Your home is your pride and joy. You spend your life in your home raising children, hosting parties, enjoying life, and, eventually, having a great space for grandkids and other relatives and friends to visit and socialize. Your home is where you find your solitude. It is your stress-free zone. It is an important addition to your life and a great investment for you and your family.
As an investment, you should ensure that you can take care of any emergencies or physical damage that may threaten the livelihood which you enjoy in your home. You can protect your investment by purchasing homeowners insurance to cover life’s unexpected mishaps. Schumacher Insurance Agency offers homeowners insurance that is affordable and covers many unique requirements of the home owner.
The agents at Schumacher Insurance take the time to help you understand the policy that you decide to purchase. Homeowner policy coverage includes such things at liability, house structure, personal property, injuries and special circumstances. All of these things are thoroughly explained when you decide upon the policy that is right for you and your family. The Schumacher Insurance agents will work with you to outline a policy that also has adequate coverage for your home and your belongings.
You can contact our office to find out more information about the policy that can be tailored to your specific situation and receive an estimated quote on how much your particular policy may cost. Take the time to protect your investment so that you can continue to enjoy many years of fun and relaxation.
If you are a professional, you know that you are under constant risk of being sued for negligence. After all, no one is perfect, meaning that even the best of us can make mistakes with our work. Fortunately, if you are a professional, you have the perfect protection in the form of professional liability insurance.
Here is what you need to know about professional liability insurance before you make the purchase:
- You need professional liability insurance because your chances of being sued for negligence are not negligible. Even if you never make a single mistake over the course of your career, there are clients who will sue for negligence if they ever become dissatisfied with your results. Since cases can be expensive and time-consuming even if you manage to win, you want all of the assistance that you can get, particularly since they can be so stressful.
- Generally speaking, your professional liability insurance will cover you if you make a mistake, if you fail to serve your client’s best interests, and if you fail to meet the standards set by the rules and regulations. Like other forms of liability insurance, you can be covered for the costs of fighting your cases as well as the costs of your legal liabilities if you lose them.
- Professional liability insurance might not provide the same coverage for all of your employees. For example, if your insurance policy doesn’t cover independent contractors, you are going to be in serious trouble if they make a mistake worth suing over. You should always learn the exact extent of your coverage.
- Please note that professional liability insurance for different professionals can have differences in their coverages based on their particular professions.
Please contact us for skilled and experienced assistance with finding the right professional liability insurance policy.
Like all industries, the insurance industry is shaped by a variety of factors from the lifestyle habits of different age groups, to changes in natural resource prices. Here are five factors expected to affect the insurance industry in 2015.
1. The Price of Gas
When gas prices are low or predicted to drop, the per gallon price at the pump affects drivers considerably. As the economy strengthens, and gas prices fall, Americans drive more and use public transportation less, which means more cars on America’s roadways.
2. Auto Accident Claims
The stronger economy, increase in car sales and cheaper gas, when added to last winter’s adverse weather conditions and more fender benders and pile ups, resulted in a substantial increase in claims. More new cars on the road usually means more claims.
3. Auto Technology
Technological advances are reflected in new car features that keep drivers in sync with digital hotspots, better navigation, communication between vehicles, and safety through improved crash avoidance and in-car diagnostic services. Consumers expect the latest technology systems including a connected vehicle and a safe one.
4. Auto Repairs
With changes to vehicle safety and technology, repairs are now far more complex than at any other time. Repair costs have increased because the cost and number of parts required for each repair have increased, as has the price the labor.
Today, young adults are leaving college with more debt and more likely to move back home while looking for a job. They value owning a car, but are more likely to take public transport and put off buying one because of he price and maintenance costs. As young adults find more job prospects, however, they are expected to purchase more insurance for their home, rental and auto.
Contact us to discuss your insurance needs.
A wedding ring can cost thousands of dollars, which makes it one of the most valuable items that can be found in the home. As a result, losing it would be an enormous blow, which is why consumers need to make sure that their insurance will cover them in case of such an occurrence. However, it is important to remember that insurance comes at a cost, meaning that purchasing so much coverage is not worth it under certain circumstances.
You should begin your evaluation of whether you should have your wedding ring insured or not by having it appraised. Make sure to choose an appraiser certified by a trusted authority such as the American Gemological Society, but expect to pay somewhere between $50 and $150 per hour of their time.
