Generally speaking, if you’re a responsible Shelton, CT homeowner, if you pay your premiums on time, your home insurance company won’t have any reason to drop you. But it happens. Here are some common reasons why your policy might be canceled:
- High-risk pets. Certain dog breeds and exotics, like snakes, can be a problem for insurance companies. If you’re considering adopting a new pet, you’ll want to talk to your insurer first and see what’s covered. Trying to keep a pet a secret from your insurer is not worth the headaches.
- Old roofs. It varies from insurer to insurer, but most will ask that you replace your roof every 20 to 30 years. Decades worth of water damage can add up, and the damage will be felt from the top down.
- Too many claims. You generally want to file once per term, if you can help it. Your insurer probably won’t immediately cancel your policy for filing twice in a year, but if you’re a habitual claim-filer, they’re going to eventually decide that they’re being taken advantage of.
- Your insurer is no longer covering your city. This happens all the time, and there’s not much that can be done about it. On the upside, this isn’t going to reflect poorly on you when you go shopping for a new policy, but it will leave you without protection if you don’t plan ahead.
If you’re shopping for home insurance in Shelton, CT, or if you have any questions, get in touch with us at Goodman Insurance Inc. You can visit the Goodman Insurance Inc. website, stop by the offices, or call us, and we’ll get you connected with the protection you need.
As a business owner in Shelton, CT, you’re responsible for protecting your enterprise against disasters. Connecticut is prone to severe thunderstorms, hurricanes, tornadoes, and other natural disasters that can affect your business operations. By planning ahead, you can be prepared for any eventuality. These tips from Goodman Insurance Inc. can be helpful in preparing your business for disasters.
Develop a Disaster Plan
Develop a plan for what to do in the event of an emergency or natural disaster. Make sure all employees are aware of the plan and know the role they are to play during and after a disaster. Your plan should include a clearly established chain of command, a means of communicating with customers and employees, safe evacuation plans of the business site, and a means of continuing business operations if your location is compromised by disaster damage.
Make Sure Your Important Data is Backed Up in a Secure Site
Back up your important data to include customer and employee information, financial accounts, payroll, tax forms, and other essential documents and store it safely in a separate site to prevent loss in a disaster. Safeguarding essential data will make it easier for you to recover from a disaster.
Make Sure Your Commercial Insurance Coverage is Up to Date
Review your commercial insurance policy regularly to ensure your coverage is up to date and relevant in protecting you against disasters. Your commercial property coverage should be sufficient to cover repairs of your business location or replacement of business equipment and inventory if they are totally destroyed in a disaster. You should also consider business interruption insurance to cover lost revenue, payroll, and other business expenses if your Shelton, CT business has to close temporarily for disaster repairs.
To learn more about commercial insurance protection against disasters, contact Goodman Insurance Inc. today.
Life insurance can be really confusing. Your needs are not always the same. As you go through life, your life insurance needs may go up and down. You may be a little uncertain about when you should reevaluate your insurance needs. What sorts of events make a difference in your life insurance needs? At Goodman Insurance Inc. in Shelton, CT we are there for you through all the stages of your life and we are happy to sit down with you as often as you feel it is necessary.
Buy a Home Experts recommend buying life insurance when you are young. The rates will be lower. As a young and single person purchasing a home in a major life change. It also means that you need to have enough life insurance to pay off your mortgage if you should pass away.
Get Married Getting married is a major life change. While you may want to increase your coverage when this happens, more importantly, you will need to change the beneficiary on your policy. This is best done in a sit-down reevaluation with your insurance agent.
Have a Child Having a child changes everything and it means also changing how you think about your life insurance. You may also want to start them off in life with a policy of their own.
Children move out Children grow up and they move out. The life insurance that you had to protect them while they were your responsibility is now not necessary and it may be time to think about the type and amount of insurance that you have.
Get divorced or spouse dies When your marital status changes you need to take a look at your insurance policies. The beneficiary needs to be changed and the amount of insurance may also need to be considered.
These are just some life events that may require that you reevaluate your life insurance. At Goodman Insurance Inc. in Shelton, CT we understand that life insurance needs change and we are happy to sit down with you to discuss where you are now. Call our office to set up an appointment.
