Shopping for a new home insurance policy can feel overwhelming at times. There are so many different numbers and terms you need to know and pay attention to. Unfortunately, some people become so overwhelmed by the process that they select a policy that does not work well for them or does not meet their needs. Here are a few of the common mistakes people make when buying home insurance and how you can avoid these issues.
Choosing the Wrong Coverage Amount
One of the biggest mistakes that are made when selecting a home insurance policy is selecting coverage amounts that don’t meet your needs. If your coverage amount is too low, you won’t get the full value of your home if something goes wrong. If the amount is too high, you are paying for more coverage than you need. A great insurance agent can help you determine how much coverage you need.
Failing to Update The Policy
Another common mistake people make failing to update their policy. While one amount may have worked well for you a decade ago, property values change, and you may have made changes to your home that have increased the value. Always make sure that you update the policy and select new coverage and policy amounts as you shop for a new insurance policy.
Not Reading or Understanding a Policy’s Exclusions
The last mistake people make when buying a home insurance policy is not reading or understanding a policy’s exclusions. Not everything is covered by your policy. Make sure you understand what is and is not covered and purchase any supplemental policies you may need to fully protect your home.
When you are ready to begin shopping for a new home insurance policy or want to make changes to an existing one, contact Universal Indemnity Group & Financial Services Inc. We serve the greater Atlanta, GA area and would love to help you avoid common home insurance buying mistakes while helping you to find the right policy for your needs.
Water damage to your home in Atlanta, GA can be extremely costly. It is not something you want to deal with if you can help it. While there is no way to guarantee that you will not have water damage in your home at some point, there are some things you can do to help prevent it. Use these tips from Universal Indemnity Group & Financial Services Inc. to avoid some costly mistakes that can lead to water damage.
- Keep an eye on your water bill. If you know how much you normally use, as long as there is not a reason for the increase you should be on alert when you see your bill jump. It could mean there is a small leak somewhere and you want to catch it before there is a bigger water damage issue that you have to deal with.
- Watch where you plant trees. There are trees all over Atlanta and you likely want some in your yard if you do not have them already. Before you plant anything, you should make sure that the spot you choose is far away from underground pipes. It may not be an issue now but eventually, the roots may interfere with the pipes causing water damage.
Other than taking precautions and keeping an eye on things around your home, the best way to help protect it, your belongings, and your finances is with a great home insurance policy. If you do not already have one, be sure to contact Universal Indemnity Group & Financial Services Inc. serving Atlanta, GA for a free quote and to explore your options. If you do have a policy in place, they can make sure you do not have gaps in coverage as well as ensure you are not paying too much.
No one wants to wake up to find a burst pipe and water spewing into their home. In Atlanta, GA, this can happen if you do not prepare for the cold and keep your pipes warm. To do this, you need to take a few extra steps on those colder nights. Doing so can help you save money in the long run as well as save yourself from the hassle of a clean up and repair. Use these tips to prevent your pipes from bursting this winter.
Let Faucets Drip Overnight
When the temperature drops to below freezing overnight, you should let a faucet or two in your home drip through the night. The constant movement will prevent any freezing from occurring. As long as you keep it at a steady drip and don’t let it stream out, you should be able to prevent piping and not pay too much on your water usage.
If you have exposed piping on the outside of your home, you need to provide an extra layer of warmth. The best way to do this is by putting pipe insulation on them. You can find the insulation at a local hardware store. You can even put them on yourself since they are fairly easy to put on, as long as you can easily get to the pipes.
One of the best ways to protect your home from a variety of disasters is by getting a great home insurance policy. If you do not yet have one or you want us to take a look at your current policy for gaps in coverage, be sure to contact us at our office serving Atlanta, GA. Universal Indemnity Group & Financial Services, Inc. can provide you with a quote that will meet your needs as well as keep you in line with your budget.
You want to do everything you can to protect your home in Atlanta, GA. Independent insurance agents at Universal Indemnity Group & Financial Services can assist you throughout the process. By learning about what to look for in a home insurance policy, you can ensure that you have the financial protection that you need.
