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Protect Your Family’s Future With Life Insurance

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One of the most effective ways to safeguard your family’s future is through a life insurance policy. If you reside in Braselton, GA, reaching out to us at Bingham Insurance Group can set you on the path to the proper coverage. Our dedicated agents will provide advice tailored to your unique situation, ensuring you get the best life policy to meet your specific needs and objectives.

Is Life Insurance Necessary for Everyone?

Most people derive value from a life insurance policy. If you have a family or loved ones you wish to provide for, a life insurance policy can offer them financial support after your demise. Even if you don’t have dependents, these policies can assist with final expenses and estate settlement upon your passing.

Understanding Whole Life Policies

A whole life policy remains valid as long as you pay your monthly premiums. Additionally, it offers the option to borrow against it while you’re still alive.

Deciphering Term Life Policies

A term life policy is valid for a predetermined term. It doesn’t offer the option to borrow against it, but it’s generally easier to acquire than a whole life policy. Regardless of the type of policy you choose, it’s advisable to review it with your agent annually to ensure it continues to meet your needs.

Reach Out to Us Today for Peace of Mind

Contact us today at Bingham Insurance Group if you’re in Braselton, GA, and seeking quality life insurance. We understand the importance of securing your family’s future. By collaborating with an agent, you can comprehend your options and select the policy that provides the level of protection your loved ones require.

What Auto Insurance Does Uber, Lyft, and Other Rideshare Drivers Need?

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When ridesharing companies became a multi-billion dollar business, insurance companies adapted to include them. Drivers transporting passengers using their vehicles need auto insurance, and Bingham Insurance Group can help. Here are the insurance options for rideshare drivers in Braselton, GA.

What Auto Insurance Should You Get?

Commercial auto insurance coverage made room for rideshare drivers. It covers injury, property damage, and car damage for drivers who operate company cars for business purposes. Companies with commercial auto insurance will treat your vehicle like a company car by adding your make and model to their existing plan. A second option is purchasing commercial auto insurance for the ridesharing side job. Rideshare insurance is the last option.

Because your vehicle doubles as a company car, you must choose between commercial or rideshare insurance. Buy commercial auto insurance yourself if the company requires you to have it. Otherwise, let the company add you to their commercial auto insurance policy.

Rideshare insurance is a good choice if you are not required to buy commercial auto insurance. Rideshare insurance offers more protection by filling the gaps standard and commercial auto insurance don’t cover. In Georgia, rideshare insurance can act as a gap or standalone insurance. The answer depends on which partner carrier you select.

Can You Use Standard Auto Insurance to Cover Business Use?

No. Traditional auto insurance is for drivers who use cars for personal use. However, you can add the gap version of rideshare insurance to existing auto insurance.

Your car takes you to the store, medical appointments, school, work, and back home. When the vehicle becomes your job, it’s an entirely different game. With ridesharing, there’s a thin line between personal and business use. Our team at Bingham Insurance Group will find the coverage that suits your business venture. For more information on insurance coverage for ridesharing drivers in Braselton, GA, contact us.

Errors and Omissions Coverage in Georgia

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p>In many professions, mistakes are costly. Not fulfilling a contract can get you sued. And in Georgia, errors and omissions (E&O) are especially prone to going to court.

That’s why at Bingham Insurance Group, serving Braselton, GA, and the state, we recommend that all of our clients who are in business for themselves, accountants, tutors, caterers, remodelers, insurance brokers, trainers, and nutritionists, among many others, avail themselves of E&O coverage.

Certain professionals, like lawyers and doctors, are statutorily required to carry malpractice insurance in Georgia. Architects and engineers carry professional liability insurance. Coverage for other professions and services is known as E&O. E&O is not required by law, but it is always a good idea to have it.

What kinds of situations are covered by E&O?

  • You are a wedding photographer, and your film is spoiling.
  • You are a cake decorator, and you discover you misspelled the honoree’s name at the last minute.
  • You are remodeling a bathroom and putting the hot and cold water connections in backward.
  • You are an insurance agent, leaving an insured’s name off the policy.
  • You are a beautician who accidentally turns your client’s skin purple.
  • You are a writer and accidentally publish someone else’s words as your own.

You are covered for honest mistakes. You are not covered for intentional errors. You aren’t covered for illegal acts. You aren’t covered for bodily injury to another.

But you can get affordable coverage from Bingham Insurance Group the same day you come in. We need your registered business name, your registered business location (you can be in Braselton, GA, or anywhere in the state), your business license numbers, some basic information about your employees and revenues, and an understanding of what you do.

We can help you find affordable E&O insurance. Call us today!