It is the goal of Goodman Insurance, Inc. to help you become well-versed in your home insurance coverage in Shelton, CT. One of your most valuable assets is your home so you naturally want to protect your home and its contents at all costs. If you have a mortgage on your home, your lender demands you have proof of home insurance. Your lender can enact forced home insurance if you do not have proof of insurance. Forced insurance is much more expensive and only pays for the home in the event it is destroyed. Forced insurance does not pay for any losses in contents. In the event the home is destroyed, your lender wants to be sure to get the money back they loaned to you. It is vital you have a clear understanding of what is and is not covered by your home insurance. Home insurance protects your home and its contents against such things as,
- Wind Damage
- Ice Damage
- Slip and Fall accidents
- Damages or injuries to other persons on your property
- Protects your financial assets
Depending on your situation we may talk with you about the need for umbrella coverage especially if you have a home-based business. We can explain this to you when we talk. It is a challenge to navigate the insurance industry and we are here to help you with your home insurance. We may be able to get you discounts on your insurance and we take care that you are not over-insured.
Risky Business, Living Without Home Insurance!
A catastrophic event can happen to anyone at any time. The key is having an excellent home insurance policy to recoup your damages. Goodman Insurance, Inc. is a seasoned, experienced, and trusted insurance company in Shelton, CT. Our agency additionally serves residents in Trumbull, Monroe, and North Haven, CT. We have a complete list of insurance services to offer you and we are experienced in all home insurance options. Give us a call today and speak with one of our licensed agents for a free no-obligation quote on home insurance. Access our website for more information and your nearest insurance agency location.
Owning a business in Connecticut comes with plenty of stress but the fear of losing your business should not be one of them. Goodman Insurance Inc. of Shelton, CT has been in business for 60 years and that makes us uniquely qualified to understand the business climate in the state. Commercial insurance is not one size fits all. As an independent agency, we are able to offer our customers products from multiple companies and find the perfect combination to fit your particular business. Commercial insurance offers a variety of different coverages all of which can help to save your business.
Lots of things can happen to make it impossible to do business as usual. It may be damage to the building where your business is located or it can be weather events like a hurricane. With business interruption insurance you can still collect your salary and also have the money to pay your normal operating expenses.
In Connecticut, all businesses are required to have workers’ compensation for their employees, whether full or part-time. If a business is found not to be in compliance they can be fined and a stop-work order may be issued.
Business Liability Insurance
If someone is hurt while visiting your business or by one of your products, you may find yourself hit with legal action. This can be very expensive not only in legal fees but in a judgment against you.
At Goodman Insurance Inc. in Shelton, CT we care about our customers and making sure that their business is protected against all the hazards that are out there. We would love to sit down with you and discuss your business needs. Give us a call or stop by our office and let us put together a commercial policy that makes sense for your business.
Why Do I Need Life Insurance?
Life insurance is intended to help your loved ones if tragedy strikes. Most often, it is bought so that people know that their spouse and children will be taken care of in the event of the insured’s death. Those who care for sick, disabled, or elderly family members often also purchase life insurance so that the family member will still receive the care they need.
How Much Life Insurance Do I Need?
The amount of life insurance you should get really depends on your personal life. You may want to discuss it with a financial advisor, but some things to factor in are:
- How much would a funeral cost my loved ones?
- Do I have any debts that would be unpaid if I passed? If so, what is the total?
- Is there a mortgage or college fund I need to worry about?
- How much would my family need to continue living our current lifestyle?
- Do I pay for the care of any family members? If so, how much would they need to continue receiving that care?
The answers to these questions can help Shelton, CT residents determine how much coverage they should consider.
Basic Types of Life Insurance
It is also important to have a basic understanding of the types of life insurance available. The two basic types are permanent and term life insurance. Permanent covers you for your whole life as long as you pay your premiums while term life insurance only covers your death during a set time period.
Term life insurance is something people consider when they only want coverage until they pay off a mortgage or perhaps until their children are grown. People who purchase permanent life insurance do so with the thought of leaving something behind for loved ones.
If you are considering life insurance, you want an agency at your side that will take the time to learn about you so they can help you choose the right coverage. If you live in Shelton, CT, Goodman Insurance Inc. can be the agency you need. For questions or a no-obligation quote, call or stop by Goodman Insurance Inc. today!
Your home is your sanctuary. It’s where you can kick off your shoes and be 100 percent your authentic self. It provides shelter from New England winters, and it’s where you make memories. For all these reasons, and more, protect your Shelton, CT home with a proper home insurance policy. The team at Goodman Insurance Inc. has put together a shortlist of three reasons why you need a home insurance policy.
1. Required for a Loan
There is no bank that exists in Shelton, CT that will give you a mortgage without home insurance. Having a loan on the house means that this asset belongs to the bank until you pay it off. Your home must be protected in order for the bank to legally issue you a mortgage.
Unforeseen events happen all the time. Fire, theft, injuries — all of these can happen on your property. With the right home insurance policy, and even added protection with an umbrella policy, you can rest assured knowing that you’re covered in the event of any disaster that should befall — small or large.
