Lower Your Commercial Auto Expenses

background-1566507_640A commercial auto insurance review

If your business owns any vehicles, you know the costs associated with them have increased over the past few years.  We are not just talking about the increase in commercial auto insurance.  Many other operating costs have increased including general maintenance, repairs, and fuel.  There are some practical things a business owner can do to help reduce commercial auto expenses.

Business auto insurance

Make sure you train all drivers on the latest safe driving techniques.  In addition, have our agency market your insurance to find the best possible combination of coverage, price, and service.

Service repairs

It is a good idea to shop around for a service repair shop that can provide competitive pricing, but is also responsible.  Cheap repairs do not help if the vehicle ends up back in the shop or the shop does not meet repair deadlines.

Consider the vehicle before you buy

Some vehicles are more costly to repair.  Additionally, technology in newer vehicles is more costly to repair.  For that reason, one of our clients opts to purchase three to five year old vehicles, to save on repair costs.

Safety

Use module deceives in your commercial vehicle that can monitor driver performance. Provide feedback to drivers and create a reward system for better and safer drivers.

Driver’s health

Studies show that 94 percent of accidents are caused by driver factors.  With this in mind, Travelers Insurance Co. advises employers to consider a driver’s health and wellness when they are on the road.  Training drivers about proper rest and the risks of driving while fatigued will remind drivers not to push on when they are fatigued.

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.

 

 

 

Will One Ticket Cause My Auto Premiums To Increase?

17jghdjdtyjtdHave you recently had the bad luck of receiving a speeding citation? A ticket for speeding or other moving violation may increase your auto premiums. Some of this depends on the timing of your ticket and your renewal date. If you have had several traffic violations in a three year period, your carrier may decide to drop you. We will always search the market for the best alternative for all our clients.

Your auto insurance rates are determined based on how risky the insurance company considers you to be. Insurance carriers will have different methods for calculating risk, and thus different methods for determining rates.

Violations that relate to unsafe driving that will cause your premiums to increase include:

  • Drunk driving
  • Texting while driving
  • Failure to stop or yield right of way
  • Speeding
  • Reckless driving
  • Failure to stop at a light
  • Speeding in a construction zone

One leading industry research company studied 500,000 drivers and found that auto premiums went up by 20% after one of the violations listed above. Remember these are national averages and your individual circumstance will apply to what the carrier may or may not do.

Driving safely may be enough for you to avoid any spikes in your premiums. Of course, if your rates go up, they can also go down. By being a safe driver, you may see the price you pay for auto insurance decrease over the years.

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.

 

March Madness – Amberg Insurance Style

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An Insurance Review

March is over and we spent the while month watching 64 college basketball teams play to the final four, then to the championship game.  Congratulations to North Carolina! The entire thing reminded us of some insurance madness. We thought we would share with you our “insurance madness final four.” These can impact your business insurance and personal insurance programs.

Insurance Madness Final Four

  1. Always use an independent agent. Independent agents will search the market for the best possible insurance designed for your family or business. Independents agent do not work for an insurance company, they represent you and look out after your interests first.
  2. Never buy insurance online. When you buy insurance online you never know if you are getting the best combination of coverage, price, and service. However, you do find out when you have an uninsured claim.
  3. Always consider deductible options. A simple way to save money is to consider increasing your deductible on your auto insurance, home insurance, or even your business insurance.
  4. Many people don’t consider these coverage’s but they should
    1. Identity theft is the fastest growing crime in the United States. Every homeowner should consider identity theft coverage.
    2. A personal umbrella can offer additional protection for those who own a home or have personal assets worth protecting.
    3. Your business might be at risk if you do not have cyber liability or employment practices liability.

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.

 

7 Deadly Sins Of Florida Insurance Buying

Focus On FactsFlorida Personal and business insurance buyers–don’t make these mistakes

Everyone who buys insurance often runs into what we call the 7 deadly sins of buying insurance. These apply to both personal insurance and business insurance. Read these to see if you can relate to any of them.

  1. Your deductibles are too low. The lower the deductible the higher the premium. Consider increase auto physical damage deductible on older vehicles.
  2. You have more than one agent. Having two agents it not wise. Select one agent whom you believe will be best for you. Two agents can trip over each other, and you could end up un-insured.
  3. You don’t consider the insurance cost when buying a car. The make and model of the car you purchase will have an impact on the insurance costs.
  4. Your replacement cost value is not correct. It is very important to keep your replacement cost up to date. Replacement cost coverage will replace or rebuild your property with like kind and quality of materials.
  5. Failure to develop a property inventory. Having an accurate inventory of your personal property can reduce stress at the time of a loss and help insure you receive 100% of what you lost.
  6. You have coverage you do not need. There are many different types of insurance you can buy but not all are needed. For example, travel insurance, pet insurance, extended warranties and mortgage life insurance is not always needed. We have other options and recommendations, call us today.
  7. Cancer insurance. Marketed by specialty-insurance companies, these plans supplement health insurance for cancer-care costs. Annual premiums range between $400 to $2,000 dollars. Despite their high cost, the policies may not cover outpatient care. Chances are that your existing health insurance already covers cancer expenses.

