Car Insurance Prepares You for the Unexpected

Lillis is an Iowa Insurance Agency located in Williamsburg IATraffic accident scenarios are common, from fender-benders to highway crashes.  In fact, according to the Census Bureau, over 10 million accidents occur on U.S. streets each year.  The key is to be prepared so that the costs involved in recovering from an accident are not devastating to your finances.

Commercial Vehicle Insurance Explained

How to Cover Your Company’s Drivers and Vehicles

The risks you face as a business owner vary widely from liability concerns to workers compensation issues to the possibility that one of your workers could be responsible for an accident.  If you have staff members who get behind the wheel, your commercial vehicle insurance will protect your business financially in the event of incident on the road.

Motorcycle Insurance for Whatever Awaits

Every activity comes with risks, especially those that involve wheels, speed, and the unpredictable factors that drivers and motorcyclists experience while on the road.  Make sure you have the motorcycle insurance you need to be fully covered in the event of an accident.

What Does Car Insurance Cover?

There are three primary types of insurance coverage:

  • Liability insurance: Covers the costs associated with injuries and property damage you are responsible for if you cause an accident.
  • Collision: Covers the costs to repair or replace your damaged or destroyed vehicle after an accident.
  • Comprehensive: Formally known as “other than collision,” this portion of your policy covers damage to your vehicle from causes such as auto theft and weather damage.

There are also several different types of coverage which may be available to you, including:

  • Medical payments: Covers the costs of injuries for you and others in your vehicle after an accident, regardless of who was at fault.
  • Personal injury protection (PIP): Similar to medical payments coverage, PIP coverage can pay your medical costs after an accident, regardless of fault. But PIP offers expanded coverage that includes coverage for lost wages.
  • Rental reimbursement: Pays a certain amount daily for a replacement vehicle if yours is in the shop for repairs.
  • Towing and roadside service: Provides emergency roadside assistance and towing to help you get your vehicle back on the road or to a shop for repair.

As you consider your policy needs, it is important to keep the coverage limits in mind.  The costs of a severe crash can quickly exceed the limits.  If that occurs, you will have to pay for costs out of your own pocket.

Protect Your Assets with Homeowners Insurance

Reduce Financial Risk with the Right Homeowners Coverage

Crime, accidents and severe weather are part of life, and every home experiences loss or damage of some kind, at some point. You can’t predict when you will experience a loss, but you can protect yourself financially. Where do you begin, and how can you compare homeowners insurance quotes when it seems every company offers something different?

Start by getting a free home insurance quote from one of our agents.  We can compare rates for you so you can get on with enjoying your home and family. We can also answer any questions you may have about how to get the right homeowners insurance for your needs, including personal property coverage, liability and more.

Home and Property Damage Facts

  • In an average year, 374,000 residences catch fire, resulting in $7.32 billion in loss
  • In 2010, 2,158,878 houses were burglarized, resulting in an estimated $4.6 billion loss
  • 1,691 tornadoes occurred in the U.S. in 2011, at a cost of $28 billion

Getting coverage for the risks of owning a home is simply a wise investment. We understands your geographic area and can help you make sense of the many options available to you.

Is Homeowners Insurance Mandatory?

Homeowners coverage is not required by law. However, if you borrow money to buy a home, your lender will likely require you to buy a homeowners insurance policy in order for you to qualify for a home loan. In this case, your home is collateral and the lender wants the collateral maintained. The lender requires insurance so you can afford repairs if the home suffers an insurable loss.

At a minimum, your lender will want your policy to cover or exceed the amount you owe on the loan. Most home owners, however, want enough coverage to repair or replace the home. We can help you decide how much insurance is right for you.

Home Owners Insurance - Home insurance plans for everyone

What Does Homeowners Insurance Cover?

Home Insurance by Lillis

Broadly speaking, insurance covers you for potential loss resulting from risks such as burglary or theft, severe storms, fire and also your personal liability. The specific risks you may face as a home owner could include floods and earthquakes, which you must cover with separate policies, as these disasters are not included in home insurance.

Your home liability coverage protects you in the event that someone is injured on your premises or you are responsible for damage to someone else’s property. You homeowners insurance can even protect you against injury you cause to another person off-premises under certain circumstances. Note that liability insurance will not cover acts of violence or intentional damage.

Your liability insurance would also typically provide coverage if:

  • Your child throws a baseball through the neighbor’s window
  • Your dog bites a visitor to your home
  • A visitor is injured on your backyard swing set or trampoline, or by falling on your icy sidewalk
  • A dinner guest gets food poisoning and is hospitalized

If someone files a liability claim against you, your insurance can pay for property repairs, medical or funeral costs or even a lawsuit if the injured party chooses to launch a legal process.

When evaluating the amount of liability coverage that makes the most sense for you, be sure to fully discuss your limits and deductibles with us. Take time to understand your risks, and determine whether you will be well covered in various circumstances. In the event of a disaster, the costs of recovering can devastate household finances. Quality home insurance can make a difficult situation bearable and help you get your life back on track.

