Month: September 2017

In Laurel, MD: When Is Comprehensive Insurance Required for a Vehicle?

Posted on by AgentInsure

In Laurel, MD, the agents of Mid Atlantic Insurance Financial offer all types of auto insurance to ensure you receive the type of coverage you need. Whether you are looking only for the most basic of policies, or require a comprehensive policy that protects you against a variety of risks, they can help you get exactly what you’re looking for.

The Benefits of Comprehensive Coverage

Comprehensive coverage protects you from financial loss if your car is damaged in any way except for a collision. Theft, flood, fire, and vandalism are some of the most common causes of damage. It also covers hitting an animal or if the car is stolen. Comprehensive insurance is designed to cover the small things that you normally don’t think of when it comes to auto insurance. Most people are worried about collisions or other types of accidents when in reality, it can be the smaller events that do the most damage.

When Is It Required?

If you own your vehicle, you can purchase whatever type of insurance you want. If you are leasing or have a loan on your vehicle, the lending institution will require you to carry full coverage to protect them from any type of loss if the vehicle is damaged or stolen. Full coverage is a combination policy that includes both comprehensive and collision, covering almost every type of damage that could detract from the car’s value. 

The agents of Mid Atlantic Insurance Financial offer residents of Laurel, MD comprehensive auto insurance coverage to protect them from financial loss and hardship. If you have questions about your existing policy or want to learn more about the different types of available insurance, call their office today so you can get answers.

In Laurel, MD, What Types of Commercial Insurance Are Available?

Posted on by AgentInsure

The agents of Mid Atlantic Insurance Financial offer business owners in Laurel, MD several types of commercial insurance policies to choose from. The type of business being insured will determine which policies are the most beneficial. It’s important for the business owner to know what their financial risks are and how they would be affected by any type of loss. This will show them which policies are best suited to protect their investment.

Knowing What Is Needed

The size of your business will play an important role in the type and amount of insurance you purchase. How many employees do you have? Do you own company vehicles that are used during the daily operations of your company? Are your employees at risk during the performance of their duties? All of these questions will help you determine what insurance is needed to protect your commercial investment.

What Types Are Available?

There are several types of business or commercial policies that can protect you from various types of loss. Commercial fleet insurance is used to cover vehicles. Worker’s compensation insurance protects your workers (and you) if they are injured on the job. A comprehensive umbrella policy may be beneficial if your business has a wide variety of things that need to be covered.

Business owners throughout the Laurel, MD area are encouraged to call Mid Atlantic Insurance Financial if they have any questions about the commercial insurance they have in place or if they are interested in purchasing a new, more complete policy. The agents can evaluate the financial health of your business and fit you with a policy that meets your needs and protects you from any type of loss.