From a hometown feel to some major safety aspects, there are many reasons to choose an independent insurance agency. While there are many reasons, we broke the list down into what we believe are the top five reasons to work with an independent insurance agency in Cleveland. This list simply tells you what the typical smaller, independent insurance agency will be able to offer, but it is important to keep in mind that every insurance agency is different.
When an insurance company makes a mess of something, you definitely want them to be held liable. This may not always be the case if you are insured through a bigger name agency that has a lot of power and resources. They are able to protect their company better than a smaller agency and therefore will typically not end up liable for said mistakes. This means that a lot of the liability could end up falling in your lap. Independent insurance agencies definitely offer a safety that is not typically found at larger name/chain agencies, which is why we think this is an important one to add to our list of five reasons to work with an independent insurance agency in Cleveland.
Multiple Things in One Place
Independent insurance agencies typically have more of a range of coverages that they offer. By this, we mean that there are many independent agencies that will provide home insurance, business insurance, life insurance and more all through the one company. This just simplifies things for you, as a consumer, because you do not have to search for individual agencies for each insurance need that you have. This makes it easier on you with paying bills, getting in touch with questions/concerns, and makes your overall experience simpler, which is why we put it on our list of five reasons to work with an independent insurance agency in Cleveland.
Small Business Feel
Let’s be honest, there’s just a special kind of comforting feeling you get when you know the people who are dealing with your property. You don’t get this feeling with big-name insurance companies, but with smaller independent insurance agencies, you can get to know the people you are placing your trust in, and they can get to know you personally as well. This, again, just gives you a safe feeling that you can’t get elsewhere. With this being said, the insurance agency probably has a better idea of local threats to your home, car, etc. and this is extremely helpful when you want to have adequate coverage. This means that if, for example, you live in a place that has a high risk of flooding, the agency will recognize this and give you more coverage in this area. Another example could be if you live in an area that has a high traffic-accident rate, the agency would know to recommend more car insurance coverage, simply because they live where you live and understand what you need.
Going along with the hometown feel, availability is a huge reason that any people choose independent agencies. As a customer, you want an agency that will be attentive to your needs whenever they arise. This is definitely harder for larger companies, as they have more clients and can not always get to every claim or question right away. If, for example, you have major damage to your car and need your claim checked out right away in order for you to get your car fixed, then you would definitely want to have coverage from an independent agency that could get your claim taken care of right away. If having your questions answered or your claim taken care of right away is important to you, then you will definitely want to lean towards an independent insurance agency. Because this is usually on so many peoples’ list of things they want in an insurance company, we thought it deserved a spot on our list of five reasons to work with an independent insurance agency in Cleveland.
Many smaller, local agencies do things to give back to the community that they are based in. By doing business with a local agency, your money is going to them but there is a good chance that some of your money will be invested back into your community. This allows you to get all of the benefits of an independent insurance agency all while feeling good about it because you know that you are also investing into your community. Everyone loves to feel like they’re helping someone else, which is why we put giving back on our list of five reasons to work with an independent insurance agency in Cleveland.
Now that we’ve summed up our five reasons to work with an independent insurance agency is Cleveland, we hope that you have a better understanding of the differences between larger-name insurance agencies and smaller, independent agencies. It is important to realize that each person has different, individual needs. These five reasons to work with an independent insurance agency in Cleveland were simply to state some reasons that the people who prefer independent insurance agencies lean towards the independent agencies. It is important to remember that not every independent insurance agency has the values on this list, but this is simply a list of five things that most independent insurance agencies are able to provide. It is very important to do further research on individual companies.
When running a business that centers around transporting goods, there are a lot of important factors to consider. The first thing to think about is the fact that a truck, just like any other vehicle, needs proper insurance coverage. The last thing you would want is for one of your drivers to get into an accident and get hurt, hurt someone else, damage your truck, or damage another person’s vehicle. Issues with this can be solved by having the proper insurance in place ahead of time. Another thing to think about is the fact that there is a good chance that the cargo that your trucks carry is valuable and should also be protected. These are both extremely important and just a few of the things to consider when asking yourself why your trucking business needs insurance. In this article we will be breaking down some of the types of coverage that we think are most important for you to look into when trying to protect your Ohio trucking insurance.
Coverage to Look Into
Commercial Truck Liability Insurance:
Similar to car insurance, this protects your commercial truck from liability in the case of an accident. Having this coverage also will cover medical expenses, again in the case of an accident, and will protect you from property damage liability. Traffic accidents are not uncommon, and this should definitely be kept in mind when considering why your trucking business needs insurance. It is important to realize that traffic accidents happen every day and with having a business where employees are using very large trucks, it is important to be aware of the danger and damages that could be caused by such a large vehicle.
If your trucking business is carrying things, which is the case for just about every trucking business, then you’ll want cargo insurance. Because carrying the cargo is what is making your business money, you’ll want that cargo protected. This is a huge policy to consider when thinking about why your Ohio trucking business needs insurance, especially because getting the cargo safely from point A to point B is, essentially, what your company is being paid to do. For example, if a company pays you x amount of dollars to move their product from California to Ohio and your driver was to get into an accident that damaged the product, you could get yourself into a lot of liability issues with the cargo as well as not having completed the work that your company was paid to do. In a situation like this, it emphasizes how vital insurance really is. It is better to be safe than sorry and better to be overly prepared than to find yourself in a situation that costs your company a lot of money, potential customers, and maybe even its reputation, which is why it made our list of things to think about when considering why your trucking business needs insurance.
Uninsured/Underinsurance Motorists Coverage:
Just like this policy does with personal cars, it will provide coverage in the case of an accident where the other person is at fault and does not actively have insurance. You do not want to be caught in a situation where one of your trucks is hit by someone without coverage that cannot pay the costs of repair. This could leave your company in debt, without a truck, etc. The best thing that could happen in a situation where one of your trucks is hit is for your company to have the precautionary insurance that will allow you a peace of mind as your drivers head out each day. This is definitely a type of coverage that will put you in a great and safe position and will have your company ready for just about anything thrown its way, which is why it is on our list of policies to consider when looking into why your trucking business needs insurance.
Physical Damage Coverage:
This coverage does what it sounds like it does, and that is covering damage costs. These can be damages from either a crash or things such as theft or damages that have been done on purpose. If, for example, someone has had a bad experience with your company and wants to do something to get back at you/your company, they might decide to purposely damage your trucks. Another example could be someone stealing a truck. In both of these cases, you would definitely be in a better position if you already has this coverage in place. It is all about preparation and deciding which coverage is actually necessary for your Ohio company, but it is definitely important to realize that unforeseen circumstances do arrive and the best thing to do is to prepare far in advance and have your company properly protected. Physical damage coverage is another one at the top of our list of what to consider when thinking about why your trucking business needs insurance.
Occupational Accident Truck Insurance:
What occupational accident truck insurance does, for the most part, is protect your employees. If you think about what the most important parts of your company are, employees are probably one of the first things that comes to mind. Employees are the ones that keep the company up and running, so it only makes sense to give them the coverage that they need. This policy will help employees who are injured on the job with medical expenses, disability payments/benefits and more. This is one you will definitely want to look into when considering why your Ohio trucking business needs insurance.
Wrapping it up
While we talked about multiple types of coverages in this post, there are many other types. No Ohio company is the same and it is very important to do additional research to find out what the best fit for your company is. It is important to keep this in mind when considering why your trucking business needs insurance. Be sure to reach out to us here at Cobos Insurance with any questions you may have!