Why Bother With Commercial Insurance?

As a businessman in West Hartford, CT, you have to wear many hats to make your business venture a success. From being a chief marketer, financial advisor to becoming the primary decision-maker in your business, your day could be filled to the brim as you try to make your business function like a well-oiled machine. But despite how busy your schedule is, don’t forget to buy commercial insurance from StateChoice. 

Unfortunately, many businesses view commercial insurance as just another expense. After all, there are many business expenses, so why not save some bucks by ignoring commercial insurance. While every business is looking for ways to save, here are reasons why commercial insurance should be high on your budget priority list.

It helps your business bounce back

Suppose a peril like fire ravages your business. How can you bounce back without hurting your business finances? While your friends and business partners can help you get off the ground, commercial insurance is your best line of defense to help you bounce back from a disaster. 

It protects your employees

What’s the most valuable asset in your business? You guessed it right: your employees. To that end, it makes sense to protect your employees with workers’ comp insurance. This coverage protects your employees by covering their medical expenses when ill or when they suffer work-related injuries. 

It cushions you against liabilities

Your business operates in a litigious environment. And one significant suit could wipe away all your business resources. Thankfully, when you have invested in commercial insurance, it protects your business against bodily injury, property damage, and advertising injury to third parties. 

Hurry and invest in commercial insurance today!

Having seen the benefits of commercial insurance, now it’s time to purchase coverage from StateChoice. Contact us today, and one of our agents will help you get commercial insurance for your West Hartford, CT business. 

4 Tips For Shopping For Home Insurance in Connecticut

When purchasing a home, most homeowners might overlook home insurance as they focus all their energies on getting a dream home. However, homeowners should start shopping for home insurance as soon as they are in the process of building or buying a home. If you treat home insurance as an afterthought, you might get a half-baked deal, or you will get sub-optimal coverage. With this in mind, StateChoice of West Hartford, CT, has put a guide to help you when shopping for home insurance.

Know what your home insurance covers and what isn’t covered

Typical home insurance protects your home against various perils, including water damage, theft, vandalism, and numerous natural calamities. However, home insurance doesn’t cover damage resulting from floods, molds, pest infestation, and negligence. 

Understanding what is covered by your home insurance helps you avoid disappointments when filing a claim. Additionally, it helps you purchase extra coverage where necessary.

Pick a high enough deductible

Getting home insurance cushions you from sliding into a financial hole when disaster strikes. But if you need to save money on premiums, you need to choose a high deductible that you are comfortable with. Speaking of deductibles, homeowners should set aside funds to cover repairs that may cost less than the deductible.

Shop for additional coverages

While home insurance protects you against various perils, you may need separate coverages if your home is located in areas prone to floods, hurricanes, and wind damage. If you are unsure whether you need an additional policy, consult with your insurance agent.  

Do you need more tips when shopping for home insurance in West Hartford, CT? Please contact StateChoice for more information.

Does Boat Insurance Cover Theft?

If you live in West Hartford, CT, there is a high chance that you have a boat. The number of lakes around the city means that you will always be tempted to go fishing and other water activities. However, if you have a boat, it is essential that you get boat insurance from StateChoice to help you cover various liabilities that you’re likely to get. 

What Is Covered in Boat Insurance?

Boat Theft

Many people have been asking about boat insurance and theft. There have always been major debates about the coverage of stolen boats. However, if you already have boat insurance, you don’t need to worry when your boat is stolen. Your insurance company will compensate you with a new boat.

Physical Damages

If you have a boat, it is obvious that you will mostly face some physical damages. Most of the physical damages originate from boat accidents, fires, and collisions with other boats. Having boat insurance will help in addressing such issues. Your boat insurance company will help you to cover all the costs involved when repairing physical damages.

Liability Coverage

As a boat owner, you will always experience various forms of liabilities. It is clear that your boat will be causing some injuries and other forms of damages to other boats in the lake. The law requires that you cater to the repair cost that you have inflicted on other boats and properties. Boat insurance will cover all the liabilities that you’re facing and prevent you from covering such expenses from your pocket.

Do You Need Boat Insurance?

If you intend to buy boat insurance in West Hartford, CT, it is essential for you to contact StateChoice. The insurance team in this insurance company understands all the challenges involved in securing boat insurance. Therefore, they will help you to address such challenges and get your boat insurance immediately.

Your Speedy Guide To Recreational Toy Insurance – Hartford, CT

Recreational toys are the best for all your leisure-time pleasures. Whether you love water sports and exploring the seas with your boat, or you simply prefer the wilderness and camping in your RV, an insurance policy helps. StateChoice affords you many options to suit your budget.

Recreational toys are not cheap and that’s why securing them for the long haul is important. The sooner you acquire it, the better for you.

Check the rules of your state

One of the first things to bear in mind when applying for recreational toy insurance is in compliance with the state. Different states also have different laws applying to road and sea use. West Hartford, CT laws may also affect the price of the insurance premium.

Personal liability

Recreational toys are fun but also dangerous no matter if you’re in West Hartford, CT, or another state. Most operate with powerful motors and at the same time, carry passengers. Toy insurance that covers liability means you’re covered in the event of an accident or injury.

