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Can I Cancel My Personal Auto Insurance in Alliance At Any Time?

Can I Cancel My Personal Auto Insurance in Alliance At Any Time?

There are plenty of reasons to cancel your personal auto insurance in Alliance. Some people cancel theirs after finding a better policy, while others may cancel it after selling their vehicle or moving to another state. But can you cancel your car insurance at any time?

Keep reading to find out everything you need to know when you cancel your personal auto insurance in Alliance.

You can technically cancel car insurance at any time. Technically, you can cancel your car insurance at any time. There’s nothing stopping you from calling your car insurance company today and cancelling your policy. However… it is important to know that in the state of Ohio, it is illegal to operate a motor vehicle without proof of financial responsibility, which for the majority of people means auto insurance. If you’re planning to switch insurance, you’ll want to have auto coverage in place with another company before you cancel. Otherwise, you could be driving without auto insurance.
In some cases, your car insurance policy can be canceled immediately after you call, and in some cases, you receive a refund for any prepaid premiums.

Different car insurance companies have different cancellation rules. Some companies might require you to pay a cancellation penalty or fee. Others may require you to cancel your insurance policy in advance. Some car insurance companies allow you to cancel any time without penalty, with cancellation taking effect immediately.

Other car insurance companies require a waiting period before your policy is canceled, with payment required up to that date. Others prevent you from canceling a new policy within 30 to 60 days of signing up for the policy.

Typically, you will only be charged if you bought a car insurance policy and then canceled it immediately.
To cancel your personal auto insurance in Alliance at any time, just contact your local insurance agent. Policyholders cancel and switch insurance policies every day so the process should be relatively easy.

Cancellation fees for personal auto insurance in Alliance. In most cases, a car insurance company will not charge a cancellation fee for cancelling your policy. However, specific policies differ between insurance companies.
Some companies might charge a flat-rate fee, charging a $25 or $50 fee in exchange for cancelling your policy immediately. Other companies charge a percentage fee – they might charge a percentage cancellation fee of your remaining premium, for example.

Every car insurance company has its own cancellation policy. Check your insurance documents to verify that you understand your insurer’s policies. Look at the fine print to ensure you understand any surcharges and fees. If you need an explanation contact your insurance agent or insurance company.

Do you get a refund when canceling car insurance any time? The answer depends on your insurance company. Some insurance companies will refund all premiums you have already paid. If you prepaid for 6-month or 12-month personal auto insurance in Alliance, then you might receive a refund for only the number of days the policy was in effect as a refund.

Can you cancel car insurance within the grace period? Generally, you can cancel personal auto insurance in Alliance at any time. However, there could be cancellation restrictions during the grace period. Typically, the grace period provides coverage for a specified number of days past your payment due date.

Car insurance companies have different cancellation policies. Generally, however, you can cancel your personal auto insurance in Alliance at any time. Read your insurance policy documents or call your local agent to confirm that you understand your car insurance policy.

Call us today at 330-337-9557 to request an auto insurance proposal. We help our clients understand their auto insurance.

Top 5 Claims For Boat Insurance In Salem OH – And How To Avoid Them

Top 5 Claims For Boat Insurance In Salem OH – And How To Avoid Them

Statistics regarding claims for boat insurance in Salem OH reveal that over 30% were related to collisions, which are by far the costliest and most frequent type.

The vast majority of claims reported, however, involved sailing craft which indicates how motorboats and powerboats are far less likely to be involved in collisions. While motor boaters reported fewer claims on the whole, there are still specific risks to be aware of and steps you can take to reduce the likelihood of filing a claim on your boat insurance policy in Salem OH.

1. Weather Damage: The weather can pose numerous dangers for boats on the water and when left out in the open. If you keep your boat at a marina, it’s generally less vulnerable and sheltered from the worst conditions. It’s certainly wise to store sails rather than leaving them furled as well as checking your lines in the event of a weather warning.

Cold snaps can cause substantial damage to engines. It is therefore considered wise to winterize them in accordance with manufacturers’ recommendations to ensure sufficient protection against frost damage.

In severe storms, lightning strikes can disable or short-circuit on board electrics. This can lead to fire in extreme cases, so it’s always worth keeping fire safety in mind and making sure that your fire extinguishers are well-maintained. There’s little you can do (except get to safety) if you’re unlucky enough to encounter this kind of weather, but that’s why you have boat insurance in Salem OH.

2. Striking underwater objects. There is nothing more depressing than catching a propeller on an underwater hazard. Installing a GPS unit, reviewing paper charts and talking to local fishermen or other boaters when sailing through unfamiliar waterways can help avoid propeller and hull damage.
Monitoring the current in front of the boat also helps as a sharp change in the current’s direction may be an indication that something – such as sandbars – lie just beneath the surface.

