Is Boat Insurance Required In Woodstock, Georgia?

Boating is a very popular sport in the United States. Some boaters simply love the peacefulness of sailing. Others love boats that are built for speed. Boats are powerful, and the use of a boat brings with it certain responsibilities.

Are there boating laws in Georgia?

Georgia, like most states, has rules and regulations regarding the responsible operation of boats. For example, in Georgia, you must be at least 12 years old to operate a boat of any kind. This includes a small fishing boat. Further, if you are between the age of 12 and 16 years of age, you are required by law to obtain a Boating Safety Certification.

It does not matter if you are a citizen of Georgia or a different state entirely. If you are between 12 and 16 years old, you but be certified to operate a boat in the state of Georgia.

Moral responsibilities

People who use the waters in Georgia for boating and water sports are expected to behave responsibly. Drinking alcohol while operating a boat is not only irresponsible, it is foolish. If you are in doubt of how foolish it is, contact Peter Laczko Insurance Inc. for insurance coverage in Woodstock, GA.

People often drive too fast and beyond their experience level. They get too close to other boaters or fail to see swimmers or skiers. The simple fact is, people are seriously injured and/or killed every day in boating accidents.

Is boating insurance required in Georgia?

The law does not require a boat-owner to carry boat insurance. There are times when homeowners insurance may cover the theft of a boat on your property but even that is not an “always case.”

However, if you are responsible for causing someone to be injured or killed due to your negligence or deliberate indifference, you can bet that they will sue you for damages and it can get very costly, very quickly.

A boat accident can happen so fast that it is often hard to determine what happened. Georgia has specific laws that tell you when and where you must report a boating accident.

Before you get behind the wheel of a boat and set off for an exciting day, be smart. In Woodstock, GA, contact Peter Laczko Insurance Inc. and educate yourself on what you should do to protect yourself and those you love.

 

Motorcycle insurance coverage options

Motorcycle insurance pays to repair or replace your motorcycle after an accident, damage or theft. The policy also meets your medical costs after an accident and handles your litigation fee if you are sued after an accident. At Peter Laczko Insurance Inc. we write motorcycle insurance in Woodstock, GA. 

Here are our motorcycle insurance coverage options;
Comprehensive coverage
This coverage option meets your motorcycle repair expenses after an accident. Also, it meets the replacement cost of your motorcycle if it is stolen or damaged by covered perils. 

Liability Insurance
Liability insurance pays your litigation fee if you are sued for damages by a complainant.  If the court finds you liable for damages, the coverage option steps in to pay your due damages. 

Personal Injury coverage
Medical expenses after an accident can be overwhelming to most people. This coverage option eases this financial burden by paying your medical expenses. Regardless of who is at fault, the coverage option will settle your bills. 

Collision Coverage
A collision could damage a third party’s motorcycle or vehicle. The coverage option pays to repair the other party’s vehicle or motorcycle regardless of who was at fault during the incident. 

Get Motorcycle Insurance in Woodstock, GA.
If you own a motorcycle, it is advisable that you take up a motorcycle insurance coverage for it. At Peter Laczko Insurance Inc. we offer reliable motorcycle coverage solutions to our clients. Our limits are set based on the local insurance needs; as such, you can be sure that our coverage will be ideal for you. Let us cover your motorcycle today; contact us and speak to one of our agents about your potential motorcycle cover. Visit our website for a free estimate of your policy; also, feel free to browse the site for other insurance policies. 

Insuring the business inside your home

A lot of people are running commercial operations, or businesses out of their homes. Many business owners are renters of the places where there businesses are, but when you operate one out of your home, that changes the rules somewhat. Professional staff at Peter Laczko Insurance in Woodstock, GA can advise you of your insurance needs when you operate a business in your home.

To some extent, your homeowners insurance is all you need. If you are a freelance writer, for instance, and customers ever enter your business, there may not be any need for anything extra. However, if you are a massage therapist or hairdresser, and people come to your home for service, you will have much different needs.

Your exposure to liability is a major concern when it comes to operating a business, and this is an area where you need to make sure  you are covered. Agents at Peter Laczko Insurance in Woodstock, GA. can explain the intricacies of how this insurance works, and can help you make sure you have the coverage you need.

But even if your business does not involve having the public in your home, you should also be concerned about your equipment or tools, that can get very expensive. You may be able to include it under your homeowners policy, but in some cases you will need an additional policy or rider to get the coverage you need.

Even if you are buying and selling items over the Internet, you will still want to make sure the property you are selling is covered against things like theft, fire or various storm damage. If you are an existing customer, come visit us and let us update your policy to reflect your current situation. New customers are always welcome too, and we can help you find the best policy to fit your situation.

What Is The Difference Between Homeowners And Renters Insurance

Renters insurance protects your personal property which is not protected by a condo association or your landlord, while renters and homeowners face similar risks.  Reports establish that only 37 percent of renters have renters insurance.  Renters insurance premiums are different depending on where you live.

Renters should be aware that that owner’s insurance policy is typically not written to cover any losses to the renter’s property if it is damaged or destroyed.  There are rental policies that required renters to insure their property.  

