Will Motorcycle Liability Insurance Cover Theft?

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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.

Is Umbrella Insurance Worth It?

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You may consider your base insurance policy to be enough, but umbrella insurance is a unique coverage that can help when you most need it. Umbrella insurance policies only go into effect when your homeowners or commercial policies reached their maximum pay limits. As an example, if someone is injured on your property due to your negligence, it will pay any medical or legal expenses. Likewise, if your home is destroyed by fire or severe weather, it will pay to rebuild. However, when the policy is exhausted, you will be responsible for any additional funds. This can be devastating for most families. An umbrella policy covers any expenses above the base policy. In the Westerville, OH area, our team at Associated Insurance Agencies, Inc. can help you decide if an umbrella policy is suitable for you.  

In the above examples, consider the following. If someone is injured, their medical and legal expenses could run to $500,000. If your policy provides $300,000, you will be held responsible for the additional funds. An umbrella policy would provide additional money and protect your assets. 

In the Westerville, OH area, our agents at Associated Insurance Agencies, Inc. can answer any questions you may have about umbrella insurance policies. They will take the time to get to know your situation so that you can decide if an umbrella policy is right for you. You can explore your options on our website, but to truly understand the details of umbrella policies, contact us. Your agent will discuss your options and talk about how umbrella policies function. With the right information, you can decide the type of coverage that you need. With the right coverage, you’ll have the financial protection that you need. Call us today to get started!

Why Private Health Insurance Is An Option To Consider

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Associated Insurance Agencies, Inc. serves residents in the Westerville, OH community, and other cities throughout Ohio. Our main objective is to provide a reliable service to all of our clients. We have established successful partnerships with multiple insurance companies, which allows us to meet all of our clients’ needs regardless of the situation.

Private Health Insurance

Associated Insurance Agencies, Inc. strives to ensure that our clients are covered in the event of a medical emergency. Having a good health insurance policy will allow you to live comfortably. While you are researching different health insurance options, it may benefit you to explore private health insurance.

Private Health Insurance Overview

Having a private health insurance policy gives you additional control regarding your health. You’ll have the ability to choose your own doctor. This should help you develop a bond, as your doctor will start to memorize your ailments and figure out which treatment plans work best for you.  

You’ll also have to deal with shorter wait times to see your doctor. Often, you may have to wait for weeks or even months to see your doctor unless you have a severe medical emergency. In the private sector, you’ll likely experience much shorter wait times because your doctor won’t be as busy.

Having private health insurance will also give you access to private hospitals and medical facilities. Generally, at a private facility, you’ll receive access to enhanced amenities, as well as enhanced medical equipment. If you were to have surgery, your recovery process may be quicker and run more smoothly at a private facility.

Contact Associated Insurance Agencies, Inc.

We will sit down with you and discuss your health insurance options to make sure that you receive the policy that you are looking for. If you have any questions, contact our office to learn how we assist our clients in Westerville, OH, and the surrounding communities.

How To Maintain Life Insurance For Family Member Out-of-State

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In life, we all want to live it, enjoy it, and do the best that we can for our loved ones. We only get one time to live, so it is essential to make the most of it while we can. In the worst-case scenario that you pass away at an untimely moment, it is important to make sure that your family is well taken care of. When a family has to grieve the loss of a loved one, it also comes with the added stress of financial obligations as well. 

At Associated Insurance Agencies, Inc., we make sure that our clients and family are provided with the best life insurance coverage possible. It is crucial to work with an agency that has your best interest at heart. We are based in Westerville, OH, and have multiple offices in the state of Ohio. Our agency serves the community by providing insurance policies that help make our client’s lives as easy as possible. Here are a few reasons as to why having life insurance is vital to invest in as soon as possible. 

If you pass away with outstanding debt from things such as your home, cars, or other personal belongings, having the right life insurance policy will help cover those expenses. The balance of your life insurance will help your loved ones cover as much as possible, so they do not have to stress about a substantial financial burden. Leaving an inheritance for any of your family members is also part of having beneficiaries within your life insurance policy as well. Would you like to make sure that your children have secure funds for college? A life insurance policy can be utilized in covering college tuition and financial needs. As a parent, this can be one final fulfillment that you can leave your child with to set them up for success and achieving their dreams. 

