Why my home business needs commercial insurance

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Basing your business in your home is a very attractive option. It allows you to avoid paying rent for an office or for storage of business equipment. At Brokers Insurance Agency in Lincoln, NE, we know that businesses face many risks, and we work with our customers to mitigate as many risks as possible.

Property Coverage

Your home property insurance coverage provides for the physical building of your home. Commercial property insurance takes the place of both property insurance and contents. Home insurance also has content coverage, but it is designed to cover what would generally be in your home. It is not designed to cover business property. You could end up having very little in the way of coverage from your home insurance. It might cover a desk and some office equipment, but it isn’t going to replace lost inventory or your records. Commercial property insurance provides all the coverage you require.

Liability Coverage

Liability coverage is a serious area when it comes to running a business out of your home. While your home insurance has liability coverage for people who visit your home, it doesn’t cover those who visit your home for business purposes. You could lose your home if you don’t have the right insurance coverage, not to mention your business. Commercial liability coverage will provide all the protection you need.

Business Interruption Insurance

When your business cannot operate, your bills still need to be paid. Your home insurance won’t be of any help to you. If you have business interruption insurance, it will provide the cash you need to hold you over until your business is up and operating again.

Contact Brokers Insurance Agency in Lincoln, NE when you need to discuss commercial insurance benefits for your home business.

Homeowners Insurance Covers Liability For Accidents When Guests Visit Your Home

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Understanding Homeowners Insurance and Liability Coverage

Your homeowner’s insurance covers more than hazards like fire, theft, and vandalism. If someone is injured on your property, it can provide liability coverage to prevent loss from lawsuits. At Brokers Insurance Agency in Lincoln, NE, we provide the homeowners insurance coverage you need.

Common Types of Home Accidents

Accidents are common in home settings, and any guest may be subject to injury from an incident. Falls are among the most common injuries that occur at home. A guest may fall down interior stairs or trip on an area rug, injuring themselves. Electrical shocks can also occur in the home. Cuts from sharp edges on items in the house are a common injury. A guest may be injured by a cooking injury or from an outdoor barbecue grill. Construction materials or landscaping can fall and injure a guest. These situations can lead to liability against the homeowner.

Liability Coverage Covers Guests While They Are Visiting

The personal liability coverage in your homeowner’s policy covers accidents that might occur to your guests. This feature would cover injuries to overnight guests or individuals invited to your house for a party or other gathering. If a lawsuit claiming negligence occurs, the liability portion of your insurance will be available to defray the cost of the suit.

Make Brokers Insurance Agency Your Agent For Homeowners Insurance

Our experienced agents can answer your questions to help you understand the liability coverage and other features your policy provides. We offer various auto, life, boats, recreational vehicles, and business insurance policies. Contact Brokers Insurance Agency in Lincoln, NE, for a no-obligation quote on homeowners insurance that will protect you against liability losses.

Three Reasons to Store Your RV in a Shelter or Garage

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If you’re an RV owner, you want your recreational vehicle to last for years to come. In between your traveling adventures, finding a safe and secure storage place for your RV is crucial. While you could park it in your yard, storing it in a shelter presents many benefits. Here are three reasons why you may want to consider storing your RV in a shelter.

1. Protecting the Exterior

If you live in or around Lincoln, NE, you’re well aware of the harsh winters, complete with snow, ice, and frigid temperatures. Not to mention the damaging effects of prolonged sun exposure, which can eventually cause rust. Protecting your RV from environmental damage via a storage shelter will reduce maintenance and aid in maintaining quality air control inside your RV.

2. Safeguarding the Interior

Leaving your RV exposed to the elements can welcome pests and insects seeking shelter from the weather, ultimately causing damage to the interior of your RV. Storage in a shelter substantially reduces the risk of internal damage from these pests and prevents sun damage, leading to faded and cracked interiors.

3. Increased Security

As an RV owner, you wouldn’t want to deal with the stress of vandalism or theft. Storing your RV in a shelter or a designated storage area significantly minimizes security risks. Some locations offer climate-controlled spaces equipped with security systems, providing access monitoring to your unit. Whether the shelter is on your property or off-site, ensuring it remains securely locked is key.

If you’re in or around the Lincoln, NE area and are seeking more information on RV insurance, contact our agents at Brokers Insurance Agency today.

Claiming for Theft of Your Motorcycle Within the Insurance Policy

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Discovering that your motorcycle has been stolen can be a stressful experience around Lincoln, NE, but motorcycle insurance is the best start to help you recover from the financial loss. Understanding how to file a theft claim properly increases the chances of adequate compensation.

Reporting the Theft to Authorities

The moment you realize your motorcycle has been stolen, your first action should be to file a police report about the incident to the police. When filing the report, provide the police with detailed information about your motorcycle, including its make, model, and unique identifying features.

