Your business is your source of livelihood. As such, you need to protect it from the many financial liabilities it may be subject to. You protect your business by purchasing the right commercial insurance policy.

However, you need to make sure your commercial policy will adequately and affordably protect your company’s needs.  The following are four things you need to do before purchasing a commercial insurance policy for the best results:

Find out what the legal requirements are

Commercial insurance is not necessarily an optional thing. You may need commercial insurance according to the rules of your local government.

Some types of commercial insurance you are probably required to have legally include general liability insurance, workers compensation insurance, and commercial auto insurance.

Familiarize yourself with the most common types of commercial insurance

There are numerous types of commercial insurance to consider. In addition to general liability, workers comp, and commercial auto, you may need any one of the following additional types to protect company assets:

• Property 
• Professional Liability
• Employment Practices Liability
• Errors and Omissions

Compare quotes from different providers

It’s important to shop around. Different insurance providers will offer more competitive rates than others. Also, different insurance providers may specialize in insuring different types of business.

Make sure you do some exploring and avoid getting a quote or information from only one insurance provider.

Work premium payments into your company budget

Your commercial insurance policy premiums are going to be an added business expense. This means you need to work the costs into financial projections to make sure premiums don’t put you in the red.

If you need assistance purchasing business insurance in Longwood, FL, contact us at Express Insurance to learn more about the policies we provide.

All people need to make sure that they are properly covered by insurance. Most people are aware that they need to get adequate home and auto insurance. However, there are other types of insurance that Longwood, FL area residents need to consider as well. One very important type of insurance that should also be considered is umbrella insurance. There are several reasons why getting umbrella insurance is a great option for you.

Gives Coverage For Additional Risks

One of the main reasons why you should get umbrella insurance is that it will provide you with coverage for risks that are not covered by your other policies. Your home and auto policies will provide you with a good amount of liability insurance. However, there are a lot of specific situations in which you will not receive coverage. For example, if you are sued for libel or slander, you will not receive coverage under your base home insurance policy. However, this would be covered by umbrella insurance.

Gives Additional Coverage

Another reason to consider getting an umbrella insurance policy is that it will provide you with additional insurance coverage. One of the biggest concerns that people have with their base liability policies is that it may not provide enough coverage for extreme situations. However, if you are looking to bridge that gap, you can do so by purchasing an umbrella insurance policy that will give you additional liability coverage.

If you think that getting umbrella insurance would be a good idea, contacting the Express Insurance company could be a great first step. When people in the Longwood, FL area meet with Express Insurance they will receive more insight into the benefits of umbrella insurance and they will be able to better determine what type of policy and coverage levels they should get.

 

Living in a condo in Longwood, FL is a great way to experience the great location and sunny weather without having the additional responsibilities of someone in a house who has to take care of other property duties. Roommates can share expenses and help in other ways. Sometimes bad things happen, even in the best of circumstances, and you want to make sure you can recover from a setback. 

Hopefully, you already have an insurance policy to protect your condo in the event of a fire or theft. The policy you obtained through Express Insurance will help you when you experience an unforeseen circumstance. It will cover your property, including appliances, furniture, and personal possessions. 

An insurance policy is basically a contract. Your own policy has your name and information and is a contract between you and the insurance company. You provide your insurance premiums to the insurance company, and they help by providing coverage when you have a loss. Anyone who is not a party is not protected by it. Even your children will be listed on your contract so they can be protected. 

Your roommate, unless he or she is on the policy by name, is not a party and will receive no coverage. That means if there is a fire or theft, the property is not covered. If someone sues your roommate for an incident at the condo, the insurance company will not provide legal counsel or help to pay damages. And if the property becomes unlivable for whatever reason, the insurance will not assist your roommate in finding a temporary place to stay. 

If you have a roommate in your Longwood, FL condo, make sure they have the protection they need. Call  Express Insurance today for a free quote. 

Having adequate coverage for your business in Longwood, FL is important, and many business owners should look at their policies to make sure they are covered in a number of different events.

A Business General Liability Insurance Policy will cover many things for your business and will include physical damage, property damage, injuries that take place on the property or as a result of products, medical payments, cases of slander, libel or misleading advertising, and legal fees. Speaking with an agent at Express Insurance will help make sure that your general liability policy covers what you need for your specific business. While these policies cover many things, make sure you know the limits on coverage. Certain perishable items, like food, are excluded.  There could also be limits on different items. If you need more coverage for certain items, there are riders.

