How Does Commercial Auto Insurance Work?

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Owning a business comes with many extra responsibilities and costs that most people don’t think about when they think of owning a business. Some additional responsibilities include having the required licenses and insurance coverage for the state. Below, we will discuss what the state of Georgia requires for commercial auto insurance and how commercial auto insurance works.

Commercial auto insurance limits

Georgia has a financial responsibility law that requires businesses to have certain types of insurance, including commercial auto insurance. The financial responsibility law requires the following types of commercial auto insurance coverage:

  • Bodily injury liability coverage – $25,000 for the death or injury of one person and $50,000 for the death or injury of two people.
  • Property damage liability coverage – $25,000 limit for property damage to others in one incident.
  • Uninsured motorist coverage – The insurer must offer uninsured motorists coverage as an option.

How commercial auto insurance works

When you get a commercial auto insurance policy, it covers you and anyone driving the vehicle or vehicles for business-related things. If the person driving a commercial car causes an accident, they can use your commercial insurance policy to file the claim. You or the business are responsible for the monthly premium, the deductible, and any cost after the policy’s limit runs out.

On top of the required limits for commercial auto insurance, getting additional coverage, such as collision and comprehensive coverage, is a wise idea. If the vehicle is damaged or the driver is injured in an accident that they caused, you will not have to pay for the costs out of your pocket.

Contact Peter Laczko Insurance Inc.

If you need auto insurance for your business, give us a call or stop by Peter Laczko Insurance Inc. in Woodstock, GA.

Four Things You Need To Know About Home Insurance In Georgia

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Just like other states, Georgia homeowners are faced with several perils. Ranging from fire, vandalism, theft, and lightning to storms, Georgia homeowners cannot rest easy without home insurance from Peter Laczko Insurance Inc. But before purchasing home insurance for your Woodstock, GA home, here are four things you should keep your eyes peeled for.

Remember to update your home insurance.

If you renovate your home, like adding bedrooms, a garage, and other amenities, you need to update your home insurance policy. If you fail to update your home insurance, additions to your beautiful home won’t be covered in case of damage.

Home insurance isn’t mandatory.

Unlike popular misconception, home insurance isn’t mandatory in Georgia. However, if your home is mortgage-financed, your lender may require you to carry home insurance as long as the loan facility is outstanding. 

Home insurance doesn’t protect you against all perils

Home insurance provides the following protection:

  • Liability coverage
  • Dwelling coverage
  • Personal belongings coverage
  • Additional living expenses coverage

While home insurance protects you against various perils, it won’t protect against the following:

  • Flood and earthquake damage
  • Damage from pests and molds
  • Regular wear and tear

Your home insurance also gives you limited protection for high-value items like jewelry and cash. As such, talk to your agent for separate insurance covers. You can also consider umbrella insurance to come to your rescue when the liability coverage of your home insurance runs out.

Insure your home against the cost of rebuilding.

Many homeowners make the mistake of using the market value to insure their homes instead of the cost of rebuilding. The rebuilding cost is more accurate since the market value can significantly dip in value due to market forces. In such cases, when damage occurs, the amount compensated won’t be enough to cover the cost of rebuilding.

Do you need home insurance for your Woodstock, GA home? If yes, you can’t go wrong with Peter Laczko Insurance Inc. Call us today for an affordable quote.

Factors to Consider When Getting Auto Insurance

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Auto insurance comes with different coverage options, a factor that may prove a hindrance for first-time policy buyers. Fortunately, most options rely on the same factors when determining whether they are a fit or not, offering policy seekers in Woodstock, GA needed relief during their auto insurance journey. Below, Peter Laczko Insurance Inc. takes you through three crucial factors to consider when getting auto insurance.

Your Current Budget

Your budget will be a crucial part of your auto coverage, as it will determine which insurance option to get and which to let go of. To get the proper estimate for your auto coverage, consider your everyday expenses, such as tuition, mortgage loans, and other daily needs. Based on these, find out how much to spend on your auto coverage to avoid running into any financial distress. This will also help you avoid default payments arising from expensive coverage beyond your budget.

Your Coverage Needs

Auto coverage needs often depend on vehicle usage, with some drivers prone to more risk than others. If, for instance, you regularly use your vehicle in areas with extreme weather conditions, getting coverage for various weather hazards will be a suitable option. In addition to this, consider getting extra coverage if you have teenage drivers who often use your car due to their increased risk of getting into accidents.

State Requirements

Numerous states will require a minimum level of liability insurance for their drivers, which often forms the canvas on which policy seekers can build other policies around. Living in Woodstock, GA, for instance, means having liability insurance for bodily injury liability and property damage liability, after which you can get additional coverage. Before getting extra auto insurance, make it a point to consider if your state requirements offer sufficient coverage.

Whether you need auto insurance that caters to your medical costs or considers your teenager’s driving needs, Peter Laczko Insurance Inc. has you covered. Contact us today to help you create auto coverage with your priorities in mind.

