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. 

When Should You Increase Your Home Insurance Coverage?

It is essential to have the right amount of insurance coverage for your home at all times. The policy you purchase for your home initially may not be enough to protect it if there are changes to the structure or other circumstances that cause the value of the home to increase or change substantially.

Increasing Your Home’s Coverage

If you decide to remodel or even create an addition to your home, you need to contact your insurance provider to begin steps to increase your homeowner’s insurance according to the value of the house once the improvements are completed. This is also true if you plan to add a sizeable separate structure such as a barn, large shed, or even a guest house.

Purchasing The Right Insurance

Not only is getting the right amount of insurance critical, but you also need to have high-quality, comprehensive insurance that is designed to give you the protection you need. If you live around the Commerce, GA area, you should contact Hyman Brown Insurance Agency, Inc. We have skilled professionals that can help you purchase the right coverage, and adjust the amount of coverage in the future as your needs change. They can also help you file any claims you have along the way to make sure you get back to healthy living. 

If you are a resident living in or around the Commerce, GA area, call or stop by Hyman Brown Insurance Agency, Inc. to get more information about different coverage options. Our helpful insurance professionals can work closely with you to help you avoid coverage gaps and keep you informed about terms and conditions of insurance policies.

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 are the Auto Insurance Requirements for Georgia?

When you are looking to get a new car, understanding your auto insurance needs is very important. There are several factors to consider when determining what your auto insurance requirements are for the new vehicle.

State Auto Insurance Requirements for Georgia

For those that are in the Commerce, GA area, the first factor that needs to be understood is what your requirements are per state law. In the state of Georgia, you will need to have the minimum level of liability coverage in place at all times. This means you will need to have property damage liability coverage of $25,000 plus bodily injury coverage of $25,000 for each injured person, with a $50,000 cap per incident.

Auto Loan or Lease

While there are some basic requirements that are set forth by the state for people in Commerce, GA, there are other factors to consider as well when you are looking at auto insurance policies. One of the most important factors to consider is whether you have insurance requirements in your loan or lease.

If you have a loan or lease, you will likely need to have additional collision and comprehensive coverage on your policy. This type of coverage will give you additional protection for a variety of items including protection against vandalism, theft, and being in an accident with someone that does not have coverage. Lenders and lessors will likely require you to have this coverage since the car is their collateral.

When you are trying to figure out what you need to get in terms of auto insurance, you should contact the Hyman Brown Insurance Agency, Inc. When you speak with Hyman Brown Insurance Agency, Inc., you will get a full understanding of your requirements and what the best level of coverage would be for your situation. Reach out to our agents for more information on how to get started.

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. 

Spring Cleaning Tips for those around Georgia

Spring has sprung, and for many, that means giving your home a thorough cleaning. You get to rid your home of any unused items and let the fresh air flow freely. If you don’t have homeowners insurance, it’s a good time to get a quote from Hyman Brown Insurance Agency, Inc. We serve Commerce, GA and the surrounding areas to give you options to protect you and your home in the event of a serious incident over spring, summer, or any time of the year. 

Your Closet

Your closet is a huge collector of junk. It’s easy just to shove all of your unwanted items in your closet, so they’re out of plain view. However, when it comes to cleaning, "out of sight out of mind" is a weak rule to follow. Take an opportunity to remove all the items you don’t want and take them to the trash. Form a separate pile for all the things you want to donate. Purchase storage containers and use them to store the items you still want. You’ll want to go through your clothes, shoes, and accessories, too. Get rid of anything you don’t wear and think about organizing your clothes based on color and style. Take time to sort all of your receipts and old bills. Anything that’s not relevant right now needs to be thrown out. 

Your Garage

Your garage is probably the most cluttered area of your home. Take advantage of the nice weather and start getting rid of all of the items you don’t use. Anything you haven’t used in the past few years are probably items you won’t use in the next few years, so get rid of them. 

Contact Hyman Brown Insurance Agency, Inc., serving Commerce, GA, and the surrounding areas, by calling or visiting our offices to receive a quote for a homeowners insurance policy this spring. 

 

Three Reasons Why You Should Have Renters’ Insurance

When you rent a home or apartment, there are many things that you won’t have to worry about. Paying the mortgage, home maintenance, and other tasks are usually the landlord’s or homeowner’s responsibility. But it’s vital to keep in mind that although your landlord is responsible for owning that property, that doesn’t mean you’re covered for whatever happens to it. 

