Comprehensive Home Insurance Policy Options in Georgia

There are many different types of home insurance policies, and coverage levels can vary from basic to comprehensive in nature. If you are considering the purchase of a new home, it is important to understand all of your insurance policy options before deciding which is right for you. At The Sanford Group, we provide the guidance necessary to help you determine which home insurance policy best suits your needs. If you are in the greater Ball Ground, GA area and are in need of a home insurance policy, contact us today! We can make sure that you and your family have an adequate level of protection in place.

From Basic to Comprehensive, and Everything In Between

If you are just starting out, you may not need a lot of coverage, especially if you are single. However, as the years go by and you start your family and begin to acquire valuable items, your home policy needs will change. There are insurance policies that can provide repair and replacement of all of your items, and others that provide a more modest level of protection. We recommend that our clients review their insurance policies each year to make sure that their coverage is growing with you. If you are looking to buy your first home, or just want to ensure that your current coverage is adequate, your professional agent can review all of your options with you. Now is the time to make sure that the necessary coverage is in place.

Want to learn more about your home insurance options in the greater Ball Ground, GA area? Contact The Sanford Group today and we will review the available options with you and help you determine which level of coverage is appropriate to protect the needs of you and your family.

2 Ways a DUI Affects Insurance Rates

It’s never a wise decision to drink alcohol and get behind the wheel of a car. Not only are you putting yourself at risk of getting hurt, but you also run the risk of hurting someone else. There are numerous accidents involving drinking and driving each year in the US that are fatal. And the thing about it is, these accidents are completely preventable. If you don’t drink and drive, you are much less likely to cause an accident. Here at The Sanford Group serving Ball Ground, GA, we are all about your safety and we put together a helpful go-to guide to help you understand how a DUI affects insurance rates. 

You Will Lose Your License

In the state of Georgia, DUI conviction punishments are harsh. Not only will you face a fine of $300 to $1,000, but you could possibly have to spend up to one year behind bars. You will also have your license suspended for up to one year. You may or may not be able to receive a hardship license for work purposes. And to top it off, you will have to complete at least 40 hours of community service. 

Your Rates Will Increase

There is rarely ever a time that your insurance rate won’t increase if you are convicted of a DUI in the state of Georgia, and even worse, this increase tends to stick around for anywhere from three to five years. Going to traffic school for a DUI will not generally have any type of impact on your premium, meaning it won’t lower it.

If you would like to learn more about the ways a DUI affects auto insurance in Ball Ground, GA, call The Sanford Group now. 

Auto Insurance for Teenagers with Permits

Some parents often don’t know whether they should add their teenagers to their car insurance policies or purchase a separate policy for them. If your teen has a learner’s permit in Ball Ground, GA, it is advisable to add him or her to your auto insurance policy from the Sanford Group. If your learner is involved in a crash, you will file a claim from your auto insurance policy to help you pay for losses resulting from the car accident.

Why should I insure a learner driver?

A learner driver is likely to make mistakes and perhaps cause accidents in the process. In fact, according to statistics from the Insurance Institute for Highway Safety (IIHS), learners or teen drivers are three times more likely to cause car accidents than other drivers over the age of 20. If your teen has a learner’s permit and gets into a fender-bender in Ball Ground, GA, he or she will suffer consequences similar to those of a fully licensed driver. Your teen will actually be held responsible for any damages to other people’s property or bodily injury.

When should I contact my insurer?

It is advisable to notify your insurer when your teen is ready to get his or her learner’s permit. The teenager may be covered by your car insurance as a learner driver because he or she is using your car with your permission. Once your teen gets a driver’s license, you should now consider adding him or her as a listed operator on your car insurance policy. Since rules on when you can do all this may vary by insurer, our agents will give you all the information you need.

When you drive with the Sanford Group, you drive with peace of mind. A learner’s permit gives your teen permission to drive under certain restrictions. If you want your teen to stay protected wherever the road takes him or her, contact us today for more information.

 

Why You Need to Review Your Home Insurance Yearly

Reviewing your home insurance policy on a yearly basis in Ball Ground, GA should be done just like with getting a physical or going to the dentist. Changes in the real estate market can affect your policy, so it’s important to review it each year.

The first reason could be changes to your situation.Your policy should be up to date and there are a number of factors that can determine your risk. Have you put a new addition on your house? If so, it could change the overall value of the property, and increasing your coverage could be a small amount upfront that saves you thousands if you need to repair your home. It’s important that you update your information if you move, so you don’t miss any important information from your agency.

When you review yearly, you may discover some discounts. It’s a good idea to speak when an agent at the Sanford Group to see what discounts you can get. It may be as simple as bundling your home and auto policies.