Is having an auto insurance plan in Georgia a good idea?

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When you are in the Woodstock, GA area, you are going to have a lot of local amenities that can be enjoyed. One way that you will know that you can enjoy all that the city has to offer is by owning a vehicle. For those that do decide to purchase a vehicle, getting the right insurance for it is very important. There continues to be many reasons to get an auto insurance plan in this area of Georgia. 

Insurance is Legally Required

A reason that you need to get an auto insurance plan when you are in Georgia is that it is legally required. Those that would like to drive a car here are required to have liability insurance whenever they are behind the wheel of a car. If you do not have this protection, you could be in violation of state law and face certain penalties.

Insurance Protects Car

You should also get an auto insurance plan because it can protect your car. When you own a car, you will have made a big investment to purchase it. If you do not have a proper auto insurance plan in place, you could lose your entire investment. By getting insurance with comprehensive coverage, you will be covered against many different types of risk that could result in a loss. 

Getting auto insurance when you live in the Woodstock, GA area is beneficial. As you are looking for a new policy, it would be wise for you to call Peter Laczko Insurance Inc. If you work with Peter Laczko Insurance Inc. you can learn a lot about how this insurance can protect you. It will then help you build a policy that will provide proper coverage for you and your vehicle. 

Why should you get ATV insurance in Georgia?

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Those that are in the Woodstock, GA area will find that there are a lot of great places to enjoy the great outdoors. To take advantage of this area as much as possible, getting an ATV could be a great option. Those that choose to get an ATV also need to have proper insurance for it. There are many reasons why someone here should get an ATV insurance plan. 

Cover Your ATV

A reason that you should get an ATV insurance plan is that it can cover your ATV. Those that get an ATV in this area of Georgia will spend a lot of money buying and maintaining their ATV. As this can be a valuable investment, you will want to ensure that the investment is properly covered and protected. A great way to do this is with ATV insurance as it can help to replace your ATV if it is stolen or covers damages if there is an accident.

Liability Protection

You should also get an ATV insurance plan to ensure that you are covered for liability. Whenever you operate an ATV, there is going to be a chance that you could cause an accident. When you do cause an accident, you will have to pay for the damages related to it. As these damages can add up quickly, you will benefit greatly from having an ATV insurance plan as it includes liability coverage.

Picking an ATV insurance plan in the Woodstock, GA area is an important choice. When you are going to look for a new insurance plan here, you should call Peter Laczko Insurance Inc. The insurance professionals with Peter Laczko Insurance Inc. understand the value that this coverage provides and they can help you to build and choose a policy. 

Why Travel Trailer Insurance Is An Asset For Georgia Residents

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Peter Laczko Insurance Inc. serves the Woodstock, GA community by offering different policies. We strive to provide a transparent experience to our clients. We are an independent agency.

Why Travel Trailer Insurance Is An Asset

Many Woodstock, GA residents enjoy camping. If you plan to go camping, perhaps you are attaching a travel trailer to your RV because you plan on taking an extended vacation. Travel trailer insurance covers your asset while you enjoy a nice vacation.

Travel Trailer Insurance is important because it’s the only way to fully cover the accessory. If something happens to your travel trailer, you can’t cover it through your auto or RV insurance policies. Having a travel trailer policy is the only way to protect your asset if it is stolen, vandalized, or damaged in a collision.

Comprehensive Coverage

Travel trailer coverage protects your trailer if you collide with an animal while you are camping or there is inclement weather in the area. You are protected if your trailer catches on fire or a tree falls on it and causes damage. Hurricanes and tornadoes are a constant threat in the South. You’ll be protected if powerful winds cause damage to your trailer.  

Replacement Coverage

If your travel trailer suffers serious damage, you are protected if you need to find a new one. You can also find temporary lodging coverage so that you will be covered if you have to seek temporary lodging elsewhere while your trailer is repaired.

Belongings

All of your personal items inside the trailer are covered if they are stolen or damaged.

Roadside Assistance

You can add roadside assistance to your policy to cover you if you have a flat tire or you need emergency towing service.

Peter Laczko Insurance Inc. Will Help You Find The Coverage That You Need

Visit our website today to learn more information on travel trailer insurance.

Required Commercial Insurance in Georgia

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Like other states, Georgia has its own laws about which type of insurance policies must be held by small business owners. This is protection for others as well as for you as the owner. If you don’t have the proper coverage for your business, contact us at Peter Laczko Insurance Inc in Woodstock, GA.

Workers’ Compensation Coverage

Workers’ compensation is there to protect the employees of a business as well as the business itself. In Georgia, it is required to have this insurance for every business that has three or more employees, even if they are part-time workers. This assured workers that there will be funds to pay their medical bills if they should have an accident or develop an illness at work.

