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.

What to look for when getting rates on insurance

Getting better auto insurance rates may seem like it’s as easy as calling up several different companies. But the truth of the matter is that there are a lot of factors that go into how a company determines the total due for your policy. If you’re thinking of getting new coverage or you’re a brand new driver, keep the following tips in mind courtesy of Insurance Concierge. 

Playing It Safe 

The drivers in Linden, NJ who take the necessary precautions on the road are also the ones who are likely to enjoy better rates when it comes time to pay their monthly policy. They’re the people who use traffic school to brush up on their skills — even when they’re not required to,  If you’ve been known to cut a few corners when you’re out for a drive (and you have the tickets to prove it), you may find yourself with rates that are on the higher side. In addition, safety gear on your vehicle can also make it easier for you to get better rates for your policy. This can include anything from a fancy tracking system (that will show where your car is in the event of a theft) to low-tech devices like a steering wheel lock. 

Getting Help 

If you’re in Linden, NJ and looking for an insurance company, who can make it easier to find the policy for you, give Insurance Concierge a call. We’re here to answer your questions, provide you with a quote, or offer general advice about how auto insurance works. If you’re just starting off as a driver, we can give you the information you need to stay safe when you’re out and about. We look forward to being here for you whenever you need us!

Local Truck Drivers in Linden, NJ Need Trucking Insurance Too!

Long-distance trucking typical involves lots of things needing to be in place for cross-country operations. Drivers need to have the right type of rig, training, equipment, and support so they don’t get stuck in the middle of the Dakotas when the nearest company operation might be in Alabama. However, just because a trucking outfit may never hit the interstate or go 100 miles out of their local neighborhood in Linden, NJ doesn’t mean that such companies don’t need to have trucking insurance.

The fact is, truck accidents don’t discriminate between long-distance haulers and short, regular commuters according to the experts at Insurance Concierge. They happen where people make mistakes or conditions change unexpectedly, and then damage and injuries occur.

When it comes to managing risk, transport companies frequently worry about the biggest, most significant risks first. Why? Well, no surprise, we’re all programmed to think that way thanks to the local news and media constantly showing viewers worst-case scenarios of road accidents. However, for regular operations, the focus really should be on the lowest level denominator. And that usually means the regular routes, the most common shifts, the drivers who hit the truck steering wheels with the most frequency. This is a matter of statistics and probability, and the more contact drivers have with the risk possibilities, the greater chance they have of being in an accident.

Local drivers hit that mark, driving more in short hops and limited distances with more time in the same day, and often with changing conditions. Highway truck drivers don’t even come close as their conditions change gradually with the interstate, not the next street block. Protect your company and your drivers from the high probability of local truck driving risk. Talk with the agents of Insurance Concierge in Linden, NJ and get covered today.

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