Check out our latest newsletter here: Shults Insurance Agency Newsletter
3 Canal St
Fort Plain, NY 13339
Check out our latest newsletter here: Shults Insurance Agency Newsletter
Boating is a fantastic pastime, and owning a boat is a pleasure, but without the right protection, your boat may be in danger. Boat insurance can do a great deal to help keep your boat safe while it is out on the water and knowing what type of coverage is going to work best for you is essential. For those in upstate New York, the agents with Shults Insurance Agency can help you find your perfect policy.
Boat insurance is not something that is necessarily required, but you may need it if you are planning on boating in private bodies of water that you do not own, or in public areas where it is required. Boat insurance is something that is nominal when it comes to the premiums and is, therefore, always a good idea if you have a boat that you use with any frequency. Instead of taking out a policy that you may not use, try finding one that is tailored to your boating habits so that you can get the most out of it.
Boating is great, and having the proper insurance can help you protect yourself and your boat, as well as preventing you from having to pay the full medical bills of your passengers or any other boaters should you be involved in an accident. Boat insurance is relatively inexpensive, and can be beneficial to anyone that has a boat.
For those in upstate New York, the agents with Shults Insurance Agency can help you tailor a perfect policy. Contact our offices to get a quote.
College is expensive enough without finding out too late that an accident or theft isn’t covered under your current policies. So, as you get your children ready to head off to school in the fall, there’s one vital “to-do” to add to your list (other than writing that tuition check): a review of your insurance coverage.
It’s important to keep in mind that policy language varies from state to state, and there are never “one-size-fits-all” situations, but below is a general guide. If you have questions, or want to go over your insurance needs, don’t hesitate to contact us!
Going away to school is an exciting time for both students and their parents. Making sure you’ve got the right insurance coverage can help you protect your assets as you invest in your child’s future. We’re happy to discuss your coverage and options — just give us a call or stop by!
If you own a home with substantial equity, have a sizable investment portfolio, or possess other accumulated wealth, then your basic homeowner’s policy may not be enough. Consider extending your coverage with umbrella insurance from Shults Insurance Agency in Fort Plain, NY.
When your assets are worth more than your combined insurance coverage, umbrella coverage is your next step in protecting the things and people you’ve worked so hard to acquire and protect. Without umbrella coverage, you could be putting at risk your children’s college money, your retirement savings, and prized possessions like a sports car.
Umbrella insurance is one of the insurance options that pay claims in excess of the specified limits of other policies. Your basic homeowner policy will pay up to their limits, but if that limit is a million dollars and a claim is in excess of a million dollars, without some extended coverage, your options are to pay out of pocket or fight the claim in court.
Umbrella insurance isn’t the only option for extended coverage, but it is probably the smartest. Similar to umbrella insurance is what is called excess insurance. However, excess insurance operates differently than umbrella insurance. Excess insurance will extend the financial claims of a homeowner policy, but only according to the coverage of the primary homeowner’s policy.
Umbrella insurance not only covers financial liability beyond the coverage of your basic homeowner’s policy, but it will also cover things that your basic insurance does not cover. Umbrella insurance will often cover the exclusions of your basic policy and provide broader coverage than a homeowner’s policy. For those at risk of having to use their own money to pay claims, umbrella insurance is the option that provides the most peace of mind.
Consider contacting your agent at Shults Insurance Agency, serving Fort Plain, NY, for a friendly and knowledgeable analysis of how umbrella insurance can benefit you and your family.
Beat the Heat — and Your Air Conditioning Bill — This Summer
Did you know that, according to the U.S. Department of Energy (DOE), Americans spend about $11 billion each year on air conditioning? That might not be such a surprise if you’re the one who writes the check for your household energy bill every month.
Believe it or not, you can spend less on cooling costs while still keeping cool. Here are five things to do before you reach to adjust the thermostat:
We can’t promise these tips will keep you just as cool as when you kick back and turn on the AC full-blast. But saving money every month? That’s pretty cool, too.
One of the most traumatic incidents a homeowner can face is a flood. Once affected by this type of event, homeowners may be at a loss about where to begin to file their claim. Getting your information turned in for your claim immediately is part of the key to getting your settlement and getting back to normal quickly. Knowing what to do in advance can help make the process easier and prevent issues during processing.
Making A Claim
As soon as the flooding incident takes place, the homeowner should immediately contact their insurance provider. Once they have made the initial contact, it is crucial to document the damage as thoroughly as possible. Pictures, video, and any other proof will allow the claims process to go more smoothly. As soon as the documentation is submitted, there is a proof of loss process that must be followed to submit the claim entirely.
