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.

Getting the Right Type of Life Insurance for Your Family

Life insurance comes in many forms, term life insurance, whole life insurance and universal life insurance
Life Insurance

No one likes to think about death, but it’s necessary sometimes. Because of this, it’s important to make sure you have the right type of life insurance for you and your family. Heaven forbid if you died an untimely death and left behind various expenses on your family. Not only will they be suffering emotionally from losing you, they will also be suffering financially.

To make sure your family will not have to go through such atrocities, it will behoove you to get life insurance. There are many types of life insurance

The Life Insurance application is the beginning of your process to a life insurance policy
Life insurance application

available; Term Life Insurance, Whole Life Insurance, and Universal Life Insurance lead the way. This makes it vital to consult with some reliable and experienced.  Finding an insurance agent to lead you in the right direction is the first step.

If you live in Central Kentucky or the surrounding areas, there is an insurance company that has highly professional and experienced agents.  These agents work to help you manage all risk.  Don’t underestimate the value of having assistance from someone with insights into other aspects.  When considering life insurance those providing guidance must understand your complete risk profile.

Life insurance policy

TruePoint Insurance can lead you in the right direction by giving you free quotes, consulting with you on the various types of life insurance available, point out all that is covered, and show the amounts covered with these different life insurance choices. That way, you can properly choose the right one that’s suitable for you and your loved ones. You will never be caught off guard when working with us making sure expenses and financial security are covered if death occurs.

Conclusion

Death is sure to happen to us all, and no one can predict his/her time of death. However, if you live in Kentucky, whether it’s Fisherville, KY or other areas in this state, you can ensure your loved ones are not going through financial perils if and when death occur when working with our insurance agents. We are fully trained, licensed, and experienced insurance agents who know the ins and outs of life insurance, and we work hard for our clients. So, contact TruePoint Insurance today!

Do you need business insurance?

do i need business insurance?  What will happen if I don't?
Do I need business insurance?

Does your business have commercial insurance?  Some businesses are required to have insurance, others are not.  How do I determine where my business falls. If you are required to have businesses insurance, you likely know. A governmental body may require your business to have a license. If that’ the case, it’s very likely that you couldn’t get your license unless you had prior proof of insurance.  Truckers, plumbers, insurance agents, and real estate agents are a few examples.
 
If I am required, what types of insurance will I need?
There is a purpose behind governmental units requiring businesses to carry insurance. They do so because of their charge to protect consumers.  As a
Commercial Insurance and Business Liability insurance, what is the difference
Commercial Liability Insurance

result, when insurance is required, it is, most likely to be a Liability coverage.  The two most common forms are General Liability (GL) and Professional Liability. Many contractors are licensed by the state.  In Kentucky, this is done by the Department of Housing, Building, and Construction.  Plumbers are governed by a subdivision of the department, the Division of Plumbing. The Division of Plumbing has as many requirements. The one we are focusing on is the requirement to provide proof of insurance.  It is a state mandate that all Kentucky plumbers have in place a general liability policy. The policy must have a minimum limit of $250,000.
Many industries revolving around motor vehicles use a different form of liability insurance.  One example is Truckers. Their liability protection comes from policies identified as Trucking or Non-Trucking Liability. They are very specific coverages that are part of the Commercial Auto Policies (CA). 
Auto dealers, garages, and body shops are protected by two liability policies created specifically for them. Dealer customers test drive vehicles and there is a very high turn over. Garages test drive customer vehicles, some even tow the client’s cars. These are a few reasons this group needs specialized coverage. Garage Liability and Garage Keepers Insurance have characteristics that appear like a blended GL and CA policy
Professional Liability Insurance has long been associated with services industries. It goes by many names; errors and omissions (E&O), medical malpractice, directors, and officers. This coverage protects businesses against claims of negligence.  Kentucky Insurance Agents and Real Estate agents are two examples of businesses required to have E&O coverage.
 
Why are we still here if insurance isn’t required?
If anyone ever tells you that you don’t need insurance don’t ask why just run!  I recently I saw someone involved in the insurance industry proposed the following absurdity. They suggested that risk change if your business operated online and didn’t have employees. Actually, they went as far as to say that such companies had little need for commercial insurance.
WHAT! 
Be sure to get their E&O info before taking there advising.
Before deciding to waive the insurance coverage, step back. What could go wrong today and how will I pay for it. Reconsider all your risk. Think about the online company, the one that has no risk. The one that doesn’t need commercial insurance. a
Consider the following: Do you have customers, clients, consumers, or readers?  If you answered no then are you really in business?
Could you make a mistake that would cause financial loss, or negative impact a customer? It is most likely insurable!
Could a vendor, affiliate, or other business relationship impact your business? Could one cause a temporary shutdown of your business? In most cases, you can protect yourself with insurance!
Ever heard of Cyber Liability?  What exposures do you have when someone hacks into your system? Cyber risk can be defended.
Everyone has risks, even an online business.  When you start to consider cyber exposures you very quickly release that this could be a very significant exposure.  If you’re interested in reviewing your risk profile feel free to give us a all.  (502) 410-5089. Some form of commercial insurance is needed by almost all businesses.   That’s why it is so important that you find an insurance agency that you can trust.  No insurance premium versus the option of no insurance company. When you have a claim, what is the highest the loss can be? When I do the math, those are odds that I don’t like. 
give us a call, we’re TruePoint Insurance. An insurance agency that’s committed to doing insurance your way. We know our role, and it’s not to sell insurance.  We help businesses like yours every day.