On the other hand, you may not see discounts because your premiums are going up, and a review of your insurance can tell you why that is. Many people have their annual premium set up to either deduct from their banking account or mortgage account. Sometimes there is a reason for the premium going up, which you wouldn’t know about unless you are doing a yearly review of your insurance.

Insurance companies are also coming up with new services and products, in order to stand out. You may qualify for some of these new services and be able to save some money in the long run, but you wouldn’t know about them unless you review your policy and talk with your agent.

Contact The Sanford Group serving Ball Ground, GA to get a quote on home insurance.

What Kind of Life Insurance Policy Should I Purchase if I have a Family?

Life insurance is an important investment in the security of your family in the future and in the event of unforeseen circumstances. Life insurance should act as additional income if something happens to you. If you have dependents that rely on you for financial support, life insurance is a must. If you live in Ball Ground, GA or the surrounding areas, you can find the right life insurance policy for your family with The Sanford Group.

A good life insurance policy should cover more than personal debt and funeral expenses- financial sustainability is key. Childcare, mortgage or rent payments, and general living expenses should be considered. Purchasing life insurance as quickly as possible is important, as the rates go up as you increase with age, and if there are any medical problems that develop.

Term Life Insurance for Family Care

Term life insurance is the simplest and most cost-effective option for a family. Term life insurance can often include a small amount of coverage for children as well. The Sanford Group in Ball Ground, GA has experienced professionals that can help you find the proper term life insurance policy for your family.  

Understanding Purchasing a Life Insurance Policy

It is imperative to work with a company that thoroughly understands life insurance policies for families. You want to ensure you have enough coverage for your family’s needs and that it falls within the frame of your budget. There is a free look period of ten days average to review the policy and decide if you want to keep it. It is important to review your policy when there are life changes as well, like marriage, birth, divorce, opening a new business, or purchasing or selling a home.

 

Myths about Commercial Property Insurance

Commercial property insurance in Ball Ground, GA not only protects the space your business operates in, but it can also help repair or replace your property if it is stolen, damaged, or destroyed. Many small businesses won’t be able to replace their equipment after a natural disaster without this insurance, but there can be a lot of misunderstanding about these types of policies. An agent at The Sanford Group can help you understand your options and coverage.

Myth 1: You don’t need commercial property insurance if your business is at home.

Your home insurance may protect some of your business property, but it likely doesn’t cover much and won’t do you any good if your property is damaged while traveling for work. The right commercial property insurance can cover if your laptop or other equipment is stolen when you aren’t at your home.

Myth 2: You don’t need commercial property insurance because you are at your client’s location, using a client’s equipment.

The need for commercial property insurance will be dependent on the contract your have with your client. Not all clients will have the coverage needed to protect you. An example of this could be a contractor that repairs a dishwasher at someone’s home, but leaves the hose on after finishing and causes it to flood the client’s house. Even if a client has the right insurance to cover that, the contractor would still be responsible for the damages.

Myth 3: A tenant renting the building has their own insurance.

If you have a commercial space, just because a tenant has insurance doesn’t mean you shouldn’t as well. A tenant will have a policy that covers their interest, and as the landlord it’s your responsibility to make sure you have proper insurance to cover the building.

Contact The Sanford Group serving Ball Ground, GA to get a quote on commercial property insurance.

First time auto insurance

You are on your own. You are getting your first car. What do you need? You just graduated, you are out on your own and you are buying your first car.

Requirements. Deductibles. Discounts. How do you figure it all out?

State Car Insurance Requirements

Understand that nearly every state requires some form of financial responsibility from drivers. Most states require a minimum amount of insurance

  1. Bodily injury coverage: This covers injuries suffered by another person during an auto accident.
  2. Property damage coverage: This covers damage to another person’s property during an auto accident.

Car Insurance Deductibles

Those are the out-of-pocket amount of money a driver pays before his car insurance coverage will kick in to pay a claim.

Typically, the higher the premium, the lower the deductible, and vice versa.

Factor that goes into determining your Premiums

  • Current driver license status.
  • Any traffic violations (including the associated driving record points).

Your vehicle. This includes factors such as:

  • The make and model.
  • How at risk the vehicle is for being stolen or vandalized.
  • How much it would cost to repair the vehicle.
  • How many (if any) safety features the vehicle has installed.
  • The vehicle’s overall safety rating.

Where you live.

How often you drive. Vehicle owners who don’t drive much tend to get lower rates than those who spend a lot of time behind the wheel.

Your credit score. Many auto insurance companies determine factors such as how likely you are to make payments on time or file a complaint based on your credit history.

The Sanford Group serving Ball Ground, GA understands what it’s like to start out, and they are there to guide you through the process.

