Author: AgentInsure

Insurance Basics for First-Time Boat Owners: What You Need To Know

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Buying your first boat is exciting, but protecting it properly is just as important as learning how to operate it. Boat insurance helps safeguard your investment, covers liability risks, and provides peace of mind on the water. Understanding the basics will help you choose the right coverage from the start. 

What Is Boat Insurance?

Boat insurance is a policy designed to cover watercraft such as motorboats, sailboats, personal watercraft, and yachts. It typically protects against physical damage to the boat, liability for injuries or property damage, and other risks associated with boating. Unlike car insurance, boat insurance is sometimes optional, but marinas and lenders may require it. 

Types of Coverage You Should Know

Most boat insurance policies include several key components. Hull coverage pays for damage to your boat due to accidents, storms, or vandalism. Liability coverage protects you if you are legally responsible for injuries or damage to others. Medical payments coverage helps cover medical costs for you or your passengers after an accident. Some policies also offer uninsured boater coverage, which applies if another boater causes damage and lacks insurance.

Actual Cash Value vs. Agreed Value

Policies usually insure your boat based on either actual cash value or agreed value. Actual cash value factors in depreciation, meaning payouts may be lower over time. Agreed value coverage sets a fixed amount for the boat, often resulting in higher premiums but more predictable compensation in the event of a total loss.

Factors That Affect Your Premium

Your insurance cost depends on several factors, including the boat’s size, age, value, and type, as well as where and how it’s used. Your boating experience, claims history, and whether you complete a boating safety course can also influence premiums.

Advantage Insurance Network: Proud to Serve the Cincinnati, OH Area

If you’re looking for boat insurance in or near Cincinnati, OH, we’re glad you found us. At Advantage Insurance Network, we’re here to help you protect your investment. Reach out today to learn more.

Does Motorcycle Insurance Cover Sidecars?

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There’s nothing cooler than riding a motorcycle on a warm and sunny day. Well, maybe a motorcycle with a sidecar is a bit cooler. Made popular by the live action Batman and Robin show, motorcycle sidecars are timeless.

There is some question as to how to properly insure a motorcycle sidecar in Cincinnati, OH.  Advantage Insurance Network is here to provide clarification.

Coverage for Motorcycles With Sidecars

Though sidecars aren’t as popular as they were in previous decades, they are still added onto traditional motorcycles for convenience and the cool factor. Many motorcycle insurance policies group sidecars with accessories such as luggage racks.

However, if your policy doesn’t have accessory coverage, there’s a good chance your sidecar won’t be covered. Reach out to your insurer to determine if you can add accessory coverage or add-on coverage for the sidecar.

Sidecar Insurance Is a Must

The addition of a sidecar to your motorcycle changes the riding experience. Sidecars add weight and change motorcycle handling, making it more challenging to navigate the road. Insure your sidecar with the right coverage and you’ll take on the new riding experience with confidence. Though your motorcycle insurance rate will increase with the addition of an insured sidecar, the fun factor of riding with a friend will prove invaluable. 

Do your due diligence when insuring your sidecar by shopping around. Compare sidecar insurance quotes in the form of accessory coverage and move forward with the best coverage at the fairest price. Continue digging and you’ll find different coverage levels ranging from comprehensive to customized coverage, third-party and inclusive third-party, fire and theft.

Get a Quote From Advantage Insurance Network

Serving Cincinnati, OH, the Advantage Insurance Network makes it easy to live the sidecar life without worry. Reach out to us today to learn more about motorcycle insurance coverage.

Why Should You Review Your Home Insurance Annually

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Homes are constantly evolving. Renovations, lifestyle changes, and shifting household needs can all influence how a property should be protected. That’s why an annual review of your home insurance policy is essential for keeping your coverage aligned with your lifestyle. At Advantage Insurance Network, serving Cincinnati, OH, we remind homeowners that Ohio’s regulations and local conditions make regular policy reviews especially important.

Knowing Your Policy Details Can Help Prevent Gaps

Insurance policies contain important information that can become outdated as homes age or undergo improvements. By reviewing your policy each year, you gain a clearer understanding of what is currently listed and whether those details still accurately reflect your property. Ohio’s seasonal weather patterns, construction standards, and regulatory updates can influence how your coverage should be structured. Staying familiar with your policy ensures you don’t overlook anything as these factors evolve.

Identifying Changes That May Require Updates

Whether you add living space, update key systems, or adjust how your property is used, even small changes can affect your coverage needs. For example, if you start running a home-based business, your standard policy won’t cover your business property or activities. You’ll need to add coverage.

An annual read-through helps identify where updates may be needed.

Partner With Advantage Insurance Network for Coverage Clarity

Policy language can feel overwhelming at times, and that’s where we step in. Our team is here to help interpret details, point out areas worth reviewing, and guide you through Ohio-specific considerations. If it has been a while since you’ve examined your policy, contact us. We’re currently serving homeowners in Cincinnati, OH. 

