Is it Time to Update my Auto Insurance Policy?

When was the last time you updated your car insurance policy? If it’s been a couple of years, you need to give your policy a second look. Failing to review your auto insurance policy could mean two things. First, you are overpaying or underpaying your insurance premiums. Secondly, you could be in for a rude shock when filing a claim.

At The Insurance Mart, we usually advise our clients to update their insurance policy annually. However, sometimes you don’t have to wait for a year to lapse to update your insurance policy. Please contact your insurer to update your insurance policy if the following incidences occur.

Change of use

Are you using your vehicle to run business errands? You need to update your standard auto insurance to commercial auto insurance. Why? Using your car for commercial reasons exposes your vehicle to new risks, and your personal auto insurance won’t be enough.

Upgrading your vehicle

Finally, got your hands on the car of your dream? Congratulations! Even more good news, you don’t have to get an entirely new car insurance policy. You need to talk to your insurer to transfer your old policy into your new car. Of course, expect to top up your premiums, especially if the new vehicle has a high value.

Allowing a teenage driver to use your car

Want your teenage daughter or son to drive your car? You need to talk to your insurance company to update your policy. Teenage drivers are considered riskier, so expect an adjustment to your premiums.

Learn more about car insurance in Blue Ridge, GA!

Still not sure whether you should update your car insurance policy? No worries. Please get in touch with The Insurance Mart for more information on car insurance.

Health Insurance FAQs

What’s one thing that matters most in your life? If you think about it, it should be your health. Without proper health, you can’t take care of your family, business, and other interests. Given that health is critical, investing in health insurance from The Insurance Mart of Blue Ridge, GA makes sense. But because health insurance is one of the widely misunderstood insurance coverages, we have prepared a FAQs section to shed more light on this coverage.

Why do I need health insurance?

There are several reasons you must invest in a sound health insurance policy. First, with the rising healthcare costs, it would be catastrophic to live without health insurance. Health insurance takes care of expensive medical bills as you focus on recovery. Since health insurance shoulders the medical bills, you can afford quality health care that you wouldn’t access if you didn’t have the funds.

Secondly, health insurance covers preventive healthcare routines such as annual screenings, vaccinations, etc. So, health insurance doesn’t always wait for diseases to strike — it helps prevent diseases from happening in the first place.

Thirdly, you need health insurance for your peace of mind. Given the emergence of new diseases and the increased risk of accidents, you never know when disaster will strike. However, you can maintain your cool by investing in a health insurance policy.

What are the different health insurance plans?

Like most insurance policies, health insurance comes with different insurance options. Here are some options to consider:

  • Medicare
  • Medicaid
  • Individual
  • Family
  • Corporate
  • Dental
  • Eyecare

Since understanding health insurance can be challenging, you need a trusted insurance agent to help you navigate. Fortunately for Blue Ridge, GA residents, you can always partner with The Insurance Mart for your health insurance needs.

4 Reasons Why You Need Life Insurance

Most people think that life insurance is only for those who are elderly. But the truth is, everyone should have life insurance. Here are four reasons why.

1. You Have Loved Ones That Depend on You

If you have people in your life who are counting on you, then they would be devastated if something were to happen. That means that you need to ensure that they don’t suffer financially. If you have a spouse, children, parents, or siblings who are relying on your income each month, buy life insurance to replace that income when you’re gone. The amount of coverage needed is different for everyone, so speak with an agent about what would be best in your case.

2. You Have Debt That You Need to Take Care of

Do you have a mortgage or car loan? Or is there medical debt in your past? These become difficult and even impossible to pay off when you die. Life insurance can help pay off any remaining debts after your death, so your loved ones don’t need to worry about them or continue making payments.

3. It Can Help Cover Your Children’s College Tuition

Even though your children are young, their education is extremely important. If you want to help pay for your children’s college tuition after you’re gone, then life insurance can help with that too.

4. Peace of Mind

While it may sound like life insurance is all about money, it’s not just that. It’s also about the peace of mind that comes along with knowing that your loved ones will be taken care of when you’re gone.

Life insurance is something that everyone should have, no matter their age or financial situation. The four reasons outlined here are just a few of many. Call The Insurance Mart today if you’re interested in learning more about life insurance in Blue Ridge, GA. We are here to help you get the coverage that you need.

What Is Secondary Dwelling Insurance, and What does it Cover?

Do you have a second home in Blue Ridge, GA? Wondering whether you need a new home insurance policy, or you can extend your current insurance plan to cover your second home? All these are questions that tend to worry many homeowners with more than one home. However,

The Insurance Mart is here to shed light on secondary dwelling insurance — coverage you may need if you have two or more homes.

What is secondary dwelling insurance?

