Why basic auto insurance may not be the right choice

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Basic auto insurance is what the state says you need to carry. It varies from state to state. In Nebraska, it is 25/50/25 and 25/50. What this all means is something we at Brokers Insurance Agency in Lincoln, NE make it our responsibility to inform our customers of and make sure they have the appropriate coverage. 

The required insurance is liability coverage and underinsured or uninsured coverage. You must have $25,000 for injuries to one person and $50,000 for all accident injuries, and $25.000 for property damage. You also need to protect yourself and any passengers in your vehicle from medical injuries or lost time resulting from under-insured or uninsured motorists. This is $25,000 for one and $50,000 for all injuries or lost time. 

But what about your car if you are the responsible party? Can you afford to repair or replace it? If the answer is no, then you need to consider additional coverage. 

Collision

Collision covers damage to your car if you are responsible for the accident, are the victim of a hit and run, or are an uninsured or underinsured driver. 

Comprehensive

Comprehensive coverage protects your vehicle from several different hazards, including theft, vandalism, flooding, high winds, and hail, just to name a few. 

Roadside assistance

If you break down and need to be towed, have a flat tire, or lock yourself out of your vehicle, having roadside assistance will mean that someone will come to help you. 

Gap coverage

When you buy a new vehicle, it loses value as soon as it leaves the showroom. This will guarantee you will have enough coverage to pay off your loan. 

To learn if basic auto insurance is the right choice for you, give our team at Brokers Insurance Agency in Lincoln, NE a call today. 

Five Things you Should Know about Umbrella Insurance

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Insurance is an essential part of living in today’s world. There is insurance for just about everything you can think of, such as home insurance, renters insurance, boat insurance, umbrella insurance, and much more. Umbrella insurance is one of those things that some people have never heard of. It is different from most types of insurance in a few ways. Read on to discover five things you should know about umbrella insurance.

What is umbrella insurance?

Umbrella insurance is an extra type of liability insurance. When your liability limits run out on your auto or home insurance, umbrella insurance can cover the rest of the liability cost.

Umbrella insurance is not for everyone.

While umbrella insurance might be helpful for various people, some people don’t need that extra liability insurance. Umbrella insurance is mainly for people with high-risk factors or a high net worth.

You might need umbrella insurance if

You might need umbrella insurance if you have things that put you at higher liability risk. People these days like to sue, so having umbrella insurance can help in those cases. Some of the things that put you at a higher risk include:

  • Swimming pool
  • Trampoline
  • Dogs
  • Regularly having people over
  • Teenage drivers
  • High net worth

Basic things umbrella insurance covers

Here are some of the basic things umbrella insurance covers:

  • Lawsuits
  • Personal liability
  • Injuries
  • Property damage

The nice thing is umbrella insurance isn’t specific to any single policy, like your home or auto insurance. It helps when the liability limits run out on your current policies.

Research your options

Like anything else, it pays to research your options before settling on a policy. Premiums, deductibles, and coverage can be different depending on what insurance company you go with. Choose the company and policy that works best for your needs.

Contact Brokers Insurance Agency

Call or visit us at Brokers Insurance Agency in Lincoln, NE for a quote on an umbrella insurance policy.

How Does My Beneficiary Receive a Life Insurance Benefit?

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At Brokers Insurance Agency in Lincoln, NE, we get many questions about how life insurance works. Many folks might have a general idea of what life insurance is. Still, even after buying a life insurance policy, the specifics, such as how a beneficiary receives a death benefit, can be a mystery. While every policy is different in terms of coverage and amounts, most life insurance policies function similarly when it comes to receiving the death benefit as a beneficiary.

What is a death benefit in life insurance?

In life insurance, the term “death benefit” refers to the sum the surviving beneficiary listed on the policy receives. Sometimes, a death benefit may be put into a specific account to accumulate interest over time. In this case, it will be paid out to a secondary beneficiary after the primary beneficiary’s passing. Still, the primary beneficiary will receive monthly interest payments on the amount. Some life insurance policies may also provide guaranteed income for life for the beneficiary, depending on factors laid out in the policy.

How can a beneficiary receive a life insurance benefit?

Once the life insurance policyholder has passed, the beneficiary can contact the insurance agent associated with the account. Then, the agent will assist with completing the appropriate documentation. In this process, the beneficiary should have multiple death certificate copies available to help verify that the benefits can be paid out. If the insurance agent is unknown or unavailable, a simple call to the insurance company itself will work to start filing the claim. 

To see how our life insurance policies can give your family financial security after you pass, call our office at Brokers Insurance Agency in Lincoln, NE today!