Notifying Your Insurance Company

After filing the police report, promptly contact your insurance provider to report the theft. Insurance policies often have strict time limits for reporting claims, so acting quickly is essential. When speaking with your insurer, please provide them with the police report and other requested details. You’ll also need proof of ownership, such as the title, registration, and purchase documents.

Working with the Insurance Adjuster

When the adequate documents are handed over, the insurance company will provide a claims adjuster to handle your case. The adjuster will overlook the case, review your claim, check the provided documentation, and request additional information to confirm the theft. The check received will consist of the value of your motorcycle and the specifics of your policy.

Completing the Claim Process

After the adjuster’s evaluation, your insurer will process your claim and offer a settlement. After the policyholder and the insurance company agree on a price, they will issue the payment, helping you recover from the financial impact of the theft.

Brokers Insurance Agency Is The Go-To Insurance Company

Brokers Insurance Agency offers its expertise in insurance needs. We serve the surrounding areas of Lincoln, Nebraska. Call today.

How is the Value of Your Boat Determined?

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Insuring your boat requires understanding its value. Insurance companies consider several factors, including the boat’s model, age, and condition. At Brokers Insurance Agency, located in Lincoln, NE, we provide boat insurance.

Types of Policies

Understanding the different types of insurance policies is crucial before discussing how your boat is valued. An actual cash value policy will pay you the current value of your boat if it’s totaled.

Replacement cost is usually obtainable for newer boats. If your boat is totaled, you’ll receive the amount it costs to replace your boat with a brand-new one.

The most common type of policy is agreed value. An agreed value policy entails settling on the value of the boat at the start of the policy. If your boat is totaled, you’ll receive this settled amount, regardless of the boat’s current market value.

Type of Boat

Undoubtedly, the type of boat greatly affects its value. Typically, boats equipped with larger motors and more features are more valuable than simpler models.

Age and Condition

A boat’s age and condition significantly impact its value. Usage damage devalues your boat, as does aging over time.

Location and Demand

Different areas have different boat prices; some areas are more expensive than others are. Additionally, high demand can increase the value of your boat.

Marine Survey

A marine survey conducted by a third party provides a detailed report and a valuation of your boat based on multiple factors.

Boat Insurance at Brokers Insurance Agency

If you require boat insurance in Lincoln, NE, contact us at Brokers Insurance Agency. Our knowledgeable agents will discuss your insurance needs and assist you in choosing the right policy.

Classic Car Insurance vs. Traditional Auto Insurance Basics for Motorists

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There’s nothing better than driving your classic car along Lincoln, NE scenic roads and basking in the picturesque scenery found along local highways and byways. 

The insurance experts at Brokers Insurance Agency provide some insights into the differences between classic car insurance and traditional auto insurance. 

Traditional Auto Insurance Basics

Traditional car insurance covers new and used cars for liability claims made by drivers who incur property damage or medical expenses due to at-fault account claims. Liability coverage doesn’t offer any protections for repairing or replacing your damaged vehicle. 

Comprehensive and Collision Offers Extended Coverages for Lincoln NE Drivers 

Comprehensive and collision insurance are optional add-ons that extend your coverage to include collision-related accidents, thefts, vandalism, and damages caused by natural disasters. 

Classic Car Insurance vs. Traditional Auto Insurance 

The primary difference between classic car insurance and traditional car insurance is policy value. 

Most traditional car insurance policies are based on your vehicle’s year, make, and model, driving history, and age. 

Vintage Car Insurance Equals More Value

Classic car insurance holders have specialty coverage that protects their vehicle for its agreed-upon vintage value rather than its age. 

Vintage car owners who opt for traditional insurance may find that their coverage lacks the specific details needed to keep their classic beauties in top shape. 

Get a Classic Car Insurance Quote in Nebraska! 

Talk to the licensed and knowledgeable agents at Brokers Insurance Agency to learn more about insurance coverage for vintage autos, accessories, and related parts. 

Say goodbye to driving your classic car with inadequate insurance when you contact a licensed agent at our office for a quote today! 

Classic Car Insurance vs. Traditional Auto Insurance Basics for Motorists

Posted on by agentinsure

There’s nothing better than driving your classic car along Lincoln, NE scenic roads and basking in the picturesque scenery found along local highways and byways. 

The insurance experts at Brokers Insurance Agency provide some insights into the differences between classic car insurance and traditional auto insurance. 

Traditional Auto Insurance Basics

Traditional car insurance covers new and used cars for liability claims made by drivers who incur property damage or medical expenses due to at-fault account claims. Liability coverage doesn’t offer any protections for repairing or replacing your damaged vehicle. 

Comprehensive and Collision Offers Extended Coverages for Lincoln NE Drivers 

Comprehensive and collision insurance are optional add-ons that extend your coverage to include collision-related accidents, thefts, vandalism, and damages caused by natural disasters. 

Classic Car Insurance vs. Traditional Auto Insurance 

The primary difference between classic car insurance and traditional car insurance is policy value. 

