Do You Need Commerical Insurance For A Business Providing A Service?

If you are the owner of a business that provides services to clients or the public, you may wonder if you need insurance, especially if you operate from home. All businesses that provide a service should have some level of coverage, even if it is liability coverage.

Businesses Providing A Service

If your company or organization provides a service to people, you need protection. You never know when you or someone you work for will be injured or suffer a loss. You can be held accountable for any incidence, and it can cause financial devastation without the right coverage for your market. Some businesses that need reliable coverage include lawn services, repair services, home health, in-home daycare, and more. Speak with an insurance expert to find out what type of coverage suits your business needs and make sure you don’t have costly gaps.

Working With An Expert

Always choose an agency that has expert agents when it comes to commercial insurance. They will help you find security and peace of mind with high-quality insurance products that protect you from a variety of dangers an potential threats to you and your business. If you live around the Fisherville, KY area, you can trust TruePoint Insurance to guide you in the right directions and present options that you need.

Don’t take chances if you provide a public service. Something could happen at any time and can jeopardize your career and your financial situation unless you have the right insurance coverage. Call or stop by TruePoint Insurance, proudly serving the residents in and around the Lawrence and Fisherville, KY area. We will work with you to find a policy that fits your situation and answer all of your questions.

What Kind of Boats Need Insurance?

boat insurance, ky boat insurance, buy boat insurance, find boat insurance, does Kentucky require boat insurance, houseboat insurance, watercraft boats, speed boat insurance, insuanceWhether you live in Louisville or Lexington or the surrounding communities, you’ll have no trouble finding a great body of water.  The Kentucky River, Ohio River, Mississippi River, and many other’s present awesome waterways for Kentucky boaters.

Kentucky is also home to many great lakes.  Near the cities of Benton, Murray, Cadiz, Princeton, and Eddyville you will find two of Kentucky’s treasurers.  Kentuck Lake and Lake Barkley combine for over 340 sq. miles of beauty and fun for all kinds of water-related activities.   Other notable Kentucky lakes include Lake Cumberland, Barren River Lake, Lake Laurel, Green River Lake, Cave Run, and Rough River Lake.

One of the most common questions boat owners ask is whether they need insurance, and what kind of boats require such insurance. Based on current state law, you are not legally obligated to invest in boat insurance. However, you leave yourself susceptible to a number of issues if you fail to invest in such protection.  Summer boating season will be here before you know it.  Don’t make the choice to go without boat insurance without first considering the cost.  Take a moment to continue reading, visit TruePoint boat and watercraft online or for a boat insurance quote call (502) 410-5089.

Consider What You Paid for the Boat

Does Kentucky require boat owners to have insurance?  No.  In Kentucky, it is legal to own and operate personal watercraft without insurance.  That includes boat liability insurance. boat insurance, how much does boat insurance cost, call for a boat insurance quote, boat insurance companies, sailboat insurance, cheap boat insuranceBut before deciding to forgo watercraft boat insurance, first, consider what you paid for the boat. Now think how many opportunities there are for severely damaging your boat.  On the way to the lake, you can relax a bit.  As long as the boat is on a trailer being towed by your insurance truck or car, the liability exposure of the boat will be picked up by your auto insurance.  Once off the trailer, the boat is your responsibility.  During the process of unloading your boat, it’s possible for you to damage another boat.  Just as easily you might also damage their truck, trailer, or even worse, another person.  Once on the lake, there is an unlimited supply of exposures.  Any of which might damage your boat.  Damaging your boat and losing your entire investment would be bad enough, but if you are involved in an accident with another boat, you could potentially be out a boat plus buying a new one for the other party.

Your auto insurance coverage does not protect your boat. This means even if someone runs a red light and crashes into your boat during transport, your auto insurance coverage will not pay for it.  Once on the lake, you will not only have property damage exposure, but you will no longer be protected by any form of boat liability insurance.

