Is Basic Coverage Enough For Higher Priced Motorcycles?

Choosing motorcycle insurance is like choosing auto insurance, however, you may want to consider a greater amount of coverage if you use your motorcycle as primary transportation. If you own a more valuable motorcycle, do you want to select basic coverage or do you need more?

Selecting Motorcycle Coverage

If you have a higher priced motorcycle you may want to consider purchasing the highest amount of regular coverage and you may even need umbrella coverage to prevent gaps or losses. Consult your professional auto insurance agent to discover options that work for your individual needs. They can help you get peace of mind while on the open road so you don’t have to worry. 

Knowledgeable Agents

If you want to give yourself the protection you need for a higher priced motorcycle, you need to work with an agent from a reputable insurance agency with plenty of experience. They can supply you with insurance products that can cover above and beyond traditional motorcycle insurance. If you live in the Sandy UT area, you should contact Smart Way Insurance Agency for more information about additional coverage. They are experts who care about your security. 

If you are the owner of a valuable motorcycle, especially if it is your main mode of transportation, you should contact Smart Way Insurance Agency serving the residents around the Sandy, UT area. They can work with you individually to help you discover insurance products that will cover you adequately without costly gaps. Call or stop by the office today to speak with a friendly, knowledgeable agent and start obtaining the coverage you need while out on the open road. 

What Is Full Coverage Car Insurance?

Technically, there is no such thing as full coverage car insurance in Sandy, UT, but instead the term refers to a combination of collision and comprehensive coverage that will give you the most protection possible.

Full coverage car insurance will cover that liability insurance that is required in Sandy, UT, collision coverage, and comprehensive coverage. An agent at Smart Way Insurance Agency can explain your protection so you know how you are covered.

In addition to having liability, comprehensive, and collision coverage, you still aren’t fully covered and there are other polices that may make sense for you. Uninsured or underinsured motorist coverage will help cover the cost if you get into an accident with a driver that doesn’t have insurance, or one that doesn’t have sufficient coverage. Medical payments coverage can help you pay for medical bills after an accident, even if you are at fault. Rental reimbursement coverage can pay for the cost of a rental car while you wait for your car to be repaired. Emergency road service coverage can cover you if your car breaks down and you need towing. Customized parts and equipment coverage will protect you if have custom parts that are expensive on your vehicle and need to pay for the cost of damages. Gap insurance will help you if your car is totaled in an accident and you still owe money on your loan or lease.

When determining what full coverage is for you, take into consideration the fair market value of your vehicle, if you have adequate health insurance to cover you in an accident, your location, and your budget. If you are in a location with a high number of uninsured drivers, consider other options and remember that the best protection you can get is the insurance you can afford to have.

Contact Smart Way Insurance Agency to get a quote on auto insurance. 

Are Personal Vehicles Protected by Your Policy When Used for Business Purposes?

Coverage Exclusions are Well-Defined Relative to Using a Personal Vehicle for Business Purposes

As a business owner do you sometimes wonder about your liability when your employee is out on a client visit during a snowstorm using their own personal vehicle? The good news is that unless your business includes some type of livery service, such as transporting people or products such as food or flowers, their usual personal vehicle policy should provide the necessary coverage. The Smart Way Insurance Agency is here to provide the commercial insurance you need to protect your Sandy, UT area business.

While that is all good news, there are some considerations that must be taken into account when reviewing your commercial insurance portfolio. For instance, if your company is growing and your sales team members are spending more time on the road, you may want to look at acquiring a fleet of company vehicles for their use. Even if your employees use their personal vehicles for business reasons on a rare occasion, it makes sense to look into additional liability insurance to protect your company. 

Liability coverage can prevent or minimize any claims against you that can have a negative impact on your financial health. In the unfortunate event that your employee is injured or suffers a loss, you will want to be protected. Another solution is to pay your employees the IRS approved mileage rate when they are using their car for business use. This reduces your liability and helps to eliminate any blurred lines relating to the responsible party should an accident occur.

Do you have questions or concerns about your coverage obligations to your employees in the Sandy, UT area? Contact the Smart Way Insurance Agency to schedule a consultation to learn more.

3 Reasons You Need General Liability Insurance for Your Business

If you own a business, you can’t afford to not protect it. The fact is, there are more than a few things that can go wrong, resulting in a financial hardship for you. To help alleviate the worry and stress associated with these situations, you need to purchase general liability insurance.

If you need one of these policies for your Sandy, UT business, Smart Way Insurance Agency can help. If you want to know more about why it is needed, keep reading.