In this day and age, you never know what will happen to your home or apartment. And if you’re not covered by renters’ insurance, you might be forced to pay for damages out of your own pocket. Whether you rent your residence in Commerce, GA or anywhere in the United States, having renters’ insurance is key to staying protected. 

Below you’ll find three reasons why you should have renters’ insurance:

Liability Coverage

This insurance component has you covered when you are at fault for damage to the property or in the event someone is hurt on the property. If you have renters’ insurance, you usually won’t be responsible for all the medical expenses involved.

Personal Property Coverage

Let’s say you just bought the newest television on the market, or you purchased an expensive couch. If those were ever damaged accidentally or even stolen, you wouldn’t get any reimbursement if you don’t have renters’ insurance. This policy even protects your personal belongings from fires, storms, and other causes. 

Living Expenses

If something ever happens to your residence, whether fire, hail, or any other cause, you’ll need money for a hotel and other expenses. If you don’t have renters’ insurance, you’ll have to pay for all of this out-of-pocket. 

Call the Experts at Hyman Brown Insurance Agency, Inc. 

Dealing with insurance policies can be confusing. With so many options, it can be hard to understand. But by fully acknowledging the risks involved with renting a home or business, you’ll soon realize the importance of renters’ insurance. For all of your insurance needs in Commerce, GA and the surrounding area, reach out to Hyman Brown Insurance Agency, Inc. today!

Is Buying Umbrella Insurance a Good Idea?

Having adequate insurance protection is important for everyone trying to protect investments and their finances. For those that are in the Commerce, GA area, being properly covered for liability is extremely beneficial. There are several situations in which buying additional umbrella insurance will protect your livelihood.  

You Have Assets that Need Protection

One situation in which having umbrella insurance would be beneficial is if you have a lot of assets that need protection. If you have a lot of liquid assets, and this becomes public knowledge, you are more at risk of being sued for a large lawsuit that is over your base liability coverage. In these situations, it would be an excellent option to have an additional umbrella insurance policy in place. If you are targeted in a liability lawsuit, the umbrella policy will limit your exposure, and your insurance company will help negotiate a settlement.

Increased Liability Risks

Another factor to consider when thinking about getting umbrella insurance is whether you have increased liability risks. Depending on your personal situations, you could be more prone to accidents or other types of liability. For example, if you have teen drivers, operate your own small business, or own rental properties, many different situations could arise in which you could be found liable for another party’s medical bills or property damage. If you do have a higher risk of being sued, having the excess umbrella insurance will be the deciding factor when it comes to paying out of pocket.

If you are shopping for a new umbrella insurance policy in the Commerce, GA area, please reach out to the agents of Hyman Brown Insurance Agency, Inc. Our agents can help you better understand your insurance needs and get you started on an insurance policy. Hyman Brown Insurance Agency, Inc. wants you to be prepared when the unthinkable arises.

How To Choose The Right Auto Insurance

Most drivers in Athens and Commerce, GA deal with some sort of stress about choosing the right auto insurance. The proper auto insurance is a combination of company, agent, and policy. The following are guidelines for the critical areas of these three major factors.

Policy

The state of Georgia requires that all drivers in Commerce, GA and throughout the state have a minimum coverage. The minimum bodily injury liability is $25,000 per person and $50,000 per incident. A minimum of $25,000 property damage liability is required. These limits are not negotiable and are set by the Georgia Department of Insurance.

There are additional types of auto insurance coverage that fit individual circumstances and automobiles. Liability does not cover all costs involved in an accident.

The additional coverage includes collision insurance that pays for damage to your car, comprehensive coverage that includes things like theft and natural disasters, medical insurance that covers medical bills that result from an automobile accident, and funeral insurance that covers the cost of a funeral that is made necessary by an accident.

Insurance that covers damage to your car from an uninsured driver is also available. You may need insurance that pays for a rental car while your car is being repaired.

Agent

An agent is a guide. Most people do not understand all of the terms involved with auto insurance. A good agent will take the time to explain the details of all types of coverage. A great agent knows when to let you decide what you need. Hyman Brown Insurance Agency, Inc. prides itself on having collected a group of great agents.

The Company

A company that represents all major brands of automobile insurance equally with no preference for any brand is what you want. Hyman Brown Insurance Agency, Inc. has been providing people with a choice in automobile insurance for 55 years. Experience always helps a client. 

If you are looking for a new auto insurance policy or want yours reviewed, please reach out to our offices to speak with an agent. Also, try our online rating tool for quotes on car insurance.