For affordable insurance call (770) 297-0925 or click for a quote today!

If you run a small company or a large one… you have many responsibilities. One that can cause quite a bit of headaches is taking care of pay-roll tax obligations. It’s easy to make mistakes and the penalties can be large.

So review these tips to avoid those headaches…

Misclassification of Employees

Hiring independent contractors to avoid paying typical expenses associated with employees is a growing trend. However, there are specific tests to determine whether these “independent contractors” should actually be classified as employees instead. For example, if you control what they do, when they show up for work they are not independent. (You can learn more about employee classification by visiting the IRS site here: https://www.irs.gov/newsroom/understanding-employee-vs-contractor-designation)

Reimbursements

If you regularly repay employees for job-related expenses such as traveling on the companies behalf, you need to have a solid system in place to track these expenses and prove they are legitimate business expenses. This way your workers will not pay tax on the reimbursements.

Insufficient Payroll Records

All companies with employees must maintain consistent reliable pay-roll records. This consists of time sheets and pay-roll tax calculations along with copies of W-2s and I-9s. It is important to save these records for at least 4 years.

Making Use Of Withholdings to Pay Other Operational Costs

Never make use of withholdings to cover other company expenses. Regardless of your company’s financial condition, you must ensure those funds are kept separate and untouchable. If you do, you’ll run afowl of the IRS and face significant penalties.

Skimping on Oversight

Yes you can outsource payroll to a 3rd party company. However, you are still ultimately responsible if they make a mistake. As the business owner, you must make sure all reporting is handled properly and is accurate.

For other insights on how we can help you protect yourself from the risks of running a business, be sure to reach out to one of our professionals. We are here to help!

We love our dogs… the wagging tails… the kisses. And yet dog ownership has challenges. Dogs bite more than 4.5 million people each year. Of those, nearly 900,000 are severe enough to require medical intervention.

In addition, dog bites are costly. The typical cost per canine attack case settled through insurance is over $28,000. It’s a big number. It’s also why home insurance rates go up when you get a new dog…

Thankfully, there are actions you can take to decrease the chances of your dog biting or attacking someone.

First, choose your dog carefully. There are varying viewpoints on whether dogs of certain types are much more hazardous than others are or if home atmosphere has more to do with a pet’s nature. Speak with your veterinarian regarding prospective behavior and also wellness problems connected with details breeds.

Also, talk to our team about potential dog breeds that may be excluded from being protected your insurance coverage representative regarding breeds omitted from protection under your house owner’s insurance plan.

Next, introduce your family pet to your pet early. Well-socialized puppies are more likely to become grown-up pets who feel comfortable around people and other animals. It’s also good to keep exposing your dog to new situations…

Also be sure you you keep your child is older because nearly 50% of all severe dog bites involve youngsters. A good age is at least 4 years old. Kids of this age are better able to understand how to behave around your dog. And NEVER leave your baby or young child alone with a dog, no matter how much you trust the dog.

Finally, be sure to take care of your dog’s health. From spaying or neutering to controlling parasites… your dog’s health impacts their attitude. Be sure your dog also is seen by a vet regularly an is properly vaccinated.

Whether you already own a pet dog or are considering bringing a pooch into your home, give us a call to assess your insurance coverage responsibility coverage for bites and various other pet-related injuries. We’re here to help!

The job market is tightening. Finding great workers is getting more difficult. Yet if you set age aside, there’s a great pool of folks with fantastic business experience, interpersonal capabilities, and general proficiency. (And it’s important to know… studies show that for each 90 days a position remains unfilled, a company loses $14,000.)

As companies battle each other to fill open positions, a number are looking at the pool of highly experienced, talented, slightly older workers to help fill the need.

Older workers also tend to carry institutional expertise and specific abilities that expand their worth. Smart companies are capturing this knowledge and implementing programs to ensure it is passed on to younger workers via mentoring, etc.

Recruitment

AARP has a program to help recruit older employes. (https://www.aarp.org/work/employers/) The website helps connect workers and employers…

One critical element to attract older workers is your benefits portfolio. You could provide additional plans that cover gaps in Medicare as an example. You can do the exact same with various other benefits too ranging from dental to vision. And remember pet insurance has also become a popular benefit to offer. These various benefit programs can be added in a way that is affordable to employees with little out-of-pocket costs to the company.

We recommend speaking with our team on options you can leverage to help you build a targeted benefits program that would be attractive to more mature workers.

Have an apartment or a house? You naturally need home insurance. The challenge is most people get home insurance and then ignore it.