Your commercial policy should have policy limits that are high enough to protect your business. The amount that is necessary is going to depend on the risk your business faces. Insurance agents can help assess the risk.

Know who is covered under your policy. Usually, the type of business determines who is covered. For example, in a corporation, you, other owners, shareholders, and directors are usually covered. If you use subcontractors, they aren’t always covered.

While a business general liability policy will cover most of what you need for your business, there are other things you may want to add to your whole commercial insurance portfolio for extra coverage. If you have employees, workers’ compensation insurance will protect the company if there are any injuries on the job. There are other liability policies that could be necessary depending on your business, which includes liquor liability or pollution liability.

Contact Express Insurance serving Longwood, FL to find the right commercial insurance for your business needs.

 

Renters insurance is a type of insurance policy that covers the contents of a rented house or apartment.  One of the most common misconceptions among renters is that if there is a disaster, such as a fire, that destroys their belongings, the landlord’s insurance will cover the cost of replacement. The truth is if there is any type of damages to your belongings while renting a house or apartment in Longwood, FL, you are responsible for the cost of replacement.

Landlords Insurance vs. Renters Insurance

While it’s true that the landlord is (should be) insured, their policy only covers the structure itself. They are responsible for protecting damages or loss that is caused by the building. For example, if there is a fire, the landlords Express insurance policy will cover the damages to the building itself; it will not cover any contents that do not belong to the landlord. It is the responsibility of the tenant to cover the damages and replacement costs for their personal belongings.

Renters Insurance is Inexpensive

One of the most common reasons why many renters do not consider buying renters insurance is because they think it is expensive and they aren’t aware of how expensive it would be to replace their belongings in the case of a disaster. The good news, renters insurance is generally inexpensive and the policy typically protects against damages caused by tornados, fire and smoke, theft or burglary and even thunderstorms. Some policies may also cover medical and/or legal expenses should someone get injured inside of your apartment.

Your Property is Valuable

Many renters underestimate the actual value of their property; they think since they have been using the same furniture or appliances for some time that their belongings aren’t of any value. However, it has been estimated that in general, the average home renter has about $30,000 worth of personal belongings, including furniture and appliances. Without renters insurance, when replacing your damaged belongings, the costs can add up quick.

Renters insurance is available in several different policy options. The ideal way to help determine which bracket of renters insurance applies to you is to do a complete inventory of all of your possessions. This will help to determine an actual or estimated value of the contents of your home. When doing inventory, don’t forget to include items such as clothing. Once you have tallied up the value of all of your stuff, you may be surprised at how much everything you own is actually worth.

Those in living in and around Longwood, FL interested in buying or learning more information about renters insurance should contact Express Insurance.

You are doing well. There is the comfortable house in Longwood, FL, three cars, the beach house and your business is booming. You have all the needed insurance policies from Express Insurance to cover the basics, but is it enough?  You need to look at umbrella insurance and why for such a low cost it is a smart investment.

When You have Maxed out Your Maximum Liability

You have raised the maximum payout for any accidents on your home and auto insurance.  That’s good, but what happens if your teenager destroys a Ferrari and sends the driver to the hospital with serious wounds?  Your insurance policy may not cover all of the medical costs and it most certainly isn’t going to buy a new supercar.  The injured party’s attorney is going to look around and see who can afford to pay for those bills.

You Have More to Lose

You have worked hard to amass your personal fortune. However, that single Ferrari and a lengthy hospital stay could empty out your wallet. You might end up selling the beach house or even dip into your business accounts to take care of the problem.

You could have an umbrella policy and it wouldn’t even be a problem.

Secure the Kids’ College Fund and Your Retirement

An umbrella policy picks up where your other policies leave off, including taking care of that $300,000 accident. You can still plan your beach vacation, the kids are still going to the University of their choosing, and you have peace of mind.

In the end, umbrella insurance is simply good accounting for the successful individual who has turned their Longwood, FL business into a going concern. Give your agent at Express Insurance a call today and ask how umbrella insurance can work for you.