Tips for making your home a safer place inside and out

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Ensuring Home Safety with the Right Insurance Coverage

Home is a sanctuary, representing safety and comfort. Ensuring safety at home means different things for everyone, but one universally beneficial measure is securing the right home insurance. The team at Bingham Insurance Group in Braselton, GA, would be happy to discuss our wide range of home insurance products that help you safeguard your happy place.

Home Security System

Safety begins at your front door. Modern home security systems are quick to install, requiring minimal tools and technical know-how. They are affordable and conveniently connected to your mobile phone, allowing you to monitor your home from anywhere.

Motion Detection Lighting

Installing motion detection lights outside your home can deter potential intruders who may try to approach in the dark. These lights can also scare away wild animals and allow you to see your surroundings.

Locks

Install locks on your doors and windows for effective security. Use these locks daily, regardless of where you live, to maintain effective security.

Smoke Detectors

Smoke detectors are crucial safety devices for every home, potentially saving lives in emergencies. Keep a fire extinguisher on every floor in easily accessible locations when needed.

At Bingham Insurance Group, an independent insurance agency in Braselton, GA, we offer experienced staff and multiple carriers to discuss your current home coverage.

Should College Students Have Renter’s Insurance?

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If you have or are a student heading to college, you certainly have a list of things you need. It would help if you got classes scheduled and books procured, and you may need an apartment. Of course, you can add furniture, a computer, kitchenware, bedding, and more.

If a student rents space while attending school, you should also ensure that you have renters’ insurance.

At Bingham Insurance Group, we serve the Braselton, GA, area with a full line of personal insurance products, including renters insurance.

Here’s why you may need it:

The landlord doesn’t cover your personal items.

A landlord’s insurance policy does not cover a tenant’s personal items. This is up to the renter, and renters’ insurance is how to get covered.

Your landlord could require it.

More landlords and property managers are requesting that tenants carry renters insurance. They may even recommend an agent, but you make that choice.

Renters insurance covers your personal property.

Renters’ insurance can cover personal items that are stolen or vandalized. They may also be covered while your student is traveling. Certain electronics may be limited.

Liability insurance is included.

Renters insurance often provides liability insurance should a visitor or delivery person become injured while at the rental property.

Contact Bingham Insurance Group for a quote today.

Remember that the renter’s insurance covers the insured’s personal property. This means each tenant should have their own policy.

Contact us at Bingham Insurance Group of Braselton, GA to get a quote on a renters’ insurance policy. We look forward to helping you get your college year off to a great start.

Why Liability Protection is so Valuable

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Ask most homeowners around Braselton, GA, about what home insurance protects against, and they are likely to mention issues like storm damage, fires, theft, or even vandalism. However, Bingham Insurance Group of Braselton, GA, wants you to be aware of a critical part of your homeowner’s insurance: the protection afforded to you by the liability insurance coverage of your home insurance policy.

What is Liability Insurance?

Liability insurance offers financial protection should someone become injured or suffer other losses while they’re on your property. As a homeowner, you have a basic responsibility to ensure the safety of visitors, and if they were to get injured, you might be held financially responsible.

Examples of Liability Risks

Liability risks at your home can range from pet and dog bites to slips and falls from a cracked walkway or a piece of loose carpeting. You could face a liability claim from a friend, relative, neighbor, or even a delivery person or yard worker. Even items as seemingly simple as a backyard swing set can be a source of a liability claim.

Why Liability Protection is so Important

Liability protection is important because claims can be significant. Settlements can be large, and the legal costs associated with these claims can also be substantial. Homeowners insurance liability coverage takes care of settlement amounts and legal costs.

Learn More at Bingham Insurance Group

If you’re a homeowner in the Braselton, GA, area and have questions about homeowners insurance, we invite you to contact Bingham Insurance Group. We can answer your questions, review your current home insurance policy, and provide you with a potential money-saving price quote.

Ensure that your homeowner’s insurance, including your liability coverage, is up to date by contacting Bingham Insurance today.

How to Set a Deductible for a Motorcycle Insurance Policy

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Georgia law requires Braselton, GA motorcycle owners to buy motorcycle insurance. However, you can choose the deductible you set on collision or comprehensive coverage. Understanding how this works can help you set a limit that’s the best option for your financial situation.

What is a Deductible?

Your deductible is the amount you’re willing to pay out of pocket if you’re involved in a motorcycle accident. You can typically set a deductible from $0 to $2,000, with the most common options being $500 and $1,000. 

Before your insurer provides compensation, you’ll need to pay your deductible limit out of pocket. For instance, if you set a deductible of $500 and damage from an accident comes to $2,000, you’ll pay $500, and the insurer will pay the other $1,500. On the other hand, if your deductible is $1,000 and the damage comes to $900, you’ll pay the full bill out of pocket. Thus, you should avoid setting a deductible higher than you can afford. While motorcycle insurance costs less if you have a high deductible, the long-term cost of paying for expensive repairs may not be worth the temporary savings.