The landlord and the homeowner have similar risks. There is a definite advantage to the landowner if renters protect their property such as: 

*  To protect the landlord from renter’s  who sue the landlord for any property damage claiming the landlord has responsibility.
*  If the tenant claims it cannot afford insurance the landlord has the opportunity to not to rent to a tenant that presents a risk.
*   The Landlord shifts the risk to the tenant to reduce its responsibility.
*   Tenant damages to the apartment will cover the landlord’s deductible on its policy.
*   If the tenant is a business renter the tenant’s business is protected by its commercial business policy and not by the landlord’s policy.

The major difference between a landlord/homeowner and renters policy is cost.  Renter’s insurance cost less than homeowners unless the renter is a business covered by its commercial policy.

The landlord/homeowner’s policy covers structure while renter’s policy mainly covers personal property.  However, both policies are similar in determining loss either based upon actual cash value or replacement value.  There exclusions that may not cover unusual personal property or environmental threats.  It is clear that as a renter you lose autonomy.  Some insurers will exclude certain types of animals or breed of dogs.

Do You Really Need Golf Car Insurance?

If you use your golf cart extensively on the green or within your Woodstock, GA community, you may want to consider golf cart insurance. Golf cart insurance offers you liability, theft and property damage protection in the event of an accident. By consulting with an agent from Peter Laczko Insurance Inc. you can get a better idea if golf cart insurance would be beneficial for you.

Basic Coverage

If you do decide on golf cart insurance, basic coverage could include liability coverage for property damage and injuries, comprehensive coverage and collision insurance.

Liability insurance will pay for injuries and damages to others in an accident you cause. If you accidentally run into a pedestrian or bike rider while driving your cart in the community, your liability coverage will cover medical and property damage costs.

Collision coverage will help pay for damages to your golf cart if you collide into a car, tree, house, etc., so you don’t have to cover the whole expense out of pocket. If your cart’s stolen or suffers damage from inclement weather, your comprehensive coverage will help pay for the cost of replacement or repairs. 

Are Golf Carts Covered Under Home or Auto Insurance?

For the most part, home and car insurance policies aren’t designed to cover golf cart usage. By reviewing your home and auto policies with your agent, you can see what these policies have to offer in regards to protecting your cart. If these policies offer little or no protection, you have several options. You can obtain an endorsement on your home or auto policy to cover your golf cart or you can purchase a separate insurance policy to protect this item.  

To learn more about the benefits of golf cart insurance, coverage options and cost, contact Peter Laczko Insurance Inc. in Woodstock, GA. 

Reasons Why Workers Comp is Important

Peter Laczko Insurance Inc. serves Woodstock, GA and the surrounding area with various types of insurance including worker’s compensation insurance. We’re asked frequently if the insurance is necessary and how it can benefit a business. You should always think "what if" rather than "it won’t" in terms of serious events, especially ones involving your employees. 

1. It Protects Your Employees. 

Worker’s compensation insurance protects your employees. If one of them should happen to get hurt, it takes care of their medical bills and will even cover the expense of their lost wages while they’re off work. Ultimately, the insurance helps your employees get back to work sooner. 

2. It’s the Law.

In many states, you must have worker’s compensation insurance as long as you have one employee. Always talk to your insurance representative to determine your business’ legal worker’s compensation obligations. If your employees travel across state lines, you have to be particularly careful of your policy, so make sure you stress this fact when you speak to a representative. 

3. Protect Your Business and Assets 

This particular insurance protects your business from a lawsuit if an employee should happen to get hurt on the job. If any employee would get hurt on the job and you didn’t have any worker’s compensation insurance, you’re putting your business and assets at risk since you’ll owe the expense. 

4. Cheaper Than a Lawsuit

A lawsuit can get quite expensive quickly, especially when medical bills are involved. For a small premium, you’re able to save yourself money in the long run if an employee would happen to get hurt. 

Contact us at Peter Laczko Insurance Inc., serving Woodstock, GA and the surrounding area, by calling 888-883-1650 or 678-833-2860 to get a quote for worker’s compensation insurance to protect what you value–your employees and business. 

How to purchase a motorcycle insurance policy

Your motorcycle insurance can vary based on coverage and price with each state having a minimum coverage limit that a bike owner needs to satisfy. You should be aware of the motorcycle insurance policy requirement before buying a bike to avoid unwarranted repercussions. Notably, the most popular way of obtaining motorcycle insurance is to get a separate insurance policy which covers your bike. Just like car insurance, Peter Laczko Insurance Inc. in Woodstock, GA will look at several factors to determine your premium. Some of the factors considered are as follows:

  • The type of Bike: There are certain bikes which are considered safe to drive since they are less likely to cause accidents. Notably, the safer your bike is, the lower the insurance rate.
  • Riding record: Just like the car insurance, your driving record is a significant factor when determining your insurance rate. If you drive safe, you will pay less.
  • How much do you ride the bike: Your insurance policy varies depending on whether you ride to work every day or only during special occasions. 
  • Your age: Age comes with responsibility. For this reason, people who are below 25 years will pay more.
  • Type of garage: If the motorcycle is garaged in a secure location, you will pay less since there is a low risk of theft and burglary.
  • Training: The more training and experience you have will reduce your insurance rates. In most states, there are training tests which can save you insurance money if you complete them successfully.

