The Best Way to Protect Your Classic Car Is With Classic Car Insurance

Many people have different views of what a classic car is. While you might think the car that’s been parked in your garage for the last 20 years is a classic, the guy down the street may disagree with you. No matter his opinion, though, you want to make sure you protect the assets that mean the most to you, and there’s no better way to do this than by investing in insurance. For now, Innosure Insurance, serving the Enfield, CT area, wants to take a quick look at the benefits of protecting your classic car with classic car insurance. 

The Benefits of Classic Car Insurance

A lot of people are fooled into thinking they do not need to purchase classic car insurance because they hardly ever drive their classic cars. But what happens when it’s a sunny Sunday afternoon and you decide to take the car out for a quick spin, and while you’re out, it starts raining, and you slide off the road and hit a mailbox? Who is going to pay for the damages? Worse yet, what is going to happen if you get a ticket for not having insurance? With all of this in mind, you can see why it is important for you to make sure you protect your classic car with classic car insurance. Even if you don’t drive the car very often, you should still consider a classic car policy and make it a top priority. 

In addition to protecting your car if it has been involved in an accident, having classic car insurance can also protect it against vandalism and theft. You never know when someone might want to steal your classic car and this is why you need to invest in insurance. 

Contact Innosure Insurance today, serving the Enfield, CT area, to learn more about protecting your vehicle with a classic car policy.

A How-to Guide for Shopping for Renter’s Insurance

If you live in an apartment, condo, duplex, or even a home that you rent, it is of the utmost importance that you shop around for renter’s insurance. Having this type of coverage can be of extreme value in the event your residence is burglarized or is damaged by a covered event, like a fire. The exact types of coverages that you will obtain will, of course, depend on the policy you invest in. You can contact Innosure Insurance, serving the Enfield, CT area, today to learn more about renters insurance. For now, let’s look at a how-to guide for shopping for renter’s insurance. 

Contact Your Current Insurance Provider

The first company you will want to call when shopping for renter’s insurance is your current insurance provider. There is a good chance you can save money on this type of insurance if you bundle it with your other policies. In fact, you may be able to receive such a large discount that you don’t even have to reach into your bank account any deeper to pay for the renter’s insurance monthly premium. 

Hop Online

After you have received a quote from your current insurance provider, you can hop online and compare quotes from other insurance agencies. It’s usually best to get quotes from at least four to five other insurance agencies, but the more, the better. 

Pick a Policy

Once you have compared apples to apples and you have pinpointed which policy is best for you, it’s now time to contact that insurance agency and wait for the policy to go through underwriting. After underwriting has been completed, you can make your first payment and start enjoying renter’s insurance. 

To learn more about renter’s insurance, please contact Innosure Insurance serving the Enfield, CT area. 

Are There Different Levels of Motorcycle Insurance?

Motorcycle insurance is something that all riders need no matter what. Be it to help pay back a loan if the bike is totaled or to help cover medical expenses if you are in a wreck, motorcycles are vulnerable on the road, and a policy is going to help protect you. As with most types of insurance, there are different types and levels of insurance that you can add to your motorcycle to protect you and your bike. For those in the Springfield, MA area, the agents with Innosure Insurance can help you find the level of coverage that is right for you.

There are different levels of coverage that you can take out to help protect your bike. The basic level is, of course, going to provide liability for you as a driver and for anyone else that may be involved in an accident with you. Basic coverage is all that is required to be legal to drive your motorcycle on the road, but you can add more coverage as needed. Adding more coverage may be a good idea based on a few different factors.

  • If you drive in a heavily populated area where you may be in an accident, you may need more coverage.
  • If you live in an area where your bike may be damaged, you can benefit from more coverage.
  • If you feel safer with more coverage, then adding more coverage is the best way to go.

The right amount of coverage is not only going to protect you, but it is also going to make you feel better about riding your motorcycle so that you are both legal and safe. For those in the Springfield, MA area, the agents with Innosure Insurance can help you find the right policy for you.  

Why Have Umbrella Insurance

Umbrella insurance is useful to have for so many reasons. If you’re trying to determine if an umbrella policy could benefit you, there are a few factors to consider. For instance, you should understand what umbrella insurance covers, and why it’s beneficial no matter how many assets you have. Innosure Insurance in Enfield, CT offers umbrella insurance to residents throughout the New England area and wants you to educate yourself before opening up an umbrella insurance policy. 

What Umbrella Insurance Covers

Umbrella insurance is a form of liability coverage that protects you when you exceed the coverage on your original policy. For instance, it covers you in the event you have litigation arising as a result of property damage or a personal injury accrued by you. It also covers if you’re sued for property or injury expenses and have legal fees as a result. 

Doesn’t Matter What You Own

It doesn’t matter if you don’t have a house or other assets, umbrella insurance could still benefit you. Don’t think just because you don’t have a hefty bank account and a home that a judge will feel sorry for you and feel pity for you during the judgment process. Even if you don’t have any assets, you can still receive a huge lawsuit that you can’t afford and that can follow you. 

