What Is Flood Insurance and Why Is It Important?

Flood insurance in Frederick, MD is a type of insurance to protect your property and covers losses caused by water damage as it related to flooding. A separate rider can be used to cover sewer backup. This policy is different from a homeowner’s policy, since it only covers losses due to flooding, while home policies will cover more losses. Standard home insurance policies don’t cover flooding. In order to purchase flood insurance, your community must participate in the National Flood Insurance Program, but most communities do participate in it. You can buy insurance through a private insurer such as Lebherz Insurance.

Floods are one of the most common natural disasters and these events can affect anyone. Without flood insurance, it can be too costly for owners to rebuild or repair their home. Flooding can hit anywhere, even in low-risk areas. If you do live in a high-risk area and have a federally backed mortgage, you may be required to have this insurance.

A single-family home can be insured for up to $250,000 and the contents up to $100,000. If you are just renting your home, you can still get flood insurance for the contents up to $100,0000. For those owners of commercial buildings, you can insure the building up to $500,000 and the contents up to the same. It’s important to buy a flood insurance policy before you need it. Coverage includes the home and the foundation, plumbing, and electrical systems, HVAC equipment, kitchen appliances, permanently installed cabinets, paneling and bookcases, window blinds, and the water heater. For personal property, coverage includes clothing, electronics, furniture, portable dishwashers and microwaves, carpets not covered by the building policy, your freezer and frozen food inside, and up to $2,500 in valuables.

Contact Lebherz Insurance, serving Frederick, MD, to get a quote on flood insurance.

Life Insurance Provisions For Your Family Pet On Your Policy

Indeed we are a pet-friendly bunch in Frederick, MD. The knowledgeable agents at Lebherz Insurance are no different. When you consider how important your family pet is to your life, it would naturally occur to you that they need to be provided for in case you were no longer here. While there are insurance policies that you can take out that are solely focused on your pet with provisions for euthanasia and their overall general health, your life insurance policy can be used to provide for them as well.  It is not something that we think about every day but it is a responsible consideration. What happens to your beloved cocker spaniel if something happened to you? Many pet owners add a provision to their policy which pertains to their pet. Setting up a trust for your animal in the event of your demise is a way to ensure they have adequate care. The funds are there in trust and are distributed according to your directions. You have to decide who Is in charge of the said trust. In this way, your pet can be a beneficiary of your insurance proceeds.

Located in Frederick, MD 21701, Lebherz Insurance is conveniently located to serve all of your insurance needs. In addition to life insurance, we provide coverage for your home, auto, commercial, cyber liability, professional liability, brewery, flood, recreational, and umbrella insurance. We take into account the area that we live in and the special needs of the customers that reside here in Maryland. We also provide service for clients in the following states: Pennsylvania, Virginia, West Virginia, Delaware and Ohio. Stop in or call us today. Ask us what we can do to help protect the things that you care the most about.

Is Your Taproom Protected?

You’ve perfected your brew, cultivated a following and the next logical step for your craft brewery is, of course, a taproom, tours and even clever merchandise with your name splashed all over it.  However, what even the savviest of beer masters forget about is the unforeseen exposures growing their business opens them up to.

Taproom Risks

Brewery taprooms in Frederick, MD are gaining in popularity and rightly so. They are a fun way to share your passion for beer with your followers. But it also means feeding those followers. Enter in food trucks.  The marriage of food trucks and taprooms is a natural one, but one that should be entered in cautiously. Food trucks operating on your property make you liable for any injury aka food poisoning to your customers. This is known as vicarious liability.  

Of course, it’s not just food poisoning that you have to worry about. Let’s say after a long night, your food truck operator is pulling out and accidentally strikes a customer.  You can be considered vicariously liable for the accident. Lawsuits are expensive and can have you closing your doors faster than you can say Hefeweizen. The solution to protecting your business is not only to ensure you have the proper liability limits on your general liability policy; the experts at Lebherz Insurance recommend carrying at least $1 million. But to ensure that your food truck vendors have the appropriate coverage as well.

It’s essential that in addition to having sufficient general liability limits, they name your brewery as an additional insured. This protects you if you are sued because of the food truck operator’s actions under their policy, making your policy a secondary coverage.

You’ve worked hard to get your business up and running. Don’t let someone’s else’s mistake chance losing it all. If you are an independent brewer in or around Frederick, MD, let the insurance experts at Lebherz Insurance guide you through the coverages you need to protect yourself and your brewery.

What Is Covered By Professional Liability Insurance?

The agents of Lebherz Insurance in Frederick, MD,  specialize in Professional Liability insurance.  Professional liability insurance coverage protects you from the risks in the delivering of professional services. Professional liability insurance (PLI), is also referred to as Professional Indemnity Insurance (PII).   Professional liability insurance coverage is an errors & omissions form of liability insurance.   Professional liability insurance coverage should be obtained if you or your business gives advice to clients and provide a professional service,   You face legal liability for errors you allegedly made in your services or for ommissions in providing services that should have been implemented.