Are you ready to discuss the life insurance options that we have available for you? To speak to an agent at Associated Insurance Agencies, Inc., please feel free to call our office at (800) 935-2335. If you prefer to inquire about our services and an agent via e-mail, you can e-mail our team at agencyinfro@associated-ins.com, and an agent will respond to your inquiry in a timely fashion. 

Getting Insurance After your Car is Paid Off

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Having auto insurance is a legal requirement for drivers in this country, but once your vehicle is paid off,  you may wonder if you should maintain your full coverage auto insurance. While it is important to note that in most cases, drivers should have full coverage to minimize out of pocket impacts, should there be an accident or other type of damage, but it isn’t a legal requirement. 

Should You Have Full Coverage After Paying Off Your Vehicle?

Ultimately, the decision to purchase full coverage is up to the owner of the vehicle once it is paid for, and the financing agreement is completed. However, if the vehicle is still worth a substantial amount and is under ten years old, it is a good idea. Anything can happen to a vehicle at any time, which is why it is wise to be prepared with a quality policy in place to help avoid losses. The best course of action is to consult with an experienced insurance agent to get common-sense recommendations for each individual situation.

Working With an Agent

Protecting your vehicles is much easier when you work with an established insurance agency of knowledgeable agents who can work one on one with each client. If you live in or near the Westerville, OH area, you can count on Associated Insurance Agencies, Inc. to help you get the coverage you need, whether you are currently financing, or have already paid off your auto loan.

Don’t guess when it comes to your auto coverage. Get the guidance and support you need to be protected around the clock by calling or stopping by Assoicated Insurance Agencies, Inc., serving Westerville, OH. 

Does my small business need business interruption insurance?

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Nobody that has gone through a disaster expected it to happen. Unfortunately, the worst part of a disaster is usually being unprepared.

If your Neward or Westerville, OH business has the misfortune to go through something serious, whether caused by weather, bad luck, absenteeism from widespread illness, or deliberate actions, your business could be forced to close.

Closing Down to Deal with a Crisis

You know about other kinds of commercial insurance you need. For instance, you have commercial property insurance that will help you repair or rebuild after damage from a fire or storm.

But while you are getting your business back to normal, your bills are still coming in. You still have to pay utilities, mortgage, salaries, and many other expenses that need to be paid on time. What can you do to make up for the loss of income while your business is closed?

Business Interruption Insurance

At Associated Insurance Agencies, Inc., we offer other kinds of insurance that can help protect your livelihood. Business Interruption Insurance is meant to fill in during those gaps when you aren’t open to making money but you don’t want to destroy your credit or use all your savings just to stay afloat.

You still need to be able to pay for at least a few days before Business Interruption Insurance kicks in, but once it does, you will be eligible for funds to help your business recover from this temporary closure. Without the extra money, some businesses might take longer to get back on their feet, and some might never recover. 

If you live in Neward or Westerville, OH and want to see how Business Interruption Insurance can help you, or if you just have any general insurance questions, please feel free to call Associated Insurance Agencies, Inc. today.

 

3 Reasons to Update Your Homeowner’s Insurance

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Changes in your Westerville, OH home or lifestyle over the last year could require an update in your policy to maintain the coverage you desire. By reviewing your policy with an agent from Associated Insurance Agencies, you won’t be caught unprepared when it’s time to make a claim. Here are a few reasons why you may need to update your coverage.

Home Renovations

If you made major improvements to your home in the last year, you’d need to update your policy to add them to your coverage. If your home improvements substantially raise the value of your property, you may need to increase your dwelling insurance to compensate for the rise in home value. This change also requires that you update your policy.  

Expensive Gifts

You may have received costly gifts during the holidays, such as elegant jewelry or high-end electronics that require insurance protection. Depending on the value of your goods, you may need to raise the limits of your property coverage or obtain an insurance rider to protect these items from theft or damage in an unforeseen disaster.   

Home Systems/Security Upgrades

Upgrades in your home’s electrical or plumbing system that reduce the risk of fire or water damage could qualify you for a discount on your home insurance. By updating your policy to reflect these upgrades, you could save money on your premium. In like manner, adding a new security system to your home could make you eligible for a home insurance discount as it reduces your risk of theft.

