Why Working With A Local Insurance Broker Leads to Better Coverage

Every day, more and more Americans are choosing to get their car insurance, home insurance, life insurance, health insurance, and other insurance products from a local insurance company. Why? Because they believe that is the best way to get the most personalized attention when it comes to their insurance needs. Why not save money and time by working with a local insurance broker?

When you are comparing insurance coverage options, there are a number of things you are going to need to consider. One of those is going to be the cost of the policy since this is going to be the biggest factor in your decision. We are going to take a look at how you can make sure that your policy will be the best value for you.

One of the reasons that you will want to work with a local insurance broker in order to find your coverage is that they are going to be willing to help in making sure your policy fits within your budget. You need to ensure that the overall cost of the plan does not exceed what you can afford.

A broker is more than just a passerby on the road to the people you do business with; they can really help you get the coverage that’s right for you.

How a Local Insurance Broker Leads to Better Coverage

1. Understand the local environment and local threats to your industry.

2. Having more time for personal attention will lead to better communication and better coverage.

3. Local insurance brokers work with local agents to find the best value for your company and budget.

4. Local insurance brokers will help you understand every step in the process so that you are informed and able to make good decisions.

In time, your rapport with an insurance broker becomes a long-term relationship that you can trust with all of your insurance, personal, and business policies alike.

Find Your Local Broker

Contact Prince Insurance today to receive a free quote for your insurance policy and experience why a local insurance broker leads to better coverage.

Biggest Personal Insurance Mistakes


The world of insurance can be a confusing and scary place. There are so many things to remember, and it can be hard to know where to start. For example, there are so many different types of insurance, from life to auto to home to renters, and you could spend weeks researching each company and finding the best one.

When it comes to personal insurance, the reality is that many people are making decisions that could negatively affect their financial security. We have created a list below of some of the biggest personal insurance mistakes.

Keep your future home and family safe with the proper personal insurance coverage.

What Are the Biggest Personal Insurance Mistakes?

  1. Getting cheap insurance. Cheap insurance will usually mean that it lacks in coverage and will cost you more out of pocket if you ever need to use your insurance. Do not get cheap insurance, get insurance that provides enough coverage.
  2. Not asking about discounts. Ask your agent if there are any discounts you qualify for as a first-time home buyer or if you have been with the agency for some time. Many companies will offer discounts to clients who do business with them for a long period of time.
  3. Not working with an insurance broker who can help you determine the right insurance based on value, not price. An insurance broker can find ways to bundle your personal insurance, such as home and auto insurance. Review your insurance each year and checking to make sure that you do have coverages in place for these areas of your life.
  4. Not reading the fine print on your home and auto insurance and ending up not being fully covered.
  5. Thinking you don’t need insurance.

Get The Support You Need

Contact Prince Insurance today for a quote and avoid making any of the above biggest personal insurance mistakes.

Biggest Business Insurance Mistakes

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Have you ever made a key mistake when purchasing your business insurance policy? If so, you are not alone, as most business owners make mistakes when buying their policies. No matter what kind of insurance you carry, there are a few things that you should know about the biggest business insurance mistakes that you can avoid. Whether you are a homeowner, auto owner, or business owner, there are a few things you must know about insurance in order to avoid big mistakes.

Common Errors

The biggest business insurance mistakes include the following.

1. Not knowing what your business really needs.

2. Not being cognizant of the coverage you are actually buying when purchasing a policy.

3. Not reading the policy and understanding it fully.

4. Not reviewing the policy on a regular basis (at least every three years) to be sure it is what you need.

5. Being fooled by fancy but extraneous insurance add-ons that appear necessary, when actually they are not.

6. Not understanding that often what you already have in your business or home is adequate coverage and that additional insurance may be unnecessary at the cost it will command.

Prince Insurance is here to support your business.

Always Consult Your Broker

Don’t make any mistakes with regard to your insurance coverages; always consult your broker so that you don’t accidentally get in trouble with your insurance provider. Depending on the broker you choose, the information you ask for may be different from the information you need to know.

Buying yourself without consulting an insurance broker puts you more at risk of making any of the mistakes listed above. A good broker knows your business and its needs very well. A good brokerage also has a network of companies that it works with, and the industry contacts to help find the best deals for you.

Contact Prince Insurance for a quote and avoid making the biggest business insurance mistakes.

Protect Your Business With the Right Insurance

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The right insurance can do more than protect your business from damage or injury. The right insurance can protect you and your business from both the big and small everyday risks that all businesses face. Protect your business by starting with understanding what you’re exposed to.

Think about it this way: what could happen in a single day that would cost thousands of dollars, or possibly more. For example, the wrong insurance coverage could expose you to a lawsuit for injuries caused by employees who were driving your company vehicle, or it could jeopardize your business operations if there were a fire at your place of business. By protecting yourself with commercial insurance policies from an independent insurance broker, you can protect against lawsuits and expenses from accidents involving you, your home, your belongings, and your business.

Protect your business to keep your operations running smoothly.

