Residents in the greater Commerce GA area can count on the team at Commerce Insurance Agency for help with all of their insurance needs. Come by our office, or give us a call today to find out more!
Is it time to give your homeowner’s policy a thorough review?
When it comes to protecting your home, few things are more important. A home purchase is commonly the largest investment that a person will make. It only makes sense to make sure that it’s protected!
Many people review their insurance options when first selecting a policy. After that, they simply renew their existing policy year after year without too much thought. Can you relate? If it’s been a while since you have taken a close look at your home insurance policy, now is a great time to do so.
At minimum, having a good review of all of your insurance policies once a year is a great idea. This is especially true with your homeowner’s policy. Home values can fluctuate, especially after a few years. Your belongings may also change. If you purchase high-worth items like art or jewelry, it may be time for a personal articles rider for your policy.
Even in situations where nothing has really changed, knowing what protections your current policy provides will allow you to make adjustments where appropriate. Today is the perfect day to review yours!
Let us give you a hand with all of your insurance needs!
The folks at the Commerce Insurance Agency are dedicated to providing the residents of Commerce GA with the information they need to make informed decisions when it comes to insurance. If you have questions about home insurance, we are here to help! Give us a call or schedule an appointment today!
Understanding what auto insurance coverages are available for you is an excellent way of ensuring that your vehicle is sufficiently insured. Commerce Insurance Agency provides this guide in navigating the common types of auto insurance coverages accessible to residents of Commerce, GA.
Common Types Of Auto Insurance Coverages
1. Liability Insurance
At least some minimal auto liability insurance is required by law in 48 states in the US. In Georgia, the minimal car insurance liability for bodily injury is $25,000 per individual and $50,000 per incident. On the other hand, the minimal property damage liability is $25,000 per accident. Bodily injury liability covers costs related to injury to other people, while property damage liability covers damage to other people’s property.
2. Collision Coverage
Collision coverage takes care of repairing or replacing your car after an accident. Although collision coverage is optional, at Commerce Insurance Agency, we recommend that you get it. This is because, depending on the accident’s severity, paying for your vehicle’s repair can be very costly. Additionally, if your car is totaled, purchasing another car out of pocket can be financially detrimental to you.
3. Comprehensive Coverage
Comprehensive coverage covers your automobile from damage as a result of theft, fire, vandalism, and hail. This auto coverage will repair or replace your car up to its actual cash value. Since cars depreciate over time, this means that the compensation you will get in the case of replacement will reflect the car’s depreciation.
4. Uninsured and Underinsured Motorist Coverage
Getting hit by an uninsured or underinsured driver is not unlikely as you might imagine. The outcome of such an event can be very unfortunate for you because the other driver might to be able to cater to your medical needs sufficiently. The underinsured and uninsured driver coverage will cover your medical bills after such an accident.
Contact Us Today
Are you looking for unbeatable auto insurance deals in Commerce, GA? Call Commerce Insurance Agency today.
Residents in the Commerce, GA area will always have different personal insurance needs. A type of coverage all people here should take seriously is the need and requirement to get a life insurance plan. There are various forms of benefits and value that come when you do get a proper life insurance policy, which can make it a great form of coverage and investment.
Benefits of Life Insurance
Provide Financial Protection for Dependents
A common reason that many people will get a life insurance plan is so they can provide financial protection for their dependents. When there are people that rely on you and your income, it is important you provide them with support if you were to pass away unexpectedly. The use of a life insurance plan is a great way to do this as it will offer an insurance benefit that you can build and curtail to meet your needs.
Conservative Investment for Personal Portfolio
While life insurance is a great way to offer support and protection for your dependents, it is also a good investment option. One popular type of life insurance is whole life coverage. If you get a whole life plan, a portion of your payments will build in an account with interest. This can make it a conservative addition to any personal investment plan as you prepare for the future.
Give Us A Call
There are different benefits that come with having a life insurance policy in place. As you are looking to get the right insurance in the Commerce, GA area, it would be a good idea for you to speak with the Commerce Insurance Agency. The professionals with the Commerce Insurance Agency will give you the right guidance that you need to select a plan that will provide ideal protection and meet your needs.
If you are going to be out riding around on a motorcycle, you are going to need some sort of insurance for it. That being said, it can be quite complicated, if you don’t know what you are looking for. Commerce Insurance Agency in Commerce, GA put together a list of the types of motorcycle insurance that you may want to look into.
Types of Motorcycle Insurance
Liability insurance will cover the medical bills of anyone who is injured while you are out riding. It will also cover the expenses if you damage someone’s property. If you are sued over the accident, your liability insurance will help to pay for your legal fees. This insurance is required before you buy a bike.
