There’s no denying that a large percentage of Millennials are living with their parents. In fact, according to certain studies, the rate of young adults choosing to stay in their parents’ homes is higher than it ever has been. If you happen to be one of these young adults, there’s no need to feel alone. What you do need to do, however, is make sure that you are protecting your belongings with insurance just the same as you would if you were living in an apartment or renting a house from a landlord. 

Do I Need Insurance If I Rent From My Parents?

When you live with your parents, you can still speak with an insurance agent about purchasing renters insurance. Many insurance companies will allow you to buy coverage for your personal belongings. All of your parent’s belongings will have to be covered by their own homeowner’s policy. Purchasing renters insurance while living at your parents is especially simple when you have your own entrance to the home and your own living quarters. 

It should be noted that the specifics of a renters insurance policy will vary from one insurance provider to the next, making is very important to speak with an agent to determine exactly what is covered and what is not. If you have chosen to stay in your parents home, regardless of your reasons, you definitely need to speak with an insurance agent to see how renters insurance can be of benefit to you. Even if you are staying there for a limited amount of time to save up for your own home, a renters insurance policy can provide you with peace of mind. 

Contact Peter Laczko Insurance Inc. today to learn more about renters insurance in Woodstock, GA. 

If you are a business owner in the Woodstock, GA area, you will find that there are many important business decisions that need to be made. One very important decision you will have to make is whether or not to get commercial insurance. There are several situations in which having commercial insurance is a necessity.

You Have a Loan

One situation in which you may be required to carry commercial insurance is if you have a business loan. Taking out a business loan and be a very good financial decision for many business owners. However, when you do have a business loan, you will be required to carry commercial insurance and name the lender as an additional insured party. 

When You Have Employees

Another situation in which having commercial insurance is a necessity for your business is if you employ people. In the state of Georgia, all companies that have more than three regular employees are required to carry workers compensation coverage. This type of insurance will help to ensure that your employees are properly covered in the event they are injured while working.

Operate Out of a Property

If you operate out of a property, you also need to carry property insurance as a form of commercial insurance. Even if you are the tenant on the property, you will likely be required under the lease to carry coverage on the building. This will provide you with protection if the building is damaged.

If you are a business owner in the Woodstock, GA area, you should contact Peter Laczko Insurance Inc. When you meet with Peter Laczko Insurance Inc, you can receive more information about your needs for commercial insurance. The company will help to make sure that you get a policy that provides you with the right type and level of coverage.

 

Boating is a very popular sport in the United States. Some boaters simply love the peacefulness of sailing. Others love boats that are built for speed. Boats are powerful, and the use of a boat brings with it certain responsibilities.

Are there boating laws in Georgia?

Georgia, like most states, has rules and regulations regarding the responsible operation of boats. For example, in Georgia, you must be at least 12 years old to operate a boat of any kind. This includes a small fishing boat. Further, if you are between the age of 12 and 16 years of age, you are required by law to obtain a Boating Safety Certification.

It does not matter if you are a citizen of Georgia or a different state entirely. If you are between 12 and 16 years old, you but be certified to operate a boat in the state of Georgia.

Moral responsibilities

People who use the waters in Georgia for boating and water sports are expected to behave responsibly. Drinking alcohol while operating a boat is not only irresponsible, it is foolish. If you are in doubt of how foolish it is, contact Peter Laczko Insurance Inc. for insurance coverage in Woodstock, GA.

People often drive too fast and beyond their experience level. They get too close to other boaters or fail to see swimmers or skiers. The simple fact is, people are seriously injured and/or killed every day in boating accidents.

Is boating insurance required in Georgia?

The law does not require a boat-owner to carry boat insurance. There are times when homeowners insurance may cover the theft of a boat on your property but even that is not an “always case.”

However, if you are responsible for causing someone to be injured or killed due to your negligence or deliberate indifference, you can bet that they will sue you for damages and it can get very costly, very quickly.

A boat accident can happen so fast that it is often hard to determine what happened. Georgia has specific laws that tell you when and where you must report a boating accident.

Before you get behind the wheel of a boat and set off for an exciting day, be smart. In Woodstock, GA, contact Peter Laczko Insurance Inc. and educate yourself on what you should do to protect yourself and those you love.

 

Motorcycle insurance pays to repair or replace your motorcycle after an accident, damage or theft. The policy also meets your medical costs after an accident and handles your litigation fee if you are sued after an accident. At Peter Laczko Insurance Inc. we write motorcycle insurance in Woodstock, GA. 

Here are our motorcycle insurance coverage options;
Comprehensive coverage
This coverage option meets your motorcycle repair expenses after an accident. Also, it meets the replacement cost of your motorcycle if it is stolen or damaged by covered perils. 

Liability Insurance
Liability insurance pays your litigation fee if you are sued for damages by a complainant.  If the court finds you liable for damages, the coverage option steps in to pay your due damages. 

Personal Injury coverage
Medical expenses after an accident can be overwhelming to most people. This coverage option eases this financial burden by paying your medical expenses. Regardless of who is at fault, the coverage option will settle your bills. 

Collision Coverage
A collision could damage a third party’s motorcycle or vehicle. The coverage option pays to repair the other party’s vehicle or motorcycle regardless of who was at fault during the incident. 

Get Motorcycle Insurance in Woodstock, GA.
If you own a motorcycle, it is advisable that you take up a motorcycle insurance coverage for it. At Peter Laczko Insurance Inc. we offer reliable motorcycle coverage solutions to our clients. Our limits are set based on the local insurance needs; as such, you can be sure that our coverage will be ideal for you. Let us cover your motorcycle today; contact us and speak to one of our agents about your potential motorcycle cover. Visit our website for a free estimate of your policy; also, feel free to browse the site for other insurance policies. 

If you use your golf cart extensively on the green or within your Woodstock, GA community, you may want to consider golf cart insurance. Golf cart insurance offers you liability, theft and property damage protection in the event of an accident. By consulting with an agent from Peter Laczko Insurance Inc. you can get a better idea if golf cart insurance would be beneficial for you.

Basic Coverage

If you do decide on golf cart insurance, basic coverage could include liability coverage for property damage and injuries, comprehensive coverage and collision insurance.

Liability insurance will pay for injuries and damages to others in an accident you cause. If you accidentally run into a pedestrian or bike rider while driving your cart in the community, your liability coverage will cover medical and property damage costs.

Collision coverage will help pay for damages to your golf cart if you collide into a car, tree, house, etc., so you don’t have to cover the whole expense out of pocket. If your cart’s stolen or suffers damage from inclement weather, your comprehensive coverage will help pay for the cost of replacement or repairs. 

Are Golf Carts Covered Under Home or Auto Insurance?

For the most part, home and car insurance policies aren’t designed to cover golf cart usage. By reviewing your home and auto policies with your agent, you can see what these policies have to offer in regards to protecting your cart. If these policies offer little or no protection, you have several options. You can obtain an endorsement on your home or auto policy to cover your golf cart or you can purchase a separate insurance policy to protect this item.  

To learn more about the benefits of golf cart insurance, coverage options and cost, contact Peter Laczko Insurance Inc. in Woodstock, GA. 

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.