Liability coverage is critical. While it is included in your average home insurance policy, the amount of coverage that you add can vary. You want to be protected against what can happen inside your home to guests as well as what you and your family may do to others’ homes. The last thing you want to do is pay out of pocket because of an accident. With the right liability protection, you can turn to your insurance company to take care of everything.
Coverage for Home Belongings
The value of everything inside your home may be drastically different from the value of what’s inside your neighbor’s home. You may have expensive artwork, heirloom jewelry, high-end furnishings, and much more. Should there be a fire, a break-in, flood, or something else, you want to make sure that there is sufficient coverage. This will allow the insurance company to either repair or replace everything – and if you don’t have enough coverage, you could be spending a lot of your own money for what remains.
An Affordable Premium
There are plenty of home insurance policies in Atlanta, GA. However, you want to be sure that you have an affordable premium. Not all insurance companies offer the same rates. This means you will want to look at the cost of the policy and get quotes from multiple companies. It will give you the opportunity to compare the costs so that you can save money throughout the year without sacrificing coverage along the way.
When you want to learn more about a home insurance policy, contact Universal Indemnity Group & Financial Services for details.
When it comes to commercial insurance, it’s essential that you are covered. With all the hard work you’ve put into growing your business, you don’t want to be sidelined by financial loss to your business. At Universal Indemnity Group & Financial Services Inc. our goal is to ensure you are prepared for the unknown by purchasing the appropriate type of commercial insurance coverage you need.
General Liability Insurance
Every business needs general liability insurance. It helps you cover liabilities that may arise as you carry out your day-to-day business operations. With general liability insurance, you may find that you have insurance coverage for slip and falls, which are common for businesses who allow their customers to visit their facilities.
Commercial Auto Insurance
Another important business insurance you need is commercial auto insurance. You need commercial auto insurance if you rely on a vehicle to conduct business transactions. Even if you use your vehicle for personal use as well, it’s better to have a commercial auto insurance policy because you get larger coverage limits, and you can protect your business if you are in an accident while you are making deliveries.
Business Owners Policy
If you are like many business owners, you don’t know much about insurance. In fact, you may not know the types of insurance policies that are available to you in Atlanta, GA. Fortunately, our team at Universal Indemnity Group & Financial Services Inc., can provide you a business owners policy (BOP). A BOP gives you multiple types of insurance coverage bundled into one policy. With this policy, you don’t have to worry about the details of each policy. You can have the peace of mind knowing that you have the coverage you need.
You’ve worked so hard building your business, so you shouldn’t risk it to the unknowns that threaten your financial position. To ensure you are protected, give us a call today to discuss the insurance options that are available to your business today. You can also visit our website to learn more about the commercial insurance products we offer.
Fall is the perfect time to prepare your home for the harsh winter weather ahead. By taking the necessary steps to protect your property from cold weather damage, you are saving money on potentially costly repairs.
- Trim trees with branches that could fall on your home.
- Clean your home’s gutters to prevent roof damage.
- Replace any damaged or missing roof shingles.
- Address any cracks in your driveway and walkways. Ice and snow during the winter can worsen the damage.
- Turn off the water to any outdoor faucets.
- Clear out any ductwork such as dryer vents and attic vents.
- Remove window screens and install storm windows.
- Store any lawn equipment for the winter. Once you no longer require your mower, leaf blower, and rakes, put them away somewhere safe until next year.
- Clean your chimney and have any obstructions removed.
- Inspect your home’s furnace and schedule any cleanings of the heating system.
- Check all detectors within your home. Run a test to ensure all smoke and carbon monoxide detectors are operating correctly.
- Look for water in the basement. Check if water is getting into your basement and if mold is visible. Your sump pump needs to be operating efficiently as well.
- Caulk around windows and doorways to seal any gaps to prevent heat loss. Don’t forget to caulk in the bathroom too around showers, toilets, and tubs.
- Inspect for any leaks around your water heater. If you have a well pump, then that should be examined as well.
