Are you looking for umbrella insurance in Ohio?  Umbrella policies may cover your family or your business.

Contact the insurance experts at 513-662-7000 to find the best umbrella insurance coverage in Cincinnati Ohio. 

Typically insurance companies will not allow a stand alone umbrella so it’s best to package your car, home, and umbrella with the same company.

To obtain a package quote including the umbrella quote click here.

What Is an Ohio Umbrella Policy?

An umbrella policy is simply extra coverage that sits on top of your base coverage provided by your car, home/condo/renters, boat, motorcycle, or ATV insurance.

Umbrella policies are secondary limits of liability that come into play when the underlying limits of liability have been exhausted.

Coverage Scenario: Your newly licensed 16-year-old son, because of a lack of experience causes a car accident and injures two people.  The first person suffered only minor injuries but the second person named Bobby was seriously injured and suffers a permanent disability due to the car accident and can no longer work at his profession.

Bobby files a lawsuit against you as the parent, seeking $2 million due to his injuries and his loss of employment income.  A judgment is assessed against you for $2 million.

This Is How the Umbrella Policy Coverage Applies

Let’s assume that the base limits of liability on your car insurance are $500,000. (Many companies require a minimum of $250,000 per person, $500,000 per accident coverage for liability insurance.  In this instance we’re assuming that the company required $500,000 in combined single limit liability coverage.)

So in this instance the $500,000 of base liability coverage on your car insurance policy goes toward the $2 million judgment and at that point your umbrella policy kicks in. 

If you have a $2 million umbrella insurance policy in Cincinnati, $1.5 million is paid from the umbrella making a $2 million payout.

Do I Really Need Umbrella Insurance in Cincinnati?

If a serious accident or claim occurs and you do not have umbrella protection you may be in serious financial jeopardy due to the fact that all of your personal assets can be taken from you to satisfy court order judgments that are levied against you.

We recommend policyholder seriously consider purchasing umbrella insurance to protect your financial assets.

Many believe that filing personal bankruptcy can absolve you of any liability claims in excess of your automobile limits of him liability is that true?

We will discuss that in our next article.

Cincinnati Umbrella Insurance Is Very Reasonably Priced for the Benefits

Keep in mind it’s best to have your car, home, and umbrella insurance with the same company in most instances.   Contact our agency today to obtain umbrella insurance quotes, please call 513-662-7000. Or to start the process online click on this direct link:  https://www.pathwayinsurance.net/best-car-insurance-rates-in-cincinnati/

Are you a HVAC Contractor Looking for Commercial Liability Insurance in Ohio?

Please call 800-998-0662 or 513-662-7000 and speak with one of our licensed insurance professionals.

We provide liability insurance for HVAC contractors in Ohio, Kentucky, and Indiana.

Need a quote in any other state? Call to be referred to agents offering the lowest rates on insurance for HVAC business.

What Kind of Insurance for HVAC Business Is Necessary?

There are a number of different exposures that your business faces and some of the types of commercial insurance that your business may need are as follows:

• Commercial Liability Insurance for HVAC – This specific coverage protects your business from property damage or bodily injury that your business becomes liable for. For instance, let’s assume that your company installs a new furnace and air conditioning unit and your employee improperly installs the HVAC unit resulting in a fire that burns your customer’s house down. Assuming that you have not excluded products and completed operations coverage from your HVAC business insurance policy, damage to the home may be covered. (Damage to the HVAC unit will likely not be covered.)
• Commercial Automobile Insurance – Purchasing commercial automobile insurance may be necessary for your HVAC business. The reason why is because of a specific exclusion in the personal automobile insurance policy that prohibits business usage of vehicles. It is possible to package your commercial automobile insurance with your Ohio HVAC insurance policy.
• Inland Marine – This coverage complements your HVAC liability insurance plan as it provides coverage for tools, ladders, and other equipment that you own or rent, including materials that are transported to numerous job sites. Your business is best protected when you purchase this coverage.
• Group Health Insurance – Retaining your best employees often requires offering benefits to your workforce. Many small businesses offer group health insurance in Cincinnati to retain valuable personnel. Click here for more information about group health insurance in Cincinnati.
• Disability Insurance – Group disability insurance in Cincinnati can be offered on a short-term and long-term basis.

Call 513-662-7000 for the Best Rates on HVAC Insurance in Ohio.

We can help you obtain Grange insurance quotes in Cincinnati and the surrounding areas. Call our insurance agency at 513-662-7000 for quotes from Grange and other leading companies doing business in our area. (Quotes are available in all 50 states. Click here quotes. 