What to Put in a Vehicle Emergency Kit

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There are millions of vehicular accidents in the United States every year. Even if you are a safe driver, your chances of being in an accident are rather high. And even if you don’t get into an accident, cars can break down and get flat tires, often in inopportune places. It’s a good idea to follow the Boy Scout motto "Be prepared" and have an emergency kit. If you have the right tools in your emergency kit, you will be able to withstand any bad situation you find yourself in with your vehicle. 

What You Will Need

First of all, you will need a first aid kit. It should contain adhesive tape, gauze, scissors, antiseptic and more. A blanket, preferably a Mylar space blanket, is useful for preventing shock or keeping warm if you get stranded in cold weather. You may depend on your car radio or cell phone for information but an emergency radio can come in handy. You may want to keep a phone charger in your glove compartment. Jumper cables are something every vehicle should have in the trunk. Tools to repair or replace a tire should be in the trunk as well. Road flares, reflective triangles or even a good flashlight will help you be more visible if you break down at night. A small fire extinguisher can be a lifesaver. A rain poncho is useful if you have to go out in the rain. And never underestimate the usefulness of a roll of duct tape. 

The Advantage Insurance Network Serves Cincinnati, OH

It’s a great idea to be prepared for any emergency. For auto insurance, please contact us at Advantage Insurance Network, serving the Cincinnati, OH area and beyond. 

How Commercial Insurance Can Protect Your Home-Based Daycare

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Running a daycare from home allows you to combine work and family life while providing a valuable service to your community. However, it also introduces unique risks that standard homeowners insurance often doesn’t cover. Commercial insurance helps protect your business, your income, and your peace of mind.

Why Homeowner’s Insurance Isn’t Enough

Most homeowners policies exclude coverage for business-related activities. If a child is injured on your property or your daycare equipment is damaged, your standard policy likely won’t pay for the loss. Without proper coverage, you could be personally responsible for medical costs or legal claims.

Key Coverages To Consider

A business owners policy (BOP) or specialized daycare insurance package typically includes general liability, property, and professional liability coverage. General liability protects against accidents and injuries, while property coverage helps replace toys, furniture, and supplies damaged by a fire or theft. Professional liability covers claims related to alleged negligence or mistakes in care.

Protecting Your Livelihood

Even with safety precautions, accidents can happen. Commercial insurance helps ensure that one incident doesn’t threaten your business or personal finances. Some policies also offer business interruption coverage, helping replace lost income if your daycare must temporarily close due to covered damage.

Talk to an Insurance Professional

Before enrolling children, review your coverage options with a licensed agent. The right policy will safeguard your home-based daycare, allowing you to focus on what matters most: caring for the children in your community.

Call Advantage Insurance Network, Serving Cincinnati, OH

At Advantage Insurance Network, we’re proud to serve Cincinnati, OH, and we’re excited to talk to you about how our commercial insurance products can help you get the protection you need. Contact us to talk with one of our agents.

Do You Need a Home Inventory for Your Condo?

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Advantage Insurance Network, serving Cincinnati, OH, is an independent insurance agency. That means we can provide you with personalized service and more choices. We represent many of the major insurance companies and are dedicated to making sure you get the condo insurance that is right for you. Condos are not one-size-fits-all. Your condo association holds a policy as well, and what they cover affects what you must cover. Do you need a home inventory for your condo? Yes, you do!

Why Make a Home Inventory?

Your condo is your home, and if you are like many other people, a great deal of what you own is in your home. If your condo is hit by a hazard that is covered by your condo insurance, you will need to tell the insurance company exactly what needs to be replaced. When there isn’t much left, and you are in an emotional state, it isn’t easy to remember all the things you had. The insurance company will accept your home inventory as proof. 

Making an Inventory

Go to every space in your condo and provide as much detail as possible. For electronics, include the brand, the model, and the serial number. If you have the sales slip for the items, even better. Take lots of pictures, especially of higher-priced items. Having an appraisal of your jewelry is helpful. Don’t leave any stone unturned. Open closets, drawers, and go to your basement if you have one. 

Once you have completed your home inventory, download a copy to the cloud. If you lose your computer or phone, it will still be available. 

When it is time to renew, and you are looking for a change, or you are purchasing a condo, our team at Advantage Insurance Network is here to help you find the right condo insurance for you in Cincinnati, OH.

What Does Dwelling Fire Insurance Cover?

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There are several types of property insurance available to landlords and homeowners. Fire dwelling insurance in Cincinnati, OH, remains a popular choice for both groups due to its unique benefits and specialized coverage.

Popular for Vacant Buildings

Fire dwelling insurance is particularly popular among landlords with vacant buildings. Vacant homes and buildings are often used by individuals seeking shelter during harsh winter weather. Unfortunately, this increases the risk of fires in vacant properties during colder months in Ohio.

Increased Fire Coverage

Specialized fire-dwelling policies typically offer more comprehensive coverage for fire-related damages compared to standard policies. These policies are designed to address the specific expenses associated with fire damage. While other policies may provide broad coverage, they often have lower limits for structural damage caused by fires.

