Why Consider Umbrella Insurance?

A small businessman stands looking up on a red open umbrella offered by a giant male hand. Unexpected assistance. Business support. Corporate insurance.

You’ve worked hard to earn your lifestyle. Consider adding additional liability protection to your Florida area Auto, Home, Renters or Condo policy. Personal Umbrella Liability coverage added to your other policies can protect you, your spouse and any relatives living in your home for $1 million or more.

Umbrella Protection

Umbrella Insurance provides extra protection or limits above the liability insurance you currently have. Just as an umbrella protects you from heavy rain, an umbrella insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella insurance can provide limits above your business insurance, personal auto and home policies.

Florida umbrella insurance provides broad insurance beyond traditional insurance. It provides additional liability coverage above the limits of your primary insurance policies. It can also provide coverage for claims that may be excluded by the primary policies

It is true that personal umbrella insurance may not be for business or individual, but if you are a business, wanting to protect your company’s resources, building financial resources for your future, are a professional, own your home, boat or recreation vehicle, you should consider an umbrella insurance policy.  Having the added protection of an umbrella insurance policy is coverage no one should go without. Call us today, for a free review.

High Net Worth Individuals

Do you own a boat, second home or have other expensive toys? Often high net worth individuals need higher liability limits to protect personal assets. A simple rule is, the more you own the greater risk you may have of losing it. The nice thing about an umbrella policy is that it is competitively priced. Usually, it costs about $300 per year for each $1,000,000 increment of insurance that you buy, and it can bring you great piece of mind.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Amberg Insurance has been voted BEST INSURANCE AGENCY and BEST AGENT by the residents of Charlotte County and Harbor’s Hottest Insurance Agency by Harbor Style Magazine.

Florida Life Insurance Update

Use An Agent To Shop For You – We will Shop, Compare, and Bargain.  Once you have decided on the type of coverage you need, don’t just sign up for the first plan that crosses your path. Let us review the options and terms so you make an educated decision. This will help you to get the greatest coverage at the lowest possible price.

Opt for Term Life Insurance – The quickest way to lower your life insurance premium is to opt for a Term Life Insurance policy instead of a whole-life policy. The idea is to keep insurance as what it is, and not turn it into an investment product. Thus, you can get yourself insured under a Term Life policy at a fraction of the cost of a whole-life scheme with typically the same coverage amount. However, do not forget that Term Life Insurance covers you only for a pre-defined period of time.

Keep yourself Fit – Be a low risk proposition for your insurance provider by maintaining a healthy lifestyle and keeping yourself free from addictions such as smoking, drugs, and alcohol. A good health record will result in considerable reduction in your life insurance premiums.

Consult an Independent Insurance Agent – To reduce your life insurance premium, the easiest thing you can do is to consult a good Insurance agent. Since the agent will be a pro in the insurance marketplace, he/she would be able to get you to the most affordable deal in line with your coverage requirements. A good independent insurance agent will compare different market rates for you and will also negotiate the best rates on your behalf.

Start at a young age – Insure yourself at a young age. Life insurance premiums at a young age are only a fraction of what they will be when you are well into your middle-age. The premise is young and healthy people are the lowest risk segment. The low mortality risk is a great incentive for insurance companies to insure you at lower premiums

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Next month we will cover Universal Life

 

Home Security Innovations

There is no question; not only has technology made our lives easier, but it is also keeping us safer and helping to keep insurance premiums lower. Let’s look at few ways technology has helped with your homeowner’s insurance.

These technologies can help lower your homeowner’s insurance cost. Many of these can be controlled through your smart phone, which gives you control no matter where you are.

Geofencing. This emerging security technology gives peace of mind by creating a virtual bubble around your home. When you’re out of the security bubble, you’ll default to “away” mode. If there’s movement within the bubble while you’re away, you’ll get a push notification.  

Smart Plugs or Outlets – Smart plugs, also known as smart outlets, can provide peace of mind if you wonder whether you remembered to unplug the coffee pot or the iron before you left home.

Sprinkler Systems – Home fire sprinkler systems are becoming very common in larger homes, and many new building codes require them in some homes. These systems are designed for new construction, but retrofitting costs are coming down as technology improves.

Leak detection systems for water heaters and gas lines – Many of today’s home security systems are designed to detect leaks, furnace failures, and other common household problems.

Smart Locks. No more worrying about forgetting to lock the door. With a tap of your mobile device, you can lock and unlock your home from anywhere. You can also program smart locks to automatically lock whenever you leave your home — reducing the chance of an incident. 

We are committed to providing clients with the highest quality insurance plans available combined with some of the lowest possible rates. Whether you are shopping for auto insurance, home insurance, life or business insurance, we can help you obtain the best coverage available with the lowest rate possible. 

All of us truly value the long term relationship with our clients, and are proud to give families, individuals and businesses the personal attention required when it matters most. When claims arise, we realize that it can be very stressful and will do everything possible to assure timely and complete recovery.

