Auto Insurance for Aging Parents

Auto insurance rates are often based strongly on age. The reason for this is because much research has gone into learning at what ages there are greater or lesser risks of accidents and injury. What kind of changes can you expect for aging parents? Let Monterey Insurance Group, Inc. in Huntington, MD help.

Rates and Ages

Since auto accidents seem to increase for the youngest drivers, it would make sense that as you get older, your rates go down. However, this trend only lasts until individuals begin heading into their elderly years. Once an individual reaches a certain age, rates may go up again. Elderly drivers are at special risk due to changes in hearing, vision, and slower reaction times. Rates are also higher in this age bracket because older drivers sustain more and worse injuries than younger drivers in an accident. 

Are There Discounts Available?

There are some steps you can take to help get the best deal possible for an older driver. AARP offers driving classes for older people. These refresher courses are a great way to help them drive safer and, in some cases, discounts are offered for individuals who will take these driving courses. Another option is to use safety features for vehicles. Many newer cars come with plenty of safety features that can make driving much safer than in years past. If you are thinking of buying another car, look for one with options that help you drive safer. Driving less may also give them the opportunity to come off of the insurance policy if they are just a member of the household and not the main policy holder. 

If you would like to learn more about how to safely and affordably insure older drivers, please call our friendly staff today at Monterey Insurance Group, Inc. in Huntington, MD. 

Does Home Insurance Cover Damage From Air BnB Guests?

Home insurance is necessary to protect you from all types of threats and events that can cause damage and financial loss. Today’s home insurance can provide coverage for events that are new to the social landscape and pose a very real risk to homeowners, especially those who choose to engage in Air BnB services. 

Air BnB Guests

Air BnB is a company that matches people who are visiting certain areas, with homeowners who are willing to rent out their homes like a hotel or a guesthouse. Although this can be very beneficial over time, it also poses some risks that require great home insurance. Before you even begin to offer your residence for Air BnB, make sure you go over the situation with a skilled insurance agent to make sure you are prepared for anything that can happen when you rent out your home or property.

Finding A Knowledgeable Company

Before you can protect your home or property adequately, you need the guidance and assistance of a professional and skilled insurance provider with agents who know how to give you the options that protect you sufficiently. If your property or home is in the Huntingtown, MD area, you should work with Monterey Insurance Group, Inc. They know the landscape of home insurance and can point you in the right direction, so you are always covered and have peace of mind when you Air BnB. 

Monterey Insurance Group, Inc., serving the Huntingtown, MD area, offers protection to homeowners throughout the state by creating quality home insurance protection. Contact our offices to speak with an agent and get a quote or try our online rating tool for quotes on home and auto insurance from the comfort of your house.

Should I Get Commercial Insurance?

If you own or manage a business, you will know very well that many different vital decisions need to be made. One choice you will need to make is whether or not you should get commercial insurance, and there are a variety of key reasons why you should get commercial insurance in place for your business.

Provides Necessary Liability Protection

When you produce and sell any product or service, you are naturally taking on a lot of liability. In these situations, one of the best things that you could do would be to invest in a liability insurance policy. This type of policy will provide you and your business with protection in the event that you are sued for negligence or another type of liability.

Covers Employees

For those that have employees in the Huntington, MD area, having workers compensation insurance in place is almost always a requirement. This type of coverage will provide coverage to you and your employees if someone is injured while working on the job.

Property Protection

Many commercial insurance policies will also include a property insurance policy. This type of insurance will provide protection to your physical place of business. This will normally be required if you are the owner of the building under your mortgage document. If you are a tenant, the landlord will likely require that you carry it at all times during the length of your lease. 

If you have a business in the Huntington, MD area and have decided that commercial insurance is a good idea and investment, you should reach out to the team at Monterey Insurance Group, Inc. When you work with our company, you will receive the consultation that you need to pick the right commercial insurance policy to meet your needs. 

Auto Insurance: Does Yours Protect Your Investment?

If you have a vehicle, you need insurance for it. Fortunately, there are options for auto insurance in Calvert County and the surrounding area. At Monterey Insurance Group, Inc., we offer the help and guidance you need to get a policy that is going to work for your needs, vehicle, and lifestyle. How you use your car or truck, the mileage you put on it every year, and a lot of other factors all matter for protecting the investment in your vehicle through the right insurance policy. When you work with a knowledgeable agent, you can get what you need for good protection and plenty of peace of mind.

One of the problems with auto insurance is that people get it and then forget about it. They do not make any updates to it over time, even if their situation changes. That can lead to them not being covered the way they expect to be. If they have a claim, they may not be protected at the level they needed to be. But you can avoid that by making sure your auto insurance is what you need and require. Your agent can tell you if your policy offers the kind of protection you should have, or whether you might need more than you currently have actually to be fully protected when using your vehicle.