All Kinds of Boats Can Receive Coverage

boat insurance, watercraft insurance, personal watercraft insurance, jet ski insurance, what kind of boat can be insured, can i insure a jet ski, can i insurance a personal watercraft, boat insurance cost, best boat insuranceIf you’re able to take the watercraft out onto the water, then it can be protected with a form of boat insurance. Whether you have a bass boat or you have a houseboat you like to take out on the lake, all boats can be protected with boat insurance.   Cheap boat insurance can be found, which makes it hard to justify putting on watercraft on the water without proper boat insurance.

Boats are expenses, but liability losses are the greatest exposure for Kentucky Boat Owners.

You are never legally required to obtain boat insurance. However, an best boat insurance, top boat insurance, cheap boat insurance, fast boat insurance, i need boat insurance, bass boat insurance, fishing boat insurance, boat liability insurance, motor boat insurance, houseboat insurance, bass boat insurance, fishing boat insurance, pleasure boat insurance, ski boat insurance,accident on your way to the lake, on the lake, or even inside of your garage, may put your purchase at financial risk, and can even put you at risk of paying out due to liability issues.  It’s easy to find out what kind of coverage options are available for Kentucky boat owners.  All you need to do is give the team at TruePoint Insurance a call today.

Volunteering and Your Car Insurance

Volunteer, risk, insurance for volunteers, do i need to insure volunteers, does my insurance protect volunteersVolunteering in your Fisherville, KY community is a good thing; people should do more of it on a regular basis. That said, being charitable doesn’t change the fact that one still needs transportation to get from point A to point B. You’re going to use your car, covered by a personal policy, and it will raise the question where does a consumer cross the line between personal use and liability protection and being part of a non-profit effort or organization? Remember, the private car insurance policy was crafted based on the assumption the driver is traveling for personal use and nothing else. volunteer insurance, auto insurance for volunteers, will commercial insurance cover volunteer autos, are volunteer's vehicles covered by insurnaceRegular volunteering is definitely not in that risk assumption and could give a provider a reason to deny a claim when the insurer asks for details leading up to the accident or damage.

Occasional volunteering in Fisherville, KY is not the issue. Risk assumption is based on regular, overall usage of the vehicle. Regular, especially daily volunteer travel, however, is a risk impact and needs to be declared. The usage will be written into a policy update and the risk assumption updated accordingly. This will avoid claims being denied later on for lack of clarification or even raising questions of insurance fraud, a grave accusation of dealing with. Don’t put yourself in that position when helping out your community.

Give the experts at TruePoint Insurance a call and explain the details of volunteer insurance, ky volunteer insurance, ky auto insurance for volunteers, inurancewhat your volunteering consists of. We will examine your current policy for what can be changed or find a new policy that meets your needs better. Then, you can get back to helping others instead of putting yourself in a bad spot. Give TruePoint Insurance a call today to find out more.

Who will require me to have condo insurance?

Louisville KY condo insurance, Ky condo insurance, condo isuranceAmerica has been called the land of opportunity. It has allowed an unthinkable number of individuals the chance to amass fame and fortune. For many, the first step towards success was the purchase of a home.

Although your grandparents may not recognize it, the American dream is still alive. Like most other facets of life, technology has left an imprint on the American Dream.
Mobility for example. Following WW II, construction of the interstate highway system made the dream more accessible. Americans who could now drive further in less time began to work further away from home.
Today we can work from anywhere. Almost anywhere! We are constantly connected. No matter what time of day, or where you are, you will see mobile phones, pads, and computers all around you. Technological improvements have certainly put a damper on workflow relocation. Americans can shop their skills for the highest bid, and often work remotely.
 
