Do You Need Supplemental Car Insurance in Alabama?

Posted on October 4, 2022June 21, 2023 by admin

At Surety Ins Inc, we often get asked if customers need to buy supplemental car insurance, beyond the state minimums, when they’re insuring their vehicles in Alabama. While it’s not legally required in the state, we generally recommend that our clients purchase supplemental insurance. Here’s a closer look at why this coverage may be a wise investment.

What Supplemental Insurance Covers

Supplemental car insurance, also known as excess liability coverage, pays out when you’re involved in an accident and it’s determined that you’re at fault. If the damages caused exceed your standard policy limits, your supplemental insurance will cover the additional costs up to your policy limit.

This type of coverage is important because even a minor accident can result in expensive damages, especially if there are injuries involved.

Certain Types of Accidents Almost Always Exceed State Minimums

There are certain types of accidents that almost always exceed state minimums. For example, if you hit a high-end vehicle or cause an accident that injures multiple people, you could easily be looking at a hefty bill.

If you don’t have enough coverage and are found to be at fault for one of these types of accidents, you could be on the hook for paying the difference out of your own pocket—and that’s something nobody wants to deal with.

How Much Does Supplemental Insurance Cost?

The cost of supplemental car insurance varies depending on a number of factors, including the value of your vehicle, your driving history, and the limit you choose. However, it’s generally very affordable. When you compare that to the peace of mind it offers, we think it’s well worth the investment.

You Need Supplemental Car Insurance

While supplemental car insurance isn’t required by law in Alabama, we highly recommend that our clients purchase this type of coverage. It offers valuable protection in the event of an accident and can save you a lot of money if you’re ever found to be at fault.

If you have any questions about supplemental car insurance or would like to get a quote, Surety Ins Inc would be happy to help. Contact us today to speak with one of our experienced agents.

What coverage can I expect with commercial insurance?

Posted on September 29, 2022June 21, 2023 by admin

Owning a business has continued to be a dream for many people. If you are an aspiring entrepreneur in the state of Alabama, there will be plenty of great opportunities for success. If you are going to invest in a business here, you will want to ensure you select an ideal insurance plan to cover your organization. One of the best ways you can do this is by getting a commercial insurance policy. You can expect to receive various forms of coverage from a commercial insurance plan.

Get Coverage For Your Business

Liability Mitigation

One type of coverage you can expect to receive from a commercial insurance plan is support to mitigate your liability risk. There is always a chance that a business can be held liable for losses incurred by a customer, employee, or other individuals. If you are properly insured, it can help provide support in these cases. This will give you comfort knowing you have financial protection that can help protect your business.

Cover Assets

You also want to have commercial coverage to cover your assets. A business that invests in any type of asset will want to know that it is covered in the event of a fire, theft or other types of loss With commercial coverage, you will have the support that can ensure you have the capacity to replace or repair important assets.

Give Us A Call

Anyone that wants to invest in a commercial insurance policy should call the team with Surety Ins Inc. in Alabama. If you are going to purchase this coverage, Surety Ins Inc. will give the support you need to build out an ideal policy and plan. When you speak with the professionals here, they will offer any support needed to ensure you know your options and needs, which will help support your company.

Do I Need Home Insurance?

Posted on August 31, 2022June 21, 2023 by admin

Owning a home is a great joy, but one of the top things many homeowners should consider is purchasing home insurance. Some homeowners in Alabama perceive home insurance as a must-have, while others see it as an unnecessary cost. So, do you need homeowners insurance?

Why Do You Need Home Insurance?

At Surety Ins Inc., we recommend that you get home insurance. This policy is meant to protect your home and the property in your home from damage and theft. Homeowners’ insurance typically covers:

Your house: The home policy covers the cost of repairing or rebuilding your house and even other structures, such as a storage shed and detached garage, on your property after a covered peril.
Your stuff: A homeowners policy will pay to replace your belongings in your home after loss due to theft or damage by a covered peril. For example, if you own expensive jewelry stolen from your home, your home policy will pay to replace it. At Surety Ins Inc., we advise that you consistently update your home policy every time you purchase an expensive item and store it in your home.
A place to stay: If a covered peril extensively damages your home, you might need a place to stay while it’s being repaired. Your home policy will cover the additional expenses you incur while living away from your home as it is being repaired. This includes the cost of a hotel/motel room, transportation, laundry services, etc., for your entire family.
Legal bills and liability: Suppose your guest gets injured in your home, and they sue you. Your home policy will cover your legal bills for the court case. It will also cover any settlements the court awards the complainant, including medical bills and compensation for lost wages.

Are you seeking home insurance in Alabama? Contact Surety Ins Inc. for excellent home insurance deals.

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