3. Theft: If an outboard engine can be removed easily, it’s an open target for thieves. There is no entitlement to a new-for-old settlement, so it is essential to ensure that outboard motors are secured against theft and if possible, taken home and locked away.

It is also a good idea to remove all personal items from your boat and store them in a safe environment. By doing so, you will also make your boat less attractive to thieves. There can also be a requirement under certain policies for personal effects to be removed from the craft during the policy’s winter lay-up period.

4. Collisions: Waterways are busier in the summer, so it pays to be on the lookout when sailing or driving a motorboat, and to plan your movements in good time. If you are on the water when a race is taking place, expect participants to tack more frequently and plan accordingly.

Collisions with third parties are common, so you should pay particular attention to the rules of the water. Although you might have the right of way, for example, everyone is responsible for avoiding a collision.

5. Cradles and trailers: Most policies will insist that cradles and trailers are fit for purpose and it’s recommended that you undertake a thorough examination before they are put back into use after being left inactive for long periods of time.

If you are involved in an accident, being protected by the right boat insurance in Salem OH is paramount. We know accidents happen and whether it is a broken propeller or a more serious accident, we are here to help you get back on the water safely. For a boat quote proposal, contact our office at 330-337-9557 today.

5 Things To Know About Personal Watercraft Insurance in Salem OH

5 Things To Know About Personal Watercraft Insurance in Salem OH

Popular waterways are the central hub of personal watercrafts (PWCs). Aficionados know that preparation is crucial to staying safe on the water.
There is a way to add an additional layer of protection, and that’s protecting your PWC with watercraft insurance in Salem OH.

It’s important to be sure that you have adequate insurance coverage for your PWC, especially since your homeowners or auto insurance policies typically won’t cover them or, if they do, the coverage may be limited.

Here are five factors every consumer should consider when purchasing personal watercraft insurance in Salem OH.

Get specific PWC insurance policy. Most of these PWC policies will cover bodily injury, property damage and medical payments. They typically include deductibles for property damage, theft and medical payments. Most policies include liability limits, which fluctuate by state. Liability coverage typically provides financial protection in the event that you are liable as a result of a covered accident.

Each PWC needs to be insured. If you own several PWCs, each one will need to be insured with watercraft insurance in Salem OH, but may not require its own policy, as some boat insurance policies can be built to cover personal watercraft as well. Be sure to check with your agent to review your options.

Review your policy carefully. Most PWC policies provide coverage whether you are operating the vessel yourself or you loan it to someone else. Although the facts and circumstances of each case must be evaluated based upon the applicable laws and policy language, in most cases, regardless of who is operating it, you would be covered for the following:

  • Damage to another craft or dock;
  • Bodily injury or death to another person due to your negligence;
  • The negligence of another driver while using your PWC;
  • Towed water skiers or wakeboarders who become injured while using your craft;
  • Physical damage to the hull, machinery and equipment;
  • Injury caused by an uninsured watercraft operator.

Because some coverages for watercraft insurance in Salem OH are optional and must be added on, be sure to read your policy carefully to be certain you are getting the coverage you need.

Not every policy covers everything. Depending on your insurer, you might not be covered for everything. A PWC that has been altered to enhance speed and performance is typically not covered.

Consider coverage extras on your watercraft insurance in Salem OH.
Other coverage areas you should obtain more information about include:

  • If your policy will cover the replacement cost of personal items that are lost or damaged while on board;
    If your policy will replace the actual cash value of your PWC if it is damaged during use;
  • Roadside assistance in case your tow vehicle or trailer is damaged or disabled;
  • If your policy covers costs of raising and removing your PWC if it sinks.

Be prepared this summer by getting a quote for personal watercraft insurance in Salem OH and making sure your PWC is covered for damage, and medical payments.

Call our office today at (330) 337-9557 so we can discuss the coverage you need to protect yourself!

7 Items To Consider Before You Buy Business Insurance Policies In Alliance

7 Items To Consider Before You Buy Business Insurance Policies In Alliance

As business owners begin looking for small business insurance policies in Alliance, they may be confused by the number of options. It can be overwhelming, especially for those who’ve never purchased coverage before.

Here are seven tips to keep in mind while shopping for business insurance policies in Alliance. They will help you meet legal requirements, minimize your exposure to risk, and save you money.

1. Understand your legal obligations. Not everyone is required to purchase insurance for their small business, but some are, depending on their industry, state laws, or other requirements. Business owners should research the legal obligations for their area and industry to ensure they have proper coverage.

