5 Reasons You Need Umbrella Insurance

Anyone who owns a home or a car is likely to have some form of insurance, but umbrella insurance is often overlooked. Umbrella insurance is designed to provide additional coverage in the event of a lawsuit, and it can be a valuable asset for anyone with significant assets or income. TAS Insurance Agency in Phillipsburg, NJ  provides this guide on navigating this coverage.

Here are five reasons why you should consider umbrella insurance:

1. Coverage Beyond Your Existing Policy

Your existing insurance policy is likely to have limits on the amount of coverage it provides. For example, most homeowners’ insurance policies have limits on the amount of coverage they provide for liability. Umbrella insurance can provide additional coverage beyond those limits, which can be important if you are sued.

2. Protection Against Lawsuits

Umbrella insurance can help protect you from lawsuits. If you are sued and found liable for damages, your umbrella policy can help cover the costs of the lawsuit, including legal fees.

3. Asset Protection

Regardless of the size of your assets, you could be at risk if you are sued. If you have significant assets, such as a home or investment property, umbrella insurance can help protect those assets.

4. Peace of Mind

You never know about the future, and you never know when you might be sued. Having umbrella insurance can give you peace of mind knowing that you have additional coverage in the event something happens. Not only can it help you financially, but it can also help you emotionally.

5. Affordable Coverage

While you might think umbrella insurance is expensive, it can actually be very affordable. The cost of umbrella insurance depends on various factors, including the amount of coverage you need and the assets you want to protect. However, even a small policy can provide a significant amount of coverage. But regardless of how much you pay for your policy, the peace of mind it can provide is priceless.

Get Umbrella Insurance in Phillipsburg, NJ

Umbrella insurance is a great option if you’re looking for additional protection beyond your existing insurance policy. It can help protect you from lawsuits, safeguard your assets, and provide peace of mind. TAS Insurance Agency can help you find the right Umbrella insurance policy for your needs. Contact us today to get started.

Is Your Home Covered From Pest Damage?

Pest damage is one of those serious home problems that can be so frustrating to handle. Unfortunately, not everybody understands what their home insurance can and cannot do to manage pests in their home. That’s why we at TAS Insurance Agency are ready to answer your questions. We serve the Phillipsburg, NJ area and can help you better understand what your policy covers.

Pest Coverage is Complex

Typically, pest damage is not covered by your home insurance because it is considered preventable damage. In other words, insurance companies believe that pests invasions are caused by homeowner negligence and, as a result, shouldn’t be covered by their policy because it could have been stopped.

That said, your policy may cover what is known as “unexpected damage” that pests cause. One classic example of this unexpected damage is when ants chew into your wiring and cause a fire. While the damage caused by the chewing ants is not covered, a fire is not an expected result of ant infestation.

As a result, your insurance will cover any damage caused by the fire but not by the ants itself. So, if there is significant ant-related damage separate from the fire-affected area, you will have to pay to replace it yourself. These fine points may seem confusing until you talk to a professional about them.

Get Help Today

If you think that your home is likely to experience pest-related damage and you want to get protection, please don’t hesitate to contact us at TAS Insurance Agency serving Phillipsburg, NJ to learn more. We can help you understand what your policy does and does not cover and will identify an option that makes more sense for your needs as a homeowner, saving you money and time in the process.

Tips to Maintain Your Car So It Lasts

When you get a car, whether it is new or an older model, you should do everything that you can to ensure that it lasts as long as possible. To do this, you need to maintain your car.  TAS Insurance Agency in Phillipsburg, NJ offers the following suggestions to keep your car running for a long time. 

Tips to Maintain Your Car So It Lasts 

Keep an eye on your tire pressure. Tires that are properly inflated will keep you safe and save you some money. Ones that are too full or not full enough aren’t as smooth. They are also more likely to blow-out, which could cause an accident. 

You also need to rotate your tires every five to ten thousand miles. This will ensure that your tires last as long as possible. Since your tires wear differently from side to side and back to front, this will help you keep them wearing naturally so that they last longer. It will also keep your ride smoother. 

Check your oil level regularly. Your car needs motor oil to be able to lubricate all the moving parts in your engine. Otherwise, your engine could lock up and there will be no fixing it. 

You also need to change the oil regularly. It is recommended that you change the oil in your car every three to five thousand miles. 

If you want your car to last as long as possible, you need to keep an eye on your tires. You are going to want to keep the tire pressure right, so it drives as smoothly as possible. You also need to change the oil regularly. 

If you want to make sure that you have enough insurance for your needs, don’t hesitate to contact us today at TAS Insurance Agency in Phillipsburg, NJ. 

Do you need flood insurance?

If you are a resident in the greater Phillipsburg, NJ area, TAS Insurance Agency can help you with all of your insurance needs. We want the members of our community to have the protection they need!

