Why Renters Insurance Is an Asset

If you speak to many renters in Orleans, IN, they don’t carry renters insurance because of the thought that they don’t own a lot or perceive that the landlord’s insurance covers them. Although it’s a fact that your rented property is insured, the landlord’s insurance covers damage to the property but not your belongings. In light of this, you need renters insurance from Busick Insurance Agency LLC for the below reasons.

To protect your assets

You may not think your assets aren’t valuable, but a room-to-room inventory count may suggest otherwise. And because you have put in thousands of dollars to accumulate your assets over time, it’s essential to protect these valuables with renters insurance. 

Renters insurance pays for the damage or loss of your belongings when a covered loss strikes. While renters insurance doesn’t prevent risks from occurring, it provides a softer landing when disaster strikes. And the beauty of renters insurance is that it protects your assets even when outside your rented property. For instance, if your laptop is stolen while at school, renters insurance should compensate you for the loss. 

To cover you against liabilities

Renters insurance protects you and your family against property damage and bodily injuries you cause to other people. For instance, if a guest is injured within your rented dwelling, renters insurance covers the medical costs and possible legal costs. Similarly, renters insurance should pay for property damages if your son throws a ball and breaks your neighbor’s expensive glass door. 

To cover additional living expenses

Suppose your rented property becomes unlivable due to a covered risk like fire. In the process, you might have to look for temporal shelter as your home or apartment undergoes repairs. Renters insurance can pay for your hotel meals and accommodation until your dwelling becomes livable again. 

If you ever thought you never needed renters insurance, now you are convinced you need this coverage. If you are in Orleans, IN, and its environs, please contact Busick Insurance Agency LLC for an affordable quote.

What do I need to think about when picking a motorcycle insurance policy?

Anyone that is in the Orleans, IN area knows very well that owning a motorcycle is a great way to get around the community. If you are looking to purchase a motorcycle when you are in this area, you need to get the right insurance as well. As you are picking a new plan, you will find that there are many factors that need consideration. There are a few items in particular that need to be thought about during this process. 

Is Full Coverage Needed

One factor to consider as you are looking for motorcycle coverage is if you need full coverage. A full motorcycle insurance plan will provide coverage to repair or replace the asset if it is stolen or damaged. While having this coverage is a necessity if you have a loan or expensive motorcycle, those with motorcycles that are more affordable to replace may not feel the need to maintain this coverage. 

What are the Requirements

Another important factor to consider is whether you have specific insurance requirements. Those that own a motorcycle may have a motorcycle loan, which could require you to maintain a certain level of coverage. Additionally, if you intend to drive it on a public road, you will need to have liability insurance to comply with state law. It is important to understand and follow any insurance requirements. 

There are several factors to think about as you are choosing a new motorcycle insurance plan. If you are looking for a policy and are in the Orleans, IN area, you should call Busick Insurance Agency LLC. The team with Busick Insurance Agency LLC can help you understand the different insurance options and what your needs are. They can then give the support that is needed to build and select a plan that is ideal for your situation. 

Enjoy peace of mind with an umbrella policy

An umbrella policy is a real financial safety net. As a responsible adult, you probably already have car insurance, homeowner’s insurance, perhaps even boat insurance. All these policies have payout limits for particular types of claims. So, what happens if, for instance, you are involved in a car accident and your liability amount for the accident exceeds the car insurance policy limit? In short, if you have umbrella insurance, it will cover the shortfall. You will be able to protect your assets and avoid a financial setback.

Coverage for uninsured and underinsured driver liability

Busick Insurance Agency LLC in Orleans, IN points out a further benefit of owning an umbrella insurance policy. Protection in the event you have an accident with an uninsured or underinsured driver.  If the other driver’s insurance cannot pay out enough to cover the cost of your medical bills and car repairs, you can claim the shortfall from your own umbrella policy. And, if the other driver happens to have an umbrella policy, you can claim all the damages from him regardless of the low liability limits on his insurance policy.

Protection for your immediate family members

An umbrella policy also provides an additional level of protection for your family. If anyone in your immediate family is involved in an unfortunate car accident, they are also covered under your umbrella policy. It means that you can use the policy to protect your loved ones in a situation where they are deemed liable for property damage or injury of someone else.

If you live in Orleans, IN, come to speak to a friendly agent at the Busick Insurance Agency LLC. They will carefully assess your needs and provide a policy that will give you the appropriate amount of coverage.

Is it time to upgrade your health insurance plan?

You have kept the same health insurance plan for more than five years. Some friends and even family members have told you to consider upgrading your policy. The work that goes into searching for another health insurance policy in Orleans, IN, however, is overwhelming. Busick Insurance Agency LLC can help you determine if it is time to upgrade your health insurance policy. 

When did you last look at your health insurance plan?

Many consumers stop at the fact that they are covered with some type of health insurance policy. Having indemnity coverage, however, is not enough. 

How would you pay a high deductible if you need emergency care? Also, does your health insurance include all of your eligible dependents? These questions and more are why it is important to review the terms of your health insurance plan often. 