This policy covers your second home the same way your primary home insurance protects your current home. You may think of extending your current home insurance to your second home, but this may not work since your new home has unique risks. For sure, you can extend liability coverage to your new home, but what about damages and losses? As such, you need secondary dwelling insurance.

What does secondary dwelling insurance cover?

How do you want to use your second home? Perhaps, you want to use your new home as a vacation house, or you simply want to rent it out. Whatever the reason, here are the coverage options you can opt for your new home:

  • Dwelling coverage: It protects your home against physical damage. Besides, your coverage can protect detached structures like the shed, garage, and fence at an additional premium.
  • Liability coverage: Just like your primary home, you can be held responsible for injuries and property damage you cause to other people.
  • Flood insurance: You need to consider a flood insurance endorsement if your home is located in a flood risk zone.
  • Rental coverage: If your second home is a rental, you need rental coverages to help you avoid financial losses.

Would you like to invest in secondary dwelling insurance in Blue Ridge, GA? Please get in touch with The Insurance Mart for an affordable quote.

Why You Should Purchase Recreational Insurance

As a car owner in Blue Ridge, GA, it is imperative to invest in auto insurance to protect yourself and your vehicle. If you have an ATV, UTV, or other recreational vehicles, you may not realize how important an insurance policy can be for this equipment. Before you head out on the trail, you should familiarize yourself with a few of the many ways a recreational insurance policy from The Insurance Mart can help you.

Liability Coverage Protection

Regardless of whether you are heading out on your own or having fun with some friends, liability insurance is designed to protect you from both financial and legal hardship. This part of your recreational insurance kicks in should you injure someone else or damage someone else’s property while out riding. 

In the event that the affected individual requires medical attention or professional repair, your liability coverage will take effect. This ensures you don’t have to pay out of your pocket for these costs.

Collision Coverage Protection

ATVs and other recreational vehicles are made for people to explore, go off-roading, and simply be adventurous when the situation allows. Unfortunately, this increases the potential for collisions and other accidents. In the event that you collide with another rider or a tree, this part of your recreational vehicle insurance will take effect. This keeps you from needing to pay the full amount to repair or replace your ride. 

Natural Disaster Comprehensive Coverage Protection

In the event of a tornado, wildfire, or other significant act of nature strikes and causes damage to your ATV or other recreational vehicles, the comprehensive portion of your recreational vehicle insurance policy will kick in. This coverage offers protection against damage from fallen limbs, floods, hail dents, and more. 

If you own an ATV, UTV, or any other kind of recreational vehicle, you should purchase recreational vehicle insurance. The Insurance Mart can help Blue Ridge, GA residents obtain the necessary coverage based on their situation.

Does Georgia Require Commercial Insurance for a Home Business?

At the Insurance Mart, we know that Blue Ridge, GA folks are creative and capable. Many of you have put your skills to work making money from home, and it might be expanding into a full-fledged business. Having the proper insurance coverage for your business can help your new endeavor thrive.

The Basics of Commercial Insurance

Every business has different needs, so commercial insurance is built to be adaptable. Like personal insurance, the commercial version has you commit to a policy that covers specified perils minus your deductible, in exchange for a recurring premium charge. Most providers have packages with a range of coverage that the typical business needs, but they may or may not have packages made with home businesses in mind.

Required Coverages

If your business employs three or more people, then you are required by state law to carry worker’s compensation coverage. Any vehicle that you operate in the course of business will need commercial auto insurance. There are no legal obligations beyond those, but other businesses may require them. Typically, this applies to brick-and-mortar businesses that rent a space.

What Risks Does a Home Business Face?

The primary difference between a home business and any other business is where they operate. Since you’re using your home, your business has no real estate that it needs to protect. You still face that risk, but it’s going to be covered by your homeowners’ or renters’ insurance.

Otherwise, home businesses may be financially liable if they make an error that causes damage or a data breach exposes sensitive files. The Insurance Mart in Blue Ridge, GA can help you identify where your business might encounter risk and shop for a policy that covers those risks.

Types of Auto Insurance Georgia Residents Should Know

Do you own or lease a car in Georgia? Then you know that you need auto insurance. But how much auto coverage do you need? The state of Georgia requires liability insurance as a bare minimum. You don’t have to settle for the minimum, though. You have other coverage options. At The Insurance Mart in Blue Ridge, GA, we help people make sense of car insurance. If you want to go beyond the minimum, here are the options you should know. 

Uninsured Motorist Insurance 

Not everyone follows the rules when it comes to insurance. Some people may drive every day without minimum coverage. So what happens if one of these drivers collides with your car? Their lack of insurance shouldn’t cost you money. Uninsured motorist insurance can keep you covered, so you don’t have to pay for their mistakes. 

