Businesses that perform services in residential homes often operate out of industrial or residential space with little to no foot traffic from customers. This includes businesses like home repair, HVAC, plumbing, and carpet cleaning. Almost all custom contact happens at the customer’s resident or place of business. If a business doesn’t have customers walking onto its property then they have one less category of liability to worry about. So how does this situation affect a business’s insurance needs?

How Commercial Insurance Protects Non-Retail Businesses

Even if a business doesn’t have a retail location, commercial insurance is still necessary, especially when a business’s main focus is performing work on people’s homes. Mid Atlantic Insurance Financial serving Laurel, MD understands the needs of non-retail service businesses. Commercial insurance protects against claims of damage, negligence, or shoddy workmanship.

A home repair and construction business can be held responsible for any damage done while repairs or build-outs are taking place. A business owner may face a situation where a small repair ended in a burst pipe or damaged drywall. The business performing the work is liable for plumbing or other repairs that the business does not or cannot perform itself.

Working on someone’s home opens up the service provider to a potentially costly and emotional claim. People care a great deal about their homes. Protecting the customer’s home should be the goal of all businesses that perform home-related services.

Commercial insurance protects a business against things like:
– Damage to a customer’s property
– An injury caused to a customer or guest by the presence of performance of work.
– Claims of poor or shoddy workmanship
– Claims of injury due to chemicals in products used in performing work.

Businesses in Laurel, MD who want to protect their assets, equipment, capital, and property have found the right insurance for their type of business with Mid Atlantic Insurance Financial. Contact us today to discuss how we can save you money and protect your business.

 

"How much Insurance coverage should I have and how much do I need?"

It is one of the oldest questions asked by clients in the insurance industry. The bad news is there is no such thing as a one-size-fits-all answer. The good news is you have the answers to those question.

Getting Answers

Is your household expecting a new addition? Are you about to send a child to college or is one finally leaving the nest?  Is the property value in your community on the rise or is it declining? Do you live in a region with concerns like flooding? 

These are just a few of the questions that will determine what and how much coverage you may need. Of course, you aren’t expected to have all the insights and knowledge pertaining to insurance coverage and policies. Getting answers to such questions will require finding an experienced, caring and professional agent.

Getting the Right Answers

Servicing our friends and family in the Laurel, MD region is what the folks at the Mid Atlantic Insurance Financial agency are all about. That means taking the time and putting forth the effort to learn about you, your family, your home and your needs.

No two people, families or homes are alike. The right insurance and coverage is the one that will fit you and your home. If you are looking for insurance or looking to compare your current policy, Mid Atlantic Insurance Financial is here to help.

Get insurance made to fit you and your life and rest easy knowing you are covered. The right insurance policy for you is one that works within your budget, meets your needs and that offers you peace of mind.

Contact us to discuss your insurance needs and to find coverage that fits you, your home and your life.

Accidents happen every day. When you’re a homeowner in the Laurel, MD area, you want to know that you’re covered. Home insurance is one of the best ways to feel as though you are protected.

Mortgage Companies Require a Policy

If you still have a mortgage on your home, mortgage companies dictate that you need to have a home insurance policy. This is designed to protect their investment in the event that there is a fire, a flood, or any other major problem. Mid Atlantic Insurance Financial agents can help you to shop a home insurance policy that makes sense based on the type of home that you have.

Anything Can Happen

You cannot possibly anticipate everything that could happen in and around your home. If there is a major storm, it could cause broken windows or significant damage to your roof. If someone forgets to turn off the stove, there could be a fire. Your home could get broken into. Someone could fall on your property. The list goes on and on.

As the homeowner, you are financially responsible if something happens. You are going to depend on a home insurance policy to help provide financial assistance. Filing a claim will make it easier for you to make repairs to your home, handle a lawsuit if someone gets injured on your property, or replace the valuables that were stolen.

If your home is already paid for, you are not required to have a home insurance policy. However, you really need one because it provides you with the financial protection against anything that could occur.

Mid Atlantic Insurance Financial has been helping homeowners throughout the Laurel, MD area for years. When you need home insurance, you can get personalized assistance to find a policy that will fit your individual needs.