Accidents Can’t Be Predicted

What happens if someone is shopping in your business and they slip and fall? According to the law, this is your fault – regardless of what caused the fall. If you have general liability insurance, you will have a policy that will cover these types of situations.

The fact is, accidents can happen at any time. Being protected is the only way to ensure your business doesn’t take a devastating loss.

Peace of Mind

As a business owner, you have enough to worry about related to your business. You don’t need to worry about how you are going to pay for damages or injuries that occur on your premises. With a general liability insurance policy, this worry is taken away.

Protect Your Business Assets

If someone is injured or an accident occurs at your business, and you don’t have insurance, you will have to pay for medical costs and any other related expenses. This can result in you having to sell off your assets, or having your assets froze. In many cases, it isn’t a good situation. With an insurance policy, this isn’t the case.

If you are ready to purchase a general liability insurance policy for your business in Sandy, UT, contact the staff at Smart Way Insurance Agency for more information.

What General Liability WON’T Cover

General liability is your rock, your foundation for a comprehensive insurance package. If someone slips and falls on your property, general liability has you covered. If you get into an accident, it’s probably going to be your general liability policy that you’re cashing in on. Smart Way Insurance Agency can offer comprehensive liability plans, but you should know that there are limits to how far general liability will go.

If, for instance, you run a website, and someone sues you for defamation because you ran a story that they take issue with, general liability won’t cover that. If you work in finances and you give someone some investment advice that doesn’t work out, and they sue you over it, general liability won’t cover that, but professional liability will.

Whatever you do, whatever you are buying insurance for, general liability is a must, but it is also important to ensure that you are covered against the other forms of liability that tend to affect your field. This varies from person to person, from business to business and even from city to city. The insurance and business laws in Sandy, UT will be very different from those in Sarasota, FL, for instance.

General liability insurance is important, and if you are not covered currently, then you should call Smart Way Insurance Agency as soon as possible to make sure that you are protected. But, it is only a foundation for your insurance plan. You need to be covered from all angles. General liability is a starting point, but you have to consider what else is needed to keep you safe from all threats.

I Do Not Have a Permanent Residence. How Does This Affect My Auto Insurance Rate?

There are a number of reasons why you may not have a permanent address. You may be between houses, couch surfing on your friend’s couch, or could be evicted while you are between cars. Regardless, you are supposed to inform your auto insurance company of any changes to your address and where your car is housed. This may leave you wondering what to do if you find yourself in this situation.

When you do not have a permanent address, an insurance company will ask you to list the addresses where the car is often housed or garaged. This may be at your friend’s place or the part of town where you often crash with family. If you have this information, this will be the address used to generate your quote.

If you are transient and don’t have an address, an insurance company may do one of two things. They may use an average price for numerous zip codes to determine your price or price you based on the most expensive zip codes in the area. Ultimately, it is up to the insurance company to decide what to do in such a situation. As such, it important to get quotes from various companies to ensure you find the one that is fair and reasonably priced for you.

If you are looking to insure a vehicle, yet don’t have a permanent address, let Smart Way Insurance Agency in Sandy, UT help. We can help determine the average cost for zip codes in the area, giving you a fair and reasonable price quote until you have a permanent address.

How Does an Underage Driver Affect your Policy?

Everyone knows that adding drivers and vehicles to your policy can change your monthly premiums but what does an underage driver do to your policy? For those in the Sandy, UT area, the agents with Smart Way Insurance can help answer that question. Here are some of the basics.

Underage drivers are almost always considered high-risk drivers. This is because these drivers have less experience than older drivers. Their lack of experience is what often makes their presence on a policy a higher cost. For those that have kids, you are going to pay more to insure them due simply to their age. You will also pay more if you buy them an older car that is lacking in safety features.

Underage drivers are going to affect your policy by adding more cost because they are inexperienced. As they get older, your premiums may reduce, but often they will not see a significant drop until your underage driver reaches the age of 25 at which time they are likely going to be on their policy. You cannot change the sex of your underage driver and as a result, most underage males are going to cost more to insure than underage females.

Long story short, underage drivers make your policy go up more than a driver that is over the age of 25 would but in many cases there is no way to avoid this. The best thing to do is add your driver then work to find discounts that might help to counter the effects of having that underage driver on your policy. For those in the Sandy, UT area, the agents with Smart Way Insurance Agency can help you find discounts that make having an underage driver on your policy seem like nothing special.  