Job site safety tips

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Job site safety is a priority for any company, and ensuring that all personnel is adequately protected is essential. It is important to follow safety guidelines when working in any environment, especially on job sites in the Lincoln, NE area. Here are some tips for job site safety from us at Brokers Insurance Agency: 

  • Wear protective gear: When working on a job site, make sure you are wearing the appropriate clothing, such as long pants, boots, hard hats, eye protection, and gloves. This will help protect you from any potential hazards that may exist on the job site. 
  • Identify potential hazards: Take a few moments to survey the area before starting work to identify potential risks or hazardous materials on the job site. Ensure everyone is aware of these potential risks to avoid them. 
  • Follow proper lifting techniques: Proper lifting techniques should always be used when working with heavy equipment or other materials. Keep your back straight and use your legs instead of your back to lift items off the ground. 
  • Utilize safety equipment: Whenever possible, utilize safety equipment provided by the company, such as harnesses, ladders, scaffolding systems, fall protection devices, and other protective measures put in place for employees’ safety. 
  • Follow instructions from supervisors: Listen carefully to instructions given by supervisors or managers related to job site safety and adhere to them at all times for maximum protection against accidents or injuries while working on a job site. 

By following these simple tips for job site safety in the Lincoln, NE area, you can ensure that all personnel remains safe while performing their tasks in any environment. For more tips, call us at the Brokers Insurance Agency today!

Tips to prepare your home for a storm

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It is essential to take precautions before a storm to protect your home and its contents, especially in the Lincoln, NE area. Here are some tips on how to prepare from us at the Brokers Insurance Agency:

  1. Inspect your roof for loose shingles, cracks, or holes that can be easily damaged by heavy winds and water during a storm. Make sure to repair or replace any damage before the storm arrives.
  2. Store all outdoor furniture and decor indoors, or tie them down securely. Store anything that cannot fit indoors in an enclosed shed or garage strong enough to withstand extreme weather conditions.
  3. Trim trees and shrubs around the home to ensure there are no branches near windows or roofs that could break off in high winds and cause damage to your house.
  4. Clear gutters of leaves, twigs, and other debris so water can flow freely away from your home.
  5. Ensure an emergency supply kit is ready in case of a power outage or if you need to evacuate quickly. This should include flashlights, batteries, non-perishable food items, bottled water, and essential documents.
  6. Prepare your home’s plumbing system by disconnecting all hoses from the outside faucets, draining excess water out of pipes, and shutting off the main valve if instructed to do so by authorities.

Following these tips can help protect your home and its contents when a storm looms on the horizon. If you have any additional questions, give us at Brokers Insurance Agency a call today! We proudly serve the Lincoln, NE area. Stay safe!

Life Insurance to Fit Your Lifestyle

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Insurance policies are often regarded as optional purchases. That can be especially true when life insurance is taken into consideration. However, life insurance is necessary whether you realize it or not. Many things can occur throughout our lives, and it’s essential to ensure that your family is taken care of in the event of your untimely passing. Preparing as much as possible is the key to making the process go as smoothly as possible.

There are multiple reasons why you need to purchase a life insurance policy. These reasons can vary significantly from person to person, depending on the lifestyle lived by each individual. If you smoke, drink, and use street drugs, these factors can drastically diminish your lifespan. Even if you are living a healthy lifestyle, anything can happen at anytime. It can take such a short time to develop a life-threatening illness. Before this happens, you should make sure to give your family peace of mind. Your biggest concern should lie with your loved ones, as life insurance can cover many expenses they may otherwise not be able to afford.

If you have questions about life insurance policies to find which one is right for you, Brokers Insurance Agency in Lincoln, NE is here to help. Obtaining a life insurance policy can be a jarring experience, but you do not have to go alone. Allow the experts to walk you through the proper steps towards protecting your family, even in your absence. Call Brokers Insurance Agency today or stop by their office if you are in the Lincoln, NE area.

Does commercial insurance cover financial crimes and embezzlement by employees?

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When you purchase commercial insurance in Lincoln, NE, you expect it to cover a wide range of potential risks to your business. But what about financial crimes and theft committed by your employees? Unfortunately, these are not always covered by standard commercial insurance policies. However, there are ways to get coverage for financial crimes and employee embezzlement. Brokers Insurance Agency wants you to know how to protect your business from these risks.  

What Is Financial Crimes Insurance?

Standard commercial policies protect your business against employee actions, such as inventory theft or damaging property. However, for financial crimes like embezzlement, you need additional coverage. Financial crime insurance is a type of coverage that protects businesses from losses resulting from fraudulent or dishonest acts committed by employees. This can include anything from embezzlement and payroll fraud to identity theft and data breaches. Financial crime insurance can help cover the costs of investigating and prosecuting the responsible parties and any losses incurred by the business.

Do I Need Financial Crimes Insurance?

The short answer is it depends. Financial crime insurance may be wise if your business deals with large sums of money or sensitive customer information. It’s always a good idea to speak with your insurance agent to determine if this coverage is right for you.

