Commerce GA

Three things to know about boat insurance and land risks

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One important consideration for boat owners is boat insurance coverage. At Commerce Insurance Agency, we can provide boat owners in Commerce, GA with the insurance solutions they need.

The following are three things to know about boat insurance and land risks for those looking to insure their watercraft.

A boat insurance policy can provide coverage for your boat when it’s not in the water.

As a boat owner, it’s important to be aware of certain land risk limitations that go along with your boat insurance policy. Some policies don’t include any coverage for a boat when it’s out of the water. Other policies may include some coverage.

If your policy doesn’t include coverage for land risks, you should either add this type of coverage or check out coverage possibilities through other types of insurance you carry. 

Land risks include damage to your boat while it’s in storage.

Perhaps you keep your boat in storage for significant portions of the year. It’s important to realize that your boat could become damaged while it’s in storage. That’s why it’s a good idea to purchase land risk coverage. 

Auto and home insurance can offer some coverage for land risks. 

You should look into your auto and home insurance policies’ details if you’re concerned about land risks for your boat. A lot of auto and home insurance policies will offer some level of coverage for a boat. 

An auto insurance policy might offer coverage for a boat while it is being towed behind a vehicle. A home insurance policy might offer coverage for a boat that’s being stored on the boat owner’s own property. 

Do you need to learn more about boat insurance in Commerce, GA? We’re here to help you at Commerce Insurance Agency. Get in touch with us today to learn more about our insurance policies. 

Why do people in Georgia need home insurance?

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People that move to the Commerce, GA area often would benefit greatly from owning their own property. If you would like to be a property owner in this area of the state, you need to find adequate protection for your home and the property inside it. A great way that people can do this is with home insurance. Having this coverage is a necessity for people in the area for a few different reasons.

Lenders require insurance

A common reason that people will need to have home insurance for their Georgia property is that their mortgage lenders could require it. Those that are in this state will likely take out a loan when buying a home. If this is the case for you, your lender will require that you have a full home insurance policy at all times.

Insurance Gives Peace of Mind

Even if you do not have a specific home insurance requirement, you should still obtain coverage. Those that live in this area will want to have protection as it can offer peace of mind. When you have a proper home insurance policy in place, you will know that you have personal liability protection and coverage for your home. Your belongings will be able to be replaced.

Anyone who wants to buy a home in the Commerce, GA area needs to ensure that they properly insure it. When you are looking for a new policy, it’s smart to call the Commerce Insurance Agency professionals. When you call the Commerce Insurance Agency for information, our team can work with you and discuss your options. We can answer your questions and walk you through the insurance process. It doesn’t have to be a chore to find home insurance.

Can Your Vehicle Type Affect How Much You Pay for Auto Insurance?

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To an extent, insurance rates are based on the type of vehicle you drive because insurance companies use historical trends to determine how likely an accident will occur. As an example, a sports car is likely to have a higher insurance rate than a four-door sedan because the insurance company will have to pay a higher fee to repair the vehicle. Factors including how likely it is that a vehicle is speeding, the cost of repairs, and how likely your vehicle will damage another car in an accident are all included in determining a policy premium. 

In addition to the type of vehicle impacting your auto insurance premium, so too can the features. When you purchase a vehicle with additional options like a navigation system and audio upgrades, it causes the vehicle’s price to increase. Consequently, it isn’t surprising that the more expensive the vehicle and the more upgrades it has, its costlier will be to insure. With that said, purchasing a car with a strong track record for safety and the latest safety features can equate to a lesser premium. 

While it is true that the type of vehicle you drive can impact your insurance premium both positively and negatively, the difference should not deter you from driving your dream car. Ultimately, shopping for the best rate with a professional company like Commerce Insurance Agency can ensure that you aren’t paying more than you need to. Conveniently located in Commerce, GA, the Commerce Insurance Agency prides itself on delivering exceptional service, so give us a call today to schedule a no-obligation consultation.

Understanding Life Insurance

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You hear people talk a lot about investments and protecting their investments. Few people consider their families an investment, though. You have invested a lot of time and money into your family to make sure they have a happy, secure life. What happens to that investment, however, if you pass away? Will your family still be able to maintain that security and happiness? Understanding how life insurance is a protection for this investment is crucial. At Commerce Insurance Agency, serving Commerce, GA, we know how vital it is to have a good understanding of insurance topics so that you can make the best insurance choices. Keep reading to learn more about life insurance. 

How Does Life Insurance Work?

A life insurance policy is a type of insurance you purchase for your family’s benefit if you pass away. If you have a spouse and children or dependents who rely on your income, their lives will be drastically changed financially after you die. The life insurance policy is a financial tool you can use to ensure that your family’s financial needs can still be met after you are gone. 

You will make monthly payments on the life insurance policy while you are alive. Upon your passing, the policy’s value is paid to your family to help with your final expenses and help provide for your family’s needs. 

How Much Life Insurance Do I Need?

The answer to this question will vary greatly from family to family. How much life insurance you need will be based on what your family’s standard of living is. 

If you would like to learn more about life insurance, please call our friendly staff at Commerce Insurance Agency, serving Commerce, GA today. We will be glad to answer your questions. 

What First Time Home Buyers Need to Know About Home Insurance

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They say home is where the heart is. That may be true, but home is definitely where your biggest financial investment is. In fact, for most people, your house will be the biggest financial investment of your life. This is a good reason to make sure that your investment is properly protected and insured. At Commerce Insurance Agency, serving Commerce, GA, we take educating our clients very seriously. You can’t make good insurance choices without good information. Keep reading to find out what you need to know about our home owner’s insurance. 

Why Is Home Insurance So Important?

You will invest a lot of time and money into your house. In addition to financial investment, your house is also critical because it is your residence. If your home sustains damage due to fire, natural disaster, or burglary, you need to know that you can afford to repair or replace your home. Home insurance is there to give you this peace of mind. If your home is damaged, you will be able to bounce back financially, and you will have a roof over your head. 

What Does Home Insurance Cover?

Home insurance policies can be customized, but in general, they will cover a few general areas.

  • Property Damage – Property damage is any damage sustained to your home due to fire, a natural disaster, and even burglary. Your home insurance policy will pay for these repairs so that you are not left to pay these costs. 
  • Liability – Liability coverage is an important type of insurance to have if you are going to own property. If someone is injured at your home or on your property, liability coverage will pay for medical expenses or legal expenses that result from the injury. 

If you would like to learn more, please contact us at Commerce Insurance Agency, serving Commerce, GA.