When To Re-evaluate Your Life Insurance?

Life insurance is an important investment you make for your loved ones.  At H2M Insurance serving Winder, GA, we love to take every opportunity to educate our clients on important insurance topics such as when to re-evaluate your life insurance. Keep reading to learn more. 

If You Have Never Purchased Life Insurance 

If you have never purchased a life insurance policy, speaking with an insurance representative is a good place to start. Life insurance is a very personal type of insurance and there is not really a one size fits all. Each person and family will have their own unique needs and budget. You will want to take some time to evaluate how much life insurance is needed for your family situation. This can be evaluated by asking yourself what your expectations are and what your family’s expectations are. 

Your Family Has Changed

Perhaps you purchased life insurance in the past, but since purchasing your family has changed. Family changes come in many forms, marriage, births, adoptions, divorce, and death. If any of these life events have changed the dynamics of your family, you may want to re-evaluate your life insurance needs. Your family will want to discuss changes with you as well, so be sure to keep them involved. 

Your Standard of Living Has Changed

As your life and career evolve, you may find that your standard of living has changed and evolved as well. When this happens, it is a good idea to re-evaluate your life insurance needs. A life insurance policy that was sufficient to sustain your family’s standard of living ten years ago, may not sustain it now.

If you would like to learn more about life insurance, please contact our friendly staff at H2M Insurance, serving Winder, GA and the surrounding areas today. We would love to answer any questions you may have.  

3 Reasons Your Business Needs Commercial Insurance

Whether you’re just starting up a business or you’ve had one for a while now, commercial insurance is very important. Some home-based businesses may not need this kind of coverage, but most businesses want and need to have commercial protection for their structures, equipment, workers, and customers. At H2M Insurance, you can get the help and support you need to find the right policy. If you’re in the Winder, GA area, working with a trusted insurance agent can give you options to consider. Then you can find the proper coverage type and level, and get back to operating your business. Here are three of the biggest reasons why you need a commercial policy.

1. Your business requires proper protection for everything from the building it’s into the people it serves, and commercial coverage at the right level can help you have that.

2. You want to feel secure when operating your business, and the right kind of insurance coverage can give you that feeling of security you’re looking for.

3. Your customers want to know that they’ll be protected if you make a mistake in something you’re doing for them, and a commercial policy can give them that protection.

Business owners want and need good protection for their companies and the people they work with. If you’re in the Winder, GA area, reach out to us at H2M Insurance today. You can get a commercial insurance policy you feel good about, so you can focus on building your business and helping your customers. Our dedicated and professional agents understand that you have a business to run and a life to live. Our goal is to help you do that are more easily and with a level of security that gives you peace of mind. We’re here for you and your business needs.

Why Request a Loss History Report as a Home Buyer?

When purchasing a home in and around the Winder, GA area, it is a good idea to ask the sellers (or ask the real estate agent) for a copy of the loss history report for any specific property for which you might make an offer. A loss history report is generated by the insurance industry’s informational database known as CLUE – the Comprehensive Loss Underwriting Exchange.

A CLUE loss history report includes essential information regarding a property that is relevant to any home purchaser. The loss history record provides for the type of loss, the status of the claim, the amount paid on the insurance claim, and the date of the claim submission. Homebuyers that receive a loss history report will find it advantageous to know the types of losses and damage to a home, before making an offer, because the previous damage to the house can be inspected before committing to purchase the real property. 

Most insurance companies consistently report each claim paid, including the specifics regarding the insurance loss to the nationwide CLUE repository. A loss history report provides valuable information for insurance underwriters benefit from this comprehensive information when determining coverage and insurance approvals.

A CLUE loss report is a historical record of the actual insurance losses for a specific property. A loss history report reveals critical information regarding the details of each insurance claim submitted/paid for the past five years.

Each consumer, by law, is permitted to request one free CLUE loss history report each year through the insurance professionals at H2M Insurance, a full-service company serving the Winder, GA area. So, if you are purchasing (or thinking of purchasing) a home  or condominium, it is a smart idea to contact the licensed insurance professionals at H2M Insurance, so they can help you determine

Does Your Business Need Business Interruption Coverage?

Business interruption is an essential part of commercial insurance coverage. In addition to property damage, your business is at risk of losing valuable revenue if it’s hit by a disaster. Business interruption compensates you for loss of revenue to prevent your Winder, GA enterprise from going under after a disaster. Here’s why you should include business interruption coverage in your commercial package from H2M Insurance.

What Business Interruption Covers

If your small business has to shut down temporarily due to disaster damage, business interruption helps compensate you for loss of revenue, payroll, taxes, rent of your business building, loan payments and other operating expenses to keep your business intact until you can get back on your feet. With the financial support that business interruption provides, you can recover quicker from a major disaster.

You never know when a disaster will strike or to what extent it will affect your business. Business interruption coverage protects you against such events as fire, storm damage, theft, lightning strikes and, in some cases, government lockdowns that can lead to financial loss.

