Knowing your home insurance: Things home insurance doesn’t cover

Posted on November 27, 2024November 26, 2024 by admin

Your home insurance is quite a complex document. It offers a great deal of coverage and peace of mind. However, there are things that home insurance doesn’t cover. These are exclusions, and it is essential that you read your policy so that you are aware of what isn’t covered before you find out the hard way. At Amerisent Insurance in Las Vegas, NV, we offer our customers choices and work to find the best policy to meet their needs.

Floods

According to the state of Nevada, the greatest danger that homes face in Nevada is flash floods. Changing weather patterns have left areas that formerly would never see a flood in danger of being devastated. Even 12 inches of water in a home results in thousands of dollars in damage, and your insurance won’t cover it. Coverage is available through the National Flood Insurance Program.

Earth movement

Earth movement covers a few different things. It can be an earthquake, a sinkhole, a landslide, or a mudslide. The Frenchman Mountain Fault is less than 12 miles from downtown Las Vegas. An earthquake of only 6.0 would cause major damage to homes and businesses. The bad news is that home insurance doesn’t cover earthquake damage. You can, however, get specialized coverage for earthquakes.

Some dog breeds

If you have a dog as part of your family, you need to let your insurance agent know. Some breeds are considered so dangerous and aggressive that they are not covered. If your dog bites someone or their pet, you could be sued, and the complete cost would be on you, including any required medical care.

If you live in or near Las Vegas, NV, our agents at Amerisent Insurance are here to help with any questions you have about your home insurance coverage.

I just paid off my car. Should I reduce my auto insurance to liability?

Posted on October 31, 2024October 28, 2024 by admin

It’s a huge relief to pay off an auto loan, and you might consider reducing your auto insurance coverage. However, this decision requires careful consideration. Sometimes, opting for less insurance coverage isn’t the wisest choice, especially if you can’t afford to replace or repair your car if something happens to it. Our team at Amerisent Insurance is committed to educating Las Vegas, NV drivers and helping them get the coverage that fits their unique needs.

Insurance Requirements for Auto Loans

Most lenders require loan holders to carry full coverage insurance until the car is paid off. This protects the lender should anything happen to the car before it’s paid in full. However, it also provides protection for the loan holder. Car insurance protects both the loan holder and the lender. The asset, the car, is protected, and the loan holder is protected financially. Plus, the lender can be financially compensated if something happens to the car before the auto loan is paid in full.

Should I reduce my auto insurance to liability after paying off my car?

It depends. Generally, if your annual premium is more than your car’s actual value, it’s probably a good idea to drop full coverage insurance. Full coverage insurance includes comprehensive and collision coverage in addition to the required liability coverage. Once your insurance premium is worth more than your car, the likelihood of your insurance company paying for any repairs to your car as a result of an accident or some other covered incident is rare. At this point, your car is considered a total loss, and you will get very little money for it.

Most importantly, your insurance company won’t pay for the repairs. If you have more questions regarding insurance coverage, contact us. We’d be happy to answer them.

Is BOP Insurance a Good Choice for Your Business?

Posted on September 30, 2024September 29, 2024 by admin

Protecting your assets is a critical task for a company owner or manager. One way to do this is through commercial insurance. There are several types of such insurance, and you may wonder which one to choose. If your company is located in Las Vegas, NV, our professional team at Amerisent Insurance is ready to answer all your questions about insurance.

Understanding BOP Insurance for Businesses

While buying insurance, saving money is always a top priority. One way you can achieve this is by combining your policies, for instance, through a BOP (Business Owner’s Policy). Investopedia defines a BOP as a commercial insurance policy combining property, business interruption, and liability insurance into a single policy. This combination allows you to cut costs on insurance premiums as a single BOP policy is cheaper than separate property and liability policies.

Some BOP policies can also include crime, commercial vehicles, and flood insurance. However, note that BOP usually doesn’t cover worker’s compensation claims or disability insurance. According to Investopedia, your business must meet specific qualifications to qualify for BOP insurance. You can talk to our Amerisent team to see if your company meets the eligibility criteria for BOP.

Contact Us for Your Insurance Needs

Whether or not BOP insurance suits your company, ensuring you’re adequately insured is essential. Our team at Amerisent Insurance has been providing trustworthy service to clients in Las Vegas, NV for years. We’re here to help you with all your insurance needs, so feel free to schedule an appointment today, and let’s talk about insurance.

Does Homeowners Insurance Cover Theft?