Condos outpacing single family homes
The demand for condos in the US is exceeding supply. Over a five year insure your invest, insure your condo, condo insurance, Lexington KY condo insurance, buy condo insuranceperiod ending in 2017, Trulia reported that Condo sales had risen by 38%. During the same time period, single-family residential homes rose 28%.
Why?
Better value. Locations. Demographics. Taste!
Do you still need insurance?
Yes, but it doesn’t come in the same form as a homeowner’s insurance policy. ‘
Achieving the American dream is in large about making good investments. Each of us, when looking to make a good investment, will be confronted with the buy versus rent dilemma.
Buying a home in America has generally been a great investment decision. However, maintaining and protecting the investment is essential.
Yes, single-family homes require serious maintenance and can be a huge responsibility. If you don’t feel like your up to becoming a handyman there is always the option to purchase a condo. Depending on your location that may be an issue. Louisville Kentucky condos shouldn’t be an issue at all. The same is true for Lexington and most of Northern Kentucky. Generally, the availability of condos will be directly related to the size of your town.
When you own a condo, you undoubtedly will need to have a reliable condo insurance policy on your home. As mentioned earlier the form of a condo insurance policy (HO-6) differs from that of homeowners (HO-3). There are several situations in which you will be required to carry condo insurance.
 
Loan Outstanding
 
You will need to have condo insurance when you have any loans outstanding on your home. Since it can be an expensive investment, you likely will have to take out a mortgage to finance it. Do you know how often a home lender will tell you, “don’t worry about getting that insurance? I know ya and I know your good for it!”
The answer is: ALMOST NEVER!
And just in case your that 1 in a 1,000,000,000 that does, then run to the nearest insurance agency as fast as you can.
A mortgage gives a lender legal rights. Your home or condo becomes collateral to protect the lender. In the event you don’t pay, you, the lender and a judge will have a meeting at the courthouse. At some point, the judge is basically going to give your house to the bank. outstanding, the lender will likely require that you grow your monthly insurance payments. This will help to ensure that their collateral is properly protected.
If the house burns down and you don’ t have insurance, you’re not going to have a really good impression of the judge.
How often do you get paid?
That’s how often the judge is going to mandate that you stop by the bank and leave the money.
Condo Association Requirements
Do you know what you do when you make your final mortgage payment?
You have a party and you burn it!
You will no longer have a mortgage. You will no longer need an insurance policy to protect the lender.
But don’t cancel your insurance just yet.
Most people that live in a condo are also part of a condo association. These associations are typically governed by a variety of different rules and regulations. One of the most common regulations is a regulation that will require insurance on your condo. Your condo insurance will continue to protect property. But the primary reason for the requirement is it also proved liability coverage.
Earlier we mentioned the need to maintain and protect your investment. There are lots of ways to do this. Painting, maintaining gutters and downspouts, shingles and more. Even better, a short trip to the Ace Hardware store and you’ll be armed.
But none of these will protect your home from, fire, wind, hail, earthquake and many of perils.Potect your condo, insure your condo, buy insurance for conds
The corner Ace Hardware won’t help protect against these. But, a quick trip or call to your local Independent Insurance Agent will!
 
If you are looking for condo insurance in Kentucky, contact TruePoint Insurance. We will help you to identify your condo insurance needs and get you into a great policy. 

f the maintenance requirements and responsibilities that come with a single-family home, another option would be to purchase a Fisherville, KY area condo. When you own a condo, you undoubtedly will need to have a reliable condo insurance policy on your home. There are several situations in which you will be required to carry condo insurance.

Loan Outstanding

The first situation in which you will need to have condo insurance is when you have any loans outstanding on your home. Since it can be an expensive investment, you likely will have to take out a mortgage to finance it. Whenever you have a mortgage outstanding, the lender will likely require that you grow your monthly insurance payments. This will help to ensure that their collateral is properly protected.

Condo Association Requirements

If you do not have a loan outstanding on your condo, you still might be required to have a condo insurance policy in place at all times. Most people that live in a condo also live in a condo association. These associations are typically governed by a variety of different rules and regulations. One of the most common regulations is a regulation that will require that you have insurance on your condo. This insurance will not only have to protect the actual property but will also have to provide liability coverage.

If you are looking for a condo insurance policy in the Fisherville, KY area, you should contact TruePoint Insurance. The TruePoint Insurance company will help you to identify your condo insurance needs and get you into a great policy.  You can take control and help move the process down the road by doing your own condo insurance quote online.

