Personal, commercial and general liability insurance from a professional agent

Insurance is the only effective instrument to help you plan financially for life’s disasters and mishaps. We live in a risky world and there is always something that will happen and result in you suffering some form of loss. The only way to protect your assets and financial interests is with effective personal and commercial insurance.

If you work or live in Bethesda, Frederick, Gaithersburg, Maryland or Rockville you can get best value personal insurance and cost effective business insurance from Lowe-Tillson agency. An independent insurance agent has access to various insurance plans and policies and can select one that is best suited to your needs and your situation. So whether you need auto, health, travel, property or business insurance, it is best to deal with an independent agent that works for you and not the insurance carrier.

Insurance is a complicated subject and is riddled with conditions, options, exceptions, exclusions and fine print. It is a minefield for the uninitiated and therefor best left in the hands of the professionals. By simply selecting the first and best policy that comes along you will likely end up paying too much or being under-insured. Neither is a desirable situation and end up costing you a lot more than you bargained for.

Business insurance is probably the most complicated of them all. You need to be sure your commercial insurance covers your business assets and income and that your general liability insurance is in place. When you interact with clients or the public there is always the risk of injury or damage.  General liability insurance protects you in the event of third party claims for bodily harm, medical costs or damage to someone else’s assets or property.

Let a professional and independent agent handle your commercial and general liability insurance requirements and you will have peace of mind knowing you have the right cover and that your business interests are protected.

What Type Of Commercial Insurance Do You Need For Your Business?

There are very few better feelings in the world than the one you get when you see your business being born. Positive thoughts, pride and happiness are inundating your mind and soul and for a few days you feel as if you were walking on clouds.

But in the rush, hush and cheer of the moment, don’t forget one of the things that can make or break your business: the commercial insurance.

A lot of business owners from Bethesda, Frederick, Gaithersburg, Maryland, Rockville have unfortunately discovered the drawbacks of not having a business insurance policy. You don’t want to be caught off-guard with something like this; it is a thing that can get you  in debt for a long period of time – to say the least of it.

So make sure you choose one of the five main types of insurance that applies to businesses:

1.  General liability – the most used and most broad type of business insurance, it offers protection from claims, as well as protection in case of physical damage to others’ property.
2. Professional liability – this kind of commercial insurance can protect you from financial loss when it is associated with negligence at work.
3. Property insurance for businesses – whether you own the building where your office is or you work in a rented property, you will have to have some sort of property insurance for your business, as it is required for as long as a property is in your lease.
4. Auto insurance – you will not need this type of business insurance if you do not own a business car. However, in the USA it is compulsory to have car insurance, so if you have a car, you will also need insurance for it.
5. Workers’ compensation – probably the most important insurance if you have employers. It is compulsory under state law.

General liability insurance is an important part of your risk management

General liability insurance covers you in the event of injury to another person or damage to that person’s property as a result of an accident or mishap involving your business. We live in a legally aggressive society and when an accident happens you could be at the wrong end of the barrel staring down an expensive law suit.

Lowe-Tillson provides professional insurance services and solutions to the people and businesses of Bethesda, Frederick, Gaithersburg, Maryland and Rockville. They also specialise in general liability insurance which will protect your financial interests in the event of a liability claim.

You don’t have to be negligent or at fault to face a liability claim. A freak accident might not be your fault, but when it takes place on your business premises or as a result of your business operations, you could be liable. When you interact with clients and members of the public there is always the risk of an accident of some mishap. This also applies when you deal with a client’s assets, for example your clients money or  computer server.  It also applies if you write or speak about the clients business. If you do something that causes injury or loss to a third party, there is always the risk of a liability suit. In the event of a 3^rd party claim you will want general liability insurance from Lowe-Tillson on your side.

They will also provide you with insurance crafted to match your needs and the risks specific to your business. You can even get immediate coverage when you consult with a friendly agent or fill out an easy to use online form. You and your business face many risks and solid commercial insurance including general liability cover is an important part or your risk management and financial protection.

Auto and car insurance keeps you protected and mobile

Owning and driving a vehicle is big responsibility that should not be taken lightly. Apart from possible damage your safety and that of others is at stake. It does not matter whether you live or work in Bethesda, Frederick, Gaithersburg, Maryland, or Rockville, the state law requires you to hold a minimum level of auto insurance. Your minimum car insurance will include liability cover and uninsured driver protection. The rest is up to you and your insurance agent. The thing is that a minimum level of auto insurance is not going to cover your real risks.

