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Auto Insurance Protects Good Drivers – and Bad Drivers

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For many, driving is more than a luxury; it’s necessary. Whether it’s commuting to work, ferrying the kids around, or tackling the myriad of tasks on our to-do lists, a vehicle often plays a crucial role. This reliance on motorized transportation is why we see so many vehicles on the roads today. It’s also why drivers in Gahanna, OH, turn to the professional and friendly team at Schneider Insurance Agency for their auto insurance needs.

Auto Insurance: A Safety Net for All Drivers

Most people consider themselves excellent drivers, with some even jokingly claiming they’re ready for NASCAR. However, the reality is that not everyone is a great or even good driver. Some are even mature, responsible, and honest enough to admit they’re "bad" drivers. Fortunately, the right auto insurance can protect all types of drivers and their vehicles. That’s why working with a reputable and proven agent is crucial to finding the auto insurance solutions you need, regardless of your driving skills.

Auto Insurance Solutions for Drivers in the Gahanna, OH Area

If you live in or around Gahanna, OH, and have questions or want to learn more about car insurance for your vehicle, we’re here to help. Contact us to find out more and schedule an appointment with our knowledgeable and experienced team at Schneider Insurance Agency. Get the auto insurance solutions you need and deserve today.

Commercial Insurance for A Business That Offers Mobile Services

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Does your business plan include a list of mobile services? If so, your business may require a custom insurance policy that provides adequate coverage for both ‘in-house’ and remote services.

Understanding Mobile Services

Mobile services can expand your business offerings and increase sales. However, they also carry risks. The person responsible for rendering the services will likely need to drive to the client’s location.

Using equipment outside your business premises increases the risk of an accident. Mobile services can contribute to bodily injury and property damage, potentially leading to lawsuits. Adequate insurance coverage will protect your business. If you ever need to file an insurance claim, you won’t face high out-of-pocket costs. The commercial insurance you have for your mobile services may reimburse you for many of the costs resulting from an accident or criminal activity.

Commercial Insurance Considerations

Review your existing business plan. Analyze the mobile services that you and your employees offer. Consider the risks involved with rendering each service.

If an employee is responsible for driving long distances, you might purchase more commercial liability coverage and personal possession coverage. If an employee handles dangerous materials, adding commercial liability insurance could be beneficial.

Contact an Insurance Agent in Gahanna, OH

An insurance agent can assist you in preparing a custom commercial insurance plan. We request that you meet with one of our representatives at Schneider Insurance Agency.

An insurance agent will review your business plan and recommend commercial insurance products that provide adequate protection when mobile services are rendered.

Insurance Coverage for Your Refinished Residential Attic

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Refinishing your residential attic can enhance its utility, potentially requiring changes to your home insurance policy. Consider the following guidelines and update your current policy as needed.

Assessing Use Value

Consider the intended use of the attic. Whether you plan to convert it into a bedroom, game room, office, or simply storage space, the type of insurance needed to protect its contents will depend on this.

Insurance designed to protect the attic’s contents can provide coverage against inclement weather and criminal activities. You can decide which possessions to include in your home insurance policy.

Considering Building Materials

Examine the building materials used to refinish the attic. A refinishing project can significantly increase the space’s value.

If you’ve invested heavily in the refinishing project, you may want to enhance your home insurance policy. The policy can cover insulation, windows, floor coverings, paint, trim, and other materials used in the upgrade.

If an uncontrollable event damages any of the covered materials, your insurance coverage may cover the cost of repair or replacement.

Contact an Insurance Agent in Gahanna, OH

Once you’ve evaluated possible insurance upgrades, please connect with one of our agents. To update your insurance policy, contact a representative from the Schneider Insurance Agency. An agent will assess the upgrades you’ve implemented and offer suitable guidance.

When should you review your auto insurance policy?

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For most people, auto insurance is renewed every six months or yearly. When the new policy is due, the company will send you the new information, the rate, and any changes that have been made to your coverage. In Gahanna, OH, our team at Schneider Insurance Agency often contacts our clients at this point to see if all the information on the policy is correct.

When the renewal is issued, the front page is the declaration page. This is a synopsis of your coverage. It lists the types of coverage you have, the deductible, and the pricing for each part. All of these need to be considered. How much liability coverage do you have? If you no longer have a car loan, do you still want to have collision and comprehensive coverage?

Has your policy increased in price? Do you know why? A call to your agent should clear this up. Is the policy offering anything unique in particular? Then, it’s time to start looking at how the price compares to other companies. That is the beauty of having an independent insurance agent. They don’t represent just one company; they work with several or many companies, and they can compare you to ensure you are getting the most for your money.

