Buying a home? Here is what you need to know about home insurance

One of the best long-term decisions that you can make would be to buy a home. Not only is a home a great place to live, but it also provides you with a way to build personal equity. When you are looking to buy a home, there are many important factors to consider. One of the most important factors to consider is what you will do for insurance. There are many things that you need to know about home insurance when you are shopping for your policy.

It’s Required

One of the most important things to remember about home insurance is that it is normally required for you to have it. If you have a mortgage or live in any type of association, having a home insurance policy in place at all times is a necessity. Those that do not have a home insurance policy will find themselves out of compliance with these regulations and could be penalized.

Variety of Protection Types

When most people think of home insurance, they naturally think about having coverage if their home is damaged in any way. While this type of coverage is important, there are other types of important coverage as well that come with home insurance. A good home insurance policy in the Brecksville, OH area will give you liability coverage and protect your personal property.

Once you are ready to start looking for a home in the Brecksville, OH area, you should contact Ganley Family Insurance. The team at Ganley Family Insurance can provide you with a variety of great services to ensure you get into the policy that is right for you and your situation. This will give you peace of mind that you and your valuable assets are protected. 

Does Auto Insurance Cover Specialty Parts?

Auto insurance covers a wide range of things and if you name them on your policy, it may also cover your specialty auto parts. For those that live in the Brecksville, OH area, the agents with Ganley Family Insurance can help you find the policy that works best for you.

Auto policies cover all aspects of your car, including specialty parts. When it comes to specialty parts there are some different things you have to do however to make sure your parts are going to be covered. First off, if you make any modifications to your car that adjusts or changes the value of your car, you must let the insurance company know so that they can then adjust the overall value of your car and the amount of coverage that is on the car.

 A good example is if you have a car that is worth $25,000 and you put after market parts on it that increases the value of the car to $35,000. A basic policy would go by the age of the car, the make, and the model to select the coverage, you would need to then adjust the coverage to reflect the positive changes that the modifications made so that you can insure your car for $35,000 instead of $25,000 that the make and model suggests. Making sure that you list the value of the car, and you list the modifications you have made is the best way to be sure that your car specialty parts are going to be covered. Taking the time to list these changes is going to make the most comprehensive auto policy you can get.

For those that live in the Brecksville, OH area, the agents with Ganley Family Insurance can help you to find the policy that is right for you.

4 Benefits of Renters Insurance

No matter where in the world you reside, purchasing renters insurance is something that should be thoroughly considered. Although it is one of the least commonly utilized types of insurance, there are actually a variety of benefits associated with purchasing a renters insurance policy. The following is a closer look at 4 of the top benefits of renters insurance for residents of Brecksville, OH. 

Protect Your Belongings

While the owner of your home or apartment building will be held financially liable for certain things, your property is usually not one of them. However, by purchasing renters insurance, you can ensure that your property is protected against an array of potential issues.

Temporary Living Expenses

Furthermore, if your home were to become temporarily uninhabitable, renters insurance is a great method of covering these costs.

Protect Belongings Left in Car

Another benefit of renters insurance is that it can protect the belongings left in your car. While your auto insurance policy likely won’t cover these things at all, having a renters insurance policy can help pick up the slack.

Medical Bills

Moreover, if someone becomes injured on your property, you could be on the hook for costly medical bills. However, by purchasing a renters insurance policy, you will have the necessary coverage to avoid such costs.

Overall, for residents of Brecksville, OH, Ganley Family Insurance is a great option for purchasing renters insurance. No matter how big or small your home or apartment may be, Ganley Family insurance has you covered. Simply contact them today to find out how you can start your policy at once and hopefully save some money in the process.

Boat Insurance When Renting: What are the Option?

During the summer, residents of Brecksville, OH may rent high-quality boats to go out on one of the many lakes in the area. However, what happens if these individuals crash a boat? Will they have to pay for the damage? Here’s what we at Ganley Family Insurance can tell you about boat insurance when renting a vessel.

Peer-to-Peer Coverage Helps Protect Against Loss

Typically, companies who rent boats and other types of vehicles for temporary use use what is known as a peer-to-peer policy to protect their investment. This policy goes into effect when they let another individual use the boat for a fee. Essentially, it pays for issues caused by a person while renting a vehicle.

In this way, an individual can protect their boat when somebody takes it out on the lake. Just as importantly, people renting these boats are protected from having to pay excessive money to replace a boat or repair it after causing damage. Lawsuits and other issues may occur, however, but the boat owner is protected with liability coverage.

Issues Covered By These Policies

Multiple issues may occur while somebody is renting a boat. For example, the hull may become damaged, as well as the equipment. Peer-to-peer policies will cover these problems. These policies will also cover the actual cash value of the boat, the well-being of the boat owner, the medical costs associated with injuries, and more.