The thing is, as time goes by your living situation changes. You may acquire more things like jewelry or art. You may make improvements to your home. You might have added a home theater.

In any case, you need your insurance to keep pace with your personal situation and to ensure your property and things are sufficiently protected.

There’s no magic time to think about home insurance policy … so have a look at these tips on the best ways to get the most value in your home owners plan.

Manage Your Credit

Credit scores impact insurance costs in many situations. The better your credit, the lower your insurance costs. Maintaining a strong credit rating is in your favor.

Allow Us to Search For The Best Home Insurance Deals For You

As an independent insurance agency we offer insurance from a variety of carriers … one phone call to our team is all that’s required to have us spring into action and shop for fantastic rates among numerous insurance providers. We’ll save you time & stress in the process.

Examine Your Deductible

Talk with us about your insurance deductible. The key is to make certain your deductible is something you could manage to pay in case of a serious issue. For a claim on a residence, one general rule is to have the deductible be high enough that you don’t leverage your insurance for “simply anything” that fails with your house. Home insurance really should be reserved for urgent scenarios. The higher the deductible the more you can save … some premiums can be cut by up to 30 percent.

Look into Discounts

If you have two or even more insurance policies (car/ residence for example) with the same service provider, you could save up to 15% off the plans. Certainly give us a call to explore your options …

Ensure You Aren’t Over-Insured

Some people believe getting even more insurance than they need will give them some type of benefit. It will not. You need an adequate amount of protection to cover the cost of replacing your residence and also its valuables. As an example, if your home is of moderate construction, you won’t insure it to replace with luxury materials. Likewise, you also need to protect yourself from being under-insured as well. The key here is to have an candid conversation with our insurance team so that we could make certain you have the RIGHT insurance.

One Last Suggestion

Many carriers offer additional discounts when you have been with them at the very least 3 to 5 years … so keep that in mind as you examine your property owners policy. As always, remember we’re here to help you, so call us today to earn certain you are obtaining the greatest worth from your insurance.

Important Information

Most people will not argue the need to have car insurance for their cars because they know that how important auto insurance is to cover difficult situations such as theft, natural disasters, and accidents.

However, what most car-owners don’t know is how to avoid certain car insurance challenges. Some of the the most common mistakes range from paying too much, not having adequate coverage for your insurance needs, or signing up for redundant policies.

Here are some other challenges…

Not fully understanding the coverage you’ve purchased

Do not be deceived by the term “full coverage”. You might not be as covered as you think you are. Never make assumptions about the coverage you have or don’t have. Always get clarity on your insurance contract. Your agent should be happy to help you understand. And if they leave you with more questions than answers, we’re here to help!

Not asking about discounts

There are numerous discounts you may be entitled to have, such as price reductions, discounts for seniors, students, safe drivers, and lots more. Also, you could save on your premiums based on how your vehicle is equipped. Never fear of asking your insurance agent for discounts. They add up!

Neglecting to compare rates

While shopping for insurance isn’t really fun, getting multiple quotes is beneficial…  comparing rates benefits your wallet and gives you peace of mind. The good news is that as an independent agency we compare rates between multiple carriers to find the best policies for our clients!

Purchasing only the state-required minimum

Purchasing state minimums for your insurance may keep your insurance premiums low. However, it will always cost you more if and when you need to make a claim. It is advisable to pay a little bit extra just for that peace of mind. That way you will be ready for anything that comes your way with complete coverage.

Avoiding these car insurance mistakes is easy and we’ll gladly help. If you have questions about car insurance, please reach out to us!

Choosing the right insurance policy can be an excruciating process for many people, and they try as fast as possible to get through it. When getting auto insurance, most people prefer to go with a company they know or one they often see on TV. Often, folks discover too late via terrible customer service or a complicated claim filling process that their auto insurance is doing more harm than good.

The smarter way to buy auto insurance

Vehicles are not assets, but a liability. They start depreciating the moment you put on your ignition and start to drive home. Right from there, your car will continue to lose value and cost you money. No one wants to lose their vehicle or overspend on the car for repairs after an accident. So it’s wise to take time and choose the right auto insurance policy suitable for you and your needs.

There are several things you can do when choosing an auto insurance plan. The first is to check all details of what is included in the package. A lot of people pay little or no attention to these details until an accident occurs. Of course by then, it’s too late. And some folks also make the mistake of opting for the lowest quote they can get. However, they fail to understand that the coverage is insufficient.

