When you are in the Flowood, MS area, you will want to find a way to get around and see all that the state has to offer. As you are looking for a way to explore the rest of Mississippi, investing in an RV is a great idea. Along with your RV, you need to also get a proper insurance plan. There are a few reasons why you need to maintain RV insurance at all times.
Insurance Provides Protection for RV
A key reason that many in this area of Mississippi will get RV insurance is so they can have adequate protection for the RV. Those that are going to rent an RV in this area will want to know that they can enjoy it for a long time into the future. One of the best ways that this is done is by getting RV insurance, which will give coverage to repair or replace it in the future.
Insurance is Required
You should also get an RV insurance plan to stay in compliance with requirements. Anyone that would like to drive an RV, will need to have coverage to comply with state law. They are also going to need to have insurance if they have taken out a loan. Having proper insurance will give you the coverage that you need to meet requirements.
If you are in the Flowood, MS area and are in need of RV insurance, it would be helpful to speak with the team at Insurance Protection Specialists. Choosing an RV insurance plan is going to come with a lot of different insurance choices and the team with Insurance Protection Specialists can make it easier for you. They can help by providing the support you need to evaluate your options to ensure that you and your RV are properly protected.
As a homeowner in Flowood, MS, you might not have experienced flooding in the last five years. As such, you don’t see the need to incur additional expenses paying for flood insurance. However, without flood insurance, there are very many risks that you are likely to experience, some of which have been discussed below by Insurance Protection Specialists.
Damages to the Building’s Structure
Flooding is one of the most devastating natural calamities that have been known to damage most of the building’s structure. With regular flooding, the integrity of your building might be compromised, which means that you will require comprehensive repairs. Without flood insurance, you face the risk of paying for all the repair expenses to your structure without assistance. These are huge expenses that you may sometimes find hard to handle without assistance.
Total Building Destruction
On very many occasions, buildings have been destroyed by floods across the country. Some buildings have been swept away, which means that owners of such houses need to build new properties. Without flood insurance, which will be responsible for constructing a new property, you will face an uphill task of building a new house. Your savings might not be enough for you to build a new structure rendering you to cold nights at your compound.
Sometimes flooding might not be big enough to destroy your building, but it might be very damaging to your personal items. Valuable properties such as electronics, clothing, and furniture are likely to be damaged when they get into contact with floodwater. Flood insurance caters for such damages, but without it, you have to pay for replacement expenses without support.
According to Insurance Protection Specialists, flooding can happen at any given time in Flowood, MS. The best way out of possible damages is to have a flood insurance policy that will cover all possible damages and replacement costs.
Very few people understand the dynamics of life insurance. However, death is an inevitable outcome that makes it necessary to ask specific life insurance-related questions. For Flowood, MS residents, life insurance questions can be confusing unless you get someone to give you the right answers. Luckily, here at Insurance Protection Specialists, we are committed to answering some of the most pressing questions about life insurance. Here are some common questions.
Can a Life Insurance Policy Have More than One Beneficiary?
Most people list one or two primary beneficiaries when applying for life insurance. On top of this, you can also name one contingent beneficiary. However, it would be best to be careful about the individuals you settle for as potential beneficiaries. If you wonder whether you can enlist more than one beneficiary, then the answer is yes; you can list as many as three.
Is Life Insurance Taxable to the Beneficiary?
Ordinarily, a life insurance death benefit is received free from any federal income tax. Either way, there are specific scenarios that necessitate taxation. In case the policyholder is a business, and the beneficiary is an employee, such a benefit may be treated as taxable income. At Insurance Protection Specialists, we also advise policyholders whose spouses have life insurance to be keen when naming their children as beneficiaries. Such an approach may necessitate taxation.
Is Life Insurance Necessary for Singles?
Most singles in Flowood, MS wonder if it’s worthwhile to consider life insurance. In most cases, the assumption is that life insurance is for older populations. This option is not a must for singles who don’t have children and spouses. If you are single but have cosigned debt, then life insurance is necessary. In case you are the only primary caretaker to an elderly dependent, you may also consider our life insurance plan at insurance protection specialists.