The liability coverage is particularly important in this type of incident. Typically, peer-to-peer rental coverage pays for injuries to those who didn’t cause the accident as well as those who did. The reason or this is simple – the injured individual may try to sue for damages if liability coverage didn’t provide them with payment.

Protect Yourself Today

So anybody who owns or rents boats in Brecksville, OH should contact us at Ganley Family Insurance to learn more about these coverage options and how they can affect their summer fun.

3 Safety Tips for Motorcycle Road Trips

By preparing for your motorcycle road trip in advance, you can avoid problems that could take the joy out of your travels. Planning ahead gives you time to service your bike, choose safe routes and check with your Ganley Family Insurance agent to see if you need to update your motorcycle insurance coverage. Before hitting the road this spring, consider the following safety tips for a smoother road trip.

Prep Bike and Gear 

Long distance travels can take a toll on your bike, especially if you get caught in inclement weather. Before hitting the road, take time to service your motorcycle to make sure it’s in mint condition. Ask your mechanic to check your fluids, valves, fuel system, electrical system, tires, etc., and give you an "all clear" before leaving the city.

Check your safety gear to ensure you have what you need for the road, i.e. helmet, riding boots, jacket, gloves, neck wrap, goggles, earplugs, etc. Don’t forget to pack rain gear in case you run into stormy weather.

Plan Routes Well

Plan your routes well to avoid problems with construction or getting stuck in the middle of nowhere. If you’re leaving the Brecksville, OH area for uncharted territory, make sure your GPS system is working properly so you don’t get lost. Look for routes that offer beautiful scenery, great road quality and the amenities you desire for safety and comfort. 

Drive Safely

Take your time to enjoy your road trip to the full. Drive safely, defensively and well within the speed limits of the roads you travel. Stop as often as necessary to rest and recuperate so you can stay alert and focused when you are riding.

For quality motorcycle insurance to protect you during your travels, contact your Ganley Family Insurance agent in Brecksville, OH.

Umbrella Insurance Options for Daycare Centers

Brecksville, OH daycare centers need to purchase many insurance coverage options to stay safe and protected. However, few understand the benefits of umbrella insurance, an oversight that we at Ganley Family Insurance hope to correct here.

Daycare Insurance is Diverse

A high-quality daycare should take out multiple forms of commercial insurance to ensure that it doesn’t suffer from any financial problems. Just a few forms of insurance that you should consider for your daycare center include:

  • General liability
  • Premises liability
  • Professional liability
  • Commercial vehicle liability
  • Corporal punishment liability
  • Abuse and molestation liability
  • Umbrella insurance liability

Each of these coverage options protects your daycare center in unique ways. For example, corporal punishment liability kicks in when one of your employees – or you – is accused of spanking or hurting a child in your care. But what exactly is umbrella insurance?

How Umbrella Coverage Protects You

Though daycare insurance should protect most centers from serious issues, umbrella policies are a great extra protective step. Umbrella insurance is extra coverage that kicks in when your other policies are drained. For example, extra liability coverage will protect you if your normal policy doesn’t cover an injury to a child.

In essence, umbrella insurance helps daycare centers avoid serious financial disaster by providing more coverage on their most important elements. In this way, you can run your daycare center in peace and know that your livelihood is protected from serious financial loss.

Find High-Quality Coverage That You Can Afford

As you can see, umbrella insurance is a great choice for daycare centers. So if you live in Brecksville, OH and run a daycare, please contact us at Ganley Family Insurance to learn more. Our agents will find you an umbrella insurance policy that is right for your needs.

What You Need to Know about Condo Insurance

Condo insurance in Brecksville, OH can differ from a homeowners policy, so it’s important to understand the differences. This will enable you to know what is covered and what is the responsibility of your master association.

Why You Need Condo Insurance

The HOA insurance may protect the outside of the building, but you need condo insurance to protect the inside of the building, which can include the floor, ceiling, and walls. You need it to protect your belongings. The insurance through your HOA won’t protect furniture, clothing, or electronics, and if your possessions are damaged or stolen, you need to file your own claim through your agent at Ganley Family Insurance. You also need insurance to protect you if someone gets injured in your condo. The master policy will cover if someone gets hurts in common areas, but what if someone falls on your staircase? If you aren’t able to live in your condo due to damage, then your personal condo policy will pay for expenses for you to live somewhere else. If damage exceeds the HOA policy, you may have to contribute to making up the difference. If you have loss assessment coverage as part of your personal policy, you can get some coverage to pay for this.

What Does It Cover?

Condo insurance will cover fire and smoke, explosions, theft, vandalism, lightning, wind, and hail, but will typically not cover floods, earthquakes, internal injuries to others, wear and tear, and damage from underground water.

