Why Workers Compensation Is An Asset To Arkansas Business Owners

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Foresee General Insurance Agency, Inc. serves the Harrison, AR community and offers a wide range of insurance coverage. We like to help educate our clients so that they can find coverage that aligns with their individual needs. Our team proudly serves the community as an independent insurance agency.

The Benefits Of Workers Compensation

As a business owner in the Harrison, AR community, you are aware of the day-to-day responsibilities of organizing things. To protect your investment and help things run smoothly, consider the benefits of commercial insurance. The policy protects you against some of the risks associated with operating a business. You will be covered if any of your property is stolen or damaged. You are also covered if one of your customers is injured while visiting your business. One of the most important parts of your commercial insurance policy is workers’ compensation.

Workers’ compensation allows you to protect your business while also showing how much you love your employees. The policy primarily protects your business if one of your employees is injured in the marketplace. Workers’ compensation prevents you from being held liable for potentially huge losses and damages that may arise through a liability dispute. Workers’ compensation will cover your employees as they go through the rehabilitation process. The policy covers your employees if they pursue forms of physical therapy or other innovative treatment methods. If your employee becomes disabled, workers’ compensation will protect your business and provide coverage.

Workers’ compensation is an asset to your business because it shows your employees that you value their contributions to the company. This can help you attract some of the top talents in the industry. A good workers’ compensation policy not only protects your business but sets it up to have success in the future.

Foresee General Insurance Agency, Inc. Will Help You Protect Your Investment

Visit our website to learn more information about commercial insurance.

Home Insurance Variables To Consider While Researching Coverage

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Foresee General Insurance Agency, Inc. serves the Harrison, AR community by offering residents different insurance coverage types. We strive to help our clients find policies that will help them protect their assets. We will work with you to find coverage that fits your individual needs.

Home Insurance Variables To Consider

Your Harrison, AR property is one of your most significant investments. Home insurance helps you protect it. Home insurance covers you if your home’s structure is damaged. Your personal items are also covered if they are stolen. You can amend your policy to provide different types of liability coverage. You will be protected if someone gets injured while they are visiting your property or if you cause damage to someone else’s property. Here are some other variables to consider while researching coverage.

Pets

If you have a pet, liability coverage provides protection when your pet is having a bad day and bites someone or vandalizes their property. The policy may differ based on the type of pet that you have.

Renovation Projects

If you plan a renovation project, you’ll have to add coverage to protect your home if something happens like a fire or hurricane. Once you have completed the project, it’s probably a good idea to have it appraised. That way, you can determine your home’s true value.

Special Accessories

If you have special accessories attached to the structure of your home, such as a swimming pool or trampoline, you’ll have to amend your policy to provide extra liability protection. The extra liability protection is necessary because the chance that someone may get injured while using these accessories is much higher than normal.

Foresee General Insurance Agency, Inc. Will Help You Protect Your Investment

Visit our website today to learn more information about home insurance.

What Is Comprehensive Auto Insurance in Harrison?

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If you’re looking for auto insurance in Harrison, AR, you may have heard of comprehensive. This is a catch-all term that may make you think that all events are covered, regardless of how they occur. However, the actual terms of comprehensive aren’t as straightforward. Foresee General Insurance Agency Inc. wants you to have all the facts, so you can decide which type of insurance is right for you. 

What Does Comprehensive Insurance Cover?

The idea of comprehensive is that it covers more than liability or collision insurance options. So this includes theft, vandalism, and natural disaster damage (e.g., fire, storms, etc.) It also covers damage from accidents that weren’t caused by two cars colliding with one another. So if you hit a deer under this policy or a tree happens to fall on your car, the repairs are likely to be covered. 

Do I Need Comprehensive Insurance?

Usually, you’ll need comprehensive insurance if you’re going to lease or finance your car in Arkansas. This is so the lender can protect their investment if something happens that you can’t cover. However, it’s not required by law to have. Comprehensive insurance is usually right for you if you live or travel to areas where you will need more protection than basic insurance. For example, if you don’t want to take the chance in case your car is stolen. 

If you want to learn more about comprehensive auto insurance, Foresee General Insurance Agency Inc. is here to help. Our staff in Harrison, AR can answer questions about the kind of car you have and what kinds of threats or dangers are most likely to befall it. Give us a call today so you can choose for yourself the best possible policy for you. 

How commercial insurance can save my small business

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Having a small business comes with lots of work and worry. One thing you should not have to worry about is your commercial insurance. With a trusted independent insurance agent, you can be assured that the coverage you have fits your business needs. Commercial insurance is not one size fits all. Your insurance should be customized to your business to not pay for coverage you don’t need. In Harrison, AR, the agency to go to is Foresee General Insurance Agency Inc.for friendly and knowledgeable service. 