A lot of people will think that by omitting family members who drive the car “occasionally” that they are saving money. However, they may be voiding their insurance altogether. It’s best to really thoroughly discuss your situation and planned car-use to be sure you have adequate insurance coverage.

Prepare for the future

If you go to a little extra effort to protect your vehicle with the right insurance, you  can significantly decrease the potential risks you face.

Always have it in the back of your mind that the cheapest insurance policy isn’t always the best option for you. You will have to consider several factors before choosing an insurance provider. Apart from the price, other factors to consider include customer service, feedback from customers, and financial stability.

Oh, and we offer an extra benefit. We secure quotes between multiple carriers to help you find the most competitive rates. That means we take care of the shopping for you.

And if you’re on the lookout for great information about insurance topics that impact health and your pocketbook, check back here often. And please contact us anytime for all insurance related questions.

According to statistics, there are 28 million small businesses in the United States, which account for 54% of all sales. These businesses are driven by entrepreneurial spirit and the burning desire to introduce a unique idea to the market or offer a unique skill.

Launching a business and keeping it thriving demands great passion, robust business plan, significant capital and some other things most people usually overlook, such as insurance.

Starting a business is itself a risk, so all business owners must take the time to insure themselves, their investment, employees, and property the right way. There are lots of things to put into consideration, such as commercial auto, property, and workers’ compensation. As complicated as it seems, it is straightforward if you know where to start. Here are some tips below:

Risk abounds… understand possible threats

It is essential to understand threats that may work against your business before deciding on how to protect it. Since there are several commercial insurance options, you must first understand your needs and your level of exposure before opting for a coverage. Loss of income, slip and falls, fire, defective products, equipment breakdown, injured employees or customers are some of the threats that can affect a business. Do not just wish them away, assess every step of your business, contemplate the worst that could happen and get insurance for it.

Employment Practices Liability Insurance

Sometimes, the employer-employee relationship can go south. Although most business owners try to maintain a good, healthy relationship with their employees, disputes are inevitable. Every business owner must protect themse just in case any minor conflict translates to litigation. With Employment Practice Liability Insurance, employers are protected against wrongful acts that may occur out of their employment practices, which may include age, race, sex discrimination, failure to promote, and wrongful termination. In today’s insurance market, this coverage is quickly becoming indispensable.

Find security in a digital world

In 2017, CNBC reported that hackers had hacked 14 million businesses in less than 12 months; that is nearly half of all small businesses in the United States. So, endeavor to get insurance for any online threat your business may face. If your business requires you to conduct transactions or collect customer’s personal information online, then the Cyber Risk Coverage or Data Compromise coverage will be ideal for you. If hackers ever were to successfully steal a customer’s information or if the information leaks, such customer may want to take legal action against you. Usually, Data Compromise Coverage provides Response Expense Coverage that helps cover the cost of informing and assisting your customers after a data hack. Selecting this option also provides Defense and Liability Coverage, which takes care of third-party action brought against you by those affected by the data hack. Comprehensive Cyber Risk coverage provides coverage against electronic data damage and computer systems from a virus or computer attack. It also protects your business’s liability to third parties if there is any damage to them as a result of your business’s computer system vulnerability.

Home is where the heart is

If you run a home-based business and you have a homeowners’ policy, please note that the policy does not protect your home-based business. After assessing the risks associated with your business, you may want to add a rider to your policy to protect the primary business risks. Be sure to add business insurance to protect your home-based business.

Consult an agent

This is the most important tip. Work with our team with the aim of determining the right coverage for your business. We’ll develop a plan that will help protect your business.

And as always, if you’re on the lookout for great information about insurance topics that impact health and pocketbook… Contact us anytime for all insurance related questions.

Each auto insurance policy is a collection of policy options bundled together. The size, configuration, and protection for auto insurance policies will vary by the policyholder.

Here’s how auto insurance policies break down, and what that means for you:

Liability Insurance. Liability insurance is the coverage necessary for driving legally in most states. Auto liability insurance will pay to victims in accidents where the insured is at-fault, within limits. The driver at-fault and any passengers in the at-fault vehicle will not be compensated.

Uninsured/Underinsured Motorist Insurance. If hit by a driver without insurance or inadequate insurance for the damages, uninsured/underinsured coverage can compensate for the difference.

Bodily Injury Liability Insurance (BIL). BIL coverage covers the medical expenses for victims of at-fault accidents. BIL inclusions are often listed as pairs, such as “25/50”. The first number in this ratio is the maximum dollar amount per claimant. The second is the maximum amount of liability insurance covered by the policy.