We Have the Answers
Residents of Flowood, MS no longer have to worry about where to access life insurance coverage. With our experts at Insurance Protection specialists, you can get all your questions answered on anything related to insurance. Contact us today for great services and reliable support.
You’ve done your due diligence, making sure you have all your vehicles properly insured, so you have one less thing to worry about if you get in a car accident. It seems like you’ve properly protected yourself… until you get into an accident with an uninsured driver near Flowood, MS.
The Driver at Fault is Responsible
When you buy car insurance, you know that you’re protecting yourself, and you assume other people have done the same thing. If an accident is your fault, you will file a claim with your insurance to cover the damages and vice versa.
Unfortunately, if you get into an accident with someone who doesn’t have auto insurance and they are at fault, you’ll be hung out to dry unless you purchase additional insurance.
In some cases, an uninsured driver may try to run or offer cash to avoid being caught driving without insurance. To prevent this from happening, call the police as soon as you can, take pictures of the damage and surrounding area, and not accept cash. It’s also important to get the other driver’s name and contact information.
How to Protect Yourself from Uninsured Motorists
To thoroughly protect yourself from the possibility of getting into an accident with an uninsured motorist and not getting compensated for damages, you can purchase uninsured motorist protection. This means that even if the accident isn’t your fault, you can submit a claim to your insurance to reimburse you for damages.
If you’re shopping for auto insurance or you have questions, give Insurance Protection Specialists a call to learn more about options and uninsured motorist coverage. We serve Flowood, MS, and the surrounding areas.
Operating your own business is a challenging task. It is also one of the most expensive investments in your life that will need special protection. The best way to protect your business, yourself as a business owner, and your employees are by getting a commercial insurance policy. However, choosing the right commercial insurance policy is not easy, especially when there are so many myths about it. Here is a list of the most common misconceptions about life insurance prepared by Insurance Protection Specialists serving Flowood, MS:
Myth 1: Yo do not need commercial insurance for your home-based business
If you work from home and your office is in your house’s basement, it does not mean that you do not need business insurance to protect it. Your home as a building and all your personal belongings are covered by standard home insurance, but everything about your home-based business needs additional protection.
Myth 2: A small business does not need commercial insurance
Your commercial insurance should not be based on your company’s size or the number of employees – it should be based on your exposure to risk. There are many different types of risks that you may face. It could be fire, theft, vandalism, etc. Every business, regardless of its size, is exposed to risks. Therefore, it is important to protect it with the help of insurance.
Myth 3: General liability insurance covers everything
Many business owners see the word "general" and think it is a synonym for "everything." However, the truth is that general liability is the basic insurance that covers only a limited amount of risks.
Now you know some of the most common myths about commercial insurance and will be able to make an informed decision by choosing the right policy. If you live in Flowood, MS, or any other surrounding town, do not hesitate to contact Insurance Protection Specialists. We will answer all your questions and help you find insurance based on your insurance needs and budget.
Homeowners in Flowood, MS need to invest in a home insurance policy to protect their property’s value. We provide home insurance at Insurance Protection Specialists.
The following are three things you might not know about home insurance in Mississippi.
Certain natural disaster damages might not be covered under a standard policy.
Your standard home insurance policy should cover you for various types of natural disasters. For example, your policy should cover you for damages caused by lightning or blizzards. However, damages caused by hurricanes or earthquakes might not necessarily be covered.
It will help if you read your policy’s fine print to see what causes of damage are covered.
You may need to pay for additional coverage for outbuildings.
Do you live on a property that includes numerous outbuildings? Any building you own detached from your home might not automatically be covered under your home insurance policy.
If you wish to have your outbuildings covered, you need to bring this issue up specifically with your home insurance provider. You may need to invest in some added coverage if there are numerous buildings on your property like a guest home, barn, or detached garage that you need to have covered.
Investing in added coverage may also be necessary if you keep high-value possessions in your home.
Do you keep collector’s items or expensive electronics in your home? If so, you might want to invest in added coverage.
