Why You Need Liability Protection From Umbrella Insurance

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When you own a home and a car, it’s important to have sufficient protection for them. While you may have a home and auto insurance policies, they might not provide enough coverage. You may think there’s plenty of liability insurance, but the reality is that you might fall short. That’s where umbrella insurance comes in. It can be the difference between being able to pay for an accident and not being able to. When you need umbrella insurance, we can help. Give us a call now at Bartal Insurance in Scranton, PA.

Liability Coverage in Umbrella Policies

When you need to protect your vehicle and home, you have a home and an auto policy. Each of these comes with multiple types of coverage, including liability protection. This protects you financially in case of an accident that happens either in your home or with your vehicle. Often, there isn’t much of this liability coverage in either policy. This can make it difficult for the policy to pay for a serious and expensive accident. With umbrella insurance, however, you get much more liability coverage for both of these policies at the same time.

Using Umbrella Insurance

With much more liability coverage, your umbrella policy can come in when your home or auto policy isn’t able to pay all of the expenses for an accident. These policies can only pay up to their maximum, which may not be enough for an expensive accident. When this happens, your umbrella policy can step in and pay the rest of what’s owed for expenses like car repairs and bodily injuries.

Get Umbrella Insurance

It’s a good idea to have this coverage just in case you need it. If you don’t have an umbrella policy and need more liability coverage, call Bartal Insurance in Scranton, PA.

Preparing for a Flood: Essential Steps for Homeowners

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When it comes to protecting your home from the unexpected, Bartal Insurance in Scranton, PA, is here to help you navigate the essentials. Flooding can be a daunting prospect, but with the proper preparation, you can safeguard your property and peace of mind.

Assessing Your Flood Risk

First, assess your home’s flood risk. Check flood maps and consider the history of flooding in your area. Knowing your risk level can guide you in taking appropriate measures. It’s crucial to understand that even low-risk areas can experience flooding.

Securing the Right Flood Coverage

It’s a common misconception that standard homeowners’ insurance covers flood damage. Unfortunately, it doesn’t. This is why having a dedicated flood insurance policy is crucial. At Bartal Insurance in Scranton, PA, we can guide you in selecting coverage that fits your specific needs, ensuring you’re protected when it matters most.

Preparing Your Home for Potential Flooding

Simple preventive steps can make a big difference. Elevate electrical appliances and consider installing sump pumps or backwater valves. Keep gutters clear to ensure proper drainage. These measures can minimize potential damage and reduce repair costs.

Creating an Emergency Flood Plan

Develop a flood emergency plan for your household. Identify evacuation routes and establish a communication plan. Make sure all family members know where to find emergency supplies such as flashlights, batteries, and first aid kits.

Staying Informed During Flood Season

During flood season, monitor weather forecasts and be prepared to act quickly. Local alerts can provide critical information and timely warnings. Staying informed allows you to respond effectively to any changes.

Contact Us Today for a Flood Insurance Quote in Scranton

For more personalized advice on flood preparation and insurance options, contact Bartal Insurance in Scranton, PA, today. We’re here to support you every step of the way.

Legal Requirements for Bond Insurance in PA

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When reaching out to Bartal Insurance in Scranton, PA, for your business insurance needs, bond insurance may not immediately spring to your mind. However, in the state of Pennsylvania, certain industries are legally required to have bond insurance.

Industries That Require Bond Insurance

A diverse array of individuals, companies, and municipalities that need to meet legal requirements buy bond insurance in Pennsylvania. The mining industry tops the list as one of the best-known industries in the state that needs bond insurance. That said, it’s not the only one. Title insurance agents and insurance holding companies need bond insurance too. Whether you work as an independent construction contractor or run a construction company with employees, you will need bond insurance in Pennsylvania. Each industry requires a different amount of bond insurance. For instance, a title insurance agent must buy a minimum of $100,000 bond insurance.

How do you know if you need bond insurance?

To ascertain whether you require bond insurance, consult the Pennsylvania Insurance Department website. As the government entity supervising insurance in the state, it provides the state legal codes pertinent to bond insurance and other types of business insurance. State-level offices of industry registration where professionals must register also provide this information. For instance, when a plumber’s apprentice is ready for their state certification, the office of registration gives them a list of requirements to complete their license application.

Contact our Insurance Agency in Scranton, PA Today

Make sure your business in Scranton, PA, has the proper insurance to operate legally. Reach out to Bartal Insurance today to obtain your state-required bond insurance.

How Does a Car Become Eligible for Classic Car insurance

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The Value of Classic Car Insurance: How to Determine Eligibility

For car enthusiasts, vintage automobiles are a treasure, and securing one adds significant value to their collection. However, safeguarding a classic car from damage or theft can pose unique challenges. At Bartal Insurance in Scranton, PA, we offer insights into the process of qualifying a vehicle for classic car insurance.