If you have added a new young driver, your rates will increase. You should review your liability coverage to make sure it is high enough to feel safe and even consider adding an umbrella policy. Roadside service may also provide peace of mind for your young driver.

Give our team of independent insurance agents a call at Schneider Insurance Agency in Gahanna, OH, to discuss how we can ensure that your auto policy is the right fit.

What is business interruption insurance?

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As a business owner, you’ve probably done everything you could to protect your business. There’s one thing that you may not have considered – business interruption insurance. This policy goes into effect if your business can’t operate because of an unexpected event.

The compensation is meant to help with lost income and ongoing expenses if there’s something like a fire or natural disaster that occurs. Other events may also be covered, so reviewing the policy on your Gahanna, OH business is best.

Understanding What’s Covered and What’s Not

Business interruption insurance will likely cover lost revenue during the interruption. It will also cover many expenses, such as fixed costs, temporary relocation, and expenses incurred to avoid or minimize a shutdown. The coverage may even extend to training costs so you can teach employees how to operate new equipment once the interruption is over.

While it covers many things, it doesn’t cover actual physical property. For example, it won’t cover purchasing new equipment, but it may cover temporarily renting equipment. It would be best if you also learned what situations are covered. Many business interruption policies won’t cover pandemics or long-term market downturns.

The Importance of Business Interruption Insurance

Business interruption insurance can help preserve a company’s financial stability during an unexpected covered event. It could be the difference between your company having to close and being able to survive the event.

Our agents at Schneider Insurance Agency are ready to help you find the coverage you need for your business. Call us today to start the process so you have the peace of mind of knowing your business is covered.

Home Insurance Coverage for Pools and Hot Tubs

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Liability and damage coverage are essential insurance considerations to adequately protect your swimming pool and hot tub. Given the inherent risks of owning such water features, it’s wise to secure appropriate protection for both.

Liability

Accidents such as slips and falls are common risks associated with water features. Any misstep could potentially result in injuries. Adequate liability insurance will provide you coverage against a wide range of potential injuries.

Whether these mishaps occur on the surrounding decking material or within the water feature itself, a comprehensive liability insurance plan will cover you. It is advisable to inspect the water feature thoroughly before selecting an insurance policy. Keep records of any damaged areas that require repair. By promptly addressing these issues, you can reduce the risk of injuries.

Design Elements

The specific design elements of your pool or hot tub can help determine the extent of damage protection needed. High-end elements that are prone to potential damage should be well covered under your homeowner’s insurance policy. Researching various insurance coverages that would cover repairing or replacing any damaged materials is well worth your time and money.

Accessories

Pay attention to the accessories you have purchased for your pool and hot tub. Any valuable accessories you frequently use can be included in your existing home insurance policy. This will protect these additions against loss due to damage or theft.

Ohio Insurance Support

For an optimal insurance plan for your pool and hot tub in Gahanna, OH, please get in touch with our insurance agents at Schneider Insurance Agency. Our team is ready and willing to assist you with the most suitable protection for your water features.

What is Full Coverage Insurance

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Full Coverage Auto Insurance: What It Is and Why You Need It

At Schneider Insurance Agency in Gahanna, OH, we recognize that you are seeking the most comprehensive coverage to protect your valuable vehicle as a car owner. Full coverage auto insurance can provide the peace of mind you need, ensuring your vehicle is protected in any circumstance.

When purchasing a new car, particularly if financing it through the dealership, a local bank, or a nationwide finance company, most will require "full coverage" insurance. But what exactly does that entail?

Understanding Full Coverage Insurance

Full coverage typically refers to a blend of comprehensive and collision coverage. Finance companies require full coverage to ensure that the vehicle can be repaired to its original condition in the event of any auto accident – whether you are at fault or not. This gives them confidence that should they have an accident and lack adequate insurance for the repairs, they will not default on their auto loan.

Collision Coverage Explained

Collision coverage pays for damages to your vehicle in the event of a collision with another vehicle or a solid object like a building or lamppost. You will need to pay a deductible, which is a predetermined sum agreed upon when you initiated your policy or endorsed it, whether that’s $500, $1000, etc. For instance, if the repair bill is $4000 and your deductible is $500, you would pay the first $500, and the insurance would cover the remaining $3500.

The Role of Comprehensive Coverage

Comprehensive coverage, also known as ‘Other Than Collision’ coverage, covers an extensive array of damages and losses to your vehicle, such as theft, fire, flooding, hail damage, falling objects, and collisions with animals. For example, if your car is stolen, caught in a fire, or flooded, comprehensive coverage would generally cover the cost of repair or replacement, less your deductible. Just like with collision coverage, you would be held responsible for paying a deductible.