Keeping your small business viable is important, and even if you are hit with a peril that renders it non-operational, you need to know your business will survive. Business interruption insurance is the way to do that. While it won’t protect you from every eventuality (be sure to read the exclusions on this policy) for most common perils such a fire or storm damage, this will provide the money you need to make your payroll and expenses payments. 

Being sued is a danger for any business, no matter the size, but small businesses are especially vulnerable. It is unlikely that you have an army of lawyers to defend you, and having Commerical liability insurance is the best way to make sure you have the money you may need to pay a judgment against you. 

Commercial property insurance protects a lot more than just the physical building where your business is located. It covers your office equipment, customer records, inventory, and everything inside your building. Getting these things replaced or repaired means you can be back in business sooner. 

These are just a few of the potential commercial insurance pieces that may help save your small business if you have a covered peril. To learn more about the other types of coverage available, call or visit the experienced agents at Foresee General Insurance Agency Inc. in Harrison, AR for a no-obligation quote.

Do I need home insurance once I pay off my mortgage

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If owning your own home is the American dream, paying off your mortgage is the next step. After all those years, your home is finally yours. No more mortgage payments, and now you may be wondering if you could save even more by dropping your home insurance. There are no laws in any state that requires that you carry home insurance, but unless you live in a bubble, it may not be the best idea in the world. Residents of Harrison, AR and the surrounding area can count on Foresee General Insurance Agency, Inc. to fill all their insurance needs. 

In the simplest terms, home insurance offers some valuable protection that you probably still want to keep even after your mortgage is paid off. It covers the physical building against a lot of hazards. It also covers structures that are attached to your main building and some detached structures as well. Assuming that you love your home, which most people do, you wouldn’t want it to be destroyed and not be able to rebuild. 

Your home is filled with memories and also with your possessions. Think about trying to replace everything that fills the rooms of your home, the closets, the drawers, and the cabinets. You own a lot of stuff. You count on most of it to function every day. Try to imagine living without it. Not worth contemplating for most people. 

Liability is something that is maybe the most crucial coverage of all. It only takes a minute for something to go wrong and for you to be sued. Losing everything that you have worked so hard for years to accumulate is the stuff of nightmares. 

Once your mortgage is paid off, you could let your home insurance lapse, but that would be a very bad idea. Too much depends on it. 

If you want to reaccess your home policy or get a policy review, give us a call at Foresee General Insurance Agency, Inc in Harrison, AR. We will sit down with you and make sure you are getting the coverage you want at a price you can live with.

What are my auto insurance requirements?

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When you are in the Harrison, AR area, you are likely going to want to own a car to ensure you can get around town. One task that you need to take seriously involves picking your auto insurance policy. All people in this area will have a variety of different auto insurance requirements that should be taken into consideration when choosing your next policy.

State Minimum Requirements

Similar to other states, Arkansas requires all drivers to carry the state minimum level of liability insurance. This coverage ensures that all drivers can pay for damages if they cause an accident. In this state, you will need to carry bodily injury coverage of at least $25,000 per person and at least $50,000 per incident cap. Additionally, you will need to have property damage coverage of at least $25,000, which will cover and protect your vehicle. 

Compliance with Lender

Beyond meeting the state minimum requirements for auto insurance, you also need to spend time assessing your auto insurance requirements with your lender. If you have taken out a loan to buy the car, you are going to need to have auto insurance on the vehicle at all times. Most lenders are going to require that you carry a policy that has a reasonable deductible as well as full collision and comprehensive insurance protection. 

When you are in the Harrison, AR area, you are likely going to have a variety of auto insurance requirements. To ensure that you comply with these requirements, you should call the team at Foresee General Insurance Agency, Inc. The insurance team at the Foresee General Insurance Agency, Inc. can help you to assess your need better and ensure you get into a policy that provides you with full legal and loan compliance. 

Why should I consider an umbrella policy?

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If there is one type of insurance that is virtually unknown by most people, it is umbrella insurance. If you are like most folks, you probably have no idea what umbrella insurance is and why you would want to have it. The name is intriguing, but not precisely self-explanatory in the way that collision coverage is or health insurance. Most people know what an umbrella is and when to use one, but how does that translate to insurance? If you are shrugging, you are not alone. At Foresee General Insurance Agency, Inc. in Harrison, AR, we aim to provide our customers with the best information and insurance products available. 

In order to purchase umbrella insurance, you must already have a policy that provides liability coverage. It can not be purchased alone. Some of the policies that offer liability coverage are business insurance, homeowners, and auto. The umbrella extends the liability coverage of the original policy. Once you have reached the initial limit, the umbrella kicks in. Typically umbrella policies provide between 1-5 million dollars in protection. Given what judgments can run these days, you may even go higher than that. 