One who provides any professional service that causes financial harm may face legal action.  For example, Professional Liability Insurance is used, but not limited to by attorneys, physicians, appraisers, notaries public, real estate brokers, management, information technology service providers, insurance agents, home inspectors, consultants, software developers, website developers, quality control specialists, architects, landscape architects, engineers, and quality control specialists.

Professional liability insurance policies are based on a claims-made basis. Thus,  any covered error, omission or negligent act must have been committed before the expiration of the policy.  Any claims for professional errors or omissions that occurred before the policy was active or after the expiration of the policy is typically not be covered. 

Professional liability covers a  broad range of potential risks such as professional negligence,   confidentiality breaches and loss of documents or data. For instance, if you emailed, by mistake, data to the wrong person.   The covered professional’s conduct must be consistent with the standards of his or her profession, to avoid any claims.  Professional liability insurance does not cover criminal acts, libel and slander, breach of warranty, personal injury, and breach of contract.

The agents of Lebherz Insurance in Frederick, MD, will offer a Professional Liability Insurance policy that meets the unique needs of your business.  Please contact us and call for an appointment!

What Everyone Should Know About Cyber Liability Insurance

As our society becomes more reliant on technology and the internet, the risks can increase. If you own a business that relies on the internet, it’s time to learn more about Cyber Liability Insurance and why you should have it. If you are in the greater Frederick, MD area and have questions about this fairly new type of protection, the team at Lebherz Insurance is here to answer your questions.

What is Cyber Liability Insurance and Why Do You Need It?

If your firm falls victim to hacking or a data breach you can be held responsible for any loss that your customers experience due to the breach. Additionally, you may suffer an inordinate amount of reputational loss due to the hacking event. Without insurance, these events can be difficult to overcome and can result in your business failing. A comprehensive Cyber Liability Insurance policy can protect you from:

  • The cost of your system being down due to a hacking
  • Notification costs and the expense of letting your customers know about the breach
  • Any copyright infringement or other nefarious activity that the hackers conduct
  • Losses due to identity theft
  • Damage to technological systems

If you conduct business via the internet and store valuable information for your clients that could be misused in identity theft, it’s time for you to review your Cyber Liability Insurance policy options. Don’t fall prey to hackers and allow their misdeeds to destroy your company and everything that you have worked so hard to achieve.

Don’t leave yourself or your customers at risk, find out more about Cyber Liability Insurance and how it can help protect you and your interests. If you are in the greater Frederick, MD area, the team at Lebherz Insurance is here to provide the information you need.

The Growing Problem Of False Roof Damage Claims As A Result Of Hail

Hail is one of the most dangerous weather events for homeowners. Hail can create holes in a roof, allowing moisture to seep into the infrastructure of the home. This moisture can cause water damage to electrical wiring, drywall, insulation, and flooring. Some people, however, take advantage of a hail event and file false claims to get their roof repaired or replaced. 

False Roof Damage Claims

There is an increasing problem with insurance fraud stemming from weather events leading to hail damage. People who have older roofs or have existing issues can take advantage of the situation by creating damage or claiming the existing damage occurred as a result of a hail event.  Insurance agencies have developed measures and guidelines which significantly reduce the number of false claims. 

Providing You With Quality Insurance Products

Reliable and thorough insurance agencies are dedicated to helping individuals with legitimate claims and preventing false claims as a result of hail. Residents living in the Frederick, MD area need coverage they can count on to help them recover from hail damage and prevent false claims. If you are needing high-quality insurance products, check out Lebherz Insurance. They have skilled agents who can work with you to give you products to protect your home.

Give you and your home the coverage needed to prevent financial losses as a result of storm and hail damage. Residents who live in the Frederick, MD area can count on Lebherz Insurance to work with them and suggest quality coverage to prevent gaps and ensure protection year round. Call or stop by our office to speak with one of our skilled agents today. 

Issues With Home Insurance You Might Not See Coming

At Lebherz Insurance, we see unprepared Frederick, MD area homeowners get hit by problems that they simply didn’t see coming. Many of these insurance issues can complicate their coverage and make it difficult for them to pay for serious problems.

Ignoring Critical Natural Disaster Coverage

Even if you don’t live in an earthquake or flood zone, you should probably still have some type of coverage for these problems. Most Pacific states can experience some type of earthquake and even Midwest states can experience tremors from large ones. And floods can happen to just about any state or any area near a river.

Mold Lapses In Your Coverage

Many homes are affected by severe mold growing in the basement and spreading to other rooms. If you don’t have mold coverage on your home, you are going to experience some major issues. Unfortunately, this lapse could mean that you end up having to pay everything for mold remediation and end up losing thousands of dollars or more.

Buying Only Based On Price

Trying to save yourself money on insurance coverage is understandable but you can’t base your policy entirely on the price. That’s because lower-priced policies provide less coverage and could leave you suffering in the long-term. Weigh your options carefully and base it on what types of coverage you need not what it costs.