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.

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.

 

Florida Car Thieves Can Be Stopped!

A burglar in action to rob something out of a car

A burglar in action to rob something out of a car

How important it is to have the correct Florida auto insurance?  Well, read the following statistics.   A vehicle is stolen every 55 seconds in the United States. According to the National Highway Safety Administration, over 80% of all comprehensive claims involve auto theft.  Only about 60% of stolen vehicles are recovered. 40-50% of vehicle theft is due to driver error. The top two months for vehicle thefts are July and August. Half of the insurance companies who offer auto insurance offer discounts for alarms or anti-theft devices.

Insuring your auto with the right coverage is important. We understand that it is important to find the right combination of coverage, price and service.

How to reduce the chances of an auto theft:

  • Take your keys with you. Don’t leave them in or on your vehicle.
  • Close and lock all windows and doors when you park.
  • Don’t assume no one would want to steal your car.
  • Park in well lit areas or in a garage, if possible.
  • Never leave valuables in your vehicle, and especially in sight.
  • Consider investing in extra security.

The best way to prevent the theft of belongings from your auto is to always keep valuables in your trunk or with you  Never leave cell phones, briefcases, suitcases, or small electronic devices (smart phones, tablets, GPS, etc.) in your car in plain view. During the holiday season especially, or any time you’re shopping, place packages in the trunk, not on the passenger seats or floors. Always keep windows all the way up. And never leave your pet or child in a vehicle unattended.

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.

Is There Value In Stacking Florida Auto Insurance Coverage?

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Is there a way to protect you and your loved ones from the devastating impact of medical bills resulting from an auto accident involving an uninsured or underinsured motorist? You have two options; increase your limits or consider stacking coverage on your covered vehicles.

If you have two or more vehicles on your auto policy you have the option of stacking your Florida auto coverage. Auto insurance stacking applies to combining coverage for underinsured and uninsured motorist bodily injury, if you have multiple cars.

If you combine your coverage you are able to increase your limits should you be involved in an accident with an underinsured or uninsured driver. Here is how it works.

This Only Applies To Uninsured Or Underinsured Motorist Coverage

If you have two vehicles each with $50/$100 coverage and decide to add the stacking option, the coverage for both cars goes to $100/$200.

Benefits To Stacking

  • You would have higher limits of coverage in the event of an accident caused by an uninsured or underinsured driver.
  • You do not have to increase your auto liability limits.

Disadvantages of Stacking

  • You will pay more for uninsured/underinsured coverage in exchange for the added protection.

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.

Reduce Your Florida Auto Insurance Premiums

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Florida Auto Insurance

When it comes to purchasing Florida auto insurance, having options can be a very important way to save money. Putting money back in your pocket is one of our primary goals.  We know and understand the auto insurance market.  This allows us to provide you with the best possible combination of pricing, coverage and service.

Auto insurance rates differ from company to company, so it really pays to have us shop your insurance. Some markets offer better rates for trucks, RV and campers, while others can offer better rates for motorcycles.

How to reduce your auto premium

There are many things you can do to keep your auto rates at the lowest level possible.

  1. Review your deductibles. According to the Insurance Information Institute, raising your deductible from $200 to $500 could reduce your Collision and Comprehensive costs by 15 to 20 percent.
  2. Encourage your student driver to get the best grades possible. Most major insurance companies offer a discount for students in good academic standing.
  3. Select a safe car. Check out which cars are popular with thieves and avoid them. Also, the more expensive the car, the higher the premiums.
  4. Be a safe driver. The more accidents and tickets you have, the higher the premiums will be.
  5. Purchase a car with an alarm or LoJack. LoJack® Stolen Vehicle Recovery System provides car owners with peace of mind knowing that if their vehicle is stolen, they have the best chance of getting it back.
  6. Be loyal. Many auto insurance companies offer loyalty discounts if you stay with them over time.
  7. Check for other auto insurance discounts. These might include taking safe driver courses, senior discounts and more.

You might be able to pay less for your car insurance premium and not even know it. So it pays to connect with us to review your insurance needs. Amberg Insurance Center, is 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.