An umbrella policy offers the same protection as a regular umbrella, except instead of protecting you from the weather, it protects your hard-earned asset from being lost to legal action. It can also help you to pay for the legal representation that you may need. You have worked hard to accumulate the assets that you have, and with an umbrella policy, you can have peace of mind. You have the protection you need.  

Now that you know what umbrella insurance is and how it can be of benefit to you, we welcome you to call or visit the office of Foresee General Insurance Agency, Inc. in Harrison, AR. We will provide a no-obligation quote and answer any additional questions you may have.

Top myths about flood insurance

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As residents of the Harrison, AR area, you know that having the right insurance policies in place is critical to protect your home. Unfortunately, the agents at Foresee General Insurance Agency, Inc., know all too well that homeowners can end up without proper flood insurance due to popular myths. Below we have put tother a list of the most common myths homeowners need to avoid when it comes to flood insurance. 

My Homeowner’s insurance policy provides coverage for floods.

By far, the myth that a homeowner’s insurance policy will provide coverage for flooding is the costliest myth out there to homeowners. Flood coverage is a separate policy that homeowners must purchase. Too many homeowners make the mistake of assuming they have coverage only to find out they have no coverage after a devastating flood. 

I do not live in a flood zone, so I do not need flood insurance.

Another costly myth is believing that your home is not located in a flood zone, so you do not need flood insurance. Over the years, floods in areas not located in flood zones have seen an increasing amount of floods that have devastated communities. If if you are not in a flood zone, you should still consider a flood policy. 

I will wait until flooding is likely, and I will purchase a last-minute policy.

Unfortunately, waiting until the last minute to buy flood insurance is not a viable option. The majority of policies have a 30 day waiting period before coverage is effective. If you have concerns about flooding, do not wait to act. 

The federal government will pay for the damage.

FEMA may offer funds in specific cases, but it is not guaranteed, and it can be a complicated process. If you are concerned about flooding, do not rely on the government for protection. 

If you would like to learn more about flood insurance, reach out to Foresee General Insurance Agency, Inc., and speak with us today. We proudly Harrison, AR serve the area.

How Is Condo Insurance Difference from Homeowners Insurance?

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If you live in a condo, you need to have a specific type of insurance that is different from regular home insurance. Someone at Foresee General Insurance Agency, Inc. of the Harrison, AR area can assist you. Here are some key points that you should keep in mind in regards to their differences.

You Own Different Parts of the Property

When you’re a homeowner, you own your entire house and the land that it’s on. With a condominium apartment, you only own parts of the building. The homeowners’ association has ownership of the hallways and roof as well as other common areas of the building. However, you might be asked to pay for damages that occur outside of your unit.

If damages from wind go beyond the homeowners’ association’s master policy, they may ask you and other condo owners to pay something towards it with your own condo insurance. In this instance, it would benefit you to have umbrella insurance as well since the amount of coverage typically is higher and it covers more risky situations.

Homeowners Insurance Tends to Cover More

On average, a home insurance policy tends to provide more coverage than condo insurance. For instance, if you have a fence on your property that’s been damaged from the wind, your home insurance likely will cover the damages. Pay attention to what’s offered with the master policy and your individual condo insurance to see if it’s a good idea for you to have home insurance on top of that.

Part of this is assessing your belongings and knowing what the coverage limits are if you were to lose any of them. It’s always good to take photos and estimate the value of some of the more valuable items in particular. Then you can go from there to determine how much extra coverage you’ll need.

Achieve greater peace of mind when you are prepared with the right type of insurance to fit your situation. Talk to an agent at Foresee General Insurance Agency, Inc. of the Harrison, AR region. Reach out to us today for more information.

Benefits To Think About With Life Insurance in Arizona

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In life, there are many things that we can control and somethings that we cannot. While it would be amazing to live forever, unfortunately, that is not a wish that can be granted. It is vital to make sure that before we pass away, we do our absolute best to alleviate as much stress from our family and loved ones as we can. This is why life insurance is so important to focus on sooner than later. 

Foresee General Insurance Agency, Inc. is based in Harrison, AR, and has served the local community for many years providing many types of the necessary insurance to the residents. It is important to make sure that the community and their families are taken care of in every way possible legally just in case an unfortunate situation occurs and help is needed. 

Focusing on life insurance is imperative as it makes sure to help your family cover certain expenses after you pass away. While they are grieving, with life insurance, your family will be able to have some relief when it comes to how the funeral costs will be covered. Expenses that are necessary to preserve anything that they believe is important to remember you by, monthly bills such as rent/mortgage and taking care of kids can be handled easier when investing in life insurance sooner than later. 

Would you like to speak to one of our agents about your life insurance options today? To reach us by phone in our office you can call us during business hours at (870) 391-3723. Our agents at Foresee General Insurance Agency, Inc. are ready to work with you to find a policy that meets your needs in the Harrison, AR area.