Bundling Mistakes

When you are trying to bundle your insurance policies, you need to make sure that you do it properly. For example, you might try to bundle multiple insurance coverage types from multiple providers into one unified package. Sorry but bundling just doesn’t work that way. You have to do it all from the same company, meaning you might end up stuck with high-cost policies that can’t be bundled.

So if you are worried about these issues and want to make sure they don’t affect you, please don’t hesitate to contact us at Lebherz Insurance. Our policy writers will work with you to ensure that you get the best policy Frederick, MD area insurers to have to offer.

What Role Do Hail Chasers Play in Insurance Fraud?

After a storm in Frederick, MD, hail chasers, or storm chasers as they are sometimes referred to, will canvass neighborhoods looking for homeowners that seem vulnerable to scams. They go door to door and leave hangers on doorknobs. They will also speak with homeowners and convince them that roofs could have sustained severe damage from the recent storms. They will offer the homeowner a free inspection, or even a replacement for the roof. The word "free" can sometimes entice homeowners, or the hail chasers will use scare tactics to trick the homeowners into agreeing to replace the roof by emphasizing damage and potential problems that can occur. Some scammers may inflict their own damage to the roof to convince homeowners there is a problem. Some of the scammers will use coins to scrape roof shingles off, or create indentations that look like damage by hail.

The homeowners that fall for these schemes will then file home insurance claims for a roof replacement. Insurance companies will use professional techniques to know if the hail damage is real, which include forensic engineers who know hail activity and can detect any intentional damage versus the damage the hail does cause.

If something seems too good to be true it is. Hail may cause damage to one home and not another, so the tactic that hail chasers use of saying that your neighbor got a new roof so you should too won’t hold up. Hail chasers can make big promises and sometimes take the money and run. Never give money and start work without filing a claim with an insurance agent at Lebherz Insurance. If your claim is denied, you could be on the hook for any money that is lost and the work the roofer has done.

Contact Lebherz Insurance, serving Frederick, MD, to get a quote on home insurance. 

4 Mistakes People Make When Buying Small Business Insurance

You could be an expert in the area of your small business but know very little about business insurance. Others downplay the essence of having the appropriate policy cover for their businesses. Due to inadequate knowledge and assumptions, small business owners make a lot of mistakes. Here are some key areas they should be aware.

Buying Cheap Insurance

While business is about maximizing profits and minimizing costs, choosing the cheapest insurance is risky. Cheap premiums mean that your small business is not getting sufficient coverage. Lebherz Insurance is excellent at assisting clients to choose the ideal policies for their business. Choose value and not price when buying a policy cover.

Lacking Cyber Insurance

Almost all businesses, including small-scale, have integrated digital and internet technology. Any business utilizing the cyber world ought to have cyber insurance. Unfortunately, small business owners believe that they can never be targets of cyber crimes because of their small nature. This misconception will cost your business if you do not purchase a policy.

Failing to Adjust the Insurance

Your business may be small, but it could be dynamic. Most businesses in Frederick, MD begin small, but they grow as time passes. Evolvement or any other form of change must be reflected on the insurance policy. Always ensure that the business policy is always covering the present nature of your business. Many business people forget to adjust their policies, and that could cost when making claims.

Failing to read the Policy

Few business people take time to read and understand their policies. Other don’t bother yet it is a requirement from all agencies and insurance companies. Agencies in Frederick, MD, for instance, would not sign an insurance contract before the insured reads the policy document. Ensure that you are purchasing a policy that includes all fundamental areas. Lebherz Insurance welcomes inquiries, contact them for more information.

A Checklist for Your Next Road Trip

A successful and uneventful road trip requires meticulous planning and preparation. Inadequate planning will lead to delays, inconveniences, and frustrations. If you are planning for your next road trip, here are the key things you should look into:

Inspect your car
Part of the planning process should involve inspecting every aspect of your car to avoid breakdowns. Ensure that you have the right oil for your car and that you’ve changed it if necessary. It is prudent to carry some extra oil to be on the safe side. Check that the tire pressure and make sure they are fully inflated. Refill the windshield washer, coolant, and brake fluid. The wipers should also be in perfect working condition. Check on the condition of your spare tire. Wash and clean the car thoroughly so that you set the right tone for your trip. 

Ascertain that you have the necessary supplies
If you are going to an unfamiliar area, you will need to have a map. The first aid kit too should have all the supplies including antiseptic, band-aids, bandages, and so on. Take loads of water so that everyone stays well hydrated. A flashlight or two would be ideal in case your car battery dies at night. Phone chargers, a wireless kit, and other supplies to keep you entertained will come in handy. 

Check on your insurance status 
Driving with an expired insurance policy could spoil or cut short your road trip. Make sure that you check on its status before you set off. Consult your insurance providers on what damages your policy covers and whether you might need any more coverage for your road trip. 

Planning your next road trip in Frederick, MD and you need to know more about auto insurance? Contact Lebherz Insurance for a free estimate on your auto insurance coverage.