How to Protect Your Company From Liability

Running a business in Linden, NJ or the surrounding areas can be very rewarding, but it can also be hazardous. Anyone who owns and operates a business is putting themselves at risk of liability for a vast array of things. However, there are steps suggested by Insurance Concierge you can take to protect yourself and your company from lawsuits. 

Stay Well Insured

Commercial insurance is one of the best ways to avoid financially ruinous liability. Your insurance will protect you and your employees when things go wrong. If the property is damaged because of an employee, or if someone is hurt because of your good or service, then your insurance will cover the expenses that are incurred because of that. The same goes for incidents that may happen on your company’s property. Insurance is your first line of defense in protecting your company. 

Remain Professional

It is imperative today that you and your employees understand the importance of remaining professional at all times. What you say can be used against you. You as the employer can help your employees learn what is expected of them when they are interacting with customers and when they are representing the company in public. Training your employees in these matters will help discourage unprofessional behavior which could get your company in trouble. 

Separate Yourself From The Business

It is also helpful to make sure that you and the business are separate entities. This way, even if your company were to get hit with a lawsuit, it would not be personally held against you. This can make things somewhat easier in this situation. 

If you would like to learn more about how you can protect your business, please call our friendly staff today at Insurance Concierge in Linden, NJ. Our staff will be happy to talk to you. 

Home Insurance can Help You Recover after Winter Storm Damage

It is the day after the big blizzard that blew through Linden, NJ and you have a tree through your roof or perhaps damage to the siding and windows. At Insurance Concierge, we just want to remind you that your home insurance will help you work your way through this troubling time. Let’s start with what you should do as soon as the damage is noticed.

Family Comes First

First of all, determine if your home is safe for you and your family to remain inside until repairs are completed. Check your gas lines, water, and electricity. If the heat is out or there is an unstable structure, take your entire family to a safe location–whether that is a hotel or a friend’s house.

Make the Call

Now, it’s time to get to work. Give your home insurance agent a call and open a claim. This will start the ball rolling by dispatching an adjuster to the home to help you get reimbursed for the extra expenses incurred while you cannot live in your home. We may have a recommended disaster abatement team that can help to secure your home and protect your belongings while repairs are scheduled and completed. 

Protect Your Investment

Now that the first shock is over, take a look and see what can be done to prevent further damage from occurring. Hire a storage pod for furniture, get a sump pump going for the water in the basement or start removing fallen branches that are threatening your home. You might be surprised at what can be salvaged.

Remember, at Insurance Concierge we have a wealth of local Linden, NJ resources at your disposal in times of crisis. Pick up the phone, give us a ring, and get your life headed back in the right direction. 

Auto Insurance Myths

When getting an auto policy in Linden, NJ, you need to understand factors that could affect coverage and cost of insurance. There is a lot of information out there that isn’t necessarily true, as seen in these myths.

Myth 1: Color Affects the Price

While an auto policy can be affected by many factors, including make, model, body type, the overall safety record of the car, and age of the car, color is not one of the factors. Insurance companies will also look at the driving record and credit history of the driver.

Myth 2: You Only Need the Minimum Liability Insurance Required

If you only have the minimum liability insurance required, then your car isn’t covered at all in the event of an accident. The liability coverage only pays for injuries and damages that occur to others, and paying out of pocket for these costs can be expensive. An agent at Insurance Concierge can help you come up with a policy that gives you additional coverage, while still staying in your budget.

Myth 3: Insurance Will Cover if Your Car Is Stolen, Vandalized, or Damaged by Weather

Unless you have a comprehensive and collision policy, then you won’t have coverage for any damage to your car.

Myth 4: If Someone Else Drives Your Car, His or Her Auto Insurance Will Cover Damages

Usually, the car owner’s insurance is the primary insurance, and he or she has to pay for damages for an accident. The person you let drive your car may also not have adequate coverage.

Myth 5: Premiums Rise As You Get Older

Some believe that because older drivers are more likely to get into a crash, due to poor eyesight or slower reflexes, they get charged higher rates. However, most drivers over 55 can qualify for insurance discounts.

Contact Insurance Concierge, serving Linden NJ, to get a quote on auto insurance. 

 

3 Things to Consider When Buying a Used Semi-Truck

Buying a semi-truck in Linden, NJ is never simple, especially when you are on a tight budget and want to buy used. One of the best things about buying used is that you can save a lot of money and you can get a variety of accessories that you may not otherwise be able to afford. It is important to keep in mind that when buying a used semi-truck you can’t be enticed to buy only because of the cost. Here are three things to keep in mind when buying used semi-trucks.

Know Your Budget

Before you even begin your search for a used semi-truck, it is essential that you know what your budget is and be prepared to stick to it. Do not be tempted to spend a couple of thousand more on something that you won’t be able to afford. The point of setting a budget is to determine what type of payment you can comfortably afford, and if you do your homework, there is no reason to increase the price you will pay. When creating your budget, keep in mind that along with your payment for the semi-truck, you will also need to include fuel, maintenance, and the cost of your trucking insurance with insurance concierge.

