Does Commercial Insurance Cover Patron Injury?

 Commercial insurance is something that all business owners need in order to make sure that their business, their patrons and their employees are all safe. That being said, commercial insurance covers more than you might imagine and taking the time to find out just what your policy covers is a must. For those in the Commerce, GA area, the agents with Hyman Brown Insurance Agency Inc. can help you to find the policy that works for you.

Commercial insurance does cover the cost of injury to your patrons. Commercial insurance is put in place to help make sure that if something does happen, you are able to fall back on that coverage to help cover the costs rather than having to pay for it out of pocket. Commercial insurance covers injury to your patrons but only if the injury is an accident and not out of neglect on the part of the business owner. If you are aware that there is an issue and you do not remedy it, you are liable for the injury and must pay it yourself. If the injury is accidental, you will be able to get coverage from your policy.

You can choose different coverage types, levels and more to help make sure that you are fully covered and that your patrons are protected when they come to your business. A good commercial policy is the best way to make sure that you are covered and that if something does happen, you are able to recoup your losses and get everyone back in great shape. For those that are in the Commerce, GA area, the agents with Hyman Brown Insurance Agency Inc. can help you to find the policy that works best for you and that is going to protect your patrons most.

3 Reasons You Need Boat Insurance in Commerce, GA

There’s no question that owning a boat can bring quite a bit of enjoyment to your life. However, because a boat is also a liability, it’s important to insure it to be certain you are fully protected in the event of an unforeseen issue or accident. The top reasons it is a good idea for you to purchase boating insurance from Hyman Brown Insurance Agency Inc. serving Commerce, GA can be found here.

Theft or Fire

Just like cars, boats can be stolen. If your boat is stolen or if it catches on fire, and you don’t have insurance coverage, you have no recourse to recover your losses. If you are still paying on the boat, you will have to continue to do so without the ability to replace what you lost. Insurance makes sure you and your boat are protected and minimizes significant losses related to theft or fire.

Boating Accident

Another reason to have boating insurance is to protect yourself in the event of a boating accident. Boating accidents can be severe, but all this is based on the type of boats involved, speed, and where the impact occurred. Insurance will protect you for damages to your boat, as well as other people’s property if the accident was your fault.

Physical Injury

If you own a boat, and take others out on it, you may be held liable if they suffer an injury while on board. This is something that a quality boat insurance policy covers. As you can see, there are several reasons to invest in boating insurance. If you need more information, contact Hyman Brown Insurance Agency Inc. Our professionals can help you get the coverage needed in Commerce, GA.

Does Your Car Qualify to Get Classic Car Insurance?

Do you have a classic car model, or think you have what could be considered one? If so, read on to learn how you can tell if your car will qualify for classic car insurance. You need all the coverage you can get when it comes to your prized vehicle in Commerce, GA from a trusted company like the Hyman Brown Insurance Agency Inc.

The Type of Vehicle 

Your car needs to be in one of three categories to qualify for classic car insurance:

  • Veterans – a car that was created on or before December of 1904
  • Edwardian – a vehicle manufactured sometime between January of 1905 and December of 1918
  • Limited – those vehicles that are a special interest, rare, or limited edition models

Be aware that not all those models produced in the early 1970s are considered classic. This only includes 2-door sports cars, specific 4-door sedans, vehicles that have unique shapes or big block V8 engines, foreign sports cars, and convertibles. 

Age Limitations

Most states require that a car is at least 15 years old to be counted as classic. States such as Massachusetts require that the vehicle is at least 25 years old. Some providers will offer coverage on cars that are less than 15 years old, such as ones that are incredibly exotic or rare. 

Usage of the Vehicle

Your car should not be used as your primary means of transportation. If you are using it on a daily basis, the value will depreciate and it will no longer be considered a classic car. Typically, there is a mileage restriction of about 5,000 miles per year. 

Background of the Driver 

Besides the age of the car, the age of the driver is important. Only individuals who are at least the age of majority may receive this auto coverage. Driving history and experience of the driver also are a part of the equation. 

Storage 

There are strict storage requirements for classic vehicles. For one thing, it must be parked in a highly secure, designated garage. Companies tell classic car owners to keep their classic vehicles in car storage facilities that are designed for securing car collections. 

Reach out to learn more about classic car insurance from the Hyman Brown Insurance Agency Inc. We’ve been serving the Commerce, GA area for several years, and would be pleased to assist you. 

Who will require commercial insurance?

Business owners have many different important decisions that need to be made. One important decision that you will need to make comes when you are shopping for a commercial insurance policy. While some owners may try to avoid paying for commercial insurance to save money, maintaining this coverage is often a requirement. If you do have your own business, there are a variety of organizations that will require you to have commercial insurance at all times. 