“Fold It Up This Way”: Five Things You Need To Know About Motor Home Insurance

Congratulations! You’ve Purchased A Motor Home

RV insurance, rv, insurance, KY, OH, TN, RV insurance, KY RV insurance, TN RV Insurance, OH RV InsuranceThe staff at TruePoint Insurance in Fisherville, KY knows that the truth about what you need with insurance is the most important factor. The staffers here are honest and will tell you exactly what is necessary to make your motorhome experience the very best that it can be. You’ve taken the plunge. You’ve purchased the motorhome. Now, how do you best protect it?

Arm Yourself With Information 

The best insurance policies are written when consumer and insurance agents know everything there is to know about what has to be protected. It’s your motorhome. Ask yourself some key questions to get your mind rolling as well as your insurance agents.

Arm yourself with answers to these five questions before you consider the amount of coverage and type of coverage you will need for your motorhome:

  • Who will be driving your motorhome? How old is the driver? Will there be other drivers on occasion?  Do you have a clear idea of the driving histories of all of the drivers of your new motorhome?  Motor Home, Motor Home Insurance, KY motor home insurance, OH motor home insurance, TN motor home insurance, Cheap motor home insurance
  • Where do you plan to take your new motorhome? Will you be driving internationally? Will you be driving out of Cheap RV insurance, Cheap Motor Home insurance, do i need motor home insurance, do i need rv insurance, insurance for fifth-wheel, insurance for rv, insurance for motor homestate? How often will you be driving out of state or internationally?
  • Where will your motorhome be stored when not in use?buy rv insurance, buy motor home insurance, but fifth wheel insurance, bu insurance for rv, by insurance for motor home, buy insurance for fifth wheel
  • Are you going to let others rent your motorhome when you and your family are not using it?

A complete, comprehensive conversation with an insurance agent at TruePoint Insurance in Fisherville, KY today can negate regrets tomorrow. Call us today or come in so that we can discuss how your motorhome can be the rolling bed of recreational freedom and enjoyment for yourself and your family.

Who buys renters insurance, the tenant or the landlord?

“Who buys renters insurance? The tenant or the landlord?” is easy to answer: The Tenant. 

If you want renter’s insurance, you’ll need to contact TruePoint Insurance in Fisherville, KY to get a quote because it’s unlikely that your landlord is going to cover your personal property for you.

Do you need renter’s insurance?

The short answer is: It depends on what you want to be covered. You might not have much going on in your apartment. If it’s a small studio and most of your stuff is in storage or back at mom and dad’s house, what do you need renter’s insurance for? You might not want to bother getting an air mattress and a TV covered if this is just a temporary place.renter's insurance, renter's insurance in ky, ky rent insurance, rent insurance, insurance for renters, insurance for renter's, insurance for apartments

But before you say no it’s important to consider the liability risk.  Lots of things can happen that could expose you to a lawsuit.  You have friends over and one gets hurt.  You may think your friends aren’t going to sue you.  I hear you, they may not.  What happens if your friend brings a friend and they get hurt.  Different ballgame.  What happens if your negligence leads to fire, you give tricker treaters some bad candy; things can get pretty ugly pretty fast and with the general liability protection included with your renter’s policy you are on your own.  No money to pay claims and no one to help defend you.

But you might not have a choice

Apartment renter's insurance, insurance for my stuff, insurance for renter's, rent insurance, ky rent insurance, where to get renter's insuance, best renters insurance, get renter's insuranceIt used to be that rental properties were something of a renter’s market. You could always go somewhere else with your hard earned money. Now, landlords know that renters are desperate. Many landlords may require tenants to have renter’s insurance. It might not be fair to tenants, but that’s capitalism for you. When you have something scarce, you tend to leverage it for whatever you can get, and renters insurance takes some of the pressure off of landlords.

