What do I need to think about when choosing a life insurance policy?

Those that live in the Vernal, UT area will have plenty of insurance needs, which can include getting home or auto insurance. Another important form of insurance that someone should get is life insurance. This type of insurance is ideal for those that are looking to protect the financial future of their dependents. There are several factors to think about when you are choosing a new life insurance policy. 

Amount of Coverage Needed

One factor that you need to consider when you are choosing a life insurance policy is the amount of coverage to receive. This can be a complicated and very personal factor that needs to be decided when applying for insurance. You should make sure that the policy offers financial protection for all of your dependent’s future expenses, which can include the costs of living, housing, future education and even retirement costs.

Type of Policy

Picking the right policy is also a big decision. Many life insurance buyers end up getting a term life insurance policy, which will give you an affordable form of insurance and can be personalized and curtailed based on your individual needs. Another option to consider is a whole life policy, which will give you coverage for the rest of your life but will also provide you with a conservative form of investment.

When you are shopping for life insurance in the Vernal, UT area, you should reach out to the team at the Perry Insurance Agency. The insurance team at the Perry Insurance Agency can help anyone here better understand their options and life insurance needs. This will help to ensure that you get into a policy that gives you and your dependants the right type and level of protection. 

Learning Utah Automobile Insurance Requirements

One of the most beautiful states in the country, Utahans love to travel from the Four Corners to Salt Lake City and all points in between.  As such, learning Utah automobile insurance requirements is a precondition of heading out to the open highway.  From minimal insurance requirements required by the state to enhanced insurance options that can keep you on the road with car rental options should you get in an accident; working with a trusted insurance agent can help you make the right decision.  For Vernal, UT residents looking for automobile insurance that fits their driving needs, we welcome you to come into our office at Perry Insurance Agency to learn about your responsibilities and options when getting that next automobile insurance policy.

Auto Insurance Requirements in Utah

At the very minimum, Utah drivers must demonstrate financial responsibility through possession of minimal liability insurance.  These policies mandate coverage for injuries to a single person, more than one person, as well as additional coverage to cover and property damage that results in an accident.  What this means in practice is that while you can legally drive on Utah roadways, your vehicle would not be subject to coverage without a full policy in place.  Deciding which route is the best for your situation means sitting down with a licensed insurance agent to discuss your full range of vehicle insurance options.

Contact Perry Insurance Agency for Your Auto Insurance Needs

Drivers in Vernal, UT are welcome to come to visit our trusted, friendly, and knowledgeable agents to discuss the details of your auto insurance needs.  Every driver’s situation is different, so a one size fits all policy is hardly the correct prescription from one driver to the next.  When you are looking to find a policy that is the perfect fit for your situation, our Perry Insurance Agency agents are standing by to help you make an informed decision of what policy options are available to protect you, your family, and your property.

Does my Vernal UT small business need commercial insurance

Owning a small business in Vernal, UT comes with lots of stress and anxiety and is a dream come true for many people. Lots of bad things can happen and even though no one wants to dwell on the negative, being prepared by having a good commercial insurance policy can minimize the impact of any hazard on your small business. At Perry Insurance Agency we understand business insurance coverage is not one size fits all and by getting to know our clients we can customize a policy that is perfect for your business. 

Commercial property insurance

It is not possible to do business without a place to do business and the equipment you need for your office and your particular product production. If a covered event happens like a fire or other damage, commercial property insurance will allow you to make the necessary repairs or replace your inventory and equipment. This is important coverage even if you rent the actual location. 

Business interruption insurance

When something happens which causes you to cease doing business temporarily, your expenses will continue. While you are waiting to reopen business you need money to pay your day to day expenses. Business interruption insurance can be a lifesaver. Some hazards are excluded so be sure to read your policy carefully to avoid disappointment and misunderstanding. 

Business liability insurance

Being sued is something no one ever wants to think about but in the event, it does happen, this insurance can help you to get the legal representation you need and pay any judgment that won against you. 

Workers’ Compensation

The majority of workers in Utah must be covered by workers’ compensation insurance and as an employer, you are mandated to carry it. 

At Perry Insurance Agency in Vernal, UT, we want to help local small businesses protect themselves. Give our office a call to set up an appointment to discuss your needs 

When Accidents Happen: How Home Insurance Protects You

You’ve invested a lot in your home so you need to protect it with home insurance.  Home insurance is also a major tool to protect you financially.  Most homeowners consider insurance as a means to recover from a fire or severe weather event but it provides so much more.  Our agents at Perry Insurance Agency work with homeowners in the Vernal, UT area to get the right coverage for them. 