Too Many Lawsuits to Risk it

In today’s world, lawsuits are common. Even if you’re careful, it doesn’t matter because you could still find yourself in the midst of a lawsuit you can’t afford. If you have a standard policy, the price of the lawsuit could exceed the limits, and then you’ll have a financial responsibility to the other person. 

For a quote on an umbrella insurance policy, contact Innosure Insurance, serving Enfield, CT, and the surrounding region, by calling 860-265-3905. 

 

Benefits of Life Insurance

Regardless of your current status in life, you never know what tomorrow holds. Since you can’t protect your family from grief when you are gone, the least you can do is to protect their financial future. Allow them to continue having the lifestyle you have worked so hard to give them by buying life insurance. Even though most of the residents in Enfield, CT already know this, only a handful has taken the initiative to buy life insurance. At Innosure Insurance, we strive to help you understand what suits you most. Some of the benefits of life insurance are:

Financial Protection

This is the most important benefit. It takes care of your final expenses like funeral expenses and pending medical bills. It also replaces your income by allowing your beneficiaries to pay off debts, college fees, mortgages, and even taking care of their day-to-day household expenses.

Peace of Mind

You get to live worry-free knowing that your loved ones are protected. No matter how small or big the policy is, all that matters is that they’ll have somewhere to start.

Builds up Cash Value

Life Insurance offers returns on premiums at a given interest rate. Plus, if you opt for the permanent policy, you can build up your cash value. You can use these extra funds for whatever purpose you want. You can also get a loan as a percentage of the cash value.

Living Benefits

You don’t have to pass away for your family to receive the death benefits. If a policyholder gets critically ill to the point that they can’t perform their daily activities, then they can tap into their benefits for medical expenses or income replacement.

It’s wise to take up life insurance as early as possible. Just like any other insurance, it has different coverage options with different premium rates that make it affordable for everyone. Talk to an agent at Innosure Insurance in Enfield, CT to get a quote.

How secure is your business?

It is everyone’s wish to have a business but how do you know the business you have is secure? How do you survive in the midst of all the risks in the economy? Well, worry not. Innosure Insurance in Enfield, CT is here to guide you through ways to protect your business as well as yourself.

We have been in the insurance business for a long time, and that has given us experience and knowledge of what is expected in the business world today. We can predict risks depending on your type of business, and that enables you to plan. We offer you different insurance coverage options to help secure your business, but first, we have to familiarize ourselves with your business.

It is easy to assume that your business is safe, especially if you haven’t encountered any major risk but life is full of surprises, and since the business world is evolving, you need to secure its future. Innosure Insurance helps you understand your business and the kind of risks that might occur and from there; you can decide on what coverage to take.

Over the years, we have dealt with various companies, and from that, we offer specific commercial coverage options. Here are some of the options you can choose from:

Liability Insurance

In the business world, you might get sued for omission or negligence, and that might cost you a lot if you had no savings or a plan for such encounters. However, with this coverage option, you need not worry if you or your business gets sued for negligence or liability.

Commercial property insurance

With this coverage, you get to protect your business property from various risks or damage caused by fire, theft, storms, or any other natural disaster. Remember: it is not easy to predict the future, so it is only smart that you secure it from unforeseen perils.

In addition to the above, we also offer a workmen’s compensation policy. If you are in the Enfield, CT area, please feel free to visit us or contact us to get more information on commercial insurance.

 

 

Should You Pay Your Premium Up Front, Or Make Payments?

When you decide to purchase auto insurance, in most cases, the company will give you the option to pay your premium in a lump sum for either one year or six months. They usually also give you the option to pay in monthly installments. If you are like most people, you wonder which option is the best for your situation.

The Lump Sum Option

The question that probably goes through your mind when you are offered the option to pay in a lump sum rather than monthly payments is, "how will this benefit me?" That depends on your situation. For most people, they choose to make monthly payments because it is the most common method of payment. Many companies offer a choice as to whether or not you prefer to pay in a lump sum or installments. If you feel you can make the payment up front, then you may want to consider this option. It is also beneficial because you can pay and not have to worry about missing a payment because you forgot. You can have peace of mind knowing your coverage is in place for an extended period.

Monthly Installments

In some cases, your insurance may be factored into your car payment. If this is the case, you will need a monthly premium. Even if that is not your situation, you may still find it somewhat easier to pay at the same time every month instead of having to worry about a larger premium later on. Some companies will require you to pay the lump sum, so make sure a monthly payment plan is an option. Keep in mind; several factors will also affect your total monthly premiums such as previous accidents, age, and vehicle models. For more information on auto insurance premiums, contact Innosure Insurance in Enfield, CT.

If you want reliable auto insurance that offers high-quality coverage and flexibility, call or stop by Innosure Insurance in Enfield, CT. Our knowledgeable and experienced agents can get you the coverage you need and get you started with a quote.