You may also want to look into collision coverage. This will pay for damage that occurs to another vehicle while you are on your bike. It will also cover the repairs on your own motorcycle.
If you have a really nice bike, you may want to get comprehensive coverage. This will cover damage that occurs when you are not on your bike, such as fire, theft, and storm damage.
Most companies also recommend uninsured and underinsured motorist coverage. This will protect you if you are in an accident with someone who doesn’t have enough insurance (or any at all) to cover your expenses.
If you have customized your bike, you may want customized motorcycle parts coverage. It will pay more to fix your bike so that it can look like it did prior to the accident.
Since insurance is so complicated, it is a good idea to talk to a professional. Don’t hesitate to contact us at Commerce Insurance Agency in Commerce, GA.
When you invest in insurance, you always want it to come to your rescue in your hour of need. But how can this happen if you have underpaid? Underinsurance is common in America, and most policyholders learn the hard way when filing for a claim. But should this be the case? Absolutely not. Buy the right amount of insurance, and it will serve you optimally when you need it to.
Are you purchasing car insurance in Commerce, GA? Do you know the amount of insurance sufficient for your needs? If not, please hang on as Commerce Insurance Agency guides the amount of car insurance you need.
Meet the state requirements
Like most states, Georgia requires motorists to purchase car insurance to drive on the road legally. All motorists must invest in bodily injury and property damage liability coverage of a combined total of $100,000. You might think that this amount is huge, but it is likely to fall short when faced with significant liability claims. As such, you need to consider higher limits.
How much liability coverage do I need?
We usually advise motorists to carry liability coverage of 100/300/100. However, if your assets and earnings exceed these amounts, we typically recommend you to invest in umbrella insurance for extra liability coverage.
How much comprehensive or collision coverage do I need?
As a rule of thumb, purchase coverage adequate to replace your vehicle without significant out-of-pocket expenses. Only target to pay deductibles as the only out-of-pocket expense when your vehicle is totaled or stolen. Consider “zero depreciation coverage” if you don’t want to get compensation less the depreciation factor.
The above is just a guide to the amount of car insurance needed. If you need more information in Commerce, GA, be sure to get in touch with Commerce Insurance Agency for tailor-made advice.
If you have a young family in the greater Commerce, GA area, you can rely on the Commerce Insurance Agency for all of your insurance needs. Our team is here to help you protect your home, auto, and your life.
Life insurance for young families
When you have a young family, it’s important to plan for the future. Part of that planning should include a life insurance policy to protect your children in the event of the untimely death of yourself or your spouse.
In addition to providing the financial means for burial and other end-of-life expenses, an appropriate life insurance policy can also help in many other ways.
The death of a parent can be difficult at any age, but it may be even tougher for young children. In addition to losing a parent, there may be financial implications that come with a loss of salary. For example, if the main wage earner dies it may significantly alter the financial status of the family.
With a life insurance policy in place, you can ensure that your survivors will have the means to pick up the pieces without having to struggle with finances. Having to move out of the family home, or change schools can create an even heavier burden for children already dealing with the loss of a parent.
Be sure to protect your family, no matter what the future may hold, with adequate life insurance.
Is it time to protect your family with life insurance?
The Commerce Insurance Agency is here to provide our friends and neighbors in the Commerce, GA area with the insurance they need. If you would like to find out more about the life insurance options available in our area, give us a call today!
The team at Commerce Insurance Agency wants to help you protect your home. If you are planning a major renovation or remodel of your house, give us a call today. We are proud to serve the insurance needs of the residents in Commerce, GA.
Planning an addition? Give us a call
Your house is most likely the largest investment that you will make in your lifetime and it makes sense to protect it. If you are planning an addition to your home or will be undertaking a major renovation project, you will likely need to make some adjustments to your insurance policy.
Additions and renovations can significantly increase the value of your home. You will want to make sure that your insurance policy keeps up with that increase. This is especially true if you are updating your kitchen or bathrooms, as those improvements can have a marked impact on the value of your home.
In fact, we advise all of our clients to review their insurance policies at least annually as home values can change. You may also want to have your agent review your liability coverage before beginning a large project at your house. You will want to protect yourself from all eventualities that could cause damage while the project is underway.
Let us help you keep your home protected. Homes are sanctuaries that have a huge impact on our quality of life.
Count on us for all of your insurance needs!