Collision Insurance. Collision insurance covers repairs to the vehicle following a mishap. Collision insurance is optional coverage and can pay for single-vehicle claims as well.

Property Damage Liability Insurance. Oftentimes, property damages are included in a vehicle mishap. Looking at BIL coverage, there may be a third number listed. For example, property damage limits of 25,000 on a 25/50 BIL policy will be included last, listed as 25/50/25.

Comprehensive Auto Insurance. Loss can occur without there being an accident. For vehicles stolen or damaged in a way uncovered by other policy inclusions, comprehensive coverage can cover repairs or replacement.

Personal Injury Protection. Regardless of fault, Personal Injury Protection (PIP) Insurance can cover medical expenses for both driver and passengers. Policies may also include compensation for lost wages during recovery.

Auto insurance is more than a protective measure, it’s a legal requirement just about everywhere. For more on the minimum auto insurance requirements for your state, contact a local auto insurance agent. The consequences for uninsured driving can be costly.

The legal minimum is a guide for ensuring drivers on the road are able to fulfill potential responsibilities. In cases where the claim exceeds coverage limits, the burden falls on the driver at-fault. To help avoid paying costs out-of-pocket, ask about increasing insurance coverage limits. As assets may be seized for repair costs, matching insurance coverage limits to total personal asset value is recommended.

Getting the Right Amount of Insurance

There’s more to getting the right amount of insurance. Many people are paying more than necessary for protection. Insurance protection can overlap depending on policy options, employer benefits, and other insurance coverage. Get the best savings by speaking with an agent. A review of insurance protection can help get the best protection while saving money.

Personal means for procuring insurance will affect how much coverage is possible, yet through discounts and bundling options, there may be more options available than at first glance. Deductible amounts vary by person and will affect insurance rates. Selecting the highest-affordable deductible helps deliver the lowest rates. This means paying more in case of a claim, yet oftentimes can be cheaper than paying higher monthly rates.

In FL, HI, KS, MA, MI, MN, NJ, NY, ND, PA, UT, and Puerto Rico, drivers are required to carry N0-Fault Insurance. This insurance pays out regardless of fault and limits litigation options. These policies tend to be pricey and shopping for the best rates can lead to big savings.

Shopping for Car Insurance

With personal coverage limits in mind, it’s time to begin comparing rates and policy options. Auto policies and rates vary depending on driver history, the vehicle, location and more. Speak to an independent insurance agent for help finding the best auto insurance policy match.

Independent insurance agents return quotes for multiple insurance carriers. This places the power to choose in the hands of the buyer. With multiple quotes, it’s simple to compare rates and coverage. An independent agent can help tailor a policy to fit your lifestyle and financial profile. Incredibly more in-depth than an anonymous online quote quotes from independent insurance agents are far more accurate, tailored by someone invested in your policy.

Rather than working directly with a single major carrier, independent insurance agents are free to work for the customer, making carriers compete. Agents working directly for carriers are limited to their policies and rules, severely limiting their means to personalize a policy.

Negotiating for Discounts on Insurance

Ask about insurance discounts. Many insurance discounts are available and can change depending on carrier. Bundling discounts, safety discounts, student discounts and many others are available. An independent agent is your insurance representative. Their goal is your satisfaction. Contact an independent agent for a list of auto insurance quotes today.

Small business owners are constantly implementing innovative ways to increase productivity, revenue, and reviews. With so much energy dedicated to promoting the success of the business, seldom is time spent thinking about the insurance side. Businesses face inherent risk regardless of size, location, and company size. In an instant, random occurrences can damage or destroy a business. A business insurance policy can help entrepreneurs recover, yet differences in coverage, service, and rates leave many confused where to begin. Before sourcing a business insurance policy or switching insurance carriers, get to know these tips for finding the right business insurance policy.

Business Insurance Basics

Small businesses range across the board which means the same insurance policy for one business will likely be a poor match for the next. The right policy for your small business is one crafted to suit the specific needs of your organization. Some types of insurance may be automatically required such as unemployment and workers’ compensation, while others are voluntary. A number of additional options are available to help bolster an insurance policy; here’s a breakdown:

  • Liability Insurance. Business owners assume a great deal of liability, including entrepreneurs operating from the security of their home. Liability insurance can protect from claims resulting from persons injured on the business premises, damage resulting from advertising, medical and legal costs, and more.
  • Commercial Auto Insurance. Companies that operate vehicles require commercial auto insurance. Commercial auto insurance is necessary any time an employee utilizes a vehicle for a commercial purpose. This can include personal, company-owned, rented, leased, or otherwise appropriated vehicles. Cyber insurance must be in place any time an employee is behind the wheel.
  • Cyber Insurance. The latest in commercial insurance, cyber insurance may be a match for your company. Cyber insurance can help protect businesses in case of lost customer data or malicious cyber attack. Attacks in cyberspace can have devastating effects on equipment and may lead to interruptions in operating. Cyber insurance can replace revenue for interruptions caused by cyber activity.
  • Business Interruption Insurance. Business interruption insurance ensures companies can continue to earn following a disruption. Natural disasters, accidents, deliberate actions and more threaten to interrupt revenue. Employee salaries, loans, and more can become daunting without the means to pay them. With business interruption insurance, the insurance company will compensate for lost revenue while the business gets back on its feet.
  • Errors and Omissions Insurance. Entrepreneurs working with details may want to add errors and omissions insurance protection to a commercial policy. For professionals offering services or advice, a small oversight can have big consequences. This insurance helps protect entrepreneurs in case of accidental errors or omissions resulting in damages.

Getting More

A Business Owner Policy (referred to as a BOP) is a means of bundling commercial insurance policy options into a single policy. Other discounts may be available. Speak to an agent about saving with a BOP and other ways to save on commercial insurance.

A commercial insurance agent can help locate gaps in protection to ensure your business is prepared for anything. There are many layers to commercial insurance policies. Speak to an agent for information on comparing policies, quotes, and insurance options. An agent can help uncover more ways to save on insurance and will help your business remain current with coverage and discount opportunities.

The cheapest insurance policy may be attractive in cost, yet lacking in protection. Compare quotes for coverage, service, deductibles and more. Small businesses are in a steady state of evolution. The same policy from last year may be insufficient moving forward. Perform annual reviews of insurance policies to ensure adequate coverage and maximum savings.

For more information on getting the most from a commercial insurance policy, speak to an agent. Agents are ready to help with quotes for rates, answer questions about coverage, and help with other insurance needs. Make sure to visit often for more information on getting the most out of your insurance policy.

Entrepreneurs have a lot to think about. It’s understandable if some have yet to obtain adequate commercial insurance for their small business. Some may grab policies off the shelf, while others may lack coverage completely. Businesses are subject to many of the same risks as homes and much more atop that. Protecting a business with commercial insurance helps preserve revenue, owner credit, and the hard work placed into creating an enterprise.

Whether it’s time to purchase a commercial policy or you’re looking to compare rates, you can help match the right policy to your business. When purchasing commercial insurance, here are 5 things to keep in mind.

Take Inventory of Risks

Small businesses are unique. The same insurance policy for a dry cleaning operation would be a poor match for a bakery. Look at your business the way an insurance agent might and find where protection may be necessary. An agent can help, and be sure to remember enough liability protection.

Insurance companies take more than location into thought when determining overall risk. Entrepreneur credit, claims history, and more may affect the decision. Premiums are, in turn, affected by risk factors and may be higher or lower depending on carrier and policy options. A policy created to address the needs of a specific business, with deductibles set at an appropriate rate, will help entrepreneurs save on insurance costs, and better respond to damages.

Bundle Insurance with a BOP

Commercial insurance policies are often bundled into what’s referred to as a Business Owner Policy, or BOP for short. Combining multiple insurance protections through a single carrier can save money. With discounts for bundling, gain access to improved insurance policy options for reduced annual rates.

Compare Insurance Policies and Rates

Commercial insurance is an ongoing obligation. Overpaying for insurance will add up over time. Hesitate from leaping at the first insurance quote and shop around. Policies, options, customer service and more will vary greatly both by the insurance carrier and by the insurance agency. Insurance companies compete for customers and may offer extra discounts or incentives. An independent insurance broker can help with objective advice on obtaining the best policy.

Find the Right Insurance Agent

There’s more to obtaining commercial insurance than finding a cheap policy. For claims, having a personal insurance agent familiar with you and your business can make all the difference. The right insurance agent will create a policy based on your business, find the best rates available through reputable carriers, and be there when needed.

Revisit Insurance Coverage Annually

As businesses grow, so do insurance obligations. Launching products, starting advertising campaigns, and bringing new people into the fold adds liability and more. Meet with an agent at least once per year to look over insurance coverage for gaps. Staying proactive with commercial insurance helps with responding to damages. It’s always a good time to think about protecting livelihood and investment.

Have questions about commercial or other insurance policies? Call today and speak to an agent.

1 2 3 28