State

One organization that will require business owners in Commerce, GA to carry commercial insurance is the state. Similar to other states, Georgia will require you to carry workers compensation insurance to protect your staff. When you have this type of coverage, your employees will receive coverage if they are hurt while they are working for your business.

Lender Requirements

When you have commercial insurance, you will also be satisfying requirements set forth by your lender. If you have taken out a loan to finance part of your business, the lender will require that you carry commercial insurance at all times. Lenders require commercial insurance as it helps to ensure you are able to remain solvent if you are sued and it will protect their collateral.

Customers

Today, depending on the services you provide, your customers could require that you have commercial insurance before they accept your bid. This gives customers comfort that you will have insurance backing in the event you make a mistake and cause a financial loss when performing services. 

When you are shopping for insurance for your business, you should contact Hyman Brown Insurance Agency Inc. to learn more about your needs and options. The Hyman Brown Insurance Agency Inc. has helped many Commerce, GA businesses get into insurance policies that work right for them. 

Why Renter’s Insurance Protects Landlords As Well

Residents of Commerce, GA who own property may not require their renters to purchase renter’s insurance policies. This mistake is one that can be very costly if something happens to a renter’s home. Therefore, we at Hyman Brown Insurance Agency, Inc. believe it is important for landlords to understand how renter’s insurance protects them as well as their renters.

Landlords May Have to Pay Some Relocation Costs

When a renter’s home is destroyed or damaged unexpectedly, a landlord may find themselves having to pay for their renter’s relocation costs. This need typically varies depending on the statutes of the state and the type of insurance policy the landlord owns. Unfortunately, their policy may not cover all of a tenant’s needs and open them up to lawsuits. Even if these lawsuits aren’t successful, they can be distracting and expensive to defend.

Renter’s Insurance Helps Prevent This Problem

Landlords who don’t want to suffer from this issue should encourage – or require – their renters to purchase an insurance policy for their home. These policies typically cost very little for the renter and can even be built directly into the rental cost to decrease their payment difficulty.

These policies will provide a renter with relocation costs, especially if the landlord’s policy no longer provides coverage. These benefits can help not only the landlord but the renter as well. Rather than getting into an annoying court battle, they can simply move on with their lives.

Finding Great Renter’s Insurance Policies

So, if you are a landlord concerned about having to pay for your tenant’s relocation costs in or around Commerce, GA, you should work with us to find great renters insurance policies. Contact us at Hyman Brown Insurance Agency, Inc. to learn more about these coverage options and which of them are right for your specific building and apartment complex needs.

Why Umbrella Insurance? Because You Never Know

Planning for the unexpected and unforeseen is hard. The right coverage and the right plan can make it less difficult to be prepared for the unknown, however, which is why umbrella insurance makes sense. Accidents are going to happen, and damages will also need to be dealt with from time to time throughout the course of our lives. Regardless of our efforts, our focus on being safe at work and play, and our preventative measures, we can’t account for everything and even when we do – some things are simply unpreventable. It doesn’t matter if you live on Mars or in Commerce, GA, accidents will happen.

The Safety Net You Need

Most people typically purchase an insurance policy with the obvious in mind. It is the consequences of those accidents, the aftermath of the unpreventable, and the secondary damages that often don’t or can’t be accounted for – outside of a safety net of course. In the insurance world, that safety net is known as the umbrella and umbrella insurance is there for all the things you didn’t see coming. The friendly professionals at Hyman Brown Insurance Agency, Inc. have seen many crazy things – and they are still surprised today at the unpredictable nature of accidents they find in the claims they handle. That is also why they are qualified to help you figure out what umbrella you might want the next time it rains without warning.

Serving Commerce, GA, and the surrounding areas

The people of Commerce, GA are more than clients, they are family at the Hyman Brown Insurance Agency, Inc., and they look forward to making sure you are prepared, even for the unknown. Contact us to find out how umbrella insurance can better protect your home or vehicle because you never know what might happen. 

3 Tips for Buying Commercial Insurance in Commerce, GA

Protecting your business in Commerce, GA should be a top priority. While you may have installed quality locks on the doors, and a high-tech security system – there may still be something missing. If you don’t have the right type and amount of commercial insurance, you and your entire business could be at risk.

The good news is that with the help of Hyman Brown Insurance Agency, Inc., finding and purchasing the right insurance for your commercial business is not an issue. Keep reading for some tips to help you with this important process.

1. Bundle Your Policies

As a commercial business owner, you are going to need several different types of insurance. Some of the most common include general liability insurance, workers’ compensation insurance, and if you have vehicles used by staff, you will also need commercial auto insurance. There’s no question that all this coverage can add up quickly. A great way to help reduce your costs is by bundling your policies. This can help you save hundreds or even thousands of dollars on your premiums each year.

