Commercial General Liability Insurance Basics

Homes and automobiles are not the only things that need to be protected with insurance. If you own your own business, you need to be covered. A CGL, or commercial general liability insurance, helps you if you are found liable for another person’s property or business. Call the independent agents at Keystone Insurance Agency, LLC in Groveport, OH so they can help you get started on a liability package today.

What CGL Covers

Commercial general liability can cover your legal expenses if you find yourself in a court battle. It will also pay out any damages up to the limits of your policy. For example, a customer slips and injures themselves in your store. If you are found negligent, then your policy will pay the injured party up to the limits of the coverage.

Personal and Advertising Injury

You may find yourself in a predicament where another person or business feels that you have caused them harm personally or through advertising. Such incidences include libel, copyright infringement, false arrest, wrongful eviction, slander, and taking another advertiser’s idea.

Medical Payment Coverage

Coverage for individuals that are not employees can have their medical bills reimbursed if you are found responsible for their injuries. Medical payments can be settled immediately without legal action.

Additional CGL Coverage

  • Liquor Liability – If you sell, distribute, or serve alcohol, liquor liability coverage can protect you if a customer injures themselves or others while intoxicated.
  • Pollution liability – As an industrial or agricultural company, you may need to be protected from unforeseen incidences involving environmental exposures that could harm others.

Stop in to see one of the independent agents at Keystone Insurance Agency, LLC in Groveport, OH. These qualified agents can help you keep your business safe by purchasing commercial general liability coverage for your Ohio business.

Reasons You Need Renters Insurance

Whether you are looking for a new home as a renter for the first time or you’re an old pro at being a tenant, renter’s insurance is something that you must put on your to-do list. As a renter, being without renters insurance is simply not an option because of these three reasons as noted by Keystone Insurance Agency, LLC for those in the Columbus, OH area: 

1. You won’t be covered by others’ insurance

Though it might seem like you should be, you aren’t going to be protected by the insurance policy that the landlord or apartment management has in place. Their insurance only covers the building if it is damaged. 

2. It can help you get back on your feet

If you came home from work one day and saw that you’d been the victim of a theft, would you have the money to replace your TV, laptop, gaming systems, and the other expensive items the thief took off with? With renters insurance, you won’t have to worry about paying for everything out of pocket. Instead, you’ll simply have to make a claim and wait for a check from the insurance company. 

3. It offers you protection

Accidents happen, and if you’re found responsible, you need to be able to pay for the damages. If you forget and leave the dryer on when you leave and it catches on fire, you could be found liable for the damages to nearby apartments. Odors, scorches and burnt items are just a few of the things that renters insurance can pay for. You can also tap into it to pay for medical bills, attorney’s fees, and repairs. 

Living in the Columbus, OH area gives you access to the Keystone Insurance Agency, LLC. We are a full-service insurance agency with a variety of solutions to fit your unique needs. Contact us today to learn more.

Differences between RV and Auto Insurance

Do not wait until you file an RV insurance claim only to discover that your auto insurance does not protect your RV. You need to have RV coverage if you want your recreational vehicle to be adequately protected. Keystone Insurance Agency, LLC provides auto and RV insurance policies to Columbus and Groveport, OH vehicle owners, but before that, we ensure that you can differentiate between the two to make sure you do not get into trouble.

The two insurance types differ in various aspects which include:

Different rates of liability coverage

Recreational vehicle insurance has high liability thresholds compared to the regular car insurance. This is because, at times, recreational vehicles are treated as the owner’s residence while on vacation, and therefore the cost of operating them is much higher compared to regular cars. Also, recreational vehicles are prone to more risks than other vehicles because they are larger and stand out.

In the event of a minor accident, RVs are likely to wreak severe damages on a small car hence the liability compensation needed will be high. The high liability coverage is meant to compensate for the increased risks and ensure that the vehicle owners have enough financial security.

RV insurance coverage can be suspended while the recreational vehicle is in storage

Recreational vehicles are rarely used unless the owner decides to go on a vacation which could be a rare occasion. In this case, it is impossible for the car to be involved in a collision when in the garage unless someone collides into your home. The collision coverage can, therefore, be suspended for a while. Especially for busy or retired couples on a budget that cannot afford to go on vacation with their RV at this time. This cannot be done for your everyday automobile.

