What is Commercial Crime Insurance?

Commercial liability insurance is not a requirement for people living in the state of Georgia, although many company owners will decide to purchase a policy for the protection that it provides. Along this vein, commercial crime insurance is also not mandatory, but it is, nonetheless, beneficial.

What Does Commercial Crime Insurance Cover?

It is an unfortunate reality that when a person goes into business for him or herself, the employees that they hire may not always be trustworthy. If, for example, a staffer provides monies to a vendor with whom you have not previously engaged and employee theft is included under your coverage,  it can take care of these costs. In addition, it can pay for losses when important documents are destroyed or if monies are stolen while on your way to deposit them into the bank. 

Your policy can extend to cover not just you but also your employees while they are working with articles pertaining to your company. It can also cover things like bad checks received from merchants or clients, and it can kick in if your own checks end up in the wrong hands, spurring a rash of fraudulent drafts. In today’s world, computer security is an issue, and hackers are always attempting to break into systems to see what they can steal. From lifting customer addresses and telephone numbers to credit card accounts, the ways are myriad in which criminals can target you, and crime insurance helps you in many of these instances.

Peter Laczko Insurance Inc. Serves Woodstock GA

Whatever your commercial insurance needs are, Peter Laczko Insurance Inc. has the right package for you. Faithfully serving Woodstock, GA, we offer a variety of products that include motorcycle, jet ski, boat, homeowners, automobile, and commercial insurance. Reach out to us today to ask any questions you may have about any of the services we offer. 

Do You Need Motorcycle Insurance if Your Bike Is in Storage?

If you aren’t going to be riding your motorcycle year-round in Woodstock, GA, you may be considering canceling your insurance to save money. Motorcycle insurance is required when you are driving on the road, but technically you don’t need it if you aren’t riding your bike. Canceling your insurance may cost you though, and there are other ways to save.

If your bike is in storage and you don’t have insurance, you have to fight the urge to go out for a ride, even if the weather is great. If you are out without insurance, you could be faced with some costly penalties, and if you cause an accident it can be even worse.

Even with your bike in storage, it still faces some risks. Some of the risks include storm damage, vandalism, and fire. Without proper insurance on your bike, and if there is damage that is caused, you would have to pay out of pocket for repairs. How you store your bike could also affect your insurance. Insurance companies look at the possible risk to determine how likely you are to make a claim. If you are keeping your bike in a locked brick building or a garage, then it will help lower your premiums because you are trying to deter thieves and vandals.

Instead of canceling insurance, speak with an agent at Peter Laczko Insurance Inc. to ask about a lay-up policy, which will keep everything but the comprehensive coverage. The comprehensive coverage protects you in the event of vandalism or theft. You could also raise your deductible while your bike is in storage and it will lower your premium. However, if you do need the insurance during this time, make sure you have enough cash on hand to pay for the higher deductible.

Contact Peter Laczko Insurance Inc. serving Woodstock, GA to get a quote on motorcycle insurance.

What Protection Does Your Home Policy Provide for Items You Have in Storage?

Many people in the greater Woodstock, GA area find that they have more possessions than will fit in their home or apartment. Whether you are a renter or an owner, a comprehensive policy can provide protection for your items, no matter where they may be. The professional team at Peter Laczko Insurance Inc. are here to review your current policy or to help you choose your first home owner or renter’s policy. If you are unsure of the level of protection that you have or that you need, we are here to help!

Protect Your Possessions, No Matter Where They Are

If you are downsizing, or are just cleaning out some clutter from your home, you may find that a storage solution is necessary for your belongings. There are insurance policies available, for both homeowners and renters, that need protection for items that are both at home or in storage. A comprehensive policy will provide the protection you need for all of your personal items. One thing to note is that your home or renters insurance policy will likely not provide coverage of your items as they are being transported from one place to another via a moving company. During your home insurance policy review be sure to inform your agent of any plans that you may have to relocate and how your items will be transported and they can address your individual situation.

Now is the time to make sure that you have the coverage that you need to protect your possessions, whether they are in your home or at a storage facility. If you are in the greater Woodstock, GA area call or stop by the Peter Laczko Insurance Inc. offices today and we will help you put the necessary coverage in place!

What to Know about Insurance and a Stolen Car

If your car is stolen in Woodstock GA, you will be covered by insurance if you have comprehensive coverage. Liability coverage and collision coverage will not help you if your car is stolen. Comprehensive coverage is designed to protect you from damage to your vehicle in a non-collision event. This coverage is not required, so you should make sure you have it if you want to use this. It can be a common misconception that your home policy will cover your stolen vehicle, especially if you car is stolen from your home.

