Although they can be lots of fun, owning a motorcycle is serious business. One of the most imperative parts of owning a motorcycle is making sure you have enough insurance coverage. That said, for residents of Plymouth, MN, the following is a closer look at 3 benefits of purchasing motorcycle coverage.

Protection from Non-Accident Related Damages

In addition to accidents, your motorcycle could become damaged as a result of a fire, vandalism, and more. By purchasing a high-quality policy, you can make sure your motorcycle is covered.

Liability Protection

On another note, if you happen to damage someone else’s vehicle or property, liability protection can be a godsend. Rather than being held liable for thousands or even millions of dollars worth of damages, your motorcycle insurance policy could be more than enough to cover the damages. 

Flexible and Affordable

Lastly, motorcycle policies are known for being very flexible and affordable. More so than many other types of insurance, motorcycle insurance policies are associated with lower deductibles and limits than other types of insurance coverage. Not only are there lots of discounts available but these policies are also highly customizable, allowing each consumer to pick and choose the coverage they want and/or need.

Overall, for residents of Plymouth, MN, Anchor Insurance Agency LLP  is a great place to secure motorcycle insurance coverage. Not only can they provide you with top-notch motorcycle insurance coverage, but they can also help with an array of other insurance coverage needs. Simply stop by the office, drop them an email, or give them a call. There is no need to be caught without suitable coverage when you can start your policy ASAP with one of their well-trained professionals.

As a boat owner, you are likely very safety-conscious, and do all you can to avoid an accident or collision while your boat’s in one of Plymouth, MN’s waterways. But you could also have a collision on dry land while towing your boat. Depending on the nature of property damage involved, and whether injuries occur, you may find that your boat policy covers the event, or that your auto, homeowners or umbrella insurance policies come into play. 

What Does Boat Insurance Cover? 

Your boat insurance policy typically covers physical damage to your boat, whether it’s in the water or on a Plymouth, MN road, up to your policy’s limits. It generally will not cover damages or injuries you are deemed liable for that happen to another person or vehicle while you are towing your boat. That liability coverage may come from your automobile insurance policy. Your boat policy may cover physical damage to the trailer used for hauling if you’ve purchased separate coverage specifically for a trailer or other boat accessories. If your trailer is not listed on your boat insurance policy, you may have limited coverage or no coverage at all. Ask your Anchor Insurance Agency LLP agent about available options. 

Auto Coverage 

If the vehicle you used to tow your boat and trailer is damaged in an accident, your auto insurance policy’s collision coverage may help pay for repairs. If you are found liable for damage to another driver’s car, or injury to the other driver requiring medical treatment, the liability coverage in your auto insurance may cover that as well. If a passenger is injured in your vehicle while towing your boat, that would likely be covered by the medical payments coverage portion of your automobile insurance policy.  

For information about what your insurance policy’s specific boat-related coverage limits are, and to make sure you’re covered both on the water and on dry land, give Anchor Insurance Agency LLP a call today.

Evaluating your insurance needs on a regular basis is very important. For people that are in the Plymouth, MN area, one type of insurance that could be very helpful could be umbrella insurance. While it is not always considered a necessity for most people, there are many situations in which people will find that having umbrella insurance is quite helpful and useful. 

Liable Beyond Base Insurance Policies

Most people are aware that they need to have liability insurance through their home and auto policies. In the majority of situations, this ends up being enough coverage to provide them with ample support if they are sued. However, there are situations in which a bigger accident could occur and the total liability will exceed the amount of coverage that they have through their home and auto policies. With an umbrella insurance policy, you will receive the additional liability insurance coverage that you need. 

When You are Sued for an Uncovered Issues

While you may have base liability insurance through your home and auto policies, it does not provide you with coverage for all types of liability. One type of liability that may not be covered could be slander or libel. If you happen to be sued for one of these issues, the umbrella insurance policy will provide you with the coverage that you need. 

