Your life and circumstances can change on a regular basis, so you want and deserve insurance products that will respond to your changing needs. Personal insurance policies can change with your circumstances, but it is important to make updates and your circumstances situation requires it.
We offer a wide range of personal insurance at competitive prices. We can sit down with you and complete a review of your personal insurance program. Our goal is always to find you the best possible combination of coverage, price, and service.
Reasons To Review Your Personal Insurance
Changes in Your Circumstances. This can include a move, remodel of your home, marital status, or purchase of a boat or other high value item.
New Insurers and Discounts. Often, you make changes and if we know about them, we can offer discounts. For example, if you install a home security system there are discounts for that. In addition, new insurers frequently come on the market offering competitive homeowner insurance options. If we review your insurance, we can offer different options to you that may save you money.
Personal Insurance Products We Offer
· Identity Theft
· Personal umbrella
A Business and Risk Update
A traditional liquor liability policy, like all commercial insurance policies, has limitation and coverage terms and conditions. We thought it might be good to provide a brief overview of this coverage by answering some common questions. Remember, we can provide a review of your business insurance needs. Please call our agency to set up a meeting.
Common Questions Regarding Liquor Liability
“My business (a manufacturer) is not in the business of selling alcohol. However, we do offer alcohol at parties or events at no cost. Do I need liquor liability insurance?”
Answer: In most cases, you do not need to purchase liquor liability if you are not in the business of selling or serving alcohol. However, it is always a good idea to have us review your individual commercial insurance coverage to make that determination.
“Our nonprofit is holding a fundraiser where we are selling wine to raise money. Do I need liquor liability insurance?”
Answer: Yes, if you are selling alcohol, you will need liquor liability insurance, or hire a bartender who has it. The standard liquor liability exclusion in your commercial insurance applies to any business that is in the business of manufacturing, distributing, selling, serving, or furnishing alcoholic beverages.
If your business is holding an event at a hotel or other venue where alcohol is served, we recommend you request confirmation that they have liquor liability insurance.
In many states, every bar or business in which an intoxicated person drank can be pulled into a lawsuit if the person causes bodily injury to a third party. The business must prove that the patron was not intoxicated while at their event.
All liquor liability insurance policies exclude the selling of alcohol illegally, which includes selling liquor to a minor.
It is the time of the year when parents and college students start gearing up for the next college semester. As a parent, you worry about many things including the safety of your children. Insurance may not be on your top ten lists of things to consider, but it should be. One of the most important things your student will need at school is something that doesn’t have to be packed – the right insurance coverage. Here is a list of some of the items you might consider before your college student heads of college.
Is Your Student Renting An Apartment?
If your child is renting a home or apartment with others you may want to consider a renter’s policy. We usually recommend a separate renter’s policy as this will keep any liability separate from your individual policy. The apartment manager may also require renter’s insurance.
Personal Property; Such As Expensive Computers
Depending on the value, items like clothes and computers should be covered under your homeowner’s policy. If your student has an expensive computer, smartphone, tablet, jewelry or other items, you might not be covered.
This coverage is provided anywhere the student goes inside the U.S.A. Your student would be covered under your current homeowner’s policy, or even a renter’s policy if one is in place.
Identity Theft Insurance
Identity theft is one of the fastest growing crimes in the U.S. College students are very active in online activity, including shopping. Protecting financial records, credit card information and student records is important. Students are often victims of identity theft as they tend not to check their personal credit information.
It might be a good idea to purchase a personal umbrella during the time your student is attending college. The umbrella policy would provide higher limits just in case there is a serious liability issue. An extra $1,000,000 of coverage can go a long way and provide added peace of mind.
Oakwood Insurance provides insurance and risk services to the construction industry. Insurance can play an important role in “on time and on budget” projects. If your insurance coverage is not written properly, your business may not survive financially. Your success depends on good planning whether you're estimating a project, hiring good people, protecting your business with complete commercial insurance, or selecting your insurance agent.
You can depend on our team of construction professionals to design, build, negotiate and implement an insurance program that fits your individual needs. As your insurance partner, we will create and deliver insurance solutions today in order to keep you in business tomorrow.
Oakwood Insurance has created and developed strategic partnerships with many highly rated insurance companies. Our goal is to create the right combination of coverage, price, and service that exceed your expectations.
Over the years our construction professionals have worked with many different kinds of construction firms, including:
Having the right insurance coverage and the right agent is an important part of managing construction risks. As a contractor your insurance needs can change quickly. You need an insurance agency partnering with you to make sure your company’s unique needs are met.
The U.S. Small Business administration tells us that there are over 300,000 new businesses started each month in the United States. Half of these will not make it through the first year. There are many reasons new businesses fail including lack of planning, money, and uninsured losses.
A Few Tips on Starting a New Business
Develop a business plan that includes a mission statement, description of your products and services, target markets, competition review, how you will market your business and financials. Many people overestimate first and second years’ revenues, so be conservative.
Make sure you have adequate business insurance. Many people do not consider insurance, then a loss occurs, and you start your business with an uninsured loss. You will need employment practices liability and worker’s compensation if you have employees.
Find resources in your local community that can help you grow your business. This may include your local chamber or other organizations.
Service is an integral part of Oakwood Insurance Agency’s standard operating procedures. Satisfied clients are our primary goal. We strive for a timely resolution to issues that affect our customers. We do our best to return all calls within one business day. Commercial Liability Insurance from Oakwood Insurance offers protection to your businesses. It covers claims from property damage and/or bodily injury to a third party caused by your business operations, or from your premises. This general liability coverage may also provide for the legal defense of the insured.