Expert Insurance Help from Bingham Insurance Group

It can be hard to know which deductible limit is right for you. Your motorcycle’s age, how often you ride it, and other factors will determine which deductible works best for your situation. Thankfully, you don’t have to figure it all out on your own. Bingham Insurance Group in Braselton, GA, has the experience and expertise you need to pick the right policy for your motorcycle. Call us at your convenience to find out more or to get a policy quote.

Boat Insurance Add-Ons: Different Ways You Can Enhance Coverage

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Watercraft are one of the few vehicles that can be especially open to damage, especially if you have your boat docked or in a place on your property where the great outdoors could pose a risk to it. Ensuring it’s insured is an excellent first step if you plan on taking it around some of the lakes near Braselton, GA. That said, boat insurance might not cover all the potential risks to your watercraft. While boat insurance will typically cover bodily injury liability, damage done to your boat, or damage done to someone else’s property, it doesn’t cover everything. Here’s why you might wish to consider improving your coverage with add-ons and how we at Bingham Insurance Group can help you ensure your watercraft is covered correctly. 

What Boat Insurance Add-ons Might I Consider to Enhance My Coverage?

Individual needs will vary from boat owner to boat owner, but there are several add-ons that prospective policyholders can select from if they’re looking to maximize their coverage. Some of the more popular boat insurance add-ons that could prove valuable in the future include total loss replacement (covers the whole cost of your boat if you need to buy a new one), on-water towing for when you get stuck on the water and need a hand, boat contents insurance, and even coverage that can help you stay financially afloat if you collide with another boat (especially one that’s not insured). So many potential issues could arise when you’re out on your boat, so why not take extra care to keep yourself covered in any situation with the right add-ons? 

Get a Quote With BIG 

If you’re a boat owner in the Braselton, GA, area or surrounding areas, Bingham Insurance Group is your go-to source to find the right watercraft policies for your boat and belongings. Get your quote with us today!

Why Umbrella Insurance Is So Important

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Home and auto insurance policies are great for standard coverage, but sometimes, you might need an extra layer of protection, particularly in the form of liability coverage. An umbrella policy becomes the perfect solution in such cases. At Bingham Insurance Group in Braselton, GA, we’re here to enlighten you on how this often-overlooked insurance can help strengthen your financial safety net.

Why is Liability Coverage Crucial?

Liability coverage is imperative for home and auto insurance to protect you. Unfortunately, most home and auto policies don’t include extensive liability coverage. An umbrella policy adds considerable liability coverage to both of these policies simultaneously, thus giving you broader protection.

This coverage becomes vital when accidents occur involving your home or vehicle. It takes care of the ensuing bills, which might lead to you solely bearing the considerable expense if left uncovered.

How does Umbrella Insurance Function?

Umbrella insurance operates by having a significantly higher liability maximum payout as compared to most home and auto policies. When an accident transpires, your home or auto policy pays initially up to its maximum payout. After this, your umbrella policy caters to the remaining costs. This prevents you from incurring expensive overages that you’d have to pay out-of-pocket.

Secure Your Financial Future with Umbrella Insurance

Umbrella insurance is a practical way to secure your financial future. To get started with your policy, reach out to us at Bingham Insurance Group in Braselton, GA. Let us help you put the extra layer of protection you need in place.

Don’t Be Overwhelmed by the Flood

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Floods are scary, period. They are also destructive, dangerous, and expensive. Fortunately, flood insurance can help with some of those concerns, such as destroyed items and cleanup costs. Those are also a few of the reasons why Braselton, GA businesses and homeowners turn to the team at the Bingham Insurance Group to help keep their heads above water when the floodwaters rise.

Flood Damage Protection and Insurance

Some floods wipe out homes and present frightening power. These floods sneak up on us and leave thousands of dollars worth of damage in repairs and cleanup in their wake. The bottom line is that there is no such thing as a good flood, and every flood can overwhelm homeowners and businesses without the right flood insurance solutions.

We can do very little to prevent flooding, but we can prepare and take precautions. With the help of knowledgeable and helpful agents, the right flood insurance solutions can make it easier to pick up and carry on once the waters recede.

For All Your Flood Insurance Needs

The power and damage of a flood are difficult to describe, but those who have experienced flooding events appreciate and respect the harm and havoc they can cause. The good news is that we don’t have to experience floods to be better prepared for them, which is precisely what flood insurance does. 

If you live in or around Braselton, GA, and have questions about or need flood insurance, our friendly and professional team at the Bingham Insurance Group can help. Contact us to learn more and get the protection you need for all your flooding concerns today.