If you are looking for umbrella insurance in the Plymouth, MN area, you should speak to the team at Anchor Insurance Agency LLP. Since umbrella insurance is a complex type of insurance and your actual needs can be hard to define, utilizing the expertise of a professional will be helpful. The team at Anchor Insurance Agency LLP will be able to help you find an umbrella insurance policy that will give you the additional coverage that you need. 

There are many good reasons to get life insurance. Many people get a policy so that there will enough to help pay for funeral expenses and debts when a loved one dies. A whole term policy is also a good investment and can provide a source of ready cash while the policyholder is still alive.

You may be worried that you will need to take a physical exam to get a life insurance policy. Many insurance companies may require the exam as a way of protecting their investment, so to speak. It would hardly be worthwhile for them to offer a large sum of money to a new policyholder in poor health. 

Reasons You May Want a No-Physical Policy

If you are in Plymouth, MN, there are ways to purchase a life insurance policy through Anchor Insurance Agency LLP that won’t require a physical exam. Even if you don’t have a serious health issue yet, there may be reasons you don’t want to take a physical to get life insurance.

You may be someone who doesn’t have a regular doctor, so you haven’t been in a while and it would be a lot of trouble to get a thorough exam. You may simply be someone who hates getting physicals. One of the biggest reasons people get a policy which doesn’t require a physical is because they need to purchase the policy quickly.

Disadvantages of No-Physical Life Insurance Policies

Unless you purchased a policy when you were young, the lower prices won’t be automatically locked in. Policies not backed by a physical can be expensive, and they may also be limited in their coverage.

If you are in Plymouth, MN and want to find the most economical policy that still offers what you need, call Anchor Insurance Agency LLP so we can discuss your options.

Just like every other type of business, retail businesses also require insurance coverage. The store will require a wide variety of coverage and it is vital that the owner evaluates the insurance needs before they open the business. By doing this, they will ensure that the insurance takes effect from the first day. For residents of Plymouth, MN, you can visit Anchor Insurance Agency LLP to get a commercial insurance for your retail business. By acquiring a commercial insurance, the following types of coverage should be covered.

Mechanical breakdown insurance

This type will ensure coverage if there is any mechanical malfunction. The machines could range from the heating system, water filtration systems and refrigerators. A mechanical breakdown insurance will save you the cost of repairing the system individually.

Property insurance

As a business owner, the safety of your property is always the number one concern. Property insurance gives coverage for the building in which the business is based. It will protect the inventory, furniture and all the property within the business.

Disaster coverage

Disaster insurance will protect the business against losses realized in case of a disaster such as fire or building collapse. The coverage will help pick up the business by replacing the property damage completely. After the disaster, the business owner can also choose to relocate the business to a safer location.

Workers compensation

Majority of businesses will employ workers so that it runs effectively. Depending on where the business is located, some workers may be having problems accessing transport. Such issues are addressed by getting a workers compensation insurance to help the workers efficiently. If you live at Plymouth, MN, visit Anchor Insurance Agency LLP where you will be helped get a commercial insurance.

 

An online review can tell you a lot about a company, business or product. When you are looking to purchase home insurance, here at Anchor Insurance Agency LLP, serving the greater Plymouth, MN area, we encourage you to carefully read online reviews. Here is a bit of information you can glean by taking the time to read the reviews. 

How Easy the Company Is to Work With

As you read the online reviews, you may learn how easy or difficult a company is to work with. The reviews may indicate that getting a policy or filing a claim was easy or that it was hard. Carefully comb through the reviews to get a feel for what your experience may be like with a company. 

If There are Ongoing Issues With the Companies

Another bit of information that you can ascertain by reading online reviews is whether there are ongoing or recurrent problems with an insurance company. If customers are complaining about the same problems for months or years, the company is not taking any action to change them. That should be a red flag for you to find a different company. 

What Their Customers Really Think of Them

Lastly, you’ll get a feel for what their customers really think and feel about the company. Some people may state that they will never work with the insurance company again, while others may state that they highly recommend the company to all of their friends. Look for a company whose customers praise them and have positive feedback. 

If you are looking to purchase a new home insurance policy in the greater Plymouth, MN area, Anchor Insurance Agency LLP can help you. Visit us today either in our office or online to get a quote.