The first step after your car is stolen is to file a police report, and then contact your insurance agent at Peter Laczko Insurance Inc. to start the claims process. When filing a claim, you will need the certificate of title for the vehicle, location of the keys before and after theft, name and information of people that have access to the vehicle, and description of the vehicle, which includes mileage, service records, and upgrades. If you have receipts for upgrades, this is even better. You will also need a list of personal property that was in the vehicle. Your homeowners or renters insurance may provide additional coverage for personal items that are stolen. If you are financing or leasing your vehicle, you need that contact information and need to let them know as soon as possible. Many insurance companies will require a waiting period for the claim to be finalized, in order to see if the police can recover the vehicle. The wait usually begins once the car is stolen, not when you file the claim. If you car is recovered, your comprehensive coverage will cover damages to your vehicle if it’s not a total loss.  

Contact an agent at Peter Laczko Insurance Inc. serving Woodstock, GA to get an auto insurance quote, or to add comprehensive coverage to your policy. 


How Old Do You Have To Be To Legally Operate A Boat in Georgia?

In Woodstock, GA, the agents of Peter Laczko Insurance Inc. offer several different types of insurance for vehicles and watercraft. Each agent is available to help you understand the rules and regulations that pertain to legally operating a boat or other type of personal watercraft on the state’s waterways. Just like operating a motor vehicle, there are rules of the water that must be followed.

Legal Age

In the state of Georgia, a person must be at least 16 years of age to legally operate a boat or any other type of personal watercraft throughout the state of Georgia. INdividuals between 12 and 15 may also legally operate a watercraft if they have applied for and received a valid boating license. For younger operators, it is strongly recommended that they complete a safe driving boating course that teaches the basics of water safety. 

Proper Identification

Another requirement is that whoever is operating the boat must have a valid driver’s license or other forms of identification. If the person is between the ages of 12 and 15, their valid boating license will serve as their identification. Even adults who operate any type of personal watercraft must have in their possession a valid form of identification with them at all times.

The agents of Peter Laczko Insurance Inc. are always on hand to answer questions about your boating insurance policy. If you live in the Woodstock, GA area, call and talk to one of the agents today. They will be able to provide you with the answers you need and will make sure you have the coverage you need to protect yourself and your family.

Types of Motorcycle Insurance and Which Ones You May Need

When you first buy a motorcycle, the last thing on your mind is getting into an accident.  However, in order to cruise down the highway with the peace of mind that you’re adequately covered, you need to understand what your insurance requirements and options are. Your representative at Peter Laczko Insurance Inc. can walk you through the details of the different types of insurance. Here’s some information to get you started, so you can get your bike on the road in Woodstock, GA.

Required Insurance

Like most states, GA requires you to carry insurance for bodily injury and personal property damage in an accident you cause. However, there are many additional coverage types that you may benefit from. 

Optional Coverages

When shopping for motorcycle insurance in Woodstock GA, consider that liability insurance doesn’t cover you, your bike or your passenger. Here are the types of insurance that you might need, depending on your personal situation.

  • Collision insurance pays for repairs to your bike if it’s damaged in an accident.
  • Comprehensive coverage pays for repairs to your motorcycle in case of vandalism, theft, fire, or other natural disasters.
  • Medical payments cover your injuries after an accident.
  • Towing and labor cover you if you’re stranded when your motorcycle breaks down. It provides emergency roadside assistance or towing.
  • The uninsured/Underinsured motorist pays for damage and injury caused by an underinsured or uninsured motorist. It protects you if you are in an accident caused by an uninsured motorist.

Contact Us

Contact Peter Laczko Insurance Inc. for more information on purchasing motorcycle insurance or to set up an appointment for a free quote for your motorcycle in Woodstock, GA.


Why Should You Have More than the Minimum Car Insurance Coverage?

Getting the minimum car insurance required in Peoria, AZ may save you money on your monthly payments, but it could hurt you in the long run if you do get in a car accident.

The minimum coverage may not provide enough protection in the event of an accident, because many accidents surpass the minimum limits. In Peoria, AZ, the minimum limits are $30,000 total per accident for bodily injury coverage and $10,000 per accident for property damage. If you have significant assets, you will be on the hook for any additional costs that are not covered by the minimum insurance. You could even be required to pay these damages out of your future paychecks, which is why it makes sense to have more that the minimum level of coverage. The best rule of thumb is to be covered for an amount that is the total value of your assets, which includes the vale of your home, car, and savings.

