Protect Your Family with Home Insurance in Georgia

Typically speaking, when you take out a home loan to buy your new house, you will be required to purchase homeowner’s insurance as a condition of the loan. Still, you would want to ensure your largest investment is protected with a comprehensive homeowner’s insurance policy in Braselton, GA. Assessing your potential risks is the first step in understanding how to ensure that you purchase the right policy for your needs. The second step in that journey is speaking with a knowledgeable agent at Harmony Insurance.

Homeowners’ Insurance Protects Your Largest Investment

Homeowners’ insurance offers a measure of security, knowing that you are protected from an array of natural disasters and legal liability in the event you are sued owing to an injury of some type on your property. In summary, your homeowners’ insurance should pay to replace or repair your dwelling. Additionally, this coverage includes protection for major housing systems like roofing, electrical, plumbing, and HVAC damage.

Should your property contain outbuildings and structures, such as free-standing garages, fences, garden sheds, and the like are generally covered. Likewise, personal property, including clothing, furniture, and personal items, can be replaced in the event of damage or destruction.

Finally, a homeowners’ insurance policy will ideally cover loss of use provisions, which will pay out to meet living expenses should you be unable to live at your residence owing to damage or destruction.  There are many ways your house might be damaged, but speaking with a trained, experienced, and knowledgeable agent, you can learn about all your insurance options.

Contact Our Team in Braselton, GA Today

If you are in the market for homeowners’ insurance for your Braselton, GA home, we want to discuss your options here at Harmony Insurance. Our team of friendly and knowledgeable agents is standing by to answer any questions you might have regarding the coverage you may need for your home.    

Who should buy long term care insurance?

As the population in the United States continues to age and as the baby boomers retire, more and more people are starting to think about how they will manage the cost of long-term care in the event it becomes necessary. It is estimated that about 33% of people over 65 will need long-term care at some point in their life, and if you are a woman, that figure is much higher. At Harmony Insurance in Braselton, GA, we are here to help you address your concerns and make sure that you have choices when it comes to choosing long-term care insurance.

The reality is you can’t predict 20 years in advance if you will need long-term care when you are 80. Like many types of insurance, long-term care insurance is less expensive when you are young and healthy. However, the chances of you needing it before age 60 are pretty slim. Long-term care costs have skyrocketed, and yearly costs for a nursing home are hovering around $100,000 a year. There are not many people who have the finances to survive many years of long-term care. 

The reason many people don’t invest in long-term care insurance is the cost of the coverage. Opting to wait until you need long-term care is a mistake, and waiting until you are ill may disqualify you from being able to purchase the insurance. It is a Catch 22, and it explains why just 8% of those over 65 have opted to have this type of insurance. This is an important decision and one you should not make alone. Bring the family with you to talk to your trusted independent insurance agent to see the options available. 

If you have questions about long-term care insurance Harmony Insurance in Braselton, GA is here to help you get exactly what you need.

Avoid These Common Life Insurance Mistakes

As a responsible family leader living in Braselton, GA, you need to raise your bar high by getting life insurance from Harmony Insurance. With this policy, you are guaranteed financial freedom at retirement. Also, your family will not experience financial challenges after your death. However, before you can get your life insurance, here are some common mistakes you need to avoid. 

Waiting Too Long to Purchase

There is no doubt you want to save some money by procrastinating on purchasing life insurance. However, this is a major mistake that you are making because it will affect the amount of money your family will be getting after your death. When you are still young, applying for life insurance makes sure that you pay fewer insurance premiums and accumulate a huge amount of money to benefit your family when you’re no longer there.

Underestimating Your Coverage

Most people do not understand the amount of coverage they need, making them underestimate life insurance value. Make professional calculations and invite a financial expert to guide you in this process. With a good life insurance policy, it will be straightforward for your family to live a comfortable life after all the necessary funeral expenses and debts have been subtracted. 

