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.



Avoiding Workers Compensation Coverage is a Fatal Mistake

For small businesses in Cullman, AL and elsewhere, getting started may seem like the majority of work, time and energy. However, what is really the highest risk and area where a small business can be wiped out is the sudden financial hit. And the most common way that can occur is not a failed contract or lost sales, it’s with a lawsuit for an injured employee, according to the experts at Insurance Solutions Inc.

Businesses are already required by law in Cullman, AL and elsewhere to provide workers compensation coverage for their employees. This is to ensure that a worker who gets injured in the course of doing his or her duties can be immediately addressed and medically helped without worrying about the cost of the related healthcare. However, many small businesses start off with only a few staff, oftentimes part-time employees, and assume that the cost of a workers compensation plan is a waste of money. While it is an expense, it really should be seen as a critical safety net. All it takes is one mistake and a physical injury, and the small business is then walloped with a million-dollar lawsuit. Remember, there is no real cap on the cost an injury lawsuit in many jurisdictions. So, an injury that may only cost $100,000 in medical bills may cost another $900,000 in pain and suffering without limitations except from the court. Most small businesses would break under such a sudden cost, and the demand for payment after judgment is immediate. There is no payment plan approach to rely on for a break.

The staff at Insurance Solutions Inc. are ready to help. Their expertise is particularly applicable for small businesses and matching policies available to the size, scope, industry and budget of a client. Give them a call today for more help. Don’t wait for an accident to happen; it’s too late then.


Does Classic Car Insurance Allow You To Drive on the Road?

Classic cars are great and for the most part your insurance policy is meant to protect your car and you as well as the other driver should you get into an accident. For those that have a typical auto policy, this is going to be fairly straight forward. For those that have a classic car, you may have a bit more to consider in order to make sure that your car is fully covered. For those that live in the Cullman, AL area, the agents with Insurance Solutions Inc. can help you to find the policy that is going to best protect your car no matter what.

Classic car insurance is something that is not required if you do not intend to drive it on the road. If you are going to drive your car on the road, however, you are going to need to have some sort of policy to keep you legal and to make it possible to drive on the road. Classic car insurance does allow you to drive on the road but depending on the individual tax laws in your state, you may have a restriction on when you can drive on the road in your classic car. For the most part, you cannot drive your classic car every day on the road because you do not pay taxes on a classic car.

This means that for the most part you are going to be limited to one day or less that you can spend on the road. In many areas, classic cars are only allowed to be driven on the road on Sundays to prevent those that do have classic cars from benefiting from road taxes that they do not pay. For those that live in the Cullman, AL area, the agents with Insurance Solutions Inc. can help.  

Does Motorcycle Insurance Cover Medical and Legal Costs?

Motorcycle insurance is a great thing to have for anyone that has a motorcycle and wants to be safe while driving. That being said, there are tons of things that motorcycle insurance covers that you may not be completely aware of. For those that do have a motorcycle and want to be safe when they are driving, a motorcycle policy is going to be the best thing you can do to protect yourself. For those in the Cullman, AL area, the agents with Insurance Solutions Inc. can help you find the perfect policy for your needs.

So, motorcycle insurance covers a wide range of things and one of them is the medical costs that you are going to incur when recovering from an accident. This means that you are going to be able to get some help with your medical costs if you have a policy in place. This does not mean that it will pay all your bills, but rather the amount that you have listed in liability on your policy. In most cases, this means about $10,000 in coverage for those that do end up needing to use the policy.

A motorcycle policy is also going to help cover things like the medical bills of other drivers that are in an accident with you. If you need more coverage or more money to help cover your medical bills, you can always go after the other driver and their car policy to help cover the costs that are left over after your policy pays out. For those that live in the Cullman, AL area, the agents with Insurance Solutions Inc. can help you to find the policy that is going to work best for you and for your individual needs and bike.  

Tips for Winter Storage of Your Classic Car

First and foremost, choose a dry, dark location for storage. Concrete floors work best for keeping away moisture, so a locked garage will serve well for both winterizing and keeping your car safe from burglars.

Second, wash and wax the car before storing it for the winter because removing plastic covers or tarp can lead to unnecessary scratches on the paint.  A clean car will help avoid these complications.

Fill the tank with fuel so as to keep away air which could lead to fuel contamination and moisture.  Run the motor a few times before storage to get the gas flowing to the carburetor and fuel injectors.

Change the oil before winter storage as this will also cut back on engine contaminants during the hibernation season.

Check the antifreeze level, especially in brutal climates.

Add air to the tires as they tend to deflate when not actively used.

If storing your car offsite, don’t forget to give the offsite location to your insurance carrier.  This may be a requirement of your policy.  Be sure to check policy requirements.

To avoid insects and animal life away from the car, be sure to close all the windows and seal openings like air cleaner and tailpipes with a plastic bag.

Unhook the car battery and place the vehicle on jack stands.

Taking simple precautions can go a long way to safe hibernation of your classic car.  Insurance Solutions Inc. serving Cullman, AL is at your service for all your car insurance needs.  Pick up the phone and get covered in order to be ready to hit the road come spring.