Can you afford higher monthly premiums?

Some policyholders purchase the cheapest health insurance because it is all they can afford. You, however, may be able to pay more in monthly premiums now that your career is more established than five or ten years ago. You should contact an insurance specialist immediately if you want to pay more in monthly premiums to potentially reduce your deductible rates. 

Has your lifestyle changed?

Some buyers prefer less health care coverage because of lifestyle changes that require fewer visits with the doctor. Others may need more coverage due to marriage or the birth of a newborn. You should consider all of your lifestyle changes when determining if it is time to upgrade your health insurance plan. 

The agents at Busick Insurance Agency LLC can help you decide if changing the terms of your current health insurance policy is the best choice. Call today to get started with a quote!

What Is Life Insurance and Why Does It Matter?

Life Insurance refers to a binding contract between an insurance provider and an insured. The policy provider commits to pay the enlisted beneficiaries a sum of money upon the insured’s demise. The money in such cases is payable in exchange for a premium. 

Busick Insurance Agency LLC is among the established life insurance providers offering this coverage to individuals in Orleans, IN. 

For life insurance to be binding, death must have preceded. Most people assume that life insurance is for retirees. However, contrary to this assumption, the earlier you consider this plan, the more prepared you’ll be about the future of your beneficiaries. 

Importance of Life Insurance 

Life Insurance Has a Wide Array of Benefits in the Long-term.

Helps Leave Your Kids Financially Secure

No one knows the hour nor the time of death. When you have invested in a life insurance plan, you have the guarantee that your beneficiaries’ education and other necessities are in line, even in your absence. Every parent should make this critical consideration. 

Helps Accomplish Long-Term Goals

Everyone has goals in life. Some are long-term objectives, which may outlive you. The best part about life insurance is that it can help ensure the attainment of such long-term goals even when you are longer here. Such plans might include building a palatial family home. 

It Can Boost Your Confidence 

Nothing is more fulfilling than knowing your generation is secure financially. Life insurance can help you walk through life with the confidence that everything is under control. This is more so when you start saving early. 

Trust Us with Your After Life 

Do you live in Orleans, IN, or areas around Indiana, and wonder where or how to access more information about life insurance? Busick Insurance Agency LLC has all the answers. Feel free to contact our insurance specialist for the best coverage options today.

Commercial Insurance Types

Starting a business in Orleans, IN requires forward planning, market and industry research, a great location, and the proper equipment. Amidst your business plan writing and leasing office space, you also need to obtain the appropriate commercial insurance from Busick Insurance Agency LLC to protect your business and your investments.

Buying business insurance does not work like buying home or auto insurance. Those types offer one choice, but the selection of commercial insurance types ranges from the liability policy every business needs to specialty policies like E&O, malpractice, and glass insurance.

Meeting with your insurance agent provides the simplest way to know what coverage your business needs. They can review your business plan with you and go over the massive number of possible policies available. The potential policy types include:

  • Business owners’ bundle which combines the four most common policy types,
  • Boiler and machinery also called equipment breakdown,
  • Business interruption, 
  • Commercial auto,
  • Construction, also called builders’ risk,
  • Crime,
  • Debris removal,
  • Errors and omissions (E & O),
  • Glass,
  • Inland marine,
  • Professional liability also called malpractice,
  • Officers’ and directors’ liability policy,
  • Law or ordinance, 
  • Tenant’s policy.

Carrying the appropriate business coverages reduces your business risk. That only works if you purchase the right policies though. A doctor would not reduce their business risk by purchasing an inland marine policy, just as a dry-cleaning business would not reduce its business risk by purchasing a malpractice policy it did not need.

Stop by today or call Busick Insurance Agency LLC serving Orleans, IN. We can help you learn how to reduce your business risk with the right combination of policies. We can also assist you in determining the amount of coverage you need to appropriately address business risk.

Healing from an Automobile Accident: A Guide to Automobile Insurance and Safe Driving Laws in Indiana

Busick Insurance Agency LLC is a full-service insurance company that proudly serves the great city of Orleans, IN, and who can assist you with automobile insurance needs. Should you find yourself involved in an automobile accident in Indiana, you will likely strive to heal from the accident both physically as well as financially. These tips can help Indiana drivers understand the traffic laws in Indiana to aid in the recovery from an accident and to prevent being held liable in any future accidents.

Indiana is a fault state with regards to settling an automobile accident case. That means that the driver who is found to be over 50% at fault in the accident will be the party that is held liable for damages. However, being informed about the safe driving guidelines in Indiana and adhering to them can decrease the likelihood of being at fault in an accident.

It goes without saying that you shouldn’t drive while intoxicated. In Indiana, this is referred to as an Operating While Intoxicated (OWI) charge, and it applies when a driver has a blood-alcohol level of at least 0.08 or is driving under the influence of a controlled substance. This can result in a fine, a criminal charge, and being found at fault should an accident occur. If you have been drinking, you can avoid this by calling a cab or an Uber to take you home.

