Benefits of Getting Umbrella Insurance

Umbrella insurance may seem like a general coverage designed to protect only expensive assets for Westerville, OH residents, while it is, in fact, one of the essential policies that protect you during your everyday life. To help you understand what you stand to gain from getting umbrella insurance, Associated Insurance Agencies Inc. outlines three benefits of this cover.

Protects Your Assets

When you cause an accident involving significant property damage or bodily injury to others, your underlying auto or home insurance limit could easily get exhausted, leaving you with huge expenses to take care of. This would likely mean letting go of some assets to cover the remaining damages, causing a substantial dent in your finances. Umbrella insurance, however, covers you against such occurrences, keeping your assets and income intact when your primary insurance can no longer protect you.

Provides Flexible Coverage Options

Unlike other policies, umbrella insurance allows you to scale up or down your needs based on your primary insurance options. If, for instance, your underlying policy does not cover options such as libel, false arrest, and liability claims for your rental units, umbrella insurance will take care of these claims. With this in mind, you get extra liability coverage under one cover, not just for yourself but also for other covered members of your family.

Protects You From Costly Lawsuits

Getting a lawsuit in today’s society is more common than you think, a factor that may be also be linked to their increased costs. If you own a business, are a public figure, or occasionally host parties within your Westerville, OH residence, these factors are likely to expose you to lawsuits. With umbrella insurance, you can protect yourself from any liability claims, ensuring you live your life without any fear.

Your insurance should cater to all aspects of your life without leaving any gaps that could crumble down when an emergency arises. To enjoy these benefits of umbrella insurance, consider reaching out to Associated Insurance Agencies Inc. today.

Why do you need health insurance in Westerville?

The Westerville, OH area can be a great place to live. Those that do live in this area are going to have many insurance needs. A common form of insurance that all people need to spend time thinking about is health insurance. There are several reasons why you need to obtain a health insurance plan if you live here.

Health Insurance is Required

For almost everybody today, having a proper health insurance plan is required by law. Everyone will need to provide evidence that they have insurance coverage at the end of the year when their income taxes are filed. Those that do not maintain coverage will have to pay a fine if they cannot provide evidence of coverage.

Access to Affordable Care

Being able to see a doctor or get the care that you need when you need it is very important and could help you live a healthy and fulfilling life. If you would like to see a doctor when you are in this area of Ohio, having health insurance will help to reduce your total costs. Further, it will give you access to a network of doctors and other healthcare professionals that you can see for a variety of purposes. This could help you to save money while also encouraging you to live a healthier overall lifestyle in the future. 

You need to make sure that you get proper health insurance when you live in the Westerville, OH area. Anyone that would like to get this insurance protection here should call Associated Insurance Agencies Inc. There are always many benefits that come when you call Associated Insurance Agencies Inc. including getting the support and guidance you need to understand all of your options and pick a health insurance plan.

Reasons To Buy Life Insurance

Many people do not even consider buying life insurance because they think it is a waste. However, in fact, life insurance is one of the best ways to protect your beloved ones and provide them with the financial security that they may need in the event of your death. Associated Insurance Agencies Inc. serving Westerville, OH and other surrounding towns prepared a list of reasons why having life insurance is a good idea: 

You Are Supporting Someone Financially

The rule is simple: if there is someone who depends financially on your income, having life insurance is worth it. According to the statistics, over 6.2 million Americans support someone financially. If you are one of them, getting life insurance is the right thing to do. 

You Have Debts

If you pass away, your debts will not just disappear. If you have a mortgage on a house or car loan, your family members will be responsible for paying off the debt. Therefore, purchasing a life insurance policy that will help with repayment is a good idea. 

You Want to Cover Your Children’s Future Education

As a parent, you want to make sure that your children get a good education. There are several different ways to save money for your children’s college, and life insurance is one of them. With a life insurance policy, you know that your child will have a financial opportunity to pay for their college if you are not around anymore. 

Life Insurance Is Affordable

Many people may not know but life insurance is pretty affordable. Moreover, the healthier and younger you are, the cheaper a policy will be. 

We Are Here to Help You 

Having life insurance today is not a luxury anymore – it is an easy and smart way to purchase financial protection for the people you love and get peace of mind. If you are currently looking for an insurance company in Westerville, OH, or any other surrounding town, Associated Insurance Agencies Inc. is ready to help you. Our experienced and knowledgeable insurance agents will answer all your questions and help find a policy you need based on the insurance needs and budget. Feel free to contact us for more information. 

Required Auto Insurance in Ohio

Driving in Ohio requires a number of different minimum coverages to stay legal. The Ohio Financial Responsibility Law sets the amounts and makes it mandatory to pay for an accident that you cause. When you go to renew your license or your auto registration, you have to sign a paper saying that you won’t drive without insurance. Ohio also has the Random Selection Program for drivers. This allows the Bureau of Motor Vehicles to pick you at random to prove that you have insurance. To make sure you have the coverage you need, call us at Associated Insurance Agencies Inc. in Westerville, OH.

