Archive | May 2016

Fool’s Gold-What your employer did not tell you.

Many people think that their employer is supposed to provide ALL their family’s benefits, including life insurance coverage for the employee, and maybe even life insurance coverage for the spouse and kids.

Here are some TRUTHS behind group life coverage thru work:

You don’t own it.  The company you work for owns it.

You don’t control it.  Has an employer ever changed their benefits plan? Did they consult you first?

You don’t get to take it with you. Will you work at this job forever?

Insurance Tip: Sit down with an agent and figure out the exact amount your need to cover your family correctly.  This is YOUR responsibility NOT your employer’s. Make sure you cover 10-12 times your income OR 5 times your income + paying all your debts.

As always if you would like to review all your options call or email and we can talk over the phone or set up a face to face meeting.  We are here for you!

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Contractor’s Insurance? Yes we can help!

Combining insurance coverage in one policy generally leads to a better value, and we help contractors every day create an attractive insurance package for helping insure their small business.

For contractors–primarily HVAC, landscapers, painters, plumbers, electricians, carpet installers/carpet cleaners, we have a policy that is especially attractive.

A lot of insurance “brokers” offer just liability insurance for contractors, but our policies include tools and equipment and more.

For example, our policy even covers theft of a contractors’ supplies.  For example: a HVAC company buys a new furnace or AC puts it in their shop.  The shop is broken into and the unit is stolen.  If they have our policy the first $3,000 of protection comes automatically, but you can increase it up to $100,000 of coverage.

The protection doesn’t end there.

A lot of contractors work out of a den or third bedroom in their house, but a typical homeowner’s insurance policy won’t cover anything to do with a business.  If there is theft, water or fire damage, our policy covers $2,500 automatically, and it can be increased if needed”

The convenience factor is huge.

If a contractor has company vehicles, a lot of insurance carriers have separate liability for commercial vehicles, a separate policy for tools and equipment,  a separate general liability policy, and a separate worker’s compensation policy.  What we can do is package it all together; we can also provide them a contractors bond if they need that too.  We keep in all in house so they have 1 central point of contact for all their insurance coverage.

Does the best coverage for your business matter to you? Of course it does! Call 816-795-5977 or email jolson3@farmersagent.com today to see how we can help you customize the best package and lowest premium for your business.