How Business Interruption Works with Other Coverage

Business interruption works with other commercial coverage to protect your business against financial loss. In addition to business interruption, your commercial package can include property coverage, general liability, worker’s compensation and if necessary, commercial auto coverage.

Property coverage protects your business location, equipment, and inventory against damage from a covered peril. Liability insurance protects you against liability claims that may arise due to accidental injuries on your business property. Worker’s compensation protects your employees against injuries on the job. If your business requires the use of vehicles for delivering goods or transporting people, commercial auto will protect you against accidents during business hours.

For more information about commercial insurance for your Winder, GA business, call or visit H2M Insurance today.   

Do I need to get life insurance?

Anyone that is in the Winder, GA area will want to make sure that they have a good insurance plan in place. For those that are looking to build this out, having life insurance is a very important part that needs to be properly considered. There are several reasons why someone in this area will need to get life insurance.

Provide Protection to Dependents

The main reason why anyone in the Winder, GA area will want to get life insurance is that it will provide protection to their dependents. If you have people that depend on you and your income, you will want to make sure they have a financial cushion if you were to pass away unexpectedly. When you are looking for this insurance, you should consider the future costs of housing, living, and education when trying to figure out how much coverage you need. 

Provide Investment Alternative

While the main goal of life insurance should be to make sure that your dependents are covered, you can also use it as an investment option. If you were to get a whole life insurance policy, a portion of your monthly premium payments will go into an account that can be liquidated in the future. Over time, this will allow you to earn and build a large liquid asset. You can consider this additional savings or investment account. 

Getting life insurance if a very important decision. When you are shopping for your next policy, a great company to contact is H2M Insurance. The team at H2M Insurance can provide you with a variety of benefits that can help you to build and select the right life insurance policy. This will ensure that you are properly covered, which will give great peace of mind. 

3 Reasons You May Need to Upgrade Your Home Insurance

The start of a new year is a good time to review your home insurance to make sure you have the protection you need. Changes in your home or lifestyle over the last year could have altered your coverage, making it necessary to upgrade your policy. At H2M Insurance, we want to ensure your Winder, GA household is fully protected against any eventuality. Here are some reasons you may need to upgrade your coverage.

Home Improvements

Major home improvements like a kitchen or bathroom remodel could increase your home’s value, making your current dwelling coverage inadequate to fully protect your abode. By upgrading your insurance, you can make sure you have the protection you need in the event of a total loss. You’ll also need to add these improvements to your policy, so they’ll be covered in an unforeseen disaster.

Marriage

If you were recently married, you may need to upgrade your property insurance coverage to include your spouse’s belongings on your policy. If your spouse owns costly goods, you can either raise the limits of your property coverage or obtain a floater policy to schedule your costly items for their individual value. Posh jewelry, antiques or rare collections will need to be appraised to determine their value before being put on a floater policy.  

New Pool

Adding a pool to your Winder, GA home for health and fitness will require an upgrade to your home insurance. As pools increase your risk of accidents, you’ll need to increase your liability coverage to protect your assets in the event of a serious accident.

If you’re planning a home renovation or a major change in your lifestyle, talk to your H2M Insurance agent in Winder, GA about adjusting your home insurance to ensure you maintain optimal coverage. We’re here to meet your home insurance needs.

3 Benefits of Whole Life Insurance

No one wants to think the worst, but bad things do happen. Having a whole life insurance policy in place to protect your family gives you peace of mind knowing that they will have what they need if the unthinkable does occur. In Winder, GA, the agents of H2M Insurance can work with you to determine what type of life insurance policy is best for you as well as what amount is needed to maintain your family’s financial security.

Protects Your Family

The last thing you want to worry about is what will happen to your family if something happens to you. A whole life policy will protect your family by providing them with the money they need to get back on their feet after such a devastating loss. 

Maintains Your Family’s Lifestyle

Another benefit of a whole life policy is that it will provide your family with the financial means to maintain the lifestyle they have been accustomed to for a short period of time. This allows them to work through the grieving process without having to worry about how their bills will be paid or that their basic needs will be met.

Sense of Security

Whole life insurance offers both you and your family a sense of security. You can live your life knowing that if the worst-case scenario does occur, your family will be properly cared for during that difficult period. 

The agents of H2M Insurance serve residents who live in Winder, GA and many of the surrounding communities. If you have questions about whole life insurance and how it can help protect your loved ones, call an agent today and find out how they can help you feel financially secure with a whole life policy.

What Is Included With A Commercial Insurance Policy?

Commercial insurance policies ensure the continued protection of Winder, GA businesses and are a crucial aspect of any company’s future success. While these H2M Insurance policies tend to be similar in nature, the needs of a business are not always going to be met by a one size fits all policy.