Or you can request an online insurance quote from Grange by clicking the linkable area here:  Grange insurance quote.

Are You Moving to Ohio From a Different State? 

Are you relocating from another state and you wish to keep your Grange Insurance policy?

Pathway Insurance Services Inc. an authorized Grange Insurance Agency, can offer Grange Insurance in the states of Ohio, Kentucky, Michigan, and Indiana. 

If you are not moving to Ohio, Kentucky or Indiana and you want to Grange insurance quotes in other states click here. or Call us toll free at 800-998-0662.

Keep this in mind about your Grange insurance policy when relocating from another state:

It might not be possible to transfer the exact insurance policy that you have now with Grange Insurance.  The reason why is based on state insurance law.

Insurance is regulated by the individual states and not on the federal level.  

Because insurance laws differ from state to state the policy you have in force with your original state will need to be re-written in the state in which you will now reside.

That’s not an issue or problem.

We can obtain new Grange insurance quotes in Ohio, Kentucky, Michigan, and Indiana in the blink of an eye by using our online car insurance quote engine or giving us a call at our office. If you are not located in the 4 indicated states call us at 800-998-0662 and we will help you find a Grange agent in your area.

Our telephone number is 513-662-7000, or 800-998-0662.

You may also obtain updated quotes from Grange online, click Grange Insurance Cincinnati Oh for Grange quotes in every state in which they are authorized.

Grange offers some of the best auto insurance rates in Cincinnati.  Quotes can be obtained by calling our agency directly and our telephone number is 513-662-7000. 

Or just as easily you may request online quotes from Grange and other top companies in five minutes or less by clicking: Grange Insurance Quote.

Online car insurance quotes with Grange insurance are available in Ohio, Kentucky, Michigan, and Indiana.

Have You Lost Touch With Your Grange Agent?

Call us at 513-662-7000 because we can most certainly provide you the service and attention that you need if you have lost touch with your Grange insurance agent.  We often receive telephone calls from policyholders and regrettably they do not remember the name of their Grange agent!

We stay in touch with our policyholders by means of our Pathway Protection Letter.   This is a biweekly newsletter that we send to all active policyholders to keep you informed and to stay in touch with our valued clients!   

We offer convenient office hours in our Blue Ash office and we can help you with billing, policy, and claims questions.  

Why not call us today to work with a proactive Grange agency?     

Additional information about Grange Insurance Cincinnati.

Grange insurance is only represented by independent insurance agencies like our agency, Pathway Insurance Services Inc.  (That’s a big advantage to you-Click here to learn the big disadvantage in getting car insurance quotes in Cincinnati from Wanda or Waldo the one-hit wonders.)

Grange Insurance is based in Columbus Ohio and they have a fantastic claims department!

Pathway Insurance offers the following insurance policies with Grange:

• Grange Auto insurance Ohio.
• Grange Homeowners insurance Ohio.
• Grange Commercial auto insurance Ohio
• Grange General liability insurance Ohio.
• Grange Life insurance Ohio.

What more information about Grange Insurance?

Click here if you are a Grange Insurance policy holder.

Click here to learn more about Grange Insurance out of Columbus Ohio.

Click here if you need to file a claim with Grange Insurance.

Call 513-662-7000 when looking for Grange Insurance Cincinnati! 

What Is an ACV Loss Settlement?

When looking for Landlord Building Insurance In Ohio contact the insurance experts at 800-998-0662.

We can help you secure the appropriate coverage for your apartment buildings or single-family residence when you need landlord building insurance in Ohio.

Landlord Property Insurance Is Complicated!

Insurance is so much more complicated than the price you pay for it!™  That’s why it’s imperative that you investigate all your options as a landlord to protect your financial interests in your properties. 

One particular area that sometimes is neglected is understanding how depreciation works for buildings that you insure and own.

How Does Depreciation Work on Insurance?

Losses settled on an actual cash value basis (ACV) simply mean that a deduction for depreciation is taken into consideration when settling your insurance claim. 

For instance many of us aware automobile insurance claims are settled on an ACV basis. If you are unfortunate enough to total your brand-new vehicle just as you drive it off the dealership parking lot, your insurance company is not going to pay you full value for what you just paid for that vehicle! (Unless you have a special endorsement attached to your policy.)

How Depreciation Is Calculated? 

The first step taken by the insurance company is to determine the fair value of the property at the time of loss. In other words what would someone “pay” for that property based on the age, condition, and wear and tear of the damaged property.