Collision cover

Just like comprehensive cover, collision insurance makes provision in the unfortunate event of damage caused by a collision. Your insurance pays out an allocated amount to fix or a partial amount towards repairs. Collision cover may also pay out the sum of a complete replacement of your toy.

Comprehensive or complete cover

This is usually the more expensive option, but one worth investing in. The total coverage secures your toys in the event of a collision as well as theft. In this way, you’re able to replace your prized toy in case something happened to it.

At the end of the day, comprehensive gives you the peace of mind you need to enjoy your toys. Remember to check the terms and conditions of StateChoice.

Have you considered cover for your recreational toys?

5 Tips to Get Your Boat Ready for the Water

Staying safe on the water while boating will make the experience more enjoyable. Making sure you and your passengers are safe as well as being aware of other boaters is critical for best safety practices while boating. Here are some tips to help make your next boat trip safe:

  • Check safety equipment like fire extinguishers, emergency radios, flares, flashlights, water, and food supplies
  • Notify one or more contacts about travel plans including destinations
  • Make sure electrical equipment is working properly
  • Check engine operations and fuel levels
  • Have a plan coordinated with passengers in the events of an emergency

The agents at StateChoice in West Hartford, CT can help you with any boat insurance needs you may have. We have helped many individuals through the years get quality affordable coverage for their investments.

Do I Need Boat Insurance?

You may not legally be required to have insurance coverage for your watercraft, but it is definitely worth considering to keep you and your valuable investments safe. Different levels of coverage can include personal property damage and liability. Having adequate coverage in the event of a natural disaster or other events can give greater peace of mind knowing your investment is protected. An experienced insurance agent can help you understand what types of insurance coverage may work best for you.

Professional Insurance in West Hartford, CT

Visit us at StateChoice in West Hartford, CT to speak with one of our experienced agents about boat insurance. We can work with you to craft a customized policy that fits your budget and your specific needs. Our agents have helped countless boat owners get great coverage for their valuable investment. We look forward to serving you.

Is motorcycle insurance in West Hartford necessary?

Those that are in the West Hartford, CT area will find that owning a vehicle will make it a lot easier to get around town. When you are looking for a vehicle, a motorcycle can be a fun one to drive and operate. Those that are in the market for a motorcycle in this area of the state should make sure they get a proper insurance plan in place. There are several reasons why having this coverage is necessary. 

Insurance is a State Requirement

A reason that a lot of people will need to get motorcycle insurance in this area is that it is a state requirement. Those that have a motorcycle are required to follow the same insurance laws as any other motorist in the state. This means that you will need to carry at least a motorcycle insurance plan with liability coverage or you will face the risk of penalization. 

Insurance is Required by Lenders

If you are going to purchase a motorcycle, there is a good chance that you will take out a loan to do so. Using financing to buy a motorcycle can make a lot of sense in some situations but it does require you to carry insurance. Most of the time, the lender will require that you have a full policy that includes collision and comprehensive protection.

If you are going to buy a motorcycle in the West Hartford, CT area it would be wise to call StateChoice. The insurance team with StateChoice understands the complexities that come with picking insurance plans for your motorcycle. They can help you better assess all of your options and needs. This guidance can then help you build a plan that will give you the right coverage for your situation.

Common Myths about Life Insurance

Many people feel like they don’t need to get life insurance for various reasons. However, not getting life could be devastating to your loved ones’ well being. There are many common myths about life insurance that can negatively affect you and your family, and they include the following: 

  • You Only Need Life Insurance Provided by Your Employer.

Many times getting employer-offered life insurance is more expensive than it will be when consulting a reliable insurance agent. Also, if you don’t stay at the job, you will lose your benefits and paid premiums whereas your premiums could’ve been locked in and possibly build cash value over time, depending on the type of life insurance you have.  

  • Life Insurance is Needed Only by the Breadwinner. 

If something happens to your spouse that stays at home, you may need that extra income to hire someone to care for your children and clean your home while you are at work. Also, you may need that extra income if your spouse made extra income to help your family while she/he was still living.  

  • Life Insurance is Very Costly. 

A recent study by LIMRA and Life Happens stated that 25% of consumers think that life insurance is $1,000 annually for a term policy for a healthy 30-year old person for a policy level of a 20-year term and $250,000. However,  these policies typically cost approximately $150. 

  • I Disqualify From Life Insurance Due to my Health.  

A list of health conditions is accepted in many cases, and there are some that specialize in high-risk cases. 

  • Every Person Should Purchase Term Life Insurance and Invest the Rest. 

This is sensible for most people, but you may be able to get a better deal by having life insurance for your whole life. Having permanent life insurance may be a better deal, for example, to assist with covering estate taxes or for a special needs child. 

  • Purchasing Life Insurance on the Internet is More Affordable. 

Many times, having a top-notch agent with tons of experience is best due to this professional knowing the ins and outs of life insurance. So, he/she will take you step-by-step to ensure the best coverage for you. 

  • I’m too young to be Concerned About Life Insurance.