2. Compare Quotes

Another great step to take when you are trying to purchase commercial insurance is to compare quotes. Today, getting an insurance quote online is fast and simple. Be sure to do this before you make any purchase decision.

3. Work with a Reputable Agent

You don’t have to try, find, and purchase your commercial insurance on your own. Working with a quality agent can help you get the coverage you need for a price you can afford.

When it comes to buying insurance for your business in Commerce, GA, be sure to use a reputable company. Hyman Brown Insurance Agency, Inc. is here to help and will ensure you get the policy that you need.

Is Renter Insurance Really That Necessary?

Whether your home is an apartment, townhouse, condo, or single-family home, if you are renting, you definitely should have renter insurance with adequate coverage. Here are some details that help you understand why renter insurance is necessary, courtesy of Hyman Brown Insurance Agency, Inc., serving the Commerce, GA area. 

Alleviating Loss

If property is damaged in some event like a fire or severe storm, renter insurance can provide excellent coverage, depending on the particular policy and what it provides. You do not want to risk being faced with a disaster like that without insurance coverage. Renter insurance is necessary not just for your peace of mind but for very practical reasons.

Required by Property Owner

Many apartment complexes and other property owners require every resident who is renting from them to have renter insurance, and they even require renters to provide proof that they have renter insurance. So in those instances, renter insurance is necessary. Be able to satisfy landlord requirements by having proper renter insurance coverage.

Financial Risks

What if you do not have renter insurance? Are you prepared to pay out of pocket for potentially thousands of dollars worth of expenses that arise when a disaster strikes that affects your belongings? The answer is probably "no." Renter insurance helps you prevent severe financial hardship, and you do not want to take a chance on experiencing a disaster without adequate coverage.

Do you have any questions or need more information about renter’s insurance? We can help you figure out what you need when it comes to this important type of insurance. Feel free to contact Hyman Brown Insurance Agency, Inc., serving the Commerce, GA area. 

What Risks Are Covered By Umbrella Insurance?

Hyman Brown Insurance Agency, Inc. in Commerce, GA offers insurance policies that protect its clients from the loss of their assets. Liability insurance protects the insured against third-party insurance claims such as automobile accidents. The payments are typically paid to individuals who are suffering from an injury or personal property damage. Damages related to a breach of contract or caused intentionally are not covered under liability insurance.

An insurance claim should be filed if a significant incident takes place. The insurance carrier must defend the insured from any insurance claim or lawsuit seeking damages. The policy limits generally are not affected by the cost of the defense. However, it may turn out that the cost of the defense is higher than the insurance policy allows, especially if the claim is caused by significant damage or high medical bills.

If an injury results in a $500,000 claim and the bodily limit is $300,000, the insured will face $200,000 of personal liability above the limits of the insurance policy. An umbrella policy would cover the amount over the limits of your liability insurance policy.

An umbrella insurance policy includes extra liability insurance. The plan will protect the insured from significant insurance claims including the amount of a lawsuit if the insured is found liable. The umbrella policy will automatically be put in force once the limits of the liability policy are exceeded, which will help avoid the liquidation of such assets as bank accounts, investments, garnished wages, and tax returns. An umbrella policy can also cover those excluded perils of your general liability policy such as false arrests, liability coverage on your rental units, libel, and slander.

Hyman Brown Insurance Agency, Inc. in Commerce, GA will provide you with an umbrella policy that fits your lifestyle. Please call for more information and a quote!

What is Covered Under a Commercial Insurance Policy?

What is a Commercial Insurance Policy?

If you are in Commerce, GA or the surrounding areas, having a commercial insurance policy for your business is imperative for the longevity of your company. A commercial insurance policy offers protection for your business and limits your risk of liability for damages and claims. Those damages include lawsuits, injuries, and advertisement claims- but not workers compensation.

You can also add additional insurance on top of your commercial policy to add a safety net of funding to pick up where your commercial policy caps. This additional insurance is often recommended for bigger companies that are more prone to consumer and employee claims, which include workers compensation insurance, injury because of negligence, and punitive damages. Hyman Brown Insurance Agency, Inc. serves the Commerce, GA community and can help you find the right commercial insurance coverage for your business.

What is Covered by a General Commercial Insurance Policy

Doing business takes considerable risk. Thus, having liability coverage under a commercial insurance policy will protect your business- and its employees- from injury claims and property damage. A general liability commercial policy will cover legal expenses, settlements, and judgments. There will be limits on coverage provided by your general policy, which is where additional coverage would take over.

General liability insurance will cover all legal fees and medical expenses that are the result of a lawsuit, company investigation, judgment, or settlement. Coverage includes accidents that occur on your premises or because of advertising, as well as products that cause bodily injury or harm to a consumer or employee.

Hyman Brown Insurance Agency, Inc. is well-versed in commercial insurance policies and our professional and experienced agents are here to help you. Contact us today to learn more.