Consider the Mileage

A used semi-truck will understandably have more miles than a brand new semi, but how many miles are too high? Semi-trucks are designed to run for hundreds of thousands of miles, so don’t turn your back on a truck that has close to 400,000 miles. However, if there are more than 500,000, be sure to ask for detailed service records and have it inspected by a professional mechanic.

What Will You be Hauling?

The type of loads you will be hauling has a significant impact on the type of semi-truck you should buy. For instance, will you need one with a reefer attached or one that is refrigerated? Knowing the kind of truck you need before you start searching for the best bargain will help narrow down your search.

Remember to do your homework before going to look at semi-trucks. Have a general idea of the make and model you are interested in and what the average price is for a used semi-truck.

Residents of Linden, NJ that are interested in learning more information about trucking insurance should contact Insurance Concierge.

 

Do I Need Commercial Insurance When Working From Home?

Working from home is one of the great joys of owning your own business. A number of perks come with it, including the ability to spend more time with your family and saving on certain business expenses. However, you may wonder if you need commercial insurance when working from home. At Insurance Concierge, there is a team of professionals on hand to help walk you through the answers for your Linden, NJ business. 

Do You Have Merchandise?

With your business, do you produce or manufacturer anything? Whether it’s screen printing t-shirts or selling custom mugs, if you have any kind of stock on hand, you should consider commercial insurance. In the event of a break-in or a house fire, your commercial items may not be covered, which can represent a sizable loss in your stock and a major hit to your finances. To protect your business assets, it’s a good idea to invest in commercial insurance. 

Do You Drive For Work?

You might work at home but do you drive your own vehicle for any kind of business? Perhaps you drive deliveries or you regularly meet customers at a satellite office. If you’re in your car for any amount of time concerning business, it’s a good idea to invest in commercial vehicle insurance. If you’re in an accident while driving your vehicle, your regular car insurance may not protect it. With the help of commercial insurance, you can avoid these kinds of problems.

Whether you work inside or around Linden, NJ, there’s a chance you need commercial insurance, even when working from home. Whatever your professional insurance needs may be, the team at Insurance Concierge is on hand to help you through the process of finding what’s right for your company. 

Get Your Home Ready Before You Leave on Vacation

You deserve a relaxing vacation. Between work and the kids, you rarely have time for yourself. So, when it’s time to go on a vacation, the last thing you want to worry about is your home. In Linden, NJ, the professionals at Insurance Concierge would like to offer some helpful tips regarding how you should prepare your home before you leave on vacation.

Is Someone Home?

Make your home look like you’re still there. Burglars look for houses that are empty for days at a time.

  • Have a family member or trusted friend house sit while you’re away.

  • Call your local newspaper delivery and have it stopped until you return. You can easily set up a return service date for your mail as well at your nearest Post Office.

  • Remember to leave the lights on. You can buy a timer for your lights and television. Set them to turn on in the evening and off when you regularly would go to bed.

Turn Off Your Appliances

If one of your appliances break down when you are on vacation, it could be extremely costly to clean up or repair.

  • Unplug small kitchen appliances to prevent accidental electrical fires.

  • Turn off your water valves that are connected to the dishwasher and washing machine. If there is an unforeseen leak, you could experience severe water damage when you return.

  • Depending on the time of year, raise or lower your thermostat to prevent a costly utility bill.

Other Things You Can Do

  • Let a neighbor know that you’re leaving so they can keep an eye out for unusual activity.

  • Get rid of food that’ll spoil

  • Tell your security company when you will be leaving and your return date.

The agents at Insurance Concierge in Linden, NJ are ready when you need some advice on home insurance. They can also help you with auto, commercial, contractors insurance, and more. Contact our offices to get a quote and learn more about a policy.

Car Gap Insurance and Market Replacement Cost

If a car owner in Linden, NJ purchases bare-bones car insurance, then all that’s likely to be covered is liability protection. This is what is needed to pay claims when causing someone else harm with a vehicle. However, if purchasing a better insurance policy, an option that could appear, depending on the provider, is what is known as gap insurance.

For those who buy a new car, this term matters a lot. It’s a well-known principle that as soon as a new car rolls off a dealer lot, the resale value seems to drop by a third versus the new car price tag it sold for. However, worse, if the car owner gets into an accident a year later, he or she may be hard pressed to get anything close to the replacement value of the same car model as well. That’s because appraisal values are often notably less than the value of what it takes to buy a replacement. This is where gap insurance comes in. As an extra policy benefit, a gap insurance term can provide the added value needed to get the same car replacement if the current new car is totaled and unrepairable. That’s the real car insurance coverage most people in Linden, NJ and elsewhere want if their car gets totaled and it’s not their fault.