For instance, if your insurance company considers the life expectancy of a roof to be 20 years and your roof is 10 years old at the time of a loss, the insurance company will (in addition to your deductible) subtract 50% from the loss amount!

So if the cost to replace a roof on one of your buildings is $37,000, the insurance company subtracts $18,500 because of depreciation and then subtracts your deductible from that figure. 

This is how depreciation works.

As you can see it’s important to know whether or not your losses would be settled on an actual cash value basis, or a replacement cost basis because your out-of-pocket expense could be significant.

ACV loss settlements could leave you in a deep hole financially, so choose your options wisely.

We Can Help You with Your Landlord Building Insurance in Ohio.

Because of the complexity of landlord insurance in Ohio, each property owner may have a unique situation.  Contact our agency at 800-998-0662 and we can help you secure the best landlord insurance coverage in Ohio. 

We represent insurance companies interested in insuring 1000 unit buildings as well as single-family residential units.  

If you are an investor of primarily single-family up to four unit apartment buildings, you can start an online quote by choosing: Landlord Property Insurance Cincinnati

Need insurance for your rentals in other areas?  See the community list below:

• Landlord Insurance Akron Ohio
• Landlord Insurance Sandusky Ohio
• Landlord Insurance Youngstown Ohio
• Ashland Ohio Landlord Insurance 
• Landlord Insurance Mansfield Ohio
• Landlord Insurance Toledo Ohio
• Landlord Insurance Cincinnati
• Landlord Insurance Dayton Ohio
• Landlord Insurance Hamilton Ohio
• Landlord  Insurance Springfield Ohio
• Landlord Insurance Wooster Ohio
• Landlord insurance Canton Ohio

If you are a landlord and you need Landlord Insurance in Ohio, Michigan, Indiana, Kentucky, Minnesota, Maryland, Tennessee, Georgia, or Florida you have found the right place!

We insure single family residential units, apartment buildings, condo associations, office buildings, strip malls, and warehouses in all 50 states.

To find the best options contact our property insurance specialist at 800-998-0662 or you can submit your information to us when you click on:  Ohio Landlord Insurance. (Quote are available in all 50 states)

There are three basic types of investment property insurance that you can purchase. We will consider the most basic landlord insurance policy known as the DF-1, or basic dwelling fire policy.

Ohio Landlord Insurance – What’s Covered by the Dwelling Fire Basic Form? 

The DF-1 or Basic Form only provides rudimentary coverage based on perils that are named in the policy.  If a claim occurs and it is not specifically named in the policy no coverage would be available. 

This policy form is the least expensive of all Ohio Landlord Insurance Policies. Click here to review typical coverage exclusions for this policy form.

There is one additional factor of the Dwelling Fire Basic Form that you need to be aware of as it can adversely affect your payout for losses.

All claims under this policy form are paid based on the actual cash value of the property that was damaged and or destroyed.  

Depreciation is deducted for any claim written under the DF-1 policy form.  (Click here to learn what an ACV loss settlement means to you.)

Let’s examine the Dwelling Fire Basic Form Legal language with one company. While it is true that most companies cover similar perils keep in mind that the perils could vary between companies for the same coverage form. 

Ohio Landlord Insurance – Perils That Are Covered by One Company

Read Your Coverage Carefully for This Policy Due to the Substantial Limitations of Coverage!

Take time to read your policy carefully so you understand what is, and more importantly what isn’t covered under this policy form. There are many gaps in coverage when you select this policy form.  The worst time to learn something isn’t covered is right after the claim occurs.

What perils are typically covered by the DF-1?

The insurance company will cover direct physical loss to property insured under Coverage A – Dwelling and Coverage B – Other Structures caused by:

1. Fire or Lightning

2. Windstorm or Hail

This does not include loss:

A. Caused directly or indirectly by frost, cold weather, ice other than hail, snow or sleet whether driven by wind or not;

B. To the interior of a building caused by rain, snow, sand, sleet or dust unless the building is first damaged by the direct force of wind or hail, creating an opening through which the rain, snow, sand, sleet or dust enters; or 

C. to the following:

(1) radio, or television antennas or aerials including their lead-in wiring, masts or towers;

(2) watercraft and their trailers, furnishings, equipment and motors;

(3) lawns, trees, shrubs, or plants; or

(4) awnings, canopies and signs.

 3. Explosion

This peril does not apply to loss by explosion of steam boilers, steam pipes, steam turbines or steam engines owned by or leased by you or operated under your control.