Commerce Insurance Agency is here to help the residents in our greater Commerce, GA area. If you want to make sure that your homeowner’s policy is keeping pace with the value of your house, schedule a policy review today. We are here for you. Call or stop by today!
Commerce Insurance Agency is proud to be part of the Commerce, GA community and help our friends and neighbors with all of their insurance needs. If you are looking for an auto policy, be sure to check that it includes the coverage and features that you want and need!
Must-have insurance coverage for GA drivers
In addition to liability, collision, and medical coverage. Yes, these three types of coverage provide basic protection, but are they sufficient? There are additional types of coverage that may also be beneficial to have as part of your policy:
- Protection from uninsured drivers – this type of coverage is very important as it protects you in the event that you are involved in an accident with an uninsured driver
- Personal injury protection – this can help if you are injured or another party is injured
- Comprehensive coverage – this coverage goes beyond basic policies in order to give you a higher level of insurance protection
In addition to more robust coverage, there are also features available that can help make your life less stressful:
- Rental car coverage – if your vehicle requires repair due to a covered event, this feature can help to defray the cost of alternative transportation
- Roadside assistance – helpful if you ever have car issues or need to have your vehicle towed
Be sure to check with your agent to ensure that you have the coverage you need, not just the minimums required by our state!
Ready to find out more? Call us today!
If you are in the greater Commerce, GA area and need a new or upgraded auto policy, Commerce Insurance Agency is here to help! Call or stop by our office to find out more about the auto insurance options that are available to GA drivers.
Life insurance is more important than many people may think it is since it provides financial security for you and your family in the event of your death. It is especially important if you are the main income earner of your household since your income will no longer be available if you suddenly pass away.
Even if you have a life insurance policy for your employer, you will more than likely need more coverage than that type of policy normally provides. Life insurance will give you a sense of peace in knowing that your loved ones are taken care of no matter what the future holds. The staff at the Commerce Insurance Agency in Commerce, GA is explaining each of the types of life insurance policies that are available to help you decide which one is the best type of policy for you and your particular situation,
Types of Life Insurance Policies
There are many types of life insurance policies available and below is a detailed list of the three most popular types of policies.
Term Life Insurance Policies
A term life insurance policy only pays out if the person who initiated the policy passes away during the term that it is in effect. You can obtain this type of policy for one year or up to 40 or 50 years but once the term expires, there is no more coverage, and you will have to start a new policy. It may cost more in premiums when you start a new policy than the premium you were paying with your initial policy.
Universal Life Insurance Coverage
A universal life insurance policy is the most common one of the three types since it comes with a savings account type of option. This means you can actually borrow money from this policy while it is in effect which means you can pay off debts while you are still alive. This will provide peace of mind for you and your family since you can pay off the mortgage on your home ahead of time or pay off other debts that will lessen the amount of stress your loved ones will experience when you pass away.
Whole Life Insurance
A whole life insurance policy is also known as a permanent life insurance policy. It will pay out a death benefit when you pass away and you get to choose from the three major types of whole insurance policies, including variable universal, universal life, or traditional whole life.
To choose the best life insurance policy for you and your family, you can enlist the assistance of the insurance agents at the Commerce Insurance Agency in Commerce, GA. Call for an appointment today!
If you own a home, you have to deal with a lot of costs. Your utilities, homeowners association fees, property taxes, mortgage payments and mortgage insurance, repair and maintenance costs, and others. Therefore, when it comes to home insurance, many people ask themselves: "Do I really need it? What are the risks of not carrying home insurance?" In order to help you answer these questions, Commerce Insurance Agency serving clients in Commerce, GA prepared a list of risks you may face if you decide to skip home insurance:
It May Be Too Expensive To Fix Your Home
Natural disasters are very common, and they often damage or destroy houses. If you have insurance, you have nothing to worry about because it will cover all the repairs. However, without insurance, you will have to repair or rebuild your home yourself, which could be very expensive.
Someone Can Get Hurt On Your Property And Sue You
If your neighbor or guest gets hurt on your property while visiting you, they may sue you for everything you are worth, including your house. As a result, you may face litigation fees and pay for their medical bills.
You May Lose Your Possessions To Burglary
Someone can break into your home and steal your personal belongings. Unfortunately, this type of crime occurs more often than you think. If you do not have home insurance, or you canceled it, your loss will not be covered, and you will have to cover the cost of replacing stolen items yourself.
If you are shopping for home insurance in Commerce, GA and you are looking for a reliable insurance agency, Commerce Insurance Agency is exactly what you need. We will provide you with the information you need and help you find the insurance policy you deserve. Feel free to visit our website or call us anytime for more information.