Protect and Grow Your Personal Assets Should You Be a Victim of a Crime

Protect your business from unforeseen loss due to theft, natural disasters, or other damage, including physical damage, computer viruses, and hardware failures.

Liability Insurance: Any business can experience litigation problems if it is responsible for damages caused by its employees — no matter the issue.

Work with a broker who has access to all the best carriers for the right insurance.

The right business insurance can be quite an investment, which is why it’s so important to work with a competent, independent insurance broker. An independent broker has access to all of the best carriers for the right policy at the right price.

A good broker will also answer questions such as: how much coverage do I need? It will depend on your needs, which is where an agent at Prince Insurance can help. They’ll ask lots of questions and tailor their recommendations to your situation.

Ideal Coverage

But you don’t just want insurance; you want great coverage that will protect you if disaster strikes. The good news is there are more business owner policies available today than ever before. This means you can select the precise coverage needed for your unique company or small business.

Protect your business and contact Prince Insurance today for a quote.

Do Pets Affect a Homeowners Policy?

Not only do you need to consider your family when you’re updating your insurance policies, but you should also take your pets into account. Your dog, cat, or bird may leave messes around the house or cause damage to your/floor carpet. Worse than that, your pet may injure a guest on your property, potentially leading to lawsuits or unforeseen medical expenses you may have to cover. 

Just in case your pet gets carried away, it helps to have some comprehensive pet liability insurance to turn to when you need it most. 

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What Does Pet Liability Insurance Cover?

Pet liability insurance protects you in the event your pet snips, bites, or injures a guest on your premises. Failure to inform your insurance provider about your pets and any mishaps they cause around the house can negatively affect your insurance coverage and claims, making them costlier. 

Furthermore, pet liability insurance provides you with financial coverage for medical and/or legal expenses if your pet injured a guest following an attack. This saves you from paying a lot of money out of pocket to cover the damages. And, this type of insurance policy protects you whenever your dog digs up the neighbor’s property or damages it in another way. 

How Do Pets Affect Your Home Insurance?

Your home insurance policy doesn’t cover pet damage to carpet or your hardwood floor. Plus, it only covers injuries to others that live outside your home, including visiting family members and guests. It doesn’t cover injuries to people residing in your home. 

Damage caused by dogs is one of the leading insurance headaches for homeowners. By investing in valuable pet liability insurance, you cover yourself from the repercussions of your pet’s actions.

Err on the side of caution and protect yourself from disaster by investing in our pet liability insurance today. Secure yourself a free quote to get started. 

 

Essential Insurance to Start a Business

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When starting a new business, securing it with a solid insurance policy should be one of the first things on your list. You need to cover yourself, your employees, and your commercial property against potential damage, injury, and other potentially serious issues. 

There are several types of essential insurance to start a business. Here are a few to consider when you’re opening a business. 

Workers Compensation 

These kinds of benefits are payments that cover injuries related to the work you’re doing. It’s a no-fault type of payment that’s paid regardless of whose fault it was that caused an injury. If work is the cause of severe pain or disease you’ve contracted, you’re eligible for workers compensation. 

General Liability Insurance 

Also called business liability insurance, this essential insurance to start a business protects you from a wide range of claims, including personal injury and property damage that happens during business operations. 

Auto Insurance

For any vehicles used for your business, like delivery trucks for postal services or food establishments, it helps get comprehensive auto insurance coverage in an accident. 

Property and Casualty Insurance 

This kind of insurance focuses on property and possession loss while also including liability coverage for instances where you’re deemed legally liable for an accident that injures someone or damages belongings. 

Choose Prince Insurance for Your New Business Insurance

Every business is unique. Our brokers can help you find insurance that’s tailored to your specific needs and gives you better protection. 

Plus, we’ll have insights into additional insurance that may be necessary depending on your industry or location. 

Need essential insurance to start a business right now? Look at our business insurance options and get yourself a free quote. With Prince Insurance, you’re guaranteed business insurance that covers various scenarios and prevents your bottom line from being affected. 

Why Cheap Insurance Is Never Worth the Cost

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Cheap insurance is not worth it. After all, it’s in the name, cheap. Though it costs less, cheap insurance usually doesn’t offer the range of coverage you’re looking to get. If a policy isn’t protecting you entirely, it’s not worth investing your money in one. 

Your family, assets, and life are worth way more. Always prioritize value when you’re looking for an insurance policy, not cost. 

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Cheap Now, Not When You Need It

Cheap insurance means that the coverage you’re getting is inadequate. As a result, a lot of the financial burden falls on your shoulders when an accident, theft, or some other form of adversity happens. If you can’t afford to pay for good insurance now, can you pay the damages later?

Cheap insurance is not worth it because you’re left with too much responsibility and left exposed to potential financial ruin. Insurance policies are supposed to take the pressure off of you rather than add it. Finding value in an insurance policy is vital.

Pay Some Money Upfront 

When you pay more money upfront, you get more protection if you ever need your insurance or file a claim. Paying higher deductibles will lower the cost of your premium, while still getting the kind of value and coverage you need from the policy to protect you and the things you value most. 