No one in Lincoln, NE likes to think about the possibility of their employees committing fraud or theft, but it’s essential to be prepared for any eventuality. Fortunately, financial crime insurance can help protect your business from the potentially devastating effects of these types of crimes. If you’re unsure whether or not this coverage is right for you, speak with Brokers Insurance Agency for more information.

What every new homeowner needs to know about home insurance

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All new homeowners need to learn the basics of homeownership and home insurance. It is not always obvious when this is your first home. With years of experience, Brokers Insurance Agency in Lincoln, NE serves both Nebraska and Iowa. We personalize every customer’s insurance policy to meet their particular needs and wallet. 

Read your policy carefully.

Read your home insurance policy carefully. Start by reading the declaration page, which will tell you the amount of coverage you have on your home, outbuildings, and content. Look at your deductible amount, which you will need to pay out of pocket for every claim. It is not a yearly amount. 

You need to know what isn’t covered.

Home policies do have exclusions, things that aren’t covered. One of the most important things is that floods are not covered. Floods are a major cause of damage in the country, and if you are in danger, you need to buy a separate flood insurance policy. Earth movement is also not covered, including earthquakes, sinkholes, mudslides, and landslides. 

Owner neglect isn’t covered.

It would be best if you kept your home well-maintained. If you don’t, the insurance company may not pay a claim you have. You have to treat your home for termites and other bugs, repair or replace your roof and keep your home in good shape inside and out.

Not all dogs are covered.

If you have a dog, make sure you let your insurance agent know what breed it is. Some breeds are so dangerous that your home insurance won’t cover them. You may want to check which ones are excluded before you choose your best friend. 

Contact Brokers Insurance Agency in Lincoln, NE when you are in the market for home insurance. 

Four Benefits of RV Insurance

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RVs are meant for fun, but they represent a tremendous financial investment. As an RV owner, you can suffer a substantial financial loss if your RV is not appropriately protected. Like you have auto insurance, you should also invest in RV insurance, regardless of your type of RV. 

If you buy RV insurance from Brokers Insurance Agency, you will enjoy the following benefits. 

  • Liability protection: No one is perfect. Irrespective of how careful you may be, mishaps can still occur on the road. And if you are responsible, you could face legal charges, bodily injury, or property damage. All these do not come cheap. However, you don’t have to worry about third-party expenses with RV insurance.
  • Asset protection: RVs are expensive — some may cost as much as a home. And since it’s a considerable investment, it’s only reasonable to secure it by purchasing RV insurance. The policy repairs your RV in case of damage and replaces it if it’s totaled.
  • Peace of mind: You will meet all manner of drivers on the road, some drunk, overspeeding and uninsured. Even when other drivers aren’t careful, RV insurance makes you relax and enjoy your journey by protecting you in case of an unfortunate incident.
  • Compliance with the law: The state of Nebraska requires that all vehicles on the road show proof of at least minimum liability coverage. Failure to show insurance evidence may subject you to stiff penalties and fines. Why subject yourself to this? You can buy affordable RV insurance from Brokers Insurance Agency. 

RV insurance Options in Lincoln, NE

If you require proper RV insurance in Lincoln, NE, and its surroundings, contact none other than Brokers Insurance Agency. We offer affordable RV insurance that suits your needs. Contact us today for a reasonable quote.

Top Causes of Motorcycle Accidents in Nebraska

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Motorcycle accidents in Nebraska are no joke. With a combination of wide-open highways and city slowdowns, the safety and security of your bike have become ever-more important. Brokers Insurance Agency Lincoln, NE understands that knowing the risks helps you best prepare, so we’ve assembled a short list of the top causes of motorcycle accidents in Nebraska.

Weather

It’s common to hear Midwesterners say, "If you don’t like the weather, wait 5 minutes." As insurance experts, we suggest you wait 5 minutes before driving in potentially dangerous weather. Nebraska is well-known for having seasonal thunderstorms, hail, and the occasional tornado, which can create hazardous motorcycle conditions.

Overdriving the Conditions

It’s really neat to speed and do tricks in the movies. Nebraska’s open highways can lend the illusion that there is no traffic around and no hazards, so it’s safe to try out a few tricks. Maybe you want to try the open road and see how fast that new bike can go. Instead, remember that those speedsters in the movies are trained stunt drivers. Even on an open road, the average driver won’t have the skills to test these maneuvers safely — and it’s illegal too.

Non-Bikers

When a car meets a motorcycle in an accident, chances are the car will come off with less damage and injury. Other drivers on the road, especially those in four-wheeled vehicles or larger, are a significant source of motorcycle-related accidents and injuries. Understanding how to deal with drivers around town is vital to your defensive driving when on a bike. 

Brokers Insurance Agency knows Lincoln, NE, and wants to keep your motorcycle safe. Contact us today.