The home insurance policy covers the physical structure and everything inside of it.  This can help you recover from a fire or weather event faster.  It also protects items, such as electronics, if they are stolen or damaged away from home.  For instance, if your child’s laptop is stolen while they are at the library, it is still covered.  Also, all structures including pergolas, outbuildings, and fencing are covered. 

Consider, though, the importance of the liability coverage.  If someone is injured on your property and you are found to be at fault or negligent, the home insurance policy will cover their medical expenses.  This is an enormous amount of financial protection as medical expenses can quickly outpace what you are able to cover.  Also, should they sue you, it will cover their legal fees.  It’s easy to see that without the protection of home insurance, you and your family could be financially ruined following an accident. 

At Perry Insurance Agency, our agents work with homeowners in the Vernal, UT area to make sure that they have adequate home coverage.  Unfortunately, accidents do happen every day.  If something does happen, our team is ready to help you and your family through it.  Start with checking out some of the general information on our website.  Then contact us for more information.  Your home is important to you.  Let’s protect it today!

Protecting The Contents of Your Apartment With Renters Insurance

Are you currently renting an apartment or will you be renting an apartment in the Vernal, UT area soon? When you are going to begin the process of renting an apartment, you want to be aware of your insurance needs and also ensure you have adequate protection across the board.

Renters insurance is a big piece of the puzzle for anyone seeking out an apartment. When you are looking at renters insurance, the two pieces of coverage you want to hone in on is protection for your assets, as well as protection from a liability perspective. Renters insurance is a need you have to consider and it goes above and beyond what you have from other types of insurance coverage.

In terms of your assets, renters insurance will provide you with coverage if your property inside of the apartment is damaged, stolen, or something else depending on the type of loss. What you want to do is have evidence of the value of your different assets, pictures, receipts, whatever you can dig up to help with claims if there is a loss.

From a liability perspective, renters insurance can also help you as you will be able to get coverage if someone is injured in your apartment and you are liable for that injury. This can help with that loss, medical expenses, and so on. Renters insurance is critical for liability and helps to complement the coverage for your personal contents.

Renters insurance is something you need to shop for early, as soon as you sign on the line to take on the apartment. Having the protection of your assets, as well as protection from liability, is critical. Working with the Perry Insurance Agency can help you to shine a light on your insurance needs and be sure you have adequate coverage across the board before you start renting.  

Should You Combine Auto Insurance When You Get Married?

Getting married is an exciting time and involves combining two lives into one. Some aspects of this process seem very obvious, like moving in together, but what about combining other things like car insurance? At Perry Insurance Agency, serving Vernal, UT, we love taking the time to educate our clients and future clients on important topics such as this. 

Good Reasons To Combine Insurance

There are a lot of great reasons to combine your car insurance when you get married. Most insurance companies will offer married couples special discounts. This can help with new married life budgeting. It is also far easier to budget one single auto insurance payment rather than two. If you haven’t both done so recently, take this opportunity to shop around for a better deal. Experts recommend shopping around at least once a year. If your marriage has coincided with the purchase of a home, you could qualify for more discounts as well. 

When Should I Not Combine Insurance

There are plenty of great reasons for combining insurance. However, you should also note that there are times when combining insurance is not the best idea. Here are a few reasons why you should consider keeping your policies separate. If your spouse has a collector or special vehicle they will need a special policy. Having a combined policy would not be a good idea in this situation. If your spouse has very bad credit or very bad driving history, then combining policies might do your policy more harm than good. 

To make sure you make the best choice for your insurance needs, you should speak to an insurance representative. 

If you would like to learn more about auto insurance, please contact our staff at Perry Insurance Agency, serving Vernal, UT. 

Why a Utah business needs commercial insurance

If you are in the Vernal, UT area and are looking for a new career path, you should consider starting your own small business. This area of Utah offers a lot of potential and benefits to small business owners. However, if you are going to start a company in this area, you need to make sure that you get into a quality commercial insurance policy. There are several reasons why a business in this area needs to have commercial insurance at all times.

Required by Stakeholders

One reason why a company in Utah needs to have commercial insurance is that it could be a requirement. If you have taken out a loan or raised capital to start your company, your lender and investor will want to make sure that your business and their investment is protected. One of the best ways to do this is by getting a commercial insurance policy. Due to this, they will likely require that you carry this insurance at all times. 

Provides Security

Another advantage of getting commercial insurance is that it can provide your business with security. If you lose company assets in a fire or if your company is sued for liability, it could be very damaging. However, if you carry commercial insurance, you will have coverage for these situations. This could help to keep your company solvent. 