What if your car is damaged or stolen?  If your car is damaged in a collision it is a different claim than when your car is damaged in some other way, for example due to a storm. What is you are injured and face mounting medical bills? What if urgently need alternative transport while your car is repaired or replaced? What if someone else drives your car and has an accident? What if you need emergency road side assistance? What if you travel out of state or in another country?  What about other vehicles and vessels you possibly own? What is you have a DUI offence?

When it comes to auto insurance there are many questions and there are proper answers.  If you live in the mid-Atlantic region of the East Coast you can get the answers from a trusted independent insurance agent such as Lowe-Tillson.  They have helped countless people from Bethesda to Rockville with suitable, affordable, reliable custom tailored car insurance.

When you have proper auto and car insurance you don’t need to worry about the financial implication of an accident or other unfortunate event. Instead you can focus on your driving without additional worries that relate to inadequate car insurance. This will keep you safer on the roads and help you avoid accidents and other negligent acts that can result from worries and lack of concentration.

Business insurance to protect your commercial investments

If you operate and manage a business in Bethesda, Frederick, Gaithersburg, Maryland or Rockville the Lowe-Tillson Agency can provide you with quality and cost effective commercial insurance that will safeguard your financial investments. Business insurance is a broad and complex field that is best left to the professionals.

You want to be sure your financial future is safe in face of adversity and misfortunes. As a business owner you face many risks and anyone of them can cause great loss and financial ruin if you do not have adequate business insurance to protect your commercial assets. More specifically you need to be sure your property and assets are covered should some disaster or mishap take place. You want to be insured for the mainstream events such as fire damage, water damage or losses from natural disasters.

Another big component in commercial insurance is liability. You might face a claim from an unhappy client. If another person suffers injury as a result of your or your employee’s negligence, you could face a huge liability claim.  Your need to be sure you have proper and adequate liability insurance to protect your commercial and financial interest.

Accidents and mishaps also happen. In addition to liability cover you need to workmen’s comp to protect you and your employees in the event of a work related accident. Then there are many specialty policies related to commercial insurance. These include cyber insurance, surety bonds, errors and omissions, contractors bonds, commercial auto insurance and so on.

You also need to be sure your commercial insurance is flexible and can grow and adapt as your business grows and changed. Keeping your business insurance current and in-line with your business needs is a sure way to protect your business assets and your financial security.

Why buy an insurance policy?

Keep your quality of life, and offer tranquility are some of the benefits that offers an insurance policy where ever you are, even in Bethesda, Frederick, Gaithersburg, Maryland or Rockville. But, what else you should know?

An insurance policy is the document that refers to the insurance contract concluded by the insured. The policies contain two sections: terms and conditions. It is very important to read all the clauses contained therein for having complete information of their terms and conditions.

It reflects the general rules, in private or special form, that govern the contractual relationship agreed between the insurer and the insured.

When thinking about concluding an insurance policy, it is common to be reluctant because we have little or no information. This has caused our heritage to be highly vulnerable: earthquake, fire, theft, are latent threats that in any time can end goods collected during years of effort. Therefore, it is worthwhile to delve into the issue and reconsider whether to acquire some means of protection. The insurance policy is most important thing when concluding it, it is your paper protection that everything you’ve concluded will be offered to you.

Remember that the insurance is a financial mechanism whose purpose is to protect your assets, give you reassurance and support, and gives you power in the event that you suffer an accident or incident. In other words, the money paid for the insurance represents an investment in our security and tranquillity in an unfortunate situation. If today’s technology offers you to buy insurance online, it is best that before doing this you call or visit the insurer so you can read exactly what your policy contains, because many times it is not clear trough this service, everything your contract contains.

Given that a question arises: do we really should acquire an insurance policy? Of course, you must see the future benefits and maintain a culture of prevention in your life. The most important thing is you and your safety, so do not hesitate.

Steps to have a property insurance policy

Concluding a property insurance is not considered essential within the family budget, even if it is an insurance little known and despised by the culture of “this will not happen to me” , however it is essential for your tranquillity and for all your family. You must consider that your house is a heritage that for many of us cost years of hard work. Why not care for it and protect it from any damage?

Today you should analyse the climate changes and the situation of our country, especially in Bethesda, Frederick, Gaithersburg, Maryland and Rockville, which does not allow us to be unprotected. Everything that is inside and outside of your home is an investment that you made, and now must take care of it following some simple steps for property insurance.