These are the main differences between the two types of insurance in Ohio. To learn more about RV insurance, contact or visit Keystone Insurance Agency, LLC in Groveport, OH and let our experts help you understand your coverage.

Protecting Your Passengers with Complete Motorcycle Insurance

Keystone Insurance Agency, LLC is here to meet all of the coverage needs of motorcycle owners in the greater Columbus, OH area. We understand that motorcycle ownership comes with a different set of requirements than most other vehicles, and are here to help you meet those needs.

The Benefits of Full Motorcycle Insurance

In addition to protecting your vehicle from damage due to an accident, the health care costs for both you and your passenger can also be covered when you opt for a complete policy that includes this additional coverage. Depending on the policy that you choose, coverage is available for any accident, no matter which driver is at fault, as well as injuries to yourself and your passenger. Motorcycles can be more dangerous than other vehicles, and it makes good sense to opt for additional coverage that will protect you in most situations.

Motorcycle owners need insurance protection for their passengers to protect them against injury or bodily harm. When determining which insurance policy is the most appropriate for your needs, be sure to consider the coverage needs of any passengers that may also be on your bike. If you use a sidecar to transport your passengers, be sure to inquire about this additional coverage because this add-on is not always included in basic motorcycle policies.

The agents at Keystone Insurance Agency, LLC are dedicated to meeting the insurance coverage needs of their clients in the greater Columbus, OH area. If you have recently purchased a motorcycle or would like your current policy reviewed to ensure that it provides the coverage that you need, our agents are here to help! Please call our office today or stop by to meet with one of the helpful Keystone Insurance team members!

When Can You Claim Your Boat Insurance?

There is nothing quite as captivating as a boating experience: the mainsail snap, the wind blowing in your hair, and the buzz of a fishing line. It is no wonder that more than 75 million people in the U.S. alone partake in recreational boating, based on data published by the National Marine Manufacturers Association (NMMA).

With boaters in place, insurers soon follow. In Ohio, for instance, a wide range of insurance companies, including Keystone Insurance Agency, LLC, offer boat insurance based on the prevalence of many lakes and rivers. In Columbus and Groveport, OH, some of the boats insured by Keystone Insurance Agency, LLC include runabout, personal watercrafts, sailboats, mini jet boats, and other fishing boats.

A question remains though: as a boat owner in Ohio, when can you claim your boat insurance? Keystone Insurance Agency, LLC covers boats against a couple of eventualities. Here is a list of when you can claim your boat insurance.

1. Collisions

Across Ohio’s lakes and rivers, waterways are busier, and collisions top the list of claims made by boat owners, especially in the summer. Luckily enough, most insurance companies in Ohio cover boats against such eventualities. If you are an insured boat owner living in Columbus or Groveport, OH, you can make such a claim when your vessel gets damaged due to collisions with other boats.

2. Weather damage

Extreme weather conditions pose a significant danger to boats. In Columbus and Groveport, lightning strikes and severe storms have disabled and short-circuited many ships. Keystone Insurance Agency, LLC covers such eventualities, and if you are a client, then you can make such a claim if your boat gets damaged by harsh weather conditions.

3. Striking underwater elements

Underwater hazards such as sandbars are common, and they pose as threats to boats. In Ohio, such occurrences are common. If you are an insured boat owner, you can make such a claim if your vessel gets destroyed by underwater objects.

For more information on boat and watercraft insurance, please reach out to the agents of Keystone Insurance Agency, LLC in Groveport, OH. We can help residents of Columbus, OH and the surrounding areas of the state get started on a policy.

Will an umbrella policy cover specialty insurance?

If you’re willing to shop around for a specialty insurance provider, then you can arrange just about any sort of policy you’d like. There are stories of celebrities and athletes insuring specific body parts, so certainly, if you want to get an umbrella policy for specialty insurance, that’s possible in Columbus, OH or anywhere else.