Improperly Designating Beneficiaries

The whole essence of having life insurance policies is to safeguard your beneficiaries’ financial well-being when you are no longer there to provide for their needs. Therefore, you need to pay close attention when you are designating beneficiaries to your family members. Many people think that this is a simple decision to leave their families in unending legal battles that last for years. 

Do You Need Life Insurance?

Harmony Insurance is a leading life insurance company in Braselton, GA. As an experienced life insurance policy provider, we understand that people can make costly mistakes. To avoid such mistakes, contact our experts today for professional guidance.

How Umbrella Insurance Works

Umbrella insurance is coverage that gives extra protection beyond what other normal coverages provide. It can provide coverage for personal liability cases, libel, slander, and property damage, among many other situations. 

How Does Umbrella Insurance Work?

Umbrella insurance provides protection when other coverages are exhausted. It also covers liabilities excluded from other liability coverages, i.e., slander, false imprisonment, and rent default. You’re also likely to get coverage against an invasion of privacy and wrongful entry.

As you can tell from these examples, umbrella insurance is not just for the policyholder but other parties such as family members. For instance, if your teenager is driving your car, you can sleep tight knowing that umbrella insurance has you covered no matter what happens. However, you need to understand who this policy considers a family member. 

One more thing about this insurance policy is that it doesn’t have to be your property or vehicle for it to provide cover. 

If you’re in Braselton, GA, Harmony Insurance is ready to help you understand umbrella insurance.

What Does Umbrella Insurance Cover?

As stated, umbrella insurance provides coverage beyond the limits of other insurance policies. Generally, it will cover injuries, some lawsuits, personal liability, and property damage.

You might think— but I have auto insurance that covers all the above. While you might think so, you’ll find out that your auto insurance has some limits. This is where umbrella insurance comes in. It provides coverage beyond what is covered by your normal auto insurance.

Get Extra Protection with Umbrella Insurance

Even the most careful people find themselves at fault for certain liabilities. While it might be simple to assume you can never be in such a situation, the smart move you can make is to protect yourself from the unknown. And umbrella insurance is ready to do that for you.

Would you like to get umbrella insurance in Braselton, GA? Get in touch with Harmony Insurance for assistance. 

4 common myths about auto insurance you should know

Despite being a mandatory policy in most states, auto insurance can be complex to understand. With all the information available out there, policyholders may have difficulty distinguishing between facts and myths. To help clear things out, Harmony Insurance has listed some of the most common myths.

Your insurance will cover you and your car.

This can only be true if you get a collision or comprehensive coverage alongside the state minimum requirements in Braselton, GA. Auto insurance generally reimburses other drivers and road users if you cause an accident but not damages made to your car. If you get injured, you may want to buy personal injury protection, which is no-fault insurance.

The color of your vehicle affects your premiums.

It doesn’t matter whether your car is a shouting red, a yelling yellow, or a calm white—color doesn’t really matter when it comes to auto insurance. What affects your insurance price are other factors like the model, engine, body size, and vehicle age. Your age, driving record, and where you live also matter.

Expensive cars cost more to insure

A more expensive car doesn’t always cost more to insure, and that’s why it is essential to know your insurance cost for different models when shopping for a new vehicle. Cars with excellent safety features are considered less risky to insure, which makes the premiums lower.

If someone else drives your car and gets into an accident, their insurance will cover them.

The general rule of auto insurance is that the insurance follows the car, not the driver. If you let someone else drive your car, you are giving them your auto insurance as well. Therefore, don’t worry about insurance implications when another person gets into an accident with your vehicle.

Need more information about auto insurance myths in Braselton, GA? Visit Harmony Insurance, and our team of professionals will be happy to help you.

Overview of Commercial Insurance Types

When you open a business in Braselton, GA, your financial advisor will tell you that you need commercial insurance. They probably won’t tell you how many commercial insurance types exist, such as commercial auto, glass insurance, business owner’s policies, boiler insurance, etc. You do not need every type, but you need to know the difference between the policy types.

