What You Need to Know About Condo Insurance

Unlike the standard homeowners’ insurance that offers straightforward terms, getting a condo policy will require you to consider what your Master Policy covers in addition to your unit cover. This can cause difficulties for Manchester, NH residents, resulting in numerous policy seekers abandoning their condo coverage altogether. Below, AS Insurance Agency helps you break down what a condo policy is all about.

Your Condo Insurance Is Different From Your Master’s Policy

Your condominium’s Master Policy is designed to protect the exterior of your condo and not the interior. This means that it will cover areas such as the lobby, exterior walls, swimming pools, and amenities such as the gym. To protect items inside your unit, you will be required to get your condo policy. An individual condo cover will ensure that assets such as clothing and fixtures are protected when covered perils occur in your unit.

Condo Insurance Comes With Multiple Policies

Condo insurance is composed of various types of covers, with an example of this being liability coverage. This pays for legal expenses, medical bills, and property damage when someone is injured inside your condo or their property gets destroyed. Others such as content coverage will protect your personal belongings from risks such as theft and fires, while building property coverage protects interiors such as walls, cabinets, and fixtures from damage. With these differences in mind, make it a point to understand each coverage type to ensure you pick the suitable option for your needs.

Condo Insurance Has Its Exclusions

While condo policies cover significant damage to your condo, it also has its limits. Damages arising from flooding and mold damage will often not be covered along with intentional acts of harm to 3rd parties. Before signing up for your policy, the research covered perils in your condo insurance to help you stay informed of what to expect when emergencies arise.

If in need of condo insurance within Manchester, NH, call AS Insurance Agency today for customized policies.

How to Make Sure Your New Hampshire Health Insurance Has Your Prescription Drug Coverage

It is estimated that over two-thirds of Americans require prescription medication. The pharmaceutical industry is a multi-billion dollar industry. This is why it is important for every New Hampshire resident to make sure that prescription drug coverage is included in their New Hampshire health insurance plan.

At AS Insurance Agency, we want Manchester, NH residents to have the prescription drug coverage they need. When you are purchasing health insurance, it can be difficult to understand how to get the right coverage. Learn more about how to get the prescription drug coverage you need.

Health Insurance for Chronic Conditions

There are a number of chronic conditions that New Hampshire residents need prescription drug coverage for. You may not have those conditions now, but could at any time. Be proactive on this.

When you are looking for health insurance, look for the plans that cover chronic conditions such as diabetes, arthritis, back pain, and more. Rising costs on medications for these conditions and others could become a crisis in the family very easily. Review every health insurance formulary thoroughly before you make a decision.

How Prescription Drugs are Paid For 

When you are looking for health insurance, you want to know how much your prescription drug coverage will cost, and how much your prescriptions will cost. This is what the formulary is for.

Here you will find out what you will have to pay for when it comes to existing medication. You will then be able to plan your budget accordingly.

Questions you want to ask when purchasing health insurance involve pharmacies, and health plan approval. You need to know if you need approval from the plan before you get a prescription filled. You also want to know if you can use any pharmacy you want, and which ones you can use if you can’t.

Get a Quote

Getting the right New Hampshire health insurance doesn’t have to be a headache. At AS Insurance Agency, we can help Manchester, NH residents get the prescription drug coverage they need. Call us today for a quote.

Medical Exams and Life Insurance – What to Know

For many, getting a medical exam for a life insurance policy can be stressful and anxiety-inducing, but the exam doesn’t have to be scary. The professionals at AS Insurance Agency serving Manchester, NH can help you navigate this process with ease.

Underwriters require medical exams to determine the potential policy holders’ health. The healthier you are, the lower your premiums are likely to be. 

During a medical exam to get life insurance, you will be asked to undergo at least two components of the exam, a verbal interview/evaluation and a physical exam.  During the verbal evaluation, you’ll be asked a series of questions such as your medical history, your family medical history and details about your lifestyle.  

The underwriter will want to know if you smoke, drink alcohol, use any recreational drugs, take any prescribed or over-the-counter medications regularly or if you engage in any activities that might make you more likely to have a shorter life expectancy.  You’ll be asked if you have any underlying medical problems or pre-existing conditions such as diabetes, high blood pressure, high cholesterol or other chronic illnesses. You’ll also be asked to take a physical exam so that a physician can listen to your heartbeat and see for themselves if you have any noticeable ailments. You will also be asked to undergo bloodwork testing which will look for things like your cholesterol levels, blood sugar and bloodwork can also confirm that you are a non-smoker.

Before your exam, get plenty of rest, make sure you are hydrated and if you are a smoker, seriously consider quitting in order to make your odds of being insurable higher and your rates better!

Get in touch with AS Insurance Agency serving Manchester, NH to learn more about your life insurance options today.

4 Benefits of Workers’ Comp Insurance

If you are a business owner who leads a team of employees, it’s your mandate to guarantee their safety and security while in their working environments. While devising safety precautions in the workplace is pivotal in abating work-related injuries, the other way of assuring employee safety is by obtaining workers’ comp insurance coverage. But wait, what’s workers’ comp insurance, and why would you need it? Well, let’s find out.  

