Does Your Renter’s Insurance Cover the Cost of a Hotel If Your Apartment is Damaged?

In Frederick, MD, the agents of Lebherz Insurance offer several policies for both renters and homeowners who want to make sure their property is fully protected. Renter’s insurance is similar to a homeowner’s policy except that it doesn’t cover the dwelling or any real estate. A renter’s policy covers personal possessions and, in most cases, accommodations if rental is uninhabitable.

What Happens When Your Living Area Is Damaged?

If your apartment is damaged, the first step is to notify your insurance agent. While the owner of the property is assessing the damage to the dwelling, your agent will need to evaluate any damages you may have incurred. At that time they will discuss the possible need for other accommodations if you cannot stay in your apartment or home. Although some policies may limit the amount of time you spend in a hotel, they normally allow enough time for repairs to be made or find another permanent residence.

When Are Other Accommodations Necessary?

Other accommodations are necessary when your rental is damaged to the point where it is unsafe for you and your family to stay. Holes that expose the interior of the home to outside weather conditions, no water, no electrical, extensive fire or smoke damage or defective appliances are just a few of the things that can cause extensive damage inside the home. 

If you live in Frederick, MD and want to review your renter’s insurance policy, call the agents of Lebherz Insurance. They can answer your questions and make sure policy is up to date and offers the coverage you need to remain fully protected at all times. 

Top Reasons to Add Umbrella Insurance to Your Home Insurance

Umbrella insurance is a form of insurance that supplements a regular home insurance policy. Essentially, it fills in the gaps. Adding an umbrella insurance policy to your already existing home policy will ensure your financial security and the security of your property and belongings in all situations.

Here are two specific reasons why it’s a great idea to have extra umbrella insurance on top of your home insurance plan.

1. It can protect against libel and slander.

Today more than ever, lawsuits are pretty being brought against individuals for posting certain things on social media sites like Facebook. It is indeed possible for someone to sue you because of something you wrote — referencing someone else — that can be construed as libel or saying something that can be construed as slander. Most standard home insurance policies do not protect against libel or slander, but an umbrella policy can protect you in these situations.

2. It can protect you from someone suing you for being injured on your property.

In many situations, someone may come to your house invited or uninvited and be seriously injured. Unfortunately, this often opens up a lawsuit in which the injured party sues you because they were injured on your property. Umbrella insurance can protect against this.

Contact Lebherz Insurance for More Information

If you are a Frederick, MD resident and are looking for an umbrella insurance policy to add to your home insurance coverage, Lebherz Insurance can help! We serve the Frederick, MD area and would gladly help you find the perfect umbrella insurance to add coverage to your home policy. To find out more about how we can help and to see the policies we offer, give us a call today, or stop into our nearest location. We look forward to hearing from you!

Buying Life Insurance for Seniors and Children

Do you think life insurance is only for working adults with dependents? While there are some differences, policies for seniors and children can be an important financial maneuver.

Policies for Senior Citizens

The primary purpose of a life insurance policy is to protect the financial assets you’ve worked so hard to accumulate and ensure that your dependents are able to enjoy them after you’re gone. Even after the age of 50, buying life insurance is an intelligent move for many reasons.

  • Insurance policies can help loved ones pay for your burial expenses.
  • A valid policy is a tax-free way to transfer some of your wealth to dependents.
  • A business life insurance plan will protect your business partners.

Lebherz Insurance can help seniors in the Frederick, MD area find a life insurance policy that will protect their property far into their golden years.

Policies for Children

It may seem slightly morbid to buy life insurance for children. However, young people can benefit from an insurance policy throughout their lives.

  • Parents can buy a whole life insurance policy for their children that builds cash value over time. The child can access this cash when they are older to help pay for education or other expenses.
  • While the odds of a child dying prematurely are notably slim, it can happen. A life insurance policy pays for burial, medical expenses, counseling, and time off from work for grieving parents.
  • If a child contracts an illness, disease, or disability, they may not qualify for most life insurance policies. Buying a policy while they’re still young guarantees that they will always have access.

Lebherz Insurance offers a variety of life insurance policies for every stage of life. Come visit our specialists in the Frederick, MD area to get started protecting what you value most.

The Home buyer’s Guide to Insurance

Owning a home means protecting it, but many first-time home buyers are confused about buying insurance. Here are a few tips to getting the most out of your home insurance!