Do Older Drivers Get Discounts on Auto Insurance?

When it comes to buying auto insurance, there are of course many discounts that you will want to take advantage of. The exact types of discounts, however, that are available to you will depend on several factors. Take for example that your insurance provider offers a student discount for people who are in school and maintain a certain grade point average (GPA). Unless you are a student and meet the minimum GPA requirement, then you won’t qualify for this discount. Let’s take a quick look at whether or not older drivers qualify for discounts.

Are there discounts for older drivers?

Yes, some insurance agencies do offer senior citizen discounts. The exact age that you will need to meet depends on the insurance carrier that you purchase a policy through. For example, some insurance agencies might require that you be at least 70 years of age to qualify for a senior citizen discount, while other ones may only mandate you be 55-years-old. 

How do you know what the age requirement is?

The best way to determine if you qualify for a senior citizen discount on your auto insurance is to check with your insurance agent. In the process of determining exactly how old you have to be to qualify for this type of discount, you very well may find that you can qualify for other discounts, such as accident-free cuts in your premium. 

If you have any questions about your policy, contact your agent today. To learn more about senior citizen discounts on auto insurance, contact Smart Way Insurance Agency serving the Sandy, UT area. 

How to Make Your Car Drive Forever

We all know that maintaining our cars makes them last longer. Some of us probably even do it ourselves. But the secret to a car that drives forever? That takes some dedication and know-how to pull off. If you want to make your car drive forever—or at least a really long time—here are a few tips.

Dealership Maintenance

Although most of us get maintenance done on our cars at local mechanic shops or do it ourselves, there’s something to be said for going to the dealer. The dealer knows exactly what your car needs, things you would only know if you studied the car’s manual. The dealer may cost a little more, but they can tell when things are slightly off that a mechanic with wider knowledge might not have.

Follow Some 3 Million Mile Advice

Whether you live in Sandy, UT and got your insurance at Smart Way Insurance Agency or not, the experience of a man who has driven his Volvo over three million miles is valuable. If you want your car to run forever, or at least millions of miles, follow his guidance: 

  • Really read and follow the manual. Instead of stashing it in the glove box, study it to figure out your car’s optimum maintenance routines. 
  • Get regular oil changes every time they are due instead of procrastinating.
  • Keep the car clean inside and out to prevent corrosion.
  • Drive your car on a daily basis, as well as taking it on regular road trips.

Stay Safe on the Road

While no one intends to get in an accident, statistics show that when you drive 10 miles faster than other cars on a freeway (such as 80 MPH when traffic is going at 70 MPH), your odds of wrecking increase by 31%. If you want your car to keep driving, you can’t afford getting in an accident.

If you live in Sandy, UT, go to the dealer for maintenance, read the manual, and be an alert driver. These are some keys to making that car drive practically forever. Your Smart Way Insurance Agency representative will thank you.

Auto Insurance in Sandy, UT

Utah is a beautiful state for road touring. Drivers visiting Bryce, Zion, or the Canyonlands National Park will want to make sure they have auto insurance. Auto insurance is mandated for drivers owning vehicles in Utah.

Minimum insurance coverage for Utah drivers is liability coverage that protects a driver from costs associated with another driver’s injury after an accident. Depending on a driver’s record, Utah rules to auto registration may require that a driver holds comprehensive auto insurance coverage.

The main categories of auto insurance available to Utah drivers are as follows:

Liability Coverage – the most basic auto insurance agreement that every driver must carry in Utah. Mandated under law, liability insurance is required by all U.S. states, and covers another driver’s injury and property damage claim.

Property Coverage – compensates repair and replacement of vehicle and property after an accident or vandalism claim.

Medical Coverage – covers medical and hospitalization bills, as well as lost wages due to injury and funeral expenses.

Comprehensive Coverage –  a combined insurance that covers liability, property, and medical auto insurance all in a single policy.

Utah drivers requiring comprehensive auto insurance coverage will generally find that premium rates are indexed higher. Comprehensive auto insurance policies compensate an insured for medical, property repair, and legal fees. Drivers with a record of accident incidences, traffic tickets, those categorized as under a risk classification, may be obliged to meet Utah State’s comprehensive auto coverage requirements. Those having good driving records, may benefit from discount insurance incentives offered through insurers. Ask your insurance broker about eligibility for a discount on an auto insurance agreement.

To find out about auto insurance coverage policy premiums, claims grace periods, and terms and conditions, and to request a quote, contact Smart Way Insurance Agency, Sandy, UT.