Posts Tagged ‘liability coverage’
Does your homeowner’s policy cover your ATV? Does it cover the usage of your golf cart anywhere in your neighborhood?
Answer: Only when the ATV or golf cart is being used on your residence premise and solely for the maintenance of your property.
What’s the solution? Purchase a specialized policy that provides coverage when your ATV or golf cart is used for pleasure use, whether on or off premise. Another benefit of covering your ATV or golf cart on a specialized policy is you won’t risk filing a claim on your homeowner’s policy. ATV or golf cart policies can average from $100-$250.
Will your auto policy cover your ATV, boat, golf cart or motorcycle if something should happen while you are transporting the recreational vehicle on the road?
Answer: An auto policy will cover the damage caused by any of these while being pulled behind your vehicle. It does not cover damage to the ATV, boat, golf cart or motorcycle in this scenario.
What’s the solution? A specialized policy offers physical damage for the ATV or golf cart, liability coverage up to $500,000 and covers recreational use and while away from your residence. Medical payments coverage is offered up to $25,000 – again giving you coverage for recreational use and while away from your residence.
Is my jet ski covered on my home policy?
What’s the solution: Purchase a specialized policy to cover personal liability and physical damage for your jet ski.
Am I covered if I rent a jet ski while on vacation?
What’s the solution: To ensure you are covered in the event of a loss, purchase the insurance offered by the rental company where you get the jet ski.
For more information, call Turner Agency Insurance at 288-9513 or email us at firstname.lastname@example.org.
In the midst of the festive and hectic holiday atmosphere, it is easy to forget the serious responsibility involved with hosting a party at your home or business. In many states, individuals and employers hosting holiday parties can be held liable in cases where a guest or third party is injured in an accident related to alcohol consumption at your event. Hosts have been held responsible for medical bills, vehicle repair costs, lost time from work, and even wrongful death.
Trusted Choice® independent insurance agents such as The Turner Agency recommend that those planning to host holiday parties this year review their homeowners, renter’s or comprehensive general liability (CGL) insurance policy and ensure they have adequate liability coverage if sued and found liable for the actions of a guest who drank at their home or business. While all holiday partygoers and hosts alike should be responsible and know their limits, consumers need to acknowledge that most risks cannot be eliminated entirely. But planning ahead and learning about what’s involved in hosting a reception is the best defense.
Liability Coverage Tips:
• If hosting a holiday party, individuals should look to the liability portion of their homeowners or renters insurance policy to provide them protection if they are sued and found liable for an accident involving a guest who drank at their home.
• Employers need to make sure that their comprehensive general liability (CGL) policy provides them coverage for third-party liquor liability policy before hosting that holiday office party.
• Charging employees for alcoholic beverages in the home or office may not always be the best solution for business parties. It is important for businesses to remember that once they charge a fee for alcohol, they have technically entered the alcohol sales business, even if only for one night. That carries with it requirements for a liquor license and an array of special liability protection needs. It by no means lets these employers off the hook.”
• Purchasing a personal umbrella liability policy—that can provide $1 million or more in additional coverage over the limit offered by a standard homeowners or renters policy—may be a prudent move for the frequent party host. This type of coverage can cost as little as $125 a year.
Party Host Safety Tips:
• Limit guest list to those you know.
• Provide filling food for guests and alternative non-alcoholic beverages.
• Schedule activities or entertainment not involving alcohol. If the party centers around drinking, it is likely that guests will drink more.
• Arrange transportation or overnight accommodations for those who should not drive home.
• Stop serving alcohol well before the time the party is to end.
• Do not serve guests who are visibly intoxicated.
• Review your insurance policy with us or your Trusted Choice® independent insurance agent before the event to ensure proper liability coverage.
• Consider hiring an off-duty police officer to discretely monitor guests’ sobriety or handle any alcohol-related problems as guests leave.
• Stay alert yourself, always remembering your responsibilities as a host.