Reach out to us today at Monterey Insurance Group, Inc. and protect your Calvert County area vehicles the right way. By working with us, we can help you get the proper coverage for a car you just bought or one that you have had for a long time. Then your peace of mind will be real, and your insurance coverage will be what you need to honestly and ultimately protect the investment in your vehicle.

Home insurance coverage options

At Monterey Insurance Group, Inc., a home insurance policy helps you protect your family and your home against several risks. The home insurance protects the physical structure of your property, detached structures such as garages or sheds, personal belongings in your home, and liability claims filed against you or family members. Quality and sufficient coverage makes all the difference when it comes to protecting your home with a home insurance policy. Therefore, it is vital to understand the different types of home insurance coverage options in Huntington, MD before you choose what suits your specific needs.

Types of coverage options

Personal property coverage: The coverage is designed to protect your personal belongings. It can be very costly to replace items such as bicycles, large pieces of furniture, and stereos in the event of a disaster. In addition, the coverage option can help you protect these items even if they were stolen or damaged outside of your home.

Dwelling coverage: The coverage is designed to protect the physical structure of your property such as roofing and walls.

Other structures coverage: If you have other physical structures on your property, it is essential to purchase the other structures coverage option. The coverage protects different types of structures such as stand-alone garages and sheds.

Additional living expense coverage: If your home becomes uninhabitable, you may need to stay in a hotel. It is crucial to have additional living expense coverage to cover for the hotel bills. Remember, the cost applies after a covered loss.

Liability coverage: The coverage option comes in handy when someone who gets injured on your property decides to sue you for damages. The cost of such a lawsuit can quickly add up and be a huge financial liability if you don’t have liability coverage.

Guest medical coverage: While it is important to have liability coverage to protect yourself against lawsuits, the guest medical coverage is for paying the medical bills when a guest gets injured on your property.

It is crucial to explore all your options when looking for suitable coverage options for your home in Huntington, MD. For more information about home insurance coverage options and guidelines on how to find the most affordable home insurance policy, contact Monterey Insurance Group, Inc.
 

 

The Benefits of a Business Interruption Add-On for Your Commercial Insurance Policy

When you are purchasing a commercial insurance policy, there are many add-on, or supplemental coverages, that you can decide to buy. Each add-on clause helps to cover a portion of your business that is otherwise not covered by a traditional commercial insurance policy. At Monterey Insurance Group, Inc., serving the greater Huntingtown, MD area, we recommend that our customers buy a business interruption add-on. Here are a few of the reasons why:

Pays Your Rent or Mortgage

If your business is unable to open and operate, you may not have the income you need to pay rent on the building or your mortgage. You may be unable to open due to fire, flooding in the area, or a hurricane that hit town. Business interruption insurance helps to pay your rent or mortgage when you are unable to open your business due to events covered under your commercial insurance policy. 

Supplements Your Income

When you are unable to open your doors, you may also be losing out on your income. If your business cannot open, you are not making money. Business interruption policies help to supplement your income during the time that you are unable to open. 

Covers Spoiled Goods

Lastly, business interruption policies help to pay for and cover goods that may have spoiled or gone bad because you could not sell them quickly because you couldn’t open your business. 

The right commercial insurance policy can help to protect your business against unforeseen circumstances. If you are looking to purchase a new commercial insurance policy, or make changes to an existing one in the greater Huntingtown, MD area, Monterey Insurance Group, Inc. would love to help you. Contact us now to get started. 

Do You Need Full Coverage Auto Insurance?

The purpose of auto insurance is to protect you against financial ruin in the event you are involved in an accident. A full coverage auto insurance policy from Monterey Insurance Group, Inc. in Huntingtown, MD will provide this type of protection. Before getting auto insurance, take time to review what full coverage has to offer.   

Understanding Full Coverage Insurance

Most full coverage auto insurance policies offer liability, comprehensive, and collision protection. Some include uninsured motorist and medical payments in their full coverage package. Under full coverage, your insurer will pay for:  

  • Damage to others in an accident you cause. This liability coverage includes medical expenses and property damage up to the limits on your policy. If your accident causes injuries or damages above the limits of your policy, you could be held liable for the remaining costs. Paying more for higher liability limits will help protect your financial assets.
  • Damage or market value of your vehicle under collision coverage. You’ll have to subtract your deductible if you’re found at fault for the accident. Comprehensive insurance covers theft, vandalism, and damage caused by adverse weather and natural disasters.
  • Injuries sustained by you or your passengers up to the limits of your medical payments coverage.
  • Injuries sustained by you or your passengers due to being hit by an uninsured driver per the limits of your uninsured motorist coverage.

Do You Need Full Coverage?

If you’re financing a new vehicle, your lender may require you to have full coverage. Even if your new vehicle is paid off, full coverage insurance will protect your costly investment. Full coverage auto insurance comes with a higher premium, but the protection you receive will more than offset these costs.