 

 

In the simplest terms, commercial insurance is an insurance policy that is designed to protect a business. Commercial insurance is vital in protecting a business from many circumstances, like theft, liability, and damage to the business’ property. Aside from this, commercial insurance also covers injuries that employees sustain during work hours and any interruption of the business’ normal operation, provided that such interruption falls under certain categories. In a broad sense, these certain categories include natural disasters, violent events like riots, or even something more benign. Repairs to the business are one such example and commercial insurance policies will generally cover this as long as the damage is not the fault of the business.

The cost of commercial insurance varies greatly due to the type and size of the business covered under the plan.  A business in a high-risk neighborhood will also likely have a higher cost. Similarly, a business located in a low-risk area will probably have a lower cost due to the location’s increased safety. The type of business covered also affects the cost of coverage, but those are general figures for commercial insurance coverage in the state of Florida.

After learning all these facts about commercial insurance, you might be wondering if it’s a good idea for your business. Commercial insurance, while not cheap, is essential in protecting a business from financial loss. The cost of commercial insurance far outweighs the cost a business owner would have to deal with themselves if they did not have commercial insurance. With commercial insurance, the loss of revenue due to business interruption is covered thus the business remains financially viable even after it’s forced to close temporarily for whatever reason.

Many business owners in Longwood, FL choose the financial security of commercial insurance and if you are looking to become one of them, Express Insurance is the prime destination for all your needs. The company is serving Longwood, FL and if you want to contact them for further information, you can call Express Insurance at 407-215-7318.

 

Having the right homeowners’ insurance is critical to your financial well being, and can help make the difference during a covered event. There are a few different types of insurance to choose from, so it is important to know what type will best fit your needs.

Market Value Insurance

If you choose to select market value insurance, you will be able to collect the amount it will cost to replace your home according to the current market value. This can be helpful if the market values fluctuate in your area, or if you would like to ensure you can completely rebuild your home without gaps in the project. If you select this type of insurance you are more likely to complete projects without issues.

Replacement Cost

If you choose replacement cost, you will be covered for the amount it took to build your home. If the market value changes, you are still locked into a specific value. The deductible may be somewhat cheaper and the claims process will be slightly less difficult. There are some advantages, but it is best to consult with your insurance agent to determine if this is the right choice for your needs. For more information on the different types of homeowners’ insurance, you should contact Longwood, FL, Express Insurance. Call or stop by the office to get the most out of your homeowners’ insurance policy so you can rest easy knowing you are protected.

Get all of the information you need to make an informed decision regarding your homeowners’ insurance with Longwood, FL, Express Insurance. Get the right coverage and excellent customer service. 

 

 

As an entrepreneur or business owner, there is a need for you to gain a basic understanding of different types of commercial insurance coverages. It is the only way you can fully cover all your assets, reputation, as well as personnel. Express insurance provides a number of choices in deductibles, billing, as well as coverage.

1. Business Insurance—What Is It?

Commercial or business insurance mainly comprises of four coverage options. They include:

• Umbrella insurance
• Property insurance
• Commercial auto insurance
• General liability

2. Why Do You Require Commercial Insurance in Longwood, FL?

Through the coverage options listed above, you get to protect business equipment and premises against damages as well as theft. Express insurance enables you to indemnify the business and yourself against damages in the event that your property is damaged or a person gets injured on your property. Additionally, you also get to insure your company vehicles as well as their drivers. The umbrella policy makes it possible for you to cover yourself against larger losses as well as any other threats that may arise.

3. What are the Premiums?

The premiums for each coverage option will vary. An insurer will decide the premiums that you ought to pay after looking at the kind of risks faced by your business. Smaller businesses will often pay lower premiums compared to larger conglomerates.

4. Is Commercial Insurance a Deductible?

Yes, business insurance is absolutely deductible. You can deduct it from your business expenses if it covers your trade or business operations. But, you cannot deduct it when it only covers a self-insurance reserve fund or loss of business earnings.

5. Is Business Insurance Required by Law?

There are situations where commercial insurance is required. Certain businesses are required to carry worker’s compensation, disability, and/or unemployment insurance. Certain professions such as law and medicine practitioners may also be required to have professional liability covers.

You can call, visit, or email our Longwood, FL offices for a detailed consultation on all your commercial insurance needs. Our agents are always ready to address any questions or queries that you may have.