Umbrella Insurance Provides an Extra Layer of Protection

Perhaps you have reached a point in your life where you feel somewhat secure financially. But what if there was a car accident for which you were at fault? Or if a guest visiting your home slipped and fell on the sidewalk? Let the agents at AS Insurance Agency, who serve the Manchester, NH area, explain how umbrella insurance can help.

Why Umbrella Insurance?

Personal umbrella insurance provides protection for you and your family when you have exceeded liability limits on your homeowner’s or automobile policies. An umbrella policy allows you the flexibility to choose a liability limit that will best protect your assets up to $5 million.

You have worked hard for the wealth you have accumulated for yourself and your family. You could reach the million-dollar mark by retirement age. But what about people who have lost everything in lawsuits and had to begin again?

Don’t worry. Protect yourself and your financial assets.

Purchase umbrella insurance. It provides coverage for large claims or lawsuits that are not covered by auto or homeowners insurance policies.

Your homeowners and auto insurance policies provide coverage for damage to your home and car. They also provide personal liability protection if someone is hurt on your property or if someone is injured in an accident that you caused. That coverage has limits, however. For example, if you are sued, the policies may cover up to $100,000 in damages. But if you have a higher net worth, those limits could disappear very quickly.

Get The Best Coverage For Your Needs

Umbrella insurance takes over where your other policies leave off. It is personal liability coverage that protects you and your family from lawsuits or large claims when the limits of your other policies have been exhausted.

Protect your financial future with umbrella insurance. Contact the AS Insurance Agency in Manchester, NH today for a free quote. You will be glad you did.

Who needs to have a flood insurance plan?

Owning a home in the Manchester, NH area has continued to be a great form of housing and investment. If you do purchase a home in this part of New Hampshire, having the right insurance for it should always be a top priority. One type of coverage that people here will need to consider getting is flood insurance.

There are situations when a property owner will need this additional coverage:

When Trying to Protect Investments and Assets

One situation when you will want to have a flood plan is when you are looking to protect your investment and assets. If you own a home, it will take a lot of money to purchase and maintain. If your home is affected by a flood, the cost to remediate this can be significant. Since your base property insurance may not provide any flood coverage, having an additional flood plan could be a necessity to ensure support. 

Insurance is Required

There are other situations when you may be required to carry flood insurance. If your home is located in a designated flood zone, a mortgage lender will require extra insurance to ensure their collateral is protected. When you have a flood insurance plan, it will ensure that you have this coverage and are in good standing with lender insurance requirements. 

Get The Right Coverage Today

When you are going to purchase a home in the Manchester, NH area, you will want to know that you are getting the right insurance for it. If you are evaluating your flood insurance needs, calling the AS Insurance Agency can be a great option. The insurance professionals with AS Insurance Agency will fully understand this complex type of coverage and they will offer the support you need to determine if it is right for your situation. 

How Does Condo Insurance Differ From Home Insurance?

If you have purchased a condo, or you are planning on purchasing a condo, you may be looking into purchasing home insurance for that condo. You will quickly find that home insurance for condos does not exist, and instead, you will need to purchase condo insurance, an insurance product specifically designed for condo owners. Here at AS Insurance Agency, serving the greater Manchester, NH region, we are often asked what the difference between home insurance and condo insurance is. 

Differences Between Condo Insurance and Home Insurance

The biggest difference between home insurance and condo insurance is the exterior of the building. When you own a home, you are responsible for all of the building, including the exterior of the home. This is not the case with a condo. When you buy a condo, you only need to insure the space in your unit. As such, things like the exterior of the condo building, roof, and common areas are not included in condo insurance, whereas they are included with home insurance. 

Similarities Between Condo Insurance and Home Insurance  

Aside from the exterior of the building, home insurance, and condo insurance are very common. Your belongings are insured under both policies, damage caused by unexpected events is covered under both policies, and lenders require you to purchase the right policy type if you have a loan out for the property. 

If you are in the process of buying a condo or have recently closed on a condo, you may be looking to purchase condo insurance. Here at AS Insurance Agency in Manchester, NH, we can help you get the insurance you need. Reach out to us today to obtain an estimate for condo insurance or to purchase a new policy. 

How to Choose the Right Health Insurance Coverage For Your Employees

Like most business owners, you want to ensure your employees have the best health insurance coverage. But with so many options, it’s tough to know where to start. Consult with AS Insurance Agency in Manchester, NH for expert insurance advice.

Here are a few things to keep in mind as you shop for health insurance for your employees:

1. Know Your Employees’ Needs

Before shopping for health insurance, it’s essential to take a step back and consider your employees’ needs. What kind of coverage do they need? What are their budget constraints? Answering these questions will help you find your employees’ right health insurance plan. Create a confidential survey or ask your employees directly to get a sense of their needs.