Coverage Provided

Most fire-dwelling insurance policies cover the building’s structure, including walls, roofs, and attached structures. Some policies may also extend coverage to other structures, such as fences or detached garages, depending on the insurance company and the specific policy. Working with an agent at Advantage Insurance Network can help you understand your coverage options.

Covered Perils

Fire is the primary covered peril under these policies. However, some policies may also provide coverage for other events, such as lightning, windstorms, or vandalism. It’s essential to discuss your concerns with an insurance agent to ensure you have adequate coverage before an incident occurs.

At Advantage Insurance Network, we understand the importance of securing coverage that meets your needs. Our agents are here to assist you. Contact us in Cincinnati, OH, today to learn more. 

Are Property Owners Required to Have Flood Insurance in Ohio?

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For residents with property in Cincinnati, OH, especially those new to the state or planning to move to the area, it is important to ask your insurance agent whether flood insurance is required. At Advantage Insurance Network, we are here to provide answers and ensure you have the coverage necessary to protect your home.

Ohio Flood Insurance Requirements

In Ohio, property owners with homes located in designated Special Flood Hazard Areas (SFHA) and carrying a mortgage are required to have flood insurance. This requirement remains in effect for the duration of the mortgage. Additionally, some mortgage lenders may require flood insurance even if the property is not located in a high-risk flood zone.

Is Flood Insurance Recommended for Property Not Located in a High-Risk Zone?

Floods can occur for various reasons, impacting properties outside of designated flood zones. Many claims are filed annually by property owners due to events such as heavy rain from inclement weather. Discussing the benefits of flood insurance with one of our agents can help you determine if this coverage is right for you.

It’s important to note that standard homeowner’s insurance typically does not cover damage to your home or personal property caused by flooding. This is why, even if your property is not in a high-risk flood zone, having additional coverage can provide protection in the event of a flood.

Contact Advantage Insurance Network

At Advantage Insurance Network, our goal is to help Cincinnati, OH, residents secure the coverage they need to protect their investments. Whether your property is in a high-risk zone or not, contact us today to discuss how flood insurance can safeguard your home.

Can You Get Car Insurance Instead Of Motorcycle Insurance?

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Many people assume that car insurance covers all types of vehicles, but it’s not that simple. Motorcycles and cars often fall into different insurance categories, meaning you may not be able to use car insurance for your bike. Here’s everything you need to know.

Vehicle Specifications

Auto insurance typically applies to vehicles with four wheels. Motorcycles are often excluded from car insurance policies because they require specialized coverage designed specifically for bikes. Agents at Advantage Insurance Network can help you understand the differences between these policies.

Motorcycle Insurance

Motorcycle insurance policies are tailored to meet the unique needs of bike riders. These policies often include higher coverage limits for bodily injury, as motorcycles are considered more dangerous than cars and trucks.

Similar to car insurance policies in Cincinnati, OH, motorcycle insurance offers coverage options such as liability and comprehensive. Many policies also provide add-ons, including roadside assistance and coverage for rental costs after an accident.

Bundle Options

While you may not be able to include your motorcycle on your car insurance policy, you can often bundle the two policies together through the same provider. Bundling allows you to manage all your vehicle insurance needs in one place, rather than working with separate companies.

At Advantage Insurance Network, we understand the specific needs of motorcycle owners. You need a policy that meets state guidelines, and you may want additional coverage to protect upgrades or customizations. We can help you find affordable coverage that ensures your bike is protected if something happens. Contact us today to learn more. We proudly serve the Cincinnati, OH area.

Is Boat Insurance Necessary for All Types of Watercraft in Ohio?

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For boat enthusiasts who enjoy cruising the waterways of Cincinnati, OH, insurance for their watercraft is often a consideration, but is it necessary? If you’re thinking about buying a boat but are unsure about the type to purchase or whether it will need insurance, call us at Advantage Insurance Network. Our agents can explain Ohio’s stance on boat insurance, situations that may require coverage, and the benefits of having insurance.

Ohio Watercraft Insurance

In Ohio, watercraft insurance is not a state requirement. However, if you are financing or leasing your boat or other types of watercraft, your lender will likely require you to carry insurance. Another situation to consider is docking at a marina. Whether you’re fueling up, taking a break, or grabbing a bite to eat, many marinas require proof of insurance before allowing you to dock. This ensures protection for other boats at the marina in case your vessel causes damage. Insurance options for these situations include comprehensive coverage, collision coverage, and boat liability coverage.

Benefits of Having Watercraft Insurance in Cincinnati, OH

Even if you own your watercraft outright and don’t plan to use marina services, it’s highly recommended to insure your boat. Liability insurance covers injuries, property damage, and damage to other watercraft when you’re at fault. Collision coverage protects against incidents where your boat comes into contact with another vessel, a dock, or other objects. Comprehensive coverage safeguards your investment against risks such as fire, weather-related damage, vandalism, and theft.

Contact Us

If you plan to enjoy time on the water, let our agents at Advantage Insurance Network provide you with the right insurance to protect your investment and your financial future.