arise from such lawsuits. If you have a sizable company and a high amount of assets, the last thing that you want is something like a suit brought forward by a disgruntled employee to wipe out all of your hard work. Understanding your current policy limits is the first step in determining if umbrella insurance makes sense for you. As your company grows your insurance needs will change, and it is important to make sure that your policy limits grow too.

Want to find out if an umbrella policy can help your Cullman, AL area company protect its future no matter what may happen? Contact the team at Insurance Solutions Inc. today and find out more!

Importance of Home Liability Protection

Liability coverage is an important part of your home insurance policy. Liability insurance protects you against accidents that may occur while people are visiting your home. If a visitor trips over your pet and sprains his ankle, you could be held responsible. Liability coverage protects you against being sued by covering your visitor’s x-rays and other medical costs. Here are a few ways personal liability insurance from Insurance Solutions Inc. in Cullman, AL can protect your assets.

Covers Medical Costs and Lost Wages

If you’re constantly inviting friends over for dinner or hosting holiday parties, liability coverage is a must to protect yourself against accidental injuries that may occur on your property. Accidents happen all the time, leaving you at risk of being sued for damages. Liability insurance helps cover medical expenses, property damage and lost wages of people who have accidents on your property (if the accident leaves your visitor temporarily incapable of working) to protect your assets. 

Protects You against Lawsuits

Liability insurance also covers legal expenses if a visitor decides to sue you for damages after having an accident on your property. If you’re found liable for the accident due to negligence, your liability coverage will help cover settlement costs, up to the limits of your policy. A serious accident could deplete your savings if you had to pay for damages out-of-pocket. Smart homeowners will be prepared with adequate insurance coverage.

Provides “Away from Home” Protection

Liability insurance can even protect you when you’re traveling by paying for damage you cause to other people’s property. If, for example, your children accidentally damage the flat-screen TV in the hotel you’re staying in while on vacation, liability coverage can help cover repair or replacement costs. 

To learn more about personal liability coverage and the protection it has to offer, contact Insurance Solutions Inc. in Cullman, AL.

Myths about insurance for your business

When you’re running your own business, it can be complicated to navigate the insurance landscape. There’s a lot of misconception and misleading information out there. 

Here are 3 of the top business insurance myths, debunked. 

Myth #1: My home insurance will protect my home-based business

This one is one of the most popular myths that small business owners believe. After all, your small business is based out of your home – why wouldn’t your home insurance also cover your business? 

Most home insurance policies don’t cover home-based damages that may occur in your home office. Check with your local insurance agent about the best type of liability or business insurance policy you need to protect you, your home, and your business.

Some examples of items not covered by home insurance but could be covered by a business insurance policy include laptops or other physical operating equipment that may be broken; slander; or an injury that occurs on-premises. 

Myth #2: General liability insurance covers all my risks

Speaking of liability insurance – many business owners, both small and big, believe that a general liability insurance policy will cover all of the risks that they may face. 

While general liability insurance may provide comprehensive coverage, it won’t cover every claim that may arise – or against certain types of injury.

Many business owners will find that they need an additional policy to cover all of their operating functions. Talk with a local insurance agent to see what type of policy is the best fit for your business. 

Myth #3: I don’t need business car insurance since I drive my personal car

Many small business owners believe that their personal auto insurance will cover their business operations. However, many personal auto insurance policies will not cover incidents for which the automobile was used for business operations. 

Talk with your insurance agent to see if you are covered. After all, you don’t want to be denied a claim if you were using your car for business delivery and you were involved in an accident that totals the vehicle. 

When you’re ready to speak with your trusted choice in insurance, call or visit Insurance Solutions Inc. in Cullman, AL today!