Not only could you be on the hook for more money, especially if you cause the accident, you also won’t have any insurance to help pay for your car. Collision coverage is the type of insurance that will pay for damages to your car, and Arizona does not require that you have this coverage. If your car is damaged by some event other than an accident, or if it’s stolen, you won’t have comprehensive coverage to help pay for those costs either. If you are leasing or have payments to make on your car you may be required by the lending company to have both collision and comprehensive, but the state will not require it. An agent at Schaller & Thomas Family Insurance can help increase your insurance limits, depending on your risk

Contact Schaller & Thomas Family Insurance to get a quote on car insurance.

Should I Get Renters Insurance If I Live in My Parent’s House?

There’s no denying that a large percentage of Millennials are living with their parents. In fact, according to certain studies, the rate of young adults choosing to stay in their parents’ homes is higher than it ever has been. If you happen to be one of these young adults, there’s no need to feel alone. What you do need to do, however, is make sure that you are protecting your belongings with insurance just the same as you would if you were living in an apartment or renting a house from a landlord. 

Do I Need Insurance If I Rent From My Parents?

When you live with your parents, you can still speak with an insurance agent about purchasing renters insurance. Many insurance companies will allow you to buy coverage for your personal belongings. All of your parent’s belongings will have to be covered by their own homeowner’s policy. Purchasing renters insurance while living at your parents is especially simple when you have your own entrance to the home and your own living quarters. 

It should be noted that the specifics of a renters insurance policy will vary from one insurance provider to the next, making is very important to speak with an agent to determine exactly what is covered and what is not. If you have chosen to stay in your parents home, regardless of your reasons, you definitely need to speak with an insurance agent to see how renters insurance can be of benefit to you. Even if you are staying there for a limited amount of time to save up for your own home, a renters insurance policy can provide you with peace of mind. 

Contact Peter Laczko Insurance Inc. today to learn more about renters insurance in Woodstock, GA. 

When is Commercial Insurance Necessary?

If you are a business owner in the Woodstock, GA area, you will find that there are many important business decisions that need to be made. One very important decision you will have to make is whether or not to get commercial insurance. There are several situations in which having commercial insurance is a necessity.

You Have a Loan

One situation in which you may be required to carry commercial insurance is if you have a business loan. Taking out a business loan and be a very good financial decision for many business owners. However, when you do have a business loan, you will be required to carry commercial insurance and name the lender as an additional insured party. 

When You Have Employees

Another situation in which having commercial insurance is a necessity for your business is if you employ people. In the state of Georgia, all companies that have more than three regular employees are required to carry workers compensation coverage. This type of insurance will help to ensure that your employees are properly covered in the event they are injured while working.

Operate Out of a Property

If you operate out of a property, you also need to carry property insurance as a form of commercial insurance. Even if you are the tenant on the property, you will likely be required under the lease to carry coverage on the building. This will provide you with protection if the building is damaged.

If you are a business owner in the Woodstock, GA area, you should contact Peter Laczko Insurance Inc. When you meet with Peter Laczko Insurance Inc, you can receive more information about your needs for commercial insurance. The company will help to make sure that you get a policy that provides you with the right type and level of coverage.


Do I Have to Purchase RV Insurance If I’m Renting an RV?

Renting or leasing an RV is the most cost-effective way to take a road trip, especially if you only get to do it once every year or so. When you decide to take off on this type of adventure, you need to have the right type of insurance to make sure you and your family have the protection you need. In Woodstock, GA, the agents of Peter Laczko Insurance Inc. can help you accomplish that goal. 

The Rental or Lease Agreement

In most cases, when you lease or rent a recreational vehicle for a getaway weekend or vacation you are offered to purchase insurance as part of the agreement. You can also choose to purchase the insurance through your own insurance company. Most companies require some degree of coverage over and above what you carry as part of your regular auto or vehicle insurance. Recreational vehicle insurance is slightly different and must be added separately.

Additional Coverage

If you choose to purchase the insurance from the leasing agency, it will only cover the vehicle itself. It’s a good idea to look into additional coverage through your personal agent to make sure your own belongings are covered as well.

Residents who live in the Woodstock, GA can call the agents of Peter Laczko Insurance Inc. if they have questions about RV insurance or what they need to do if they lease an RV. Agents can provide them with the information they need to make an informed decision. If you plan on having a fun vacation, you don’t want to worry about mishaps that could cost you financially. Call the agency today to find out about recreational vehicle insurance and how it can protect you.