Posted on August 30, 2024August 29, 2024 by admin

Homeowner’s insurance provides essential protection for your assets. Policies from Amerisent Insurance typically cover a gamut of perils, including natural disasters and possible fire damage. For example, if a tree falls on your home during a storm, most insurance policies can help cover the damages. However, with burglary incidents becoming increasingly common, how does your homeowner’s insurance safeguard you against them?

Personal Property Coverage

Most homeowners insurance policies in Las Vegas, NV, inclusively offer personal property coverage. This level of coverage can compensate for damages to personal belongings, including theft. However, this is a standard feature in homeowner’s insurance, it is always advisable to verify this aspect with your insurance agent. Insurance policies can frequently vary depending on the company, and some providers might offer personal property as an add-on feature instead of including it in the standard policy.

Coverage Limitations

It’s essential for homeowners to remember that insurance policies always have limits on the coverage they offer. For example, by opting for lower personal property coverage, you might benefit from lower premiums. However, if your coverage covers up to $5,000 of personal property and a thief makes away with personal property worth $10,000, your insurance won’t cover the entire loss. Therefore, always be aware of the limitations on coverage by understanding the details of your policy.

Reach Out to Amerisent Insurance

Theft is generally covered under homeowners insurance in Las Vegas, NV, but every policy and insurance company differs. You should always consult a professional insurance agent to verify if your policy covers theft. If you’re concerned about theft, inquire if you can include personal property coverage along with its cost coverage in your insurance policy. Contact us at Amerisent Insurance today to discover more about our homeowner’s insurance policies and their coverage extent.

Does your auto insurance cover you when you rent a vehicle?

Posted on July 31, 2024July 31, 2024 by admin

As the temperature begins to rise, it’s time to start planning your summer vacation. You book your flights, reserve your accommodation, and then turn to the question of a vehicle rental. You choose the location, pick the dates, and select the vehicle size, and then they ask if you want to accept the rental company’s insurance. It can be not very clear. At Amerisent Insurance in Las Vegas, NV, our agents help our customers understand and choose the coverage they need.

The nature of your existing auto insurance largely determines if you require rental car insurance. Suppose your auto insurance is basic and provides only liability coverage. In that case, it will offer some assistance in the event of an accident but won’t cover the repair costs for the rental vehicle. In a scenario like this, you could be left with a massive repair bill that no one wants.

However, if your vehicle is fairly new and has full coverage, including collision, comprehensive, and full glass, you should be adequately protected when driving a rental car. Therefore, you won’t need their expensive insurance. Rental companies may try to sell coverage for personal items in the vehicle, but you already have this coverage if you have home, condo, or rental insurance.

Moreover, checking the credit card used to rent the vehicle is advisable. Many cards offer rental car coverage, which means that you can keep your record clean without filing an insurance claim with your carrier.

In short, whether your auto insurance policy covers rental cars depends on its specific details.

If you live in Las Vegas, NV, and have questions or concerns about your auto insurance, do not hesitate to contact our independent insurance agents at Amerisent Insurance.

How commercial insurance can save your small business

Posted on June 28, 2024June 25, 2024 by admin

Operating a small business can be risky, no matter where you are. However, in Las Vegas, NV, the business climate and tax laws are beneficial to small business owners. Nonetheless, even with such advantages, running a small business comes with its own set of challenges. At Amerisent Insurance, we understand these risks and are committed to helping you reduce some of them with the aid of your chosen commercial insurance.

Commercial Property Insurance

Commercial property insurance differs from home property insurance. It provides value to both the building owners and renters. This insurance merges the protection of the physical property with safeguarding all the elements you use in conducting your business. This might include machinery, plumbing supplies, office equipment, electronics, raw materials, or inventory. Having your insurance replace these items promptly can be crucial to saving your business in case of damage.

Commercial Liability Insurance

Liability is one of the most significant risks for all small businesses. Statistics show that one out of every three small businesses faces a lawsuit every year. Anyone, including customers, clients, vendors, and even employees, can initiate these lawsuits. With adequate liability coverage, your business can survive legal proceedings and associated costs.

Worker’s Compensation Insurance

In Nevada, if you employ one or more individuals, you are obligated to provide workers’ compensation insurance. This insurance serves to protect both you and your employees.

Business Interruption Insurance

Any event that disrupts your business operations can be not only frightening but may also lead to your business shutting down permanently. Your bills won’t cease even if your income does. With business interruption insurance, you can sustain your business operations until you are able to resume normal operations.

Contact Amerisent Insurance in Las Vegas, NV, to discuss your small business commercial insurance needs.

What Special Coverage Should You Add To Your Home Insurance In Las Vegas?

