Protect Your Small Business with Umbrella Insurance with 925 Partners

Posted on April 29, 2023April 29, 2023 by admin

As a small business owner, you know accidents and unforeseen circumstances can hit you anytime. You need to know your business is protected from liability, and umbrella insurance is the best way to guarantee that. Choosing a trustworthy plan is crucial for your business and employees’ well-being.

What is Umbrella Insurance, and Why Does My Small Business Need It?

Umbrella insurance covers a range of liabilities, such as injury and property damage. It can also help with legal fees associated with potential lawsuits. Most importantly, without this type of insurance, an accident or lawsuit could leave you bankrupt and destroy your business.

At 925 Partners in Jacksonville, FL, we assess your business’s unique needs and risks and use that information to determine the coverage you need.

Preparing for the Unexpected with Umbrella Insurance

Injuries happen, no matter how many precautions you take. An employee could slip and fall on a wet floor, and the next thing you know, they’re suing you for medical expenses. That’s why you want to be prepared for anything.

A building can sustain damage for a multitude of reasons. Jacksonville, FL residents are aware of the dangers of extreme weather, but that isn’t the only reason why something might go wrong. For example, a plumbing issue could flood part of your business and make it uninhabitable until the situation is resolved.

Call 925 Partners Today to Learn More

It would be best if you worked with an insurance agency you trust. With umbrella insurance at 925 Partners in Jacksonville, FL, you will receive the personal attention you deserve. With our help, you can return to running your business knowing you’re protected in an emergency. Call us at (855) 925-1200 today to learn more.

Peace of Mind: Why Life Insurance is Essential for Florida Residents

Posted on March 30, 2023March 30, 2023 by admin

As residents of Jacksonville, FL, it’s essential to consider what steps we can take to protect our loved ones in the event of the unexpected. One critical way to do this is by investing in life insurance. Life insurance provides peace of mind when you know it will lessen the financial burden on your family if something happens to you.

925 Partners in Jacksonville, FL offers life insurance policies designed to fit different budgets and needs.

Invest in Your Family’s Future

No one can predict the future, and accidents can happen to anyone. So it’s crucial to have a plan to protect your family and ensure they have the financial support they need. Life insurance can help cover funeral costs, outstanding debts, and mortgage payments. It can also provide a source of income for your loved ones if you pass away.

Your insurance agent can advise you about the pros and cons of term life and whole life insurance.

Term life insurance policies typically cover policyholders for a set period, typically between 10-30 years. It’s ideal for those who want to care for their loved ones during a specific time frame when their children are young or while they’re paying off a mortgage.

On the other hand, permanent life insurance provides coverage for the rest of your life. It also includes a savings component, which can grow tax-free over time and be used for various purposes, such as paying for college tuition or supplementing retirement income.

Protect Your Loved Ones

Life insurance is an essential investment for Florida residents. Don’t wait until it is too late – protect your loved ones today by investing in life insurance.

Contact 925 Partners for a quote today!

What is the benefit of getting flood insurance in Jacksonville?

Posted on February 28, 2023February 28, 2023 by admin

Owning real estate can be a great idea in the Jacksonville, FL area. When buying a home, you should spend time assessing your insurance options and needs. One type of coverage to consider getting is flood insurance, which is ideal if you risk flood damage. Many benefits come if you do obtain this coverage.

Protect Your Dwelling

An important reason for anyone to get a flood insurance policy is that it can cover their dwelling. Those in the Jacksonville area likely know how much damage a flood can cause. Unfortunately, standard home insurance plans do not always offer support for flood damage. Because of this, you will want to know that you are covered, and a full flood insurance policy will offer the financial help you need if a flood damages your home.

Meet Lender Requirements

Getting a flood insurance policy is also a good idea, as it can help you meet your lender requirements. If you have taken out a mortgage, the lender will require certain forms of insurance. If your home is in a flood zone, this will require you to carry a flood insurance policy at all times. In many cases, you will also need to establish escrows to ensure payments continue to be made.

People who purchase a home in the Jacksonville, FL area need to ensure that they have proper insurance. If you are evaluating your insurance needs, call our team at 925 Partners. We understand the value of flood insurance and can help you determine your needs and options. This can ensure you remain appropriately covered at all times.

Transportation Insurance: Bobtail Insurance Explained

Posted on January 31, 2023January 31, 2023 by admin

When truckers drive without a trailer, called bobtailing or deadheading, they must carry a special type of insurance that covers this. Without a load in a trailer to weigh down, the trailer becomes more dangerous to drive and increases the risk of an accident, hence the extra policy.

If you haul for a Jacksonville, FL company instead of independently, you might expect the trucking company to pay for the bobtail policy. Instead, the companies typically require drivers to purchase bobtail coverage through an insurer like 925 Partners. Independent truckers should carry this vital coverage even if the trucking company they contract with does not require it.

What is Bobtail Insurance?