Once you know how much your wedding ring is worth, you need to check your existing coverage. Make sure to find out how much your insurance will cover per piece of jewelry as well as how much your insurance will cover in total when it comes to jewelry. If the value of your wedding ring exceeds your existing coverage, you should probably consider purchasing additional coverage, barring cases where the difference is so small that it can’t justify increased spending on insurance.
Generally speaking, you can choose between jewelry insurance and extensions on your existing insurance. As always, carefully read through your contract to make sure that you understand exactly what you will be getting as well as when your coverage is and isn’t applicable. Once you have done so, you should get quotes so that you can start choosing between your insurance options.
If you are interested in learning more about insuring either your wedding ring or the rest of your jewelry, please contact us at your earliest convenience.
It is good to take a break from worrying about personal and business needs, and the Summer Concert Series in Woodland Park is just what you mean. You can enjoy live music from a range of talented artists.
The Summer Concert Series takes place every Wednesday from 7:00pm until 8:30pm. If it is a children’s concert, the show will start at 6:30pm. You can find the concert in the Dowling Gardens of Woodland Park, which is located on the corner of McBride Avenue and Dowling Parkway.
There are still several concerts scheduled for the final few weeks of July. You can get a dose of pop, country and R&B with the South Street Station in mid-July. Joe Caroselli and Masterpiece will perform a variety of songs in late-July. The month of July ends with a concert from Sick Star Nation, who will perform several pop, dance and rock songs.
If you miss the July concerts, do not worry because you still have the whole month of August to look forward to. The month starts with a children’s concert, which will be performed by the Fuzzy Lemons. You can then catch the Garret Mountain Boys as they perform a mixture of fan favorites. The Hoffman Family Band Variety, performed by The Late Show, takes place in mid-August. The Bucket List will finish off the month of August, performing songs from various decades on August 26th. The concert on August 26th is sponsored by Schumacher Chevrolet.
When you need insurance for yourself, your family, personal items or business, you can turn to Schumacher Insurance. We offer a range of insurance packages, from health insurance to workers compensation.
If you would like to learn more about our insurance company, contact us and one of our staff members will get back to you shortly.
Although car insurance can come with coverage for rental cars, such coverage tends to be limited, so much so that rental car consumers need to give serious consideration to purchasing rental car insurance. As ever when it comes to purchasing insurance, said individuals need to exercise care and caution to make sure that they have sufficient coverage without paying too much on premiums.
Please keep these factors in mind when considering the purchase of rental car insurance:
- Before examining their insurance options, rental car consumers need to learn the extent of their existing coverage. This means contacting their insurer to find out what their car insurance covers and how much is covered. Likewise, said individuals should also take the chance to find out if their car insurance has riders that can be purchased to provide further coverage for rental cars and rental car-related occurrences.
- On a related note, rental car consumers should also contact their credit card companies to see if said companies can meet their insurance needs. Please need that such coverage tends to be even more limited, so much so that most credit card companies cover what other coverage will not but nothing more. This is the reason that rental car consumers should contact their insurers and then their credit card companies.
- Rental car insurance can include a number of coverages such as legal liabilities, personal accidents, and personal effects. Said coverages can see significant differences, meaning that rental car consumers need to ask questions until they have a thorough understanding of their insurance policies.
- Car sharing and P2P car rental insurance is not standardized.
Please note that this is no more than an introduction to rental car insurance. Those interested in becoming better informed should not hesitate to contact us for more information at their earliest convenience.
Regardless of whether you own a free-standing house or a condominium, insurance should be one of your top priorities to attend to. Condo insurance differs slightly from homeowners insurance, so if you’re moving from on to another you need to make sure you keep these differences in mind and adjust your policy accordingly.
Homeowners insurance typically covers an entire plot of land, and thus can cover any free-standing structures on the property, like garages. Condo insurance doesn’t offer this, since your apartment is part of a larger building.
Homeowner’s insurance will usually cover everything about the structure of your house, including exterior walls as well as interior walls and everything contained in the house. In condo insurance, the dwelling limit is usually delineated by the walls of your apartment. Any exterior features such as stairwells, exterior walls, etc. are covered by the Homeowner’s Association which owns the outer building.