Explosion does not mean:

A. Electric arcing;

B. Breakage of water pipes; or

C. Breakage or operation of pressure relief devices.

 4. Riot or Civil Commotion

 5. Aircraft, including self-propelled missiles and spacecraft.

 6. Vehicles, meaning impact by a vehicle.

This peril does not apply to loss to fences, driveways and walks caused by vehicles owned or operated by you or an occupant of the insured premises.

7. Smoke, if the loss is sudden and accidental.

This peril does not apply to loss caused by smoke from fireplaces or from agricultural smudging or industrial operations.

8. Vandalism or Malicious Mischief

This peril does not apply to loss:

A. By theft, burglary or larceny. This peril does apply to damage to the covered dwelling or covered other structures which is caused by burglars;

B. At the insured premises if the covered dwelling has been vacant for more than 30 consecutive days immediately before the loss. A dwelling under construction is not considered vacant; or

C. To glass or safety glazing material which is part of the covered dwelling or covered other structures, except for glass building blocks.

Ohio Landlord Insurance – Choose Your Coverage Forms Wisely!

The Basic Dwelling Fire Form is the least expensive option for rental properties but it also offers very limited coverage. Additionally losses are settled on an actual cash value method of loss settlement.  This means a deduction for depreciation will be taken into consideration for loss settlements.

The Broad and Special Dwelling Fire Coverage Form may provide replacement cost coverage with no deduction for depreciation. ACV is an option on all 3 forms but is mandatory on the Basic Form.

The information we have considered here is only one aspect of the options available for Landlord Insurance Policies. It’s important for you to take time to read your individual policy for further understanding of coverage terms, options and exclusions.

Ohio Landlord Insurance – Call Us Today!

We hope this information was helpful and if you have not yet spoken with one of our specialist please take time to call us right now by dialing 800-998-0662 or click on links specific to your state that are listed below to request information and quotes 7 days per week twenty four hours per day:

• Landlord Insurance Ohio
• Michigan Landlord Insurance
• Indiana Landlord Insurance
• Landlord Insurance Kentucky
• Tennessee Landlord Insurance
• Landlord Insurance Georgia
• Florida Landlord Insurance
• Minnesota Landlord Insurance
• Maryland Landlord Insurance

Cincinnati Home Insurance Coverage Comparison

When you are shopping for home insurance coverage in Cincinnati you want to keep in mind that the coverage quoted from company to company may differ significantly.  

Call 513-662-7000 to receive free comparisons on homeowners insurance, or you can use our convenient online quote system by choosing : Cincinnati Home Insurance Quote.

As was mentioned in the previous article:  What’s not covered on my Home Insurance Policy?

A home insurance policy does not provide unlimited coverage, so you should take time to understand where any potential gaps in coverage may be apparent.  Now we will discuss further limitations of coverage on the home, condo, or renters policy.

As will be discussed in more detail in another article the home policy (Condo and Renters policy have different coverage parts) and what is covered is broken down into something called  “Sections”.  Section 1 for the home policy has 4 distinct coverage parts:

We Will Focus Specifically on Coverage C- Personal Property Limitations of Coverage.

Certain types of personal property are either not covered, or they have limitations on the maximum amount of money that will be paid for those items in the event of a loss for instance:

Computers, especially lap top computers or business equipment that you keep in your home.

Antique furniture and Fine Arts.

Theft of jewelry, watches, precious and semi-precious stones and furs, including any article containing fur which represents its principal value. 

Theft of silverware, silver-plated ware, goldware, gold-plated ware, platinumware, platinum-plated ware and pewterware.

Theft of guns.

Theft of sports cards or other collectible cards.

Theft of hand tools (not including lawn and garden tools and equipment).

Money, bank notes, bullion, coins and medals and other numismatic property and precious metals including platinum, gold and silver, but not goldware or silverware.  

Securities, accounts, deeds, evidence of debt, letters of credit, notes other than bank notes, passports, manuscripts, tickets, stamps and other philatelic property. This dollar limit applies to these categories regardless of the medium (such aspaper or computer software) on which the material exists. The limit includes the cost to research, replace or restore the information from the lost or damaged material.

This is a brief list of common personal property items that have limited or no coverage.  Certain companies may have endorsement riders that can be attached to the policy that will provide a limited amount of coverage, but your deductible would apply.  Or you can schedule a individual item on something called an inland marine property schedule.

Always read your individual policy for complete detail?

Remember the worst possible time to learn you do not have the correct amount of coverage is after a claim occurs.

Need Help in Choosing the Correct Home Insurance Policy?