When people experience loss as a result of a flood, they need additional support and guidance to get the protection and funds they need to begin to repair or replace the home. Having an experienced, knowledgeable insurance agent to guide them and help them submit their information can be crucial to getting the claim settlement. If your home is in a flood zone, contact our office to make sure that you have the proper coverage to protect your property.
Anytime you make significant changes to your home or lifestyle, review your policy to see if the changes affect your coverage. You may need to update your policy to continue getting the protection you need. Your Shults Insurance Agency representative can help you evaluate your current insurance plan and make any necessary adjustments to maintain protection for your home and family. Here are a few examples of when and why to update your home insurance policy.
If you’ve made significant renovations to your home, such as remodeling a kitchen or adding a new patio, you need to update your insurance. Home renovations won’t be automatically covered by your current insurance plan. They need to be added to your policy in order to protect your investment.
Purchase of Pricey Items
If you purchased pricey electronics or other expensive goods over the last year, you might need to raise your insurance limits to protect these items against theft or loss. Standard home insurance policies have limits for protecting valuables. If the value of your goods exceeds the limits on your policy, you’ll need to make adjustments to your coverage, such as getting an insurance rider, to get the protection you need.
Lifestyle changes like marriage or retirement will also affect your home insurance. Marriage often results in combining two households which means more items will need to be covered under your policy. If your new spouse has a dog, you’ll need to update your liability coverage to include your pet in your policy. Your retirement may qualify you for discounted rates on your policy.
By staying in touch with your Shults Insurance Agency representative in Fort Plain, NY, you can keep your home insurance coverage current and up to date.
Check out our Spring Newsletter: https://mailchi.mp/20d04525025c/spring-2018-newsletter?e=cb100492be
If you love to travel and are interested in hitting the open road and taking in the scenic routes of Fort Plan, NY while still traveling in comfort, you may be considering buying a motor home or recreational vehicle (RV). Like many drivers, you may be wondering if your current automobile insurance policy covers your new RV. The short answer is maybe. Not having a separate RV policy may not protect you against everything that could happen to your recreational vehicle. State minimum liability limits may not cover your assets in every situation. Without adequate liability insurance, in the case of an accident where you are sued, you could go into debt or lose assets like your RV, auto, home, and savings.
Shults Insurance Agency’s recreational vehicle insurance is tailored specifically for RVs and provides more comprehensive coverage to encompass a variety of issues you may have with your vehicle, such as damage to the personal belongings inside, and the interior itself. It can protect you from liability issues with passengers and help with roadside towing. While you may not need both auto and RV insurance, you do need an auto insurance policy that includes coverage for your RV. Standard RV coverage includes:
Other optional RV/motorhome insurance policies offer coverage that includes custom equipment, physical damage settlement options, vacation liability, safety glass replacement, a fulltime package, and roadside assistance.
Whether you plan to use your recreational vehicle for occasional travel and extended vacations or for use as a permanent dwelling, Shults Insurance Agency in Fort Plan, NY has the insurance coverage you need. Call us today for information about all your motorhome, RV, and travel trailer insurance needs.
Commercial insurance is something that any business owner can benefit from in a wide range of ways. Commercial policies can protect both the business owner as well as the business itself and knowing what type of commercial policy you need is the best way to get the coverage that is necessary to keep you and your business covered. For those in the Fort Plain, NY area, the agents with Shults Insurance Agency can help.
What is commercial insurance and how can you benefit as a business owner from it?
For starters, a commercial policy is a policy that is taken out on a business that can protect the building, the employees, the employer, and the property within the business. This type of policy is beneficial because it helps to cover all the bases and helps to keep you from having to liquidate or take out loans if your business is sued or if your business is damaged to the point that items need to be replaced or repaired. Commercial policies cover the building itself from things like fire and storm damage, it includes the contents and merchandise from things like theft or damage in a fire, and it protects the employees from things like getting hurt at work.
This type of policy is going to be extremely beneficial to those that do have a business as it does help to recover from a disaster or damage of any kind. In cases where employees or patrons are hurt, this type of policy is also going to cover their medical bills so that you do not have to worry about paying them yourself or taking out loans against your business to do so.
For those in the Fort Plain, NY area, the agents with Shults Insurance Agency can help you find the perfect commercial policy. Reach out to our offices for more information.