Commercial Auto Insurance Coverage

Georgia also requires that every business that owners a car have a commercial auto policy. The state has a specific amount stipulated for the minimum amount of coverage you have to have for bodily injury liability for one person and another amount for the bodily injury liability for everyone in the accident. It also requires a set minimum of property damage liability for an entire accident. If your vehicle is not owned by the company, but it is used for company business, it’s generally a good idea to cover it with an auto insurance policy called hired and non-owned. 

General Liability

A general liability policy is not required by the state, but it is a recommended type of insurance that can cover many more instances of liability that may not be covered by other policies. It’s a good idea to have this layer of liability protection in today’s highly litigious world. 

Call for More Information

If you have a small business in Georgia and need insurance for it, call us at Peter Laczko Insurance Inc in Woodstock, GA to make your appointment to talk with an agent.

What You Need to Know About Golf Cart Insurance

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There are a lot of different kinds of vehicles out there, and most of them need insurance. But people typically think of the cars, trucks, and SUVs they drive on public roadways. They often don’t consider other types of vehicles, such as low-speed motorized options. In some instances, though, these also have to be covered. That’s why Peter Laczko Insurance Inc. offers options for golf cart insurance for residents of the Woodstock, GA area. Driving a golf cart on public roads and other spaces can mean having the right insurance to protect yourself and others.

You want to make sure you have a good policy that will keep you safe and reduce your risk. If you’re not sure what kind of coverage you should have on your golf cart, you’re definitely not alone. Our professional agents can help you find the policy option that’s the right one for your needs, so you’re properly protected. The way you use your golf cart and where you drive it can be very important for finding you the best type of policy and level of coverage for your specific situation. But we’re here to make it easier for you.

Reach out to us at Peter Laczko Insurance Inc. today, and we’ll work with you on a golf cart insurance policy that meets your needs. We want all of our Woodstock, GA area customers to feel safe and secure with the insurance they have. We know how important it can be to enjoy peace of mind, and that’s a big part of what insurance is for. You don’t have to settle for anything less than a policy you feel right about. We’ll be here to answer your questions about insurance, so we can get you a policy that works for your life.

Trucking Insurance Options

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With slower stops, very tall semi-trailers on the back, and wide turns to be made, trucking can be dangerous and not for the faint of heart. This means that not only is it important for a truck driver to drive wisely and very safely, but to obtain the correct amount of trucking insurance in case of an accident. The insurance agents at Peter Laczko Insurance Inc. in Woodstock, GA know and understand the importance of having an adequate trucking insurance policy in place.

What Does Trucking Insurance Cover?

Liability

Trucking insurance is very similar to auto insurance, including the fact that liability insurance is required in the state of Georgia for all drivers, including truck drivers. Liability insurance will pay for any injuries or property damage sustained by someone else in an accident caused by the driver of the truck.

Non-Trucking Liability

This type of liability insurance is the same as a regular liability auto insurance policy but it covers the truck driver if he has an accident when he’s using the truck for non-work purposes.

Cargo Insurance

Cargo insurance will assist in compensating for any damaged or lost cargo during the transportation process.

Comprehensive Insurance

Comprehensive trucking insurance coverage will cover the truck if it is damaged or destroyed by a natural disaster, a fire, or vandalism. This coverage option will also help pay to replace the truck if it is stolen.

Collision Insurance

This type of insurance will cover any damage that is caused due to a collision with another vehicle or an object. For example, if the driver of a truck backs into a building while attempting to unload its cargo, this will cover any damages to the truck and the building.

Bobtail Insurance

Bobtail insurance will cover a truck that is being driven without the trailer attached.

To obtain the best trucking insurance policy for you and your situation, contact the experienced and trusted agents at Peter Laczko Insurance Inc. in Woodstock, GA to get your policy started!

Should I get ATV insurance in Georgia?

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In the Woodstock, GA area, there continues to be a lot of great ways to have fun in the great outdoors. When you are trying to maximize your experience here, you should consider investing in your own ATV. If you are going to purchase an ATV here, you will want to have proper insurance for it. There are several reasons why you should get this type of insurance protection. 

Insurance Will Cover ATV

Anyone that chooses to purchase an ATV will be making an investment that they will want to have last for a long time. If you are ever a victim of theft or are in an accident, you could lose your ATV entirely. However, if you insure your ATV it will give you the coverage that is needed to repair or replace it. This will allow you to enjoy the ATV for years to come.

Insurance Offers Liability Protection

ATV owners and drivers need to take their liability risks seriously. There will continue to be a chance that you could cause an accident while using it. Fortunately, you will be able to offset this risk with an insurance policy. With proper insurance, you will get the coverage that is needed in the event you do cause damage while using it. 

Anyone that owns an ATV in the Woodstock, GA area needs to make sure that they get proper insurance coverage for it. If you are looking for a new ATV insurance policy, you should speak with Peter Laczko Insurance Inc. There are a lot of complexities that come with picking this insurance. Peter Laczko Insurance Inc. can help you better understand all of your insurance options to ensure that you get into a new policy that will offer the right type and level of coverage.