2. Shop Around

There’s no one-size-fits-all regarding health insurance, so shopping around and comparing different plans is essential. Consider both the premium and the deductible when comparing plans. This process is timely, so start early.

If you don’t have the time or patience to contact different providers, work with an independent insurance company. AS Insurance Agency can help you find the best health insurance for your employees without all the hassle. An independent insurance company works with multiple providers, giving you more options.

3. Review Your Plan Regularly

Health insurance plans and needs can change over time, so reviewing your coverage every year is essential. This can ensure your employees are still getting the best coverage. Laws and situations can change, so you must be proactive about keeping up with your health insurance plan.

4. Check Your Options

Did you know that some health insurance providers offer discounts to businesses? If you’re not sure, it doesn’t hurt to ask. Many times, all you need to do is meet certain criteria, such as having a certain number of employees.

Give Us A Call

If you have questions about choosing the right health insurance for your employees, contact AS Insurance Agency in Manchester, NH today. We’re here to help!

Differences Between Term Life and Whole Life Insurance

When you are considering which type of life insurance you want to get, you will need to choose between term life and whole life insurance policies. There are a few key differences between these two kinds of policies. You may find that one is better for your needs than the other. If you are in need of life insurance, give us a call today at AS Insurance Agency in Manchester, NH.

Term Life vs Whole Life: What You Need To Know About Life Insurance

Time Periods

Term life insurance has a major difference from whole life insurance policies. Term life is good for only a specific amount of time. It is set up for a specific number of years, and after that, the policy will expire. This isn’t the case with whole life policies. They stay in effect for the rest of your life as long as you keep on making the payments for the policy. When a term life policy expires, you have to apply for a new life insurance policy. With whole life, there is no expiration date, and you can keep the policy indefinitely. With a whole life policy, even the insurance company can’t cancel the policy if you are continuing to pay for it. 

Cash Value

Another big difference is that whole life policies eventually build up a cash value. Policyholders can borrow against this amount if they should need to. Term life policies don’t have this. However, term life policies are less expensive than whole life policies. Because whole life policies continue into your old age, the cost of the premiums is higher. However, many people appreciate that the cash value is there if they should ever need to borrow it. 

Get Your Life Insurance

When there are people who depend on you, it’s important to carry life insurance. Give us a call at AS Insurance Agency in Manchester, NH.

Do College Students Really Need Renter’s Insurance?

Renter’s insurance may feel like a new idea, but the truth is that you may want to consider having it. Even though you may feel like a poor college student, you may want to consider getting insurance for the following reasons,  AS Insurance Agency in Manchester, NH provides this guide in navigating this important coverage.

Renter’s Insurance For College Students

You are going to have electronics, which can be quite expensive to replace. 

College students often have at least one laptop, along with other electronics. They may have a Kindle or other reader instead of carrying around textbooks. Many have expensive phones, air buds, and other things that they need to have a good life. 

Some even have a lot of gaming equipment, which can really add up. 

Those that play video games often have more than one laptop. They may have expensive keyboards, controllers, headphones, and more. Some have more than one gaming system! 

You may have an expensive wardrobe. 

Many teenagers have quite a wardrobe, which they take with them to college. They may buy some of the best pieces when they have some extra money to burn. 

Give Us A Call

If you are a college student, you may have more possessions than you realize. You may have a laptop and other electronics, along with some gaming systems. You probably also won’t leave your extensive collection of clothes at home either! All of this can add up quickly, making it important to have renter’s insurance. If not, you may have to pay to replace all of these items, which is probably out of your price range! 

If you want to make sure that your possessions are protected, you need to make sure that you have enough coverage. In order to make sure, contact us today at AS Insurance Agency in Manchester, NH.

What Coverage Does Worker’s Compensation Insurance Need To Have?

Worker’s compensation insurance is an insurance policy that protects an employer’s liability for injuries and accidents that happen to the employees in the workplace. Employers need to have worker’s compensation coverage to protect themselves from accidents that occur in the workplace.

The type of accidents covered by worker’s compensation insurance includes injuries that happen during the ordinary course of employment. It is essential to have this coverage in place, not only for the security of your business assets but because it is required by New Hampshire law.

Business owners in Manchester, NH must have worker’s compensation for full and part-time employees AS Insurance Agency has the details on what coverage is mandatory below.

Worker’s Compensation Required Coverage

A valid worker’s compensation policy will cover any employee whose injury occurs in the course and scope of their employment and results in medical bills or lost wages. Insurance will cover the total cost of medical bills. It will also cover 60% of the employee’s lost wages.

Workers Who Are Covered

All employees are covered, regardless of who is at fault. This includes documented or not full-time, part-time, temporary, and immigrant workers.