The question is whether a standard umbrella policy will cover that, and the answer is more often than not, no. A typical umbrella policy is intended to offer additional financial support should the damages to your home or auto exceed the limits of the policies. When you spend more on each individual policy, you’re placing your bets on which one is most likely to suffer the most damage. By buying an umbrella policy, you can cover everything in one shot.

You may be surprised at what you can cover through a standard umbrella policy you’ve found through Keystone Insurance Agency, LLC. Every provider is different, so you will want to speak to an agent in order to get an idea of what they can do for you. Many policy-holders combine their home, car, and business insurance in an umbrella plan.

Umbrella insurance is there to ensure that even if your standard policies don’t cover the damages, your provider is still going to be there to help out. Whether or not you can include specialty policies in the plan, it’s worth considering for all of your everyday insurance needs. Talk with an agent at Keystone Insurance Agency, LLC to have all your insurance questions answered. If you live in the Columbus, OH area, stop by our office to learn more.

The Benefits of Private Flood Insurance Versus NFIP Insurance

Benefits of Flood Insurance with Keystone Insurance Agency, LLC

If you are looking to purchase flood insurance around Columbus, OH, you will learn that there are two main types to acquire. You can purchase flood insurance through the National Flood Insurance Program or a private flood insurer. There are many benefits that buying a private policy has over purchasing NFIP insurance.

Here are a few of those benefits:

The Value

The biggest benefit to purchasing a private flood insurance policy is the value of the policy. When you buy NFIP insurance, the maximum value of the coverage is capped at an amount that may be lower than the value of your home. If your home is above the cap amount of NFIP insurance, you will want to purchase through a private insurer. 

What is Covered

Another benefit to private flood insurance is that it may cover items that NFIP insurance doesn’t cover. Flooding can cause your furniture to become unusable or causes mold to develop in your home, both of which are things that NFIP insurance won’t pay for or cover. Most private insurers will cover the costs. 

The Waiting Period

The last benefit to private flood insurance is that you may not have a waiting period, depending on the insurer. If you have just purchased a new home, this gives you peace of mind that your home is covered from day one. There is always a 30 day waiting period when you buy NFIP insurance, meaning that your home can be without flood insurance during this time. This wait could be scary if you purchased a home during hurricane or flood season. 

Contact Keystone Insurance Agency, LLC in Groveport, OH

As you look to purchase private flood insurance, turn to Keystone Insurance Agency, LLC, serving the greater Columbus, OH area. We can help you find fantastic private flood insurance for your needs. Contact us now to get started.

What Is Covered Under a Condo Insurance Policy?

Typically, condo insurance policies insure what is not covered by the condo association policy. While a condo community policy protects the structure of the building and common areas, condo insurance covers any damage that might occur in the interior of your condo unit. This indicates that, if you are a resident of Ohio and you purchase a condo insurance policy from Keystone Insurance Agency, LLC in Groveport, OH, you get protection for personal property damage, building property protection, and personal liability damage.

Personal Property Damage
Most of the space in condos is filled with personal items that range from furniture, appliances, clothing, and much more. You are likely to suffer a substantial loss in the case of fire, theft, or any other peril that occurs. Condo insurance will offer replacement of the lost items arising from these unforeseen eventualities.

Bodily Injury
A Condominium Insurance policy protects other people, like visitors and friends, who may suffer injuries while at your residence. The policy may also cover their medical bills.

Building Property Damage
The association’s master policy offers coverage for your wall, floorings, cabinets, and other interior fixtures. This makes it necessary to have a condo insurance policy to cater for all interior damages on your unit.

Extra Protection Policies
If you are a condo owner in Ohio, you will notice that many insurance companies offer policies that provide extra protection that is absent in the standard condo insurance policy. Umbrella insurance provides additional coverage for substantial liabilities that exceed the amount of your condo policy. Some providers also offer flood damage insurance for condo units, coverage that is hardly found in ordinary condo insurance. There is extra protection offered by various providers. You need to discuss with your agent to locate the policy that suits your needs.

Do you need more information about condo insurance policy? Come to Keystone Insurance Agency, LLC in Groveport, OH, and our friendly team of agents will address all your concerns. Our agents will help you secure your condo with the best policy.