 

 

 

The holidays are a perfect time to have fun, relax and create indelible memories with friends and family. As such, it is vital to keep your living space safe to protect your loved ones. Here are some of the measures you could take;

Ensure that your home’s insurance policy includes a liability insurance cover

Even with all the above precautions, accidents could still occur in your home. A liability insurance such as the one provided by Mid Atlantic Insurance Financial covers you against such accidents. In such a case, the insurer will meet the accident’s medical expenses up to your policy’s limit. 

Secure the home against intruders

The crime rate during the holiday season is usually high. Therefore, you need to secure your home against burglaries even if you do not plan on traveling.

Use secure decorations

Decorations are a major part of the holidays. However, you need to observe the highest standards of safety when installing them. Place any decorations close to the walls to avoid tripping. Hanging decorations should also be securely strapped to keep them from falling and hurting your guests.

Area rugs and carpets should be secured in place with non-slip pads to reduce the chances of tripping. Alternatively, you could temporarily remove them.

Be mindful of what foods your visitors eat

Most people are allergic to one food or the other. The last thing you want to be accused of is poisoning your guests through the food you provide them with. Ask or inform them in advance of the foods you have or intend to prepare.

The Mid Atlantic Insurance Financial Agency has been serving the Laurel, MD area since 2005. Contact us today for tailor made home insurance coverage options. You can also get a free estimate of your policy on our website. 

Having home insurance is important for protection and peace of mind, but it’s more than just the policy. It’s also the company the policy is through. Some companies will simply provide more value and customer service than others, so you want to make sure you’re choosing the one you can work with and rely on. Trusting your home insurance company is very important. With Mid Atlantic Insurance Financial, you can get the coverage you need for your Laurel, MD home. That way you know you’re covered, and you don’t have to worry about being financially protected at your home.

Not all policies are the same, and that’s true of companies, too. Since you know there are differences, you want to focus on those differences and find the company and the policy that can provide you with everything you need to keep your home protected. From standard home insurance policies to options that cover more than just the basics, the right insurance company can help you get everything that’s important to you. Then you don’t have to worry about being properly protected, and you can just enjoy your home without concern over financial problems if you need to make a claim or something gets damaged.

By choosing Mid Atlantic Insurance Financial, your Laurel, MD home can be protected the right way. You’ll also have the opportunity to work with your agent when you have questions and can get the information you need to make an informed decision on proper coverage. As your needs change in the future, your agent will also help you navigate the options you have and provide you with choices about the best kinds of coverage in the future. Then you’ll always be up to date and your home will be protected the right way.

If you are new to owning a home, or are considering buying your first home, you may be wondering when you should purchase home insurance. These are some helpful points to get you started so you can feel secure knowing that you are protected in the event of a covered loss.

Purchase Insurance At Closing

As soon as, the paperwork is completed and closing is wrapping up, you should make your homeowner’s insurance purchase. You want to walk away will peace of mind knowing that you don’t have to worry if something happens. Always maintain coverage on your home, especially if you are financing. In fact, in most cases, your insurance can be included with your mortgage so you don’t have to worry and your lender will be protected too.

Make Sure You Buy Enough Coverage

When calculating the amount of home insurance you need, you should not only consider the cost of materials, but the cost to rebuild including labor and expenses. You can opt to purchase replacement or actual value. You should speak with your insurance representative about each option to help you determine which one best suits your needs. Don’t forget to include the contents of your home so if you do experience a covered event, you can replace your major appliances and valuables and get back on track quickly. Don’t forget to keep an updated list of contents and notify your agent of any additions or changes to your home. If you live in Laurel, MD, Mid Atlantic Insurance Financial can help you get started and answer any questions you may have about homeowners’ coverage.

Don’t leave your investment to chance. Get your home insurance coverage right away and keep it up to date to prevent any uncovered losses you may incur in the future. For more information, if you live in or around Laurel, MD, Mid Atlantic Insurance Financial can give you the assistance you need. Call or stop by today to get started.

