Month: October 2018

What Changes Can Effect Your Company Insurance Policy?

Posted on by AgentInsure

Keeping your business protected with all of the insurance needed is our goal at ALLConnecticut Insurance. We know that running a company is not static. Changes are inevitable. Those changes can occasionally effect your insurance policy, so if you have made any of these changes to your business it may be time to update your commercial insurance. We serve the community in and around West Hartford, CT with quality insurance services. 

Changes That May Effect Your Commercial Insurance Policy

  • Significant Change in Number of Employees – If you need to hire new employees or perhaps fire one or some it is important to update your policy to reflect the people who are covered appropriately to make sure that you (and they) are fully protected by insurance. 
  • Significant Increase or Decrease in Revenue –  To make sure you are protected to the fullest extent your limits should be increased as your revenue increases so if things go wrong your coverage reflects your needs. This is also true if you revenue decreases. 
  • Change of Location or an Additional Location – Moving your business is not as simple as just moving the insurance policy. Your new location will need to be assessed for risks and your insurance policy may change with the new location or additional location. 

As a rule of thumb, it is a good idea to contact your insurance agent if you make an alteration to your company that is previously unknown on the policy. This will mean any new equipment, employees, etcetera are fully covered if things go awry. Contact us at ALLConnecticut Insurance for more information. We serve West Hartford, CT, and the surrounding areas. 

Do I Need Insurance If My Recreational Vehicle Is Parked Or In Storage?

Posted on by AgentInsure

Most West Hartford, CT recreational vehicle owners understand the need for insurance to cover events that may occur while operating their vehicle during travel and vacations. Accidents, natural events such as fire or theft, and liability all seem like perfect reasons to have coverage when you and your family are on the road. But, what about when your recreational vehicle (RV) is in storage? Do you still need insurance then? 

RV Storage 

RV storage is increasingly popular in recent years, mostly due to the fact that many cities and homeowners associations have restrictions on what types of vehicles property owners can park on their property, as well as the fact that in many areas there’s very little available parking for recreational vehicles. With an RV storage option, you can often protect yourself against fire, storm damage, or theft, while cutting your premiums during the time your RV is not in use. Look for an ALLConnecticut Insurance policy that suspends collision and liability coverage, but keeps comprehensive coverage, and you can save significantly as long as your RV is stored.  

What If My RV Is Parked, But I Live In It? 

Depending on where you live in CT, you may have zoning that allows full-time living in recreational vehicles. Even if you are not hitting the highway, you still need protection! Look for a specialty “Full-Timers” RV coverage package designed especially for those who live in their RVs. They generally provide coverage similar a homeowners policy but are specifically designed by RV experts to meet your unique live-in needs. 

Leased or Financed Vehicles 

If you are purchasing a new or used RV that is leased or financed, you may not have a choice concerning insurance coverage. You are most likely to be required to carry insurance that protects you and your lender from risks of damage to the vehicle even if it is not being driven. Once your RV financing has been paid off, you may be able to lower your insurance premiums.