We are Here to Help.

Speak with your insurance agents to fully understand full coverage and get a detailed list of what’s included and excluded in your auto insurance. At Schneider Insurance Agency in Gahanna, OH, we have the expertise and experience to guide you in making the most informed decision about insuring your vehicles, fulfilling your lienholder’s needs, protecting your wallet, and safeguarding your family. Call us today at (614) 471-8444. We are here to help.

Does a Home-Based Business Need Commercial Insurance?

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If you are running a home-based business in and around Gahanna, OH, bear in mind that even though state law does not mandate business insurance, it remains an invaluable asset. This coverage can help your business recover in case it is affected by any unfortunate incident. Moreover, certain types of commercial policies are required depending on the nature of your business.

Mandatory Commercial Insurance Policies in Ohio

Ohio law makes it compulsory for business owners to invest in commercial auto insurance for vehicles serving business purposes. This might include travel to client meetings or business partner discussions, transporting goods to local markets, or even allowing an employee to use the vehicle.

Workers’ compensation insurance is mandatory if your business employs one or more individuals. This policy provides compensation for medical bills and lost wages for workers who are injured while performing their job duties.

Successful Amazon vendors who generate more than $10,000 a month in gross profits are required to have commercial liability insurance. This covers compensation if someone claims against your products, sustains property damage during product usage, or accuses you of copyright infringement.

Contact Schneider Insurance Agency for Additional Commercial Insurance Options

The policies above are just a few of the commercial insurance options available. Exploring other alternatives is advisable to ensure that your business has adequate coverage to withstand potential challenges. Contact the Schneider Insurance Agency’s Gahanna, OH, office to learn more or receive a policy or policy bundle quote.

Does My Homeowners Policy Protect My Home Addition?

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When you purchased the policy, your home insurance from Schneider Insurance Agency safeguarded your Gahanna, OH, home in its original state. If you build an addition to your home, this needs to be included in your home insurance package, as the initial policy only covers the house in its original condition.

Home Construction Projects

During the construction of a home addition, you need construction coverage. This ensures that your addition and the materials used are insured while the construction crew is working. It also means you have extra liability insurance to protect against any potential risks associated with having more people on the property and conducting dangerous activities.

Updating Your Homeowner’s Policy

Once construction is complete, you need to update your homeowner’s insurance policy to include the additional square footage. This usually means a new policy for your house in Gahanna, OH. Such a policy not only increases the covered square footage but also ensures any internal renovations are done, like built-in fireplaces and bookshelves or custom woodwork.

In some cases, your Schneider Insurance Agency agent may advise you to add more liability coverage, depending on the intended use of the home addition. This could apply if you are planning to have people staying in the addition full time, such as in a mother-in-law’s apartment or a bed and breakfast unit. In these instances, additional liability coverage is highly recommended.

Contact Us Today

Contact Schneider Insurance Agency and allow one of our helpful insurance agents to guide you through a home insurance review. They can help update your coverage to include new construction or renovations, thereby adequately covering the increased value of your home.

Auto Insurance for High-Net Worth Individuals

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Do you have liquid assets of $1 million or more in addition to the value of your home? If you do, you are in Ohio’s top 5%, the 261,000 households in the state with disposable assets of $1 million or more.

If you are one of these high net-worth individuals, the Ohio state minimum liability coverage for your car is absolutely not enough. Even higher-limit coverage of $100,000 per person and $300,000 per accident may not protect you from a super-sized judgment if you cause an accident that results in a death or serious injury and you are found liable by the court.

You may need umbrella insurance from Schneider Insurance Agency, which has been serving Neward and Gahanna, OH, and all of Central Ohio for over half a century.

What’s umbrella insurance?

Umbrella insurance gives you liability coverage beyond what you can get from any single policy. 

We routinely write policies for $5 million in umbrella coverage and even more for our high net-worth customers. You have to carry traditional auto or homeowner insurance to qualify for an umbrella policy, but if you do, we may be able to protect you from liability not just from catastrophic accidents in which you are found at fault but also for:

  • Damage to rented vehicles you transport with your car, such as a boat.
  • Your other policies don’t cover incidents such as pain and suffering or libel.
  • Incidents in Canada or throughout the world.

Umbrella insurance premiums are a lot less than the potential losses they protect against.

You will usually need to get your umbrella insurance from the same insurance company as your other policies. This limits your ability to shop around for better rates, but your professional insurance agent can help you get the lowest total premiums for the coverage you need.

Whether you are in Newark, Gahanna, or anywhere in Ohio, the Schneider Insurance Agency represents the companies you need and has the expertise you need for your financial security. Call us today to discuss your umbrella policy!

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