A standard home insurance policy will offer coverage for possessions within your home, but that coverage will be limited. For high-value items, you should invest in added coverage.
Do you want to learn more about your home insurance options in Flowood, MS? We can provide you with the information you’re seeking at Insurance Protection Specialists. Get in touch with us with your questions.
Flowood, MS is a family-centered community that offers a high quality of living. It is a small city in the greater Jackson metropolitan area. Rentals here are trendy and offer great amenities. One thing that these lovely rentals don’t come with is rental insurance. You may think the management company has insurance, and yes, they probably do, but it won’t help you. It only protects what belongs to the owner, not the tenants. With over 50 years of experience, Insurance Protection Specialists offers their customers a partnership as you deal with the unexpected events that life throws at you.
Renters insurance offers some very valuable coverage at a very affordable price and is well worth investing in. It protects your personal property, gives you liability coverage and loss of use coverage.
Your landlord has insurance that protects the building you live in. Everything that you moved into the rental is your personal property. It may be appliances, decor, furniture, and certainly your clothing. All of these are your personal property. If a covered peril damages or destroys your rental, you could lose all of it.
Things happen. Not all of them are good. If someone is visiting your rental and is injured, you could be held liable for their medical bills, and they may decide to sue you. No one likes to think about having a judgment against them, but it would be awful if you had to pay for it yourself without insurance.
Loss of use
If your rental is damaged so badly you can’t live there, renters insurance will help pay for your lodging until you can move back home.
If you have seen the value of having rentals insurance and would like to discuss it with an insurance expert at Insurance Protection Specialists in Flowood, MS, our team is here to help you.
Motorcycle owners throughout the Flowood, MS area rely on Insurance Protection Specialists for their motorcycle insurance needs. If you are a seasoned rider or are just getting started, it’s important to have the right insurance coverage that meets your needs. While a basic policy is a good first step, it may not give you the necessary coverage. Our team is here to help you find the policy that is adequate for your protection needs.
Why a basic motorcycle insurance policy is often inadequate
Mississippi has minimum insurance coverage amounts for motorcycles that must be in place before you take your bike out on the road. In addition to these policy coverage levels, many bikers choose to carry a more robust policy. If you want the peace of mind that comes with knowing you have the protection you need, it’s time to look at more comprehensive motorcycle insurance policies.
Two sought after coverage options are increased medical protection and protection from damage and theft of your motorcycle. Often, these two coverage areas are not as robust in basic policies as some owners want. Whatever the motivation for seeking increased protection, there is likely a policy that has the protection you want. Why worry about potentially covering excess accident-related expenses if you can put a complete motorcycle policy in place?
Increased coverage levels are another way to boost your protection. Remember that the state-mandated levels are simply minimums, and your needs may be higher than the requirement.
Flowood, MS area riders have the team at Insurance Protection Specialists to help them with their insurance needs. If you are a motorcycle owner who wants to make sure that you have the coverage you need, call or stop by today!
Congratulations to IPS client Robin Howard, our Referral Partner of the Month. Robin was one of many clients who referred friends to IPS for free quotes last month; she chose Delta Streets Academy as her non-profit to receive a $100 donation from IPS. Delta Streets is an all-male private Christian school that serves at-risk youth in Greenwood and was founded by T-Mac Howard, a Northwest Rankin graduate. IPS Agent Dina Stubbs is Robin’s account manager.
IPS Agent Clancy Walker presented a check for $3,000 from Safeco/Liberty Mutual to Teresa Byrd Renkenberger of ShowerPower MS. Shower Power will use these funds to renovate their building to accommodate a washer and dryer for their ministry. Thank you again to all our clients and friends who voted for us and made this presentation possible!
Congratulations to IPS Agent Clancy Walker who received the Agent of Change Award from Safeco and Liberty Mutual for her work with ShowerPower MS. Clancy nominated ShowerPower to the Change Agents Fighting Homelessness contest for their work in serving the homeless in Jackson. When ShowerPower was named a national finalist, Clancy led an ad campaign that resulted in the non-profit winning first place and $3,000 for their ministry. Good job, Clancy! #AgentsOfChange#showerpower