Coverage for Bodily Injury

If you have caused an accident, you will be responsible for the medical bills of the other parties in the accident. This type of coverage is called bodily injury liability, and you must maintain a minimum amount of it that will cover each person who has been injured in the accident. There is another amount that you must carry in order to pay the medical bills of more than one person who were in the accident. It’s often recommended to add to your bodily injury coverage, as medical bills have gotten more expensive in recent years. 

Coverage for Property Damage

Property damage is the other required part of insurance in Ohio. There is a specific minimum amount you must have for any damage you cause to someone’s property during the accident. This may include another vehicle from the accident or even someone’s building if your car did damage to one. 

Call For Your Appointment

If you need auto insurance, don’t let another day go by. Call us at Associated Insurance Agencies Inc. in Westerville, OH to make your appointment with a knowledgeable insurance agent about your coverage. 

A Guide To Help Ohio Residents Find The Right Auto Insurance Policy

Associated Insurance Agencies Inc. serves the Westerville, OH community, as well as the surrounding areas, by offering residents multiple types of insurance policies. We strive to provide dependable service to our clients when they need it most. For over 30 years, we have established great relationships with multiple carriers throughout the Midwest.

Auto Insurance

Auto Insurance helps you stay safe on the road as you travel through Westerville OH and beyond. Auto insurance primarily protects you if you are involved in a collision with another vehicle and damages occur. Liability coverage will cover you if you are believed to be responsible for the damages caused by the accident. Liability coverage also protects you if you are held liable for injuries that your passenger sustained during an accident.

Comprehensive coverage protects your vehicle if it is vandalized due to a fire or natural disaster. You will also be protected if you are a victim of car theft. Uninsured motorist coverage will protect you if you are involved in an accident with someone who doesn’t have any insurance. Emergency assistance is also an asset, as a disaster can happen at any moment. The policy will cover you if you have engine troubles or a flat tire. In addition to roadside assistance, you’ll also have access to towing services. You can amend your policy to include rental coverage if you need to seek alternative transportation while your vehicle is being repaired.

Your policy may differ based on the amount of driving that you plan to do. If you plan to keep your vehicle in storage when you aren’t using it, you can add coverage to protect your vehicle if an accidental fire starts or another type of disaster happens at the facility.

Associated Insurance Agencies Inc. Will Help You Drive Safely

Visit our website today to learn more information on auto insurance.

3 Tips for Buying Motorcycle Insurance in Westerville, OH

Did you just buy your first motorcycle? Or did you trade in an older model for a newer one? Either way, we know you’re excited to get on the open road. But first, it’s important to make sure you are fully covered. Read on to learn about three tips that will help you get started purchasing a new motorcycle insurance policy or renewing or replacing an existing one. 

1. Work with a Reputable Agent

The reputable agents at Associated Insurance Agencies Inc. are available to help customers find the right policy at the right price. These friendly agents help find savings, answer all your questions and concerns, and guide you through the insurance buying process. They’re available to speak by phone and will make buying a motorcycle insurance policy in Westerville OH fast, easy, and affordable.

2. Compare Several Quotes

To find the right policy, you need to compare several motorcycle insurance quotes from different carriers. A reputable agent can help you with this by going over the fine detail of each quote with you and pointing out the differences in coverage and cost. Keep in mind that policies differ on price point and coverage. 

3. Bundle Your Policies

If you’re looking to save money on motorcycle insurance, consider bundling your policies under one insurance carrier. You can bundle auto, home, life, recreation, and renter’s insurance, to name just a few. Be sure to ask your reputable insurance agent about other ways you can save money on new and existing policies.

To learn more about purchasing motorcycle insurance in Westerville, OH, contact the team serving this area. Associated Insurance Agencies Inc. can be reached at 800-935-2335.

When should you update your home insurance

When you buy a home one of the first things you do is to buy a home insurance policy. Your mortgage holder is going to insist on proof before they loan you the money. Most home policies renew yearly and your insurance company will send you a declaration page. This is your policy in a nutshell and it holds valuable information that you should look over carefully. If you live in or near Westerville, OH and are looking for a locally owned and operated independent agency, Associated Insurance Agencies Inc. has a knowledgeable team to answer your questions. 

You should update your home insurance any time there is a change in your home or your financial situation. You should review your policy yearly when you get your new declaration page. 

Your income goes up

You might wonder why a raise in your income would affect your home insurance but part of your home insurance coverage is liability insurance. This protects your assets in the event you are sued. If you make more money you are a larger target and your liability coverage should rise accordingly. 

Major repair or updates

If you do major home repairs that increase the value of your home, you should update the replacement value of your home. Things such as a new kitchen, bathroom, siding, or central air conditioning can add considerable value. 