So, first thing to do is inform yourself. Today from the internet you can access different insurance sites that offer not only the description of the product but also show comparisons. Then, you have to see your real needs, considering, various factors ranging from the type of home, whether it’s residential, apartment, rented or of social interest.

When paying the property insurance you must provide the following information:

1. Property details and your personal property details.

• The approximate value of the property without considering the value of the land.
• The construction type, for example from what are made the walls and ceilings.
• The total value of your personal property. It is important to consider the value of your furniture, appliances, electronics and even your clothes and it is important to estimate the replacement value.

2. In the case of theft and/or assault.

• Consider the value of the assets that in your opinion are easier to carry by thieves. This is one of the most expensive coverage, so consider that not all of your property may be susceptible to theft.

Contact an insurance agent, who has an extensive knowledge regarding the market and can give you excellent protection for your home and can guide you in preventing accidents.

Business Insurance Bethesda: Why should you have business insurance?

Business Insurance Bethesda: Your company’s head office, facilities, as well as the equipment and goods acquired represent an important investment. All your company’s assets may be affected by unforeseen events which at any time can take place. A fire can cause damage that could cost billions, damaging stocks of goods, and in some cases business interruption. To protect yourself in such unpleasant situations, whose frequency is unfortunately growing, you needed to be ensured. If you are looking for insurance companies you can find them in different places like Bethesda, Frederick, Gaithersburg, Maryland, Rockville, which would be able to help you in ensuring your business.

If you still have doubts about having business insurance here are some strong reasons that may convince you:

1. First of all you have to protect your employees. An employee who has an accident at work or whose health is endangered may have the right to financial support in case of a hospitalization or can claim damages if it turns out that you were negligent towards his safety.

2. Second of all you have to protect your clients and your public. In case your products or services can cause injury to clients or potential clients, your business might face demands for compensation. Product liability and public liability insurance can help you ensure the payments.

3. The third place is occupied by the business assets. Theft or damage to your office, equipments and vehicles could not allow you to work under normal conditions. A failure of an important supplier or a client can mean major financial problems. Whatever the risks you have to face business insurance offers you the necessary protection in order to be safe no matter the situation.

Once you understand that these three arguments are really important, you will probably realise that business insurance is something needful and see it as an important investment in your business.

Homeowners Insurance Bethesda and Choosing The One For You

Homeowners Insurance Bethesda: Did you know that homeowners insurance Gaithersburg as we know it today was “invented” only in the 1950s? Of course, before the first official property insurance there were other variations of the same document; the main drawback of the “old” method was that a person had to have a bunch of insurance documents to cover for various belongings.

With the introduction of homeowners insurance in Bethesda, Frederick, Gaithersburg, Maryland, Rockville and the entire US, things got a lot less complicated.

Nowadays the homeowner is allowed to purchase all the insurance they need for their homes in one single, complete policy. Still, modern developments have changed the insurance coverage terms, availability and pricing, so that now people can choose from up to 8 types of coverage:

1. HO0 – Dwelling fire form homeowner policy: it is a type of basic insurance policy which only covers for fire, smoke, windstorm, hail, lightning, explosion, vehicles, and civil unrest; it doesn’t offer insurance for personal property or personal liability, nor does it cover medical expenses.
2. HO1 – Basic form homeowner policy: it is another type of basic insurance. It covers for 11 known perils which might affect a home/property. These 11 threats are: fire or lightning, windstorm or hail, vandalism or malicious mischief, theft, damage from vehicles and aircraft, explosion, riot or civil commotion, glass breakage, smoke, volcanic eruption, and personal liability. As you can see, they do not offer coverage for flooding or earthquakes.
3. HO2 – Broad form homeowner policy: The insurance we’re talking about covers a broader range of perils than the one listed above: 16 (the 11 mentioned in point two, plus 5 more).
4. HO3 – Special form homeowner policy: If you are like most American families, then this is more than likely the kind of coverage you have.

The other 4 types of coverage are the following (please contact one of our representatives to get more details):

1. HO4 – Tenants form homeowner policy
2. HO5 – Premier homeowner policy
3. HO6 – Condominium unit owners form
4. HO8 – older houses

Home Insurance Bethesda: Top Tips that Complement

Home Insurance Bethesda: Do you have home insurance? Are you a business owner who has just signed the papers for their business insurance Bethesda? Do you live in Bethesda, Frederick, Gaithersburg, Maryland, or Rockville? If your answer is “Yes”, then read on, this article is for you.