The Need for Classic Car Insurance

Investing in classic car insurance is indeed worthwhile as it protects your valuable asset from potential disasters. Even if your primary use of the vehicle is limited to an occasional parade, maintaining some form of insurance coverage is prudent. Classic car owners typically opt for policies providing minimal liability, comprehensive, and collision coverage. Documented insurance protection often serves to maintain or even increase your car’s value over time.

Qualifying for Classic Car Insurance

To qualify for classic car insurance, a vehicle must meet several requirements. Firstly, the car must maintain its original design and conform to factory specifications. This implies that all restoration work carried out on the vehicle must reflect the car’s original factory condition. Modern additions to the car can result in its declassification as a classic.

Insurance providers often stipulate that your classic car needs to be stored in a private, enclosed garage or storage unit, providing protection from the elements. An insurance representative may inspect the proposed storage site before approving your classic car insurance policy.

Classic cars should not be used for daily commuting. In support of eligibility for classic car insurance, you might need to provide evidence of separate auto insurance coverage for a different vehicle used for daily transportation.

Finally, it’s vital to agree on a market value price for your vintage car with your insurance provider. Most classic cars appreciate in value over time, and reaching an agreed value typically follows a professional appraisal. This ensures all parties have documented proof of the car’s worth in the current market.

Thinking of Insuring Your Vintage Car? Contact Bartal Insurance in Scranton, PA.

If you own a vintage vehicle and are considering classic car insurance, Bartal Insurance in Scranton, PA, can help you determine your vehicle’s eligibility for coverage. Schedule an appointment today to learn more about protecting your treasured classic car.

Should You Add Riders to Your Renters Insurance Policy?

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A basic renter’s insurance policy might be sufficient if you rent a home in Scranton, PA. However, making assumptions regarding coverage is not advisable. Acquainting yourself with what your renter’s policy covers helps you identify whether you need to add riders to your coverage to ensure adequate protection for your home and belongings.

What’s Excluded by a Renter’s Insurance Policy?

Coverage differs based on the insurance provider you choose. Generally speaking, renter’s insurance does not cover natural disasters. Considering Scranton’s susceptibility to flooding, investing in additional flood insurance to protect your belongings from damage or loss might be beneficial.

Furthermore, a standard renter’s insurance policy has coverage limits for damage to or loss of personal belongings in the home. While this limit might suffice to replace furniture, clothing, and other personal items for most individuals, it may not fully compensate for valuable items such as jewelry, antiques, or heirlooms. It would be best to consider having valuable items appraised to determine whether a rider is required to fully cover them against theft, vandalism, or natural disaster.

Find out More from Bartal Insurance

Bartal Insurance offers renter’s insurance policies and riders to ensure comprehensive coverage for you and your belongings no matter what events occur. Unsure which coverage options are suitable for you? Call us, and we will guide you through reviewing your options. We take pride in helping residents of Scranton, PA, from all walks of life secure insurance coverage tailored to their needs.

Coverage For Items Stored Within Your Recreational Vehicle

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Regular travel may necessitate storing numerous items in your recreational vehicle. These items can be prone to theft or damage, so specialized insurance coverage is essential.

Loss Of Property

Loss of property coverage replaces items that get damaged during your ownership. This type of coverage also offers protection against theft. You can obtain this kind of coverage for both fixed and movable items stored within your vehicle.

Permanently installed objects, including floor coverings and appliances, can be included in your insurance plan. Loose items that you can move, such as dishes and linens, can also be included in your RV insurance policy.

Checklist

Consider the list below when crafting a personal checklist of items to include in your insurance plan.

  • Carpeting
  • Jewelry, cash, and other valuables
  • Furnishings
  • Entertainment system components
  • HVAC essentials
  • Clothing
  • Automotive parts (for maintenance and repairs)

Inspection

Have a licensed mechanic service your vehicle. The mechanic will assess your van’s operating systems, automotive parts, cosmetic materials, and other components.

After the inspection, you will be informed about any necessary repairs or replacements. Once your vehicle is road-ready, you should consider insurance coverage for the items that you plan to store within your vehicle.

Contact Bartal Insurance

Ensuring adequate insurance coverage for the items stored in your RV can prevent future financial hardships. An agent from Bartal Insurance in Scranton, PA, can assist you with any necessary alterations to your RV insurance policy.

Bonds Insurance FAQs: All you need to know

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If you are a business owner, you should consider having bond insurance because it guarantees customer payments if you, as a business owner, fail to meet the conditions stated in the contract. If you are interested in bond insurance, here are several important things you should know about it: 

What are the benefits of bond insurance?

One of the main benefits of bond insurance is the lower cost of capital. Also, bond insurance boosts legitimacy if you are a small business owner and work for others. 

How does bond insurance work?

