Why choose an Independent Agent?

Why an Independent Agent?

Not all insurance agents are the same! Choosing the right one can make a big difference – in price, service, and value.

With other agencies, you get one company that sells one brand of insurance. With an independent insurance agency like TAG Insurance Services, you get choices.

Why? Because independent insurance agencies, like TAG Insurance Services, represent a number of different insurance companies, and can compare coverage and prices to find the best possible value for your individual circumstances. As independent agents, we are members of the your community, and we’re committed to doing business face-to-face and being your advocate in times of need.

 What we can offer you:

  • We work for you when you have a claim.
  • We are not beholden to any one company. This means you don’t have to change agencies as your insurance and service needs change.
  • We are your consultants, working with you as you determine your needs.
  • We are value-hunters who look after your pocketbook in finding the best combination of price, coverage, and service.
  • We offer one-stop shopping for a full range of products, including home, renters, auto, business, life, health, and retirement plans.
  • We can periodically review your coverage to keep up with your changing insurance needs.
  • We are committed to customer satisfaction – it’s the key to our livelihood.
  • We treat you like a person, not a number.
  • We are licensed professionals with strong customer and community ties.

There is a difference. To find out how our independent insurance agency can help you find the right insurance coverage, please contact TAG Insurance today. Find a local agent at www.TAGIns.net.

Condo Insurance

Condo or Condon’t — Condo Insurance

 

You’ve taken the plunge and opted for condo life.  Now that the papers are signed, it seems like everything is taken care of for you—building maintenance, roof repairs, landscaping, insurance, etc.  It’s time to relax because everything is covered, right?

 

Not quite.  The insurance policy provided by the condo association covers the building structure and common areas, but what about potential structural damage to your unit and covering your belongings?  Without a personal condo insurance policy, you could be left high and dry if your unit floods, is damaged in a fire, etc.

 

Most condos need two insurance policies.

 

Master Policy:  Generally provided by your condo association, this policy covers the physical structure of the building, including basement, roof, walls, elevators, lobbies, etc.  Coverage usually includes both physical damage and liability. Get a copy of the policy so you know what’s covered.

 

Personal Condo Policy:  This will cover additional structural damage to your unit, including cabinets, appliances, personal belongings, and more.  This also covers living expenses if you fall victim to a fire, theft, or other covered disaster.  Many insurance carriers, such as Safeco InsuranceTM, offer enhancements that include personal property protection in your condo insurance policy. Safeco’s Full Value Contents® protection will pay the full replacement cost of your belongings, not just what they are worth today.

 

Other coverage to consider:

 

Umbrella Policy:   If someone were to trip and fall inside or near your condo, they could sue both you and the condo association.  Umbrella provides additional layers of liability protection and can protect against lawsuits that target both your current and future earnings.

 

Flood or Earthquake:  Read the fine print on your policy.  They often won’t cover damage due to these disasters.  Additional coverage may be required if you live in a prone area.

Have questions? Find a local TAG agent at www.TAGins.net

 

 

 

 

Borrowing a car

 I’m borrowing my friend’s car … am I covered?

 

Most people have an idea of what’s covered and not covered under their various insurance policies. But at TAG Insurance, we get a lot of questions about borrowing or loaning a car.

 

Now that summer is here, and you might be looking to borrow your neighbor’s truck for a home-improvement project or a trip to the local landfill, we thought it was a great time to provide a little more information.

 

Generally, insurance coverage follows the vehicle rather than the driver. So in most instances, as long as the owner of the car has insurance, it’s covered even if someone other than the owner is driving it — as long as they have the owner’s permission.

 

The borrower’s insurance is considered secondary, meaning that in the event of an accident, it could apply if the owner’s insurance is insufficient to fully cover the damage.

 

It’s important to note that there are some exceptions to what is called “permissive use” coverage. For example, permission must be given by the owner, unless the borrower has a reasonable belief that they are allowed to use the car. However, the borrower cannot give permission to someone else. So if your teenager allows one of his or her friends to drive your car to Boulder, your coverage likely won’t apply.

 

Coverage might also be denied if the borrower operates the vehicle in a negligent or criminal manner. And if the borrower is using your car for business purposes, your personal auto policy likely won’t cover that.

 

If you have a regular long-term arrangement to either borrow or lend a car, the borrower should probably be added to the owner’s personal auto policy. Those who don’t own a car, but often borrow one, might also consider “named non-owner coverage,” an endorsement that provides bodily injury and property damage liability, uninsured motorists coverage and more.

 

Ultimately, it’s usually safe to loan your friend your car for occasional errands or projects. And the same goes for borrowing a car. Just make sure it’s for “normal” use. You’ll want to confirm that the car has coverage and that your insurance, whether you’re the owner or borrower, will apply.

 

 

 

Feel free to find one of our agents at www.tagins.net with any questions  — after all, you don’t want to wait until after an accident to get answers!

Cyber Insurance, do I need it?

Does your business need Cyber Insurance?

Consider all recent events we seen with the government data breaches. It is scary to think that if hackers can get into the governments computers, how vulnerable does that make small business owners?  Think about the following situations:

– An employee laptop containing private, customer information is lost or stolen during travel.

– A hacker gains unauthorized access to your network and steals private customer and employee information.

Then your business needs Cyber insurance!

Cyber events like these can have a significant impact on your customers, your employees and your bottom line. You need Cyber Insurance.

Here is a tidbit, 1 in 5 small businesses, with less than 250 employees were targeted with attacks in 2013.  The costs associated with these events can reach millions of dollars to cover legal defense, legal settlements, lost business, notification costs and more.

The potential for cyber event is real regardless of the size of your organization and the worst thing your organization can do is ignore the risk. Contact us at info@tagins.net  or find a local agent at www.tagins.net for more information on Cyber Insurance.