This is not true for various reasons.  For one, young and old people die, so it is best to financially prepare in case you or your spouse passes away. Secondly, premiums tend to cost less when you are younger than when you get older when more medical issues tend to occur, and when you tend to have more assets. 

  • It’s Important to Always Buy the Return-of-Premium (ROP) Rider on any Term Life Policy. 

Different return-of-premium (ROP) levels are usually available for policies providing this feature. However, this feature is great depending on possible investment objectives and on your risk tolerance. In fact, many financial planners state that this rider should be avoided and is not cost-effective.

Conclusion

For more information about life insurance and to ensure you get the right coverage for you and your family, contact StateChoice today. Located in West Hartford, CT, StateChoice has been serving West Hartford, CT and surrounding areas for over 15 years now. You will be in good hands, so contact them today!

Variables To Consider While Researching Recreational Toy Insurance Policies

StateChoice serves the West Hartford, CT community by offering residents multiple types of insurance coverage. We strive to make sure that our clients find the policies they need to plan for any situation that may arise. We have positive relationships with multiple carriers throughout the East Coast.

Recreational Toy Insurance Variables

Recreational toys are different vehicles that you may operate to enjoy a good time. Different types of recreational toys include ATVs, RVs, boats, and motorcycles. Here are some variables to consider while you are researching policies. However, while you are operating these vehicles, you face multiple risks. Recreational toy insurance covers you while you operate your vehicle. The policy covers any damages that your vehicle suffers due to an accident. You are also covered if your vehicle is vandalized or stolen. Liability coverage protects you if you are involved in a collision and someone gets injured or your vehicle damages another person’s property. You can also add comprehensive coverage if your vehicle is damaged due to a fire or natural disaster. Here are some variables to consider while you are researching policies.

RV

If you enjoy traveling around West Hartford, CT in your RV, it’s important that you add coverage so that you will be protected if your vehicle suffers engine failure and you need roadside assistance. Also, keep in mind that you may have to amend your policy to cover any accessories on your RV, including any repairs to the interior.

Motorcycle

Think about adding storage coverage. That will protect your motorcycle while it’s in storage if an accident were to occur.

Boat

Pay close attention to your policy’s navigational limits. If you operate your boat outside of the area, you may not be covered if something happens.

StateChoice Will Help You Protect Your Asset

Visit our website to learn more information about recreational toy insurance.  

3 Benefits of Boat Insurance In West Hartford, CT

The lakes and coastline surrounding West Hartford, CT are the perfect place to use your boat. If you’re a new boat owner or a seasoned one, we recommend having boat insurance. There are many benefits to having this insurance, three of which our team at StateChoice has listed below. Read on to learn more.

1. Replace a Damaged or Stolen Boat

You never really know when something undesirable will happen, like getting your boat stolen. If this happens and you’re uninsured, you will lose the cost of your boat. However, with a boat insurance policy, you can recoup the loss. The same will happen if your boat is damaged. Generally speaking, having boat insurance is an investment in your boat.

2. Protect Your Assets

If you were to cause an accident or injury while using your boat, you will be liable to pay damages. This can get expensive quickly. That’s why it’s important to have boat insurance to help pay for any litigation-related expenses. If you find yourself in court or on the other side of an accident you caused, you’ll want boat insurance to help get you through it.

3. Peace of Mind

Knowing your boat and your assets are protected brings peace of mind. Each time you go out on the lake or the ocean, you can rest assured that if your boat sinks, it’s covered. That’s just one more reason to secure a boat insurance policy today.

To learn more, give our team at StateChoice a call today. Our friendly, reputable agents are standing by to take your call and answer all your questions and concerns about boat insurance in West Hartford, CT. 

Three reasons to invest in comprehensive coverage on your motorcycle insurance policy

Comprehensive coverage is an optional type of coverage you can add to your motorcycle insurance policy. It’s always a good idea to invest in this important type of coverage in West Hartford, CT.

At StateChoice, we offer numerous motorcycle insurance options including comprehensive coverage. The following are three reasons to invest in comprehensive coverage on your motorcycle insurance policy. 

You could end up paying out-of-pocket for heavy costs without comprehensive coverage. 

Comprehensive coverage pays the costs of damages caused by events like natural disasters, fire, or theft. These are real risks that could result in significant damage to your motorcycle. In fact, an event like a natural disaster or theft could easily cause a total loss when it comes to your motorcycle.

With comprehensive coverage, you won’t have to pay out-of-pocket to replace or repair your bike if it is damaged or destroyed from one of these causes. 

You enjoy greater peace of mind as a motorcycle owner.

Knowing that your motorcycle is insured against so many possible risks gives you peace of mind. You’re not as worried about damage to your motorcycle, so you get more enjoyment out of riding.

Comprehensive coverage often doesn’t add much to your premium.

You might be surprised to see that comprehensive coverage doesn’t necessarily increase your premium a great deal.

You could get a great deal of value from comprehensive coverage. For all the different possible coverages comprehensive coverage adds to your policy, it doesn’t always cause premiums to go up significantly. 

Contact us today if you want to learn more about comprehensive coverage and other motorcycle insurance options in West Hartford, CT. At StateChoice, we’re happy to help you with your insurance needs.