Small business owners in Plymouth, MN face the same challenges as small business owners across the country. Having the correct commercial insurance can not only keep your business in compliance with state regulations it can help you to stay successful in the face of some of the bad things that can happen. Anchor Insurance Agency LLP has the answers about coverage that you are looking for and they are always happy to discuss them with you.
Minnesota law requires all businesses to carry worker’s compensation insurance or to be self-insured. This protects both the employee and the employer
Employment practices liability insurance
Any employer who has employees no matter how small is at risk of having a claim filed against them for wrongful termination or harassment. Your commercial insurance policy offers the option of this coverage. It can cover your legal expenses no matter whether you are found innocent or guilty.
General Liability coverage protects you from the results of a customer who is injured on your premises or by your products.
If you own the building where you are doing business, you need to have coverage that will help you to repair the building if it is damaged by things like lightning, wind, fire, theft or vandalism. You will want to be back to business as usual as soon as possible.
When something happens that stops your ability to do business you need to have a way to continue to meet payroll and keep the bills paid. This insurance makes all the difference.
Commercial insurance can protect your small business from a variety of unpleasant events. If you live in or near Plymouth, MN, give Anchor Insurance Agency LLP a call or stop by their office for a no-obligation quote. They can help you to choose the right coverage for your particular small business.
One of the best long-term investment options you can make is to buy a home instead of renting a property. For many people, an ideal type of home to buy is a condo. Owning a condo comes with a lot of amenities and advantages and can also come with fewer maintenance needs. When you are looking to buy a condo, it is very important that you have it properly covered by insurance. Today, it is more important than ever to have condo insurance and there are several reasons why.
Covers Your Asset
One of the advantages of having a condo insurance policy is that it will cover your important asset. When you buy a condo in the Plymouth MN area, you will be buying a major investment and asset. Because of this, you will want to make sure that it is properly covered by insurance. Your condo insurance policy will be able to give you the coverage that you need.
Another advantage of condo insurance is that it can provide you with liability protection. A full condo insurance policy will have a liability component that will prove to be very beneficial if someone is injured in your home and you are found liable. This will give you the financial protection that you need in these stressful and challenging situations.
Having condo insurance in the Plymouth, MN area is clearly very important. When you are shopping for your next policy, you should come to Anchor Insurance Agency LLP. The team at Anchor Insurance Agency LLP can help anyone looking to buy a condo find an insurance policy that is right for their situation. This will ensure that you and your valuable asset are properly covered and protected.
Our pets are a huge part of our families and finding a way to protect them in the event that something happens to our homes is a must. For those that have a homeowner’s policy, your pets are likely covered with no issue. For renters, the outcome may be slightly different. For those that live in the Plymouth, MN area, the agents with Anchor Insurance Agency LLP can help you find the policy that works for you.
For renter’s the same items, for the most part, are going to be covered as would be with a home policy save for the structure itself. A renter’s policy is going to help protect the contents of the rented space and can also give you some money to help cover the medical costs of your pets that are injured in the rented property. If you have a fire for instance and all your possessions are destroyed you are going to get a pay out that can then be used to help pay for the medical costs of your pets.
As with anything, unless special items are specifically named in the policy you are likely only going to get a payout based on the overall value of the contents of the rented space. If you have pets and you are afraid you may run into costs associated with medical bills, you can always take out a pet policy that helps to cover these costs. Your pets are a top priority and keeping them healthy and safe is a must.
For those that live in the Plymouth, MN area, the agents with Anchor Insurance Agency LLP can help you to get the policy that you need to keep your pets safe and to be sure you can cover their bills if they are injured.
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.
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.
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.
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 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.
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.
Renter’s insurance is something that is often not required and therefore many people forget or neglect to take out a policy. As such, issues and disasters involving rented spaces is fairly high. If you have a rental property that you are renting, it may be beneficial to take out a renter’s policy to see if it may benefit you. For those in the Plymouth, MN area, the agents with Anchor Insurance Agency LLP can help.
Renter’s insurance covers a wide range of things from the cost of replacing your property to helping you find a temporary place to stay while your apartment or rented property is being sorted out. What some may not know is that it may also help with medical costs should you become injured in the rented space through no fault of your own. Say you are injured because there is a fire, you may be able to use your renter’s insurance to get help with medical bills associated. Similarly, you may be able to get help with medical bills that are a result of something that the landlord did not fix like an uneven floor that caused a fall and so on.
Not all rental policies are the same, however. One might cover all the bases while others are very basic and may not cover all that you need to have covered. Taking the time to talk with an agent can help clear up just what the policy covers. Renter’s policies also cover things like the cost of your visitor’s medical bills should they become injured while they are in the rented space. You should take the time to talk with your agent about just what the policy covers so that you can be sure you are getting the right policy for your needs.
For those in the Plymouth, MN area, the agents with Anchor Insurance Agency LLP can help you to find the perfect policy.