The term bobtailing refers to a truck without a trailer attached driven by a truck driver under the authority of a third-party trucking company. Bobtail insurance adds liability coverage that protects the driver and company from financial loss in case of an accident. The insurance only kicks in when the driver has no trailer attached to the cab but operates the truck.

Why Buy Bobtail Insurance?

While a driver has a trailer attached with a load inside, they’re on the job, and the trucking company insurance covers property and liability. Once the truck driver drops off the load, they’re considered off work. The trucking company’s insurance stops covering them once they’re off the clock.

This creates a coverage gap that only bobtail insurance covers. Each truck driver purchases their own bobtail policy.

If you’re operating a truck with the help of someone else’s trucking authority, the insurance that your motor carrier or trucker’s liability only helps if you have a trailer in tow or if you are working on dispatch. For all other possible scenarios, it’s best to have coverage for yourself as an individual.

This differs from non-trucking insurance. Contact 925 Partners, serving Jacksonville, FL for more information on adding bobtail coverage to your trucking policy package.

Is Classic Car Insurance the Better Option?

Posted on December 30, 2022December 30, 2022 by admin

Classic cars are sentimental pieces of history, and for many classic car owners, it’s essential to have an insurance policy in Jacksonville, FL, that reflects their unique needs. But what does a classic car insurance policy cover? Is it worth the extra money?

What Does Classic Car Insurance Cover?

Classic car insurance has some distinct advantages over standard auto insurance policies. Generally, classic cars are only driven occasionally, so many classic car owners choose policies with limited mileage coverage and lower premiums. This type of policy also protects against depreciation and offers unique coverage options such as spare parts replacement, custom equipment coverage, agreed value coverage, roadside assistance, and trip interruption protection.

Your 925 Partners representative can help you find the right coverage. In addition, most classic car insurers offer more lenient repair requirements than standard auto insurers — allowing you to work with shops specializing in vintage vehicles or restorers who understand precisely what goes into maintaining a classic vehicle. That way, you can rest assured knowing that your beloved car will be well taken care of if anything should happen to it.

Is It Worth It?

For those who own a classic vehicle, the answer is yes! A classic car policy can be surprisingly affordable, depending on your location and vehicle type. The added peace of mind from knowing that your car is adequately insured can far outweigh any additional cost associated with this policy.

For those who own a classic car, purchasing a specialty policy may be the best way to protect your investment. With its comprehensive coverage options and specialized repair requirements tailored specifically for vintage vehicles, investing in a quality classic car insurance policy could save you time and money down the line—contact 925 Partners to learn more about your classic car insurance in Jacksonville, FL.

Umbrella Insurance Takes Over Where Other Policies Leave Off

Posted on November 30, 2022November 30, 2022 by admin

Did you know that you can buy extra insurance protection beyond the limits of your existing policies? It is called umbrella insurance, and it provides an extra layer of security where other policies stop. The insurance professionals at 925 Partners can provide this additional coverage. They serve Jacksonville, FL, and the surrounding area.

Umbrella insurance is also called excess liability insurance. For example, suppose a policyholder is sued for damages over their existing insurance policies, such as a car or home. In that case, the umbrella policy will help to pay for what is remaining.

This protection can be invaluable if you happen to be someone who has accumulated wealth. If you have private staff, such as nannies, cooks, housekeepers, or gardeners, to help you maintain your home, their employment can increase your risk of lawsuits.

You could be left with costly out-of-pocket costs that could be avoided with umbrella coverage if you or a family member are injured due to another’s negligence, such as a dog bite or car accident.

You have a lot to lose. Umbrella coverage is vital as it helps maintain adequate limits of personal excess liability coverage to protect your finances.

Do you wonder if you need umbrella insurance? Although this extra coverage would be helpful for anyone, if you have a net worth in excess of $500,000, this coverage would be for you. The more you have, the more you stand to lose. In a lawsuit, a regular car or home insurance policy, in all likelihood, will not provide enough liability coverage. This would mean you risk losing your home or draining your savings needlessly.

For that extra layer of protection, umbrella insurance can provide the peace of mind that is so important these days when lawsuits are commonplace. For a quote or answers to your questions, contact the professionals at 925 Partners Insurance today.

Three things you shouldn’t assume about life insurance coverage

Posted on October 28, 2022October 28, 2022 by admin

Purchasing life insurance could be one of the most important things you do to protect the financial security of your family. Being well-informed about life insurance will help you to make the right choices.

At 925 Partners, we are a life insurance provider for consumers in the Jacksonville, FL area. The following are three things you shouldn’t assume about life insurance coverage.

You can’t afford life insurance.

For many consumers, life insurance is not expensive. The average monthly life insurance premium is around $26 per month.

Get quotes on life insurance policies before assuming you can’t afford coverage. With a bit of budgeting and planning, you should be able to find a life insurance policy that won’t cause you any financial strain.

The life insurance coverage you get through your employer is adequate.

Many consumers get some life insurance coverage as part of their benefits package with their employer. However, it’s important to realize that many employer-sponsored policies offer minimal coverage.