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

Social Distancing and Summer Fun

We are living in a new world, and it requires a new way of thinking about summer activities.  Many large events have been cancelled, and vacation plans have changed, but you can still have a great time with your family and friends this summer.

Social Distancing Fun:

  • Camp in your own back yard
  • Travel to the beach if it is open
  • Take a hike
  • Take a picnic to a lake
  • Enjoy an outside movie night
  • Host a virtual game night
  • Go fishing
  • Update your backyard
  • Complete home improvement projects

Remember To:

  • Wear a mask if it required
  • Wash your hands
  • Maintain social distance.  As you go about your life and errands, do your best to keep a distance of 6 feet

Who knows how long we will have to practice social distancing during the pandemic, but at least with these suggestions, you can still have fun while maintaining your six-foot bubble.

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

RV Insurance 101

Class C Motorhome ( Rear ) – Campsite. Class C Recreational Vehicle. Recreation Photo Collection.

You probably bought your motor home or travel trailer because it offers the best of both worlds: the ability to explore the world we live in and the convenience of your home each night when you pull over. Motor homes and travel trailers offer a freedom and joy that’s unique regardless of the size of coach or fifth wheel you explore with.

But with this dual benefit also come some increased risks. As a vehicle, your motor home needs some auto-type insurance to protect you from crashes, medical costs and the like while you’re driving on the road. But comprehensive rv insurance needs to also protect you when you have stopped and camped. That means you need insurance closer to what you find in a homeowner’s policy that includes features such as:

Personal liability:

Protection in case someone is injured in or around your RV

Personal property:

Enhanced property insurance that will protect the contents of your RV in case of theft or damage.

Additional living expenses:

Protection that helps pay for your cost of living if you are displaced from your motor home.

Attached accessories:

Another layer of protection that covers your awning, tv antennas or other accessories that might be damaged.

Getting the right recreational vehicle insurance doesn’t have to be expensive or difficult with an insurance expert on your side.

Consider Vacation Liability coverage for when you stop driving and start using your recreational vehicle as a temporary residence. Some policies can include additional coverage for physical damage in Mexico.

Some policies include Roadside Assistance, which has you covered 24/7 in the event of a breakdown or accident. Some will even allow you to upgrade the coverage to include lodging, transportation, and meal coverage if needed.

Our claims service is available 24/7. In the event you have a loss, the insurance companies we work with have skilled claims teams who will work with you to get your RV repaired and back on the road.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Amberg Insurance has been voted BEST INSURANCE AGENCY and BEST AGENT by the residents of Charlotte County and Harbor’s Hottest Insurance Agency by Harbor Style Magazine.

Fire Up the Grill

There are many good reasons to have homeowner’s or renter’s insurance, and here are a few more. In 2019, 18,500 people went to emergency rooms because of barbeque related accidents.  Sixteen percent of home structure fires involving a grill were caused during ignition because something flammable was too close to the grill.  Twenty percent of all reported grill fires were a result of leaks or breaks.  Gas grills account for more home fires overall than do charcoal grills.  Emergency rooms see the use of gasoline on a charcoal grill as the most common error associated with burn cases.

You might think you know all you need to know about barbeque safety and grilling, but here are some reminders.  We want your grilling experience to be fun and safe for the entire family.

General Grilling Safety

  • Never barbeque inside, in a garage, on the roof, or on a second story deck.
  • Never leave your grill unattended.
  • If you are using a charcoal grill, let the lighter fluid soak into the coals a few minutes before lighting them so that any vapors have time to evaporate.  When you do light the coals, stand back.
  • Do not use lighter fluid on hot coals.
  • Open the grill lid before you light it
  • Do not wear loose fitting clothing.
  • Keep an extinguisher outside or close by.
  • Make sure you use the grill 10 feet away from your house.
  • Use the grill close to a water source.
  • Do not let raw meat sit out too long without being chilled or cooked.
  • Always wash your hands before and after handling food.
  • Do not over-indulge in alcohol while barbecuing.

We are committed to providing clients with the highest quality insurance plans available combined with some of the lowest possible rates. Whether you are shopping for auto insurance, home insurance, life or business insurance, we can help you obtain the best coverage available with the lowest rate possible.

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

Are You A High Risk Driver In Florida?

A “high-risk” driver is generally defined by the auto insurance companies as someone who has a higher risk of having an auto accident. Auto insurance companies often see high-risk drivers as undesirable, as they may end up costing a great deal in claims.

Why you may be defined as a high risk driver?

  • You have multiple accidents or tickets during a specific period of time.
  • You have a DUI.
  • You have a serious violation.
  • Any accident that results in a fatality.
  • Driving without a license.
  • Driving without insurance.
  • You drive an exotic car.
  • For whatever reason, your auto insurance has lapsed.