At What Age Should I Take Life Insurance?

It’s recommended that you purchase your life insurance plan as early as possible. Life events like marriage, getting children or running your own business play a great role in determining when you need a life insurance plan. Generally, the earlier you buy the policy the lower the costs you’ll incur in premiums. Most companies in Ball Ground, GA such as The Sanford Group recommend that their customers secure life insurance plans before the age of 35 years.

Are you thinking that you are too young to get your life insurance policy? If so, you should think again. Purchasing your life insurance coverage early not only helps you save on costs but also protects you from unforeseen risks. Even though there are numerous factors that determine how much your premiums will cost, age is one of those vital components. As a result, the younger one is the less they will likely spend.

Reason life insurance costs less at a younger age

When considering an applicant, life insurance companies focus on the applicant’s risk levels, and the risk for life insurance policies is the applicant’s demise. This means that if the applicant is younger, the chances of passing on are less. Obviously, in case the insured passes on when they are still young, the insurance company will have to pay out. This is not the only risk an insurer faces. The other risk is the duration the insured holds the plan. Most people like canceling their life insurance policies whenever they want. Most people even cancel the policies before making a claim. When canceled, the insurer keeps all the premium payments. Moreover, the longer a young person holds a policy, the more the insurer will earn.

You need to get your life insurance cover as early as possible so as to pay less in premiums. If you live in Ball Ground, GA area, contact The Sanford Group for more information.

5 Ways to Protect Your Vehicle During Vacation Travels

Road trips are fast becoming a favorite way for families to spend their summer vacation. By taking necessary precautions, you can enjoy your road trip to the full without worrying about theft, vandalism or other inconveniences on the road. Insurance protection from The Sanford Group. in Ball Ground, GA is your first step to safeguarding your vehicle while on vacation. Here are a few other ways you can protect your car and personal goods during your travels.

Choose Parking Spaces Wisely

Whether you’re stopping to eat or sight-see, choose your parking wisely. Whenever possible, park your car in areas that are safe, well- lit and clearly visible to others.

Lock Up When Leaving Car

Make sure you roll up all windows and lock all doors, even if you’re only getting out for a short time. A professional car thief will take advantage of any carelessness on your part to steal your vehicle.   

Self-park at Restaurants or Tourist Spots

If you’re new to an area, you may feel uncomfortable turning your car over to valet parking. Sometimes it’s best to follow your intuition. You never know when someone will be tempted to drive off with your vehicle or steal valuables from inside your car.

Invest in Anti-Theft Devices

Invest in a few anti-theft devices such as steering wheel lock or baby monitor video camera to use during your travels. Anti-theft devices will deter would-be car thieves, giving you that extra protection you need.

Keep Bags and Suitcases Out of Sight

Store bags and valuables in the trunk where they’re out of sight. If your car doesn’t have a trunk, make sure these items are hidden from view to reduce the temptation of anyone passing by.  

For quality car insurance to suit all your personal needs, contact The Sanford Group in Ball Ground, GA.   

What Is a Commercial Property and Why Does It Need a Commercial Contract?

A commercial property in Ball Ground, GA is a piece of real estate that is being used to conduct business activity. For example, strip malls and restaurants are considered to be commercial properties. Most times, commercial properties come in the form of building structures where business is being conducted. In some cases, land that is being used to generate a profit will also be considered a commercial property. Another type of commercial property is large residential rental units. 

If you own a commercial property and you intend to let someone else conduct business out of it, it is pertinent that you draw up a commercial contract. 

Commercial Contract

The definition of a commercial contract is a general contract that legally binds and obligates one party to conduct a certain activity or prohibits them from doing a certain activity. It is important that legal advice is sought before entering into a commercial contract as this will help you understand the legalities of the contract as well as give you a clear picture of what happens during any contract disputes.

Types of Contracts

There are two main types of commercial contracts; written and verbal, both of which can be formal or informal. Verbal contracts, however, can be hard to enforce if they are not properly documented. Most commercial contracts outline various aspects of business activity, including those related to employee safety, hiring, wages, and the types of activities that can be conducted on the commercial property.

The Process

Commercial contracts consist of at least two parties in which one party requests that the other party, or parties, carry out, or not carry out, one or more activities. The contract will consist of clearly defined terms that all parties must agree on before signing and putting the contract into effect. If a person fails to act on the agreement, then a breach of the contracts takes place. A party in breach can then be summoned to court and the court will then enforce the agreement.  

Contact Us Today

If you would like to learn more about commercial properties and commercial contracts, including how you can protect yourself with commercial insurance, please contact The Sanford Group serving the Ball Ground, GA area.