When you add safety equipment

Adding a home security system or smoke detectors is something that you should let your insurance company know about. It can lower your premium. 

Having valuables

The coverage on most home policies is quite limited and if you have expensive electronics, art, antiques, or jewelry you should consider adding additional coverage to your personal property coverage. 

At Associated Insurance Agencies Inc. in Westerville, OH we suggest a yearly policy review. If you haven’t reviewed your policy in a while, you are overdue. Give us a call or stop by our office and let us review your policy. 

Auto Insurance Coverage Options

In Ohio, you must have at least liability auto insurance to legally drive on the roadways. This type of insurance will cover injuries and property damages sustained by others if you are involved in an auto accident that is deemed to be your fault. In addition to liability insurance, there are several other types of auto insurance coverage options you can choose from to fit your situation. If you obtained a loan from a bank or other financial institution to purchase your vehicle, there are some types of other auto insurance coverage options you may be required to have in place.

Underinsured/Uninsured Motorist Coverage

This type of insurance protects you and your vehicle if you are involved in an accident with a driver who does not have any insurance at all or does not have enough insurance to cover injuries or property damage sustained by you or your passengers.

Collision Insurance

A collision insurance policy will pay for repairs or to replace your vehicle if it is damaged or destroyed if you are involved in an accident with another vehicle or with an object. For example, if you hit a pole or building, this type of coverage will help pay for the repairs to your vehicle from any damage that is sustained.

Comprehensive Insurance

Comprehensive insurance coverage will help cover the costs to replace your vehicle or repair it if it is damaged or destroyed by a fire, vandalism, or a natural disaster, such as a tornado or hurricane. It will also help you replace your vehicle if your car, truck, or SUV is stolen.

To figure out which coverage options are best for you and your situation to protect the investment you have made in your vehicle, you should enlist the assistance of an experienced auto insurance agent. The trusted and knowledgeable auto insurance agents at Associated Insurance Agencies Inc. in Westerville, OH are ready to help you with all of your insurance needs. Call for an appointment today!

Home Insurance Facts Every New Homeowner Should Know

As a new homeowner, you may not be aware of the importance of home insurance in protecting your new investment. The right home coverage from Associated Insurance Agencies Inc. can save you a substantial amount of money in the event of a disaster. Here are some important home insurance facts every new homeowner in Westerville, OH should know.

  • Home insurance covers damage or destruction of your home, theft, or loss of personal effects and liability issues that may arise when people have accidents on your property. This protects you from having to pay for damages or liability claims out of pocket.
  • If you have a mortgage on your new Westerville OH home, your lender will probably require you to have home coverage. Otherwise, home insurance is optional. Wise homeowners, however, will take advantage of home coverage to protect their property.
  • Home insurance coverage and costs may vary depending on your insurance company. By shopping around and comparing what different insurers have to offer, you can obtain a good deal on your coverage.
  • Factors like the age of your home, home type, home condition, and location can affect your premium costs. Working with a reputable insurer in Westerville OH will make it easier to make wise home insurance choices. You’ll also benefit from quality services and home coverage.
  • Standard homeowner’s insurance covers a wide range of perils to include theft, fire, water damage from broken pipes, rain, wind and hailstorm damage, lightning strikes, hurricanes, tornadoes, and vandalism.
  • Home insurance DOESN’T, however, cover damage caused by flooding. To protect your home from flood damage, you need to purchase a separate flood policy.

To learn more about home insurance or to purchase a home policy, contact your insurance experts at Associated Insurance Agencies Inc., serving residents in Westerville, OH, and surrounding communities.

Will Motorcycle Liability Insurance Cover Theft?

In Westerville, OH, the only insurance that you are required to carry is liability. Many motorcyclists misunderstand what liability covers. Put simply, liability coverage begins and ends at the other party’s damages. It provides no compensation whatsoever for the policyholder’s damages. If your motorcycle is stolen, if it’s damaged in an accident, liability will not cover it.

And neither will collision. Collision insurance, as the name suggests, covers collision, and that’s it. If you are in an accident, your collision insurance will pay for the damages. If your bike is stolen, it will not.

Comprehensive is where you have full coverage. With comprehensive coverage, your losses will be covered even if your bike was parked at the time of the incident. If it’s stolen, if somebody stumbles into it and knocks it over, if it’s vandalized, you’re covered.

There may be some exclusions depending on the terms of your policy. Still, with liability, you’re protected if you are held responsible for someone else’s losses, with collision you are protected for your losses in the event of an accident, and with comprehensive you are protected against most reasonable hazards not involving a collision.

You may also want to consider gap insurance, which covers any payments you have left on your bike in the event of a total loss, and replacement, or better replacement insurance, which will get you on two wheels again right away following a loss.

If you’re looking to upgrade your coverage in Westerville, OH, or you just have some questions, you can get in touch with us at Associated Insurance Agencies, Inc. by phone, email, or in-person at the Associated Insurance Agencies Inc. offices.