If you are hoping to start a business in the Vernal, UT area, it is very important that you get a quality commercial insurance policy. Those that are looking for insurance for their business need to contact the Perry Insurance Agency to start the process. When you call the Perry Insurance Agency, you will get to work with someone that you can trust and that is experienced in helping business owners to choose a commercial insurance policy that works for them. 

3 First Time Home Buyer Mistakes and How to Avoid Them

Shopping for a home in the Vernal, UT area? Let’s dive deeper into the most common first time home buyer mistakes.

Shopping Before Mortgage Approval

Since a mortgage dictates how much money a bank will lend you to purchase a home, it is imperative that you find a lender before looking at homes. Frequently, first time home buyers will fall in love with a home before knowing how much money they can spend only to learn that they can’t afford it. Additionally, be sure to talk to multiple lenders so that you can shop around and compare rates. 

Depleting Your Savings

Unexpected expenses whether related to the home or not can pop up at any time. Failing to leave an adequate emergency fund to pay for repairs, bills and other expenses is a common mistake for home buyers. In addition to having a down payment, most financial experts still recommend that you have a six-month emergency fund saved. If it comes down to it, avoid a 20% down payment and instead maintain some savings. 

Credit Carelessness

Your credit score is one of the largest determinants in what mortgage interest rate you qualify for. Not only will lenders pull your credit report and preapproval, but also they’ll do it just prior to closing. If you have taken any new loans or opened a new credit card between the time of preapproval and finding your dream house, then your loan may not be approved.

At the Perry Insurance Agency in Vernal, UT we strive to provide the best customer service to each of our customers. We know that buying a home is stressful and we want to make the search for homeowners insurance as smooth as possible so give Perry Insurance Agency a call today. 

Who benefits from renters insurance? The tenant or the landlord?

Landlords in Vernal, UT as well as other countries have included another addition in their lease agreements–renters insurance. This is due to the popular assumption by tenants that the landlords’ insurance covers their personal property in the event of an accident. Perry Insurance Agency will help you understand more about renters insurance.

What is renter’s insurance?

This is a type of policy designed for individuals who rent a property. Since the renter is not the real owner of the property, this insurance helps protect the tenant’s property and provides liability coverage in case of issues.

Who should purchase renters insurance

Unlike the popular notion that landlords are responsible for renters insurance, tenants are responsible for this policy as it protects what is inside the apartments. The landlord also has his or her own insurance for the building which covers the gate, walls, floor and the ceiling of the property. 

Why it is important to tenants

As a tenant, your valuable possessions need to be protected from various inevitable calamities and destruction which can bring losses. Renters insurance offers liability coverage.  For instance, if a guest comes over and slips and falls badly that they break an arm, renters insurance can come in to sort the finance needed.

In case of fires or wind damage, renters insurance offers compensation and replacement of all goods destroyed. Damage from wind includes a tree falling on a property. When you purchase renters insurance, your property is also covered from theft or burglary. This is however dependable on an individual policy.

Wondering what type of insurance to buy as a tenant? Perry Insurance Agency has expert insurance advisors to help you out. Visit us at Vernal, UT today.

 

 

 

5 Tips for Protecting Your RV During Winter

Winter weather can take its toll on an RV during holiday travels. If you’re going to be using your RV in winter, it’s best to take precautions to protect it from the elements. These tips from Perry Insurance Agency in Vernal, UT, offer sound advice on protecting your RV from Utah’s harsh winter clime.

Seal Windows and Doors

Check your RV regularly for signs of cracks or wear and tear. Seal windows and doors to avoid moisture setting in. When temperatures drop, this moisture can freeze and cause cracks in your exterior.

Apply Sealant to Roof

Apply sealant to the roof of your vehicle to protect it from cracking. The sealant will also insulate your RV from cold winter drafts. 

Check Tires

Check your tires before setting off on any holiday travels. Worn tires are a recipe for disaster in any weather, but even more so during winter driving.

Prep Your Plumbing

Add RV antifreeze to holding tanks to keep contents from freezing during winter and causing damage to your plumbing. If you plan to use your RV for winter holiday travels, take time to become familiar with your RV’s plumbing system so you can protect it from cold winter weather.

Store Safely

If you’re storing your RV after the holidays, look for a safe, secure place with minimal risk of theft or damage. A temperature-controlled RV storage unit will provide your vehicle with optimal protection against the elements. If you choose to park your RV outside, invest in a sturdy cover to protect it from snow and ice.

Whether you’re using your RV this holiday season or storing it away until spring, make sure you’re protected with RV insurance. Call or visit Perry Insurance Agency in Vernal, UT, today for all your RV insurance needs.