The experts at Insurance Concierge can help. Because they have handled hundreds of claims, they can lay out for a consumer precisely what will likely happen in a repair situation and how useful an additional gap term would be for a given situation. That information can be invaluable in choosing the right car insurance coverage. To find out more, give the staff at Insurance Concierge a call or email today!

 

How Does Trucking Insurance Differ From Regular Auto Insurance?

When it comes to protecting your vehicles with insurance, it is vital to understand that there is a difference between putting insurance on your personal vehicles and putting insurance on your business trucks and cars. If the vehicles are being used for business purposes, you will need to let your insurance agent know this because it is pertinent that they are protected with the right type of insurance. If they aren’t, you may find yourself having to dig deep into your business bank account to pay for damages. For now, Insurance Concierge serving Linden, NJ would like to take a look at the differences between trucking and regular auto insurance. 

What is regular auto insurance?

With regular auto insurance, you can rest easy knowing that your personal vehicles are going to be compensated for in the event they are involved in an accident. The exact amount of compensation, however, will depend on the exact type of insurance you have. For example, if you don’t have collision coverage, then only the damages to other vehicles and pieces of property will be covered if you are at fault. If, however, you do have collision coverage, then any damages to your car will also be compensated for. When you buy regular auto insurance, you are stating that the vehicle will not be used for any type of business function.

What is trucking insurance?

With trucking insurance, you are letting your insurance agency know that you are using the vehicle to perform business-related functions, such as transporting supplies, meeting with clients and taking them to office locations, etc. Trucking insurance is very different from regular auto insurance because you are letting it be known that the vehicle is going to be used more than a normal vehicle and this is why trucking insurance tends to be more expensive than regular auto insurance. 

If you would like to learn more about trucking insurance and how it differs from regular auto insurance, please contact Insurance Concierge serving the Linden, NJ area. 

Does a New Startup Company Need Commercial Insurance?

Establishing a startup in Linden, NJ can be a very exciting adventure. You take your ideas and slowly watch them bloom into a reality. Before you get ahead of yourself, though, it is crucial that you be aware of the different types of insurance that you will need. Having insurance very well may be the difference between you being able to keep your business doors open for years to come. Let’s take a quick look at the types of insurance startups need and whether or not a commercial insurance policy from Insurance Concierge is needed. 

General Liability Insurance

This type of insurance will help protect your business in the event that a lawsuit is brought against it. Such lawsuits could come about as a result of someone being injured on your business property, or things like slander and libel.

Commercial Property Insurance

A commercial property insurance policy will provide coverage on the property that your business leases or owns. Many policies also provide coverage for assets like tools and inventory. It is also possible to buy commercial property insurance that pays out if you lose wages because of a covered loss.

Commercial Auto Insurance

If your startup uses vehicles for any of its operations, it is imperative that you invest in commercial auto insurance. This type of policy is needed regardless of whether you own or lease the vehicles being used for business functions. 

Workers’ Compensation Insurance

If you are a solo entrepreneur, you may not need to invest in workers’ compensation insurance. If, however, you have employees working for you, then it is vital to buy this type of policy. It will provide coverage in the event an employee is injured while performing work-related duties. 

The worst thing you can do as a startup owner in Linden, NJ is ignore the importance of insurance. With the right policies in place from Insurance Concierge, you can rest easy knowing you have coverage in the event that something unforeseen was to take place.

 

 

Keeping Your Home Safe This Spring

With warmer weather arriving, it’s good to remember key home safety issues as a way to keep you and your loved ones safe and secure. Here are several tips and pieces of advice to follow, courtesy of Insurance Concierge serving Linden, NJ and the surrounding areas.

Secured Doors and Windows

Keep all doors and windows closed and locked when you are away from home. It’s fine to open windows when the weather permits, as long as you stay aware of your surroundings at all times.

Batteries in Devices

Check all batteries in safety appliances like smoke and carbon monoxide detectors, and change batteries as needed. This is one of the most straightforward and most inexpensive ways to ensure safety in your home.

Repairs and Maintenance

Go around your home and assess for any repairs or maintenance that needs to be completed, and then promptly complete the tasks. For example, keep stair railings secure, and repair any porch steps that may be damaged.

Tripping Hazards

Slips and falls can happen anywhere, even in your home. Go around and assess any places where someone could fall or slip. Pay special attention to slippery surfaces, stairs, and uneven places. Evaluate your porch, deck, driveway, and yard too.

Unsafe Substances

Remove or properly store away unsafe substances in your home and yard, such as flammable items and paints. This is even more important if you have babies and children in your home.

Remember the saying "better safe than sorry." You can never be too cautious when it comes to your home and yard. Follow these tips this spring and all year long, and you will be contributing to the safety and well-being of everyone in your house as well as your peace of mind. To get more information about home insurance, please contact Insurance Concierge serving Linden, NJ and the surrounding areas.

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