Peter Laczko Insurance Inc. serves Woodstock, GA and the surrounding area with various types of insurance including worker’s compensation insurance. We’re asked frequently if the insurance is necessary and how it can benefit a business. You should always think "what if" rather than "it won’t" in terms of serious events, especially ones involving your employees. 

1. It Protects Your Employees. 

Worker’s compensation insurance protects your employees. If one of them should happen to get hurt, it takes care of their medical bills and will even cover the expense of their lost wages while they’re off work. Ultimately, the insurance helps your employees get back to work sooner. 

2. It’s the Law.

In many states, you must have worker’s compensation insurance as long as you have one employee. Always talk to your insurance representative to determine your business’ legal worker’s compensation obligations. If your employees travel across state lines, you have to be particularly careful of your policy, so make sure you stress this fact when you speak to a representative. 

3. Protect Your Business and Assets 

This particular insurance protects your business from a lawsuit if an employee should happen to get hurt on the job. If any employee would get hurt on the job and you didn’t have any worker’s compensation insurance, you’re putting your business and assets at risk since you’ll owe the expense. 

4. Cheaper Than a Lawsuit

A lawsuit can get quite expensive quickly, especially when medical bills are involved. For a small premium, you’re able to save yourself money in the long run if an employee would happen to get hurt. 

Contact us at Peter Laczko Insurance Inc., serving Woodstock, GA and the surrounding area, by calling 888-883-1650 or 678-833-2860 to get a quote for worker’s compensation insurance to protect what you value–your employees and business. 

Owning a property is a great way to build long-term wealth. Since it is such a big asset and investment, making sure that it is properly covered buy insurance is important. For those that are in the Woodstock, GA area, having flood insurance could be a great option. There are several situations in which someone in the city should have flood insurance to cover their property. 

Those in a Flood Zone

The first group of people that will need to have flood insurance are those that live in a flood zone. FEMA has established a flood zone map that clearly designates different zones and likely risks for areas being affected by a flood. If you live in an area that is considered to be high risk, your mortgage lender will be required to require you to have flood insurance if the lender is federally backed. In many situations, the mortgage lender will require you to escrow your flood insurance payments on a monthly basis.

Flood Control

Another situation in which you could need flood insurance would be if you do not have a good flood control system in your home. If you live in an area that is susceptible to rain, it would be a good idea to have flood damage insurance coverage if you do not have a sump pump or other reliable system. This will provide you with the coverage you need to repair your home in the event it is damaged by a flood.

When looking for flood insurance, Woodstock, GA area homeowners should reach out to Peter Laczko Insurance Inc. Peter Laczko Insurance Inc is a leading consumer insurance company that can help any property owner determine whether they should have flood insurance. They can also help to provide you with a quote to get the process started for getting the flood insurance coverage that is needed.

Peter Laczko Insurance Inc. Woodstock, GA has the job to determine how much insurance is needed to protect a car’s value. Insuring a car is a simple process as long as there is an agreement as to the car’s value.  For today’s cars, there are accepted standards to obtain value.  These rules are contained in Edmund’s Blue Book and the National Automobile Dealers Association (NADA).  However, classic car dealers start the valuation procedure of classic cars based on these standards.  

Before value indicators are determined fundamental questions must be answered or considered in determining the value of a classic or collector cars such as:

*  Whether collectors insure their classic cars.
*  Whether the specialty insurance premiums for classic cars are more than that of standard premiums.
*  Whether specialty insurance programs have a vehicle age cutoff?
*  Whether the collector car insurance companies impose mile restrictions.

But many other factors must be taken into consideration in evaluating a classic car.  If an accurate value cannot be determined, the car’s insurance value may be meaningless.  Even more challenging is determining the value of an antique car.

The other elements must consider:

*   Starting with the NADA Guide
*   Demand.  
*   Rarity. 
*   Restoration condition.
*   Current level of restoration
*   Project potential.   
*   Determine the popularity.
*   Assess the overall quality.
*   Check the condition.

From this list of qualifiers, hard numbers can be added up to reach a consensus value of a classic car.  Merely going to a classic car auction, while very insightful as to the issue of demand, is too personal because one number does not constitute an average and more importantly a median value. If you want car insurance, please call Peter Laczko Insurance Inc. Woodstock, GA

 

The life of a traveler has a tremendous appeal. The open road, seeing the county and meeting wonderfully interesting people. But before Woodstock, GA residents gas up an RV, there are some things to consider and the professionals at Peter Laczko Insurance Inc. are available to help you create an RV policy that makes sense for you.

Frequency And Use

Some RV owners utilize the vehicle only a few weeks out of the year. Others literally travel and live in it full-time. There is a significant difference in terms of policy needs between the two.

Part-time users are generally taking vacations and getaways. It’s a break from working life in many cases. Your policy should be consistent with temporary use and you probably won’t carry a tremendous number of valuables on such trips. Just make the numbers match up.

Full-timers may want to look into a policy that trends more toward homeowners insurance. In other words, items such as clothing, laptops, jewelry and personal items can be accounted for with the right policy. Full-timers really need a policy that provides coverage from the ground up.

Traveling Out Of The Country

Some policies stop at the border while others do not. If you plan to travel to Canada or South of the Border, it’s important to review that issue and perhaps revise the policy.

