What Is Umbrella Insurance And How Can It Help Us

Things You Need to Know Before Buying Car,House, Health & Life Insurance online.

Insurance Buying Tips #1: Shop smart
When looking for insurance, your No. 1 priority should be to find adequate coverage. Price is important, but you’ll want to determine what kind of coverage you need first. Then you can fit that coverage into your budget and determine which carrier can provide you with the most comprehensive policy for your situation. You may be tempted to choose insurance with the lowest price tag, but if you don’t have enough coverage (or the right kind of coverage), you will see less financial benefit when it comes time to file a claim.
Insurance Buying Tips #2: Look for discounts
Once you evaluate your coverage needs, factor in your budget and find ways to save. Ask your insurance agent if there are any discounts on your coverage. Often, carriers offer discounts for things like paying your policy in full, staying auto accident-free or, if you’re in school, getting good grades. You also can save money by “bundling” multiple policies, such as purchasing a home and auto policy from the same carrier.
Insurance Buying Tips #3: Fill in the gaps
An average policy will cover the basics, but you may need to add extra coverage to meet your unique needs. For instance, you may have items like electronics or a nice piece of jewelry that would be financially difficult to replace, even with the assistance of your average renters or homeowners policy. You may want to add additional coverage for these items.

Starting a business is really hard. We should be financially ready and capable to hire the best team possible. Being knowledgeable and experienced is very important to prevent bankruptcy or closure of the business. One thing that you should consider before starting a business is, can you afford an insurance for your business and employees? In today's generation being insured is important. However some of our business insurance policy doesn't cover all. This may lead to bankruptcy or situation that can jeopardize your business.

When looking for a policy you should consider the legitimacy, effectiveness and the permits of the company. Having an insurance provider that can give extra layer of protection for the company in times of trouble and needs is very important. John Perry have a friendly team that will guide and help you get the best policy you need. John Perry, being an independent agency have access to multiple insurance carriers. We will gather all your information and compare them to multiple carriers until we can find the best insurance policy for you and your family's needs. With Umbrella Insurance, you can protect your assets in the event your company gets into major lawsuit.

Insurance Buying Tips #4: Purchase life insurance—you aren’t too young
Life insurance is essential, no matter how young or old you are. And for millennials, buying now may be a smart move because it’s cheaper to buy a life insurance policy when you’re young and healthy. This kind of insurance can help your family cover unexpected costs in your absence, including student loan debt or a mortgage, in addition to end-of-life costs. And if you have kids, a life insurance policy can also support their education or childcare expenses. Additionally, every millennial should consider long-term disability coverage, which helps you stay afloat financially if an accident happens and you become disabled and unable to work.
Insurance Buying Tips #5: Talk to an independent agent
An independent insurance agent is an essential resource when purchasing insurance—especially if this is your first time. An independent agent works with multiple different carriers, which is different from captive agents who can only sell insurance from the carrier they work for. Working with an independent agent can help make sure that you are getting the best coverage, for the best price. You’ll also benefit from independent agents’ insurance knowledge; they know how to talk you through your options and actually explain what each policy includes. An independent agent will make sure all of your assets are covered, help you find discounts or other ways to save, and be a valuable resource as your life changes and your insurance needs change, too.
Insurance Buying Tips #6: Only buy insurance to maintain your existing standard of living
You don’t need insurance for events that won’t severely strain your finances. Start with your basic needs (home, auto, business), then work your way to include other needs (cyber, liability). You can always obtain coverage later for something if you change your mind. You can minimize your risk and maximize your savings by buying insurance that won’t cause you to break the bank.

Commercial or Business Umbrella is an insurance policy that will provide additional coverage to your business from a lawsuit or major accident that exceeds the limit of your existing insurance policy. Major lawsuits generally are the results of accidents that occur either on or off the premises of your business. Commercial umbrella insurance coverage can safeguard your business. Umbrella Insurance Policy will help you and/or your business get through major problems and get back to your daily business operation as soon as possible.

Call 863-983-8222, our experienced business and commercial team to evaluate your current policy and offer solutions for your business. We offer also auto insurance,homeowners, renters and flood insurance, business and/ or liability insurance, condominium association insurance, motorcycle and/ or recreational vehicle insurance and more. You can visit us in our offices in Clewiston visit us at 1008 W. Sagamore Ave., Suite 1, Clewiston, FL or call 863-777-4966 and if you are located in Fort Myers you can drop by 5240 Bank St., Ste 3 Fort Myers, FL or call 239-204-3211. We also have our office in LaBelle at 10 Bridge Street LaBelle, FL or contact 863-588-7336 and lastly in Okeechobee at 3553 Hwy 441 South Okeechobee, FL or you can call 863-824-5393 open in Mondays to Fridays from 8:00 am to 5:00 PM.

Insurance Buying Tips #7: Ask your insurance provider what the policy doesn’t cover
Every insurance policy has perils that are not covered by your policy. These perils are referred to as “exclusions”, and every policy has them. Ask your insurance provider to explain the exclusions in your policy to avoid discovering what they are once you incur damages or a loss.
Insurance Buying Tips #8: Consider bundling several policies with one insurance carrier
here may be value in bundling several policies with one insurance carrier. If you’re looking to insure multiple vehicles or obtain multiple types of business coverage (e.g., liability, property, cyber), then you may want to consider obtaining coverages under one insurance provider who carries multiple products, and who may be able to offer you multi-policy discounts or loyalty programs.
Insurance Buying Tips #9: Review your insurance needs on a yearly basis
As your needs evolve, so will your insurance policy. Maybe you’ve acquired a new vehicle since obtaining auto insurance for your primary vehicle, or started operating your business out of your home, or experienced a cyber-attack during the year… Whatever the change(s), you’ll want to make sure you’re covered for any new risk exposures. Talk to your insurance provider to stay on top of your insurance needs.
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