In order to determine how much coverage you need, take a home inventory and also review your master policy. HOA plans can vary on what they cover inside. Some may cover lighting and original cabinetry, but others don’t cover anything. If your HOA policy doesn’t cover anything, then you will need more insurance to be safe.

Contact Ganley Family Insurance serving Brecksville, OH to get a quote on condo insurance. 

 

Types of Life Insurance

Life insurance is meant to protect the financial needs of your loved ones when you are gone. The type of coverage as well as the amount will greatly depend on your needs and circumstances. If you are in Brecksville, OH, Ganley Family Insurance can help you make an informed choice on which type is best for you. Below are the two major types of life insurance to choose from.

Term

This type of life insurance policy pays out only if death was to occur during the period of coverage, which usually lasts up to 30 years. The death benefit is paid out either as a monthly payment, lump sum, or an annuity, although people mostly go for the lump sum.  There are two primary types of term life policies namely; decreasing term and level term. In level term insurance policy, the value of the death benefit is maintained throughout the term. On the other hand, the death benefit in decreasing term drops during the policy’s term, typically in one-year increments. 

Whole

Also known as permanent life insurance, whole life insurance offers death benefit when you die, regardless of how many years you live. It also has a cash value component, which is an alternative to the death benefit. This policy is divided into three major types namely; universal life, variable universal life, and traditional whole life. The three have variations within them and it is important to consult a qualified insurance agent for a clear explanation and advice on which one best suits your needs.

When buying a life insurance policy, it is important to take your time and choose one that will work for your situation. Remember, there are policies that expire, those that are best for unhealthy or older individuals, and those that come with an investment kind of cash value. Also note that the cost of the policy you buy will depend on your gender, age, lifestyle, and medical history. Contact us at Ganley Family Insurance in Brecksville, OH for more information on the different types of life insurance.

 

 

Progressive home owners insurance: What you need to know!

Homeowners insurance is an agreement between you and your insurance company which basically covers your house, separated structures, lawsuits among others. Purchasing a progressive homeowners insurance policy is safe since it offers affordable and comprehensive homeowners coverage for most major risks including fire, theft, and flood among others.

Before settling down on a specific policy, it is important to understand what exactly you’re yourself to. The following guide will help you get a little knowledge on what you need to know about a progressive homeowner’s insurance cover.

1. Price. Various factors are considered when pricing homeowners insurance. Firstly, the size and cost of your home. Secondly, the materials used in constructing your home. Thirdly, your previous claims, and lastly the vulnerability of damages in your area and other safety features.

2. What is covered? Basically, there is a standard homeowners policy which is offered in most states. Nevertheless, it does not cover every aspect of your home. The standard coverage only shields your house, structures not attached to your house, your personal property not inclusive of your expensive items, temporary living expenses, injury on your property and lawsuits. Any other costs and items will need add-on coverage to cater for the expenses in case of perils.

3. Making a claim. Before making a claim, it is necessary to understand that there are some out pocket expenses that you will incur, the main payment being the deductible which is payable if you have another claim or if your home is damaged. Purchasing homeowners insurance cover with a company that has good reviews and great customer service will save you in case you have a claim to process since it’ll be handled efficiently without any headaches.

At Ganley Family Insurance in Brecksville, OH,  we offer great policies for major perils with great customer service. Call us or visit us today for an experience like no other.

Gain A Better Auto Insurance Policy With Ganley Insurance

Ganley Family Insurance in Brecksville, OH.  Our customers and the residents of Ohio are very important to us here. Valuing insurance is an extension of how we value our community, our property, our homes, and our lifestyle. Located Just 20 minutes away from Cleveland,  Ohio we are eager to serve all of your insurance needs today.

 Ohio FAQ’s

Two Ohioans And A Tree

Did you know that our fair state is credited with having the very first automobile accident? In 1891 two Ohioans in Ohio City ran into a tree.  By the same token, Ohio is credited with writing the first auto insurance policy. A wrong rated. In 1897 the first auto insurance policy was written in Dayton, Ohio. Here at Ganley  Family insurance, we continue to make good on Ohio’s word.  We’ve been trying to make up for it  by offering awesome insurance. 

One Half Of A Year Makes A Real Difference 

While we are not certain of the age of those drivers, we hope that they fared well and were adults. Though each state is different in their minimum age requirements for eligibility for driving learners permit, (temporary instruction permit) we especially like the fact that Ohio residents must be 15 1/2 years of age before they are issued a learners permit. Six months makes a huge difference in maturity and driving responsibility.  If all of the requirements are met drivers are able to receive a provisional license at the age of 16.

If you are ever in Brecksville OH, look us up.  We’d be more than happy to show you a professional, yet family oriented atmosphere while we deliver conscientiously ethical service to you and your family.