Workers’ comp insurance refers to insurance coverage meant to promote your employees’ safety and well-being at their places of work. It’s intended to save you from facing a lawsuit or incurring financial losses if anything happens to your employees at their workspaces. 

AS Insurance Agency in Manchester, NH recommends you to obtain workers’ comp insurance if you want to enjoy benefits such as:

Liability costs coverage

While executing their duties, workers can encounter accidents and sustain injuries. Since such an occurrence involves your business, it would be your responsibility to meet their treatment costs. 

Depending on the injuries sustained, the treatment costs can be high, but you won’t carry the burden when you have workers’ comp insurance. 

Protects your employees

If your employees suffer from work-related illness or injuries and require treatment, your workers’ comp insurance covers their medical costs. Besides, this coverage pays for your employees’ partial loss of income and funeral expenses.  

Upholding business reputation

With a worker’s comp insurance policy, people will view your business as a safe and secure environment to work in. Consequently, it will be easier to convince competent employees to join your business.

Protecting business finances

Once your business complies with employees’ comp insurance coverage, it will avoid incurring employees’ medical costs and non-compliance fines when mischance occurs. 

Buy workers’ comp insurance today!

Employee’s comp insurance policy benefits your workers and your business as well. Reach out to AS Insurance Agency in Manchester, NH, and get your employees well-being upheld. 

4 Important Benefits Of Renters Insurance

AS Insurance Agency provides coverage to the Manchester, NH community, as well as the surrounding areas. We strive to help our clients find the right policies based on their individual needs. Life often brings unexpected changes. We want to make sure that you are covered regardless of the situation.

Benefits of Renters Insurance

Renters insurance helps you protect the assets inside your Manchester, NH property. You are covered if something happens to your valuables. You are also covered if someone gets injured while visiting your property. Here is a closer look at the benefits of renters insurance.

Covers Your Personal Belongings Away From The Property

If you are going on vacation, you can have peace of mind that your personal items are covered if something happens to them.

Alternative Living Expenses

Accidents can happen at any time. Perhaps a fire or another type of natural disaster causes significant damage to your property. While your rental property is being repaired, you can rely on alternative living coverage to protect you. Alternative living coverage assists you as you find another place to stay until your property is repaired.

Liability Coverage Extends To Your Loved Ones

Liability coverage protects you if you cause damage to someone else’s property. You’re covered if an accidental fire starts in the kitchen while you are cooking, and it spreads. Perhaps your rental property has drainage issues that leak into your neighbor’s unit. You are covered in these scenarios. Liability coverage also protects you if your children or pets cause damage to someone else’s property.

Luxury Items Are Covered

If you have luxury items at your rental property, you can amend your policy to cover if they are vandalized or possibly stolen.

AS Insurance Agency Will Help You Protect Your Assets

Visit our website to learn more information about renters insurance.

Do all people in New Hampshire need to get umbrella insurance?

Those that are in Manchester, NH need to ensure they are properly covered by insurance. A form of insurance that all people in this state need to think about obtaining is umbrella coverage, which gives you additional personal liability protection. There are multiple reasons the typical person in New Hampshire will need to get an umbrella insurance plan.

Coverage Includes Additional Protection

An umbrella insurance plan is designed to offer liability protection not covered by your other insurance plans. When you have an auto or home insurance plan, there will be a provision for liability coverage. However, the coverage you receive is limited by the policy limits. With an umbrella plan, you will get coverage that is on top of your base insurance plan.

Coverage Covers Other Risks

Even if you have a home and auto plan with ample liability coverage, there is always a risk that you may be included in a claim that is not included under the policy. With an umbrella coverage policy, the liability protection you receive will be much broader. This should provide coverage for a larger range of risks that may not be included under the most specific insurance plans that you have. 

There are a lot of reasons why umbrella insurance is a great form of insurance protection to obtain. If you are looking for a new insurance coverage plan and are in the Manchester, NH area, calling AS Insurance Agency could be a great option. The team with AS Insurance Agency knows the value that comes with this type of coverage. When you speak with them, you can learn a lot about the value of this insurance and receive the support you need to build a new personal liability coverage plan. 

Do I need to have motorcycle insurance?

As a new auto owner in Manchester, NH, you might always be conflicted about whether you need to have motorcycle insurance. You may not be willing to have this policy because it has some financial implications on your income. However, AS Insurance Agency indicates that, despite motorcycle insurance not being a state requirement, it is necessary because it will help you in the following ways. 

Covering General Vehicle Repairs

If your motorcycle breaks down, covering repair expenses can sometimes be very costly, which means you have to dig deep to get some replacement parts and auto shop services. However, with motorcycle insurance, all the repairs can easily be covered without paying a single dollar, which is a clear indication of why this coverage is something you should endeavor to have. 