But that doesn’t have to be such a bad thing. TruePoint Insurance can set you up with a solid insurance package at a reasonable price so that you can cover your belongings in your apartment without breaking the bank. Whether you want to stay protected or renters insurance is part of the lease agreement, it doesn’t have to be unreasonably expensive. Contact the agents of TruePoint Insurance in Fisherville, KY for additional information related to renter’s insurance.  If you are ready to get started on a quote let TruePoint show how to further reduce your cost.  We do this by packaging your auto and renter’s policy which reduces the cost on both.  Give us a call at 502-410-5059.

Does My RV Insurance Protect Me When I’m Out of State?

RV Insurance, insuring a RV in Kentucky, KY RV InsuranceRVs mean time spent with family and friends on the open road. They represent adventures and the opportunity to develop lasting memories of time together. Just as you are required to insure your regular vehicle, you are also required by law to carry insurance on your RV. The situation that an RV represents is different than a normal vehicle and your insurance needs will also be different as well. Consider this; an RV is both a vehicle and a vacation home. When you are looking at various insurance options, it’s important to consider the pitfalls that you could encounter while you are away from home. The team at TruePoint Insurance serves the needs of Kentucky, Indiana, and Tennessee residents. They understand the unique challenges that RV owners face and can show you the options that are available to you.

Policy Options

Just like an auto policy, there are many options, creating multiple alternatives to insuring a Recreational Vehicle.  An RV policy can provide comprehensive, collision, and liability coverage. It will go further to provide coverage for the contents of the RV including equipment such as satellite dishes and awnings. It can also provide protection from accidents involving uninsured or underinsured motorists. You will want to make sure that the policy that you select also provides some roadside assistance. If it is not your primary residence and remains on your property most of the year, there may be discount options available.

RV, RV insurance, KY RV Insurance, TN RV Insurance, IN RV Insurance, rv insurance quotesOk, that’s a bit of a stretch.  I pretty sure your insurance will not cover you that far away from home.  So how far can you go and still have RV Insurance coverage?

Keep it in the United States and your good.  Leave the country and you may not have coverage.  For sure, if you are planning a trip with your RV to Mexico you will need to obtain a special policy.  Otherwise, you will not have coverage while there.

Talk with your agent at TruePoint Insurance about potential savings if you only use the RV for a limited amount of time during a year. If you are in the Fisherville, KY area, feel free to stop by our office to discuss a policy and get a quote. Get ready to hit the road with TruePoint!

What Is Covered by Motorcycle Insurance?

Proper Motorcycle InsuranceIn order to drive a motorcycle in Kentucky, you must have at least the minimum of $10,000 damage per accident, $25,000 bodily injury liability per accident, and $50,000 for all bodily injuries per accident. This is only the minimum coverage and will only cover damages and injuries to other people. It also means you aren’t getting any financial protection for yourself in the event of an accident.

However, there is optional coverage you can consider purchasing. In Fisherville, KY, and the rest of the state, personal injury protection must be added to auto insurance. However, it is not required for motorcycle insurance, but could be an option for those who want additional coverage. This insurance will help cover your medical costs should you become injured in an accident. This insurance will provide coverage, no matter who caused the accident.

An agent at TruePoint Insurance can explain optional coverage. Other options can include collision coverage, which covers your motorcycle if it is damaged in an accident. Comprehensive coverage will pay for damages to your bike from damage that isn’t related to an accident. A motorcycle can be a huge investment, and some collision and comprehensive coverage will help pay for repairs so that you can take full advantage of your investment.

Other optional coverage includes medical payments to help pay for hospital costs if you’re injured in an accident. This is a useful type of insurance to have if your health insurance is lacking, or has a high deductible where you have to pay a lot of out-of-pocket costs. Even though insurance is mandatory, having uninsured or underinsured motorist coverage will help protect you if there is an accident with someone who doesn’t have insurance.

Contact TruePoint Insurance to get a quote for motorcycle insurance. Our agents can answer your questions and help you get started on a motorcycle insurance policy.

Understanding your home insurance deductibles

Deductibles with Truepoint Insurance

For many years, deductibles have been considered to be a fundamental element of the insurance contract. It is therefore vital to understand its importance when insuring your Fisherville, KY home to reap the benefit of your insurance policy.