Your financial advisor has it right. You do need commercial insurance to help ensure business continuity, and Harmony Insurance can help. The insurance protects your company against loss. The most common types of policy for each type of business differ. A dry cleaner would need inland marine insurance to protect their client’s property during transit and at the place of business. A solopreneur operating a home business needs a liability policy, especially if they hold meetings at their home. They do not need a business owner’s policy (BOP) since it covers the business’ property. Consider the following types of insurance for your business.

  • Builder’s Risk Insurance/Construction Insurance: provides coverage while a commercial structure is built or remodeled.
  • Business Interruption Insurance: every business needs this type of policy that pays for lost income when a named peril interrupts business and reimburses you for repair or replacement of real property incurring damage from the peril.
  • Business Owner’s Policy (BOP): If you own a business with a structure or storefront, you should purchase a BOP that provides your liability and property policies in one policy at a lower premium than purchasing them separately.
  • Commercial Auto: your commercial vehicle gets a full coverage policy covering every licensed driver driving your fleet vehicles.
  • Crime Insurance: storefront businesses need this policy type that reimburses your business’ losses from property crimes.
  • Debris Removal Insurance: every business with its own property needs this policy that reimburses you for debris removal after a named peril such as a fire or tornado.
  • Directors and Officers Liability Insurance: corporations need this policy type that pays for the legal costs and settlements of lawsuits involving the board of directors and C-level officers.
  • Boiler and Machinery Insurance/Equipment Breakdown Insurance: reimburses you for the repair of business equipment such as machinery, boilers, and other types of equipment, as well as the losses incurred during the business interruption.
  • Errors and Omissions Insurance (E & O): lawyers, doctors, nurses, manufacturing firms, and publications need this policy type to protect themselves from malpractice lawsuits.
  • Glass insurance: storefront owners and dance studios purchase this policy that reimburses them for replacing broken windows and plate glass caused by perils or vandalism.
  • Liability Insurance: pays for injuries a third party incurs due to your negligence.
  • Professional Liability: another type of malpractice insurance pays the court settlement when a business injures a third party due to a professional who did not provide the proper standard of care.
  • Ordinance or Law insurance: reimburses the cost of demolishing and rebuilding a structure to building code standards when it incurs damage due to a named peril 
  • Property insurance: This covers real or personal property damage from a named peril.
  • Tenant’s insurance: This reimburses you for repairs to a building when the lease owner’s employees damage the property owner’s building improvements.
  • Workers’ compensation insurance, also called workers’ comp, reimburses an employee’s lost wages and medical care costs incurred by workplace illness or injury.

Contact Harmony Insurance of Braselton, GA to learn more about commercial insurance and which policies would be right for you.

Does everyone need to get home insurance?

When you are in the Braselton, GA area, it is natural to spend a lot of time looking for a new place to live. Those that do move to this area of the state should think about buying their own home. When you are a property owner, there is a range of benefits that go along with it. As you are looking for your next home, you also need to consider your insurance needs. There are several reasons that someone here would need to get home insurance. 

Coverage is a Loan Requirement

One of the reasons you will need to get home insurance is that it can be a loan requirement. Those who choose to take out a mortgage when they buy their home will have a variety of loan obligations that need to be met. One requirement they will have will be to carry a full insurance policy. In a lot of cases, you may also need to escrow for your payments each month.

Insurance Needed to Protect Investment

You will also need to get home insurance as it is the best way to protect your investment. If you choose to purchase a new home in this area, you will be making a large investment. You will want to ensure that your investment is properly covered and protected at all times. With a home insurance policy, you can continue to have proper coverage and protection.

As you are looking for home insurance in the Braselton, GA area, you should call the team at Harmony Insurance. The insurance team at Harmony Insurance can give you excellent guidance and support. Our team can assess the client’s individual situations to make sure that they are picking the right policy for their life. 