Call 513-662-7000 to speak with our licensed representatives or to receive an online insurance quote, click on: Home Insurance Quote Cincinnati

Cincinnati Homeowners Insurance Policies Do Not Provide Coverage For All Possible Events.

Are you looking for the best Ohio Home Insurance coverage?  Call the homeowners experts at 513-662-7000.  Or if you’d like to start the process of receiving an online quote, choose: Ohio Online Home Quote. 

As is true with any type of insurance that you purchase, what is covered on your Home Insurance policy can vary by insurance company.  

You should definitely take time to read what is covered and what is not. 

Limitations of coverage will once again be listed in the EXCLUSIONS section of your home policy. 

Let’s review a few common EXCLUSIONS on a typical home, condo, or renters policy.  (Not all Exclusions are listed) 

Earthquake or other earth movement including loss caused by, contributed to or aggravated by landslide; mine subsidence; mudflow, earth sinking, rising or shifting. We do cover direct loss that follows caused by fire, explosion or breakage of glass.

Earthquake coverage can be added with most companies for an additional premium.

Water damage, meaning: (a) flood, surface water, waves, tidal water or overflow of a body of water. We do not cover spray from any of these, whether or not driven by wind; (b) Water or water-borne material which backs up through sewers or drains or which overflows or is discharged from a sump, sump pump or related equipment; or (c)  Water or water-borne material below the surface of the ground. This includes water which exerts pressure on or flows, seeps or leaks through any part of a building or other structure, sidewalk, driveway, foundation or swimming pool; caused by or resulting from human or animal forces or any act of nature. We do cover direct loss that follows, caused by theft, fire or explosion.

It may be possible to add a water back up endorsement to your home, condo, or renters policy for an additional premium.  A separate flood policy can be purchased to cover what your home policy excludes.

Vandalism or malicious mischief, including intentionally set fires, if the dwelling has been vacant for more than 30 consecutive days immediately preceding the loss. A building under construction is not considered vacant.

If your home is vacant more than 30 days you can purchase Cincinnati Vacant Homeowners Insurance coverage. Click on Ohio Vacant Home Insurance.

Neglect of an insured person to use all reasonable means to protect covered property at and after the time of loss.

Example:  If a lightning bolt puts a big hole in your roof and you take no reasonable actions to prevent rain from entering your home which in turn causes additional damage to your home, the insurance company can refuse to pay for the damages.

(a) wear and tear, marring, or scratching, deterioration; (b) inherent vice, latent defect, mechanical breakdown; (c) smog, rust or other corrosion, mold, mildew or fungus, wet or dry rot; (d)smoke from agricultural smudging or industrial operations; (e) discharge, dispersal, seepage, migration, release or escape of pollutants unless the discharge, dispersal, seepage, migration, release or escape is itself caused by a Peril We Insure Against under Personal Property Coverage of this policy. Pollutants means any solid, liquid, gaseous or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste. Waste includes materials to be recycled, reconditioned or reclaimed; (f) settling, shrinkage, bulging or expansion, including resultant cracking, of pavements, patios, foundations, walls, floors, roofs or ceilings; (g) birds, vermin, rodents or insects; or (h)animals owned or kept by an insured person. If, because of any of these, water escapes from a plumbing, heating, automatic fire protection sprinkler or air conditioning system domestic appliance, we cover loss caused by the water. We also cover the cost of tearing out and replacing any part of the covered building necessary to repair the system or appliance. We do not cover loss to the system or appliance from which the water escapes. 

Your home insurance policy does not cover maintenance issues, wear and tear, mechanical breakdown.  For instance, if your foundation cracks because of a lack of moisture that is not something that your homeowners insurance policy would extend coverage for.  (If your foundation cracks due to an earthquake and you have earthquake coverage, coverage may apply)

Collapse, other than as provided in Additional Coverages 8. – We cover risk of direct physical loss to covered property involving collapse of a building or any part of a building caused only by one or more of the following: (a) Perils Insured Against in Coverage C-Personal Property. These perils apply to covered building and personal property for loss insured by this Additional Coverage; (b) hidden decay; (c) hidden insect or vermin damage; (d)weight of contents, equipment, animals or people; (e) weight of rain which collects on a roof; (f) use of defective material or methods in construction, remodeling or renovation if the collapse occurs during the course of the construction, remodeling or renovation. 

The limitations of coverage is quite extensive for home insurance, you must read your policy carefully to determine if there are any possible gaps in coverage.  Insurance companies will not allow you to backdate or purchase coverage after the claim happens.  You must do that before the claim happens.

Call the Experts on Homeowners Insurance