A deductible is an amount of money the insurance holder pays towards an insured loss. Therefore, a financial obligation by the insurance holder since it forms part of the insurance contract. On many occasions, the amount you come up with as the deductible is paid before a claim.

Insurance deductibles have basics as explained below:

How to identify the amount of your deductible

On your contract, the insurance deductible is listed under the terms and conditions section which is on the declaration page of the insurance policy. As a homeowner, you will choose the deductible amount for your home and the contents. The policyholder chooses how much the deductible will be, but the insurance company sets the minimum deductible depending on the insurance policy, but regardless, the higher the deductible, the lower the cost of insurance.

How to save money with a deductible

As an insurance holder, despite the fact that you pay the premiums, you might not have claims every year. It is, for this reason, an advantage especially in instances where you pay higher deductibles or an increased amount of deductible more than the minimum since you will be able to save a good percentage on your insurance cost.

How to identify a loyalty deductible

It is important to understand the costs for each deductible on each policy. In case a policy has a waiver, and its cost is the same as policy without a waiver, then consider it as a loyalty advantage and a pleasant characteristic of the coverage you are purchasing. If there is a cost attached, then as the policyholder, it is upon you to contemplate whether it is worthwhile to pay more.

Being one of the fastest growing insurance companies in Fisherville, KY, Truepoint Insurance offers help with home insurance policies. Contact our offices to speak with an agent and to have your questions answered. We look forward to hearing from you.

Do I Need Flood Insurance?

flood insurance, KY flood insurance. buy flood insurance, FEMA national flood insurance programs. do i need flood insruance Flood insurance isn’t usually a standard part of a homeowners or renters insurance policy. While not everyone needs to buy a separate FEMA flood insurance policy; however, the worst thing you can do is wait for a rainy day before you find out if you need it. 

TruePoint Insurance provides flood insurance to many in Central Kentucky.  Covering much of the area between Louisville and Lexington.  Some people are more prone to a flood than others and only some must have it. 

We’ve heard many times in the past, “I don’t need flood insurance, I already have a homeowner’s insurance policy.   Our response is always the same! 

At other times we have been asked, “Does my homeowner’s policy provide flood insurance?”  homer's insurance doesn't cover flood, flood insurance is a separate policy, call 502-410-5089 to learn about the National Food Insurance Program

We quickly respond, “No!”

“How can you tell without looking at my policy?”

“Because flood insurance requires a separate policy.”  “Always!”

1. High-Risk Areas

If you live in a high-risk area for flooding, you want to purchase a flood

learn how the FEMA National Flood Insurance Program can help me
FEMA National Flood Insurance Program

insurance policy to protect your assets. You also want to if you’re at moderate risk for flooding. It’s important to discuss your risk with the insurance company, so you can determine exactly what risk you have for flooding. 

2. Could be Required

Those who live in an area at a high risk for flooding may be required by the lender to have flood insurance. You should contact your lender to determine what type of coverage you need in addition to a standard homeowners insurance policy. Keep in mind, you could experience legal troubles in addition to financial ones if you’re caught without flood insurance.

3. Flooding in the Past

Flood Zone, Flood Zone C, Flood Zone A, Flood Zone X, Flood Insurance. Kentucky Flood insuranceEven if you don’t live in an area prone to floods, if you’ve had flooding in the past, you don’t want to take any chances. It’s beneficial to have flood insurance just in case it should happen again in the future. 

4. Whether You Rent or Own

It doesn’t matter whether you rent or own. You can obtain flood insurance, no matter what. The coverage is a bit different when you rent, so make sure you read the details of your policy to ensure you have all the coverage you need in the event of a flood. 

                            Learn more about FEMA’s                                  National Flood Insurance Program

To get a quote for flood insurance from TruePoint Insurance, call or visit either of our Kentucky offices: 1085 Eagle Lake Drive in Lawrenceburg or 6287 Taylorsville Rd in Fisherville. Or call (502) 410-5089.