Covering Bodily Injuries

Accidents are likely to happen at any given time regardless of your driving skills or driving experience. If your motorcycle is involved in an accident that leads to bodily injuries, you will easily struggle to cater for out-of-pocket medical expenses, income replacement expenses, and the associated legal fees. However, you will be watching everything at a distance as your insurance provider handles everything with insurance. 

Covering Possible Property Damages

Another important area that your motorcycle insurance will help is covering the possible property damages that you will experience when involved in an accident. You can easily damage other vehicles while on the road or be involved in destroying other structures. Auto insurance covers all the property damages and therefore helps you avoid out-of-pocket expenses, some of which might be too high to meet.

Do You Need Motor Vehicle Insurance?

Motorcycle insurance is not a legal requirement by the state government in Manchester, NH. However, as you can tell, it’s necessary to have it. You cannot move around without an insurance cover to cater to the factors discussed above. AS Insurance Agency is ready to help you get a new insurance policy for your motorcycle.

Dangers of Going Without Flood Insurance

Particularly if you live within a flood zone near Manchester, NH, going without flood insurance is a risk you don’t want to take. Even if you don’t live in a high-risk flood area, your home is not immune to floods, and foregoing this important insurance is ill-advised. 

What Happens if Your Home Floods

Floods are expensive and a major headache to clean up. If you have flood insurance, that will help cover the damages. 

If, however, you don’t have flood insurance, you’re on your own. After a flood, the cost to clean up can be tens of thousands of dollars, which you’ll have to pay out of pocket. Regular homeowner’s insurance does not cover floods. Without flood insurance, you’ll be tasked with paying for the following out of pocket: 

  • Draining water
  • Testing and treating for mold and mildew
  • Thoroughly cleaning the area.
  • Removing and replacing any damaged areas
  • Replacing damaged areas, which may include floors, ceilings, studs, drywall, carpet, furniture, pipes, and more

It’s easy to see how all of this can add up quickly, and if you think you can buy flood insurance at the last minute, think again. You won’t save money by only purchasing flood insurance when you know a flood is about to happen. In most cases, you’ll need to wait 30 days from the time you purchase flood insurance until the time it kicks in. 

Flood Insurance from AS Insurance Agency

Regardless of where your home is located—in Manchester, NH or anywhere else—your home can flood. It’s not worth it to risk going without flood insurance. Call AS Insurance Agency to learn more about flood insurance options and take action to protect your home and belongings in the event of a flood.

 

Why should I get condo insurance in Manchester?

Owning a property in Manchester, NH has been a great idea and investment for a long time. Those that would like to purchase a home here will have plenty of options. One option to consider is to purchase a condo, which offers a variety of advantages compared to other forms of homes. If you would like to buy a condo here, you also need to get insurance for it. There are a few reasons that you should get a condo insurance plan.

Insurance is Required

A common reason that people here need condo insurance is that it is normally required. If you buy a condo, you will have to meet the condo insurance standards set by mortgage lenders and condo associations. If you do not maintain this coverage, you could be penalized while also not properly protected.

Insurance is Needed to Protect Owners

You will also need to get condo insurance as it can protect the owners of the condo. When you get condo insurance, it will offer you protection for the dwelling and your personal assets. Additionally, a full policy will include a liability provision that could be helpful in many situations. Ultimately, this protection is valuable and will give peace of mind. 

For those who would like to get a condo or new insurance plan in the Manchester, NH area, calling the AS Insurance Agency team is a good option. Anyone that inquires about a condo insurance plan may find that there are a lot of options and decisions to make. Fortunately, this can be made much easier if you speak with AS Insurance Agency. The team here can answer any of your questions and ensure you stay properly covered. 

Questions to ask before choosing your health insurance?

It’s the same every year, and you need to decide on your healthcare coverage for the coming year. You may have had a bad experience in the past year with the coverage you chose. Trying to make the right decision this year is so stressful. Having an independent insurance agent who you know is on your side can make your decision-making process easier. At AS Insurance Agency in Manchester, NH, you can count on us to be there for you to help make this important decision.

What will the monthly premium be?

Cost is not the only thing to consider when choosing a health insurance policy, but affordability has to be considered. You could find the perfect policy, but if it is more expensive than you can afford, it won’t do you any good. 

Can I keep my doctor?

Doctors and patients often have a relationship. Having a doctor who knows you and who you trust is vital for your good health. Not every doctor is in every network, and some policies only cover visits to doctors in their network. 

What is the plan deductible?

Before your insurance begins to cover services, most have a deductible. This can be anywhere from $100 to many thousands. Until this deductible is met, you are responsible for paying for medical services. 

What are the co-pays?

Almost every service you get from a medical provider has a co-pay. The co-pay is the amount you must pay for a specific service. It goes into effect after you have met your deductible. 

What is the maximum yearly out-of-pocket yearly limit?

The government has mandated that the maximum can be $8200 per individual and $16,400 per family. Many policies have lower limits than the mandated amount. 

Contact AS Insurance Agency in Manchester, NH with your health insurance questions and any insurance needs.