Home insurance may seem like a necessity to some or a burden to others. Depending on the value of your home and your financial situation, you may be tempted to drop that extra expense of having home insurance. There are more consequences than meets the eye, so most people should keep up with their home insurance. If you live in Laurel, MD, Mid Atlantic Insurance Financial may be able to get you a good deal for home insurance.

Your Bank May Require It

Many banks will mandate that you have home insurance under the terms of your mortgage. You should review your mortgage agreement thoroughly as it may just cause a foreclosure.

You Are Open To Lawsuits

If you have guests at the house and somebody slips and falls, you may have a legal issue on your hands. If a lawsuit is made against you and you are found to be at fault, you will have to cover the damages on your own.

Your Personal Belongings Are Not Protected

If a natural disaster wrecks your personal belongings, then you will have to go out and purchase new stuff on your own. One of the main reasons why people get home insurance in the first place is to protect your personal belongings. Repairs to the house will also be your responsibility.

In the end, it is completely legal to not have homeowner’s insurance if you really don’t want it. Aside from your own personal financial risks, there are no legal penalties for not having it (unlike driving an uninsured car). If you own your house in cash and you are confident that you can cover the risks on your own, then you are free to live without insurance. For the rest of us in Laurel, Mid Atlantic Insurance Financial will have us covered.

 

 

 

You do not have to spend a lot of money to add equity to your home and increase its value. Whether you are interested in raising the price of your home to sell it or are exploring your options, it is good to know some of the easy things you can do in your home. Use these tips from Mid Atlantic Insurance Financial, serving Laurel, MD, to increase your home equity without spending a ton of money. 

• Modernize your kitchen. Depending on what your kitchen looks like, you can give it a facelift for under $5,000 and get a return of a 3-7% increase in your home equity. You can do things like changing your cabinets, add some backsplash, change the fixtures, and even put in some new appliances. This can change the entire look of the kitchen and can provide you a great return. 
• Paint some rooms. You do not have to repaint your entire home but you should consider repainting the rooms that have the most damage. If a paint job still looks great, you should not touch it unless you want to change the color. This can cost less than $1,000 and provide you with a return of 1-3% in equity.
• Upgrade your curb appeal. Sometimes buyers will not even look inside a home if the exterior looks bad. Take some time to make your exterior look better and you could increase your equity by 2-5%.

Whether you are looking to sell or you are just looking for ways to increase equity for the future, these are some great ways to get started. You should also always have a great home insurance policy to ensure that your investment is always protected. Contact Mid Atlantic Insurance Financial, serving Laurel, MD, to learn more about your options and get some free quotes. 

Party With Caution

One of the joys of owning a home is the freedom to invite friends and relatives over for parties whenever an occasion calls for such. However, parties that involve friends of friends and people you may not know can go south quickly when a party goer is accidentally injured on your property. What you may find out quickly is that you may be at fault for a significant amount of money if you don’t have the proper coverage included within your policy. Your insurance experts at Mid Atlantic Insurance Financial serving Laurel, MD will assist you in determining the type and level of insurance needed to ensure that you don’t find yourself in a situation like this. 

Be Aware of the Potential Dangers in Your Home

As a homeowner, it is important to realize what parts of your home may pose an injury risk to house guests. This is especially true when children are involved. Children tend to be unpredictable at times, especially during the excitement of a party. What may seem like a safe part of a home for an adult, may be extremely dangerous to children. This can include stairs, heavy furniture that isn’t anchored to a wall, or exposed electrical outlets for younger children. Speaking with your Mid Atlantic Insurance Financial agent and sharing details about your home will guarantee that your insurance agent will help you make the best decision.

Pool Owners 

 Homeowners in Laurel, MD with a pool should consider liability coverage a necessity as part of a home insurance policy. Due to the unpredictability of others when it comes to using a pool, homeowners can never be too cautious when it comes to this part of their home. Working to ensure that your pool is as safe as possible, at all times will prevent most accidents, but nothing is ever fooled proof. Being sure that you have the proper coverage included within your home insurance policy will prevent the severe damage of any party fouls.