Homeowner’s insurance will only cover a portion of the cost of damaged personal items within the home, usually up to around half of what the home is valued at. Condo insurance will cover all personal items and anything that the Homeowner’s Association doesn’t, which may include appliances and flooring in your apartment.
These are usually only discussed in condo insurance, as free-standing home owners don’t buy into a Homeowner’s Association. The dues paid to the HoA cover insurance for any common areas in the building.
Condo insurance is usually cheaper than homeowner’s insurance, since there is less to cover and personal items are less valuable than property structures.
Knowing what your insurance does and doesn’t cover is essential to your peace of mind. Contact us today to discuss your policy and how it can be made to work for you.
Are you tired of paying too much for auto insurance? Here are some tips to lower your insurance rates.
Drive safely. The best way to lower rates is to keep your driving record clean.
Get multiple price quotes. Before you buy get a number of price quotes either calling directly, or using the Internet. Once you have the quotes from at least three insurance companies, choose is a reputable company. And check for consumer complaints, too.
Compare costs on higher deductibles. When you have a clean driving record, or an older car, lower your collision and comprehensive coverage. A lower deductible can save up to 40 percent on your premiums.
Limit coverage on older vehicles. When your car is worth less than your premium, purchasing collision and comprehensive insurance is not worth the price. Check your car’s value online looking at Kelley’s Blue Book and check it against your insurance premiums.
Bundle your insurance coverage. Bundle auto and home owner’s insurance, or insure more than one car at the same company, to reduce your premiums.
Keep your credit score up. Insurance companies can use your credit score to determine rates, too, so check your credit report regularly.
Low mileage. When you do not drive often, you could qualify for a low mileage discount. And if you carpool, you could qualify for a mileage discount as well.
Check for group insurance discounts. Many companies offer group insurance. So check your alumni association, professional or business groups to see if they offer discounts.
Good driver discounts. Additional discounts could include things like defensive driving courses, antitheft devices, no moving violations or accidents in the past three to five years.
Contact us for more information about auto insurance rates.
Shopping for life insurance is a great first step towards financially protecting your loved ones in the event of your passing. Since there are many factors that determine how much you will pay for the premium, understanding what goes into your insurance quote can help you better understand how the provider came to a price. Here is a look at five key factors that will affect your quote.
1. Medical History
One of the ways providers assess risk is to delve into your medical history. If you have had previous health problems such as high blood pressure, diabetes or high cholesterol, your provider will likely charge you more for the premium compared to if you have had a history free of chronic conditions.
Age plays a primary role because the older you are the riskier you are to the insurance company. Ideally, the younger you are able to purchase insurance the better because provided you don’t have a poor medical history, you will pay less for coverage.
Investopedia reports that women on average live five years longer than men. With this in mind, males typically pay a higher premium based on these averages.
If you enjoy riskier activities such as rock climbing, bungee jumping or skiing on advanced courses, then you will pay more for life insurance. The reason for this is when you participate in high risk activities, you elevate your risk in the provider’s mind.
If you smoke, Investopedia states you’ll pay as much as twice the amount nonsmokers pay for the same premium.
To learn more about life insurance policies feel free to contact the Schumacher Insurance Agency. Our knowledgeable agents can help you choose the best policy to protect you and your family.
The size of the business is an element that many business owners tend to neglect when thinking about insurance coverage. The size of a business can refer to the number of employees or the amount of sales made during the year. Let’s take a look at the various ways to look at size within a business and how it affects your choices in insurance.
Many of the world’s most successful corporations started with a simple dream in the spare bedroom at home. A home-based business may start off with only one or even a handful of employees. Many small business owners make the mistake of believing that their homeowner’s insurance is enough to cover them. Talk to an agent about your specific needs as a home-based business.
A small business generally has less than 50 employees and makes less than a few million dollars per year. Ask your insurance agent about a Business Owners Policy, or BOP, to protect you and your business from common risks.
A medium-sized business may have 50 to 1000 employees and have a revenue of less than $5 million. Insurance for this size business may include property and liability coverage with special consideration for businesses with multiple locations and/or special equipment.
Large businesses have more than 500 employees with a variation in its annual revenue. These businesses often have million dollar risks, thus their insurance needs are customized to suit their needs.
No matter the size of your business, it is important that all businesses find the coverage that is suitable for your needs. Please contact one of our insurance agents to learn how we can support you in making one of the best business decisions you can ever make.