Life Insurance 101: What You Should Know Before You Buy

A valid insurance policy is an important part of any long-term financial strategy. But what exactly is life insurance, and why do you need it?

What is Life Insurance?

The purpose of a life insurance policy is to protect the policy holder’s financial assets in the event of their death. The policy holder’s beneficiaries receive payments from the policy that help pay for obligations like mortgages, loans, and burial expenses. Additional funds from the payout can be used for living expenses for the policy holder’s surviving dependents.

The insured must pay a periodic premium to keep the policy active. Premiums are based on factors like age, gender, and health.

Some life insurance policies do not cover certain types of death, such as accidental or suicide. The experts at Keystone Insurance Agency, LLC in the Groveport, OH area can customize a policy that covers almost any circumstance that concerns you.

Types of Life Insurance Policies

  • Whole life policies use a portion of the premiums paid to fund a tax-free investment account. This account builds cash value that the insured can draw from while still alive, or can be used to increase beneficiary payouts.
  • Variable life policies start with lower premiums. Premium amounts rise as the insured ages. These policies can build cash value in the later years.
  • Term life policies have a premium payment schedule that does not change. The insured agrees to pay premiums for a certain length of time, or term. There is no cash value built, so the death benefit is a fixed amount.

Why You Need Life Insurance

  • The death of a family’s primary wage earner can leave dependents vulnerable. A life insurance policy means your family won’t have to downgrade their lifestyle.
  • Life insurance payments can be used to pay for funeral expenses.
  • Outstanding loans, final expenses, and medical payments can devastate grieving survivors. Insurance payouts can be used to settle otherwise overwhelming debts.

An insurance policy protects your loved ones when you can’t. The team at Keystone Insurance Agency, LLC is here to help residents in the Columbus or Groveport, OH area find life insurance policies to guard their families and financial assets.

Tornado Safety for Your Family and Home

Ten months have passed since the hectic Ohio tornado outbreak on August 24, 2016 that spawned 22 twisters. It was a frightening day for many, but it’s vital to learn from the event. While meteorologists learned their models still needed work since they didn’t forecast the outbreak’s possibility, the general public should use this as a takeaway for the need for tornado safety preparations. This includes having a safe place to weather the storm. Ohio experiences tornadoes every year, so it makes sense to prepare your Columbus or Groveport, OH home.

Safety Renovations

When you think of improvements, you might imagine a new backsplash in the kitchen or bay windows in the living room. Those changes might beautify your home, but for safety’s sake, make a storm shelter your top home improvement priority. This doesn’t have to mean building onto your home. You could reinforce the existing basement or cellar, adding a safe room in one corner. Another popular option is to reinforce a large walk-in closet to form a secure place. A contractor can help you determine an existing interior area of your home that you can convert. If you don’t want to lose interior space, install a detached storm shelter on your property. These come in below ground and above ground varieties. The key thing is to ensure you choose a contractor or storm shelter manufacturer with a proven track record. Speak with an agent at Keystone Insurance Agency, LLC to learn how to acquire a home insurance policy to protect the structure of your home in these events. After a storm, damages to the outside of your home may add up to high costs. With the proper insurance policy, your home will be protected and repairs can be stress-free.

Heed Warnings

Probably the most frightening aspect of the August 2016 tornado frenzy was the lack of warning. Typically, the National Weather Service accurately forecasts weather probabilities. During this outbreak, storm spotters reported tornadoes on the ground. It is smart to buy a NOAA weather radio and set it to emit a sound when the NWS issues a tornado watch or warning.

Know the difference between a watch and a warning. 

  • A tornado watch lets you know the potential exists for tornadoes.
  • A tornado warning lets you know a tornado formed and you must take shelter immediately.
  • Remain safely in the shelter until the NWS issues the all clear. This report comes over the NOAA weather radio, just as warnings do.

You can easily remain safe from tornadoes. Ensure your home has a storm shelter to accommodate your family safely. Contact Keystone Insurance Agency, LLC of Groveport, OH about remodeling to make your home safer and how it can affect your home insurance. You’ll not only increase your family’s safety but the value of your home, too.