You must carefully evaluate your employer-sponsored life insurance coverage before assuming it’s adequate. In many cases, consumers need to invest in added coverage for complete financial security for their families.

You don’t need life insurance because you’re too young.

Investing in life insurance is important regardless of how young and healthy you are. Even healthy, young individuals can experience untimely death that puts a financial strain on their families.

Purchase a life insurance policy, so you don’t have to worry about the unexpected.

Do you have questions about life insurance in Jacksonville, FL? At 925 Partners, we’d like to hear your questions. We’ll come to your assistance and offer you life insurance solutions that protect your family financially.

Common Flood Insurance Exclusions

Posted on September 29, 2022September 29, 2022 by admin

Since floods in Jacksonville, FL can happen anywhere and anytime, you should invest in flood insurance from 925 Partners. Flood insurance protects your building and its contents when flood damage occurs. But like most insurance policies, your flood insurance has limitations and exclusions. Today, we highlight typical flood insurance exclusions.

Internal flooding

Flood insurance won’t cover internal flooding. For instance, flood insurance won’t come to your rescue if you have flooding because of leaky pipes or a sewer backup. Your home insurance should compensate you for leaky pipes, but when the sewer lines are blocked, only a sewer backup "add-on" can help.

Earth movement

If sinkholes or earthquakes damage your home, flood insurance won’t cover the damage, even if floods caused the earth’s movement. You will have to file a claim with your earthquake insurance policy for such damage.

Movable property

Your typical flood insurance will not likely cover damage to self-propelled machines like cars and aircraft. Check your car or aircraft insurance to understand whether it covers flood damage.

Additional living expenses

If a fire or hail damages your home, your home insurance can pay for additional living expenses in a temporary shelter until it’s repaired. "Loss of use" isn’t usually covered in a typical flood insurance policy. However, if you need this add-on to your flood insurance policy, you can talk to your insurance agent because some private carriers offer it.

Pro-tip: Most flood insurance policies have a 30-day waiting period. So, you may not be covered if anything happens within this period. To be safe, avoid the last-minute rush when buying a flood insurance policy. Always beware of the waiting period.

Flood insurance in Jacksonville, FL

Would you like to learn more about flood insurance? Please call 925 Partners today! Our sales agents will answer all your queries about flood insurance. We will also help you purchase coverage that suits your current needs.

Will Insurance Cover an Accident if Someone Else is Driving My Car?

Posted on August 31, 2022August 31, 2022 by admin

Loaning your car to someone is not new because people do it daily. You can lend it to a friend, a family member, or even your driver. No matter who you lend it to, you are still liable for anything that happens while they are driving your car. If you live in Jacksonville, FL, 925 Partners has you covered if someone else is driving your car and they get into an accident.

If you’re the car’s owner, your insurance will cover any damage when someone else is behind the wheel. However, there are a few exceptions to this rule.

Your insurance policy will not cover the accident if:

The other driver is not listed on your policy
They take your car without your permission
They are driving your vehicle for business purposes
If the other driver is under the influence of drugs or alcohol
If the driver doesn’t have a valid driver’s license
If the other driver has their own insurance policy, their insurance company will cover them

With all these exceptions, it’s essential to carry out due diligence before loaning your car to anyone. You could be held liable if someone uses your car and gets into an accident, even if you weren’t the one driving.

If you have questions about whether or not your insurance will cover the other driver in your accident, it’s best to speak with an agent directly. At 925 Partners, we help you understand how your insurance coverage works so you know what to expect in case of an accident. If you’re in Jacksonville, FL, contact us for all your auto insurance needs and concerns.

Three signs that you’re not carrying enough commercial transportation insurance

Posted on July 27, 2022July 27, 2022 by admin

Carrying adequate commercial transportation insurance is essential to those who run a business that depends on commercial vehicles to provide transportation services. You must carefully consider coverage amounts and know how to look for signs that you need more commercial transportation coverage.

The following are three signs that you’re not carrying enough commercial transportation insurance.

You’re stressed out about your commercial transportation insurance coverage.

You can always raise maximum coverage for your commercial transportation insurance policy if you’re worried about having enough coverage. It may give you peace of mind to increase your insurance coverage so that you know that you’re not putting your company at risk financially due to inadequate maximum coverage limits.

You don’t have enough collision and comprehensive coverage to cover the full value of your fleet.

One of the most significant amounts to consider when calculating your commercial transportation insurance coverage needs is the value of your fleet.

Consider whether you have enough coverage to cover the total value of your fleet. If your coverage maximizes the value of your fleet, you should have enough collision and comprehensive coverage on your policy.

You’re not carrying enough commercial transportation insurance to cover the full value of your cargo.

If your commercial transportation company is in the business of transporting cargo, make sure your policy can cover the value of your cargo. The clients you transport cargo for will hold you liable if their cargo is destroyed en route while you have that cargo. You must protect yourself with adequate insurance coverage to cover cargo value.

We provide commercial transportation insurance coverage in Jacksonville, FL at 925 Partners. Contact us via email or phone if you have questions about your coverage needs.