Most traditional car insurance policies are based on your vehicle’s year, make, and model, driving history, and age. 

Vintage Car Insurance Equals More Value

Classic car insurance holders have specialty coverage that protects their vehicle for its agreed-upon vintage value rather than its age. 

Vintage car owners who opt for traditional insurance may find that their coverage lacks the specific details needed to keep their classic beauties in top shape. 

Get a Classic Car Insurance Quote in Nebraska! 

Talk to the licensed and knowledgeable agents at Brokers Insurance Agency to learn more about insurance coverage for vintage autos, accessories, and related parts. 

Say goodbye to driving your classic car with inadequate insurance when you contact a licensed agent at our office for a quote today! 

Auto Vs. Truck Insurance: Is There Any Difference?

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Nebraska drivers will want to choose an auto insurance policy with care. This means not only purchasing adequate coverage but also making sure you have the right policy for your vehicle.

What’s Covered by Auto Insurance?

Nebraska law stipulates that you must purchase adequate auto insurance. A basic policy must include $50,000 per accident in bodily injury liability coverage and $25,000 per accident in property damage liability coverage. It must also include bodily injury coverage for uninsured and underinsured motorists with limits that match the policies mentioned above. At the same time, auto owners are free to purchase additional forms of coverage, such as comprehensive auto insurance. 

What’s Covered by Truck Insurance?

The key difference between car and truck insurance is the purpose for which you use a vehicle. For instance, a regular auto insurance policy can cover your pick-up truck if you only use the truck for personal travel. If you use it for any commercial work, you’ll need to purchase a commercial truck insurance policy. Commercial work doesn’t include traveling to and from your job, but it does include traveling to meet clients or even occasionally transporting goods to a local market. It also includes coverage for an employee driving your truck. Basic coverage offers the same level of protection as an auto policy. However, you can add various forms of coverage to suit your needs. For instance, if you transport expensive items, you may want coverage for your goods to ensure you’ll receive compensation if items are lost or stolen.

Get Help from Brokers Insurance Agency

Brokers Insurance Agency can assess your situation and help you ensure that you’re taking out the right policy for your vehicle. Contact us to find out more or to get a quote on the policy of your choice.

What Is Umbrella Insurance?

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While you’re shopping for home insurance or other types of coverage, your insurance agent at Brokers Insurance Agency, serving Lincoln, NE, may prompt you to consider an umbrella insurance policy. Understanding what umbrella insurance entails and how it offers additional help will allow you to decide whether it’s the right coverage for your needs.

What Is Umbrella Insurance?

An umbrella insurance policy is a type of extended coverage that amplifies the liability limits of standard homeowners, watercraft, or auto insurance policies, offering extra safeguarding layers. In addition to this expanded liability coverage, umbrella insurance can grant additional protections against slander, vandalism, libel, and invasion of privacy.

Who Can Benefit from Umbrella Insurance?

If you partake in activities presenting an increased risk of lawsuits or possess substantial assets, you may stand to lose a great deal in a lawsuit. This makes umbrella insurance a wise investment.

How to Obtain Umbrella Insurance

Securing umbrella insurance is straightforward. You can ensure you receive appropriate coverage by engaging with an insurance agent. At Brokers Insurance Agency serving Lincoln, NE, our primary mission is to shield our customers while assuring they have the right level of coverage suiting their individual needs.

We’re more than willing to explore umbrella insurance options with you while arranging your auto, homeowners, or watercraft insurance. Call today to schedule an appointment and embark on your journey of complete protection.

How to Be Sure Your Beneficiary Gets Your Policy Benefits

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One important decision adults need to make is buying a life insurance policy to provide for their families when they pass away. If you live in the Lincoln, NE, area, we invite you to Brokers Insurance Agency. We’ve been serving our clients since 1994 when our agency opened. 

Choosing the Right Beneficiary

When you buy a life insurance policy, you must choose a beneficiary. The beneficiary is the one who will receive the policy payment when you pass away. Most people choose their spouse or a close family member as their beneficiary. Others choose a close family member or their romantic partner as their beneficiary.

According to Money Geek, you should choose the person who will most immediately benefit from the money. Many people realize that funeral service and burial will cost a lot, so they choose the person who will pay for their funeral as a beneficiary. After selecting a beneficiary, it’s essential to ensure your policy information stays current.  

Updating Beneficiary Information 

Some people don’t tell their beneficiaries they have a life insurance policy. If those people pass away and their deaths aren’t reported to the insurance company, the benefits will not be paid. Benefits will also go unclaimed if the insured doesn’t keep their beneficiary’s contact information current.  

Call Us Today For an Appointment 

Your life insurance policy benefits are meant to help someone you love. By updating the address changes of your beneficiary, you will ensure that your wishes will be followed. Residents of the Lincoln, NE area are encouraged to visit Brokers Insurance Agency and discuss their insurance options with our staff. Call us for an appointment today to get the insurance you need.