The Roads You Travel

Travelers understand that there is a significant difference between spending time in luxury RV parks and primitive state forest campsites. RV parks generally have well-paved roads and designated hookups. A mountain road can be hazardous and vehicle damage is something to consider. If you are a backwoods camper, check your coverage limits in terms of damage, towing and other thing associated with negotiating rough roads. Be prepared.

At Peter Laczko Insurance Inc. we hope these ideas prove to be thought-provoking for the Woodstock, GA community members we serve. Our professionals are available to create or update a policy that provides you with coverage suitable for your RV needs.

Some people believe that their landlord’s insurance policy provides protection for the renter, however, this isn’t the case. A landlord’s policy is designed to protect the owner of the building against damages and loss of income from circumstances that render the property unrentable. If you want peace of mind that your jewelry and collectible items are safe in the event of a fire or burglary, you need renter’s insurance. For a quote and state-specific information about renter’s insurance in Woodstock, GA, contact the Peter Laczko Insurance Inc.

In general, renter’s insurance in Georgia may cover personal property, liability, medical payments, and loss of use. Personal property coverage helps you replace your furniture, appliances, and clothes. Usually, Georgia renter’s insurance uses replacement cost coverage, which means that even if your furniture had lost much of its value before it was destroyed, you’ll get enough money so that you can replace the item with a similar quality product at retail cost. Liability coverage comes into play if someone claims that negligence on your part caused property damage or bodily harm. Regardless of whether this claim is true or false, liability coverage protects you financially. And in Georgia, the insurance company has the duty to defend, meaning that your insurance company pays out of its pocket to investigate a claim and for your legal defense, if needed. Medical payments coverage comes in handy when someone suffers a small injury in your home. For example, your guest may get cut while helping you wash dishes, and in this hypothetical situation, your medical payments coverage would pay for the injury without requiring a liability claim. Loss of use coverage comes in handy when you’re going through a situation where you aren’t able to use your home. If you’re getting asbestos removed from your home and you’re forced to live in a hotel and use a rental car, this coverage would help pay for those expenses.

For more specific information about Woodstock, GA renter’s insurance, call the Peter Laczko Insurance Inc. for a friendly conversation with a helpful associate.

 

Renters often underestimate the value of their possessions, and they believe that their landlord’s insurance will cover the costs of any damages they experience. It can be very expensive to replace damaged possessions, and the landlord’s insurance usually does not provide coverage for renters. The rental agreement generally stipulates this. Whether you live in Woodstock, GA or any of the nearby communities, the agents of Peter Laczko Insurance Inc. are available to help you learn about the protections you can get as a renter. The peace of mind that renters insurance provides justifies the nominal cost.

Renters could experience property damage from problems beyond their control. For example, if water leaks from another renter’s unit and causes a lot of damage, that renter may not have coverage to protect you. The renter would need insurance if a water pipe bursts within the their unit. A  washing machine hose could rupture, or a sink could overflow causing damage to the renter’s unit and other units in the building. If fire or a natural disaster causes damage to the renters property, the landlord’s insurance will not cover that damage either. A few natural disaster coverage provisions are considered optional coverage, and our office can discuss these.

Personal liability protection is another important reason for having renter’s insurance. If a visitor suffers an injury in the renter’s unit, then the renter can be held responsible for the injury. The renter could face a big medical bill for the visitor’s injuries. Renter’s insurance will protect against a lawsuit filed by the visitor.

The Peter Laczko insurance Inc. agency will explain the range of insurance options available for renters in Woodstock, GA or any nearby community. Call to find and out more about how our renter’s insurance policies can be made to fit your specific needs.

 

If you own a classic car, it is important to get the right coverage to protect your investment. One of the key elements to obtaining the right coverage is to have your car appraised by a certified professional vehicle appraiser. Having this critical information is not only necessary for coverage through most companies, but it ensures that you have the proper coverage.

The Appraisal Process

You will want to find a reputable and knowledgeable appraiser that your insurance company will recognize when writing your policy. You can get a referral from a fellow car enthusiast or you may even get a recommendation from individuals in the automotive repair and sales field. You can even find them in your area by searching the internet. Upon receiving your appraisal, you then present it to your insurance company and insure your vehicle for the appropriate amount. Having this documentation available becomes key during the claims process.

Accident Claims

In most cases, accidents involving classic cars are the fault of the other driver, but there is an issue that you will probably run into during the claim. The other party’s insurance company will contest with a diminished value claim. Having your appraisal will help cement your claim and get the money you deserve during the claims process. Without a certified appraisal, you will not get enough to repair or replace the car adequately. If you make any additions or adjustments to your vehicle, you should have the car appraised accordingly and let your insurance company know immediately. Keep a record of all receipts and communications regarding the vehicle as advised by Georgia Office of Insurance Safety.

Having a classic car with the appropriate insurance requires you to have a certified appraisal that backs your insurance coverage in case of an accident. Protect your investment by keeping your appraisal updated and always inform your insurance company of any changes. If you are looking for high quality classic car insurance coverage in Woodstock, GA, Peter Laczko Insurance Inc. can help you get the coverage you need. Call or stop by for more information about insurance products.