Flood insurance, is it necessary for you?

There are a lot of questions that people have when it comes to flood insurance. We can help answer all of your questions and can inform you if flood insurance is necessary for you.

Typically, it is very apparent when you need flood insurance. Financial and lending institutions will require that a policy is in place as part of your mortgage. Other times, the need for flood insurance isn’t as apparent. The bottom line, even when it is not required, there are several different situations where having flood insurance is a great idea.

Low lying areas that receive damage from floods are great candidates for flood insurance. And, in other areas, it is unlikely that your homeowner’s policy will cover damage caused by a flood. The bottom line is that it’s worth your time to find out more about flood insurance and how it can help you to protect your home and belongings. 

A flood insurance policy can help to close any gaps that may exist in your primary policy.

Let’s find out more about flood insurance.

The team at TAS Insurance Agency is here to help our friends and neighbors in the greater Phillipsburg, NJ area with all of their insurance needs, including flood insurance. Find out more by giving our office a call today. We look forward to working with you!

Why do businesses need commercial insurance in New Jersey?

For an aspiring business owner, finding a great community to open in is very important. When you are looking for a new town to start your business, Phillipsburg, NJ is a great option to consider. This part of New Jersey offers a lot of advantages to business owners including a strong economy and a good population base. If you do start a company here, you will need to have commercial insurance. A commercial insurance plan is needed for businesses for various reasons. 

Ensure Compliance with Requirements

An important reason that businesses may need to have commercial insurance is so they can remain in compliance with various requirements. Businesses today will sign formal agreements with many parties, each of which will want to ensure the business stays viable. These can include leaders, lessors, and investors. Carrying a proper commercial insurance plan protects a business and will be required by these stakeholders. 

Support the Business

You also will want to get commercial insurance for your business to support the organization. Any business today will take on various risks that can include losing core assets or being named liable in an accident. In any of these situations, you can be properly protected with commercial insurance. This plan will give you both commercial property and liability coverage, which can prove to be a good investment. 

As you are looking to build a commercial insurance plan, you can find there are a lot of choices that you will need to make. To ensure that your Phillipsburg, NJ business has the right commercial insurance plan in place, calling TAS Insurance Agency is a good option to consider. The team with the TAS Insurance Agency will provide various solutions that will help you and your business remain appropriately covered with an insurance plan. 

Home safety tips

Home insurance is one of the most significant things you can do to protect your home. It offers different types of protection from hazards you may not have even thought about. It offers coverage at home and away from home. When you are in the market for home insurance in Phillipsburg, NJ, TAS Insurance Agency has a team of professionals who will make sure you have the home insurance you need. 

Feeling safe in your home means several different things. It means keeping you and your family safe from dangers outside of your home but also from dangers within your home. 

Outside the Home

These days, having a home security system is inexpensive and can be installed by almost anyone. You can choose to have a monitored system or one that just lets you know who is outside of your home. Being able to see your home from your phone even if you are not at home allows you to feel safer than not having that ability. 

Having good door and window locks helps to make your home a safer place. In order for them to work, however, you have to use them all the time. 

Keep tall bushes away from your home to give you and your neighbors a good sightline of your home. 

Inside the Home

Inside your home, you need to make sure that your smoke detectors and carbon monoxide detectors are operational. Change the batteries every 6 months. Get your furnace and chimney cleaned every year. 

Avoid clutter on stairs and in hallways. Falls cause many serious injuries every year in homes. Keep poisonous chemicals and medicines out of the reach of children. If you have pets, keep plants that may be poisonous away from areas that they frequent. 

Your home should be your safe place. Contact TAS Insurance Agency in Phillipsburg, NJ with your home insurance needs.

Why Commercial Insurance is an Asset for Your Business

If you want your Phillipsburg, NJ business to withstand the test of time, investing in commercial insurance is a no-brainer. Buying business insurance cushions you against mishaps that could wipe your hard-earned business. Still struggling to give out that commercial insurance check? Here are more reasons to invest in commercial insurance from TAS Insurance Agency.

Liability protection

Think of the financial consequences if your products cause harm to your customers? From medical costs to legal suits, the financial loss can grind your business to a halt. Thankfully, investing in commercial insurance cushions you against bodily injury, property damage, and advertising injury you cause to third parties.

Assets protection

If a fire ravages your business assets, your business operations are likely to be disrupted. In the process, you will incur financial losses due to property damage and business interruption. Luckily, you can invest in commercial property insurance to cushion your assets from perils like fire, theft, vandalism, and so on.

Employee protection

Your business isn’t about assets only. In your staff, you have invaluable assets that are the difference between failure and success for your business. Since employees are one of your biggest assets, protecting them with insurance makes a lot of sense. Worker’s comp insurance protects your employees against illnesses and injuries sustained while working for you.