Why You Need Long Term Care Insurance

There are many different insurance options for you to consider, and one that you might not have thought a lot about is long term care insurance. A policy like this can help protect you if you become disabled and need care or end up in a nursing home or assisted living facility. It’s an excellent way to protect yourself and ensure that you’re protecting your family, as well. If you’re in the Braselton, GA area, and looking for a policy like this, Harmony Insurance can help you find what you need to have coverage and peace of mind.

We know it can be difficult and uncomfortable to talk about issues that can arise as you age, but it’s a part of life for everyone. It can allow you to have an open conversation about the best ways to protect yourself and your loved ones properly. Having insurance for long term care is among those ways because this care may not otherwise be available for you. Due to how these facilities are set up and the options people have for care on a long term basis, having good insurance is often needed to protect them and their assets.

If you’re in or around the Braselton, GA area and you’re looking into the idea of long term care insurance, Harmony Insurance can help. If you already have an insurance plan, we’ll also be happy to review it with you and see if there are changes or additions you’ll want to make. It’s always a good idea to periodically review your insurance to ensure you’re getting the quality and value you deserve and the protection you want. We’re here to help with all of that and to make sure you get your questions answered, as well.

Do I need life insurance after I retire

Life insurance protects your loved ones if you are no longer with them. It lets them know how much you love them. When you get to the point in your life when retirement is on the horizon, you may be taking a close look at your finances and how things are going to change. Life insurance may seem like an expense that is no longer as important as when you were young. If you live in the area near Braselton, GA, Harmony Insurance has a team of experienced agents who can help provide you with the information you need to make an informed decision. 

Chances are when you leave your employment, you will lose the life insurance your employer-provided. You may be allowed to continue to keep the provided coverage at your own cost. How much life insurance you need to have after you retire is a question only you can answer. In order to know if you need life insurance after you retire, you need to take a good look at your financial situation and which still counts on you to provide support. 

It would be best if you asked yourself these questions:

  • Do I still have debt? 
  • Does someone depend on my income to survive? 
  • Have I taken care of my final expenses?
  • Do I want to leave a legacy?
  • Do I have enough savings to protect my loved ones? 

Now take a look at what you have for life insurance. If your children are all grown and gone, you may not need the amount of life insurance you needed when they were young and at home. Finances are essential, and you need to feel financially secure. Life insurance can be a benefit throughout your entire life. To discuss this issue in-depth, give us a call at Harmony Insurance in Braselton, GA to make an appointment. 

Three reasons you shouldn’t wait to purchase umbrella insurance

If you don’t have umbrella insurance coverage, you could be leaving yourself susceptible to significant financial losses. We can protect your finances with an umbrella insurance policy at Harmony Insurance. 

Don’t procrastinate about purchasing umbrella coverage. It’s a good idea to find the right policy today so that you can enjoy numerous advantages. 

The following are three reasons why you should wait to purchase an umbrella insurance policy in Braselton, GA. 

A lawsuit could completely wipe out your net worth without coverage. 

Any consumer needs umbrella insurance coverage if they have a significant amount of wealth to protect. Being wealthy can make you a target for lawsuits, so it’s vital to protect your net worth with umbrella insurance. 

The premium costs for umbrella coverage are usually relatively low.

One of the reasons why it’s such a good idea to purchase umbrella insurance now is because it’s not very expensive. For the amount of protection you can get with umbrella coverage, premium amounts are generally quite low. 

You don’t want to be stressed out with concerns about your finances.

Probably the most significant advantage of umbrella coverage that everyone can enjoy is peace of mind. It’s very unpleasant having to worry about your finances. Every event that comes up that could put you at risk of a lawsuit will cause you far more stress if you don’t have umbrella coverage than if you do.

You can invest in umbrella coverage to rest assured that your wealth is protected regardless of what happens down the road. 

Let us help you to find the right umbrella insurance in Braselton, GA. Contact us at Harmony Insurance to get started today.