3. Peace of Mind
Having peace of mind is the opposite of constant worry. A stressed-out mind is bad for health and prosperity. Therefore, even if you own your home outright, protecting it with a home insurance policy is a small investment for peace of mind.
To learn more about purchasing home insurance in Shelton, CT, contact Goodman Insurance Inc. today. Friendly, reputable agents are standing by to answer all your questions, help you find the right home insurance policy for your needs, and help you save money in the process.
Whether you’re providing delivery services to your customers, running a mobile operation, or need vehicles to move your employees around, your business vehicles are essential to your daily work. Goodman Insurance Inc. suggests setting up a maintenance program to ensure that your business vehicles are always working when you need them most. Well-maintained equipment, however, isn’t the only benefit of proper fleet management. These tips will help you maximize the cars, trucks, and other vehicles that keep your Shelton, CT business on the move.
- Keep service records updated and easily accessible. Designate an employee to ensure that services like tune-ups, oil changes, and other routine maintenance are accurately documented. Using a spreadsheet program allows easy access and minimizes the chances of losing your logs.
- Choose one mechanic for all of your work. Find a full-service mechanic who can do all of your maintenance and emergency work. Building a relationship with your mechanic helps you avoid problems with overcharging, shoddy work, and other potential problems. Some shops may offer discounts or contract rates for businesses with multiple vehicles.
- If you have more than 5 vehicles, it may be worthwhile to hire a dedicated shop mechanic. This position would be responsible for keeping records, performing routine maintenance, and performing periodic inspections to prevent small problems from becoming big ones. Your mechanic can also train your employees on the proper use of equipment, safety procedures, and give you expert guidance when it’s time to purchase new vehicles.
- Track fuel consumption. Knowing how much fuel each vehicle uses helps you budget properly. It can also provide helpful information on how your employees use the vehicle or provide clues that there is a mechanical problem.
A good commercial auto insurance policy is also important to a well-managed fleet. Talk to the experts at Goodman Insurance Inc. to find out how to protect your Shelton, CT business with customized auto insurance.
Connecticut has one of the highest life expectancies in the United States at 80.8 years. Residents of Shelton, CT are lucky to be living in this state but in spite of the high rating death is unavoidable and making sure that those you leave behind are provided for is important. No one likes to talk about death and life insurance but not talking about it doesn’t make it go away. Life insurance is an important part of estate planning and also life planning since not everyone gets to live a long life and if you are taken unexpectedly, provision needs to be made for your dependents. Goodman Insurance Inc. has a team of experienced agents who are looking forward to discussing your life insurance needs with you.
Experts say that if you are married and have a family, ideally you should have 10 to 12 times your yearly income in life insurance. Especially if you have young children or a spouse who is not employed, this makes perfect sense. You would also want to have enough for a college education for your children. Obviously, the amount you need will be affected by the number and age of children and the needs of your spouse. Your outstanding debt including mortgage also has to be taken into consideration.
How much life insurance you need is different at different times in your life. If you are helping to support your parents, you need to add that in. How many years of support you need to provide and clearing all your debt and final expenses are part of the things that figure into the total life insurance you need.
Talking to the knowledgeable staff at Goodman Insurance Inc. in Shelton, CT will help you to come up with that figure. Why not give us a call or stop by our office and let us come up with a plan that fits your needs and your wallet.
Winter weather in the greater Shelton, CT area can be pretty brutal, and now is the time to start preparing. When you have a comprehensive homeowner’s policy you can rest assured that your home is protected no matter how severe the winter is. The team at Goodman Insurance Inc. is here to ensure that you have adequate coverage for this winter season. This is also a great time to do a pre-winter inspection and make sure that your home is ready for the ice, cold, and snow!
Protect Your Home Now Before Winter Weather Starts
It’s difficult to tell exactly what winter is going to bring beforehand, and that’s why it’s always a great idea to make sure you’re ready! In addition to meeting with your local agent to review your policy for completeness, there are a few steps you can take around the house to get prepared.
- Trim back any branches near to your home or garage – high winds, ice, and heavy snow increase the chance of branches breaking and causing damage. Make sure that your trees are all properly trimmed before the cold weather starts.
- Have your roof and gutters inspected. Remove loose shingles, clear out any clogs, and make sure gutters are secured.
- Give your furnace a once-over, clear chimney of any debris, and make sure ventilation systems are ready to go.
- Drain sprinkler systems and shut them down for the season to prevent frozen pipes and damage to the overall sprinkler system.
Let’s make sure that your home insurance has the protection you need before the winter weather starts! If you are in the greater Shelton, CT area, call or stop by Goodman Insurance Inc. today and find out how a comprehensive homeowner’s policy can protect your family home.