Author: abraham

Home buyers often ask if a home insurance policy can simply be transferred from one person to another. Therefore allowing a new homeowner to begin making the payments when the old owner moves out. The short answer here is, no. A home insurance policy cannot be transferred from one person to another. Each policy is unique, and coverage rates really depend on a broad number of factors that change from person to person. Now, this isn’t necessarily a bad thing. Uh, Let me go ahead and give you a quick example here: If the original homeowner is a college student and the new homeowner is a retiree, the rates will almost certainly be less expensive for the new homeowner, right? Now, more importantly, every homeowner has a different set of coverage priorities, which means the specific coverages and amounts can vary significantly from one homeowner to another. And so, before making a final choice on your coverage, be sure to speak with an insurance professional that can help you understand all of the rates and all of the options associated with your homeowners policy.

We’d be happy to review your insurance coverage options with you! Give us a call at (501) 868-9338 or visit https://berryhillinsurance.com.

So many business owners want to know whether or not a business license is required before they can purchase business insurance coverage. As a rule, you don’t need a business license to purchase business liability insurance. But, there are certain kinds of industry specific insurance that might require a license or certification. If you’re a sole proprietor or a contractor, for example, you can almost always acquire business liability insurance without a license. Similarly, if you just open your business and your licensing isn’t complete yet, you should still be able to pick up a business liability policy. Here’s a good way of looking at it, think of it like this: If you’re facing risk, you’ll likely be able to buy insurance for that risk. Now, if you want to ensure that all your bases are covered, then make sure you speak with your insurance professional before making your final decision on how to cover your business.

We’d be happy to review your insurance coverage options with you! Give us a call at (501) 868-9338 or visit https://berryhillinsurance.com.

Business insurance is one of the most important investments a business can make. There are a variety of business insurance policies available, and the coverage they provide can vary widely. However, most business insurance policies cover common risks like property damage, liability, and employee injuries. Property damage coverage protects your business if your property is damaged or destroyed. This can include damage caused by fire, vandalism, weather, or other events. Liability coverage protects your business from getting sued for damages or injuries caused by your business operations. On the other hand, employee injury coverage protects your business if an employee is injured while working for you. Business insurance helps protect you from financial losses that could result from these risks. Standard business insurance does not cover everything. So, many businesses choose to add coverage riders to their policies to protect themselves further. Now, there are many options for business insurance available, but whichever policy you purchase, it is always best to ensure that you have a trusted insurance agent to help you.

We’d be happy to review your insurance coverage options with you! Give us a call at (501) 868-9338 or visit https://berryhillinsurance.com.

Are auto insurance rates negotiable? Well, the short answer is, no, auto insurance rates are generally not negotiable. However, there is more to this question than my short answer that I just gave you. So in truth, what most people want to know is how they can lower their auto insurance rates. Now, while the premiums, a carrier offers aren’t negotiable, there are actually other ways that you can knock that rate down. Auto insurance carriers determine their fees based on this really complex set of variables that include, you know, your driving record and your age, where you live, how many miles you drive in a month… things like that, which means if you want lower insurance rates, then there are several things that you can do. For starters, you can drive fewer miles, which might mean, you know, carpooling or taking public transportation. And let’s see what else Another great idea that you could do to lower those rates is to improve your driving record by going to driving school. As a matter of fact, some carriers will encourage you to take a defensive driving class in exchange for lower premiums. I got to say, a knowledgeable insurance agent can help you find ways to lower your premiums. So even though rates aren’t directly negotiable, there are definitely plenty of ways to save money on auto insurance.

We’d be happy to review your insurance coverage options with you! Give us a call at (501) 868-9338 or visit https://berryhillinsurance.com.

Homeowners insurance protects your home from damage caused by perils like fire, wind, and theft. But, what about damage caused by wear and tear? For example, let’s say you need a new roof. Can your Homeowners Insurance policy help pay for it? The answer is… maybe. Homeowners Insurance policies typically cover sudden and accidental damage. So, if a storm damages your roof, your policy should pay for the repairs, but most policies will not pay for damage that occurs over time, such as wear and tear or poor maintenance. That means if your roof needs to be replaced because it’s old and worn out, your Homeowners Insurance won’t help pay for the repairs. Now, some homeowners insurance policies include replacement cost coverage for the dwelling, not personal belongings. This coverage will help pay to repair or rebuild your home if it’s damaged or destroyed, regardless of the cause. So if you have replacement cost coverage and your roof needs to be replaced, your policy should kick in and help pay for the repairs. Replacement cost coverage is not included in all homeowners insurance policies. So if you’re unsure whether you have it, check your policy documents or call your agent to ask. It’s also important to remember that replacement cost coverage has limits like every other type of coverage in a homeowner’s insurance policy. So, even if you have this type of coverage, your insurer will only pay up to the limit stated in your policy. That’s why it’s always a good idea to ensure you have enough coverage to rebuild your home entirely if it’s ever destroyed.

We’d be happy to review your insurance coverage options with you! Give us a call at (501) 868-9338 or visit https://berryhillinsurance.com.