For example, the needs of a restaurant are not going to be the same as the needs of a clothing store. Fortunately, the average business owner has the ability to choose a policy that meets their specific needs. In most instances, the business owner will opt for a policy that includes crime related coverage, liability insurance, and commercial property insurance.

There are also optional forms of insurance that can be added to policies of this nature. A business that relies on expensive equipment to survive will want to make sure that they are purchasing breakdown insurance. 

Any Winder, GA company that relies on motor vehicles to carry out their day to day tasks must be willing to obtain the necessary insurance that corresponds with these needs. 

Employee benefits also fall under the umbrella of commercial insurance policies. When it comes time to make a final decision in this regard, there are a few key factors that have to be considered. 

The location of the company, the number of years that they have been in business, their gross annual revenue and the leasing/rental status of their buildings and vehicles must all be discussed with experienced insurance agents. 

Once the business owner is ready to learn everything that they need to know about these insurance policies and how they can benefit from them, it is time to head to the H2M Insurance website as soon as possible. Those who take the time to visit the company website are able to find out more about the additional policies that are included within the average commercial insurance policy. 

The Top Three Things To Consider When Shopping For Homeowners Insurance

Buying a new home in Winder, GA can be an overwhelming task, especially for first-time buyers. Protecting that investment with homeowners’ insurance is crucial – if your home suffers a catastrophic event, your homeowner’s insurance policy can make or break you. Before you sign on the dotted line, here are the top three things you need to guide you.  

What Does My Policy Cover – And What Doesn’t It Cover? 

Your H2M Insurance homeowners policy is a broad type of coverage, with a huge range of possibilities when it comes to claims. It will definitely pay off to go over specific scenarios you might experience before you sign on. For example, most insurance policies will cover a leaking roof as water damage, but not flooding. In the event of a burglary, there may be a big difference in a policy that reimburses the purchase price and one that pays the depreciated value. Does your coverage include damages from injuries caused to people while away from your home, or only injuries sustained while they are in your home? Anticipating possible incidents can help eliminate surprises down the road, give you an idea of what coverage limits you need, and pinpoint other insurance coverage you may need, such as earthquake, flood protection, or umbrella insurance. 

What Will It Cost to Rebuild My Home? 

It is difficult to determine the amount of coverage you need if you aren’t sure of the value of what you are insuring or how much it will cost to restore your home after a catastrophe. Building materials costs and labor are constantly going up, so it may be impossible to rebuild your home based on its previous selling price. When purchasing dwelling coverage, you don’t want to be reimbursed for the original purchase price, you want protection equal to or greater than your house’s rebuilding cost. 

What Do I Need to Protect? 

In addition to your actual building, you’ll need insurance coverage for the contents of your home, such as personal belongings, electronics, appliances, and big-ticket items like jewelry and art. It is best to take a home inventory before insurance shopping to determine the value of the possessions you need coverage for. Knowing what the value is will also help you determine if you’ll need any additional insurance riders or coverage for savings, stocks, and real estate investments.  

If you have questions about Winder, GA homeowner’s insurance, we’ve got answers! Give us a call at H2M Insurance today. 

Is Life Insurance a Necessity for Young People?

Many young people may look at life insurance as an unneeded expense. However, it may be beneficial to invest in it for a variety of different reasons. Life insurance is the least expensive the younger you are. This is why some young people choose to invest in life insurance at a  younger age to lock in better rates. Also, life insurance has other benefits that precede age-related issues.

What’s the Benefit of Life Insurance for Young People?

We all understand that life insurance is extremely beneficial in helping pay for many of the financial burdens created by the insured person’s death. However, how does life insurance benefit younger people? Life insurance has several financial benefits for young people. Life insurance can replace the lost income of the insured person in the event of their death. It can also be used to pay off any debts that might have incurred as a result of the death. Plus,  investing in life insurance is cheapest when you’re young and in good health. Choosing to invest in life insurance at a young age will lock-in a low rate. This also carries the additional benefit of maintaining a low premium even if and when your health deteriorates as you age. Call your Winder, GA H2M Insurance agent and get all your questions answered about the benefits of life insurance. 

What Type Of Life Insurance is Best for Young People?

The short answer to this question is, "it depends." When deciding on the best type of life insurance, you must first consider your financial goals and situation. You can choose between term life and a whole life policy. While you’re young, a low term-life premium can benefit you for decades. However, if you buy whole life insurance, you benefit by paying the same low premium for the rest of your life regardless of your health condition. Purchasing life insurance at a young age is truly a benefit because health tends to deteriorate as people get older. This means that you’d be paying more to purchase life insurance as an older person. This is why most insurance agents suggest investing in an insurance policy before you are thirty-five years old. 

In a nutshell, life insurance is a good investment for young people for a variety of different reasons. It’s also a relatively inexpensive investment in you purchase it when you’re young. This insurance can create peace of mind and cover the financial issues that come from the loss of the insured person.