Physical Damage Insurance 

Your liability insurance covers damage to other people’s vehicles. But what about your own vehicle? With only the minimum insurance coverage, you may have to pay for repairs out of pocket. 

Physical damage insurance prevents this situation. It covers damage to your own car in case of a collision. You can also buy additional coverage that would help with non-collision damage. 

Classic Car Insurance 

Classic cars require liability insurance, too. If you drive a classic car, you may also want specific coverage that goes beyond the basics. Classic car insurance focuses on the car’s market value, not just the sum of its parts. 

The Insurance Mart in Blue Ridge, GA 

How can you know if you have the right coverage? You can start by reviewing your coverage once a year. This way, you can make sure you have what you need in light of life’s changes. Have questions about your insurance options? The Insurance Mart team would love to help. Contact us today or visit us here in Blue Ridge, GA. 

What Should Your Health Insurance Cover

Health insurance is important in case the worst happens as medical bills can be high if you do not have the right coverage. So, what kind of health insurance should you have, and what is a must to add to your insurance?

The Insurance Mart in Blue Ridge, GA is proud to offer health insurance to residents in the following states:

  • Georgia
  • Tennessee
  • North Carolina
  • Florida
  • South Carolina

The Insurance Mart works with several providers so that we can ensure that the insurance you end up choosing suits you and your needs. 

Health Insurance Must-Haves

Health insurance is not easy to navigate, but we recommend that you consider the following health insurance items: 

  • Dental health, as even when looking after your teeth well, sometimes you can’t avoid the need for dental treatment
  • Life insurance, especially if you have children or debt, so you do not leave debt behind for your family to deal with

What Impacts Your Health Insurance

Health insurance can be different for everyone, and you and our advisors will look at the following to determine what additional coverage you should add:

  • Your age, as unfortunately, certain ages come with certain health risks
  • Your lifestyles, such as your diet, exercise routine, and smoking habits that could affect your health
  • Current and past medical conditions
  • Where you live, some areas might provide more risks to your health than others

If you want to receive a quote for health insurance, contact Julie at The Insurance Mart in Blue Ridge, GA GA today We will determine what type of coverage is most relevant to you and your situation and provide you with different quote options from our wide range of providers. 

Types of Life Insurance

Life insurance is an investment and, like with any investment, you need to know your options. Here at The Insurance Mart serving the area of Blue Ridge, GA, we would like to talk about the two main types of life insurance available to you so that you can make an informed choice when it comes to making sure your family is taken care of after your death.

Term Life Insurance

Term life insurance is just that, life insurance for a specified term or timeframe in your life. If you die within that term, the death benefit is paid out to the beneficiaries that you have listed in your policy. If you don’t die, then you have to renew your policy or let it lapse. The benefit of this type of policy is that the premium is (usually) lower in the beginning. As you age, it often gets harder to renew, more expensive to have, or both.

Cash Value Life Insurance

This type of life insurance has several different names but the most common alternative is whole life insurance. This type of insurance is for the entire length of your life. It is paid to your beneficiaries upon your death. This type of insurance may also have a cash value attached to it in addition to the death benefit. There are several benefits to this type of policy, the only real downside being that the premiums are expensive in the beginning. However, in the long run, the insurance premium evens out.

Act Today

To get your head around the type of life insurance that will best suit you and your pocket, speak to the people at The Insurance Mart serving Blue Ridge, GA today and rest easy knowing that your family is in good hands.

What to Consider when Purchasing Renter’s Insurance in NC

The contents inside our homes is often overlooked, and it can be expensive to replace if damaged or stolen. If you rent your home, then renter’s insurance will help you avoid a financial loss. Oak Ridge Insurance Services serves the area of Oak Ridge, NC and is available to help you find the right renter’s insurance for you.

Renter’s insurance has several subcategories, but there are two main areas to consider.

Liability

Liability is one of the foundations of any good insurance policy. If someone enters your home and is injured, then do you have enough coverage if you are legally liable? Additionally, liability can cover damage to the property caused by a resident or a visitor if you are legally liable. Consider the policy wording carefully and cover all your bases when it comes to liability.

Loss

Loss is the second area to consider. Your policy will specify a list of perils against which you will be covered. These include disasters like fires and windstorms. Theft is another peril that is usually covered. The third section of perils may include things like water heaters that suddenly crack or break that are not a result of wear and tear. When it comes to loss, compile an inventory ahead of insuring your contents. An inventory is a complete list of the contents of your household. For big-ticket items, specify these in your policy to avoid complications down the line. For jewelry, make sure you have valuations.

Renter’s insurance is not expensive, and for a little bit extra every month you can rest knowing that you are covered against loss, damage, or injury inside your home. Speak to Oak Ridge Insurance Services serving the area of Oak Ridge, NC today.