Exemptions From The Worker’s Comp Law

Sole Proprietors or self-employed people are not mandated to have worker’s comp but are allowed to elect to have it. Those who work under a General Contractor may be required to have it per the GC’s will.

Limited Liability Companies (LLC) do not need worker’s comp if there are less than three executive positions with no other employees. This also applies to corporations and Professional Associations.

Give Us A Call

If you own a business in Manchester, NH and need a worker’s comp policy, contact AS Insurance Agency today.

Benefits of an Umbrella Policy in Manchester, NH

No one wants to use insurance, but they’re grateful to have it when they need it. And that’s why an umbrella policy is essential, especially in Manchester, NH. Here are three reasons you should have this coverage with your homeowner’s policy:

Extra Protection Against Liabilities

In a perfect world, we’d never need to worry about being sued. But accidents happen, and sometimes people get injured or damage their property. If you’re held liable for any of these things, an umbrella policy can provide extra protection beyond what your homeowner’s policy covers.

Provide Coverage for Recreational Activities on Your Property

Do you have a trampoline or pool in your backyard? If so, you’re at a higher risk of being sued if someone gets injured while using them. And your homeowner’s policy likely won’t provide coverage if that happens. An umbrella policy can help protect you in these situations.

An AS Insurance Agency representative can help you determine if an umbrella policy in Manchester, NH is right for you and explain how it can help protect your home and family.

Extra Coverage for Belongings

Your homeowner’s insurance policy may already cover your belongings, but there are limits to what it will payout. An umbrella policy can provide additional coverage for things like jewelry, art, and collectibles. It can also cover any damages that occur off your property, like if your child damages someone else’s home.

Safeguard Your Future With an Umbrella Policy

An umbrella policy from AS Insurance Agency can provide you with the peace of mind that you and your family are protected in the event of an accident or natural disaster. Contact us today to learn more.

Motorcycle insurance tips: 5 Ways to ride defensively in Manchester, NH

The roadways can be dangerous. This is especially true for motorcyclists.

Some accidents are unavoidable. However, excessive speeds, unexpected obstacles, and distracted driving bring heightened risk. It’s important to remain aware and vigilant when riding.

At AS Insurance Agency in Manchester, NH, your safety is our top priority. Our agency can provide a personalized motorcycle insurance policy. But our experts also want to share these five defensive driving tips for any motorcycle rider.

Gear Up

Safety gear may not be "cool," but it is essential. Protect yourself with a helmet, eyewear, and gloves. Long pants, sleeves or jackets, and boots are also encouraged.

Stand Out

Motorcycles are already difficult for other drivers to see. Maximize your visibility with bright-colored clothing. When riding at night, use headlights and be ready to use your horn just in case.

Leave space

Another way to be more visible is to leave space between you and other motorists. Avoid other vehicles’ blind spots. Also, don’t tailgate too closely. As you ride, think about an escape route, if needed. As a general rule, less-congested roadways present fewer issues. Find a less-traveled route to ride.

Pass safely

Improper overtaking is one of the leading causes of accidents. Be extra careful when passing. Watch for braking or changing lanes ahead of you. Never pass on curves or blind corners.

Improve skills

Practice makes perfect. Riding regularly is still one of the best ways to gain experience and get more comfortable. If you’re new to riding, consider a safety or training course.

Contact AS Insurance Agency

If an accident does happen, you’ll want to make sure you’re covered. Serving Manchester, NH, AS Insurance Agency can create a motorcycle insurance policy that keeps you safe, protected and grants you some peace of mind on the roadways. Schedule an appointment today.

Flood Insurance Variables To Consider

AS Insurance Agency is an independent agency. We work with multiple carriers across the East Coast. We are committed to helping Manchester, NH residents find the coverage they need to protect their assets. We offer a wide variety of policies to match the unique needs of our clients. We are confident that we can help you find the coverage you need to navigate life’s risks.

Flood Insurance Variables To Consider

Flood insurance is something that may not be on your radar, but it definitely an asset to consider. As inclement weather moves through the Manchester, NH area, the likelihood of severe floods increases. Severe flooding has the ability to damage the structure of your property and your personal items. Consider the benefits of flood insurance.  Flood insurance covers your property if it is damaged by a flood. The policy is an asset even if you don’t stay in a flood zone.

Remember that flood insurance only covers damage caused by severe weather moving into the area. The flooding should impact other areas as well in your neighborhood as well. If your property is damaged due to a drainage backup, you are not covered through flood insurance. You can add extra coverage to protect your assets. You should be aware, though, that flood insurance does not cover any damage to your swimming pool or patio. You can amend your auto insurance policy to cover you if your vehicle suffers flood damage. If the flooding is severe, you can add alternative living coverage, which allows you to stay somewhere else temporarily until your home is repaired.

AS Insurance Agency Will Help You Protect Your Assets

Visit our website to learn more information about flood insurance.