Calculate Risk

Wherever you live in Frederick, MD, you need to be honest about the risk factors of your home. This includes whether it is likely to be flooded if it is in an area previously affected by tornados, and so on. In some cases, you can get a great deal on acquiring additional insurance for something like floods even if you think the chance of a flood is remote. Lebherz Insurance can offer you peace of mind about your future.

Wear, tear, and your bill

Before buying the house, have a professional home inspection done. This may result in recommendations for things to fix. After fixing them, notify your insurer you have done so. In some cases, this can lead to a lower monthly insurance premium. Your insurance agent may have further recommendations based on any of the renovations or additions you made.

Credit worthiness

Credit may be a source of worry when you are buying a house. Most people focus on getting their credit high enough to get a competitive home interest rate but don’t forget that your insurance score can also affect how much you pay for your insurance. As with the home inspection, it would be appropriate to monitor your credit score and do your best to make it as high as possible to get the best insurance price.

If you own a home in Frederick, MD or are considering purchasing a home, then you need someone who treats you like family. Contact Lebherz Insurance today to start building a safer tomorrow! 


6 Reasons to Have Commercial Insurance

Each business in the Frederick, MD area is unique, but one thing they all have in common is the need for commercial insurance. If you are unclear if your business needs commercial insurance, here are six reasons why you need commercial insurance.

  1. Protection for lawsuits. No matter what type of business you have, you cannot protect yourself from a lawsuit a customer may file against your company. Don’t make the mistake of believing that your clients are great and they would never sue you because any situation may arise.
  2. Protect the investments you made in equipment, property, and inventory that keeps your business running.
  3. If you have employees, you need to have different types of insurance. For example, workers’ compensation and liability insurance.
  4. If the success of the business relies on one key person, then you want a policy that provides assistance if the key person is injured, ill, or deceased. It will give you the time you need without losing your business.
  5. If the company is growing and you need to secure a loan to help with the expansion, then you will need insurance coverage. If you don’t have insurance, they may decline the loan or charge a higher rate of interest.
  6. Gain confidence with knowing your business is protected if something were to happen. No one wants to lose the business they worked so hard to build or take a severe financial hit. Having insurance coverage can help protect your business.

Lebherz Insurance

Lebherz Insurance has been in the Frederick, MD area since 1969, so we have years of experience providing commercial insurance to local businesses.  Contact a Lebherz Insurance agent today to discuss your business needs. The agent can help you determine the best insurance options to protect your business investment.

Do You Need More Insurance if You are a Commuter?

Commuting is a big part of the daily routine and lives of millions of people. If you live in a suburb or far from a large city there is a good chance that you commute for at least an hour, maybe more, each and every day. As such, your insurance needs are different than someone that drives to the grocery once a week then parks their car the rest of the week. For those that live in the Frederick MD area, the agents with Lebherz Insurance can help you get the coverage you need.

It is helpful to first look at why a commuter needs different coverage. For starters, commuters come in contact with hundreds of other drivers each day. This means that their risk of having an accident is far higher than an eighty year old grandma that drives her car to the post office in her small town once a week. Though both have a risk of having an accident, the commuter has the higher risk.

Another reason that commuters need more insurance is that their cars are likely to incur more damage that can be claimed on an insurance policy. Again, a car that sits in a garage five out of seven days a week stands a lesser chance of being damaged by hail, rocks, and other debris that a commuter might come in contact with. The same goes for snow and other storm conditions.

Commuters can benefit from a larger insurance policy or from a full coverage policy even if their cars are paid off just to protect them. If you live in the Frederick MD area and have more questions, the agents with Lebherz Insurance are waiting to answer any and all questions that you might have.  

Can Underage Drivers Have Their Own Policy?

It is possible for teenage drivers to have their own independent policy but the real issue is finding out if it is going to save you more money or if you are going to save more by adding them to an existing policy. Though you can save more in most cases by adding them to an existing plan, it might surprise you based on where you live. For those that live in the Frederick, MD area, the agents with Lebherz Insurance can help you determine what is going to be best for you.

 In many cases, you are going to save more by adding your teen driver to your existing policy than creating their own policy for a few different reasons. For starters, those teen drivers that have their own policy are going to have a policy that is based on the young age of the driver. If you add them to an existing policy, the policy rates are going to be based on the age of the main policy holder.