2. Know the risks associated with your industry. Every industry is different, and so are the risks that a business owner might face. By carefully evaluating the risks they are most likely to experience in their industry, business owners can ensure they are purchasing the appropriate coverage to protect them.

3. Prioritize coverage over cost. It’s important to realize that while business insurance is an added expense, it plays a crucial role in protecting businesses from serious financial damage. It can be tempting for budget-conscious business owners to pick the cheapest policies they can find, but that could leave them exposed to greater financial risk. Cheaper policies are priced that way for a reason.

4. Only work with top-rated insurance providers. One way to ensure that you are purchasing coverage from an insurance company you can trust is by looking at its rating. Ideally, you should look for insurance companies with at least an “A” rating who have a reputation for offering reliable coverage, prompt payouts, and consistent terms. They are top-tier in the industry and have a reputation for the quality of their products. Experienced agents can also help save you money by bundling or providing packaged policies.

5. Review your business insurance policy thoroughly. Business insurance policies in Alliance vary widely from carrier to carrier, each with its own limits, premiums, deductible, and exclusions. Taking the time to read and understand a policy before purchasing it can help business owners ensure that there are no gaps in coverage. You may wish to consider doing this with an experienced insurance attorney or licenced insurance agent.

6. Consider the deductible. Most business insurance policies in Alliance include a deductible. Business owners may be tempted to choose a policy with a higher deductible in order to pay a lower premium. But if they ever need to file a claim, a high deductible might be more than their business can afford to pay.

7. Overestimate your insurance needs. If your business is ever sued, the litigation process can be financially devastating. Even if a lawsuit is dismissed, it can still cost your business thousands of dollars in legal fees. That’s why it’s best to buy more than the minimum insurance coverage if you can, because you never know when you might need that extra protection. One way to make sure you have adequate protection is with commercial umbrella insurance.

The process of buying small business insurance policies in Alliance can be confusing, but it doesn’t have to be. By investing some time upfront to research your obligations and risks, and by working with a licensed agent, business owners can feel confident they are receiving the right coverage from a top-rated carrier at a reasonable rate.

Call our office today at 330-337-9557 to schedule a consultation so we can get you the business the protection you need.

Who Typically Buys Life Insurance Policies in Alliance?

Who Typically Buys Life Insurance Policies in Alliance?

Humans are psychologically programmed for instant gratification. So, who buys life insurance policies in Alliance? Let’s be honest, it’s not the average American searching for instant gratification, or someone looking to make a fun and exciting purchase. But not buying life insurance could be one of the worst mistakes that you ever make.

People Who Need It, Buy It

Life insurance is much more of a needs-based purchase. Unfortunately, some people will only buy life insurance when they need it. In fact, it’s such an afterthought, most people don’t even consider it.

When approaching the younger generations about purchasing life insurance policies in Alliance, it wouldn’t be unusual to be met with skepticism. But the truth is, they may be the generation who needs it most. This is why there are companies that offer whole life insurance for young adults.

But the opposite seems to hold true. Elderly people are much closer to their expiration, and this produces an urgency to begin researching life insurance policies in Alliance. And while it’s still leveraging your money for burial or final expenses, it’s not the best time to buy.

When Do People Typically Buy Life Insurance Policies In Alliance?

Most people need to purchase life insurance policies for a wide range of reasons, some of which include a new house, career, loan, spouse or baby.

The need stems from some sort of new obligation, opportunity, or long-term expense. The fact is that when a major life event happens, you hold a higher level of financial responsibility to someone, whether it be an obligation of repayment or a replacement value.

The Psychology of Buying Life Insurance Policies in Alliance

The majority of life insurance purchases come from two frames of mind – emotion and necessity. Even if someone has just gotten married, purchased a new house, found the next great job, or just had a baby, it doesn’t mean they are immediately going to start to shop for life insurance. But these important life events do create a sense of need, which might at least get the consumer in the state of mind to protect what they now have.

How Much Life Insurance Do You Need?

Aside from realizing that you NEED life insurance, the next biggest consideration is deciding how much you need. There are several different factors that you have to account for when you’re computing your life insurance needs. If you have a new home, you’ll need to get a policy that is sizeable enough to pay off the mortgage if you were to pass away.

If you’re the main source of income in your family, what would your loved ones do financially if anything tragic were to happen to you?

There is no magic number for how much life insurance you should buy because it varies from circumstance to circumstance. This is a discussion best held with an experienced, licensed insurance agent.

You can’t wait until you need it to buy it – it has to happen now – because no one can predict the future. You have no idea what’s going to happen tomorrow, but you can always protect your family against the worst today with life insurance coverage in Alliance.

Call our office today at (330) 337-9557 to get started.

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