Tips for Customizing Your Motorcycle Insurance

Being a motorcycle enthusiast in Cullman, AL, there are plenty of reasons to be concerned about your bike. Besides the legal requirements for insurance, you want to make sure your baby is protected. Here at Insurance Solutions Inc., we understand those concerns, so here are a few tips to customize your motorcycle insurance and make sure you’re fully covered.

Know the Value of Your Bike

It’s not uncommon for owners who love their bikes to add a few custom touches. Unlike with cars, this can pretty easily change the value of the bike. Standard insurance policies will use Kelly Blue Book and similar methods to assign a value to your bike. They’ll often come up short of the full value, so you want to make sure your policy really covers the value of the bike. Many insurers offer custom coverage packages that are designed for custom parts, equipment and accessories to compensate for any discrepancies.

Consider Add-Ons

Standard coverage will include collision, medical payments, and personal injury liability insurance. You can also easily extend that coverage to apply to collisions that are your fault. That still runs short of what you might need. Comprehensive insurance protections your from theft and sources of damage that aren’t collisions. Trip interruption can pay for food and lodging if you have an incident away from home. Trailer coverage is great if you use one, and roadside assistance is just as viable for a bike as a car.

Lay-up Periods

It’s not entirely uncommon for a biker to leave their beloved motorcycle in the garage for a full season, even in Cullman, AL. If this applies to you, consider a lay-up period with your insurance. During this period, you can still be covered by your comprehensive plan, but you can drop payments for collision and other threats that only exist on the road. It’s a great way to save money.

Talk with your Insurance Solutions Inc. agent and see what other ways you can improve your coverage and save money.

Choosing a Home Base for Full Time RVers

Fulltime RV’ers tend to enjoy numerous advantages in Cullman, AL compared to the sizable house-bound population. As a full-time RV’er, you get the opportunity to travel and enjoy the sceneries, meet new and exciting friends, and relish new experiences. The most significant advantage of being a full-time RV’er is that you get to choose where you want to declare home. However, with a rigid legal system which assumes that people can only be stationary in their places of residence, selecting a home as a full-time RV’er is always a big challenge. Below are some factors you should consider when choosing your home base.

State Income Tax

This should be your number one consideration when selecting a home base. As a full-time RVer, you have some form of income. Some states will exempt tax on some types of income such as retirement income. However, the majority of state tax income in different states including Cullman, AL range between 3.0% and 13.3%. However, a no-income-tax state may cost you a bit higher when it comes to insurance premiums for your RV.

Consider Insurance

All the insurance including life, health, vehicle, and RV rates are usually based on your state of domicile. Insurance companies such as Insurance Solutions Inc. determine the insurance rates through complicated mathematical calculations based on many factors. All the insurance types can be adversely affected by the address you choose. Before you choose a state, be sure to compare the insurance rates and especially the health insurance rates.

Property Taxes and Vehicle Registration

Just like income tax, property tax tends to vary from state to state, and it can be an uphill task trying to compare the rates from different states. However, some states don’t charge personal property taxes. The personal property tax can be charged based on the value of your Recreational Vehicle or your tow vehicle.

Do you want to learn more about full-time RV’ing? Contact Insurance Solutions Inc. today for further details.

Facts to Know About Motorcycle Insurance

Just like auto insurance, for the motorcycle owners, holding motorcycle insurance is a requirement by the state. You will be required to have a motorcycle insurance policy for you to ride your bike in Cullman, AL. Owning a motorbike comes with many benefits including the fact that they are less expensive compared to cars. When you compare the buying price, maintenance, and fuel, you will realize that motorcycles are a great treasure and investment. You, therefore, have to ensure to keep your motorbike in good shape and to do this, proper maintenance is the key.

Despite the many advantages, motorcycles can at times be dangerous. No matter how safe and responsible you try to be, being on the road comes with a lot of uncertainties. It is, therefore, wise to have an insurance coverage to keep you protected and Insurance Solutions Inc. is here to help. However, there are some facts you need to know about motorcycle insurance  before choosing the right option for you some of which include;

Standard auto insurance does not protect your motorcycle

If you already have an auto policy, it is irrelevant when it comes to protecting your bike. You are required to buy liability insurance designed particularly for your motorcycle. If you are in trouble or you are pulled over by a police and you are needed to show your insurance proof, handing over auto insurance cannot help.

Liability policy does not pay for the damages you incur in an accident that was your fault

As the name implies, this coverage only caters for monetary damages for other individuals that get hurt from an accident that you caused. Any losses you incur during the collision do not count. You will need to buy a collision or comprehensive policy to protect your motorcycle.

Having uninsured or underinsured policy is a great investment

Consider buying this policy for your motorcycle to give you financial protection in an event where you are in an accident and the person at fault is not insured or is inadequately protected.

To learn more about motorcycle insurance in Cullman, AL, contact Insurance Solutions Inc. we can help you understand all you wish to know so that you can decide on which policy works best for you.