Long Insurance Services of Kernersville, NC
Contact : 336-992-5664
Owning a small business can be one of life’s greatest balancing acts. Every day there’s the stress of managing employees, finding (and retaining) customers and monitoring cash flow. And on top of that, you’ll always feel the pressure to keep costs down — and productivity up.
For business owners looking to boost their bottom line, cutting back on insurance expenses can be a real temptation. After all, insurance premiums are usually a fixed cost. Especially if you’ve never had to file a claim, those monthly payments can feel like just another bill to pay.
But without adequate protection, an accident of any kind could be detrimental to the business you’ve worked so hard to build. Here’s why cutting corners on business insurance doesn’t pay off.
Like your personal home and auto policies, business insurance is meant to help business get back to normal after an accident, which can include lawsuits, property damage, injuries and more.
As a result, business insurance is a necessary expense. But that doesn’t mean it’s without return. Here are some benefits to having the right commercial insurance.
Finding the right coverage starts with assessing your needs and identifying the risks associated with your business. Insurance isn’t one-size-fits-all. That’s why ERIE offers a variety of business insurance policies tailored to meet your specific needs. Whether you own a restaurant, an apartment building or a construction business, our custom solutions are crafted from years of experience protecting businesses like yours.
Here are some of the most common business insurance policies, and why you shouldn’t overlook them:
Many times, cutting back on your business insurance coverage can expose you to far more risk than the premiums you’ll save are worth. If you’re looking for savings, here are some tips to help keep costs in check without sacrificing protection:
You’ve worked hard to make your business what it is today, and you deserve someone who understands how to help you protect it. Your local ERIE agent is there when you need them most and can build a customized package tailored just for your business.Contact your local ERIE agent to find the coverage you need with nothing you don’t, all at a great price.
As the year winds down, people will be making New Year’s resolutions—and lots of them. This year, many Americans will make a New Year’s resolution to get fit, stop smoking, learn French, stress less and onward and so on.
Anyone who has witnessed a crowded January gym slow to a trickle by February knows that many resolutions just don’t stick. Some studies have reported that as few as 8 percent of people actually succeed in keeping their resolution.
So, how can you be among the few who see their promise through? Here are a few ideas to make it go right.
Want to take a different approach? Then you might consider some unconventional methods to your resolution.
That’s where it helps to have the right insurance. After all, insurance is designed to protect the things you’ve worked hard to achieve and that matter most to you.
At Erie Insurance, we have a genuine enthusiasm for our customer’s successes. Whether you’re renovating your home, starting a family or changing direction in life, we’re eager to offer our encouragement and expertise.
See what makes our home insurance different or find a local ERIE agent in your neighborhood who can give you a customized quote.
Parking lots can be crazy places. Whether you’re at the mall, the grocery store or even just grabbing a quick coffee… all those cars coming and going can up anyone’s chances of being in a parking lot accident.
Which may lead you wonder: How does insurance cover parking lot accidents? Let’s walk through a few common scenarios.
Accidents happen. That’s why having the right auto insurance can give you peace of mind.
If you do hit a car in a parking lot, here’s what to do next:
Remember, policy conditions might require you to tell ERIE or your agent about the incident – even if you decide not to file a claim. Learn more about what to do when accidents happen.
An at-fault driver’s auto insurance should cover the property damage they caused to the other vehicle. Hopefully, they left a note and you can get in touch without too much fuss. Unfortunately, some people won’t do the right thing. If you return to a dented or dinged car with no indication of who did it, you can ask around to see if there were any witnesses. If there aren’t any, ask the store if they have security cameras.
If the incident is a hit-and-run—or if the at-fault driver has no auto insurance or not enough insurance—you’ll have to rely on your own auto insurance to cover the damage. That’s assuming you purchased optional collision coverage on your own vehicle.
Also, uninsured motorist property damage coverage that is available in some states protects your car if it’s struck by a hit-and-run driver. (A deductible may apply.)
Just keep in mind that you’ll likely need uninsured and underinsured motorist bodily injury coverage. This insurance coverage is optional in some states and mandatory in others. It covers you and your passengers’ damages if you’re injured by a hit-and-run driver, an uninsured driver or a driver who doesn’t have enough coverage to pay for your medical expenses, lost wages and pain and suffering.
Whether it’s a simple fender-bender or something more serious, remember – your local ERIE agent is there to help answer questions and provide advice.
There is usually an at-fault driver when there’s a parking lot accident. But there are some cases where an accident is two drivers’ fault—for instance, two people may back out at the same time and hit each other. What typically happens in these cases is that each driver files a claim with their own insurance company.
Luckily, there are steps you can take to keep you, your car and others safe. Get our list of tips for how to avoid a parking lot accident.
Unfortunately, accidents do happen. But when you’re with ERIE, you have your own personal insurance advisor – your local ERIE agent – when they do. Learn more about auto insurance or find a local ERIE agent in your area.
Trees can be tricky, but for the most part homeowners are responsible for what falls into their own yard. So if a storm causes your neighbor’s tree to fall in your yard, your homeowners insurance could help cover the cost of removing the tree and remedying the damage it caused on your property, after your deductible.
The same is true in reverse: If a tree on your property falls in your neighbor’s yard, your neighbor should contact his or her insurance company to determine what type of coverage is available for damage or cleanup in their yard.
In most cases, neighbors are able to work things out without too much trouble. Depending on the extent of the damage, you may need to file a homeowners insurance claim. Your homeowners insurance may or may not cover the cost of tree cleanup, depending on your policy and the company you work with.
Good news: Homeowners insurance from ERIE typically pays for the cost (subject to sublimits) of removal of fallen trees if it’s due to a covered peril, such as a storm.
If there’s ever an issue between neighbors, you can rely on your claims adjuster to help straighten everything out.
If a tree falls on your house, the first thing to do, if it’s safe, is to try to prevent further damage to your home and property. Make sure to take some photos to document what happened. Then call your insurance agent, who can explain your options and help you understand if and how to file a claim. When you file a claim, a claims adjuster will come by to evaluate the damage and explain how your homeowners coverage comes into play. It’s recommended that you call your claims adjuster before you contract to have the tree removed.
Sometimes trees fall on cars. If it’s not safe or possible to remove the tree from the car yourself, you should call a professional to remove it. (Again, talk to your insurance agent and a claims adjuster first and take a few photos of the fallen tree on your car.) Depending on the damage and terms of your insurance coverage, the optional comprehensive coverage you may have under your auto policy could provide coverage for the loss.
Preventive measures matter when it comes to trees. Start by looking for signs of distress such as dead limbs, cracks in the trunk or major limbs, leaning to one side and branches that are close to a house or power line. Mushroom growth on the roots or bark can also signal trouble.
Homeowners should be concerned about the health of their trees. It’s possible for you to be held responsible for resulting damage to your neighbor’s house or property, if your tree falls due (in whole or part) to your own neglect. One of the best things to do is to regularly have large trees trimmed. (The Tree Care Industry Association lists accredited tree care professionals.)