Remember to hire a certified contractor for any repair work involving your fireplace and heating systems. With proper home maintenance, you’ll keep your property well protected. To also protect your home, call the agents at Universal Indemnity Group & Financial Services, Inc. to receive information about home insurance coverage and rates.
In some states car insurance is mandatory, but the question arises, is it necessary? Approximately 1 in 8 drivers pass on it altogether, and unfortunately for the 1 in 8, the benefits of notable insurance reveal themselves only when is needed the most. If you ever find yourself wondering about auto insurance, it is wise to then find out how car insurance protects your vehicle, your livelihood, and your wallet.
A car insurance policy protects the beneficiaries finances from monumental(and unexpected) expenses. Aside from helping with the cost of repair after an accident, car insurers can help protect an individual (and their assets) from any liability lawsuits incurred through your policy’s liability coverage.
In the average year, there are more than 6 million car accidents in the United States, according to data from the National Highway Traffic Safety Administration. In Atlanta alone, there are an average 1250 accidents per year. Considering these statistics, it is safe to say that accidents do happen, and show favor to no one.
Now briefly picture the world without car insurance. Each time a vehicle is driven out of a drive way or garage, the owner and or driver is essentially risking their bank account and some or all of your assets.
An accident is one of the most money consuming and inconvenient events ever. Considering that finding the right Auto insurance can be a hassle, especially when factoring in a major city like Atlanta. Any driver in this dilemma should go no further than Universal Indemnity Group & Financial Services Inc. Not many insurance companies in the Atlanta area can aide their clientele as they can. Act today and get the care you deserve.
With its dense urban areas coupled with the beauty of nature all around the city, Atlanta, GA can be a great place to ride your motorcycle. The weather is warm the majority of the year, as well, making it easy to get out and ride frequently. Before you head out, though, there are some things you’ll want to do. You should check your gasoline level, your tire pressure, and your brake lights, tail light, headlight, and turn signals to make sure everything is in order and works properly. Then you’ll want to make sure you have the right insurance, to protect you financially in case of an accident or other damage to your bike.
Getting good insurance should be among your top priorities when you purchase a motorcycle, and if you’ve had a bike and been riding for a while it might be time to revisit your policy and see if you need to change or upgrade it in any way. Even small changes can make a difference to how much you pay each month for coverage and whether you really have peace of mind based on the protection your policy offers you. Working with a good insurance agent can help you decide if you have what you need or if making some changes would be better to keep you protected on the road.
When you buy your motorcycle insurance from Universal Indemnity Group & Financial Services Inc. you get the benefit of a knowledgeable agent who can give you quotes from a number of different companies. That agent can also explain the different policies, coverage levels, and prices, so you can make a decision that’s going to be right for you and your motorcycle riding needs. By doing that, you’ll have good insurance and the peace of mind that comes along with the right level of coverage.
Buying life insurance is just a responsibility an adult has to face up to. When you realize just how much the people in your life depend on you, it’s just good sense to ensure their continued protection if the worst should happen. It’s important to remember that while you may want to just find a policy and be done with it, you will need to consider some key factors before you finally settle on one type over the other.
Consider Your Circumstances
It’s generally more likely you’ll purchase too little coverage than not enough. People can sometimes underestimate the full scale of expenses that their family may be hit with, and it can lead to disastrous results. The amount of fees and expenses that people need to pay can be swallowed up quickly by money that was supposed to last for years. Term life insurance is one option for when you need to cover your family through a certain length of time. Say you have kids and you want to pay for higher education for them, you can buy based on how long it will take for them to complete college. Permanent life insurance is for your entire lifespan and for when you want to have some sort of savings component to the policy. People will sometimes borrow money from their life insurance when things get difficult, whereas term insurance will not offer this type of benefit.
Finding a Partner in Atlanta
Atlanta is served by Universal Indemnity Group & Financial Services Inc. We have the agents to help you navigate your options and decide on a policy that works for your financial needs now and your family’s financial needs in the future. Give us a call today for a quote or to find out more.