Another reason you may save more adding them to your policy is that you will have multiple cars on one policy. You often get a discount for having more than one car on a policy which means you can save more. Depending on the individual rates and requirements for your state, you may still be able to save by getting your teen driver their own policy, in most cases, however, it is going to cost more.

For those in the Frederick, MD area, the agents with Lebherz Insurance can help you to determine which course of action is going to be best for you and your teen driver so that the both of you can save the most money possible on your policy.

Renovating Your Home on a Budget

If you are in the mood to give your home a makeover, you should know there are several tips you can follow to renovate it on a budget. In fact, many people spend thousands of dollars renovating their home when in all actuality they could do it for a fraction of the price. Here’s a quick look at four tips you can follow to renovate your home on a budget.

1) Consider a floor made out of pennies

Have you seen the new floors made out of pennies? If not, you should look them up on the Internet. Instead of spending thousands of dollars on flooring like hardwood, you can easily use pennies to create a new floor. And best of all, it is fairly cheap. A normal kitchen area can have a penny floor added to it for about $500. You’ll need about $270 worth of pennies — that’s 27,000 pennies — but with the epoxy seal, you can be well on your way to renovating your kitchen floor at a fraction of the cost it would take to lay down laminate or hardwood.

2) Go to thrift stores

Did you know many thrift stores have furniture as well as high-end decorations? By shopping at these thrift stores, you can give your entire home a makeover without having to break the bank.

3) Invest in versatile pieces of furniture

You should always shop for furniture pieces that are versatile when giving your home a makeover. For example, an island for your kitchen is a great way to add cabinet and countertop space without having to reconstruct your entire kitchen.

Contact Lebherz Insurance serving the Frederick, MD area to learn about insuring your home with proper home insurance.

What are Important Factors to Consider when Shopping for Home Insurance?

For most people, a home is the most valuable and expensive purchase over the course of their life. This represents both a financial and emotional investment that demands the protection of home insurance. While many people think to insure the value of their home, they often wonder what criteria insurance companies might use to determine a home insurance rate. These different factors are detailed below and are qualities that every customer should consider before investing in a home insurance policy.

First, every insurance company will take into account the value of a home when calculating a home insurance rate. A more expensive home will demand more coverage under a home insurance policy. Therefore, the insurance company will charge a higher home insurance rate to hedge the risk of having to cover the entire home in the event the home is damaged or destroyed. People should consider the home insurance rate on a potential property before making that purchase.

Next, every insurance company will take into account the safety of a location when deciding on the home insurance rate. If a home is located in an unsafe area, there is a higher chance that a home could be broken into or damaged. Therefore, insurance companies will charge a higher insurance rate to cover a home in an unsafe area. People should consider this before buying a home.

Finally, insurance companies will consider a person’s credit score before deciding on a rate. If a person has a higher credit score, they are more likely to pay their bills on time. Therefore, a company will reward this customer with a lower rate.

Citizens in Frederick, MD looking for a home insurance policy should contact an experienced insurance agent serving the Frederick, MD area. This professional agency will make sure a home is properly insured.

Is Your Pet A Liability To Consider For Your Homeowners Insurance Policy?

The reality is that whenever you claim ownership of something: a home, a car, a business – there is an inherent liability, responsibility or overall vulnerability that falls on you in that relationship. To "own" – even a dog – is to take on, to bear a separate entity upon yourself by choice. Many people think it is a privilege while others feel it is a burden. Either way, you may feel about it – it is part and parcel of taking on the responsibility of being an adult who has "things."  Having a great communication with your insurance agent at Lebherz Insurance in Frederick MD will help you to understand better how to take on ownership of your home with grace. 

It is a great idea to discuss with your agent how certain aspects of your pet ownership may affect your policy. We typically consider purchasing a pet insurance policy to ensure our pet’s health is covered. Insurance is like life – it is all in the details. Some individuals decide to add their pet into their life insurance policy and will, actually stipulating what i could happen to Fido in the event of their demise. 

The answer to the article title question is not cut and dried. The pet is not covered. Another factor of coverage is what the liability issue is. Owners of particular breeds add an arm to the homeowner’s policy to include a situation where their dog may injure an individual who comes into contact with the property. Speaking with your agent at Lebherz Insurance which serves Frederick MD and the surrounding areas is a good first step in determining and obtaining adequate coverage.