Business Insurance Covers Your Risks

How to Get Commercial Insurance Quotes that Match Your Business Needs  Company Insurance and Commercial Insurance for your small business

Business insurance can be complex, and it takes an experienced insurance agent to help you get the right commercial coverage for your enterprise. You need an agent who can provide not just one portion of your business insurance needs, but all of your commercial coverage, from commercial vehicle insurance to professional liability coverage to workers comp.

We specialize in business insurance and can do just that. Unlike captive agents who provide specific coverage from one insurance company, independent Trusted Choice member agents work with many carriers. We can meet all of your commercial insurance needs, even when you need speciality coverage, or several different policies from different carriers.

Top Risks Businesses Face

  • Property damage from fire, storms and accidents
  • Liability in many forms, including product liability, accident/injury liability, libel, malpractice and professional liability or “errors and omissions” risks
  • Fraud, embezzlement, extortion
  • Cyber-crime and data lossGet your small business insurance quote today

Every company, large and small, has unique risks. Some have workers who operate heavy machinery or drive vehicles while on the job, while others serve food and alcohol or handle toxic substances. Doctors and hospital staff handle patients, body fluids, sharp needles and equipment. Some employees handle sensitive documents, data, or money, potentially opening the door to business fraud. For this reason, every company needs commercial insurance coverage specifically matched to the risks of the enterprise.

Determining your risks and making sure you have the right commercial insurance in place requires an evaluation of a wide range of factors, including:

  • Your business needs
  • How you serve your customers
  • How many employees you have on staff
  • The materials or substances those employees handle
  • Whether your employees drive in the course of their work
  • The safety of your building, equipment, and processes
  • The security of your data and intellectual property
  • Risks facing your corporate officers

To assess your business insurance needs, start by contacting us. We can fully address every aspect of your business coverage and help to ensure that you do not have gaps that could leave your business exposed to financial risk.

Types of Commercial Insurance PoliciesWe offer small business insurance quotes for companies in iowa and the surrounding midwest states

Every commercial operation needs business insurance. The specific blend of coverage types you need for your business depends on many factors, such as whether your employees handle money, dangerous substances, sensitive data or expensive merchandise.

We will be able to recommend a package combining the coverage types you need, tailored to your risk management concerns.

For example, you may need some combination of the following types of commercial coverage:

  • General liability, contractor’s liability, or professional liability (errors and omissions)
  • Directors’ and officers’ liability
  • Malpractice insurance
  • Commercial property insurance
  • Commercial vehicle or commercial truck insurance
  • Contractors and builder’s risk coverage
  • Inland marine coverage
  • Business interruption insurance
  • Landlord insurance
  • Commercial tenants insurance
  • Crime coverage or fidelity insurance
  • Cyber-crime insurance
  • Workers compensation
  • Construction bonds

While you certainly do not need all of these coverage types to safely run your business, it’s nice to know that you have a variety of ways to manage the specific risks your company faces.

You may also want to offer or provide certain types of coverage to your employees, such as:

  • Employee health insurance
  • Short-term or long-term disability insurance
  • Group life insurance

The coverage you choose for your business and employees should be designed to fully protect your company’s assets. A quality benefits package will show that you are an excellent employer to work for, and may even help you to attract the best talent.

Will Boat Insurance Keep You Afloat?

Make Sure You Have Boat Insurance to Weather the StormGet your free boat insurance and ATV insurance quotes at Lillis Insurance

If you enjoy fishing, sailing, yachting, or cruising around on a powerboat, make sure you have boat insurance that covers your liability risk as well as your watercraft, equipment and passengers. Perhaps you have a lake cabin and like to tow water skiers or tubing enthusiasts. Maybe you have the party boat and every Fourth of July you load up your vessel with guests, food and libations.

Water activities are a great way to bring people together, but it is important to remember that accidents, injuries and fatalities do happen, especially when alcohol is involved. Work with us to get the right coverage that will protect your financial investment. We know the risks and regulations in your area can help ensure that you are fully covered when you head out on the water.

Motorhome Insurance – Protection on the Go

The open road is calling. Whether you are heading to the coast or traveling the Great Plains, be prepared with insurance coverage for your motorhome. What motorhome or RV insurance is right for you? The answer depends on the type of RV you own.

RV and Motorhome Types

  • Class A Motorhomes: largest RVs on the road – a home on wheels
  • Class B Motorhomes: The small RVs – a van with amenities
  • Class C Motorhomes: Midsize models, sometimes called mini-motorhomes
  • Motorhome Bus Conversion: A bus converted to an RV
  • Travel Trailers: Towable motorhomes typically attached by trailer hitch
  • Fifth Wheels: Towable motorhomes attached to a truck with a fifth wheel hitch
  • Truck Campers: Add-on campers attached to a truck bed

Contact us to find out what RV insurance is best for your vehicle and your needs. We can compare motorhome insurance quotes and work with you to find the coverage that best meets your needs.

