Do you have enough auto insurance?

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Auto insurance is required if you drive in Willoughby, OH. There are state mandates that establish the bare minimum coverage that drivers need to operate a vehicle in Ohio legally. Many car owners, however, find that the bare necessity of auto insurance is not enough. The Merhar Agency LLC can help you create an indemnity plan that fully covers you when an incident occurs. 

How much auto insurance is required in Ohio?

State law requires every driver to show proof of at least $25,000 in bodily injury coverage ($50,000 per incident). Drivers need at least $25,000 in coverage for property damage. 

Some policyholders mistakenly believe the state minimum protects them from lawsuits if damages exceed their policy limits. In actuality, Ohio is an “at-fault” state, which means drivers can sue for damages not covered by the responsible party’s insurance plan. 

How to protect yourself

The only way to lower your risk of a lawsuit after an at-fault accident is to make sure you have enough coverage to pay for damages and bodily injuries you may cause. Some policyholders choose limits that exceed $100,000 for bodily injury and property damage to avoid the possibility of falling short of protection. 

Other drivers choose uninsured/underinsured motorist protection. This option safeguards the victim in the instance that the at-fault driver’s policy falls short or is non-existent. 

How much insurance do you need?

Your policy should fully cover all damages and injuries in an accident without the need for out-of-pocket expenses. Determining the exact amount that would cover you in this manner should be done with a professional’s assistance. 

The agents at The Merhar Agency LLC can help you craft the auto insurance policy that best suits your lifestyle. Call our office in Willoughby, OH today to get started with a quote for coverage.

Does Home Insurance Cover Garage Contents?

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When it comes to home insurance, it is vital to understand exactly how the coverage can protect the policyholder. This means knowing exactly what is and isn’t covered, so there aren’t any gaps in coverage. Before selecting a policy, make sure to inquire about contents and have the insurance agent explain if additional coverage is advised.

Garage Contents

When it comes to garage contents or outbuildings, most insurance policies will include coverage as an extension of the home. This can include coverage for appliances, yard equipment, and more. Before beginning the home insurance selection process, make sure you’re working with a licensed insurance agent who can explain the terms and conditions of each policy, then recommend appropriate policy options to give homeowners peace of mind. 

Working With An Agency

Insurance agencies like The Merhar Agency LLC, serving Willoughby, OH, can work closely with clients to help them get the coverage they need for their home and garage. In addition, they can also help file claims if the need arises. It’s their commitment to high-level customer service that provides the client with the best insurance policy options and helps prevent unforeseen gaps and losses due to inadequate coverage. Please consult with one of their agents today to get started protecting the things that are valuable to you.

Anyone currently interested in obtaining high-quality home insurance coverage should call or stop by The Merhar Agency LLC. An agent is waiting to speak with you about getting ideal home insurance coverage that fits your lifestyle. The Merhar Agency LLC is eager to work with the residents of Willoughby, OH to help them get the insurance protection that they can rely on for years to come.

3 Reasons to Protect Your Business Against Disasters

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We live in unpredictable times in which natural disasters are on the rise. As a business owner in Willoughby, OH, you can counter the risk of disaster damage with commercial insurance. A commercial insurance policy from The Merhar Agency LLC can protect your enterprise against theft, fire, tornadoes, winter storms, lightning strikes, and more. Here are three good reasons to protect your business against disasters. 

Safeguards Your Business Assets

Commercial property insurance covers damage to your business building, equipment and inventory to help you recover from a disaster. This coverage saves you from having to pay for disaster damage out of your business assets. By reimbursing you for disaster damage, property coverage can help you recuperate your losses to save you from financial ruin. It also enables you to get back on your feet quickly after a disaster.

Protects Your Business against Bankruptcy

A major disaster could cause extensive damage to your small business, forcing you to shut down temporarily for repairs. Even if your business closes for a short amount of time, you will lose valuable revenue. Business interruption insurance covers lost revenue due to a disaster. It also includes your payroll, taxes, rent or lease payments, and other essential business operations to protect you against bankruptcy after a disaster.  

Keeps Your Business from Losing Clients

By compensating your Willoughby, OH business for disaster damage, commercial insurance can help expedite your recovery. This enables you to continue providing the products or services your customers need. A quick recovery could save you from losing clientele to local competitors who weren’t affected by the disaster.

Commercial coverage can be customized to provide the essential protection your business needs. To learn more about commercial insurance options and costs, call or visit The Merhar Agency LLC.