It is an essential financial tool that provides a guarantee to a bondholder, according to which bondholders will receive interest and principal payments even if an issuer defaults. 

What are the types of bond insurance?

There are two types of bond insurance: corporate bond insurance and municipal bond insurance. Corporate bond insurance is for corporations, while municipal bond insurance is used for general obligation bonds issued by local and state governments. 

Are there any risks and disadvantages of bond insurance?

Yes, it has certain risks and drawbacks. For example, this insurance can increase the insurer’s cost of borrowing. Also, the major drawback of bond insurance is its cost. It can be quite expensive and affect the overall return on the investment. 

Bond insurance is one of the most crucial types of coverage any business owner should consider to protect their company and assets. If you operate your business in Scranton, PA, or any other town in Pennsylvania, Bartal Insurance is the company that can help you with it. At Bartal Insurance, we will answer your questions and help you find a policy that will benefit you most. 

What’s Considered Damages in A Court Case?

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If you’ve been named in a lawsuit, you may have seen the term damages and want to know what that means. Several different things can be outlined as damages; if you’re found to be responsible, you’ll have to cover these expenses. 

Medical Expenses

Some of the most common damages in any suit are medical expenses related to the case. This could be for bodily injury or mental health treatment. If the party has to incur future costs due to these damages, then your insurance will cover what’s already been paid and the cost for future expenses. 

Property Damage

Any personal damage that was destroyed, such as a vehicle, equipment, or anything else that needed to be repaired or replaced, can be considered property damage. Anything recorded as being damaged in the suit will need to be covered. 

Punitive Damages

In some cases, punitive damages can be related to different cases. These are used as a form of financial punishment for the act that was committed. They will exceed basic compensation and cover additional costs and are only awarded in extreme cases. These are usually found in drunk driving or extreme cases. 

Liquidated Damages

In cases of construction or development, liquidated damages could be part of the original contract. If they were and you’re found responsible for these damages, then you’ll have to pay a sum to cover the cost of the liquidation that went into the project. This can be a total sum or a certain amount arranged per day. 

If you’re looking for a personal quote on umbrella insurance in the Scranton, PA community, contact our team at Bartal Insurance today. 

Four Things You Should Know About Flood Insurance

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An unexpected flooding situation can cause devastating losses for homeowners in Scranton, PA. Regardless of your home’s location, securing your property with flood insurance is a wise decision to ensure protection against damaging water invasions. Bartal Insurance is here to provide comprehensive insight and assist you in acquiring the proper coverage.

Why is flood insurance important?

The significance of flood insurance often goes unnoticed until it’s too late. Many homeowners falsely believe that flood coverage is superfluous if they aren’t located in a flood zone or if their property is fully paid off. Here are four crucial points that illustrate why securing a flood policy is of paramount importance:

  • Floods can occur anywhere it rains.
  • Flood protection is vital, even outside designated flood zones.
  • Flood insurance offers considerable value against potential losses.
  • An insurance agent is your best source for flood coverage information.

How can we help?

Before deciding, it’s vital to acquire in-depth knowledge about flood risks, recommended coverage amounts, and protective measures. Our experienced agents at Bartal Insurance can provide comprehensive information tailored to your specific circumstances, giving you peace of mind that you’re well-protected.

If you’re in the Scranton, PA area and are considering flood insurance, don’t hesitate to get in touch with us. We offer quotes from multiple insurers, empowering you to choose the best-suited plan confidently. At Bartal Insurance, we’re always here to help you navigate your insurance needs.

Common Industries Using Bond Insurance

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Understanding the Significance of Bond Insurance for Businesses in Scranton, PA

While many Scranton, PA, companies realize the need for bond insurance, new entrepreneurs may not. Starting a business typically involves focusing on acquiring clientele more than administrative and risk management tasks. However, the right commercial insurance, like bond insurance, can actually assist in attracting customers.

The Role of Bond Insurance

Launching a new business, be it in Pennsylvania or elsewhere, requires building trust with potential customers. Having bond insurance boosts this trust as it ensures a guarantee of their financial transactions with you. Therefore, businesses, from bail bond people to stockbrokers, state that they’re "bonded." This usually appears at the end of their advertisements or website and translates to them having bond insurance from an agency like Bartal Insurance.

Industries That Typically Need Bond Insurance

Not only do finance professionals like stockbrokers require bond policies, but many within the construction industry also need this insurance. Building contractors, electricians, plumbers, and masons often need to buy bond insurance. Such policies ensure that customer deposits are safe by providing a recovery mechanism if the contracted work is not completed or poorly done.

Insure Your New Business with Bartal Insurance

At Bartal Insurance, we appreciate the complexities of starting a new business. Allow us to assist you with launching your Scranton, PA, enterprise by protecting it with the right insurance. Foster trust with potential clients by investing in bond insurance.