By discussing lifestyle or home changes with an agent from Associated Insurance Agencies in Westerville, OH, you can get a better idea if you need to update your homeowner’s insurance. Call or visit us today for all your home insurance needs.

What are my Ohio life insurance options?

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For people in the Westerville, OH area, having proper personal insurance is crucial. While this includes having a good home and auto insurance policy, you also need to make sure that you carefully consider your life insurance needs and options. For those that think they need life insurance, several different insurance options should be considered. 

Whole Life Insurance

Getting whole life insurance is a good option for people that want insurance coverage but are also looking for an investment option. When you get whole life insurance, you will receive coverage for the rest of your life as long as you keep making premium payments. A significant advantage of this type of insurance is that your part of the premium payments will build and add up and can be liquidated in the future, which makes it a great investment option as well. 

Term Life

For those looking for the most coverage at the most affordable rate possible, term life insurance is a good option. When you get this life insurance, you will receive coverage for the full policy amount and the pre-determined term of the policy. Typically, this type of life insurance will also provide a lot more coverage with a lower premium, but you will not be able to liquidate the policy in the future. 

One of the most significant decisions that someone in the Westerville, OH area will make is when they purchase a new life insurance policy. Since this is such a big choice, you need to make sure that you are adequately represented. One of the best ways to do this is by hiring Associated Insurance Agencies, Inc. for your life insurance needs. The team at Associated Insurance Agencies, Inc. can help you to pick the right life insurance policy for your situation. Contact our office for a quote.

3 Ways to Prepare Your Car For an Ohio WInter

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As the winter temperatures start to creep into Westerville, OH with the holidays, it is time to have your car prepared for an Ohio winter. Below are some tips we offer our clients at Associated Insurance Agencies, Inc. to get them prepared and keep them safe through the frigid temperatures. 

How are your windshield wipers?

Designed to keep your windshield clear of weather and debris, windshield wipers are essential for clearing ice, snow, and sleet out of the way. Give them a test and determine if they have enough padding on the wiper blade. If it is below half or scraping your windshield, visit your local service center to have a new set installed. For vehicles with rear wipers, check them, as well. 

How is your battery? 

While you are at the service center, have them inspect your battery life and determine if it is operating at full power. If it is operating less than 75 percent of its potential, go ahead and have it replaced. The cold weather in Ohio has the ability to weaken batteries substantially that is already gradually on the decline. 

Have your oil changed soon

Unless you had your oil changed in the last three months, it is a good preventative practice to go ahead and have the oil changed in your car. Having strong and fresh oil going into the winter will give your engine maximum performance and the ability to stand up to cold temperatures and a winter environment.

Have the auto insurance you need

At Associated Insurance Agencies, Inc., we offer our clients in the Westerville, OH area auto insurance that will meet all of their insurance needs. Feel free to use our online rating tool for your personal quote or give us a call today.

Homeowners Insurance – How Much Do You Need

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Your home is where you feel safest, and if anything devastating were to happen, you’d want your insurance to cover the damage quickly. So, don’t make the mistake of getting too little insurance when buying your home. If you’re in Westerville, OH, the friendly staff at Associated Insurance Agencies Inc. will help you decide what type of insurance would help cover your home.

How To Determine What You Need

Homeowners insurance is for protection for you just in case the worst happens. You’ll need to get enough insurance to cover the cost to replace your home if your home is destroyed. Several factors determine the replacement cost. The first is the cost that you paid versus how much your home is worth. If you’ve remodeled your home, the insurance company will take that into consideration. If you’ve added rooms or built a deck, this will be taken into account. You will also need to take a look around and determine how much your personal belongings are worth. 

Additional Things to Consider

You may also need to get additional living expenses if your house is unlivable after a disaster. If you run a business from your home or had renters, homeowners’ insurance may reimburse you for your lost income.

Liability coverage can range from $100,000 to $300,000, but lawsuits can quickly rise above that cost. If you have a pool, dog, or children, you may want to add extra liability coverage to protect you if someone is injured due to any of these items.

How to Prepare for Insurance

First, take photos of your items and videotape any new or remodeled spaces. Next, stop in the offices at Associated Insurance Agencies Inc. in Westerville, OH. The independent agents will help you with your homeowners’ insurance policy and find you a quote.