How to get auto insurance if you are considered high risk

  • You may need non-standard insurance.
  • SR-22 insurance for specific situations.
  • Allow your agent to shop auto insurance for you.
  • Determine what auto insurance discounts you may be eligible for.
  • Improve your driving skills.
  • Consider a lower risk car.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

Is Damage to My Business Covered for Loss Resulting From a Riot?

The recent riots in most major cities has prompted us to provide some much needed information regarding commercial insurance and how it interacts with riots and unrest.

Generally speaking, damage to your building and other property due to a riot is a covered peril.  This would include fire, theft, and vandalism.  If you were forced to close your business by civil authority but had no building damage, you may be able to collect for lost revenue, depending on how your policy is written.  Remember, each policy is unique, so call our office for a review.

Property damage caused by rioting, civil commotion, and vandalism are covered under most standard commercial insurance policies.

Glass is usually part of covered property and built into base coverage, as long as it is part of a building or structure (i.e., store windows and plate glass on office fronts).  However, there may be a separate glass deductible.  In some cases, you may need to have a special glass endorsement for coverage to apply.

Businesses that are forced to shut down operations or limit hours due to rioting, vandalism, or civil commotion, and have coverage for the loss of income under business income insurance (also known as business interruption) should be covered.

What If the Fire Department Refuses to Put out the Fire?

Insurance companies generally will not deny a claim because the fire department pulled back for safety reasons.  If civil authorities limit or restrict access to a burning building, your insurance will not be jeopardized.

Final Thought

Each policy is unique and all losses are subject to your actual policy terms and conditions. Give our office a call to review your coverage. We are here to help you manage your risk.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Amberg Insurance has been voted BEST INSURANCE AGENCY and BEST AGENT by the residents of Charlotte County and Harbor’s Hottest Insurance Agency by Harbor Style Magazine.

Does Your Auto Insurance Cover Damage Done During a Protest or Riot?

Recently we have seen streets filled with vehicles damaged form rioters.  Damage can be a simple scratch, windshield damage, or even a fire.  The question is, “Are these kinds of losses covered under a standard auto policy?”

It is normal for people to be worried about their cars if they live in an area with active riots.  Insurance coverage that covers acts of vandalism is not part of the auto liability insurance.

According to the industry-backed Insurance Information Institute, this type of damage typically is covered under optional comprehensive insurance plans.  This coverage provides reimbursement for damage to the vehicle and its contents caused by fire, falling objects, vandalism or rioting.  Approximately two-thirds of policyholders have this coverage.  However, each policy is different so the actual coverage will depend on your individual auto policy terms and conditions.

A Few Things to Remember

  • If the damage is covered it will be subject to your policy deductible.
  • You should report the claim as soon as possible, especially if someone was injured.
  • Windshield or glass claims are often covered on a first-dollar basis with no deductible.  However, they can also contribute to increased rates.
  • Collision coverage may apply if the vehicle was moving during the time of the damage.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Amberg Insurance has been voted BEST INSURANCE AGENCY and BEST AGENT by the residents of Charlotte County and Harbor’s Hottest Insurance Agency by Harbor Style Magazine.

Florida Disaster Insurance

flash-731488_1920Can You Live Without Disaster Insurance?

Human caused disasters and natural disasters occur in every state. Florida has hurricanes and flooding, California has earthquakes and wild fires, Colorado has flooding and wildfires, the Northeast has winter storms and high winds, Florida has flooding and hurricanes, and the Midwest has flooding and tornados.

Homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it. Florida Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.

Insurance And Disasters

It is safe to say that most business and homeowner’s insurance policies do not cover the risks associated with disasters. The only exception would be damage caused by wildfires. Let’s look at how insurance might apply to other disasters.

  1. Floods— Only 13% of U.S. homeowners had flood-insurance policies last year according to the Insurance Information Institute, a trade group. Flood insurance must be purchased through the National Flood Insurance Program. We can help you if you need the coverage.
  2. Hurricanes— Most property insurance policies provide coverage for losses resulting from hurricanes, except for flood loss associated with the hurricane. If you live in a high wind area, you will need to have a separate policy to cover your home and personal property.
  3. Mudslides— A standard home insurance policy does not protect your home against damage caused by a mudslide. Mudslides are usually defined as ground movement. Heavy rains that cause a mudflow would typically be covered.
  4. Heavy Rain and Storms— Winter storms and snow damage is covered under a typical homeowner’s policy. If flooding occurs, then the flood damage would be covered.
  5. Hail— Most homeowner’s insurance policies provide coverage for losses resulting from hail.
  6. Wildfires— It can be safe to say that all homeowner’s insurance covers loss resulting from a fire. Wildfires are considered a fire and would be covered.

Coverage disclaimer–the information provided here is for general purposes only. It is not our intent to change or modify insurance coverage. Each insurance policy is different and your individual coverage will be determined by the terms of your insurance policy.

By having an office in North and South Charlotte County, we can provide convenient and timely service to our clients. We would appreciate having the opportunity to serve as your insurance Agent for your personal and/or business needs.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.