Posted on May 31, 2024June 7, 2024 by admin

If you’re a homeowner, you know that you need home insurance. However, owning a home in Las Vegas, Nevada, requires some special considerations. The unique desert climate offers challenges that homeowners in other parts of the US don’t have to consider. Luckily, there are insurance policies that can provide you with additional protection.

Flood Insurance

Las Vegas might be a desert, but that doesn’t mean you shouldn’t be prepared for a flood. July to September is considered the monsoon season. During this time, heavy rains can cause flash flooding, often leading to serious damage to structures. Ensuring that you have coverage for floods may save your home in the event of an emergency.

Coverage For Extreme Temperatures

Las Vegas can be a hot place, with summers sending temperatures soaring well over 100 degrees. Nevada residents might want to consider a home insurance policy that provides for damage to their homes from extreme temperatures. That policy may also cover broken air conditioning systems, a must-have in the Las Vegas, NV heat waves.

Coverage For Windstorms

As if flash floods and heatwaves weren’t enough, Las Vegas is also in danger of wind and dust storms. These can cause serious damage, especially to roofs and windows. A comprehensive insurance policy should include coverage for wind, a unique consideration that homeowners elsewhere don’t usually need.

How Amerisent Insurance Can Help

If you’re choosing a homeowners’ policy in Las Vegas, you might feel overwhelmed by the additional considerations. Amerisent Insurance serves the Las Vegas area, helping residents find the policy that’s right for their needs. Contact us today to schedule your appointment or for additional information.

Which Natural Disasters are Covered by an Auto Insurance Policy?

Posted on April 27, 2024April 23, 2024 by admin

Need for Comprehensive Auto Insurance in Las Vegas, NV

Natural disasters like floods, earthquakes, heat waves, wildfires, droughts, severe storms, and landslides pose a significant risk in Nevada. If you reside in Las Vegas, NV, you need comprehensive auto insurance to protect your vehicle—be it a car, van, motorbike, or truck—from damage or total loss during these calamities.

Auto Insurance Coverage Against Natural Disasters

Comprehensive auto insurance is the only auto insurance type that provides coverage against natural disasters. This extensive coverage offers protection against theft, collisions with large animals (such as deer), falling tree limbs, and vandalism. However, it doesn’t include coverage for personal belongings in the vehicle. Consider investing in umbrella coverage in addition to comprehensive auto insurance, especially if you transport valuables regularly. This investment ensures complete coverage for your vehicle and its content in the unfortunate event of an accident.

Personalized Auto Insurance from Amerisent Insurance

Choosing specialized auto insurance coverage can be daunting, particularly when comprehensive coverage is required to cater to multiple incident scenarios. Budget constraints can make this choice even more challenging. At Amerisent Insurance, we take pride in offering affordable auto, home, business, life, and health insurance that meets the diverse needs of Las Vegas, NV residents, regardless of age or lifestyle. Reach out to us to explore your options or get a quote for your preferred policy.

Which Natural Disasters are Covered by an Auto Insurance Policy?

Posted on April 27, 2024April 23, 2024 by admin

Need for Comprehensive Auto Insurance in Las Vegas, NV

Auto Insurance Coverage Against Natural Disasters

Personalized Auto Insurance from Amerisent Insurance

Commercial Insurance Upgrades That Will Protect Items Stored Outdoors

Posted on March 29, 2024March 31, 2024 by admin

If you store items outdoors at your place of business, take measures to protect them. The following commercial insurance upgrades can protect your investments and company.

An Inventory

Take inventory of the items you have chosen to store outdoors. Use the list to determine when to order new materials or when to inspect them. The list you compile should indicate the types of items stored outdoors and their exact location.

Security Lights

Install security lights near the items of value that are stored on your property. The lighting will make the outdoor premises safe for you and your employees to access when it is dark out. The lighting will also deter theft and vandalism from occurring on your property.

Fencing

Consider the benefits that fencing materials can provide. If you have a new HVAC condenser unit or another high-priced piece of equipment installed outdoors, adding new fencing materials will protect it from theft or damage.

The addition of fencing will increase the value of your property. Research various types of fencing to determine which materials will work best to protect the items you have chosen to store outdoors.

Coverage

Explore insurance products that will protect the items stored outdoors. Take the time to compare the insurance products that interest you.

Contact Amerisent Insurance

Once you have decided which items to add to your new insurance policy, contact one of our agents in Las Vegas, NV. An Amerisent Insurance agent will help you select the coverage you need for each item that will be stored outside on your business property.