Don’t risk your financial stability by getting cheap insurance for vital things in your life like your health, home, or vehicles. Don’t waste your money on a cheap policy. You deserve better!

Check out our wide range of policies at Prince Insurance. We’ll work with you to determine the best possible insurance policy to shape your future and afford your family the kind of protection you deserve. Get your free quote from us today and start investing wisely in your future!

How to Reduce the Cost of Auto Insurance

Depending on where you live, auto insurance may cost you a pretty penny. Several factors may play a part in high rates, from the type of car you have to your driving record. Though it can be expensive at times, auto insurance is a necessity. There are ways to reduce its cost that maybe you haven’t thought of. 

Here are some pointers that will help you reduce the cost of auto insurance. 

1. Get Yourself a Safe Car

When buying a new car, ensure you’re getting one that’s not known to crash and has a high rating. Explore the safety vehicles of the car before you purchase it. If the features are top-quality and do what they’re supposed to keep you protected, this could prove helpful as far as your insurance rates. Insurance providers may offer discounts if your vehicle has strong safety features. 

2. Be a Good Driver

The better your driving record is, the more willing your insurance provider is to lower your insurance rates. Make sure you don’t get any tickets or get docked driving points due to speeding or more serious offenses like driving under the influence. Also, your ability to stay out of accidents can positively affect your auto insurance policy. 

3. Higher Deductibles

A deductible is a specified amount you have to pay before an insurance provider pays an insurance claim. The higher the deductible is, the lower your insurance premium costs will be, easing your financial burden. 

4. Bundle Your Auto and Home Insurance

By bundling your auto and home insurance policies housed by the same insurance carrier, you save money, potentially getting significant discounts. Additionally, bundling the policies makes it less likely an insurance provider drops you if you make excessive claims. 

5. Look for Value 

Ensure when you meet with your agent to reduce the cost of auto insurance, you’re working to find a policy with the best value and protections rather than the cheapest one. Cheaper doesn’t always mean better. 

Check out our auto insurance policies at Prince Insurance. We’ll work with you to reduce the cost of auto insurance at your convenience. Get your free quote from us today!

Important Insurance Policies Everyone Should Have

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Insurance policies are the safety nets that protect you in the event of a disaster or even death, ensuring you and your family receive the financial coverage you deserve. Your life, your assets, and your family’s future depend on these policies. 

You never know what unexpected events can happen in life. By taking out an insurance policy for what you need, you’re prepared for whatever adversity you end up facing. There are several important insurance policies you can get to cover you and yours in times of need. 

Why Should You Take Out an Insurance Policy?

By getting a comprehensive insurance policy, you cover your welfare and valuables against different risks, including fire, theft, accidents, or serious injury. 

Taking out a policy reduces stress levels and prevents you from worrying about the next steps after any of those risks play out in your life. When you know you have the policy to turn to when you need it, you can live your best life and be at ease about things, though you should still be careful. Life is unpredictable, and you shouldn’t take it for granted. Why not get coverage while you still can? The earlier, the better.

What Are the Important Insurance Policies?

There are various important insurance policies you can get to protect yourself and the things you value most. If you’re a homeowner, you should get homeowners to cover your home against potential damages from a destructive event. If you’re renting a home, renters insurance protects you against destructive events and other things not covered by your landlord’s insurance policy. 

For vehicle owners, auto insurance is a must to cover you when your car’s involved in an accident. Meanwhile, health insurance covers medical and surgical costs whenever you’ve suffered serious health issues or injuries. 

Browse our website to learn more about the important insurance policies we offer. Get your free quote from Prince Insurance today!

Why Renters Need Their Own Insurance Policy

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When you’re renting a home, you have to cover all bases, including your personal belongings and damages following a fire or other disaster. Also called tenant insurance, renters insurance affords you protection against theft and loss.

This type of insurance prevents you from having to rely on your landlord to bail you out when something goes awry. Here are the reasons you should consider getting renters insurance before something happens to your residence. 

Landlord Policies May Not Cover You 

Depending on the event, your landlord’s insurance policy won’t protect you, especially if someone is injured in your home. 

Worse than that, your landlord’s insurance provider can file a lawsuit against you if you’re deemed liable for any building damages. This could lead to you forking out repair costs or costs for rebuilding the property. A renters insurance policy prevents you from those potential headaches and ensures you get proper coverage against a wide range of risks. 

What Does Renters Insurance Pay For?

Renters or tenant insurance covers the costs of replacing your belongings whenever they’ve been stolen, destroyed in a fire, or vandalized by unscrupulous people. 

Furthermore, a good renters insurance policy covers the cost of temporary residence in the event of any damage that renders your property inhabitable. 

The Actual Cash Value (ACV)

Renters insurance factors in the actual cash value (ACV) of your belongings. ACV replaces items at the value they were worth when they were damaged or destroyed. Depreciation factors into the actual cash value when payments are being calculated. 

The policy can also include replacement costs. This cost replaces stolen, damaged, or destroyed items with new, similar items. However, the catch with replacement cost is that the premiums for it are higher than premiums for ACV policies.

Have a look at the details of our renters insurance and, if you like what you see, get a free quote right away.