There are some tricks you can use as an addition to your home insurance Maryland that you probably did not think about before. In fact, many people are already using them without realizing that they help protect their homes against burglary, damage or destruction.

Here is a list of the things you can do to protect your property even if you have insurance:

1. Install a burglar alarm. Even if you have home insurance Rockville, a burglar might still sneak into your house at night and steal things which are dear to you. Make sure this will not happen: install a burglar alarm and protect your goods (in many cases it will be very difficult for you to prove to the insurance company that a burglar stole your goods).
2. Install surveillance cameras. They have the exact same purpose as the alarm. Their main advantage is that they can be really helpful in proving to the insurance companies that someone actually stole from your house.
3. Waterproof your home. Flooding can come unannounced; check your pipes regularly and make sure they work at their normal capacity. Change them if they are old because they can give up at any moment.
4. Protect your property against fire. If you have a house which is made of wood, you need to make sure it is protected against fire.

These are the 4 top reasons why people file insurance claims, business insurance Maryland and home insurance included. Receiving the funds from the insurance might be a lengthy process and, as the saying goes, it is always better to prevent than to treat.

Car Insurance Maryland: Get the Right Insurance Coverage for Your Vehicle

Car Insurance Maryland: There is a wide array of car and vehicle insurance plans, policies and options. It can be rather confusing in deciding which plan and coverage best fits you. If you make the wrong decision, it could end up costing you a great deal of money.

Lowe-Tillson Insurance provides a professional service to the residents and people of Bethesda, Frederick, Gaithersburg, Maryland and Rockville. You do not have to struggle trying to figure out which car insurance, motorcycle Insurance Maryland or liability coverage that you need. We will work with you to understand your circumstance. We have the experience and knowledge to select and arrange the right combination of plans and options for your vehicle insurance needs.

We have access to the best insurance plans available from leading providers across the country. We do not only select the right policy but we get the right price too. Our plans extend to private individuals as well as businesses and corporations. We also offer family plans as well as commercial vehicle insurance. So whether you need coverage for your personal car, the whole family or your company car, we can help.

Our plans are underwritten by major carriers, so you can be confident your claims will be dealt with efficiently and promptly.

We also offer insurance policies for motorcycles, boats and other recreational vehicles. Our plans will ensure that you are covered for collisions, damage to property, liability claims, criminal acts, natural disasters as well as fender benders. So do not take to the road without us. Take our coverage and drive with peace of mind knowing your financial interests are protected.

Contact us today for an easy and friendly consultation. You can also complete and submit our online form and we will be in touch soon.

There are a wide variety of silly and somewhat funny things we can do from time to time, like telling people that dihydrogen monoxide is coming out of the sink (dihydrogen monoxide is the chemical name for water), but one thing you should avoid falling for as a consumer is being told that carrying only the state mandated minimum coverage is adequate auto insurance protection.

In an auto accident, drivers can be legally liable for their passengers’ injuries. While most states have mandatory minimum limits of liability required of all drivers, many of these requirements may not be sufficient in covering injuries sustained in an auto accident. In some states, this required amount may be as little as $25,000 per person and $50,000 total for all injuries in an accident – which may not be enough when you consider the severity of certain injuries and the number of passengers that could be involved. Remember that this limit also applies for all injuries caused by an accident for which you are liable, including passengers of other cars.

So what are the right limits? Like many answers… It depends. Everyone’s situation is different, but as an independent insurance agency we can help you understand what issues you should consider when evaluating what liability limits to purchase.

For Instance:

1. How much would it take to compensate a victim? If you were to cause a severe, life altering injury to someone, consider how much money it would cost over time to compensate them. It’s likely higher than $25,000.
2. What assets do you have and what is your net worth? Think about your home, your car, savings, investments, etc. Having adequate insurance to protect these assets is something you should consider.

Naturally you might wonder if increasing your liability limits will increase the price of your insurance premiums. While you’ll pay more for the additional coverage, it’s likely that it won’t be very much to raise your liability limits, and in the long run it offers you more financial protection. You may be able to offset some of those expenses by raising your deductible or through other discounts. This is where we can help identify the different options available to you.

There is no definitive rule of thumb for making sure you have “enough” insurance but it’s important that you feel comfortable with the amount you have, because nobody likes to be made a fool of when it comes to an insurance claim.

Source: trustedchoice.com