ATV Insurance Quotes and Coverage

When it’s time to go off-road, do you have the ATV insurance coverage you need for accidents, injuries or damage to your property? Whether you ride your all-terrain vehicle for fun or to get a job done, on a state trail or in the middle of nowhere, accidents and injuries can happen.

Find Affordable Health Insurance for Individuals, Families and Businesses

Compare Medical Insurance Quotes and Find the Right PlanIowa Health Insurance and IA Life Insurance are essential for a family's well being

Finding affordable health insurance may seem like a daunting task. With the Affordable Healthcare Act and new regulations taking effect, people are more confused than ever. How do you sort through plans, deductibles, and networks, and choose a policy that makes sense for you, your family or your employees?

We specializes in health insurance and can be an excellent resource when you want to evaluate health plans. You may discover that you can find a lower cost option through an independent agent than you can through your employer. This is because these agents can compare plans from multiple carriers to find the best fit and rates.

How to Buy Health Insurance for Individuals and Families

If you are self-employed or you are not obtaining healthcare coverage through your employer, you need at least a basic health insurance plan to ensure that you are prepared for an unforeseen health condition or injury.

A full-coverage health insurance plan may be more suitable for your needs if you have dependents, you are getting ready to start a family, or you have a family history of certain health risks, such as heart disease. You should ensure that your healthcare plan helps you to pay for the broader set of services you need.

Use the handy checklist below to help you decide what kind of coverage may be right for you.

Health Chart

Is Life Insurance a Life or Death Matter?

You are not planning to have a heart attack tomorrow, or get a cancer diagnosis, or accidentally step out in front of a bus. For that reason, and especially if you are young and healthy and have no dependents, life insurance probably isn’t for you. Or is it?

Let’s look at what life insurance is, what it covers, and why people buy it. Then you can decide if now is the time to to work with one of our agents who specializes in life insurance. Because we work with multiple life insurance carriers, we can compare policies and options on your behalf and help you make the best choice. Contact us for help meeting your life insurance goals.

Life Insurance Statistics

  • 40% of American adults have no life insurance
  • Over 50% of U.S. households lack adequate life insurance coverage
  • About 40% of people surveyed say they would have immediate financial trouble if the primary wage earner in their household died

Why Buy Life Insurance?

As with all insurance, life insurance plans are about preparing for the unexpected. We don’t plan to have a heart attack or meet an untimely end. We may fret about the unforeseen, but there are few ways to prepare for it. Life insurance provides a way to be prepared and get peace of mind.

The main reason to buy life insurance is for financial protection for your family and dependents. If you are the sole income earner or the major provider in your family, then life insurance definitely makes sense. If you should die unexpectedly, your policy will help your loved ones pay your final expenses and potentially receive ongoing support. The amount they receive will depend upon the size of policy you buy.

What 2 Million Farms Need to Stay in BusinessFarmers Insurance will keep you and your crops covered

Operating a farm is dream come true for many Americans – and a risky business for others. Living as a farmer takes many hours and a major financial commitment – it’s a lifestyle, not just a job. Natural disasters, crop failure and sick livestock can all threaten your livelihood. The key to a successful farming venture is identifying risks and planning for the worst case scenario with a well drawn out risk management plan and sufficient insurance coverage. You can use best practices, hire the right workers, and buy the safest equipment possible, but accidents still happen all the time. Do you have enough property and liability insurance if your barn roof collapses? What about disability insurance for workers who might get injured on a combine – do you know what resources you have to get this coverage at a low cost? Insuring your crops is also crucial if you’re a crop farmer, because a bad year could bankrupt you without the proper insurance.

When you carry adequate farm insurance, you can focus on your farm knowing these hazards will be taken care of if necessary.

Farm Facts

  • 2,181,000: Number of farms in the U.S. as of 2011
  • 86.5%: percentage of U.S. farms that are sole proprietorships
  • 57.1 years: average age of farm owner/operators in 2007

What Is Farm Insurance?Farm Insurance & Crop Insurance helped Jon keep his farm

The U.S. has millions of farms. Some are large agribusinesses and others are small farms that have been handed down from generation to generation. Every type of farm can benefit from farm insurance, although the coverage limits and some of the risk protections may be different.

A sound farm insurance policy will cover you in three main areas: Home or dwelling and contents coverage, farm property and operations coverage, and liability coverage.

Protect Your Home and Personal Property

As a general rule, most farm insurance polices will provide the following coverages:

  • Dwelling or home protections: Covers your home in the event of major perils, such as windstorms, hail, lightening and fires
    • Covers accidents, such as a vehicle damaging your home, theft or vandalism
    • Covers personal belongings in the home
  • Farm liability protection: Protects you from losing your farm due to liability issues
    • Covers bodily injury to another person, medical payments associated with a third party’s injury and damage to other people’s property
    • Provides for legal defense and payment of claims for which you are legally responsible

 

This information was sourced from Trusted Choice

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