It pumps up your reputation

Want to set your business apart from rivals? Consider business insurance. Customers and suppliers want to transact with a business where they know that they are protected should anything goes amiss. Business insurance boosts your credibility, giving you a competitive edge over rivals.

Buy commercial insurance today!

Looking for commercial insurance in Phillipsburg, NJ? Look no further than TAS Insurance Agency. Let’s take care of your business insurance needs as you concentrate on more pressing needs.

Exposing The Truth About Common Home Insurance Myths

TAS Insurance Agency serves the Phillipsburg, NJ community. For over 10 years, we have helped our clients find the coverage they need to navigate life’s risks. We work closely with our clients on an individual basis to help them find custom policies that align with their needs.

The Truth About Common Home Insurance Myths

Owning a home is one of the most significant investments you’ll ever make in your life. It’s important to protect your assets. Home insurance covers your Phillipsburg, NJ property. The policy covers any damage to the interior and exterior of your home. Your personal property is also covered if you are a victim of a burglary. Liability coverage protects you if an accident occurs. Perhaps your pet accidentally scares the mail carrier, and they slip and fall, or you accidentally put a dent in your neighbor’s wall. Liability coverage will protect in these situations. While researching coverage, it’s important to learn the truth about these home insurance myths.  

Flood Damage Is Covered

Flood damage is not covered under your home insurance policy. You’ll have to add extra coverage to protect your items if a flood occurs in the area.

Home Insurance Covers Maintenance Issues

This is incorrect. You are expected to take care of your home by performing regular maintenance. If problems arise due to mold or termite damage, you may not be protected, as those are seen as issues that could have been prevented with proper maintenance.

Don’t Take Inventory

Failing to take inventory of your personal items is a huge mistake. Taking inventory of your personal items can help you recover all of your missing items if someone steals things.

TAS Insurance Agency Will Help You Find The Right Policy

Visit our website to learn more information about home insurance.

What Is Umbrella Insurance?

When you have home and auto insurance policies, you can choose another type of policy to boost them both. An umbrella insurance policy helps you to have more coverage for each of them, and it’s a cost-effective way to add to your existing coverage. If you are interested in getting umbrella insurance, contact us today at TAS Insurance Agency in Phillipsburg, NJ.

Home and Auto Insurance Policies

The first step to getting umbrella insurance is to have a home and an auto policy for your home and vehicles. When you get these two insurance types, they each include a little bit of liability insurance in case of accidents. However, because those amounts of liability insurance are in small amounts, they may not cover everything after an accident. If someone has an accident in your home or with your car, you may be held liable for paying all of the medical bills that result. With an umbrella insurance policy, the amount left over can be paid by the policy instead of coming out of your wallet. 

How the Policy Works

Umbrella insurance is a secondary form of insurance that goes into effect when the first one has been exhausted. First, the initial home or auto insurance policy comes in to pay as much as it can toward the medical bills you owe. Then, when that has finished, your umbrella policy comes in to cover that overage. And, getting a high amount of umbrella insurance is highly cost-effective. Getting all of that extra liability coverage, and they all come with high maximums, comes at a small cost. It costs less to get one of these policies than it would add to both your home and auto insurance. 

Umbrella Coverage

If you have home and auto insurance and you’re interested in an umbrella policy, call us at TAS Insurance Agency in Phillipsburg, NJ.

How do you know if you need flood insurance?

How do you know if you need flood insurance?

Whether you live inside or outside of a high-risk flood area, if you own property, you should consider purchasing flood insurance for the protection and peace of mind it brings. Let TAS Insurance Agency, serving Phillipsburg, NJ, help you understand when your property requires flood insurance.

The Federal Emergency Management Agency (FEMA) creates flood maps that rate the flood risk of an area. All properties located within this area get designated with that risk rating. Any property within a high-risk flood area must obtain flood insurance as long as it has a mortgage outstanding. That’s because the government, via the Federal Deposit Insurance Corporation (FDIC), insures all mortgages. The government doesn’t want to lose its money, so it requires flood insurance via the National Flood Insurance Program (NFIP).

The government does not get your insurance premiums though. NFIP merely approves local insurance carriers who meet quality checks to offer you flood insurance.

You can easily find out if you need to buy flood insurance. If you already purchased your home, locate your closing paperwork. Find the section in the documents titled "Natural Hazards Disclosures." If there is a disclosure listed that classifies your property as Zone A or Zone B, you purchased property at high risk for flooding.

If you have yet to purchase property and you’re just house hunting, you can find out without the purchase information. You can look at a FEMA map to know if you will need insurance. You visit your post office or county assessor’s office to look at a map. Simply check the property address on the map. If it lies in Zone A or Zone B, it requires flood insurance.

Contact TAS Insurance Agency serving Phillipsburg, NJ, to learn more about flood insurance and what options you have. Ask us about contents only policies for renters, if you did not buy your property.