Just like a car insurance, you can get cheap motorcycle insurance by getting various insurance quotes, and also by proving that you are not a risk. By demonstrating to Peter Laczko Insurance Inc. in Woodstock, GA that you are a safe driver, which includes having the necessary safety features on the motorcycle, the company will be convinced that they are not likely to pay an insurance claim in future which will qualify you for a discounted insurance rate. 

Who Needs Flood Insurance?

Owning a property is a great way to build long-term wealth. Since it is such a big asset and investment, making sure that it is properly covered buy insurance is important. For those that are in the Woodstock, GA area, having flood insurance could be a great option. There are several situations in which someone in the city should have flood insurance to cover their property. 

Those in a Flood Zone

The first group of people that will need to have flood insurance are those that live in a flood zone. FEMA has established a flood zone map that clearly designates different zones and likely risks for areas being affected by a flood. If you live in an area that is considered to be high risk, your mortgage lender will be required to require you to have flood insurance if the lender is federally backed. In many situations, the mortgage lender will require you to escrow your flood insurance payments on a monthly basis.

Flood Control

Another situation in which you could need flood insurance would be if you do not have a good flood control system in your home. If you live in an area that is susceptible to rain, it would be a good idea to have flood damage insurance coverage if you do not have a sump pump or other reliable system. This will provide you with the coverage you need to repair your home in the event it is damaged by a flood.

When looking for flood insurance, Woodstock, GA area homeowners should reach out to Peter Laczko Insurance Inc. Peter Laczko Insurance Inc is a leading consumer insurance company that can help any property owner determine whether they should have flood insurance. They can also help to provide you with a quote to get the process started for getting the flood insurance coverage that is needed.

Insuring Classic Cars

Peter Laczko Insurance Inc. Woodstock, GA has the job to determine how much insurance is needed to protect a car’s value. Insuring a car is a simple process as long as there is an agreement as to the car’s value.  For today’s cars, there are accepted standards to obtain value.  These rules are contained in Edmund’s Blue Book and the National Automobile Dealers Association (NADA).  However, classic car dealers start the valuation procedure of classic cars based on these standards.  

Before value indicators are determined fundamental questions must be answered or considered in determining the value of a classic or collector cars such as:

*  Whether collectors insure their classic cars.
*  Whether the specialty insurance premiums for classic cars are more than that of standard premiums.
*  Whether specialty insurance programs have a vehicle age cutoff?
*  Whether the collector car insurance companies impose mile restrictions.

But many other factors must be taken into consideration in evaluating a classic car.  If an accurate value cannot be determined, the car’s insurance value may be meaningless.  Even more challenging is determining the value of an antique car.

The other elements must consider:

*   Starting with the NADA Guide
*   Demand.  
*   Rarity. 
*   Restoration condition.
*   Current level of restoration
*   Project potential.   
*   Determine the popularity.
*   Assess the overall quality.
*   Check the condition.

From this list of qualifiers, hard numbers can be added up to reach a consensus value of a classic car.  Merely going to a classic car auction, while very insightful as to the issue of demand, is too personal because one number does not constitute an average and more importantly a median value. If you want car insurance, please call Peter Laczko Insurance Inc. Woodstock, GA

 

3 Things To Consider About RV Insurance

The life of a traveler has a tremendous appeal. The open road, seeing the county and meeting wonderfully interesting people. But before Woodstock, GA residents gas up an RV, there are some things to consider and the professionals at Peter Laczko Insurance Inc. are available to help you create an RV policy that makes sense for you.

Frequency And Use

Some RV owners utilize the vehicle only a few weeks out of the year. Others literally travel and live in it full-time. There is a significant difference in terms of policy needs between the two.

Part-time users are generally taking vacations and getaways. It’s a break from working life in many cases. Your policy should be consistent with temporary use and you probably won’t carry a tremendous number of valuables on such trips. Just make the numbers match up.

Full-timers may want to look into a policy that trends more toward homeowners insurance. In other words, items such as clothing, laptops, jewelry and personal items can be accounted for with the right policy. Full-timers really need a policy that provides coverage from the ground up.

Traveling Out Of The Country

Some policies stop at the border while others do not. If you plan to travel to Canada or South of the Border, it’s important to review that issue and perhaps revise the policy.

The Roads You Travel

Travelers understand that there is a significant difference between spending time in luxury RV parks and primitive state forest campsites. RV parks generally have well-paved roads and designated hookups. A mountain road can be hazardous and vehicle damage is something to consider. If you are a backwoods camper, check your coverage limits in terms of damage, towing and other thing associated with negotiating rough roads. Be prepared.

At Peter Laczko Insurance Inc. we hope these ideas prove to be thought-provoking for the Woodstock, GA community members we serve. Our professionals are available to create or update a policy that provides you with coverage suitable for your RV needs.