How much auto insurance is required in Georgia?

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Your ride around Braselton, GA can get complicated rather quickly if you lack the auto insurance needed to protect you from financial loss in an accident. Call the agents of Bingham Insurance Group before you find yourself in a bind. Read on to learn about Georgia auto insurance requirements!

Georgia is not a “no-fault” state

The region does not recognize the notion of both parties paying equal amounts in an accident regardless of who is to blame. In Braselton, GA and throughout the state, the driver who is 50 percent to blame is responsible for paying for all bodily injuries and property damage caused by the incident. In addition, you cannot sue someone else involved in an accident if you are majorly to blame for the collision. You, therefore, may find yourself in financial turmoil if you are in an at-fault accident while uninsured.

Georgia minimum requirements

Drivers are required to have at least $25,000 of coverage for bodily injury per person and $50,000 for the same per accident. You must also have $25,000 worth of coverage for property damage per accident.

Of course, satisfying the minimum does not mean that you are immune from lawsuits. You may still find yourself the subject of a legal battle if the damages exceed your policy’s limits. It is for this reason that you should consider buying more than the state minimum requires.

The agents at Bingham Insurance Group can work with your preferences to determine the type of auto insurance plan that works for your life. They have been in the indemnity business for many years and can explain the ins and outs of auto assurance. Contact them today to get started with a quote!

Commercial Insurance Add On to Consider

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Your business is more than just your livelihood. It is the livelihood of potentially dozens of other individuals. You’ve put a considerable amount of your personal sweat into building the company up, which is exactly why you need to properly protect it with commercial insurance. While you may have basic coverage there are a number of commercial insurance add-ons you’ll need to consider. So if you live in or around Braselton, GA, Bingham Insurance Group is here to help.

Business Liability Insurance

Lawsuits can come from all corners. If you are a manufacturing business and a customer believes your product did not live up to its promise, they may attempt to file a lawsuit. If you are a contractor and the services you provided end ups causing further damage, there may be a lawsuit. Even if the lawsuit does not have concrete backing, hiring lawyers every time a suit comes about is expensive. Business Liability Insurance will help with this. 

Worker’s Compensation Insurance

If you have employees you need to consider worker’s compensation. In the event of a worker being injured on the job carrying out their daily duties, you and your business are responsible for the covering costs associated with these injuries and time away from work. Paying for this out of pocket is extremely expensive. That is why worker’s compensation insurance coverage is a valuable addition to consider

Not all commercial insurance add-ons are right for every business. The kind of protection your company needs is not always the kind of protection the next business needs. That is why to determine which coverages work best for your company you need to talk to commercial insurance experts. When living in or around Braselton, GA, the team at Bingham Insurance Group is here to help.

Factors that affect your homeowners policy

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When it’s time to buy homeowners insurance, there are quite a few things that can affect the price and even your ability to get coverage. Some things are beyond your control, but others are controllable. By understanding what these factors are you can take the necessary steps to be sure that you get the coverage needed at an affordable price. Before you go into the office or call Bingham Insurance Group in Braselton, GA, it is a good idea to make sure you have addressed all the issues that could be bad for your rate.  

Factors that affect insurance

One thing that many people don’t take into account is their credit rating. It changes the rate that you pay for coverage. Take a good look at your credit report and fix any errors that may be on it. You will be glad you did.

Some of the things that make your home desirable are things that can make it expensive to buy homeowners insurance. Having a pool or spa is a liability. You can correct this by making sure that your yard or pool area is fenced making it less accessible to uninvited guests.

Making sure that your home is in good repair can save you money and keep your insurance from dropping you. Some insurance companies do unscheduled drive-by inspections, and things like missing roof shingles or tiles, loose masonry, or overhanging branches are considered hazards.

The amount of crime in your neighborhood and the location of the nearest fire hydrant are factors that underwriters take into account. You can’t do much about them, but you can offset them by choosing a higher deductible.

When you are ready to get your new homeowner’s policy, Bingham Insurance Group in Braselton, GA will be there to help you find the best coverage for your needs.