Imagine you finally buy your dream project. It’s an old hotel but it’s right on the beach and it’s already got tenants in it. With the right remodeling you’re sure you can capitalize on the appeal of a beach bungalow with the growing population of hipsters driving around in their range rovers thanks to the exploding local economy. The place has some work that needs to be done to make it into your dream beach pads and you have little to zero experience in remodeling. After going through the units, you quickly realize there is water damage in some units on the ceiling. You know you’re going to have to have the roof fixed to stop the leaking ceiling. You figure you need to fix the roof first before you can move on to the next step because the water is damaging everything else. You make a few phone calls and get a few quotes and you pick one.

Hopefully the one you picked is insured. Without insurance the property owner is doing more than taking a risk.

You need a commercial auto policy or business auto policy if you use the vehicle in your business operations. Examples are transporting tools to and from jobsites like a plumber's van, haul construction debris, use truck to tow a trailer used in business operation, transport good for a fee, deliver company products, employees regularly using the vehicle for business purposes, and the vehicle is registered to the company name. The commercial auto policy is also needed when higher limit of liability limit is required, usually if you are bidding for a job. Personal auto insurance can cover up to 300,000 liability per accident but commercial auto can cover you up to a million dollars.

When you purchase a general liability policy there is always a policy limit that the insurance company will pay. For example, if you have a liability insurance policy on your vehicle with a $75,000 limit and a judge or jury decides you caused damages of $1,000,000 the plaintiff will take the $75,000 from the insurance company and you could potentially be liable for the rest. Insurance companies assume liability for a variety of perils and circumstances that cause injury. Insurance policies typically cover the cost of legal representation and any award of damages in the event the insured is deemed to be responsible for paying. However, there is a limit that insurance company agrees to assume liability.

Welcome to our new insurance agency blog!
 
This is our very first post. We're not quite sure what we're going to write about here, but the plan is to create helpful content for customers and prospective clients about information that is relevant to you.
 
We hope you'll come to view this as a top resource for keeping your family and your finances safe.
 
Here are a few of the topics we may be writing about:

• Answers to clients' frequently asked questions.
• Helpful information about insurance shopping.
• Safety and Health Tips and Ideas.
• Local Community Information.

 
Stay Tuned!