To learn more about full coverage auto insurance policies and costs, contact us at Monterey Insurance Group, Inc. in Huntingtown, MD.

Can a Dog’s Breed Affect My Home Insurance Policy?

Do you own a pet or are you planning to get one soon? Well, you may soon be among the 65 percent of US households that have a pet according to a survey that was conducted by the American Pet Products Association in various parts of the US including Huntington, MD. Although this may be an impressive statistic, there is more to it that you need to understand, especially when you are considering to purchase a home insurance policy.

The Center for Disease Control reports that at least 4.5 million dog bites are recorded each year in the United States, and this is the primary reason why some home insurance providers such as Monterey Insurance Group, Inc. will be reluctant to offer you a policy if you own a dog breed that is considered vicious.

Why Are Insurance Companies Concerned About Your Dog?

Most families consider their dog as a member of the family. You treat your pet well and show it unconditional love. However, the insurance company is concerned about the possible dangers of having certain pets. No matter how cute your dog may be, it has the potential to attack and bite your visitors.

Even the best-trained pet dogs are unpredictable, and it is the duty of the insurance provider to look at every unforeseen risk when creating your homeowner’s insurance policy. If there is a significant chance that your dog could attack your visitors, then you need to be prepared for the consequences when it comes to obtaining your insurance policy.

Does The Dog Breed Matter?

The simple answer to this question is yes. While all dogs may appear to be angels, the truth is that certain breeds of dogs are more dangerous compared to others depending on how they are raised. Some of the dog breeds that are considered highly dangerous include:

  • Chow Chows
  • Great Danes
  • Rottweilers
  • Wolf-Hybrids
  • Staffordshire Terriers
  • Pit Bulls
  • German Shepherds
  • Mastiffs

Are you a homeowner in Huntington, MD, and the surrounding areas? Contact Monterey Insurance Group, Inc. today for your homeowners’ insurance policy.

Does Commercial Insurance Cover Heavy Equipment?

Business owners know that there are key elements that are required to run and protect their company. One of the most critical elements is commercial insurance. Businesses that own and operate heavy equipment need complete coverage to protect their valuable belongings and prevent serious financial losses that could impact the well-being of the operation. 

Covering Heavy Equipment

Standard commercial insurance doesn’t generally provide coverage for heavy equipment and is designed to protect the structure and its contents rather than vehicles and heavy equipment. There is specialized insurance available that is designed to cover the equipment and provide the blanket of protection necessary to repair or replace expensive machinery critical to the welfare of the company. Before selecting your insurance policy, it is important to research the limits and exclusions for coverage. It is best to ask a professional insurance agent about the details so you can be informed.

Getting Complete Coverage

If you own a business and have heavy equipment, make sure you know what your commercial insurance covers and make any additional insurance purchases that cover gaps in the policy. Business owners in and around Huntington, MD can rely on the expertise of Monterey Insurance Group, Inc. to provide the guidance necessary to provide complete insurance protection. 

Don’t leave your valuable assets unprotected. Contact the offices of Monterey Insurance Group, Inc. serving businesses in and around Huntington, MD with quality commercial insurance products. Call or stop by to speak with a friendly, knowledgeable insurance agent and ask the questions that help you make the best decision for your company. Get the peace of mind you need today without wondering if you are fully protected.

What Car Insurance is Required in Maryland?

No matter where you live in Maryland, you’ll want to make sure you have the right kind of car insurance. At Monterey Insurance Group, Inc. in Huntington, MD, we can help. Whether you’re new to the state or new to driving, our independent insurance agents will have you equipped with the proper insurance in no time!

Just Moved to Maryland?

Those who are new to Maryland need to be aware that the rules and regulations for car insurance in Maryland may be different from those in their previous state. To register your car here, you’ll need proof of insurance.

Additionally, before you can register your vehicle, your vehicle must pass the Maryland State Inspection. During the inspection, your vehicle must show that it is up to Maryland’s safety standards. Every county in Maryland has authorized inspection stations, so you’ll need to find one near you.

Required Maryland Car Insurance

All Maryland residents must make sure they meet the minimum legal Maryland auto insurance requirements. You can also add additional coverage to fit your needs.

In Maryland, you must have:

  • Bodily Injury Liability Coverage: $30,000 minimum per person and $60,000 minimum per accident
  • Property Damage Liability Coverage: $15,000 minimum
  • Uninsured Motorist Bodily Injury Coverage: $30,000 minimum per person and $60,000 minimum per accident
  • Uninsured Motorist Property Damage Coverage: $15,000 minimum
  • Personal Injury Protection: $2,500 minimum (However, in Maryland you can choose to waive this protection and choose limited PIP instead.)

If you need car insurance in Maryland, call the independent agents at Monterey Insurance Group, Inc. in Huntington, MD today. They can help find you the coverage you need to get you on the road!