It’s also important to not text and drive. Indiana has a Distracted Driving law that prohibits typing text messages, transmitting messages, and reading emails while driving. Doing so can result in fines up to a maximum of $500 as well as being found at fault in an accident.

If you live in Indiana, and have further questions concerning automobile insurance, or are seeking coverage, contact Busick Insurance today.

Three things to know about evaluating home insurance quotes

Getting numerous quotes to compare is one of the most important things you can do when you’re selecting a home insurance policy. At Busick Insurance Agency LLC, we offer home insurance policies for homeowners in Orleans, IN.

The following are three things to know about evaluating home insurance quotes.

The cost

Of course, the premium cost is an important consideration for any home insurance quote. However, homeowners should not simply purchase the policy with the lowest quote amount.

The average home insurance premium in Indiana is $983 annually. The more valuable your home is, the more expensive its insurance costs will be. You should consider the premium cost you’re quoted in combination with other policy factors when making a decision. 

The types of coverage included

Read the fine print when you receive a quote on a home insurance policy. Understand the ins and outs of the coverage that’s being offered to you.

Understand how much coverage is offered and what the policy maximums are for coverage types like liability coverage and property damage coverage. Also, find out if outbuildings or home-based businesses are covered under policies you’re quoted for.

The add-on options

You also need to evaluate the add-on policy choices for individual policies you’re considering after receiving quotes. One of the primary types of add-on coverage you may want to look into is flood damage coverage.

Flood damage coverage is not automatically included in most home insurance policies. However, it’s an important type of add-on coverage to have. Other types of add-on coverage to consider are earthquakes, sewage backup, and underground service line coverage. 

We’re here to help you explore your insurance options in Orleans, IN. If you have a question about our policy offerings, get in touch with us for assistance at Busick Insurance Agency LLC. 

A Guide To Help Indiana Residents Understand The Basics Of Medicare Insurance

Busick Insurance Agency LLC assists the Orleans, IN community by offering residents insurance coverage. Our primary goal is to help our clients find the insurance coverage that they need to take care of their families and protect what matters most.

Medicare Insurance Basics

Medicare Insurance provides you with security as you age. The policy ensures that you will have assistance in the event that you need to go to the emergency or your primary care physician advises you to take a prescription. There are several different types of Medicare coverage available.

Medicare Part A covers you in the event that you are admitted to the hospital for a substantial period of time. The policy also covers you in the event that you have to undergo treatment at a nursing home or hospice. Medicare Part B covers your visits to your primary care physician, including your regularly scheduled checkups every year. In the event that you seek outpatient care or you have to go to the emergency, you will be covered.

You may also choose a Medicare Advantage Plan, where you can receive additional protection, such as dental and vision coverage. With a Medicare Advantage Plan, you’ll have to choose a primary care physician within a specified network. Medicare Supplemental Plans are available if you are looking for an extra layer of security besides your traditional coverage. Medigap coverage protects you if you seek coverage outside of the country. Regardless of the policy that you choose, pay attention to the deadlines for signing up. Medicare insurance can be an asset as you start making plans for the future. In the event that you have a medical emergency, you will be protected.

Busick Insurance Agency LLC Will Help You Find Coverage

For over 50 years, we have helped families in Orleans, IN finds the coverage that they need. For more information on Medicare insurance, visit our website today!

Top Tips for Parents of Teen Drivers

New driver in the household? That’s okay! You might be a little nervous, but they are going to do great out on the road. Here are a few top tips for parents of Orleans, IN teen drivers.

Your Teen’s Grades Matter

One of the most important things parents of teen drivers need to remember is that your child’s grades have a huge impact on their auto insurance premiums. Most carriers offer a pretty substantial discount for high marks, so keep this in mind and let our Busick Insurance Agency LLC team know when those report cards come in.

They Learn Driving Habits from You

Another important tip is to remember that your children learn driving habits from you. If you’re regularly out there texting, putting on makeup, or eating while driving, they’re likely to mimic these behaviours on their own. Instead, always remember to drive safely and appropriately while your new driver is in the car.

Use Technology to Your Advantage

While you definitely don’t want your teen using a smartphone while driving, there are definitely apps and other devices out there to help monitor when you aren’t around. For example, Verizon’s HUM app plugs into the vehicle and keeps track of location, fast braking, speed, and more. Of course, this is just one example of the various tools out there, as there are tons. 

Make Sure You Have the Right Insurance Coverage

There are parents out there who are hesitant to report to their insurance company that their teen is now a driver. While this might be tempting to save a few bucks, it isn’t recommended. Why? If your child is involved in an at-fault accident, the incident might not be covered depending on the circumstances. If your insurance company doesn’t know there’s a less than experienced driver in the household, it could nullify your policy altogether. Not a good situation, no matter how you look at it.

Looking for more tips for having a teenage driver in the family? Please contact our Busick Insurance Agency LLC team today to start the discussion.